Tuesday, September 30, 2014

Today's Signals 9/30/14

Current Positions:

Short EUR/JPY 138.82 +53 stop to breakeven

Closed Positions:
Buy GBP/USD 1.6247 stopped breakeven

New Signals 9/29/14

New Positions:

Buy GBP/USD 1.6247 or lower
Short EUR/JPY 138.82 or higher

Closed Positions:

Buy GBP/JPY 177.79 stopped breakeven
Buy EUR/JPY 138.94 stopped breakeven
Short XAU/USD 1221.67 +28

Friday, September 26, 2014

Trade Signals 9/26/14

New Positions:
Buy GBP/JPY 177.79 or lower
Buy EUR/JPY 138.94 or lower
Short XAU/USD 1221.67 or higher

Closed Positions:
Buy EUR/AUD 1.4418 +94
Buy GBP/USD 1.6327 -31



*Stops are based on the previous swing high or low prior to the signal and require an hourly close above or below this swing high or low; they are not based on a strict price.

Thursday, September 25, 2014

New Signals 9/25/14

Current Positions:
Buy GBP/USD 1.6327 +12
Buy EUR/AUD 1.4418 +28

Closed Positions:

Short EUR/USD 1.2856 +129
Short XAU/USD 1227.72 +110
Long EUR/JPY 139.39 -70

*Stops are based on the previous swing high or low prior to the signal and require an hourly close above or below this swing high or low; they are not based on a strict price.

Wednesday, September 24, 2014

Today's Signals 9/24/14

Current Positions based on hourly charts:

Short EUR/USD 1.2856 stop to break even +96
Short XAU/USD 1227.72 stop to break even +53

Closed Positions:
Short AUD/CAD .9797 stopped break even


*Stops are always based on the previous swing high or low prior to the signal and require an hourly close above or below this swing high or low; they are not based on a strict price.

Tuesday, September 23, 2014

Today's Signals 9/23/14

Current Positions:

Short Eur/USD 1.2856 or higher
Short AUD/CAD .9797 or higher
Short XAU/USD 1227.72 or higher

Exited the following trades in the past 24 hours:


Long USD/CAD 1.0967 +56
Long EUR/AUD 1.4363+89
Long GBP/USD 1.6331 +27
Long EUR/JPY 140.08 -40






*Stops are always based on the previous swing high or low prior to the signal and require an hourly close above or below this swing high or low; they are not based on a strict price.

Monday, September 22, 2014

Today's Signals 9/22/14

Nice morning action as the loss from Friday has been over taken with a really nice pop in EUR/AUD

Exit USD/CHF .9350 +35

Long USD/CAD 1.0967 +30, stop to break even
Long EUR/AUD 1.4363+113 stop to break even

New positions

Long GBP/USD 1.6331 or lower
Long EUR/JPY 140.08 or lower

*Stops are always based on the previous swing high or low prior to the signal.

Friday, September 19, 2014

Today's Signals 9/19/14

Three markets signaled today:

Buy USD/CHF .9350 or lower
Buy USD/CAD 1.0965 or lower, 1.0967 or lower
Buy EUR/AUD 1.4363 or lower

Results:
Buy USD/CAD -65

Second signal on USD/CAD

Open Positions:
Long USD/CHF .9350 +46
Long USD/CAD 1.0967+8
Long EUR/AUD 1.4363+1

Stops are based on an hourly close BELOW the swing low at the time of the the signal.

September has returned with welcome volatility

After what has been a shockingly sludgy market, September has seen volatility expansion to the Forex markets with a bang.

Here are the pip totals so far with 2 weeks of trading said and done.

EUR/USD no trades
GBP/USD +212
AUD/USD +114
EUR/JPY +171
GBP/JPY +198
USD/CAD +32
XAU/USD +231
OIL +272

Most gains were primarily set up on Tuesday the 16th, which was a FED speaking day. It's encouraging to see that the FED announcements are once again causing markets to move.

*Please note, all trades are taken off the meantrades hourly system applying a daily supertrend filter to determine which trades to exclude and which trades to take.

**No position sizing modifications were made for these pip totals. If one were to consider position sizing modification, the first trade after the daily supertrend filter would be a full sized position while each additional trade taken in the same direction as the established daily supertrend would be a half size position. This is necessary in a low volatility environment where waiting for the supertrend cross to exit would create extremely small gains as the price behavior in such an environment, contrary to expectations, does not trend well at all. It is in the truest sense of the word, a mean reverting environment.