Good Afternoon Traders,
I only have but a minute here, so let me quickly go over the orders I have placed, and later I will expand on them.
First I have place 3 orders to sell the AUD/USD. I sell one unit at 0.9655, one at 0.9665, and one more at 0.9685 should price get to that level. The stop loss is 0.9718 for all 3 units. I am taking profit at 0.9600, 0.9560, and 0.9520. (C049IS)
For the GBP/USD I plan to sell 3 units as well. One at 1.5765, one at 1.5790, and one at 1.5810. The stop loss is 1.5843 for all 3 units, and the take profit levels I am looking for are 1.5670, 1.5610, and 1.550. (C050IS)
I will write a little commentary for my trade later in the afternoon, and as always will twitter when it has been posted.
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Thursday, September 30, 2010
Tuesday, September 28, 2010
Forex Trade Alert for EUR/USD and EUR/GBP
Hi Traders,
We are heading into a critical area of the S&P, and I am going to be watching the 1153 to 1160 area for signs of failure. With this in mind, I am trading looking for a pull back in the EUR/USD. I have placed orders to buy a unit at 1.355 and another at 1.352. I am placing stop losses at 1.3495 for both units. I will sell the first unit at the target price of 1.3620 and 1.3640 for the second unit. (Trade C047AS)
I am also looking at the EUR/GBP for a pullback. I have placed an order to buy if I see 85.80 and another unit at 85.40. A stoploss order will be placed at 85.40. I am looking to take profit at 86.10 and 86.45. (Trade C048AS)
Please stay tuned for more updates. If you would like to get immediate updates of my forex trades, I encourage you to follow me on twitter. It takes only a couple of minutes to sign up for an account if you don't have one already, and you can set it up so that you get my twitter messages right to your phone as soon as they are posted. We will continue to develop this service over the next couple of months.
Also, as a reminder, if you are interested in learning more about trading forex, please take advantage of the content in the "Resources" section. Personally, I would recommend the LMT Mentor, where you can get weekly and daily analysis of the market for the opportunity to learn, using the forex marketplace as your classroom.
Talk to you soon,
Aaron
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
We are heading into a critical area of the S&P, and I am going to be watching the 1153 to 1160 area for signs of failure. With this in mind, I am trading looking for a pull back in the EUR/USD. I have placed orders to buy a unit at 1.355 and another at 1.352. I am placing stop losses at 1.3495 for both units. I will sell the first unit at the target price of 1.3620 and 1.3640 for the second unit. (Trade C047AS)
I am also looking at the EUR/GBP for a pullback. I have placed an order to buy if I see 85.80 and another unit at 85.40. A stoploss order will be placed at 85.40. I am looking to take profit at 86.10 and 86.45. (Trade C048AS)
Please stay tuned for more updates. If you would like to get immediate updates of my forex trades, I encourage you to follow me on twitter. It takes only a couple of minutes to sign up for an account if you don't have one already, and you can set it up so that you get my twitter messages right to your phone as soon as they are posted. We will continue to develop this service over the next couple of months.
Also, as a reminder, if you are interested in learning more about trading forex, please take advantage of the content in the "Resources" section. Personally, I would recommend the LMT Mentor, where you can get weekly and daily analysis of the market for the opportunity to learn, using the forex marketplace as your classroom.
Talk to you soon,
Aaron
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Monday, September 27, 2010
Trade Alert for GBP/USD
Hi,
I have a few trades working this morning, and I like the price level of the GBP/USD, so I bought a unit of the pair at current market levels (1.83). My stoploss is at 1.579, and my take profit level is 1.59.
It's got some support in and around the 1.579 area, and looks to be rebounding on that support. Another intraday trade here, I am not confident in the longer-term picture at the moment because of the extreme price levels of some of the pairs. I am not convinced they are going to keep going so until I feel confident with the direction of the trend I will trade with tighter stoplosses and with fewer units. I will let the charts guide me, and will post my findings, thoughts, and trading plans here. You can stay totally up-to-date by following me on twitter.
I will spend the rest of the day monitoring the trades I currently have open.
Talk to you soon.
(Trade C046AS)
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
I have a few trades working this morning, and I like the price level of the GBP/USD, so I bought a unit of the pair at current market levels (1.83). My stoploss is at 1.579, and my take profit level is 1.59.
It's got some support in and around the 1.579 area, and looks to be rebounding on that support. Another intraday trade here, I am not confident in the longer-term picture at the moment because of the extreme price levels of some of the pairs. I am not convinced they are going to keep going so until I feel confident with the direction of the trend I will trade with tighter stoplosses and with fewer units. I will let the charts guide me, and will post my findings, thoughts, and trading plans here. You can stay totally up-to-date by following me on twitter.
I will spend the rest of the day monitoring the trades I currently have open.
Talk to you soon.
(Trade C046AS)
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Alert for EUR/USD
Good Morning Traders,
I am not sure how much further the EUR/USD has to go, but for the time being the pair remains in it's bullish channel. The short-term upside target is limited, but there is evidence that we could see this approach 1.38. For the time being, I am keeping this an intra day trade, and so stay tuned by following me on twitter to get immediate updates if I feel we need to tweek things as things develop.
At the moment, I am looking for the price to come to me at 1.345, putting a stoploss at 1.3405, and a take profit order at 1.35. If it's looking good, I may adjust the stops to break even at that level and see where the trade takes me. Keep posted.
(Trade C045AS)
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
I am not sure how much further the EUR/USD has to go, but for the time being the pair remains in it's bullish channel. The short-term upside target is limited, but there is evidence that we could see this approach 1.38. For the time being, I am keeping this an intra day trade, and so stay tuned by following me on twitter to get immediate updates if I feel we need to tweek things as things develop.
At the moment, I am looking for the price to come to me at 1.345, putting a stoploss at 1.3405, and a take profit order at 1.35. If it's looking good, I may adjust the stops to break even at that level and see where the trade takes me. Keep posted.
(Trade C045AS)
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Friday, September 24, 2010
Trade Alert for AUD/USD
Well, if one thing is true, a trader's work is never done.
Looking at the longer term charts for the AUD/USD, I am getting a true appreciation of the extreme pricing of the pair. We are not all that far away from historical all-time highs. Not only that, the RBA has not been unknown to intervene when price heads into these extreme levels. I think if the pair were to head higher over the next few weeks, the likelihood of intervention would be a real possibility. On that note, I am cancelling the order to buy into the mid-94 area, and instead sell on remaining strength. We may well get a bounce at that 94 level and head back up again, but I am going to opt for the longer term trade here (the short) rather than the shorter term trade (the long). I will look to long again once the correction has run it's course.
At any rate, this is a counter trend trade, so others of you may look to still work that long trade should price dip. If you do, I would still consider taking profits and shorting at the 96 level once again.
Thanks. And I hope you find the commentary useful. I am told by my "techie" friend that if anyone is going to have any luck finding my blog I better actually add some content. I'm a trader not a computer guy, so I guess I'll have to take his word for it. And well, I suppose if it's helpful to you, then leaving the trading dashboard every once in a while to give an explanation of my trades is the right thing to do.
Details below:
OPEN POSITIONS:
===========================================
CIS* Alert Service (C044AS)
Date: Friday September 24, 2010
Action: Sold AUD/USD at current market levels ~95.9
Take Profit: 93.5
Stop Loss: 97.30
CIS* Complimentary Investment Strategy
ref: ws
------------------------------------------------------------
CIS* Alert Service (C043AS)
Date: Friday September 24, 2010
Action: Sold USD/JPY at current market prices ~84.3
Take Profit: 83.7
Stop Loss: 84.9
CIS* Complimentary Investment Strategy
Ref: mw
===========================================
PENDING ORDERS:===========================================
CIS* Alert Service (C042AS) I am taking the short instead. CANCELLING this order.
Date: Friday September 24, 2010
Action: Order to buy 1 unit AUD/USD @ 94.9
Take Profit: 95.8
Stop Loss: 94.4
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C041AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit GBP/USD @ 1.5615
Take Profit: 1.572
Stop Loss: 1.555
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================1.52
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Looking at the longer term charts for the AUD/USD, I am getting a true appreciation of the extreme pricing of the pair. We are not all that far away from historical all-time highs. Not only that, the RBA has not been unknown to intervene when price heads into these extreme levels. I think if the pair were to head higher over the next few weeks, the likelihood of intervention would be a real possibility. On that note, I am cancelling the order to buy into the mid-94 area, and instead sell on remaining strength. We may well get a bounce at that 94 level and head back up again, but I am going to opt for the longer term trade here (the short) rather than the shorter term trade (the long). I will look to long again once the correction has run it's course.
At any rate, this is a counter trend trade, so others of you may look to still work that long trade should price dip. If you do, I would still consider taking profits and shorting at the 96 level once again.
Thanks. And I hope you find the commentary useful. I am told by my "techie" friend that if anyone is going to have any luck finding my blog I better actually add some content. I'm a trader not a computer guy, so I guess I'll have to take his word for it. And well, I suppose if it's helpful to you, then leaving the trading dashboard every once in a while to give an explanation of my trades is the right thing to do.
Details below:
OPEN POSITIONS:
===========================================
CIS* Alert Service (C044AS)
Date: Friday September 24, 2010
Action: Sold AUD/USD at current market levels ~95.9
Take Profit: 93.5
Stop Loss: 97.30
CIS* Complimentary Investment Strategy
ref: ws
------------------------------------------------------------
CIS* Alert Service (C043AS)
Date: Friday September 24, 2010
Action: Sold USD/JPY at current market prices ~84.3
Take Profit: 83.7
Stop Loss: 84.9
CIS* Complimentary Investment Strategy
Ref: mw
===========================================
PENDING ORDERS:
CIS* Alert Service (C042AS) I am taking the short instead. CANCELLING this order.
Date: Friday September 24, 2010
Action: Order to buy 1 unit AUD/USD @ 94.9
Take Profit: 95.8
Stop Loss: 94.4
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C041AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit GBP/USD @ 1.5615
Take Profit: 1.572
Stop Loss: 1.555
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================1.52
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Alert for USD/JPY
There is bound to be some major resistance in the 83.55 area and most certainly in the 82.88 area, but I am looking to make a quick buck on the recent bounce. Other traders may want to go long when it gets down to those areas, which I may also do should the price once again reach those levels later today. I purchased the pair at current market levels, and the details of the trade are posted below:
OPEN POSITIONS:
===========================================
CIS* Alert Service (C043AS)
Date: Friday September 24, 2010
Action: Sold USD/JPY at current market prices ~84.3
Take Profit: 83.7
Stop Loss: 84.9
CIS* Complimentary Investment Strategy
Ref: mw
===========================================
PENDING ORDERS:===========================================
CIS* Alert Service (C042AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit AUD/USD @ 94.9
Take Profit: 95.8
Stop Loss: 94.4
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C041AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit GBP/USD @ 1.5615
Take Profit: 1.572
Stop Loss: 1.555
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================1.52
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
OPEN POSITIONS:
===========================================
CIS* Alert Service (C043AS)
Date: Friday September 24, 2010
Action: Sold USD/JPY at current market prices ~84.3
Take Profit: 83.7
Stop Loss: 84.9
CIS* Complimentary Investment Strategy
Ref: mw
===========================================
PENDING ORDERS:
CIS* Alert Service (C042AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit AUD/USD @ 94.9
Take Profit: 95.8
Stop Loss: 94.4
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C041AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit GBP/USD @ 1.5615
Take Profit: 1.572
Stop Loss: 1.555
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================1.52
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Alert for AUD/USD
Hi Traders,
Today is going to be a test of patience. A lot of the pairs certainly do look like they are taking off. I'm not even going to try to chase them, because I like the balance I have in my account, and quite frankly, I am not looking to lose it. The only way I am going to look to trade with the trend is if the price comes back down to me. If trading currency was as easy as catching a trend late, then the vast majority of forex traders would be successful rather than the vast majority being unsuccessful. It's all about tipping the scales in your favour. It is at the following entry prices that the scales begin to tip. So it's really a matter of statistics.
If you continually take trades that are statistically more likely to lose than win, then don't expect that account balance to grow. Expect to eventually to have your account get wiped out.
So here are the entry points I am looking for that will finally tip the scales in my favour for the AUD/USD. If price never gets there, I'd rather make no money than lose it:
OPEN POSITIONS: None at this time.
===========================================
CIS* Alert Service
Date:
Action:
Take Profit:
Stop Loss:
CIS* Complimentary Investment Strategy
Ref:
===========================================
PENDING ORDERS:===========================================
CIS* Alert Service (C042AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit AUD/USD @ 94.9
Take Profit: 95.8
Stop Loss: 94.4
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C041AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit GBP/USD @ 1.5615
Take Profit: 1.572
Stop Loss: 1.555
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================1.52
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Today is going to be a test of patience. A lot of the pairs certainly do look like they are taking off. I'm not even going to try to chase them, because I like the balance I have in my account, and quite frankly, I am not looking to lose it. The only way I am going to look to trade with the trend is if the price comes back down to me. If trading currency was as easy as catching a trend late, then the vast majority of forex traders would be successful rather than the vast majority being unsuccessful. It's all about tipping the scales in your favour. It is at the following entry prices that the scales begin to tip. So it's really a matter of statistics.
If you continually take trades that are statistically more likely to lose than win, then don't expect that account balance to grow. Expect to eventually to have your account get wiped out.
So here are the entry points I am looking for that will finally tip the scales in my favour for the AUD/USD. If price never gets there, I'd rather make no money than lose it:
OPEN POSITIONS: None at this time.
===========================================
CIS* Alert Service
Date:
Action:
Take Profit:
Stop Loss:
CIS* Complimentary Investment Strategy
Ref:
===========================================
PENDING ORDERS:
CIS* Alert Service (C042AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit AUD/USD @ 94.9
Take Profit: 95.8
Stop Loss: 94.4
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C041AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit GBP/USD @ 1.5615
Take Profit: 1.572
Stop Loss: 1.555
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================1.52
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Alert for GBP/USD
Hi Traders,
I am taking a look at the GPB/USD pair, and I am looking for a pullback to the 1.5615 area. The pair is in an uptrend, but the trick is to find a decent entry. The stochastics and macd divergence was suggesting for a while that price was going to come back down, and if it does, I would really like the look of a long.
I placed an order, and it looks like this:
OPEN POSITIONS: None at this time.
===========================================
CIS* Alert Service
Date:
Action:
Take Profit:
Stop Loss:
CIS* Complimentary Investment Strategy
Ref:
===========================================
PENDING ORDERS:===========================================
CIS* Alert Service (C041AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit GBP/USD @ 1.5615
Take Profit: 1.572
Stop Loss: 1.555
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================1.52
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
I am taking a look at the GPB/USD pair, and I am looking for a pullback to the 1.5615 area. The pair is in an uptrend, but the trick is to find a decent entry. The stochastics and macd divergence was suggesting for a while that price was going to come back down, and if it does, I would really like the look of a long.
I placed an order, and it looks like this:
OPEN POSITIONS: None at this time.
===========================================
CIS* Alert Service
Date:
Action:
Take Profit:
Stop Loss:
CIS* Complimentary Investment Strategy
Ref:
===========================================
PENDING ORDERS:
CIS* Alert Service (C041AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit GBP/USD @ 1.5615
Take Profit: 1.572
Stop Loss: 1.555
CIS* Complimentary Investment Strategy
Ref: mw
------------------------------------------------------------------------------
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================1.52
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Alert for EUR/USD
Hi Traders,
I placed an order to buy EUR/USD this morning around 8:30 and I just as I was getting ready to update this blog the price shot up. I didn't catch the move, but I am not going to try to chase it and nor should you. My order to buy the pair is still on the table, however I may be cancelling it soon. I am not optimistic about it coming back to me, and where it would be headed should it come back down anyway. I will watch and wait at this point.
I am going to try something new, and specify whether my trades are expected to be short term trades, or whether they are longer term trades. I realize with many people's schedules don't make the really short term trades make sense, so I figure if I specify it on twitter you will know right away whether or not this trade is something you quickly want to take a look at and decide whether it is one you might entertain taking.
With that said, no alert to buy or sell is a recommendation from me to you to buy or sell. It is a record of my personal trades and orders only. The risk of trading Forex must be yours and yours alone!
On that note, my order my friends:
I am not interested in holding this position over the weekend, so I am closing the remaining unit of the EUR/USD short I had working for a nominal profit.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
I placed an order to buy EUR/USD this morning around 8:30 and I just as I was getting ready to update this blog the price shot up. I didn't catch the move, but I am not going to try to chase it and nor should you. My order to buy the pair is still on the table, however I may be cancelling it soon. I am not optimistic about it coming back to me, and where it would be headed should it come back down anyway. I will watch and wait at this point.
I am going to try something new, and specify whether my trades are expected to be short term trades, or whether they are longer term trades. I realize with many people's schedules don't make the really short term trades make sense, so I figure if I specify it on twitter you will know right away whether or not this trade is something you quickly want to take a look at and decide whether it is one you might entertain taking.
With that said, no alert to buy or sell is a recommendation from me to you to buy or sell. It is a record of my personal trades and orders only. The risk of trading Forex must be yours and yours alone!
On that note, my order my friends:
I am not interested in holding this position over the weekend, so I am closing the remaining unit of the EUR/USD short I had working for a nominal profit.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C040AS)
Date: Friday September 24, 2010
Action: Order to buy 1 unit EUR/USD @ 1.340
Action: Order to buy 1 unit EUR/USD @ 1.337
Take Profit: 1.3445 and 1.353
Stop Loss: 1.335
CIS* Complimentary Investment Strategy
Ref: tcd
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Friday, September 17, 2010
Trade Update for EUR/USD
I am not interested in holding this position over the weekend, so I am closing the remaining unit of the EUR/USD short I had working for a nominal profit.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS) Now Closed
Date: Thursday September 16, 2010, Update Friday Sept. 17
Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action: Sold 2 units EUR/USD @ current market conditions @ ~1.305
Action: Bought (closed) 2 units EUR/USD @ current market conditions(small profit)
Action: Bought (closed) 1 unit EUR/USD @ current market conditions (nominal profit)
Action: Bought (closed) 1 unit EUR/USD@ current market conditions (nominal profit)
Take Profit: 1.28
Stop Loss: 1.3125
CIS* Complimentary Investment Strategy
Ref: sod
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS) Now Closed
Date: Thursday September 16, 2010, Update Friday Sept. 17
Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action: Sold 2 units EUR/USD @ current market conditions @ ~1.305
Action: Bought (closed) 2 units EUR/USD @ current market conditions(small profit)
Action: Bought (closed) 1 unit EUR/USD @ current market conditions (nominal profit)
Action: Bought (closed) 1 unit EUR/USD@ current market conditions (nominal profit)
Take Profit: 1.28
Stop Loss: 1.3125
CIS* Complimentary Investment Strategy
Ref: sod
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
Trade (C039AS) EUR/USD position were closed for nominal profit.
--------------------------------------------------------------------------
===========================================
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Update for EUR/USD
Closed one more of my open postitions of EUR/USD for a nominal profit. One unit is now left open.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS)
Date: Thursday September 16, 2010, Update Friday Sept. 17
Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action: Sold 2 units EUR/USD @ current market conditions @ ~1.305
Action: Bought (closed) 2 units EUR/USD @ current market conditions(small profit)
Action: Bought (closed) 1 unit EUR/USD @ current market conditions (nominal profit)
Take Profit: 1.28
Stop Loss: 1.3125
CIS* Complimentary Investment Strategy
Ref: sod
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS)
Date: Thursday September 16, 2010, Update Friday Sept. 17
Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action: Sold 2 units EUR/USD @ current market conditions @ ~1.305
Action: Bought (closed) 2 units EUR/USD @ current market conditions(small profit)
Action: Bought (closed) 1 unit EUR/USD @ current market conditions (nominal profit)
Take Profit: 1.28
Stop Loss: 1.3125
CIS* Complimentary Investment Strategy
Ref: sod
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
--------------------------------------------------------------------------
===========================================
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Update for EUR/USD
Wow, this move has made me nervous, especially with the Irish new out. I have dumped 2 of my units for nominal profit. 2 units are still working. Going to re-evaluate to see if this pair is worth holding onto. In meantime adjusted stop losses. Changes, as always, are in bold. I don't usually trade "finicky" trades that require this much monitoring, I am normally a "set it and forget" it guy, so sorry about all the updates on this one... but bare with me as I may adjust my trading plan on this pair further....
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS)
Date: Thursday September 16, 2010, Update Friday Sept. 17
Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action: Sold 2 units EUR/USD @ current market conditions @ ~1.305
Action: Bought (closed) 2 units EUR/USD @ current market conditions (small profit)
Take Profit: 1.28
Stop Loss: 1.3125
CIS* Complimentary Investment Strategy
Ref: sod
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS)
Date: Thursday September 16, 2010, Update Friday Sept. 17
Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action: Sold 2 units EUR/USD @ current market conditions @ ~1.305
Action: Bought (closed) 2 units EUR/USD @ current market conditions (small profit)
Take Profit: 1.28
Stop Loss: 1.3125
CIS* Complimentary Investment Strategy
Ref: sod
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
--------------------------------------------------------------------------
===========================================
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Update for EUR/USD
I went to bed last night without placing orders to sell into 1.315, and boy am I kicking myself. Adding to the position at current market levels and adjusting stop losses. 1.31 area should hold, but watching this one closely. Changes in bold.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS)
Date: Thursday September 16, 2010, Update Friday Sept. 17
Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action: Sold 2 units EUR/USD @ current market conditions @ ~1.305
Take Profit: 1.28
Stop Loss: 1.3168
CIS* Complimentary Investment Strategy
Ref: sodi
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS)
Date: Thursday September 16, 2010, Update Friday Sept. 17
Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action: Sold 2 units EUR/USD @ current market conditions @ ~1.305
Take Profit: 1.28
Stop Loss: 1.3168
CIS* Complimentary Investment Strategy
Ref: sodi
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
--------------------------------------------------------------------------
===========================================
Would you like to receive daily and weekly analysis of the currency market?
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Thursday, September 16, 2010
Trade Alert for EUR/USD
Hi Traders,
I'm liking how the EUR/USD is looking and so I am placing an order: (I am definitely looking to add more so stay tuned or follow me on twitter for immediate updates)
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS)
Date: Thursday September 16, 2010
Action: Order to Sell 1 unit EUR/USD @ 1.3110
Take Profit: 1.28
Stop Loss: 1.3215
CIS* Complimentary Investment Strategy
Ref: sod
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
I'm liking how the EUR/USD is looking and so I am placing an order: (I am definitely looking to add more so stay tuned or follow me on twitter for immediate updates)
OPEN POSITIONS:
===========================================
CIS* Alert Service (C039AS)
Date: Thursday September 16, 2010
Action: Order to Sell 1 unit EUR/USD @ 1.3110
Take Profit: 1.28
Stop Loss: 1.3215
CIS* Complimentary Investment Strategy
Ref: sod
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C038AS) GBP/USD position was closed at our take profit level. :)
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Wednesday, September 15, 2010
Trade Alert for GBP/USD
Hi Traders,
Making a very short term trade here. Markets are at extremes, so trade cautiously. I will be keeping an eye on the markets, but will likely not be trading for the remainder of the day.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C038AS)
Date: Wednesday September 15, 2010
Action: Sell 2 units GBP/USD @ current market levels 155.30
Take Profit: 155.85 for both units
Stop Loss: 154.980
CIS* Complimentary Investment Strategy
Ref: tcd
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C037AS) AUD/JPY position was stopped out during the night
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Making a very short term trade here. Markets are at extremes, so trade cautiously. I will be keeping an eye on the markets, but will likely not be trading for the remainder of the day.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C038AS)
Date: Wednesday September 15, 2010
Action: Sell 2 units GBP/USD @ current market levels 155.30
Take Profit: 155.85 for both units
Stop Loss: 154.980
CIS* Complimentary Investment Strategy
Ref: tcd
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C037AS) AUD/JPY position was stopped out during the night
--------------------------------------------------------------------------
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Tuesday, September 14, 2010
Trade Update for AUD/JPY
Hi Traders,
Re-entered AUD/JPY at current market levels.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C036AS)
Date: Monday September 13, 2010, Updated Tuesday Sept. 14
Action: Sell 3 units AUD/JPY @ current market levels 77.898
Action: Closed (Bought) 2 units at current market levels (77.829)
Action: Sell 1 unit AUD/JPY @ current market levels (78.35)
Take Profit: 77.15 for all units, keep posted
Stop Loss: 1.2905 for all units, keep posted for adjustments
CIS* Complimentary Investment Strategy
Ref: mwi
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C033AS) AUD/JPY position was closed at entry for 0 pips profit.
--------------------------------------------------------------------------
Trade (C037AS)
EUR/JPY was closed at 1.07 for approximately 70 pips profit.
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Re-entered AUD/JPY at current market levels.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C036AS)
Date: Monday September 13, 2010, Updated Tuesday Sept. 14
Action: Sell 3 units AUD/JPY @ current market levels 77.898
Action: Closed (Bought) 2 units at current market levels (77.829)
Action: Sell 1 unit AUD/JPY @ current market levels (78.35)
Take Profit: 77.15 for all units, keep posted
Stop Loss: 1.2905 for all units, keep posted for adjustments
CIS* Complimentary Investment Strategy
Ref: mwi
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C033AS) AUD/JPY position was closed at entry for 0 pips profit.
--------------------------------------------------------------------------
Trade (C037AS)
EUR/JPY was closed at 1.07 for approximately 70 pips profit.
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Trade Alert for AUD/JPY
Hi Traders,
I dropped 2 of my working units on my AUD/JPY position, leaving one working. I am looking to re-enter. Details of all orders and trades are below, changes are in bold. Look for updates shortly for targeted re-entry price. Follow me on twitter to get immediate updates on your mobile when this blog has been updated.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C036AS)
Date: Monday September 13, 2010, Updated Tuesday Sept. 14
Action: Sell 3 units AUD/JPY @ current market levels 77.898
Action: Closed (Bought) 2 units at current market levels (77.829)
Stop Loss: 1.2905 for remaining unit
Take Profit: 77.15 for remaining unit
CIS* Complimentary Investment Strategy
Ref: mwi
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C033AS) AUD/JPY position was closed at entry for 0 pips profit.
--------------------------------------------------------------------------
Trade (C037AS)
EUR/JPY was closed at 1.07 for approximately 70 pips profit.
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
I dropped 2 of my working units on my AUD/JPY position, leaving one working. I am looking to re-enter. Details of all orders and trades are below, changes are in bold. Look for updates shortly for targeted re-entry price. Follow me on twitter to get immediate updates on your mobile when this blog has been updated.
OPEN POSITIONS:
===========================================
CIS* Alert Service (C036AS)
Date: Monday September 13, 2010, Updated Tuesday Sept. 14
Action: Sell 3 units AUD/JPY @ current market levels 77.898
Action: Closed (Bought) 2 units at current market levels (77.829)
Stop Loss: 1.2905 for remaining unit
Take Profit: 77.15 for remaining unit
CIS* Complimentary Investment Strategy
Ref: mwi
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS:
===========================================
Trade (C033AS) AUD/JPY position was closed at entry for 0 pips profit.
--------------------------------------------------------------------------
Trade (C037AS)
EUR/JPY was closed at 1.07 for approximately 70 pips profit.
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
AUD/JPY Trade Update
Hi, I just very quickly took profit on two of my 3 units of my working AUD JPY position, and will look to re-enter. Stay tuned. I will try to post an official update shortly.
From the Desk of
Aaron Reid
Forex Strategist
From the Desk of
Aaron Reid
Forex Strategist
Monday, September 13, 2010
Trade Alert for EUR/JPY
Hi Traders,
I did not update it on my blog, but my AUD/JPY trade got closed due to human error. I re-entered the trade at current market levels and have included the details of my re-entry as a new trade. All the details of my open, pending, and recently closed trades are listed below. I hope this does not create too much confusion and hope that the new format is easier to follow. All updates on positions and orders are below, new positions in bold:
OPEN POSITIONS:
===========================================
CIS* Alert Service (C036AS)
Date: Monday September 13, 2010
Action: Sell 3 units AUD/JPY @ current market levels 77.898
Stop Loss: 1.2905 for all units
Take Profit:
CIS* Complimentary Investment Strategy
Reference: mwi
===========================================
PENDING ORDERS:===========================================
None at this time.
===========================================
CLOSED POSITIONS
===========================================
Trade (C033AS)
AUD/JPY position was closed at entry for 0 pips profit.
--------------------------------------------------------------------------
Trade (C037AS)
EUR/JPY was closed at 1.07 for approximately 70 pips profit.
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
I did not update it on my blog, but my AUD/JPY trade got closed due to human error. I re-entered the trade at current market levels and have included the details of my re-entry as a new trade. All the details of my open, pending, and recently closed trades are listed below. I hope this does not create too much confusion and hope that the new format is easier to follow. All updates on positions and orders are below, new positions in bold:
OPEN POSITIONS:
===========================================
CIS* Alert Service (C036AS)
Date: Monday September 13, 2010
Action: Sell 3 units AUD/JPY @ current market levels 77.898
Stop Loss: 1.2905 for all units
Take Profit:
CIS* Complimentary Investment Strategy
Reference: mwi
===========================================
PENDING ORDERS:
None at this time.
===========================================
CLOSED POSITIONS
===========================================
Trade (C033AS)
AUD/JPY position was closed at entry for 0 pips profit.
--------------------------------------------------------------------------
Trade (C037AS)
EUR/JPY was closed at 1.07 for approximately 70 pips profit.
===========================================
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.
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/
From the Desk of
Aaron Reid
Forex Strategist
Learn to Trade Forex
Hello Traders,
I get a lot of questions about my the trades that I make, why I enter and exit when I do, and why I didn't enter a trade on a pair that ended up making a big move. There is no easy answer to that question, but the short answer is, "for lots of reasons!" But I realize that is of very little use to you...
For those of you raising those questions, that is good. You should! It is important to understand why you are taking a trade, or why you aren't. If you are following my trades for ideas you may take yourself, then I hope that you have found my trade ideas useful. But it would not be wise to blindly take every trade that I make and keep your fingers crossed. It is important to understand a little bit about what is going on in the market and what signals I see in particular pairs that suggest a possible trade. Understanding forex is necessary to feel confident in your trades, and to ensure you are not taking more risk than you are comfortable with.
My focus with this blog, however, is on the trading, on not so much on the teaching. Perhaps one day I will add that to the mix (my forex guide I promised is still in the works), but for now, I devote my time elsewhere. And when it comes to forex, it is spent almost exclusively on trading. But that doesn't mean I don't think that learning the basics of trading forex, and then learning the finer points about forex isn't important. It is important. But because I don't do that here, I thought I would address your questions the best way I know how, and that is to refer you to someone who does focus on teaching forex.
His name is Dean Saunders, and, while I don't know him personally, I have been a member of his site for over a year now. As a currency trader, I am a member of many different forums and online communities, and attend conferences, expos, and seminars. This is pretty normal for experienced forex traders because it means we can have contact with traders all over the world any time of day to bounce ideas off of, to verify what we are seeing in the markets, or to gain a new perspective on trends that we may have been overlooking. I am no different. There are a few guys out there that I keep tabs on or contact more regularly than others because I find they are good at what they do. Dean's site is one that visit quite regularly to verify what I am seeing in the market, or to gain new perspective.
What makes his membership site special is that this membership site does not just provide tutorials on how to trade, but rather he looks at most of the major pairs on a daily basis so you can apply the basic concepts right away to the current market conditions. Pretty cool concept, really.
It's not like you are going to read some manual or pdf about how to trade and then you are left to your own devices. He explains on a daily basis what he sees as the best opportunities in the market and why he thinks so based on what the market is doing that day. You will see, practically in "real-time", the application of the basic concepts and the reasoning behind possible entry points so that you might learn to identify the best trading opportunities on your own. His site attracts experienced forex traders while still being "newbie" friendly, so there is no need to worry about out-growing his site and advancing beyond what he can offer.
I have been trading forex successfully for 6 years and follow many experts in the field to continually develop, and tweak my trading strategies or to verify what I think I see in the market. In particular, I take into account Dean's analysis of the market with my own to verify what it is I think is going on in the market. But for you, it can be a great place to learn how to trade forex successfully.
If you want to check out his membership site, you can do so for free for as long as you like. There is no time limit to accessing some of his weekly insights for free (I was a free member for over 6 months or so, so there really is no rush or obligation to become a member). If you do become a member then you will have access to his daily insights on most of the major pairs.
If you are new to forex, then as a courtesy to Dean, I would like to ask that you check out his tutorials on the basics of trading forex before watching his daily or weekly analysis. It will give you greater appreciation that his service is to teach forex and is not a tipping service. The guy is a great teacher, and so I will stick with trading and sharing those trades, and graciously pass the teaching over to him.
Check out what he has to offer by following this link: LMT Mentor, and remember, you can always start with the free weekly analysis to get a taste of what he does.
Thanks,
Aaron Reid
Forex Strategist
I get a lot of questions about my the trades that I make, why I enter and exit when I do, and why I didn't enter a trade on a pair that ended up making a big move. There is no easy answer to that question, but the short answer is, "for lots of reasons!" But I realize that is of very little use to you...
For those of you raising those questions, that is good. You should! It is important to understand why you are taking a trade, or why you aren't. If you are following my trades for ideas you may take yourself, then I hope that you have found my trade ideas useful. But it would not be wise to blindly take every trade that I make and keep your fingers crossed. It is important to understand a little bit about what is going on in the market and what signals I see in particular pairs that suggest a possible trade. Understanding forex is necessary to feel confident in your trades, and to ensure you are not taking more risk than you are comfortable with.
My focus with this blog, however, is on the trading, on not so much on the teaching. Perhaps one day I will add that to the mix (my forex guide I promised is still in the works), but for now, I devote my time elsewhere. And when it comes to forex, it is spent almost exclusively on trading. But that doesn't mean I don't think that learning the basics of trading forex, and then learning the finer points about forex isn't important. It is important. But because I don't do that here, I thought I would address your questions the best way I know how, and that is to refer you to someone who does focus on teaching forex.
His name is Dean Saunders, and, while I don't know him personally, I have been a member of his site for over a year now. As a currency trader, I am a member of many different forums and online communities, and attend conferences, expos, and seminars. This is pretty normal for experienced forex traders because it means we can have contact with traders all over the world any time of day to bounce ideas off of, to verify what we are seeing in the markets, or to gain a new perspective on trends that we may have been overlooking. I am no different. There are a few guys out there that I keep tabs on or contact more regularly than others because I find they are good at what they do. Dean's site is one that visit quite regularly to verify what I am seeing in the market, or to gain new perspective.
What makes his membership site special is that this membership site does not just provide tutorials on how to trade, but rather he looks at most of the major pairs on a daily basis so you can apply the basic concepts right away to the current market conditions. Pretty cool concept, really.
It's not like you are going to read some manual or pdf about how to trade and then you are left to your own devices. He explains on a daily basis what he sees as the best opportunities in the market and why he thinks so based on what the market is doing that day. You will see, practically in "real-time", the application of the basic concepts and the reasoning behind possible entry points so that you might learn to identify the best trading opportunities on your own. His site attracts experienced forex traders while still being "newbie" friendly, so there is no need to worry about out-growing his site and advancing beyond what he can offer.
I have been trading forex successfully for 6 years and follow many experts in the field to continually develop, and tweak my trading strategies or to verify what I think I see in the market. In particular, I take into account Dean's analysis of the market with my own to verify what it is I think is going on in the market. But for you, it can be a great place to learn how to trade forex successfully.
If you want to check out his membership site, you can do so for free for as long as you like. There is no time limit to accessing some of his weekly insights for free (I was a free member for over 6 months or so, so there really is no rush or obligation to become a member). If you do become a member then you will have access to his daily insights on most of the major pairs.
If you are new to forex, then as a courtesy to Dean, I would like to ask that you check out his tutorials on the basics of trading forex before watching his daily or weekly analysis. It will give you greater appreciation that his service is to teach forex and is not a tipping service. The guy is a great teacher, and so I will stick with trading and sharing those trades, and graciously pass the teaching over to him.
Check out what he has to offer by following this link: LMT Mentor, and remember, you can always start with the free weekly analysis to get a taste of what he does.
Thanks,
Aaron Reid
Forex Strategist
Subscribe to:
Posts (Atom)