Showing posts with label august. Show all posts
Showing posts with label august. Show all posts

Trading Signals on Thursday, September 11, 2014

Gold Medal in Metal
Gold Medal in Metal (Photo credit: Wikipedia)
Hi, I know there has been a dearth of updates from my end; and as usual I am so sorry.

In the meanwhile, while I was away, I opened 2 deals in the month of September. Both were of Gold metal and both closed after hitting a Stop Loss.

Just to mention here, one was bought at 1251.84 and the other at 1261.61 levels. Now if one gets to post-analyze these, then I did a very good thing by being adamant on my Stop-loss policy.

I say so because the market went really low after that and slipped to 1243 levels yesterday. Today where it will go I do not know, so I come with following signals for the day, after my thorough per-analysis.

Trading Signal:1 for Sep 11/14: Buy XAU/USD at 1229.6, SL:1224.6, TP:1244.6
Trading Signal:2 for Sep 11/14: Buy XAU/USD at 1219.6, SL:1209.6, TP:1249.6
Trading Signal:3 for Sep 11/14: Sell XAU/USD at 1266.49, SL:1271.49, TP:1251.49
Trading Signal:4 for Sep 11/14: Sell XAU/USD at 1276.49, SL:1266.49, TP:1246.49

Also, I have updates for the EUR/USD:

Trading Signal:5 for Sep 11/14: Buy EUR/USD at 1.2849, SL:1.2799, TP:1.2999
Trading Signal:6 for Sep 11/14: Sell EUR/USD at 1.2951, SL:1.3001, TP:1.2801

Hope you get to make profits through any of these, and get back if you need any help understanding them.

Cheers!

P.S: I also got 3 open deals on the EUR/USD as below:

Buy EUR/USD at 1.2899, SL:1.2849, TP:1.3050
Buy EUR/USD at 1.2899, SL:1.2874, TP:1.3052
Sell EUR/USD at 1.2951, SL:1.2976, TP:1.2799

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Trading Signals for XAU/USD on Wednesday, September 03, 2014

English: Higher Grounds Trading Company logo
English: Higher Grounds Trading Company logo (Photo credit: Wikipedia)
I am so sorry, I missed out posting yesterday, and it so happened that I got to open a deal yesterday and also got to close another one. I so regret being tired yesterday, else I certainly would have come up with my daily trading signals on Gold i.e. XAU/USD pair.

So, anyway, for this month of September, I have 1 open long deal right now, that opened yesterday when the market suddenly crashed. Also, the carry forwarded deal from August finally closed with a 2 dollar profit. I know it is very very less compared to the profit that I was garnering a week back on it. But I cannot help it, I am little too strict on not bending from my forex rules. But in a way, it is all good till deals close in an overall profit.

Moreover today, I have had a good sleep so my signals are also here as follows:

Trading Signal:1 for Sep 03/14: Buy XAU/USD at 1249.2, SL:1244.2, TP:1264.2
Trading Signal:2 for Sep 03/14: Buy XAU/USD at 1239.2, SL:1229.2, TP:1269.2
Trading Signal:3 for Sep 03/14: Sell XAU/USD at 1284.55, SL:1289.55, TP:1269.55
Trading Signal:4 for Sep 03/14: Sell XAU/USD at 1294.55, SL:1304.55, TP:1264.55

And the details of the existing open deal:
Buy XAU/USD at 1266.65, SL: 1261.65, TP: 1282.65

Happy Trading !!

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My account post Aug 2014

Image used to convey the idea of currency conv...
Image used to convey the idea of currency conversion (originally from en.wikipedia). The signs are (clockwise from top-left): dollar, euro, pound, shekel, đồng, yen. (Photo credit: Wikipedia)
Hi,

I just thought of including my state of the Forex account as on today, i.e. post August trading, which is as follows:

All over in the month of August I ended up opening 3 trades.

1. One closed with a loss of 5 pips.
2. One closed with a gain of 15 pips.
3. Third is still open with a as-of-now gain of 10 pips.

So, overall the realized gain for the month of August has been 10 pips; and being converted into percentage it becomes a gain of 20%.

Considering a time span of a mere 30 days, it is a very good growth figure, but measuring it up to my own standards of growth measurement, it is a loss. I say so because I am used to making a minimum of 100% growth in a month. But nevertheless, the growth is always positive.

Now coming to the learning part :

I feel I could have closed the yet-to-close deal when it went to 1296 levels, but I did not. I was kind of taken away by the going-a-little-longer on the deal emotion. If that would have happened, then I would have crossed a 60% growth on the month of August. But now there is no point discussing that.

So, as of now I am entering the month of September with an open carry forward deal from August; and will publish the signals as and when I spot them.

Stay tuned!!!  





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Trading Signals for XAU/USD on Thursday, August 28, 2014

Gold Bond trading stamps were dispensed in str...
Gold Bond trading stamps were dispensed in strips at the time of purchase and pasted into books for saving. (Photo credit: Wikipedia)
Please find the signals of the day as follows:


















Also the updates for the existing open deal:







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Trading Signals for XAU/USD on Wednesday, August 27, 2014

Emiri Miyasaka
Emiri Miyasaka (Photo credit: Wikipedia)
Please find the signals for the day:













Also, for the ongoing open deal:

P.S: The auto-Zemanta signalled an apt picture for signal. lol



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

Trading Places
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
Daily-chart-30-aug-2013


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Trading Signals for EUR/USD on Thursday, August 29 2013

I know I am too late for posting today's post, but again I am happy to update that today 2 of my orders closed with profits.

Of course, I had kept the rolling take profit for both, hence I ended up earning a little more than 50 pips that I initially intended to earn on each. That is how I earn back the lost pips in keeping a deal open for days, which get significantly lost due to broker commissions.


So, technically speaking, one of the deals closed at 1.3284 levels and the other at 1.3237.


Hence, the gains for the day today were about 110 pips, and that makes me happy.

Also, I did not see the financial news and announcements of the day. I only went by the chart patterns, and that indeed worked. Proof is attached in the end.

Now I am awaiting the rest of the entries, which is precisely 4 to also end in profits. 

I remember that at the beginning of the current week, I had 7 open orders in losses.

But since Tuesday, I have seen 3 of them closing down with 50 pips gain each.

Although I did lose some amount in Gold trading, but that is fine, I do not bother much for that, since the amount I lost was very minimal. All thanks to the strict stop loss philosophy that I comply with in dealing with commodities.

I know it is not a good time to mention the signals of the day when actually the day is ending; but since I devise signals in and around the time when U.K. market opens, hence the signals will actually stay useful. Though I apologize in advance for the same.

Sell EUR/USD at 1.3351 for a profit of 50 pips.
Sell EUR/USD at 1.3301 for a profit of 50 pips.
Sell Gold at 1435 with a stop loss of 1440 and gain of 1420
Sell Silver at 25.501 with a stop loss of 26.001 and gain of 24.001
Buy Gold at 1387.9 with a stop loss of 1382.9 and gain of 1402.9
Buy Silver at 22.499 with a stop loss of 21.999 and gain of 23.999

I seriously wish anyone reading these posts also earned few pips in his/her trades.

Till then it is a good night from me. Also, I am apologizing in advance for tomorrow. I will again be late to post tomorrow. I will be spending my day with a friend who is visiting my city. But all I can say is that the market will again be on a selling spree tomorrow. The attached Daily chart is the indicator for the same.


 
Daily-Chart-aug-29-2013
Daily-Chart-aug-29-2013


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Trading Signals for EUR/USD on Wednesday, August 28 2013

Silver balls
Silver balls (Photo credit: play4smee)
I do not know if I will get time to write a big post today, so getting straight and minimalistic.

Firstly, as I had come up with signals yesterday, out of that only the Short entry for Gold triggered. Also, it ended up in a loss, yeah it hit the stop loss.


Today again I am optimistic on a lower trend for the EUR/USD and the way dollar is strengthening I am pretty sure that all my loss deals, as of now 6 will turn positive soon. 


I only have time to stick my signals here, which are as follows:


Sell EUR/USD at 1.3401 for a profit of 50 pips.
Sell Gold at 1443.8 with a stop loss of 1448.8 and gain of 1428.8
Sell Silver at 26.501 with a stop loss of 27.001 and gain of 25.001
Buy Gold at 1403.6 with a stop loss of 1398.6 and gain of 1418.6
Buy Silver at 23.499 with a stop loss of 22.999 and gain of 24.999

I will update on my twitter in case any of my deal opens or closes.

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Trading Signals for EUR/USD on Tuesday, August 27 2013

I am happy to post that my sell order which I opened at 1.3401 closed with a take profit of 50 pips at 1.3348.

So, now I have just 6 open sell deals - 3 at 1.3201 and 1 each at 1.3251, 1.3301 and 1.3351.

I suppose the market if reaches lower then, I would end up in more profits for the day.

As I had supposed in my last post, the market did end up stooping low.

Now, I again get a feeling that the market will go further down from now.

For the same reason, I come up with relative signals as below:

Sell EUR/USD at 1.3401 for a profit of 50 pips.
Sell Gold at 1425.8 with a stop loss of 1430.8 and gain of 1410.8
Sell Silver at 26.001 with a stop loss of 26.501 and gain of 24.501
Buy Gold at 1377 with a stop loss of 1372 and gain of 1392
Buy Silver at 22.499 with a stop loss of 21.999 and gain of 23.999


 Apart from that there is one important thing that I want to share. It is that one cannot fully go by the news and announcements that happen in the Forex scenario. They are important for any trading, but many a times they could show an adverse affect to the one that is expected from them.

Like for example the one that announced today. The German Info climate released its data today, which came out significantly positive. Naturally, one would expect it to have a positive outcome on the EUR/USD pair, as it means a positive affect on the Euro; but alas the announcement created a strong decline in the pair implicating a rather positive affect on the Dollar instead of the Euro.

Again the same thing happened just an hour back. The Standard and Poor data released which turned out to be positive. Naturally, it could have created a positive effect on the Dollar, but instead it caused the Euro to go up.

Yes, it is strange, very strange.

I keep observing such phenomena once in a blue moon, but today I posted about it.

That is the reason I give about 30% importance to forex news and announcements; and instead go strong with the charts and their analysis.

I hope anyone reading this understands the concept of trading better.

Till then have fun in trading as well as in living.

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Trading Signals for EUR/USD on Monday, August 26 2013

Apologies. I am way late for posting today's signals. I was stuck because my internet was not working.

Now since it is fine, I am back at it.

I am getting straight to the business. The U.S data today came out negative, leading to a strong pull on the EUR/USD pair causing it to make 1.3394 as the day's highest level.

As anyone knowing me would know, I am more of a Chart Trader; hence I am still optimistic and head strong on going short with the pair.

I have attached the 4-H chat that makes me believe that the market is due for a U-turn.

It clearly shows a inside pin bar which indicates a bearish trend for the pair.

I still have 7 open Short deals in losses; only if the market reaches till 1.3350; then at least I will earn 50 pips and have one deal closed.

Apart from that I have the following signals for the Gold and Silver commodities.

Sell Gold at 1421.6 with a stop loss of 1426.6 and gain of 1406.6
Sell Silver at 25.501 with a stop loss of 26.001 and gain of 24.001
Buy Gold at 1367.1 with a stop loss of 1362.1 and gain of 1382.1
Buy Silver at 22.499 with a stop loss of 21.999 and gain of 23.999

Till then, have a good day.


4-H-Chart-26-Aug-2013
4-H-Chart-26-Aug-2013


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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.
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Trading Signals for EUR/USD on Thursday, August 22 2013

Mation of the free-fall with air drag
Motion of the free-fall with air drag (Photo credit: Wikipedia)
Today seems to be the day which I was awaiting since a month back. The market showed some beautiful free fall.

Today's day is full of events, and all of them have the capacity to bring path breaking twists in the EUR/USD pair.


The ones announced till now where all pertaining to the Euro zone. Out of them the data of France turned out to be negative for the zone. That caused the first fall for today for the pair.

Whereas the one for the Germany came out pretty positive, that pulled up the pair creating today's high till now at. 1.3364.

But unfortunately, even the overall positive data of the Eurozone could not bring up the pair up. Since last 1-2 hours, the pair has been dropping with a gained momentum.


The trigger for the same effect could also be due to the pressure and uncertainty of the release of the data related to the Unemployment claims of the U.S.A. This data is about to release in an hour and a half from now.

I am eagerly waiting for the data, just like so many traders all over the World.

Naturally since I am so heavily stocked with Sell deals, I want the pair to fall and fall so that my account gets a lot of profits.


As of now my open deals are the same as they were yesterday.


Till the data gets released, I am going hopeful with the 4H chart that I have attached below. It makes me believe that the much awaited fall of the pair and the strengthening of the Dollar has started.

Till then enjoy and make some greenback.


4-H-chart
4-H-chart


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Trading Signals for EUR/USD on Wednesday, August 21 2013

I'm Not Trading
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.
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