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Today's Signal
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1
6
Daily Forex Signal
Wed, Jul 1 2009, 01:11 GMT
by Jordan Lindsey
Forex Trading System, Signals and Trading
Forex Course teaches how to trade Forex by learning how to see when the charts are generating buy or sell signals from the Forex trading system.We have a buy ZLC on the USD/CAD 4 hour time frame.
Regarding the FIFO ruling and it's application by various brokers:
1. There is no consensus on the rule and how it is going to be applied. Some brokers are stating that MT4 will not be used (until MT5 is released) b/c it won't be compliant, and others are saying that they have it compliant so don't worry.
2. There is no consensus on whether it is just meant for hedges or for all positions (such as would be used in a grid strategy). Some brokers say it is for all and others just for hedges.
Published on Wed, Jul 1 2009, 01:11 GMT
2
0
Daily Forex Signal
Thu, Jun 25 2009, 14:44 GMT
by Jordan Lindsey
Approaching Setup
All eyes on the USD/CAD H4 as it is either going to fall back into a Drop In or cross the zero line to the upside for a ZLC.
[14:00:35] giovi: what we do with H4 USD/CAD ?
[14:01:28] jordan: right now we have sell Drop In criteria. we are also very close to a buy ZLC but price is now dropping
[14:01:45] giovi: ok thanks
[14:01:50] jordan: looks like 16:00 GMT will be the point we enter a short Drop In or if not looks like 20:00 GMT could be the buy ZLC
Possible Short Drop In
Possible Long ZLC
Published on Thu, Jun 25 2009, 14:44 GMT
8
0
Daily Forex Signal
Sat, Jun 20 2009, 17:28 GMT
by Jordan Lindsey
Hello all,
Last week was a trying week with the market stuck in a tight range. This is to be expected after the markets have been over extended overbought/sold towards the trend for the last few weeks and trending for the last couple of months. Very pleased with setting the trades to break even at 1/2 protecting the account balance in these range bound markets.
Happy to end the week being what it was with an ever so slight gain of 0.18% on the Conquer H4 and for AUD/JPY and AUD/USD taking profit on Friday.
Greg completed the spreadsheet for the Conquer which you can download from the right under Spreadsheets. Check it out, it can be really useful for those not using Oanda as their broker. Good stuff.
4 Hour:
8 Hour:
Published on Sat, Jun 20 2009, 17:28 GMT
6
0
Thursday Outlook: The Majors
Thu, Jun 18 2009, 19:42 GMT
by Jordan Lindsey
Published on Thu, Jun 18 2009, 19:42 GMT
8
1
Daily Forex Signal
Tue, Jun 16 2009, 16:19 GMT
by Jordan Lindsey
Hello all,
All of the Drop In trades yesterday on the 4 hour (EUR/USD, EUR/JPY, USD/CAD, USD/CHF, GBP/JPY & AUD/USD) have their stops losses moved to break even (entry) as they have moved 1/2 ATR in profit giving us free no risk trades now.
EUR/JPY & USD/CAD both stopped out at break even (entry price) and we are looking for re-entry. Check the update as the day progresses to keep up with the day's activity.
I am happy to have gotten all of those trades to b/e, yesterday I thought they would all be stopping out as noted in yesterday's FXStreet update- Mon, Jun 15 2009
4 Hour:
Drop In re-entry:
EUR/JPY buy
USD/CAD sell
GBP/JPY Buy Setup
Published on Tue, Jun 16 2009, 16:19 GMT
4
0
Daily Forex Signal
Mon, Jun 15 2009, 22:51 GMT
by Jordan Lindsey
Hello all,
More profit taking on our open orders expected this week. We also have a few new trades coming as the pullback has begun. Too soon to know if it is too soon to enter or now, we can only follow what works - our trading plan.
4 Hour:
Current Drop In Criteria:
EUR/USD buy
EUR/JPY buy
USD/CAD sell
USD/CHF sell
Watching:
USD/JPY short ZLC
AUD/USD buy Drop In
Coming off a month of strong profits as we were able to catch a good portion of all trending pairs it is important to remember not all trades are going to be winners. What is important to understand that our risk/reward on each trade ranges from at least 2:1 to 9:1 so we know that after taking several losses it will only take us a few profitable trades to recover from any draw down. Also we simply do not know what is going to happen at any time and these new entries may just continue to extend our gains on our current positions.
Published on Mon, Jun 15 2009, 22:51 GMT
9
0
Daily Forex Signal
Wed, Jun 10 2009, 19:11 GMT
by Jordan Lindsey
Hello all,
Much quieter today after having the setups we had been waiting for to get some additional positions into the current movements came to be. All those trades have either profited or the stop losses are set to break even.
4 Hour:
12:00 GMT:
USD/JPY buy ZLC
Watching:
EUR/USD for a buy Drop In
Just some fun with the charts today as the only new trade is on the USD/JPY today, let's take a look
Published on Wed, Jun 10 2009, 19:11 GMT
4
0
Daily Forex Signal
Tue, Jun 9 2009, 14:52 GMT
by Jordan Lindsey
Hello all,
We had the 1st order on the GBP/USD, USD/CAD and USD/CHF all reach profit and the USD/JPY (ZLC) stop out.
The stop losses on the EUR/USD & AUD/USD are also moved to break even (entry) now.
Also the stop losses on the prior open positions (Drop In trades)on the USD/CAD & USD/CHF stop losses have also been moved to the new stop loss level locking in further profits. See the open positions table below.
Great trading everyone.
4 Hour:
16:00 GMT:
USD/JPY possible short ZLC or buy re-entry (chart setup to follow on next update)
Published on Tue, Jun 9 2009, 14:52 GMT
0
0
Daily Forex Signal
Mon, Jun 8 2009, 14:15 GMT
by Jordan Lindsey
Hello all,
On the H4 all 5 entries stopped out for 1.67% loss. This is the time to be tough and roll with the punches and keep going. We have re-entries approaching on all 5 pairs on the 4 hour. ATR's all current below for the new trades.
4 Hour:
12:00 GMT: Drop In re-entries
GBP/USD buy re-entry Drop In criteria (atr = 204 )
USD/CAD sell re-entry Drop In criteria (atr = 159)
USD/CHF sell re-entry Drop In criteria (atr = 117)
EUR/USD buy re-entry Drop In criteria (atr = 161)
AUD/USD buy re-entry Drop In criteria (atr = 143)
Looking at the GBP/USD we see we are buying into a falling market, is that a problem?
Let's take a look at the chart and at how the Conquer trading system works to exploit trends. The trend (true trend) is up (positive) and price (stoch) has pulled back to oversold areas (below the 30 level) giving us a price pullback in a up trend. Our entry is the 1st sign price is resuming back toward the trend (making a higher high than the previous price bar.
We are buying price pullbacks into up trends.
Published on Mon, Jun 8 2009, 14:15 GMT
9
0
Daily Forex Signal
Fri, Jun 5 2009, 15:03 GMT
by Jordan Lindsey
Hello all,
As expected we are having pullbacks on almost all our pairs and are getting ready for new entries. See below for the pairs we are watching.
- "MUCH movement on all pairs today which will be setting up many pairs with new Drop In entries in the coming hours. This is the time to be alert. If you have not yet signed up for the email/sms alerts this is a good time to go ahead and do so now."
Anyone who needs to switch to Interbank FX Demo data click here.
4 Hour:
USD/JPY sell Drop In criteria (orders still have not triggered)
16:00 GMT: GBP/USD buy Drop In criteria
Watching:
USD/CAD sell Drop In criteria
USD/JPY buy ZLC
Conquer: - last update 14:42 GMT 6.5.2009
Published on Fri, Jun 5 2009, 15:03 GMT
10
0
Daily Forex Signal
Mon, Jun 1 2009, 19:54 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
The EUR/JPY trade which we took on Mon, May 18 2009 and have been following the last week here on FXStreet reached it's target price of +642 pipsWe have a new entry today on the 8 hour time frame on the USD/JPY
Published on Mon, Jun 1 2009, 19:54 GMT
9
3
Daily Forex Signal
Fri, May 29 2009, 17:15 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
The amount of trades vary form week to week. We are trading 8 currency pairs and usually when setup begin to trigger they trigger in groups. This week with all pairs being extremely overbought/sold for the last 10 days we only had 3 trades.
10 days ago we were busy with trades (which have taken profit and pieces of those trades ares still open and running with stops at break even (entry points) or locking in further profit). These trades have produced (with open trades) a 7.5% return in those 10 days - which is excellent. Yearly we are looking for mid double digit gains with very very low draw down.
Anyway, that's a bit of what's going on. Have a good weekend everyone.
Published on Fri, May 29 2009, 17:15 GMT
10
5
Daily Forex Signal
Tue, May 26 2009, 19:28 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
With all currencies continuing their strong moves into overbought/sold territory we are holding all of our positions as they continue to ride the current moves momentum and we will wait to add to our positions once a pullback occurs on each pair.Right now the best trade is no trade but to manage our existing positions. Soon enough the pairs will reset and the setups will be rolling in.
4 Hour:
8 Hour:
Setups
Published on Tue, May 26 2009, 19:28 GMT
11
1
Daily Forex Signal
Fri, May 22 2009, 16:14 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
4 Hour:
8 Hour:
EUR/JPY 1st order took profit.
Setups
Published on Fri, May 22 2009, 16:14 GMT
6
0
Daily Forex Signal
Tue, May 19 2009, 19:47 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
Quite day after the busy start to the week.[18:57:39] jordan: update now current - all positions looking GREAT
4 Hour:
Eur/Usd & Usd/Chf took profit
8 Hour:
Gbp/Jpy took profit
Setups
No new trades today so we will take a look at how the EUR/JPY trade we have been following has developed.
JCL's Forex
Published on Tue, May 19 2009, 19:47 GMT
6
0
Daily Forex Signal
Mon, May 18 2009, 19:32 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
4 Hour:
20:00 GMT buy ZLC on EUR/JPY (atr = 213 pips)
Setups
First we were watching for a short ZLC entry:
Now we are talking the long ZLC entry:
JCL's Forex
Published on Mon, May 18 2009, 19:32 GMT
6
0
Daily Forex Signal
Thu, May 14 2009, 17:17 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Today's Signal
4 Hour:
12:00 GMT new buy Drop In on the AUD/USD (atr = 133 pips)
12:00 GMT re-entry buy Drop In on the GBP/JPY (atr = 229 pips)
12:00 GMT re-entry sell Drop in on the USD/CAD (atr = 143 pips)
Watching:
GBP/USD for a buy Drop In
Setups
JCL's Forex
Published on Thu, May 14 2009, 17:17 GMT
6
1
Daily Forex Signal
Tue, May 12 2009, 19:56 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
JCL's Forex
Today's Signal
20:00 GMT new buy Drop In on the gbp/jpy (atr = 237 pips)
GBP/JPY Setup Watch
Published on Tue, May 12 2009, 19:56 GMT
3
0
Daily Forex Signal
Mon, May 11 2009, 19:51 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
JCL's Forex
Today's Signal
12:00 GMT: New short ZLC entry on the USD/JPY (atr = 97 pips)
20:00 GMT: Buy Drop In on the GBP/JPY (atr = 221 pips)
GBP/JPY Setup Watch
Published on Mon, May 11 2009, 19:51 GMT
10
1
Daily Forex Signal
Fri, May 8 2009, 14:59 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
JCL's Forex
Today's Signal (No trade; watching for entry criteria)
GBP/USD Setup Watch
Published on Fri, May 8 2009, 14:59 GMT
2
0
Daily Forex Signal
Thu, May 7 2009, 18:33 GMT
by Jordan Lindsey
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.
Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.
Current True Trend
Today's Signal (No trade; watching for entry criteria)
GBP/USD Setup Watch
Published on Thu, May 7 2009, 18:33 GMT
0
0
Daily Forex Signal
Tue, May 5 2009, 14:37 GMT
by Jordan Lindsey
Hell all,
I am back from my travels to Europe, Eastern Europe and settled in Argentina from my move from San Francisco and ready to resume our trading.
Everything looking much like yesterday (4 &8 hour) only usd/chf 8H falling further from possible long zlc (zero line cross).
8 Hour:
[12:48:23] jordan: everything oversold/bought toward the trend
[13:34:52] jordan: 8 hour usd/chf could be/is earliest signal (zlc) approaching
4 Hour:
[12:46:16] jordan: everything oversold/bought toward the trend
Current open positions:
Published on Tue, May 5 2009, 14:37 GMT
13
1
Daily Forex Signal
Sun, Mar 22 2009, 16:06 GMT
by Jordan Lindsey
Hello all,
I hope you all enjoyed your weekend and are ready for the new week ahead!
Current open positions as the new week beigns:
Published on Sun, Mar 22 2009, 16:06 GMT
21
5
Daily Forex Signal
Mon, Mar 16 2009, 18:16 GMT
by Jordan Lindsey
New entries on the gbp/usd, usd/cad, eur/usd & aud/usd.
Current positions with new entries:
Published on Mon, Mar 16 2009, 18:16 GMT
2
0
Daily Forex Signal
Wed, Mar 11 2009, 16:45 GMT
by Jordan Lindsey
Hello all,
4 Hour: (time stamp is in gmt)
[16:21:34] jordan: aud/usd, gbp/jpy and eur/usd all stopped out (drop ins)
[16:21:55] jordan: and a couple of setups about to trigger very shortly
[16:22:42] jordan: aud/usd short drop in is pips from entry so entering this
order now then will move onto the rest. ATR = 123
[16:23:12] dug: guppy will prob ZLC today or tomorrow
[16:24:13] jordan: yeah it is getting close
[16:24:53] jordan: eur/usd is also very close to short drop in entry. ATR =
163
[16:30:02] dug: there may be some resistance at the ZLC but i think the gbp
is getting clobbered again...i would bet there's a cross by sometime tomorrow if
not earlier
[16:30:39] dug: triple top on the guppy around the high 141ish area
[16:32:17] jordan: there was also a buy entry (drop in) on the usd/cad. I
missed this one, maybe it will retrace for a fill but in profit now. gbp/jpy also
setup up for a buy drop in but not close to triggering right now.
Published on Wed, Mar 11 2009, 16:45 GMT
5
0
Daily Forex Signal
Mon, Mar 9 2009, 17:14 GMT
by Jordan Lindsey
Hello all,
The new week begins.
4 Hour:
Aud/usd 1st order reached tp and 2nd order sl is now set to break even (or entry point).
Criteria is close to being met on the gbp/jpy with the true trend positive and stoch currently below the 30 level. At 20:00 GMT we should have criteria met for buy entry orders.
Published on Mon, Mar 9 2009, 17:14 GMT
5
0
Daily Forex Signal
Thu, Mar 5 2009, 20:21 GMT
by Jordan Lindsey
Hello all,
All yen pairs seem to be getting close to new Drop In setups.
Current open trades:
Published on Thu, Mar 5 2009, 20:21 GMT
5
0
Daily Forex Signal
Wed, Mar 4 2009, 19:43 GMT
by Jordan Lindsey
4 Hour:
dug: gbp/jpy 1st order took profit. move stop to break even on 2nd order
jordan: 4 hour eur/usd 1st order zlc also took profit, stop moved to lock in 1
atr now on 2nd
Published on Wed, Mar 4 2009, 19:43 GMT
1
0
Daily Forex Signal
Tue, Mar 3 2009, 23:45 GMT
by Jordan Lindsey
Hello all,
The Spec took profit again leaving us again at 1%. We will have a sell order
today at 0:00 GMT
4 Hour:
jordan: nothing doing at the moment.
Published on Tue, Mar 3 2009, 23:45 GMT
0
0
Daily Forex Signal
Mon, Mar 2 2009, 21:54 GMT
by Jordan Lindsey
Hello all,
The Spec took profit again leaving us again at 1%. We will have a buy order
today.
4 Hour:
jordan: the gbp/jpy 4 hour is close to a buy drop in entry. right now the true
trend is positive and the stoch is below the 30 level (criteria for buy entry)
once this curent 4 hour time period ends if the stoch is still below the 30 level.
We will know and can begin placing orders at 20:00 GMT
jordan: no trade yet on guppy, stoch is closing above the 30 level
Published on Mon, Mar 2 2009, 21:54 GMT
11
0
Daily Forex Signal
Sun, Mar 1 2009, 01:20 GMT
by Jordan Lindsey
Hello all,
4 Hour:
Aud/usd 1st order took profit (stop moved to break even).
jordan: nothing doing on the 4 hour as everything is close to being oversold/bought toward the trend. Monday will be the 15 minute for me.
Published on Sun, Mar 1 2009, 01:20 GMT
3
1
Daily Forex Signal
Fri, Feb 27 2009, 17:32 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec took profit again leaving us again at 1%. We will have a sell order
today.
Have a wonderful weekend everyone and enjoy all around you!
4 Hour:
Aud/usd 1st order took profit (stop moved to break even).
jordan: nothing doing on the 4 hour as everything is close to being
oversold/bought toward the trend. Monday will be the 15 minute for me.
Published on Fri, Feb 27 2009, 17:32 GMT
3
0
Daily Forex Signal
Thu, Feb 26 2009, 19:36 GMT
by Jordan Lindsey
Hello all,
The Spec took profit again taking us back to 1%. We will have a sell order
today.
4 Hour:
No new trades developing at the moment. Most trades falling deeper into profit
except aud/usd which is nearing it's stop.
Published on Thu, Feb 26 2009, 19:36 GMT
0
5
Daily Forex Signal
Wed, Feb 25 2009, 18:18 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec took profit taking us to our 2nd 2% trade today.
4 Hour:
jordan: gbp/usd & usd/cad both took profit last night (moving stop loss to
break even on both)
jordan: stop also adjusted on usd/jpy zlc to lock in 1x ATR since 1st order
took profit
Published on Wed, Feb 25 2009, 18:18 GMT
3
0
Daily Forex Signal
Tue, Feb 24 2009, 22:14 GMT
by Jordan Lindsey
Hello all,
The Spec order never triggered (cancel the open order) and we are still on our
1st 2% today which is a sell order.
4 Hour:
04:00 GMT: buy zlc on the eur/jpy
08:00 GMT: We have a short drop in entry on the gbp/usd
Watching:
[21:33:57] jordan: usd/cad 4 hour close to criteria for buy drop in
[21:48:13] greg: audusd also close to 4h drop in (short)?
[21:49:19] jordan: so close to criteria met there too. perhaps by 0:00 GMT
signal period we have orders to place on both
Published on Tue, Feb 24 2009, 22:14 GMT
3
1
Daily Forex Signal
Mon, Feb 23 2009, 17:22 GMT
by Jordan Lindsey
Hello all,
Busy day with an active market today to begin the week.
1st order on the usd/jpy buy zlc trade took profit (and both the eur/usd & usd/chf are very close to profit target as well).
New buy zlc entry on the eur/jpy and a sell drop in entry on the gbp/usd.
4 Hour
Published on Mon, Feb 23 2009, 17:22 GMT
0
0
Daily Forex Signal
Mon, Feb 23 2009, 00:19 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
Hope you all are enjoying your weekend!
jordan: usd/chf is setup for a 4 hour buy drop in. True trend is positive with
the stoch below the 30 level. Entry is the high of this current per-market bar
+1 pip.
Also a short drop in on the gbp/usd now that the true trend is negative and
the stoch is above the 70 level. Same on the eur/usd.
Published on Mon, Feb 23 2009, 00:19 GMT
0
0
Daily Forex Signal
Sun, Feb 22 2009, 17:48 GMT
by Jordan Lindsey
Hi all,
I hope everyone is enjoying their weekend.
Here are our open positions heading into the new week:
Published on Sun, Feb 22 2009, 17:48 GMT
0
0
Daily Forex Signal
Fri, Feb 20 2009, 11:39 GMT
by Jordan Lindsey
Hello all,
A few adjustments to the 15 minute on the way:
jordan: was working on the Conquer 15 minute adjustment to order 2. giving it a target and also moving both orders to break even much sooner. On Saturday will have it released
Hannah: Thanks and
jordan: also on the 4 hour tiny tiny adjustment of moving stops to break even before the 1st order takes profit too. As you see so many trades have been going a few hundred pips into profit and we just cannot let that turn into a loss
jordan: maybe some trades will be stopped out at break even that would had reached target but we can just re-enter. just turning up the defensive a bit
Current 4 hour open positions:
Published on Fri, Feb 20 2009, 11:39 GMT
1
0
Daily Forex Signal
Fri, Feb 20 2009, 00:50 GMT
by Jordan Lindsey
We have our short Drop In entry on the eur/jpy.
Published on Fri, Feb 20 2009, 00:50 GMT
3
0
Daily Forex Signal
Thu, Feb 19 2009, 18:36 GMT
by Jordan Lindsey
Eur/jpy stopped out. Criteria met for a Drop In entry so we are watching and waiting for entry.
Published on Thu, Feb 19 2009, 18:36 GMT
8
0
Daily Forex Signal
Wed, Feb 18 2009, 18:28 GMT
by Jordan Lindsey
New buy zero line cross entry on the gbp/jpy
Current positions:
4 Hour
Published on Wed, Feb 18 2009, 18:28 GMT
4
1
Daily Forex Signal
Tue, Feb 17 2009, 17:46 GMT
by Jordan Lindsey
Currencies are beginning to hold their trends after a few week of being undecided and chop.
Current open trades:
4 Hour
Published on Tue, Feb 17 2009, 17:46 GMT
4
0
Daily Forex Signal
Mon, Feb 16 2009, 23:25 GMT
by Jordan Lindsey
Current open trades:
4 Hour
Published on Mon, Feb 16 2009, 23:25 GMT
7
2
Daily Forex Signal
Fri, Feb 13 2009, 18:42 GMT
by Jordan Lindsey
Hello all,
The Speculative took profit which brings us to our 2nd 16%
jordan: I created a video to help with setting up the charts. I messed up the
end and will need to redo this (also recorded in too high of quality so lags at
parts), http://jcls-forex.com/ChartSetup/ChartSetup.htm
I will also add video for the Methods of trading to help all those who learn
better visually. If anyone has any ideas or input please let me know.
4 Hour
Published on Fri, Feb 13 2009, 18:42 GMT
5
1
Daily Forex Signal
Thu, Feb 12 2009, 18:43 GMT
by Jordan Lindsey
JCL's Forex
New buy zlc entry on the usd/chf
jordan: going to be a while before another 4 hour setup. I will be working the 15 minute time frame shortly
Published on Thu, Feb 12 2009, 18:43 GMT
1
6
Daily Forex Signal
Wed, Feb 11 2009, 20:37 GMT
by Jordan Lindsey
Current open trades:
4 Hour
Published on Wed, Feb 11 2009, 20:37 GMT
0
0
Daily Forex Signal
Wed, Feb 11 2009, 19:11 GMT
by Jordan Lindsey
Current open trades:
4 Hour
Published on Wed, Feb 11 2009, 19:11 GMT
10
1
Daily Forex Signal
Wed, Feb 11 2009, 06:12 GMT
by Jordan Lindsey
Eur/jpy took profit and 2nd order moved to break even
New short zero line cross entries on gbp/jpy, gbp/usd & usd/jpy
New long zero line cross entry on the usd/cad
Published on Wed, Feb 11 2009, 06:12 GMT
5
2
Daily Forex Signal
Tue, Feb 10 2009, 18:30 GMT
by Jordan Lindsey
Current open positions:
Many new setups today at 20:00 GMT, stay tuned.
Published on Tue, Feb 10 2009, 18:30 GMT
5
0
Daily Forex Signal
Mon, Feb 9 2009, 17:31 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec took profit which brings us back to our 2nd 8%
Published on Mon, Feb 9 2009, 17:31 GMT
2
0
Daily Forex Signal
Sun, Feb 8 2009, 23:45 GMT
by Jordan Lindsey
Hello all,
The Spec stopped out which brings us back to our 1st 8% trade today (Monday).
We have a sell orders on the Speculative today at 8%
jordan: We have buy zlc on the gbp/usd & aud/usd and a sell zlc on the usd/cad. In order to get into these trades we need to follow the rules for re-entries:
Re-entries
If stopped out of a ZLC without the 1st half of the position taking profit we can re-enter the position.
When buying first we must have a down price bar and then the entry is above the high of that price bar, when selling first we must have an up price bar and the entry is below the low of that price bar.
If the trade does not trigger we again adjust the order to the high/low of the previous candle plus/minus 1 pip.
Published on Sun, Feb 8 2009, 23:45 GMT
8
7
Daily Forex Signal
Fri, Feb 6 2009, 20:13 GMT
by Jordan Lindsey
jordan: everything from gbp/jpy, gbp/usd, usd/jpy & aud/usd ALL stopped out
shawn: RECAP for 16:00gmt - [15:07:28] shawn: usd/jpy zlc positive - gbp/jpy zlc positive
[19:56:38] jordan: gbp/usd & usd/cad about to cross - we will get in these
trade Monday at 0:00 GMT
Published on Fri, Feb 6 2009, 20:13 GMT
4
1
Daily Forex Signal
Thu, Feb 5 2009, 23:04 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec stopped out which brings us back to our 1st 4% trade today.
We have a sell order on the Speculative today at 4%
4 Hour
Next update to follow (soon) is a tp on the 2nd order of the 15 minute. I was
just informed that Oanda is starting to introduce trailing stops to FXGame and
this could be useful one it is released to live accounts for Order 2 on the 15M
once the 1st order reaches profit.
Published on Thu, Feb 5 2009, 23:04 GMT
4
3
Daily Forex Signal
Thu, Feb 5 2009, 17:34 GMT
by Jordan Lindsey
4 Hour
jordan: both gbp/jpy & gbp/usd stopped out (drop in) and both open usd/jpy drop in trades stopped out at break even
jordan: usd/cad zlc to the downside (again) earlier
shawn: should be some good opportunities today eh?
jordan: looks like many, many setups on the way
Published on Thu, Feb 5 2009, 17:34 GMT
13
1
Daily Forex Signal
Wed, Feb 4 2009, 16:56 GMT
by Jordan Lindsey
Hello all,
The Spec stopped out which brings us back to our 1st 2% trade today.
4 Hour
We have a zlc on the usd/cad & usd/chf.
The gbp/usd & gbp/jpy are both currently setup for a short drop in entry (will wait to 20:00 GMT to set those orders)
Published on Wed, Feb 4 2009, 16:56 GMT
5
3
Daily Forex Signal
Tue, Feb 3 2009, 23:29 GMT
by Jordan Lindsey
15 Minute
First trade on the 15M in two weeks as 4 hour has been so busy.
New usd/jpy short entry.
4 Hour
We have a short zlc on the usd/cad & short drop in on the gbp/usd at 0:00 GMT today.
Published on Tue, Feb 3 2009, 23:29 GMT
1
1
Daily Forex Signal
Tue, Feb 3 2009, 16:44 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec took profit which brings us to our 2nd 2% trade today.
4 Hour
bink: usd/chf zlc hit sl
jordan: yep, bink. same here
jordan: usd/jpy reached tp (moving stop to break even now) and spec also tp
jordan: stop on existing usd/jpy trade also moved to new stop loss level
jordan: gbp/jpy also stopped out (+1,120 pips)
Published on Tue, Feb 3 2009, 16:44 GMT
5
0
Daily Forex Signal
Tue, Feb 3 2009, 00:10 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec hit the stop loss which brings us to 2% on our next trade.
We have a buy order today at 2%
Stop moved on gbp/jpy to lock in 1,120 pips.
Published on Tue, Feb 3 2009, 00:10 GMT
7
3
Daily Forex Signal
Mon, Feb 2 2009, 18:03 GMT
by Jordan Lindsey
Hello all,
Today is my birthday so I would like to wish you all a beautiful day full of peace. May God bless you. Be the peace and joy for others.
Another great start to our week:
Published on Mon, Feb 2 2009, 18:03 GMT
9
4
Daily Forex Signal
Mon, Feb 2 2009, 04:40 GMT
by Jordan Lindsey
Current positions as the new week beings:
Published on Mon, Feb 2 2009, 04:40 GMT
17
3
Daily Forex Signal
Thu, Jan 29 2009, 17:39 GMT
by Jordan Lindsey
JCL's Forex
Current positions:
4 Hour
Published on Thu, Jan 29 2009, 17:39 GMT
14
1
Daily Forex Signal
Thu, Jan 29 2009, 04:45 GMT
by Jordan Lindsey
4 Hour
Published on Thu, Jan 29 2009, 04:45 GMT
4
0
Daily Forex Signal
Wed, Jan 28 2009, 23:14 GMT
by Jordan Lindsey
Plenty of new entries on the 4 hour today and plenty of red on the account currently!
We take losses all the time. but our losses are ALWAYS smaller than our winning trades which are ALWAYS bigger than out losses.
For example we stopped out of a short drop in trade on the gbp/usd 4 hour yesterday. the loss was 70 pips. but the target is 349 pips. 5:1 risk to reward. we like this!
So it is okay to take losses, we know they happen all the time. but we win more.
Published on Wed, Jan 28 2009, 23:14 GMT
0
0
Daily Forex Signal
Wed, Jan 28 2009, 17:14 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec stopped out (told ya!) which brings to 2% today.
We have a sell order on the Spec today at 2%
Current open trades:
15 Minute
4 Hour
Published on Wed, Jan 28 2009, 17:14 GMT
1
0
Daily Forex Signal
Tue, Jan 27 2009, 23:29 GMT
by Jordan Lindsey
jordan: I am seeing red on my p&l today!
Published on Tue, Jan 27 2009, 23:29 GMT
0
0
Daily Forex Signal
Tue, Jan 27 2009, 19:37 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec stopped out (told ya!) which brings to 2% today.
We have a buy order on the Spec today % (check back at 0:00 GMT as this
can change)
New entries on the 4 hour today; eur/usd & aud/usd
Published on Tue, Jan 27 2009, 19:37 GMT
6
0
Daily Forex Signal
Mon, Jan 26 2009, 22:05 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
Okay, again the Spec took profit, leaving us at 1% again today. Old Faithful
strikes again. Hopefully we will have a loss soon ;-)
We have a sell order on the Spec today at 1%
New 15 minute trades:
15 Minute
Published on Mon, Jan 26 2009, 22:05 GMT
7
0
Daily Forex Signal
Mon, Jan 26 2009, 00:23 GMT
by Jordan Lindsey
15 Minute
4 Hour
Published on Mon, Jan 26 2009, 00:23 GMT
9
0
Today's Signal
Fri, Jan 23 2009, 18:33 GMT
Current trades:
15 Minute
4 Hour
Published on Fri, Jan 23 2009, 18:33 GMT
2
0
Daily Forex Signal
Fri, Jan 23 2009, 06:23 GMT
by Jordan Lindsey
Current open trades:
15 Minute
jordan: usd/jpy 15M reached tp (reaming trade set to break even (b/e) now)
jordan: eur/jpy take profit now too (same stop to b/e)
jordan: gbp/jpy now too take profit (sl b/e)
jordan: existing gbp/jpy trade also set to this new stop
4 Hour
Published on Fri, Jan 23 2009, 06:23 GMT
0
0
Daily Forex Signal
Thu, Jan 22 2009, 22:26 GMT
by Jordan Lindsey
Hello all,
The Spec took profit...again, leaving us at 1% again today. Old Faithful strikes
again.
15 Minute Trades
The usd/chf & gbp/usd both stopped out.
Published on Thu, Jan 22 2009, 22:26 GMT
1
0
Daily Forex Signal
Thu, Jan 22 2009, 18:12 GMT
by Jordan Lindsey
15 Minute Trades
New sell entry on the gbp/usd & buy usd/chf.
[18:16:01] jordan: 15M usd/jpy sell entry
Published on Thu, Jan 22 2009, 18:12 GMT
4
1
Daily Forex Signal
Thu, Jan 22 2009, 00:17 GMT
by Jordan Lindsey
15 Minute Trades
4 Hour Trades
Published on Thu, Jan 22 2009, 00:17 GMT
0
1
Daily Forex Signal
Wed, Jan 21 2009, 22:03 GMT
by Jordan Lindsey
15 Minute Trades
[21:47:53] jordan: and eur/jpy entering now as we speak[21:48:41] diana: I like this. Things are so much calmer now.
[21:49:53] jordan: my 15M trades -
[21:50:27] jordan: maybe if I can get my breath back
[21:55:54] diana: I see you didn't take them all.
[21:56:32] jkapf: very useful to see your open trades... I entered same trades pretty close...
[21:57:49] diana: I agree. Good check for tp and sl.
[22:00:30] jordan: all in back now (which is nice and welcomed always
)
[22:02:02] diana: so much green on my account
[22:02:39] amahesh: enjoy the green. It's a good feeling. Enjoy it
Published on Wed, Jan 21 2009, 22:03 GMT
1
0
Daily Forex Signal
Wed, Jan 21 2009, 16:53 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec took profit...again, leaving us at 1% again today. Old Faithful strikes
again.
We have a buy order today at 1% on the Speculative.
[16:43:52] jordan: guppy @ 121.....
[16:44:27] andy: crazy day...
[16:45:12] dug: what teh heck happened to usd/jpy a couple hours ago
[16:45:29] andreas: got blasted
[16:45:41] andy:
[16:45:53] andy: good old 15min Conquer caught it though
Published on Wed, Jan 21 2009, 16:53 GMT
3
0
Daily Forex Signal
Tue, Jan 20 2009, 22:24 GMT
by Jordan Lindsey
diana: jordan, I am still learning. I got in and out of usd/jpy a few times.
diana: After seeing your current trades that you posted, I am a believer.
jordan: i know diana, it takes time. it takes time to trust in the system and be detached in your trading but it will happen. this is the best place you can be without question
jordan: you know last week I take many trades that stop out but I know around the corner they stick. our losses are small, it is okay
diana: I am seeing that now, jordan. I am still a little foggy on setting my own tp and sl, but I will read through a few more times and it should start to make sense.
stevied: thanks jordan, to me this is a pretty good example of where a lot of us(especially me) make it more complicated by working around the rule. Following them to the letter makes it all so much more simple
Published on Tue, Jan 20 2009, 22:24 GMT
4
0
Daily Forex Signal
Tue, Jan 20 2009, 17:37 GMT
by Jordan Lindsey
JCL's Forex
Hello all,
The Spec never triggered so cancel the open order now and we will be trading
again today at 1%.
Interesting chat this morning before I came into the room. I will put together
and post for all shortly.
Conquer: 4 hour (current open positions)
Published on Tue, Jan 20 2009, 17:37 GMT
3
0
Daily Forex Signal
Tue, Jan 20 2009, 01:00 GMT
by Jordan Lindsey
Hello all,
The Spec took profit once again which leaves us at 1% again today.
We have a buy order at 1% today. Much momentum to the downside currently
so we will see how that works out :)
Published on Tue, Jan 20 2009, 01:00 GMT
0
0
Daily Forex Signal
Mon, Jan 19 2009, 22:19 GMT
by Jordan Lindsey
Hello all,
The Spec took profit once again which leaves us at 1% again today.
The performance spreadsheet has been updated (thanks jkapf!) and you
can download it to the right under spreadsheets and save your own copy
(follow directions on sheet).
New trade orders coming today at 0:00 GMT.
[22:18:35] jordan: all trades falling into profit. big range on the guppy today
Published on Mon, Jan 19 2009, 22:19 GMT
1
0
Daily Forex Signal
Mon, Jan 19 2009, 01:29 GMT
by Jordan Lindsey
Hello all,
The Spec order at 1% never triggered (cancel open order) and on Monday we
will be back at 1%
We have a sell order today on the Speculative at 1%
Looks like big gap opening today on lots of pairs.
Published on Mon, Jan 19 2009, 01:29 GMT
2
0
Daily Forex Signal
Thu, Jan 15 2009, 22:50 GMT
by Jordan Lindsey
[19:03:16] dare: Is
there anyway you can specify for us newcomers here which chat you are
refering to. That might help a lot. This is a very logical stress-free system I must say though.
[19:05:34] jordan: yep.
if you don't understand what I am saying ask so I can explain. I have
no way of telling who knows what otherwise. yes it is stress free trading 
[19:05:54] jordan: it is helpful for me for you to ask questions
[19:07:02] dug: what eur/usd can we enter now?
[19:07:35] dare: Great. So far there has been no 15 mins trade today Y/No ??
[19:08:50] jordan: right
now the true trend just went negative on the eur/usd. if this current
price bar closes (in an hour at 20:00 GMT) negative we have a zero line
cross (zlc) on the eur.usd - short
[19:09:27] jordan: we
have to wait until then to see though. the tt can move positve and
negative during the course of a given time period so we always wait
until it has closed
[19:10:02] jordan: with serveral entries on the 4 hour yesterday and today I have not even looked at the 15M
[19:10:35] allan: hello again ,well im all stressed out as the last AUDUSD that i an aware of was a buy way back at buy limit 0.6824 , oh boy
[19:10:48] jordan: there are no setups, everything is oversold with the down trend or overbought with the uptrend
[19:11:12] dare: Good to be on same page
[19:12:28] jordan: allan sounds like you are reffering to the aud/usd order from 0:00 GMT yesterday. The buy drop in?
[19:14:00] allan: yep Jordan , could not work out other stuff
[19:16:13] jordan: that trade never triggered.
[19:16:36] allan: zlc means the cross off the zero by the true trend from up or down ?
[19:17:03] allan: so has there been updates
[19:17:32] jordan: that is correct (zlc)
[19:18:37] allan: ok thanks, back to bed cheers
[19:18:38] jordan: on
a drop in limit entry if the trade does not trigger you have to adjust
your order every 4 hours to the new high/low of the previous price bar
[19:19:15] jordan: 'If
the trade does not trigger on the open of the new price bar we again
adjust the order to the high of the previous candle plus 1 pip.'
[19:19:58] jordan: the update is at 0:00 GMT
[19:20:04] allan: ok starting to see light
[19:20:34] jordan: serveral days is all it takes 
you'll see
[19:21:05] allan: and than there was me 
[19:22:11] allan: ok thanks again for that Jordan, off now
[19:22:18] jordan: good chance we have a zlc short on the eur/usd in 40 minutes. the ATR is 243
[19:22:30] jordan: okay, see you
Published on Thu, Jan 15 2009, 22:50 GMT
2
1
Daily Forex Signal
Tue, Jan 13 2009, 19:28 GMT
by Jordan Lindsey
[19:03:16] dare: Is there anyway you can specify for us newcomers here which chat you are refering to. That might help a lot. This is a very logical stress-free system I must say though.
[19:05:34] jordan: yep. if you don't understand what I am saying ask so I can explain. I have no way of telling who knows what otherwise. yes it is stress free trading
[19:05:54] jordan: it is helpful for me for you to ask questions
[19:07:02] dug: what eur/usd can we enter now?
[19:07:35] dare: Great. So far there has been no 15 mins trade today Y/No ??
[19:08:50] jordan: right now the true trend just went negative on the eur/usd. if this current price bar closes (in an hour at 20:00 GMT) negative we have a zero line cross (zlc) on the eur.usd - short
[19:09:27] jordan: we have to wait until then to see though. the tt can move positve and negative during the course of a given time period so we always wait until it has closed
[19:10:02] jordan: with serveral entries on the 4 hour yesterday and today I have not even looked at the 15M
[19:10:35] allan: hello again ,well im all stressed out as the last AUDUSD that i an aware of was a buy way back at buy limit 0.6824 , oh boy
[19:10:48] jordan: there are no setups, everything is oversold with the down trend or overbought with the uptrend
[19:11:12] dare: Good to be on same page
[19:12:28] jordan: allan sounds like you are referring to the aud/usd order from 0:00 GMT yesterday. The buy drop in?
[19:14:00] allan: yep Jordan , could not work out other stuff
[19:16:13] jordan: that trade never triggered.
[19:16:36] allan: zlc means the cross off the zero by the true trend from up or down ?
[19:17:03] allan: so has there been updates
[19:17:32] jordan: that is correct (zlc)
[19:18:37] allan: ok thanks ,back to bed cheers
[19:18:38] jordan: on a drop in limit entry if the trade does not trigger you have to adjust your order every 4 hours to the new high/low of the previous price bar
[19:19:15] jordan: 'If the trade does not trigger on the open of the new price bar we again adjust the order to the high of the previous candle plus 1 pip.'
[19:19:58] jordan: the update is at 0:00 GMT
[19:20:04] allan: ok starting to see light
[19:20:34] jordan: several days is all it takes
you'll see[19:21:05] allan: and than there was me
[19:22:11] allan: ok thanks again for that Jordan, off now
[19:22:18] jordan: good chance we have a zlc short on the eur/usd in 40 minutes. the ATR is 243
[19:22:30] jordan: okay, see you
Published on Tue, Jan 13 2009, 19:28 GMT
1
0
Daily Forex Signal
Mon, Jan 12 2009, 23:21 GMT
by Jordan Lindsey
EUR/USD
USD/CAD
Published on Mon, Jan 12 2009, 23:21 GMT
11
1
Daily Forex Signal
Fri, Jan 9 2009, 18:40 GMT
by Jordan Lindsey
GBP/JPY
EUR/JPY
Published on Fri, Jan 9 2009, 18:40 GMT
3
0
Daily Forex Signal
Thu, Jan 8 2009, 20:21 GMT
by Jordan Lindsey
Conquer (4 Hour) Lesson
[20:08:23] jordan: I am going over the guppy (gbp/jpy) entry w/ andreas and will talk in here so others can learn too
[20:08:26] bink: 15M USDCAD didn't even wait
[20:08:37] bink: absolutely
[20:08:40] jordan [»] andreas: i recommend opening a demo w/ Oanda
[20:08:46] bink: welcome aboard, andreas
[20:08:58] andreas [»] jordan: Thanks bro
[20:09:30] jordan: we just took a short entry off of the 4 hour time frame on the guppy; drop in entry
[20:09:54] jordan: now in order for a short drop in trade to occur we need to criteria to be met first.
[20:10:03] jordan: know what they are?
[20:10:36] andreas [»] jordan: not really
[20:11:26] andreas [»] jordan: like certain indicators
[20:11:51] andreas [»] jordan: want me to go there to that link now?
[20:13:17] jordan [»] andreas: yes, I am going to teach you this
[20:13:42] jordan: we need two things to happen in order for us to be able to take a short trade on the Conquer drop in.
[20:13:57] jordan: both are from the indicators we use (true trend & stoch)
[20:14:20] jordan: first the true trend must be negative (below the zero line)
[20:14:36] jordan: second the stoch must be ABOVE the 70 level.
[20:14:55] andreas [»] jordan: Its working now
[20:15:23] jordan: this
creates a rubber band like effect (think rubber band being pulled apart
waiting to snap back) as we have the stoch overbought (pulled back)
against the trend which is down
[20:15:27] andreas [»] jordan: Does it always work like this when those parameters are met
[20:16:02] jordan: whenever these parameters are met we have our criteria for setup and begin entering orders
[20:16:34] jordan: (now this is for SELL trades only) when we buy the true trend must be positive & the stoch must be BELOW the 30 level).
[20:16:43] jordan: let me post a pic to help before I explain how we enter
[20:16:51] andreas [»] jordan: ok
[20:20:07] jordan: are you with me or do you have any questions?
[20:24:37] andreas [»] jordan: shOk for now
[20:24:45] andreas [»] jordan: ok
[20:25:28] andreas [»] jordan: when should I pull out of trade?
[20:25:39] jordan: now we look at the section: Once Criteria is Reached
[20:25:52] jordan: Sell:
We place our limit order 1 pip below the low of the previous candle. If
the trade does not trigger on the open of the new price bar we again
adjust the order to the low of the previous candle minus 1 pip. Tip:
The entry moves with each new candle until entry or the entry criteria
is no longer met.
[20:26:23] jordan: so as you can see from the chart we placed our order (green line) where the low of the previous price bar was minus 1 pip
[20:26:34] jordan: that is the entry level, see?
[20:28:23] andreas [»] jordan: Isnt the trade in minus right now?
[20:29:14] andreas [»] jordan: Or shouldn't that be a concern?
[20:30:01] jordan [»] andreas: no, it is positive 15 pips. Yes, most importantly that is not a concern, understanding the trade is!
[20:30:09] jordan [»] andreas: very good
[20:30:46] andreas [»] jordan: should I come back in ?
[20:30:47] jordan: do you see two things? the criteria we need for a short drop in and where and how the entry takes place?
[20:31:10] jordan [»] andreas: no, forget about the trade right now and focus on learning how & why
[20:31:37] andreas [»] jordan: ha ha ok
[20:33:00] andreas [»] jordan: so you follow it manually or just put in parameters and wait?
[20:33:53] andreas [»] jordan: I see you have a system that seems to work quite well
[20:34:33] jordan [»] andreas: do you mean are these market or limit orders?
[20:34:59] andreas [»] jordan: yes
[20:35:44] jordan [»] andreas: indeed and it will get better. so let's work on getting you to achieve your goal, you need to start with me even though you are ready to run! this is all important
[20:36:10] jordan [»] andreas: do you see two things? the criteria we need for a short drop in and where and how the entry takes place?
20:38:01] andreas [»] jordan: I appreciate your instruction
[20:38:16] jordan [»] andreas: should I wait a bit before we go over the stop loss and target for this trade?
[20:38:39] jordan [»] andreas: or maybe just let you ask rather than me guide right now
[20:39:16] andreas [»] jordan: no go ahead please
[20:40:35] jordan: so
we we see that first we need the true trend to be negative and for the
stoch to be above the 70 level in order for us to have the criteria met
for the short drop in entry.
[20:41:12] andreas [»] jordan: Do u normally place 1 trade a day?
[20:42:26] jordan [»] andreas: one
spec order is placed a day. We trade 8 pairs on two different time
frames (15min/4hour) so we can have up to several trades in a day.
[20:43:21] andreas [»] jordan: spec order? (special)
[20:43:45] jordan [»] andreas: speculative. each day I show the orders on the update.
[20:44:40] qjzheng: so the limit is around 137.8 since ATR is 2.21
[20:44:53] jordan: we
wait to this point because it shows us we have a high percentage trade
of price being (hopefully) temporally overbought (stoch above 70) in a
down trend (true trend negative) creating a rubber band effect with
price dropping back toward the trend (reversion to the mean).
[20:45:32] jordan: that is right. I used 110 (220 divided by 2 = 110).
[20:46:35] andreas [»] jordan: do we place trades on our own or together as a group as long as they meet the criteria I guess people don't mind sharing info
[20:47:14] andreas [»] jordan: I know i don't mind.
[20:47:50] jordan: sorry that is the stop qjzheng (half daily ATR) the target is the full ATR on the 4 hour drop in or 221 pips
[20:48:40] qjzheng: ok
[20:48:46] jordan: now we need to place the target & stop. The target is the full ATR (average true range - 14 period (daily time frame)
[20:49:24] jordan: and
the stop is one of two things; the high of the previous move (the
highest price point while the stoch was above the 70 level) or half the
ATR. Which ever is less.
[20:49:44] jordan: in this current trade on the gbp/jpy it was the half ATR or 110 pips
Published on Thu, Jan 8 2009, 20:21 GMT
3
0
Daily Forex Signal
Tue, Jan 6 2009, 21:04 GMT
by Jordan Lindsey
[19:57:30] jordan: lots happening on the 4 hour too, time to take a look
GBP/JPY
USD/CHF
GBP/USD
USD/JPY
EUR/USD
Published on Tue, Jan 6 2009, 21:04 GMT
0
0
Daily Forex Signal
Tue, Jan 6 2009, 01:08 GMT
by Jordan Lindsey
Short Setup, 4 hour GBP/JPY
[23:25:38] jordan: now it's easy to see we most likely will have a re entry on the 4 hour guppy on the next 4 hour time period.
[23:25:51] stevied: ok, yea, the 15min does provide a lot of opportunities
[23:27:40] jordan: i am still long the usd/jpy 15 min +345 pips (sl b/e) since last week of Dec.
[23:28:04] jordan: see a 15min trade, set and forget for the most part
[23:33:42] dug: the 15min ZLC can be profitable as well from what i'm seeing
[23:34:16] jordan: i don;t trade it simply for mental reasons; avoiding the chop
Published on Tue, Jan 6 2009, 01:08 GMT
2
0
Daily Forex Signal
Mon, Jan 5 2009, 00:13 GMT
by Jordan Lindsey
GBPJPY 4 Hour Short Setup -
Guppy 4h is setting up for a drop in (short GBPJPY).
Published on Mon, Jan 5 2009, 00:13 GMT
2
0
Daily Forex Signal
Mon, Dec 22 2008, 20:13 GMT
by Jordan Lindsey
Here is the best way to structure our total account to maximize our growth and income.
Published on Mon, Dec 22 2008, 20:13 GMT
6
0
Daily Forex Signal
Wed, Dec 17 2008, 17:21 GMT
by Jordan Lindsey
Drop In trade setting up
21:59:42] jordan: once this price bar closes the Stoch will be above the 70 level w/ the true trend red (which is our criteria for a drop in entry)
[22:00:21] jordan: so from that point on we will set our limit entry at the low of the previous bar (at 0:00 GMT this current price bar with a low of 138.01 will become the
previous price bar)
[22:00:45] jordan: if the trade does not trigger during that time period (4 hours) we then adjust the entry to the low of the new previous price bar
These are the first orders to be placed (if trade does not trigger in next 4 hours adjust the orders to the new previous low.
[17:04:54] jordan: stoked about the drop in hitting tp. stop now moved to break even (entry) on the 2% piece & the stop on the existing 2% also moved to that level (will place on the update shortly)
Published on Wed, Dec 17 2008, 17:21 GMT
3
0
Daily Forex Signal
Fri, Dec 12 2008, 23:34 GMT
by Jordan Lindsey
Last night we were watching the gbp/jpy and included this chart in the update.
[04:29:35] jeongwoohan: WOW
[04:29:55] jordan: WOA
[04:30:07] jordan: in just a few minutes guppy fell 130 pips
Have a wonderful weekend everyone!
Published on Fri, Dec 12 2008, 23:34 GMT
3
0
Daily Forex Signal
Wed, Dec 10 2008, 21:24 GMT
by Jordan Lindsey
Hello everyone,
Speculative took profit once again at 8%.
We will go back to 1% today.
-We are getting close to another Conquer 4hr drop in entry (Stoch almost back
above the 70 level)
Example of a 15M trade, forextradinglife.com/15M-trade-example
My best,
Jordan
Published on Wed, Dec 10 2008, 21:24 GMT
2
0
Daily Forex Signal
Tue, Dec 9 2008, 23:16 GMT
by Jordan Lindsey
Hello everyone,
Speculative took profit yesterday at 8% and we will have another 8% trade today.
We have a buy order today on the Spec (8%).
New order at 0:00 GMT.
My best,
Jordan
Published on Tue, Dec 9 2008, 23:16 GMT
4
3
Daily Forex Signal
Mon, Dec 8 2008, 17:30 GMT
by Jordan Lindsey
[16:45:37] jordan: Good morning everyone!
[16:47:51] jordan: perfect timing on my part this morning as a new drop in on the 15m is approaching
[17:01:30] jordan: buy order set 137.78 (oanda) stop 137.15
[17:03:11] giovi: 137.70 on mt4 ?
[17:04:31] jordan: yes, that is the high on mt4 (so 137.71)
[17:07:56] Highvibes: morning everyone 
[17:08:39] jordan: hey hv, gm
[17:09:06] jordan: WILD swings today.
[17:13:47] jordan: 2 minutes limit order adjusted to the high of this bar
[17:17:20] andy: entered now?
[17:17:40] jordan: y, just triggered
[17:19:13] andy: can you remind me of the stop and target prices for the 15min
[17:20:04] jordan: sl 137.14 & tp 139.27
Published on Mon, Dec 8 2008, 17:30 GMT
1
1
Daily Forex Signal
Wed, Dec 3 2008, 19:54 GMT
by Jordan Lindsey
Hello all,
Spec stopped out bringing us to 2% today.
We have a buy signal today.
The 4hr drop in Conquer trade was 1,000 pips into profit and currently +931.
My best,
Jordan
Drop In entry at 16:00 GMT on 11.25.2008
The 1st order on the drop in also took profit (+250 pips) and the 2nd order is
currently +931 pips (stop is now break even now (or entry price).
Published on Wed, Dec 3 2008, 19:54 GMT
3
4
Daily Forex Signal
Tue, Dec 2 2008, 18:54 GMT
by Jordan Lindsey
Hello all,
Old faithful (Spec) took profit again on the 1% leaving us out 1% again for today.
We have a sell signal today.
My best,
Jordan
Published on Tue, Dec 2 2008, 18:54 GMT
4
0
Daily Forex Signal
Mon, Dec 1 2008, 16:57 GMT
by Jordan Lindsey
Hello all,
Spec took profit again on the 1% leaving us out 1% again for today.
The 1st order on the drop in also took profit (+250 pips) and the 2nd order is
currently +768 pips (move stop to break even now).
Published on Mon, Dec 1 2008, 16:57 GMT
1
0
Daily Forex Signal
Wed, Nov 26 2008, 22:53 GMT
by Jordan Lindsey
Hello all,
Spec took profit again on the 4% bringing us back to 1% now.
Drop In working towards it's tp (once to stop moved to break even on the 2nd
piece).
No trades tonight since tomorrow is Thanksgiving in the US.
Happy Thanksgiving!
My best,
Jordan
Published on Wed, Nov 26 2008, 22:53 GMT
1
0
Daily Forex Signal
Tue, Nov 25 2008, 03:23 GMT
by Jordan Lindsey
Hello all,
Spec stopped out on our 2nd 4% so we are back to our 1st 4% for today.
Nice trading today Andy.
We have a sell order today at 4%
See below for the upcoming Conquer drop in trade (4 hr).
My best,
Jordan
Published on Tue, Nov 25 2008, 03:23 GMT
0
0
Forex Signals
Wed, Jun 4 2008, 16:06 GMT
by Jordan Lindsey
Wed June 4, 2008
Hey Everyone,
Orders 1 on the Anomaly stopped out while order 2 took profit (cancel order 3 as it will not trigger) and buy orders on the Speculative also stopped out (cancel the sell order now too).
Conquer - We again have the Stoch below the 30 level with the True Trend still Green so the next higher reading of the Stoch will signal a buy Drop In entry (we will have two open Drop In positions at this time).
-Jordan
Published on Wed, Jun 4 2008, 16:06 GMT
0
0
Forex Signals
Thu, May 29 2008, 13:58 GMT
by Jordan Lindsey
Thur May 29, 2008
Hi Everyone,
Anomaly and Speculative both took profits again last night with Order 2 (Reserve) and the Speculative sell order still open.
Both the Conquer ZLC (+403 pips) and Drop In (+227 pips on order 2) continued to move deeper into profit.
Published on Thu, May 29 2008, 13:58 GMT
0
0
Forex Signals
Wed, May 28 2008, 20:37 GMT
by Jordan Lindsey
Wed May 28, 2008
ey Everyone,
Anomaly and Speculative both took profits last night and both the Conquer ZLC (+331 pips) and Drop In (+158 pips on order 2) continued to move deeper into profit.
We will have buy orders on the Anomaly and buy/sell on the Speculative today.
Published on Wed, May 28 2008, 20:37 GMT
0
0
Forex Signals
Tue, May 27 2008, 18:21 GMT
by Jordan Lindsey
Hey Everyone,
A quiet day so far with only Order 2on the Anomaly triggering and currently open at -3 pips and the short on the Spec which is currently 29 pips into profit.
These trades will be exited at 0:00 GMT.
Published on Tue, May 27 2008, 18:21 GMT
0
0
Forex Signals
Thu, May 22 2008, 18:58 GMT
by Jordan Lindsey
Thur May 22, 2008
Hi Everyone,
We had a buy Drop In entry (see below) which already hit it's 1st target, order 1 on the Anomaly stopped out as well as the Sell order on the Speculative. Cancel all open orders now or by 0:00 GMT.
Published on Thu, May 22 2008, 18:58 GMT
0
0
Forex Signals
Wed, May 21 2008, 19:16 GMT
by Jordan Lindsey
Hi Everyone,
Good morning everyone. We are watching the Conquer as a Buy Drop In entry is setting up.
Order 1 on the Anomaly stopped out and also the buy order on the Speculative. Cancel all open orders by 0:00 GMT.
Order
Published on Wed, May 21 2008, 19:16 GMT
0
0
Forex Signals
Tue, May 20 2008, 20:55 GMT
by Jordan Lindsey
Tue May 20, 2008
Hi Everyone,
Good morning. Order 1 stopped out on the Anomaly with Order 2 taking profit minimizing the loss. The Sell order on the Speculative also stopped out.
The Buy order in the Spec and Order 3 can now be canceled as they are too far to trigger by 0:00 GMT today.
Today we will have buy orders on the Anomaly (sell in the Reserve on order 2) and buy/sell orders on the Speculative.
Published on Tue, May 20 2008, 20:55 GMT
0
0
Forex Signals
Mon, May 19 2008, 18:07 GMT
by Jordan Lindsey
Hi Everyone,
We had Order 1 take profit on the Anomaly with Order 2 currently open and about 20 pips from the target. The Sell order on the Speculative also took profit without the Buy ordering triggering. All open orders will be canceled at 0:00 GMT and if there are any open trades at that time they will be closed as well.
Published on Mon, May 19 2008, 18:07 GMT
0
0
Forex Signals
Wed, May 14 2008, 21:37 GMT
by Jordan Lindsey
Hi Everyone,
The EUR/USD trade is still open.
No new signals today. We need for each bar to work themselves their current moves which are in the direction of the trend for each to take a new position.
Published on Wed, May 14 2008, 21:37 GMT
0
0
Forex Signals
Thu, May 8 2008, 20:57 GMT
by Jordan Lindsey
Hi Everyone,
Yesterday's GBP/USD is currently open (+8 pips)
Today we have new orders on the EUR/USD and USD/JPY today. They both
have no targets as the positions will be added to as they move into profit.
Orders are set to cancel in 24 hours if they have not triggered.
Published on Thu, May 8 2008, 20:57 GMT
0
0
Today's Signals on the Majors
Mon, May 5 2008, 18:08 GMT
by Jordan Lindsey
Hi Everyone,
Orders are set to cancel in 24 hours if they have not triggered.
I hope you all have a beautiful day!
Published on Mon, May 5 2008, 18:08 GMT
0
0
GBP/JPY Trade
Wed, Apr 30 2008, 19:56 GMT
by Jordan Lindsey
Conquer:
Zero Line Cross Buy entry at 20:00 GMT on 4.29.2008
The trade has moved +189 pips into profit so far and we now have some breathing room between the Zero Line.
Sure makes trading the Fed easy when you take the emotion out of trading.
Published on Wed, Apr 30 2008, 19:56 GMT
0
0
Reversing Long on GBP/JPY
Tue, Apr 29 2008, 20:08 GMT
by Jordan Lindsey
Conquer:
Zero Line Cross Buy entry at 20:00 GMT on 4.29.2008
Now that the True Trend is green and the Stoch is below the 30 level the next
higher reading on the Stoch is a buy Drop In entry.
Published on Tue, Apr 29 2008, 20:08 GMT
0
0
New GBP/JPY Sell Positon
Tue, Apr 29 2008, 17:52 GMT
by Jordan Lindsey
Conquer:
Zero Line Cross entry at 12:00 GMT on 4.22.2008
Published on Tue, Apr 29 2008, 17:52 GMT
0
0
GBP/JPY Trading
Fri, Apr 25 2008, 20:56 GMT
by Jordan Lindsey
Conquer:
Zero Line Cross entry at 12:00 GMT on 4.22.2008
The Buy ZLC is beginning to move above the zero line with some breathing room
(currently +206 pips into profit).
I hope you have a wonderful weekend!
Published on Fri, Apr 25 2008, 20:56 GMT
0
0
GBP/JPY Buy Signal
Tue, Apr 22 2008, 22:56 GMT
by Jordan Lindsey
Tue Apr 22, 2008
We have a full position exit on the sell Zero Line Cross at 0:00 GMT as the True Trend crossed to the upside and a new Buy entry for a Zero Line Cross to the
upside.
Very important to stay with all of the Zero Line Crosses because once they hold it can be for months and thousands of pips (can make the year on a
return).
Published on Tue, Apr 22 2008, 22:56 GMT
0
0
GBP/JPY Sell Entry
Mon, Apr 21 2008, 20:26 GMT
by Jordan Lindsey
Hi Everyone,
We have a full position exit on the long Zero Line Cross at 0:00 GMT as the True Trend crossed to the downside and a new Short entry for a Zero Line Cross to the downside.
Very important to stay with all of the Zero Line Crosses because once they hold it can be for months and thousands of pips (can make the year on a return).
Published on Mon, Apr 21 2008, 20:26 GMT
0
0
GBP/JPY Buy Entry
Fri, Apr 18 2008, 23:45 GMT
by Jordan Lindsey
Zero Line Cross entry at 12:00 GMT on 4.18.2008
I did not like that super big up price bar on the previous bar to the signal but I have
learned I do not know better and always better to follow the system in place.
Published on Fri, Apr 18 2008, 23:45 GMT
0
0
GBP/JPY 4hr entry
Thu, Apr 17 2008, 16:34 GMT
by Jordan Lindsey
Thur Apr 17, 2008
Published on Thu, Apr 17 2008, 16:34 GMT
0
0
GBP/JPY Forecast
Wed, Apr 16 2008, 23:31 GMT
by Jordan Lindsey
Wed Apr 16, 2008
Published on Wed, Apr 16 2008, 23:31 GMT
0
0
Eur/Usd Trading
Mon, Apr 14 2008, 18:56 GMT
by Jordan Lindsey
Mon Apr 13, 2008
Published on Mon, Apr 14 2008, 18:56 GMT
0
0
Gbp/Jpy Trading
Sun, Apr 13 2008, 21:22 GMT
by Jordan Lindsey
We are watching the GBP/JPY for a long entry.
Published on Sun, Apr 13 2008, 21:22 GMT
0
0
Gbp/Jpy
Mon, Apr 7 2008, 16:58 GMT
by Jordan Lindsey
Also watching the GBP/JPY here on the Weekly time frame.
We are going to wait for price to retrace on the daily before taking a long
position. The retrace started on Friday and we are now looking at the 4 Hour
time frame for an entry.
Published on Mon, Apr 7 2008, 16:58 GMT
0
0
Gbp/Jpy
Sat, Apr 5 2008, 04:46 GMT
by Jordan Lindsey
Also watching the GBP/JPY here on the Weekly time frame.
We are going to wait for price to retrace on the daily before taking a long
position. The retrace started on Friday and we are now looking at the 4 Hour
time frame for an entry.
Published on Sat, Apr 5 2008, 04:46 GMT
0
0
GBP/JPY
Wed, Apr 2 2008, 17:27 GMT
by Jordan Lindsey
We are watching the GBP/JPY here on the Weekly time frame.
position.
Published on Wed, Apr 2 2008, 17:27 GMT
0
0
Thur Mar 27, 2008
Thu, Mar 27 2008, 16:11 GMT
by Jordan Lindsey
Hello all,
I am traveling to Indiana today and will miss the 0:00 GMT signal period today.
Use the spreadsheets for the Anomaly & Speculative by clicking FILE > Copy
Spreadsheet and renaming it your user name. Include the opening price of
GBP/JPY at 0:00 GMT, the current price of GBP/USD and your account balance.
Spreadsheets located on the right side of the JCLsFX Update in the Member
Area.
_______________________________________________________________
Forex Trading System: signals
We have no open trades currently, make sure you have no open orders too.
Anomaly:
New orders today at 0:00 GMT
Conquer:
New Drop In entry setting up
Speculative:
New orders today at 0:00 GMT
For those just getting started you will find this helpful.
New page in the Forex Trading Education section on the Forex Trading Systems
we trade and how they work together.
Receive this update to your inbox or rss feed.
Published on Thu, Mar 27 2008, 16:11 GMT
0
0
Forex Trading System
Wed, Mar 26 2008, 17:13 GMT
by Jordan Lindsey
Forex Trading System: signals
Anomaly:
Order 1 took profit and Order 2 stopped out, cancel all open orders.
Conquer:
New Drop In entry at 12:00 GMT
Speculative:
Buy Order stopped out, cancel the Sell Order
or those just getting started you will find this helpful.
New page in the Forex Trading Education section on the Forex Trading Systems
we trade and how they work together.
Receive this update to your inbox or rss feed.
Published on Wed, Mar 26 2008, 17:13 GMT
0
0
Forex Trading
Mon, Mar 24 2008, 17:36 GMT
by Jordan Lindsey
Hi Everybody,
I hope you all had a really nice weekend with your families and loved ones.
New orders on both the Anomaly and Speculative today at 0:00 GMT.
_______________________________________________________________
Anomaly:
New buy orders today at 0:00 GMT.
Conquer:
No open trades currently
Speculative:
New buy/sell orders today at 0:00 GMT
Published on Mon, Mar 24 2008, 17:36 GMT
0
0
Update
Thu, Mar 20 2008, 18:01 GMT
by Jordan Lindsey
Forex Trading System. Signal/update
Anomaly:
New orders today at 0:00 GMT
Conquer:
No open trades currently
Speculative:
New orders today at 0:00 GMT
Published on Thu, Mar 20 2008, 18:01 GMT
0
0
Signal update
Mon, Mar 17 2008, 01:11 GMT
by Jordan Lindsey
Hello all,
___________________________________________________________________
Conquer:
Drop In entry from 3.12.2008 at 08:00 GMT
Order 1 took profit (+200 pips at 4.5%), Order 2 took profit (+444 pips at 3%) and
Order 3 is currently open (+509 pips at 1.5%)
Published on Mon, Mar 17 2008, 01:11 GMT
0
0
FOREX Trading!
Fri, Mar 14 2008, 17:03 GMT
by Jordan Lindsey
Hello Everyone,
Great week, I hope you all enjoy your weekend!
___________________________________________________________________
Anomaly:
Order 1 took profit and Order 2 stopped out. (I actually also had Order 3 stop
out since I was not able to cancel all remaining order in time and still was left in
profit for the day.)
Conquer:
Drop In entry from 3.12.2008 at 08:00 GMT
Order 1 took profit (+200 pips at 4.5%) and Order 2 is currently open (+164
pips)
Speculative:
Orders 1 & 2 both took profit.
___________________________________________________________________
Topics to discuss: Trading Education
What is the basis for the Forex Trading Systems we trade? - added today
Published on Fri, Mar 14 2008, 17:03 GMT
0
0
JCLsFX: Signal System Update
Wed, Mar 12 2008, 21:46 GMT
by Jordan Lindsey
Hello Everyone,
Anomaly:
Order 1 took profit and Order 2 was stopped out, cancel all open orders.
Conquer:
New Drop In entry at 08:00 GMT (currently +90 pips)
Speculative:
Order 1 and 2 took profit. EUR/USD stopped out.
Published on Wed, Mar 12 2008, 21:46 GMT
0
0
JCLsFX: Trade Update
Mon, Mar 10 2008, 16:38 GMT
by Jordan Lindsey
Conquer:
Open Drop In trade from 3/10/2008
Order 1 is currently open +130 pips.
Open Drop In trade from 2/27/2008
Order 1 took profit (200 pips at 4.5%), Order 2 took profit (+444 pips) and
Order 3 is currently open (+121 pips).
Published on Mon, Mar 10 2008, 16:38 GMT
0
0
Forex Trading System
Sun, Mar 9 2008, 23:45 GMT
by Jordan Lindsey
Hello Everyone,
Due to Day Light Savings time Oanda will be tighten it spreads now back at 0:00 GMT on Monday instead of 01:00 GMT. (let's all check to confirm this today!)
So all of today's trades will take place at 0:00 GMT
Anomaly:
New buy order today at 0:00 GMT
Conquer:
New Drop In short entry today at 0:00 GMT
Speculative:
New orders today at 0:00 GMT (Order 1 buy & Order 2 sell)
Published on Sun, Mar 9 2008, 23:45 GMT
0
0
Currency Forex System Trading
Tue, Mar 4 2008, 00:17 GMT
by Jordan Lindsey
Hello Everyone,
Be on the look out for an addition to the Speculative account today (we will be
starting tomorrow - documentation is done and found in the Rules & Methods).
Anomaly:
We have a new buy order today at 0:00 GMT
Conquer:
Order 1 took profit (200 pips at 4.5%), Order 2 took profit (+444 pips) and
Order 3 is currently open (+109 pips).
Published on Tue, Mar 4 2008, 00:17 GMT
0
0
FX Trading, FX Trading System
Mon, Mar 3 2008, 00:52 GMT
by Jordan Lindsey
Conquer:
Order 1 took profit (200 pips at 4.5%), Order 2 took profit (+444 pips) and
Order 3 is currently open (+173 pips).
Published on Mon, Mar 3 2008, 00:52 GMT
0
0
Conquering The Markets
Thu, Feb 28 2008, 20:03 GMT
by Jordan Lindsey
Hello Everyone,
Conquer:
Order 1 took profit (200 pips at 4.5%) and Order 2 currently open (+144 pips).
Published on Thu, Feb 28 2008, 20:03 GMT
0
0
JCLsFX: Good News From the Fed
Thu, Feb 21 2008, 21:45 GMT
by Jordan Lindsey
Hello all,
Finally some good news from the Fed. I am glad to hear they are ready to raise rates in order to protect against the growing inflation we are experiencing.
Some officials also considered that a reversal of the rate cuts may be needed once the economy stabilizes, the minutes showed. Gross domestic product expanded 0.6 percent in the fourth quarter, matching the slowest pace in five years.
“They’d love to raise rates by the end of the year,” said Vincent Reinhart, former director of the Fed Board’s Division of Monetary Affairs. “They could only do it if the slowdown had been short-lived, of course.”
Some members noted “when prospects for growth had improved, a reversal of a portion of the recent easing actions, possibly even a rapid reversal, might be appropriate,” said the minutes, released in Washington today. Still, policy makers didn’t see their rate cut as adding to inflation pressures given the weakness in growth. “Members agreed that inflation was likely to moderate in coming quarters.”
Feb. 20 (Bloomberg) — Federal Reserve officials said “relatively low” interest rates may be needed for some time as they cut their growth forecast and voted for the fastest easing of monetary policy in two decades.
Anomaly
Order 1 stopped out. All open limit orders are now canceled.
You can sign up here to receive these Forex Trading Signals by email here.
Published on Thu, Feb 21 2008, 21:45 GMT
0
0
JCLsFX: EUR/USD Trading
Tue, Feb 19 2008, 22:52 GMT
by Jordan Lindsey
Hello all,
We have a speculative entry on the EUR/USD today.
Speculative - EUR/USD
- New sell entry today at 0:00 GMT for 20% of the Speculative sub-account.
Market entry, stop at 1.4967, no target price.
This trade is risking approximately 1.8% of the total account.
- New sell entry today at 0:00 GMT for 20% of the Speculative sub-account.
Market entry, stop at 1.4967, no target price.
This trade is risking approximately 1.8% of the total account.
Published on Tue, Feb 19 2008, 22:52 GMT
0
0
Signal update
Mon, Feb 18 2008, 22:05 GMT
by Jordan Lindsey
Hello all,
The markets are at what seems to be a stand still due to the President's day holiday.
Anomaly
Order 1 took profit and order 2 stopped out. All limit orders are now canceled.
Published on Mon, Feb 18 2008, 22:05 GMT
0
0
JCLsFX: Thursday, February 14th, 2008
Wed, Feb 13 2008, 23:33 GMT
by Jordan Lindsey
Hello everyone,
Anomaly
The 1st, 2nd and 3rd targets have been reached.
Conquer
We have a Conquer entry today at 0:00 GMT as the stoch which is above the 70 level will be making a lower reading with the True Trend still Red.
Conquer - GBP/JPY
(entries occur on four hour intervals)
- Zero Line Cross:
New entry today at 0:00 GMT.
Drop In:
No open trades currently
Anomaly - GBP/JPY
(all entries occur at 0:00 GMT)
LONG:
New entry today at 0:00 GMT.
- SHORT:
No open trades currently
No open trades currently
- - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Published on Wed, Feb 13 2008, 23:33 GMT
0
0
Profit from the Falling Dollar
Fri, Feb 8 2008, 23:08 GMT
by Jordan Lindsey
The dollar has recently fallen to an all time low against the euro and one of the worst scenarios for the world economy for the last few years has involved a dollar crash. Is it time to prepare for that crash now?
We must ask ourselves, what would cause a dollar crash? It would have to involve America’s dependence on foreign capital it’s most dangerous vulnerability. America’s dependence on foreign capital has lead to its large deficits. Do the US deficits threaten its and global financial stability? So long as the US remains the most attractive foreign investment destination in the world t can sustain such large deficits. However, if some event would occur, like say a crisis in the American financial markets that would spook foreign investors and cause them to ditch the dollar fast then the dollar will tumble.
USD Forecast - read the rest of the article here.
Published on Fri, Feb 8 2008, 23:08 GMT
0
0
Forex Trading Signal, EUR/USD Trading
Thu, Feb 7 2008, 20:56 GMT
by Jordan Lindsey
Hello everyone,
The Speculative trade is well into profit and we will set a TP and tighten the stop today at 0:00 GMT.
Speculative -
EUR/USD - Maybe it's just the proud American in me but we are watching to go long the dollar.
EUR/USD:
date: 1/30/2008
short entry: 1.4835
stop: 1.4732
target: none
currently: +336 pips
date: 2/6/2008
short entry: 1.4636
stop: 1.4732
target: none
currently: +145 pips
This trade is the same amount of Units as the 1st position and the stop is set to their avg price (break-even)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Published on Thu, Feb 7 2008, 20:56 GMT
0
0
Signal Update
Tue, Feb 5 2008, 18:15 GMT
by Jordan Lindsey
Hello everyone,
Order 2 on the Anomaly was stopped out for a -30 pip loss (orders 3-7 canceled).
Anomaly - GBP/JPY
(all entries occur at 0:00 GMT)
LONG:
No open trades currently
SHORT:
No open trades currently
Published on Tue, Feb 5 2008, 18:15 GMT
0
0
2008 Performance Record
Mon, Feb 4 2008, 19:21 GMT
by Jordan Lindsey
January Review:
2008 has begun and our goals are laid out for the year. Increase our return from last year and decrease our draw down while doing it.
In January the account lost -1.6% total.
Published on Mon, Feb 4 2008, 19:21 GMT
0
0
Forex Trading
Fri, Feb 1 2008, 06:46 GMT
by Jordan Lindsey
Hello everyone,
Conquer:
Open position see below.
Anomaly:
Order 2 stopped out, orders 3-7 canceled.
Conquer - GBP/JPY
(entries occur on four hour intervals)
Zero Line Cross: -
No open trades currently
Drop In: - GBP/JPY
short entry: 1/31/2008 at 00:00 GMT
order 1
entry price: 210.71
stop: 213.65
target: 208.71
currently: -73 pips
order 2
limit order: 208.63
stop: 210.13
target: 204.19
order 3
limit order: 204.11
stop: 205.61
target: none
Published on Fri, Feb 1 2008, 06:46 GMT
0
0
A Peek at the JCLsFX Update from my Trading Group
Wed, Jan 30 2008, 18:38 GMT
by Jordan Lindsey
Hello everyone,
The Anomaly trade is currently -100 pips (Long) and we have a Drop In entry(Short)on the Conquer. This does create a hedge for us, which hopefully works out to our benefit rather than both trades getting stopped out together.
We can only have trades in the same direction with both Anomaly and Conquer when they are short.
Conquer:
We have a sell Drop In entry.
Anomaly:
We have a buy on the Anomaly today.
Adjustment:
The Drop just got simpler and more effective and locking in profits on Order 1. Read in the Member Area -Rules & Methods - Conquer - Drop In
Speculative:
EUR/USD - Maybe it’s just the proud American in me but we are watching to go long the dollar.
You can learn more about my forex trading group here.
Published on Wed, Jan 30 2008, 18:38 GMT
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Trading Signal Update
Mon, Jan 28 2008, 05:12 GMT
by Jordan Lindsey
Conquer -
GBP/JPY (entries occur on four hour intervals)
Zero Line Cross: -
No open trades currently
Drop In: -
entry date: 1/25/2007 at 16:00 GMT
entry price (short): 212.38
stop: 212.38 (214.00 original)
exits: 1st, 2nd, 3rd
currently: +260 pips
Published on Mon, Jan 28 2008, 05:12 GMT
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Signal Update
Sun, Jan 27 2008, 22:40 GMT
by Jordan Lindsey
Conquer:
Stops moved to break-even on the Conquer trades now.
Conquer -
GBP/JPY (entries occur on four hour intervals)
Zero Line Cross: -
No open trades currently
Drop In: -
entry date: 1/25/2007 at 16:00 GMT
entry price (short): 212.38
stop: 212.38 (214.00 original)
exits: 1st, 2nd, 3rd
currently: +56 pips
Published on Sun, Jan 27 2008, 22:40 GMT
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Trading The GBP/JPY
Sat, Jan 26 2008, 00:45 GMT
by Jordan Lindsey
Hello everyone,
Stops moved to break-even on the Conquer trades now.
Conquer:
We had the Drop In Entry at 16:00 GMT (I am about an hour late and 50 pips on my entry).
Conquer -
GBP/JPY (entries occur on four hour intervals)
Zero Line Cross: -
No open trades currently
Drop In: -
entry date: 1/25/2007 at 16:00 GMT
entry price (short): 212.38
stop: 212.38 (214.00 original)
exits: 1st, 2nd, 3rd
currently: +97 pips
Published on Sat, Jan 26 2008, 00:45 GMT
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Forex Signals
Wed, May 21 2008, 19:16 GMT
by Jordan Lindsey
Hi Everyone,
Good morning everyone. We are watching the Conquer as a Buy Drop In entry is setting up.
Order 1 on the Anomaly stopped out and also the buy order on the Speculative. Cancel all open orders by 0:00 GMT.
Published on Thu, Jan 24 2008, 18:14 GMT
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Today's Signal
Wed, Nov 29 2006, 23:20 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9535
Stop: 1.9535
Take Profit +79 pips
Published on Wed, Nov 29 2006, 23:20 GMT
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Today's Signal
Wed, Nov 29 2006, 18:31 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9535
Exit: 1.9535
Currently +91 pips
Published on Wed, Nov 29 2006, 18:31 GMT
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Today's Signal
Wed, Nov 29 2006, 16:29 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9535
Exit: 1.9563*
* Move Stop to breakeven 1.9535
Currently +69 pips
Published on Wed, Nov 29 2006, 16:29 GMT
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Today's Signal
Wed, Nov 29 2006, 00:21 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9535
Exit: 1.9563
*Aggressive trade w/ tight stop
Published on Wed, Nov 29 2006, 00:21 GMT
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Today's Signal
Mon, Nov 27 2006, 05:28 GMT
by Jordan Lindsey
GBP/USD - Buy
Entry: 1.8941
Exit: 1.9354
Total: +413 pips
Published on Mon, Nov 27 2006, 05:28 GMT
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Today's Signal
Sat, Nov 25 2006, 19:09 GMT
by Jordan Lindsey
GBP/USD - Buy
Entry: 1.8941
Stop: 1.9041*
Move stop move to 1.9284
Currently: +454 pips
Published on Sat, Nov 25 2006, 19:09 GMT
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Today's Signal
Wed, Nov 22 2006, 16:43 GMT
by Jordan Lindsey
GBP/USD - Buy
Entry: 1.8941
Stop: 1.8941*
Move stop move to 1.9041
Currently: +197 pips
Published on Wed, Nov 22 2006, 16:43 GMT
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Today's Signal
Tue, Nov 21 2006, 20:43 GMT
by Jordan Lindsey
GBP/USD - Buy
Entry: 1.8941
Stop: 1.8911*
Move stop move to 1.8941
Currently: +57 pips
Published on Tue, Nov 21 2006, 20:43 GMT
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Today's Signal
Sun, Nov 19 2006, 23:50 GMT
by Jordan Lindsey
GBP/USD - Buy
Entry: 1.8941
Stop: 1.8911
Published on Sun, Nov 19 2006, 23:50 GMT
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Today's Signal
Fri, Nov 10 2006, 19:28 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9064
Stop: 1.9064
Stop hit + 0 pips
Published on Fri, Nov 10 2006, 19:28 GMT
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Today's Signal
Thu, Nov 9 2006, 16:13 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9064
Stop: 1.9132*
Currently + 51 pips
*Move stop to break even at 1.9064
Published on Thu, Nov 9 2006, 16:13 GMT
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Today's Signal
Thu, Nov 2 2006, 00:36 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9073
Stop: 1.9105
Published on Thu, Nov 2 2006, 00:36 GMT
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Today's Signal
Wed, Nov 1 2006, 18:05 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9067
Stop: 1.9117
Stop hit -50 pips
This is exactly why we use stops to keep our losses small.
A close below the opening will call for another short today as we will have a hangman candle today at resistance.
A break of this resistance will lead to longs in the days ahead.
Published on Wed, Nov 1 2006, 18:05 GMT
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Today's Signal
Wed, Nov 1 2006, 03:34 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.9067
Stop: 1.9117
Published on Wed, Nov 1 2006, 03:34 GMT
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Today's Signal
Wed, Nov 1 2006, 00:02 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.8998
Stop: 1.9056
Stop hit -58 pips
Published on Wed, Nov 1 2006, 00:02 GMT
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Today's Signal
Mon, Oct 30 2006, 23:37 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.8998
Stop: 1.9056
Published on Mon, Oct 30 2006, 23:37 GMT
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Today's Signal
Fri, Oct 20 2006, 16:24 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.8729
Stop: 1.8812
Stop hit: -83 pips
Published on Fri, Oct 20 2006, 16:24 GMT
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Today's Signal
Thu, Oct 19 2006, 01:05 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.8729
Stop: 1.8812
Currently: +56 pips
Published on Thu, Oct 19 2006, 01:05 GMT
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Today's Signal
Tue, Oct 17 2006, 16:03 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.8729
Stop: 1.8812
Published on Tue, Oct 17 2006, 16:03 GMT
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Today's Signal
Mon, Oct 16 2006, 00:05 GMT
by Jordan Lindsey
GBP/USD - Sell
Entry: 1.8884
Stop: 1.8802 *Stop has moved from 1.8922 to 1.8802
Take profit +342 pips
Published on Mon, Oct 16 2006, 00:05 GMT
Archive
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JCL Capital Inc.
| 26-62 30th St. Astoria, NY 11102
http://www.jclcapital.com | jordan@jclcapital.com
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