Daily Forex Signals – 5th September 2011


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There are 1 Open Position
There are 0 Pending Trades
There are 1 Closed Trade

Daily Market Beacon
Monday, September 5th 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

Long EUR/AUD from 1.3359
SL 1.3247 (112pips)
TP 1.3690 (331pips)

No Pending trades at this time

Long GBP/USD -111pips


Track Record

+77pips

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)-

(9/2/2011 9:03:57 AM):
Sell to OPEN EUR/NZD at 1.6675 sell stop
(currently 1.6713)
SL 1.6774 (99pips)
TP 1.6425 (250pips)
Trade is based on 60min chart.


(9/2/2011 2:40:56 PM):
We will be holding our two positions over the weekend.
Long EUR/AUD from 1.3359
Long GBP/USD from 1.6233
Have an excellent weekend. See you back here Sunday evening. Cheers!
Steven


(9/4/2011 9:33:40 PM):
Trade Update Hope all had a great weekend. Now lets have an excellent trading week. We have two (2) open positions:
Long EUR/AUD from 1.3359
Long GBP/USD from 1.6233
We have Zero (0) pending trades.
As always, if you have any questions, please call or send me an instant message


(9/4/2011 10:17:00 PM):
Sell to OPEN USD/CAD at .9849 sell stop
(currently .9867)
SL .9885 (36pips)
TP .9755 (94pips)
Trade is based on 60min chart. We should see a correction to the downside and the excellent risk/reward ratio is too good pass up.


(9/5/2011 12:53:16 AM):
To clear up some potential confusion: The NZD/JPY entry is a buy stop order at 65.02. (not market order).


(9/5/2011 4:06:11 AM):
Cancel all Pending trades
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: (7)


Long AUD/CAD from 1.0287
Trade entered Aug 16, 2011
(currently 1.0438) +151pips
SL .9993 (294pips)
TP 1.0692 (405pips)


Long AUD/JPY from 80.30
Trade entered Aug 16, 2011
(currently 81.23) +93pips
SL 76.40 (390pips)
TP 89.45 (915pips)


Long AUD/USD from 1.0426
Trade entered Aug 16, 2011
(currently 1.0574) +148pips
SL 1.0090 (336pips)
TP 1.1075 (649pips)


Short EUR/NZD at 1.7172 sell stop
Trade entered Aug 26, 2011
(currently 1.6851) +321pips
SL 1.7685 (513pips)
TP 1.6640 (532pips)


Long NZD/USD from .8405
Trade entered Aug 16, 2011
(currently .8382) -23pips
SL .7953 (452pips)
TP .8890 (485pips)


Short GBP/NZD from 1.9640
Trade entered Aug 25, 2011
(currently 1.9233) +407pips
SL 1.9286 (+354pips) < TP 1.8880 (760pips)


Long CHF/JPY from 96.42
Trade entered Sep 01, 2011
(currently 97.70) +128pips
SL 92.90 (352pips)
TP 101.80 (538pips)

Current Equity of Open Positions:

+1225pips

Pending Trades: (0)
(All pending trades expire 1-week from issue if not filled)

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)

Related posts:

  1. Daily Forex Signals – 2nd September 2011
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