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Showing posts from March, 2012

Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
The profit target of 60points was achieved at 8:35am. End of trading for the day!!

Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
The market has moved halfway (30points) towards the profit target. The Stop Loss has been moved to the opening level in order to protect the capital. The profit limit has been left in place.

Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
The market is currently trending sideways. A pending SELL order has been placed just below the Market Support at 13213 and a pending BUY order just above R1 at 13276.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
The pending SELL order just below the Pivot Point at 13220 was taken at 12:20pm with a 20points Stop Loss and 60points Profit limit in place. This is the 2nd trade of the day.

Live-Forex-Day Trading-EUR/USD

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This is a 2Day 5Min Chart for EUR/USD
The Stop Loss for the 1st trade of the day was taken at 11:05am with a loss of 20points. A pending SELL order has been placed just below the Pivot Point at 13220. The are no Clear BUY opportunities at the moment.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
A pending BUY order was placed just above R1 at 13271. The order was taken at 8.20am GMT with a Stop Loss of 20points and Profit Limit of 60points in place.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
The pending BUY order just above the MA50 at 13198 was taken at 1.10PM with a 20points Stop Loss and 60points Profit Limit in place for the 2nd Trade of today.
The Stop Loss of the 1st trade was taken at 1.50pm with no loss. At the same time, the Market moved halfway towards the profit target for the 2nd trade and the Stop loss was moved to the opening level in order to protect the capital.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
The Market has moved halfway (30points) towards my profit target of 60points. The Stop Loss has been moved to the opening level of 13224 in order to protect capital. The profit limit has been left in place.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
The market was trending sideways and formed a Support. A pending SELL order was placed just below the Market Support at 13224 which was taken at 7.40AM with a 20points Stop Loss and 60points Profit Limit in place.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD
The Stop loss of 20points of the 1st Trade was taken at 2.40pm. The 2nd trade, BUY order at the Market Resistance at 13189, was taken at 2.40pm. The profit target of 60points was taken at 3.40pm. No further trading today.

Live-Forex-Day Trading-EUR/USD

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2Day 5Min Chart for EUR/USD
The pending SELL order just below the Market Support at 13158 was taken at 7.45AM with a 20points Stop Loss and 60points Profit limit.

Live-Forex-Day Trading-EUR/USD

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2Day 5Min Chart for EUR/USD
The market is currently trending sideways. A pending BUY order can either be placed just above the Market Resistance at 13198 or just above R1 at 13226. A pending SELL order can either be placed just below the Market Support at 13158 or just below the Pivot Point at 13136.