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Published January 7, 2016

NZDJPY exit position

NZDJPY Sell 2
NZDJPY Sell 2

I have exited from my position of NZDJPY and the gain is around 350 pips. With the stop loss only 60 pips, if the risk is 3%, with the proper money management the profit will be 350 / 60 = 5.83 x 3% = 17.5%. This is quite high result. It is a very good result for the first year.

We normally set monthly profit target 7.5% to 12.5%, if we can achieve it early, then we do not trade for the whole months. It means I might not trade again for this month.

I am seeing potential correction at the moment.

If you see the “Candle stick”, that’s the candle stick for exit. The signal that the trend has ended.

 

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Published January 5, 2016

NZDJPY & EURUSD result – Forex Trading Strategy

result forex trading strategy
result forex trading strategy

 

This is the result so far of the 2 trades I made. NZDJPY is 219 pips and EURUSD 100 pips. If we are using the risk = 3% with proper money management:

NZDJPY with SL 60 pips, it shall make you 219 / 60 = 3.65 x 3% = 10.95%

EURUSD with SL 25 pips, it shall make you 100 / 25 = 4     x 3% = 12%

So the profits will be 22.95%.

It is more than enough to stop trading for the whole months.

Do you know how if it hits the Take Profit (TP)? It is still half of its journey.

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Published January 4, 2016

NZDJPY on Downtrend Forex Trading Signal

NZDJPY Forex Trading Signal
NZDJPY Forex Trading Signal

NZDJPY on daily chart shows a fibonacci level, and resist at 50% 82.41. It broke the up trend line today, and so the trades is triggered.

Sell NZDJPY at 81.72

TP 75.52 (Final)

SL 82.31

So The stop Loss is only 60 pips. Lock it when it reach +60 Profit. So the trade will be Risk Free.

At the moment I write this signal, the trades already running in profit by 20 pips.

 

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