Daily Forex Signals – 29th August 2011


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

Daily Market Beacon
Monday, August 29th 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

None

Sell to OPEN AUD/JPY at 81.22 sell stop
SL 81.65 (43pips)
TP 80.65 (57pips)
 

Long GBP/USD -57pips


Track Record

-326pips

August 2011

August doldrums are almost over!

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


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

(8/26/2011 10:03:35 AM):
Fed Chairman’s speech wasn’t so friendly to traders.
We stopped out our long GBP/USD at 1.6250
Out -57pips
We are currently FLAT with no open or pending trades.
(8/29/2011 3:13:18 AM):
Sell to OPEN AUD/JPY at 81.22 sell stop
(currently trading 81.32)
SL 81.65 (43pips)
TP 80.65 (57pips)
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: (6)


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)


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


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)
Current Equity of Open Positions:
+695pips

Pending Trades: (1)
(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)


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 – 26th August 2011
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