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Re: 600 to 100 pips a month Trading The News For Profit
We opened at 6:50am EST with a short (sell) on the EUR/USD
stoploss at 25 pips We opened at 6:50am EST with a short (sell)
on the USD/CHF stoploss at 25 pips>>
We opened at 6:50am EST with a short (sell) >>on the EUR/USD@ 1.3670 closed @ 1.3654
+16 pips>>
We opened at 6:50am EST with a short(sell)>>on the USD/CHF@ 1.1963 closed @ 1.1942 +21 pips>> Pips total + 37 pips>>
>>It is rare that both currencies go in the same direction as
much as they did this morning. I manually changed all my
stoplosses 10 pips at a time as each one dropped and
managed to make on both currencies today. Rare but
doable if you are there watching things. Today should
have been a losing day but as we learn more and what
to watch for we take less risks. On my demo account I
ran the total losses was our 50 pip risk. I do not attend
to the demo account and let it always run unattended.>>
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Next week will be a heavy trade week. There are several
reports being released that will make the market move
and our monthly total will go up.>>
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I will be adjusting our monthly profit to reflect today’s
loss of 50 pips to keep a fair record of what we have
done so far. This will bring down our pip profit for
August from 528 pips to 478 pips which is still
nothing to be ashamed of as the month is far form
over I expect August to return us at
least 1,000 pips or more..
will post Sunday evening for MOndays TRades.
Bernard>>
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