This was a quiet week before the long weekend with not much action in the markets. None of our signals were triggered on Wednesday and Thursday and we closed this week with the small loss of -7 pips. Happy holidays to all!
Tu., Mar. 31 Forex Signals
We shorted GBPUSD again: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Mar 31, 2015 at 7:49 AM Subject: New order To: GBPUSD Sell 1.4779 SL 1.4821 P1= 1.4762 P2= 1.4742 This trade was closed at break even: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Mar 31, 2015 at 8:07 AM Subject: GBPUSD SL BE To: — Abbreviations: … [Read more…]
Mo., March 30 Forex Signals
Our Forex signal was to short GBPUSD: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 30, 2015 at 7:08 AM Subject: New order To: GBPUSD Sell 1.4795 SL 1.4871 P1= 1.4756 P2= 1.4738 The trade was not moving as expected therefore we moved the stops very close: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 30, 2015 … [Read more…]
In Forex Trading the word “Scalping” is often used among Currency Traders. What does it mean to “Scalp” Trades?
Answer by Dave Hughe: Scalping in Forex is a style of trading where traders attempt to take advantage of small price fluctuations of currency pairs. Scalpers “jump” in and out of numerous trades within a short period of time trying to make (“to scalp”) a small profit on each trade. Scalpers make tens and even … [Read more…]
March 23-27 Forex Signals End Of Week Results: -70 pips loss
The total Forex Signals result for this week is the loss of -70 pips
Our second Forex signal added +20 pips of profit to the total result today
Today’s second Forex signal made +20 pips of profit: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 23, 2015 at 9:15 AM Subject: New order To: GBPUSD Buy 1.4936 SL 1.4879 P1= 1.4956 P2= 1.4984 The first trading unit reached its profit target. The remaining 2 units were stopped at their break even prices.
Mo., Mar. 23 Forex Signals & Results: +78 pips
Our subscribers made quick profit this morning: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 23, 2015 at 6:09 AM Subject: March 23 To: ERUJPY Buy 130.02 SL 129.48 This trade reached the first profit target and our trailing stops were triggered at 130.19 (see the chart below):
March 16-20 Forex Signals End Of Week Results: +264 pips profit
The total Forex Signals result for this week is +264 pips of profit
Fr., Mar. 20 Forex Signals & Results: +149 pips
Today’s Forex signal was to buy EURJPY: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Mar 20, 2015 at 6:03 AM Subject: March 20 To: EURJPY Buy 129.56 SL 128.79 P1= 129.93 P2= 130.16 This trade reached both profit targets and the last unit’s trailing stop was triggered at 130.18 (see the chart below):
Mar. 19 Forex signal results: +115 pips
Our signal to short EURNZD reached both profit targets and triggered the trailing stop-loss at 1.4371: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Mar 19, 2015 at 8:57 AM Subject: New Order To: EURNZD Sell 1.4398 SL 1.4471 P1= 1.4362 P2= 1.4336