Smaller Winners with US GDP Data

News event: US GDP
Short GBP/USD @ 1.4133 for +1 & 1 pips
then, Long GBP/USD @ 1.4178 for 25 & 23 pips

It's the end of the month. The full results of Newstrader during the month will be updated over weekend. Gain for February.

Newstrader's Biggest Single Win

This morning we had the revised GDP figure for UK. Our Newstrader EA program entered two short positions post-news and subsequently provided the biggest single win up-to-date. The screenshot below records the trade action.

News event: Revised GDP
Short GBP/USD @ 1.4498 for +25 & 125 pips

100-pip Trade Setups and Charts

A few good surprises with the 100-pip EA trading last week. 7 trades and 6 winners, +452.4 pips. Two of them hit the maximum targets. Price actions were as follows:

1) 18 Feb (European session) - Short GBP/USD at 1.4236 for +40 & 100 pips. Market sentiment: Bullish US Dollar



2) 20 Feb (US session) - Long CHF/JPY at 79.50 for +40 & 100 pips. Market sentiment: Bearish Japanese Yen


My live daytrading signals had also produced good return last week. Major Signals +200 pips & Cross-yen Signals +155 pips. Note that both the manual and EA signals will be provided as part of the day trading service.

US Non-Farm Payrolls Day Setups (+134.7 pips)

Lately, the forex trading themes see-saw between being risk averse and having risk appetite. Having a mixed bag of day trading strategies will help to beat the market uncertainties and pull in the daily profits.

London Open Breakouts:

(European Session) Long EUR/USD at 1.27873. Final profits: +40 & 9.8 pips

(European Session) Long EUR/JPY at 116.234. Final Profits: +40 & 57.8 pips

Newstrading EA:

(UK GBP Manufacturing Production) No trade

(CA Employment Change) Long USD/CAD at 1.25212 for +0.3 & 0.3 pips

(US Non-farm Employment Change) Long GBP/USD at 1.46920 for +25 pips & 16.5 pips

100-pip EA

(European Session) Short GBP/USD at 1.46668 for -60 & -60 pips

Daily Manual Setups

(European Session) Short GBP/USD at 1.4733 for +90 pips

(European Session) Short AUD/USD at 0.6551 for -25 pips

Total pips: +134.7 pips

Today's Daily EA Setups (+113.6 pips)

London Open Breakouts:

(European Session) Long EUR/USD at 1.28572. Final profits: +40 & 0.9 pips

(European Session) Long EUR/JPY at 115.398. Final Profits: +40 & 11.7 pips

Newstrading EA:

(UK Interest Rate Announcement) Long GBP/USD at 1.4614 for +25 & 24 pips

(ECB Press Conference) Short EUR/USD at 1.2788 for +25 & 7 pips

(CA Building Permits) Short USD/CAD at 1.2273 for -30 pips & -30 pips

Total pips: +113.6

FAPTURBO Community Getting Bigger

FAPTURBO now has over 25,000 trades. Being one of the paid member myself, questions and concerns were raised regarding its profitability with such a large user base.

• FAPTURBO - A Much Improved FAP Version?!

Here are the latest updates:

It appeared that Interbank FX has problems pulling trough FAPTURBO trades and had already promised to add more facilities to increase the trade capability.

Custom FAPTURBO versions are being worked on to fit special brokerages needs... and lower spread dependence. In future, this will allow users to use the fapturbo success formula even outside the Metatrader 4 platform.

Below you will find the two latest PDF reports (real money trading only):

Report one, fapturboresults.pdf

Report two, 100K Live account: 100k.pdf

A Profitable Start to New Month: 7 Intraday Winners

First daytrading report for this brand new month (Feb' 09). Had some brilliant results today. Many trade ideas were generated by the 'market sentiment' system, particularly in the early session, and they all winners. You can now follow my daily results here.

European Session
No. of signal recommendations: 6
End-of-session results: EUR/USD (+40 pips), GBP/USD (+40 pips), AUD/USD (+30 pips), USD/CHF (+5 pips), EUR/JPY (+60 pips) & CHF/JPY (+15 pips)

US Session
No. of signal recommendations: 1
End-of-session results: AUD/JPY (+5 pips)

Today's results: +195 pips.
Accumulated pips (Majors): +2105 pips
Accumulated pips (Yen-crosses): +1055 pips

Fast Trading the FOMC Statement +30 pips

Fed plans to leave rates near zero for some time. Read statement released by the Fed after its Jan. 27-28 meeting on interest rate policy.

News Event: US FOMC Statement
Short GBP/USD @ 1.4250 for +25 & 5 pips

Newstrading Update: ECB Cut Rate by 50 Basis Points

Soon after the (Newstrader EA) program's exits, we saw the EUR/USD market did a major reversal of more than 150 pips. The program managed to make a lucky escape just in time. I was quite pleased with the fast scalp which in the end yielded a total of +58 pips.

News Event: ECB Press Conference
Long EUR/USD @ 1.3186 for +25 & 33 pips

Newstrading EA: Making the Most Out of UK Rate Cut

The Bank of England has cut interest rates to 1.5%, the lowest level in its 315-year history.

I managed to established two long positions with the newstrader EA, and the newstrading program gave me the largest profit of this month so far (+89 pips).

Below is the price action following the interest rate announcement.

Long GBP/USD @ 1.5110 for +25 & 64 pips