Sunday 7 November 2010

AUD/USD (Australian Dollar/Unied States Dollar) and AUD/JPY(Australian Dollar/Japanese Yen)

I have placed 2 orders in the market to buy the following currency pairs at the following prices -
AUD/USD - 10157 and and AUD/JPY - 8253.8
I am looking at least for a 50 pip profit on each of these trades. I have selected these currency pairs based on the analysis using my trading strategy. Will see how the trades progress in the next few days.

Wednesday 3 November 2010

130 Pip Profit - GBP/USD (British Pound/US Dollar)

I have closed my trade on GBP/USD at 16130 (which I opened on Sunday night) for 90 Pip profit.
Although my target was 70 pip profit target, as the move was volatile I trailed the stop. Could have picked up another 15/16 pips but as it started to retrace thought it best to close the trade.

Tuesday 2 November 2010

60 Pip Profit - NZD /USD (New Zealand Dollar/US Dollar)

I have closed my trade on NZD/USD at 7723 (which I opened on Sunday night) for 60 Pip profit.
I still have the GBP/USD (British Pound/US Dollar) trade open with a 70 pip profit target.