Showing posts with label rolling take profit. Show all posts
Showing posts with label rolling take profit. Show all posts

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 Monday, July 29 2013

Hello,

Welcome to the first trading day of the last week of the Month of July.

Here I am with another trading signal of the day.

As, I kept suggesting in the last week, the market is in for some downward movement.

As it is the market has been on the upside for the last 13 trading days.

I generally wait for 15 days at any extreme ends for the market to show a 180 degree turn.

Looking at the charts now, it seems that that perfect time has come when the 180 degree is anytime going to happen. Well, one just needs to wait and watch for that to happen.

Yes, I am waiting anxiously, with all my open deals at 1.3251 and 1.3201. Hopefully they both would end up with the desired 50 pips of profit by the end of this trading day, or if not by the end of this week.

I am still on with the same signals that I have been talking about in the last week.

I am re-repeating them as follows:

Sell EUR/USD at 1.3301 for a profit of 50 pips; no stop loss.
Sell EUR/USD at 1.3251 for a profit of 50 pips; no stop loss
Sell EUR/USD at 1.3151 for a profit of 50 pips; no stop loss.

Further talking of the news and announcements of the day, there are hardly any, except for the one at 2 pm GMT. It is the news regarding the US of Pending home sales.

It is an high impacting one, meaning it could lead the market way up or down.

The Home Sales in US has been declining for sometime; so if the today’s data releases it way down than the expected, then the market will show volatility and dynamism.

I know it could lead to a jostle in the pair, but that is one thing that leads to the movement of pips. It is this movement of pips that gives one the opportunity to make profits.

I will get to see that when the time comes, till then I shall wait and watch.

I have also updated the video showing the position of the market by the time I was writing this post.

I hope that teaches you a thing or two on analyzing the market’s moves for the day.

If you need to know anything more, just follow my easy to follow tutorials for a better understanding.

Till then, enjoy and live a happy life…


                                                Trading-Signals-for-EURUSD-on-Monday-July-29-2013

Trading Signals for Thursday, June 20 2013

Hi,

I am so excited to post that the Sell entries that I suggested opening on Monday have closed with a profit.

So, now my forex account is up by 100 pips.

Yesterday, when I updated my blog, I was not sure whether my deals will close that day itself or I had to wait for a few days more to see the profits. But luckily they did end in profits yesterday itself.

Also, to lock in the set and desired profits, I had rolled in the take profit levels by few pips so as to take care of the lost dollars in the broker commissions.

Any way, now the way forward; after witnessing the strong fall yesterday, I am expecting a further fall, hence my signals for the day are as below:

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

And I am excited to know if any of you also made profits like the way I did yesterday. Just leave a comment.

Regards
Aditi


Trading Signals for Thursday, May 30 2013

Hi,

I am really happy to update my blog today with this post.

I had mentioned in my earlier posts that I had kept 2 sell orders of 50 pips profit at 1.3001 and 1.3051 levels.

I am happy that the one at 1.3001 levels closed with a take profit.

Though the one at 1.3051 levels is still on.

So, from now even if the market goes down or goes up, I will be profiting in both the scenarios.

As I have already made 150 pips of profits in the last 15 days.

Just giving a round up of my entry orders as follows:

Sell Eur/Usd at 1.3101 levels for 50 pips in profits and 150 pips in losses as of now. I might make rolling take profits and stop losses if the market trend changes from upwards to downwards.

Apart from this one, I still have the long entry order at 1.2749 levels for 100 pips in losses and 300 in profits.

Also worth mentioning is that I have moved the stop losses from both of the existing long entry orders to the levels where the deals started, respectively at 1.2849 and 1.2799 levels. So this way I am not in for any losses from these long orders.

Wish I get more and more profits from my 3 deals that are open right now.

Hope the same for anyone who is trading right now.

Happy Day ahead!!!!

Trading Signals for Tuesday, April 09, 2013

Hi,

I did not need to post yesterday, cause there was absolutely no change in my open long orders. Though today I had to, cause I made a minor change to one of my entry orders.

The previous entry order, since it crossed the 300 pips mark in profits, therefore, I moved the stop loss for the same by 50 pips.

So, now summarizing the scenarios for my open orders:


In a profit scenario, I would make a profit of 1200 pips;
in a loss one, I would be making a profit of 50 pips.

Yeah, this is the consolidation for both the orders.

Hope you are also making profits with me, do let me know if you have any questions for me.

Regards
Aditi
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