Details about eariler trades

Posted on 17. Jul, 2009 by Jakob in Uncategorized

As I was at work when I wrote the last post, it was a bit short without much information. I simply had to write that I was closing all the open trades as we didn’t see the move down I expected. Furthermore, we had upcoming news which could make our trades go against us. So I got out in time and in profit. Let’s have a look. First we had two open trades, which was taken July 15th, namely: GBP/JPY where we went short at 154.76. We closed this trade today at 152.62 for a profit of 214 pips. I also went short on EUR/USD at 1.4111 and closed it today at 1.4079 for a profit of 32 pips. Then July 16th I took some additional trades, namely: A Short trade on GBP/USD at 1.6400 which also was closed today at 1.6290 for a profit of 110 pips. I also went Short on AUD/USD at 0.8000 and closed it today at the exact same level, which gave me 0 pips. Lastly I took another Short trade on EUR/JPY at 132.50 and closed it today at 131.89 for a profit of 61 pips. These trades results in a total of 417 pips of profit.

All trades were taken with a stop loss of 100 pips and 1% of my account balance for each trade, hence a total of 4.17%. All the details of the trades have been posted on TradeProfits.net, so if you have followed you have had time to get in and out of the trades. I would really like to do a more detailed explanation of the reasons for taking the trades, but this will often require more time than I got avaible; like today when I am at work, etc.
If you want to get my blog posts instantly, you might want to subscribe to my RSS feed, as this will give you a notification when I have posted a new article. I am still considering how to do this the best way, and so far I am not sure. Anyway, did any of you guys take the trades? Let me know how it went and what you think of it.

Tags: My signal

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