Tag Archive Trade

German DAX Trade




Looking at the DAX to be slowly gaining some ground, we’d entered the trade on the DAX on the up move.

We did have some data out this week regarding the Euro, German Prelim GDP q/q, German ZEW Economic Sentiment and the Final CPI y/y which can have an effect on the DAX strength.

Looking at the chart we could see price entering an area we believe could have some more sellers and even in to the 13200 area, we were in good profit on the trade and didn’t want to risk a pullback.

We closed the trade and made some money for the fund.

DAX Trade

(Our trading and image was done using an account with UK based broker IG)

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*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Taking Profit on GBPCAD before a downturn




We went in to the trade to profit on the GBPCAD with possible strength gain for the trade, however with recent news about the unlikely rate hike at the BoE on Thursday, this may mean the GBP weakening.

We had a long position in an area of buyers around the 17400 mark, we could have waited for the retracement to complete at the area of sellers at around the 18000 area, however with news due out later today on the UK  10-year bond auction and the BRC Retail Sales Monitor looking like a reduction in the value of same-store sales the GBPCAD might not manage to reach the mark.

Instead we took our profit before the downturn continues.

gbpcad

(Our trading and image was done using an account with UK based broker IG)

If you want to learn how to make money online, then click here to learn about one of our Traders

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Scalp Trade on GBPUSD




So not the trade we were hoping for with a trade on GBPUSD.

We did hope for further momentum to the upside to the area of 13800 however we took notice of some factors which may mean the  bearish trend is expected to prevail for a while.

In the economic news, on Tuesday the Fed Chair Jerome Powell Speaking at the High Level Conference on the International Monetary System in Zurich and on Thursday the Bank of England Gov Mark Carney will be delivering the BoE decision on Interest Rates, though we are seeing a shift in expectations and the likelihood for the BOE to raise rates are looking rock bottom, and we’ve seen the big shift in the chart.

The trend is still looking at the downside and may not break the previous lows but we could still be in for an extended period of a downtrend.

So we’ve settled on a quick scalp trade, still £27.60 if still profit for the fund.

trade

(Our trading and image was done using an account with UK based broker IG)

If you want to learn how to make money online, then click here to learn about one of our Traders

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Correlation trade on GBPUSD and FTSE 100 12th Oct +£52.10 Profit

A representation of how correlation works. As the value of pound rises, the FTSE 100 decreases in value, and why? Well because assets require more purchasing power when the pound decreases in value. Aiming for 13180 as a trade target but we were happy with current profit so closed out. However, in hindsight, we should have held for a little bit longer because it absolutely smashed through our target and is in the 133 area.

FTSE

(Our trading and image was done using an account with UK based broker IG)

If you want to learn how to make money online, then click here to learn about one of our Traders

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Crude Oil (WTI) Long 12th September 2017 +£32.60

A Very Simple Before & After

So I’m just going to show you a simple Crude Oil (WTI) Long trade that I had taken on the week of the 11th of September.

You can see that I’m on a daily time frame for this one, as it best describes what’s happening in a bigger picture.

So using a daily time frame can paint a larger picture for what’s happening. As you can see, 3 days before I entered a quick scalp there was a huge fall in price (150+ pips). I discerned 1 one thing after this big drop.

There had to be a natural pullback at some point as people begin to take their profits. I remained patient and calm and I carefully picked my entry 3 days later, which was pretty much at the lows of the day.

US CrudeUS Crude Oil

 

(Our trading and image was done using an account with UK based broker IG)

If you want to learn how to make money online, then click here to learn about one of our Traders

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




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