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 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.
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 … [Read more…]