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Tag Archives: trades

3 Trades Today. 105 Pips Profit.

Funny old day today. Not much happening at all until around 5pm UK time and then the sell off began. I said earlier in the week that i would be looking for shorts this week as i thought the expected QE would not happen, and the word on the street today is that its not going to happen tomorrow, if at all. So i am expecting another sell off again tomorrow.

Our first trade was a Euro short entry at 12555, we closed that out at 12490 for 65 pips. Our second trade of the day was an AUD long trade. Our entry was at 10281 and our exit was at 10301 for 20 pips. Out third trade was cable long at 15772 and we closed that at 15792 for 20 pips profit on that one also.

So 3 trades today, all winners and 105 pips profit. A nice days trading today. We waited a long time for the move, but when it came we took advantage of it. If the market does not move, we cant make any money i am afraid.

This is how we trade, if the market is not moving you just sit and wait. My high probability Forex strategy teaches you to be patient and only trade when the odds are in your favor. If you want to learn how to trade this way, please check out my Forex training and mentoring program.

I am expecting a volatile afternoon tomorrow, and i hope we can get some good trades. What started off as a pretty low key week could turn into a nice little earner. If you are trading tomorrow, please be careful and tighten up your stops, as we could see some fireworks. I doubt i will be trading until after the news tomorrow afternoon. Have a great trading day everyone.

Two Trades Today 39 Pips.

Another pretty quiet day today, looks like everyone is waiting for the Fed on Friday. Managed to get a few small trades though. AUD long at 10357 out at 10380 for 23 pips. Euro short at 12543 closed at 12527 for 16 pips. Its very hard this week, as the market is so quiet. Hopefully we will be back to normal once Friday is out of the way.

Thursday is usually a decent trading day, so i am hoping for a nice trade tomorrow. We are just ticking over at the moment and banking pips as and when we can. You cant afford to be greedy at the moment with such thin liquidity, and any bit of news is moving the market. We don’t want to get caught on the wrong side of some news.

If you are trading tomorrow, have a great day. 🙂

Bank Holiday Trading.

The UK bank holiday did not fail to disappoint, the markets were very quiet today. This trading week is generally the quietest week other than Christmas week. No trades for us today so far, but hopefully we will see some action tomorrow. If you are trading today best of luck. 🙂

Yesterdays Trade EJ Long 48 pips.

This was a breakout trade pure and simple.

I don’t usually take breakout trades but this one was too good to resist. EJ had been threatening to go to 9900 for a few days in my opinion, and with the YEN very overvalued at present i decided to take the trade.

I entered at 9850, and closed at 9898.

I also took a couple of shorts on Euro at 12772 and 12474, closed both at 12557 for 32 pips combined.

Have a great trading day. 🙂