Forex Trading Signals

  • EUR/CAD - Buy @ 1.58 zone
  • EUR/JPY - Sell @ 130 level - Buy @ 120 or lower
  • AUD/USD - Buy @ 63 Zone - Sell @ 70 Zone
  • USD/CAD Buy @ 1.20 Zone - Sell @ 1.30 Zone
  • EUR/CHF - Buy At 1.46 to 1.48 zone
  • USD/CHF Sell @ 1.18 to 1.20 zone
  • GBP/USD - Sell @ 1.50 zone - Buy @ 1.34 zone
  • GBP/JPY - Sell @ 140 zone
  • EUR/USD - Buy @ 1.24-1.26 zone

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Friday, January 9, 2009

Account update and trade updates

Ok folks it is the end of another week and I have some pics to post of my trades and a few philosophical points to make about them

Here is the account update and the initial opening balance to compare

opened with 5000 and earlier this week was topping out at nearly 20K in total profits and losses

Not to bad - I could have made more if I only closed some other trades earlier, and of course if I didn't take losses on other pairs.

I sometimes take trades when the water is muddy - it's not the best way to know price action but it certainly is a definitive way to sort through the murky waters

Here i have made a couple of "risky trades" in order to know what price is going to do. You may disagree with them and that's good if you do at least you are forming an educated opinion and that's a good thing.

I make plenty of profits from my trading that allows me to "play" without getting sand in my under pants. These types of trades by no means threaten my initial deposit and thats why I can do them. As you can see I'm up 8000 or so dollars and my stops total losses of 6000 if they are to be hit. that still nets me 2000 dollars in cash to keep.

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