What are some tips for Forex trading?
Treat it seriously and always know what you are doing and why.
Treat it seriously and always know what you are doing and why.
Our winning streak of 8 profitable weeks in a row has been interrupted this week. This week resulted in a loss of -207 pips. +25.53% Profit Made so far in the Plain Forex Trade Copier Real Account: The up to date Forex trading results since the start of this blog: Week 1: +231 pips … [Read more…]
Our short trade in GBPUSD today resulted in +72 pips We also went long the EURGBP pair this morning but closed that trade at break even. On Thursday we placed an order to short GBPUSD. The signal was as follows: GBPUSD Sell 1.7079 SL 1.7021 P1= 1.7061 P2= 1.7043 This trade performed nicely with no … [Read more…]
We issued the following signals, which were not triggered but were not cancelled either. We are going to keep these orders open until the next day. From: Dave Hughe <plainfx@gmail.com> Date: Thu, Jul 17, 2014 at 4:51 PM Subject: New orders To: AUDUSD Sell 0.9324 SL 0.9381 P1= 0.9304 P2= 0.9394 GBPUSD Sell 1.7079 SL … [Read more…]
There were no signals on Tuesday and today’s signal was not triggered as the market continued moving sideways. We traded news in USDCAD this morning: USDCAD Buy 1.0776 SL 1.0750 P1= 1.0796 P2= 1.0806 USDCAD Sell 1.0750 SL 1.0776 P1= 1.0727 P2= 1.0716 This news trade was a real-life example of the worst price move … [Read more…]
We traded the Australian news release at night: AUDUSD Buy 0.9403 SL 0.9374 P1= 0.9423 P= 0.9443 AUDUSD Sell 0.9374 SL 0.9403 P1= 0.9354 P2= 0.9334 The price went up first triggering our buy orders but then it reversed hitting our stop-loss orders. The long trade resulted in a loss of -81 pips. As soon … [Read more…]
None of our signals was triggered on Monday
+5.05% Profit Made This Week in the Plain Forex Trade Copier Real Account +15.27% Profit Made In July So Far in the Plain Forex Trade Copier Real Account: +22.22% Profit Made In June in the Plain Forex Trade Copier Real Account: The up to date Forex trading results since the start of this blog: Week … [Read more…]
The news trade in USDCAD brought in +54 pips today: USDCAD Buy 1.0651 SL 1.0629 P1= 1.0666 P2= 1.0684 If you are interested in learning our Forex News Trading Strategy, click the book cover image below:
The two remaining units of our EURUSD long trade hit their stop-loss orders at night bringing in additional +14 pips of profit. See the previous post. None of our signals were triggered today.