Trading Signals for EUR/USD on Friday, November 15, 2013

English: A Pivot Animation (Photo credit: Wikipedia)

For today, the pivot point is 1.3495.

Hence, right now I have opened a long deal at 1.3455, with a take profit level of 1.3480.

A stop loss value depends on your margin. I have kept 50 pips. This is rather subjective.

Any value lower than what I have taken will be a bonus.

Once, the pair reaches the pivot point, then I would try some quick scalping there.

I have thought of putting one long at 1.3494 and a short at 1.3496.

Both will have a stop loss of 10 pips and a profit of 30.

Hence, with this scalping; either I would have a profit of 20 pips or a loss of 20 pips.

Whatever be, will update the outcome tomorrow.

Till then Happy Trading.

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Trading Signals for EUR/USD on Friday, August 30 2013

Trading Places (Photo credit: Wikipedia)

As of now I have not closed any open order in profit. But seems very likely considering the trend in the charts of EUR/USD pair.

Moreover, there was no announcement of any major financial news with respect to the Eurozone or the U.S.A.

Hence, it is safe to assume that the patterns for the pair formed today are real solid and will stay for sure for a considerable time.

By the way, I just glance on the highest and lowest levels of the day; which has 1.3255 as the highest and 1.3222 the lowest levels of the day. These values are as of now, hence are liable to change anytime.

As you also must have noticed, the difference is not much between the highest and lowest values of the day, just a mere 30 odd pips.

By pointing the difference I just mean that there is still a lot of scope for the market to show some dynamics. By dynamics I mean it could go zooming up or could also droop a lot low.


As far as my trading is considered; it would be wonderful if it reaches lower lows. That ways my account will close the as of now open Short deals in profit.

Just like yesterday, my account still has 4 open orders which are yet to shut down. And they have to have to shut down in profits. I have waited a really long time for that to happen.

As far as I recall, as per my current trading plan, I funded my account on the 23th of last month. 

Hence, it has been more than a month, and I have not doubled it yet. I have just earned close to 33% till now.

Last 2 weeks have not been that good, hence I lost my winning pace. But luckily this week has been cheerful; and I hope the forthcoming one will also be wonderful.

Whenever that be, I shall post and update here.

But right now I am just in a mood to enjoy the weekend.

Hope you too have a happy one, I think it would be if you have been following and acting as per my trading signals.

Also, I am in love with the Daily chart image attached.

Oh no, it went way lower than what I have posted here....hahhaha

Daily-chart-30-aug-2013

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

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.

Trading Signals for EUR/USD on Friday, August 09 2013

Cover of Friday (New Line Platinum Series)

It is Friday today, the last trading day of the week. Till now the market has not come down, the way I expected it to.

But that does not make me worry. That is because though it has not started falling, but also it has not gone up too.

Today the daily high till now has been not much; the market barely managed to touch the 1.3390 levels.

Right now I only see a difference of a mere 20 pips in the pair's highest and lowest levels of the day.

Seeing the upward movement of the market yesterday, I pumped some credit into my trading account to create a buffer in case the margin in my account starts dropping.

In fact the market did not cross the 1.3401 levels since yesterday; but pumping money really helped in keeping my peace of mine.

I know I could have easily opened a BUY deal, but I am strictly not in for hedging.

That is something I seriously prohibit. That is one mistake that newbie traders offer indulge in, which actually makes them lose more money.

Anyway, I am now off for a weekend, as today I have to go out and wish all my friends a happy Eid.

I will now post in the coming week. But if I find time tomorrow, then I will post something on the tutorial.

I do not think it would be worth putting up a post this week on a weekly roundup on earnings, because this week I have not earned a single penny with my trading.

I hope the coming week will bring in profits and lots of winning pips.

Now talking of announcements, there was just one related to the Eurozone, which turned out to be a negative one for them. Though, that particular news did not do much to the market.

Since there is no other event lined up for the day, I therefore take a break from trading for 2 days.

I shall be back on Monday, till then enjoy the festivities of Eid and stay happy.

Trading Signals for EUR/USD on Friday, Aug 2 2013

Today is the first Friday of this month of August 2, 2013. So, as you would know it is a big day. Quite eventful it is; and why would it not be. It is on this day that the data pertaining to the Non-farm employment change is released.

It is the news that every serious trader waits for eagerly. Within seconds of its announcement, the market quavers haphazardly. It is that time of the day when a lot of traders all over the globe either make heavy losses or gain a handsome amount of pips in their currency trading accounts.

So, today when it released, a commotion in the market was but natural.

The respective data released at around 1 pm GMT today, and it triggered one of the set entry orders of mine at 1.3251, which I spoke of keeping as an entry order yesterday.

The data that came out today was less than what was expected. It therefore, pulled the market up and the pair recovered the losses which it had incurred during the last 2 days.

In the current scenario, the market is still in the gaining mode. As of the now, the highest that the market has made for the day is 1.3294.

So, in a scenario like now, there is nothing better than to wait for the market to show some stability, else the volatility in the market could work against a trader.

I have gained a handsome amount of pips since last week. Hence, I am not in any mood to destroy those.

Therefore, I am happy with my 2 open orders at 1.3251 and 1.3201 respectively.

Both are in losses right now. Just hoping that in the upcoming week, the losses in the currently opened orders will be erased and profits will take their place.

Just to mention, I also have an entry order, yet to be open at 1.3301.

I will update in the weekend, if in any case it gets triggered.

Till then, take care and enjoy the weekend.

Trading Signals for EUR/USD on Friday, July 26 2013

 Hello,

Today it is the last trading day of the week. And here I am with another post.

The markets have still not started going down in the way which I had anticipated.

But nevertheless, they have not really gone a lot up too. So, in a way that is a good thing.

Yesterday, the market made a high at 1.3296 and a low at 1.3166.

And today it opened at 1.3274 and up to the time I am writing this post, it made the high at 1.3289 and a low at 1.3269. Today’s as of now high is lower than yesterday’s high and also the low is higher. By the end of the day, the market could either break both the highs and the lows or it would not. But whatever may happen by the end of this day, one should completely stick to his/her trading plan and strategy.

Now I move on to the major announcements and financial news of the day. Well, there is nothing really coming up for the day. I mean nothing worthwhile which could bring a major turn around in the market.

So, I am basically going strong with my open deals, one at 1.3201 and the other at 1.3251. That is because my entry order at 1.3251 which I had suggested as a signal yesterday got triggered.

As of now, I am only waiting for my existing entries to close in profits, and also waiting for the entry order at 1.3301 to get triggered.

But of course that will only happen if the market will go up and up; which seems very unlikely right now.

Hence, just wait and watch.

P.S: I have uploaded a video showing the Daily chart for today. It could give you some idea as to how I stay so sure with my signals and the trading strategies.

And do let me know if you need to understand anything regarding the EUR/USD pair.

Till then enjoy.

Trading Signals for Friday, July 19 2013

Hi,

Hope you all are doing good, as well as your trading account.

Just a little update on my life - It is my mother's birthday today, and she has come over to my place to celebrate it. I baked my lemon cake for her and she loved it. So, as she is here I am actually off trading, that is in fact the reason why I had opted for a withdrawal in my account earlier this week.

Now moving forward with the updates on the market; as I had suggested yesterday, the entry at 1.3101 got triggered, went down till 1.3066 but not till the take profit levels suggested. Hence, it did not close.

Also, another cover order must have got opened at 1.3151. If that cover order would have opened, then it would close at profit at 1.3101 levels.

In any case, I suggest do not keep a stop loss; but you should only do that while maintaining a good margin.

The market has to pull down any time now, for sure. Therefore, going with Short deals will be of advantage.

In a worst case scenario, I presume the market would go up till 1.3201 levels, and if all goes well, it should return from then on.

Only if it breaks from there on to further up, I shall come up with a newer strategy, but just maintain a good margin with your open deals, and it will surely benefit.

Trading Signals for Friday, July 12 2013

Hello,

It is Friday, the last trading day of this week. Therefore, as you would know, I am not in for active trading on this day.

But how can I not come up with my analysis of the day on my favourite EUR/USD pair. 

As we saw, the week started with a lower lows, but since Wednesday or the start of Thursday the market scenario just turned to highs and higher highs.

There was a lot of volatility in the market, and since the latter part of Thursday, it is getting to more or less stable.

But what from now on:


Well, well I see a major break-out happening in just half or an hour's time from now. Now how do I know it, well you see I saw the 15 minute chart. To be honest, I am a big believer of 15 minute charts, when it comes to sensing a big break-out.

And if you could observe it now, it is behaving very nice right now in a perfect straight line. I like to call it the lull before the storm situation.

And now coming to another important question: in which direction will the market break-out?
Ah…the answer is a big EITHER.  

big-break-out

But if I have to talk about my feelings and my guts, then it is the upper one only.

Let us all see what happens, and yes talking about the signals, they are as follows:

SELL EUR/USD at 1.3201 for a profit of 50 pips and a forgo losses this time; but yes ensure that you have enough capital/equity/margin in your account to sustain heavy losses.

But I ask you to forgo a stop loss because overall the direction of this pair is going to be in down South.

Come back to this post in 6 months, and leave a comment if/if not that happens.

Till then enjoy and be happy.

Trading Signals for Friday, July 05 2013

Hello,

I am again short of time today. I am still celebrating my birthday post my birthday.

So, again going short and direct in this post.

As I posted yesterday, ECB announcement, Draghi uncle opened his mouth, and there went the Eur/Usd falling.

And that triggered my BUY entry at 1.2899. After that it did well going way upwards, but did not go as up as I had wanted it to.

Had it gone, I would have made 50 pips at 1.2950.

Nevertheless, I am expecting it to go up today; but if does not, then it will end up in 100 pips losses at 1.2799.

Coming to scalping, do it only before 12 pm GMT, before the Non-farm employment data gets announced.


Now coming to the signals part:

I suggest keeping an entry order at 1.2849 for a stop loss of 100 pips and a gain of 50 pips.

Till then have a good time...

Trading Signals for Friday, June 28 2013

Hi, 2VBFNBETD2TK

It has just been a mammoth task achieved. My buy order at 1.3049 just got closed with 50 pips right now, hitting its take profit levels.

Hence, as of now I am at a loss of 200 pips in this week.

Because, I gained 100 pips since yesterday, therefore, 200 pips lost instead of 300.

As of now I have not kept any further entry orders, except for I kept 2 days back.

I am steady on them till now. And not keeping any more future orders.

Actually I am waiting for the next week, then I will keep or edit the orders.

Yeah, as I mentioned in my yesterday's update, I am scalping for 1 pip trades in order to recover the lost pips.

Also, I will be updating a tutorial on that this weekend.

So, just stay tuned and keep living.

Trading Signals for Friday, June 21 2013

Hi,

It is so nice to wake up and post that another entry closed at a profit. Yes, the one that I opened yesterday, closed with the take profit levels that I had imagined.

It is Friday today, the last trading day of the week and with 3 deals closing in profits, I think I had my share of happiness for this week.

But considering the strength of the downward movement, I am still going strong with the trend.

Therefore, following are my entry deal(s) for the day today and further, till I post again:

Buy Eur/Usd at 1.3199 for a stop loss of 100 pips and a profit of 50 pips. 

Till then have a happy trading day and life ahead !!

 

Trading Signals for Friday, June 14 2013

hi,

So, the last trading day of the week has also arrived. And if I round up my deals, then it has been a little loss.

The yesterday's deal, it ended up in profits. So, that becomes my second winning deal of the week.

Therefore, my week's loss has been of 200 pips, while a gain of 100 pips.

So, the week's summary comes to 100 pips. But overall in a month's time, it has been a profit of 350 pips.

So, in total it has been a good month.

Awaiting more profits in the week that is about to follow.

Now coming up with the entry orders that are set in my account:

Sell EUR/USD at 1.3401 for 50 pips, with a stop loss of 100 pips
Buy EUR/USD at 1.3249 for 50 pips, with a stop loss of 100 pips

Happy weekend a happy trading plan !!!

Trading Signals for Friday, June 07 2013

Hi,

Yeah I did a disappearing act with my blog yesterday. Yeah I just wanted to know if there are any real people reading it. And yeah I got to know the truth. Hahha

Guys if anyone of you is following my post updates, and you actually end up profiting from my trading signals, then I request each on of you to come back and just click on any of the google ads displayed on my blog. That will really motivate me to share my trading strategies with everyone. Yeah, a big thanks in advance.

Now coming up to the forex work bit. Yeah as I posted yesterday, I still maintain the same. I am confused.

Yeah yesterday, my long entry at 1.2849 finally closed giving me another +300 pips in profits.

But on the other hand I also had my first losing deal.

Yeah, as you might have noticed, the market went soaring up, and along with it my Sell entry at 1.3051 closed in a loss of 30 pips.

Right now I have not kept any open deal. I will let this non-farm data pass by, and then I will further come up with any trading strategies.

But considering yesterday's trend, I think that is going to be the one for few more days, till the Week's stochastic reaches the top North. Yeah, on the other hand it is stuck since long up there for the 4H chart.

Yeah, I again repeat, I am confused.

Regards

Trading Signals for Friday, May 31 2013

Hi,

I am again happy to post that my Sell order at 1.3051 has hit the take profit of 50 pips, the way I had set it.

So, now with this particular closed entry, my total winning pips has come to 200 pips; and yes, there is no losing pips in the last 2 weeks. Yeah!!

So, I have put in another Sell entry order at 1.3051 for a gain of 50 pips and a stop loss of 150 pips.

Just re-mentioning that my 2 long entry orders at 1.2799 and 1.2849 levels are still on. By chance if the market goes real low, I will not make any losses on these 2 deals, as I have put the rolling stop loss at the same spot where these deals opened.

Yeah, the earned 200 pips will take care of the profits very well.

But if the market goes real up, these 2 orders will close giving me a clear profit of another 600 pips...WOW

Happy Trading to you and a happier weekend along with a ever lasting happier life.

Trading Signals for Friday, May 24, 2013

Hi,

Today is the last trading day of the week. And I am excited because till now none of my deals have closed in red.

Talking about taking the decision to buy or sell, well I am in for 2 trades, which are as below:

Sell Eur/Usd at 1.2951 for 50 pips profit and 150 pips stop loss.
Sell Eur/Usd at 1.3001 for again 50 pips profit and a stop loss of 150 pips.

The second deal will act as a cover deal for the first one.

And yes both these deals are against the long term direction as per the day charts.

The long term deals opened at 1.2849 and 1.2799 are still on and going strong.

Happy Trading and a Happy weekend on start.

Trading Signals for Friday, May 17, 2013

Hi,

I know it has been 2 days and I have not posted yet. That was because my best friend had come to visit me for these two days. He went back just 2 hours back, so I am back to my posting job.

Without a much time, I come up with my signals for the day. Just a word of advise regarding my hunch, I am pretty hooked on to going long on the commodities and also the Eur/Usd pair right now.

So please have a look:

Buy EUR/USD at 1.2849 for 300 pips, with a stop loss of 100 pips
Buy EUR/USD at 1.2799 for 300 pips, with a stop loss of 100 pips

Happy Trading and a Happy Weekend.....

Trading Signals for Friday, May 10, 2013

Hi,

I had kept 3 entry orders last night, I was about to post about them today, but then got late.

The 2 of them are as follows:

Buy EUR/USD at 1.3049 for 20 pips, with a stop loss of 100 pips
Buy EUR/USD at 1.2999 for 50 pips, with a stop loss of 100 pips

  
and the third one that has not opened yet is as follows:

Buy XAG/USD at 22.50, no stop loss and take profits for the moment...Yes, of course in all accordance with your margin levels.

Happy Trading...

Trading Signals for Friday, May 02, 2013

Hi, Today happens to be an important day. Those of you who are familiar with the Forex Trading will already know why.

Today the non-form data would be releasing.

Therefore, it is the time to cash in some huge opportunities.

If I had to sum up the events of the day in 1 single word, it would have been the commodity rush.

Yes, today the time has come to stock up all the commodity as much as you can. Yes, but of course you should know with how much margins you can trade in, cause you never know. What if they take a step back and then propel towards the up-side!!!

So, as per your trading leverage, take a call and invest in Gold or Silver and see your profits rake in by the end of the day.

Trading Signals for Friday, April 05, 2013

Hi,

So today for both the entries the stop loss as well as the take profit levels changed. As I had expected yesterday, the bullish trend had started forming. The trend got firm when the U.S. data released with a poor result. It lead to a big loss for the USD, which actually worked in my favor. The EUR/USD pair saw a big leap.

Since, both the entries crossed the 200 pips profit, so I moved the stop loss levels to the point where the entries got opened. Also, the take profit levels were further stretched to +300 pips, making the current take profit levels for each to 600 pips, thereby making the total take profit to 1200 pips as a combined profit.

Though in a worst case scenario, the loss would be nil (+ the broker commission).

Hoping to see a positive scenario on Monday when the market re-opens.

Happy Weekend!!

Trading Signals for Friday, March 22, 2013

Today is the last trading day of the week. I did not post anything yesterday, since the open orders in my account did not see any change.

But today I am posting, because just few moments ago my account witnessed an activity that was worth posting.

The Eur/Usd pair reached a new high. It crossed the 1.3000 mark.

Therefore, I moved the stop loss on my first entry order to 1.2849. This will make my stop loss to a mere 50 pips.

Now, the stop loss for both of my entry orders is 50 pips each; hence the cumulative loss in a worst case scenario would amount to 100 pips. Though, the take profit amounting to both the orders will be 600 pips.

regards
Aditi