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Profit target P1 is reached, the stop loss orders for the remaining 2 units are moved to the break even point of 1.6431

GBPUSD Buy 1.6431 SL 1.6388 P1= 1.6451 P2= 1.6471

Message:Good day I am a relatively new forex trader. I have tried trading live and made some money but ended up losing it all again. I have read through your blog on the link you provided and I see you have been making consistent wins and limiting you losses very nicely. Can you possibly help … [Read more…]

For a better illustration, I am going to keep weekly stats from the beginning 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:  +  20 pips Week 8:  +155 pips Total: +1455 pips

Yes, I call it a day and a week. I have cancelled my order, hung my gloves on a hook and went to enjoy my weekend :))). I am always impatient on Fridays. If there is no immediate action in the morning, I am out. I don’t wanna get stuck in a trade that goes … [Read more…]

EURUSD Sell 1.3559 SL 1.3603 P1= 1.3541 P2= 1.3530

My GBP stop loss was hit making the total profit for this trade +94 pips.

Euro is not cooperating so I closed this position for the time being.

Both profit targets were reached. The 3rd unit’s SL is currently at 1.6366

EURUSD Sell 1.3598 Buy 1.3633