Day Trading the Forex for Profits...

EUR/CAD stopped, 1.05% loss.

Approx. 1.30% loss today.

Final profit from last week was 1.75%...slow week last week, and off to a slow start this week.


EUR/AUD short at 1.3855

20 pip stop risking 1%, 25 pip target

 

moved stop on EUR/AUD to 15 pips.

 

EUR/CHF short at 1.3160.

risking 0.75%

stop at 1.3176
1st target at 1.3140

 

Closed half EUR/CHF at B/E

 

+1. I do believe you know some truths. Best wishes... sending good thoughts your way.

What all are the pairs you trade? Do you sometimes wait for news to come out to rule out potential slippage or is the timeframe you trade in make the inconsequential?

A visualization of your goal plus a burning desire to achieve it is a recipe for success. This much I know.

Thanks

 

short EUR/CAD at 1.3498
20 pip stop
25 pip 1st target
risking 1%

 

EUR/AUD short at 1.3860, risking 1.0%

stop at 1.3880

1st target at 1.3830


previous EUR/AUD trade stopped out.

 

EUR/AUD stop moved to B/E...will double up order (risk 2%) when price hits 1.3837.

1st target, 1.3827.

 

EUR/AUD - profit 1.5% on first position.

 

EUR/CAD 0.92% profit on 2/3 position