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Elliott Wave Trade Ideas Performance Update Print E-mail
Signals Performance | Written by Action Forex | Dec 19 16 17:09 GMT
Despite making 350 points profit in EUR/JPY in the past 2 weeks, the long position we entered late last week at 123.05 did not perform accordingly, euro topped out at 124.10 and met renewed selling interest at 123.64, price then dropped again today, the position was stopped at 122.55 as price slipped below 122.00 level.

We sold USD/CAD last week at 1.3250 but the rebound from last week's low at 1.3081 turned out to be much stronger than expected after Fed, the position was stopped at 1.3310 as the pair rallied to as high as 1.3417.

In short, 2 positions were squared last week with total loss of 110 points and the positions are listed below.


15 Dec : USD/CAD - Short at 1.3250, exited at 1.3310 (- 60 points)
19 Dec : EUR/JPY - Long at 123.05, exited at 122.55 (- 50 points)



|                 AUD        EUR/JPY       EUR/GBP         CAD
Jan            +170         +200           + 100             - 80
Feb            - 40            -110             -  65           +191
Mar            -100           +172            -  40            +140        
Apr               0              - 60              - 28            + 75      
May           +125          +150             - 30             +277
Jun            +127           +315            + 50              -60
Jul             -  50            +110             + 140          -120
Aug           + 30            - 5              +200             - 15
Sep           - 38             + 30             + 60            -145    
Oct            + 25             - 80             +145            - 77
Nov          +135            - 65             +115              - 90
Dec                             +300                                 - 60
Y-T-D       +384           +837             +647             + 36

 

About the Author

Candlesticks Intraday Trade Ideas Update Schedule (GMT):
1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530
Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT):
AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500 GMT

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