Archive for the 'Live Room Forex Trades' Category

Fantastic results today… Great team effort… Well done.

Dan

06:40:19 {Justin_Jay<EN>} made 70 pips yesterday. not much, but my personal best since I joined market bytes:)

07:13: 07:19:32 {Durti_Ca$h} PICKED UP A CHEEKY 100 ALMOST ON THAT !

07:19:39 {Jeremy_W<EN>} 91 for me

07:19:40 {hemal} same Jeremy 150 for me on that one

08:07:48 {venky<EN>} out of crude aswell with a safe 65 pips..

08:17:20 {Durti_Ca$h} BANKING PIPS IS WHAT IT’S ALL ABOUT THO LARRY !!

08:17:15 {Bloom} 1/2 crude position closed, 83 pips

08:18:03 {ben} 35points taken on crude 

08:20:00 {vikki} 50 up on both

08:23:32 {William} 36 pips on gbp/jpy

08:25:29 {chuka,_i} Crude 44 pips, GBPJPY 22 pips, GBPUSD 25 pips

08:30:53 {chris} taken 60 on crude

08:32:42 {chris} happy with 60

08:38:34 {PhilW} took 19 on crude - it may go further but not prepared to sweat it!

08:38:45 {Rupert} taken 40 pips on crude

08:43:42 {venky<EN>} Agree with you Dan, got hurt many times getting carried away..especially with CRUDE!!

08:44:44 {Durti_Ca$h} HAVE BANKED 100 WITH 1/2 MY POSITION ON CRUDE !

08:44:48 {Durti_Ca$h} (WELL, 99 TO BE EXACT)

08:46:10 {rockdrive} closed on crude for 54

08:48:03 {Tom_R} 120 so far on crude and 30 on gold

08:48:26 {martin} 180 pips on E/$ since yesterday now dithering ! 50 up on crude too

08:48:59 {Gazza} Out GBPUSD for 20 pips, Out GBPJPY for 60 pips, Out GBPCHF for 16 pips, stop and TPs kicked in while I was away on a call from work ….. another reason to hate work !!

08:49:32 {Justin_Jay<EN>} yeah, but unfortunatelly, I played 21 CCI exit strategy. so I only took 50 pips on that EURO yesterdya

08:50:20 {Durti_Ca$h}  

08:50:47 {Gazza} All thanks to the strategy Dan, you know Im impressed !!

08:51:04 {barry} out gbpj 40.    Crude  closed 75% after 80

08:51:36 {Stefan<EN>} close half crude +73 and Half GBPJPY +41

08:52:22 {Flash} Closed EUR/USD yesterday for + 40 too early but lots of times try to

08:53:05 {Tom_R} thanks dc

08:53:44 {Johnh<EN>} out of g/j am

08:54:12 {bob} 30 pips profit on £ yen

08:54:25 {Durti_Ca$h} GOOD WORK BOB

08:55:08 {Durti_Ca$h} 1-23 AFTER RETACE ON CRUDE POSSIBLE FOR ANOTHER BITE LATER !!!

08:54:52 {Pauly} CLOSED CABLE POSITION IN ADVANCE OF NEWS!

08:55:21 {gareth} CLOSED CABLE 101 PTS…FROM EARLY HOURS OF THE MORNING!

08:55:24 {little_john} Dan   my first 35pips using the system

08:55:26 {PhilW} phew! 19 on crude 23 cable, nice

08:55:33 {stuey} on the forex factory there is no news out at 9.30

08:55:46 {linda_m} 30 pips on gbp usd bye off to work

08:55:46 {alexjf} 70 points on crude and gbpusd

08:55:46 {hemal} 30 on gbpjpy

08:55:52 {venky<EN>} 65 pips on crude this morning!

08:55:57 {William} gbp/jpy +36

08:55:59 {Justin_Jay<EN>} +30 on GBPUSD and -7 on USDCHF. Still on GBPJPY with a few pips and Stop loss at almost break even

08:56:00 {Tony_H} Crude +100, come on

08:56:20 {Durti_Ca$h} 87 ON CRUDE. STILL IN A BIT BUT RETRACING

08:56:04 {Johnh<EN>} 85 total on g/u and g/j

08:56:05 {erakehi<SV>} 33 gbp/yen

08:56:12 {Simon} GBP/USD  27 & STILL IN

08:56:13 {Rupert} 40 on crude

08:56:14 {Peter_W} stuey, forex factory is in us time

08:56:15 {Larry} +33 crude

08:56:15 {vikki} 90 still in gbp jpy

08:56:16 {Billy_P<EN>} 40 up then made big mistake and lost 25 on EUR /USD

08:56:18 {Chris_M_W} only +10

08:56:21 {andy} 20 gbp/jpy

08:56:25 {nickmead<EN>} 30 GU 20 GY

08:56:33 {gary555<EN>} +38 g/u 32 g/chf

08:56:33 {Tom_R} just closed crude 138 and 32 in gold

08:56:36 {barry} closed crude for now. 85.    be back for 9.30

08:56:36 {Bigboy} 153 on crude - flat and really happy

08:56:40 {Pauly} CABLE 38 POINTS CLOSED!

08:56:47 {Keven}  40 on gb/jp 

08:56:57 {Bill_K} Up 19 on £/$.

08:57:05 {chuka,_i} Crude 44 pips, GBPJPY 23, GBPUSD 26

08:57:06 {stuey} 39 on combi of gbp/usd and gold

08:57:07 {Stefan<EN>} crude +73 GBPJPY +41 GBPUSD +29 great day for me

08:57:08 {Simon} GREAT TRADING!

08:57:12 {Flash} No Trade this morning!

08:57:14 {Mark_G} just watching

08:57:15 {slinger<EN>} no trade

08:57:26 {KEVIN_WEST} AUD/JPY SHORT -6

08:57:36 {chris} 60 on crude, 40 on gbp/us

08:57:42 {Richard} yeah, got in late today so haven’t traded yet. got 40 pips on gold yesterday afternoon

08:57:54 {phil} 20 pips up on gbp/usd still in

08:58:14 {ben} 50 gbp/jpy   35 crude 30 gbp/usd  gold still running at 14 up

08:58:16 {chris} stil in gold +22

09:01:58 {Larry} 10/06/2008 (Private): No Zakkyboy, first time on crude and made +30...got out as others in Live Room getting out and I got nervous too as have heard that it can be a beast. U still in?…may get in after retracement tho

09:02:08 {Tom_R} going to work 170 pips best day so far got a big smile on my face!

09:09:50 {vikki} just had my take profit hit on gbp jpy for 60 pips very happy

09:10:59 {vikki} about 250

09:15:25 {Bloom} closed crude. average 84 pips

09:25:32 {hemal} just closed gbp jpy for 60

09:25:49 {hemal}  210 for week

09:25:53 {Tonyxx} 81 pips banked across 4 markets, 3 open positions with 1 penny per point for practice short GBP/JPY, Gold & Crude.

09:35:07 {Jeremy_W<EN>} + 34.5 pips on GY. Two closes.

 09:35:10 {rockdrive} bye and thanks cl 54 and g/j 22

Morning all…GBPCHF wiped a few out today but EURJPy and CRUDE were the winners.

Well done…Messy overall though with MPC out today.

Dan

09:38:59 {Superman} wiped me out too for 32…should have stayed out

09:40:04 {stuey} me to mark -38

10:03:17 {Christoffi} Chris Is Banked 100 pips in EUR/JPY

10:04:27 {Christoffi} Banked 100 pips I do not care what happenes to it

10:05:17 {Christoffi} SO far guys 890 pips this week

10:08:19 {Simon} YES - GREAT INFO DAN!

10:14:24 {Bloom} 20 pips on USDCAD

10:27:49 {alexjf} in on crude up 45 points

10:28:25 {ben} 72 points on crude

10:29:17 {vikki} 60 up im out now on crude

10:31:56 {ben} took the 72 points on the crude

10:32:18 {Durti_Ca$h} WELL DONE BEN. VERY WISE TO GET IN AND OUT. ANYTHING OVER 50 IN 10 MINS IS BRILLIANT.

110:39:52 {Bloom} 3 trades, break even today. 141 pips for the week

10:40:00 {Lisa} 60 pips today

10:40:11 {erakehi<SV>} 75p eur/ypy

10:40:16 {Mark_G} -50 £yen

10:40:17 {Superman} - 32 unfortunately

10:40:24 {hemal} -25 gbp chf

10:40:32 {vikki} +60 1 trade today

10:40:56 {andy} +23 pips EUR/JPY +29 Gold

10:40:57 {david_day<CY>} -30 on gbp chf but only 25 p per point

10:40:58 {Justin_Jay<EN>} closed half of my EURJPY with 52 pips. so I count that as 26. Other half is still open with 80 pips

10:41:00 {Jun<JA>} 10 EURYEN

10:41:09 {jack} -60

10:41:37 {bob} 160 points on dow

10:41:38 {Stefan<EN>} thanks dan and team - no pips only education

10:41:53 {martin} 100 pips on Euro/$ since mon am.100 on dow Mon Tues

10:42:03 {Durti_Ca$h} WELL DONE GUYS !!

10:42:00 {ben} +72 crude +12 EUR/YEN

10:42:05 {linda_m} just the 24pips bye all

10:42:11 {Peter_W} Thanks everyone, 0 pips today

10:42:15 {chris} -10 gbp/chf. Thanks guys

10:42:43 {phil} lost 43 pips on gbp/chf-closed position on dow for 136 pips profit

10:43:26 {perry} cheers guys +28pips for the day

10:43:30 {Flash} Thanks All

10:43:30 {Bloom} Still learning. Thanks

10:43:36 {Peter_Fletcher} bye mixed morning all square

10:44:06 {Bill_K} -27 on £/$ but learnt a lot.

10:00:32 {rocwell} that was one of the easiest 85 pip gain in a while for me

10:10:57 {Monkey_Boy} 242 on two trades brilliant

13:53 {bob} have realised how to use 15min chart today after a comment from you today dan suddenly clicked in

10:16:37 {Geoff} made 124 pips so far this week BUT missed out on 167 because I bottled it, came out early and did’t exit using cci. Will use cci all the time in future.

10:17:15 {Lisa} 113 pips yesterday and still my first week

10:25:30 {Bloom} Lets hope for 12250. Still in from Monday, up 211 pips. Good call Monkey Boy.

10:25:37 {John} made 100 on dow yesterday monkey

10:31:20 {hemal} banked 80 gbpchf closed half

10:32:05 {rocwell} just the 85

<EN>} missed the boat today only 23pips going to leave it today to get my head right

10:42:58 {stuey} 18 pips another bad day

10:43:09 {FXcutter} 20 pips

10:43:09 {Geoff} +33 today on ej but came out early when trichet started to speak.+ 125 for week so far

10:43:16 {stuey} +18

10:43:23 {bob} missed todays fx trades but still short dow and dax

10:43:23 {Peter_W} No trades today. Missed the cable trade.

10:43:29 {Durti_Ca$h} 251 AND STILL ROLLING !

10:43:23 {Bloom} 0 pips today, I was like a rabbit in the headlights.

10:43:28 {nickmead<EN>} 35 pips EuroJpy

10:43:30 {Bill_K} +63 Short £/$

10:43:30 {Simon} 48 PIPS ON GBP/USD & STILL IN!

10:43:30 {Nicholas} +63 today but I was away alot

10:43:41 {gary555<EN>} +24 u/chf + 12 u/cad

10:43:43 {vikki} +30

10:43:45 {david_day<CY>} only 11 today

10:43:46 {barry} + 40 + 40 e/y £/y still on dow

10:43:47 {Tonyxx} I have got 80points today and still have some positions open

10:43:49 {Johnh<EN>} 46 0n g/y

10:43:54 {hemal} +90

10:44:01 {perry} +1!!! jumped in to late and had to wait on GBP/USD

10:44:23 {Justin_Jay<EN>} +42 on GBPUSD +76 on GBPJPY, but I trade half of my position on this pair, so +38. Unfortunatelly, lost 39 pips on two stupid trades (that shouldn’t happen) on USDCHF. So overall +41 pips. But still have an open GBPCHF position with around 60 pips right now

10:44:29 {gareth} 79 PTS TODAY 294 ROLLING FOR WEEK NO LOSSES

10:44:34 {Stefan<EN>} +18 missed the boat a bit- still in the money on the dow - very happy

10:44:46 {erakehi<SV>} 27p on gbp/chf trouble to come in the room

10:44:46 {barry} the day I stopped being greedy was the day I started making money

10:44:48 {andy} no trades today but had 45 pips on gold yes

terday afternoon plus another 90 on DOW

10:45:00 {FXcutter} 20 pips for me

10:45:59 {Tonyxx} I got 500 pips on the long term one, thanks

10:46:13 {Gazza} +182 pips, all out.

10:46:23 {Errol} L8tr guys took 10pips all good

10:46:25 {Monkey_Boy} 500 pips tony great work what were you trading!!

10:47:09 {chris} 58 pips today

10:47:12 {Gazza} +182, on £$, euryen, gbpjpy and Xau

10:47:35 {Durti_Ca$h} GREAT RECOVER FROM YEST !!! BRILLIANT

10:47:35 {Simon} WELL DONE!

10:47:56 {Gazza} See you guys tomorro, and thanks !!

10:49:21 {Durti_Ca$h} BEST MORNING FOR ME

Morning all…

Messy morning to be honest with no real direction… CCI’s clashed with Moving Average’s which kept us out of many of the potential trade setups.

{rockdrive<EN>} +26 eu/jpy

{Billy_P} no trade today 113 yesterday

{andy<EN>} +95 points on DOW from yesterday - nothing today. Thanks Guys

{gary555} +51 e/u + 29 a/u

{Gazza<EN>} 104 sorry

{Bloom<EN>} Up 85 pips on yesterdays Dow recommedation. Thinking longer term

{bob<EN>} still with the dow ,short120 pips up

{Gazza<EN>} -19 $Yen

{Flash<EN>} +121

{Superman<EN>} +20 cable

{Flash<EN>} Come out of Dow earlier this morning, +100 plus my +21 Cable very happy today

{Flash<EN>} Out of Cable, +21

{Superman<EN>} made a quick 20 off cable

{Stefan<EN>} still in +125 pips

{Simon<EN>} 116 PIPS JAMES - CHEERS!

{vikki<EN>} 70 for me thanks James 

{Tom_R<EN>} 104 for me, thanks James

{chris<EN>} 96 on dow 33 on dax

{Richard<EN>} 98 points and still in with half

{andy<EN>} 95 pointson DOW

{martin} 100 on Dow thanks M Boy

{Michelle<EN>} I got 125 points - cheers james

{david_day<CY>} 87 points on dow yesterday thanks james

{Durti_Ca$h<EN>} BEAT ME BY 5 DAVID. ONLY MANAGED 82 !

{david_day<CY>} out of usd jpy 3 pips

Good morning all

Bit messy intially but good results from the group…Well done.

Dan

vikki} out of eur yen for 17 pips all while getting son ready for school not bad

{chris} out of E/Y for 25

{david_day<CY>} 19 on eur yen

{Tony_H} yes, 7pips

{andy} I had 20

{Christoffi} 35 pips

{Geoff} 20 eur/yen

{Justin_Jay<EN>} I’m still holding

{Christoffi} 35 EUR/JPY

{Bloom} closed 1/2 EurJpy for 16 pips

{chuka,_i} 19 pips

{Christoffi} VERY Happy took 100 pips on GBP/JPY

{Bill_K} Took 50 of £/$ in 2 short trades

{rockdrive} exited e/u for loss of 10 pips

{chuka,_i} Closed other half of EURJPY for 24 pops

{Durti_Ca$h} OUT WITH 30 EURJPY

{Tom_R} took 30 pips on eur yen still short crude,gold and dow

{gareth} OUT OF EURJPY 22 PTS CLEAR

{chuka,_i} taken 42 pips on GBPUSD

{chris} taken 60 on GBP/CHF - news out in 20 mins

{Tom_R} just closed out crude 52 pips so far on 2 trades good start to the week

{Durti_Ca$h} GONNA TAKE A 9 PIP HIT

{venky<EN>} okay out of eurusd with a pip profit

{chris} -2 on eur/usd

{Christoffi} Just bamked 60 more pips on £/JPY

{venky<EN>} okay im off to bed! 4 30 in the morning for me.. happy with 50 points

{Superman} im off guys. Took a 20 pip hit on eurusd today another down day..

{Bloom} out of EURJPY, 60 pips on second lot

{Justin_Jay<EN>} took -21 pips on Euro… at least took some pips at EURJPY

{david_day<CY>} going out now taken 37 pips on dow may get back in later after

{erakehi<SV>} 55p in eur/yen

{chris} thanks dan, good call james. 85 pips today, excl indices

{Durti_Ca$h} -9 ON EURUSD +30 EURJPY, UP 84 ON DOW AND DAX COMBINED. STILL IN !!

{Jeremy_W<EN>} -8 EU + 32 EJ

{Bill_K} 50pips short £/$

{jack} 230 so far

{Tonyxx} 19 pips down today

{Richard} -17 EUR/USD

{Simon} GBP/USD 44 PIPS & OUT!

{vikki} +30

 {gareth} 62 PIPS

{stuey} 72 GBP/USD

{Justin_Jay<EN>} 44 pips in EURJPY and -21 on EURUSD. So 23 pips

{Tonyxx} made 25 but gave all back reentered gold short 

{Tom_R} 52 pips from eur yen and crude

{Geoff} +24 today

{John_M} -11 on eur/usd but going to keep watch ’safternoon  so might make it back elsewhere by end of day!

{andy} -10eur/usd -40 GOLD +19 Eur/Jpy

{Stefan<EN>} EURUSD -23  DOW+40 and counting

{hemal} just 10 for me on gold

{Bloom} averaged 40 pips on EurJPY. -3 on EURUSD

{Bloom} 20 and 60 pips

Good afternoon all,

Its tough out there and a lot of mixed views in the market place for clear direction…

It is very important to react to market conditions and when the markets arent trending we need to adapt and move to shorter time frames eg the 15min chart. It will be a good idea to put your 84 CCI on your 15min chart. This is your 60min 21 CCI which is our entry point on trades… We are looking for strong moves above or below the 0.00. I will also explain the exit strategy using this strategy in the Live Room tomorrow…

Gold was the trade of the day so far with a great call short below the 60min 50ma from 925.50 and is now trading at 919.00…

Cable - A few guys in the room took the short on Cable and varied between 10 pips and 110 pips profit.. That purely comes down to money management and confidence in trading. The resistance was at 1.9850 and even when it looked massively bid a few went short with tight stops above the 1.9860. Otherwise many went short on the break of the bottom channel at 1.9745 for 10-30 pips profit.

GBPCHF caught many of us out today but a lesson learnt for all.. It is a beast but when it isnt trending well we must learn to stay away from this one, otherwise it gets expensive…

As mentioned the Gold was the play and a great high probability trade with quite a few of you short.  Great work!!!

Good morning all…

Fantastic positive room today. EURUSD, USDCHF and Cable fizzled out but no harm done but many of the MBC and you capitalized on the CRUDE, GOLD and EURJPY which is great to hear.

Remember this is only the 1st week and the progression of the group is the main thing. Don’t worry if you havent traded these, there are plenty more opportunities out there which we as a group will trade.

EURJPY broke below the 163.5o level perfectly for an entry..I know a few of you jumped in at 60/65 which is fine as you were very confident in the pullback towards the 200ma. Some of you took profit on the support level for 40 point profit and others decided to run it like Gareth for 100 point profit…Well done to you all. This is all down to money management and the main thing is we all evealuated the risk and traded your own book.

GOLD was agreat long and 3 MBC traders alerted there long position around the 920.50/921.50 and took a solid 30/40 pips on this trade back to the 15min 50ma..

Crude was again alerted after yesterdays large fall of 500 pips for a bounce from 131.30…  We are now 100 pips up in this and watching…if you like it for a long play look at the longer term charts.

Great work to you all..

Speak on tuesday.

dan

Hi Guys

Bit of a messy day today to be honest…All FX charts setup for retracements back to the 200ma but the problem with this type of trade is that you are trading against the main trend…USDCHF and GBPCHF were all in down trends but finding large support off the daily 50ma.

It was a tough morning because EURUSD started weak, giving an impression that the retracements were on and then rallied and then fell off again after a false break of the 1.5800… USDCHF was then left stranded but interestingly GBPCHF, which was called on the break of 2.0265 came into play with a pullback to the 60min 50ma.. Hard to pick but nevertheless a good break and pullback…

The FTSE was the only other cheeky play…. Support off 60min 200ma on my 15min chart…. Resistance line is clear and break from 6,190 to 6,230…

Sentiment is changing by the day and be wary of false breaks on 15min charts… The 60min smoothes it all out.

Also always remember where the price is in relation with the 200ma… Vvvv important, as pullbacks can be aggressive the further away from the 200ma.

Enjoy the afternoon

Morning all…

Great start to the Live Room with many of you taking advantage of the weak USD.

We concentrated on the strength of CHF today and the strength of the EUR and GBP against the USD. Most of you gained between 30 and 80 points which is a great start and a good build from yesterday.

EURUSD - Perfect break with German PPI coming out stronger than expected and a target of 1.5600 for the morniung session.. A great start with 50 plus pips.

GBPUSD - With USD weakness all round the GBP started to build as well off the 50ma for a move to test the Daily 20ma.

USDCHF - Look at the 50ma crossing down from the 200ma.. The red heiken ashi candles get u in on the break for a move from 1.0500 down to 1.0450 this am… A great 50 plus pips to be had…

GBPCHF - Usdchf led the way and was looking for a pullback to the 4 hour support..Entry on break of 50ma and 200ma from 2.0490 to just below 2.0450… A solid 40 plus pips this am to be taken…

Great work guys and speak to you all tomorrow…Remember there is no pressure to trade… This will all fall into place over the next few days and weeks.

Excellent..Ok speak tom at 6.45am.

Dan