To start trading, as opposed to gambling, you must have a proven trading strategy and a clear objective. Your initial goal should be not to make money but to learn to trade profitably. With that goal in mind, it is advisable to start trading a demo account first. Once you are profitable and comfortable using … [Read more…]
On Friday we sold short the USDJPY pair: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Jul 31, 2015 at 6:05 AM Subject: July 31 To: USDJPY Buy 124.31 SL 123.16 P1= 124.46 P2= 124.56 The downside momentum did not last long. Later we updated the stop-loss orders to the break even price of 124.30. The stop-loss … [Read more…]
We shorted EURCAD today and closed it at a loss: From: Dave Hughe <plainfx@gmail.com> Date: Wed, Jul 29, 2015 at 6:33 AM Subject: New order To: EURCAD Sell 1.4288 SL 1.4325 P1= 1.4266 P2= 1.4244 The stop-loss was updated to 1.4311 and later it was triggered: From: Dave Hughe <plainfx@gmail.com> Date: Wed, Jul 29, 2015 … [Read more…]
We opened a trade today and closed it at the break even price.
Our AUDJPY short trade was stopped at 89.86 for the total profit of +20 pips. On the chart this trade looked like this:
We shorted AUDJPY this morning: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Jul 27, 2015 at 6:04 AM Subject: July 27 To: AUDJPY Sell 89.88 SL 90.15 P1= 89.72 P2= 89.56 So far so good. The first profit target has been reached. Stop-loss orders for the remaining 2 units are now at 89.86: From: Dave Hughe … [Read more…]
Our Forex signals made +338 pips of profit this week.
Our signals produced +137 pips of profit today. Today we closed a couple of trades at break even prices and 2 trades in profit: 1. USDCAD long trade made + 71 pips profit: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Jul 24, 2015 at 6:14 AM Subject: New order To: USDCAD Buy 1.3055 SL 1.3025 P1= … [Read more…]
Our signal made +49 pips of profit today: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Jul 23, 2015 at 8:41 AM Subject: New order To: GBPUSD Sell 1.5578 SL 1.5625 P1= 1.5563 P2= 1.5536 The first profit target was reached fast and the updated stop-loss was triggered at 1.5561: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Jul … [Read more…]
We made +70 pips today Our signal today was to buy USDCAD: From: Dave Hughe <plainfx@gmail.com> Date: Wed, Jul 22, 2015 at 8:15 AM Subject: New order To: USDCAD Buy 1.3005 SL 1.2979 P1= 1.3023 1.3048 This trade reached its first profit target and triggered our updated trailing stop-loss orders were updated as follows: From: Dave … [Read more…]