Daily Forex Signals – 31st August 2011


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

Daily Market Beacon
Wednesday, August 31st 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 USD/CHF at .8111
SL .8110 (+1pip)
TP .7840 (271pips)
 

Sell to OPEN AUD/CAD at 1.0386 sell stop
SL 1.0485 (99pips)
TP 1.0185 (201pips)
 

Short NZD/USD -57pips


Track Record

-440pips

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)-


(8/30/2011 8:59:36 PM):
Buy to OPEN EUR/NZD at 1.7005 buy stop
(currently 1.6943)
SL 1.6869 (136pips)
TP 1.7185 (180pips)
Trade is based on 240min chart.


(8/31/2011 6:49:17 AM):
Our Short USD/CHF has moved 50+ pips into our favor.
Move stop loss to breakeven+1 at .8110


(8/31/2011 6:59:18 AM):
Sell to OPEN AUD/CAD at 1.0386 sell stop
(currently 1.0449)
SL 1.0485 (99pips)
TP 1.0185 (201pips)
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: (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
(currently 1.9106) +534pips

SL 2.0215 (575pips)
TP 1.8880 (760pips)


Current Equity of Open Positions:

+1455pips

Pending Trades: (0)
(All pending trades expire 1-week from issue if not filled)


No Pending Trades at this Time
Cancel any/all pending trades


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 – 31st March 2011
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