Daily Forex Signals – 25th August 2011


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There are 1 Open Position
There are 1 Pending Trades
There are 4 Closed Trade

Daily Market Beacon
Thursday, August 25th 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 NZD/JPY from 63.69
SL 63.70 (breakeven+1) UPDATED
TP 64.44 (75pips)

Buy to OPEN GBP/USD at 1.6435 buy stop
SL 1.6326 (109pips)
TP 1.6648 (213pips)

Long EUR/NZD +1pip
Long USD/CAD -49pips
Short USD/CHF -37pips
Short AUD/CAD +55pips


Track Record

-401
Pips

August 2011

Markets continue to be in a rut making trading difficult.
We expect a break from this non-directional chop soon.
Until then, let’s keep risk low with smaller than usual positions.

July 2011 +211pips
June 2011 +1630pips
2nd Quarter 2011 +1926pips
1st Quarter 2011 +1271pips


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


(8/24/2011 5:51:20 AM):
We are currently short AUD/CAD from 1.0383 based on the 60min chart. We just received another short confirmation on the 4-hr chart. When both time frames agree, it is normally a high-confidence trade. We may increase our target based on the 4hr chart.
(8/24/2011 6:04:46 AM):
Let’s STRADDLE the NZD/JPY with both ‘buy stop’ and ‘sell stop’ orders. After fill, Keep other order working.
NZD/JPY currently trading 63.39
Buy to OPEN NZD/JPY at 63.69 buy stop
SL 63.20 (49pips)
TP 64.44 (75pips)
Sell to OPEN NZD/JPY at 62.90 sell stop
SL 63.68 (78pips)
TP 61.60 (130pips)

(8/24/2011 6:10:53 AM):
Move stop loss on Short AUD/CAD to 1.0390
(currently trading 1.0369)

(8/24/2011 6:47:31 AM):
Our Long EUR/NZD moved 50+pips into our favor.
Let’s move stop loss to breakeven+1
Move stop loss to 1.7393

(8/24/2011 9:40:13 AM):
Trade update
We exited breakeven+1 on our long EUR/NZD Out +1pip
We stopped out our long USD/CAD at .9841 Out -49pips
We have three (3) open positions:
Short AUD/CAD at 1.0383
Long NZD/JPY at 63.69
Short USD/CHF at .7914
We have one (1) pending trade:
Short NZD/JPY at 62.90

(8/24/2011 9:11:58 PM):
Our Short AUD/CAD has moved 50+pips into our favor. Move stop loss to breakeven+1. Currently trading 1.0311
Adjust stop loss to 1.0382

(8/25/2011 5:15:49 AM):
Trade Update
We have two (2) open positions:
Long NZD/JPY from 63.69 (currently +25pips)
Short AUD/CAD from 1.0383 (currently +59pips)
Looks like this trade will call an exit at close of this 1-hr candle at the top of hour. Expect an exit alert in about 50min’s.
No Pending trades at this time. Cancel any pending trades.
A long time veteran trader and subscriber commented today:
This week is actually the worst part of the doldrums. Next week and then on, we can get back to better trending markets, and that is a historical fact. Europe goes back to work next week, although I don’t know what effect the current economics have had on their culture, but I’m sure it is engrained in them and we know the trading (as it does every year) has been noncommittal at best.

(8/25/2011 6:10:37 AM):
AUD/CAD did not call an exit. Let’s close at market at 7am ET (50min’s from now) if price is above 1.0316.

(8/25/2011 6:54:54 AM):
Buy to OPEN GBP/USD at 1.6435 buy stop
(currently 1.6369)
SL 1.6326 (109pips)
TP 1.6648 (213pips)
Trade is based on 240min chart.

(8/25/2011 7:01:13 AM):
Buy to Close AUD/CAD at Market
Filled 1.0328
Out +55pips

(8/25/2011 7:06:47 AM):
Our long NZD/JPY has moved 50+ pips into our favor.
Move stop loss to breakeven+1
Adjust stop loss to 63.70

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
SL .9993 (294pips)
TP 1.0692 (405pips)


Long AUD/JPY from 80.30
SL 76.40 (390pips)
TP 89.45 (915pips)


Long AUD/USD from 1.0426
SL 1.0090 (336pips)
TP 1.1075 (649pips)


Long NZD/USD from .8405
SL .7953 (452pips)
TP .8890 (485pips)


Short GBP/NZD from 1.9640
SL 2.0215 (575pips)
TP 1.8880 (760pips)

Pending Trades: (3)
(All pending trades expire 1-week from issue if not filled)


Buy CHF/JPY at 98.78 buy stop
(currently 96.87)
SL 95.45 (333pips)
TP 104.40 (562pips)


Short GBP/CHF at 1.2897 sell stop
(currently 1.3047)
SL 1.3226 (329pips)
TP 1.1960 (937pips)


Short EUR/NZD at 1.7172 sell stop
(currently 1.7444)
SL 1.7685 (513pips)
TP 1.6640 (532pips)


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)


Daily Forex Signals – 24th August 2011


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There are 4 Open Position
There are 0 Pending Trades
There are 4 Closed Trade

Daily Market Beacon
Wednesday, August 24th 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 AUD/CAD from 1.0383
SL 1.0420 (37pips)
TP 1.0305 (78pips)


Long EUR/NZD from 1.7392
SL 1.7231 (161pips)
TP 1.7695 (303pips)


Long USD/CAD from .9890
SL .9841 (49pips)
TP .9995 (105pips)


Short USD/CHF from .7879
SL .7916 (37pips)
TP .77780 (99pips)
No Pending Trades at this time.

Long EUR/AUD -69pips
Short CHF/JPY +72pips
Short EUR/NZD +1pip
Short USD/CHF -37pips


Track Record

-371
Pips

August 2011

Markets continue to be in a rut making trading difficult.
We expect a break from this non-directional chop soon.
Until then, let’s keep risk low with smaller than usual positions.

July 2011 +211pips
June 2011 +1630pips
2nd Quarter 2011 +1926pips
1st Quarter 2011 +1271pips


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

(8/23/2011 4:04:09 AM):
Buy to OPEN EUR/AUD at 1.3790 buy stop
(currently 1.3775)
SL 1.3721 (69pips)
TP 1.3883 (93pips)
Trade is based on 60min chart.
(8/23/2011 5:11:17 AM):
Sell to OPEN USD/JPY at 76.21 sell stop
(currently 76.64)
SL 77.05 (84pips)
TP 75.10 (111pips)
This ‘with-the-trend’ trade is based on the 240min chart.
(8/23/2011 5:18:12 AM):
We are currently Short EUR/NZD at 1.7377
Move stop loss to 1.7430
Place new ‘buy stop’ order below
Buy to OPEN EUR/NZD at 1.7431 buy stop
SL 1.7320 (111pips)
TP 1.7580 (203pips)
(8/23/2011 9:00:26 AM):
Buy to OPEN USD/CAD at .9890 buy stop
(currently .9875)
SL .9841 (49pips)
TP .9995 (105pips)
Trade is based on 60min chart.
(8/23/2011 9:29:57 AM):
Trade Update
We have four (4) open positions:
Short CHF/JPY from 97.45
Long EUR/AUD from 1.3790
Short EUR/NZD from 1.7431
Short USD/CHF from .7879
We have three (3) pending trades:
Short USD/JPY at 76.21
Long EUR/NZD at 1.7431
Long USD/CAD at .9890
(8/23/2011 9:33:34 AM):
We have been filled long on USD/CAD at .9890
(8/23/2011 6:14:24 PM):
Our Short CHF/JPY and EUR/NZD have move 50+ pips into our favor. Move stop loss to breakeven +1pip
CHF/JPY stop loss to 97.44
EUR/NZD stop loss to 1.7430
(8/23/2011 6:16:17 PM):
Correction: EUR/NZD stop loss to 1.7376
(8/23/2011 8:52:56 PM):
Sell to OPEN AUD/CAD at Market
Filled 1.0383
SL 1.0420 (37pips)
TP 1.0305 (78pips)
This pair looks like it ready to drop to 1.0300. Trade is based on 60min chart.
(8/24/2011 12:23:39 AM):
Sell to OPEN USD/CHF at .7914 sell stop
(currently .7931)
SL .7951 (37pips)
TP .7862 (52pips)
Trade is based on 60min chart. Markets continue to be thinly traded. Let’s see if we can catch some of these smaller moves.
(8/24/2011 2:32:17 AM):
We have filled Short USD/CHF at .7914
(8/24/2011 3:50:04 AM):
Buy to Close CHF/JPY at Market
Filled 96.73
Out +72pips
System called an exit here.
(8/24/2011 4:04:01 AM):
Trade Update
We have three (3) open positions:
Short USD/CHF from .7914
Long USD/CAD from .9890
Short AUD/CAD from 1.0383
Cancel all pending trades.
(8/24/2011 4:07:14 AM):
Buy to OPEN EUR/NZD at Market
Filled 1.7392
SL 1.7231 (161pips)
TP 1.7695 (303pips)
Trade is based on 240min chart.
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: (4)
Long AUD/CAD from 1.0287
SL .9993 (294pips)
TP 1.0692 (405pips)

Long AUD/JPY from 80.30
SL 76.40 (390pips)
TP 89.45 (915pips)

Long AUD/USD from 1.0426
SL 1.0090 (336pips)
TP 1.1075 (649pips)

Long NZD/USD from .8405
SL .7953 (452pips)
TP .8890 (485pips)

Pending Trades: (4)
(All pending trades expire 1-week from issue if not filled)

Buy CHF/JPY at 98.78 buy stop
(currently 96.87)
SL 95.45 (333pips)
TP 104.40 (562pips)

Short GBP/NZD at 1.9640 sell stop
(currently 1.9927)
SL 2.0215 (575pips)
TP 1.8880 (760pips)

Short GBP/CHF at 1.2897 sell stop
(currently 1.3047)
SL 1.3226 (329pips)
TP 1.1960 (937pips)

Short EUR/NZD at 1.7172 sell stop
(currently 1.7444)
SL 1.7685 (513pips)
TP 1.6640 (532pips)


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)


Daily Forex Signals – 23rd August 2011


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There is 3 Open Position
There is 2 Closed Trade

Daily Market Beacon
Tuesday, August 23nd 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 CHF/JPY from 97.45
SL 98.19 (74pips)
TP 96.07 (138pips)
Short EUR/NZD from 1.7377
SL 1.7555 (178pips)
TP 1.7120 (257pips)

Short USD/CHF from .7879
SL .7916 (37pips)
TP .77780 (99pips)


No Pending Trades at this time.
 


Long USD/CAD -3pips
Long GBP/NZD -87pips



Track Record

-338
Pips

August 2011

July 2011 +211pips
June 2011 +1630pips
2nd Quarter 2011 +1926pips
1st Quarter 2011 +1271pips


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

(8/22/2011 9:09:38 AM):
Sell to OPEN EUR/NZD at 1.7377 sell stop
(currently 1.7451)
SL 1.7555 (178pips)
TP 1.7120 (257pips)
Trade is based on 240min chart.
(8/22/2011 10:12:17 AM):
Buy to OPEN USD/CAD at .9883 buy stop
(currently .9877)
SL .9821 (62pips)
TP .9965 (82pips)
Trade is based on 60min chart.

(8/22/2011 10:17:25 AM):
Buy to OPEN GBP/NZD at 2.0017 buy stop
(currently 1.9983)
SL 1.9930 (87pips)
TP 2.0185 (168pips)
Trade is based on 60min chart.

(8/22/2011 7:46:55 PM):
Trade Update
We have four (4) open positions:
Short CHF/JPY from 97.45
Short EUR/NZD from 1.7377
Long GBP/NZD from 2.0017
Long USD/CAD from .9883
We have one new pending trade:
Sell to OPEN USD/CHF at .7879 sell stop
(currently .7891)
SL .7916 (37pips)
TP .7780 (99pips)
Trade is based on 60min chart. No other pending trades.

(8/22/2011 9:14:10 PM):
Move stop loss on Long USD/CAD to .9880
Markets are thinly traded and in a tight range making it difficult to be on the right side of the next decent move.

(8/22/2011 10:17:48 PM):
We have filled Short USD/CHF at .7879

(8/23/2011 2:14:36 AM):
We are out our Long USD/CAD at .9880
Out -3pips
We stopped out our Long GBP/NZD at 1.9930
Out -87pips
Track record current: http://tinyurl.com/3gk878w

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: (4)

Long AUD/CAD from 1.0287
SL .9993 (294pips)
TP 1.0692 (405pips)
Long AUD/JPY from 80.30
SL 76.40 (390pips)
TP 89.45 (915pips)

Long AUD/USD from 1.0426
SL 1.0090 (336pips)
TP 1.1075 (649pips)

Long NZD/USD from .8405
SL .7953 (452pips)
TP .8890 (485pips)

Pending Trades: (0)

There are NO pending trades at this time.

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.

 

 

 

 

 

 


Daily Forex Signals – 22nd August 2011


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There is 1 Open Position
There is 3 Closed Trade

Daily Market Beacon
Monday, August 22nd 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 CHF/JPY from 97.45
SL 98.19 (74pips)
TP 96.07 (138pips)


No Pending Trades at this time.

 


Long NZD/JPY -49pips
Short EUR/NZD -69pips
Long AUD/CAD +7pips



Track Record

-248
Pips

August 2011

July 2011 +211pips
June 2011 +1630pips
2nd Quarter 2011 +1926pips
1st Quarter 2011 +1271pips


-All time stamps are EST (New York time)-
(8/19/2011 3:42:48 AM):
We have filled Short EUR/NZD at 1.7371. Markets continue to zigzag sideways without any directional conviction. Let’s stay patient and keep exposure low for now.

(8/19/2011 6:49:52 AM):
Buy to OPEN AUD/CAD at Market
Filled 1.0277
SL 1.0218 (59pips)
TP 1.0397 (120pips)
Trade is based on 60min chart and is a higher confident trade. Target is just shy of 1.0416 Fib Resistance and Trendline.

(8/19/2011 7:09:47 AM):
Let’s tighten the leash on our Short EUR/NZD.
Tighten stop loss 40pips to 1.7440
(8/21/2011 11:07:28 PM):
Sell to OPEN EUR/GBP at .8699 sell stop
(currently .8714)
SL .8751 (52pips)
TP .8620 (79pips)
Trade is based on 60min chart.

(8/22/2011 2:08:38 AM):
Sell to Close AUD/CAD at Market
Filled 1.0284
Out +7pips
The system called an exit. No longer a bullish chart.
(8/22/2011 2:29:59 AM):
Cancel EUR/GBP pending trade

(8/22/2011 5:06:12 AM):
Sell to OPEN CHF/JPY at Market
Filled 97.45
SL 98.19 (74pips)
TP 96.07 (138pips)
Trade is based on 60min chart.
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: (4)Long AUD/CAD from 1.0287
SL .9993 (294pips)
TP 1.0692 (405pips)

Long AUD/JPY from 80.30
SL 76.40 (390pips)
TP 89.45 (915pips)

Long AUD/USD from 1.0426
SL 1.0090 (336pips)
TP 1.1075 (649pips)


Long NZD/USD from .8405

SL .7953 (452pips)
TP .8890 (485pips)

Pending Trades: (0)

There are NO pending trades at this time.

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.