Daily forex signals - 1 August 2011

Current positions
EURHKD (Short|)
Entry price ; 11.1485
Stoploss; 11.2839
Take profit ; 11.0180
Profit ; -613

EURUSD (Short)
Entry price ; 1.43077
Stoploss ; 1.44857
Take profit ; 1.41352
Profit ; -724

Reversal signals
USDJPY - Buy above 78.117, oss @ 76.650
USDCHF - Buy above 0.80965, stoploss @ 0.78390
CADCHF - Buy above 0.8558, stoploss @ 0.8180
USDZAR - Buy above 6.7760, stoploss @ 6.6120
AUDJPY - Buy above 86.11, stoploss @ 84.15

Profit history as at 1 August 2011

Number of trades ; 124
Profit factor ; 1.65
Profit trade % ; 68.55%
Maximal drawdown ; 22.44%

Trade signal update - 28 July 2011

EURHKD - Sell at current price - Stoploss @ 11.3222
EURUSD - Sell at current price - Stoploss @ 1.45353

Daily forex signals - 28 July 2011

Closed positions
EURUSD - Long : 0.00204
EURHKD - Long ; 0.1135

Current positions
GBPCAD (Long)
Entry price ; 1.5465
Stoploss ; 1.5387
Take profit ; 1.5611
Profit 77

Reversal signals
USDJPY buy above 78.692, stoploss @ 11.840
GBPUSD Sell below 1.62374, stoploss @ 1.64320
USDCHF Buy above 0.82012, stoploss @ 0.80193
CADCHF Buy above 0.8690, stoploss @ 0.8457
USDZAR Buy above 6.8391, stoploss @ 6.6652

Close positions

Closed all long positions on EURUSD and EURHKD

Daily forex signals 27 July 2011

Closed positions
AUDJPY (Buy)
Profit - 0.98

USDZAR (Sell)
Proft - .01886

Current positions
EURHKD (Buy)
Entry price ; 11.1129
Stoploss ; 11.0770
Take profit ; 11.3357
Profit ; 642

EURUSD (Buy)
Entry price ; 1.42723
Stoploss ; 1.42142
Take profit ; 1.45630
Profit ; 741

GBPCAD (Buy)
Entry price ; 1.5465
Stoploss ; 1.5357
Take profit ; 1.5624
Profit 32

Reversal signals
USDJPY ; Buy above 78.692, stoploss at 77.840
GBPUSD; Sell beloe 1.61872, stoploss at 1.64320
USDCHF; Buy above .82375, stoploss at .80193
CADCHF; Buy above .8719, stoploss at .8457

Profit signal

AUDJPY - Take profit above 86.06

Daily Forex signals - 26 July 2011

Current positions

EURHKD (Buy)
Entry price ; 11.1129
Stoploss ; 11.0574
Take profit ; 11.3462
Profit ; 1806

EURUSD (Buy)
Entry price ; 1.42723
Stoploss ; 1.42067
Take profit ; 1.45763
Profit ; 2268

AUDJPY (Buy)
Entry price ; 85.01
Stoploss ; 84.19
Take profit ; 86.18
Profit ; 45

USDZAR (Sell)
Entry price ; 6.8415
Stoploss ; 6.8874
Take profit ; 6.6649
Profit ; 1635

GBPCAD (Buy)
Entry price 1.5465
Stoploss ; 1.5301
Take profit ; 1.5620
Profit ; -14

Reversal signals
USDJPY ; Buy above 78.884, stoploss at 77.840
GBPUSD ; Sell below 1.61270, stoploss at 1.63369
USDCHF ; Buy above 0.82641, stoploss at 0.80193
CADCHF ; Buy above 0.8733, stoploss at 0.8457

Daily Forex signals - 26 July 2011

Current positions:


EURHKD (Buy)
Entry level ; 11.1129
Stoploss ; 11.0563
Take profit ;  11.3498
Profit ; 884

EURUSD (Buy)
Entry level ; 1.42723
Stoploss ; 1.41856
Take profit ; 1.45815
Profit ; 1028

AUDJPY (Buy)
Entry level ; 85.01
Stoploss ; 84.21
Take profit ; 86.20
Profit ; -15

USDZAR (Sell)
Entry level ; 6.8415
Stoploss ; 6.8871
Take profit ; 6.6601
Profit ; 596

GBPCAD (Buy)
Entry level ; 1.5465
Stoploss ; 1.5294
Take profit ; 1.5634
Profit ; -65

Reversal signals
USDJPY Buy above 79.092, Stoploss at 78.225
GBPUSD  Sell below 1.60732, Stoploss at 1.63206

Good luck

I'm back

Hi Guys

I have been out of action for a while.

The reason being that I have decided to take a break while I sort out the mathematics of my trading algorithm. It is amazing how difficult it can be to achieve statistical consistency while developing a strategy that will apply to most trading cycles. While doing this I also had to find a way to reduce my drawdown which became problematic.

Well the good news is that I am back and hopefully with a better formula.

Cheers
Chris Wiggett 

12 April 2011

Open positions
GBPCAD - Long
Entry price - 1.5707
Current price - 1.5639
Variance - (-68)
Stop loss - 1.5500
Take profit - 1.5829

AUDJPY - Short
Entry price - 87.38
Current price - 87.52
Variance - (-12)
Stop loss - 90.02
No take profit level yet

CADCHF - Short
Entry price - 0.9453
Current price - 0.9321
Variance - +132
Stop loss - 0.9676
Take profit at any level better than 0.9332 ( I took profit at 0.9315)

USDJPY - Short
Entry price - 83.556
Current price - 83.688
Variance (-132)
Stop loss - 85.520
No take profit level yet

USDZAR - Long
Entry price 6.7362
Current price - 6.7355
Variance (-7)
Stop loss - 6.6238
No take profit level yet

Other reversal levels:
EURUSD - Sell below 1.42359
EURHKD - Sell below 11.0137
GBPUSD - Sell below 1.60696

11 April 2011 Forex indicators

GBPCAD - Long

Entry level - 1.5707

Current price - 1.5630

Variance - (-77)

Stop loss - 1.5500
Take profit - 1.5829

Other forex pairs reversal levels:

EURUSD - Sell below 1.42359

AUDJPY - Sell below 87.38

CADCHF - Sell below 0.9453

USDJPY - Sell below 83.556

USDZAR - Buy above 6.7362

EURHKD - Sell below 11.0137

GBPUSD - Sell below 1.60696

Good luck

9 April 2011

Open forex positions:


GBPCAD - Long
Entry price - 1.5707
Current price - 1.5650
Variance - (-57)
Stop loss - 1.5469
No profit target yet

Forex reversal levels:
EURUSD - Sell below 1.41395
AUDJPY - Sell below 86.12
CADCHF - Sell below 0.9388
USDJPY - Sell below 82.599
USDZAR - Buy above 6.7904
EURHKD - Sell below 10.9629
GBPUSD - Sell beloe 1.59953

7 April 2011

GBPCAD - Long
Entry price - 1.5707
Current price - 1.5652
Variance - (-53)
Stop loss - 1.5452
No take profit level yet


Reversal levels
EURUSD - Sell below 1.41110
AUDJPY - Sell below 85.36
CADCHF - Sell below 0.9348
USDJPY - Sell below 81.957
USDZAR - Buy above 8.8226
EURHKD - Sell below 10.9508
GBPUSD - Sell below 1.59718


Good luck.

6 April 2011

GBPUSD - Long
Take profit level triggered
Entry price - 1.62499
Closing price - 1.63014
Trade profit - +515


GBPCAD - Long
Entry price - 1.5707
Current price - 1.5647
Variance - (-60)


Other trend reversal levels:
EURUSD - Sell below 1.40785
AUDJPY - Sell below 84.50
CADCHF - Sell below 0.9303
USDJPY - Sell below 81.175
USDZAR - Buy above 6.8573
EURHKD - Sell below 10.9378
GBPUSD - Sell below 1.59468 

5 April 2011

Late last night after the daily prices were in I adjusted my trigger levels and the following 2 pairs were activated and trades entered into:

GBPUSD
Entry price - 1.62499
Current price - 1.62827
Variance - +330
Stop loss 1.59360
Take profit 1.63014

GBPCAD
Entry price - 1.5707
Current price - 1.5693
Variance - (-14)
Stop loss - 1.5425
No valid profit taking level yet

Reveral levels on the following p[airs have not been reached yet:
EURUSD - Sell below 1.40599
AUDJPY - Sell below 83.78
CADCHF - Sell below 0.9253
USDJPY - Sell below 80.365
USDZAR - Buy above 6.8904
EURHKD - Sell below 10.9328

Good luck

4 April 2011

Below is today's levels where reversals could be expected, mostly still some time off.

EURUSD - Short below 1.40393
AUDJPY - Short below 82.93
CADCHF - Short below 0.9195
USDJPY - Short below 79.594
GBPUSD - Long above 1.62682
GBPCAD - Long above 1.5766
USDZAR - Long above 6.9428
EURHKD - Long signal was triggered, however the position of both the MACD and Stachastic is incorrect    and I will suggest that time is given to allow the trend to settle.

Good luck.

3 April 2011

Although the trend reversal levels below are not close to the current levels I will be updating these on a daily basis:

EURUSD - Short below 1.40262
AUDJPY - Short below 81.91
CADCHF -Short below .9129
USDJPY - Short below 78.688
GBPUSD - Long above 1.62894
GBPCAD - Long above 1.5841
USDZAR - Long above 6.9995

3 April 2011

Hi All

I am currently all in cash and are waiting for some significant trend reversals on some of the Forex pairs that I monitor.

Below is the list of the Forex pairs that I trade in:

EURUSD

AUDJPY

CADCHF

USDJPY

GBPUSD

GBPCAD

USDZAR

I will advise if any of the reversals are triggered.

Have a great week.

1 April 2011

CADCHF - Long
Profit target triggered
Entry price                                         0.9390
Closed price                                      0.9601
Trade profit                                       +211