Friday, March 13, 2009

Forex Blog by Lloyd (10 сообщений)

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Scouting for Success in the Forex Market
http://www.scoutforex.com/
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  • Samuel's Ultimate Forex Review and Free E-book
    It's been a while since I've done a review on a site. Samuel has just ordered a review post, so it's time to do one.


    Samuel's UltimateForexReview site is a forex affiliate portal. It has a bunch of reviews, lists the different forex trading methods categorically, provides description on each of the systems and rates them according to their payouts based on Samuel's own trading experience.

    According to Samuel, he is trading with every method strategy or system in order to review them. He trades with each product around 3 - 4 weeks before publishing a review. For his personal trading, he has currently picked up two of the best methods he'd reviewed so far. Those ones are the 10 Minute Forex Wealth Builder and Forex Confidante.

    He's currently trading live on his account with those two strategies because they are the ones he likes the most and believes they are the best available on the Internet.

    Forex trading is probably the toughest game to learn. And I can see Samuel has done a good job in letting people know what Forex is all about. Anyway, if you don't have a forex trading plan yet, this is the place to learn. The site also offers advice and tips for forex traders. Samuel's latest E-book: Trader's Mindset - How To Finally Trade Safely, is currently available for free.

    Check it out, if you haven't already.


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  • New Member Feedback on News Trading Program

    John Mel:

    I got in on the AUD interest rate decision and made some good pips (results as above).

    So far your (newstrader ea) robot seems to perform very well on news events and have revived my trading on the news. I made a lot of money in 2007 with news but then brokers stopped filling on the spike, your robot has allowed me to trade the news again so far profitably.
    Upcoming News Events:
    Wednesday: AUD - GDP, GBP - Services PMI, USD - ADP Employment, USD - ISM Non-manufacturing PMI
    Thursday: AUD - Building Approvals, GBP - Interest Rate Announcement, EUR - ECB Press Conference, CAD - Building Permits& Ivey PMI
    Friday: CHF -CPI, GBP - PPI, USD - Non-farm Employment


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  • Day Trading Service: Trading Report Feb' 09 (+435 & 620 pips)

    Fact 1: Major-pairs Results +435 pips; Cross-yen Results +620 pips; 100-Pip EA Results +176.8 pips

    Last month (Feb' 09) was a good month for daytading. The forex markets was less affected by the performance of the equity markets. And we saw the cross-yen pairs rallied from multi-year lows.


    Fact 2: 10 out 13 Winning Months Since Inception

    Major pairs results is the benchmark performance of our DTS. The End-of-Session system has bounced back strongly from previous losing months
    (-45, -145 pips) and recorded a bigger-than-average monthly profits (+435 pips).

    The other cross-yen and the 100-pip ea systems also made gains during last month. The latest results and breakdown of 100-pip trades can be viewed here.


    Fact 3: Individual Performance Overview & EUR/USD Still the Top Performer

    EUR/USD is still the biggest gainer of all since the start of record, closely followed by GBP/JPY and USD/CAD.

    Results summary:
    EUR/USD +1070 pips
    GBP/JPY +885 pips
    USD/CAD +595 pips
    USD/CHF +475 pips

    All ScoutForex readers are welcomed to join our daytrading group and learn instantly how to build confidence, generate a sense of control and make gains in the forex market with ScoutForex DTS. Looking ahead, we are well-positioned to capitalise on the system's future gains in the forex markets.


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  • Smaller Winners with US GDP Data
    News event: US GDP
    Short GBP/USD @ 1.4133 for +1 & 1 pips
    then, Long GBP/USD @ 1.4178 for 25 & 23 pips

    It's the end of the month. The full results of Newstrader during the month will be updated over weekend. Gain for February.


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  • Newstrader's Biggest Single Win
    This morning we had the revised GDP figure for UK. Our Newstrader EA program entered two short positions post-news and subsequently provided the biggest single win up-to-date. The screenshot below records the trade action.

    News event: Revised GDP
    Short GBP/USD @ 1.4498 for +25 & 125 pips


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  • 100-pip Trade Setups and Charts
    A few good surprises with the 100-pip EA trading last week. 7 trades and 6 winners, +452.4 pips. Two of them hit the maximum targets. Price actions were as follows:

    1) 18 Feb (European session) - Short GBP/USD at 1.4236 for +40 & 100 pips. Market sentiment: Bullish US Dollar



    2) 20 Feb (US session) - Long CHF/JPY at 79.50 for +40 & 100 pips. Market sentiment: Bearish Japanese Yen


    My live daytrading signals had also produced good return last week. Major Signals +200 pips & Cross-yen Signals +155 pips. Note that both the manual and EA signals will be provided as part of the day trading service.


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  • US Non-Farm Payrolls Day Setups (+134.7 pips)
    Lately, the forex trading themes see-saw between being risk averse and having risk appetite. Having a mixed bag of day trading strategies will help to beat the market uncertainties and pull in the daily profits.

    London Open Breakouts:

    (European Session) Long EUR/USD at 1.27873. Final profits: +40 & 9.8 pips

    (European Session) Long EUR/JPY at 116.234. Final Profits: +40 & 57.8 pips

    Newstrading EA:

    (UK GBP Manufacturing Production) No trade

    (CA Employment Change) Long USD/CAD at 1.25212 for +0.3 & 0.3 pips

    (US Non-farm Employment Change) Long GBP/USD at 1.46920 for +25 pips & 16.5 pips

    100-pip EA

    (European Session) Short GBP/USD at 1.46668 for -60 & -60 pips

    Daily Manual Setups

    (European Session) Short GBP/USD at 1.4733 for +90 pips

    (European Session) Short AUD/USD at 0.6551 for -25 pips

    Total pips: +134.7 pips


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  • Today's Daily EA Setups (+113.6 pips)
    London Open Breakouts:

    (European Session) Long EUR/USD at 1.28572. Final profits: +40 & 0.9 pips

    (European Session) Long EUR/JPY at 115.398. Final Profits: +40 & 11.7 pips

    Newstrading EA:

    (UK Interest Rate Announcement) Long GBP/USD at 1.4614 for +25 & 24 pips

    (ECB Press Conference) Short EUR/USD at 1.2788 for +25 & 7 pips

    (CA Building Permits) Short USD/CAD at 1.2273 for -30 pips & -30 pips

    Total pips: +113.6


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  • FAPTURBO Community Getting Bigger
    FAPTURBO now has over 25,000 trades. Being one of the paid member myself, questions and concerns were raised regarding its profitability with such a large user base.
    Here are the latest updates:

    It appeared that Interbank FX has problems pulling trough FAPTURBO trades and had already promised to add more facilities to increase the trade capability.

    Custom FAPTURBO versions are being worked on to fit special brokerages needs... and lower spread dependence. In future, this will allow users to use the fapturbo success formula even outside the Metatrader 4 platform.

    Below you will find the two latest PDF reports (real money trading only):

    Report one, fapturboresults.pdf

    Report two, 100K Live account: 100k.pdf


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  • A Profitable Start to New Month: 7 Intraday Winners
    First daytrading report for this brand new month (Feb' 09). Had some brilliant results today. Many trade ideas were generated by the 'market sentiment' system, particularly in the early session, and they all winners. You can now follow my daily results here.

    European Session
    No. of signal recommendations: 6
    End-of-session results: EUR/USD (+40 pips), GBP/USD (+40 pips), AUD/USD (+30 pips), USD/CHF (+5 pips), EUR/JPY (+60 pips) & CHF/JPY (+15 pips)

    US Session
    No. of signal recommendations: 1
    End-of-session results: AUD/JPY (+5 pips)

    Today's results: +195 pips.
    Accumulated pips (Majors): +2105 pips
    Accumulated pips (Yen-crosses): +1055 pips


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