Target level reached, profit is 76 pips.
Original trade:
Bought AUDUSD at 0.6884
Stop level at 0.6840
Target level at 0.6960
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Good support at 0.6850
Bought AUDUSD at 0.6884
Stop level at 0.6840
Target level at 0.6960
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 1.3895, profit is 48 pips.
Original trade:
Shorted EURUSD at 1.3943
Stop level at 1.4027
Target level at 1.3848
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 0.6888, loss is 4 pips.
Original trade:
Shorted AUDUSD at 0.6884
Stop level at 0.6970
Target level at 0.6789
Shorted EURUSD at 1.3943
Stop level at 1.4027
Target level at 1.3848
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 0.6884
Stop level at 0.6970
Target level at 0.6789
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.
Just open a standard account by following 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.
Disclaimer:
Please note that email updates are for educational purposes only.
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.
I closed my position at 0.6880, profit is 55 pips profit.
Original trade:
Shorted AUDUSD 0.6935
Stop level at 0.6980
Target level at 0.6838
I closed my position at 129.12, profit is 90 pips.
Original trade:
Bought EURJPY at 128.22
Stop level at 127.15
Target level at 129.66
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 free 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 took profit at 1.4231, profit is 74 pips.
Original trade:
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 free 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.
Currencies are quoted in pairs, such as EUR/USD or USD/JPY. The first listed currency is known as the base currency, while the second is called the counter or quote currency. The base currency is the "basis" for the buy or the sell. For example, if you BUY EUR/USD you have bought Euros (simultaneously sold dollars). You would do so in expectation that the Euro will appreciate (go up) relative to the US dollar.
Currency Abbreviations
Symbol Definition Symbol Definition
EUR Euro NZD New Zealand Dollar
GBP Great British Pound AUD Australian Dollar
USD US Dollar CAD Canadian Dollar
CHF Swiss Franc JPY Japanese Yen
EUR/USD
In this example Euro is the base currency and thus the "basis" for the buy/sell. If you believe that the US economy will continue to weaken and this will hurt the US dollar, you would execute a BUY EUR/USD order. By doing so you have bought Euros in the expectation that they will appreciate versus the US dollar. If you believe that the US economy is strong and the Euro will weaken against the US dollar you would execute a SELL EUR/USD order. By doing so you have sold Euros in the expectation that they will depreciate versus the US dollar.
USD/JPY
In this example the US dollar is the base currency and thus the "basis" for the buy/sell. If you think that the Japanese government is going to weaken the yen in order to help its export industry, you would execute a BUY USD/JPY order. By doing so you have bought U.S dollars in the expectation that they will appreciate versus the Japanese yen. If you believe that Japanese investors are pulling money out of U.S. financial markets and repatriating funds back to Japan, and this will hurt the US dollar, you would execute a SELL USD/JPY order. By doing so you have sold U.S dollars in the expectation that they will depreciate against the Japanese yen.
GBP/USD
In this example the GBP is the base currency and thus the "basis" for the buy/sell. If you think the British economy will continue to be the leading economy among the G8 nations in terms of growth, thus buying the pound, you would execute a BUY GBP/USD order. By doing so you have bought pounds in the expectation that they will appreciate versus the US dollar. If you believe the British are going to adopt the Euro and this will weaken pounds as they devalue their currency in anticipation of the merge, you would execute a SELL GBP/USD order. By doing so you have sold pounds in the expectation that they will depreciate against the US dollar.
USD/CHF
In this example the USD is the base currency and thus the "basis" for the buy/sell. If you think the US dollar is undervalued, you would execute a BUY USD/CHF order. By doing so you have bought US dollars in the expectation that they will appreciate versus the Swiss Franc. If you believe that due to instability in the Middle East and in U.S. financial markets the dollar will continue to weaken, you would execute a SELL USD/CHF order. By doing so you have sold US dollars in the expectation that they will depreciate against the Swiss franc.
Article from ForexYard
Here are the trades on commodities from 1 Dec to 24 Dec:
14 trades were executed: 10 wins, 3 losses, 1 breakeven
1. On 23 Dec I closed my position at 10.41, profit is 28 ticks (US$280).
Original trade:
Shorted 1000 spot silver at 10.69
Stop level at 10.90
Target level at 10.08
2. On 23 Dec I closed my position at 39.33, profit is 33 ticks (US$66)
Original trade:
Shorted 2 lot supermini oil at 39.66
Stop level at 40.50
Target level at 38.72
3. On 19 Dec target level reached for silver.
Close position at 11.12, 14 ticks profit (US$140).
Original trade:
Shorted 1000 spot silver at 10.91
Stop level at 11.12
Target level at 11.12
4. On 19 Dec I close my position at 10.97, profit is 10 ticks, US$99.65.
Original trade:
Shorted 1000 spot silver at 11.07
Stop level at 11.30
Target level at 10.87
5. On 17 Dec I close spot silver position at 11.44, profit is 25 ticks, US$250.
Original trade:
Bought 1000 spot silver at 11.19
Stop level at 10.79
Target level at 11.61
6. On 17 Dec target reached for silver. Profit is 49 ticks.
Original trade details:
Bought 1000 spot silver at 10.68
Stop level at 10.40
Target level at 11.17
Closed at 11.17 (Profit is 49 ticks, US$490)
7. On 16 Dec profit stop at 45.81 is triggered. Profit is 40 pips.
Original trade:
Bought 1 lot of supermini Oil at 45.41
Stop level at 43.70
Target level at 47.00
8. On 16 Dec oil trade triggered stop at 44.00. Loss is US$74.
Original trade:
I bought 1 lot of supermini Oil again at 45.41
Stop level at 43.70
Target level at 47.00
9. On 16 Dec oil trade stop triggered at breakeven
Original trade:
Open Long: 1 lot supermini Oil @ 44.67
Stop level: 44.67 (Shifted to breakeven)
Target level: 46.92
10. On 12 Dec gold trade triggered stop.
Original trade:
Open Long: 100 Spot Gold at 833.43
Stop level at 819.00
Target level at 846.38
11. On 10 Dec target level reached for oil
Open short: 1 Supermini Oil @ 44.25
Stop level: 45.00
Target level: 43.13
Close at 43.13, profit is 112 ticks (US$112)
12. On 9 Dec cut loss on oil trade
Open Long: 1 supermini Oil @ 44.27
Stop level: 42.00
Target level: 46.80
Closed: 43.42 (Loss is US$32.00)
13. On 8 Dec took profit on gold
Open Long: 100 Spot Gold @ 770.25
Stop level: 739
Target level: 799.50
Closed: 774.38 (Profit is US$413.00)
14. On 5 Dec target level reached for oil
Original trade:
Open Short: 1 lot Supermini Oil @ 45.56
Stop level: 48.10
Target level: 42.83
Closed: 42.83 (Profit is US$273)
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 free 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.
Stop triggered for GBPUSD, loss is 105 pips.
Original trade:
Shorted GBPUSD at 1.4754
Stop level at 1.4859
Target level at 1.4609
In the FX market you can buy or sell one currency for another. When you buy a currency, you are said to be "long" in that currency and when you sell a currency, you are said to be "short" in that currency. As the value of one currency rises or falls relative to another, traders decide to buy or sell currencies in order to make profits - since the objective is to earn a profit from their position. Placing a trade in the foreign exchange market is simple and the mechanics of a trade are virtually identical to those found in other markets. Because of the symmetry of currency transactions, you are always simultaneously long in one currency and short in another. An open position is one that is live and ongoing. As long as the position is open, its value will fluctuate in accordance with the exchange rate in the market. To close out your position, you conduct an equal and opposite trade in the same currency pair. For example, if you have gone long in one lot of EUR/USD you can close out that position by subsequently going short in one EUR/USD lot (at the prevailing bid price).
Article from ForexYard
Bought USDJPY at 90.23
Stop level at 89.45
Target level at 91.63
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. 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.
Crude oil fell below $36 a barrel for the 1st time since June 2004 as declining demand created a glut of crude and the weakening economy undermined OPEC’s efforts to reduce supply. Crude oil for January delivery dropped $3.84, or 9.6%, to $36.22 a barrel at 2:47 p.m. on the New York Mercantile Exchange, the lowest settlement since June 29, 2004. Futures touched $35.98 during today’s session. Prices have tumbled 75% from a record $147.27 on July 11. The January contract expires tomorrow. (Bloomberg)
I took profit on half position at 0.5748, profit is 52 pips. I took profit on remaining half at 0.5777, profit is 25 pips. Hence net profit for this trade is 39 pips.
Original trade:
Shorted 20,000 NZDUSD at 0.5802
Stop level at 0.5870
Target level at 0.5688
I took profit on half position at 0.5748, profit is 52 pips. I took profit on remaining half at 0.5777, profit is 25 pips. Hence net profit for this trade is 39 pips.
Original trade:
Shorted 20,000 NZDUSD at 0.5802
Stop level at 0.5870
Target level at 0.5688
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 free 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 had took profit on half position at 0.6819, profit is 52 pips. Remaining half got stop out at breakeven. Hence profit for this trade is 26 pips.
Original trade:
Shorted 20,000 AUDUSD at 0.6871
Stop level at 0.6950
Target level at 0.6750
I close my position at 126.40, profit is 71 pips.
Original trade:
Shorted EURJPY at 127.11
Stop level at 128.00
Target level at 125.68
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 free 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 close my GBPUSD position at 1.5069, 85 pips profit.
Original trade:
Shorted GBPUSD at 1.5154
Stop level at 1.5243
Target level at 1.5014
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 free 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 20,000 AUDUSD at 0.7095
Stop level at 0.6966
Target level at 0.7220
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. 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.
Bought 20,000 EURJPY at 126.58
Stop level at 125.50
Target level at 127.75
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. 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.
Japan: Japan's benchmark stock index, the Nikkei 225 Stock Average, fell 0.55% at 8:05 a.m. The index of 225 companies traded on the Tokyo Stock Exchange fell 47.18 at 8,565.34. Among the stocks in the index, 53 rose, 100 fell and 72 were unchanged. (Bloomberg)
Bought 20,000 USDCAD at 1.2064
Stop level at 1.1940
Target level at 1.2180
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. 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.
Took Profit on AUDUSD (37 Pips Profit)
Close position at 0.6915, profit is 37 pips, US$74.
Original Trade:
Shorted 20,000 AUDUSD at 0.6952
Stop at 0.7058
Target level at 0.6808
FX trading can be a source of alternative income for you and me. Click here to open a FREE 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.
NZPA Wednesday December 17 2008 - 09:16am
The Federal Reserve's decision to cut United States interest rates more aggressively than expected sent the New Zealand dollar racing to a five-week high.
From around US56.40c about 8.20am, the kiwi rose as high as US57.90c within 20 minutes, before easing to be around US57.30c by 8.50am.
The Federal Reserve aggressively cut its target for overnight interest rates to a record low zero to 0.25 percent, and said it would employ "all available tools" to dispel a year-long recession.
The surprise move to lower its target for the benchmark federal funds rate by 0.75 percentage points to up to a full point from its prior 1 percent put the Fed in unprecedented policy territory. Financial markets had expected the Fed to lower rates by no more than three-quarters of a point.
The NZ dollar also briefly spiked to a two-week high above 51.60 yen.
Overnight the NZ dollar had climbed to a peak of US56.70c about 7.15am from US55.86c at 5pm yesterday.
ANZ bank said that despite a couple of false starts the NZ dollar managed to push higher overnight off the back of renewed US dollar weakness and position squaring. US economic data continued to paint a bleak picture with little relief in sight.
The kiwi was little changed against the Australian dollar at A83.53c at the local market open.
Against the euro, the NZ dollar edged up to 0.4095 at 8am from 0.4073 at yesterday's local close, while the kiwi also made a small gain on the yen, up to 50.91 from 50.57. The trade weighted index was 55.27 at 8am from 54.89 at 5pm.
Article from www.nbr.co.nz
NEW YORK, Dec 16 (Reuters) - U.S. stocks rallied on Tuesday after the Federal Reserve rewrote its playbook by slashing borrowing costs to a record low, even zero, and pledging more unconventional steps to fight the deepest recession in generations.
Banks led the charge higher, spurred both by the Fed's move to cap its target lending rate at a quarter percentage point and by a quarterly loss from Wall Street icon Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz) that was not as gruesome as many feared. Goldman's stock gained more than 14 percent, outshining an 11 percent advance in the S&P 500's financial index .GSPF.
Stocks were up modestly all day on optimism that the Fed, at its last meeting of 2008, might take dramatic measures to combat the credit crisis and global economic slowdown. But the rally caught fire right after the central bank released its statement in mid-afternoon, pushing the benchmark Standard & Poor's 500 index to its highest closing level since Nov. 10 and driving each of the major U.S. stock indexes to their best one-day performance for the month.
"The rate cut was definitely more than a lot of people were expecting and that's really helping the market here. But the big takeaway here is Bernanke's going back out into the market and trying to loosen things up in credit," said Jocelynn Drake, market analyst at Schaeffer's Investment Research in Cincinnati, Ohio.
"We've got a Fed that's willing to really go the distance for the market right now."
The Dow Jones industrial average .DJI rose 359.61 points, or 4.20 percent, to 8,924.14. The Standard & Poor's 500 Index .SPX jumped 44.61 points, or 5.14 percent, to 913.18. The Nasdaq Composite Index .IXICclimbed 81.55 points, or 5.41 percent, to 1,589.89.
Tuesday's advance marked the largest point and percentage gain for the Dow since Nov. 24 and pushed the blue-chip Dow average up 1.1 percent for the month to date.
USD/CAD – Long closed (+40 pips)
Open Short: 20,000 USD/CAD @ 1.2364
Stop level: 1.2364 (shifted stop to breakeven)
Target level: 1.2480
Closed: 1.2404 (Profit is 40 pips, US$64.50)
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