Stavro D'Amore
Former FPA Special Consultant
- Messages
- 547
Hello
We witnessed flat result this week and I was extremely glad that my trade plans worked well with the UK CPI release, in summary a quite week, I will look to capitalize next week on future releases.
Here is a summary of the trades that took place for my signals 12-16 September 2011
Tuesday September 13, 2011 - 4:30am EDT – UK CPI
As per trade Plan strategy, I made 15 pips on this trade. This is how I did it.
We are looking from left to right. I bought in where the first arrow on the bottom appears (I entered at long 1.5779 ) as the movement/trend was heading up. This is where the cross over occurred. As per my trade plan I advised you to look for a pre news long position.
The next arrow stating “OUT HERE” is where the position was closed as this is where a level was forming. The last arrow “THIS WAS NEWS” is where and when the news was released. Total pips earned 15.
I would like to thank Digamer for his chart bellow, My chart was a bit to small
Wednesday September 14, 2011 - 8:30am EDT – US CORE Retail Sales
This trade did not deviate to the numbers I required and it was a no trade
Wednesday September 14,2011 – 5:00pm - NZ Rate Statement
No surprise here RBNZ left the rates unchanged so there was no trade
Thursday August 18, 2011 - 8:30am EDT - US Core CPI
No Trade. I did not take any pre or post news trading.
Thursday September 15,2011 – 4:30am – UK Retail Sales
No trade
Thursday September 15,2011 – 8:30am – US CORE CPI m/m
No Trade. However I did look for pre news trading entry as per my trade plan and I could not locate one before my required time frame.
Overall I settled with a small 15 pips profit, I’m happy that I stayed diligent and I did not loose any pips this week on any news trading strategies. We should see a very constructive week ahead for 19 to 23 September.
All the Best
Stavro D’Amore
We witnessed flat result this week and I was extremely glad that my trade plans worked well with the UK CPI release, in summary a quite week, I will look to capitalize next week on future releases.
Here is a summary of the trades that took place for my signals 12-16 September 2011
Tuesday September 13, 2011 - 4:30am EDT – UK CPI
As per trade Plan strategy, I made 15 pips on this trade. This is how I did it.
We are looking from left to right. I bought in where the first arrow on the bottom appears (I entered at long 1.5779 ) as the movement/trend was heading up. This is where the cross over occurred. As per my trade plan I advised you to look for a pre news long position.
The next arrow stating “OUT HERE” is where the position was closed as this is where a level was forming. The last arrow “THIS WAS NEWS” is where and when the news was released. Total pips earned 15.
I would like to thank Digamer for his chart bellow, My chart was a bit to small
Wednesday September 14, 2011 - 8:30am EDT – US CORE Retail Sales
This trade did not deviate to the numbers I required and it was a no trade
Wednesday September 14,2011 – 5:00pm - NZ Rate Statement
No surprise here RBNZ left the rates unchanged so there was no trade
Thursday August 18, 2011 - 8:30am EDT - US Core CPI
No Trade. I did not take any pre or post news trading.
Thursday September 15,2011 – 4:30am – UK Retail Sales
No trade
Thursday September 15,2011 – 8:30am – US CORE CPI m/m
No Trade. However I did look for pre news trading entry as per my trade plan and I could not locate one before my required time frame.
Overall I settled with a small 15 pips profit, I’m happy that I stayed diligent and I did not loose any pips this week on any news trading strategies. We should see a very constructive week ahead for 19 to 23 September.
All the Best
Stavro D’Amore