Hi my friends,
It has been a while (last year) since I posted. Well I am going to post next week, so keep watching this space.
Rgds,
IG
Hi All,
There are many different trading blogs all giving you an insight into how to trade and how not to. Until you actually place your first trade you will not realise how scary it can be. My advice would be to find a number of different strategies, never do double up strategies…Why? Because when they are good they are good, however when they are bad they can wipe you out in an instant.
I am still trading my strategies and doing well. At the moment I am having trouble finding the time to post on my blog everyday. A friend of my who does not have the time issues writes one and it can be found here http://www.stochastic-strategy.com.
Soon enough I will be back writing here on a monthly basis then weekly…You get the picture.
Thank you for your patience.
Good morning traders,
I have been trading a new strategy and the returns are … WOW magnificent. Yesterday I could not trade due to no phone line, however the trade made well in excess of 50+ pips in 30 minutes.
Trading chances for today.
GBP/USD
Long @ 14840
Stop @ 14820 (20 pips)
Take Profit @ 14890-14915 (50+ pips)
Short @ 14795
Stop @ 14820 (25 pips)
Take Profit @ 14745-14720 (50+ pips)
EUR/USD
Long @ 12295
Stop @ 12265 (30 pips)
Take Profit @ 12340-70 (45+ pips)
Short @ 12235
Stop @ 12260 (25 pips)
Take Profit @ 12195-12165 (40+ pips)
Oil
Long @ 7780
Stop @ 7740 (40 pips)
Take Profit @ 7820-7840 (40+ pips)
Short @ 7695
Stop @ 7750 (55 pips)
Take Profit @ 7650-7640 (45+ pips)
It is Oil Inventories day so be cautious. There is some football on at the same time as the announcement. There may be not as much movement in the market.
So you want to know more. I know, why wouldn’t you. Let’s face it who couldn’t do with at least 50 pips a day which this strategy has done everyday last week. Watch this space for an exclusive offer.
To Your Trading SUCCESS
The Investor Guru
Good morning traders,
I have been trading a new strategy and the returns are … WOW magnificent. Monday was 70+ pips in 25+ minutes.
Interested…See below trading chances or check out Stochastic Strategy Page.
Trading chances for today.
GBP/USD
Long @ 14815
Stop @ 14780 (45 pips)
Take Profit @ 14880-14900 (65+ pips)
Short @ 14730
Stop @ 14775 (45 pips)
Take Profit @ 14670-14650 (60+ pips)
EUR/USD
Long @ 12370
Stop @ 12330 (40 pips)
Take Profit @ 12415-12430 (45+ pips)
Short @ 12255
Stop @ 12310 (45 pips)
Take Profit @ 12190-12160 (45+ pips)
Oil
Long @ 7885
Stop @ 7845 (40 pips)
Take Profit @ 7930-7945 (45+ pips)
Short @ 7765
Stop @ 7815 (50 pips)
Take Profit @ 7710-7690 (55+ pips)
So you want to know more. I know, why wouldn’t you. Let’s face it who couldn’t do with at least 50 pips a day which this strategy has done everyday last week. Watch this space for an exclusive offer.
To Your Trading SUCCESS
The Investor Guru
Good Morning Traders,
THE FOLLOWING TRADING SIGNALS ARE A ANALYSIS OF GBP/USD, EUR/USD & OIL
EXPECTATIONS FOR TODAY’S TRADING
All times are UK.
Announcement information is taken from http://www.forexfactory.com
High Impact Announcements for Today
09:00 GBP Halifax HPI m/m 0.3% -0.1%
12:00 CAD Employment Change 16.8K 108.7K
12:00 CAD Unemployment Rate 8.1% 8.1%
13:30 CAD Building Permits m/m -1.8% 12.2%
13:30 USD Non-Farm Employment Change 529K 290K
13:30 USD Unemployment Rate 9.8% 9.9%
15:00 CAD Ivey PMI 59.8 58.7
Medium Impact Announcements for Today
Day 1 ALL G20 Meetings
08:40 CHF SNB Chairman Hildebrand Speaks
13:30 USD Average Hourly Earnings m/m 0.1% 0.0%
Trading Chances for Today
GBP/USD
Long @ 1.4650
Take-Profit @ 1.4690-1.4710
Stop-Loss @ 1.4630
Short @ 1.4610
Take-Profit @ 1.4590-1.4575
Stop-Loss @ 1.4630
EUR/USD
EURUSD also lost some strength over night and is now in a mini sideways range.
Long @ 1,2220
Take-Profit @1.2280-1.2300
Stop-Loss @ 1.2175
Short @ 1.2140
Take-Profit @ 1.2100-1.2070
Stop-Loss @ 1.2170
Always take care of your stop management and consider your money and risk to reward ratio. Never over expose yourself.
TRADING TIP OF THE DAY
Anything can happen! You do not need to know what is going to happen next in order to make money.
To Your Trading Success
Good Morning Traders,
The Following Trading Signals are a Analysis of GBP/USD & EUR/USD
Rather neutral news from Europe has been the reason that EUR/USD did not leave its sideways range. There was an interesting short trade in USD/CAD in the afternoon where 29 pips were on offer due to good news of the Canadian Gross Domestic Product.
Expectations for Today’s Trading
After the early morning movement I will be expecting more volatility in the afternoon today.
Trading Chances for Today
GBP/USD
Early Cable losses and now appears to be parked in a sideways range.
Long @ 1.4555
Take-Profit @ 1.4595-1.4605
Stop-Loss @ 1.4520
Short @ 1.4450
Take-Profit @ 1.4385-65
Stop-Loss @ 1.4490
EUR/USD
EURUSD also lost some strength over night and is now in a mini sideways range.
Long @ 1.2320
Take-Profit @1.2370-90
Stop-Loss @ 1.2285
Short @ 1.2230
Take-Profit @ 1.2185-1.2160
Stop-Loss @ 1.2275
Always take care of your stop management and consider your money and risk to reward ratio. Never over expose yourself.
TRADING TIP OF THE DAY
Do you trade according to your trading system?
Yes? No?
Sometimes a small change can make big results. Maybe you should think about your trading system and maybe change it.”
Do you write down all your trades in a diary?
To Your Trading Success
The Following Trading Signals are a Analysis of GBP/USD & EUR/USD
After a sideways range in the morning there was a movement in EUR/USD in the direction of 1.2190 after good news from USA. In comparison to EUR/USD GBP/USD was stuck in a sideways range.
Expectations for Today’s Trading
After the early morning movement I will be expecting more volatility in the afternoon today.
Trading Chances for Today
GBP/USD had already some wins in the morning due to good news from Asia.
Long @ 1.4505
Take-Profit @ 1.4585-1.4620
Stop-Loss @ 1.4445
Short @ 1.4350
Take-Profit @ 1.4285-50
Stop-Loss @ 1.4410
EUR/USD was a similar picture to GBP/USD
Long @ 1.2320
Take-Profit @1.2385-1.2410
Stop-Loss @ 1.2255
Short @ 1.2135
Take-Profit @ 1.2085-60
Stop-Loss @ 1.2195
Always take care of your stop management and consider your money and risk to reward ratio. Never over expose yourself.
TRADING TIP OF THE DAY
“What about your trading system? Do you trade according to it? Yes? No?
Maybe you should think about your trading system and maybe change it.”
To Your Trading Success
The Invetor Guru
EUR/USD…Greece we are coming!!!
Hello Friends and Traders,
There was a long lasting sideways range in the EUR/USD chart. However, I had some fine trades in GBP/USD & Oil.
Profit of the day: 52 pips.
In the morning I did not expect this result, it was a bank holiday in the UK and there have often been false break-outs, mini trades with only a few pips.
Looking Back
After a range between 1.3205 and 1.3250 the course of EUR/USD and GBP/USD lost a lot after Germany’s Chancellor Angela Merkel promise for the Greek aid package.
It seemed as if the whole world was waiting, will it go further on with Greece.
Further the economic news of Switzerland, the European Currency Union and USA has been positive.
However, let’s stop talking here. It is more important, how the markets will go on today.
High Impact Announcements for Today
09:30 GBP Manufacturing PMI
15:00 USD Pending Home Sales m/m
Medium Impact Announcements for Today.
07:00 EUR German Retail Sales m/m
09:30 GBP Net Lending to Individuals m/m
15:00 USD Factory Orders m/m
However, let’s wait and see. I would expect more movement in GBP/USD than yesterday; also in EURUSD it could be more volatile when Wall Street opens.
When the markets are trending sideways like they are at the moment, they can be more difficult to trade.
Forex Trading Chances for Today
EUR/USD
EUR/USD lost a lot this morning due to the finished Greek package of the EU.
Today morning 04:30 GMT the cross pair is in a range between 1.3186-1.3214.
I would see trading chances for long above 1.3230 with take-profit at 1.3295-1.3320 and stop-loss at 1.3190.
For short there could be some chances below 1.3170 with take-profit 1.3120-1.3070 and stop-loss 1.3195.
GBP/USD
For GBP/USD it’s the same picture. The cross pair is now in a range between 1.5230-1.5264.
I would see trading chances for long above 1.5285 with take-profit at 1.5340-1.5360 and stop-loss at 1.5245.
For short there could be some chances below 1.5210 with take-profit 1.5140-1.5100 and stop-loss 1.5260.
Always take care of your stop management.
Trading Tip of the Day
Always check your trading and look at different time scales.
What can you see?
Look at the 4-hour-chart, 1-hour-chart, etc. Until you reach your favourite time scale for trading your given strategy. You will see a different view point and this could aid your trading.
To Your Trading Success
The Investor Guru
Well even though in the United Kingdom there is what is called a Bank Holiday, GBP/USD has give me 2 trades this morning and I am currently looking at a possible 3rd. The first trade took a little longer than anticipated. Entry was short at 15244.8 and the exit with 13 points was at 15231.8. I can hear some of you asking why have a 13 point limit. Well my aim is to increase my trading account by 5% per day. For the whole of April I hit the target. Now for May the plan remains the same, and I have calculated that today I need 52 points so 4 trades at 13 point will be good enough.
So now on to the 2nd trade of the day, a long trade which didn’t take too long at all to come along or to take my 13 point limit.
I have to say that so far this morning it has possibly been the best Monday for a while. When the signals are lined up it isn’t really taking long to get the points I am looking for. Now the reverse of the 2nd trade, the 2nd short trade. At this rate I will have my required points before our American Cousins come on board.
I am now going to take a well earned rest and will be back in a couple of hours when Wall St opens.
To Your Trading Success
The Investor Guru
Hello Friends,
This was my Friday morning, everything was over and done with pretty quickly. I had a busy day away from trading so felt I need to get my points early. However as you are all aware this is really not the correct way to trade. Anyway the signals were there so I was able to get 20 points. I used a Stochastic Strategy that is also part of my strategy arsenal.
When I say nice and early it was just before 07:00 GMT. Not my prefered time of trading for the stochastic strategy, under normal circumstances I would trade only range breakouts before 07:00 GMT (08:00 am in the Europe). Because of my need to leave I did not hang around during or after the trade.

Stochastic Strategy - 20 points
After this trade I quickly closed my charts so that I would not be tempted into any other trades, I did notice when I was able to go back and analyse the day that I realistcally could have had more points.
To Your Trading Success
The Investor Guru



Follow me on Twitter
Recent Comments