EUR/CAD - half out at 1.3296. profit = 0.50%
EUR/JPY half out at 107.01, profit = 0.50%
EUR/JPY half out at 107.01, profit = 0.50%
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Day Trading the Forex for Profits...
- Thread starter spinfoiltrading
- Start date
Currently have half of my original position on two trades:
EUR/CAD
EUR/JPY
Stops for both are break even plus 1 pip,
currently have 0.50% profit for the evening
So, guarantee up 0.50% profit, with a possibility of hitting additional targets.
Will post final on these 3 trades.
EUR/CAD
EUR/JPY
Stops for both are break even plus 1 pip,
currently have 0.50% profit for the evening
So, guarantee up 0.50% profit, with a possibility of hitting additional targets.
Will post final on these 3 trades.
2nd target hit on EUR/CAD, 0.42% profit...
total profit today, up over 0.90%, and on paper another 1.3%. will see where it ends...but locked in 0.90% for the day.
total profit today, up over 0.90%, and on paper another 1.3%. will see where it ends...but locked in 0.90% for the day.
EUR/CAD next target at 1.3270, final target at 1.3207.
EUR/JPY next target 106.80, final target 106.55
EUR/JPY next target 106.80, final target 106.55
EUR/JPY 2nd target hit, up about 0.40% on that exit...up approx. 1.3% for the night.
EUR/CAD stop moved to 1.3305,
EUR/JPY stop moved to 107.15
EUR/CAD stop moved to 1.3305,
EUR/JPY stop moved to 107.15
Closed 1/4 of EUR/CAD position at approx 1.3275, increased profit by 0.75%, up approx 2.15%.
Final quarter target on EUR/CAD at 1.3207
Stop at 1.3305
Final quarter target on EUR/JPY 106.60
stop at 107.15
Final total: remains to be seen.
Guarantee: over 2.3% for the evening.
P.S. originally planned on EUR/JPY to close 1/3 of trade at first target, ended up closing 1/2 trade at first target.
Final quarter target on EUR/CAD at 1.3207
Stop at 1.3305
Final quarter target on EUR/JPY 106.60
stop at 107.15
Final total: remains to be seen.
Guarantee: over 2.3% for the evening.
P.S. originally planned on EUR/JPY to close 1/3 of trade at first target, ended up closing 1/2 trade at first target.
Quote from Peternam:
What broker do you use and what leverage ?
Peter, I typically use no more than 30:1. Generally, It's about 20:1.
I use Oanda... not bad for trading tens of thousands... not sure how they will be at hundreds...but I'll see.
If need be, I'll open an account with Dukascopy, or some other top level bank with a direct line to the interbank market... but for now, the bucket shop that oanda is works fine for me.
Almost never fill problems, very little (no?) slippage, spreads decent, except around news times when they are horrible... so I just exit 30 min prior to news, and don't get in until 30 min after.