I was right. It plunged down to 1.7526
I took my profit though, at 1.7529
Pips gained on this trade 32
Total for today
5 trades, 5 winners, total pips: 77
Gained profit 770, Total return on equity for today: 42.7%
:D
I will wait and see now if it can break through 1.754, if not, I will probably take profit at 1.7546
If it manages, I will have to wait and see the next tp :)
Well I think I will quit writing my signals when this day is over, as it is a pain in the ass to update all the time and I think ES as scalpz have sufficient information afterwards...
Position closed. Expected target reached.
Entered at 1.7599 and sold at 1.7578 which yields 16 pips, and 160 dollar profit.
4 trades so far, 4 winners, and total pips is 45
Return on equity today is 25%
new order
limit order sell gbp/usd at 1.7599
stop at 1.7611
tp undecided.
update: the order was just executed now.
People can try to dip in around 1.7598 and 1.7601
Position closed as it reached expected target.
Profit 8 pips. which gave me 80 dollar.
Summary for today(which is also the first day) so far:
3 trades, 3 winners, which totals 29 pips. Return on equity for today is 16.1%
Nope Im not going to sell my signals. I just made this journal to prove ES and scaplz that you can be be profitable from the very start, as Im just a newbie who have only been trading for 2 weeks.
You can look up the conversation that caused everything in the thread: an easy way to learn forex.
Well I know a broker where you can trade directly on the spot market. YOu have to pay a monthly fee of 40 dollar though. The spreads are much tighter too.