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 Wednesday, July 10 2013

Hi,

With a heavy heart I admit that my long entry at 1.2899 closed by hitting the stop loss at 1.2799. That makes a loss of 100 pips.

So as of now, my overall trading account is on a loss of 50 pips in this week.

The market went real low yesterday; the bears were on a active spree yesterday. This caused my long entry to close with a loss.

Do not know why the market is stuck at the low levels since so long. As I see the charts right now, since the 20th of June, the daily charts have been on a low. Now we are on the second week of July, and it is still stuck there.

Anyway, it is high time now that the market starts going upwards slowly. But when or how soon it is going to happen, that we need to wait and watch.

Currently, the market is moving side-ways; neither up nor down. That happens when the sellers and the buyers both are unsure as to what will happen next in the market.

Going by the Daily charts, market should move up anytime soon.

Also, when I see the news to be announced for the day, at 5 pm GMT, the FOMC meeting as well as the 10 year bond auctions will be announced. Both are high impact causing news. The effect of these could cause volatility and dynamism in the EUR/USD pair.

One should just wait and watch the upcoming moves in the market.

Now coming to the signals:

I have kept a by entry deal as a cover up for the existing at 1.2749 for a profit of 50 pips and a loss of 100.

Will post the outcome tomorrow, till then enjoy and have a good life!!

Trading Signals for Tuesday, June 18 2013

Hi,

Here comes an update on the yesterday's kept entry orders.

I am happy and sad both.

Happy because the Sell entry order at 1.3351 got triggered; but sad because the one at 1.3401 just missed being triggered by a mere 2 pips.

Had the second cover one at 1.3401 got triggered; then I would have earned my 50 pips for the day,\; making me earn the first 50 pips of the current week.

Now all my eyes are set on the one that is open. It will either shut close with a profit of 50 pips, or if the market goes up, which I feel is quite unlikely right now, then the deal might close with a loss of 100 pips.

I really do not know what would happen next, but I do know what I have done with the open deal.

I have rolled over the profit levels for the same by 2 pips, bringing the profit levels at 1.2999.

Now waiting for the deal to close, will update tomorrow whatever will be the outcome.

Happy Trading and a Happy Day !!!

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 Wednesday, March 27, 2013

The market is on a strong pull down. The momentum of the downward pull caused my entry order to close on a stop loss of 50 pips.

Also, my long entry order opened at 1.2799.

Now waiting to see the flow of the market.

Regards
Aditi

Trading Signals for Tuesday, March 19, 2013

It is Tuesday, and my second entry order has also triggered. So, at 1.2849, and at 1.2899, I have two entry orders.

Luckily, none of them have crossed the stop loss mark.

Let us see what happens in the coming week.

Happy Trading and Happy Life!!!

Trading Signals for Wednesday, January 30, 2013

It is the mid-week and the almost near-end of the first month of the year. Time indeed just flies. And with the ongoing time, my entry order also hit the trigger. So, now I have 2 short orders running on my forex platform. The recent opened one is giving a profit, while the earlier one is showing a loss of about 50 pips. But since secure stop loss is adhered to, I do not need to worry much.

Now, awaiting the first Friday of the coming month, February, that falls just 2 days from now. That day will decide as to whether the bull run will gain more momentum or it is going to be the reversal of the trend, suggesting an end to the upward trend that started from the month of August.

So, look out for the trend, my friends. From then on the strategy will take a lift, till then the orders remain as it as they were on the start of the week on Monday.

Just adding one more entry order, considering the heavy pull upwards, which is as follows:

Sell at 1.3558 for 300 pips, with a stop loss of 100


Happy Trading.