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.
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…]
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:
This week’s profit is +201 pips and the total up to date trading results for this blog are as follows: 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: + 20 … [Read more…]
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…]
This is the copy of the Forex Signals sent out on Friday morning:
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…]
Closed GBPUSD at 1.6717 for a total loss of -57 pips. The total result today is +34 pips
Forex Signals issued this morning: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Mar 6, 2014 at 7:44 AM Subject: Mar. 6 morning To: GBPUSD Sell 1.6698 SL 1.6758 P1= 1.6678 P2= 1.6668 EURUSD Buy 1.3771 SL 1.3719 P1= 1.3791 P2= 1.3804 As you can see, the EURUSD was a good call. Both profit targets were reached … [Read more…]
The USDCAD reached the first profit target and bounced back up. The stops for the remaining 2 units were moved to 1.1063 and they were filled. Thus the result for this trade was +17-5-5 = +7 pips The EURUSD order was cancelled later on.