Daily Forex Signals – 1st April 2011


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There is 3 Open Position
There is 7 Closed Trade

 

Daily Market Beacon
Friday, April 1st 2011


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

 

Long USD/CAD from .9695 (currently trading .9686)
Stop loss .9650 (45pips)
Target .9780 (85pips)

Long GBP/CHF from 1.4827 (currently trading 1.4783)
Stop loss 1.4721 (106pips)
Target 1.4940 (113pips)

Short GBP/USD from 1.6028 (currently trading 1.6033)
Stop loss: 1.6083 (55pips)
Target 1.5945 (83pips)


SuperADX results:
Short EUR/CHF +55pips
Short EUR/GBP -60pips  

SuperTrend Results:
Long GBP/USD -86pips
Short GBP/USD -12pips

Short GBP/CHF -77pips
Long GBP/CHF -80pips
Long EUR/USD -2pips

 

 

 



Track Record

+815
Pips

Final

March 2011



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

 

 

 

2:50am ET (6:50am London)
Mar 31
Good Morning London!
Today with the Supertrend system, price is clearly above the 4-hr MoneyLine on both EUR/USD and GBP/CHF, therefore we will be looking at buying long on both these pairs. The GBP/USD has been trending upward over the last two trading sessions, however price is still under the trendline providing a short entry only. We will thread cautiously with the cable and accept a solid entry only. Watch for my immediate long entry signal on the EUR/USD at the top of the hour.  

3:00am ET
Mar 31
Supertrend trade alert
Buy to OPEN EUR/USD at Market
Filled 1.4168
SL 1.4092 (76pips)
TP 1.4245 (77pips)

3:13am ET
Mar 31
SuperADX trade alert
Sell to OPEN EUR/GBP at Market
Filled .8784
SL .8844 (60pips)
TP .8723 (61pips)
This trade is based on the SuperADX “Big Move ahead” red bar 30min chart. We are a bit late to the game here with this entry, though I expect follow through to the downside due to the bullish HPI numbers.

3:30am ET
Mar 31
Supertrend trade alert
Buy to OPEN GBP/CHF at Market
Filled 1.4805
SL 1.4725 (80pips)
TP 1.4897 (92pips)

3:33am ET
Mar 31
SuperADX trade alert
Sell to OPEN EUR/CHF at Market
Filled 1.2999
SL 1.3040 (41pips)
TP 1.2944 (55pips)
This trade is based on the SuperADX “Big Move Ahead” red bar. We have had a breakout to the upside, though it may be a false breakout and taking this short position to help hedge our other positions and balance risk.

5:12am ET
Mar 31
Supertrend trade alert
Buy to OPEN GBP/USD at Market
Filled 1.6144
SL 1.6058 (86pips)
TP 1.6258 (114pips)

9:26am ET
Mar 31
Supertrend trade alert
Sell to OPEN GBP/USD at Market
Filled 1.6030
SL 1.6151 (121pips)
TP 1.5940 (90pips)

9:32am ET
Mar 31
Supertrend trade alert
Sell to OPEN GBP/CHF at Market
Filled 1.4657
SL 1.4808 (151pips)
TP 1.4531 (126pips)

9:35am ET
Mar 31
Supertrend update
Reminder: All Supertrend trades get closed at 4pm ET (NY Close) if neither stop loss or target has been reached.

 

 

5:15am ET
Mar 31
Supertrend update
We closed our three Supertrend trades at 4pm ET (NY Close) at:
GBP/USD 1.6042 OUT -12pips
EUR/USD 1.4166 OUT -2pips
GBP/CHF 1.4734 OUT -77pips

 

 

 

 

 

 

 

 

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