stop: 0.9796
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Day Trading the Forex for Profits...
- Thread starter spinfoiltrading
- Start date
EUR/GBP short 8340, risking 0.50% of capital
for cad/chf trade, risking 0.75%
for cad/chf trade, risking 0.75%
Still holding strong after news announcement... came close in both positions, but didn't hit stop.
Will be looking closely to get out at this point...
Will be looking closely to get out at this point...
EUR/GBP stopped out at 0.55% loss
CAD/CHF hit both targets, for a total gain of 1.1%
Results of both trades: 0.55% profit
FINAL SCORE for 9-14-2010: 3%
CAD/CHF hit both targets, for a total gain of 1.1%
Results of both trades: 0.55% profit
FINAL SCORE for 9-14-2010: 3%
Not seeing much I like right now... may not have any trades tonight... I'll probably have to wait for london to open.
After a nice 3% day yesterday, I'm just not seeing as much tonight.
No point in forcing a trade, however. I'll just watch and see if London brings some of my setups to the levels i'm watching...
Greg
After a nice 3% day yesterday, I'm just not seeing as much tonight.
No point in forcing a trade, however. I'll just watch and see if London brings some of my setups to the levels i'm watching...
Greg
USD/CAD long at 1.0303
stop 1.0289
1st target 1.0319
risking 0.4%
stop 1.0289
1st target 1.0319
risking 0.4%
increased risk to 0.8%
average fill at 1.0305
same initial target, stop moved up 1 pip higher
average fill at 1.0305
same initial target, stop moved up 1 pip higher
will take 40% of my position off at 1.0319, then let it run to
2nd target: 1.0338
3rd target: 1.0355
2nd target: 1.0338
3rd target: 1.0355
1st target moved up to 1.0321
Stopped out USD/CAD, 0.80% loss