Mo., Jan. 13 morning

EURUSD Buy 1.3703 SL 1.3648 P1= 1.3723 P2= 1.3743 GBPUSD Sell 1.6419 SL 1.6451 P1= 1.6402 P2= 1.6481 USDCHF Sell 0.8998 SL 0.9041 P1= 0.8981 P2= 0.8961

Fri., Jan. 10 trade results (+80 pips)

The initial move of EURUSD price to the downside triggered my sell order for 3 units. Just minutes later that sell order was covered for a loss of -90 pips. Simultaneously got triggered my buy order at 1.3606 and the price continued its upward move. Out of the 3 units bought at 1.3606, the first … [Read more…]

Tue., Jan. 7 trading results +70 pips so far

EURGBP: both profit targets reached for a total profit of +50 pips and one unit is still open with SL at 0.8264, which is another +20 pips of unrealized yet profit. AUDUSD is still open at 0.8889 with SL at 0.8923

Is Forex market different from other markets? You bet!

There are a number of factors that make the Forex market unique. Many of these factors provide tremendous benefits for traders worldwide. Two of the most important are the high level of leverage and the extremely high liquidity. Forex markets have some unique features that provide an incomparable potential for profitable currency trading in any … [Read more…]