Daily Forex Signals – 11th April 2011


spacer

There is 0 Open Position
There is 3 Closed Trade

Daily Market Beacon
Friday, April 8th 2011


This issue contains:
1: Open Positions
2: Recently Closed Trades
3: Today's Intra-Day Alerts and Results
There are NO open positions at this time

SuperADX results:

No trades  
SuperTrend Results:
Long EUR/USD +53pips

Long GBP/USD -26pips
Long GBP/CHF -79pips

 

 

 

 

 


Track Record

+815
Pips

Final

March 2011


+2059 Pips

Final

1st Quarter




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

 

 

 

 1:58am ET (6:58 London)
Apr 8
Good Morning London!
Today with the Supertrend system, we are still on the long side for all three Supertrend pairs. Both the eur/usd and gbp/usd have had unusual big moves in this Asian session, so we’ll be watching closely for a further move upward or downward corection. The GBP/CHF looks ripe for a nice upward movement today. Today’s Market Beacon should be in your inbox now.

2:30am ET
Apr 8
Supertrend trade alert
Buy to OPEN GBP/CHF at Market
Filled 1.4969
SL 1.4890 (79pips)
TP 1.5075 (106pips)

2:42am ET
Apr 8
Supertrend trade alert
Buy to OPEN GBP/USD at Market
Filled 1.6386
SL 1.6271 (115pips)
TP 1.6549 (163pips)

2:57am ET
Apr 8
Supertrend trade alert
Buy to OPEN EUR/USD at Market
Filled 1.4398
SL 1.4274 (124pips)
TP 1.4493 (95pips)

8:20pm ET
April 8
Supertrend update
We closed our Supertrend trades at 4pm (NY Close) at:
Long EUR/USD at 1.4451
Out +53pips
Long GBP/USD at 1.6360
Out -26pips
We stopped out Long GBP/CHF at 1.4890
Out -79pips
We are currently FLAT with no open or pending positions. It was a rather disappointing trading week with a -33pips net loss on the Supertrend system and +29 on the SuperADX system. Felt like we just did a lot of wheel spinning with a final net result of -4pips for the week. Markets are tough sometimes and this was just one of those weeks. Have a great weekend. Have fun and see you back here Sunday evening. I will be around most of the weekend working on optimizing a new trend following system, so feel free to call if you have any questions. Cheers!

FXCoaching (4/8/2011 8:25:49 PM):

(4/8/2011 8:43:14 PM):
Great news for those that have been thinking of switching to Tradestation: As most of you know, I am a Tradestation user. We have been using Tradestation charting since the late 80′s when it was called System Writer, then SuperCharts and so on. And, we have spent a small fortune to maintain this professional charting service over the past 25 years with monthly fees ranging up to several hundred dollars. I’ve incurred this cost because Tradestation is by far, the very best charting service you can have. Unfortunately, it’s been out of reach for most beginning traders due to their costs.

I just received an email from Tradestation that starting this weekend, they are changed their business model and giving Tradestation charting away for FREE. Wow! I am blown away. Amazing! Now, traders can have access to the same trading tools as the professionals. I highly recommend Tradestation for trader that takes this business serious. Understand, that Tradestation did not ask me to make this endorsement, nor do I get any type of compensation. I am only recommending this platform because it is what I use and it’s the best! =) You can go to Tradestation.com or contact my rep there. He should be able to get you on track. His contact info is: Peter Albino Account Executive TradeStation Securities, Inc.
Member NYSE, FINRA, SIPC, & NFA
Phone: (954) 652-7403
Toll Free: (888) 735-1222
UK Phone 0808 234 1049 Ext. 7403
Fax: (954) 652-5403
Email: palbino@TradeStation.com

 

 

 

 

 

 

 


 

 


Daily Forex Signals – 8th April 2011


spacer

There is 0 Open Position
There is 3 Closed Trade

 

Daily Market Beacon
Friday, April 8th 2011


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

There are NO open positions at this time

SuperADX results:
Short AUD/CAD +31pips  

SuperTrend Results:
Long GBP/USD -9pips

Long GBP/CHF -39pips

 

 

 



Track Record

+815
Pips

Final

March 2011


+2059 Pips

Final

1st Quarter




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

 

 

 

 

 

2:00am ET (7am London)
Apr 7
Good Morning London! Today with the Supertrend system, we are looking at buying long all three pairs again as price is still above the 4hr MoneyLine. No entries setting up at this time. Watching closely. The Market Beacon will be published shortly. 

(4/7/2011 2:59:20 AM):
Check your email for today’s Market Beacon. The Market Beacon also includes a Q&A which should be of interests to all. Markets are still down with no sign of getting into a long position on any of our Supertrend pairs.

(4/7/2011 3:46:33 AM):
GBP/USD has turned bullish. Will be entering long at the top of the hour if price closes above 6324 on this candle.

4:00am ET
Apr 7
Supertrend trade alert
Buy to OPEN GBP/USD at Market
Filled 1.6329
SL 1.6253 (76pips)
TP 1.6396 (67pips)

4:31am ET
Apr 7
SuperADX trade alert
Sell to OPEN AUD/CAD at Market
Filled 1.0051
SL 1.0081 (30pips)
TP 1.0020 (31pips)
This counter-trend trade is based on the SuperADX reversal signal 30min chart along with TrendWave, BullsEye and MACD confirmation.

(4/7/2011 4:44:00 AM):
GBPCHF has also turned bullish. We will be entering at the op of the hour if price closes above 4993 on this 30m candle.

5:10am ET
Apr 7
Supertrend trade alert
Buy to OPEN GBP/CHF at Market
Filled 1.4989
SL 1.4890 (99pips)
TP 1.5113 (124pips)

1:39pm ET
Apr 7
Trade update
Target reached on Short AUD/CAD at 1.0020
Out +31pips
Be sure to close both open Supertrend trades at 4pm ET (NY Close) if neither stop loss or target has been reached. Not very much movement in these markets today, just a lot of sideways consolidation.

3:57pm ET (NY Close)
Apr 7
Supertrend update
We closed out our two Supertrend trades.
Long GBP/CHF at 1.4950
Out -39pips
Long GBP/USD at 1.6320
Out -9pips
A very lackluster day with plenty of chop and no trending action

 

.

 

 

 

 

 

 

 

 

 


Daily Forex Signals – 7th April 2011


spacer

There is 0 Open Position
There is 9 Closed Trade

 

Daily Market Beacon
Thursday, April 7th 2011


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

There are NO open positions at this time


SuperADX results:
Short USD/CHF +77pips
Long EUR/GBP +43pips
Short NZD/USD -43pips
Short NZD/JPY -30pips
Long AUD/CAD -49pips  

SuperTrend Results:
Long GBP/USD +80pips

Long GBP/CHF +83pips
Long EUR/USD +42pips
Long GBP/USD -86pips

 

 



Track Record

+815
Pips

Final

March 2011


+2059 Pips

Final

1st Quarter




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

 

 

 

 

 

 

1:59am ET (6:59am London)
Apr 5
Good Morning London!
In these past few days, we have seen plenty of sideways price action with false breakouts, whipsaws and chop. It’s been several days now since we have seen a decent move, so I feel the time is ripe. The markets have consolidated long enough and it’s time to break out of this range. Let’s see it happen! Today with the Supertrend system, we are looking at buying long across all three Supertrend pairs as price is still above the 4hr Moneyline. At this moment, these pairs are pointing down, so no entries anytime soon.  

(4/5/2011 3:12:31 AM):
GBP/USD has went bullish. We should have a long entry at the bottom of the hour if this candle closes above 6127

(4/5/2011 3:33:50 AM):
I’m stalling for a little pullback before we jump in gbp/usd. Don’t really want to buy at these highs.

(4/5/2011 3:36:42 AM):
filled long 61547

3:36am ET
Apr 5
Supertrend trade alert
Buy to OPEN GBP/USD at Market
Filled 1.6155
SL 1.6089 (66pips)
TP 1.6235 (80pips)

3:41am ET
Apr 5
Supertrend trade alert
Buy to OPEN GBP/CHF at Market
Filled 1.4902
SL 1.4833 (69pips)
TP 1.4998 (96pips)
4:51am ET
Apr 5
Supertrend exit update
Target reached on Long GBP/USD at 1.6235
Out +80pips

5:37am ET
Apr 5
Supertrend exit update
I have closed our LONG GBP/CHF at Market Filled 1.4985
Out +83pips
We had a fast run-up and which feel short of our target by four pips. Price is staggering here. Let’s take profit here just in case it decides to start dropping.

(4/5/2011 5:40:44 AM):
Price action stalling like this was bringing back some recent painful memories of how we missed a target by 3-4 pips a couple weeks ago on a fast run-up, only to come back and close the trade at a loss. This one might just drop too! Best to take profit here.

(4/5/2011 9:04:24 AM):
The GBP/CHF continues to be strong. Was tempted into getting in another trade. The eur/usd holding steady and definitely not looking upward for our buy position.

(4/5/2011 9:44:46 PM):
another huge upward movement on the gbp/chf.

10:00pm ET
Apr 5
SuperADX trade alert
Sell to OPEN NZD/USD at Market
Filled .7713
SL .7756 (43pips)
TP .7655 (58pips)
This trade is based on the SuperADX “Big Move Ahead” red bar. I believe this is a false breakout to the upside we’re seeing currently and the big move will be to the downside.

2:03am ET (7:03am London)
April 6
Good Morning London!
Today with the Supertrend system, we are looking at buying long on all three pairs as price is still above the 4-hour Moneyline. The GBP/CHF has had a strong and quick run-up so we are way overbought. A correction is highly probable on this pair. At this moment, there are no trades setting up. Will alert once something pops.

(4/6/2011 3:05:34 AM):
Let’s buy here eur/usd and gbp/usd. Trade details to follow momentarily.

3:05am ET
April 5
Supertrend trade alert
Buy to OPEN EUR/USD at Market
Filled 1.4288
SL 1.4196 (92pips)
TP 1.4396 (108pips)

Buy to OPEN GBP/USD at Market
Filled 1.6358
SL 1.6212 (146pips)
TP 1.6495 (137pips)

3:35am ET
April 6
SuperADX exit alert
Target reached on Short USD/CHF at .9165
Out +77pips
Laser Precise =)

4:31am ET
Apr 6
SuperADX exit alert
Target reached on Long EUR/GBP at .8774
Out +43pips

4:50am ET
Apr 6
SuperADX exit alert
We stopped out Short NZD/USD at .7756
Out -43pips
We got on the wrong side of the big move.

5:00am ET
Apr 6
Sell to Close GBP/USD at Market
Filled 1.6272
Out -86pips
Such great economic data yesterday coming out of England turns sour with today’s grim reports.

(4/6/2011 5:42:16 AM):
5:41am ET
Apr 6
SuperADX trade alert
Sell to OPEN NZD/JPY at Market
Filled 65.75
SL 66.05 (30pips)
TP 65.43 (32pips)
This counter-trend trade is based on TrendWave/BullsEye reversal signal 30min chart.

4:50am ET
Apr 6
Supertrend update
Our long EUR/USD closed at 4pm (NY Close) at 1.4330
Out +42pips
We are currently FLAT with no open or pending positions.

 

 

 

 

 


Daily Forex Signals – 5th April 2011


spacer

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.

 

 

 

 

 

 


Daily Forex Signals – 4th April 2011


spacer

There is 1 Open Position
There is 3 Closed Trade

 

Daily Market Beacon
Monday, April 4th 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 .9995)
Stop loss .9943 (49pips)
Target 1.0062 (70pips)


SuperADX results:
Long USD/CAD -45pips  

SuperTrend Results:
Short GBP/USD -55pips

Long GBP/CHF +113pips

 



Track Record

+815
Pips

Final

March 2011

 

+2059 Pips

Final

1st Quarter 2011



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

 

 

 

 

2:24am ET
Apr 1
SuperADX trade alert
Buy to OPEN USD/CAD at Market
Filled .9695
SL .9650 (45pips)
TP .9780 (85pips)
This trade is based on the SuperADX “Big Move Ahead” red bar 30min chart.  

2:50am ET (6:55am London)
Apr 1
Good Morning London! Well let’s hope for some better trading today over the past two difficult whippy days. Today is Friday, and I’m definitely looking for a trend move today. EUR/USD and GBP/CHF are both to the upside and GBP/USD to the downside. No valid entry signals at this time. Watching closely.

3:59am ET
Apr 1
Supertrend trade alert
Buy to OPEN GBP/CHF at Market
Filled 1.4827
SL 1.4721 (106pips)
TP 1.4940 (113pips)

5:31am ET
Apr 1
Supertrend trade alert
Sell to OPEN GBP/USD at Market
Filled 1.6028
SL 1.6083 (55pips)
TP 1.5945 (83pips)

12:35pm ET
Apr 1
Trade update
Target reached on Long GBP/CHF at 1.4940
Out +113pips
We stopped Short GBP/USD at 1.6083
Out -55pips
We are currently FLAT with no open or pending positions.