Profit target P1 is reached, the stop loss orders for the remaining 2 units are moved to the break even point of 1.6431
Su., Jan. 19 overnight order
GBPUSD Buy 1.6431 SL 1.6388 P1= 1.6451 P2= 1.6471
Question from a new forex trader
Message:Good day I am a relatively new forex trader. I have tried trading live and made some money but ended up losing it all again. I have read through your blog on the link you provided and I see you have been making consistent wins and limiting you losses very nicely. Can you possibly help … [Read more…]
Jan. 17, End of week results: +155 pips (Total: +1455 pips)
For a better illustration, I am going to keep weekly stats from the beginning 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: + 20 pips Week 8: +155 pips Total: +1455 pips
Fri., Jan. 17 end of day
Yes, I call it a day and a week. I have cancelled my order, hung my gloves on a hook and went to enjoy my weekend :))). I am always impatient on Fridays. If there is no immediate action in the morning, I am out. I don’t wanna get stuck in a trade that goes … [Read more…]
Fr., Jan. 17 morning
EURUSD Sell 1.3559 SL 1.3603 P1= 1.3541 P2= 1.3530
Wd., Jan 15 end of day result: +94 pips
My GBP stop loss was hit making the total profit for this trade +94 pips.
EURUSD is closed at the break even price
Euro is not cooperating so I closed this position for the time being.
GBPUSD trade result: +62 pips and counting
Both profit targets were reached. The 3rd unit’s SL is currently at 1.6366
News trade
EURUSD Sell 1.3598 Buy 1.3633