EURGBP: both profit targets reached for a total profit of +50 pips and one unit is still open with SL at 0.8264, which is another +20 pips of unrealized yet profit. AUDUSD is still open at 0.8889 with SL at 0.8923
EURGBP Sell 0.8284 SL 0.8314 P1= 0.8264 P2= 0.8254 AUDUSD Sell 0.8889 SL 0.8931 P1= 0.8871 P2= 0.8856
Both profit targets were reached as expected. The third unit closed at P1 level. The result is the net profit of: 20 + 30 + 20 = +70 pips
EURUSD Buy 1.3618 SL 1.3588 P1=1.3638 P2=1.3648
There are a number of factors that make the Forex market unique. Many of these factors provide tremendous benefits for traders worldwide. Two of the most important are the high level of leverage and the extremely high liquidity. Forex markets have some unique features that provide an incomparable potential for profitable currency trading in any … [Read more…]
Back in the days when kings thought they had the divine right to rule, they often wanted more money than their parliaments would grant them. But most parliamentary bodies did not consist of fools; they certainly knew better than to leave the powerful tool of taxation solely in the king’s hands. Not being able to … [Read more…]
I wish you all to have happy holidays and best of luck in the next year.
AUDCAD reached P1 and bounced back. The result is +20 pips profit.
AUDCAD Sell 0.9478 SL 0.9505 P1= 0.9458 P2= 0.9448
I didn’t have time for trading on Friday. Still, this was another profitable week with the following results: Mo. +20 pips Tu. +85 pips Wd. -28 pips Th. +40 pips Total: +137 pips Today is exactly one month since I started this blog on Nov. 21, 2013 and the total result is the profit of +1130 pips. If we divide … [Read more…]