Trading Signals for EUR/USD on Monday, December 02, 2013

Thanksgiving at the Trolls (Photo credit: martha_chapa95)

Hello after a long time. I actually took a break from trading due to the erratic movements of the market during the Thanksgiving.

I generally stay away from trading during such major events. The reason is simple. The anxiety in the market is at its peak, and therefore the signals do not come clear and appropriate.

I had gained some 132 odd pips in my account, hence I withdrew and did not indulge in much and took a kind of break.

But now, I am back to my daily business, and therefore the signals for the day are as follows:

Short the EUR/USD pair at 1.3601 for a profit of 100 pips and a stop loss of 50. A strategy to move the loss 25 pips once the profit inches 50 pips will be a good idea to gain more and loose less.

I go that way and earn, so can you.

I am in favor for the short side, because the Price action theory suggests so for my favourite 4 HR time frame.

Hope you make some pips and enjoy the first week of this last month of this year.

Cheers.

Trading Signals for EUR/USD on Monday, September 16, 2013

Come Monday (Photo credit: Wikipedia)

I know I have been absconding for past 1 week.

I was actually away from my home. I was actually at the hospital nursing one of my uncles.

He had his hip replacment surgery; and therefore I was engaged in his care taking.

During this while I refrained from trading, because I was not in a position to carry my computer inside the hospital premises.

Hence, I did not even post anything here.

But the good thing is that I am back.

Also, I cannot help not mentioning that I am still stuck to short on EUR/USD ; listed below are my signals for the day.

Sell EUR/USD at 1.3351 for a profit of 50 pips, no stop loss for a while.

It is too early now, but I will update once the market shows some trend formation in the latter part of the day and week.

regards
Aditi

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 Wednesday, August 21 2013

I'm Not Trading (Photo credit: Wikipedia)

It has really been a long vacation for me. I am updating this blog after a week. I had intended to take a vacation of 3-4 days, but with the event of my anniversary and then Rakshabandhan, I went overboard.

Within this time frame, I did update my twitter on the happenings of my trading account.

Looking at the market now, it seems that the EUR/USD pair is struggling to reach the maximum levels in the upward direction.

It has touched the 1.3452 levels in this week. As I was off trading in the regular and active way, so I missed out on the opportunity of putting a short deal at the same level. Therefore, I made up for the lost opportunity by doing some scalping.


Just now, the home sales data related to the U.S.A released. Luckily it turned out positive than what was expected.

This could mean strengthening of the Dollar. If that happens, I will make a good amount of profit.

Further the upcoming news of today if turns out positive, will boost more for it.

Anyway, currently I am in huge losses. The following are my open Short losing trades:

3 at 1.3201
1 at 1.3251
1 at 1.3301
1 at 1.3351
1 at 1.3401

All of them have a take profit level of 50 pips, and no stop loss.


I promise that from tomorrow I will duly update my blog.

Till then enjoy and have fun.