What is Forex ?

Forex relates to the Foreign Exchange Markets.

canadian dollar

Shorting USDCAD and long AUDJPY

AUDJPY

AUDJPY

swiss franc

Good opportunity on AUDCHF

Just put in a Buy Limit on AUDCHF, gret risk reward ratio if the pair retraces slightly to support.

AUDCHF

AUDCHF

Stopped out on AUDUSD

Price broke through support level. Stopped out.

AUDUSD

AUDUSD

Going long AUDUSD

Took a long on the support level below.

AUDUSD

AUDUSD

Waiting for a sell signal on GBPCAD

We have identified a good selling zone and we’re waiting for a sell signal on GBPCAD.

Target will be the support zone below. Could provide a good risk / reward ratio.

GBPCAD short idea

GBPCAD short idea

Back to the trading station

Hi all, back to work and back to the trading station ! July was a disastrous month with mainly losers and a -6.5% performance. Money ,anagement was respected but trades simply did not playout with a lot of whipsawing.

You can still follow all of my peformance and trades on MyFxbook.

Now let’s see what this end of August has in store. Summer trading is usually not very good and that was confirmed again this year. No change in my trading system, pure price action, playing rejection of major levels, and always conservative money management.

Stopped out on three trades

Got stopped out on three trades today.

EURGBP H4 (07-14-2016 2206) NZDUSD H8 (07-14-2016 2206) XAUUSD H8 (07-14-2016 2206)

Buy limit on EURGBP

Getting ready with a buy limit on EURGBP just below current prices. I cannot enter at market prices because my risk would be too high, therefore I am waiting for a retracement entry. Stop below previous low, take profit will be a 1.5036 for 1:3 ratio. Risk at 1% of my account as always.

EURGBP H8 (07-14-2016 0648)

Taken out on silver and GBPJPY

Silver retraced and took me out. Took a second loss on GBPJPY.

 

XAGUSD

XAGUSD

GBPJPY

GBPJPY