FXjake's Free Pips

[FX_jake]

Hello Fellow Traders:


I have been trading forex for about a decade now, and I have been quite profitable for many years. For instance, last month I didn't have a loser, and I made over 800 pips, trading only a few times (8 trades).

You don't have to trade a lot to make good money, you can have a life too.

Follow along if you want, and see for yourself. Enjoy the ride!


Cheers

FXjake

 

[FX_jake]

CHFJPY Trade

I will probably take a short on the CHFJPY during the European session.

Right now during the Asian session it is trading around 79.64

Target: 77.60
Stop: 82.05

 

[FX_jake]

Chfjpy

I will probably take a short on the CHFJPY during the European session.

Right now during the Asian session it is trading around 79.64

Target: 77.60
Stop: 82.05

Short from 79.25

 

[FX_jake]

Chfjpy

Short from 79.25

This has come back waaaaay too much, so I am exiting at +35 pips.

 

[Moxy9]

This has come back waaaaay too much, so I am exiting at +35 pips.

Nice trade Jake. It droped big time today but hey... 35 pips in the bank !!

 

[FX_jake]

CHFJPY exit

Nice trade Jake. It droped big time today but hey... 35 pips in the bank !!

I always get bummed on those trades. They happen, though. It's tough to know when one is going to run hard, or when they are turning around. That time it was just a severe retracement.

Ohh well.

 

[FX_jake]

Several Trades on Tap

There are several ripe for tonight, as I 'see' it.

The orders are in, I promise to try and be more patient with the second lot

[See attachment]

 

[FX_jake]

Never Triggered

There are several ripe for tonight, as I 'see' it.

The orders are in, I promise to try and be more patient with the second lot

[See attachment]

These didn't click in, so ......... have a great weekend!

 

[FX_jake]

Nzdusd

Will try to buy the NZDUSD around 0.5090 on the open next week and shoot for a profit target of 0.5200


order to enter: 0.5090

stop: 0.4998

target: 0.5200

 

[FX_jake]

nzdusd exit

Will try to buy the NZDUSD around 0.5090 on the open next week and shoot for a profit target of 0.5200


order to enter: 0.5090

stop: 0.4998

target: 0.5200

Out at +5 (basically breakeven), just missed the profit target by a few pips........

 

[FX_jake]

usdcad short trade

Short from 1.2845
Stop 1.2990
Target 1.2560

 

[FX_jake]

USDCAD short exit

Short from 1.2845
Stop 1.2990
Target 1.2560

I have exited with +10 pips. This trade has slumbered along for too long for me to justify holding it.

 

[FX_jake]

usdjpy long

Long from 98.55
Stop at 96.50
First target 99.50

 

[FX_jake]

usdjpy - EXIT

Long from 98.55
Stop at 96.50
First target 99.50

This went for +60 pips.

 

[FX_jake]

usdchf long entry

Long from 1.1645
Profit at 1.1755
Stop at 1.1420

 

[FX_jake]

USDCHF exit

Long from 1.1645
Profit at 1.1755
Stop at 1.1420

+110 pips

 

[FX_jake]

CAD/JPY entry

Buying CAD/JPY at 76.70

Stop at 73.95

Take profit at 78.66

 

[FX_jake]

CAD/JPY exit

Buying CAD/JPY at 76.70

Stop at 73.95

Take profit at 78.66

Exited at 77.60 for +90 pips

 

[FX_jake]

EUR/JPY sell trade

I have taken a short on the NZD/USD, the NZD/JPY and now the EUR/JPY.

Since the NZD/USD and NZD/JPY trades have already gone into profit many pips, I will simply post the EUR/JPY trade since the price is still hovering around the entry.

Sell EUR/JPY at 131.32
Target 128.90
Stop 134.60

 

[FX_jake]

EUR/JPY stop moved

Sell EUR/JPY at 131.32
Target 128.90
Stop 134.60

The stop has been moved to +10 pips since this has fallen so far...