Regardless of your trading system or style, every trade you make must have some reason behind it. If there is no reason behind your trade, than it’s a pure and simple gamble. And if you gamble in forex, you will lose money in the long run (we will discuss why gambling is bad in forex in … [Read more…]
AUDUSD cancelled
Cancelled AUDUSD sell orders
USDCHF
USDCHF Sell 0.8976 SL 0.9006 P1= 0.8958 P2= 0.0826
AUDUSD
AUDUSD Sell 0.8994 SL 0.9046 P1= 0.8975 P2= 0.8961
The results of trading on news EURUSD and USDCAD
EURUSD: closed for a total profit of +60 pips USDCAD: there was not much activity, all orders cancelled Total profit made on this news events: + 60 pips
Trading news in USD and CAD
EURUSD Buy 1.3606 Sell 1.3574 USDCAD Buy 1.0673 Sell 1.0648
GBPUSD closed at break even point
The price had drifted down just before the news release, which triggered my sell stop. But there was no real move in price on the news and therefore no reason to hold this position any longer. So, I got out at the break even point.
Dec. 5, trading on news
GBPUSD Buy 1.6366 Sell 1.6339
Dec. 4, Trade on news results: +178 pips
EURUSD: nice round profit of +100 pips USDCAD: profit of +78 pips Total profit from these 2 trades: +178 pips
Dec. 4, news release orders
EURUSD Buy 1.3607 Sell 1.3577 USDCAD Buy 1.0665 Sell 1.0638