Forex Trades with TP and SL provided

Hi,

I would like to post some of my signals / entries here.

Basically it would be FREE. Updated daily in this thread.

Pairs covered would be the major pairs.

There will be RISK with these signals, and any losses will be borne by the user.

Thank you.

PS: Pls check out this thread often to get the signals.

oh good then........

i will check it everyday............and pls post your exit signal too

I wish you the best with your signals... and hope you accumilate a steady stream of pips.

Great, this should be interesting. So how has your recent past faired in equity growth???????

can you provide us with some insight about your system?

yeah,sound interesting if something free.......

HAHAHAHA man finally u started journal also. All the best.

Good luck henry, keep shorting.. LOL

thanks Harol I am with u every day !

1. 16 July 2007
OPEN USD/JPY SHORT @ 121.90
1st Target = 121.55
2nd Target = 121.05
Stop Loss = 121.40

Normally I would open a bigger lot for the 1st lot and a smaller lot for the 2nd lot to chase the 2nd target.

Example.

0.3lot short @ 121.90 for 121.55 TP and 0.1lot short @ 121.90 for 121.05 TP

2. 16 July 2007
OPEN EUR/USD LONG @ 1.3762
1st Target = 1.3792
2nd Target = 1.3832
Stop Loss = 1.3732

3. 16 July 2007
OPEN USD/CHF SHORT @ 1.2028
1st Target = 1.1998
2nd Target = 1.1948
Stop Loss = 1.2058

Hi.
Not to ruin the party, but:
I'd recommend everyone not to try and copy someone else's trades.
Putting aside the fact that some of them are posted after the entry was made (i.e. price has come and gone which most likely ends up in newbies simply chasing an already late price), there's just no advantage of blindly copying someone else.

You learn zero, you have no idea about the risk, system or decision making process and in this case there's no history or 3-5 year equity curve provided, either.

Sorry henrycarol, just trying to paraphrase: "this should be viewed a s a journal, not a free signal provider"

Just my opinion / warning, not trying to be insulting.

I just want people to actually end up making money in this because they know what they're doing and all this sort of stuff(copying others blindly without knowing who what when where why) is inherently risky.

As for the journal as a journal in and of itself (as in it's purpose for you to keep track of your trades and optimize them), I wish you good luck on your journey and hope that all your trades turn out well for you

Take care,

SeekingLight

4. 16 July 2007
OPEN EUR/JPY SHORT @ 167.90
1st Target = 167.50
2nd Target = 167.10
Stop Loss = 168.30

Signal Results

2. 16 July 2007 (HIT 1st Target and Profit 30pips)
OPEN EUR/USD LONG @ 1.3762
1st Target = 1.3792
2nd Target = 1.3832
Stop Loss = 1.3732

3. 16 July 2007 (HIT 1st Target and Profit 30pips)
OPEN USD/CHF SHORT @ 1.2028
1st Target = 1.1998
2nd Target = 1.1948
Stop Loss = 1.2058

Total Pips this week : 60pips.
Total Pips this month: 60pips.

5. 16 July 2007
OPEN CHF/JPY SHORT @ 101.38
1st Target = 101.08
2nd Target = 100.80
Stop Loss = 101.60

Nice doin henrycarol, keep posting, keep going, and we will know your performance. If someone shout this signal or journal, that's their problem not yours.

Thanks mate.

Hrrm still waiting for u/j short to hit target. Nearly did.....just missed by 2 pips. Geez.

Great job henrycarol!
I took your usdchf and usdjyp trades. Both hit first target. Thanks
Got a couple of questions:
1. does your TP include spread or should it be calculated into it?
2. when do you decide to close on second target if it does not hit - do you trail the stop?


Thank you

Hi, glad you are happy with my signals

As for your questions.

1. my TP doesn't include spread. Like on my MT4 charts. My TP on u/j did not hit my TP of 121.55 because of the spread eventhough lowest on the chart was 121.55

2. Normally 2nd position which is smaller than the 1st position, I would let it run to collect more pips such as 80-150pips. However you can always put the SL on the profit.

Example if the profit is like 50pips already, you can set the SL on profit for 15pips. So if the market suddenly retraces or moves the opposite way, your 2nd position will still close in profit. However this should be done according to your risk appetite.