Friday, May 30, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

System II signals
No live trades yet.
May cumulative 129 pip profit (£315).

Daily pivots: GBPUSD 1.9744, EURJPY 163.77, GBPJPY 208.04

Thursday, May 29, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

System II signals
CLOSED - GBPJPY BUY @ 207.38, 40 pip profit
CLOSED - EURJPY BUY @ 163.87, 26 pip loss
CLOSED - GBPUSD BUY @ 1.9730, 20 pip profit
CLOSED (at midday) - EURJPY SELL @ 163.61, 5 pip profit
May cumulative 129 pip profit (£315).

Daily pivots: GBPUSD 1.9780, EURJPY 163.79, GBPJPY 206.70

Wednesday, May 28, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

System II signals
No live trades today.
May cumulative 90 pip profit (£125).

Daily pivots: GBPUSD 1.9769, EURJPY 163.48, GBPJPY 205.53

Tuesday, May 27, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

System II signals
CLOSED - EURJPY SELL @ 163.50, 30 pip loss
May cumulative 90 pip profit (£125).

Daily pivots: GBPUSD 1.9800, EURJPY 163.05, GBPJPY 204.74

Monday, May 26, 2008

TRAVELLING BACK TO DARTMOOR TODAY. WILL UPDATE SIGNALS LATER. LIVE TRADING RECOMMENCES 7AM TOMORROW.

Friday, May 23, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

System II signals
CLOSED - GBPUSD SELL @ 1.9772, 30 pip loss
CLOSED - EURJPY SELL @ 163.55, 20 pip profit
CLOSED - GBPJPY SELL @ 205.71, 40 pip profit
CLOSED - GBPUSD BUY @ 1.9798, 20 pip profit
May cumulative 120 pip profit (£425).

Daily pivots: GBPUSD 1.9776, EURJPY 163.24, GBPJPY 205.05

Thursday, May 22, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

System II signals
CLOSED - GBPUSD SELL @ 1.9702, 30 pip loss
CLOSED - EURJPY BUY @ 162.81, 13 pip loss
CLOSED just before midday - EURJPY SELL @ 162.68, 0 pip profit (was actually up 17 just before 1:30!)
CLOSED - GBPJPY BUY @ 203.43, 40 pip profit
CLOSED - GBPUSD BUY @ 1.9737, 20 pip profit
CLOSED - GBPUSD BUY @ 1.9758, 20 pip profit
May cumulative 70 pip profit (£125).

Daily pivots: GBPUSD 1.9685, EURJPY 162.43, GBPJPY 203.19

Wednesday, May 21, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

Price Action notes (15 min candles; double stops/targets & half stakes; daily cumulative in brackets; daily target £300, closed at first reversal after midday if still live)
GBPUSD - closed at 25 pips, close to pivot - SHORT FROM 1.9655 (18)
EURJPY - closed at 43 pips - LONG FROM 162.46, (-17)
GBPJPY - LONG FROM 203.21, closed at 202.73 (-97)
EURUSD - LONG FROM 1.5724, closed at 1.5746(-38)
GBPJPY had 60 pip profit available on 3rd trade today at its daily pivot; most would have taken that. However, the above shows worst case scenario. Also, EURUSD had 45 pips available on 2nd trade today, that ended up at 22 pips at close. The GBPJPY cumulative would be 11 pip profit rather than 97 pip loss, had the 3rd trade been closed at the daily pivot. The live GBPUSD trade has just been closed as it is near to its daily pivot.
Total 134 pip loss or £427. Bear in mind today had incredible swings as a result of news releases. Two trades incurred maximum losses of £300 each. Had live trades been closed immediately prior to news release, the daily cumulative would have been £367 better off, ie a loss of £60 for the day!!
System II
CLOSED - EURJPY BUY @ 161.93, 30 pip loss
CLOSED - EURJPY SELL @ 161.64, 30 pip loss
CLOSED - GBPJPY SELL @ 203.04, 0 pip profit
CLOSED - GBPUSD SELL @ 1.9676, 20 pip profit
CLOSED - GBPUSD BUY @ 1.9672, closed at midday 7 pip loss
CLOSED - GBPJPY BUY @ 203.56 - closed at break even due to price action/daily pivot/200ema (on seminar!)
May cumulative 33 pip profit (£45L).

Daily pivots: GBPUSD 1.9622, EURJPY 162.22, GBPJPY 203.77

Tuesday, May 20, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

Price Action notes (15 min candles; double stops/targets & half stakes; daily cumulative in brackets; daily target £300)
GBPUSD - NO TRADE AS LONG BEFORE 7AM
EURJPY - LONG FROM 161.64, TARGET 30 PIPS ACHIEVED
GBPJPY - LONG FROM 203.34, TARGET 60 PIPS ACHIEVED
EURUSD - LONG FROM 1.5545, TARGET 30 PIPS ACHIEVED

Daily target of 60 pips achieved (EURUSD 30+ PIPS, EURJPY 30+ PIPS, GBPJPY 60+ PIPS) or £300 (today much more was available!)


System II
GBPJPY BUY @ 203.34, 40 pip profit
EURJPY BUY @ 161.84, 20 pip profit
May cumulative 80 pip profit (£425).

Daily pivots: GBPUSD 1.9521, EURJPY 162.08, GBPJPY 203.51

Monday, May 19, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

Price Action notes (15 min candles; double stops/targets & half stakes; daily cumulative in brackets)
GBPUSD - SHORT FROM 1.9571, CLOSED AT PIVOT 1.9530 (-25)
EURJPY - SHORT FROM 162.01, CLOSED @ 162.15 (-40)

Daily total 65 pip loss or £325.

System II
CLOSED - GBPUSD SELL @ 1.9543, 30 pip loss
CLOSED - EURJPY - BUY @ 162.27, 30 pip loss
CLOSED GBPUSD BUY @ 1.9596, 20 pip profit
CLOSED EURJPY SELL @ 161.90, 30 pip loss
CLOSED - GBPUSD SELL @ 1.9564, 20 pip profit
May cumulative 40 pip profit (£25).

Daily pivots: GBPUSD 1.9530, EURJPY 162.00, GBPJPY 203.49

Friday, May 16, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk per trade)

System I (suspended due to higher volatility/wider ranging/spikes; will give out high5 & triple breaks as wider stops))
Pending - GBPUSD SELL @ 1.9460
Pending - EURJPY SELL @ 161.80
Pending - GBPJPY BUY @ 204.20
May cumulative 50 pip loss (£300L).

System II
CLOSED - EURJPY SELL @ 161.90, 14 pip profit
CLOSED - GBPUSD - BUY @ 1.9511, 30 pip loss
CLOSED - GBPJPY SELL @ 203.17, 60 pip loss
May cumulative 90 pip profit (£525).

Daily pivots: GBPUSD 1.9459, EURJPY 162.13, GBPJPY 203.95

Thursday, May 15, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk per trade)

System I (suspended due to higher volatility/wider ranging/spikes; will give out high5 & triple breaks as wider stops))
Pending - GBPUSD sell @ 1.9450
Pending - EURJPY SELL @ 162.40
Pending - GBPJPY BUY @ 204.80
May cumulative 50 pip loss (£300L).

System II
CLOSED - GBPJPY SELL @ 203.80, 36 pip loss
CLOSED - GBPUSD SELL @ 1.9457, 20 pip loss
CLOSED - GBPJPY BUY @ 204.63, 54 pip loss (system 2 sell @ 204.09 11:45)
CLOSED - GBPJPY SELL @ 204.09, 40 pip profit
CLOSED - GBPUSD SELL @ 1.9453, 20 pip profit
May cumulative 166 pip profit (£985).

Daily pivots: GBPUSD 1.9432, EURJPY 162.42, GBPJPY 204.35

Wednesday, May 14, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk per trade)

System I (suspended due to higher volatility/wider ranging/spikes; will give out high5 & triple breaks as wider stops))
May cumulative 50 pip loss (£300L).

System II
CLOSED - GBPUSD SELL @ 1.9418, 10 pip profit
CLOSED - EURJPY BUY @ 162.25, 20 pip profit
May cumulative 216 pip profit (£1,335).

Daily pivots: GBPUSD 1.9483, EURJPY 161.49, GBPJPY 203.11

Tuesday, May 13, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk per trade)

System I (suspended due to higher volatility/wider ranging/spikes; will give out high5 & triple breaks as wider stops))
May cumulative 50 pip loss (£300L).

System II
CLOSED - GBPUSD SELL @ 1.9526, 20 pip profit (2 subscribers got this trade!!)
CLOSED - GBPJPY SELL @ 201.75, 40 pip loss (closed at midday)

May cumulative 186 pip profit (£1,035).

Daily pivots: GBPUSD 1.9535, EURJPY 160.53, GBPJPY 202.27

Monday, May 12, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk per trade)

System I (suspended due to higher volatility/wider ranging/spikes; will give out high5 & triple breaks as wider stops))
Pending - GBPUSD BUY @ 1.9500
Pending - EURJPY SELL @ 159.10
Pending - GBPJPY SELL @ 200.80
May cumulative 50 pip loss (£300L).

System II
CLOSED - GBPJPY BUY @ 201.66, 40 pip profit
CLOSED - EURJPY BUY @ 159.60, 11 pip profit
May cumulative 186 pip profit (£1,035).

Daily pivots: GBPUSD 1.9516, EURJPY 159.31, GBPJPY 201.26

Friday, May 9, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk per trade)

System I
CLOSED - EURJPY SELL @ 159.50, 30 pip loss
May cumulative 50 pip loss (£300L).

System II
CLOSED - EURJPY BUY @ 159.81, 30 pip loss
CLOSED - GBPUSD SELL @ 1.9533, 20 pip profit
May cumulative 135 pip profit (£725).

Daily pivots: GBPUSD 1.9558, EURJPY 160.02, GBPJPY 203.37

Thursday, May 8, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk per trade)

System I
CLOSED - GBPUSD BUY @ 1.9540, 20 pip profit
CLOSED - EURJPY BUY @ 160.00, 20 pip loss
CLOSED - GBPJPY BUY @ 203.96, 60 pip loss
May cumulative 20 pip loss (£0).

System II
CLOSED - EURJPY BUY @ 160.14, 30 pip loss
CLOSED - GBPUSD BUY @ 1.9539, 20 pip profit
CLOSED - EURJPY SELL @ 159.68, 20 pip profit
CLOSED - GBPJPY SELL @ 203.27, 40 pip profit
CLOSED - GBPJPY BUY @ 203.76, 40 pip profit
May cumulative 145 pip profit (£825).

Daily pivots: GBPUSD 1.9575, EURJPY 161.62, GBPJPY 205.24

Wednesday, May 7, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk per trade)

System I
DO NOT TAKE AS NEWS RELEASE AT 9:30) Pending - GBPUSD BUY @ 1.9630
DO NOT TAKE AS CLOSE TO DAILY PIVOT - Pending - EURJPY BUY @ 162.60
CLOSED - GBPJPY BUY @ 206.60, 60 pip loss
May cumulative 40 pip profit (£300).

System II
CLOSED - EURJPY BUY @ 162.66, 20 pip profit
CLOSED - GBPJPY SELL @ 206.05, 15 pip profit
CLOSED - GBPJPY BUY @ 206.40, 30 pip loss (closed around midday)
May cumulative 55 pip profit (£325).

Daily pivots: GBPUSD 1.9706, EURJPY 162.56, GBPJPY 206.48

Tuesday, May 6, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk pe rtrade))
System I
CLOSED - GBPJPY BUY @ 206.40, 0 pip profit (closed at break even around midday)
May cumulative 100 pip profit (£600).

System II
CLOSED - GBPUSD - BUY @ 1.9709, 30 pip loss
CLOSED - GBPJPY BUY @ 207.01, 40 pip loss
CLOSED - GBPUSD SELL @ 1.9695, 20 pip profit
May cumulative 50 pip profit (£200).

Daily pivots: GBPUSD 1.9723, EURJPY 162.68, GBPJPY 207.26

Monday, May 5, 2008

STATE OF PLAY (NO TRADING TODAY AS LONDON & JAPAN CLOSED AND I'M ON HOLIDAY! LIVE TRADING RESUMES TOMORROW AT 7AM. BELOW ARE TODAY'S SYSTEM SIGNALS)
(Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf on system 1; capital £20,000, 1.5% risk pe rtrade))

System I
CLOSED - GBPUSD SELL @ 1.9750, 20 pip profit
CLOSED - EURJPY BUY @ 162.90, 20 pip loss
CLOSED - GBPJPY SELL @ 207.60, 40 pip profit
May cumulative 100 pip profit (£600).

System II
CLOSED - GBPUSD SELL @ 1.9750, 20 pip profit
CLOSED - GBPJPY SELL @ 207.82, 40 pip profit
May cumulative 100 pip profit (£600).

Daily pivots: GBPUSD 1.9777, EURJPY 162.18, GBPJPY 207.77

Friday, May 2, 2008

STATE OF PLAY
System I (target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf))
May cumulative 60 pip profit (£400).

System II
CLOSED - GBPUSD BUY @ 1.9830, 10 pip profit
May cumulative 40 pip profit (£200).

Daily pivots: GBPUSD 1.9798, EURJPY 161.52, GBPJPY 206.11

Thursday, May 1, 2008

STATE OF PLAY
System I (target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY - wait for 1 min conf))
CLOSED - GBPUSD BUY @ 1.9889, 20 pip profit
CLOSED - GBPJPY BUY @ 206.40, 40 pip profit
May cumulative 60 pip profit (£400).

System II
CLOSED - GBPJPY BUY @ 206.41, 40 pip profit
CLOSED - GBPUSD - SELL @ 1.9857, 30 pip loss
CLOSED - EURJPY SELL @ 161.93, 20 pip profit
May cumulative 30 pip profit (£100).

Daily pivots: GBPUSD 1.9794, EURJPY 162.30, GBPJPY 205.97