We shorted USDJPY today and lost 75 pips on this trade. From: Dave Hughe <plainfx@gmail.com> Date: Wed, Apr 15, 2015 at 6:14 AM Subject: April 15 To: USDJPY Sell 119.36 SL 119.66 P1= 119.22 P2= 119.02
Today’s Forex signal generated +26 pips of profit None of our signals got triggered yesterday. Today we bough GBPAUD, which reached our fist profit target and hit stop-loss order at the entry point. The copy of the signal and the screenshot are shown below: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Apr 14, 2015 at 6:23 AM Subject: … [Read more…]
Today’s Forex signal was to short EURAUD: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Apr 10, 2015 at 9:35 AM Subject: EURAUD Sell 1.3819 SL 1.3851 P1= 1.3805 P2= 1.3782
Forex signals today were as follows: We bough CADJPY, which reached its 1st profit target and was stopped: From: Dave Hughe <plainfx@gmail.com>Date: Wed, Apr 8, 2015 at 6:07 AMSubject: April 8To: CADJPY Buy 95.31 SL 94.89 P1= 95.51 P2= 95.73 We shorted USDJPY, which did not cooperate and was stopped at 120.02: From: Dave Hughe <plainfx@gmail.com>Date: Wed, Apr 8, … [Read more…]
We bought EURJPY and sold USDJPY today. Closed our EURJPY positions with a small profit and USDJPY positions with a small loss. The net result is +3 pips of profit. Most banks in Europe and UK are closed today and apparently there is not enough volume to move the market in any particular direction.
This was a quiet week before the long weekend with not much action in the markets. None of our signals were triggered on Wednesday and Thursday and we closed this week with the small loss of -7 pips. Happy holidays to all!
We shorted GBPUSD again: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Mar 31, 2015 at 7:49 AM Subject: New order To: GBPUSD Sell 1.4779 SL 1.4821 P1= 1.4762 P2= 1.4742 This trade was closed at break even: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Mar 31, 2015 at 8:07 AM Subject: GBPUSD SL BE To: — Abbreviations: … [Read more…]
Our Forex signal was to short GBPUSD: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 30, 2015 at 7:08 AM Subject: New order To: GBPUSD Sell 1.4795 SL 1.4871 P1= 1.4756 P2= 1.4738 The trade was not moving as expected therefore we moved the stops very close: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 30, 2015 … [Read more…]
Answer by Dave Hughe: Scalping in Forex is a style of trading where traders attempt to take advantage of small price fluctuations of currency pairs. Scalpers “jump” in and out of numerous trades within a short period of time trying to make (“to scalp”) a small profit on each trade. Scalpers make tens and even … [Read more…]