You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
FXjake's Free Pips
- Thread starter FXjake
- Start date
Quote from FXjake:
I have a few pairs that I am looking at for entries during the European session tonight.
Both EUR/AUD and GBP/CHF look ripe for a trade, I will post when I enter the trades.
Have not sold EUR/AUD yet.
Bought GBP/CHF at 1.7635
Stop at 1.7377
Probably at least to 1.7720 or so, will move s/l to b/e at 1.7720
Attachments
Quote from FXjake:
Have not sold EUR/AUD yet.
Bought GBP/CHF at 1.7635
Stop at 1.7377
Probably at least to 1.7720 or so, will move s/l to b/e at 1.7720
Unfortunately the EUR/AUD never really offered a good retracement to jump in at last night. It would be up over 200 pips now, though. A great setup.
The GBP/CHF was a nice one too. This one is up over 100 pips. I am going to look to take some profits here and then move the stop to +10 pips, to see how high it can go.
1.7850 may be a barrier for this pair.
Attachments
Quote from FXjake:
Unfortunately the EUR/AUD never really offered a good retracement to jump in at last night. It would be up over 200 pips now, though. A great setup.
The GBP/CHF was a nice one too. This one is up over 100 pips. I am going to look to take some profits here and then move the stop to +10 pips, to see how high it can go.
1.7850 may be a barrier for this pair.
Out with 90 pips on the last lot. This is going down, the big bearish candle is our "hint" here, this pair is going to fall......
Attachments
Quote from FXjake:
Will sell the USDJPY. The higher I can get it, the better. I will stick my stop up at 94.85 and try to get a few positions at a high price during European session. I may take a few positions now, though.
Happy Trading!
sold at 94.08
stop at 94.85
target 1 93.00
target 2 91.20
Attachments
Quote from FXjake:
sold at 94.08
stop at 94.85
target 1 93.00
target 2 91.20
This has gone about 90 pips in the expected direction. I have moved the stop down 100 pips to lock in +23 pips profit on this trade.
Hope you all are making some pips!
Attachments
Quote from FXjake:
This has gone about 90 pips in the expected direction. I have moved the stop down 100 pips to lock in +23 pips profit on this trade.
Hope you all are making some pips!
The stop was hit during the NY session, this trade was closed at +23 pips.
Attachments
Quote from FXSnipe:
FXjake
These are impressive results, I have only been trading FX for 4 yours with mixed results but still working on ti. Any method you use to determine buy or sell levels? or its all discretionary and naked chart reading?
Hi FXSnipe-
Welcome to the journal.
I really do one thing, and I try to do it on as many currencies as I can follow, which is currently 23.
I wait for price to approach one of my support/resistance zones. Once price approaches a zone from below and then touches it I wait for weakness, then I sell. If price approaches one of these zones from above and then touches the zone and shows strength then I buy.