Why are we successful at forex trading when so many are not? It's easy, we stick with our system. We have a plan and we do not deviate. Sometimes we go days and days without a trade. We want to trade as much as the next guy but we learned our lesson. It was an expensive forex lesson. We have learned the art of trading. We trade when the trades present themselves. Simple.
Do you get a rush out of currency trading? Do you get excited when you "win" a trade? Are you depressed when you "lose" a trade? If so then this business is not for you. Emotion is the root of all forex evil. Every trade we place will either make pips or lose pips. We know that don't we. If the set up is strong as is all of our trades then in the end we will be profitable. No if, ands, or buts, we will be succesful. This is how to make a career in forex. It is not gambling therefore no wins or losses. Just solid Grail trades!
Showing posts with label forex system. Show all posts
Showing posts with label forex system. Show all posts
Tuesday, September 29, 2009
Monday, August 11, 2008
Greenback On The Move!
Wow, oil takes a nice dip and the greenback makes a pretty good run. We knew it was coming, just didn't expect it quite so soon. The FXGrail traders were rewarded quite nicely on this greenback rally just by trading the modules. More than one module triggered trades and if you kept to the program you should have made a small fortune from this currency rally. It's as I have always stated when it comes to The FXGrail, trade what the charts show you. In a nutshell it really is that easy. Find a system and stick with it and you will be rewarded.
We talk a lot at the Grail about risk free trading, this rally was the perfect example of what we are talking about. The recent EUR/USD and USD/JPY trades are the prime example of what the Grail is about. Keep trading people, lots of money to be made.
We talk a lot at the Grail about risk free trading, this rally was the perfect example of what we are talking about. The recent EUR/USD and USD/JPY trades are the prime example of what the Grail is about. Keep trading people, lots of money to be made.
Sunday, January 27, 2008
Nice Set-Ups
We are looking at some great potential trades tonight. Eur/Usd, Eur/Cad, Eur/Aud, Usd/Cad, all look like they may give up some pips. What is our mantra-Patience, the trades always come.
Grail members don't forget to check "The Round Table", charts are there now.
Grail members don't forget to check "The Round Table", charts are there now.
Friday, December 21, 2007
Crazy
The success of The FXGrail has been tremendous. With the holidays here we would like to take this time to thank everyone for helping make 2007 such a success.
As we venture into the new year we hope to continue the momentum you all have given us. We hope to expand the forum as we expand our trader base. We will be firing up the subscription service once again and we will devote a little more attention to the affiliate program. We will be taking the forex world by storm.
Happy Holidays,
B
The FXGrail
As we venture into the new year we hope to continue the momentum you all have given us. We hope to expand the forum as we expand our trader base. We will be firing up the subscription service once again and we will devote a little more attention to the affiliate program. We will be taking the forex world by storm.
Happy Holidays,
B
The FXGrail
Friday, September 7, 2007
What The Hell Are You Waiting For?
cont....
I was working in the yard, putting up a batting cage (wanna help-lot of work). So how did I do? I am sure you already know the answer. I had my trades set last night and didn't pay them no mind until 3:00 pm est. Was I surprised when I checked? No! I don't trade the news, I trade a system.
keep reading....
I was working in the yard, putting up a batting cage (wanna help-lot of work). So how did I do? I am sure you already know the answer. I had my trades set last night and didn't pay them no mind until 3:00 pm est. Was I surprised when I checked? No! I don't trade the news, I trade a system.
keep reading....
Friday, August 17, 2007
WOW!
Who got in on the huge carry trade unwind. We at the grail called it Monday. Huge amount of pips. We will not even tell you how many. You wouldn't believe it anyway. The FXGrail nailed it right on the head. It has been an incredible week. Don't fret if you missed out. The beauty of this market is their will always be another chance.
We are now ready to offer the complete FXGrail system. This is huge news! The ability to harness The FXGrail will be instrumental in your currency trading career.
For the next 2 weeks we are knocking $200 of the price of the complete FXGrail system. That is a 50% discount on one of the most powerful trading packages ever offered. For 2 weeks get this incredible package for $199. That's it. Nothing more to pay ever.
If your ready to start making pips, if your ready to get your trading career started, than make the one purchase that can make a difference. Get The FXGrail Now!
We are now ready to offer the complete FXGrail system. This is huge news! The ability to harness The FXGrail will be instrumental in your currency trading career.
For the next 2 weeks we are knocking $200 of the price of the complete FXGrail system. That is a 50% discount on one of the most powerful trading packages ever offered. For 2 weeks get this incredible package for $199. That's it. Nothing more to pay ever.
If your ready to start making pips, if your ready to get your trading career started, than make the one purchase that can make a difference. Get The FXGrail Now!
Tuesday, April 3, 2007
Still going
It has been an incredible 2 weeks trading The FXGrail. Huge trade on GBP/USD making a ton of pips. Over 150 pips already this week with several more in profit. We are rolling right along, continuing to bank pips on a daily basis.
Website will be launched soon. Sorry it's taking so long. Making pips is getting in the way, nice problem to have. I am working on a different payment solution. It should be available soon. For those of you unable to use paypal, e-gold is the only other option for the time being. I am trying hard to remedy this situation.
Get a subscription to The FXGrail, witness the power of the grail in realtime, see the management of the grail trades as they happen. Watch the grail make boatloads of pips. continuous pips the grail way!
Website will be launched soon. Sorry it's taking so long. Making pips is getting in the way, nice problem to have. I am working on a different payment solution. It should be available soon. For those of you unable to use paypal, e-gold is the only other option for the time being. I am trying hard to remedy this situation.
Get a subscription to The FXGrail, witness the power of the grail in realtime, see the management of the grail trades as they happen. Watch the grail make boatloads of pips. continuous pips the grail way!
Wednesday, March 14, 2007
Questions
I have had a ton of questions about The FXGrail. The two most commonly asked questions are #1 If you are making so many pips, why do you need to charge for The FXGrail? #2 Am I going to sell the complete system?
#1. I have answered this before, but here we go again. I have a product I believe people want (from the response, I am correct). I am not Bill Gates. True, I have made a nice chunk so far from The FXGrail, but $$$ is $$$. Until I am filthy rich, I will always be looking to make more. That is why I trade, that is why I am marketing The FXGrail.
#2. Yes, in the future I plan on selling the complete system. I will not sell it without the proper support in place. I put a lot of time and effort developing this. It is my baby. When I sell it, I want traders to be able to trade it. I have purchased a few "systems" in my time. All were useless, a bunch of indicators and a poorly written manual, no good to anyone. When I am set-up to offer consistent help and training, I will sell it. Stay tuned.
Todays three trades all in profit already, looking good for The FXGrail. Join now and get 30 days of trades from The FXGrail for $99 risk free. Don't miss the pip boat. Harness the power of The FXGrail risk free now, everyday you wait is wasted pips.
#1. I have answered this before, but here we go again. I have a product I believe people want (from the response, I am correct). I am not Bill Gates. True, I have made a nice chunk so far from The FXGrail, but $$$ is $$$. Until I am filthy rich, I will always be looking to make more. That is why I trade, that is why I am marketing The FXGrail.
#2. Yes, in the future I plan on selling the complete system. I will not sell it without the proper support in place. I put a lot of time and effort developing this. It is my baby. When I sell it, I want traders to be able to trade it. I have purchased a few "systems" in my time. All were useless, a bunch of indicators and a poorly written manual, no good to anyone. When I am set-up to offer consistent help and training, I will sell it. Stay tuned.
Todays three trades all in profit already, looking good for The FXGrail. Join now and get 30 days of trades from The FXGrail for $99 risk free. Don't miss the pip boat. Harness the power of The FXGrail risk free now, everyday you wait is wasted pips.
Monday, March 5, 2007
Absolutely Amazing! The FXGrail
Well that didn't take to long. Closed all positions that I placed earlier. Plenty of profit tonight. Here is a quick list of total pips per pair:
CHF/JPY: closed @ 95.15, +55 pips, 4 lots total=+220
EUR/CHF: closed @160.32, +48, 2 lots total=+96
GBP/JPY: closed @224.47, +308, 2 lots total=+616
USD/CHF: closed @1.2235, +23, 2 lots total=+46
USD/JPY: closed @116.47, +122, 2 lots total=+244
AUD/USD: closed @.7738, +44, 5 lots total=+220
Grand Total for today=+1438 pips. The FXGrail is on cruise control. I am sure to leave plenty off pips on the table, but I will never complain about +1400 pips in a single day. The performance of The FXGrail is stunning. It doesn't matter what you trade, micros, minis, standard, we're making some serious $$$. If I had taken all the FXGrail signals, god only knows. I shall be dreaming of pips tonight. Happy trading.
Week#1:+521 pips
Week#2:+118 pips
Week#3:+493 pips
Week#4:+377 pips
Week#5:(accumulative)+1438 pips
CHF/JPY: closed @ 95.15, +55 pips, 4 lots total=+220
EUR/CHF: closed @160.32, +48, 2 lots total=+96
GBP/JPY: closed @224.47, +308, 2 lots total=+616
USD/CHF: closed @1.2235, +23, 2 lots total=+46
USD/JPY: closed @116.47, +122, 2 lots total=+244
AUD/USD: closed @.7738, +44, 5 lots total=+220
Grand Total for today=+1438 pips. The FXGrail is on cruise control. I am sure to leave plenty off pips on the table, but I will never complain about +1400 pips in a single day. The performance of The FXGrail is stunning. It doesn't matter what you trade, micros, minis, standard, we're making some serious $$$. If I had taken all the FXGrail signals, god only knows. I shall be dreaming of pips tonight. Happy trading.
Week#1:+521 pips
Week#2:+118 pips
Week#3:+493 pips
Week#4:+377 pips
Week#5:(accumulative)+1438 pips
Wednesday, February 21, 2007
Two new trades
I did leave some pips on the table yesterday. I used to get quite upset over this, but I have learned to forget about it. With the uncertain nature of the BOJ Statement yesterday I believe it was the right thing to do. On to the trades, we are now back to 2 lot trades:
EUR/CHF: almost stopped out last night, I am now looking for a decent exit as I believe this trade may never materialize.
New Trades:
USD/CAD: long@1.1600, s/l 1.1535, 1st tgt 1.1650, 2nd tgt 1.1690.
GBP/USD: long@ 1.9547, s/l 1.9460. 1st tgt 1.9590, 2nd tgt 1.9640. Will be watching the stop on this trade, may lower it a bit as this is a pretty tight stop on this pair.
Their are a few more pairs that The Grail is close to confirming, will keep everybody posted. Happy trading.
EUR/CHF: almost stopped out last night, I am now looking for a decent exit as I believe this trade may never materialize.
New Trades:
USD/CAD: long@1.1600, s/l 1.1535, 1st tgt 1.1650, 2nd tgt 1.1690.
GBP/USD: long@ 1.9547, s/l 1.9460. 1st tgt 1.9590, 2nd tgt 1.9640. Will be watching the stop on this trade, may lower it a bit as this is a pretty tight stop on this pair.
Their are a few more pairs that The Grail is close to confirming, will keep everybody posted. Happy trading.
Thursday, February 15, 2007
St. Valentine's Day Massacre!
WOW! St. Valentine's Day was the suck. I didn't follow my own rules and it bit me in the ass, again. The big loser was the GBP/JPY long. My cardinal sin-I did not wait for all the signals. I jumped the gun, something I had sworn to never do again. I was sure the pair was going to fulfill all requirements of The Grail and figured I would get a head start, I then changed the s/l hoping to salvage the trade. That was mistake #2. As I have posted before, it is the trader not the system. Stick by the rules!
The one thing I love about Forex is that it is a never ending learning experience. Some lessons are definitely more expensive then others, but always worth the price. Lesson learned. Stick to the system! Lets recap yesterdays events:
EUR/AUD-still going nowhere, a bit in the red but signals still good.
EUR/CAD-After diving, is starting to climb back up, still in red but signals look good.
GBP/JPY- This bad boy did a nose dive after very bad GBP Retail Sales numbers. Hit my revised s/l (stupid move-had nothing to do with system) closing 2 lots for -498. Not good. Lucky for me I was watching this mess unfold. As it blew through the 50% retracement I took a 2 lot short @234.50, closed @ 232.60 when the pair started to stall a bit for +380. End result of this debacle -118 pips. Could and should have been much worse, I was lucky. I was testing a 1 hour strategy and happened to catch it when it broke through the Fibo and was able to get some pips back. as far as The Grail-neither the long or the short was by the book, would have been much better if I had followed my own rules. Lesson definitely learned. See what the system gives, not what you want the system to give.
GBP/USD-I waited for The Grail to give me the signal. Went long 2 lots@ 1.9550 with a tgt of 1.9700. After the US TIC Report at 9:00 am it spiked up and I decided to get out @1.9600 for +100. Called it a day after this trade.
By looking at the end results of the day one would think it wasn't so bad. -18 pips is not a terrible day, but I was lucky. I broke my rules and didn't suffer to much. I shall never break the rules of The Grail again, repeat after me, I shall never break the rules of The Grail again!
One new trade strictly from The Grail- EUR/CHF short@1.6221, s/l 1.6305, tgt pt. 1.6150. Will close 1 lot @ 1.6180 and move s/l to 1.6195. Good Luck!
The one thing I love about Forex is that it is a never ending learning experience. Some lessons are definitely more expensive then others, but always worth the price. Lesson learned. Stick to the system! Lets recap yesterdays events:
EUR/AUD-still going nowhere, a bit in the red but signals still good.
EUR/CAD-After diving, is starting to climb back up, still in red but signals look good.
GBP/JPY- This bad boy did a nose dive after very bad GBP Retail Sales numbers. Hit my revised s/l (stupid move-had nothing to do with system) closing 2 lots for -498. Not good. Lucky for me I was watching this mess unfold. As it blew through the 50% retracement I took a 2 lot short @234.50, closed @ 232.60 when the pair started to stall a bit for +380. End result of this debacle -118 pips. Could and should have been much worse, I was lucky. I was testing a 1 hour strategy and happened to catch it when it broke through the Fibo and was able to get some pips back. as far as The Grail-neither the long or the short was by the book, would have been much better if I had followed my own rules. Lesson definitely learned. See what the system gives, not what you want the system to give.
GBP/USD-I waited for The Grail to give me the signal. Went long 2 lots@ 1.9550 with a tgt of 1.9700. After the US TIC Report at 9:00 am it spiked up and I decided to get out @1.9600 for +100. Called it a day after this trade.
By looking at the end results of the day one would think it wasn't so bad. -18 pips is not a terrible day, but I was lucky. I broke my rules and didn't suffer to much. I shall never break the rules of The Grail again, repeat after me, I shall never break the rules of The Grail again!
One new trade strictly from The Grail- EUR/CHF short@1.6221, s/l 1.6305, tgt pt. 1.6150. Will close 1 lot @ 1.6180 and move s/l to 1.6195. Good Luck!
Tuesday, February 6, 2007
Day 3
Day 3 and all is well. The Grail seems to be performing as I expected it would. I know it is early but I am very excited about the system. Lets get on with it.
Updates on open trades:
USD/CAD (short @1.1825): Trade still open, not much happening. Will stick with this trade per the system.
USD/GBP (short @ 1.9662): Closed second lot @ 1.9600 for a grand total of +162. Excellent trade.
EUR/USD (short@1.2962): 2nd lot hit s/l for +10 after coming very close to target. Total on this trade +50.
EUR/GBP (short@.6590): Closed both lots out @ .6575 after stalling. Total +30. Still a very good trade on this pair.
Running total as of today +242 pips with USD/CAD still going. Only 1 new trade entered today:
EUR/USD long @1.2980 s/l 1.2910 tgt. 1.3050. Will close one lot upon break of 1.300 and move s/l to 1.2990. This is a bit of a risky trade as the signal is not as strong as I would like, but in backtesting the Grail, it is one that I factored in. Time will tell. Good Luck.
I will be discussing this system and some of the details in due time. Right now I am trying to fine tune it, the hardest part is the profit taking. I am fine tuning this part of The Grail, trying to maximize the pips without risking to much profit. More to come.
Updates on open trades:
USD/CAD (short @1.1825): Trade still open, not much happening. Will stick with this trade per the system.
USD/GBP (short @ 1.9662): Closed second lot @ 1.9600 for a grand total of +162. Excellent trade.
EUR/USD (short@1.2962): 2nd lot hit s/l for +10 after coming very close to target. Total on this trade +50.
EUR/GBP (short@.6590): Closed both lots out @ .6575 after stalling. Total +30. Still a very good trade on this pair.
Running total as of today +242 pips with USD/CAD still going. Only 1 new trade entered today:
EUR/USD long @1.2980 s/l 1.2910 tgt. 1.3050. Will close one lot upon break of 1.300 and move s/l to 1.2990. This is a bit of a risky trade as the signal is not as strong as I would like, but in backtesting the Grail, it is one that I factored in. Time will tell. Good Luck.
I will be discussing this system and some of the details in due time. Right now I am trying to fine tune it, the hardest part is the profit taking. I am fine tuning this part of The Grail, trying to maximize the pips without risking to much profit. More to come.
Thursday, February 1, 2007
LIVE! LIVE! LIVE!
I have finished the testing phase of my new system. I am very anxious to get the ball rolling. I will start trading the system next week. I can't wait. I will try to post trades as soon as I make them. Most all trades will be entered at 5:00pm est. Hopefully we can all make some pips of this. Next order of business is to name the system. I will have something by Monday. Any suggestions please feel free to email.
I have done very little live trading this week. My USD/CHF long trade stopped out for -20pips, bummer, this has been a tough pair to trade this year. I did enter USD/CAD short Monday night and closed out for 40 pips. Yesterday I got lucky and caught GBP/USD long for 100pips after it retraced down to the 1.9620's and then shot up to 1.9737. Crazy news this week. Today I had EUR/JPY for 30 pips, but had -40 pips on a EUR/CHF trade. All in all a decent week. I will not trade tomorrow, market will be very volatile due to the US NFP (NonFarm Payroll). I will take my positive week and call it good.
The NonFarm Payroll is a measurement of all new jobs created in the last month excluding the farming industry. This number really moves the market. A rising trend is good for the greenback, a declining trend is bad, obviously, for the greenback. It is forecast to come in around 146k which is about a 20k decline from November. I would not bet on that number, the forecasts are rarely correct on this. The NFP is so important because it is the first report of the month that relates to labor conditions. It can set the tone for the entire month of trading. I will watch it, just won't trade it. Next week is the week. Every trade will be based of the new system, there will be no deviations. I am excited!
I have done very little live trading this week. My USD/CHF long trade stopped out for -20pips, bummer, this has been a tough pair to trade this year. I did enter USD/CAD short Monday night and closed out for 40 pips. Yesterday I got lucky and caught GBP/USD long for 100pips after it retraced down to the 1.9620's and then shot up to 1.9737. Crazy news this week. Today I had EUR/JPY for 30 pips, but had -40 pips on a EUR/CHF trade. All in all a decent week. I will not trade tomorrow, market will be very volatile due to the US NFP (NonFarm Payroll). I will take my positive week and call it good.
The NonFarm Payroll is a measurement of all new jobs created in the last month excluding the farming industry. This number really moves the market. A rising trend is good for the greenback, a declining trend is bad, obviously, for the greenback. It is forecast to come in around 146k which is about a 20k decline from November. I would not bet on that number, the forecasts are rarely correct on this. The NFP is so important because it is the first report of the month that relates to labor conditions. It can set the tone for the entire month of trading. I will watch it, just won't trade it. Next week is the week. Every trade will be based of the new system, there will be no deviations. I am excited!
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