One busy summer Monday

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Hello guys!

Even though it is Monday in the middle of the Summer we are still having lots of trades and also some really nice profits! This is definitely pretty cool!

Here are my today’s trades based on my intraday levels published in my PRO FOREX COURSE

AUD/USD 0.7812 LONG

Pretty nice and quick trade during the asian session. Nice an easy +10 pips profit!

AUD/USD 0.7791 LONG

This one got missed really close. 1 Pip according to my data. After that there was 9 pip reaction. For this reason I discarded this level and I won’t be trading it anymore.

USD/CAD 1.2668 SHORT

Nice and easy +10 pip profit.

USD/CAD 1.2694 SHORT

Again +10 pips profit. Good day on the USD/CAD 🙂

USD/JPY 112.66 SHORT

There was quite surprising and strong upmove on the usd/jpy today. It was a bank holiday in the Japan today. In cases like this it is easier to manipulate and move the market (less liquidity). I think that this unexpected movement was exactly the case. I took a -12 pip loss there.

SUMMARY

4 trades today: 3 winners, 1 loser.  All of them pretty straightforward with no hesitation whether level was tested or wasn’t.

My today’s result: +18 pip profit.

Happy trading

-Dale

 

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Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

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Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

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