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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.
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.
