Wd., May 28 FX signals & trades (+56 pips and counting)

May 28, 2014 at 11:18 pm

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 GBPUSD trade from Monday has reached its second profit target today bringing +56 pips more to the total profit. We are still short the pair with one more unit. The current stop-loss is at 1.6751 (see the chart below).

GBPUSD may28

Tu., May 27 end of day results (+36 pips and counting)

May 28, 2014 at 8:01 am

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 units is at 1.6781 (see the chart below):

GBPUSD forex trade may27

Tu., May 27 Forex signals

May 27, 2014 at 10:34 am

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 not trade if you cannot watch it closely):
USDCAD Sell 1.0831 SL 1.0852 P1= 1.0811 P2= 1.0803
USDCAD Buy 1.0852 SL 1.0829 P1= 1.0872 P2= 1.0882

Fr., May 16 End of day results +20 pips

May 16, 2014 at 3:19 pm

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.

GBPUSD May16 trade

Fr., May 16 Forex signal

May 16, 2014 at 10:05 am

None of the trades were triggered yesterday. Today we went long GBPUSD, see below:

FX signal May 16

Wd., May 14: A lot of Pips!

May 14, 2014 at 9:51 pm

A lot of Pips! – that is the message we received today from one of our subscribers in Europe. He traded the GBP news release today the way we teach at Plain Forex Trading. Way to go!

We did not trade these news as they were released at 4:30 am EST.

None of our signals were triggered yesterday or today. Tomorrow we might trade the USD and/or CAD news releases in the morning.