22/05/2010 by admin.

After a quiet week last week we made 240 pips with Black Dog this week & that was without trading today. The MACD’s were again upside down for us and with mostly major news items between 11.30 & 2 i gave up at dinner time. Great week though.

You can get more details here Black Dog Trading System

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20/05/2010 by admin.

Another brilliant day with Black Dog Forex just following the main rules to the letter. could have even better but avoiding the major news cost us a couple of winning trades. some good trending on most of the pairs which led to 6 winning trades out of 6 - another 120 pips gained.

You can get more details here Black Dog Trading System

gbp/usd 11.00 +20pips

aud/usd 10.45 +20pips 17.00 +20pips

usd/cad 08.00 +20pips

usd/jpy 08.45 +20 pips 11.30 +20pips

Running total +1848 pips

Forex Trading System, Forex Trading Review

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20/05/2010 by admin.

Not long after yesterdays sell trade closed out for a winner the USD/JPY looked like it fell off a cliff to give us another winner for a 98 pip gain. 100 pips is at the outer edge of the maximum range i’d trade with the USD/JPY and i’d say 125 is the maximum for the GBP/USD.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +122

Total +522

USD/JPY

April +307 pips (please see previous posts for details)
May +366

Total +575

The last 3 days trades with 1minutedaily on the USD/JPY

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20/05/2010 by admin.

Quick update on the last few days with 1minutedaily. Monday was a no trade day on the GBP/USD due to the size of the range and Tuesday was a breakeven day. Still in trades for yesterday and today.

The USD/JPY had a loser for Monday @ 75 pip loss, Tuesday was a 57 pip winner and yesterdays trade has just reached the profit target for about 85 pips. So about 68 pips gain overall.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +122

Total +522

USD/JPY

April +307 pips (please see previous posts for details)
May +268

Total +575

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20/05/2010 by admin.

Received an email yesterday from the guys behind 1minutedaily to confirm that the EA which makes the system fully auotmated has been made available. This is great news as if it successfully replicates the manual trading, as its supposed to do, it should give us a passive income on auto pilot once we’ve got the settings sorted. It comes with full instructions as to what the optimum settings are and it looks like there are only 1 or 2 adjustments required.

As well as the addition of the ‘double breakout’ option which is a crucial part of the strategy there is a commentary box in the top which confirms the range you’ve got set up on the chart so makes it easy to check you’ve got it right plus it also confirms the high & low of the range so you can quickly set up your trades. It also advises you of the status of the currency pair ie ‘range complete, waiting for breakout’ or for the USD/JPY at the moment it says ‘inside the range - range started 0.00 (11pm chart time) range ends 12pm (11am chart time)’. Very impressed so far.

For more info please click here

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19/05/2010 by admin.

A tough day today because there wasnt a sign of a trade all morning - the MACD’s were nearly all upside down and it can be hard to keep going back to the screen every 15 mins. It was perservering with though because we got 2 trades, both winners for another 40 pips.

NZD/USD 14.15 +20 pips

EUR/USD 15.45 +20 pips

Running total +1848 pips

You can get more details here Black Dog Trading System

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18/05/2010 by admin.

Great day with Black Dog Forex today - 5 trades all winners - total of 100 pips gain. details below

You can get more details here Black Dog Trading System

eur/jpy 11am 20 pips

usd/chf 8.45am 20 pips
10.30am 20 pips

nzd/usd 11.30am 20 pips
14.00 20 pips

Running total +1808 pips

Black Dog Forex Trading Review

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17/05/2010 by admin.

Didnt trade on Friday so this was the 4th losing day on the run for me with Black Dog - only 20 pips so not too much damage. Just the one trade for me today - the MACD was upside down pretty much all day but the one trade on the usd/jpy at 3pm produced a 20 pip loser. Looking forward to getting back to winning ways tomorrow - i know its only a matter of time with this system.

You can get more details here Black Dog Trading System

Running total +1708 pips

Black Dog Forex Trading Review

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17/05/2010 by admin.

Another good for the 1minutedaily system - a winner produced on the gbp/usd for around 100 pips.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +122

Total +522

USD/JPY

April +307 pips (please see previous posts for details)
May +200

Total +507

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17/05/2010 by admin.

Just wanted to clarify a few things re the scheme i mentioned last night - seems i raised more questions than i answered.  Main question is why would someone or a group of people want to do this - someone suggested to me that it may be a tax avoidance ploy in that they’re going to take a percentage of profits from all these accounts they have funded in the first place which may be classed as ‘gifts’ & non-taxable. The site, though, in the FAQ’s seems to suggest that large players in the market suffer from brokers ’stop loss hunting’ and a lot of smaller accounts would avoid this. I dont know enough about either of those scenarios to offer an opinion but i’m sure some of you guys do.

I also just wanted to confirm the order of what actually happens regarding setting the accounts etc up;

First thing to do is get the account set up with forex4free - will probably come up in German but there is a link on the home page which takes you to a ‘link’ page for the English version.

You then need a Liberty Reserve account which is where the funds will (hopefully) eventually be paid.

After about 3 days your account balance with free4forex should show the $500 deposited & you then need to deposit that into your liberty reserve account. This is done from a link on the home page.  From then on the balance should begin to grow & as well the growth from trading you get $25 added to it for every person who joins via your referral link. This helps you get to $1500 quicker which is the point at which you transfer the money to a brokerage account.

This is then traded up to $7500 at which point anything over & above that amount is paid to you as profit with 25% taken by the original benefactor.

As i say this is my understanding of it taken form the information on the forum here so & its definitely worth registering on there.  It may well not amount to anything but my attitude is that all i’m giving up is my email address and a few minutes registering on the sites.

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