Sunday, 15 May 2011

Sunday Night (15th May) Update ...

Sunday 15th May ...

Tonight, I have placed 4pending Income Generator orders, and have 1 trade in progress which triggered last week.

The running trade, on GBP/CHF is a short, and the price is currently above the entry price.

The other orders are short on USD/SGD, GBP/AUD and Long on AUD/CAD and NZD/CHF

The current situation looks like this :






Current position from tonight
Curr. PairDirectionEntryStopTargetP&LComment
GBPCHFShort1.43631.45541.4172-96pips-
USDSGDShort1.23701.24801.2260--
GBPAUDShort1.51941.53591.5029--
AUDCADLong1.03051.02231.0387--
NZDCHFLong0.70540.69680.7140--


Short on USD/SGD

Short on GBP/AUD

Long on AUD/CAD 


Long on NZD/CHF















































Update : having reviewed the orders, I have noticed that, while the price is above the 50EMA on the NZD/CHF, the 20EMA is below the 50EMA, and the 5EMA is between them both ... sure, ignoring the 50EMA the pair meet the entry criteria, but with the "confusion" in the Moving Averages, I have decided to remove the order as the aim is to remove unnecessary risk.

6 comments:

  1. Hi Nick,

    I stayed away from the USD and AUD pairs because of the news. Did you miss to look atr the calender or do you have another reasen why you placed the orders?
    I only saw signals on EUR/CHF and GBP/CHF.

    cu
    Klaus

    ReplyDelete
  2. This is enter in the way to huge Forex benefits. Any dealer starting out will take a gander at the trading approachs accessible to them and choose to make trading rules for their Forex trading system.
    https://www.forexreversal.com/

    ReplyDelete
  3. On the off chance that we think back around 20 years prior, the Forex is select just to the tip top as is the Currency robot which offers extraordinary help for bigger companies in taking care of exchanges.learn forex

    ReplyDelete
  4. Some Forex trading sign are high volume hawkers, calling numerous exchanges multi day intending to benefit a bunch of pips on each.Bitcoin revolution App

    ReplyDelete
  5. Thad B. is a Professional Trading Systems Developer who has created and overseen many productive trading frameworks throughout the years for a private support investments. forexseriously

    ReplyDelete
  6. Some Forex trading sign are high volume hawkers, calling numerous exchanges multi day intending to benefit a bunch of pips on each
    Fortissio

    ReplyDelete