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Tuesday, July 29, 2014

EUR/USD Closed for Profit-Taking, 22 Pips Banked

I closed my EUR/USD position short of it's target price for a 22 pip gain.  A summary of the trade is below.


July 28 to July 29


  • Shorted EUR/USD July 28 @ 1.3433
  • Associated Orders:  TP=1.34028, SL= 1.3455
  • Potential Gain:  30 pips
  • Risk:  20 pips
  • RESULT:  +22 pips (July 29th, close to target price, decided to take money off the table)
  • POSITION CLOSED


For more information about this trade, see Forex Focus Daily, corroborated by Forex Focus Weekly.


Performance Summary:
Today:  60 pips
This month:  20 pips
Cumulative (since June 23, 2104):  +80 pips

Portfolio: 

No Open Positions


Open Orders:



  • July 7, 2014, Order to Buy USD/CHF @0.88832, good until cancelled
  • Associated Orders:  Limit Order = 91.5, SL=0.882
  • Potential Gain:  267 pips
  • Risk:  63 pips
Disclaimer: 
Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

40 pip Gain on NZD/USD Short


Good Morning.


The limit order was triggered on my NZD/USD short position which I opened yesterday.  Below is a summary of the trade.


July 28 to July 29


  • Shorted NZD/USD July 28 @ 0.85456
  • Associated Orders:  TP=0.85057, SL= 0.8600
  • Potential Gain:  40 pips
  • Risk:  54 pips
  • RESULT:  +40 pips (July 29th, hit target price, limit order triggered)
  • POSITION CLOSED


For more information about this trade, see Jarrat from Forex Peace Army.


Performance Summary:
Today:  40 pips
This month:  0 pips
Cumulative (since June 23, 2104):  +60 pips

Portfolio: 

July 28, Short EUR/USD @ 1.3433, TP 1.3928 (30 pips), SL = 1.3455 (20 pips)


Open Orders:



  • July 7, 2014, Order to Buy USD/CHF @0.88832, good until cancelled
  • Associated Orders:  Limit Order = 91.5, SL=0.882
  • Potential Gain:  267 pips
  • Risk:  63 pips
Disclaimer: 
Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

Monday, July 28, 2014

Shorting EUR/USD

July 28, 2014, (3:00 pm)
  • Sold 1 unit of EUR/USD @ 1.3433
  • Associated Orders:  TP = 1.34028, SL= 1.3455
  • Potential Gain:  30 pips
  • Risk:  20 pips


For more information about this trade, see Forex Focus Daily.  Corroborated by Forex Focus Weekly.


Performance Summary:
Today:  0 pips
This month:  -40 pips
Cumulative (since June 23, 2104):  +20 pips

Portfolio: 

July 28, Short EUR/USD @ 1.3433, TP 1.3928 (30 pips), SL = 1.3455 (20 pips)
July 28, Short NZD/USD @ 0.85456, TP=0.85057 (40pips), SL= 0.860 (54 pips)


Open Orders:



  • July 7, 2014, Order to Buy USD/CHF @0.88832, good until cancelled
  • Associated Orders:  Limit Order = 91.5, SL=0.882
  • Potential Gain:  267 pips
  • Risk:  63 pips
Disclaimer: 
Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

Shorting NZD/USD

I just shorted the NZD/USD.  Details of my trade are below.


July 28, 2014, (2:40 pm)
  • Sold 1 unit of NZD/USD @ 0.85456
  • Associated Orders:  TP = 0.85057, SL= 0.860
  • Potential Gain:  40 pips
  • Risk:  54 pips


For more information about this trade, see Jarrat at the Forex Peace Army.


Performance Summary:
Today:  0 pips
This month:  -40 pips
Cumulative (since June 23, 2104):  +20 pips

Portfolio: 

July 28, Short NZD/USD @ 0.85456, TP=0.85057 (40pips), SL= 0.860 (54 pips)


Open Orders:



  • July 7, 2014, Order to Buy USD/CHF @0.88832, good until cancelled
  • Associated Orders:  Limit Order = 91.5, SL=0.882
  • Potential Gain:  267 pips
  • Risk:  63 pips
Disclaimer: 
Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

Thursday, July 10, 2014

Stop Loss Triggered on Short EUR/USD Position

Suffered a 30 pip loss for a stop loss order that was triggered yesterday on my short EUR/USD position.  Price has since fallen away, but risk management rules were followed which minimized exposure. 


Here are the details on the trade:


July 7, 2014

  • Short EUR/USD @ 1.36057, July 7
  • Limit Order = 1.35758, SL=1.36358
  • Potential Gain:  30 pips
  • Risk:  30 pips
  • Result:  -30 pips (July 9, 2014, BOUGHT @ 1.36358, stop loss order triggered, upside was expected to be limited and price has since fallen away, risk management was such that SL was placed slightly below the expected cap
  • POSITION NOW CLOSED


      For more information and analysis on this trade see Forex Focus Daily, and Forex Focus Weekly, available to clients with accounts with Forex.com.

      Performance Summary:
      Today:  -30 pips
      This month:  -40 pips
      Cumulative (since June 23, 2104):  +20 pips

      Portfolio: 

      No Open Positions
      Open Orders:


      • July 7, 2014, Order to Buy USD/CHF @0.88832, good until cancelled
      • Associated Orders:  Limit Order = 91.5, SL=0.882
      • Potential Gain:  267 pips
      • Risk:  63 pips
      Disclaimer: 
      Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

      Tuesday, July 8, 2014

      USD/JPY Positon Closed for 10 pip Loss

      My long USD/JPY position closed last night after the Stop Loss order was triggered for a 10 pip loss.  Details of the trade are below:


      July 7, 2014
      • Bought USD/JPY @ 101.844
      • Limit Order = 102.456, SL=101.756
      • Potential Gain:  60 pips
      • Risk:  10 pips
      • Result:  -10 pips (July 7, 2014 after market close,  SOLD @101.756, stop loss order  triggered)
      • POSITION NOW CLOSED
      For more information and analysis on this trade see Forex Focus Daily, and Forex Focus Weekly, available to clients with accounts with Forex.com.




        Performance Summary:
        Today:  -10 pips
        This month:  -10 pips
        Cumulative (since June 23, 2104):  +50 pips

        Portfolio: 

        Short EUR/USD @ 1.36057, July 7, 2014


      • Limit Order = 1.35758, SL=1.36358
      • Potential Gain:  30 pips
      • Risk:  30 pips




      • Open Orders:


        • July 7, 2014, Order to Buy USD/CHF @0.88832, good until cancelled
        • Associated Orders:  Limit Order = 91.5, SL=0.882
        • Potential Gain:  267 pips
        • Risk:  63 pips

        Disclaimer: 
        Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

        Monday, July 7, 2014

        Placing an Order to Buy USD/CHF

        I have placed an order (Good Until Cancelled) to buy USD/CHF.  Details below:


        July 7, 2014, @1pm
        • Order to Buy USD?CHF @0.88832
        • Associated Orders:  Limit Order = 91.5, SL=0.882
        • Potential Gain:  267 pips
        • Risk:  63 pips


        For more information and analysis on this trade see Forex Focus Weekly, available to clients with accounts with Forex.com.


        Performance Summary:
        Today:  0 pips
        This month:  0 pips
        Cumulative (since June 23, 2104):  +60 pips


        Portfolio: 

        Short EUR/USD @ 1.36057, July 7, 2014
        Long USD/JPY @ 101.844 July 7, 2014


        Disclaimer: 
        Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

        Shorting EUR/USD

        I have taken a short position with the EUR/USD.  Details below:


        July 7, 2014, @ 12:41pm
        • Shorted EUR/USD @ 1.36057
        • Limit Order = 1.35758, SL=1.36358
        • Potential Gain:  30 pips
        • Risk:  30 pips


        For more information and analysis on this trade see Forex Focus Daily, and Forex Focus Weekly, available to clients with accounts with Forex.com.


        Performance Summary:
        Today:  0 pips
        This month:  0 pips
        Cumulative (since June 23, 2104):  +60 pips


        Portfolio: 

        Short EUR/USD @ 1.36057, July 7, 2014
        Long USD/JPY @ 101.844 July 7, 2014


        Disclaimer: 
        Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

        Going Long with USD/JPY

        I bought the USD/JPY pair about 1 hour ago.  Here are the details:


        July 7, 2014, @ 12:33pmm
        • Bought USD/JPY @ 101.844
        • Limit Order = 102.456, SL=101.756
        • Potential Gain:  60 pips
        • Risk:  10 pips


        For more information and analysis on this trade see Forex Focus Daily, and Forex Focus Weekly, available to clients with accounts with Forex.com.


        Performance Summary:
        Today:  0 pips
        This month:  0 pips
        Cumulative (since June 23, 2104):  +60 pips


        Portfolio: 
        Long USD/JPY @ 101.844 July 7, 2014


        Disclaimer: 
        Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

        Sunday, July 6, 2014

        AUD/USD Limit Order Triggered for 80 pip Gain on Long Position

        Last week my AUD/USD position reached it's target price of 0..94996 resulting in a 80 pip gain.


        Here is the summary of the entire trade:


        June 23, 2014, @~11:20am
        • Bought AUD/USD @ 0.94174
        • Limit Order = 0.94996, SL=0.93496
        • Potential Gain:  80 pips
        • Risk:  70 pips
        • Result:  +80 pips (June ?, 2014, SOLD @0.94996, limit order triggered)]
        • POSITION NOW CLOSED
        For more information and analysis on this trade see FPA Jarred.


        Performance Summary:
        Today:  +80 pips
        This month:  +60 pips
        Cumulative (since June 23, 2104):  +60 pips


        Portfolio:
        No Open Positions.


        Disclaimer: 
        Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

        Stop Loss Triggered on Long USD/CAD Position, 30 pip Loss

        The USD lost strength again the CAD resulting in my long position to be closed out last week at a 30 pip loss.


        Summary of the full trade is as follows:


        June 25, 2014 @ ~10:50am
        • Bought USD/CAD @ $1.07237
        • Limit = 1.1045, Stop Loss = 1.069
        • Potential Gain: 321 pips
        • Risk: 30 pips
        • Result:  June ?, 2014, Sold @ 1.6069 for a 30 pip loss
        • POSITION NOW CLOSED
        For more information on this trade see Forex Focus Weekly available to clients with live accounts from forex.com.


        Summary:


        Today:  0 pips
        This month:  -20 pips
        Cumulative (since June 23, 2104):  -20 pips


        Open Positions:
        June 23, 2014, Long AUD/USD


        Disclaimer: 
        Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.