Daily Forex Signals – 19th September 2011


We have 3 Open Position
1 Pending Trades
3 Closed Trade

Daily Market Beacon
Monday, September 19th 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

Short EUR/GBP from .8704
SL .8805 (101pips)
TP .8560 (144pips)

Short GBP/USD from 1.5699
SL 1.5698 (+1pips)
TP 1.5525 (174pips)

Short GBP/JPY from 120.25
SL 121.21 (96pips)
TP 118.40 (185pips)

Sell to OPEN GBP/CHF at 1.3845 sell stop
SL 1.3940 (95pips)
TP 1.3740 (105pips)

Long USD/CHF +111pips
Long NZD/JPY +1pip
Short USD/CHF -41pips

Track Record


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)-

(9/16/2011 4:24:40 PM):
Weekend Update
We will hold our two positions over the weekend:
Long NZD/JPY from 63.24 (currently 63.67)
Long USD/CHF from .8705 (currently .8769)
Keep our two pending trades working:
Short EUR/GBP at .8704
Short GBP/USD at 1.5699
It seems markets have begun to move out of their stagnant stance and regular movements have returned again which is good for us traders. Have an great weekend and I’ll see you back here Sunday evening.

(9/18/2011 7:34:05 PM):
Sell to Close LONG USD/CHF at Market
Filled .8816
Out +111pips
We had a large gap opening in our favor today. Let’s take profit here before the gap closes.

(9/19/2011 4:38:55 AM):
Sell to OPEN USD/CHF at Market
Filled .8814
SL .8855 (41pips)
TP .8706 (108pips)
This counter-trend trade is based on the 1-hr chart.

(9/19/2011 4:46:11 AM):
Sell to OPEN GBP/JPY at 120.25 sell stop
(currently 120.95)
SL 121.21 (96pips)
TP 118.40 (185pips)
This “with-the-trend” trade is based on the 4-hr chart.

(9/19/2011 9:04:13 AM):
Sell to OPEN GBP/CHF at 1.3845 sell stop
(currently 1.3876)
SL 1.3940 (95pips)
TP 1.3740 (105pips)
Trade is based on 1-hr chart.

(9/19/2011 9:07:39 AM):
We have filled Short GBP/JPY at 120.25
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: (0)

No open positions

Current Equity of Open Positions:

No open positions

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

Sell to OPEN USD/JPY at 76.13 sell stop
(currently 76.70)
Trade issued Sep 14, 2011
SL 77.70 (157pips)
TP 73.40 (273pips)

Recently Closed Trades: (3)

Stopped Out: Short GBP/NZD at 1.3226 on Sept 16, 2011
Out -337pips

Profit Made: Long AUD/CAD exited at 1.0328 on Sep 12, 2011
Out +41pips

Profit Made: Long AUD/USD exited at 1.0443 on Sep 9, 2011
Out +17pips

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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