Comments on: Forex Signals 20th Jan

By: FirePips

FirePips — Thu, 21 Jan 2010 00:27:39 +0000

Thanks Ayman…but please don’t post your signals here.

By: ayman

ayman — Thu, 21 Jan 2010 00:21:07 +0000

EUR/USD

GBP/USD

GBP/JPY

By: Pierre

Pierre — Wed, 20 Jan 2010 23:30:02 +0000

Thank you for taking my question in consideration.

Awesome work you do, and sharing it is making whole thing more impressive.

By: FirePips

FirePips — Wed, 20 Jan 2010 23:04:09 +0000

Hi Ed,

After the second target is hit we move the Stop Loss to original price when you opened the trade. This way the last lot is risk free.

By: FirePips

FirePips — Wed, 20 Jan 2010 23:01:18 +0000

@Pierre I see your point and it does make sense. From now on whenever something like that happens I’ll send updates to include those trades.

@Azizi Appreciate your comments mate

By: Azizi

Azizi — Wed, 20 Jan 2010 17:27:32 +0000

damn fine trading day
as for me using firepips’s signal already beg in more than 100 pips of profit. Small loses is insignificant. God bless you all the way.

By: Pierre

Pierre — Wed, 20 Jan 2010 14:51:46 +0000

Well it may not be a good example for GBPUSD.
What i meant is if a conditionnal order is pending on your side but was passed on mine and then you notice that for example price action changed and you cancelled your pending.Well can you add a stop loss for my side order, ie :

You have a pending Sell CADJPY @ 87.00 that was not processed with your broker, my broker processed it because it reached 86.99 according to him. Then price action changed and you told us to cancel the pending, but for me it’s not pending, it’s live.So must i close it instantly or should i set a SL :

Order ID: .. | Update | $CADJPY Sell 87.00 | Price Action Changed, Cancel Order, in case trade was triggered close it now !

Order ID: .. | Update | $CADJPY Sell 87.00 | Price Action Changed, Cancel Order, in case trade was triggered set stop loss to 87.50.

By: Ed

Ed — Wed, 20 Jan 2010 14:20:59 +0000

On the CAD/JPY what is the stop loss when you move to break even after second profit target is hit and third begins? Does is mean to set the stop loss to 80 pips, which would break even to the two targets +80 you already hit?

Thanks,

By: FirePips

FirePips — Wed, 20 Jan 2010 13:05:30 +0000

That’s fine Jan. You helped me create a better FAQ page

By: Jan

Jan — Wed, 20 Jan 2010 12:59:31 +0000

aaah ok now I have it, sorry for all the stupid questions just wanted to make sure of things.