(2/1/2011 2:06:16 AM):
Good Morning London! Today on the SuperTrend system, we will be looking at take longs on both the EUR/USD and GBP/USD. The GBP/CHF is on the cusp of the 4HR trendline so we can take a valid signal in either direction. January closes out with a total of +471pips across both SuperADX and SuperTrend strategies. Granted, I was a little gun shy with SuperADX and avoided many signals. Actual results would have been a bit higher if every trade was taken. Today is February 1st and I am bumping up the SuperTrend strategy with a full 100K contract (average $10pip) on my personal account. I’m most confident with GBP/USD, secondly is GBP/CHF even though this pair is more chaotic, and lastly EUR/USD. Let’s have a great month! Cheers!
(2/1/2011 2:07:51 AM):
No valid signal on the SuperTrend at this point. Will alert if/when something breaks.
(2/1/2011 2:31:31 AM):
buy eur/usd at market
(2/1/2011 2:32:03 AM):
SuperTrend Trade Alert
Buy to Open EUR/USD at Market
Filled 1.3740
SL 1.3661 (79pips)
TP 1.3826 (86pips)
(2/1/2011 2:33:42 AM):
SuperTrend Trade Alert
Sell to OPEN GBP/CHF at Market
Filled 1.5110
SL 1.5159 (49pips)
TP 1.4975 (135pips)
(2/1/2011 3:37:27 AM):
We stopped out SuperTrend short GBP/CHF at 5159
Out -49pips
(2/1/2011 4:50:56 AM):
We’ll be taking long positions on both gbp/usd and gbp/chf at the top of the hour if this candle stays confirmed.
(2/1/2011 5:02:04 AM):
SuperTrend Trade Alert
Buy to OPEN GBP/CHF at Market
Filled 1.5172
SL 1.5068 (104pips)
TP 1.5290 (118pips)
(2/1/2011 5:03:00 AM):
SuperTrend Trade Alert
Buy to OPEN GBP/USD at Market
Filled 1.6116
SL 1.5995 (121pips)
TP 1.6228 (112pips)
(2/1/2011 10:52:00 AM):
Price action is slow this morning, though it seems we are on the right side of each of our five trades. All in positive territory.
(2/1/2011 12:00:10 PM):
In accordance to the SuperTrend rules, let’s close our Long GBP/CHF at Market here at 12:00 EST. (London Close). It’s unfortunate there was a brash sell-off of 70 pips on this pair in the last hour.
(2/1/2011 12:03:00 PM):
SuperTrend Exit Alert
Sell to Close GBP/CHF at Market
Filled 1.5138
Out -34pips
(2/1/2011 12:07:28 PM):
Our other two SuperTrend trades, both Long eur/usd and gbp/usd should be closed at NY close (4pm) if target or stop hasn’t been hit.
(2/1/2011 12:08:30 PM):
Another 15pips for our long eur/usd to hit target.
(2/1/2011 12:29:01 PM):
Eur/usd came within one pip of exiting at target. Keep order working.
(2/1/2011 12:38:41 PM):
We are OUT our SuperTrend Long EUR/USD at 1.3826
Out +86pips
(2/1/2011 8:00:16 PM):
GBP/USD SuperTrend trade was closed at 4pm (NY Close)
@ 1.6147
Out +31pips
