trade disabled again whereas my take profit has already been reached for gbpusd but the trade won't close since trade is disabled i just hope price will not retrace this is too bad
update of the last trades i posted
both gold sell order triggered take profit so from both order i made $646.
eur usd buy order triggered take profit and i made $500 from the trade
gbpusd order triggered stop loss and i made a loss of $390 hence total profit from all trades is $756. good luck to other contestants
today i have opened 4 trades today with 3 already closed at profit
gold buy order, i took this trade because price opened for today below PP and like i have made us known before that once price opened a day not too far from PP it will most of the time go back to PP before any decisive move hence i took this trade and made a profit of $100 however broker commission had eaten much of the profit around $88
gbpusd buy order, price opened for the day above PP so i waited the first 1hr for price to retrace back to PP before following it up to midpoint of PP and R1 hence i made profit of $160
buy order gbpjpy i made $25.73 from the trade and was like the way i took the gbpusd trade
eurusd sell order stop loss triggered with $240 loss. i took trade with expectation that price will retrace to pivot from open of the day which is just around midvalue of PP and R1 but unfortunately price got witin 14pips to PP and reversed to my stop loss but its still threatening to get back to PP
more orders have been taken sell order eurusd ended up with $39 profit
buy order gbpusd ended up in loss of $260 price outrightly went haywire
gold sell order with $25 profit
all this trades were taken as a result of breach and non breach of support pionts of the daily pivot figures
gold buy order @1783.80 and i closed the trade @1786.20 the volume of trade was 1lot
reason for trade is that price bounced off my daily S1 and my stochastic indicator is in oversold hence i took the trade and made a profit of $240 removing broker commission of $89.19 i am left with $150+ as profit.
thanks for following my thread
gold buy order @1783.80 and i closed the trade @1786.20 the volume of trade was 1lot
reason for trade is that price bounced off my daily S1 and my stochastic indicator is in oversold hence i took the trade and made a profit of $240 removing broker commission of $89.19 i am left with $150+ as profit.
thanks for following my thread
thanks BH-eurofighter i am trying my best to be amongst the top 5 contestant in the contest and hopefully i will be able to do that
trade update
buy order gold @1772.70 tp-1776.50 sl-1764.50 the reason ofr the trade was that price opened below PP so i expected price to go back to PP before its decisive move but never reached PP and hit my stop loss
sell order gold @1758.80 tp-1748.00 funny enough i did not set stop loss because it skipped my mind reason for trade was that after the first trade stopp loss was hit price had already broken a mid support so i took the trade which finally hit tp
eurusd sell order trade still running it should have actually closed in profit but i did not set tp nor sl i thought i will be able to check during the day but i was too busy plus internet connection too bad so price has reversed a lot but i hope i can still close it around open
From what I have been read from your posting, you had made a good profit already. I not yet get any. You seems very comfortable with your way of trade and it seems that you already profesional in trade. Hope I can become like you one day.
The Following User Says Thank You to Gadis Melayu For This Useful Post:
gadis melayu
i am still striving to be an ojutstanding trader and purge myself of the traps most trader get entangled in such as inpatience and greed so i can not call myself a pro yet until i can do away with all this trap. yes i have made some profit but a trade of eurusd is currently eating at my profit i just hope market soon reverse to my favour.
i know with time and dedication you will also be a very good trader all the best to you
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