Today we opened a new long half-size position in GBPUSD (see the previous post). This trade did move up but stopped just 3 pips short from our first target and reversed. The stop-loss orders were adjusted and the USDCAD trade cancelled:
Today we sent to our subscribers the following signals: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Jun 6, 2014 at 6:21 AM Subject: June 6 To: Both these trades go in the same direction. Use 1/2 position size for each. GBPUSD Buy 1.6827 SL 1.6798 P1= 1.6847 P2= 1.6857 USDCAD Sell 1.0904 SL 1.0963 P1= 1.0883 … [Read more…]
We traded 3 currency pairs today: EURUSD, AUDUSD and GBPUSD. The total result of all closed trades today is +78 +52 +22 = +152 pips of profit. See the details below: 1. EURUSD short position: the 3rd unit got stopped out at -4 pips. The total result of this trade is the profit of +78 … [Read more…]
Following Forex Trade Signals sent out to our subscribers yesterday and today, we went long AUDUSD and GBPUSD. The AUDUSD has reached the first profit target already chalking up +20 pips of profit. The stop-loss orders for the remaining 2 units are moved to the break even point now. See the trading signals below: From: … [Read more…]
The EURUSD dropped over 100 pips today in less than an hour. Both profit targets were reached in our EURUSD short trade that we were holding since yesterday (see the previous post). We are still holding the 3rd unit to capitalize on the continuation of the downtrend. This is how our EURUSD trade looked on … [Read more…]
Today we went short the EURUSD (see the actual signal below). Right now the price is hovering over our entry point and we are holding this trade overnight. Feel free to ask questions or comment. From: Dave Hughe <plainfx@gmail.com> Date: Wed, Jun 4, 2014 at 6:52 AM Subject: June 4 To: EURUSD Sell 1.3597 SL … [Read more…]
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:
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…]
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…]
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…]