EURUSD Is Still Down, but The downtrend remains - General

trader456 2009.01.25 06:17 #121

Overall trend of EURUSD is still down.

Confirmation of the downtrend depends on:

1. Whether it will breakout above the short term resistance of 1.3100.

2. Whether it will breakout above the 50 days moving average, which happens to be 1.3100 as well. 50 days moving average has been tested twice and failed (see chart below), so it is a good benchmark.

To view chart: Systematic Trading In Forex (My trading journal): Direction Of EURUSD For Next Week

Traders might want to initiate a short position if EURUSD touches 1.3100 and fall, signals downtrend resumes.

If you do not have a forex trading account and want to try out forex trading, you can open a forex trading account with only minimum capital of US$100, click here to open.

Once you master the art of forex trading, you do not have to worry about job insecurity in 2009, because you will be recession free.

"Nothing happens by itself...it all will come your way, once you understand that you have to make it come your way, by your own exertions." - Ben Stein

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trader456 2009.02.07 15:14 #122

Here are my recent trades:

1. USDCHF: 7 Pips Profit

I closed off my position at 1.1677, 7 pips profit. I do not want to hold any open position across the weekend.

Original trade:
Shorted USDCHF at 1.1684
Stop level at 1.1770
Target level at 1.1592

2. USDCAD: 97 Pips Profit

I closed my position at 1.2381, 97 pips profit.

Original trade:
Shorted USDCAD at 1.2478
Stop level at 1.2580
Target level at 1.2372

3. AUDUSD: 8 pips loss

I cut loss on my position at 0.6508.

Original trade:
Shorted AUDUSD at 0.6500
Stop level at 0.6600
Target level at 0.6400

4. USDCAD: 70 pips profit

I close my position at 1.2330, 70 pips profit.

Original trade:
Bought USDCAD at 1.2260
Stop level at 1.2180
Target level at 1.2354

5. EURUSD: 32 Pips Profit

I had closed my position at 1.2867, 32 pips profit.

Today ECB is going to announce interest rate decision so I do not want to hold my position till then.

Original trade:
Bought EURUSD at 1.2835
Stop level at 1.2680
Target level at 1.3000

6. USDCAD: 97 pips profit

Target level reached, 97 pips profit.

Original trade:

Bought USDCAD at 1.2258

Stop level at 1.2180

Target level at 1.2355

7. EURUSD: 53 pips profit

I closed my position at 1.2875, 53 pips profit.

Original trade:
Shorted EURUSD at 1.2928
Stop level at 1.3011
Target level at 1.2850

8. EURUSD: 66 pips profit

I closed my position at 1.3027, 66 pips profit.

Original trade:
Shorted EURUSD at 1.3030
Stop level at 1.3150
Target level at 1.2909

Trade signals are generated from BL TS system. If you would like to know more about my system, send an email to me at metal.commodity@gmail.com.

To view more of my trades, go to my trading journal: Systematic Trading In Forex (My trading journal)

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trader456 2009.02.13 01:36 #123

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Fxcool 2009.02.13 05:27 #124

Hello, what is the TF for ur trades?

Many thanks!

trader456 2009.02.19 06:41 #125

Testimonial from my subscriber in USA:

Although a successful bank trader for 15 years, self trading on retail platforms proved to be an entirely different challenge. I treaded water trading part time for 2 years before coming across BL TS.

Brendan’s system was simple enough to employ immediately and, most importantly, profitable. Brendan does not guarantee every trade will make money. It is not a “get rich quick” plan for FX trading. It is a methodical approach to the market utilizing well known and thoroughly back-tested technical indicato

Consistently applied, I have found the system remarkably profitable. I like the flexibility of taking Brendan’s trade recommendations as well as learning his system and applying it myself

What I liked most about the presentation of the system and trades is the trading adage I most relied on in my successful FX history… “Plan the trade, trade the pla

If you would like to know more about my system, send an email to me at metal.commodity@gmail.com.

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trader456 2009.02.20 03:27 #126

Testimony from my subscriber in UK

I'd like to say thank you to Brendan - I am a recent subscriber to his alert service and after 4 years of learning it has added a new dimension to my trading.

He is a very dedicated individual and very willing to help. He has settled on a simple system which he trades consistently and with discipline, to the advantage of all his subscribers. He shows us his signals and gives us the excellent opportunity to learn as we trade his signals.

More importantly, his signals are reliable - and Brendan's trade planning with stops and targets is consistently objective. We can all borrow from his objectivity and have confidence he is a trader with discipline and vision.

Thanks Brendan, I am enjoying this service more than any other I have been involved with.

Best wishes

Mike

To read rest of testimonials:

http://systematictrading.wordpress.c...m-subscribers/

If you would like to know more about my system, send an email to me at metal.commodity@gmail.com.

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trader456 2009.03.01 04:24 #127

Performance in February 2009 (525 pips profit):

25 trades were executed: 18 winning trades, 7 losing trades (72% success rate). Total Profit is 525 pips.

Here are the trade details:

1. EURUSD: 65 Pips Profit

I closed my position at 1.2636, 65 pips profit.

Original trade:
Shorted EURUSD at 1.2701
Stop level at 1.2830
Target level at 1.2574

2. AUDUSD: 27 Pips Profit

I had closed my position at 0.6456, profit is 27 pips.

Original trade:
Shorted AUDUSD at 0.6483
Stop level at 0.6550
Target level at 0.6407

3. EURUSD: 64 Pips Profit

I closed my position at 1.2664, 64 pips profit.

Original trade:
Bought EURUSD at 1.2600
Stop level at 1.2500
Target level at 1.2700

4. USDCAD: 43 Pips Profit

I closed my position at 1.2551, 43 pips profit.

Original trade:
Shorted USDCAD at 1.2594
Stop level at 1.679
Target level at 1.2509

5. AUDUSD: 26 Pips Profit

I had closed my position at 0.6404, 26 pips profit.

Original trade:
Bought AUDUSD at 0.6378
Stop level at 0.6330
Target level at 0.6473

6. USDCAD: 54 Pips Loss

Stop triggered, 54 pips loss.

Original trade:
Shorted USDCAD at 1.2566
Stop level at 1.2620
Target level at 1.2469

7. USDCAD: 57 Pips Loss

I cut loss my position at 1.2603, 57 pips loss.

Original trade:
Shorted USDCAD at 1.2546
Stop level at 1.2608
Target level at 1.2468

8. AUDUSD: 68 Pips Loss

I had cut loss my position at 0.6383, 68 pips loss.

Original trade:
Bought AUDUSD at 0.6451
Stop level at 0.6380
Target level at 0.6544

9. EURUSD: 33 Pips Profit

I closed my position at 1.2793, 33 pips profit.

Original trade:
Bought EURUSD at 1.2760
Stop level at 1.2670
Target level at 1.2856

10. AUDUSD: 33 Pips Profit

I closed my position at 0.6538, 33 pips profit.

Original trade:

Shorted AUDUSD at 0.6571

Stop level at 0.6665
Target level at 0.6500

11. AUDUSD: 52 Pips Profit

I took profit at 0.6515, 52 pips profit.

Original trade:
Bought AUDUSD at 0.6463
Stop level at 0.6370
Target level at 0.6558

12. USDCAD: 70 Pips Profit

I closed my position at 1.2429, profit is 70 pips.

Original trade:
Shorted USDCAD at 1.2499
Stop level at 1.2584
Target level at 1.2404

13. USDCHF: 43 Pips Profit

I closed my position at 1.1573, 43 pips profit.

Original trade:
Bought USDCHF at 1.1530
Stop level at 1.1450
Target level at 1.1618

14. AUDUSD: 44 Pips Loss

I had cut loss my position at 0.6836, 44 pips loss.

Original trade:
Shorted AUDUSD at 0.6792
Stop level at 0.6860
Target level at 0.6712

15. USDCHF: 42 Pips Profit

I closed my position at 1.1659, 42 pips profit.

Original trade:
Bought USDCHF at 1.1617
Stop level at 1.1560
Target level at 1.1683

16. USDCHF: 7 Pips Profit

I closed off my position at 1.1677, 7 pips profit. I do not want to hold any open position across the weekend.

Original trade:
Shorted USDCHF at 1.1684
Stop level at 1.1770
Target level at 1.1592

17. USDCAD: 97 Pips Profit

I closed my position at 1.2381, 97 pips profit.

Original trade:
Shorted USDCAD at 1.2478
Stop level at 1.2580
Target level at 1.2372

18. AUDUSD: 8 Pips Loss

I cut loss on my position at 0.6508.

Original trade:
Shorted AUDUSD at 0.6500
Stop level at 0.6600
Target level at 0.6400

19. USDCAD: 70 Pips Profit

I close my position at 1.2330, 70 pips profit.

Original trade:
Bought USDCAD at 1.2260
Stop level at 1.2180
Target level at 1.2354

20. EURUSD: 32 Pips Profit

I had closed my position at 1.2867, 32 pips profit.

Today ECB is going to announce interest rate decision so I do not want to hold my position till then.

Original trade:
Bought EURUSD at 1.2835
Stop level at 1.2680
Target level at 1.3000

21. USDCAD: 97 Pips Profit

Target level reached, 97 pips profit.

Original trade:

Bought USDCAD at 1.2258

Stop level at 1.2180

Target level at 1.2355

22. EURUSD: 43 Pips Profit

I closed my position at 1.2875, 53 pips profit.

Original trade:
Shorted EURUSD at 1.2928
Stop level at 1.3011
Target level at 1.2850

23. EURUSD: 66 Pips Profit

I closed my position at 1.3027, 66 pips profit.

Original trade:
Shorted EURUSD at 1.3030
Stop level at 1.3150
Target level at 1.2909

24. EURUSD: 87 Pips Loss

I cut loss on my position at 1.2713, 87 pips loss.
US Dollar strength persists.

Original trade:
Bought EURUSD at 1.2800
Stop level at 1.2700
Target level at 1.2900

25. AUDUSD: 67 Pips Loss

I cut loss on my position at 0.6306.
US dollar strength persists.

Original trade:
Bought AUDUSD at 0.6373
Stop level at 0.6300
Target level at 0.6470

Trade signals are generated from BL TS system. If you would like to know more about my system, send an email to me at metal.commodity@gmail.com.

Jobs are unsecured and lost in current economic environment, we need to equip ourselves with a skill such as forex trading that can help us earn secondary incomes. Employers can take away our jobs but they cannot take away the forex trading skill which will belong to you once you have master it.

"A quitter never wins and a winner never quits." - Napoleon Hill

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trader456 2009.03.03 11:03 #128

These are my track records:

525 pips profit generated in the month of February 2009:
See here.

317 pips loss generated in the month of January 2009:
See here.

699 pips profit generated in the month of December 2008:
See here.

857 pips profit generated in the month of November 2008:
See here

781 pips profit generated in the month of August - October 2008:
See here

My official website: Systematic Trading In Forex & Commodity

(Testimonials from my subscribers can be found inside)

Trade signals are generated from BL TS system. If you would like to know more about my system, send an email to me at metal.commodity@gmail.com.

Show me the money! Some one help me, Forex signal generator

trader456 2009.03.04 08:38 #129

Below are geniuine testimonials from my subscribers.

The testimonials confirmed that my trading alert service has been beneficial to many.

If you would like to generate alternative income through forex trading, send an email to me at metal.commodity@gmail.com.

1. Testimony from Allan (Singapore)

Hi Brendan and fellow traders,

I just want to say thank you to Brendan because he has made me believe that forex trading could become one of my other income sources. I started on 19 Nov, and up till today 30 Nov EST, I have made 318 pips. Based on 1 mini contract on each trade, I have made a humble $323.23, which is almost doubling my initial capital. Almost 90% ROI in 7 trading days! I cannot believe this!

I once paid thousands $$$$ for seminars on trading US stock options and I can definitely tell you that they dun work as well as Brendan’s forex system work for me.I am now a happy man.I strongly urge non subcribers to try it for themselves, see, and feel this excitment

Afterall, its not that much $$ for the alerts, compared to the crappy thousand dollars system out there. I think enough of publicity. hhehehe, back to the trading platform.

2. Testimony from Earl (United States of America)

Hello All,

Just wanted to add to the many happy traders who have followed Brendan’s alerts. I had been trying so many differnt systems all with little to no success and was about to give up on the Forex figuring it wasn’t for me when I came across an article at Forex Factory.com that Brendan had writte

I first thought well heres another 1 of those people with all the answers but immediatly felt the way he wrote the article there was something different here.I have now continued to make money with proper money management as have most who have been following his alerts.

The price is a steal, most signal sites charge 99.00 a month or above so Brendan is virtually giving them away.The greatest thing about Brendan is he has become a great friend and inspiration always ready to help whether it be in Forex or just life in general.

Thanks Brendan from the bottom of my heart. God Bless

3. Testimony from A.R (United Kingdom)

Hi Brendan and all…

Thanks for your support over the past few months. I must say this alert service is as good as it can get. No drama in huge fees, complicated setups, delays etc. No nonsense trade alerts as soon as they occur.Great part of this service I find is that Brendan is not worried about the losing trades, he just carries on. He has total confidence in what he is doing.

The trades are fully transparent and he does not hide behind any bad trades. Excellent stuff mate, keep it up. Last month I banked over 800+ pips just following the trade alerts. I like the idea of wider targets (with wider stops) as you do not have to be stayed clued in front of the trading screen. I just went for the email alerts.

However, now I have started to do some tweaking with the trades but the overall structure is great. Keep up the good work Brendan.

4. Testimony from Lawrence

Hey Brendan,

thanks for setting up this no frills no nonsense service for all of us! I must say you have really added value to the trading process and simplified FX trading for us all…

I think most importantly with depressed equity markets this is an avenue people can attain a 2nd source of income in such bad times which is really the most important thing… thanks for doing this and going by the cost of your email alerts, I do not think you are doing this for money, God bless you

5. Testimony from Abid Ashraf (Ireland)

Your subscription is great value for money. I have scanned loads of websites for forex alerts, they are far off from what you are offering and the transparency of the fact that you do trade your trade recommendations is a big PLUS.Thanks again for all your email alerts.

Excellent Brendan. You have certainly outperformed other signal providers. I have subscribed to known names in the market and pay around $50 each month and tied up for 18 months and had incurred some losses in December. I appreciate for all your efforts.

No system is perfect but what we are looking for is a profitable system which is consistent in delivering the results. 4 good weeks in a row followed by an average week is by far the best and exceeds the expectations for most of the traders, so please keep this coming and keep it up!!

6. Testimony from Terence

It’s indeed heartening to hear about your experience and your kindness in sharing with others, esp. for those without the deep pockets to afford expensive courses

7. Testimony from Warren Donte Jr (USA)

Brendan, I just wanted to drop you a note and let you know how much I’ve enjoyed trading with you. I’m thrilled to have finally discovered a brilliant trader with both the “Thunder and the Lightening” or the Sizzle and the Steak” (The System and the Steady Cash-

There’s nothing in the world like consistant profits in the midst of a global economic depression. I’m a lucky guy (blessed) to find ya…before my money can evaporate. I’m convinced that you are really on to something extra special. If you EVER decide to salLIFE-TIME membership to your clients…I’d want to be the very first person in line!!! I would buy it in a minut

It’s great to wake up in the morning to trading signals that give me a 75% chance of success. It’s even better to go to bed at night knowing that my “money garden” has explosive upside potential in the future. You give guys like me some HOPE…a chance, a sparkling ray of golden light in a traders dark, mysterious, topsy-tervy world. Thank God..!! Halelujah

I’m also a fairly decent trader(started trading in Platinum futures in ‘89) but, I over traded a few times too many. Margin calls cost me dearly…over $40,000 altogether. This has made my life very,very difficult. I’ve got some serious debt and oabout 3 thousand left to trade. So, I’m cautiously aggressive about making a comeback, and your system is perfect for me!!

I would like to eventually help you to promote it. Once I’m back on top, I could make a good poster boy for you. I’m lookin forward to it. Well that’s all for now. I’ll keep in touch………p.s. I like how you handled the”heat” recently in the us

Wow, watching the big gains in the usd/cad on friday made me wonder if ther are times to “let your profits run”………. p.s. Do you guys ever get any sleep. Your trades seem to be all around the clock (sm

Grace & Peace. Warren Donte Jr

8. Testimony from Jensen (Singapore)

Firstly, I would like to Thank Brendan as he is the one who introduce me to Forex Trading. Through his system, it has helped me to understand the characteristics of Forex Trading better. He is a humble guy who is willing to share his trading expertise and post all his winning and losing trades. A great, no-frills service for the retail traders.

Keep up the great work!

9. Testimony from Elliot Lau

Hi Brendon,It is very good to include a brief explanation on the reason for the trade.

You have done a good job. Cheers,

Elliot Lau

10. Testimony from Bill (USA)

I greatly appreciate the time you take in providing the alerts, answering my questions, and our conversations regarding trading.It is clear you are extremely intelligent and have put a lot of time and effort into developing your system.

Although a successful bank trader for 15 years, self trading on retail platforms proved to be an entirely different challenge. I treaded water trading part time for 2 years before coming across BL TS. Brendan’s system was simple enough to employ immediately and, most importantly, profitable. Brendan does not guarantee every trade will make money. It is not a “get rich quick” plan for FX trading. It is a methodical approach to the market utilizing well known and thoroughly back-tested technical indicato

Consistently applied, I have found the system remarkably profitable. I like the flexibility of taking Brendan’s trade recommendations as well as learning his system and applying it myself. What I liked most about the presentation of the system and trades is the trading adage I most relied on in my successful FX history… “Plan the trade, trade the pl

11. Testimony from Olivier (France)

I am so happy to have met Brendan.
His service is great, he’s very helpull and always take time to answer your emails

I started daily trading on the Forex 5 days ago, the 3 first days i lost 800 EUR !!

Since i started to practice with Brendan, i earned 600 EUR in one day !
Thanks again my friend

Olivier, Paris, France

12. Testimony from Mike Jackson (UK)

I’d like to say thankyou to Brendan - I am a recent subscriber to his alert service and after 4 years of learning it has added a new dimension to my trading

He is a very dedicated individual and very willing to help. He has settled on a simple system which he trades consistently and with discipline, to the advantage of all his subscribers. He shows us his signals and gives us the excellent opportunity to learn as we trade his signals.

More importantly, his signals are reliable - and Brendan’s trade planning with stops and targets is consistently objective. We can all borrow from his objectivity and have confidence he is a trader with discipline and vision. Thanks Brendan, I am enjoying this service more than any other I have been involved with

Best wishes

Mike

Psychology of Forex Trading Daily market moving news My GBP Trading recommendations

trader456 2009.03.06 09:20 #130

350 pips profit was generated in the first week of March 2009

350 pips profit was generated in the first week of March 2009. If you have been trading at 2 mini lot, then your profit will be US$700.

9 trades were executed: 8 trades won and only 1 trade lost.

This results in a success rate of 89%.

Here are the details of my trades:

1. USDCHF: 66 Pips Profit

Target level is reached at 1.1584, profit is 66 pips.

Original trade:

Shorted USDCHF at 1.1650

Stop level at 1.1714

Target level at 1.1584

2. USDCHF: 84 Pips Profit

Target level reached at 1.1805, profit is 84 pips.

Original trade:

Bought USDCHF at 1.1721

Stop level at 1.1640

Target level at 1.1805

3. USDCAD: 2 Pips Profit

USDCAD is not moving today, possibly calm before a storm.

I closed my position at 1.2780, 2 pips profit.

Original trade:

Bought USDCAD at 1.2778

Stop level at 1.2640

Target level at 1.2909

4. USDCAD: 83 Pips Profit

I close my position at 1.2830, 83 pips profit.

Original trade:

Shorted USDCAD at 1.2913

Stop level at 1.3030

Target level at 1.2793

5. AUDUSD: 77 Pips Profit

Target level is reached, 77 pips profit.

Original trade:

Bought AUDUSD at 0.6310

Stop level at 0.6230

Target level at 0.6387

6. AUDUSD: 40 Pips Profit

I closed my position at 0.6399, 40 pips profit.

Original trade:

Shorted AUDUSD at 0.6439

Stop level at 0.6480

Target level at 0.6359

7. USDCHF: 20 Pips Profit

I closed my position at 1.1730, 20 pips profit.

Original trade:

Shorted USDCHF at 1.1750

Stop level at 1.1810

Target level at 1.1674

8. AUDUSD: 52 Pips Profit

I close my position at 0.6388, 52 pips profit.

Original trade:

Bought AUDUSD at 0.6336

Stop level at 0.6232

Target level at 0.6452

9. USDCAD: 74 Pips Loss

Stop order triggered, 74 pips loss.

Original trade:

Shorted USDCAD at 1.2758

Stop level at 1.2832

Target level at 1.2682

All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by tapping on this trading system, send an email to me at metal.commodity@gmail.com.

Systematic Trading In Forex & Commodity (Trading Education Service Provided)
Trading Education Service Provided

Show me the money! Big Profit Without Using Competition. I will write

Trader456's trading ideas - page 13