Trailing Stop Loss Problems

by Vahid | Forex Market Analysis and Signals | Monday, January 19th, 2009

Hello :)

All of our Thursday trades are closed now and we made 1171 pips in total. Unfortunately some of the targets were a little far and the price went so close to the target but the returned and triggered the stop losses at breakeven. We didn’t lose on them but we could get our with 150 pips profit in each. This is what I have to consider more. We were us for over 400 pips with GBP/JPY but this one didn’t hit the target and reversed. So I closed it with +327 pips profit.

Unfortunately I can not inform you to close some of the trades on time and you will see that I have already closed them when it can be too late. But it is not a problem. You can monitor the trades and when you see that they become so close to the target but reverse before hitting it, you can close the trade manually.

Today signals will be posted on this page. I will start checking the market at 17:00 EST which is 22:00 GMT. Stay tuned.

Also enjoy the below video:

Announcement (00:01 GMT, 20th Jan): Ok! We are done for tonight. No more orders.

Note:
1. Read the disclaimer before you use the below buy/sell signals.
2. If you have not received the below signals on time, just compare the current price with the entry price and do not take any position if the target is already triggered or the price is close to it.
3. Please note that some of the below signals are pending orders. So read all the explanations carefully before you take any position.
4. Cancel all the pending orders that are not triggered from the previous day.
CP What to Do? Entry Price Stop Loss Trailing Stop Take Profit Results
EUR/USD - - - - - -
GBP/USD Sell (22:04 GMT, 19th Jan) 1.4414 1.4636 80 1.4314 +100
(00:31 GMT, 20th Jan)
USD/CHF - - - - - -
USD/JPY - - - - - -
USD/CAD Buy (22:21 GMT, 19th Jan) 1.2553 1.2274 80 1.2653 0
(09:10 GMT, 16th Jan)
closed by the trailing stop.
USD/SGD Buy (22:27 GMT, 19th Jan) 1.4973 1.4840 30 1.5023 +50
(00:33 GMT, 20th Jan)
USD/NOK - - - - - -
USD/SEK - - - - - -
USD/DKK - - - - - -
EUR/JPY - - - - - -
EUR/CHF - - - - - -
EUR/GBP Buy (22:37 GMT, 19th Jan) 0.9088 0.8935 80 0.9138 +50
(04:28 GMT, 20th Jan)
EUR/AUS - - - - - -
EUR/CAD - - - - - -
EUR/NOK - - - - - -
GBP/JPY - - - - - -
GBP/CHF Sell (22:50 GMT, 19th Jan) 1.6313 1.6695 80 1.6213 +100
(01:16 GMT, 20th Jan)
GBP/AUS Sell (22:54 GMT, 19th Jan) 2.1602 2.2080 80 2.1502 +100
(00:28 GMT, 20th Jan)
GBP/CAD - - - - - -
CHF/JPY - - - - - -
CHF/SGD - - - - - -
CAD/JPY - - - - - -
CAD/CHF - - - - - -
AUS/USD Sell (22:57 GMT, 19th Jan) 0.6657 0.6995 80 0.6557 +73
(09:10 GMT, 16th Jan)
I closed.
AUS/JPY - - - - - -
AUS/CAD - - - - - -
AUS/CHF - - - - - -
AUS/NZD - - - - - -
AUS/SGD - - - - - -
NZD/USD - - - - - -
NZD/JPY - - - - - -
SGD/JPY - - - - - -

Total:

+ 473



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2 Comments:
post a comment
Comment by Dudley
2009-01-20 05:00:13

Hi Vahid

Please tell me what time you place the new signals on this blog? G M T time. I have tried subscribing to your feed , but feed burner keep coming up with an error. I live in South Africa GMT+2. Do you send the signals in time for trading?Thanks for the great website.

Regards
Dudley

Reply to this comment
Comment by Vahid
2009-01-20 06:45:52

Hi Dudley,

It is already mentioned that I start checking the market and posting the signals at 17:00 GMT. You may not receive the email on time because of any reason. You should not wait for it to come because it always come with delay. You should start checking the site at 17:00 GMT.

Of course I do post the signals as soon as I take the position. What advantage it will have for my weblog users if I post them with delay???

Best regards,
Vahid

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