Daily Forex Signals – 5th April 2011


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There is 2 Open Position
There is 2 Closed Trade

Daily Market Beacon
Tuesday, April 5th 2011


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

Long AUD/CAD from .9992 (currently trading .9988)
Stop loss .9943 (49pips)
Target 1.0062 (70pips)

Short USD/CHF from .9242 (currently trading .9219)
Stop loss .9302 (60pips)
Target .9165 (77pips)

SuperADX results:
No SuperADX trades  
SuperTrend Results:
Long EUR/USD -32pips

Long GBP/CHF -20pips


 

 

 

 

 


Track Record

+815
Pips

Final

March 2011

+2059 Pips

Final

1st Quarter 2011



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

 

 

 

 

1:55am ET
Apr 4
SuperADX trade alert
Buy to OPEN AUD/CAD at Market
Filled .9992
SL .9943 (49pips)
TP 1.0062 (70pips)
This trade is based on the SuperADX red bar indicating a big move is ahead. We’re choosing Long based on overall big picture trend direction.  
3:00am ET (7am London)
Apr 4
Good Morning London! Today with the Supertrend system, we are looking at buying long on each of the three pairs. All prices are above the 4-hr Moneyline. No entries at this time. Let’s have a good day!

(4/4/2011 6:49:09 AM):
Price action continue to sway sideways without any real direction. Prices are about the same as they were four hours ago. We may get a long entry on GBP/USD at the top of the hour if price stays on the bullish side.

7:00am ET
Apr 4
Supertrend trade alert
Buy to OPEN GBP/USD at Market
Filled 1.6144
SL 1.6095 (49pips)
TP 1.6232 (88pips)
Reminder: All Supertrend trades get closed at 4pm ET (NY Close) if neither target or stop loss has been reached.

(4/4/2011 8:24:34 AM):
The EUR/USD is setting up for a buy entry here at the bottom of the hour in a few minutes.

(4/4/2011 8:30:35 AM): entered long eur/usd here, filled 1.4248

8:30am ET
Apr 4
Supertrend trade alert
Buy to OPEN EUR/USD at Market
Filled 1.4248
SL 1.4186 (62pips)
TP 1.4335 (87pips)

4:15pm ET
Apr 4
Trade Update
We closed out our two Supertrend trades at 4pm (NY close) at:
Long EUR/USD at 1.4216
Out -32pips
Long GBP/USD at 1.6124
Out -20pips
Very little movement on these pairs today with lots of sideways chop.


We currently have one open SuperADX position:
Long AUD/CAD from .9992 (currently trading 1.0024)

8:08pm ET
Apr 4
SuperADX trade alert
Sell to OPEN USD/CHF at Market
Filled .9242
SL .9302 (60pips)
TP .9165 (77pips)
This trade is based on the SuperADX “Big Move Ahead” red bar 30min chart.

 

 

 

 

 

 

Related posts:

  1. Daily Forex Signals – 1st April 2011
  2. Daily Forex Signals – 4th April 2011
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