230 pips on the latest trade

Posted on 03. Aug, 2009 by Jakob in Forex Signals

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.

So when I wrote the last post, I had just closed on profitable trade, and I wrote in that post that I was considering a long trade on the EUR/USD, after some retracement maybe back down to the 1.4000 level. I actually had a pretty solid plan; too bad I didn’t stick to it. The pair went back down to 1.4170 and it started to slow down, and I convinced myself to go long, even though I had promised myself not to, just a few hours earlier. This trade hit my stop loss for a loss of 100 pips, or – 1% of my account balance. This trade was the final trade for July, and I ended the month with a profit of + 4.59 % or 359 pips. Moving on to August and I took another long trade on the EUR/USD. It went down to hit the 1.4000 level, and when we got a bounce back up I jumped in at 1.4060 with a stop loss of 100 pips and 1 % of my account balance. I have just closed this trade some hours ago for a profit of 230 pips and 2.3 % of my balance. As always, all the details of these trades have been posted in time and free of charge. Hopefully I can keep things going throughout the month. It will be interesting to see what will happen in this week, as we will have the NFP this upcoming Friday. My trading and posting all depends on when I get an internet connection. Hopefully this won’t take more than a few days.

Related posts:

1. Latest trade call for 100 pips
2. Latest trade for 50 pips profit – August total 587 pips
3. Latest trade for 100 pips of profit – July month up with 459 pips
4. Latest two trades for 357 Pips profit
5. Forex Signal # 1 – Trade Setup EUR/USD

Tags: my signals