Posts Tagged ‘ Foreign Exchange Trading ’

Good morning Friends,

Announcements
GBPUSD there is the Services PMI at 09:30 GMT, ADP Non-Farm Employment Change (US) at 13:15 GMT, and ISM Non-Manufacturing PMI at 15:00 GMT
EURUSD there are no major announcements for this pair today.

I am starting a new month off with a complete blank slate. See how you do with my figures.
Total for the day 00. Total for August 2011 = 00. Yearly Total so far = 00.

Here’s to your trading successes.

These are my trading signals for the day.
GBPUSD
Long @ 16310
Stop @ 16270 (40 pips)
Take Profit @ 16350-16360 (40+ pips)

Short @ 16235
Stop @ 16270 (35 pips)
Take Profit @ 16190-16180 (45+ pips)

EURUSD

Long @ 14235
Stop @ 14000 (35 pips)
Take Profit @ 14280-14290 (45+ pips)

Short @ 14150
Stop @ 14190 (40 pips)
Take Profit @ 14110-14100 (40+ pips)

Remember at times of high volatility it is best to be cautious, my philosophy is “if you are unsure, then do not trade”
To Your Trading SUCCESS

SS

Good morning Friends,

Announcements
GBPUSD there are the Prelim GDP and Unemployment Claims at 13:30 GMT both are announcments from the USA.
EURUSD there are no major announcements for this pair today.

Having watched the long the day before and didn’t trade it I went long on GBPUSD at 16200 took 40 pips. I traded the short on EURUSD and found the trading going in the wrong direction, -40 pips.
Total for the day 00. Total for May 2011 = 490. Yearly Total so far = 2920.

Here’s to your trading successes.

These are my trading signals for the day.
GBPUSD
Long @ 16350
Stop @ 16310 (40 pips)
Take Profit @ 16390-16400 (40+ pips)

Short @ 16260
Stop @ 16300 (40 pips)
Take Profit @ 16220 -16210 (40+ pips)

EURUSD
Long @ 14190
Stop @ 14150 (40 pips)
Take Profit @ 14230-14240 (40+ pips)

Short @ 14040
Stop @ 14080 (40 pips)
Take Profit @ 14000-13990 (40+ pips)

Remember at times of high volatility it is best to be cautious, my philosophy is “if you are unsure, then do not trade”
To Your Trading SUCCESS

SS

Good morning Friends,

Announcements
GBPUSD there is the Revised GDP at 09:30 GMT and Core Durable Goods Orders (US) at 13:30 GMT.
EURUSD there are no major announcements for this pair today.

I played caution yesterday and did not go long on either pair.
Total for the day 00. Total for May 2011 = 490. Yearly Total so far = 2920.

Here’s to your trading successes.

These are my trading signals for the day.
GBPUSD Caution on Long Trades
Long @ 16200
Stop @ 16160 (40 pips)
Take Profit @ 16240-16250 (40+ pips)

Short @ 16130
Stop @ 16170 (40 pips)
Take Profit @ 15990-15980 (40+ pips)

EURUSD Caution on Long Trades
Long @ 14125
Stop @ 14090 (35 pips)
Take Profit @ 14170-14180 (45+ pips)

Short @ 14020
Stop @ 14060 (40 pips)
Take Profit @ 13980-13970 (40+ pips)

Remember at times of high volatility it is best to be cautious, my philosophy is “if you are unsure, then do not trade”
To Your Trading SUCCESS

SS

Good morning Friends,

Announcements
GBPUSD there is the Public Sector Net Borrowing at 09:00 GMT and in the USA the New Home Sales at 15:00 GMT.
EURUSD there is the German Ifo Business Climate at 09:00 GMT.

GBPUSD 80 pips short, entered shortly after 08:00 GMT when it came back through my entry points. EURUSD I got in below my prescribed entry points at 14040.
Total for the day 80. Total for May 2011 = 490. Yearly Total so far = 2920.

Here’s to your trading successes.

These are my trading signals for the day.
GBPUSD Caution on Long Trades
Long @ 16140
Stop @ 16070 (40 pips)
Take Profit @ 16180-16190 (40+ pips)

Short @ 16045
Stop @ 16080 (35 pips)
Take Profit @ 16000-15990 (45+ pips)

EURUSD Caution on Long Trades
Long @ 14080
Stop @ 14040 (40 pips)
Take Profit @ 14130-14140 (40+ pips)

Short @ 13985
Stop @ 14020 (35 pips)
Take Profit @ 13940-13930 (45+ pips)

Remember at times of high volatility it is best to be cautious, my philosophy is “if you are unsure, then do not trade”
To Your Trading SUCCESS

SS

Good morning Friends,

Announcements
GBPUSD there are no major announcements for this pair today.
EURUSD there are no major announcements for this pair today.

There are no extra pips to add since my last post.
Total for the day 280. Total for May 2011 = 410. Yearly Total so far = 2920.

Here’s to your trading successes.

These are my trading signals for the day.
GBPUSD Caution on Long Trades
Long @ 16250
Stop @ 16210 (40 pips)
Take Profit @ 16290-16300 (40+ pips)

Short @ 16180
Stop @ 16220 (40 pips)
Take Profit @ 16140-16130 (40+ pips)

EURUSD Caution on Long Trades
Long @ 14150
Stop @ 14110 (40 pips)
Take Profit @ 14190-14200 (40+ pips)

Short @ 14045
Stop @ 14090 (35 pips)
Take Profit @ 14010-14000 (45+ pips)

Remember at times of high volatility it is best to be cautious, my philosophy is “if you are unsure, then do not trade”
To Your Trading SUCCESS

SS