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.
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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.
