25 trades were executed: 18 winning trades, 7 losing trades (72% success rate).
1. EURUSD: 65 Pips Profit
I closed my position at 1.2636, 65 pips profit.
Original trade:
Shorted EURUSD at 1.2701
Stop level at 1.2830
Target level at 1.2574
2. AUDUSD: 27 Pips Profit
I had closed my position at 0.6456, profit is 27 pips.
Original trade:
Shorted AUDUSD at 0.6483
Stop level at 0.6550
Target level at 0.6407
3. EURUSD: 64 Pips Profit
I closed my position at 1.2664, 64 pips profit.
Original trade:
Bought EURUSD at 1.2600
Stop level at 1.2500
Target level at 1.2700
4. USDCAD: 43 Pips Profit
I closed my position at 1.2551, 43 pips profit.
Original trade:
Shorted USDCAD at 1.2594
Stop level at 1.679
Target level at 1.2509
5. AUDUSD: 26 Pips Profit
I had closed my position at 0.6404, 26 pips profit.
Original trade:
Bought AUDUSD at 0.6378
Stop level at 0.6330
Target level at 0.6473
6. USDCAD: 54 Pips Loss
Stop triggered, 54 pips loss.
Original trade:
Shorted USDCAD at 1.2566
Stop level at 1.2620
Target level at 1.2469
7. USDCAD: 57 Pips Loss
I cut loss my position at 1.2603, 57 pips loss.
Original trade:
Shorted USDCAD at 1.2546
Stop level at 1.2608
Target level at 1.2468
8. AUDUSD: 68 Pips Loss
I had cut loss my position at 0.6383, 68 pips loss.
Original trade:
Bought AUDUSD at 0.6451
Stop level at 0.6380
Target level at 0.6544
9. EURUSD: 33 Pips Profit
I closed my position at 1.2793, 33 pips profit.
Original trade:
Bought EURUSD at 1.2760
Stop level at 1.2670
Target level at 1.2856
10. AUDUSD: 33 Pips Profit
I closed my position at 0.6538, 33 pips profit.
Original trade:
Shorted AUDUSD at 0.6571
Stop level at 0.6665
Target level at 0.6500
11. AUDUSD: 52 Pips Profit
I took profit at 0.6515, 52 pips profit.
Original trade:
Bought AUDUSD at 0.6463
Stop level at 0.6370
Target level at 0.6558
12. USDCAD: 70 Pips Profit
I closed my position at 1.2429, profit is 70 pips.
Original trade:
Shorted USDCAD at 1.2499
Stop level at 1.2584
Target level at 1.2404
13. USDCHF: 43 Pips Profit
I closed my position at 1.1573, 43 pips profit.
Original trade:
Bought USDCHF at 1.1530
Stop level at 1.1450
Target level at 1.1618
14. AUDUSD: 44 Pips Loss
I had cut loss my position at 0.6836, 44 pips loss.
Original trade:
Shorted AUDUSD at 0.6792
Stop level at 0.6860
Target level at 0.6712
15. USDCHF: 42 Pips Profit
I closed my position at 1.1659, 42 pips profit.
Original trade:
Bought USDCHF at 1.1617
Stop level at 1.1560
Target level at 1.1683
16. USDCHF: 7 Pips Profit
I closed off my position at 1.1677, 7 pips profit. I do not want to hold any open position across the weekend.
Original trade:
Shorted USDCHF at 1.1684
Stop level at 1.1770
Target level at 1.1592
17. USDCAD: 97 Pips Profit
I closed my position at 1.2381, 97 pips profit.
Original trade:
Shorted USDCAD at 1.2478
Stop level at 1.2580
Target level at 1.2372
18. AUDUSD: 8 Pips Loss
I cut loss on my position at 0.6508.
Original trade:
Shorted AUDUSD at 0.6500
Stop level at 0.6600
Target level at 0.6400
19. USDCAD: 70 Pips Profit
I close my position at 1.2330, 70 pips profit.
Original trade:
Bought USDCAD at 1.2260
Stop level at 1.2180
Target level at 1.2354
20. EURUSD: 32 Pips Profit
I had closed my position at 1.2867, 32 pips profit.
Today ECB is going to announce interest rate decision so I do not want to hold my position till then.
Original trade:
Bought EURUSD at 1.2835
Stop level at 1.2680
Target level at 1.3000
21. USDCAD: 97 Pips Profit
Target level reached, 97 pips profit.
Original trade:
Bought USDCAD at 1.2258
Stop level at 1.2180
Target level at 1.2355
22. EURUSD: 43 Pips Profit
I closed my position at 1.2875, 53 pips profit.
Original trade:
Shorted EURUSD at 1.2928
Stop level at 1.3011
Target level at 1.2850
23. EURUSD: 66 Pips Profit
I closed my position at 1.3027, 66 pips profit.
Original trade:
Shorted EURUSD at 1.3030
Stop level at 1.3150
Target level at 1.2909
24. EURUSD: 87 Pips Loss
I cut loss on my position at 1.2713, 87 pips loss.
US Dollar strength persists.
Original trade:
Bought EURUSD at 1.2800
Stop level at 1.2700
Target level at 1.2900
25. AUDUSD: 67 Pips Loss
I cut loss on my position at 0.6306.
US dollar strength persists.
Original trade:
Bought AUDUSD at 0.6373
Stop level at 0.6300
Target level at 0.6470
All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by tapping on this trading system, open a standard account by clicking on this link and send an email to me at atraderx@gmail.com.
Risk Disclosure:
For every trade, do not risk more than 2 percent of the balance margin. This is computed by dividing the stop loss for the trade with the balance margin.
Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.
Disclaimer:
The service is offered as an opinion on the current state of the market but not recommendations. The information provided should not be relied on as a substitute for extensive independent research before making your trading/investment decisions. We are merely providing this service for your general information. No representation is being made that any view or opinion will guarantee profits or not result in losses from trading. In addition any projections or views of the market provided may not prove to be accurate
Feb. 19 (Bloomberg) -- The euro rose from near a three- month low against the dollar on speculation German Chancellor Angela Merkel will signal Europe's largest economy plans to take action to help avert the financial turmoil in the region.
The euro snapped three days of losses against the dollar after Finance Minister Peer Steinbrueck said yesterday Germany would show its "ability to act" as some of the 16 countries that share the currency are getting into difficulties. Merkel will hold a joint press conference with European Commission President Jose Barroso in Berlin today.
"Eurozone countries have started to recognize the importance of the financial system and begun to address it properly," said Akio Yoshino, chief economist at Societe Generale Asset Management Ltd. in Tokyo. "Optimism about the stabilization of the European financial system may help to halt the recent steep decline of the euro."
The euro climbed to $1.2582 as of 11:40 a.m. in Tokyo from $1.2530 late in New York yesterday, when it touched $1.2513, the lowest level since Nov. 21. Europe's single currency advanced to 117.81 yen from 117.50 yen. The dollar traded at 93.64 yen from 93.79 yen yesterday, when it reached 93.96, the highest level since Jan. 7.
Merkel's Cabinet also approved yesterday a draft bill allowing the state to take control of property lender Hypo Real Estate Holding AG, paving the way for the first German bank nationalization since the 1930s. The bill, which will be put to parliament on April 3, allows the government to carry out compulsory purchases of shares in "systemically relevant" banks.
"This is an appropriate response when it comes to resolving the banking system problem," SG's Yoshino said.
Bank Results
Gains in the euro may be tempered by concern European companies will report steeper-than-expected losses stemming from the global financial turmoil.
Axa SA, Europe's second-largest insurer, will probably report today a net loss of 1.76 billion euros ($2.21 billion), according to a Bloomberg News survey of analysts, down from a year-earlier profit of 2.49 billion euros, as slumping stock markets eroded the value of the company's investments.
BNP Paribas SA, France's largest bank by market value, will today likely post a loss of 1.36 billion euros, and Deutsche Postbank AG, Germany's biggest consumer bank by clients, may report a quarterly loss because of credit-related writedowns, according to separate Bloomberg surveys.
'Be Alert'
"We also need to be alert to the ongoing quarterly results of European financial institutions," said Minoru Shioiri, senior foreign-exchange dealer in Tokyo at Mitsubishi UFJ Securities Co., an unit of Japan's biggest banking group "These reports may revive concerns about the depth of the problem in the financial system."
Demand for the dollar was tempered on speculation the nation's largest automakers will fail unless they get increased government aid.
General Motors Corp. and Chrysler LLC, which are seeking as much as $21.6 billion in additional federal assistance, have a 70 percent likelihood of filing for bankruptcy, Moody's Investors Service said yesterday. GM and Chrysler met a deadline yesterday requiring they show progress in revamping operations with $17.4 billion in loans granted so far.
"The uncertainties about the big three automakers may weigh on the upside of the dollar," said Takashi Kudo, director of foreign-exchange sales in Tokyo at NTT SmartTrade Inc., a unit of Nippon Telegraph and Telephone Corp. "If a Chapter 11 filing happens, the initial reaction should be a sell-off of the dollar."
The Bank of Japan may today unveil details of a plan to buy corporate debt and extend lending programs in place to prevent a shortage of credit from deepening the nation's recession, according to a Bloomberg News survey.
Governor Masaaki Shirakawa and his colleagues have said they want to lower companies' borrowing costs rather than trim the key interest rate, which is already close to zero. Policy makers will probably keep the overnight lending rate at 0.1 percent today, economists surveyed by Bloomberg News predict.
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I closed my position at 1.2664, 64 pips profit.
Original trade:
Bought EURUSD at 1.2600
Stop level at 1.2500
Target level at 1.2700
Risk Disclosure:
Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
I closed my position at 1.2551, 43 pips profit.
Original trade:
Shorted USDCAD at 1.2594
Stop level at 1.679
Target level at 1.2509
If you would like to know more about my system, send an email to me at atraderx@gmail.com.
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
Click here to open a forex account with only US$300 deposit.
I had closed my position at 0.6404, 26 pips profit.
Original trade:
Bought AUDUSD at 0.6378
Stop level at 0.6330
Target level at 0.6473
FX trading can be a source of alternative income for you and me. Click here to open a Standard FX trading account. If you need help in your trading, send an email to me at atraderx@gmail.com. This is better than paying few thousand dollars for trading seminars or signal subscription that do not produce good results.
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
Shorted USDCAD at 1.2594
Stop level at 1.679
Target level at 1.2509
Risk Disclosure:
Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
Bought AUDUSD at 0.6378
Stop level at 0.6330
Target level at 0.6473
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
If you have not traded forex before, click here to open a mini account. Minimum capital is only US$100.
Bought EURUSD at 1.2600
Stop level at 1.2500
Target level at 1.2700
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
Stop triggered, 54 pips loss.
Original trade:
Shorted USDCAD at 1.2566
Stop level at 1.2620
Target level at 1.2469
Risk Disclosure:
Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
I cut loss my position at 1.2603, 57 pips loss.
Original trade:
Shorted USDCAD at 1.2546
Stop level at 1.2608
Target level at 1.2468
I had cut loss my position at 0.6383, 68 pips loss.
Original trade:
Bought AUDUSD at 0.6451
Stop level at 0.6380
Target level at 0.6544
I closed my position at 1.2793, 33 pips profit.
Original trade:
Bought EURUSD at 1.2760
Stop level at 1.2670
Target level at 1.2856
All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by tapping on this trading system, open a standard account by clicking on this link and send an email to me at atraderx@gmail.com.
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
Bought EURUSD at 1.2760
Stop level at 1.2670
Target level at 1.2856
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
This trade was opened last Friday.
I closed my position at 0.6538, 33 pips profit.
Original trade:
Target level at 0.6500
If you would like to know more about my system, send an email to me at atraderx@gmail.com.
Shorted AUDUSD at 0.6571
Stop level at 0.6665
Target level at 0.6476
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
If you have not traded forex before, click here to open a mini account. Minimum capital is only US$100.
I took profit at 0.6515, 52 pips profit.
Original trade:
Bought AUDUSD at 0.6463
Stop level at 0.6370
Target level at 0.6558
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
If you want to go somewhere, it is best to find someone who has already been there." - Robert Kiyosaki
Bought AUDUSD at 0.6463
Stop level at 0.6370
Target level at 0.6558
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I closed my position at 1.2429, profit is 70 pips.
Original trade:
Shorted USDCAD at 1.2499
Stop level at 1.2584
Target level at 1.2404
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
The House version is smaller at $819 billion, and received no GOP support - every Republican representative voted against the bill. However, now Democrats and Republicans from both houses must get together and compromise on a final bill. They must move quickly in order to meet Obama's deadline of President's Day to sign the massive stimulus into law.
The Obama administration has been pushing for the stimulus, no one more forcefully than the President himself. He traveled to Ft. Meyers, Florida Tuesday in order to continue his public tour in support of the stimulus.
"The situation we face could not be more serious," Obama said. "We have inherited an economic crisis as deep and as dire as any since the Great Depression."
"I can tell you with complete confidence that a failure to act in the face of this crisis will bring only deepening disaster. Doing nothing is not an option," Obama added.
He noted that the "time for talking is over.and the time for action is now."
I closed my position at 1.1573, 43 pips profit.
Original trade:
Bought USDCHF at 1.1530
Stop level at 1.1450
Target level at 1.1618
If you do not have a forex trading account and want to try out forex trading, you can open a forex trading account with only minimum capital of US$100, click here to open.Once you master the art of forex trading, you do not have to worry about job insecurity in 2009, because you will be recession free.
"Never, never, never, never give up." - Winston Churchill
Bought USDCHF at 1.1530
Stop level at 1.1450
Target level at 1.1618
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
If you have not traded forex before, click here to open a mini account. Minimum capital is only US$100.
I had cut loss my position at 0.6836, 44 pips loss.
Original trade:
Shorted AUDUSD at 0.6792
Stop level at 0.6860
Target level at 0.6712
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
Shorted AUDUSD at 0.6792
Stop level at 0.6860
Target level at 0.6712
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I closed my position at 1.1659, 42 pips profit.
Original trade:
Bought USDCHF at 1.1617
Stop level at 1.1560
Target level at 1.1683
If you do not have a forex trading account and want to try out forex trading, you can open a forex trading account with only minimum capital of US$100, click here to open.
Once you master the art of forex trading, you do not have to worry about job insecurity in 2009, because you will be recession free.
"Never, never, never, never give up." - Winston Churchill
I closed my position at 1.1659, 42 pips profit.
Original trade:
Bought USDCHF at 1.1617
Stop level at 1.1560
Target level at 1.1683
If you do not have a forex trading account and want to try out forex trading, you can open a forex trading account with only minimum capital of US$100, click here to open.
Once you master the art of forex trading, you do not have to worry about job insecurity in 2009, because you will be recession free.
"Never, never, never, never give up." - Winston Churchill
Good support at 1.1580.
Proven indicator for USDCHF has signal buy.
Bought USDCHF at 1.1617
Stop level at 1.1560
Target level at 1.1683
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I closed off my position at 1.1677, 7 pips profit. I do not want to hold any open position across the weekend.
Original trade:
Shorted USDCHF at 1.1684
Stop level at 1.1770
Target level at 1.1592
All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by tapping on this trading system, open a standard account by clicking on this link and send an email to me at atraderx@gmail.com.
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
I closed my position at 1.2381, 97 pips profit.
Original trade:
Shorted USDCAD at 1.2478
Stop level at 1.2580
Target level at 1.2372
If you would like to know more about my system, send an email to me at atraderx@gmail.com.
I closed my position at 1.2381, 97 pips profit.
Original trade:
Shorted USDCAD at 1.2478
Stop level at 1.2580
Target level at 1.2372
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
If you have not traded forex before, click here to open a mini account. Minimum capital is only US$100.
Shorted USDCHF at 1.1684
Stop level at 1.1770
Target level at 1.1592
Shorted USDCAD at 1.2478
Stop level at 1.2580
Target level at 1.2372
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
Many signs that EURUSD is due for a big rally.
However US is going to announce Non-Farm payroll today I am not going to take any risk.
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I cut loss on my position at 0.6508.
Original trade:
Shorted AUDUSD at 0.6500
Stop level at 0.6600
Target level at 0.6400
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I close my position at 1.2330, 70 pips profit.
Original trade:
Bought USDCAD at 1.2260
Stop level at 1.2180
Target level at 1.2354
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
If you have not traded forex before, click here to open a mini account. Minimum capital is only US$100.
Bought USDCAD at 1.2260
Stop level at 1.2180
Target level at 1.2354
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
Bought USDCAD at 1.2260
Stop level at 1.2180
Target level at 1.2354
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
Good support at 1.2200
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
Shorted AUDUSD at 0.6500
Stop level at 0.6600
Target level at 0.6400
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
Good resistance at 0.6530
Stochastic has signal SELL for AUDUSD
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I had closed my position at 1.2867, 32 pips profit.
Today ECB is going to announce interest rate decision so I do not want to hold my position till then.
Original trade:
Bought EURUSD at 1.2835
Stop level at 1.2680
Target level at 1.3000
All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by tapping on this trading system, open a standard account by clicking on this link and send an email to me at atraderx@gmail.com.
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
Good support at 1.2800
Both Stochastic and MACD have signal BUY
Bought EURUSD at 1.2835
Stop level at 1.2680
Target level at 1.3000
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
Target level reached, 97 pips profit.
Original trade:
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
If you have not traded forex before, click here to open a mini account. Minimum capital is only US$100.
Good support at 1.2212
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I closed my position at 1.2875, 53 pips profit.
Original trade:
Shorted EURUSD at 1.2928
Stop level at 1.3011
Target level at 1.2850
All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by tapping on this trading system, open a standard account by clicking on this link and send an email to me at atraderx@gmail.com.
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
Neckline at 1.2950 broken hence a double top formed
MACD has continue to signal SELL
Shorted EURUSD at 1.2928
Stop level at 1.3011
Target level at 1.2850
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
I closed my position at 1.3027, 66 pips profit.
Original trade:
Shorted EURUSD at 1.3030
Stop level at 1.3150
Target level at 1.2909
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
If you have not traded forex before, click here to open a mini account. Minimum capital is only US$100.
EURUSD is trading in a downtrend on the 4 hourly chart
Stochastic has signal SELL
Shorted EURUSD at 1.3030
Stop level at 1.3150
Target level at 1.2909
All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me at atraderx@gmail.com.
The euro fell toward an eight-week low against the dollar before a report that may show retail sales slid for a seventh month, supporting the case for the European Central Bank to cut interest rates.
“While the ECB is widely expected to stand pat on interest rates this week, speculation about further rate cuts will persist, which will pose strenuous downside risk on the single currency,” said Osamu Takashima, chief analyst for global market sales and trading in Tokyo at Bank of Tokyo-Mitsubishi UFJ Ltd., a unit of Japan’s largest publicly listed lender.
To read full report, click here.
Yesterday I had mentioned in my article that EURUSD has further upside, at that time EURUSD was trading at 1.2814.
Currently EURUSD is trading at 1.2977. So EURUSD has risen 163 pips.
All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by tapping on this trading system, open a standard account by clicking on this link and send an email to me at atraderx@gmail.com.
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
Yesterday I had mentioned in my article that USDCAD is likely to fall further, at that time USDCAD was trading at 1.2412.
Currently USDCAD is trading at 1.2330. So USDCAD has fallen 82 pips.
If you would like to know more about my system, send an email to me at atraderx@gmail.com."
Proven indicators for USDCAD are stochastic and william.
Both indicators have signal SELL for USDCAD.
All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by tapping on this trading system, open a standard account by clicking on this link and send an email to me at atraderx@gmail.com.
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
Proven indicators for EURUSD are Stochastic and MACD.
Both indicators have signal buy for EURUSD.
Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.
If you have not traded forex before, click here to open a mini account. Minimum capital is only US$100.
The statistical office revised the rate for November from 7.8%. Economists had expected a rate of 7.9% for the month of December.
Compared with November 2008, the number of persons unemployed increased 230,000 in the Euro area.
Performance in January 2009:
Total loss is 317 pips.
Below are the trade details:
1. GBPUSD: 201 Pips Loss
Stop triggered, 201 pips loss.
Original trade:
Shorted GBPUSD at 1.4209
Stop level at 1.4410
Target level at 1.4017
2. GBPUSD: 85 Pips Loss
Stop triggered, 85 pips loss.
Original trade:
Shorted GBPUSD at 1.4077
Stop level at 1.4162
Target level at 1.3962
3. EURUSD: 98 Pips Profit
Target level reached, 98 pips profit.
Original trade:
Bought EURUSD at 1.3079
Stop level at 1.2995
Target level at 1.3177
4. AUDUSD: 29 Pips Loss
I closed my position at 0.6623, profit is 29 pips.
Original trade:
Shorted AUDUSD at 0.6594
Stop level at 0.6730
Target level at 0.6457
5. EURUSD: 41 Pips Profit
I closed off my position at 1.3120, 41 pips profit.
Original trade:
Shorted EURUSD at 1.3161
Stop level at 1.3357
Target level at 1.2968
6. EURUSD: 27 Pips Profit
I closed my position at 1.3293, 37 pips profit.
Original trade:
Bought EURUSD at 1.3258
Stop level at 1.3070
Target level at 1.3456
7. USDCHF: 16 Pips Profit
I closed my position at 1.1442, 16 pips profit.
Original trade:
Shorted USDCHF at 1.1458
Stop level at 1.1529
Target level at 1.1359
8. EURUSD: 16 Pips Profit
I closed my trade at 1.3153, 16 pips profit.
Original trade:
Bought EURUSD at 1.3137
Stop level at 1.3068
Target level at 1.3235
9. USDCHF: 38 Pips Profit
I had closed my trade at 1.1460, 38 pips profit.
Original trade:
Shorted USDCHF at 1.1498
Stop level at 1.1572
Target level at 1.1391
10. EURJPY: 68 Pips Profit
I closed my position at 116.75, 69 pips profit.
Original trade:
Bought EURJPY at 116.06
Stop level at 114.80
Target level at 117.24
11. EURUSD: 29 Pips Profit
I had closed my position at 0.9373, profit is 29 pips.
Original trade:
Shorted EURGBP 0.9402
Stop level at 0.9520
Target level at 0.9255
12. EURGBP: 106 Pips Loss
Stop triggered, loss is 106 pips.
Original trade:
Shorted EURGBP at 0.9407
Stop level at 0.9513
Target level at 0.9313
13. USDCAD: 100 Pips Loss
Stop triggered, 100 pips loss.
The next prominent support is at 1.1800.
I may attempt to short USDCAD due to breakout of 1.2370 support or attempts to buy USDCAD again at 1.1800.
Original trade:
Bought USDCAD at 1.2370
Stop level at 1.2270
Target level at 1.2500
14. AUDUSD: 56 Pips Profit
Target level reached at 0.6517, 56 pips profit.
Original trade:
Bought AUDUSD at 0.6461
Stop level at 0.6400
Target level at 0.6517
15. EURJPY: 83 Pips Loss
I cut loss at 116.43, 83 pips loss.
Original trade:
Bought EURJPY at 115.26
Stop level at 114.00
Profit level at 117.00
16. EURJPY: 67 Pips Profit
As EURJPY is rebounding, I closed off my position at 115.33, profit is 67 pips.
Original trade:
Shorted EURJPY at 116.00
Stop level at 117.00
Target level at 114.00
17. AUDUSD: 24 Pips Profit
AUDUSD does not look very strong today, so decide to close off my position first.
I closed off my position at 0.6524, profit is 24 pips.
Original trade:
Bought AUDUSD at 0.6500
Stop level at 0.6440
Target level at 0.6600
18. EURJPY: 94 Pips Profit
Target level reached, 94 pips profit.
Original trade:
Shorted EURJPY at 114.89
Stop level at 115.93
Target level at 113.95
19. EURJPY: 22 Pips Profit
I had closed off my position at 116.69, 22 pips profit.
Original trade:
Bought EURJPY at 116.47
Stop level at 115.20
Target level at 117.70
20. AUDUSD: 50 Pips Profit
I closed my position at 0.6550, profit is 50 pips.
Original trade:
Bought AUDUSD at 0.6500
Stop level at 0.6400
Target level at 0.6700
21. AUDUSD: 140 Pips Loss
Stop triggered, 140 pips loss.
Original trade:
Bought AUDUSD at 0.6630
Stop level at 0.6490
Target level at 0.6764
22. EURGBP: 19 Pips Profit
I closed my trade at 0.9272, profit is 19 pips.
Original trade:
Shorted EURGBP at 0.9291
Stop level at 0.9360
Target level at 0.9215
23. EURJPY: 12 Pips Profit
I closed my trade at 117.20, 12 pips profit.
Original trade:
Shorted EURJPY at 117.32
Stop level at 118.10
Target level at 116.33
24. USDCAD: 55 Pips Loss
I cut loss at 1.2620, 55 pips loss.
Original trade:
Shorted USDCAD at 1.2565
Stop level at 1.2638
Target level at 1.2478
25. GBPUSD: 14 Pips Profit
I closed my trade at 1.4051, 14 pips profit.
Original trade:
Shorted GBPUSD at 1.4065
Stop level at 1.4144
Target level at 1.3973
26. EURJPY: 11 Pips Profit
I closed my position at 117.28, profit is 11 pips.
Original trade:
Shorted EURJPY at 117.39
Stop level at 118.14
Target level at 116.45
27. EURGBP: 46 Pips Profit
I closed my position at 0.9164, 46 pips profit.
Original trade:
Bought EURGBP at 0.9118
Stop level at 0.9043
Target level at 0.9197
28. AUDUSD: 90 Pips Profit
I closed my position at 0.6690, profit is 90 pips.
Original trade:
Shorted AUDUSD at 0.6780
Stop level at 0.6950
Target level at 0.6614
29. EURUSD: 73 Pips Loss
Stop triggered, loss is 73 pips.
Original trade:
Bought EURUSD at 1.3338
Stop level at 1.3265
Target level at 1.3415
30. EURJPY: 77 Pips Loss
Stop triggered, loss is 77 pips.
Original trade:
Bought EURJPY at 121.32
Stop level at 120.55
Target level at 122.04
31. EURJPY: 155 Pips Loss
Stop triggered, loss is 155 pips.
Original trade:
Sell EURJPY at 119.45
Stop level at 121.00
Target level at 118.00
32. EURUSD: 31 Pips Profit
I took profit at 1.3236, profit is 31 pips.
Original trade:
Bought EURUSD at 1.3205
Stop level at 1.2980
Target level at 1.3425
33. EURJPY: 95 Pips Profit
I closed my position at 118.66, profit is 95 pips.
Original trade:
Bought EURJPY at 117.70
Stop level at 115.90
Target level at 119.43
34. AUDUSD: 105 Pips Loss
Stop is triggered, loss is 105 pips.
Original trade:
Shorted AUDUSD at 0.6555
Stop level at 0.6633
Target level at 0.6481
35. EURUSD: 94 Pips Loss
Stop triggered, loss is 94 pips.
Original trade:
Shorted EURUSD at 1.3069
Stop level at 1.3163
Target level at 1.2951
36. EURUSD: 75 Pips Loss
Stop triggered, loss is 75 pips.
Original trade:
Bought EURUSD at 1.3173
Stop level at 1.3098
Target level at 1.3258
37. EURGBP: 42 Pips Profit
I took profit at 0.9021, profit is 42 pips.
Original trade:
Bought EURGBP at 0.8979
Stop level at 0.8904
Target level at 0.9053
38. AUDUSD: 75 Pips Loss
Stop triggered, loss is 75 pips.
Original trade:
Shorted AUDUSD at 0.6572
Stop level at 0.6647
Target level at 0.6498
39. EURJPY: 78 Pips Loss
Stop is triggered, loss is 78 pips.
Original trade:
Shorted EURJPY at 116.89
Stop level at 117.67
Target level at 116.17
40. EURUSD: 70 Pips Loss
Stop triggered, loss is 70 pips.
Original trade:
Shorted EURUSD at 1.3119
Stop level at 1.3189
Target level at 1.3039
41. USDJPY: 14 Pips Profit
I closed my position at 89.44, profit is 14 pips.
Original trade:
Shorted USDJPY at 89.58
Stop level at 90.21
Target level at 88.83
42. AUDUSD: 15 Pips Profit
I closed my position at 0.6644, profit is 15 pips.
Original trade:
Shorted AUDUSD at 0.6659
Stop level at 0.6734
Target level at 0.6564
43. EURUSD: 48 Pips Profit
I closed my position at 1.3219, profit is 48 pips.
Original trade:
Shorted EURUSD at 1.3266
Stop level at 1.3340
Target level at 1.3171
44. AUDUSD: 20 Pips Profit
I closed my position at 0.6726, profit is 20 pips.
Original trade:
Shorted AUDUSD at 0.6747
Stop level at 0.6811
Target level at 0.6652
45. EURJPY: 30 Pips Profit
ECB President is going to speak at GMT1700 hours, so I decide to close my position first.
I closed my position at 117.97, profit is 30 pips.
Original trade:
Shorted EURJPY at 118.27
Stop level at 119.11
Target level at 117.59
46. EURJPY: 22 Pips Profit
I closed my position at 118.25, profit is 22 pips.
Original trade:
Shorted EURJPY at 118.47
Stop level at 119.23
Target level at 117.52
47. USDJPY: 61 Pips Profit
I took profit at 89.08, profit is 61 pips.
Original trade:
Shorted USDJPY at 89.69
Stop level at 90.33
Target level at 89.02
48. USDCHF: 75 Pips Profit
I close my position at 1.1145, profit is 75 pips.
Original trade:
Shorted USDCHF at 1.1220
Stop level at 1.1290
Target level at 1.1109
49. AUDUSD: 46 Pips Profit
I took profit at 0.7030, profit is 46 pips.
Original trade:
Shorted AUDUSD at 0.7076
Stop level at 0.7150
Target level at 0.7006
50. EURGBP: 69 Pips Loss
Stop triggered, 69 pips loss.
Bought EURGBP at 0.9052
Stop level at 0.8980
Target level at 0.9150
51. USDJPY: 50 Pips Profit
I took profit at 91.17, profit is 50 pips.
Original trade:
Shorted USDJPY at 91.67
Stop level at 92.30
Target level at 90.71
52. AUDUSD: 68 Pips Profit
Stop triggered, 68 pips loss.
Original trade:
Shorted AUDUSD at 0.6980
Stop level at 0.7048
Target level at 0.6888
53. USDCAD: 50 Pips Loss
Stop loss triggered, loss is 50 pips.
Original trade:
Shorted USDCAD at 1.1970
Stop level at 1.2020
Target level at 1.1882
54. AUDUSD: 66 Pips Loss
US Dollar is growing in strength.
Cut loss my position at 0.6996, loss is 66 pips.
Original trade:
Bought AUDUSD at 0.7062
Stop level at 0.6980
Target level at 0.7142
55. EURJPY: 70 Pips Loss
Stop triggered, loss is 70 pips.
Original trade:
Bought EURJPY at 126.69
Stop level at 125.99
Target level at 127.89
56. USDCAD: 94 Pips Loss
Stop triggered, loss is 94 pips.
Original trade:
Shorted USDCAD at 1.1793
Stop level at 1.1887
Target level at 1.1688
57. USDJPY: 44 Pips Profit
I close my position at 93.27, profit is 44 pips.
Original trade:
Shorted USDJPY at 93.71
Stop level at 94.75
Target level at 92.75
58. EURUSD: 54 Pips Profit
I took profit at 1.3515, profit is 54 pips.
I am still bullish EURUSD as I think the fall is overdone.
I will buy EURUSD again when BL TS system signals buy again.
Original trade:
Bought EURUSD at 1.3460
Stop level at 1.3357
Target level at 1.3557
59. GBPUSD: 79 Pips Loss
Stop triggered. Loss is 79 pips.
Original trade:
Bought GBPUSD at 1.4609
Stop level at 1.4530
Target level at 1.4728
60. USDCAD: 82 Pips Profit
I took profit at 1.2157, profit is 82 pips.
Original trade:
Bought USDCAD at 1.2075
Stop level at 1.2030
Target level at 1.2173
61. USDCAD: 23 Pips Profit
I close my position at 1.2124, profit is 23 pips.
Original trade:
Bought USDCAD at 1.2101
Stop level at 1.2040
Target level at 1.2172
62. EURUSD: 4 Pips Profit
I close my position at 1.3943, profit is 4 pips.
Original trade:
Bought EURUSD at 1.3939
Stop level at 1.3840
Target level at 1.4040
63. EURUSD: 50 Pips Profit
I closed my position at 1.3880, profit is 50 pips.
Original trade:
Shorted EURUSD at 1.3930
Stop level at 1.4010
Target level at 1.3834
If you would like to know more about my system, send an email to me at atraderx@gmail.com.
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
I cut loss on my position at 1.2713, 87 pips loss.
US Dollar strength persists.
Original trade:
Bought EURUSD at 1.2800
Stop level at 1.2700
Target level at 1.2900
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
I cut loss on my position at 0.6306.
US dollar strength persists.
Original trade:
Bought AUDUSD at 0.6373
Stop level at 0.6300
Target level at 0.6470
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
