Archive for the Forex trading Category
The Daily FX website have a new Forex alerting service.. it's currently on a free trial. I can't personally recommend it as I've not tested it myself (I only heard about it today) but feel free to have a look.. in fact, let me know how you are finding it.
Go to http://www.fxcm.com/trading-signals.jsp and sign up.
They trade 3 strategies; breakout, range and momentum against all the currency pairs.
Looking down the Trade Details box, the P/L is currently showing: +108, -113, +701, +93,
September 6, 2008
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I made two trades the other day which worked nicely. I placed these trades on the 2nd September around 22.00 GMT.
I went long EUR/AUD at 17353 with a 100 point limit and a 50 point stop.
I also went short AUD/USD at 8366 with a 100 point limit and 50 point stop.
I woke up the following day, both targets hitting their limits and making me 200 points!! Hoorah!
September 4, 2008
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I made a series of trades with the new Forex system that I am trading...
The red and blue arrows on the charts are the automatic alerts which signal a long or short entry. I don't enter all of them due to my timing (it really depends what is forming and if I am about to actually take the trades).
Anyway, first off is NZD/USD:
Then, USD/JPY
And then GBP/JPY
And finally, GBP/USD
So, in total I did quite well with +114 profit.
August 28, 2008
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