Trade Update

Caught a few pips, and want to lighten my load of open positions, so I closed this for a minor profit.  Other postions still working.  Going to go back to the longer time frame charts so done with intra-day trades.  Fridays can be a little wonky anyway, and month end doesn't help.

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

CIS* Alert Service UPDATE (C011AS)

Date:  Friday, July 30, 2010

Action:   Closed 2 units USD/JPY at current market levels (0.86.538)

Stop Loss:  NA

Take Profit:   NA

CIS* Complimentary Investment Strategy
: af

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



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:
Learn to Trade Forex with a Mentor: LMT Mentor
Members can get up to $250 cash bonus on their forex account.  Find out how by posting on this blog today.   

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert: Sell USD/JPY

I am usually not too keen on trading intra-day and on the shorter time frame charts, but this pair has approached minor resistance on a smaller time frame, so I am going to see if I can catch a few pips:

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

CIS* Alert Service UPDATE (C011AS)

Date:  Friday, July 30, 2010

Action:   Sell 2 unit USD/JPY at current market levels (0.86.604)

Stop Loss:  86.810

Take Profit:   0.86

CIS* Complimentary Investment Strategy
: af

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



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:
Learn to Trade Forex with a Mentor: LMT Mentor
Members can get up to $250 cash bonus on their forex account.  Find out how by posting on this blog today.   

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert: Sell AUD/JPY

We got stopped out for minimal profit late last night on this pair, but the tone of the risk appetite today means I am more confident that AUD/JPY is on it's way down.  I bought at current market levels, but I have left a generous stop loss price, so consider entering if the price heads higher to a price you are willing to risk, or wait until confirmation of direction, as if it is going down I will most certainly be looking at areas where I can add to my position.  Never risk more than you can afford to lose.

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

CIS* Alert Service UPDATE (C010AS)

Date:  Friday, July 30, 2010

Action:   Sell 2 unit AUD/JPY at current market levels (0.7758)

Stop Loss:  0.79 

Take Profit:   0.75746

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:
Learn to Trade Forex with a Mentor: LMT Mentor
Members can get up to $250 cash bonus on their forex account.  Find out how by posting on this blog today.   

From the Desk of
Aaron Reid
Forex Strategist

AUD/JPY Trade Update

We entered the trade quite early, I am adjusting the stop, and if it heads back up I will consider shorting again. 
===========================================

CIS* Alert Service UPDATE (C009AS)

Date:  Thursday, July 29, 2010

Action:   Sell 1 unit AUD/JPY at 0.78046

Stop Loss:  0.79  **Adjust to .7775**

Take Profit:   0.75746

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:
Learn to Trade Forex with a Mentor: LMT Mentor
Members can get up to $250 cash bonus on their forex account.  Find out how by posting on this blog today.   

From the Desk of
Aaron Reid
Forex Strategist

Trade Alert: Sell AUD/JPY

Here are the details of an AUD/JPY postion I opened earlier today.  There is a possible head and shoulders pattern unfolding here, and if that is the case, we've caught it early at the high, close to the point where the pattern would be invalidated.  If the pattern continues to develop, then I will be looking to add to this position.  If I do, I will be sure to post.  If you would like to be updated in a timely manner I urge you to follow me on twitter.  In coming months, I hope to be developing that service, but for now that is the best way to remain as up-to-date as possible.

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

CIS* Alert Service  (C009AS)

Date:  Thursday, July 29, 2010

Action:   Sell 1 unit AUD/JPY at 0.78046

Stop Loss:  0.79

Take Profit:   0.75746

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:
Learn to Trade Forex with a Mentor: LMT Mentor
Members can get up to $250 cash bonus on their forex account.  Find out how by posting on this blog today.   

From the Desk of
Aaron Reid
Forex Strategist

AUD/USD Trade Alert

I have been watching and waiting patiently for this pair to finally top out.  My orders to sell this pair are detailed below.

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

CIS* Alert Service

Title and Code:   CIS* Alert Service, C008AS

Date:  Thursday, July 29, 2010

Action:   Sell 1 unit AUD/USD at 0.9094
Action:   Sell 1 unit AUD/USD at 0.9110

Stop Loss:  0.9178

Take Profit:   0.8817, second unit open for now


CIS* Complimentary Investment Strategy
: tg, rs

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



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:
Learn to Trade Forex with a Mentor: LMT Mentor
Members can get up to $250 cash bonus on their forex account.  Find out how by commenting on this blog today!   

From the Desk of
Aaron Reid
Forex Strategist