Daily Forex Signals – 1st September 2011


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There are 2 Open Position
There are 2 Pending Trades
There are 3 Closed Trade

Daily Market Beacon
Thursday,  September 1st 2011


This issue contains:
1: Open Positions
2: Pending Trades
3: Recently Closed Trades
4: Today's Intra-Day Alerts and Results
5: EOD Trades

Short USD/CHF from .8011
SL .8090 (79pips)
TP .7860 (151pips)


Long AUD/JPY from 82.32
SL 81.46 (86pips)
TP 83.55 (123pips)

Sell to OPEN GBP/JPY at 124.41 sell stop
SL 125.40 (99pips)
TP 122.75 (166pips)


Buy to OPEN GBP/JPY at 125.41 buy stop
SL 124.42 (99pips)
TP 126.40 (99pips)

Long GBP/CHF -70pips
Long GBP/CHF -73pips
Short USD/CHF +51pips


Track Record

-73pips

September 2011

Goodbye Summer Doldrums, Hello September!


August 2011 -459pips
July 2011 +211pips
June 2011 +1630pips

2nd Quarter 2011 +1926pips
1st Quarter 2011 +1271pips


-All time stamps are EST (New York time)-


(8/31/2011 9:16:26 AM):
Buy to OPEN GBP/JPY at 125.41 buy stop
(currently 124.96)
SL 124.42 (99pips)
TP 126.40 (99pips)
Trade is based on 240min chart.


(8/31/2011 11:12:25 AM):
Buy to OPEN GBP/CHF at Market
Filled 1.3108
SL 1.3038 (70pips)
TP 1.3335 (227pips)
Trade is based on 60min chart.


(8/31/2011 12:10:58 PM):
Sell to OPEN GBP/NZD at 1.8972 sell stop
(currently 1.9013)
SL 1.9135 (163pips)
TP 1.8760 (212pips)
Trade is based on 60min chart.

(8/31/2011 9:44:13 PM):
Buy to OPEN GBP/CHF at Market
Filled 1.3095
SL 1.3022 (73pips)
TP 1.3245 (150pips)
Trade is based on 60min chart. Buy is based on TrendWave bullish dot, MACD turning long, and being oversold.


(8/31/2011 11:36:52 PM):
Buy to Close USD/CHF at Market
Filled .8060
Out +51pips


(9/1/2011 12:12:49 AM):
murphy’s law: our short USD/CHF was sideways for past nine hours, then minutes after we exit, it heads south. Argh! I think this is a Swiss bull trap in front of CHF GDP numbers due out in 1.5 hours.


(9/1/2011 1:38:50 AM):
Let’s straddle the GBP/JPY with both buy and sell stop entry orders.
Keep existing pending buy order working at 125.41
Place new pending sell short order below.
Keep both orders working until cancelled.
Sell to OPEN GBP/JPY at 124.41 sell stop
(currently trading 124.72)
SL 125.40 (99pips)
TP 122.75 (166pips)
This “with-the-trend” trade is based on 60min chart.


(9/1/2011 1:43:14 AM):
Sell to OPEN USD/CHF at .8011 sell stop
(currently .8051)
SL .8090 (79pips)
TP .7860 (151pips)
Trade is based on 60min chart.


(9/1/2011 2:16:38 AM):
Buy to OPEN AUD/JPY at Market
Filled 82.32
SL 81.46 (86pips)
TP 83.55 (123pips)
This “with-the-trend” trade is based on the 240min chart.

 

EOD trades are ideal for the Part-Time trader which has limited time to place trades and monitor positions, but desires the ability to catch big trends and create excellent returns.

Current Positions: (6)


Long AUD/CAD from 1.0287
(currently 1.0484) +197pips

SL .9993 (294pips)
TP 1.0692 (405pips)


Long AUD/JPY from 80.30
(currently 82.37) +207pips

SL 76.40 (390pips)
TP 89.45 (915pips)


Long AUD/USD from 1.0426
(currently 1.0709) +283pips

SL 1.0090 (336pips)
TP 1.1075 (649pips)


Short EUR/NZD at 1.7172 sell stop
(currently 1.6824) +348pips

(currently 1.7444)
SL 1.7685 (513pips)
TP 1.6640 (532pips)


Long NZD/USD from .8405
(currently .8495) +90pips

SL .7953 (452pips)
TP .8890 (485pips)


Short GBP/NZD from 1.9640
(currently 1.9106) +534pips

SL 2.0215 (575pips)
TP 1.8880 (760pips)


Current Equity of Open Positions:

+1701pips

Pending Trades: (1)
(All pending trades expire 1-week from issue if not filled)


Buy to OPEN CHF/JPY at 96.42 buy stop

(currently 96.14)
SL 92.90 (352pips)
TP 101.80 (538pips)


Recently Closed Trades: (1)

We Stopped Out Short GBP/CHF at 1.3226
Out -329pips


These trades are based on the same methodology as our primary day trading systems, except these from fixed daily charts rather then minute charts. Be prepared to stay in EOD trades for several weeks to months at a time. Also expect large swings of several hundred pips up-and-down throughout the course of being in any particular trade.

 

 

 

 

 

 

(All pending trades expire 1-week from issue if not filled)

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