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I am going to close USDCAD on the nearest move upward.

At 12pm today, ECB President Mario Draghi is due to participate in a panel discussion titled “The Path from Crisis to Stability” at the World Economic Forum’s annual meeting, in Davos; EURUSD Buy 1.3701 Sell 1.3663

The EURUSD hit my stop loss at 1.3669 and realizing additional 18 pips of profit. Thus, the total profit from yesterday’s trades is 138+18 = +156 pips New order today: USDCAD trade on news: Sell 1.1049 Buy 1.1106

Nice trading today: USDCAD: 1st unit closed at 1.1108, 2nd unit at 1.1093, 3rd unit closed at 1.1108 for a total profit of +75 pips EURUSD: 1st unit closed at 1.3671, 2nd unit closed at 1.3694 for a total profit of +63 pips, the 3rd unit  is still open with the SL at 1.3669 The total result … [Read more…]

USDCAD Buy 1.1176 Sell 1.1128 EURUSD Buy 1.3651 Sell 1.3619

Sometime we all make mistakes. It can be pressing a wrong button, forgetting to close an order, opening a position bigger than intended, etc. What should  you do when you discover your mistake? The answer is plain and simple: close that position immediately regardless whether that accident benefited you or caused a loss. As I … [Read more…]

EURUSD did not cooperate. The stop loss was hit for a total loss of 69 pips.

The order got filled at 1.3529, the stop loss is moved to 1.3552

EURUSD Sell 1.3529 SL 1.3571 P1= 1.3511 P2= 1.3501

GBPUSD stop loss orders were triggered and the remaining 2 unts were closed at break even price. The total is +20 pips.