40-100 pips per day LIVE TRADING

[zenocorp]

Originally Posted by Aziz Mohamad

Hi James,

Besides showing the chart can you also show your Entry and Exits.
The chart on its own does not tell you much.
I am sure all of the participants and the general public would appreciate it.
They would like to know how you got 220 pips today?

You mention that you took 220 pips profit today but you are showing only one chart.
Where is the other one.
Can you please mark your Entry and Exit on the charts. Thanks.

Aziz

i think you should refer to page 1..there are some info regarding the entry,

[james]

Hi there James here

What happened today
Eurozone retail sales released earlier today was a big disappointment, dropping -0.4% mom, -2.8% yoy in Jul. Eurozone Q2 GDP showed -0.2% qoq contraction, dragging yoy rate down to 1.5%. Services PMI recovered mildly to 48.5 in Aug. UK Services PMI unexpected improve to 49.2 in Aug but remains below 50. Nationwide consumer confidence which improved mildly to 52 in Aug but remains near to 4 years low. Australian Q2 GDP decelerated more than expected from downwardly revised 3.3% yoy to 2.7% yoy.

Here are some trades we today in the live lounge

Blue stop loss
orange entry
Red take frofit

total 140 pips

[scottik187]

Hi all -

just joined the site.

I'm a long time share and index trader...however due to work comittments I can no longer trade those markets properly...so im looking into FX!

James, your system looks good, I am going to test it out over the next few days, and I will be joining your group monday week, as i have comittments until then that will not allow me enough time to devote to properly learning your system.

happy trading

[james]

Originally Posted by scottik187

Hi all -

just joined the site.

I'm a long time share and index trader...however due to work comittments I can no longer trade those markets properly...so im looking into FX!

James, your system looks good, I am going to test it out over the next few days, and I will be joining your group monday week, as i have comittments until then that will not allow me enough time to devote to properly learning your system.

happy trading

Hi there Scott

Great let me no how you get on.

Regards

James

[james]

Hi there James here

Well today was another good day in the live lounge took 3-4 good trades 1 good news trade so all in all ok

ECB left rates unchanged at 4.25% as widely expected.Trichet once again tried to sound hawkish, noting that upside risks to price stability had been confirmed by recent data and stressing the need to avoid broad-based second-round effects. Regarding growth, Trichet said that down risks to growth prevail and Eurozone is undergoing an "episode of weak activity." In the the Q&A session, Trichet said that ECB has no bias at the moment. Staff projections for 2008 GDP growth was lowered from 1.5-2.1% to 1.1-1.7% and that of 2009 was changed from 1.0-2.0% to 1.6-1.8%. Inflation forecasts was revised from 3.2-3.6% to 3.4-3.6% in 2008 and 1.8-3.0% to 2.3-2.9% in 2009.
BoE left rates unchanged at 5.0% as widely expected. No statement was issued and focus will turn to minutes to be published on Sep 17. Data from US saw ADP employment dropped -33k in Aug versus expectation of -30k. Jobless claims jumped to 444k. Q2 labor cost was revised down to -0.5% while productivity was up to 4.3%. Data released in European session saw UK Halifax house price dropped more by -10.9% yoy in Aug. Germany Factory orders dropped -1.7% mom, -0.7% yoy in Jul. ISM non-manufacturing index, Natural Gas Storage and Crude inventories will be released later in the US session.

Tomorrow is the big news day with non-farmpayrol so hang on to your wallets.

Sould be able to get a few trades out of it see you all tomorrow

Below are some of the trades we did today

Cheers for now

[james]

Hi there James here


Some great trades today in the live lounge members who took the GBP/JPY made upto 200 pips and on the pound we took a couple of small tareds for around 40 -80 pips the NFP was ok got stopped out for 15 pips on retrace but some managed to get 30-50 pips on 2nd and 3rd trade on NFP , as for this week overall a good week next week sould be better.

Live Lounge








IB SYSTEM




Having had a great responce to the 40-100 pips aday trading system.

I was asked if is was possible to start a live trading group.

So i did

I am doing this from 7.00 am GMT UK time until around 3.30pm GMT UK time were you can trade live with me each day Tuesday to Friday in a members lounge.Dont worry if you can't attend every day as the info is repeated weekly and you have video's for refrence.


Training with live charts and step by step interactive guidance learning how to trade the system including,


A. / How to Know exactly when to place your entry order
B. / How to Know exactly when to place you stop loss
C. / How to Know exactly when to place your profit objective

Training session's live on screen in real time after the morning session in the Live lounge plus video's so you can go over the trade set ups again and again and live screen recording of training sessions.

New Traders welcome / trade demo / Live / at your own pace


Please read the system on my other thread 1st

Between 40-100 pips per Day


Also

News Trading

Possible to make exrta pips

ON LIVE NEWS TRADES





Limited space avalible to register email me on

ibsystem@hotmail.co.uk

[nyrdarren]

James are you going to be in the room next week or you going on vacation? Also Tuesday not monday is when your room is open for the week correct?

[james]

Originally Posted by nyrdarren

James are you going to be in the room next week or you going on vacation? Also Tuesday not monday is when your room is open for the week correct?

Hi there

I am in the room tuesday to friday ,not going away on holiday yet also the room is open 24 hrs aday

[james]

Hi there James here

Well 3 good trades today for over 80 pips not as good as yesterday on the £/$ but still good

So today
Dollar remains firm throughout the day, supported by oil's dip below $114 level. Hurricane Ike seems to be heading south of Gulf Coast and is expected to miss key oil and gas installations. Saudi Oil Minister Ali Naimi suggested that Saudi prefers not to tighten oil supply. Kuwait's oil minister Mohammed Abdullah Al-Aleem also said that there is no need for OPEC to cut production. Technically speaking, the greenback is still in up trend with the dollar index continuing to press 80 level. While the trend is still clear in EUR/USD, GBP/USD and USD/CHF, outlook in USD/JPY remains mixed as strength in both dollar and yen are countering each other.
Data from US saw pending home sales dropped more than expected by -3.2% mom in Jul, wholesale inventories rose more than expected by 1.4% in Jul. Canadian housing starts rose to 211k in Aug.
Sterling paid little attention to worse than expected data from the UK. Industrial production dropped more than expected by -0.4% mom, -1.9% yoy in Jul. Manufacturing production dropped -0.2% mom, -1.4% yoy. RICS house price balance improved a bit from -83% to -81% while BRC retail sales monitor showed -1.0% contraction.





Regards


James

[pintodave]

Hey James!!

Its "David C"

My first profitable day!! Not a huge deal for many, but a big deal to me.

I ended up net 34 pips today! I am stopping while I am ahead.

I made some mistakes and by not freaking out and (trying) to stick to the rules, I had a little bit of success.

Thankyou James and everyone else at babypips!