Update on EUR/USD Short

Stop loss was triggered.  Details below:




Aug 12, 2014, Shorted 2 units of EUR/USD @ 1.3360

Associated Orders:  TP=1.330, SL= 1.339

Potential Gain:  66 pips (2 units, 33 pips each)

Risk:  48 pips (2 units, 24 pips each)

CLOSED: @ 1.339, Stop Loss Triggered, 66 pip loss, (33 pips X 2 units)

Notes:  price fell away at just over 1.34, heading to long-term support.

Source:  Solo, corroborated by Daily and Weekly FX Focus

Aug 7, 2014 @ 12:53pm

• Shorted AUD/USD @ 0.92718
• Associated Orders:  TP=092218, SL=0.9324
• Potential Gain:  52 pips
• Risk:  52 pips

For more information on this trade see Jarratt at the Forex Peace Army


Performance Summary:
Today:  -66 pips
This month: -86 pips
Cumulative (since June 23, 2104):  -6 pips

Portfolio: 

Aug 7, 2014 Shorted AUD/USD @ 0.92718

• Associated Orders:  TP=092218, SL=0.9324
• Potential Gain:  52 pips
• Risk:  52 pips

Aug 6, 2014, Shorted NZD/USD, 2014 @ 0.8449

Associated Orders:  TP=0.841, SL= 0.84999

Potential Gain:  45 pips

Risk:  44 pips

Aug 6, 2014, Shorted EUR/USD July 28 @ 1.33689

Associated Orders:  TP=1.33148, SL= 1.34

Potential Gain:  

Risk:  

Open Orders:

NO OPEN ORDERS


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

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.

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.

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.

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.

EUR/USD Position Closed in Profit

My EUR/USD position was closed at $1.3319 for a 6 pip profit. 

For more information on this intra-day trade, please see Trading Central, or access it for free on the forex.com trading platform.

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.

EUR/USD Intra-Day Position Opened

I bought EUR/USD at $1.33185, stop loss is placed at $1.33044 and limit order is placed at $1.33446. 

For more information on this trade, please see the Trading Central Daily Analysis available by subscription or for free on the Forex.com trading platform.

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.

EUR/USD Intra-Day Position Stopped Out Yesterday

My EUR/USD position stopped out yesterday for a loss of 30 pips.

I will continue to post which trades are intra-day, which stray from my usual short term trades so those who have preference about whether they hold trades for a few hours or a few days can focus on the ones they are interested in.

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.

EUR/USD Intraday Trade Opened

I have gone long with a EUR/USD position.  I bought it at $1.3394, set my Stop Loss to $1.3364, and my take profit was set to $1.3424. 

At the moment the position is down approximately 8 pips.

If you would like more on the strategy behind this position I refer you to Trading Central, a free service for those trading with www.forex.com.


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.