Going Long with the USD/CAD

This morning I opened a long USD/CAD position.  Here are the details:


June 25, 2014 @ ~10:50am

• Bought USD/CAD @ $1.07237
• Limit = 1.1045, Stop Loss = 1.069
• Potential Gain: 321 pips
• Risk: 30 pips

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:  + 10 pips
Cumulative (since June 23, 2104):  +10 pips


Open Positions:
June 25, 2014, Long USD/CAD
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.

Closed GBP/USD for 10 pip Gain

I closed my GBP/USD position.  Here are the details:


June 23, 2014 @~3:00pm

• Summary:  Closed GBP/USD @ 1.70224, 10 pip gain
• History: Bought at 1.70084, on June 23 @ ~11am. 
• Plan:  TP=1.70415, SL=1.69615, Potential Gain: 30 pips, Potential Loss: 50 pips.
• Notes:  Closed order at a profit but before target.  Intra-day trade only. 

Portfolio Summary:


Today:
+10 pips


Since June 23, 2014:
+10 pips

Long AUD/USD Position Opened

I opened up a long AUD/USD position.  Here are the details:


June 23, 2014, @~11:20am

• Bought AUD/USD @ 0.94174, TP=0.94996, SL=0.93496
• Potential Gain:  80 pips
• Potential Loss:  70 pips

For more information and analysis on this trade see FPA Jarred.

GBP/USD: Long Position Opened

Bought GBP/USD.  Here are the position details:

June 23, 2014, @~11.20am

• GBP/USD, Bought, @1.70084, TP=1.70415, SL=1.69615
• Potential Gain:  30 pips
• Potential Loss:  50 pips

For more information and further analysis on this trade please visit the Forex Focus Daily and Forex Focus Weekly available at Forex.com.