t

Thursday, December 31, 2009

TP HIT @ 1.4310 FOR +122 PIPS

TP hit @ 1.4310 for +122 pips.
This was trade #68.

SELL EURUSD @ 1.4432

SL 1.4503
TP 1.4310
This is trade #68.

SL HIT @ 1.4426 FOR -61 PIPS.

SL hit @ 1.4426 for -61 pips.
This was trade #67.

Wednesday, December 30, 2009

SELL EURUSD @ 1.4365

SL 1.4426
TP 1.4305
This is trade #67.

SL HIT @ 1.4365 FOR -48 PIPS.

SL hit @ 1.4365 for -48 pips.
This was trade #66.

SELL EURUSD @ 1.4317

TP 1.4297
SL 1.4365
This is trade #66.

TP HIT @ 1.4343 FOR +20 PIPS.

TP hit @ 1.4343 for +20 pips.
This was trade #65.

Tuesday, December 29, 2009

BUY EURUSD 1.4323

SL 1.4287.
TP 1.4343.
This is trade #65.

TP HIT @ 1.4395 FOR + 20 PIPS.

Our TP was reached @ 1.4395 for + 20 pips.
This was trade #64.

SELL EURUSD @ 1.4415

SL 1.4467
TP 1.4395
This is trade #64.

Monday, December 28, 2009

CLOSED @ 1.4379 FOR +18 PIPS.

Closed @ 1.4379 for +18 pips.
This was trade #63.

SELL EURUSD @ 1.4397

TP 1.4377.
SL 1.4433.
This is trade #63.

Sunday, December 27, 2009

CLOSED @ 1.4395 FOR +20 PIPS.

Closed @ 1.4395 for +20 pips.
This was trade #62.

Thursday, December 24, 2009

BUY EURUSD @ 1.4375

SL @ 1.4312.
TP @ 1.4475
This is trade #62.

SL HIT @ 1.4372 FOR -54 PIPS.

SL hit @ 1.4372 for -54 pips.
This was trade #61.

Wednesday, December 23, 2009

SELL EURUSD @ 1.4318

TP 1.4268
SL 1.4372
This is trade #61.

Monday, December 21, 2009

TP HIT @ 1.4293 FOR +20 PIPS.

TP hit at 1.4293 while away from computer for +20 pips.
This was trade #60.

BUY EURUSD @ 1.4273

TP @ 1.4293
SL @ 1.4249
This is trade #60.

TP HIT @ 1.4325 FOR +20 PIPS.

While away from computer, our TP was hit @ 1.4325 for +20 pips.
This was trade #59.

BUY EURUSD @ 1.4305

SL 1.4255
TP 1.4325
This is trade #59.

CLOSED @ 1.4329 FOR +20 PIPS.

Manually closed @ 1.4329 for +20 pips.
This was trade #58.

SELL EURUSD @ 1.4349

SL @ 1.4410
TP @ 1.4317
This is trade #58.

Friday, December 18, 2009

FIRST 2 MONTHS OF BLOG +503 NET PIPS

Total pips since blog was opened on 10-21-09 is plus 503 net pips, on 45 winning trades and 12 losings trades.

Have a great weekend everyone.

CLOSED @ 1.4334 FOR +4.

Closed @ 1.4334 for +4.
This was trade #57.

Thursday, December 17, 2009

SELL EURUSD @ 1.4338

SL @ 1.4428.
No TP yet.
This is trade #57.

CLOSE IT @ 1.4358 FOR +7

Close it @ 1.4358 for +7.
This was trade #56.

MOVE TSL TO +1 @ 1.4352

Move TSL to +1 @ 1.4352.
This is trade 56.

BUY EURUSD @ 1.4351

SL 1.4318.
Wait on TP.
This is trade #56.

Wednesday, December 16, 2009

TSL HIT @ 1.4433 FOR +100 PIPS.

TSL hit @ 1.4433 for +100 pips.
I moved the TSL very close b/c I had price close and little over 50% fib. It may very well go down more, but I don't want to be greedy. If it retraces may short again.
This was trade #55.

MOVE TSL TO 1.4433 TO LOCK IN +100

Move TSL to 1.4433 to lock in +100.
Trade #55.

MOVE TSL TO +1 @ 1.4532

Move TSL to +1 @ 1.4532.
This is trade #55.

SELL EURUSD @ 1.4533

SL 1.4633
No TP yet.
This is trade #55.

CLOSE IT @ 1.4523 FOR +56 PIPS.

Closed @ 1.4523 for +56 pips.
This was trade #54.

MOVE TSL TO +1 @ 1.4578

Move TSL to +1 @ 1.4578.
This is on trade #54.

SELL EURUSD @ 1.4579

SL 1.4695.
No TP yet.
This is trade #54.

Tuesday, December 15, 2009

CLOSED @ 1.4550 FOR +100 PIPS.

Closed @ 1.4950 for +100 pips.
This was trade #53.

MOVE TSL TO 1.4600 TO LOCK IN +50 PIPS

Move TSL to 1.4600 to lock in +50 pips.
This is trade #53.

Monday, December 14, 2009

SELL EURUSD @ 1.4650

SL 1.4697.
Wait on TP.
This is trade #53.

Friday, December 11, 2009

SL HIT @ 1.4658 FOR -92 PIPS

SL hit @ 1.4658 for -92 pips.
This was trade #52.

Thursday, December 10, 2009

BUY EURUSD @ 1.14750

SL 1.4658
No TP yet.
This is trade #52.

TSL HIT @ 1.4715 +1 PIP

TSL hit @ 1.4715 +1 pip.
This was trade #51.

Wednesday, December 9, 2009

MOVE SL TO +1 @ 1.4715

Move SL to +1 @ 1.4715
This IS trade #51.

SELL EURUSD @ 1.4716

SL 1.4840.
Wait on TP.
This is trade # 51.

CLOSE @ 1.4683 FOR +60 PIPS.

Closed @1.4883 for +60.
This was trade #50.

SELL EURUSD 1.4743

SL 1.4840
No TP yet.
This is trade #50.

CLOSE @ 1.4715 FOR + 100 pips

Manually closed @ 1.4715 for +100 pips.
This was trade #49.

MOVE TP TO 1.4636

Move TP to 1.4636.
This is trade #49.

Tuesday, December 8, 2009

MOVE SL TO BREAK EVEN @ 1.4815

Move SL to break even @ 1.4815.
This is trade #49.

Monday, December 7, 2009

Friday, December 4, 2009

Thursday, December 3, 2009

BUY EURUSD @ 1.5093

Wait on TP.
SL 1.5025.
This is trade #47.

CLOSE IT @ 1.5093 FOR +20 PIPS

Closed @ 1.5093 for +20 pips.
This was trade #46.

MOVE TSL TO 1.5112 +1 & PLACE TP 1.4995

Let's move TSL to 1.5112 +1 and place TP 1.4995.
This is trade #46.

SELL EURUSD @ 1.5113

Let's wait on a TP.
SL 1.5160.
This is trade #46.

Wednesday, December 2, 2009

CLOSE IT @ 1.5079 FOR +32 PIPS

Manually closed at 1.5079 for +32 pips.
This was trade #45.

BUY EURUSD @ 1.5047

TP 1.5090
SL 1.4961
This is trade #45.

TSL HIT @ 1.5050 FOR +20 PIPS

TSL hit @ 1.5050 for +20 pips.
This was trade #44.

LET'S MOVE OUR TSL TO 1.5050 TO LOCK IN +20

Move TSL to 1.5050 to lock in +20.
This is trade #44.

LET'S PLACE A TP @ 1.5020

Place a TP 1.5020 on trade #44.

SELL EURUSD @ 1.5070

SL 1.5160
Let's wait on a TP.
This is trade #44.

Tuesday, December 1, 2009

CLOSE @ 1.5086 +2

Manually closed @ 1.5086 +2.
This was trade #43.

SELL EURUSD @ 1.5088

TP 1.5048
SL 1.5160
This is trade #43.

CLOSE @ 1.5061 FOR +43 PIPS

Manually closed @ 1.5061 for +43 pips.
This was trade #42.

Monday, November 30, 2009

BUY EURUSD @ 1.5018

TP 1.5075
SL 1.4947
This is trade #42.

CLOSED @ 1.5020 FOR +20 PIPS

Manually closed @ 1.5020 for +20 pips.
This was trade #41.

LET'S PUT TP @ 1.4960

Place TP @ 1.4960.
This is trade #41.

SELL EURUSD @ 1.5040

Let's wait on take profit.
SL 1.5160.
This is trade #41.

Friday, November 27, 2009

CLOSED @ 1.4956 FOR +56 PIPS

Manually closed at 1.4956 for +56 pips.
This was trade #40.

MOVE TSL TO 1.4950 TO LOCK IN +50

Move TSL to 1.4950 to lock in +50.
This is trade #40.

MOVE TSL TO +10 TO LOCK IN SOME PROFIT

Move TSL to 1.4910 to lock in +10. Let's try to ride it up.
This is trade #40.

BUY EURUSD @ 1.4900

SL 1.4797
No TP yet.
This is trade #40.

CLOSED @ 1.4916 TSL FOR +1

Closed @ TSL 1.4916 +1.
This was trade #39.

MOVE SL TO 1.4916 FOR +1

Move SL to 1.4916 for +1.
This is trade #39.

Thursday, November 26, 2009

SELL EURUSD @ 1.4917

SL 1.5160
Let's wait before we put a stop.
This is trade #39.

CLOSED @ 1.4939 FOR +11 PIPS

Closed @ 1.4939 for +11 pips.
This was trade #38.

SELL EURUSD 1.4950

SL 1.5160
Let's wait before we put a TP.
This is trade #38.

CLOSED @ 1.4931 FOR + 70 PIPS

Manually closed at 1.4931 for +70 pips.
This was trade #37.

SELL EURUSD @ 1.5001

SL 1.5160
No TP yet, let's wait and see.
This is trade #37.

SL HIT @ 1.4979 FOR -96 PIPS

SL hit @ 1.4979 for -96 pips.
This was trade #36.

MOVE SL TO 1.4979

This is on trade #36.

Wednesday, November 25, 2009

BUY EURUSD @ 1.5075

SL 1.4997
TP 1.5250
This is trade #36.

SL HIT @ 1.5077 FOR -98

SL hit 1.5077 for -98 pips.
This was trade #35.

Tuesday, November 24, 2009

SELL EURUSD @ 1.4979

TP 1.4828
SL 1.5077
This is trade #35.

CLOSED @ 1.4907 FOR +10 PIPS

Manually closed @ 1.4907 for +10 pips.
This was trade #34.

Sunday, November 22, 2009

SELL EURUSD @ 1.4917

SL 1.5077
TP 1.4883
This is trade #34.

Friday, November 20, 2009

FIRST MONTH RESULTS +316 NET PIPS

Total pips since blog was opened on 10-21-09 is plus 316 net pips, on 26 winning trades and 7 losings trades.

CLOSE @ 1.4860 FOR +20 PIPS

Manually closed @ 1.4860 for +20 pips.
This was trade #33.

BUY EURUSD @ 1.4840

Buy EURUSD @ 1.4840
TP @ 1.4896
SL @ 1.4777
This is trade #33.

Thursday, November 19, 2009

CLOSED @ 1.4910 FOR +36 PIPS

Manually closed @ 1.4910 for +36 pips.
This is trade #32.

MOVE SL TO 1.4894 TO LOCK IN +20

Let's move our SL to 1.4894 to lock in +20 profits.
This is on trade #32.

BUY EURUSD @ 1.4874

TP 1.4950
SL 1.4793
This is trade #32.

Wednesday, November 18, 2009

CLOSE IT @ 1.4932 FOR + 36

Manually closted @ 1.4932 for +36.
This was trade #31.

SELL EURUSD @ 1.4968

TP 1.4860
SL 1.5077
This is trade #31.

CLOSED @ 1.4926 FOR + 40 PIPS

Manually closed @ 1.4926 for +40 pips.
This was trade #30.

Tuesday, November 17, 2009

BUY EURUSD @ 1.4886

TP 1.4950
SL 1.4797
This is trade #30.

Sunday, November 15, 2009

CLOSED @ 1.4953 FOR + 97 PIPS

Manually closed @ 1.4953 for +97 pips.
This was trade #29.

Thursday, November 12, 2009

BUY EURUSD @ 1.4856

SL @ 1.4793
TP @ 1.5300
This is trade #29.

SL HIT @ 1.4857 FOR -180 PIPS

SL hit @ 1.4857 for -180 pips.
This was trade #28.

Wednesday, November 11, 2009

BUY EURUSD @ 1.5037

TP 1.5137
SL 1..4857
This is trade #28.

SL HIT @ 1.5037 FOR -59 PIPS

SL HIT @ 1.5037 FOR -59.
This was trade #27.

Tuesday, November 10, 2009

SELL EURUSD @ 1.4978

TP 1.4958
SL 1.5037
This is trade #27

LET'S CLOSE IT @ 1.4969 FOR +15

Manually closed at 1.4969 for +15.
This was trade #26.

BUY EURUSD @ 1.4954

TP @ 1.4997
SL @ 1.4897
This is trade #26.

LET'S CLOSE IT @ 1.5006 for +4

Close @ 1.5006 for +4.
This was trade #25.

Monday, November 9, 2009

BUY EURUSD @ 1.5002

TP 1.5022
SL 1.4937
This is trade #25

OUR TP WAS HIT @ 1.4997 FOR +61 PIPS

Our take profit was hit @ 1.4997 for +61 pips.
This was trade #24.

Sunday, November 8, 2009

BUY EURUSD @ 1.4936

TP @ 1.4997
SL @ 1.4797
This is trade #24

SL HIT @ 1.4937 FOR - 34

SL hit @ 1.4937 for -34.
This was trade #23

SELL EURUSD @ 1.4903

TP @ 1.4883
SL @ 1.4937
This is trade #23

CLOSE IT @ 1.4892 FOR +10

Closed @ 1.4892 for +10.
This was trade #22.

SELL EURUSD @1.4902

TP @ 1.4884
SL @ 1.4937
This is trade #22

Friday, November 6, 2009

END OF WEEK RECAP

Total pips since blog was opened on 10-21-09 is plus 270 net pips, on 17 winning trades and 4 losings trades.

LET'S CLOSE IT @ 1.4830 FOR +30

Manually closed at 1.4830 for +30 pips. Let's wait until the dust settles before we trade again.
This was trade #21.

SELL EURUSD @ 1.4860

TP @ 1.4800
ST @ 1.4913
This is trade #21

Thursday, November 5, 2009

TP HIT @ 1.4877 FOR +20 PIPS

TP hit @ 1.4877 for + 20 pips.
This was trade #20.

BUY EURUSD @ 1.4857

TP @ 1.4877
SL @ 1.4797
This is trade #20

TP HIT @ 1.4816 FOR +20 PIPS

TP hit @ 1.4816 for +20 pips.
This was trade #19.

Wednesday, November 4, 2009

SELL EURUSD @ 1.4836

TP @ 1.4816
SL @ 1.4910
This is trade #19

TP HIT @ 1.4885 FOR +100 PIPS

Our TP was hit @ 1.4885 for +100 pips. This was trade #18.
The price is bouncing around now, let's wait for the dust to settle before we enter again.

LET'S PUT A TP AT 1.4885

Let's put the TP for trade #18 @ 1.4885.

BUY EURUSD 1.4785

SL @ 1.4615.
No TP yet
This is trade #18

SL HIT @ 1.4785 FOR -68

SL hit @ 1.4785 for -68.
Trade #17.

Tuesday, November 3, 2009

SELL EURUSD @ 1.4717

TP @ 1.4667
SL @ 1.4785
This is trade @18

SL HIT @ 1.4710 FOR -25

SL hit @ 1.4710 for -25.
This trade #17.

SELL EURUSD @ 1.4685

TP @ 1.4665
SL @ 1.4710
This is trade #18

CLOSED @ 1.4652 for +16

Manually closed @ 1.4652 for +16.
This is trade #17.

BUY EURUSD @ 1.4636

TP @ 1.4656
SL @ 1.4613
This is trade #17

CLOSED @ 1.4637 FOR +3 PIPS

Closed manually @ 1.4637 for +3 as the sharp move expected did not occur. Let's wait for a better opportunity. Possible retrace.
This is trade #16

SELL EURUSD @ 1.4640

No TP yet, let's try to ride it down if we can.
SL @ 1.4710
This is trade #16.

Monday, November 2, 2009

CLOSED @ 1.4779 FOR +13 PIPS

Trade #15 closed manually @ 1.4779 for + 13 pips

SELL EURUSD @ 1.4792

TP @ 1.4772
SL @ 1.4867
This is trade #15

CLOSED @ 1.4837 FOR + 27 PIPS

Trade #14 manually closed @ 1.4837 for + 27 pips.

BUY EURUSD @ 1.4810

TP @ 1.4840
SL @ 1.4735
This is trade #14

CLOSED @ 1.4738 FOR + 23 PIPS

Trade #13 was manually closed @ 1.4738 for +23 pips.

Sunday, November 1, 2009

SELL EURUSD @ 1.4761

TP @ 1.4720
SL @ 1.4797
This is trade #13

CLOSED @ 1.4740 FOR + 14 PIPS

Trade #12 manually closed at 1.4740 for +14 pips. Let's wait for a better opportunity. There does not seem to be conviction either way.

BUY EURUSD @ 1.4726

TP @ 1.4765
SL @ 1.4673
This is trade #12

Friday, October 30, 2009

LET'S CLOSE IT @ 1.4716 FOR +10

Although it looks as if the bulls have lost control again, let's close trade #11 @ 1.4716 for +10 to be flat over the weekend. I think we can get a better entry point next week, as long as a retracement is not large enough to negate my current short bias.
Total pips since blog was opened on 10-21-09 is plus 97 net pips, on 9 winning trades and 2 losings trades.

Wednesday, October 28, 2009

SELL EURUSD @1.4726

It looks as if the bears are here to stay for a while. Let's sell @ 1.4726 with a large SL @1.4885 to avoid possible retracement. No TP for now, let's try and ride this as down if we can.
This is trade #11.

SL hit @ 1.4719 for - 52 pips

Trade #10 SL hit @ 1.4719 for -52 pips

BUY EURUSD @ 1.4771

TP 1.4791
SL 1.4719
Trade #10

MANUALLY CLOSED AT 1.4782

Trade #9 was manually closed @ 1.4782 for a plus 15 pips.

SELL EURUSD @ 1.4797

TP @ 1.4772
SL @ 1.4857
Trade #9

Tuesday, October 27, 2009

Manually closed @ 1.4817 for 20 pips profit

Trade #8 manually closed @ 1.4817 for 20 pips profit

BUY EURUSD @ 1.4797

TP @ 1.4820
SL @ 1.4747
This is trade #8

TP HIT FOR 62 PIPS PROFIT

Trade #7 was closed as our TP was hit @ 1.4920 for +62 pips.
Since inception of this blog on 10-21-09 we have made 7 trades, of which 6 have been winning trades and one was a losing trade, for net profit of +104 pips.

Monday, October 26, 2009

BUY EURUSD @ 1.4858

TP 1.4920
SL 1.4813
Trade #7

SL Hit at 1.4970 for -32

SL hit on trade #6 for -32 pips. Trendline breached, look for short entries at higher points, this may be the beginning of a down wave.

BUY EURUSD @ 1.5002

Our trade #6 is EURUSD @ 1.5002
TP @ 1.5025
SL @ 1.4970

Manually closed at 1.5025 + 10

The original reason for entering trade #5 is no longer valid...Closed at +10. No clear direction stuck in narrow range.

Sunday, October 25, 2009

SELL EURUSD @ 1.5035

Our #5 trade is Sell EURUSD @ 1.5035
TP @ 1.5010 - SL @ 1.5070

Saturday, October 24, 2009

Friday, October 23, 2009

POSITION MANUALLY CLOSED @ 1.5010 FOR 9 PIP PROFIT

Trade #4 was closed manually @ 1.5010 for +9.
Total net pips since 10-21-09 is +64.
Althought it looks as if the bottom trendline on the hourly price channel held once more, anything can happen over the weekend. Not neccessary to hold this position open over weekend ...There will be better entries next week.
Since opening blog on 10-21-09, 4 winning trades and no losing trades.

BUY EURUSD @ 1.5001 - TP @ 1.5021 - SL @ 1.4947

Our #4 trade is as follows:

BUY EURUSD @ 1.5001
TP @ 1.5021
SL @ 1.4947

POSITION MANUALLY CLOSED @ 1.5018 PROFIT +14

Trade #3 manually closed @ 1.5018 for profit of +14 pips.
Net pips since 10-21-09 is +55 pips.
Three winning trades, no losing trades since this blog was started on 10-21-09.

Thursday, October 22, 2009

SELL EURUSD @ 1.5032 - TP @ 1.5012 - SL @ 1.5073

Trade #3 is as follows;

SELL EURUSD @ 1.5032
TP @ 1.5012
SL @ 1.5073

TP HIT, CLOSED AT 1.5035

Trade #2 closed at TP @ 1.5035 for 21 pip profit.
Net pips since 10-21-09 is 41.

BUY EURUSD @ 1.5014 - TP @ 1.5035 - SL @ 1.4950

Our second trade is:

BUY EURUSD @ 1.5014 - TP @ 1.5035 - SL @ 1.4950

Wednesday, October 21, 2009

CLOSED TRADE AT TP FOR +20 PIPS

The first trade, as posted in prior post at the time taken, was just closed at TP for 20 pips profit.
Net Profits since blog opened +20 pips.
Stay tune for next trade.

Sell EURUSD @ 1.5016 - TP @ 1.4995 - SL @ 1.5055


(Click on Chart to enlarge)
Sell EURUSD @ 1.5016
Take Profit @ 1.4995
Stop Loss @ 1.5055
Our first trade of Forex involves selling EURUSD, witht the TP and SL points as shown above.