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.

Shorted Crude Oil for a 94 pip Gain

Last night I shorted oil at $97.35.  I just closed my position at 96.36 for a 94 pip gain. 

This was a trade I took as a result of my own analysis (week 2 or 3 of a 3 to 4 week continuation of down trend, and the Oil Forecast, as well as current price).



Cheers.



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.

Long USD/JPY Trade Opened

I opened a long position, currency pair USD/JPY at $104.359.  I have set my stop loss just below recent lows at $103.868, and my take profit level is just above $105.  For more information on this trade, see the entry posted on the Forex Peace Army blog (free). 


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.

Long Oil Position Opened and Closed

I opened a long position in oil earlier Monday morning at a price of $92.20.  I sold it yesterday at $93.90, a 170 pip gain. 


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.

Short S&P500 Position Opened

I have opened an S&P500 short position at 1646.74.  My stop loss order is 1650.84, and my limit order for taking profit is set at 1628.08.

I will post any adjustments I make to my orders. 

If you are interested in finding out more about this trade please feel free to subscribe to the alert service available at TheGold&OilGuy. 


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.

Short Gold Position Opened and Closed

I shorted gold at $1382.39, placed my stop loss at $1385.64 and my limit order at $1344.36.  The volatile market stopped me out for a 370 pip loss.

For more information about this trade see Gold&Oil Guy Analysis.

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 the S&P500

I have shorted the S&P 500 at 1645.86, set my stop order at 1648.74, and my limit order at 1627.69.  For more information on this trade, please see TheGold&OilGuy. 


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.