Through a developed, tried and tested FX trading strategy, FX Challenge aims to generate profits in the world of FX markets. Take a look:
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LP
Profit
DAX Index Trade Alert – Set Take Profit Limit
The other day, I released a DAX Index Trade alert to take advantage of a possible move higher over the next two months after the massive collapse we have recently seen. With the European Central Bank meeting to discuss the economic environment and the US releasing some key economic data in the form of the non-farm payrolls, volatility will be high. I am looking to take advantage of this by setting a limit order to take profits at a higher level. Read the full Order Alert below:
DAX Take Profit Limit Order 03.9.15
*Change to Profit Taking Level – VISA
I issued a take profit alert on Visa on the 21st July to take profits on this open trade alert with a limit price of $9.30. The stock fell away in the sessions that followed this release and the limit price set was not filled. Overnight, Visa reported an increase in profit for the third quarter and the stock has rallied in the after hours trading session. The stock has traded up $ or xx% in after hours trade.
I am revising the limit order set on the take profit alert. Please see full report below:
V Change Take Profit 24.7.15
Taking Profit – Visa – 5 days – 32.86% return!
Hi all,
Please see take profit alert on Visa below.
Interested in getting exposure to these trade alerts? Please call or email me through the Contact page.
LP
V Take Profit 21.7.15.docx
Take Profit Alert – Facebook 15.7.15
Recently we entered a trade on Facebook. We are looking to close this trade with a 25% return on the option purchase.
Take Profit Alert below:
FB Take Profit Trade Alert 15.7.15
+49.23% – TAKE PROFIT ON DAX TRADE ALERT
These guys made $10k in one afternoon!
Moral of the story: Get rich quick schemes don’t work. Invest wisely. It not about timing the market, it’s about your time in the market.
30 years equals about 11,000 days. One might assume that eliminating a few of those days would have little impact on investment performance during that time. Yet, if the ten best days of the S&P 500 Index for the period 1983- 2013 are excluded, the average annual return drops from 8.40% to 5.80%. If the twenty best days are excluded, the average annual return drops to 4.09%.
If individual days can affect performance so dramatically, then why not be in the market for the good ones and out for the bad ones? Far easier said than done. Many investors try to time the market, chasing today’s hot investment or fleeing the latest downturn. Such a short-term perspective can harm performance and jeopardise your long-term financial goals.
LP
About time we saw green!
Good Morning,
Finally….
Some love, after seeing the index only trade in the red since the beginning of June we were up 7 points on the ASX at yesterdays close.
Dow Jones up 264 points
Crude Oil up 1.65%
Gold up 0.66%
Iron Ore up past $65.00/tonne
I am certainly feeling happy this morning….
Now…
The big question will be whether the ASX will actually end the day higher …
The answer is yes, it will.
So why the rally? Germany may be satisfied with Greece committing to at least one economic reform sought by creditors to open the door to bailout funds, according to two people familiar with the country’s position. A government spokesman denied that Germany is considering such a deal.
U.S. crude stockpiles capped their longest stretch of weekly declines since August. This is good news for oil……
Yesterday, clients received an email with a DAX (Germany 30 index) recommendation to buy the index through whichever means. If you bought 20 Index CFD’s and put aside 4500 EUR margin, you would currently be up over 5K EUR profit this morning. Should see it trade up to 11,500. Currently 11,259.
To Thirsty Thursday!
LP
BBY’s IPP Float Returns +1400% to Investors
Wednesday, 6 August 2014
In September 2007, BBY was appointed as sole lead manager to the Initial Public Offering (IPO) of iProperty Group (ASX:IPP). BBY launched IPP to the ASX at A$0.25, realising a market capitalisation of A$25.6 million. IPP is now a leading online advertising business in the Asian property sector and has experienced substantial growth since their float back in 2007. This online property player reached a new record share price high of A$3.94 in March 2014, realising a market capitalisation of A$714.8 million and returning over 1400% to investors that partook in the BBY-led IPO. BBY Executive Chairman, Glenn Rosewall comments “The underlying key to any corporate finance success is to be ready and waiting at the door when opportunity knocks. In the case of IPP, BBY was more than ready to take action back in 2007 when we foresaw the potential in IPP’s robust plan of attack.”
IPP’s prosperity in the Australian share market has mainly been sourced from strong growth in Asian property markets, coupled with their access to the Asian region, which has the world’s largest internet user base. Acquisitions of other major Asian online property portals over recent years have also contributed to the success of IPP on the ASX. BBY certainly saw the potential in supporting IPP back in 2007 and others are now jumping in to reap the rewards of this prosperous market player with Australian real estate giant, REA Group Limited (ASX:REA), having recently purchased a 17.2% stake in IPP. iProperty Group Chairman, Patrick Grove commented “The Board and I are delighted that REA Group has chosen to invest in IPP and we look forward to working with them to continue to deliver on our Asian success story.”
Trending FX Service
I will be commencing my coverage of a Foreign Exchange trading strategy that is strictly rule driven from technical analysis and indicators. The strategy is based on the concept of what is known as ‘Parabolic Stop and Reverse’ which essentially is a trend based trading strategy.
I will be releasing a daily note of the Forex positions I currently hold and the stop loss levels that will be updated in the day on a daily basis based on the movements of the currency pair the night before.
The strategy has proven successful in the past through back testing. This strategy requires patience and the ability to stock to the rules! If you believe you can follow these two things, there is a good chance that you can see some decent returns.
This is a chart that the strategy is based off where we either get given ‘Buy’ or ‘Sell signals based on the red dots. If the dot is below the candle, we buy the currency and place our stop loss at the level of the red dot beneath it. On a daily basis the stop is moved to the dot below the corresponding candle. In this case we would buy AUDNZD and set our stop loss at the level of the red dot below the latest candle.
In foreign exchange profits and losses are calculated in points. Foreign exchange is has a margin rate of 1%, meaning that if you want exposure to $100,000 of a currency you will have to put aside $1,000 of margin in your trading account.
P/L e.g: If the AUDUSD moves from 0.9000 to 0.9010 for example, this is a move of 10 points and this would constitute a profit or loss of $100.00 on a $100,000 position.
These are my current positions and equivalent information if all trades were followed:
- AUD/USD (Daily) Latest 0.9033 LONG from 0.9113 on 18/03 Reversal point at 0.8963.
- 1045 points realised profit since 01/13 if all trades followed.
- EUR/USD (Daily) Latest 1.3778 SHORT from 1.3866 on 19/03 Reversal point at 1.3938.
- 294 points realised profit since 01/13 if all trades followed.
- EUR/JPY (4 hour) Latest 141.110 LONG from 141.760 on 20/03 Reversal point at 140.830.
- 3434 points realised profit since 01/13 if all trades followed.
- GBP/USD (Daily) Latest 1.6506 SHORT from 1.6597 on 12/03 Reversal point at 1.6666.
- 1326 points realised profit since 01/13 if all trades followed.
- USD/CAD (Daily) Latest 1.1243 LONG from 1.1118 on 10/03 Reversal point at 1.1098.
- 1110 points realised profit since 01/13 if all trades followed.
- USD/JPY (Daily) Latest 102.400 SHORT from 102.320 on 13/03 Reversal point at 102.590.
- 1095 points realised loss since 01/13 if all trades followed.
If all trades were followed from 01/2013 last year the total profit would be 6114 points.
If we held a $100,000 position in each of these pairs this would relate to a $61,140.00 profit.
Remember only $5,000 margin would be needed for this. I would recommend an account size of $20,000 to take up positions this size so we were able to ride the ups and downs of the currency market. Of course we could do this with $10,000 positions and the margin necessary would only be $500.00. I would recommend an account size of $2500 in this case.
Please contact me to look into establishing an account and following this strategy if you are interested.
LP
Pilkington Trading 