Proud To Announce Grand Opening

So many friends have been asking me to help them with trading in the Forex markets that I decided to open a signal service.  This service will alert traders by email when and what to buy.  I specialize in trading the Euro, Yen, and
British Pound...all against the dollar.  Once in a while when the set up is too great to ignore, I will trade the New Zealand and Australian dollar.

It took me 15 years to develop a winning methodical process, but finally I did it.  I make money on 90% of my trades.  Because I am so confident with this claim, I am willing to offer you one week of service, free.  No credit card needed, no personal information, no spam, no anything....just service with a smile.

Please check out www.pipsco.com

Short Euro 1.3950

Short Euro 1.3950

Euro Trade during Asian Session

Scalp Trade:  Shorting EUR at 1.3670 at 7:54 PM EST  Hoping to target 1.3839.  Stop above consolidation high of 1.3879.  Risking 9 to make 30

For Experienced Traders Only

If you're an experienced forex trader, you might be interested in listening to a forex audio channel hosted by Traders Audio.  The staff speaker, Jason Alan Jankovsky, is phenomenal.  He is so experienced and so knowledgeable, his pace may be a little too quick for beginners.  However, he does allow for Q&A from anyone.  Not only does he talk about support and resistance on all the pairs, he's not afraid of voicing his opinion on world politics, the economy and whatever else he has a beef with.  In this day and age of 'politically correct' media, it's kind of refreshing and entertaining to hear what most of us are probably thinking anyway.  His broadcast hours are limited to specific hours, but the time he spends with you is invaluable.  If you miss a broadcast, there are many video recordings to check out.

Here's a brief bio:  

Jason Alan Jankovsky is a 20+ year veteran of leveraged transaction trading. Trading extensively in Futures, Options, and FOREX since 1986, first as a customer and then as a registered broker, he is self-taught and self-educated. Working in almost all facets of the trading business, he has authored several trading systems, trained other successful traders and has been published in many industry periodicals; his numerous articles on global cash FOREX have appeared in "Traders Savvy", "The Perspective", "SFO Magazine", "Futures Magazine" and other industry publications. He is a regular guest on FOREX TV and the Jack Bouroudjian Show as well as other business radio and television shows. He is the author of "Trading Rules that Work: The 28 essential lessons every trader must master" (John Wiley & Sons, October 2006), a regular Amazon top-100 best seller in the category of "Futures"

Trade Projections, 4/29-30

9:30pm...EST.  We are long Euro at 1.3808...half my stack.  Will add at 1.3785 .  Give it 25 ticks stop after that.

Yesterdays AUD trade was projected to yield 50 ticks.  Those that traded it and stayed in got 30

2:40AM UPDATE:  EURO might have found a bottom at 1.3796.  If you want to add to it at 1.3700 and stop out below 1.3796, may not be a bad idea.  But I still might buy back in at 1.3761 (new projected bottom)

IF we get 1.3840 before the numbers at 8:30AM EST, take your profit and bail.

7:10AM UPDATE:  For those of you  that got in around 1.3810, you are up 30+.  For those of you that addes at .13785 as per the original post, you are up over 50.  For those of you that waited until the adjusted bottom estimate, well, we missed it by 14...oh well.  Still, a good trade.

11:08 UPDATE:  Shorting EURO @ 1.3903 if given a chance

New Trade 4/28

Long on AUD/USD at .9234  Targeting 50+

My Trades 4/23

Dont think Im trading today.  My system is based upon extreme postions.  Nothing seems to be in the over bought or over sold territory.  Think I will wait it out.

HOWEVER, I just noticed the AUD/USD is oversold.  Im getting in long 92.76
UPDATE:  I got out with a profit of 10, but now back in.  Lots of resistance at 92.86.  Once it gets past there, we should be good to at least 93.15.

MY TRADES..4/22

Yesterday, I called and went short on the USD/JPY.  My entry was a little late, at 102.58.  I knew that might be the case but did not want to miss a good move.  I went in with a 3rd of my stack.  I was going to add at 103 if it got there, but noticed a triple top at 102.71.  It used to be if you get a triple, watch for a break out.  Not the case anymore.  Now it takes at least 4 attempts to break out.  Anyway, got in again at 102.68.  This morning at 2:30AM EST,  I took myself out for a little, but nice profit.  I hate leaving a trade on the table overnight.  Cant sleep!! So, off to bed.  Will wait for numbers at 10AM EST.

Follow me via email on my blog.  You will receive timely calls and updates to my trades. Currently, I am running a very high percentage win rate.  Not selling anything, just trying to help.

MY TRADES 4/21

I'm short USD/JPY at 102.58.  In with a 3rd of my stack.  Will add at 103.00 with a stop of 20 more.  This may not do anything today as it is a Monday which is usally slow, and it is comimg off a holiday weekend.  May have to hold overnight. Time will tell.

News Trade on CAD 4/17

At this moment, it looks like from MY BPI, its setting up for a short.  I will update my decision closer to the release.  Check back here for an update 5 minutes prior to the release.

8:12AM  Only if this goes to 1:1040 will I short.  Other than that, im not touching it. Just not sure at this moment.

8:15  I may short at 1:1050 after the release

8:50  Well, it did go down.  I did not get in before the release because it was not in my sweet spot.  Im in now short a small position.  Chasing a bit.  Do not recommend doing the same

News Trade on CAD

If any of you have been following my calls, and if you had read my philosophy in placing trades, you know I don't put in a lot of trades.  Price has to be in an ideal place whereby there is no question in my mind as to which direction it will go.

However, I have been experimenting with news trades, and I have to say, they've been working out pretty well.  This morning, I was long the CAD before interest rate announcements.  I also had an order sitting below the market in case there would be, as most of the time is, some stop hunting.  Long story short (too late) I made approx 30 ticks...real fast.  I got out too soon, but that's OK.  I traded chump change just to keep it real.  But all in all, it worked.  I will continue to experiment with my BPI (brian's proprietary indicator) and keep you informed.  Please subscribe to make it easier to keep up with my calls.

I was long EURO before it took off, but....

I was long EURO before it took off, but....I did not post my call because it was not an ideal set up.  When I post a call, it usually is in my books, what I call ideal.

Check out my other calls at http://mydaytradinglife.blogspot.com/

Before numbers on GBP...4/15

If GBP stays where it is or moves down before CPI at 4:30AM EST, I am entering before report....long.  My proprietary indicator tells me to do so.  In fact, I am long now at 1.6695.  It may be too soon to enter, but it looks real good right now.  We'll see.  I am in with a 3rd of my stack.

For those of you that are more conservative, it might go down to 1.3760 in which case, I will ad to my position.

UPDATE:  This trade worked out beautifully...to the T.  Added to my position as it came down and took profit of 40.  I think I will be getting back in long when given a chance.

I was short EURO on Friday going into Weekend

I was short EUR/USD going into the weekend but decided to get out.  What a dummy.  I knew it was a good call but I get nervous hanging onto anything overnight.  Oh when will it end.

Now Im long from 1.38.16 (caught the bottom, yea!)(this was written before the report) but I have a feeling one more leg down will come when the news hits.  But from what I see, there is a gap to fill that occured on Sunday night.  Im going to hang in there to see that hopefully happen.  Whenever I get in, I only start with a 3rd of my intended whole position.  That way, if Im wrong by one hundred (hardly ever) I can add big time to it.  I know the experts say never add to a losing position.  I have a  different view on that.

The first reason is, Ive been doing this a long time now and I pretty much know where significant levels are.  Two:  If you ever started a savings program with a mutual fund or anything that moves with the general markets, the theory is to cost average your savings.  Systematically, funds are added to the account.  As long as I put in a 3rd of my stack, Im good.  I can always make up ground when Im 50 ticks out by adding the remainder two thirds of my stack.  Now, instead of being 50 ticks off, Im only 16 or so.  That's my story and Im sticking to it.

GOING INTO NEWS:

I have an order to buy at 1.3806
8:36 AM  Changed order to buy at 1.37.90

Shorting Euro...11:56 AM EST

I am short 1.91.  Looking to add to it at 1.9210
Targeting at least 50 ticks.

UPDATE  3:02.  Some profit right now, but I might get out before the end of the day.

long dollar for short term...4.10 6:35AM EST

I am long usd/jpy at 101.58.  Target:  102.00

Terrible Trade

My trade on the NZD short last night (4/7/14) was a terrible trade.  Thought you might like to hear that.  But.. i am happy to say that is the first bad trade I've had in a while.  Now, lets move forward.

The CAD is trading on news at 8:30.  I am expecting it to shoot down to temporarily finish the downward trend line, then head back up for a nice minimum ride of 20-30 pips.  Bottom of said trendline is 1.0894.  I will look to get in at 1.0890

UPDATE:  Taking CAD trade off the table for now

TODAY'S TRADES & SET-UPS  MONDAY 4/7/14

7:10 am EST

If CAD continues to go up and is still doing so at 8:30, I will be shorting.  Estimated price at that point should be near today's pivot but would not be surprised to see it go to R1 (1.1027)

SHORTED NZD/USD @ 8605.  I am in with a 3rd of my stack.  Will add the rest at 8640 if it gets there.  My target will be 8580...a total of 60

9:42:  Added to my short.  SL above 8650

Sunday night, AUD trade before numbers

shorting AUD 93.17 ... Target 20 pips

NFP DAY....4/4/14  9:30AM

Buying USD/CAD @ 109.23 if it gets there.

Other than that, will remain neutral until all the dust settles