Forex is the only financial market open 24 hours 5 days a week Forex is the most liquid market in the world averaging over $5 trillion per day (see also How Big Is Forex?) Forex has low transaction costs – most brokers include their commissions in the spread. There are no clearing fees, no exchange fees, … [Read more…]
Our Wednesdays Forex signal to sell short USDJPY did not perform as expected. This trade was closed with -75 pips loss. No signals were triggered today. Unfortunately, losing is an indispensable part of Forex trading or any other trading for that matter.
None of our Forex signals were triggered today nor yesterday.
Our Forex Signals resulted in +193 pips of profit this week
Today’s Forex Signal made +86 pips of profit:
The Forex Signal today was to short GBPUSD (see below): From: Dave Hughe <plainfx@gmail.com> Date: Fri, Jan 30, 2015 at 9:02 AM Subject: New order To: GBPUSD Sell 1.5039 SL 1.5106 P1= 1.5021 P2= 1.4996 The fist profit target was updated later to 1.5006 From: Dave Hughe <plainfx@gmail.com> Date: Fri, Jan 30, 2015 at 10:22 … [Read more…]
There were no signals yesterday. Two Forex signals were triggered today. One of them was a loss and another one was a win. The total result is break even.
Our Forex signal to buy GBPUSD generated +131 pips of profit today: GBPUSD Buy 1.5121 SL 1.5049 P1= 1.5148 P2= 1.5168 Both profit targets were reached. The 3rd unit’s trailing stop was triggered at 1.5178. See the chart below:
The Forex signal triggered today: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Jan 27, 2015 at 7:05 AM Subject: January 27 To: GBPUSD Buy 1.5121 SL 1.5049 P1= 1.5148 P2= 1.5168 As you can see we went long GBPUSD today. So far, this trade reached both profit targets for a total profit of +74 pips. One … [Read more…]
The Forex signal triggered today was to buy USDJPY: USDJPY Buy 118.45 SL 117.99 P1= 118.65 P2= 118.75 The pair did not perform as we expected. The price just wouldn’t go up so we exited this trade with a small loss of -24 pips.