Daily Forex Signals

[aggy]

Conclusion for 17th Feb
Totally 3 signals

Gold - Exited in min profits
Usd Chf - Still Open
Chf Jpy - TP1 Hit

well your sl hit in gold call howcome you're saying that exited in min profit ?

 

[harshaguptha]

well your sl hit in gold call howcome you're saying that exited in min profit ?

Thanks for your observation.

Actually Gold trade was taken in the morning itself and we exited with minimum profits , And we didnt sell it again because of the indication of trend reversal, later on somewhr in midnight it has hit the SL and comming down.

After publishing the signals, each signal will be monitored throughout the day , and in case of any modifications, it will be done personally, which i cant post them here. Only the end result will be posted the next day.

thanks
harsha

 

[harshaguptha]

Eur usd
Sell - 1.3735
SL - 1.3765

 

[Chaplainrick]

Thanks for posting your Daily Signals. I have been following you
for awhile.

Question: Are you setting 30/60/90 TP levels for each entry (when
you have more than one entry for the same currency) or do you use
one set of TP levels for multiple entries - like you do with your Stop
Loss? If you are using one set of TP's, which entry level do you measure
them from - the one furthest from your SL or the one closest to the SL?

I am also curious how you manage so many TP levels. Do you have an
EA or other software that automatically closes partial profits or do you
do that manually?

Chaplainrick

 

[harshaguptha]

Conclusion for 18th Feb
Totally 6 signals

Usd Jpy - TP1 Hit ( 30 pips )
Nzd Jpy - TP2 Hit ( 60 pips )
Gbp Jpy - TP3 Hit ( 90 pips )
eur usd - SL Hit
Usd Chf - Exited with min loss
Cad Jpy - Missed the entry level

 

[harshaguptha]

Nzd Usd
Buy1 - 0.8275
Buy2 - 0.8250
SL 0 0.8220

Cad Chf
Buy1 - 0.8100
Buy2 - 0.8080
SL - 0.8050

Aud Chf
Buy1 - 0.8000
Buy2 - 0.7975
SL - 0.7945

 

[harshaguptha]

Thanks for posting your Daily Signals. I have been following you
for awhile.

Question: Are you setting 30/60/90 TP levels for each entry (when
you have more than one entry for the same currency) or do you use
one set of TP levels for multiple entries - like you do with your Stop
Loss? If you are using one set of TP's, which entry level do you measure
them from - the one furthest from your SL or the one closest to the SL?

I am also curious how you manage so many TP levels. Do you have an
EA or other software that automatically closes partial profits or do you
do that manually?

Chaplainrick

Hi
Thanks for ur Query.
I am a Technical Analyst and i just provide signals.
All my clients have their own trading styles.

Generally what i suggest is

1. To exit the trades for 60 pips profits from the first entry level. we wait till night to hit the 60 pips ( TP2 ) target. If not then the trade will be carry forwarded for the next day. even after 24 hours if it has not hit our TP2 level, thn we will close at TP1 level. when the price comes near TP2 level, Some traders will set the TP to TP3 lvl and wait for some time to hit it.

2. once the price comes to TP1 level profits, to be on a safer side, we will set the SL to Break even and leave the trades to hit TP2 lvl.

thanks
Harsha

 

[Chaplainrick]

Thanks for the quick reply. I assumed as much but wanted to
check with you to be sure. Thanks again for the Daily Signals.
I will continue to follow.

 

[harshaguptha]

Eur Cad
Sell - 1.5145
SL - 1.5175

 

[harshaguptha]

Conclusion for 19th Feb
Totally 4 signals

2 signals - missed the entry lvls
Aud Chf - TP1 hit
Eur Cad - SL Hit