Delivered
Forex Trading Signals

Week March 20-26 2011

Back to Weekly Review

2:57am ET (6:57am London)

Good Morning London! Hope you all have a wonderful weekend. Let's now have a good week of trading. Today on the Supertrend system, we are looking at Buying Long EUR/USD and GBP/USD. Price is still under the MoneyLine2 4-hour chart, so we will be Selling short GBP/CHF. At this time there are no valid entries. Markets remain volatile, so I expect some action soon.
3:30am ET
Mar 21

Supertrend trade alert

Buy to OPEN GBP/USD at Market
Filled 1.6235
SL 1.6134 (101pips)
TP 1.6333 (98pips)
5:05am ET
Mar 21

SuperADX trade alert

Buy to OPEN GBP/JPY at Market
Filled 131.89
SL 130.96 (93pips)
TP 132.90 (101pips)

Sell to OPEN CHF/JPY at Market
Filled 89.57
SL 90.43 (86pips)
TP 88.47 (110pips)

These trades are based on the SuperADX "Big Move Ahead" red bar
30min charts.
8:30am ET
Mar 21

Supertrend trade alert

Buy to OPEN EUR/USD at Market
Filled 1.4179
SL 1.4040 (139pips)
TP 1.4295 (116pips)
8:37am ET
Mar 21

SuperADX trade alert

Sell to OPEN USD/CHF at Market
Filled .9043
SL .9108 (65pips)
TP .8970 (73pips)

This trade is based on the SuperADX "Big Move Ahead" red bar 30min
chart.
Mar 21

Supertrend exit update

We closed our Supertrend trades at 4pm ET (NY Close):

LONG EUR/USD at 1.4220
Out +41pips

Long GBP/USD at 1.6310
Out +75pips

No trade today on GBP/CHF

Updated Supertrend track record here:
http://fxcoaching.com/supertrend-forex-trading-signals-track-record.php


We currently have three open positions with the SuperADX system, they are:

Long GBP/JPY from 131.89
Short CHF/JPY from 89.57
Short USD/CHF from .9043

Updated SuperADX track record here:
http://fxcoaching.com/superadx-forex-trading-signals-track-record.php


Success trading!
11:04pm ET
Mar 21

SuperADX trade alert

Buy to OPEN USD/JPY at Market
Filled 80.97
SL 80.45 (52pips)
TP 81.95 (98pips)

This trade is based on the SuperADX "Big Move Ahead" red bar 60min
chart.
2:50am ET (6:50am ET)
Mar 22

Good Morning London!  Today with the Supertrend system, we are
looking at Buying long EUR/USD and GBP/USD.  The GBP/CHF is still
under the 4HR trendline providing direction to Sell short only.  No
valid entry signal at this time, and will alert once something
triggers!
3:06am ET
Mar 22

Supertrend trade alert

Buy to OPEN EUR/USD at Market
Filled 1.4234
SL 1.4137 (97pips)
TP 1.4337 (103pips)
3:31am ET
Mar 22

Supertrend trade alert

Buy to OPEN GBP/USD at Market
Filled 1.6317
SL 1.6245 (72pips)
TP 1.6415 (98pips)
6:01am ET
Mar 22

SuperADX Exit Update

Adjust Long GBP/JPY target to 132.80
6:07am ET
Mar 22

Target reached on Long GBP/JPY at 132.80
Out +91pips

Price was struggling to pierce .886 Fibonacci Resistance 120min chart.  See chart image.  Best to take profit here. =)
6:21am ET
Mar 22

Supertrend exit alert

Sell to Close long GBP/USD at Market
Filled 1.6387
Out +70

We have the same resistance condition.  Best to take profit here.
Mar 22
7:22pm

Supertrend Update

We closed our Long EUR/USD at 4pm (NY Close) at 1.4198
Out -36pips

The GBP/USD Long closed earlier for a profit of +70pips

No trade today on the GBP/CHF.


SuperADX Update

We have the following three positions open.  All three are near
breakeven threading sideways:

Long USD/JPY from 80.97
Short CHF/JPY from 89.57
Short USD/CHF from .9043
8:03pm ET
Mar 22

SuperADX trade alert

Sell to OPEN AUD/CAD at Market
Filled .9908
SL .9937 (29pips)
TP .9879 (29pips)

This counter-trend trade is based on the SuperADX purple-tipped
reversal signal 30min chart.
3:00am ET (7am London)
Mar 23

Good Morning London!  Today with the Supertrend system we are
looking at taking longs on both EUR/USD and GBP/USD.  The GBP/CHF
is on the cusp of trend change, but is still on the short side of
the trendline.  Markets are a little choppy now though I suspect a
Buy on the GBP/USD soon.
3:28am ET
Mar 23

Supertrend trade alert

Sell to OPEN GBP/CHF at Market
Filled 1.4746
SL 1.4855 (109pips)
TP 1.4645 (101pips)
5:47am ET
Mar 23

Supertrend trade alert

Buy to OPEN EUR/USD at Market
Filled 1.4184
SL 1.4137 (47pips)
TP 1.4245 (61pips)
8:45am ET
Mar 23

Supertrend exit alert

Target reached on Short GBP/CHF at 1.4746
Out +101pips

We stopped out on Long EUR/USD at 1.4137
Out -47pips

No trade today on GBP/USD.
8:45pm ET
Mar 23

SuperADX exit alert

Buy to Close USD/CHF at Market
Filled .9079
Out -36pips

The big move we expected resulted in a large whipsaw.  Let's get
out here with a small loss.

Buy to Close CHF/JPY at Market
Filled 89.17
Out +40

We received a white exit bar 30min chart.


We also stopped out earlier today our short AUD/CAD at .9937
Out -29pips

We have one open positions.

Long USD/JPY from 80.97
currently at breakeven
10:34pm ET
Mar 23

SuperADX trade alert

Sell to OPEN USD/CAD at Market
Filled .9819
SL .9856 (37pips)
TP .9750 (69pips)

This trade is based on the SuperADX "Big Move Ahead" red bar 30min
chart.
12:05am ET
Mar 24

SuperADX trade alert

Sell to Open CAD/JPY at Market
Filled 82.45
SL 83.08 (63pips)
TP 81.15 (130pips)

This trade is based on the SuperADX "big move ahead" red bar signal
30min chart.
3:00am (7am London)
Mar 24

Good Morning London!  Today with the Supertrend system, we will
look at buying long EUR/USD and GBP/USD.  The GBP/CHF is still on
the cusp of trend change so either break to the upside or downside
can set us up for an entry.  For the moment, nothing is giving us a
valid entry.
4:00am ET
Mar 24

Supertrend trade alert

Buy to OPEN GBP/CHF at Market
Filled 1.4788
SL 1.4716 (72pips)
TP 1.4882 (94pips)
5:01am ET
Mar 24

Supertrend trade alert

Buy to OPEN EUR/USD at Market
Filled 1.4107
SL 1.4050 (57pips)
TP 1.4198 (91pips)
6:32am ET
Mar 24

SuperADX trade alert

Buy to OPEN EUR/CAD at Market
Filled 1.3798
SL 1.3758 (40pips)
TP 1.3841 (43pips)

This counter-trend trade is based on the TrendWave/BullsEye
reversal signal 30min chart.
6:58am ET
Mar 24

Supertrend trade alert

Sell to OPEN GBP/CHF at Market
Filled 1.4730
SL 1.4824 (94pips)
TP 1.4635 (95pips)


Trade rule change:  If neither target or stop is reached, we will
close out GBP/CHF at NY Close (4pm ET), same as EUR/USD and
GBP/USD.  This change is permanent and effective immediately.
2:30pm ET
Mar 24

Supertrend Update

Target reached on Long EUR/USD at 1.4198
Out +91pips

Target reached on Short GBP/CHF at 1.4635
Out +95pips

We stopped earlier on Long GBP/CHF
Out -72pips
Including this loss, we have a net gain of +23pips with the GBP/CHF
today.


SuperADX update

Target reached on Long EUR/CAD at 1.3841
Out +43pips

Target reached on Short USD/CAD at .9750
Out +69pips

Stopped on Short CAD/JPY at 83.08
Out -63pips

We currently have one open position, it is:
Long USD/JPY from 80.966 (currently breakeven)

In all, a very good day =) In fact, an excellent month.  Keep in
mind that these are NON-HYPOTHETICAL results. (Broker statement
screenshots will be posted this weekend).  We are currently sitting
at +343pips for the month on SuperADX and +703pips on the
Supertrend system.  Here's the link to the track records:
http://fxcoaching.com/supertrend-forex-trading-signals-track-record.php
http://fxcoaching.com/superadx-forex-trading-signals-track-record.php

I am also working on establishing "auto-trading" for those that
prefer managed accounts.  I understand that much of my trading
happens during prime sleeping time for our U.S. based customers
(not intentional, but that is when Forex profits are to be made).
With auto-trading, you can shadow trade my account and never miss a
trade.  You'll get my same fills on every trade.  I'll provide more
info soon.
2:50am ET (6:50am London)
Mar 25

Good Morning London!  Today on the Supertrend system, we are
looking at Buying Long EUR/USD.  The GBP/USD and GBP/CHF is below
the 4-hour MoneyLine2, therefore we're selling short at first
setup.  The EUR/USD is looking ripe for an entry soon, so lets stay
near our computers.  Also the GBP/USD is looking like a sell soon.
We need a further breakout to the downside to confirm.
3:00am ET
Mar 25

Supertrend trade alert

Buy to Open EUR/USD at Market
Filled 1.4190
SL 1.4142 (48pips)
TP 1.4277 (87pips)
4:56am ET
Mar 25

Supertrend trade alert

Sell to OPEN GBP/USD at Market
Filled 1.6080
SL 1.6155 (75pips)
TP 1.6005 (75pips)
9:51am ET
Mar 25

Trade Update

We currently have two open positions:

Supertrend:
Short GBP/USD from 1.6073

SuperADX
Long USD/JPY from 80.97

Both of these trades should be manually closed out at NY Close (4pm
ET), if target or stop has not been reached.  As of last week, we
no longer hold positions over the weekend.
Correction:
Our GBP/USD open position is Short from 1.6080
We have a target at 1.6005
stop loss 1.6155
Currently trading 1.6056
4:30am ET
Mar 25

Trade Update

We closed both our open trades at 4pm ET (NY Close).

Short GBP/USD at 1.6025
Out +55pips

Long USD/JPY at 81.43
Out +46pips

We are currently FLAT with no open or pending positions.  Have a
wonderful weekend.  We'll see you back here Sunday evening =).

Back to Weekly Review