Trade Forex Idea - Sell AUDUSD - Nov. 27, 2013

I am going to add to my sell position if I see a breakout 0.91000 in AUDUSD

Here is the chart:

Okay. I Added and today Dec 4, 2013 I took out of the table half of the first position (+281 pips).
I have also moved the Stop Loss at breakeven, looking to exit the second half at around 8.9000 - 8.8450 for about 450 pips more.

TRADE UPDATE: Dec 18th, 2013

I am still in that AUDUSD Sell trade. However, One of my 2 positions just closed  with a total gain of +240 pips.

The other position is at +440 pips and if the price closes below support (the red line, I may add a small new position), and I definitelly move my existing position's Stop Loss above the last high (around 0.9000) to book some more pips.

I am also looking at .618 Fibonacci Expansion , which would be the Profit Target for my open position.(the Blue line). But I may also, just move the stop lower and take what the market is willing to give me on this trade. (remember I already took half of profit at about +280 pips) and another full trade at 240 pips today. Not bad.

Let's see what the market is willing to give... Another at least 1000 pips in one trade? :))

Screenshot below:

 

TRADE UPDATE: I still have that portion of 1/4 running. Currently at +500pips. hopefully i get at least +1,000 pips. It is a free risk trade as I locked in 200 pips.

 

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Adrian Todoran FX Trader

Trade Forex - 2000 pips in one trade

Hello. this will be a quick post . Just wanted to share with you how good I do feel after I found the screenshot from one on my old demo accounts where I booked 2000 pips by trading forex manually between July and September 2013.

I was using multiple lots and after I took some profit and moved the stop loss to breakeven + 10 pips i was fighting with my emotions.

As far as I remember I closed this position in profit of 1800+ pips but it touched more than 2000 pips.

I admit that I had hard times to control my emotions, and I bet, that, if that was a real account, I wouldn't stay that long into that trade :))

Anyway, here is the screenshot

I am going to repeat that forex experience one day... hopefully with my actual AUDUSD trade where I am 200 pips on profit already.

That's why I like to trade forex. You can really make money.

Trading Non-Farm Payroll gave me 250 usd in less than 5 minutes

Hello fellows traders

Today I booked 250 USD trading NFP in manual mode with a method that I have learned last night into a free webinar. Awesome!!! Initially I wanted to take profit at around 99 but I didn't want to risk and I wanted to enjoy the weekend. :) (i am aware of moving the Stop loss at breakeven, but again, 250 is more than 0 in case it turns against me)

Here is the chart:

Update: As you can see in the picture below my first target has been touched ( the red line at 99.00) , but enough is enough. :)