TradeProfits

Latest two trades for 357 Pips profit

Posted on 10. Aug, 2009 by Jakob.

0

August was going good and I was up around 1.8% a few days ago. Last friday, we had the NFP and a lot of action. Some pairs, specially the EUR/USD, had been trading in a range for some days, and it was obvious that the NFP would push it out of this channel, either up or down. I had already entered a short position on the EUR/USD before the NFP, as I actually though we would have seen the pair go down a bit. However, nothing happend, and I had to wait for the NFP. A few minutes after the NFP release, I went long on USD/JPY, and I stayed in the EUR/USD trade. I closed the trades last night, for a total profit of 357 pips, or 3.57% or my total balance. That brings me up to a total of 5.37% for August, or 537 pips. All trades was posted in real time on Twitter, and you should have been able to follow. I am still working on a better solution to get my signals out. But if you want to be sure not to miss anything, be sure to sign up for my RSS feed, and my newsletter, and I will let you know when I am about to make some changes.

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No stop loss using IvyBot

Posted on 04. Aug, 2009 by Jakob.

1

A few days ago, I wrote a short preview of the new EA called Ivybot. A lot of hype and crazy claims, and no facts. Now a few days later, more honest and reliable information is comming out. One of the aspects of the Ivybot seems to be that it does not use a stop loss, but simple shut down trades which has been open for a long period, without hitting the take profit level. This is somewhat similar to the way Forex Ambush 2.0 is working. Sure you can show a lot of winning trades, but keep in mind that one trade can take down your entire account balance. I would never let an EA trade my real money account, without using stop losses! What do you think?

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230 pips on the latest trade

Posted on 03. Aug, 2009 by Jakob.

1

Since my last update I have had two trades, one which went against me for a loss of 100 pips and the next one which I have just closed a few hours ago, which gave me a profit of 230 pips. The last few days have been kind of crazy. I have had a lot of hours at work, as I am going to Lisboa later this month to study one semester abroad. Furthermore I have just been moving to a new room with my girlfriend; Needless to say that there have been some long and tiring days. To top everything off, I now have no internet connection in the new room, so I am currently sitting at school writing this update. Hopefully everything will be up and running within the next few days. Read more... (402 words, estimated 1:36 mins reading time)

This is a preview of 230 pips on the latest trade. Read the full post (402 words, estimated 1:36 mins reading time)