Jun 232010

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

Jun 222010

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

Jun 012010

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

May 042010

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

Apr 212010

Good Afternoon Friends,

Well I have not really been trading today, I have been busy helping out at my daughters school.

There was a early GBP/USD trade for 6.7 pips and really nothing else till the afternoon.

So when I started to look at around Wall St opening time I didn’t really see anything to trade my Stochastic Strategy to trade on.  There is an Oil announcement on a Wednesday so that tends to throw that into turmoil.  So to my surprise I noticed about 2.5 hours later the signals were there.  With it being a little later in the day than I am used to I decided to only go for 10 points.

 

Oil Trade

Oil Trade

Other than the Oil which was a good trade, I didn’t use my Stochastic Strategy on any Forex Pairs.

To Your Trading Success

The Investor Guru

Apr 212010

Morning Friends,

As the airports open and the skies are full of travellers, I see the markets as this in the morning.

EUR/USD (Fiber)
I would see trading chances:
For Long above 13450, take profit at 13485-13500.  Stop Loss at 13430
For Short below 13395, take profit at 13350-13335.  Stop Loss at 13420

GBP/USD (Cable)
I would see trading chances:
For Long above 15400, take profit at 15460.  Stop Loss at 15360
For Short below 15305, take profit at 15250.  Stop Loss at 15345

Cable has been ranging between 15330 and 15378.  With the news coming in the morning there could be some good chances to earn good pips.

I have already taken over 22 pips this morning and will be placing my trades here soon.

To Your Trading Success.

The Investor Guru

Apr 202010

Good Morning Friends,

Well yesterday afternoon was a little bit of a damp squib as far as the stochastic strategy goes. I did take just over 10 on Oil, however that disappointed me somewhat as I was just over 20 points up going for 25. This is a very good example of when GREED takes over. Under normal circusmstances I would have been happy with the 20 and most probably would have had a limit set.

So now for today…Well the Dust in the European air is still causing issues. My sister-in-law is currently stuck in Dubai. I could think of worse places to be stuck, and for my Icelandic friends “ÉG von allt er ALLT Í LAGI í þinn fagur land”.

This morning it has been a little bit more lively than first anticipated, oh well 5.7 points is better than 0, and the day is still young.

GBP/USD Early Trade

GBP/USD Early Trade

Lets see where the rest of the day brings.

Well I ended the morning on 21.2 pip’s up so not a bad mornings work…then came the afternoon and I am not sure what happend, I very nearly did some revenge trading and I am so glad I held firm and didn’t.  Anyway the sum total is that I ended the day 1.2 pip’s up…Yes that’s right 1.2.

To Your Trading Success

The Investor Guru

Apr 192010

Morning all,

Well there have been some big moves overnight again. Over the last month these have been attributed to the Dilema that Greece are currently facing. However I believe the latest slump is down to the Icelandic Volcanic dust that has currently grounded the majority of the European Airlines. I am adjusting this morning and will be short selling the Air France / KLM and British Airways. I will post my results here.

All that said I did see early signals on my Stochastic Strategy and took an early 10 points. I set a limit of 10.

Early Cable Stochastic Trade for 10 Points

Early Cable Stochastic Trade for 10 Points

So I am now waiting for the FTSE opening to see if this takes the markets even lower.

Back Soon

To Your Trading Success

The Investor Guru

Apr 062010

Morning Friends,

I hope you have all had a good few days rest over the holidays. The mother of a friend of mine died over the weekend, my thoughts are with you Farai.

Well an early morning couple of trades for me today. I traded my stochastic strategy on Oil, entry 8645 and took 8 points at 8653. Very early for big moves and I wanted to make the week a really good one. I am going away with my family for a few days and we are all looking forward to it…No Laptops allowed!

Well just time to tell you of my trade on Cable…Had been talking with a friend in the states and we were discussing shorting Cable at the S1 level of 15241. It had been using this as resistance all morning so when it shot up earlier we both jumped on.  See below how the trade went.

Cable Trade from Resistance at S1

Cable Trade from Resistance at S1

Well I am off now to enjoy a week away with my family…No electronic items allowed.

The Investor Guru

Mar 312010

Afternoon Friends,

I hope you are all well and had a good morning trading.  I have decided to put my blog together in the afternoon today so that I can take into account the Oil breakout trade I do in the afternoons.

So I will start with this mornings trade, which I might add is a good place to start.  You may or may not be aware that for the morning breakout I normally set a limit of 12 points.

Cable Breakout 31/03

Cable Breakout 31/03

So then I was off taking the girls to school and missed a whole load of fun around 08:30 – 09:00 GMT.  Oh well 12 points are in the bag.

I was thinking around lunchtime, why would you ever let a winning trade turn into a loser, or not have a systematic way of taking profits, if you weren’t convinced the market was going your way indefinitely?  Why would you hesitate to take a trade or not put it on at all, unless you were conviced that it was a loser when the market was at your original entry point?  Why would you break your money management rules by trading too large a position relative to your equity or emotional tolerance to sustain a loss, if you weren’t positive that you had a sure thing?  and why would you, because you know that anything can happen when you are trading and you have your strategy.  Your strategy has as many indicators that you need to help tell you when to enter the trade and when to exit.

Well it was pick up the girls from school time and then to the Wednesday Oil breakout trade.  Very interesting trade this afternoon.  There were quite a few significant levels to get to grips with.  I had 2 OTO’s (Orders to Open) placed, one long and yes the other short.  I cancelled the long OTO, I was not convinced that the trade would go long, call it gut feeling or intuition.  I left the OTO short and when the market changed it did with vengence and I was very soon triggered in, thankfully I was never out of profit and was very soon 20 points to the good.

Oil Breakout

Oil Breakout

Although I was very pleased with my analysis of the market and the execution of the trade, a lot of my friends were all triggered long around 8347 and lost around 50+ points each.

Here is to another day.

To Your Trading Success.

The Investor Guru