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I decided to buy the EURUSD as its been oversold, I'm expecting a small dip back up so I have a 10 pip take profit off of 1.2765.
Buy EURUSD at 1.2765 Take Profit at 1.2775 Stop Loss at 1.2745 if won, 10 pips, if lost 20 pips
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The USDJPY closed with the expected 30 pips, and the EURUSD trade made 10 pips as expected.
This Trade: +30 pips +10 pips Total Trade: +230 pips
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The USDJPY just broke its resistance, I have been told that it will go way up but I can also see its wayyy overbought. Im going to sell it
Sell at 117.20 Take Profit at 116.90 Stop Loss at 117.55 If won, 30 pip gain, if lost, 35 pip loss Hopefully I'm write on this, it should top out at about 9:00 GMT if my calculations are correct. Hopefully it will be a double top reversing the trend. Now EURUSD I put a Sell Limit on this one. Sell at 1.2775 Take Profit at 1.2755 Stop Loss at 1.2840 If won, 20 pip gain, if lost, 65 pip loss. The trend is generally going down and should stay within its envelope. GBPUSD I am buying for a small profit, one of those quick ups Buy at 1.8842 Take Profit at 1.8852 Stop Loss at 1.8800 10 pip profit, 42 pip loss
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____________________________\¦/ ___________________________(ò ó) ______________________o0o___(_)___o0o__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ Last edited by gazuz : 08-25-2006 at 07:08 AM. |
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GBPUSD position closed with 10 pips profit
This Trade: +10 pips Total: +240 pips
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____________________________\¦/ ___________________________(ò ó) ______________________o0o___(_)___o0o__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ |
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EURUSD position closed with 20 pip profit
This Trade: +20 pips Total: +260 pips
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____________________________\¦/ ___________________________(ò ó) ______________________o0o___(_)___o0o__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ |
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The USDJPY is going to slowly go down, I'm almost sure it will go even higher before going down.. So I'm moving the take profit higher and the stop loss higher as well..
Take Profit at 117.05 Stop Loss at 117.75 15 pip profit, 55 pip loss
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____________________________\¦/ ___________________________(ò ó) ______________________o0o___(_)___o0o__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ |
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USDJPY closed the position and will probably keep going down. Though I dont have enough certainty to open anymore. Since today is sunday in PST I will not have any positions open.
This Trade: +15 pips Total: +275 pips
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____________________________\¦/ ___________________________(ò ó) ______________________o0o___(_)___o0o__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ |
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Selling EURUSD at 1.2815
Take Profit at 1.2795 Stop Loss at 1.2850 Profit would be 20 pips and loss of 35 pips Selling GBPUSD at 1.8976 Take Profit at 1.8956 Stop Loss at 1.9014 Profit would be 20 pips and loss of 38 pips
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____________________________\¦/ ___________________________(ò ó) ______________________o0o___(_)___o0o__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ ___¦_____¦_____¦_____¦_____¦_____¦_____¦ ¦_____¦_____¦_____¦_____¦_____¦_____¦__ Last edited by gazuz : 08-29-2006 at 04:16 AM. |
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