Mo., Apr. 14 Forex Signals
Hi everyone, I moved the blog here and hope that you like it. On Monday we got a fill on the long AUDUSD position but unfortunately it did not work out. The total loss was -114 pips. See below:
Hi everyone, I moved the blog here and hope that you like it. On Monday we got a fill on the long AUDUSD position but unfortunately it did not work out. The total loss was -114 pips. See below:
The Sun always comes up after dark. This week has more than compensated for the previous week’s loss by bringing in additional +380 pips of profit. The up to date trading results for this blog are as follows: Week 1: +231 pips Week 2: – 19 pips Week 3: +415 pips Week 4: … [Read more…]
I closed all positions and called it a week. Going flat over the weekend helps to clear my mind. The trading results today were as follows: EURUSD: one unit bought at 1.3816 and sold at 1.3878 with +62 pips of profit GBPUSD: three units shorted at 1.6758. The 1st unit covered at 1.6738, the second unit … [Read more…]
Good morning! The USD started its move earlier than usual today. Therefore I did not have time to place any new orders. Oh, well. Friday is always a short day for me. GBPUSD position held since yesterday reached both profit targets for the +50 pips profit. The 3rd trading unit is still open with the SL at 1.6751. … [Read more…]
The EURUSD pair continued its upward move today but the divergence is still there. Also, today was the 4th day of the non-stop upward move. Therefore I moved the SL closer and placed it at 1.3868, which is just underneath the previous resistance of 1.3870 and this is also right under the latest pivot point … [Read more…]
The Unemployment Claims number released by Dept. of Labor this morning was better that expected but it did not affect the USD price. Today is the fist day of the G20 meeting and markets are most likely going to trade sideways while waiting for speeches of the G7 leaders and further developments. None of the … [Read more…]
The long EURUSD trade reached both profit targets today for a total profit of +61 pips. One unit remains open with the stop loss at the break even price.
The USDJPY hit the stop loss and brought in +172 pips of profit as expected. The market has been consolidating since the last night waiting for the Federal Open Market Committee meeting results. There were 3 signals issued today: The CAD and JPY signals were cancelled later on but the EURUSD worked quite well.
I have moved the stop loss order for the USDJPY trade to 102.02, which if hit will bring +172 pips of profit in addition to the first 2 units sold on Friday.
Nothing doing again this morning. The USD started its drop across the board at night, which is morning in Europe. And jumping on a moving train is a dangerous proposition. Gotta wait. On the bright side there is the profit in the still open USDJPY trade. The stop loss order is moved to 102.66, which … [Read more…]