Latest news not great USD therefore


Pending   D/S   0.9790 down to 1.9725 /  0.9685 / 0.9620

Pending   E/D   1.2305 up to 1.2380 / 1.2410

P/D missed the boat has gone up!

Anyone want the flu, hanging around for 2 months now, bollox.

Well last set of predictions unimpressive, my fault went in a day late and lost many pips!!


D/S made 23 pips

P/J and C/J lost minus 50 pips each

E/D   made 30 pips

E/P   made 18 pips

P/D   made 118 pips


189 pips minus 100 = 89 pips

I am in the throws of bloody flu yet again so may trade later, USD reports 1.30pm and 3pm

Half time rugby Bath v Montpelier saw first match stuffed by Bath same again 2nd Leg.

George Ford is the new Jonnie Wilkinson



D/S  0.9643  up  0.9680  /  0.9715  / 0.9725

P/J    186.50 up  187.60

E/J  too late up up up

2nd half Rugby rugby rugby!!!!! and alcohol.

E/P   0.7925  down to 0.7875 / 0.7830

Maybe a bit early but 50 pip stop loss should be okay


P/D   1.5720 down 1.5685  / 1.5655

Not happy about P/C, cancel trade, one of my main indicators is not a definite  -- no point taking a punt -- as much needs to be in place --- no loss in this as its about where the trade was taken.

Off to buy a Christmas tree!!

E/D   1.2445  down to 1.2355 / 1.2325

C/J     102.609  up to 103.40 / 104.05

P/C    1.8180 down to  / 1.7905 / 1.7810

E/J      102.68 up to 103.75 / 105.05

 Possibly more to follow

Should have done this yesterday ( pairings came in out of nine, ranging form 74 - 192 pips, average about 110)

I have had a few days down in glorious Devon, a lot of alcohol etc, great stuff. Consequently no predictions but I have looked at some pairings and the following would have happened.

4 trades  D/S  145 pips    E/D 186 pips  P/D  167 pips  C/J  93 pips  total 591 pips

Obviously not to be counted in this months predictions, will look again Thursday onwards.

No alcohol tonight!!!

2578 pips  PROFIT NOVEMBER.

Verdict this month  ---- system going well. Must use more pending orders and stick strictly to system in future!!

Profit on trades 203 Pips.

Two of the trades A/D and D/G stopped out ( 50 Pip stop loss) A/D by only a couple of pips stopped out

As I have stated previously currency news can have a big effect hence the Dollar news on Monday. So best to get out of the trade just prior to the news and see which way the pairing is going and then if favorable go back in.

The dollar news definately affected my results  303 pips up minus 100 = 203 pips profit.

Pending orders used for P/D very successfully , should have employed it on most other pairings!

Rugby's on quick post

P/D   up  1.5630  to 1.5685  1.5745

N/D   up  0.7835  to 0.7875 / 0.7905

D/C  down   1.1425 to 1.1405  / 1.1375

D/G ( USD/SGD)    down 1.3045  to 1.2985 / 1.2935

A/D   up  0.8515 to  0.8520 / 0.8540 / 0.8580 / 0.8620

Pending  order  P/D  up   1.5645  to 1.5680 / 1.5705


Japan and Uk have news events early Monday so will possibly trade after the events!!

Potentially several other predictions at about 7pm.

1298 PIPS to date from predictions on 21 and 23rd November

So November so far total  1919 pips

Emendation

D/C  should read 22 pips not 82.    So far  this month  1143 PIPS

PROFIT SINCE AUGUST  3046 pips. Monthly breakdown.

During September and October I was away on a long cruise ( ho ho ) and Centre Parks, which obviously interfered with my predictions.


August         926  pips

September   326

October       611

November ( so far )   125 + 526 + 492   total  1143

PROFIT 492 PIPS this weeks trades so far --- as shown on 21 and 23 November posts

E/D  22 pips profit so far

P/C   73 pips so far

P/A   165

A/D   65

D/C   82

E/N   80

D/S   5

A few are retracing and will continue to profit, look for change of trend, to go back in to continue in trade

Very pleased with the system and how its going. I would like to see how it crosses over into stocks and shares at some stage.

D/S  take on opening 0.9590 to 0.9630 / 0.9665 / 0.9692


PENDING ORDERS FOR

E/N    1.5705 / 1.5730 / 1.5780 / 1.5815 / 1.5860

E/D     1.2390 / 1.2430 / 1.2465 / 1.2490 / 1.2520

D/C   up  from  1.1230 to  1.1250 / 1.1265 / 1.1290

A/D   down from 0.8695 to  0.8660 / 0.8630

P/C    up   1.7580 to  1.7640 / 1.7700

P/A    up  1.8025 to  1.8095 / 1.8160

Some pending orders to follow

As stated yesterday would not trade predictions for the reasons given.




Out of interest had a look at my predictions this morning, shows how useful pending orders are and that they provide a good level of safety. Using my 50 pips stop loss principle then quite a few trades would Just be stopped out -- with pending orders would be some 310 pips up so far, as opposed to 100 pips down, with 50 pips s/l.

I have shown the predictions below, I think they are too risky to trade --- although all the indicators and seaweed point to action as below  BUT and its a big Butt, so to speak, President Draghi is making a speech tomorrow and the Aussie Monetary Policy meeting minutes are being disclosed tomorrow.

This could have grave consequences for my predictions, so tempting as it is I will stick with my profit of 551 pips so far this month and just watch.




E/P   down 0.7990 to 0.7950 / 0.7925 / 0.7910 / 0.7880 / 0.7830

E/D   down  1.2520 to  1.2490 / 1.2465 / 1.2440 / 1.2410

A/D  down  0.8743 / 0.8730 / 0.8715 / 0.8680 / 0.8660

P/C   up  1.7680 / 1.7700 / 1.7760 / 1.7780 / 1.7830

E/J    down  145.55 to  144.90  / 144.35

N/D   down 0.7910 to  0.7830 / 0.7860 / 0.7820 / 0.7755

Profit for week 426 Pips


E/P and P/C both lost 50 pips stop loss hit. P/C dropped significantly!!


Both figure in my next predictions!!

P/C has gone down past the 50 pips stop loss. It will come back soon!



Trade E/P  down 0.7945 to 0.7910 / 0.7830 / 0.7800

Yesterday I had 2 predictions  earmarked but was unwilling to post because they involved news events the next day ( today ) which can knock the indicators.

They were E/N up and N/D both made 82 pips respectively. Obviously not counted in weekly tally up.

I could well be posting them as trades today or over the weekend.

P/C  up    1.7858  to  1.7890 / 1.7970 / 1.8030




Several trades bubbling, 4 more in fact, but they are all tied up with news from America and Germany tomorrow, so no trade until after the news!!!

PROFIT  526  pips this week

P/J  68

P/D  64

D/J  73

N/D  180     get out now reversing

E/P  87        get out now reversing

E/D  54

E/N  has made 60 pips profit

Back from work.

E/N up from 1.6017 /  1.6040 / 1.6075 / 1.6105 / 1.6130

P/C very very soon up.

Very soon E/N  and  P/C  will on the move upwards

Good News all profit      356 pips profit so far

N/D  76 pips

C/J    58 pips

E/P    slightly up

E/D   41 pips

P/J     68 pips

P/D    40 pips

D/J     73


TOTAL   356 pips profit

N/D   up   0.7745 to  0.7770 / 0.7795 / 0.7815

C/J    down  101.10 / 100.70 / 100.30 / 100.05

E/P    up  0.7845 / 7860 / 0.7910

E/D   up  1.2452 / 1.2485 / 1.2520

P/J    down   181.74 / 181.10 / 180/50

P/D  up   1.5876 / 1.5900 / 1.5970

A lot of trades!!

God bless all of those who died in the First and Second World Wars for us. My Dad was on convoys and survived.

My Uncle Bill from Holland on Tankers like my Dad, with Royal Dutch Shell, could not go home to Holland for 6 Years and my Dutch mother and the family stuck in occupied Holland, where my Mum was a nurse, they lived in constant fear.

The Germans  got off extremely lightly for all the misery they caused to so many people and it amazes me how so few of them were Nazi's!!!!!!!!!

Profit last week  125 Pips

Breakdown   minus 50 pips  D/J

N/D   up 100 pips

A/D   up   75 pips

N/D doing well some 65 pips up at the moment


Reviwed my A/D forecast it made some 46 pips not 74 as i figured so profit this week is -- drum role




30 pips plus today's N/D so far of 65 =   95 Pips

PENDING ORDER

N/D  up  from  0.7665   to 0.7710 /  0.7735 / 0.77.55

58 pips up so far this week, having taken off the minus 50 pips stop loss on D/J.


 D/J will come down but not yet  ---- grrrrr

D/J  disapointing, should have cancelled pending it sat around too long.

Minus 50 pips

P/J cancel pending  -- it will come down but not yet 4 hr soon rising agin

A/D  did well some 74 pips

E/J   34 pips

A/D   up   0.8580  to  0.8615  /  0.8635  /  0.8660

Pending order

D/J   down  114.25  to  113.95  /  113.70  /  113.45

Off to work

Pending orders

E/J  down  142.60  to 142.00 / 141.35 / 141.00

P/J  down  181.60 to 181.30 / 180.50

I didnt post my predictions on Sunday night but I will show my predictions that I wrote down.

See the attached written on Sunday night.

E/N  made 300 pips

N/D  lost, so minus 50 pips

P/A  made  320 pips

TOTAL 570 pips

So month Total profit = 611


Both predictions  D/J and P/J  let me down so minus 100 pips -- 50 pips stop loss

I have changed my view on C/J not worth trading yet to unpredictable.

P/J  down 173.78  to  172.90 / 172.25

D/J   down  107.85 to either  107.60 / 107.25 / 106.95



 Called to work will look further later

Results for last 3 trades

E/N    profit   148 pips

C/J     profit      38 pips  then shot off in wrong direction ( Big fall soon)

E/J      profit    135 pips


TOTAL


321   Pips profit

E/N  up 1.6060   to  1.6095 / 1.1615

Back form Centre Parks Longleat, nice break.



C/J   down 94.79  to either 94.25 / 9400 / 93.35

E/J     down   136.60 either  136.38 / 136.00 / 135/75 / 135.20

TOTALS since starting blog in August.

AUGUST   926 pips profit

SEPTEMBER    366 pips profit

OCTOBER   340 pips profit so far!

I was away on holiday from 13.9.14 to 1.10.14, a big chunk of September.

This week to be taken tonight 12.10.14

If no work tomorrow morning the I will check for any more trades!



N/D  pending order  0.7835 up to 0.7865 / 0.7900 / 0.7940

P/J    pending order  173.40 up to 173.95 / 174.65    Could be a biggish up

E/J    pending 136.00 up to 136.00 / 136.24 / 136.75 / 137.35 Again could be a big up

Okay results for last week commencing 6.10.14

E/D   180 pips up

P/C    80 pips up

N/D   130 pips up

C/J     lost trade 50 Pips down

Total for week  390 - 50 =      340  PIPS UP

E/P should read E/D its done well up 180 pips

N/D again done well 130 pips

P/C up, see how far it will go!

C/J  take pending up from 96.70 to 96.95 / 9710 / 9780 / 9825

Back from Cruise, fantastic, fighting a chest infection at the moment.

Trades taken by now running

E/P  1.2597  to 1.2515

P/C   1.7973 to 1.8025 / 1.8060

N/D 0.7840  to 0.7895 / 0.7930

E/J great potential to change direction upwards

Well my four predictions did not go the way I was hoping so stopped out on 50 pip stop loss on each one, so minus 200 pips, disappointing but that's how it goes.

So this month I am still up some 200 pips.

I am now away on holiday until the 1st October, cruising the Med to Venice!

Last weeks results

P/J  180 Pips

D/S   22 pips

E/S    24 pips

My pending trade performed well 230 pips

So total either  226 pips or with pending shown after I had taken it overnight an extra 230 pips total 456 pips      minus 50 pips on D./C stopped out equals -----

Total 406 pips W/E 7.9.14

This weeks trading is very poor stopped out on two so far, other two not looking good!

P/D  up from 1.6326 to 1.6345/  1.6425/  1.6500

N/D  up from 0.8329 / 0.8350/  0.8385

D/S  down from 0.9309  to 0.9240

D/G  down 1.2533 to 1.2510 / 1.2480 /  1.2460 / 1.2440


The news from America today was not good for the USD but has had no impact as yet, but I think it will in the coming week.

Busy today at work two drugs importers at Gatwick Customs, one smuggling class A up her rectum! and the other in a suitcase lining!!

Hour and half to go for USD Non Farm Payrolls --- could well move markets

P/J continues its downward path and is now some 180 pips in profit. Looking at Fib I think this could potentially got to 170.85 -- another 75 pips!

Note to self :

 D/C is some 60 pips down, wasnt a particularly good trade, on hind site, the indicators wernt quite all in place to take the trade and I was swayed by sentiment,--- so indicators in place first, then sentiment, then trade.
It could come back-- As tomorrow Non Farm Payrol data could well see USD resurrect itself, dramatically.


I did not post this, but last night, I put a pending on EURO/NZL ( E/N) at 1.5770, as a sell, it clicked in overnight and took profit at 1.5710 --- so made 60 pips profit. I had the next level at 1.5660 --- well it shot past the as well and is now 1.5575    ............................. so it went down some 200 Pips from my 1.5770!!!!!!

P/J  time to get out, it has made      120 pips profit

D/S went to first port of call at 0.9175 and has now shot up. So        profit 22 pips.

E/S went up to second port of call. so,  24 pips profit


The markets are difficult to read at the moment, EURO/USD indicators showing a big upturn, but the news is not good in Europe, I put in my notes to myself yesterday that I thought it would fall at least another 130 pips, and by a fluke, thats what happened, the moral of the story, the indicators are not the whole story!!

Playing around with Fib, it could go down another 200 pips to 1.2795

Non Farm Payrolls tomorrow, could have a big effect on USD.

D/C    up 1.0910  to  1.0950 / 1.0970/  1.0990

Previous trades so far  E/S  22 pips profit so far.

 P/J  up 70 pips

 D/S in profit, awaiting developements.

Good turnout at Karate last night!

2 Trades

P/J  173.35 down to 172.85 / 173.35 / 172.65/  172.25

D/S  0.9197 down to 0.9175/  0.9155 ( more likely ) /  0.9135 /  0.9105

Last weeks trading showed

E/D   63 pips profit

D/C   25 pips profit.

Pips for the month of August.

399/224/215/88        TOTAL  926  Pips

On Thursday we have news events that could affect the Euro adversely, which could lead to a larger dip, in its fortunes.

On Friday the USD, on the strength of news could see an appreciable rise.

I didn't have too much spare time this morning, as I was called to work, but I have taken a trade and it is as follows:

E/S    1.2066  going up to  1.2090/  1.2100 /  1.2110

The markets are not sending any particular signals at the moment!

D/C   1.08513  up to 1.8990/  1.0905 / 1.0920

E/D  1.3183 down 1.3150/  1.3065 / 1.3025

Strange market at the moment

The pairings are not up to much so far. Its the holiday season, not adding to volume.

Jarrat Davis is an interesting man to follow regarding his depth of knowledge of the market, whose news bulletins I will follow more closely in the future, so as  to add to the various reasons for making or not making a trade, with the proviso, that the market will do what ever it wants to do!!

Here is the link:

http://www.forexpeacearmy.com/forex-forum/jarratt-davis-s-trading-signals/35738-forex-news-trading-events-25th-29th-august.html

He explains that Thursday is an  important news day, regarding the EURO and the USD, potentially the EURO pairings noticeably down and the USD pairings, noticeably up.

Fridays news could also compound the EURO  decline.

The previous week shows a profit of 215.

4 trades in profit
2 loss

P/D and C/J are the trades that failed to come in making a loss of approximately 185 pips on those two trades. Had a 50 pip stop loss been in operation for all the trades then the profit would have been about 300 pips.

Just to make a correction to a post on Wed 13/8/14 I stated I hadn't made the E/D prediction, I see in fact I did on my first post.

 I had though, factored in that loss in my first weeks figures, so they remain the same, in fact, four days after my prediction, it came back to its original starting point. Its still in the down phase as I type.

American and Canadian indicators out today, could have some influence on trading ,they are not the highest indicators.

Just sat in the garden, nice sunny day.

So far  203 pips up on trades this week.

P/D  is 103 pips down so far, but hopefully will start going in the direction its supposed to! The same applies with C/J  which is some 42 pips down but hopefully will start to reverse -- this is no way an exact science!!

Have been looking at the FTSE 100 using the same method, will see how it goes in the future and maybe start posting that as well.

Just bought the Samsung Galaxcy S 10.5 Tablet, what a fantastic bit of kit -- and got 25% off.

P/J  up from 170.97 to 171.45/ 171.60/ 171.90

A/D  down from 0.9305 to either  0.9270 / 0.9245  going against current trend so maybe not such a big drop

Rushed this morning called to work

USD/SGD  1.2445 up to 1.2460/ 1.2480 / 1.2510

P/D  1.6680 up to 1.6730 / 1.6755 /

C/J   9415   down to 9400 / 9360 / 9340/ 9320/ 9305

Not any great movement as yet

D/S   take from 0.9045  to  0.9065/ 0.9090 / 0.9105 / 0.9115  / 0.9150

No moves yet, still waiting for the indicators for GBP and USD to do their thing.

News that could affect both the Pound and the Dollar in the next few hours. Uk Gross domestic product and USA 3, including Jobless and Produce price.

They could trigger upward movement, at last.

18 hours 20 minutes to first one GBP.

The last posting completes that batch of predictions. so 224 pips up. Last week 399 pips.

Changing very soon to go --

                                                       
 Dollar/Gold (D/G)  (USD/SGD up                       Trend up


D/J  down                                                             Trend up

A./D down                                                            Trend up

P/A  up                                                                 Up changing to down

P/J   up                                                                 Changing to up

E/P  down                                                            Up

C/J   down                                                            Up

E/J   down                                                            Up

US jobless figures in 43 minutes, see what effect on the market.

 224 pips up, as from 3.45pm all in profit.

Good morning   Sunny day, great.

So far 167 pips up this week.

The only one down is E/N, Unfortunately the 1/2 hr and 1 hour charts are showing up for a period of time but the daily is showing it will go down!!!

E/D refusing to play ball and go up, but the seaweed says it will, but when. Unfortunately I think its got further to drop maybe down to 1.3280, another 65 pips down. I am very pleased I dint put this out as a trade to take.

Amended post from 4.8.14 showed initially P/J now reads correctly - P/A apologies.

P/J  up from 171.72 to 172.15  / 172.85    11am

C/J  take 93.53  up to 94.00  /94.20  /94.65  --- 6pm

P/D  take 1.6779  to go up to either 1.6805/1.6825/1.6845/1.6875/1.6890

EURO/NZL  (E/N)  down  1.5808 to 1.5755/1.5710/1.5645/1.5595

D/S   up  from 0.9063 to 0.9080/0.9095/0.9105/0.9115

E/D still faffing about, 4hr changing hopefully up.

A rush this morning, as I am called to work. More later.

Happy to say E/D recovering and not far off start point, it will go further up for the next day or so, hopefully.

P/J will recover and progress up.

Update on other trades D/J went a further 54 pips
A/D a further 17 pips
P/A    ----           11 pips

so  ---- approximately 431 pips up ( hopefully more with E/D going up )

The only negative so far for the week is P/J, I was too quick to trade it, but it will definitely come back up, so far it is some 124 pips down.

So this week 307 pips up---- approx.

We all have diferent ideas re putting in stop losses, which has an effect on the bottom line----

I have just taken the following.

P/J  172.30 to go up to 172.85 /  173.12 / 173.64 / 174.13

Hi

As from this afternoon Wednesday 2pm  the various trades are up 349 pips.

USD/SGD   ( D/G )  went down to 1.2441, this was a resistance line on 4Hr chart, which I will include in future. Now on a upward trend. So 29 pips up.

USD/JPN   ( D/J ) doing well, now at 102.07, a resistance line, 52 pips now up.

AUD/USD  ( A/D )  went to 0.9373 up 58 pips hopefully still in trend to go up further.

GBP/AUD  ( P/A )  went to 1.8155 which was a major re stance line i should have made as the first possible reversal area, so went up 115 pips - not bad at all.

GBP/JPN    ( P/A ) went to 173.50 up 81 pips, could well be a trade up soon, with the long term trend, which should indicate quite a few pips to be had!

EURO/USD ( E/D ) I foolishly took this trade to early, the Stochastic and four hour indicators showed a it would be down before up -- still there you go, it will come up - weekly showing a change up is brewing --
4 hour showing going up and daily indicators also getting there. Now at 1.3368 -- so 50 pips down.

EURO/GBP  ( E/P )  went to 0.7915 so 64 pips up

I will be using obvious abbreviations for the pairings to save time as I am doing this in between work commitments.

I use a total of 5 indicators, using mainly, Daily, Weekly and 4 hr charts. Daily is the predominant chart.

Price action and trends are a major component in the mix.

Welcome to my new blog site. I will be showing some trades in forex that I am looking at. This in no way constitutes advice. I trade trends lines up or down, using price/action and 4 main indicators.

I will try posting every few days, with future trades and their outcomes, well here goes!




My Forex predictions for this week commencing 4.8.14.


USD/SGD   SOON DOWN FROM 1.2470 TO EITHER 1. 2415 OR 1.2377

USD/JPN    DOWN FROM 102.61 TO EITHER 101.80 OR 101.40

AUD/USD   UP FROM 0.9315 TO EITHER 0.9392 OR 9410 OR 9455

GBP/AUS     UP FROM 1.8040 TO EITHER 1.8190 OR 8330

GBP/JPN     SOON GOING UP FROM 172.69 TOP 174.29

EURO/USD  UP FROM 1.3418 TO EITHER 1.3520 OR 1.3560

EURO/GBP   DOWN SOON FROM 0.7979 ISH TO EITHER 0.7925/ 0.7915/0.7905/0.7885