AUDUSD Sell 0.9083 SL 0.9122 P1= 0.9067 P2= 0.9055
How much money can you make trading Forex part-time?
There are plenty of profitable strategies, tactics and techniques to trade forex. The goal of the strategy used for trades presented in this blog is to make consistent meaningful profits while trading Forex in a spare time. So, how much do we need to make in order to make it worth while? Well, just making … [Read more…]
Profit/loss calculations
As you noticed, I am back to calculating profit in pips as opposed to dollars because I think that pips are more meaningful. Everyone can multiply pips by the size of lot available to his/her account size. While re-investment of capital is a huge part of building your account, for the purposes of this blog, … [Read more…]
EURNZD closed with 83 pips of total profit
EURNZD: closed the last mini-lot at 1.6734 with the total profit of 83 pips.
Types of orders in Forex
By now we know that as a part-time Forex trader we can take 3 types of action: 1. Buy a currency pair 2. Sell a currency pair 3. Just watch from the sidelines Do not underestimate the third action, which is no action at all. One of the major sins of which all traders are … [Read more…]
EURUSD
EURUSD Buy 1.3622 SL 1.3579 P1= 1.3644 P2= 1.3664
Nov. 28, Good morning!
AUDCHF Buy 0.8281 SL 0.8238 P1= 0.8296 P2= 0.8305 EURNZD Buy 0.6711 SL 0.6688 P1= 0.6734, P2= 0.6748 USDCAD Sell 1.0566 SL 1.0603 P1= 1.0552 P2= 1.0534