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SMART PIPS - Daily Trade Signals

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  • harsha
    replied
    Usd Chf (a7)
    Sell - 0.9065
    SL - 0.9095

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  • harsha
    replied
    Eur Nzd (a2)
    Sell1 - 1.5790
    Sell2 - 1.5820
    SL - 1.5850

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  • harsha
    replied
    Please note the changes in the levels in todays Nzdusd signal

    Nzd Usd
    Buy1 - 0.8525
    Buy2 - 0.8500
    SL - 0.8470

    new signal

    Aud Nzd (a39)
    Sell1 - 1.1045
    Sell2 - 1.1060
    SL - 1.1090

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  • harsha
    replied
    Nzd Usd
    Buy - 0.8525
    SL - 0.8495

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  • harsha
    replied
    Signals for 29th July

    Usd Jpy (a156)
    Sell1 - 102.00
    Sell2 - 102.30
    SL - 102.60

    Eur Usd (a6)
    Buy1 - 1.3420
    SL - 1.3390

    Gbp Usd (a257)
    Buy1 - 1.6955
    Buy2 - 1.6915
    SL - 1.6895

    Nzd Jpy (a2)
    Buy1 - 87.00
    Buy2 - 86.85
    SL - 86.55

    Cad Chf (a14)
    Buy1 - 0.8355
    Buy2 - 0.8325
    SL - 0.8300

    Aud Cad (a2)
    Sell1 - 1.0155
    Sell2 - 1.0180
    SL - 1.0200

    Happy Pipping
    Harsha

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  • harsha
    replied
    Conclusion for 28th July
    Totally - 8 signals

    Usd Jpy - missed the entry levels
    Eur Usd - missed the entry levels
    Gbp Usd - missed the entry levels
    Gbp Jpy - missed the entry levels
    Nzd Jpy - Trade open - Close in profits
    Cad Chf - missed the entry levels
    Eur Nzd - TP1 (30 pips)
    Aud Cad - Trade open - Close in profits

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  • harsha
    replied
    Usd Jpy (a156)
    Sell1 - 102.00
    Sell2 - 102.30
    SL - 102.60

    Eur Usd (a6)
    Buy1 - 1.3420
    SL - 1.3400

    Gbp Usd (a256)
    Buy1 - 1.6955
    Buy2 - 1.6915
    SL - 1.6890

    Gbp Jpy (a356)
    Buy1 - 172.55
    Buy2 - 172.25
    SL - 171.95

    Nzd Jpy (a2)
    Buy1 - 87.00
    Buy2 - 86.85
    SL - 86.55

    Cad Chf (a14)
    Buy1 - 0.8355
    Buy2 - 0.8330
    SL - 0.8300

    Eur Nzd (a67)
    Sell1 - 1.5745
    Sell2 - 1.5765
    SL - 1.5785

    Aud Cad (a27)
    Sell1 - 1.0155
    Sell2 - 1.0180
    SL - 1.0200

    Leave a comment:


  • harsha
    replied
    Conclusion for 25th July
    Totally - 8 signals

    Usd Jpy - Trade open - Close in profits
    Usd Chf - Missed the entry levels
    Nzd Usd - Trade open - Hold
    Nzd Jpy - Trade open - Hold
    Chf Jpy - Missed the entry levels
    Cad Chf - Missed the entry levels
    Eur Nzd - Trade open - Close in profits
    Cad Jpy - missed the entry levels

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  • Revpanther
    replied
    Originally posted by TedB View Post
    Harsha, with the pairs in your conclusion that are showing TP1 30 pips, does this mean the trades should have been closed when 30 pips in profit? I thought your suggestion was to move the stop to breakeven when 30 pips in profit. At the time of your conclusion, those trades could not be exactly 30 pips in profit.
    Hi TedB, below I've pasted Harsha's guidelines:

    TRADING STYLE :
    Well, trading styles varies from each individual. Every trader, trades in his own style
    TP levels are always measured from the first entry level
    Generally all my signals will give 60 pips ( TP2 level ) On each pair , as per the trend, 2 entry points will be given along with the Stop loss. (+/- 5 pips around the entry points is safe to trade )
    1. TP 1 = 30 pips, TP 2 = 60 pips, TP3=90 pips (From first entry level )
    2. Take a trade on the 1st & 2nd entry points and set the SL and TP.
    3. If Trend reversal occurs, ( 15 pips above/below the 2nd entry level is always a trend reversal ) then please EXIT from both the trades, when the average of both the trades are in minimum profits or at break even or at min losses is also accepted.
    When the price reaches TP1 level, it’s to the trader to decide on:
    a. Close all the position with profits
    b. Move the SL to break even and allow the trade to hit TP2 or TP3
    c. Book profits on half the volume and allow another half trade to hit TP2

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  • TedB
    replied
    Harsha, with the pairs in your conclusion that are showing TP1 30 pips, does this mean the trades should have been closed when 30 pips in profit? I thought your suggestion was to move the stop to breakeven when 30 pips in profit. At the time of your conclusion, those trades could not be exactly 30 pips in profit.

    Leave a comment:


  • harsha
    replied
    Usd Jpy (a124)
    Sell1 - 101.85
    Sell2 - 102.15
    SL - 102.45

    Usd Chf (a124)
    Buy1 - 0.9000
    Buy2 - 0.8965
    SL - 0.8940

    Nzd Usd (a2)
    Buy1 - 0.8575
    Buy2 - 0.8555
    SL - 0.8525

    Nzd Jpy (a23)
    Buy1 - 87.10
    Buy2 - 86.95
    SL - 86.65

    Cad Jpy (a14)
    Sell1 - 94.95
    Sell2 - 95.25
    SL - 95.55

    Chf Jpy (a1)
    Sell1 - 113.00
    Sell2 - 113.30
    SL - 113.60

    Cad Chf (a5)
    Sell1 - 0.8410
    Sell2 - 0.8425
    SL - 0.8450

    Eur Nzd (a12)
    Sell1 - 1.5720
    Sell2 - 1.5740
    SL - 1.5760

    Leave a comment:


  • harsha
    replied
    Conclusion for 24th July
    Totally - 8 signals

    Gbp Usd - Trade open - Close at average break even
    Gbp Jpy - Missed the entry levels
    Aud Usd - TP1 (30 pips)
    Nzd Usd - Trade open - Hold
    Nzd Jpy - TP1 (30 pips)
    Chf Jpy - TP1 (30 pips)
    Cad Chf - Trade open - Close in profits
    Aud cad - TP1+ (30+ pips)


    The only open trade which is in floating loss is Gbp Usd - BUY.
    There is an indication of trend reversal. The strength of buy has weakened as per my charts.
    So, the best what we can do is to close it at average break-even or with min loss

    Harsha

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  • harsha
    replied
    Hi

    As I told before, Forex trading is more of handling the floating losses then making profits. Once we learn “ HOW “ to manage our loss trades, then making profits is an easy job.
    The major problem with my signals is with the open carry forwarded trades.
    In case if there is any signal which is carry forwarded for tomorrow, then first, we shall deal with the open trades and re enter them on the fresh levels. Atleast we shall close the open trades at average break-even or manage to have only 2 or max of upto 3 open trades in that particular pair. Also I have other methods of handling the carry forwarded open trades, From today I will personally assist Mr. Revpanther with my different strategies as per the market conditions and see that we will achieve our daily profit targets.
    I may not post those methodologies/strategies in this thread, but those methods will be applied to manage the trades.
    Till now, In the thread after posting the signals, I am posting the conclusion the next day. But in between them, there are lot of manipulations that happens in the live markets, which I am not able to explain and post them in the thread . thats why lot of traders are not able to manage loss trades and you are in DD.
    It needs lots of care and patience.
    That was the mistake happened in AudNzd trades even though market gave us the chance to exit at almost near to break even. Or we could have reduced the number of open trades.
    Its OK, we learn from our mistakes.
    From today I will not let it happen, and see that we achieve our daily profit targets.

    Happy Pipping
    Harsha

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  • TedB
    replied
    Revpanther, assuming transaction costs are between 1-2 pips per trade and were not deducted from your totals, that still leaves an awful lot of profit per month. Thanks for sharing.

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  • Revpanther
    replied
    Originally posted by The Hobbit View Post
    Thank you Rev. Understand better now. So is this going to be offered on Simple trader copier as an option with a fee or is purely free trades offered here daily to use at your own discretion. Also is there an official Myfxbook account or do any other users apart from RevPanther have one. No offense Rev but yours is too short to draw any conclusions thus far
    Hi The Hobbit, I don't know if anyone else has a myfxbook but I started this one just to trade Harsha's signals and nothing else. After there has been some history built up and proof that the signals are profitable then it will be offered on a copier basis.

    Leave a comment:

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