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ForecastCity
Mar 2, 2018 4:00 PM

AUDCHF weekly update:Total profit 3572 pips in 27 days Short

Australian Dollar/Swiss FrancFXCM

Description

New trading suggestion:
There is possibility of temporary retracement to suggested resistance line (0.746), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

Total Profit: 3572 pip
Closed trade(s): 1070 pip Profit
Open trade(s): 2502 pip Profit

Trade Setup:
We opened 11 SELL trade(s) @ 0.7658 (day close price) based on 'Peak' at 2018.01.23 signaled by our "Daily Trading Opportunity".


Closed Profit:
TP1 @ 0.7610 touched at 2018.01.24 with 48 pip Profit.
TP2 @ 0.7545 touched at 2018.01.25 with 113 pip Profit.
TP3 @ 0.7460 touched at 2018.02.01 with 198 pip Profit.
TP4 @ 0.7330 touched at 2018.02.05 with 328 pip Profit.
TP5 @ 0.7275 touched at 2018.02.08 with 383 pip Profit.
48 + 113 + 198 + 328 + 383 = 1070 pip

Open Profit:
Profit for one trade is 0.7658(open price) - 0.7241(current price) = 417 pip
6 trade(s) still open, therefore total profit for open trade(s) is 417 x 6 = 2502 pip

Trade closed: target reached

End of Downtrend

Total Profit : 2055 pip
Total Closed Profit(s) : 2055 pip Profit
Open trade(s) : 0 pip Profit

Trade Setup :
We opened 10 SELL trade(s) @ 0.7658 (day close price) based on 'Peak' at 2018.01.23 signaled by our "Daily Trading Opportunity".

Closed Profits :
TP1 @ 0.7610 touched at 2018.01.25 with 48 pip Profit.
TP2 @ 0.7545 touched at 2018.01.25 with 113 pip Profit.
TP3 @ 0.7460 touched at 2018.02.01 with 198 pip Profit.
TP4 @ 0.7330 touched at 2018.02.05 with 328 pip Profit.
TP5 @ 0.7275 touched at 2018.02.09 with 383 pip Profit.
48 + 113 + 198 + 328 + 383 = 1070 pip

Recent Closed Profits :
Profit for one trade is 0.7658(open price) - 0.7461(current price) = 197 pip
5 trade(s) closed at market price as trend direction is changed, therefore total profit will increase by 197 x 5 = 985 pip
Comments
Koorosh_FX
Excellent!
ForecastCity
@Koorosh_FX, Thanks
Forecast_Crypto
It is Awesome!
Aqua_Trader
lovely forecast! However I do think we'll start seeing higher highs in the long term. What's your opinion?
Olu
Well done on these trades. Well done indeed
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