Trader123's trading ideas - Page 13

trader123 · 09-22-2008, 01:39 PM

Buying Opportunity for USDCAD

US Dollar weaken is overdone, this weaken should stablise temporary. Good support at 1.0420 on the hourly chart, I predict USDCAD will rebound from there.

My trading system has signal BUY for USDCAD

Bought 30,000 USDCAD at 1.0464
Stop level at 1.0400
Target level at 1.0542

System Signals BUY for USDJPY
In my previous article "USDJPY is a Good Barometer of the Stock Market", I mentioned that my system is starting to signal BUY for USDJPY.

Usually when my system gives a signal, I look use hourly chart to determine my entry level.

Hourly chart shows that USDJPY is oversold, so I took the opportunity to buy USDJPY.

Bought 30,000 USDJPY at 106.56
Stop level at 105.40
Target level at 107.90

See here: Forex & Binary Trading

trader123 · 12-03-2008, 09:38 AM

Review On My Trades For This Week So Far (100% Success Rate)

Here are the trades in the first 2 days of December (100% success rate):

1) US$126 profit from GBPUSD:
Forex & Binary Trading: Took Profit On GBPUSD (63 Pips Profit)

2) US$120.55 profit from USDJPY:
Forex & Binary Trading: Took Profit on USDJPY (56 Pips Profit)

3) US$380 profit from GBPUSD:
Forex & Binary Trading: Target Level Reached For GBPUSD (190 Pips Profit)

4) US$454.16 profit from EURJPY:
Forex & Binary Trading: Target Level Reached For EURJPY (213 Pips Profit)

All of my trades are executed based on BL TS (trading system).

Times are bad and its going to get worse. Job losses has hit Wall Street and its going to hit Main Street soon. No job is secured, only our bills and mortgages are secured. We need an alternative income for us to get through the tough times.

FX trading can be a source of alternative income for you and me. Click here to open a FX trading account. Demo trading is free, no harm giving it a try.

If you need help in your trading, send an email to me at metal.commodity@gmail.com.

trader123 · 12-04-2008, 02:35 PM

US$919.33 Profit For This Week (1 Dec - 4 Dec)

This week 6 trades were executed: 5 trades won, 1 trades lost (83.33% success rate). 458 pips profit was generated.

1. USD/JPY – Long closed (-104 pips) on 4 Dec, see here

Open Buy: USD/JPY @ 93.51
Stop level: 92.47
Target level: 94.66
Closed: 92.47 (Loss is 104 pips, US$224.94)

2. USD/CAD – Long closed (+40 pips) on 4 Dec, see here

Open Long: USD/CAD @ 1.2547
Stop level: 1.2443
Target level: 1.2663
Closed: 1.2587 (Profit is 40 pips, US$63.56)

3. GBP/USD - Short closed (+63 pips) on 2 Dec, see here

Open Short: GBP/USD @ 1.4868
Stop level: 1.4950
Target level: 1.4735
Closed: 1.4805 (Profit is 63 pips, US$126)

4. USD/JPY – Shorted closed (+56 pips) on 2 Dec, see here

Open Short: USD/JPY @ 93.46
Stop level: 94.30
Target level: 92.51
Closed: 92.90 (Profit is 56 pips, US$120.55)

5. GBP/USD - Shorted closed (+190 pips) on 1 Dec, see here

Open Short 20,000 GBP/USD at 1.5311
Stop level at 1.5510
Target level at 1.5121
Closed: 1.5121 (Profit is 190 pips, US$380.00)

6. EUR/JPY - Shorted closed (+213 pips) on 1 Dec, see here

Open Short 20,000 EURJPY at 120.73
Stop level at 123.00
Target level at 118.60
Closed: 118.60 (Profit is 213 pips, US$454.16)

All of my trades are executed based on BL TS (trading system).

Have you been making money from your stock investment? I guess no, as we are in a bear market now. Do you still think that stocks are cheap, time to buy? How long have you suffered loss due to this belief?

Since early 2008 I have switched from stock investment to forex trading. I have relied on my BL TS system for my trade signals and I have been making money. Making money makes seeing cash inflows in our bank account, not holding to some stocks that are perceived as undervalued, yet see no tomorrow.

If you are interested to generate alternative income by tapping on BL TS, send an email to me at metal.commodity@gmail.com.

Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.

trader123 · 12-05-2008, 08:57 AM

Generating Alternative Income

Times are bad, jobs are not secured but we still have bills to pay. We need alternative income as a backup for worst case scenario.

FX trading can generate alternative income if you have access to profitable trade alert system.

I provide trade alert emails to my customers for a fee of US$60 for 6 months. This means you are only paying US$10 every month. 1 winning trade is sufficient to cover all your subscription cost.

You have seen my trades in my previous postings. If you would like to look at more of my trades to gain more confidence in my trade alerts, go to: Forex & Binary Trading.

My customers have benefited from my service, here are their testimonies:

a) https://www.blogger.com/comment.g?bl...69053922502575

b) https://www.blogger.com/comment.g?bl...75759523579932

c) https://www.blogger.com/comment.g?bl...47713293998667

If you are interested to take up my service, send an email to me at metal.commodity@gmail.com.

Risk Disclosure:
Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the forex trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.

trader123 · 12-18-2008, 04:38 AM

New signals from BL TS system today:

1. Shorted 20,000 USDCAD at 1.1900

Stop level at 1.2010
Target level at 1.1794

2. Bought 20,000 EURJPY at 126.58
Stop level at 125.50
Target level at 127.75

If you would like to receive free trade signals from BL TS system (condition apply), send an email to me at metal.commodity@gmail.com.

trader123 · 12-18-2008, 06:28 PM

To read rest of my trades, go to: Systematic Trading

trader123 · 12-19-2008, 05:57 AM

Today's (19 Dec 08) trade signals:

1. Short GBPUSD at 1.5154
Stop level at 1.5243
Target level at 1.5014

2. Short EURJPY at 127.34
Stop level at 128.21
Target level at 126.20

If you would like to receive free trade alerts via emails (condition apply), send an email to me at metal.commodity@gmail.com.

trader123 · 12-19-2008, 08:57 AM

Quote:

Originally Posted by trader123

Today's (19 Dec 08) trade signals:

1. Short GBPUSD at 1.5154
Stop level at 1.5243
Target level at 1.5014

2. Short EURJPY at 127.34
Stop level at 128.21
Target level at 126.20

If you would like to receive free trade alerts via emails (condition apply), send an email to me at metal.commodity@gmail.com.

1. Took profit on GBPUSD at 1.5069, profit is 85 pips.
2. Took profit on EURJPY at 126.40, profit is 71 pips.

All of my trades are executed based on BL TS (trading system). If you are interested to generate alternative income by tapping on BL TS, send an email to me at metal.commodity@gmail.com.