New Blog

Hello everyone!

I am trying something new. For those of you who have followed my other blog at http://pippinainteasy.blogspot.com , this is another one that I'm trying out. This time it's more of a "set and forget" type deal so that hopefully, the people who can't day-trade can benefit from this. I will not be posting system specifics, but I will simply be giving out buy and sell recommendations, along with stops and targets. Here are some notes you should read before trading these signals:

1) Disclaimer: Remember, only you control your own money. These are simply recommendations that I, myself, am trading and am not guaranteeing that you will make money off of these signals. Trade at your own risk!

2) All trades are taken on the GBP/USD, 10 minute chart. I use FXCM as my broker.

3) All signals will be posted around 8:00 am EST.

4) Close all your trades at the close of the 2:00 pm EST candle.

5) If the first trade triggers but then loses, you can still leave your other order open until 12:00 pm EST. If your 2nd trade is not triggered by 12:00 pm EST, then cancel the order.

6) If the first trade triggers but then loses, you can reset that same entry order for a re-entry. If the re-entry doesn't happen by 12:00 pm, then cancel that order.

7) If neither of the trades trigger by 12:00 pm or if you still have an entry order in place that hasn't been triggered, cancel all orders.

8) When midpoint is hit, move stop to breakeven.

9) On news days (I will notify which days are news days) do not place your orders until 8:40 am EST. If the price is out of the range, wait for price to close back within the range (I use 10 minute charts) before placing the orders. If price doesn't fall back within the range, simply stay out of the market.

*************************************************

New Rules (beta):

1) Disclaimer: Remember, only you control your own money. These are simply recommendations that I, myself, am trading and am not guaranteeing that you will make money off of these signals. Trade at your own risk!

2) Trade 2 lots for each trade.

3) All trades are taken on the GBP/USD, 10 minute chart. I use FXCM as my broker.

4) All signals will be posted around 8:00 am EST.

5) Close all your trades at the close of the 2:00 pm EST candle.

6) If the first trade triggers but then loses, you can still leave your other order open until 12:00 pm EST. If your 2nd trade is not triggered by 12:00 pm EST, then cancel the order.

7) If the first trade triggers but then loses, you can reset that same entry order for a re-entry. If the re-entry doesn't happen by 12:00 pm, then cancel that order.

8) If neither of the trades trigger by 12:00 pm or if you still have an entry order in place that hasn't been triggered, cancel all orders.

9) When midpoint is hit, close out 1 lot and move the 2nd lot's stop to breakeven.

10) On news days (I will notify which days are news days) do not place your orders until 8:40 am EST. If the price is out of the range, wait for price to close back within the range (I use 10 minute charts) before placing the orders. If price doesn't fall back within the range, simply stay out of the market.


I think that's it for now. I will be updating this post whenever I feel necessary so be sure to check it every now and then. It will be the first link at the top of page. If you'd like to see the trade record since the blog was started click here.

Cheers and happy trading!

-BP