Trader456's trading ideas - page 35

 
trader456:
Resistance formed at 1.5500.RSI signals sell on the 4 hourly chart.Sell GBPUSD at 1.5478Stop level at 1.5550Target level at 1.5300

Stop has triggered at 1.5550, loss is 78 pips.

 

MACD has signal sell on the daily chart.

Sell AUDUSD at 0.9162

Stop level at 0.9310

Target level at 0.8950

 

Support level formed at 1.3450 on the daily chart.

Buy USDSGD at 1.3492

Stop level at 1.3400

Target level at 1.3700

 

Resistance formed at 1.6000.

MACD has signal sell.

Sell GBPUSD at 1.5884

Stop level at 1.6010

Target level at 1.5600

 
trader456:
MACD has signal sell on the daily chart. Sell AUDUSD at 0.9162Stop level at 0.9310Target level at 0.8950

Closed the trade at 0.9063, profit is 99 pips.

 
trader456:
Support level formed at 1.3450 on the daily chart.Buy USDSGD at 1.3492Stop level at 1.3400Target level at 1.3700

Closed the trade at 1.3556, profit 64 pips.

 
trader456:
Resistance formed at 1.6000.MACD has signal sell.Sell GBPUSD at 1.5884Stop level at 1.6010Target level at 1.5600

Closed the trade at 1.5713, profit is 171 pips.

 

329 pips profit was generated for the 1ST half of August 2010. 13 trades were executed: 8 trades won and 5 trades lost.

If you are trading 1 full contract (100,000) per trade, your profit for 329 pips will be around US$3290.

Here are the details of my trades:

1. USDCAD: 34 Pips Loss

Not looking good again, cut loss at 1.2010. Loss is 34 pips.

Original trade:

Buy USDCAD at 1.0244

Stop level at 1.0180

Target level at 1.0364

2. GBPUSD: 99 Pips Loss

GBPUSD moves up after weak Non farm payroll data. Cut loss at 1.5970, loss is 99 pips.

Original trade:

Sell GBPUSD at 1.5871

Stop level at 1.6010

Target level at 1.5690

3. USDCAD: 19 Pips Loss

Not looking good. Cut loss at 1.0232, loss is 19 pips.

Original trade:

Buy UsdCad at 1.0251

Stop level at 1.0180

Target level at 1.0381

4. USDCAD: 38 Pips Loss

USDCAD is falling fast. Cut loss at 1.0310, loss is 38 pips.

Original trade:

Buy USDCAD at 1.0348

Stop level at 1.0270

Target level at 1.0500

5. AUDUSD: 136 Pips Profit

AUDUSD has a deep fall. We decide to take profit. Closed at 0.8982, profit is 136 pips.

Original:

Sell AUDUSD at 0.9118

Stop level at 0.9300

Target level at 0.8880

6. GBPUSD: 107 Pips Profit

We had just closed GBPUSD at 1.5179, profit is 107 pips.

Original:

Sell GBPUSD at 1.5286

Stop level at 1.5400

Target level at 1.5000

7. USDSGD: 60 Pips Profit

Target level is reached at 1.3623, profit is 60 pips.

Original:

Buy USDSGD at 1.3563

Stop level at 1.3440

Target level at 1.3623

8. GBPUSD: 134 Pips Profit

Target level was reached at 1.5700, profit is 134 pips.

Original:

Sell GBPUSD at 1.5834

Stop level at 1.6010

Target level at 1.5700

9. GBPUSD: 101 Pips Loss

GBPUSD moving up higher. Cut loss at 1.5838, loss is 101 pips.

Original trade:

Sell GbpUsd at 1.5737

Stop level at 1.5900

Target level at 1.5500

10. AUDUSD: 40 Pips Profit

AudUsd is rebounding. Closed the trade at 0.9122, profit is 40 pips.

Original trade:

Sell AUDUSD at 0.9162

Stop level at 0.9310

Target level at 0.8950

11. GBPUSD: 73 Pips Profit

GBPUSD is rebounding. Closed the trade at 1.5811, profit is 73 pips.

Original trade:

Sell GBPUSD at 1.5884

Stop level at 1.6010

Target level at 1.5600

12. USDSGD: 38 Pips Profit

UsdSgd is falling. Closed the trade at 1.3530, profit 38 pips.

Original:

Buy USDSGD at 1.3492

Stop level at 1.3400

Target level at 1.3700

13. USDJPY: 32 Pips Profit

USDJPY looks weak and we decide to close this position. Closed at 85.77, profit is 32 pips.

Original:

Buy USDJPY at 85.45

Stop level at 84.90

Target level at 87.00

All of my trades are executed based on fully tested trading system based on real life experience.

If you are interested to learn about this trading system, send an email to me at metal.commodity@tradingeducationprogram.org to sign up for my Trading Education Program.

 

Heard of hedge fund selling EURUSD around 1.2900.


 

Sell USDCAD at 1.0660.

Stop level at 1.0720

Target level at 1.0540