Bedtime Trader 19Aug14 – 5 Trades Identified

Bedtime Trader identified trades at 23:00:

  • Valid Trades: 2
  • Possible Trade: 3

AUD/CHF  AUD/DKK  AUD/JPY  AUD/ZAR  EUR/AUD

Lots of AUD correlating parings last night. They did not validate for me as they were against trend. In fact the ZAR was so far against trend I traded ‘off piste’ on the AUD/ZAR so I am looking to bank some good PIPs today.

You will find the Bedtime Trader Results on the Bedtime Trader Profit & Loss Results page.

Cheers, Rich

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , ,

Bedtime Trader 18Aug – No Trades Identified

Bedtime Trader identified trades at 23:00:

  • Valid Trades: 0
  • Possible Trade: 0

There were no trades identified by the Bedtime Trader Indicator last night.

You will find the Bedtime Trader Results on the Bedtime Trader Profit & Loss Results page.

Cheers, Rich

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , ,

Kevin Greenhall Bedtime Trader Results WE 9Aug14

The below is an extract of the Bedtime Trader Results e-mail recieved from Kevin Greenhall

Dear Rich,

Hi there. I hope you had a nice weekend and managed to stay dry.

Let’s catch-up with how Bedtime Trader performed last week…

We had a good start to the week with three good results achieving 753 pips by the close on Wednesday evening.

So, having achieved this result by mid-week, being faced with 24 trades all on Thursday evening, the possibility of risking all of that gain was, in my opinion, far too risky.

With that many trades on one night, it would be better not to consider any and to turn the computer off and have an early night.

With so many possibilities it would not be practical to take them all and it would also be difficult to determine which might perform against those that might not.

As it states in FAQs, when there are numerous trades highlighted, you shouldn’t risk any more than 10-15% of your bank in any one evening.

In this particular instance the risk would have been far greater. Consequently I have not reported on these trades.

The week therefore resulted in the following:

6 Trades identified by the Signal.
3 Winning trades.
1 loan to the market
2 Trades not taken or activated.
Net result for the week +753 pips.

Training note

The training note this week covers the topic of pairings due to be deleted and new pairings that are to be included shortly. You may have received the following email from GKFX.

Following on from the email we sent in February about some exciting changes being made to the products that GKFX offer this year, we are writing to notify you that from 24th August 2014 we will be reducing the number of currency pairs that we offer on our Spread Betting platform to clients.

Besides removing certain pairs completely from our platform we will also be introducing some new ones in the coming weeks including EURCNH, EURRUB, NZDCHF, USDCNH and USDRUB.

We are removing currency pairs that have seen little or no volume and also some minor crosses to enable us to add more markets to the trading platform and improve operational speed.

Any positions that have been left open in any of the following currency pairs that we will be removing from our platform on the weekend of 23rd/24th August 2014 will be closed at mid-market, without you having to pay a closing spread.

AUDDKK CADHKD CHFNZD EURZAR GBPSAR NOKDKK SGDTRY

In line with the above I have asked our programmer to make the necessary changes and to incorporate them all in a new link which when sent to you will need to be actioned. This may well change the content of the Profiles but will eliminate the need for Profile 10.

Those of you who received an additional email from GKFX saying that 56 pairings were being deleted, like John, should ignore this as it only applies to CFD accounts and we are operating on spread betting accounts.

Sent: 07 August 2014 13:20
Subject: RE: GKFX email ref loss of currency pairs
BTT has been a god send and transformed my trading. Thank you for the clarification (I will be sooooo happy if they are not going to remove one of my favourite trading pairs, e.g. the ZARJYPSB pair, as 50% of the increase in my trading bank has been down to this pair, and that’s trading at only 10p per pip!!). Keep up the good work, and thank you again. Best regards John R.

And thank you John for your feedback which is very much appreciated.

Now let’s move on to the full details of last week’s trades…

Last Week’s Opportunities for W/E 9th August 2014:

Note: Exit time assumes 11pm on the day following the DoJi unless otherwise specified.

Kevin Greenhall Results WE 9Aug14 1Kevin Greenhall Results WE 9Aug14 2Commentary

Majors

No Majors were traded this week.

Others

03/08/14 – 04/08/14 – AUD/THB – NGDS OTO

Possible Gravestone DoJi off resistance at 23 DMA. Order to Open at price not activated.

05/08/14 – 06/08/14 – AUD/CHF – NGDS OTO
Possible Gravestone DoJi off resistance at 13 DMA. Possible support on 23 DMA. Order to Open below 23 DMA not activated.

Possible trades but with large stops. Consider smaller stakes.

03/08/14 – 04/08/14 – AUD/NOK – NGDS
Possible Gravestone DoJi off resistance high 03/07/2014.

03/08/14 – 04/08/14 – CHF/ZAR – NGDS
Possible Gravestone DoJi off resistance at 23 DMA.

04/08/14 – 05/08/14 – GBP/PLN – DDL
Valid Dragonfly DoJi off support at 13 DMA.

05/08/14 – 6/08/14 CHF/NOK – NDDL OTO
Possible Dragonfly DoJi off support at DMAs. Order to Open below 13 DMA.

Kevin Greenhall signature

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BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button. The above is an extract from Kevins weekly update e-mail.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , , , , , ,

Bedtime Trader 13Aug14 – 4 Trades Identified

Bedtime Trader identified trades at 23:00:

  • Valid Trades: 1
  • Possible Trade: 3

AUD/NZD  CAD/MXN  HKG/MXN  USD/MXN

You will find the Bedtime Trader Results on the Bedtime Trader Profit & Loss Results page.

Cheers, Rich

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , ,

Bedtime Trader 14Aug14 – 9 Trades Identified

Bedtime Trader identified trades at 23:00:

  • Valid Trades: 1
  • Possible Trade: 8

GBP/USD  EUR/GBP  AUD/TRY  GBP/DKK GBP/EUR  GBP/HKD  GBP/NOK  GBP/SAR  USD/NOK

You will find the Bedtime Trader Results on the Bedtime Trader Profit & Loss Results page.

Cheers, Rich

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , ,

Bedtime Trader 12Aug14 – 8 Trades Identified

Bedtime Trader identified trades at 23:00:

  • Valid Trades: 1
  • Possible Trade: 7

USD/CHF  CAD/NOK  CHF/NOK  CHF/SEK  CHF/SGD  EUR/HUF  EUR/THB  USD/HUF

You will find the Bedtime Trader Results on the Bedtime Trader Profit & Loss Results page.

Cheers, Rich

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , ,

Bedtime Trader 11Aug14 – 1 Trade Identified

Bedtime Trader identified trades at 23:00:

  • Valid Trades: 1
  • Possible Trade: 0

CAD/SEK

You will find the Bedtime Trader Results on the Bedtime Trader Profit & Loss Results page.

Cheers, Rich

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , ,

Bedtime Trader 7Aug14 – No Trades Identified

Bedtime Trader identified trades at 23:00:

  • Valid Trades: 0
  • Possible Trade: 0

There were no tardes identified  last night.

You will find the Bedtime Trader Results on the Bedtime Trader Profit & Loss Results page.

Cheers, Rich

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , ,

Kevin Greenhall Bedtime Trader Results WE 2Aug14

The below is an extract of the Bedtime Trader Results e-mail recieved from Kevin Greenhall

Dear Rich,

So last week was the final week of the month. And it turned out to be a very quiet one, with few trades overall. Well, it is summertime, I guess. So it’s not entirely unexpected.

Again as a result of being out of the country (as mentioned in last week’s update) I haven’t logged any trades that might have been highlighted on Tuesday evening.

The week therefore resulted in the following:

5 Trades (recorded) identified by the Signal.
2 Winning trades.
3 Trades not taken or activated.

Net result for the week +452 pips.

A very satisfying result from just 2 trades taken and not adding the extra pips on offer from a longer running trade. See training note below…

Training note

This week’s training note serves as an example of a trade that was continued from the Gravestone DoJi 21/07/2014 to a logical point of support shown by the 200-DMA (blue line) by moving the stop loss down on a daily basis.

As you can see, it’s at this important support level that this pairing gave a bounce the last time it was testing the- 200 DMA back in June.

When these situations arise, we need to make a decision about whether to take the current profit of 192 pips or whether to move the stop nearer and let the trade run.

The red dotted line shows the position of the stop loss which was locking in a gain of 160 pips.

So the decision is whether to leave the trade running for the potential bigger move but be content with the 160 pips if the trade does bounce from the 200 DMA and get stopped out at the red dotted line. Or whether to take the 192 pips by closing the trade and not be disappointed if the trade does continue lower.

Kevin Greenhall Results WE 2Aug14 1Now let’s move on to the full details of last week’s trades…

Last Week’s Opportunities for W/E 2nd August 2014:

Note: Exit time assumes 11pm on the day following the DoJi unless otherwise specified.
Kevin Greenhall Results WE 2Aug14 2Commentary

Majors

31/07/14 – 01/08/14 – USD/JPY – NGDS
Possible Gravestone DoJi off resistance high 02/05/2014. Exit 18:00 hrs 01/08/2014 (Friday and risk of month end reversal).

Others

27/07/14 – 28/07/14 – NOK/SEK – NDDL
Possible Dragonfly DoJi off support at 13 DMA. Large body but green. Huge Gap Down on Open so not taken.

Possible trades but with large stops. Consider smaller stakes.

27/07/14 – 28/07/14 – CAD/SEK – NDDL
Possible Dragonfly DoJi. Support on DMAs. Huge Gap Down on Open so not taken.

30/07/14 – 31/07/14 – USD/NOK – NGDS OTO
Possible Gravestone DoJi off resistance high 03/07/2014. Order to Open at price not activated.

31/07/14 – 01/08/14 – HKD/JPY – NGDS
Possible Gravestone DoJi off resistance 02/05/2014. Exit 18:00 hrs 01/08/2014 (Friday and risk of month end reversal).

Kevin Greenhall signature

—————————————

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button. The above is an extract from Kevins weekly update e-mail.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , , , , , ,

Bedtime Trader 6Aug14 – 24 Trades Identified

Bedtime Trader identified trades at 23:00:

  • Valid Trades: 8
  • Possible Trade: 16

EUR/USD  NZD/USD  AUD/JPY  AUD/ZAR  CAD/JPY  EUR/CZK  EUR/HKD  EUR/HUF  EUR/SAR  EUR/THB  GBP/PLN  GBP/SEK  GBP/TRY  HKD/SGD  MXN/JPY  NZD/HKD  USD/CZK  USD/DKK  USD/HUF  USD/PLN  USD/SEK  USD/SGD  USD/TRY  ZAR/JPY

A total of 24 trades were identified last night. My fellow BTT traders and I had a good look through them last night as discussed in the BTT Chat Room. We also reminded ourselves of Kevins wanring that if there are more than a dozen or so trades indicated this should be treated as suspicious. Kevin goes on to say that in such an event, often he does not trade at all and waits for another night. Most of us concluded to do just that and I think that is a wise decision, lets see if we were correct tonight. More PIP hunting tonight.

You will find the Bedtime Trader Results on the Bedtime Trader Profit & Loss Results page.

Cheers, Rich

BedtimeTrader.org is a test and discussion site only. Bedtime Trader is distributed by Agora Lifestyles. To visit the official Bedtime Trader website please click the Agora Lifestyles link or button.
Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Disclaimer: This is a Bedtime Trader test and discussion site only. The website content is neither financial nor trading advice. Do not place trades based on any trading discussions or decisions detailed anywhere on this site, including the Bedtime Trader Chat Room and Bedtime Trader Forum. I am new to Forex myself and accept no responsibility for any trades you may make or losses you may incur.  Like myself you trade at your own risk.

Author: Rich E

Bedtime Trader , , , ,