Trading Signals for Friday, May 31 2013

Hi,

I am again happy to post that my Sell order at 1.3051 has hit the take profit of 50 pips, the way I had set it.

So, now with this particular closed entry, my total winning pips has come to 200 pips; and yes, there is no losing pips in the last 2 weeks. Yeah!!

So, I have put in another Sell entry order at 1.3051 for a gain of 50 pips and a stop loss of 150 pips.

Just re-mentioning that my 2 long entry orders at 1.2799 and 1.2849 levels are still on. By chance if the market goes real low, I will not make any losses on these 2 deals, as I have put the rolling stop loss at the same spot where these deals opened.

Yeah, the earned 200 pips will take care of the profits very well.

But if the market goes real up, these 2 orders will close giving me a clear profit of another 600 pips...WOW

Happy Trading to you and a happier weekend along with a ever lasting happier life.

Trading Signals for Thursday, May 30 2013

Hi,

I am really happy to update my blog today with this post.

I had mentioned in my earlier posts that I had kept 2 sell orders of 50 pips profit at 1.3001 and 1.3051 levels.

I am happy that the one at 1.3001 levels closed with a take profit.

Though the one at 1.3051 levels is still on.

So, from now even if the market goes down or goes up, I will be profiting in both the scenarios.

As I have already made 150 pips of profits in the last 15 days.

Just giving a round up of my entry orders as follows:

Sell Eur/Usd at 1.3101 levels for 50 pips in profits and 150 pips in losses as of now. I might make rolling take profits and stop losses if the market trend changes from upwards to downwards.

Apart from this one, I still have the long entry order at 1.2749 levels for 100 pips in losses and 300 in profits.

Also worth mentioning is that I have moved the stop losses from both of the existing long entry orders to the levels where the deals started, respectively at 1.2849 and 1.2799 levels. So this way I am not in for any losses from these long orders.

Wish I get more and more profits from my 3 deals that are open right now.

Hope the same for anyone who is trading right now.

Happy Day ahead!!!!

Trading signals for Wednesday, May 29, 2013

Hi,

I really got no time to even check my deals. But that is the great thing about smart and calculated trading. You really do not need to worry much, even when you are away from your trading desk for a long time.

The trading plan takes care of everything.

Just a little update on my deals:

The 2 long entry orders on 1.2849 and 1.2799 are still going strong. Hope they will do in the near future too.

The Stochastics for the 4 hours have touched the top North, but looking at the jolt of the upward thrust, I am not going in for the 3rd sell entry at 1.2951....

Instead I have moved the levels to 1.3001. So, if the market reaches till there, it should see a little fallback of say 50 pips downwards. So, I have a limit entry there.

Will get to know about the outcome tomorrow when I reach back home.

Till then, keep trading and keep smiling....  

Trading signals for Tuesday, May 28, 2013

Hello,

A very Good morning. This morning has really been good for me (touchwood).
My short entry at 1.2951 hit a take profit and closed in green.

Now my profits since past 15 days has been 100 pips.

That means, even if both my long entries close on a stop loss, I would not make a loss on my initial capital investments.

That is indeed great.

So, now from now on I am waiting for the 2 long entries at 1.2799 and 1.2849 to show some changes, obvioulsy in the profit directions.

Also, there is one short entry order at 1.3001.

The day ahead will let me know what happens next. But what I know for sure is that I am not in for any losses, just profits from now on....

Yeah wish you too have a great day and a greater trading day ahead!!!

Good Luck....

Trading Signals for Monday, May 27, 2013

Hi,

I have been waiting to post some development today, but alas there has been none.

Due to being the first trading day of the week, the market lied flat since the day.

It rarely made a major movement in either direction, rather traded side-ways.

Hoping to see some action the following day.

A little update on my open deals:

As of now all the deals, 2 on long and one on short are open. And luckily all are in profits.

Will update once any of them closes, whether in red or green.

Goodnight and have a great time....

Sunday, May 26, 2013

Hi,

I am happy to post today that none of my entries have closed in red till now.

Also, the Sell entry order re-opened at 1.2951 levels, as of now that is also in profit.

From now on, if the market reaches rock bottom levels, then I would not make a loss, but I will break-even.

But, if the market reaches North, I will gain a lot....lol...

We will get to see the same tomorrow when active trading will resume.

Till then enjoy your weekend, while I am upto catching my train to Jodhpur in few hours from now.

Bye..

Trading Signals for Friday, May 24, 2013

Hi,

Today is the last trading day of the week. And I am excited because till now none of my deals have closed in red.

Talking about taking the decision to buy or sell, well I am in for 2 trades, which are as below:

Sell Eur/Usd at 1.2951 for 50 pips profit and 150 pips stop loss.
Sell Eur/Usd at 1.3001 for again 50 pips profit and a stop loss of 150 pips.

The second deal will act as a cover deal for the first one.

And yes both these deals are against the long term direction as per the day charts.

The long term deals opened at 1.2849 and 1.2799 are still on and going strong.

Happy Trading and a Happy weekend on start.

Trading Signals for Thursday, May 23, 2013

Hi,

Looking at my open trading positions today, I can clearly see that I am up for a loss on either or both of my long positions.

Luckily, I had open an inverse Sell entry; with that half of my losses will be recovered, bringing my sum total of losses to a mere 50 pips.
Though the entire losses would have been erased had I taken a bigger take profit levels on my Sell position. Anyway, that does not come in my usual strategy of trading, so I did not go with it.

And now talking of the current facts, as of now my trades are saved. If the market goes low till 1.2749, then in that case I will only have 1 buy order; which is more likely considering the stochastic positions on the 4 Hr charts.

So, I will talk of the strategy at the time when my deals will close, right now I am happy that in a worst case scenario I am only in for a 50 pip loss from my principal equity amount, instead of a regualr 200 pip loss associated with 2 entry orders. 

Happy trading !!!

Trading Signals for Wednesday, May 22, 2013

Hello,

I am up with my trading signals for the day. Considering my hunches for the last day, I am confirmed to act upon them today.

Yes, I am going in for the Sell deal at 1.2951 levels with a stop loss of 150 pips and a take profit of 50 pips.

Although my usual Buy deals at 1.2849 and 1.2799 levels are still on with a substantial amount of profits.

But since they have not yet reached the desired take profit levels, so I am still holding them.

Also a point to be noted is that both the deals have the same levels of Stop loss levels at 1.2749...

So if at all the market lies low till there, I will lose both the deals.

Hence, I have kept an entry order of 100 pips stop loss and 300 pips take profit levels at the 1.2749 mark.

Let us see together what happens next...

Happy Trading and a Happy Day ahead....

Trading Signals for Tuesday, May 21, 2013

Good Morning!!

It is a great feeling to wake up and see that both your entry orders are on profit.

If you are following my blog since some time, then you would know what I have done with one of my entry orders.

The one which started at 1.2799 has crossed the 100 pip mark, hence the stop loss has been converted to a trailing one. I moved the loss levels from 1.2699 to 1.2749 levels.

But for the order that started at 1.2849, has not been altered in any form.

Considering the 4HR chart, I am a little compelled to open an Sell entry order at 1.2951 levels, but the great Stochastics and  the moving averages seem to be contradicting each other.

I think I am better off by doing nothing in a case of doubt...

You guys have a happy day and a happy trading time...do leave me a comment if you need to ask something...

Sunday, May 19, 2013

Hi,

I could have posted before in this weekend, but my laptop touchpad is not working. Right now I am posting from my older laptop, so that is how I am able to post an update.

Ok, so a little roundup on my activity on the week's trading signals.

I am happy to post that the signals I gave on the Friday, 17 of May got triggered.

I just hope that both of them close in profits.

Also, on the commodity part, Silver buy deals are still on.

Let us together see what will be the outcome for both by the end of the coming week from tommorow.

Happy Trading and a Happy Life !!!!

Trading Signals for Friday, May 17, 2013

Hi,

I know it has been 2 days and I have not posted yet. That was because my best friend had come to visit me for these two days. He went back just 2 hours back, so I am back to my posting job.

Without a much time, I come up with my signals for the day. Just a word of advise regarding my hunch, I am pretty hooked on to going long on the commodities and also the Eur/Usd pair right now.

So please have a look:

Buy EUR/USD at 1.2849 for 300 pips, with a stop loss of 100 pips
Buy EUR/USD at 1.2799 for 300 pips, with a stop loss of 100 pips

Happy Trading and a Happy Weekend.....

Trading Signals for Tuesday, May 14, 2013

Hi,

I know I did not post yesterday, it was because nothing really happened in my account the previous day.

All that happened to my account was on today. I am happy to post that both my entry orders on the Eur/Usd pair hit the desired take profit levels and so I covered my losses to a great extent.

Also I had kept a room for the lingering brokerage charges, so I kind of made a decent profit.

Right now only my entry order on the Silver is open. Hope that too hits a profitable amount of take profit levels in the weeks to come.

Just mentioning my current entry orders:

Sell EUR/USD at 1.3051 for 20 pips, with a stop loss of 100 pips
Sell EUR/USD at 1.3101 for 50 pips, with a stop loss of 100 pips
Buy XAG/USD at 22.99 with no stop loss or take profit levels, all depending on the margin capacity in your account

Happy Trading!!!

Sunday, May 10, 2013

On Friday, just after updating the blog, my left over entry order of Silver also opened.

But sadly, one of the order on the Eur/Usd closed after hitting a stop loss of 100 pips.

Then automatically, another order opened up that acted as a cover up for the lost pips.

Talking of Silver, I really have hopes with that metal as Monday happens to be the Akshaya tritiya. The day I have been waiting for since a long time, so that I could cover up my losses to a great deal.

As of now all my open deals are in Green, so only if the deals on Eur/Usd could close in a profit, I would be able to cover up my losses on the recently closed deal in the same currency.

All the best for tomorrow!!!

Trading Signals for Friday, May 10, 2013

Hi,

I had kept 3 entry orders last night, I was about to post about them today, but then got late.

The 2 of them are as follows:

Buy EUR/USD at 1.3049 for 20 pips, with a stop loss of 100 pips
Buy EUR/USD at 1.2999 for 50 pips, with a stop loss of 100 pips

  
and the third one that has not opened yet is as follows:

Buy XAG/USD at 22.50, no stop loss and take profits for the moment...Yes, of course in all accordance with your margin levels.

Happy Trading...

Trading Signals for Thursday, May 09, 2013

Hello,

I am posting today to update that my entry order on EUR/USD has closed with my choice of take profit levels.

That is it, and those of you who have been late in acting on my advise on the May, 2 can still act on it, latest by today. It is because from the coming day the Gold rush is going to begin, especially amongst the people of India who happen to be the biggest Gold buyers, and the Akshaya Tritiya is the day when the Indians all over do Gold buying. And that day happens to be on the Monday, 11th May.

So as per the trading days, you only have time till tomorrow, pack all the Silver and Gold as per your margin and make the most of the bling...

Stay rich and keep on trading...

Trading Signals for Wednesday, May 08, 2013

Hi,

I am really sorry for not updating my journal before putting an entry order. It is the heat that is making me crazy, on top of it there was a massive power cut for 6 hours at my place.

Anyway these were my entry orders for the day:

Sell EUR/USD at 1.3151 for 20 pips, with a stop loss of 100 pips
Sell EUR/USD at 1.3201 for 50 pips, with a stop loss of 100 pips

Happy Trading and happy Summers!!!

Trading Signals for Friday, May 02, 2013

Hi, Today happens to be an important day. Those of you who are familiar with the Forex Trading will already know why.

Today the non-form data would be releasing.

Therefore, it is the time to cash in some huge opportunities.

If I had to sum up the events of the day in 1 single word, it would have been the commodity rush.

Yes, today the time has come to stock up all the commodity as much as you can. Yes, but of course you should know with how much margins you can trade in, cause you never know. What if they take a step back and then propel towards the up-side!!!

So, as per your trading leverage, take a call and invest in Gold or Silver and see your profits rake in by the end of the day.

Trading Signals for Thursday, May 02, 2013

Hi,

Just wanted to update that both my trades that I had opened yesterday had hit the desired profit levels, bringing my cumulative Take Profit levels to 50 pips.

Right now I only have one entry order for the Silver at 22.900 levels.

Hoping that one to hit today, although there is none on the Eur/Usd.

Regards
Happy Trading !!

Trading Signals for Wednesday, May 01, 2013

Today I was not really in a mood to trade, but I ended getting into one. That was because I saw the 1hr, 4hr and Day chart at the same levels. All the mentioned time frames were at the extreme North at top, showing the Stochastics at 100.00 levels.

So, I ended up getting into a Sell Trade at 1.3178 with a stop loss of 100 pips, and a take profit of 20;
also another cover up order of 1.3228, with the same stop loss and take profit strategy.

Luckily, the trades sang in my direction, and I ended up making a profits on my cover deal, so I moved my stop loss on the same to the buy levels only for the same. Therefore, I moved the take profits level on the first trade to the same buy levels.

So by this methodology, the cumulative profit for both of my orders will be 50 pips....

Will update once that gets done !!!

Happy Trading...