Th., Mar. 13

The two trades that I placed at night went sour: Later on I moved the stop for GBPUSD to 1.6631, so the total loss for these 2 trades was -258 pips

Tu., Mar. 11 end of day result: +24 pis and counting

I issued 3 signals this morning but had to cancel them later on due to the lack of action. But one signal has been triggered (see below): So far, the first profit target is reached and the stops for the remaining 2 units have been moved to a small profit.

Tu., Mar. 11 overnight trade result: +23 pips

The EURUSD sell order that I published last night reached the first profit target. I moved stop loss orders for the remaining 2 units to the break even price and these stops got filled today. The total profit for this trade is +23 pips in the bank. Today is another slow day in the market but … [Read more…]

Mo., Mar. 10

It was a slow day today. I placed a sell order this morning for EURUSD but the pair did not go anywhere today. I believe that this sell order is still valid:

Fr., Mar. 7 end of day results: +96 pips

Today was another confirmation that technical analysis does work. The USD went up on the news and created some profits for  those who were prepared to capitalize on the move. The results of trades today were as follows: GBPUSD: although the trade was correct, the wiggling of the price made me uneasy and I closed … [Read more…]

Fr., Mar. 7

Big news are coming out at 8:30 today and it looks like the market is expecting the news to be bad for the US dollar. On the other hand there are divergences in many major pairs and at least a temporary reverse in the price direction is due. But the problem is that it’s impossible … [Read more…]