Daily Forex Signals – 8th September 2011


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We have 4 Open Position
1 Pending Trades
5 Closed Trade

Daily Market Beacon
Thursday, September 8th 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 CAD/JPY from 78.11
SL 78.12 (+1pip)
TP 79.20 (109pips)


Long GBP/USD from 1.6030
SL 1.5895 (135pips)
TP 1.6227 (197pips)


Short USD/CAD from .9857
SL .9940 (83pips)
TP .9735 (122pips)


Long AUD/CAD from 1.0464
SL 1.0410 (54pips)
TP 1.0528 (64pips)

Buy to OPEN EUR/AUD at 1.3330 buy stop
SL 1.3194 (136pips)
TP 1.3488 (158pips)

Short EUR/NZD -104pips
Long USD/CAD -19pips
Long GBP/JPY +69pips
Long EUR/AUD -48pips
Short NZD/JPY -85pips


Track Record

-109pips

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)-

(9/6/2011 6:03:33 AM):
Buy to OPEN NZD/JPY at 64.59 buy stop
(currently trading 64.23)
SL 63.48 (111pips)
TP 67.30 (271pips)
Trade is based on 4-hr chart.


(9/6/2011 8:15:43 AM):
Our Long EUR/AUD was 50+pips in our favor. We should have moved stop loss to breakeven +1pip and exited at 1.3360. Exit here if still in trade.


(9/6/2011 10:35:51 AM):
Sell to OPEN NZD/JPY at 63.76 sell stop
(currently 63.81)
SL 64.55 (85pips)
TP 61.55 (221pips)
Trade is based on 60min chart.


(9/6/2011 10:37:52 AM):
correction: stop loss value on nzd/jpy short trade is 79pips.


(9/6/2011 10:40:09 AM):
We have filled NZD/JPY short at 63.76


(9/6/2011 8:08:26 PM):
Sell to Close USD/CAD at Market
Filled .9892
Out -19pips
We have been in this trade for awhile without much movement. At this point, better to exit as there is no technical justification to stay in this trade.


(9/6/2011 8:15:20 PM):
Trade Update
We have two (2) open positions:
Long CAD/JPY from 78.11
Short NZD/JPY from 63.76
We have two (2) pending trades:
Long NZD/JPY at 64.59
Short USD/CAD at .9857
Cancel any other pending orders Current markets are rough… looking for a return of tradable markets.


(9/7/2011 1:08:00 AM):
Check your email for a Market Update.


(9/7/2011 1:15:08 AM):
Buy to OPEN GBP/USD at 1.6030 buy stop
(currently trading 1.5984)
SL 1.5895 (135pips)
TP 1.6227 (197pips)
Trade is based on 4-hr chart. TrendWave long, oversold, and expected bounceback.


(9/7/2011 2:51:15 AM):
Buy to OPEN EUR/AUD at 1.3291 buy stop
(currently trading 1.3275)
SL 1.3243 (48pips)
TP 1.3423 (132pips)
Trade is based on 60min chart.


(9/7/2011 3:40:24 AM):
Cancel NZD/JPY pending long order at 64.59


(9/7/2011 8:31:21 AM):
Sell to OPEN EUR/USD at 1.4011 sell stop
(currently trading 1.4036)
SL 1.4110 (99pips)
TP 1.3906 (105pips)
This “with-the-trend” trade is based on the 1-hr chart.


(9/8/2011 2:00:34 AM):
Buy to OPEN EUR/AUD at 1.3330 buy stop
(currently 1.3278)
SL 1.3194 (136pips)
TP 1.3488 (158pips)
Trade is based on 4-hr chart.


(9/8/2011 2:35:02 AM):
Sell to OPEN NZD/JPY at 64.20 sell stop
(currently trading 64.41)
SL 64.59 (39pips)
TP 63.55 (65pips)
Trade is based on 1-hr chart.


(9/8/2011 5:04:35 AM):
Buy to OPEN AUD/CAD at Market
Filled 1.0464
SL 1.0410 (54pips)
TP 1.0528 (64pips)
Trade is based on 1-hr chart.


(9/8/2011 6:33:34 AM):
Our long CAD/JPY has moved 50+pips into our favor. Move stop loss to breakeven +1pip at 78.12


(9/8/2011 7:16:52 AM):
Cancel Pending orders below:
Short EUR/USD at 1.4011
Short NZD/JPY at 64.20
Keep Long EUR/AUD pending order working.
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: (5)


Long AUD/CAD from 1.0287
Trade entered Aug 16, 2011
(currently 1.0465) +178pips
SL .9993 (294pips)
TP 1.0692 (405pips)


Long AUD/JPY from 80.30
Trade entered Aug 16, 2011
(currently 82.12) +182pips
SL 76.40 (390pips)
TP 89.45 (915pips)


Long AUD/USD from 1.0426
Trade entered Aug 16, 2011
(currently 1.0635) +209pips
SL 1.0090 (336pips)
TP 1.1075 (649pips)


Long EUR/NZD from 1.7043
Trade entered Sep 6, 2011
(currently 1.6801) -242pips
SL 1.6660 (383pips)
TP 1.8045 (1002pips)


Long GBP/NZD from 1.9297
Trade entered Sep 6, 2011
(currently 1.9177) -120pips
SL 1.8960 (337pips)
TP 2.0890 (1593pips)

Current Equity of Open Positions:

+460pips

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


Buy to OPEN EUR/AUD at 1.3462 buy stop
Trade issued Sep 6, 2011
SL 1.3245 (217pips)
TP 1.4085 (623pips)

Recently Closed Trades: (5)

Stopped Out: Long NZD/USD at .8224 on Sep 6, 2011
Out -181pips


Stopped Out: Long CHF/JPY at 92.90 on Sep 6, 2011
Out -352pips


Profit Made: Short EUR/NZD exited at 1.7042 on Sep 6, 2011
Out +130pips


Profit Made: Short GBP/NZD exited at 1.9286 on Sep 5, 2011
Out +354pips


Stopped Out: Short GBP/CHF at 1.3226 on Aug 26, 2011
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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