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…]
Later during the day we shorted GBPUSD (see the signal below): From: Dave Hughe <plainfx@gmail.com> Date: Tue, May 27, 2014 at 10:52 AM Subject: New order To: GBPUSD Sell 1.6789 SL 1.6856 P1= 1.5753 P2= 1.6733 This trade has reached its first profit target (+36 pips). The current stop-loss order for the remaining 2 … [Read more…]
The banks were closed yesterday in the U.S. and in the U.K. Today is a quite day. We issued the following signal: From: Dave Hughe Date: Tue, May 27, 2014 at 7:49 AM Subject: May 27 To: There is no clear direction to the market and therefore there are no orders. The news trade (do … [Read more…]
The following signal had been issued on Friday: From: Dave Hughe <plainfx@gmail.com> Date: Fri, May 23, 2014 at 7:35 AM Subject: May 23 To: USDCAD Sell 1.0881 SL 1.0921 P1= 1.0861 P2= 1.0851 As the long weekend was coming, the trade has been closed at 1.0865 for a total profit of 45 pips (see the … [Read more…]
The GBPUSD reached its first profit target precisely but did not advance any further. We closed the remaining two units at break even. Therefore the total profit for this trade is +20 pips.