At 12pm today, ECB President Mario Draghi is due to participate in a panel discussion titled “The Path from Crisis to Stability” at the World Economic Forum’s annual meeting, in Davos; EURUSD Buy 1.3701 Sell 1.3663
Fr., Jan. 24 morning
The EURUSD hit my stop loss at 1.3669 and realizing additional 18 pips of profit. Thus, the total profit from yesterday’s trades is 138+18 = +156 pips New order today: USDCAD trade on news: Sell 1.1049 Buy 1.1106
Jan. 23, end of day results: +138 pips + 1 unit still open
Nice trading today: USDCAD: 1st unit closed at 1.1108, 2nd unit at 1.1093, 3rd unit closed at 1.1108 for a total profit of +75 pips EURUSD: 1st unit closed at 1.3671, 2nd unit closed at 1.3694 for a total profit of +63 pips, the 3rd unit is still open with the SL at 1.3669 The total result … [Read more…]
Th., Jan. 23 morning news trades
USDCAD Buy 1.1176 Sell 1.1128 EURUSD Buy 1.3651 Sell 1.3619
What to do when you make a mistake?
Sometime we all make mistakes. It can be pressing a wrong button, forgetting to close an order, opening a position bigger than intended, etc. What should you do when you discover your mistake? The answer is plain and simple: close that position immediately regardless whether that accident benefited you or caused a loss. As I … [Read more…]
Mo, Jan. 20 overnight order result: -69 pips
EURUSD did not cooperate. The stop loss was hit for a total loss of 69 pips.
EURUSD order update
The order got filled at 1.3529, the stop loss is moved to 1.3552
Mon., Jan. 20 overnight order
EURUSD Sell 1.3529 SL 1.3571 P1= 1.3511 P2= 1.3501
Sun., Jan 19 trade result: +20 pips
GBPUSD stop loss orders were triggered and the remaining 2 unts were closed at break even price. The total is +20 pips.
GBPUSD update: +20 pips so far
Profit target P1 is reached, the stop loss orders for the remaining 2 units are moved to the break even point of 1.6431