Trading Signals for EUR/USD on Friday, August 23 2013

The Profit
The Profit (Photo credit: Wikipedia)
I start this post with an apology. I just do not know how did I manage to miss seeing one of my order getting closed with a profit of 50 pips.

Yesterday, I posted that there was no difference in my open orders, but actually my Sell order at 1.3401 got closed with a 50 pips profit at 1.3349. I had covered up the broker commissions by increasing take profit levels. Hence, I ended up with a complete profit of 50 pips, else I could have lost few pips as broker commissions due to the time frame for which the order was open. Well, my order was open for 2 days.

Anyway, so with this closed entry in profit, my margin as well as my equity increased.

Now coming for the signals for the day, it is an important day. In just hour an half from now data related to the new home sales in U.S will be released. This one piece of information could prove a game changer for the EUR/USD pair.

I am waiting for the news, then only I will come up with any signal. Though I have all Sell entries as of now. I have not kept any entry orders.

Today is the last trading day of the week, therefore, I am not risking my equity.

Only if the data comes out positive for the U.S.A, then only the dollar would strengthen and my account will gain in profits.

Will update in twitter, if any if my order closes.
Enhanced by Zemanta
Related Posts Plugin for WordPress, Blogger...