This was a rough week for us. On Thursday there were 2 trades, which resulted in one loss and one win: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Jul 16, 2015 at 8:43 AM Subject: New order To: EURNZD Buy 1.6701 SL 1.66.49 P1= 1.6719 P2= 1.6729 This trade hit stop-loss orders and was a loss … [Read more…]
There were no signals triggered on Tuesday. On Wednesday we lost -51 pips. The signal was as follows: From: Dave Hughe <plainfx@gmail.com> Date: Wed, Jul 15, 2015 at 6:25 AM Subject: July 15 To: GBPUSD Buy 1.5641 SL 1.5599 P1= 1.5667 P2= 1.5694 Later we updated to the stop-loss to 1.5624: From: Dave Hughe <plainfx@gmail.com> … [Read more…]
On Monday we made +40 pips on the USDCAD trade: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Jul 13, 2015 at 6:42 AM Subject: July 13 To: USDCAD Buy 1.2755 SL 1.2695 P1= 1.2775 P2= 1.2794 This trade reached the 1st profit target and touched the 2nd profit target. The stop-loss was updated to 1.2765: From: … [Read more…]
Usually, when people talk about Forex they refer to the spot market. In the spot market currencies are traded physically or electronically “on the spot” at the current market price. For an average person, the most practical way to trade Forex is via an online broker. Brokers pair all buy and sell orders and re-sell … [Read more…]
There were no signals triggered on July 8 and July 9. On Friday, July 10 we incurred losses: There were two signals issued: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Jul 10, 2015 at 6:16 AM Subject: July 10 To: EURGBP Buy 0.7216 SL 0.7279 P1= 0.7228 P2= 0.7248 This signal was a close call and … [Read more…]
On Monday we did not get any trades triggered. Today’s Forex signal made +20 pips profit: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Jul 7, 2015 at 9:11 AM Subject: New order To: USDJPY Sell 122.31 SL 122.66 P1= 122.11 P2= 121.96 Once the 1st profit target was reached, we moved stop-loss orders to the break … [Read more…]
Just like in other financial markets, you profit in Forex by buying low and selling high or by selling high and buying low. Your profit is the difference between the purchase price and the sale price multiplied by the number of lots traded (see also What Is A Lot, Mini-Lot, Micro-Lot, Nano-Lot?). For example, if … [Read more…]
On July 1 none of our signals got triggered. On July 3 we did not trade due to the Independence Day Holiday in the United States. On July 2 the signals were as follows: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Jul 2, 2015 at 6:26 AM Subject: July 2 To: NZDCHF Sell 0.6319 SL 0.6341 P1= … [Read more…]
We made +14% profit in June.
Our Forex signal today made +48 pips of profit: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Jun 30, 2015 at 8:35 AM Subject: New order To: USDCAD Buy 1.2425 SL 1.2389 P1= 1.2438 P2= 1.2448 Both profit targets were reached. The 3rd unit’s stop was moved to 1.2437: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Jun 30, 2015 … [Read more…]