Following Forex Trade Signals sent out to our subscribers yesterday and today, we went long AUDUSD and GBPUSD. The AUDUSD has reached the first profit target already chalking up +20 pips of profit. The stop-loss orders for the remaining 2 units are moved to the break even point now. See the trading signals below: From: … [Read more…]
The EURUSD dropped over 100 pips today in less than an hour. Both profit targets were reached in our EURUSD short trade that we were holding since yesterday (see the previous post). We are still holding the 3rd unit to capitalize on the continuation of the downtrend. This is how our EURUSD trade looked on … [Read more…]
Today we went short the EURUSD (see the actual signal below). Right now the price is hovering over our entry point and we are holding this trade overnight. Feel free to ask questions or comment. From: Dave Hughe <plainfx@gmail.com> Date: Wed, Jun 4, 2014 at 6:52 AM Subject: June 4 To: EURUSD Sell 1.3597 SL … [Read more…]
Our GBPUSD trade proved to be a winner. Both profit targets were reached overnight. The stop-loss has been adjusted in the morning and later triggered. The total profit from this trade is +45 pips:
The EURJPY trade hit a stop-loss overnight and resulted in a break even. Oh, well! I will take break even over the loss on any day of the week. Today the signal was to short GBPUSD, which we did and we are going to hold this position overnight: GBPUSD Sell 1.6737 SL 1.6803 P1= 1.6715 … [Read more…]
The up to date results since the start of this blog are as follows: 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: + 220 pips Week 8: +155 pips Week 9: + 23 pips Week 10: … [Read more…]
We went long EURJPY today. The signal was as follows: EURJPY Buy 139.14 SL 138.59 P1= 139.34 P2= 139.48 So far the pair has been teasing us by moving up in little tiny steps. It stopped short just 0.4 pips away from our first profit target and pulled back somewhat. Since it might be due … [Read more…]
Both signals were correct except that the USDCAD moved wildly on the news, which resulted in a big slippage. The order got filled at 1.0869 instead of our but stop at 1.0846. Therefore we closed this trade at a loss of -54 pips. The GBPUSD got filled but did not go far. We closed this … [Read more…]
There were the following signals issued: From: Dave Hughe <plainfx@gmail.com> Date: Fri, May 30, 2014 at 7:10 AM Subject: May 30 To: GBPUSD Buy 1.6762 SL 1.6718 P1= 1.6782 P2= 1.6792 From: Dave Hughe <plainfx@gmail.com> Date: Fri, May 30, 2014 at 7:47 AM Subject: USDCAD news trade To: I don’t like the proximity of the … [Read more…]
The European banks are closed today and therefore we did not open any new trades today. We did attempt to trade the USDCAD on the news releases but the price did not move much. We are still holding our short position in GBPUSD. Our EURJPY and USDJPY positions opened yesterday reached their respective first profit … [Read more…]