G&C's blog

Forex Technical Trading signals

Using an overlapping technique across the Daily chart on a closing basis only, the following returns have been realised since the models inception 1/1/2009:

4/1/09 Euro$ (1.3905) 6/1/09 1.3450 + 455 pips
7/1/09 EuroYen (126.45) 7/1/09 127.36 - 91
7/1/09 EuroYen (126.39) 7/1/09 127.41 - 102
8/1/09 EuroYen (125.01) 8/1/09 125.01 0
9/1/09 EuroYen (125.11) 9/1/09 122.75 + 236
11/1/09 $Yen (90.04) s/l 91.65 t/p 87.25 Still open
12/1/09 A$/$ (0.6822) s/l 0.7080 t/p 0.6615 Still open

Please let me know your thoughts and I'll update the performance as and when the entry/exit signals are generated. Keeping it simple and not overcomplicating matters is the simple explanation why I issue the entry and exit levels. Many many trading models guide you to what you could do, my approach always focuses on what needs to be done plus it has definitive risk management parameters.

All the very best to you all and welcome any questions regarding my approach.

Mr. Momentum

Forex Trading signal update

Trade update:

1) Our limit order versus the short position In A$/$ was filled last night at 0.6615 realising + 207 pips on the day.

2) Remain short $Yen from 90.04 with s/l @ 90.95 oco t/p 87.25

3) Cable sell signal was confirmed last night at 1.4497 with s/l 1.4755 and looking for break of last months low of 1.4350 and ultimately 1.4000

4) Realised p n l since 1/1/09 = 705 pips

All the best

Mr. Momentum

Trade update

Long EuroC$ from 1.6573. Initial s.l @ 1.6270 and targetting a break of 1.7000

All the best

Mr. Momentum

Trade update:

1) Our limit order versus the short position In A$/$ was filled last night at 0.6615 realising + 207 pips on the day.

2) Remain short $Yen from 90.04 with s/l @ 90.95 oco t/p 87.25

3) Cable sell signal was confirmed last night at 1.4497 with s/l 1.4755 and looking for break of last months low of 1.4350 and ultimately 1.4000

4) Realised p n l since 1/1/09 = 705 pips

All the best

Mr. Momentum

Trade update:

1) The Daily closing upward cross of %K above %S on the Slow Stochastic warns us of an impending move higher in $Yen. Our short $Yen position was closed at our entry level 90.04 so we're flat on that trade.

2) The Cable rally was very strong last night and resulted in our buy stop being triggered at 1.4755 for a -258 pip loss.

3) Realised p n l since 1/1/09 = 447 pips


All the best

Mr. Momentum

hi! m zuhaib from pakistan. Want to make a career in FX and Money markek trading. But haven't got it there yet due to job shortages and headcount issues. I need ur help to achieve ma goals by enhancing ma knowledge while interacting with the in people and hoping to get some job chance