Day Trading the Forex for Profits...

Discussion in 'Journals' started by spinfoiltrading, Sep 3, 2010.

  1. EUR/AUD 1.3% profit.
     
    #171     Sep 20, 2010
  2. EUR/CAD, 1/3 of original position left, stop moved to B/E plus 5 pips
     
    #172     Sep 20, 2010
  3. EUR/CHF, closed 1/3 of remaining position at 20 pips, so, closed for 0.125% profit

    entered EUR/CHF on break of 1.3135 level, stop at 1.3155.

    1st target 1.3105

    Risking 1%
     
    #173     Sep 20, 2010
  4. EUR/CAD closed for 0.66%

    Only position left is EUR/CHF. At 1.3110, the rest of the original position will close at 0.61% profit.

    At 1.3107, half of the position opened at 1.3135, which will give a profit of 0.7%
     
    #174     Sep 20, 2010
  5. stop on EUR/CHF at 1.3130;

    stopping out will add approx. 0.5% profit.

    Ended up being a great night...will post totals next.
     
    #175     Sep 20, 2010
  6. Well, not a bad night over all. Looks like worst case scenario, and EUR/CHF gets stopped out, this will have been approx. a 2.6% increase to my account.

    If EUR/CHF hits both targets, it will be about a 3.4% profit for the day.

    Personally, I think a stop out is likely, but, off to a good start! Already up today more than all of last week... now I just have to keep it going, and hope the market plays well!

    Greg
     
    #176     Sep 20, 2010
  7. elomich

    elomich

    Nice night, Greg. I personally don't trade any of those pairs but nonetheless keep it up!
     
    #177     Sep 20, 2010
  8. In AUD/USD long from 0.9459, risking 0.5%

    stop at 0.9439

    1st target, 0.9479
     
    #178     Sep 20, 2010
  9. Closed AUD/USD at 0.12% loss,

    short EUR/CAD from 1.3461 risking 0.5%

    stop at 1.3485

    1st target at 1.3435
     
    #179     Sep 20, 2010
  10. Long AUD/USD - from 0.9458 - risking 0.6%

    stop at 0.9434

    1st target at 0.9482
     
    #180     Sep 20, 2010