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…]
Our Forex signals made +58 pips of profit today. Out of the 2 short trades today, the AUDJPY trade was closed at the break even point and USDJPY made +58 pips of profit: USDJPY Sell 122.72 SL 123.11 P1= 122.52 P2= 122.36
We just updated our stop-loss orders for the remaining units to 122.53, which, if hit, will bring +38 pips of profit in addition to the +20 pips made on the first unit: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Jun 29, 2015 at 1:03 PM Subject: USDJPY SL 122.53 To:
From: Dave Hughe <plainfx@gmail.com> Date: Mon, Jun 29, 2015 at 8:11 AM Subject: New order To: USDJPY Sell 122.72 SL 123.11 P1= 122.52 P2= 122.36 So far, this order has reached its first profit target for +20 pips of profit and current stop-loss orders for the remaining 2 units are placed at 122.65