Closed GBP/USD

Closed the position at a 4 pip loss.


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.

Opening an Intra-Day GBP/USD Position

I bought GBP/USD at $1.55084.  My stop loss is set at $1.54778, and target price for taking profit is set at $1.55430.

Likely another quick one this am.

For more information on this trade see Trading Central available by subscription or available 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 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.

Closed GBP/USD for Profit

I closed my position for a quick 6.5 pip profit. 

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.

GBP/USD Intra-Day Trade Opened

I just went short on the GBP/USD @ $1.554.

My stop loss is set at $1.557, and I am targeting $1.551.

I will be monitoring closely for a potentially quick trade.

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.

Closing GPB/USD Short Position

I have closed the GBP/USD position with a 2.5 pip profit because it is failing to make lower lows.

Good Day Traders.

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.

GBP/USD Intra-day Trade Opened

I just shorted GPB/USD @ $1.559, set my stop to $1.562 and my take profit price to $1.556.

If you would like more information on this trade, they can be viewed for free by those who have a trading account with www.forex.com  and use the ForexTraderPro trading platform.  It is located under the "Research and Ideas" tab, ForexFocus icon, and is detailed on the "Daily" report.


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.