Free Trading Signals - page 4

 

Market: EUR/USD

Current Price: 1.2770

Direction: SHORT

Order Type: LIMIT SELL

Price: 1.2800

Stop Loss: 1.2900

Profit Target: 1.2100

Instructions: Move SL to breakeven after 100 pips profit.

 

Friends, let's cancel our second EUR/USD Limit Sell as well. We missed both of our entries on first attempt by only a few pips. While we still might get filled today, due to the sequence of the moves i would like to wait a little and not take any unnecessary risk at this moment. No trades for today.

Current price is 1.2765

 

I received a couple of mails today asking why we canceled both trades. To clarify, we canceled the trades because prices moved too far away from our sell limit and another approach to our projected entry area would have significantly increased the risk for further upside. As such we would have attempted to get an entry at a higher price. But as it turned we were missing our entries by 2 pips on the first trade and 9 pips on our second trade with prices directly dropping from there without ever hitting our projected entry zone again. We will now wait for a decent correction before attempting another short trade. As things stand right now, i have the 1.2750 area in sight but details will be disclosed as the price action develops.

 

Market: EUR/USD

Current Price: 1.2680

Direction: SHORT

Order Type: LIMIT SELL

Price: 1.2700

Stop Loss: 1.2900

Profit Target: 1.2100

Instructions:

 
SirMcPip:
Market: EUR/USDCurrent Price: 1.2680Direction: SHORTOrder Type: LIMIT SELLPrice: 1.2700Stop Loss: 1.2900Profit Target: 1.2100Instructions:

Please move your stop up an additional 50 pips on our current Eur/Usd trade as the current stop is sitting too close to a 50 % Fib. Level. If we get stopped out we will reposition higher. Target remains the same.

New Stop is 1.2950

Current price is 1.2880

 

Market: EUR/USD

Current Price: 1.2950

Direction: SHORT

Order Type: LIMIT SELL

Price: 1.2990

Stop Loss: 1.3140

Profit Target: 1.2100

Instructions:

 
SirMcPip:
Market: EUR/USDCurrent Price: 1.2950Direction: SHORTOrder Type: LIMIT SELLPrice: 1.2990Stop Loss: 1.3140Profit Target: 1.2100Instructions:

Please move your stops now to 1.3070.

 

Market: EUR/USD

Current Price: 1.2625

rection: SHORT

Order Type: LIMIT SELL

Price: 1.2680

Stop Loss: 1.2780

Profit Target: 1.2100

Instructions: MOVE YOUR SL TO BREAKEVEN AFTER 70 PIPS PROFIT

 

Please cancel the previous order and place the following trade:

Market: EUR/USD

Current Price: 1.2540

Direction: SHORT

Order Type: MARKET

Price:

Stop Loss: 1.2640

Profit Target: 1.2100

Instructions:

 
SirMcPip:
Please cancel the previous order and place the following trade: Market: EUR/USDCurrent Price: 1.2540Direction: SHORTOrder Type: MARKETPrice: Stop Loss: 1.2640Profit Target: 1.2100Instructions:

Friends, please take note that i have moved the maximum SL for our trade from 1.2640 to 1.2670. The previous stop is sitting too close to a larger Fib level. Also, please leave the profit target open as the projected US Dollar Index target might give us a larger Eur/Usd profit target.

New SL: 1.2670

New Profit Target: OPEN

Current price is 1.2525.