Forex Wealth

Forex Dasboard Trades 03 February 2009

2009-02-03T20:00:00.002+02:00

Not a great day trading. GBPUSD looked set to break higher at london open but then reversed. I sold at the bottom of channel and it reversed again so a real whipsaw.Later on during the day i got direction right and sold usdchf which recovered some of my losses. Total net loss - 57 pips

Forex Dasboard Trades 02 February 2009

2009-02-03T19:56:00.002+02:00

Small profit today traded EURUSD total profit net +24 pips

Forex Dasboard Trades 26 January 2009

2009-01-26T18:31:00.003+02:00

Another profitable session morning only. total net profit + 36 pips

Forex Dasboard Trades 23 January 2009

2009-01-26T18:28:00.002+02:00

Excellent day trading only morning session total net profit + 130 pips

Forex Dasboard Trades 22January 2009

2009-01-26T18:25:00.002+02:00

Another great day less counter trend trades and more selective. Total net profit + 66 pips

Forex Dasboard Trades 21 January 2009

2009-01-26T18:23:00.002+02:00

Better trading day Total net profit +76 pips

Forex Dasboard Trades 20 January 2009

2009-01-26T18:21:00.001+02:00

Another bad day got caught on wrong side of counter trend trades. Total net loss -203 pips

Forex Dasboard Trades 19 January 2009

2009-01-26T18:08:00.002+02:00

Bad trading day total nett loss -181 pips

Forex Dasboard Trades 16 January 2009

2009-01-26T18:02:00.003+02:00

Slow Day trading but profitable Nett profit + 12 pips

Forex Dashboard Trades 15 January 2009

2009-01-15T19:47:00.005+02:00

The Euro took center stage today with the ECB cutting interest rates by 50 Bp. I played the volatility and made some nice profits Total profit + 101 pips

Forex Dashboard Trades 14 January 2009

2009-01-15T19:43:00.003+02:00

Nice trading day played the correlation between equity markets weakness and the yen crosses. Total profit + 129 pips. (please note on some of the trades taken i use different position sizes so pip count may differ if you just look at the buy and sell price)

Forex Dashboard Trades 13 January 2009

2009-01-15T19:41:00.002+02:00

Slow day total profit + 11 pips

Forex Dashboard Trades 12 January 2009

2009-01-15T19:39:00.003+02:00

Better trading day far less trades total profit + 46 pips

Forex Dashboard Trades 9 January 2009

2009-01-09T19:23:00.002+02:00

Bad day trading got caught on the wrong side of EURJPY trade which i left open over the weekend. Total Loss -313 pips

Forex Dashboard Trades 8 January 2009

2009-01-08T19:30:00.001+02:00

Bad Day Trading total loss -135 pips.

Forex Dashboard Trades 7 January 2009

2009-01-07T19:22:00.005+02:00

hi there another really good trading day. the morning session was showing a very strong pound and weak euro. eu looked like a good bet to go short and it looked like gu was going to sell off as well but pound remained stubborn. I managed to etch out over 100 pips including a nice short on gy for 64 pips. the NY session was extremely frustrating as gu had a major run up over 300 pips and was due a retrace. dollar weakness occurred on the back of a very bad ADP number 200 k worse than expected. Crude oil inventories showed a far higher than expected inventory so oil weakened as well as gold dropped $ 30 so i was really expecting a big move in dollar strength. The move was very dissapointing I kept on shorting eu and gu with not much success. The pound just got stronger and stronger. The end result was a +167 pip gain for the day. (please see the attached log of all trades taken for the session. ignore the gold trade took that trade by mistake but was a minimal loss anyway)

Forex Dashboard Trades 6 January 2009

2009-01-06T18:53:00.005+02:00

Hi all another profitable day! eur remained extremely weak during the london session but i persisted going long as crude was recovering very nicely and i actually expected quite a big movement from eurusd. The pound remained very strong and i landed up making some pips on GU as well. I traded the NY session but the moves on the news for US ISM non manufacturing were disappointing ,landed up with a small loss. Overall made + 91 pips for the day (please see attached trades)

Forex Dashboard Trades 5 January 2009

2009-01-05T19:40:00.009+02:00

well welcome all to 2009 I trust you all had a good New Year. we opened with an absolute cracker . It was a slow start the pound was very strong and if you had just trade GBPUSD without looking at the other pairs you would have got burnt quite badly with a long position. The key was the sell off in gold ( $15 initially and then a further $14 later on ) and the strengthening dollar. It was very clear on the dashboard what was happening. i was focusing on the pound and with hindsight should have rather gone for eurusd and usdchf initially. As the usd was strengthening i knew that the pound would reverse against the dollar so i shorted gbpusd and as soon as it retraced i continued shorting it along with the eurusd. Later on after i thought the move had exhausted itself i reversed the trades and went long it worked like a charm. The result a massive + 217 pips profit (please see attached trades)

Forex Dashboard Trades 24 December 2008

2008-12-24T13:19:00.001+02:00

Even Slower day . AU -8, GY -11, GY +4, AU +1, EU -15. Total Loss -29 pips

Forex Dashboard Trades 23 December 2008

2008-12-24T13:17:00.003+02:00

Slow day not much volume. GU +25, GU + 27, EY -7, CADJPY -10, GU + 8, GBPCHF -23, GU -1 , GU -5 . Total profit + 14 pips

Forex Dashboard Trades 22 December 2008

2008-12-22T19:20:00.004+02:00

Today was a slow start but once again turned out profitable. I took a number of trades but got faked out a few times taking some negative trades initially. What was very clear was how weak the GBP was if i had taken only the GBPUSD short i would have made plenty pips but the Euro just seemed too strong so i was looking at a reversal. A long story short gold broke down and took GU and EU further with it. GU dropped around 200 pips.My trades EY -33 , USDCHF -11, EU +1, GU + 22, GU + 20, GU + 26, ,USDCHF +9, EU +39 . Total nett profit of 73 pips. I took a further long on GU for + 31 pips but i didnt include in my results as i took outside of trading room.

Forex Dashboard Trades 19 December 2008

2008-12-19T15:59:00.005+02:00

well today was an incredibly frustrating day but very profitable. I started by going short on GY but the overall picture looked like it was reaching big support levels so i closed for a small loss. I then decided to go long on a reversal of GY that too faked me out for another loss. I was so focused on the pound that i didnt see the EURUSD plummeting through resistance on the back of a spike down on gold. By he time i got in on EY and EU the move looked like it had exhausted itself. I persevered and carried on selling EU as it retraced higher.GOLD continued to get weaker so i was hoping for a reversal. Eventually it turned and i landed making a very nice profit + 254 pips in total (please see my live trades attached with times and prices. I have blocked out the position size as i dont want traders to follow my position sizing etc Money Management is according to what you have in your own account and how you manage your own risk) Please see attached screen shots of GOLD and EURUSD and how they correlated as well as the trades i took. To enlarge just click on the picture

Forex Dashboard Trades 18 December 2008

2008-12-18T17:31:00.005+02:00

HToday was a great trading day. It started off quietly but gained some real good momentum later. I traded against the trend on the GBPUSD initially and took a bit of a knock but then UK retail sales came out and GU turned around nicely. Gold spiked up and with it AUDUSD and EURUSD i timed it just right as there was a bit of a lag to get in on these currencies. my trades for the day GU+30, GY + 202, GU - 3, EY -1, EU +3, GU -59, AU +28, USDCAD +19, GU +8, EU +21, GU -68 . Total nett profit +180 pips.

The key was the sudden spike up in Gold thats what triggered the sell off on USD. It was a clear signal and the people in the chat room made some nice profits on the back of this.

Forex Dashboard Trades 17 December 2008

2008-12-17T14:46:00.004+02:00

Today was a very mixed session no clear trades, but the pound looked weak so i waited for a break of support and went short on GBPUSD AND GBPJPY. Unfortunately this trade wasnt going my way i landed up takeing a loss of -38 pips on GBPUSD and GBPJPY -12. EURYEN then looked like reversing so i went short and made +28 pips. The UK claimant count came in really bad and the pound weakened substantially i went short on GBPUSD on a break of support, the price retraced and i went short again took profits at +27 and +51 pips .My total nett profit for the day + 56 pips.

I have attached a chart of how the pound weakened even further on the back of the bad news out of UK. A trade on GBPCHF would have yielded a possible 526 pips. (see attached screenshots - click on to enlarge)

Forex Dashboard Trades 16 December 2008

2008-12-17T14:32:00.003+02:00

today was a public holiday so i didnt have much time to trade. There wasnt many trading opportunities but i saw a nice setup on a short eurusd and gbpusd managed to make +18 and +32 pips respectively for a total of + 47 pips. The trade was over wiythin 30 minutes and my day was done.