The total trading result for this week is +36 pips of profit. Prices of major currency pairs spent the most part of this week going sideways in trading ranges with low volatility. If you are new to trading and wondering why everybody keeps talking about the volatility, please read my answer to this question posted … [Read more…]
Th., Aug. 28. USDJPY price ran up on the news triggering our stop-loss orders
USDJPY price ran up on the news triggering our stop-loss orders (see previous posts):
Th., Aug. 28. USDJPY short trade reached its 1st profit: +19 pips
Our short USDJPY trade opened yesterday has reached its first profit target this morning for the profit of +19 pips (see the previous post). We are still holding 2 more units with stop-loss orders set at the break even price of 103.79.
Wd., Aug. 27. Forex signals & Trade results
The remaining 2 units of AUDUSD were stopped out at break even at 0.9331: We shorted USDJPY today: From: Dave Hughe <plainfx@gmail.com> Date: Wed, Aug 27, 2014 at 7:38 AM Subject: August 27 To: USDJPY Sell 103.799 SL 104.17 P1= 103.61 P2= 103.51
Wd., Aug. 27. AUDUSD Long Trade Result: +17 pips realized profit + 2 units still open.
Our AUDUSD buy signal was triggered at night and reached the Profit Target #1 so far: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Aug 26, 2014 at 11:08 AM Subject: New order To: AUDUSD Buy 0.9330 SL 0.9289 P1= 0.9347 P2= 0.9357 The first unit was closed at 0.9347 realizing +17 pips of profit. We are … [Read more…]
Can I make a living off trading online?
Answer by Dave Hughe: Contrary to what many people believe, almost anyone can make a living off trading online. But only after they master the trading psychology and achieve necessary levels of knowledge, skills, discipline and funds. Lacking in any of the things above will lead to failure. Can I make a living off trading … [Read more…]
Mo., Aug. 26. No signals triggered.
Our AUDUSD buy signal was not triggered on Monday.
Aug. 22. Forex Trading End Of Week Results: +188 pips (Total: +4,560 pips)
+36.11% Profit Made since June 1, 2014 in the Plain Forex Trade Copier Real Account: The up to date Forex trading results since the start of this blog: Week 1: +231 pips Week 2: – 19 pips Week 3: +415 pips Week 4: +366 pips Week 5: +137 pips Week 6: +150 pips Week … [Read more…]
Fr., Aug. 22. All orders cancelled – heading into the weekend.
There are two important news events today: Fed Chair Yellen and ECB President Draghi speeches. Taking into account that today is Friday and judging from the knee jerk reaction on CAD news, I prefer to stay away from trading today. Have a nice weekend all!
Th., Aug. 21. Forex Signals & Trading Results: +185 pips profit in 2 days.
Our USDJPY & EURJPY long trades brought in +185 pips of profit. 1. USDJPY buy signal. Total profit +128 pips: Date: Mon, Aug 18, 2014 at 1:48 PM Subject: New order USDJPY Buy 102.71 SL 102.29 P1= 102.88 P2= 102.98 2. EURJPY buy signal. Total profit +57 pips: Date: Tue, Aug 19, 2014 at 7:47 … [Read more…]