Long, USD/CAD at 1.0292, stop at 1.0272,
1st target 1.0320.
risking 1%
1st target 1.0320.
risking 1%
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Day Trading the Forex for Profits...
- Thread starter spinfoiltrading
- Start date
AUD/USD short at 0.9360, risking 0.50%
S/L at 22 pips
1st target at 30 pips
S/L at 22 pips
1st target at 30 pips
closed half AUD/USD at B/E, now risking only 0.25%
....
Now reentered AUD/USD, risking 0.50%, average fill price is 0.9358
....
Now reentered AUD/USD, risking 0.50%, average fill price is 0.9358
AUD/CAD long from 0.9621
stop at 0.9602
first target at 9643
Risking 0.75%
stop at 0.9602
first target at 9643
Risking 0.75%
Closed AUD/USD, 0.9359
basically scratch trade.
basically scratch trade.
Took loss on USD/CAD, 1%.
AUD/CAD hit first target, and I took 2/3 of the position off.
Still have 1/3 left, stop moved to B/E + 2 pips. Letting the final position
run to 0.9690.
Total for the day = 1.3% Loss
If it hits, I will end up with about a 0.5% loss
First losing day since starting this Journal... of course, no one wants a losing day...but still up 1.7% for the week, and that is on the tail of two profitable weeks, which puts me up over 13% for the month so far.
We will see how it goes tomorrow!
Greg
AUD/CAD hit first target, and I took 2/3 of the position off.
Still have 1/3 left, stop moved to B/E + 2 pips. Letting the final position
run to 0.9690.
Total for the day = 1.3% Loss
If it hits, I will end up with about a 0.5% loss
First losing day since starting this Journal... of course, no one wants a losing day...but still up 1.7% for the week, and that is on the tail of two profitable weeks, which puts me up over 13% for the month so far.
We will see how it goes tomorrow!
Greg
Correction: up over 14% for the month
Short EUR/AUD from 1.3909
Risking 0.5%
stop at 1.3933
1st target at 1.3885
Risking 0.5%
stop at 1.3933
1st target at 1.3885
Long gbp/USD from 1.5592
risking 0.50%
stop at 1.5572
Target at 1.5620
risking 0.50%
stop at 1.5572
Target at 1.5620
Closed EUR/AUD for a 2 pip loss, basically a scratch trade... about 0.03%