2009 June

Update on yesterdays trades

Posted on30. Jun, 2009 by admin.

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I posted two trades yesterday evening, a long order on GBP/JPY and a short on EUR/CAD. The GBP/JPY has reached my stop loss of 50 pips, and the EUR/CAD is still open. We had the Canadian GDP number released a few hours ago, but this came out as expected so there were no sudden dramatic [...]

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Evening trades

Posted on30. Jun, 2009 by admin.

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Earlier today I wrote about two possible setups. They have both reached a level where I feel good about entering. Here goes:
First trade: Short EUR/CAD at 1.6296 with a stop loss of 50 pips and take profit is open.
Second trade: Long GBP/JPY at 159.255 with a stop loss with of 50 pips and take [...]

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Review of Forex Signal Club

Posted on29. Jun, 2009 by admin.

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Forex Signal Club is one of the many new signal providers out there. I found them over at Forex Peace Army, with two 5 star ratings. As they offered a free trial for one week, I wanted to see how things played out. I signed up June 12th and one week forward. When I signed [...]

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Contest over at Forex Peace Army

Posted on29. Jun, 2009 by admin.

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Forex Peace Army is currently running a contest with a first prize of $1000, second prize of $500, third prize of $100 and so on. All you have to do is estimate the price of the EUR/USD and the GBP/USD on a specific day some weeks from now. It is free so why no join [...]

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Back from vacation and two possible trades

Posted on29. Jun, 2009 by admin.

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I just got back last night from one week in the south of Spain. Great wine, lots of seafood, cold beers, etc. This was really what I needed after all the school stress. Now I am back and ready for some action.
Take a look at the chart below. Press the link and the picture should [...]

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Trade update: LMT Forex Formula

Posted on19. Jun, 2009 by admin.

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In this week we have had five trades from the LMT Forex Formula from Dean Saunders. The first two trades were going good, all the way to our first target. At this moment, the stop loss should be moved to break even. Both trades were up over 100 pips in profit before they turned and [...]

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New LMT trades

Posted on18. Jun, 2009 by admin.

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As I am on my way to bed, this is going to be a short post. Three new trades have been generated from LMT. Here goes:
Long NZD/USD: 0.6386 with a stop loss of 101 pips and first target is 50 pips
Long AUD/USD: 0.7995 with a stop loss of 117 pips and first target is 58 [...]

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LMT first trades

Posted on18. Jun, 2009 by admin.

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Alright guys, here is to the first signal from LMT. Actually the signal was generated some hours ago, but as I was out with some of my friends, I didn’t have time to check up on the forex market before now. Although I am a bit late, the entry I will get is actually better [...]

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LMT trade signals

Posted on16. Jun, 2009 by admin.

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As I wrote in my last post, I will be posting signal generated by the LMT Forex Formula from Dean Saunders, throughout this week. So far, no signals have been generated. When I do get a signal I will post it here on TradeProfit.net. Although the system can be traded, using both the 4 hour [...]

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Free signals: LMT Forex Formula from Dean Saunders

Posted on12. Jun, 2009 by admin.

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As I am one step closer to being done with my exams, and I finally got my laptop back, I will start trading the LMT system from Dean Saunders within the next couple of days. I will run this on a demo account for the first few days, to get an idea if this is [...]