This is a blog where I will be giving out trade recommendations. These are just my personal opinions and you are more than welcome to follow, but just remember, these are just my recommendations so you must trade at your own risk. But have fun while you're at it!

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Friday, April 28, 2006

Signal results for 4.24.06 - 4.28.06

It was an outstanding week for the signal as we had no losses and racked up a good amount of pips. I am gaining more and more confidence in the system since I've added the tweaks and hopefully the momentum will continue.

Monday: +57
Tuesday: +0
Wednesday: +43
Thursday: +33
Friday: +65

Total: +198 pips

Total for April: +325 pips

Keep in mind this is +325 pips off of 1 lot. Starting next week I will be changing the rules slightly. I will be adding another lot to the trade and will be trying a different exit strategy. I will have the rules updated by this weekend so be sure to read the first post carefully for the update. What I plan to do is compare both the current strategy with my new exits to see which one gives me more pips at the end of the month. Have a great weekend everyone!

April 28, 2006

3:30 pm EST: +65 pips

Placed orders at 8:40 am EST.
Long trade triggered at 9:40 am EST.
Midpoint hit at 10:40 am EST. Moved stop to breakeven.
Target hit at 10:50 am EST.












Today is a news day so do not put these orders in until 8:40 am EST. If price is out of this range, then wait for the price to close back within the range (I use a 10 minute chart) before entering these orders in. If price doesn't fall back in the range, then simply stay out of the market.


8:00 am EST- Trades

Long Trade:
Entry Order: 1.8105
Stop Loss: 1.8059
Target: 1.8170
*Move stop to breakeven when price hits 1.8135


Short Trade:
Entry Order: 1.8019
Stop Loss: 1.8064
Target: 1.7954
*Move stop to breakeven when price hits 1.7989

Thursday, April 27, 2006

April 27, 2006

3:15 pm EST: +33 pips

Long trade triggered at 8:50 am EST.
Midpoint hit at 10:00 am EST.
Target hit at 10:10 am EST.












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7873
Stop Loss: 1.7844
Target: 1.7906
*Move stop to breakeven when price hits 1.7887


Short Trade:
Entry Order: Sell at 1.7817
Stop Loss: 1.7849
Target: 1.7784
*Move stop to breakeven when price hits 1.7803

Wednesday, April 26, 2006

April 26, 2006

3:45 pm EST: +43 pips

Placed entry orders at 8:40 am EST.
Long trade triggered at 9:00 am EST.
Midpoint hit at 11:30 am EST. Moved stop to breakeven.
Target hit at 12:00 pm EST.












8:00 am EST- Trades

Today is a news day so don't put in these trades until 8:40 am EST. If price is out of this range then wait for price to close back in the range (10 minute chart) before entering in these orders. If price does not re-enter this range then simply stay out of the market.

Long Trade:
Entry Order: Buy at 1.7859
Stop Loss: 1.7825
Target: 1.7902
*Move stop to breakeven when price hits 1.7878


Short Trade:
Entry Order: Sell at 1.7795
Stop Loss: 1.7830
Target: 1.7752
*Move stop to breakeven when price hits 1.7776

Tuesday, April 25, 2006

April 25, 2006

2:50 pm EST: +0 pips

Long trade triggered at 8:00 am EST
Midpoint hit at 9:10 am EST. Moved stop to breakeven.
Stopped out at breakeven at 10:00 am EST.












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7895
Stop Loss: 1.7853
Target: 1.7952
*Move stop loss to breakeven when price hits 1.7921


Short Trade:
Entry Order: Sell at 1.7817
Stop Loss: 1.7858
Target: 1.7760
*Move stop loss to breakeven when price hits 1.7786

Monday, April 24, 2006

April 24, 2006

2:15 pm EST: +57 pips

Short trade triggered at 8:30 am EST
Midpoint hit at 9:20 am EST. Moved stop to breakeven.
Target hit at 10:40 am EST.













8:00 am EST- Trades

Long trade:
Entry Order: Buy at 1.7941
Stop Loss: 1.7900
Target: 1.7998
*Move stop to breakeven when price hits 1.7967


Short trade:
Entry Order: Sell at 1.7863
Stop Loss: 1.7905
Target: 1.7806
*Move stop to breakeven when price hits 1.7837

Friday, April 21, 2006

Signal results for 4/10/06 - 4/21/06

The signals have been performing well since the new tweaks I've added. It's not pulling in thousands of pips but you can remedy that by trading multiple lots.

4.10.06 - 4.12.06
Monday: +41
Tuesday: +0
Wednesday: +4

4.18.06 - 4.21.06
Tuesday: +0
Wednesday: +27
Thursday: -19
Friday: +0

Total: +53 pips

April 21, 2006

5:10 pm EST: +0 pips

No trades triggered by 12pm. Removed all orders.












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7853
Stop Loss: 1.7808
Target: 1.7912
*Move stop to breakeven when price hits 1.7885


Short Trade:
Entry Order: Sell at 1.7768
Stop Loss: 1.7813
Target: 1.7709
*Move stop to breakeven when price hits 1.7741

Thursday, April 20, 2006

April 20, 2006

2:40 pm EST: -19 pips

Short trade triggered at 10:00 am
Target not hit by 2 pm. Closed trade out at 1.7798

*I made a mistake in the entry post this morning. The short entry was suppose to be at 1.7792. Sorry about that. That would've cut our losses by alot.












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7916
Stop Loss: 1.7851
Target: 1.8006
*Move stop loss to breakeven when price hits 1.7958


Short Trade:
Entry Order: Sell at 1.7784
Stop Loss: 1.7856
Target: 1.7702
*Move stop loss to breakeven when price hits 1.7750

Wednesday, April 19, 2006

April 19, 2006

3:43 pm EST: +27 pips

Long trade triggered at 10:00 am EST
Midpoint hit at 12:20 pm EST. Moved stop to breakeven.
Target not hit by 2pm. Closed trade out at 1.7918













*Today is a news day so do not place these orders until 8:40 at the earliest. If price is out of the range of our orders then wait until price falls back into the range before placing the orders. I am using 10 minute charts so my definitition of price falling back into range is when a candle closes within my range.

8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7891
Stop Loss: 1.7850
Target: 1.7947
*Move stop to breakeven when price hits 1.7916


Short Trade:
Entry Order: Sell at 1.7814
Stop Loss: 1.7855
Target: 1.7758
*Move stop to breakeven when price hits 1.7789

Tuesday, April 18, 2006

April 18, 2006

4:00 pm EST: +0 pips
There were no trades today because after the 8:30 news, the price jumped out of range of our entry orders and never went back in range. No orders were placed.













*Do not place these trades until 8:40. If the price is out of this range then wait for the price to drop back in range before entering the orders. If price does not fall back in the range then simply stay out of the market.

8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7756
Stop loss: 1.7710
Target: 1.7809
*Move stop loss to breakeven when price hits 1.7780


Short Trade:
Entry Order: Sell at 1.7669
Stop Loss: 1.7715
Target: 1.7616
*Move stop loss to breakeven when price hits 1.7645

Wednesday, April 12, 2006

April 12, 2006

3:00 pm EST: +4 pips

Price went back into range at 9:20 am EST; Placed entry orders
Short trade triggered at 9:30 am EST
Target not hit by 2:00 pm EST; Closed trade out at 1.7499












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7586
Stop Loss: 1.7542
Target: 1.7635
*Move stop loss to breakeven when price hits 1.7608


Short Trade:
Entry Order: Sell at 1.7503
Stop Loss: 1.7547
Target: 1.7454
*Move stop loss to breakeven when price hits 1.7481


Today is a news day so do not put these orders in until 8:40 am EST. If the price is already past our entry then simply sit this trade out.

Tuesday, April 11, 2006

April 11, 2006

2:15 pm EST: +0 pips

Long trade triggered at 9:20 am EST
Midpoint hit at 9:50 am EST; Moved stop loss to breakeven.
Stopped out at breakeven at 11:30 am EST












9:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7457
Stop loss: 1.7418
Target: 1.7510
*Move stop loss to breakeven when price hits 1.7481


Short Trade:
Entry Order: Sell at 1.7383
Stop Loss: 1.7423
Target: 1.7330
*Move stop loss to breakeven when price hits 1.7359

Monday, April 10, 2006

April 10, 2006

3:30 pm EST: +41 pips

Short trade triggered at 11:10 am EST
Short target hit at 1:00 pm EST












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7483
Stop Loss: 1.7450
Target: 1.7524
*Move stop loss to breakeven when price hits 1.7501


Short Trade:
Entry Order: Sell at 1.7421
Stop Loss: 1.7455
Target: 1.7380
*Move stop loss to breakeven when price hits 1.7403

Friday, April 07, 2006

Signal Results for 4.03.06 - 4.07.06

Not a bad week for the signals. The new methods seem to be working so hopefully we will have a better month than last month.

Monday: +35
Tuesday: +35
Wednesday: -41
Thursday: No trades
Friday: +45

Total: +74 pips

April 7, 2006

4:00 pm EST: +45 pips

Short trade triggered at 9:20 am EST
Short target hit at 10:20 am EST

Well it looks like my attempt to fight off the news spikes worked as we were saved from the NFP spike which would've triggered our long entry had we entered it right at 8:00 am. I will continue this method for future important news reports.












Do not place these orders until 8:40 (After employment change). If entry points are missed, then wait until price falls back below the long entry or above the short entry before placing the orders in. If price does not fall back, then simply do not trade. This is my first attempt at battling the news spikes.

8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7533
Stop Loss: 1.7498
Target: 1.7578
*Move stop loss to breakeven when price hits 1.7553


Short Trade:
Entry Order: Sell at 1.7467
Stop Loss: 1.7503
Target: 1.7422
*Move stop loss to breakeven when price hits 1.7447

Thursday, April 06, 2006

April 6, 2006

2:30 pm EST: +0 pips

Short trade triggered at 8:40 am
Midpoint hit at 10:00 am; Moved stop loss to breakeven.
Stopped out at breakeven at 10:20 am











8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7608
Stop Loss: 1.7566
Target: 1.7653
*Move stop loss to breakeven when price hits 1.7628


Short Trade:
Entry Order: Sell at 1.7529
Stop Loss: 1.7571
Target: 1.7484
*Move stop loss to breakeven when price hits 1.7509

Wednesday, April 05, 2006

April 5, 2006

3:15 pm EST: -41 pips

Short trade triggered at 8:10 am EST
Target not hit by 2pm. Closed trade out at 1.7542













8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7614
Stop Loss: 1.7555
Target: 1.7692
*Move stop loss to breakeven when price gets to 1.7650


Short Trade:
Entry Order: Sell at 1.7501
Stop Loss: 1.7560
Target: 1.7422
*Move stop loss to breakeven when price gets to 1.7464

Tuesday, April 04, 2006

April 4, 2006

1:45 pm EST: + 35 pips

Long trade triggered at 8:00 am EST
Long target hit at 8:20 am EST












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7484
Stop Loss: 1.7454
Target: 1.7519
Move stop loss to breakeven when price hits 1.7499


Short Trade:
Entry Order: Sell at 1.7428
Stop Loss: 1.7459
Target: 1.7390
Move stop loss to breakeven when price hits 1.7408

*Long trade was already triggered. My stop is at breakeven now. Sorry for the delay. If price dips back below the entry point, you can attempt to re-enter.

Monday, April 03, 2006

April 3, 2006

2:25 pm EST: +35 pips

Long trade triggered at 10:10 am EST.
Long target hit at 10:40 am EST.












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7305
Stop Loss: 1.7271
Target: 1.7339
Move stop loss to breakeven when price hits 1.7320


Short Trade:
Entry Order: Sell at 1.7242
Stop Loss: 1.7276
Target: 1.7208
Move stop loss to breakeven when price hits 1.7227