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Wednesday, August 6, 2014

Shorting the NZD/USD

I have just taken a position shorting the NZD/USD.  Details of the trade and associated orders are outlined below.


Aug 56 2014  (@11:30am)
  • Shorted NZD/USD Aug. 6, 2014 @ 0.8449
  • Associated Orders:  TP=0.841, SL= 0.84999
  • Potential Gain:  45 pips
  • Risk:  44 pips

For more information about this trade, see Jarrat at the Forex Peace Army.

Performance Summary:
Today:  0 pips
This month:  0 pips
Cumulative (since June 23, 2104):  +80 pips

Portfolio: 

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 @ 1.33556
  • Associated Orders:  TP=1.33156, SL= 1.3585
  • Potential Gain:  40 pips
  • Risk:  20 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.

    Shorting EUR/USD

    I shorted the EUR/USD just before 11am this morning.  Details of the trade can be found below:




    Aug 5, 2014  (@10:57am)

    • Shorted EUR/USD July 28 @ 1.33556
    • Associated Orders:  TP=1.33156, SL= 1.3585
    • Potential Gain:  40 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:  0 pips
    Cumulative (since June 23, 2104):  +80 pips

    Portfolio: 

    Aug 6, 2014, Shorted EUR/USD July 28 @ 1.33556
  • Associated Orders:  TP=1.33156, SL= 1.3585
  • Potential Gain:  40 pips
  • Risk:  20 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.

    Tuesday, July 29, 2014

    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.

    40 pip Gain on NZD/USD Short


    Good Morning.


    The limit order was triggered on my NZD/USD short position which I opened yesterday.  Below is a summary of the trade.


    July 28 to July 29


    • Shorted NZD/USD July 28 @ 0.85456
    • Associated Orders:  TP=0.85057, SL= 0.8600
    • Potential Gain:  40 pips
    • Risk:  54 pips
    • RESULT:  +40 pips (July 29th, hit target price, limit order triggered)
    • POSITION CLOSED


    For more information about this trade, see Jarrat from Forex Peace Army.


    Performance Summary:
    Today:  40 pips
    This month:  0 pips
    Cumulative (since June 23, 2104):  +60 pips

    Portfolio: 

    July 28, Short EUR/USD @ 1.3433, TP 1.3928 (30 pips), SL = 1.3455 (20 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.

    Monday, July 28, 2014

    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.

    Shorting NZD/USD

    I just shorted the NZD/USD.  Details of my trade are below.


    July 28, 2014, (2:40 pm)
    • Sold 1 unit of NZD/USD @ 0.85456
    • Associated Orders:  TP = 0.85057, SL= 0.860
    • Potential Gain:  40 pips
    • Risk:  54 pips


    For more information about this trade, see Jarrat at the Forex Peace Army.


    Performance Summary:
    Today:  0 pips
    This month:  -40 pips
    Cumulative (since June 23, 2104):  +20 pips

    Portfolio: 

    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.

    Thursday, July 10, 2014

    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.

        Tuesday, July 8, 2014

        USD/JPY Positon Closed for 10 pip Loss

        My long USD/JPY position closed last night after the Stop Loss order was triggered for a 10 pip loss.  Details of the trade are below:


        July 7, 2014
        • Bought USD/JPY @ 101.844
        • Limit Order = 102.456, SL=101.756
        • Potential Gain:  60 pips
        • Risk:  10 pips
        • Result:  -10 pips (July 7, 2014 after market close,  SOLD @101.756, stop loss order  triggered)
        • 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:  -10 pips
          This month:  -10 pips
          Cumulative (since June 23, 2104):  +50 pips

          Portfolio: 

          Short EUR/USD @ 1.36057, July 7, 2014


        • Limit Order = 1.35758, SL=1.36358
        • Potential Gain:  30 pips
        • Risk:  30 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.

          Monday, July 7, 2014

          Placing an Order to Buy USD/CHF

          I have placed an order (Good Until Cancelled) to buy USD/CHF.  Details below:


          July 7, 2014, @1pm
          • Order to Buy USD?CHF @0.88832
          • Associated Orders:  Limit Order = 91.5, SL=0.882
          • Potential Gain:  267 pips
          • Risk:  63 pips


          For more information and analysis on this trade see 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.

          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.