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. 

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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

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


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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.
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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

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



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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:

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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

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


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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!
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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.

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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.

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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.

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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.
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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.

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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. 

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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
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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.

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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.

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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!

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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.

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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.

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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