Tu., June 3. Trade results: +45 pips
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:
Plain Forex Trading Club
Tu., Jun 3 Forex signals and trades
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…]
June 1 End of week results: +166 pips (Total: +3,556 pips)
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…]
Mo., Jun 2 FX trade signal
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…]
Fr., May 30 End of day results: -1 pip
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…]
Fr., May 30 Forex trading signals
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…]
Th., May 29 Trades & Results (+66 pips and counting)
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…]
Wd., May 28 FX signals & trades (+56 pips and counting)
We have shorted EURJPY and USDJPY today. See the signals below: From: Dave Hughe <plainfx@gmail.com> Date: Wed, May 28, 2014 at 7:36 AM Subject: May 28 To: USDJPY Sell 101.69 SL 102.11 P1= 101.51 P2= 101.36 EURJPY Sell 138.57 SL 139.41 P1= 138.17 P2= 137.71 USDCAD Sell 1.0832 SL 1.0881 P1= 1.0803 P2= 1.0786 The … [Read more…]
Tu., May 27 end of day results (+36 pips and counting)
Later during the day we shorted GBPUSD (see the signal below): From: Dave Hughe <plainfx@gmail.com> Date: Tue, May 27, 2014 at 10:52 AM Subject: New order To: GBPUSD Sell 1.6789 SL 1.6856 P1= 1.5753 P2= 1.6733 This trade has reached its first profit target (+36 pips). The current stop-loss order for the remaining 2 … [Read more…]
Tu., May 27 Forex signals
The banks were closed yesterday in the U.S. and in the U.K. Today is a quite day. We issued the following signal: From: Dave Hughe Date: Tue, May 27, 2014 at 7:49 AM Subject: May 27 To: There is no clear direction to the market and therefore there are no orders. The news trade (do … [Read more…]