The total trading result for this week is +36 pips of profit. Prices of major currency pairs spent the most part of this week going sideways in trading ranges with low volatility. If you are new to trading and wondering why everybody keeps talking about the volatility, please read my answer to this question posted … [Read more…]
USDJPY price ran up on the news triggering our stop-loss orders (see previous posts):
Our short USDJPY trade opened yesterday has reached its first profit target this morning for the profit of +19 pips (see the previous post). We are still holding 2 more units with stop-loss orders set at the break even price of 103.79.
The remaining 2 units of AUDUSD were stopped out at break even at 0.9331: We shorted USDJPY today: From: Dave Hughe <plainfx@gmail.com> Date: Wed, Aug 27, 2014 at 7:38 AM Subject: August 27 To: USDJPY Sell 103.799 SL 104.17 P1= 103.61 P2= 103.51
Our AUDUSD buy signal was triggered at night and reached the Profit Target #1 so far: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Aug 26, 2014 at 11:08 AM Subject: New order To: AUDUSD Buy 0.9330 SL 0.9289 P1= 0.9347 P2= 0.9357 The first unit was closed at 0.9347 realizing +17 pips of profit. We are … [Read more…]
Our AUDUSD buy signal was not triggered on Monday.
+36.11% Profit Made since June 1, 2014 in the Plain Forex Trade Copier Real Account: The up to date Forex trading results since the start of this blog: Week 1: +231 pips Week 2: – 19 pips Week 3: +415 pips Week 4: +366 pips Week 5: +137 pips Week 6: +150 pips Week … [Read more…]
There are two important news events today: Fed Chair Yellen and ECB President Draghi speeches. Taking into account that today is Friday and judging from the knee jerk reaction on CAD news, I prefer to stay away from trading today. Have a nice weekend all!
Our USDJPY & EURJPY long trades brought in +185 pips of profit. 1. USDJPY buy signal. Total profit +128 pips: Date: Mon, Aug 18, 2014 at 1:48 PM Subject: New order USDJPY Buy 102.71 SL 102.29 P1= 102.88 P2= 102.98 2. EURJPY buy signal. Total profit +57 pips: Date: Tue, Aug 19, 2014 at 7:47 … [Read more…]
We went long EURJPY today at 137.31. The first profit target is reached for +17 pips of profit and 2 units are still open: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Aug 19, 2014 at 7:47 AM Subject: August 19 To: EURJPY Buy 137.30 SL 137.69 P1= 137.48 P2= 137.78