WTFX|LIVE 2.0

October ’11 Results: +402 pips

Trade Desk — Tue, 01 Nov 2011 20:10:07 +0000

WTFX|Live trade signals generated 402 pips in October; assuming no leverage (1-1) was used, this would be a gain of 4.02% on the total account. Using higher leverage would mean a greater percentage gain/loss.

ID 02.5 | GBPAUD | +0
ID 02.4 | AUDUSD | +0
ID 02.3 | AUDUSD | +0
ID 02.2 | EURGBP | -24
ID 02.1 | GBPAUD | +29
ID 01.9 | GBPAUD | +250
ID 01.8 | NZDUSD | -31
ID 01.7 | NZDUSD | +84
ID 01.6 | NZDUSD | +119
ID 01.5 | NZDUSD | -25

Total: +402 pips

Total Trades: 10
Profit Trades: 4
Loss Trades: 3
Profit/Loss: 57%

Average Profit Trade: +90 pips
Highest Profit Trade: +120 pips

Average Losing Trade: -27 pips
Highest Loss Trade: -31 pips

October ’11 Total Profit: +402 pips

Click here for previous monthly results.

ID 02.5 | GBP/AUD | +0

Trade Desk — Mon, 17 Oct 2011 15:25:21 +0000

Oct 17 @ 10:25 ET > Taking a BUY position on the GBP/AUD as price moves above the 1HR downtrend line shown in charts below.

Oct 18 @ 07:35 ET > Moving stop to BE.

Oct 18 @ 10:50 ET > Stopped out at breakeven.

ID 02.5 | GBP/AUD BUY| Stopped| Entry: 1.5410| SL: 1.5230 | SL2: 1.5410 | Profit: +0

ID 02.4 | AUD/USD | +0

Trade Desk — Mon, 17 Oct 2011 14:50:47 +0000

Oct 17 @ 09:42 ET > Continuation from previous trade, ID 02.3, we are taking a sell position on the AUD/USD. Price moved up to touch the long-term 4HR downtrend resistance line, and is now moving down. Stop placed above recent high, but we will be watching closely for continuation movement and will close manually if needed.

Oct 18 @ 07:30 ET > Moving stop to BE.

Oct 19 @ 07:30 ET > Stop hit, trade closed at breakeven.

ID 02.4 | AUD/USD SELL| Stopped| Entry: 1.0257| SL: 1.0380 | SL2: 1.0257 | Profit: +0

ID 02.3 | AUD/USD | +0

Trade Desk — Wed, 12 Oct 2011 01:23:56 +0000

Oct 11 @ 19:40 ET > Recent counter-trend price action on the AUD/USD formed a 15min uptrend line that price has just crossed below. This also coincides with a larger trendline on the daily chart (see below). Additionally, there is a psychological barrier at 1.000. We are taking a SELL position on this cross, with a stop at 1.0020, above the recent high. This is potentially a longer-term trade.

Oct 11 @ 23:00 ET > Price made a quick move down, but may be retracing. We are moving stop to BE.

Oct 12 @ 08:15 ET > This trade was stopped out at BE, we will be looking for re-entry.

ID 02.3 | AUD/USD SELL| Stopped | Entry: 0.9942| SL: 1.0020 | SL2: 0.9942 | Profit: +0 pips

ID 02.2 | EUR/GBP | -24

Trade Desk — Mon, 10 Oct 2011 17:10:22 +0000

Oct 10 @ 12:37 ET > Taking an aggressive short on the EUR/GBP on a break of the 5min uptrend support line (see charts below). This price level also touches a 4hr resistance line and would be forming a double-top on the 15min chart. Placing stop above the recent top.

Oct 11 @ 20:00 ET > Trade stopped out as price made a run up, breaking above the 4hr resistance trendline. We will not look to re-enter a trade on this pair in the near term.

ID 02.1 | GBP/AUD | +29

Trade Desk — Thu, 06 Oct 2011 15:23:02 +0000

Oct 6 @ 11:15 ET > We are re-taking a sell position on the GBP/AUD on a touch of the 5min resistance line (see chart below). We’ll keep a tight stop above the trendline at 1.59. Should the pair rise above this resistance line, we’ll look for a sell on a hit of the 15min resistance (red trendline on 15min chart below).

Oct 6 @ 16:28 ET > Price has moved above the short-term resistance line mentioned above, we are closing this trade for +29 pips profit.

ID 01.9 | GBP/AUD | +250

Trade Desk — Wed, 05 Oct 2011 15:44:43 +0000

Oct 5 @ 11:20 ET > Price has made a run up to form a resistance trendline with the two previous highs (see 4hr market graph below) – a movement up we were initially hoping to catch, see ID 01.2. However, we are now taking a sell on this pair as price has moved below the 1hr uptrend line. This is a longer term swing trade for us, as we expect price to take a few days to move down to our profit level. Stop placed above the 15min downtrend line being formed as price moves down, and we will continue to adjust as pair moves down.

Oct 6: 08:30 ET > Price dropped heavily on this pair during the release of GBP economic data this morning. We are closing this trade for a tidy profit of +250 pips. Should price move up to the short term resistance line we were previously using as an exit line, we may look to re-enter a sell on this pair.

ID 01.8 | NZD/USD | -31

Trade Desk — Wed, 05 Oct 2011 00:08:58 +0000

Oct 4 @ 19:50 ET > Taking another NZD/USD sell on recent counter-trend movement as price has hit a resistance downtrend line (see 4HR chart below). Stop placed above the resistance trendline.

Oct 5 @ 11:15 ET > Our trade was stopped out last night as price continued to rise above the 4HR resistance trendline. This signals an end to the recent heavy sell movement and we won’t be looking to re-sell this pair until it has made significant retracement on that movement.

Previous NZD/USD Sell Trades in this series:
ID 01.7, ID 01.6, ID 01.5, ID 01.3

September ’11 Results: +218 pips

Trade Desk — Tue, 04 Oct 2011 01:26:47 +0000

WTFX|Live trade signals generated 218 pips in September; assuming no leverage (1-1) was used, this would be a gain of 2.18% on the total account. Using higher leverage would mean a greater percentage gain/loss. We were only trading from Sept. 17, hence so few trades this month.

ID 01.7 | NZDUSD | +84
ID 01.6 | NZDUSD | +119
ID 01.5 | NZDUSD | -25
ID 01.4 | USDJPY | -28
ID 01.3 | NZDUSD | +68
Total: +218 pips

Total Trades: 5
Profit Trades: 3
Loss Trades: 2
Profit/Loss: 60%

Average Profit Trade: +90 pips
Highest Profit Trade: +119 pips

Average Losing Trade: -27 pips
Highest Loss Trade: -28 pips

September ’11 Total Profit: +218 pips

Click here for previous monthly results.

ID 01.7 | NZD/USD | +84

Trade Desk — Thu, 29 Sep 2011 14:35:48 +0000

Sept 29 @ 10:33 ET > Taking another short-term NZD/USD sell position on break of uptrend line.

Sept 29 @ 13:20 ET > Exiting trade at 0.7715 for an 84 pip profit. We believe there is further downside on this fair, but would rather take profit here than turn this into a longer term trade.

Previous NZD/USD Sell Trades in this series:
ID 01.6
ID 01.5
ID 01.3