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

Posted in 1minutedaily | No Comments »

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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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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15/05/2010 by admin.

Interesting day yesterday with the USD/JPY - the trade from the 13th came within 4 pips of its target before reversing to hit the stop. This begs the question what would you do if it was your own money and not a demo account. The EA has a trailing stop facility which you can set to kick in once the price has gone x amount of pips in your favour so with the average range of the USD/JPY being 40-50 pips you could set it to kick in at 25 pips or so in profit.

Anyway i’m putting the trade down as a loss of 60 pips for the sake of accuracy - yesterdays trade was a winner for 80 pips.

Aldo happy report that the EA kicked in perfectly for the GBP/USD trade so fingers crossed its sorted for both of the pairs now - just looking forward to the fully automated version promised in a couple weeks.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +22

Total +422

USD/JPY

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

Total +507

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13/05/2010 by admin.

Correction to yesterdays trade - the reverse trade for the GBP/USD was triggered after the original buy trade hit the stop loss. This has now hit the profit target.

Todays sell trade of the GBP/USD has also just hit the profit target for a gain of around 100 pips. Glad to report that the EA for the USD/JPY is working perfectly - unfortunately cant say the same with the GBP/USD so obviously i must be doing something wrong with the settings.

900 pips up with this system in 6 weeks plus the full EA release within the next 2 weeks is making me feel quite good about 1minutedaily.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +22

Total +422

USD/JPY

April +307 pips (please see previous posts for details)
May +180

Total +487

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12/05/2010 by admin.

Another loss today for the 1minutedaily on the gbp/usd. i did get an email from someone who advised that he only trades a consolidation if the range is less than 100 pips which would have kept us out of yesterdays and todays trades so something to bear in mind & something which i’m planning to implement when the full EA is released for this system in the next weeks. Loss of 140 pips.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May
3rd +100
4th +80
5th +60
6th +70
Total +182

USD/JPY

April +307 pips (please see previous posts for details)
May
3rd +30
4th +45
5th +45
6th +60

Total +487

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11/05/2010 by admin.

Due to the big movements over the last few working days the range has been too big for any trades on the usd/jpy. There was a loser on yesterdays trade with the gbp/usd which actually went 125 pips into credit - now the average range on the gbp/usd is 100 pips so my opinion would that you should at least move the stop to break even if you’re trading at that level.

To be honest theres probably an argument for not taking any trades when the range is beyond 100 pips anyway if the average range is that. There was a double loser today with the buy trade triggered followed by a reverse to get the sell trade in then another reverse to take that out. Total loss of 390 pips

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May
3rd +100
4th +80
5th +60
6th +70
Total +322

USD/JPY

April +307 pips (please see previous posts for details)
May
3rd +30
4th +45
5th +45
6th +60

Total +487

Posted in 1minutedaily | No Comments »

06/05/2010 by admin.

The USD/JPY trade came in to continue the fantastic run 1minutedaily is having to gain 60 pips - and yep should have left the GBP/USD trade alone because it took out the stop loss and then went onto to reach the original profit target with ease. Still cant argue with another 70 pips.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May
3rd +100
4th +80
5th +60
6th +70
Total +712

USD/JPY

April +307 pips (please see previous posts for details)
May
3rd +30
4th +45
5th +45
6th +60

Total +487

Posted in 1minutedaily | No Comments »

06/05/2010 by admin.

The ongoing sell trade on the GBP/USD completed for another 60 pip gain. Currently in GBP/USD trade for today - moved the stop loss to guarantee 70 pips profit but should really just leave it alone rather than trying to be ‘clever’ and ‘manage’ the trade. Also currently in a USD/JPY trade.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May
3rd +100
4th +80
5th +60
Total +642

USD/JPY

April +307 pips (please see previous posts for details)
May
3rd +30
4th +45
5th +45

Total +427

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