EURUSD Sell 1.3634 SL 1.3756 P1= 1.3714 P2=1.3704 Buy 1.3756 SL 1.3634 P1= 1.3776 P2= 1.3792 EURGBP Sell 0.8338 SL 0.8376 P1= 0.8318 P2= 0.8306
Dec. 9 end of day results: +81 pips
GBPUSD both profit targets reached, one unit is still open with SL at 1.6438 The third unit hit the stop loss at night realizing additional 31 pips of profit. Total today: + 50 pips + 31 pips = 81 pips of profit
Dec. 9. Good morning!
GBPUSD Buy 1.6407 SL 1.6367 P1= 1.6427 P2= 1.6437 Good trading!
Dec. 6. End of week results: +415 pips
This was a nice profitable week in Forex: 89 + 178 + 78 + 70 = + 415 pips The up to date total since the start of this blog is 212 + 415 = + 627 pips of profit
Trade on news results: +70 pips
EURUSD + 40 pips profit USDCAD + 30 pips profit Total: + 70 pips
Dec. 6. Trading FX News again
EURUSD Buy 1.3682 Sell 1.3647 USDCAD Buy 1.0671 Sell 1.0638
Dec. 5, end of day results: +78 pips
EURUSD + 60 pips profit USDCHF + 18 pips profit plus 2 units still open with SL at break even point Today’s total: + 78 pips profit
Beware of risking too much money trading related currency pairs
One common mistake that people make when trading forex is risking too much money by trading the same currency across different pairs. For example, all USD pairs such as EURUSD, USDCAD, USDJPY, etc. tend to move simultaneously with the US dollar index. Therefore, if the US dollar price moves against you, there is a big … [Read more…]
New orders
AUDCAD Buy 0.9661 SL 0.9624 P1= 0.9682 P2= 0.9693 USDCAD Sell 1.0638 SL 1.0668 P1= 1.0618 P2= 1.0605