Posts Tagged ‘currency strategy’

Monday, August 11–EUR/USD Trading Grail Auto Trade

Monday, August 11th, 2008

Hello currency traders,

We had a great auto-trade session last night. The first Trading Grail signal was a short, but since the price was too far from the signal, Trading Grail auto-trade never took a position…we managed to get a break! The next signal was a long; we have our limit set to 15 pips, which we took. EUR/USD made about a 117 pip move. The next Trading Grail signal was a short, and we managed another 15 pips…EUR/USD moved about 60 pips on this signal.

It’s a great start to the week!

To see a larger chart, just click on it.
Forex Strategy

To learn how you can add Trading Grail to your FOREX strategy, visit https://www.topgun4x.com

I can offer clients exclusive discounts off of the Trading Grail purchase price! To learn about these discounts, fill out my info request form: https://www.topgun4x.com/form.html

Trade to Win!

-david

Friday, August 8–EUR/USD Trading Grail Auto-Trade

Friday, August 8th, 2008

Hello FX traders,

Today was a rough day for trading the EUR/USD using auto-trade. After our first entry, and subsequent loss, we should have had an entry which would have produced a winner. Trading Grail auto-trade did not make an entry; the price was too far from the signal…this is adjustable in the auto-trade settings; there was about a 90 pip movement with the second Trading Grail signal.

After that, the EUR/USD traded in a narrow range and just killed us. We managed to take one winner and four losers.

To see a larger chart, just click on it.
Forex Strategy

To learn how you can add Trading Grail to your FOREX strategy, visit https://www.topgun4x.com

I can offer clients exclusive discounts off of the Trading Grail purchase price! To learn about these discounts, fill out my info request form: https://www.topgun4x.com/form.html

Trade to Win!

-david

Friday,July 25–EUR/USD Auto-Trade

Friday, July 25th, 2008

Hello currency traders,

First a disclosure: Using Trading Grail for auto-trade is only available to those who have funded an account through TradeStation Securities. It will not work with any other brokers or platforms.

Last night, our strategy of using a 10 pip limit and a 20 pip stop, just didn’t cut it. We wound up with a 9 pip loss after 4 trades. We had two losers and two winners. I placed on the chart “pip potential” of two Trading Grail signals.

There were two great Trading Grail signals, which had a potential of 92 pips. Our limit was set too low to overcome the losses.

We are going to continue trading using the Trading Grail auto-trade feature for next week.

Click on the chart to see it bigger.
Forex Strategy

To learn how you can add Trading Grail to your FOREX strategy, visit https://www.topgun4x.com

Also, Trading Grail works unbelievably well in the S&P E-mini market!

I can offer clients exclusive discounts off of the Trading Grail purchase price! To learn about these discounts, fill out my info request form: https://www.topgun4x.com/form.html

Trade to Win!

-david

Friday, July 18–EUR/USD Auto-Trade

Friday, July 18th, 2008

Good morning currency traders,

I had auto-trade set up to start at 1:00am and run until 6:00am with a max daily profit of $300. I set my limit at 10 pips, and a stop loss at 20 pips.

Trading Grail auto-trade worked great. We had two winning trades for 20 pips.

To see the chart bigger, just click on it.
Forex Strategy

To learn how you can add Trading Grail to your FOREX strategy, visit https://www.topgun4x.com

I can offer clients exclusive discounts off of the Trading Grail purchase price! To learn about these discounts, fill out my info request form: https://www.topgun4x.com/form.html

Trade to Win!

-david

Sunday, July 6–Upcoming Financial Calendar

Sunday, July 6th, 2008

Good morning FX traders,

Here is a summary of this weeks high impact financial reports affecting the EUR/USD; this can be found at Forex Factory.com. It is very important to know which reports are due, and when. If you are not an experienced news trader, don’t get caught in a trade on the wrong side of a report!

Tuesday

  • Fed Chairman Bernanke Speaks
  • Pending Home Sales m/m

Wednesday–no high impact, but I would keep an eye on these two:

  • ECB President Trichet Speaks
  • Crude Oil Inventories

Thursday

  • Fed Chairman Testifies
  • Unemployment Claims (not high impact, but important)

Friday

  • Trade Balance
  • Prelim Michigan Sentiment

I hope everyone had a great weekend. I’m not sure about you, but I’m excited to start another trading week. I will post both success and failure, so come back to see how Trading Grail is performing.

Trade to Win!

-david

Tuesday, June 3–EUR/USD FOREX Trade

Tuesday, June 3rd, 2008

Hello FX traders,

Last nights London session was very profitable trading the EUR/USD. We made our win goal after the third trade, but the chart will show four. Here are the details.

Trading Grail gave a long signal at the 23:58pm bar. We took a position at the open of the next bar, which was at 12:13am; 1.55338 open. EUR/USD did retrace about 10 pips before heading up. EUR/USD made a high of 1.55728 at 2:44am; a 39 pip potential.

The next trade was a loser. Trading Grail signaled a short at the 3:10 bar; we took a position at the open of the next bar which was 1.55547. EUR/USD never went in our favor. We closed and reversed at the next Trading Grail signal; a 12 pip loss.

Trading Grail signaled a long at the 3:22am bar. We took a position at the open of the next bar at 1.55672. EUR/USD made a high of 1.56268 at 5:00am; a potential of 59 pips.

At this point we made our win goal for the day and stopped trading. If you would have continued trading, the next trade had a potential of another 23 pips.

To see a larger chart, just click on it.
Forex Strategy

To learn how you can add Trading Grail to your FOREX strategy, visit https://www.topgun4x.com

I can offer clients exclusive discounts off of the Trading Grail purchase price! To learn about these discounts, fill out my info request form: https://www.topgun4x.com/form.html

Trade to Win!

-david

Monday, June 2–EUR/USD FOREX Trade

Monday, June 2nd, 2008

Hello currency traders,

While trading the EUR/USD during the London session, we experienced our first loss for the evening while using Trading Grail. The EUR/USD began to trade in a narrow range and was actually fooling Trading Grail. We decided to stop trading for the evening after the fourth entry, and closed every thing down by 4:18am. If we would have continued trading, we had a nice 51 pip potential starting at 6:23am. Here are the details.

Trading Grail signaled a long at the 3:01am bar; we took a position at the open of the next bar. The EUR/USD only managed to go to 1.55390, a potential of 11 pips from the open.

Trading Grail then gave a short signal at the 3:20am bar. We took a position at the open of the next bar at 1.55183. This was a loser. EUR/USD never went in our favor and we closed and reversed at the next Trading Grail signal; a 15 pip loss.

Trading Grail signaled a long at the 3:25am bar. We took a position at the open of the next bar at 1.55334. EUR/USD only made a high of 1.55417; a potential of 8 pips, but we were looking for more. That never happened and we closed and reversed at the next Trading Grail signal; a 6 pip loss.

Our next Trading Grail signal was a short at the 4:07am bar; we took a position at the open of the next bar;1.55271. Again, EUR/USD never went in our favor; we closed and reversed at the next Trading Grail signal; a 9 pip loss.

This is when we decided to call it a night. We had a loss of 20 pips for the night; but if you look at the chart you will see that the EUR/USD finally made a nice move if you made a short at the Trading Grail signal at the 6:23am bar; a potential of 51 pips. My partner told me that the New York session was much better to trade than the London session.

To see a larger chart, just click on it.
Forex Strategy

As I have stated in the past, I show the good with the bad, and last night was one of those bad nights. You will not win every trade…no one does. Trading Grail increases your chances that you will be a successful trader.

Trading Grail does not find tops or bottoms, it is used with your trading strategy. Your profits and losses depends solely by your stops, limits, and risk tolerance.

To learn how you can add Trading Grail to your FOREX strategy, visit https://www.topgun4x.com

I can offer clients exclusive discounts off of the Trading Grail purchase price! To learn about these discounts, fill out my info request form: https://www.topgun4x.com/form.html

Trade to Win!

-david

Sunday, June 1–This weeks Economic Calendar

Sunday, June 1st, 2008

Good morning,

On Sundays I post the upcoming economic calendar that affects the EUR/USD.  I only list the high impact events; if you ned a complete calendar, you can find it at http://www.forexfactory.com

This week will be a busy week regarding economic news; all times listed are EST.

    Monday

  • 10:00am ISM Manufacturing Index 
  • Tuesday

  • 9:00am Fed Chairman Bernanke Speaks
  • Wednesday

  • 8:15am ADP Nonfarm Employment Change
  • 10:00am ISM Non-Manufacturing Composite
  • 2:45pm Fed Chairman Bernanke Speaks
  • Thursday

  • 8:30am ECB Press Conference
  • Friday

  • 8:30am Unemployment Rate
  • 8:30am Nonfarm Employment Change

Know you calendar! 

I hope everyone has a profitable week.  I will post Trading Grail results starting tomorrow morning. 

Trade to Win!

-david

Friday, May 30–EUR/USD FOREX Trade

Friday, May 30th, 2008

Hello FX traders,

Last night was our final trade for the week; I have been trading the London session consitently every day. I just want to clarify as to what “Trading Grail” is, and does. Trading Grail is a TradeStation only indicator package. It is not a “strategy.” Trading Grail is used in conjunction with your own personal trading strategy. If you do not have a strategy, a .PDF manual comes with Trading Grail which has some trading strategies you can try. Trading Grail works with many different markets, which include FX (obviously), bonds, and the eminis.

Trading Grail does not find tops or bottoms, nor will you “win” every trade. Your profits and losses are determined solely by your stops, limits, and risk tolerance.

Ok, lets look at last nights London results.

Our first signal came at the 2:01am bar. This was a fast trade… we took a position at the next bar; we managed to get in a little better than the open, but the open was 1.55047. The EUR/USD made a low of 1.54811 at 2:05am, 2 minutes after the open of the trade; a potential of 23 pips.

The next trade was a loser. Trading Grail gave a long signal at the 3:06am. We took a position at the open of the next bar at 1.55047. The EUR/USD never went in our favor and if you waited until the next signal to close and reverse, you would have had an 18 pip loss.

That reversal signal came at the 3:19am bar; a short signal. We took a position at the open of the next bar at 1.54859. EUR/USD made a low of 1.54611 at 4:12am; a potential of 24 pips.

Our last trade of the night came when Trading Grail signaled to go long at the 4:25am bar. We took a position at the open of the next bar; 1.54794. EUR/USD made a high of 1.55306; a potential of 51 pips.

Overall it was a very good night…the potential was there to make 80 pips in those four trades.

To see a larger chart, just click on it.
Forex Strategy

To learn how you can add Trading Grail to your FOREX strategy, visit https://www.topgun4x.com

I can offer clients exclusive discounts off of the Trading Grail purchase price! To learn about these discounts, fill out my info request form: https://www.topgun4x.com/form.html

Trade to Win!

-david

Thursday, May 29–EUR/USD FOREX Trade

Thursday, May 29th, 2008

Good morning currency traders,

We only had two trades during the London session, but the chart will show a third.  We were not trading before midnight, but if you were you would have had the opportunity to make 81 pips.  I’ll explain more below.

This trade we were not in:

At 10:23pm Trading Grail signaled a short.  If you were trading you should have taken a position on the next bar; the open was 1.56454.  The EUR/USD made a low of 1.55639 at 2:53am; a potential of 81 pips.

Ok, our first trade came at 3:10am when Trading Grail signaled a long.  We took a position at the open of the next bar; 1.55851.  EUR/USD made a high of 1.56086 at 3:49am; a potential of 23 pips.

Trading Grail signaled a short at 4:10am and we took a position at the open of the next bar; 1.55783.  EUR/USD made a low of 1.55458 at 4:33am; a potential of 32 pips.

To see a larger chart, just click on it.
Forex Strategy

To learn how you can add Trading Grail to your FOREX strategy, visit https://www.topgun4x.com

I can offer clients exclusive discounts off of the Trading Grail purchase price! To learn about these discounts, fill out my info request form: https://www.topgun4x.com/form.html

Trade to Win!

-david