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Thursday, August 4, 2011

18th - 21st July - DDFX on EURUSD : 31 pip profit


There were a bunch of trades using the DDFX system for the EURUSD forex pair between the 18th and 21st July.

I personally find that the hourly timeframes suit me and I can't comment on the other templates which are provided (15 and 5 mins)

Anyway, on the 18th we had a long trade, the trend indicators were blue and I go two arrows which were enough for me to go long. The market however didn't move much before it fell and I ended up taking a 34 pip loss.

The next opportunity came about on the 20th July for me. I saw this move as a continuation of the upward trend despite there being some chop (one of which stopped us out) so I entered despite only one up arrow. There was a nice run and I got out when I saw the first down arrow for a 65 pip win.

Total profit 31 pips, not fantastic but a profit.

To visit DDFX Click Here

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