Forex Signals 5th Jan

5 January 2010 0 Comments

Keep in mind that all trades are open with 3x trade size. Stop Loss is set same for all lots initially and moved later when we lock in profits. We move the Stop Loss the half the stop loss size after reaching first profirt target and we move the Stop Loss to Break Even after reaching second profit targe. At time those profit target may not be reached and we would adjust Stop Loss as per the price action.

Order ID: 8 | Update | $EURJPY Buy | Move Stop Loss to 133.20
Waiting on Order Id 9 and 10 to be filled.

Update at 0400 Hour Candle

Order ID: 8 | Update | $EURJPY Buy | Closed out at -45 Pips
Order ID: 9 | Update | $GBPUSD Sell | Currently at +5 Pips
Order ID: 10 | Update | $GBPJPY Sell | Currently at +30 Pips
Order ID: 11 | Type :Order Cancels Order | $EURJPY Sell 132.80 or Buy 133.55 | Stop Loss: -75 Pips | Take Profit: 50-100-150 Pips
Order ID: 12 | Type ending | $EURUSD Buy 1.4445 | Stop Loss: -55 Pips | Take Profit: 40-80-120 Pips

Update at 0800 Hour Candle

Order ID: 9 | Update | $GBPUSD Sell | Currently at -50 Pips
Order ID: 10 | Update | $GBPJPY Sell | Reached Profit at +70 Pips. Move Stop Loss to 70 Pips
Order ID: 11 | Update | $EURJPY Sell 132.80 | Reached Profit at +50 Pips. Move Stop Loss to 37 Pips
Order ID: 12 | Update | $EURUSD Buy | Currently at +15 Pips

Order ID: 13 | Type :Order Cancels Order | $CADJPY Sell 88.05 or Buy 88.85 | Stop Loss: -80 Pips | Take Profit: 40-80-120 Pips

Update at 1200 Hour Candle

Order ID: 9 | Update | $GBPUSD Sell | Currently at +25 Pips
Order ID: 10 | Update | $GBPJPY Sell | First Profit Target Reached +70 | Currently at +110 Pips
Order ID: 11 | Update | $EURJPY Sell | First Profit Target Reached +50 | Currently at +25 Pips
Order ID: 12 | Update | $EURUSD Buy | Currently at -20 Pips
Order ID: 13 | Update | $CADJPY Sell 88.05 or Buy 88.85 | Waiting to get filled

Update at 1600 Hour Candle

Order ID: 9 | Update | $GBPUSD Sell | First Profit Target Reached +50 | Move Stop Loss to -62
Order ID: 10 | Update | $GBPJPY Sell | Second Profit Target Reached +140 | Move Stop Loss to Break Even
Order ID: 11 | Update | $EURJPY Sell | First Profit Target Reached +50 | Move Stop Loss to -37 Pips
Order ID: 12 | Update | $EURUSD Buy | Currently at -30 Pips
Order ID: 13 | Update | $CADJPY Buy | Currently at -50 Pips

Update at 2000 Hour Candle

Order ID: 9 | Update | $GBPUSD Sell | Waiting for Second Profit Target to Reach | Currently at +90 Pips
Order ID: 10 | Update | $GBPJPY Sell | Third Profit Target Reached +210
Order ID: 11 | Update | $EURJPY Sell | Second Profit Target Reached +100 | Move Stop Loss to Break Even
Order ID: 12 | Update | $EURUSD Buy | Closed out at -55 Pips
Order ID: 13 | Update | $CADJPY Buy | Closed out at -80 Pips

Order ID: 14 | Type :Order Cancels Order | $CADJPY Sell 87.85 or Buy 88.50 | Stop Loss: -65 Pips | Take Profit: 40-80-120 Pips

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