The P1 is filled, stop loss orders for the remaining 2 orders are moved to 1.3669
Tu., Jan. 28 Trade on news
I did not have time to post this trade before it happened but will post it now to illustrate how trading on news works: EURUSD Bought at 1.3659, initial SL 1.3623, P1= 1.3679 P2= 1.3691 Once the price moved above 1.3670, I move stop loss orders to break even:
Orders update
USDJPY: loss -189 pips EURUSD orders cancelled
Mo., Jan. 27 morning
EURJPY Buy 140.61 SL 139.98 P1= 140.81 P2= 140.91 EURUSD Buy 1.3708 SL 1.3665 P1= 1.3728 P2= 1.3743
Jan. 24 end of week results: +23 pips (Total: +1,478 pips)
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 pips Week 8: +155 pips Week 9: + 23 pips Total: +1478 pips
Jan. 24, EURUSD orders cancelled, end of day results: -84 pips
There was no active trading today and since its Friday, I am done for the day and for the week. Have a nice weekend!
USDCAD closed
USDCAD is closed at 1.1078 for a total loss of -84 pips
USDCAD is stuck in a range
I am going to close USDCAD on the nearest move upward.
EURUSD trade on news
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