EURUSD Trade

5 Mar 2009

Buy 1.2552
Stop Loss 1.2302 (250 pips)
Take Profit 1.3052 (500 pips)

A long term trade. Will be reassessing the stop loss and take profit points again.

This course made it all possible!

Disclaimer : This is not intended to be a forex trade recommendation or signal. There is also a time lag between placing my personal trade on the forex market and this blog post. I will frequently check on the open trades to see if I will continue to hold the position and will update my positions in the forex market according. Following the trades is strictly at your own risk and I do not hold any responsibility over the outcome of your trade, especially scalping trades, these are "fast-moving" transactions and point of entry is really crucial.

GBPUSD Trade

5 Mar 2009

Buy 1.4096
Stop Loss 1.3996 (100 pips)
Take Profit 1.4346 (250 pips)

A Longer term trade but I will be relooking at the stop loss and take profit point.

This course made it all possible!

Disclaimer : This is not intended to be a forex trade recommendation or signal. There is also a time lag between placing my personal trade on the forex market and this blog post. I will frequently check on the open trades to see if I will continue to hold the position and will update my positions in the forex market according. Following the trades is strictly at your own risk and I do not hold any responsibility over the outcome of your trade, especially scalping trades, these are "fast-moving" transactions and point of entry is really crucial.

GBPUSD Trade

5 Mar 2009

Sell 1.4155
Take Profit 1.4125 (30 pips)

WIN : 5 Mar 2009 Update - Did not put in Stop Loss at the point of entry as I was still assessing the position and strategy, but the position closed at my initial take profit of 30 pips within the same day. This is a new strategy that I'm trying out based on simple indicators.

This course made it all possible!

Disclaimer : This is not intended to be a forex trade recommendation or signal. There is also a time lag between placing my personal trade on the forex market and this blog post. I will frequently check on the open trades to see if I will continue to hold the position and will update my positions in the forex market according. Following the trades is strictly at your own risk and I do not hold any responsibility over the outcome of your trade, especially scalping trades, these are "fast-moving" transactions and point of entry is really crucial.