USDCAD exit — Out with 20 pips, this price action is too choppy for me and I am not convinced it is going down. [Now watch it tank 300 pips.]

FXJake's Free Pips

Explanation — Several people have asked me to explain the trades. They are basically all the same. Price hits support/resistance zone, pauses. I look for price to go to the next (minor) support/resistance zone.

FXJake's Free Pips

Timing of Trades — Hi Gavin Most of my entries are during the early London session, so I think you are awake......unless you are a night security guard. Or, maybe you mean that you are working and don't have time to check charts??? Happy ...

FXJake's Free Pips

USDCAD Trade Entry — Sold at 1.2396 Stop at 1.2520 Profit at 1.2200

FXJake's Free Pips

Trades Tonight during EU — Maybe a short on USDCAD and EURCAD, who knows...... will watch these tonight.

FXJake's Free Pips

EURAUD — Sorry Woodly, I called you "Woody" in the last post. Anyway, this one went pretty far, so I put the stop at +10 pips after it ran in the expected direction over 100 pips. Then I got stopped out. I really thought that it would go down ...

FXJake's Free Pips

EURJPY — As Woody said, this ended up being a loser. Two losers in a row, I can't remember the last time that happened. -133 pips Maybe I need to take a break.

FXJake's Free Pips

88% — Hi Woodlybog Thanks for your interest, wasn't sure if anyone was watching this. I think it more important to be patient than it is to plot the daily support/resistance levels, but I do both. I practice patience as best I can and I plot ...

FXJake's Free Pips

EUR/AUD Sell Trade — EUR/AUD Sold at 1.8164 Profit at 1.7750 Stoploss at 1.8520

FXJake's Free Pips

EUR/JPY Buy Trade Now — EUR/JPY Bought at 131.21 Profit at 133.52 Stoploss at 129.87 Happy Trading!

FXJake's Free Pips

Trading Rationale — Thanks for the kind words Woodlybog, I have about an 88% success rate (verified by an auditing company), but that last trade on the AUD/USD brought that down a bit......bummer. I simply buy on horizontal support and sell on ...

FXJake's Free Pips

AUDUSD trade done — Out of this trade at -115 pips, this isn't going to work out. But there are at least a few other trades I am looking at today, will post them later.

FXJake's Free Pips

AUDUSD short trade — Sold AUDUSD at 0.7195 Stop at 0.7337 Target at 0.7020

FXJake's Free Pips

USDJPY exit — Just closed this at 99.50 for +81 pips

FXJake's Free Pips

USDJPY — Sorry, forgot to post when I put it in........but the trade is still open, the screenshot is from now, but I did short it at 100.31 Sold at 100.31 Target 99.40 S/L 101.49

FXJake's Free Pips

Thanks — Thanks Pete, nice to see someone is enjoying this. Happy Trading FXjake

FXJake's Free Pips

Not yet — Woody Well, not really. I usually post my daily trades on here and I haven't had any in a while. To be honest, you only need a few of these per month to make a good living, so no need to rush them...... Cheers FXJake

FXJake's Free Pips

How long are the trades? — Well, lately they have been more longer term, but usually it is about 1/2 day or maybe a bit more. Sometimes, like this EUR/JPY, they take some time to come ripe. I watch the daily and weekly and try to really fine ...

FXJake's Free Pips

Thanks Baz, nice to know there are some people getting something......

FXJake's Free Pips

EUR/JPY exit — OK, looks like we may have a move up, could be a double bottom, so I am not out of this trade at 129.69 Exited with +163 pips

FXJake's Free Pips