GBPUSD closed, SL hit

No surprises, but the GBPUSD stop loss was hit a couple of days ago (that is the bonus of a SL). Mine was hit at 1.57043 - just below the SL. That gave me a profit of 37 pips in total (a profit of 7.48) a nice little week of earning money! Have a good rest of sunday!

Keeping me informed

I just want to thank all the new visitors who are visiting this blog for the first time. If there is anything I can add, please let me know, and I will endeavour to include it in this blog. Keep following me, and you will make a profit in the Forex markets. My trades to date should prove that. You can look up the dates I entered and exited and you will be able to see 100% that these are trades that are reported in pretty much real time (give or take due to entering and then getting on here to update! sometimes the market moves quite quickly!) Remember that all these trades could be traded by you, and you need not do anything other than replicate. You could even do better by entering better and exiting better than me. The Recent USDCAD trade is a prime example, as I am sure that it will probably continue in this vein for the next day or two. As long as you keep to the SL, you will do pretty well! Happy trading, and be sure to share this with others. It is a free service, so you have nothing to lose1

USDCAD closed

The USDCAD trade hit the take profit which gave us a nice profit of about 110 pips! Great result, and it looks like it has hit the bottom when the TP was triggered.

GBPUSD update

We are nicely in profit with the GBPUSD trade we have going at the moment. However, we are in uncharted territory here, so I want to lock in the profits we have. I have set the SL at 1.57046. This is well kn danger of being hit, but hey, it is profit no matter what. The TP is set just under the last resistance point which is 1.7610. This gives us some wiggle room of about 60 extra pips.. not confident it will shoot up, but we shall see! Happy trading, we are in profit on this one, and are guaranteed at least roughly 40 pips. I can live with that! ;)

GBPUSD buy

Just had a buy signal on the GBP USD. Bought at 1.56669 Will update more later today.

EURUSD closed

The EURUSD trade is currently going the wrong way, and the signals are telling me to get out. In actual fact, I am going to change this to a buy in stead of a sell. Let's see how this pans out. i will update on the trade in a bit.

EURUSD trade

A new trade is to be taken. This is on the EURUSD and will be a sell order. The trade was taken at 1.22739 with a lot size of 0.02. SL is 1.23167 (43 pips) TP is 1.21953 (78 pips) Let's see how this one plays out! 0.02 is the usual lot size going forward according to my money management rules, it is not a win or lose on then double the lot size - martingale systems are destined to fail every single time. I have some advanced money management software that let's me win 10 and lose 10, and I will still make money - or lose 10 and win 10, and still make money!!!