Detailed Position

Detailed Position

Back
Id Symbol Company Name Signal Entry Target Stop Loss Status Pips Made
57 AUDUSD FOREX Sell 9470 Open Target 9470 Closed 185

Recent Position Updates

7/31/2014 5:54:16 AM
Closing for now at 9285.

Position Graph
7/7/2014 1:15:28 AM
Some of our Gold members made 120 and closed all and some still holding it. We don't claim to know the future neither do we have a holy grail for trading. We trade the Odds. So take profit where it suits you. We brought SL to break even just in case this decides to go up towards 9600 area. We can always re-enter. Thats the good part of trading. Most of our positions are in profit. Seems like we are going to have a great month.

Position Graph
7/3/2014 2:19:24 AM
Bringing stop loss to 9470. around our entry level. These are big position trades but we will take profits around 9250-70 and again evaluate the configuration.

Position Graph
7/1/2014 10:13:22 AM
Now the price is in our desired short area again, as said before we are adding another position here at 9500 area. Now our average entry price is 9470. As a position trade the SL is not that big about 120 pips but reward can be really high.

Position Graph
6/23/2014 2:10:30 AM
These are position trades and as we said it on our charts that there are no perfect entries for these sort of trades. You need to start building your position by scaling in and scaling out. We don't want to miss our entry by 20-30 pips, so just take small short and keep some ammunition for later to add to the position if it decides to bounce and get to 9500issshh area. Patience and conviction needed for these trades.

Position Graph
6/22/2014 11:45:29 PM
We are going to consider this as a position trade. We are going to risk 90-120 pips to make between 300-800 pips. With these sort of trade there are no perfect entries. Try shorting it on spikes like today. But the ideal area to enter will be between 9480-9510. For our own account we have already taken a small position, and will add to it on spikes. This trade should last till September. So try trading it also.

Position Graph