There are two important news events today: Fed Chair Yellen and ECB President Draghi speeches. Taking into account that today is Friday and judging from the knee jerk reaction on CAD news, I prefer to stay away from trading today. Have a nice weekend all!
Our USDJPY & EURJPY long trades brought in +185 pips of profit. 1. USDJPY buy signal. Total profit +128 pips: Date: Mon, Aug 18, 2014 at 1:48 PM Subject: New order USDJPY Buy 102.71 SL 102.29 P1= 102.88 P2= 102.98 2. EURJPY buy signal. Total profit +57 pips: Date: Tue, Aug 19, 2014 at 7:47 … [Read more…]
We went long EURJPY today at 137.31. The first profit target is reached for +17 pips of profit and 2 units are still open: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Aug 19, 2014 at 7:47 AM Subject: August 19 To: EURJPY Buy 137.30 SL 137.69 P1= 137.48 P2= 137.78
The USDJPY long position opened yesterday brought in +33 pips of profit yesterday and keeps growing. Two units we closed for +33 pips of profit and still holding the 3rd unit with the current stop-loss order at 103.49:
Answer by Dave Hughe: Contrary to what many people believe, almost anyone can make a living off trading online. But only after they master the trading psychology and achieve necessary levels of knowledge, skills, discipline and funds. Lacking in any of the things above will lead to failure. Can I make a living off trading … [Read more…]
We made the following trades this morning: 1) Closed our long position in AUDUSD at the break even point. 2) Went long USDJPY at 102.71
We went long AUDUSD on the news tonight. So far so good! From: Dave Hughe <plainfx@gmail.com> Date: Mon, Aug 18, 2014 at 9:14 PM Subject: News trade To: AUDUSD Buy 0.9328 SL 0.9294 P1= 0.9344 P2= 0.9354
+28.09% 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 Week 2: – 19 pips Week 3: +415 pips Week 4: +366 pips Week 5: +137 pips Week 6: +150 pips Week 7: + … [Read more…]
This week we made 2 trades. Both were closed with small profits: August 11 Forex Signal: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Aug 11, 2014 at 10:51 PM Subject: Cancel EURUSD buy orders + New order To: EURUSD Sell 1.3364 SL 1.34141 P1= 1.3346 P2= 1.3336 August 13 Forex Signal: From: Dave Hughe <plainfx@gmail.com> … [Read more…]
This is another slow week. We shorted EURUSD on Tuesday but were stopped out at break even point. On Wednesday we shorted the GBPUSD pair: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Aug 5, 2014 at 11:22 PM Subject: New order To: GBPUSD Sell 1.6843 SL 1.6901 P1= 1.6816 P2= 1.6803 This order is still open … [Read more…]