This is another slow week. We shorted EURUSD on Tuesday but were stopped out at break even point. On Wednesday we shorted the GBPUSD pair: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Aug 5, 2014 at 11:22 PM Subject: New order To: GBPUSD Sell 1.6843 SL 1.6901 P1= 1.6816 P2= 1.6803 This order is still open … [Read more…]
In Forex, are Doji’s historically a sign of guaranteed turnaround of a trend?
Answer by Dave Hughe: There is no such a thing in markets as guaranteed. Dodji is a useful technical signal, which indicates indecisiveness in the market but it is much more reliable when used in combination with other signals. Normally technical traders would want to see at least 2 indicators confirming one another before making … [Read more…]
Fr., Aug. 1 Forex Signals and Trades
We made profit on the long EURUSD trade: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Aug 1, 2014 at 7:40 AM Subject: August 1 To: EURUSD Buy 1.3407 SL 1.3364 P1= 1.3427 P2= 1.3444 Later the profit targets were updated as follows: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Aug 1, 2014 at 10:27 AM Subject: EURUSD … [Read more…]
July 31, End of month trading results:
+27.15% Profit Made so far 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 7: + … [Read more…]
Th., July 31 Forex signals and trade results: +12 pips
There were no new signals today. Our long EURGBP trade got open overnight. The trade did not go far and we closed it with a small profit of +12 pips.
Wd., July 30 Forex Signals & Trades Results: +207 pips
Two trades brought +207 pips today: Our AUDUSD short trade brought us +108 pips profit (see the chart below). This morning we issued a signal to buy EURJPY and EURGBP. The EURJPY orders got filled: From: Dave Hughe <plainfx@gmail.com> Date: Wed, Jul 30, 2014 at 7:39 AM Subject: July 30 To: EURJPY Buy 137.12 SL … [Read more…]
Mo.-Tu., July 29
Our signal to short AUDUSD was not triggered on Monday: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Jul 28, 2014 at 7:24 AM Subject: July 28 To: AUDUSD Sell 0.9377 SL 0.9416 P1= 0.9362 P2= 0.9352 On Tuesday the signal was updated and we went short AUDUSD: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Jul 29, 2014 … [Read more…]
How to make $1 Trillion trading Forex within 2 years?
As always, everything depends on your trading system’s ROI (return on investment). By compounding a 10% annual ROI for the period of 2 years, you would need to start with $4.96 Trillions in order to make $1 Trillion.
What are some tips for Forex trading?
Treat it seriously and always know what you are doing and why.
July 18. End Of Week Trading Results
Our winning streak of 8 profitable weeks in a row has been interrupted this week. This week resulted in a loss of -207 pips. +25.53% Profit Made so far 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 … [Read more…]