Delivered
Forex Trading Signals
Week July 24-30 2011
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7:30pm ET
Jul 24
Sell to OPEN GBP/CHF at 1.3240 sell stop
(currently trading 1.3272)
SL 1.3386 (146pips)
TP 1.3005 (235pips)
Trade is based on 240min chart. |
2:15am ET
Jul 25
Trade Update
We have three (3) open positions:
Long CHF/JPY from 95.87
(currently 96.78)
Short EUR/USD from 1.4346
(currently 1.4365)
Short GBP/CHF from 1.3240
(currently 1.3206)
Cancel any and all Pending trades. |
3:15am ET
Jul 25
Target reached on Long CHF/JPY at 96.98
Out +111pips |
4:14am ET
Jul 25
Sell to OPEN USD/CAD at .9497 sell stop
(currently trading .9506)
SL .9560 (63pips)
TP .9410 (87pips)
This with-the-trend trade is based on 60min chart. |
4:50am ET
Jul 25
We have filled USD/CAD short at .9497 |
9:11am ET
Jul 25
Trade Update
Current Positions:
Short EUR/USD from 1.4346
(currently 1.4369)
Short GBP/CHF from 1.3240
(currently 1.3093)
Short USD/CAD from .9497
(currently .9468)
There are no pending positions.
Our current short gbp/chf is looking good with target feasible
today. EUR/USD is also looking good, though negative at the
moment. our usd/cad short also sitting nicely with lots of
downside potential.
We have had a couple more entry signals trigger, but due to
continued sideways choppy price action, we sitting on the sidelines
with these new signals. A good clue when not to trade is when our
MoneyLines moving averages have converged and flatlined together. |
10:23am ET
Jul 25
Buy to OPEN USD/CHF at .8063 buy stop
(currently trading .8056)
SL .8010 (53pips)
TP .8190 (127pips)
Trade is based on 60min chart. |
10:38am ET
Jul 25
Sell to OPEN CHF/JPY at Market
Filled 97.15
sL 97.52 (37pips)
TP 96.27 (88pips)
Trade is based on 60min chart. |
10:48am ET
Jul 25
Buy to Close GBP/CHF at Market
Filled 1.3109
Out +131pips
Price action looking north. Let's take profit here. |
9:58pm ET
Jul 25
We stopped out Long USD/CHF at .8010
Out -53pips
Track record updated and current:
http://tinyurl.com/3gk878w |
10:10pm ET
Jul 25
We stopped out Short CHF/JPY at 97.52
Out -37pips
A couple price spikes took us out. Price retracing back to prior levels.
Track record updated and current:
http://tinyurl.com/3gk878w |
10:16pm ET
Jul 25
Buy to OPEN NZD/USD at .8682 buy stop
(currently .8660)
SL .8607 (75pips)
TP .8742 (60pips)
Trade is based on 60min chart. |
11:23pm ET
Jul 25
We stopped out Short EUR/USD at 1.4486
Out -140pips
Arrgh!
Track record updated and current:
http://tinyurl.com/3gk878w |
4:45am ET
Jul 26
Trade Update
We have two (2) open positions:
Long NZD/USD from .8682
(currently .8715)
Short USD/CAD from .9497
(currently .9426)
There are no pending trades at this time. |
9:37am ET
Jul 26
Poll Question:
Who did not get filled at NZD/USD exit at .8742 ??
Of my two accounts, I was filled at HotSpot, not filled at Oanda.
Oanda had a high of .87419, HotSpot .8743.
Please let me know if you were filled or not at which broker.
For those not filled, keep target working. Stop loss should be
breakeven+1 (.8683) |
10:09am ET
Jul 26
Sell to OPEN GBP/USD at 1.6361 sell stop
(currently 1.6375)
SL 1.6430 (69pips)
TP 1.6235 (126pips)
Trade is based on 60min chart. |
7:35pm ET
Jul 26
Trade Update
We have one (1) open position:
Long NZD/USD from .8682
SL .8683 (breakeven+1)
TP move target to .8759 (top of trendline)
Economic news breaking in a little over an hour. Will catapult
price to our target or back to breakeven+1.
Pending trades:
Cancel GBP/USD order.
No other pending trades at this time.
Markets remain quiet and flatlined... Barely tradable. Let's stay
patient.
|
10pm ET
Jul 26
Target reached on Long NZD/USD at .8759
Out +77pips
Awesome! We missed our .8742 target earlier this morning by 1/10th
of a pip and increased target by 17pips to .8759 top of trendline.
(see chart image). High was .87628 and price quickly snapped to
previously levels. Everyone should have exited this time
regardless of broker.http://fxcoaching.com/forex-signals/trade-images/NZDUSD-07.26.11.png
We are currently FLAT with no open or pending positions. |
2:17am ET
Jul 27
Sell to OPEN USD/CHF at .7986 sell stop
(currently .8000)
SL .8030 (44pips)
TP .7909 (77pips)
Though we are joining the trend, I am a bit leery on this trade as
it is somewhat weak. The markets in general are still soft and
searching for direction. It continues to be a tough time to trade,
so lets thread lightly until markets are out of this slump. |
5:04am ET
Jul 27
Sell to OPEN EUR/USD at 1.4432 sell stop
(currently trading 1.4494)
SL 1.4545 (113pips)
TP 1.4190 (242pips)
Trade is based on 240min chart. |
5:08am ET
Jul 27
Sell to OPEN AUD/CAD at 1.0404 sell stop
(currently trading 1.0426)
SL 1.0461 (57pips)
TP 1.0285 (119pips)
Trade is based on 60min chart. |
8:50am ET
Jun 27
Buy to OPEN EUR/NZD at 1.6568 buy stop
(currently trading 1.6548)
SL 1.6495 (73pips)
TP 1.6665 (97pips)
Trade is based on 60min chart. |
9:06am ET
Jun 27
Sell to OPEN GBP/USD at 1.6318 sell stop
(currently trading 1.6378)
SL 1.6455 (137pips)
TP 1.6060 (258pips)
Trade is based on 240min chart. |
10:15am ET
Jul 27
Trade Update
We have two (2) open positions:
Short EUR/USD from 1.4432
(currently 1.4426)
Short AUD/CAD from 1.0404
(currently 1.0415)
Pending trades:
Cancel USD/CHF pending trade
Keep GBP/USD 1.6318 sell short active |
| Cancel EUR/NZD pending order |
7:00pm ET
Jul 27
Trade Update
We stopped out our Short AUD/CAD at 1.0461
Out -57pips
We have two open positions:
Short EUR/USD from 1.4432
Move stoploss to 1.4431 (breakeven+1)
Short GBP/USD from 1.6318
Pending trades:
There are no pending trades.
Track record updated and current:
http://tinyurl.com/3gk878w |
5:01am ET
Jul 28
Sell to OPEN AUD/JPY at 85.35 sell stop
(currently trading 85.91)
SL 86.19 (84pips)
TP 84.07 (128pips)
Trade is based on 240min chart. |
5:13am ET
Jul 28
Buy to OPEN GBP/CHF at 1.3147 buy stop
(currently 1.3105)
SL 1.3055 (92pips)
TP 1.3345 (198pips)
Trade is based on 240min chart. |
8:12am ET
Jul 28
Buy to Close EUR/USD at Market
Filled 1.4257
Out +175pips |
12:05am ET
Jul 29
Buy to OPEN EUR/USD 1.4371 buy stop
(currently trading 1.4338)
SL 1.4245 (126pips)
TP 1.4634 (263pips)
Trade is based on 240min chart and we will most likely be holding
this over the weekend. |
12:27am ET
Jul 29
Sell to OPEN AUD/CAD at Market
Filled 1.0436
SL 1.0506 (70pips)
TP 1.0175 (261pips)
I likes the look of this 4hr chart :) MACD turned bearish after a
decent bullish run. Overbought and looking ripe for a nice move to
the downside. The Canadian GDP numbers due out later today may be
the catalyst for a big move. Excellent risk/reward on this trade. |
2:55am ET
Jul 29
Trade Update
We have four (4) open positions:
Short AUD/CAD from 1.0436
Short AUD/JPY from 85.35
Long GBP/CHF from 1.3147
Short GBP/USD from 1.6318
Pending trade:
Keep EUR/USD long working at 1.4371
No other pending trades at this time. |
3:23am ET
Jul 29
Sell to OPEN EUR/AUD at 1.3008 sell stop
(currently trading 1.3041)
SL 1.3082 (74pips)
TP 1.2920 (88pips)
Trade is based on 60min chart. |
4:01am ET
Jul 29
We stopped out Long GBP/CHF at 1.3055
Out -92pips |
4:12am ET
Jul 29
Buy to OPEN NZD/USD at .8687 buy stop
(currently .8663)
SL .8635 (52pips)
TP .8761 (74pips)
Trade is based on 60min chart.
Purely on technicals alone: Price is resting on a strong support
level after a fierce uptrend over the pass 10 trading days. In
most cases, we would get a good bounce and continuation of trend at
a support level like this. Should be a good trade either way. |
8:15am ET
Jul 29
All three (3) of our positions have moved 50+pips into our favor.
Move stop loss to breakeven+1
GBP/USD stop loss to 1.6317
AUD/JPY stop loss to 85.34
AUD/CAD stop loss to 1.0435
|
8:19am ET
Jul 29
Cancel Pending EUR/AUD order.
Cancel NZD/USD pending order.
Keep EUR/USD order working. |
8:25am ET
Jul 29
Buy to OPEN GBP/USD at 1.6319 buy stop
(currently trading 1.6290)
SL 1.6245 (74pips)
TP 1.6498 (179pips)
Trade is based on 60min chart. Keep short position working. This
trade should enter only if we stop out of short position.
|
8:34am ET
Jul 29
Canadian and US GDP numbers worse than expected.
Our AUD/CAD short exited at 1.0435 (breakeven+1)
Out +1pip
Our GBP/USD short exited at 1.6317 (breakeven+1)
Out +1pip
We are now LONG GBP/USD from 1.6319. We may see a rally. |
8:55am ET
Jul 29
Buy to Close AUD/JPY at Market
Filled 84.38
Out +97pips
The Aussie is wanting to get stronger here. Let's take profit. |
9:25am ET
Jul 29
Cancel EUR/USD pending buy order.
Buy to OPEN AUD/USD at 1.0964 buy stop
(currently 1.0953)
SL 1.0898 (66pips)
TP 1.1060 (96pips)
Trade is based on 60min chart. |
9:55am ET
Jul 29
Move stop loss on long GBP/USD to 1.6327 |
10:04am ET
Jul 29
Sell to Close GBP/USD at Market
Filled 1.6422
Out +103pips |
10:09am ET
Jul 29
We have one (1) open position:
Long AUD/USD from 1.0964
No Pending positions.
We may hold this position over the weekend. Will advise in about
four (4) hours from now at 2pm ET whether we are holding or closing.
Track record updated and current:
http://tinyurl.com/3gk878w |
11:16am ET
Jul 29
Sell to Close AUD/USD at Market
Filled 1.1003
Out +39pips |
11:20am ET
Jul 29
Weekend Update
We are currently FLAT with no open or pending positions. Be sure
all pending trades are cancelled before market closes.
We saw some volatility return this last week of the month which
provided us some decent trades. This past week we made +443pips
which helped to recover from a potential losing month. OoohRAh!
Well, summer is almost over and glad to know markets will gain back
some movement in the days and weeks ahead.
Track record updated and current:
http://tinyurl.com/3gk878w
Have an awesome weekend and see you back here Sunday evening!
Success Trading!
Steven |