Posts Tagged ‘gbpusd’

A winner in the GBPUSD for the session, and we’re still holding the second half. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

There was a very early trigger that might have gotten you into a piece of your half size early entry and stopped. Meanwhile, triggered long at A, hit first target hours later at B without stopping, and we’re holding the second half with a stop under R1:

Another winner to close out the week. See the GBPUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A, hit first target eventually at B, and stopped the second half at C:

Nothing triggered again overnight and then we had a small winner on the GBPUSD, which I closed out because it hadn’t gone far. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A, closed at B for end of session about 15 pips in the money:

A loser and a nice winner on the GBPUSD for the session. See that section below as the US Dollar finally moved nicely.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long at A, didn’t quite get to first target, and stopped. Triggered short at B, hit first target at C, still holding about 100 pips in the money on the second half:

A nice clean winner on the GBPUSD. See that section below. Ranges were better, about 120 pips on the GBPUSD and EURUSD, so we should have decent levels spacing for tonight’s new calls.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long at A, hit first target at B, raised stop twice and stopped at C:

A crazy session with the NFP data, which is why we go half size ahead of that data. Ended up with three triggers, including one on that data that might not have filled. See GBPUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index. For the third weekend in a row, nothing to see in the daily charts for patterns or for Seeker/Comber signals.

GBPUSD:

The long triggered early at A, didn’t stop out, triggered again at B if you missed it, went over halfway to the first target but didn’t get there (note the 9 bar setup) and then stopped on the economic data spike. The short triggered at C on the data (still half size, and frankly, if you are awake, you should cancel ahead of data), but hit first target if you got a fill. Lowered stop in the morning and stopped over the entry at E. Then, with the data behind, back to full size and triggered long at F, hit first target at G, and stopped out at the same level as G on the way back down to close the week:

A loser and a flat trade to close out a flat week. See GBPUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.

GBPUSD:

Triggered short at A and stopped for 25 pips. Triggered long at B and did nothing at all, bouncing off of UBreak at C, D, and E, but I finally closed at the entry price at F for end of week:

A disappointingly narrow 50 pips of range on the GBPUSD for the main session led to not much for us to start the week. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A and stopped. 50 pip range for the session:

A winner, but one that didn’t even make it to the full first target. See GBPUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.

There are no patterns for breakout nor any Seeker/Comber signals looming on the daily charts. The US Dollar Index completed 9 bars down for a setup on Thursday.

GBPUSD:

Triggered short at A, didn’t get to first target, never stopped overnight, and I finally closed at B in the money a little for end of week:

A loser and a retrigger that worked and is still going. See the GBPUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short overnight at A and barely stopped out at B. Triggered again in the morning at C, hit first target at D, currently holding second half with a stop over LPT:

More winners on the GBPUSD to close out the week, including a carryover from the prior session. We also had a stop out on the EURUSD. See both sections below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.

GBPUSD:

Came into the session long from the prior day wiht a stop under 1.5200, which didn’t stop. The new long triggered at A, hit first target at B, and closed all of our GBPUSD at C for end of week, including a 150-pip winner on the final exit from the day before:

Two winners for the session. See the GBPUSD below. Still holding half of the long position.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A, hit first target at B, kept going overnight. Note that the low was a 13 Comber buy signal at the S2 level at C. New call triggered long at D, hit first target at E, still holding with a stop under R2. Note that right at the end of the chart, we got a Comber 13 sell signal, so that’s probably the high of the session:

Technically no triggers for the session, or you might have taken one leg of the GBPUSD long. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Under our order staggering rules, if you used the bid, then no trigger at A, but if you used the ask, you might have been put into one out of three legs of the trade, which didn’t work. Overall, our short entry was the low and our long entry was the high as the market did nothing again:

Despite the craziness in the equity markets based on news out of Europe, there wasn’t as much action in Forex again. The EURUSD gapped out of the gate, one of the bigger gaps we have seen, and it eventually headed back toward Friday’s close, although didn’t get there. Meanwhile, the GBPUSD was stuck in a narrow 70 pip range. See both sections below.

The action was so limited that we didn’t even get a single Seeker or Comber signal on the EURUSD or the GBPUSD.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

I was excited about the GBPUSD early as it set the UBreak exactly at A right after the open. However, it ended up triggering long at B and stopping for 25 pips. The range was only 70 pips:

We were only looking to go half size in primetime ahead of the CPI (and triple expiration), so there were two triggers, one early for quarter size and one for half size, both on the GBPUSD. See that section below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts of the ten pairs that we cover with the Seeker and Comber separately heading into next week (no signals or chart patterns at ALL), and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered long very early (quarter size) at A and stopped. Note the Comber buy signal at the low after that, then retriggered at B, hit first target at C. Adjusted the stop in the morning under 1.5100, but should have closed at D for end of week when Europe shut down:

As I mentioned, the first day or two after the time change can be fairly flat as the volume of the Forex pairs changes slightly since the hours aren’t synced the same. This led to 40 pips of range in the EURUSD for the session. Our GBPUSD trade triggered, see below. Hopefully, we shake this off and get back to ranges immediately. Note that my charts are now on Pacific Time.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We had a long over the Pivot, but it triggered too late in the session (just as I was taking screenshots):

GBPUSD:

Triggered short at A, retested the trigger perfectly at B, and then didn’t quite get to the first target. The trade took hours to play out, so in the morning, I lowered the stop just over VAL for little risk and stopped at C:

A loser and a trade still going on the GBPUSD to start the week. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered short at A and stopped. Triggered long at B pretty late in the session, we’ve moved a stop under the Pivot and holding to see what happens:

A winner and a loser for the session. See GBPUSD below. Gaps remain on several pairs from the open on Sunday.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered long at A and stopped. Triggered short at B, hit first target at C, and stopped second half over S1 entry:

One trade if you were able to get any on a news spike. See GBPUSD below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber separately, and then look at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Been a while since we’ve seen a spike like this on news that perhaps made it so that you didn’t get any or all of the pieces of your trade executed, depending on where your orders and limits were at. In terms of the raw trade, triggered long at A, hit first target at B (in the same 5 minute bar) and stop was moved under the entry. Also went again in the morning from C to D:

Nice winner…over 100 pips and still going…for the session. See GBPUSD section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered short at A, hit first target at B, lowered stop over VAL and still holding second half:

Closed a winner and ended the month of January with another nice winner (that at least pushed us green for the month). See GBPUSD section below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber separately (see NZDUSD and GBPJPY in particular), and then look at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

We stopped out of the second half of the long trade from the prior session in the money just above A, then the new short triggered at A, hit first target at B, and after lowering the stop twice, I closed the final piece at C for over 100 pips for end of week and with a Comber 13 buy signal:

Clean winner on the GBPUSD for the session. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered long at A, hit first target at B, moved stop up and stopped at C in the money:

A winner on the GBPUSD for the session, still holding a piece over. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

One leg of the trade triggered at A and stopped at B, the rest triggered at C and took a partial at the tri-star level at D, still holding the rest with a stop over LPT:

A loser to start the week on the GBPUSD, although if you follow our order staggering rules, you should have gotten a piece off in the money. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered short early (half size) at A and never really came back until the middle of the European session to give you the chance to enter unless you set Limit orders. This is one of those cases where we came within 5 pips of the first target and you should have had your orders staggered and gotten at least a leg of your trade off, but we will count it as a loser for simplicity. Stopped at B:

A winner in the GBPUSD to start 2013. Always nice to start the year with a winner. See that section below for the recap.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered long at A, hit first target at B, moved stop under the entry and stopped at C:

A loser and a bigger winner, both on the GBPUSD, to close out the year. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

No calls or Levels tonight for the New Year’s Holiday. New calls and Chat tomorrow after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered short at A and stopped for 25 pips. Triggered long at B, hit first target at C, and closed final piece for 50 pips at D at end of the chart. Didn’t want to hold through the Holiday:

A nice start to the month as we got a clean trigger and nice move on the GBPUSD. See that section below, and we’re still long as we end the session. It even traded average range finlly.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered long at A, hit first target at B, and holding the second half with a stop under R2. Note that the high was the tri-star level and the Average Daily Range boundary:

Almost a dead flat trade for the session as we again had contained ranges, although the EURUSD was about 100 pips so there will be decent Levels spacing for tonight’s last day of the month. See GBPUSD below for last night’s review.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered long at A, never stopped because that would have been under the Pivot at B, didn’t quite hit the first target at C, and adjusted the stop in the morning just under the entry and stopped at D:

A loser and a winner (still going) on the GBPUSD. See that section below. Better ranges too, but we have a Fed announcement tomorrow.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered long very early at A and stopped. Triggered short at B, hit first target at C at S2, still holding the second half with a stop over S2:

I keep getting emails from subscribers asking when we are going to go back to full size. The answer is the same every year. August is typically a slow month, and then the big traders tend to get back to work at some point after Labor Day. Just because we get a one-day spike due to a Fed announcement doesn’t mean that ranges are back to normal. I want to see 2-3 days of good ranges that aren’t just because of a news spike. Until then…have a look at the GBPUSD this session. Basically, 40 pips of range. Who wants to be trading heavy in that? See that section below for today’s trigger.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered short early at A, but gave you chances all session at B, C, D and more to enter, and finally stopped at E:

A nice winner to close out the week and month. See GBPUSD section below.

As usual on the Sunday report, we will look at the action for Thursday night/Friday, then look at the daily charts heading into the new week (nothing interesting), and then look at the US Dollar Index (something interesting there).

FX Levels will be posted for Sunday but no calls will be made due to the US Holiday. We resume Monday.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Stopped out of the second half of the prior day’s play in the money. Triggered long at A, hit first target at B, closed final piece at C:

A much slower week than last week with just two stop outs and one night without a trigger. This time, the GBPUSD short stopped, see that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

GBPUSD:

Triggered short at A, did not quite make it to the first target, and stopped for 25 pips at B:

A nice winner in the GBPUSD, and we’re still carrying the second half of the trade. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered long at A, hit first target at B, kept going, and holding with a stop under line at C:

One stop out on the GBPUSD. See that section below. Fairly slow session with light range.

New calls and Chat tonight. Slow week so far.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Usually, when the market addresses both our short and long entries, it breaks one or the other and we end up with a winner. You know you have the right triggers when the market comes up and tests them. In this case, the GBPUSD tested our long entry at A, then went down to test our short entry (under 1.5485) at B exactly. Unfortunately, in this case, we then triggered long at C and stopped for 25 pips:

One loser and one winner in the GBPUSD to start the week, and we’re still carrying the second half of the long idea. See that section below.

New calls and Chat this afternoon, although they might be closer to 8 pm EST.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A (just barely, and note the Seeker 13 buy signal right there) and stopped. Triggered long at B, hit first target at C, currently holding second half with a stop under 1.5660 (the black line):

Nice GBPUSD trigger, perfect setup and test of the level and then triggered and worked for 100 pips to the final exit. See that section below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber separately (note the GBPUSD comments there below), and then glance at the US Dollar Index.

Here’s the index with our market directional lines:

I will be on the road through next week. Calls and reports will still all go up, but could be a little later on any given day. I may not do Opening Comments each day from the road, depending on my schedule and location.

Levels will be posted on time each day by Mark. Have a great week.

GBPUSD:

Triggered long at A perfectly, hit first target at B (note the Seeker 13 sell signal at that point), closed final piece at C for end of week:

Clean trigger and winner in the GBPUSD, see that section below.

New calls and Chat tonight to close out the week. I will be on the road all of next week. Levels will go up as usual, reports might be a little late from time to time, and the calls could be late certain days, but I will notify in advance through the Messenger. There might be a couple of nights without opening comments as well.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A, hit first target at B, moved stop over S2 and stopped at C:

A waste of time session with just a 5-pip plus spreads loser in the GBPUSD. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight. Back to normal size, but this has not been exciting so far.

GBPUSD:

Triggered long at A, did not stop or hit first target overnight, raised stop to 5 pips under UBreak and stopped at B:

We were half size for the Holiday week, but would have been half size anyway with the ECB and BoE rate announcements, and the BoE one stopped us out of the trade (which is why we go half size for those). See GBPUSD below.

One more day and then back to a better environment.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight, still half size, also have NFP/Unemployment in the morning.

GBPUSD:

Triggered short at A, just barely stopped at B on the rate announcement news, which was unfortunate because then it worked after that:

A loser and a winner on the GBPUSD, see that section below, and we are still long the second half of the trade.

New calls and Chat tonight, but we will be half size ahead of the Fed announcement.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long at A and gave you all the way until B to enter, then stopped. Triggered long at C in the morning, hit first target at D, still holding second half with a stop under R1:

Winner to start the week in the GBPUSD after a gap in the markets from the vote in Greece. See GBPUSD section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered short at A, hit first target at B, moved stop over entry level and just barely stopped at C:

Another winner to close out the week. Five for six for the week in total. Nice stuff, and the ranges have been back up, Hopefully, this holds.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber separately, then discuss the US Dollar Index.

Here’s the Index intraday from Friday with our market directional lines:

GBPUSD:

Triggered short at A (half size), hit first target at B, closed final piece at C for end of week:

Some winners and a loser in the GBPUSD to close out the week and month of May. Glad it is over.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber counts separately, and then look at the US Dollar Index.

From the perspective of the Seeker and Comber, there is a lot going on for once, all of which suggests a likely reversal to the downside of the USD and to the upside on the EUR. That might not make sense to many given the news, but the technicals are saying so. We shall see.

US Dollar Index intraday from Thursday/Friday with our market directional lines:

New calls and Chat Sunday afternoon.

GBPUSD:

Triggered short early at A (half size night ahead of NFP), but gave you hours to enter all the way to B without stopping. Hit first target at C, lowered stop and stopped at D. Triggered the long at E and stopped. Triggered short again at F, hit first target at G, and closed out the final at the end of the chart for the end of the week:

Nothing at all through the Asian and European sessions, and then we finally moved in the North American session and triggered a winner in the GBPUSD. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered long at A, hit first target at B, still long second half with a stop under Pivot (entry):

That was a very slow session for Forex. Both the EURUSD and GBPUSD barely traded 40 pips of range during the European session. We eventually had a trigger, but closed it out around the entry. See GBPUSD below. Tonight’s calls are the last official calls of April.

Here’s the US Dollar Index intraday with our market directional lines:

New Calls and Chat tonight.

GBPUSD:

Finally triggered short at A, closed at B just over entry for end of session after it went nowhere:

Wow, that was flat trading. Market is waiting at least for the first look at GDP for Q1, which comes out Friday morning. See GBPUSD for our trigger for the day.

New calls and Chat this evening, but we will be half size ahead of the GDP.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long at A and stopped at B. No action at all. Hit the trigger again in the morning exactly but didn’t get through:

Slow session to start the week with one tight stop out in the GBPUSD. See below.

Here’s the US Dollar Index intraday with our market directional lines:

A 2-day Fed meeting begins Tuesday.

GBPUSD:

Triggered short at A, never went enough overnight to matter, and I tightened the stop to 10 pips in the morning and it stopped at B:

Loser and a winner (still going) on GBPUSD, see that section below.

Ranges were improved, let’s hope it continues.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered short at A and stopped. Triggered long at B, hit first target at C, currently holding second half with a stop under R1, which will be adjusted when we get the new Levels:

Another dead session but a winner for us in GBPUSD, see that section below.

New calls and Chat tonight to wrap the short week.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A early (half size) but gave you hours to enter (and get to full size) through B, hit first target at C, stopped slightly in the money on the second half after adjusting stop in the morning:

Took a while to play out, but we have a nice winner going from the session in the GBPUSD finally after a slow week. See that section below for the recap.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight, but CPI in the morning, so half size.

GBPUSD:

Triggered long at A, hit first target at B, stop under VAH and holding:

Another slow session. See GBPUSD below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A overnight and stopped. Put back in in morning and triggered short at B and stopped again:

One trigger, a winner, in the GBPUSD, and we still have the second half of the long trade. See that section below.

New calls and Chat tonight, but Trade Balance and NFP in the morning means half size for me.

Here’s the US Dollar Index intraday with our market directional tool:

GBPUSD:

Triggered long at A, hit first target at B, moved stop twice, currently under R2, and holding into the next session the second half of the trade:

Nice winner in the GBPUSD (see below) and the trade is still going, holding into the next session.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered short at A, hit first target at B, lowered stop twice and currently have a stop over S2:

Another very dull session, and so far, probably the dullest week of the year, even though it is a short one. Here’s the US Dollar Index intraday with our market directional lines:

See GBPUSD section below for our trade recaps. New calls and Chat tonight, no major news tomorrow.

GBPUSD:

Triggered long at A and stopped. If you put it back in late in the session, a piece of the trade (not the whole trade under our order staggering rules) triggered long at B and then the rest at C, and then closed at the end of this chart at D since the session was over and we didn’t get to first target:

Another slow session, two in a row. See GBPUSD below. We have Trade Balance in the morning, which is one of our Big Three each month, so half size ahead of it, and then we’ll see again if there are additional calls to make in the morning after the data for end of week.

Here’s the US Dollar Index intraday with market directional lines:

GBPUSD:

et the trigger nicely and then triggered at A, but stopped at B on news:

Boring session to start the week. See GBPUSD below. New calls and Chat tonight, but we are heading into a 2-day Fed meeting.

US Dollar Index intraday with market directional lines:

GBPUSD:

Triggered short at A and stopped. If you follow the order staggering rules, at least part of the trade triggered long at B and stopped. Triggered again in the morning at C and stopped:

A loser and a winner that is still in play. See GBPUSD below. New calls and Chat tonight, but half size for me with CPI in the morning. Also, we have options expiration on Friday.

Here’s a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long overnight at A and stopped. Put them back in in the morning, triggered long at B, hit first target at C, still holding second half with a stop under R1:

A winner to start the short week. See GBPUSD below.

New calls and Chat tonight. Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Told everyone to put full size in early as we usually do on the first day back from a long weekend. Triggered long at A, hit first target at B, lowered stop under entry in the morning and stopped at C:

Boring day again. See GBPUSD below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with market directional lines:

GBPUSD:

Triggered long at A and stopped. Nothing else worth calling as nothing ever happened:

Slow start to the week with narrow ranges. See GBPUSD below for trade call reviews.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered short early (half size if you were ready) at A and stopped. Triggered long at B and stopped at C:

Winner to close out the year in the GBPUSD, see that section below.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber counts (see GBPJPY); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES then look at the US Dollar Index and that’s about it.

Look for new entries into the Blog and Messenger in the next week to sum up December and 2011 (separately) and comment on our Forex trading in general for the year.

Happy a Safe and Happy New Year’s. Thanks for being the best subscribers in the world, and we look forward to a lot of new things in 2012.

GBPUSD:

Triggered long at A. Under our order staggering rules taught in our courses, you probably stopped out of one leg of the three at B, hit first target at C, closed final piece at D to end the year on a positive note:

Dead session for the European session, but a big move in the US session that started just before I got back to my desk to take advantage. See GBPUSD below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A and stopped. Triggered long at B and stopped. Triggered again short at C, which would have been valid again and worked for 200 pips, but it happened about 15 minutes before I was back at my desk in the morning, unfortunately:

Dead session for the European session, but a big move in the US session that started just before I got back to my desk to take advantage. See GBPUSD below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A and stopped. Triggered long at B and stopped. Triggered again short at C, which would have been valid again and worked for 200 pips, but it happened about 15 minutes before I was back at my desk in the morning, unfortunately:

Nice winner for 120 pips to the final exit in GBPUSD, see below. It’s rate that the R3 and S3 levels come into play, but they did here.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight as we rush toward Christmas.

GBPUSD:

Triggered long clean at A, hit first target at B, raised stop in the morning and stopped at C:

One early trigger and winner to start the week, see GBPUSD below. Also, see EURUSD discussion:

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered short early (half size) at A, gave you until B to enter, hit first target at C, stopped above entry at D:

Stopped out of a GBPUSD trade for half size ahead of CPI and triple expiration, then cancelled everything early as the market rarely moves on triple expiration.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we’ll take a look at the action from Thursday night/Friday, then look at the daily charts (with a new twist, read on) below, then glance at the US Dollar Index at the bottom.

Due to the popularity of the Seeker/Comber tools, I’ve decided to add a component to the Sunday Forex reports. Typically, I show the daily charts just with the Seeker tool and we point out key macro-setups on the daily patterns. Now, I’m going to give two daily charts for each pair, one with the Seeker and one with the Comber, so we can discuss from that perspective.

On to the last two weeks of the year, which aren’t usually super-exciting.

New calls and chat Sunday.

GBPUSD:

Triggered long at A and stopped:

Winner and a loser to wrap up the week, and we ended up net nothing for the session again on the USD stuff.

New calls and Chat Sunday evening.

Here’s the US Dollar Index intraday with our market directional lines:

As usual, on the Sunday report, we’ll look at the action from Thursday night/Friday, then look at the daily charts for the new week (nothing to see) and then glance at the US Dollar Index.

Next week is triple expiration, so Friday will probably be slow even for Forex.

GBPUSD:

Triggered short at A and stopped. Triggered long at B, hit first target at C, second half stopped at D. Both trades were valid again in the morning but neither triggered:

Couple of winners on the session in GBPUSD, and we’re still short and in the money. See below. New calls and Chat tonight, but Trade Balance in the morning is one of our Big Three each month, so half size.

Here’s the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long at A, might have stopped one leg but nothing more at B as it only went exactly 3 pips under the stop level. Hit first target at C and closed final piece under entry. Triggered short at D, hit first target a E, and still have the position short with a stop over the line at F:

Not a very exciting night. One winner and one loser, see below on GBPUSD.

Here’s the US Dollar Index intraday with market directional lines:

Unemployment and NFP in the morning, so half size, new calls and Chat tonight.

GBPUSD:

Triggered long early (half size) at A and stopped. Triggered short at B and stopped. Triggered long at C, hit first target at D, moved stop and stopped second half at E:

Amazingly flat session on most of the pairs, although the GBPUSD was rude enough to trigger both of our trades and then wind up back where it started. See GBPUSD section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight, but Japan on Holiday (not that the JPY moves anymore) and we’re heading into the busiest travel day of the year.

GBPUSD:

Triggered long at A and stopped. Triggered short at B and stopped:

Nice winner to start the week in the GBPUSD, see below.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered short clean at A, hit first target at B, lowered stop in the morning and stopped at C for about 80 pips:

Loser in the GBPUSD by a couple of pips, but it worked later. Looks like e-Signal had an issue with about an hour of data from MB as well, so there are gaps in the charts.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered short at A and stopped by just a couple of pips at B before working great. If you were awake, could have taken again, but that doesn’t fall into our official timeline for trading:

Another nice winner to officially close out the month of October. See GBPUSD below, which behaved perfectly technically. Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight, but half size for me ahead of the Fed announcement tomorrow.

GBPUSD:

Triggered short at A, gave you all the way to B to take it, hit first target at C, lowered stop in the morning and stopped final piece at D for 100 pips:

Another nice winner to start the week, see GBPUSD below. New calls and Chat this evening. Other than the move we caught, it was a fairly slow session with the snow issues back East.

Here is the US Dollar Index intraday with market directional lines:

GBPUSD:

Triggered short at A, hit first target at B, lowered stop and locked in about 80 pips to the final exit at C:

Another very dull overnight session, but a great move in the US session got us a clean winner for about 45 pips. See GBPUSD below. New calls and Chat tonight, but first look at GDP for Q3 in the morning is a quarterly number that we trade half size ahead of.

Here’s a look at the US Dollar Index intraday with market directional lines:

GBPUSD:

Under our order staggering, the GBPUSD went only 1 pip above the trigger level above A on the chart, which might have triggered 1 piece of your trade (or not); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES and stopped. Triggered short at B, hit first target at C, closed second half on a lowered stop at D:

Early trigger in the GBPUSD led to a winner, but no additional calls ahead of CPI. See GBPUSD section below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with market directional lines:

GBPUSD:

Triggered long early (half size or even less as we were half size for the night ahead of CPI) at A, hit first target at B, stopped at C:

A nothing night to end the week. See GBPUSD below for triggers.

As usual on the Sunday report, we will look at the trades from Thursday night/Friday, then look at the daily charts heading into the new week, and then look at the US Dollar Index (nothing to see) below.

Here’s the Index intraday with our market directional lines:

New calls and chat Sunday.

GBPUSD:

Triggered short early (half size) at A and stopped. Triggered long at B, went 40 pips which is just short of the 45-50 pip target, raised stop under UBreak and stopped tight at C:

Very nice winner. See GBPUSD below, and still holding.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight, but Trade Balance in the morning is one of our big three each month.

GBPUSD:

Triggered long at A, hit first target at B and much more, currently holding with a stop under the line:

Interesting session with lots of Seeker signals of use. I’m going to write up the US Dollar Index separately and post to the Blog tonight for discussion, but here it is with market direction lines and the Seeker:

Losers and a winner (still going) in the GBPUSD, see below.

New calls and Chat tonight. Rosh Hashanah holiday starts tomorrow, which can slow things down a bit.

GBPUSD:

Triggered short early at A (just barely, half size) and stopped. Triggered long at B and stopped. Put them both back in the morning and long triggered at C and stopped, but the better trade was the short as I said last night. That triggered at D, went EXACTLY to the VAL target at E (and bottomed out on a Seeker 9-bar setup) and still holding the second half:

Fairly dull session with a winner for us on the GBPUSD, see below. As usual on the Sunday report, we will look at the action on all pairs from Thursday night/Friday, then look at the daily charts heading into the new week (not much new to see); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES and then glance at the US Dollar Index.

Speaking of, here’s the US Dollar Index intraday with our market directional tool:

New calls and Chat Sunday evening.

GBPUSD:

Triggered long at A, gave you all the way to B to enter without stopping, hit first target at C, raised stop twice, note the bounce off VWAP at D, and closed for end of week at E:

Not a very interesting night, but a learning trade in the GBPUSD based on order staggering, see below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

GBPUSD:

Our system teaches an order staggering methodology where your entries and exits are spread out over several pips. Stops should be “20 pips plus spreads” based on the spreads for the pair that is being traded. In this case, the GBPUSD triggered short at A, went only “20 pips plus 1″ against at B, so might have stopped a leg of your trade if that was where you had the stop. Also could have re-entered for the European session as that potential stop occurred before midnight my time. Re-entry would have been C, or whatever pieces you still had on, hit first target at D, lowered stop over entry in the morning and stopped at E:

Loser and a winner in the GBPUSD, basically a wash in a narrow session. See GBPUSD section below.

New calls and Chat tonight. Here’s the US Dollar Index intraday with market directional lines:

GBPUSD:

Triggered short at A, stopped at B. Triggered short again in the morning at C, closed at D as it hadn’t stopped or hit first target by end of session:

Interesting close to the week and mostly flat until the US session. US Dollar Index broke out strongly in the end. Here’s the US Dollar Index intraday with market directional lines:

As usual on the Sunday report, we will review the action from Thursday night/Friday (loser and winner in GBPUSD); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES then look through the daily charts heading into the new week (nothing special); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES then look at the US Dollar Index daily chart, which broke a key level this week.

GBPUSD:

Triggered short at A and stopped. Came back in the morning just in time to re-enter at B, hit first target at C, closed final piece at D for about a 60 pips average winner after a 25 pip average loser:

A very flat session for the Dollar Index. Here’s a look with our market directional lines:

Winner in the GBPUSD, see below. New calls and Chat this evening, but we have Trade Balance in the morning, so I will be half size (along with rate announcements out of UK and ECB).

GBPUSD:

Triggered long at A, hit first target at B, moved stop under entry and stopped at C:

The excitement was on the CHF-based stuff, although probably not to the extent that you could get any on the spike. Meanwhile, we had a loser and a winner, see GBPUSD below.

New calls and Chat tonight.

Here was the US Dollar Index intraday with market directional lines:

GBPUSD:

Triggered short at A but gave you hours all the way to B to enter, then stopped. Triggered long perfectly at C then accelerated quickly to first target at D and stopped second half at E. The short triggered again and worked nice, but too early for me to get in:

Another small winner to end the week in the GBPUSD, which was good to us this week.

No calls or Levels Sunday for the Labor Day holiday here in the US. Back to work Monday night.

Here’s the US Dollar Index intraday with market directional lines:

As usual on the Sunday report, we’ll have a look at the action from Thursday night/Friday, then the daily charts heading into the new week (nothing special to see); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES and then discuss (briefly) the US Dollar Index.

The rest of the report is available for subscribers only.

New trade on the GBPUSD stopped, but the second half of the prior day’s short closed out for 125 pips or so. See below.

New calls tonight and Chat, but we have NFP data in the morning, which is one of our big three each month, so I’m less than half size for it. Might get a setup for end of week bank closeout heading into the long weekend in the morning, unless they already left.

Here’s the US Dollar Index intraday with market directional lines as we track them:

GBPUSD:

Came into the session still short half of a position from the prior day and moved the stop over the UBreak, which was the red line at A. New trade triggered short overnight at B and unfortunately stopped me out at C by a few pips before working. However, the other short was still in place and I lowered the stop twice in the morning, finally stopping out over S2 at D for 125 pip gain to the final:

An incredibly flat session, as we can clearly see in the intraday chart of the US Dollar Index with our market directional tools:

End up with our trades triggering a few times with not much reward until the last one, which I’m carrying over as I write this. See GBPUSD below.

New calls and Chat tonight. One more day after that until the long weekend and summer starts to set behind us.

GBPUSD:

Triggered long at A and stopped. Triggered short at B and stopped. I had put the long back in before I went to bed, this triggered again at C and eventually stopped. Put the short back in in the morning, triggered at D, hit first target at E and holding the other half with a stop over LBreak:

Another nice winner and a decent week so far as we try to wrap up the month, and leave Summer and the August doldrums behind us soon. See GBPUSD below for the trade summary that worked.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

GBPUSD:

First, we stopped out of the second half of the trade from the prior session slightly in the money under the Pivot at A. Then we triggered short at B, hit first target at C, lowered the stop twice in the morning and stopped out at D for about 80 pips of gain:

We ended up with narrow ranges from a combination of August doldrums, the storm keeping people home on the east coast, and a UK Holiday, but still pulled off a clean winner in the GBPUSD of all things. See below for the review, and we still have the trade.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

GBPUSD:

Triggered long at A, hit first target at B, moved stop under entry (UBreak red line) and holding, stop is under C, which it bounced off of. Will probably stop, but you never know:

Unusual trade last night that demonstrates how precise what we do actually is. Two pips made a difference. See GBPUSD below.

Here’s the US Dollar Index intraday with market directional:

New calls and Chat tonight.

GBPUSD:

We stagger entries for a reason. Two pieces of my trade triggered at A and stopped, then the rest went through at B. Note that we moved exactly to the first target to the pip at C, which closed me out of what I had without the other pieces. If you were awake, could have also taken the trigger at D and hit the first target at E:

Forex trading was actually fairly stable after the news of the weekend. There was a gap early, which messes up the Levels, but the GBPUSD for example ended up right about where it closed Friday. I kept trading light given the environment, and you can read the recap below.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

GBPUSD:

Very early short triggers at A and B both stopped. On the main session, triggered long at C and stopped. Triggered short at D, hit first target at E, closed final piece at F:

Winner and a loser to close out the week. See GBPUSD below. Our FX results for July will be posted to the Blog this weekend. It was a good month.

Here’s the US Dollar Index intraday with market directional lines:

As usual on the Sunday report, we’ll look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then discuss the US Dollar Index.

GBPUSD:

After a flat night, triggered long just barely at A and stopped at B. Re-entered and gave you two chances in the US session just before C to take it. Hit first target at D and closed final piece at E:

Two stopouts, the first time in a while we’ve seen that. Ranges were very narrow and contained all of the sudden. The Value Area on the GBPJPY, which I focused on in the Lab yesterday evening, worked perfect, so see that section below as well as the GBPUSD for the stop outs.

US Dollar Index intraday with market directional levels:

New calls tonight and Chat.

GBPUSD:

Triggered short at A (one leg might have triggered just before that on the first test of that level) and stopped at B. Triggered long at C, stopped at D. Triggered long again at E but closed flat at F as session ran out of time and we weren’t going anywhere:

A loser and a winner to start the week. New calls and Chat tonight. Ranges in the European session were dead, partially due to a bank Holiday in Japan, but they picked up in the US session.

Here’s the US Dollar Index intraday with market directional levels:

GBPUSD:

Triggered short at A and stopped at B. Put back in the orders for the US session, triggered short at C and hit first target at D, holding with a stop over S1 (entry):

Average session until after Bernanke gave his opening comments to Congress. See GBPUSD below for the trade review.

US Dollar Index intraday with market direction tools:

GBPUSD:

There was a really early trigger at A that stopped but I was on the road. Triggered long at B, hit first target at C, second half stopped at D. Triggered again in the morning at E, hit first target at F, holding with stop under G:

Closed out the week with two winners on the GPUSD, one for small size ahead of NFP data, but the second came after the data in the morning, so thus, full size. See GBPUSD below.

Here’s the US Dollar Index intraday with market directional tools for the session:

As usual with the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (nothing special); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES then look at the US Dollar Index.

May results will be posted to the Blog and Messenger over the weekend.

New calls and Chat Sunday with Levels.

GBPUSD:

Triggered short at A (early, so partial size); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES gave you a chance to take right at my midnight at the European session start, hit first target at B, closed second piece at C. Triggered long at D, hit first target at E, closed final piece to end the week:

The Dollar got weaker overnight, but it didn’t carry the GBPUSD far, so we had a stop out. Here’s the US Dollar Index intraday with our market directional tool:

New calls and chat tonight.

GBPUSD:

Triggered long at A and stopped. Re-entered in the morning and triggered again at B, eventually moved stop to the entry and stopped at C:

Here’s the US Dollar Index intraday with the market directional tools:

GBPUSD, one winner after two early trigger losers and once again ended up near where we started. See below. New calls and Chat tonight.

GBPUSD:

Triggered long early at A (partial size) and stopped. Same on the short side at B. Main trade triggered at C after setting the level, hit first target at D, closed final at E in the morning:

Pretty narrow activity but a winning trade for us in the GBPUSD. See below.

Here’s the US Dollar Index 5-minute chart for the session with our market directional tool:

GBPUSD:

Triggered short at A, hit first target at B for that 45-50 pip range, second half stopped:

A fairly flat session. Here’s the US Dollar Index with our market directional lines:

Very slow night on a lot of the pairs, such as the EURUSD (see below). However, our GBPUSD still managed to be a winner despite the range issues. See below. New calls tonight and Chat.

EURUSD:

Very flat action all night:

GBPUSD:

Triggered long at A, hit first target at B, raised stop in the morning and stopped at C in the money. Note the use of the VWAP:

US Dollar Index with our market direction tool:

We had the perfect trade setup in the GBPUSD (if you’ve taken the course, you should have been drooling) and it triggered during the European session, which is ideal for that pair, and worked perfectly. See below.

New calls tonight and chat.

GBPUSD:

Triggered long into the Value Area over A, hit first target at B, covered the Value Area, raised stop in the morning and stopped at C:

Here’s the US Dollar Index, which was nothing but green and up all day using our measurements:

Nice winner in the GBPUSD, still carrying some. New calls tonight and Chat.

GBPUSD:

Triggered short early at A, hit first target at B, gave you chance to take again at C or just after, hit first target at D, lowered stop in the morning and carrying rest over with a stop over E:

Doesn’t look like much, but in fact, it was a good session as our GBPUSD short continues to work from the prior day, plus the new trade triggered short and hit the first target, so we have two trades in the same direction carrying forward with their second halves.

Meanwhile, here’s the US Dollar Index intraday, with nothing but strength using our measuring tool from the European open:

New calls and Chat tonight. Trade Balance Thursday morning.

GBPUSD:

Bounced off the trigger but did not enter at A, triggered at B, hit first target at C, and stop on both trades from both days now over LBreak at D:

Here’s the US Dollar Index intraday…despite all of the movement, the net result was barely ending up above where it started:

Having said that, we ended up with two winners, with both trades on the GBPUSD triggering and hitting first target cleanly. One trade (the short) is still active. Also, note the AUDUSD Value Area below on the North American session.

New calls tonight and Chat.

GBPUSD:

Triggered long cleanly at A, hit first target at B, stopped at C (if you were awake overnight, stop should have been moved right under entry instead when it hit first target). Triggered short at D, hit first target at E, carrying second half with a stop over 1.6220:

AUDUSD:

Note the clean Value Area move from A to B on the North American session:

All you have to do is look at the chart of the US Dollar Index for the session to see that this was a messy day that went nowhere. We crossed the opening level and the midpoint several times and closed around there too:

Meanwhile, we did have a winner in the GBPUSD to close out February. See below. New calls and Chat tonight.

GBPUSD:

Triggered long early at A but gave you all the way until B to take the trade, never stopped, hit first target at C overnight, raised stop in the morning and stopped at D. Note the weird use of LBreak, which never cracked:

Another winner in the GBPUSD as we came close to that daily chart breakout called in the Sunday report (don’t miss!). See GBPUSD below. New calls and Chat tonight. Ranges were average, which is fine.

EURUSD:

GBPUSD:

Triggered long at A, gave you until B to enter, hit first target at C, raised stop and stopped at D:

Another winner to close out a great week. See GBPUSD below.

As usual on the Sunday report, we’ll look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (nothing special to note); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES and then this time, we’ll have a more in-depth discussion of the US Dollar Index.

EURUSD:

GBPUSD:

Triggered short at A, hit first target at B, stopped last piece at C:

Rest of report available to subscribers.

Winner to start the month in the GBPUSD. See below. New calls tonight and Chat as we head toward NFP on Friday.

EURUSD:

GBPUSD:

Triggered long early at A but gave you until B to enter. Hit first target at C, stopped last piece at D:

Another nice winner on the last day of the month as we now move to February. See the GBPUSD below. The trade from the prior day carried to a nice winner as well.

New calls tonight and chat.

EURUSD:

GBPUSD:

The final piece of the trade from the prior session ended up being a 160 pip winner when we exited everything at D. Meanwhile, the new call triggered early at A but gave you hours until B to enter, then hit the first target at C, and final exit after some adjusted stops in the morning was D also for about 95 pips:

Winner to start the week in the GBPUSD, although pieces of the staggered entry went once and stopped before the rest of the trade triggered if you follow our order entry guidelines. See GBPUSD below, which I’m carrying a piece of long still into the new session.

New calls tonight and Chat.

EURUSD:

USDJPY:

GBPUSD:

Our system teaches staggering orders over 3 or more prices to prevent sweeps, and this is one example of how that helped. At most, 2/3rds of your entry would have triggered at A, stopped at B. The rest triggered at C (or if you were awake, you re-enter anyway); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES hit first target at D, and I have a stop on the rest under the black line at E (1.5990):

Unexciting as expected, even after the Fed announcement, which is barely an announcement any more (no surprises). Light range on most of the pairs. We’ll see if there’s room for some trading tonight before the market gets fixed on Friday’s GDP data.

EURUSD:

Barely 80 pips of range:

GBPUSD:

Triggered short at A and stopped. Triggered long at B on a spike and stopped. Entered again in the morning at the trigger at C, closed at D as it had not reached first target or stop by end of day, even after the Fed:

Nice to finally get back to work with a good winner. See GBPUSD below. New calls tonight and Chat, but Fed announcement tomorrow.

MB Trading made a major announcement today that I will be discussing in a Blog later this week.

EURUSD:

GBPUSD:
Triggered short at A, hit first target at B, closed final piece in the morning at C for about 170 pips:

A winner and a loser on the extra replacement call. See EURUSD and GBPUSD. Ranges were a little less than the prior day (first day back from a 3-day weekend is usually great).

New calls and Chat tonight.

EURUSD:

Triggered long at A. This was an additional call since the GBPUSD call triggered early. Stopped at B:

USDJPY, nice Value Area move:

GBPUSD:

Triggered long at A, hit first target at B exactly, stopped last piece even at C:

Nice start to the week with two winners, one early and one later, on the GBPUSD. As we teach and I noted both Friday and last night, when you have a 3-day weekend, you want to get those orders in early as the banks come back and make up for lost time. See GBPUSD below.

EURUSD:

USDJPY:

GBPUSD:

Triggered long at A, hit first target at B, raised stop last night and in the morning and stopped at E. Additional call (for European session due to early trigger) triggered long at C, hit first target at D, also stopped final piece at E:

One winner to start the year in the GBPUSD, although it didn’t add up to much. See below. Ranges were decent so the Levels should be spaced fine going forward.

New calls tonight and Chat.

EURUSD:

GBPUSD:

Triggered short at A, hit first target at B, and closed the final piece at the entry at C in the morning. It’s possible that one piece of your staggered entry triggered short and stopped before the rest triggered:

Another winner, plus we closed out the shorts from the last two days for a few hundred pips net. New calls and Chat tonight, but triple expiration tomorrow doesn’t get me excited.

EURUSD:

GBPUSD:

Triggered long at A and gave you some time to take it. Hit first target at B overnight. Raised stop in the morning and stopped final half at D. Also, the shorts from the prior session stopped at C well in the money by a few hundred pips:

Everything was in the GBPUSD, so we’ll just post that review here.

Finally, a carry over trade that kept going. The GBPUSD trade from yesterday is still going, currently almost 300 pips in the money. In addition, a new winner on the GBPUSD for 200 pips. See GBPUSD below. New calls tonight and Chat as we head into triple expiration.

Triggered short at A, note that it did not stop at B if you followed the proper rules as the highest bid was exactly 20 pips above the LBreak and stop should be over that. Hit first target at C and beyond. Currently, this trade is 200 pips in the money with a stop over 1.5600, and we’re still short from the prior session almost 300 pips in the money, same stop on all of it now:

Two winners, although one triggered early. See GBPUSD below. New calls tonight and Chat.

Triggered short at A (early for half size); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES hit first target at B, lowered stop and stopped last half at C, just over entry. Triggered long at D, hit first target at E, raised stop and stopped at F:

EURUSD made a bigger move than the GBPUSD, but we still had a winner with nice use of the Levels and more. See GBPUSD below. Very technical use of the Levels in general.

New Levels will be out after 5 pm EST.

EURUSD with Levels, exceeded average daily range (dashed lines represent average daily range or ADR):

GBPUSD:

Very nice the way that it came up and hit the long trigger (which was over the Pivot) exactly at A without breaking through, then triggered short at B, never stopped quite at C (note the use of VWAP, but stop was over 1.5599); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES hit first target finally at D, and still holding with stop over LBreak:

USDCAD, classic Value Area move from one light blue line to the next: