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Tag Archives: trades

Some Nice Moves Yesterday And Today Producing Some Nice Trades

Here is a trading update from yesterday and today.

After a pretty quiet start to the week we had some nice moves yesterday and today, which produced some nice price action and some good trades.

Yesterday we took 3 trades.

First trade was Cable short at 16014 down to 15975 for 39 pips.
We then took AUD JPY long at 85.41 up to 85.61 for 20 pips. We don’t normally trade this pair but i was just flicking through the charts and i saw the set up so i took it. Pips are pips at the end of the day no matter how you get them they all add up. 🙂

Third trade of the day was Cable long at 15965 up to 15996 for 31 pips.
We could have taken a similar trade on the Euro but the set up was not as good so we decided on Cable.

Today we took 3 trades.

Euro short at 12992 down to 12945 for 47 pips.
We also took Cable short at 16048 down to 16016 for 32 pips.
We also took AUD long at 10429 up to 10439 for 10 pips.

I will give you a little trade for later today, or early tomorrow if it hits. AUD long at 10388. I have set a limit order at that level to buy AUD. As i am more than likely going to be asleep when this hits, and i will not be able to manage it, i am setting a 20 pips take profit on the trade. This should be a nice start to the day.

Friday Trading. Dollar Weakness Sees Cable And Euro Rally.

Dollar weakened significantly yesterday which saw Euro and AUD rally, and Cable made a significant and aggressive move to the upside yesterday afternoon.

We took 4 trades yesterday first trade of the day was AUD short at 10415 down to 10395 for 20 pips.
Next trade was Cable long at 15930 up to 15875 for 45 pips. I would like to say that we held Cable all the way up to the highs but unfortunately that was not the case. The Cable move was completely out of the blue and was obviously bulled by stops getting hit. There was pretty low volume yesterday because of the holidays so the move up caught everyone out.

We did add a couple of short positions to Euro and Cable at the highs. We closed out one Euro trade for 9 pips profit, and a Cable trade for 12 pips profit.

We still have 2 trades that are being rolled over as they are slightly out of the money, but we should see them come back into a nice profit early next week. I may add to these positions on Monday if we get another move up, as i think the Euro and Cable are due a retrace next week.

Total trades for the week are 10, total profit 269 pips. Not as good as last week, but still OK. 🙂

I Love Price Action Trading. 90 Pips Profit Today. :-)

Quick update on the trades we have taken since Monday.

Tuesday we did not get a good trading opportunity so we did not trade. Unusual for a Tuesday, but if the trades are not there we do not trade.

Yesterday we took AUD short at 10373 down to 10347 for 26 pips.

Today we took Euro long at 12840 up to 12888 for 47 pips.

We also took EJ short at 10648 down to 10626 for 22 pips.

We also took Euro short at 12888 down to 12868 20 pips.

Decent day today. The price action has been good today. Hoping for more tomorrow, but its thanksgiving holiday in the US so markets may be a little quiet.

Trading Update. Markets Moving Nicely Yesterday

We had a great trading day yesterday. The markets finally woke up after a few days of not doing much at all.

First trade of the day was Cable short at 15891 down to 15818 for 33 pips. This was a classic high probability set up for the way we trade. I love these set ups.

Second trade was Euro long at 12725 up to 12748 for 23 pips.
Third trade was Euro short at 12745 down to 12692 for 53 pips.
Fourth trade was Cable short 15887 down to 15850 for 37 pips.
Fifth trade was Euro long at 12692 up to 12731 for 39 pips.
Sixth trade was Cable long at 15835 up to 15884 for 49 pips.
Seventh trade of the day was AUD long at 10292 up to 10327 for 35 pips.

We have not had 7 trades in a day for a while. So i am very happy with a great end to the week.

Total trades for the week 15, total pips 513. Best week for a while. 513 pips profit for the week from 4 currency pairs is very good trading in my book. Very happy. 🙂

If you want to learn my method please contact me a rob@tradeforexmakemoney.co.uk

Have a great weekend.