FX Renew Trading Tribe Members,

Last week was a positive week on the signals gaining 1.28R*. Unfortunately we just got stopped out by a few pips on our short AUDUSD position. For our swing trades we had a good sized winner short USDCAD and a loser on the GBPUSD.

Steve had another good week again on the short-term signal with three winning trades and no losers.

We have two new pending orders to place today (below).

Blog post this week

Forex Trading Opportunities for the Week Ahead 3 May 2015

Video: Forex Trading Opportunities for the Week Ahead 04 May 15

Multiple Exit Rules – Exit Strategy 1&2 in Van Tharp’s Thoughts Newsletter

Trade the “Cards as They are Dealt”

Please let me know any topics you would like me to write about this week in the comments section.

Strategy Notes

Strategy Note: 4 May; weekly outlook.

Strategy Note: Short-term trading 29 April 15

Pending Orders

Forex Signal: Sell Limit GBPJPY

Forex Signal: Buy Limit: EurAud

Current positions

None

Closed positions

GBPUSD -100 pips or (-1R)

GBPUSD  Avg +34 pips (+0.46R)

USDCAD +89 pips (+1.97R)

AUDUSD -245 pips (-0.5R)

USDJPY Avg. +14 pips(+0.15R)

AUDUSD Avg. +15 pips (+0.20R)

*1R = 1 times our risk on the trade. For example if you risked 1% of your account and you made 2R you would have a 2% profit. To learn more you can click here.