Trade Update for EUR/USD

Hi Traders, I am making an adjustment to the price level I am looking for to add this position.  If price pops up again I will add to the trade.  Changes in bold as usual.

===========================================

CIS* Alert Service (C028AS)

Date:  Updated Tuesday August 31, 2010

Action:   Order to Sell 1 unit @ 1.27 (from 1.278)

Stop Loss:  1.282 (previously adjusted from 1.29)

Take Profit:   1.245

CIS* Complimentary Investment Strategy
:tgc,mw

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want trade forex on your own?  Learn to Trade Forex with Forex Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.
From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for USD/JPY

I have placed an order for the USD/JPY pair.  I am comfortable in the fact that it is in clear down trend, and since the daily charts are looking a little bullish, I am hoping the pair will pull back to my entry.  Details of my order are below.  Thanks. 

===========================================

CIS* Alert Service (C029AS)

Date:  Monday, August 30, 2010

Action:   Order to Sell 1 unit USD/JPY @ 85.9
Action:    Order to Sell 1 unit USD/JPY @ 86.1

Stop Loss:  86.5 for both units

Take Profit:   85.1 and 84.4 respectively

CIS* Complimentary Investment Strategy
:mw

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want trade forex on your own?  Learn to Trade Forex with Forex Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.


From the Desk of
Aaron Reid
Forex Strategist

Trade Update for USD/CHF

Covering some of my profit on this trade, and planning to add to it if price rebounds.  Adjusting Stop losses accordingly.  I have made a number of changes to this trade, so if you are making trades with me be sure to read on carefully.  I have tried to highlight all changes in bold:
===========================================

CIS* Alert Service (C030AS)

Date:  Wednesday, August 25, 2010, adjusted Monday August 30, 2010

Action:   Sell 3 units of USD/CHF @ current market value (1.0323)
Action:    Order to Sell 1 unit of USD/CHF @ 1.034
Action:    Order to Sell 1 unit of USD/CHF @ 1.038

Stop Loss:  Changed to 1.041 from 1.038

Take Profit:   Took profit on 2 units @ 1.02634 remaining unit(s) TP at 1.02
CIS* Complimentary Investment Strategy
:mw

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want trade forex on your own?  Learn to Trade Forex with Forex Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.


From the Desk of
Aaron Reid
Forex Strategist

Trade Update for EUR/USD

Hi Traders, I am making an adjustment to the price level I am looking for to add this position.  If price pops up again I will add to the trade.  Changes in bold as usual.

===========================================

CIS* Alert Service (C028AS)

Date:  Updated Tuesday August 31, 2010

Action:   Order to Sell 1 unit @ 1.27 (from 1.278)

Stop Loss:  1.282 (previously adjusted from 1.29)

Take Profit:   1.245

CIS* Complimentary Investment Strategy
:tgc,mw

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want trade forex on your own?  Learn to Trade Forex with Forex Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.
From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for GBP/USD

Also shorting the GBP/USD at current market levels.  Details below: 

===========================================

CIS* Alert Service (C027AS)

Date:  Wednesday, August 25, 2010

Action:   Sell 1 unit GBP/USD @ current level (~1.5549)

Stop Loss:  1.562

Take Profit:   1.541

CIS* Complimentary Investment Strategy
:mw

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want trade forex on your own?  Learn to Trade Forex with Forex Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.
From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for EUR/USD

Shorting the EUR/USD at current market levels.  Details below: 

===========================================

CIS* Alert Service (C026AS)

Date:  Wednesday, August 25, 2010

Action:   Sell; 1 unit EUR/USD @ current level (~1.27075)

Stop Loss:  1.274

Take Profit:   1.26

CIS* Complimentary Investment Strategy
:mw

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want trade forex on your own?  Learn to Trade Forex with Forex Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Update for AUD/USD

This pair continues to work well, and I am adjusting the stop loss.  Changes are in bold.


===========================================

CIS* Alert Service (C022AS)

Date:  Wednesday, August 18, 2010  *updated Mon. Aug. 23, 2010 * updated Aug. 25, 2010*

Action:   Sell 3 units AUD/USD at current market levels (~0.904/5)

Stop Loss:  0.9085  *Adjust to 0.890

Take Profit:   0.877  **Took profit on 1 unit at current levels ~89.170, 2 units left working

CIS* Complimentary Investment Strategy
:tgl

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for AUD/JPY

Placing an order hoping it will fill.  Keep in mind this is counter-trend making it more risky than my typical trades. 

===========================================

CIS* Alert Service (C025AS)

Date:  Wednesday, August 25, 2010

Action:   Buy 1 unit AUD/JPY @ 74.80

Stop Loss:  73.3

Take Profit:   77.1

CIS* Complimentary Investment Strategy
:md

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want trade forex on your own?  Learn to Trade Forex with Forex Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.From the Desk of
Aaron Reid
Forex Strategist

Trade Update for AUD/USD

This pair is working well.  I am taking profit on one of my units instead of adjusting the stop loss level.  Changes are in bold.
===========================================

CIS* Alert Service (C022AS)

Date:  Wednesday, August 18, 2010  *updated Mon. Aug. 23, 2010

Action:   Sell 3 units AUD/USD at current market levels (~0.904/5)

Stop Loss:  0.9085

Take Profit:   0.877  **Took profit on 1 unit at current levels ~89.170, 2 units left working

CIS* Complimentary Investment Strategy
:tgl

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for EUR/USD

Sold one unit of EUR/USD.  The downside definitely prevails on this pair, but more conservative traders may want to wait until this pair closes below 1.27 on the daily, and then wait for a pull back to that area.  I will be looking to add to the position if that happens.  I have a twitter account for those who want to get alerts that this blog has been updated.  The details of my trade are, as always, outlined below.

I am also in the process of compiling my knowledge and experience of forex trading in a guidebook to outline the basics of trading so that people can begin to understand why I make the trades that I do.  My expertise and interest continues to lie in the actual trading, but there is something to be said about teaching a man to fish, rather than giving a man a fish!  To that end, I will give followers of this blog and my twitter account access to the information for free.  If you haven't done so already, become a follower to either this blog or my twitter account.  I hope to have the book done within the next month or so.  I will be certain to post updates as the time draws closer.  In the meantime, check out the resources on the sidebar.  Many of them have plenty of information available for free for those who are new to forex, or have more detailed information for those ready for more in-depth information and who already have a firm understanding of the basics.

In the meantime, the reason you are here, my most recent trade.  Voila:

===========================================

CIS* Alert Service (C024AS)

Date:  Monday, August 23, 2010

Action:   Sell 1 unit EUR/USD at current market levels (~1.26656)

Stop Loss:  1.272

Take Profit:   1.228

CIS* Complimentary Investment Strategy
:mwa

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want trade forex on your own?  Learn to Trade Forex with Forex Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.


Aaron Reid
Forex StrategistFrom the Desk of

Trade Alert for AUD/JPY

Hi Traders,

I am back from my little get-away, and will be back to a regular week of trading this week.  There is an opportunity to go long with AUD /JPY.  I may be changing the stop loss or adding to the position, so for immediate updates, you can follow me on twitter and get updates on your phone.  This service will be improved in coming months. Thanks!
===========================================

CIS* Alert Service (C023AS)

Date:  Sunday, August 23, 2010

Action:   Sell 3 units AUD/JPY at current market levels (~76.066)

Stop Loss:  75.7

Take Profit:   77.5

CIS* Complimentary Investment Strategy
:mw

===========================================


Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for AUD/USD

Entering at about the same level as yesterday (I got stopped out), but have a reasonably tight stop-loss and so I am going with 3 units.  Details below:  I am on a wee bit of a "holiday" (just a short 3 hr. drive get-away) with my wee one, so chances are I won't update or trade again until next week.  I have been having to drive into town to get internet access, and well, I should try to unwind.  Until next week, friends.

===========================================

CIS* Alert Service (C022AS)

Date:  Wednesday, August 18, 2010

Action:   Sell 3 units AUD/USD at current market levels (~0.904/5)

Stop Loss:  0.9085

Take Profit:   0.877

CIS* Complimentary Investment Strategy
:tgl

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for AUD/USD

Just shorted this pair at current market levels.
===========================================

CIS* Alert Service (C021AS)

Date:  Tuesdayay, August 17, 2010

Action:   Sell 1 unit AUD/USD at current market levels (~0.9043)

Stop Loss:  0.908

Take Profit:   0.895
CIS* Complimentary Investment Strategy
:tgi

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

USD/CHF Trade UPDATE

Closing this position earlier than expected to protect my profit, not convinced this pair won't bounce again for a better entry.  May re-enter later in the week.  Keep posted. 

===========================================

CIS* Alert Service UPDATE (C020AS)

Date:  Friday, August 13, 2010

Action:   Sell 1 unit USD/CHF at 1.054

Stop Loss:  1.057

Take Profit:   1.035  **Closed at current market levels 1.0493*

CIS* Complimentary Investment Strategy
:mwi

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for USD/CHF

I had shorted this pair, and it was working well for us, but just touched our stop loss which had been moved to give me a modest gain.  If the price comes back to me I am going to try to short again.  I have placed the following order.

===========================================

CIS* Alert Service (C020AS)

Date:  Friday, August 13, 2010

Action:   Sell 1 unit USD/CHF at 1.054

Stop Loss:  1.057

Take Profit:   1.035

CIS* Complimentary Investment Strategy
:mwi

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Update for EUR/AUD

This pair is still working nicely, but Fridays can be unpredictable.  I am changing the stop loss to protect some of my profit should the trade move against me. 

I tend to focus on my trading throughout the day and post very little commentary.  If you are looking to learn more about how to trade forex on your own, then I highly recommend that you click on the LMT Mentor link under the Resources section to the right.  It is an excellent place to start to learn to make trades on your own since I do not focus on that aspect on my blog. Many should find that site useful.  I tend to post only when I or one of my collegues makes a trade, but general interest in more commentary is noted and we will look to expand.  Thanks for your input, it is always welcome!

===========================================

CIS* Alert Service UPDATE (C019AS)

Date:  Thursday, August 12, 2010

Action:   Sell 1 unit EUR/AUD at current price (1.4375)

Stop Loss:  1.445, Changed to 1.4375,  *Changed to 1.435, break even*

Take Profit:   1.42  Changed to 1.3725
CIS* Complimentary Investment Strategy
:mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Update for EUR/AUD

This pair is still working for us, I have changed the stop loss to break even. If it is a triangle breakout that has developed we can take advantage of a significant fall, so I have also changed the target.  The changes are in bold.

===========================================

CIS* Alert Service UPDATE (C019AS)

Date:  Thursday, August 12, 2010

Action:   Sell 1 unit EUR/AUD at current price (1.4375)

Stop Loss:  1.445 *Changed to 1.4375, break even*

Take Profit:   1.42  *Changed to 1.3725*

CIS* Complimentary Investment Strategy
:mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Update for USD/CHF

Changing the stop losses on this working position.   Changes are highlighted in bold.

===========================================

CIS* Alert Service UPDATE (C015AS)

Date:  Wednesday, August 12, 2010

Action:   Sell 1 unit USD/CHF at current price (1.05718)

Stop Loss:  1.065 **Changed stop to 1.055

Take Profit:   1.035

CIS* Complimentary Investment Strategy
:mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for EUR/AUD

Went short with this pair on its current pull back.
===========================================

CIS* Alert Service (C019AS)

Date:  Wednesday, August 12, 2010

Action:   Sell 1 unit EUR/AUD at current price (1.4375)

Stop Loss:  1.445

Take Profit:   1.42
CIS* Complimentary Investment Strategy
:mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert for EUR/GBP

Price has pulled back nicely, and have entered a short position.  Details below.

===========================================

CIS* Alert Service (C018AS)

Date:  Wednesday, August 12, 2010

Action:   Sell 1 units EUR/GBP at current price (0.82135)
Stop Loss:  0.83

Take Profit:   0.809

CIS* Complimentary Investment Strategy
:mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert: EUR/USD

I've placed an order to sell EUR/USD if price reaches 1.3149.  Further details are below:

===========================================

CIS* Alert Service (C017AS)

Date:  Wednesday, August 12, 2010

Action:   Sell 2 units EUR/USD at 1.31490

Stop Loss:  1.31850

Take Profit:   1.301

CIS* Complimentary Investment Strategy
:mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert: GBP/USD

My most recent trade is outlined below:
===========================================

CIS* Alert Service (C016AS)

Date:  Wednesday, August 12, 2010

Action:   Sell 1 unit GBP/USD at 1.5765
Action:   Sell 1 unit GBP/USD at 1.579

Stop Loss:  1.5830 for both

Take Profit:   1.562 for both
CIS* Complimentary Investment Strategy
:mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert: USD/CHF

My most recent trade is outlined below:
===========================================

CIS* Alert Service (C015AS)

Date:  Wednesday, August 12, 2010

Action:   Sell 1 unitUSD/CHF at current market levels (1.05718)

Stop Loss:  106.5

Take Profit:   1.035
CIS* Complimentary Investment Strategy
:mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert: AUD/USD

Trade details for a short I took:

===========================================

CIS* Alert Service (C014AS)

Date:  Tuesday, August 10, 2010

Action:   Sell 2 units at current market levels (0.91336)

Stop Loss:  92.10

Take Profit:   90.5

CIS* Complimentary Investment Strategy
: tg

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

BDI FOREX PROFIT REPORT

B D I   F O R E X   P R O F I T   R E P O R T

MONTH OF JULY 2010

ORDER DATE   PAIR/PAIR   CODE   ACTION   UNITS   PRICE   DATE FULFILLED   CLOSE PRICE   PIP RESULT  
JUL 29, 2010       AUD/USD      C008AS   SELL       1     @     0.9094    ORDER EXPIRED      N/A                      --
JUL 29, 2010       AUD/USD      C008AS   SELL       1     @     0.9110    ORDER EXPIRED      N/A                      --
JUL 29, 2010       AUD/JPY        C009AS   SELL       1     @     77.851    ~JUL 29, 2010             74.551                   ~+373      ~+373
JUL 30, 2010       AUD/JPY        C010AS   SELL       2     @     77.58      ~JUL 30, 2010             78.226                   ~-36.5       ~-73
JUL 30, 2010      USD/JPY          C011AS   SELL       2     @     0.86604  ~JUL 30, 2010             0.86538                 ~+7.5       ~+15

TOTAL:  5 ORDERS  PLACED,  3 ORDERS FILLED FOR MONTH OF JULY 2010 FOR RESULT OF:         +344          +315

PORTFOLIO EFFECT ON A MINI ACCOUNT:              + $315
PORTFOLIO EFFECT ON A STANDARD ACCOUNT:   + $3150

YEAR TO DATE:
APR   ~ + 128
MAY  ~ - 808
JUN     ~ + 243
JUL    ~ + 315
TOT: ~ - 122

Trade Alert: EUR/USD

We didn't get the bounces I was looking for, but things are starting to fall into place for a substantial risk reversal.  These things can sometimes take time, but for those who are more aggressive, I am going to test the waters with only one unit.  More conservative traders may want to wait for further confirmation, or until the volume returns.  The market is in the middle of the typical summer low volume. 
===========================================

CIS* Alert Service (C013AS)

Date:  Tuesday, August 3, 2010

Action:   Sell 1 unit EUR/USD at 1.315

Stop Loss:  1.33

Take Profit:   1.30

CIS* Complimentary Investment Strategy
: tgi

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert: EUR/USD

Looking for EUR/USD to top.  Until there is confimation that it has we can take advantage of some bounces off of 1.31 resistance and 1.30 support.  Will be looking to add.

===========================================

CIS* Alert Service (C012AS)

Date:  Sunday, August 1, 2010

Action:   Sell 1 unit EUR/USD at 1.308

Stop Loss:  1.312

Take Profit:   1.30

CIS* Complimentary Investment Strategy
: mw

===========================================



Did you know you can be immediately informed of trade alerts?
Follow us on Twitter at: http://www.twitter.com/BDIForex
You can have our twitter alerts sent to your mobile phone as soon as we update it.

Don't have a Twitter account yet? Get one by going to http://www.twitter.com/


Products and Services:
Want to understand the reasoning behind the trade?  Learn to Trade Forex with a Mentor: LMT Mentor
Ready to open a Forex Account?  Get up to $250 cash bonus on your FX account.  Post your request on this blog today.
From the Desk of
Aaron Reid
Forex Strategist