Just a quick update, another trigger has happened today, and this is on the XAGUSD. This is a metal trade - silver to be precise. At the moment, this is to see if the stratgy works on here, and how it all plays out, but thought that I had better mention it.
The trade was open as a buy @ 32.21985.
Happy trading
Showing posts with label trade activated. Show all posts
Showing posts with label trade activated. Show all posts
Monday, October 17, 2011
EURCHF triggered
Late on Friday night, we got the trigger to buy the EURCHF - Again, I am not sure whether this will go to profit or not, but the trade is such that the rules say to follow it! Stop loss is 150 for this, and 3% risked.
I only bought this this morning, so some of the move might have already happened - we will have to wait and see, but time will tell us.
So, we have bought the EURCHF at 1.23965 - so at the moment of writing, it has gone into loss of 45 pips, but the good news is that it is massively oversold, so I would expect to see a bounceback.... although what I expect, and what the charts says does not always mean that what you expect will actually happen.
Should be an interesting trade to see what happens.
It should be trailed quite closely though, as the chart is turning...
Happy trading
I only bought this this morning, so some of the move might have already happened - we will have to wait and see, but time will tell us.
So, we have bought the EURCHF at 1.23965 - so at the moment of writing, it has gone into loss of 45 pips, but the good news is that it is massively oversold, so I would expect to see a bounceback.... although what I expect, and what the charts says does not always mean that what you expect will actually happen.
Should be an interesting trade to see what happens.
It should be trailed quite closely though, as the chart is turning...
Happy trading
Thursday, September 29, 2011
New trade activated
The USDCAD trade has been triggered at 1.02930 for a buy.
I don't think that there will a massive profit here, and it will need to be monitored quite closely, but here goes for trade number 2! Let's see if we can get some more profit on this one.
I have been monitoring this currecny pair since the last time we missed it. It has taken a massive move, so whether it can maintain it - not really sure, but we will know in the next couple of days!
Happy trading
I don't think that there will a massive profit here, and it will need to be monitored quite closely, but here goes for trade number 2! Let's see if we can get some more profit on this one.
I have been monitoring this currecny pair since the last time we missed it. It has taken a massive move, so whether it can maintain it - not really sure, but we will know in the next couple of days!
Happy trading
Monday, September 19, 2011
First trade activated
Ok, the great news is that we have our first trade that has been activated.
This will be to sell the EURUSD.
We will see how this goes, but the trade was executed when the rate was 1.36552. so anything below this we are in profit (minus the spread of course, but for eases sake as already mentioned, I am not taking this into account. Hopefully the wins on this will make the spreads pointless (because we are looking at a decent size profit, although it does of course mean that it will not be 100% accurate (although it will still be 98% accurate give or take a percent). The reasons for doing this is to prove it works, and show that there is undeniable profit potential in this strategy.
One thing to remember, I am not aiming for the highs and lows, to predict them 100% is impossible, so if we go in the red, that is not a problem, we are looking for the trend here, and there will be some ups and downs, as long as the downs and ups get lower and lower, that will result in a profit for this one trade.
I have decided that, the $250 starting bank is not going to be adhered to. I am going to do this on a points basis as it will make it a lot easier to present and will be easier on the eyes when trying to compute the information... Needless to say, depending on the lot sizes you want to use, says how much you win or lose, so risk and the rest can be assesed on that basis.
Happy trading!
This will be to sell the EURUSD.
We will see how this goes, but the trade was executed when the rate was 1.36552. so anything below this we are in profit (minus the spread of course, but for eases sake as already mentioned, I am not taking this into account. Hopefully the wins on this will make the spreads pointless (because we are looking at a decent size profit, although it does of course mean that it will not be 100% accurate (although it will still be 98% accurate give or take a percent). The reasons for doing this is to prove it works, and show that there is undeniable profit potential in this strategy.
One thing to remember, I am not aiming for the highs and lows, to predict them 100% is impossible, so if we go in the red, that is not a problem, we are looking for the trend here, and there will be some ups and downs, as long as the downs and ups get lower and lower, that will result in a profit for this one trade.
I have decided that, the $250 starting bank is not going to be adhered to. I am going to do this on a points basis as it will make it a lot easier to present and will be easier on the eyes when trying to compute the information... Needless to say, depending on the lot sizes you want to use, says how much you win or lose, so risk and the rest can be assesed on that basis.
Happy trading!
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