Forex Signals Today Resulted in a small +20 pips profit The actual Forex Signals was this: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 2, 2015 at 6:29 AM Subject: March 2 To: GBPCAD Sell 0.9228 SL 0.9301 P1= 0.9208 P2= 0.9192 The pair reached its first profit target and bounced back triggering our trailing stops, … [Read more…]
Forex FAQ – The Complete Forex Beginners Guide Short Answers To Most Common Forex Questions We are happy to introduce the new e-book by Dave Hughe. This book is offered for FREE for 3 days only from Sat., Feb. 28 until Mo., Mar. 2. The regular price is $4.99 Download the e-book for FREE from Amazon: CLICK HERE If you like the book, please leave a few words in the Amazon’s Review section. We will also be happy to hear any comments or suggestions from you. Enjoy!
Another Profitable Trading Week: +74 pips profit Just one Forex trading signal was triggered today: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Feb 27, 2015 at 8:05 AM Subject: New order To: AUDCAD Sell 0.9749 SL 0.9801 P1= 0.9732 P2= 0.9712 The price had troubles going down therefore we closed these orders at a small loss … [Read more…]
None of our Forex signals was triggered Monday through Wednesday. Forex Signals to short the Euro today fared pretty well: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Feb 26, 2015 at 6:01 AM Subject: February 26 To: EURGBP Sell 0.7299 SL 0.7331 P1= 0.7283 P2= 0.7273 Both profit targets were reached and the 3rd unit was … [Read more…]
Today’s Forex signal to short CADJPY made +94 pips of profit. None of our Forex signals were triggered on Thursday. Today we shorted the CADJPY currency pair. In that trade, both profit targets were reached and our trailing stop-loss order was triggered at 94.71 (see the actual signal and the chart below): From: Dave Hughe … [Read more…]
U.S. banks were closed on Monday in observance of Presidents’ Day U.S. banks constitute a substantial part of the Forex trading volume. When they are closed the market is less liquid, which can lead to abnormal volatility and unpredictable price moves. Therefore we prefer not to trade on such days. Our today’s Forex signal was … [Read more…]
This week the Forex signals were as follows: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Feb 13, 2015 at 8:35 AM Subject: New order To: USDCAD Sell 1.2469 SL 1.2525 P1= 1.2449 P2= 1.2426 This trade reached both profit targets and the third unit was trail-stopped just above the first profit target: From: Dave Hughe <plainfx@gmail.com> … [Read more…]
24-hour operation High leverage Fractional lot trading Low transaction costs Huge liquidity No-gaps trading Monday through Friday. No margin calls Limited number of currency pairs to track as opposed to thousands of stocks
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.