Pipcrawler's Forex Picks

2006-12-04T08:50:00.000-05:00

Guess what?? The New and improved BabyPips.com is released!We've been working hard on BabyPips.com, so please check out the new features, especially the forums and the Forex wikipedia, and let us know what you think!Also, don't forget to check out my new analysis page called Currency Cross-Eyed!Thanks, good luck and good trading!Pipcrawler

2006-12-01T00:00:00.000-05:00

No signal tonight and until further notice as I revamp the system to adjust to the current low volatility environment. In the meantime, I will use this blog to answer some of the most frequently asked questions I get from new traders everyday. The new version of BabyPips.com will be up very soon (I know I keep saying that hehe), in which I have a new analysis page called "Currency Cross-Eyed."

2006-11-29T00:36:00.000-05:00

Forex Trade Review - 11/28/06No trade triggeredForex Trade Signal – 12:37 am EST 11/29/06Long GBP/USD at 1.9555, stop at 1.9525, pt1 at 1.9585, pt2 at 1.9620Short GBP/USD at 1.9475, stop at 1.9505, pt1 at 1.9445, pt2 at 1.9405

2006-11-28T01:08:00.000-05:00

Forex Trade Signal – 1:09 am EST 11/28/06Short GBP/USD at 1.9360, stop at 1.9390, pt1 at 1.9330, pt2 at 1.9300Looking for a USD correction!

2006-11-22T00:35:00.000-05:00

Forex Trade Review: 11/21/2006No trade triggered. Forex Trade Signal – 12:02 am EST 11/16/06Long GBP/USD at 1.9050, stop at 1.9030, pt1 at 1.9070, pt2 at 1.9090Short GBP/USD at 1.9000, stop at 1.9020, pt1 at 1.8980, pt2 at 1.8950

2006-11-21T00:09:00.000-05:00

Forex Trade Signal – 12:02 am EST 11/16/06Long GBP/USD at 1.8935, stop at 1.8915, pt1 at 1.8955, pt2 at 1.8975Short GBP/USD at 1.9010, stop at 1.9030, pt1 at 1.8990, pt2 at 1.8970

2006-11-16T00:15:00.000-05:00

Forex Trade Review - 11/15/06Short trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsMan, we missed out last night as our trade got stopped out before moving back in our direction and hitting max profitability.....grrrrrr!!!Forex Trade Signal – 12:12 am EST 11/16/06Long GBP/USD at 1.8930, stop at 1.8910, pt1 at 1.8950, pt2 at 1.8980Short GBP/USD at 1.8860, stop at 1.8950, pt1 at 1.8840

2006-11-15T00:43:00.000-05:00

Forex Trade Review - 11/15/06Short trade triggered:Lot 1: +20 pipsLot 2: +00 pipsTotal: +20 pipsForex Trade Signal – 12:39 am EST 11/15/06Long GBP/USD at 1.8990, stop at 1.8970, pt1 at 1.9010, pt2 at 1.9050Short GBP/USD at 1.8930, stop at 1.8950, pt1 at 1.8910, pt2 at 1.8880Also, I noticed my "Pick of the Day" hasn't been posted yet, so here it is: With constant data out of the US showing a

2006-11-14T00:37:00.000-05:00

Forex Trade Signal – 12:32 am EST 11/14/06Long GBP/USD at 1.9070, stop at 1.9050, pt1 at 1.9090, pt2 at 1.9130Short GBP/USD at 1.8975, stop at 1.8995, pt1 at 1.8955, pt2 at 1.8905

2006-11-09T01:07:00.000-05:00

Forex Trade Signal – 12:59 am EST 11/09/06Long GBP/USD at 1.9080, stop at 1.9060, pt1 at 1.9100, pt2 at 1.9130Short GBP/USD at 1.9000, stop at 1.9020, pt1 at 1.8980, pt2 at 1.8910

2006-11-08T00:31:00.000-05:00

Closing Longer Term GBP/USD Trade:I have decided to close out our longer-term short on GBP/USD. The current market price is 1.9065, so if you close at that rate you will be taking a -25 pip loss per lot. The reason I am closing is for purely fundamental reasons. We have the Bank of England interest rate decision coming on Thursday. They are expected to raise interest rates to 5.00%, which

2006-11-07T00:24:00.000-05:00

No signal tonight as we have the US midterm elections through out the day tomorrow. I'm not expecting much volatility until the election results are out, so my signal probably won't be effective. No sense to risk getting whipsawed out of a trade tomorrow. As for my longer term pick, we were actually up almost +90 pips per lot at one point, but the pair never hit pt1. Now, it's back to our

2006-11-03T08:57:00.000-05:00

Non-Farm Payroll Trade Idea:Wow - what a report! While the October NFP number came out below expectations at 92K, there was a revision of the September number from 51K to 148K shows the job market isn't as tight as we all thought.Also, we have other good jobs data as the unemployment rate lowered from 4.6 percent to 4.4 percent, avg. hourly earnings rose to 3.9 percent.The market in GBP/USD has

2006-11-02T00:12:00.000-05:00

Longer Term GBP/USD Trade Setup:As promised here's a longer term trade setup that I will be watching for:Here we have a daily chart on GBP/USD. In the past month, we've seen the pair move from approximately 1.8500 to about 1.9100 - that a 700 pip move!!! Recent weak US data has been the reason we've seen a rally in Cable against the Greenback, but I will be looking for a sell off for a few

2006-11-01T11:28:00.000-05:00

I apologize for the lack of signals this week. I feel that the signal won't be effective as we have seen a major run in GBP/USD which means we will probably see consolidation - especially before the NFP report on Friday.To make it up to everyone, I do have a longer term trade idea in the works based on the extended USD sell off we've seen in the past couple of weeks. I should have this posted

2006-10-27T00:05:00.000-04:00

Forex Trade Review - 10/26/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsWe saw some whipsaw action and were quickly stopped out. Unfortunately, the pair went on to hit both of our profit targets... doooooohhhh!!!!!Forex Trade Signal – 12:00 am EST 10/27/06Long GBP/USD at 1.8945, stop at 1.8925, pt1 at 1.8965, pt2 at 1.9000Short GBP/USD at 1.8870, stop at 1.8890, pt1 at

2006-10-26T00:32:00.000-04:00

Forex Trade Signal – 12:25 am EST 10/26/06Long GBP/USD at 1.8840, stop at 1.8820, pt1 at 1.8860, pt2 at 1.8880Short GBP/USD at 1.8790, stop at 1.8810, pt1 at 1.8770, pt2 at 1.87500

2006-10-25T00:00:00.000-04:00

Forex Trade Review - 10/24/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsWe're just not seeing the volatility and breakouts that we saw in September that makes these signals work pretty well. Uncertainty in the markets has created this environment and hopefully traders will find clarity after the US interest rate statement tomorrow. No signals tonight. Because of the FOMC

2006-10-23T23:33:00.000-04:00

Forex Trade Signal – 12:00 am EST 10/24/06Long GBP/USD at 1.8755, stop at 1.8735, pt1 at 1.8775, pt2 at 1.8800Short GBP/USD at 1.8690, stop at 1.8710, pt1 at 1.8675, pt2 at 1.8610Also, the second have of my USD/JPY short trade stopped out at breakeven. So, the total pips collected on that one was +60 pips. Hope everyone caught some pips on that trade!!!

2006-10-20T10:51:00.000-04:00

Forex Trade Review - 10/19/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsWe were trigged and then whipsawed to a stop out...USD/JPY Trade Update:My trade idea on USD/JPY has hit profit target one at 118.30 for +60 pips. Moved stop on the second half of my position to B/E at 118.90.

2006-10-19T01:53:00.000-04:00

Forex Trade Review - 10/18/06Long trade triggered:Lot 1: -30 pipsLot 2: -30 pipsTotal: -60 pipsShort trade triggered:Lot 1: -12 pipsLot 2: -12 pipsTotal: -24 pipsDay Total: - 84 pipsForex Trade Signal – 12:00 am EST 10/19/06Long GBP/USD at 1.8720, stop at 1.8700, pt1 at 1.8740, pt2 at 1.8800Short GBP/USD at 1.8645, stop at 1.8665, pt1 at 1.8625, pt2 at 1.8600Important Notice: We are in the

2006-10-17T23:52:00.000-04:00

Forex Trade Review - 10/17/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsWe saw some whipsaw action and were quickly stopped out. Unfortunately, the pair went on to hit both of our profit targets... doooooohhhh!!!!!Forex Trade Signal – 12:00 am EST 10/18/06Long GBP/USD at 1.8730, stop at 1.8700, pt1 at 1.8760, pt2 at 1.8790Short GBP/USD at 1.8680, stop at 1.8710, pt1 at

2006-10-17T00:24:00.000-04:00

Forex Trade Signal – 12:00 am EST 10/17/06Long GBP/USD at 1.8650, stop at 1.8670, pt1 at 1.8670, pt2 at 1.8700Short GBP/USD at 1.8600, stop at 1.8620, pt1 at 1.8580, pt2 at 1.85450These entries and exits are different from my "Pick of the Day" at BabyPips.com because I used different rules for these signals. Good luck to everyone and good trading!

2006-10-16T08:59:00.000-04:00

USD/JPY Short Trade Idea:Short USD/JPY @ 118.90, stop @ 119.60, pt1 @ 118.30, pt2 117.40This is a longer term trade idea and you should reduce position size to weather the larger stops and profit targets.

2006-10-15T16:25:00.000-04:00

USD/JPY Short??????Here's my argument for a short term bearish trade on USD/JPY:First, let's take a look at a couple of charts...We have a daily chart on USD/JPY with bollinger bands and stochastics show possible buyer exhaustion in the pair after the strong move from 116.00 to almost hitting 120.00. We have a weekly chart on futures positions showing a record net short positions on the Yen. On

2006-10-12T17:50:00.000-04:00

Forex Trade Review - 10/12/06Long trade triggered:Lot 1: +20 pipsLot 2: +00 pipsTotal: +20 pips

2006-10-12T00:21:00.000-04:00

Forex Trade Review - 10/11/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsShort trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsDay Total: -80 pipsForex Trade Signal – 12:00 am EST 10/12/06Long GBP/USD at 1.8595, stop at 1.8575, pt1 at 1.8615, pt2 at 1.8645Short GBP/USD at 1.8540, stop at 1.8560, pt1 at 1.8520, pt2 at 1.8480Aussie trade becamse invalid as soon as

2006-10-11T19:16:00.000-04:00

AUD/USD Employment Change and Umployment Rate:At 9:30 pm EST, the Australian Employment data will be release with forecast numbers at -6.0K versus 23.4K. With the hawkish comments from the FOMC today, unless we a strong surprise to the upside, we will probably see a continued drop in this pair. I will probably keep this trade on until later tonight when i post my GBP/USD signals. Short AUD/USD

2006-10-11T00:22:00.000-04:00

Forex Trade Review - 10/10/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsShort trade triggered:Lot 1: +20 pipsLot 2: +40 pipsTotal: +60 pipsDay Total: +20 pipsForex Trade Signal – 12:00 am EST 10/11/06Long GBP/USD at 1.8575, stop at 1.8555, pt1 at 1.8595, pt2 at 1.8640Short GBP/USD at 1.8520, stop at 1.8540, pt1 at 1.8500, pt2 at 1.8460Longer Term sell on USD/JPY is no

2006-10-10T00:51:00.000-04:00

Forex Trade Signal – 12:46 am EST 10/10/06Long GBP/USD at 1.8690, stop at 1.8670, pt1 at 1.8710, pt2 at 1.8740Short GBP/USD at 1.8640, stop at 1.8660, pt1 at 1.8620, pt2 at 1.8600Sorry for the late post. I was caught up in a reply to a fellow forum poster at www.forexfactory.com. They asked why I don't use a set system or indicators for my "Pick of the Day".. if ya'll are intersted in my answer

2006-10-08T21:06:00.000-04:00

Forex Trade - 10/08/06Here's a longer term trade idea:Short USD/JPY @ 118. 70, stop @ 119.25, pt1 @ 118.10, pt2 @ 117.50Here we have an hourly chart of USD/JPY. I was checking out the COT data on both the USD and JPY. While the futures positioning of USD looks pretty neutral, the futures postitioning in the Yen is in "super oversold territory" - that's professional trader lingo btw ;) On the

2006-10-06T08:18:00.000-04:00

For my "Pick of the Day" my market order was stopped out. Doh! I will remove my entry orders since the current market price is almost 100 pips away from my entry. Have a great weekend everyone and be ready to trade next week!

2006-10-05T20:00:00.000-04:00

Hey everyone...sorry for all the email alerts. I was making some adjustments to the blog and trying to fix this email thing, so at least five or six emails went out today. Oooopsss!! Well, there won't be a signal tonight, but I did post up a nice little trade at BabyPips.com. Just click on the link to the right that says "My Daily Picks" to check it out! If an adjustment needs to be made

2006-10-05T13:07:00.000-04:00

Forex Trade Review - 10/05/06Short trade triggered:Lot 1: +20 pipsLot 2: +30 pipsTotal: +50 pipsWe had a great day with the signal, but it could've been better. I noticed that my second profit target on the short trade was only 10 pips more. haha. I've been sick lately, so while I was OD'ing on night time cough syrup and fighting sleep I didn't notice that small error. We still made good on the

2006-10-04T23:54:00.000-04:00

Forex Trade Review - 10/04/06Short trade triggered:Lot 1: +20 pipsLot 2: +00 pipsTotal: +20 pipsForex Trade Signal – 12:00 am EST 10/05/06Long GBP/USD at 1.8875, stop at 1.8855, pt1 at 1.8900, pt2 at 1.8940Short GBP/USD at 1.8840, stop at 1.8860, pt1 at 1.8820, pt2 at 1.8810

2006-10-04T00:21:00.000-04:00

Forex Trade Review - 10/03/06Long trade triggered:Lot 1: -12 pipsLot 2: -12 pipsTotal: -28 pipsLong trade triggered and missed pt1 by one pip several times! grrr... we eventually closed out both lots at 12:00 pm EST at a loss of -12 pips per lotForex Trade Signal – 12:30 am EST 10/04/06Long GBP/USD at 1.8910, stop at 1.8890, pt1 at 1.8930, pt2 at 1.8950Short GBP/USD at 1.8820, stop at 1.8840, pt1

2006-10-03T00:49:00.000-04:00

Forex Trade Signal – 12:45 am EST 10/03/06Long GBP/USD at 1.8880, stop at 1.8860, pt1 at 1.8900, pt2 at 1.8935Short GBP/USD at 1.8840, stop at 1.8860, pt1 at 1.8820, pt2 at 1.8780

Forex Trade Results

2006-10-01T00:00:00.000-04:00

Forex Trade Results: 10/10/06 - 10/13/06Tuesday: +20 pipsWednesday: -80 pipsThursday: -4 pipsFriday: No pick postedGBP/USD Total: -64 pipsForex Trade Results: 10/03/06 - 10/06/06Tuesday: -28 pipsWednesday: +20 pipsThursday: +50 pipsFriday: No pick postedGBP/USD Total: +42 pipsForex Trade Results: 09/26/06 - 09/29/06Tuesday: -40 pipsWednesday: -44 pipsThursday: +105 pipsFriday: No pick postedGBP/

2006-09-28T20:54:00.000-04:00

Forex Trade Review - 09/28/06Short trade triggered:Lot 1: +20 pipsLot 2: +85 pipsTotal: +105 pipsDay Total: +105 pips Holllllllleeeeeerrrrrrr!!!No signal for tonight as i will be traveling out of town to start my weekend early! hehe If i am able to look at the market, and see any trades, i'll be sure to post here tomorrow. Have a great weekend everyone!

2006-09-28T01:35:00.000-04:00

Forex Trade Review - 09/27/06Short trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsDay Total: -40 pipsForex Trade Signal – 1:30 am EST 09/28/06 * Long GBP/USD at 1.8910, stop at 1.8890, pt1 at 1.8930, pt2 at 1.9000 * Short GBP/USD at 1.8830, stop at 1.8860, pt1 at 1.8810, pt2 at 1.8845I am using a different system than on the "Pick of the Day" for these trades, so different

2006-09-28T01:21:00.001-04:00

Forex Trade Review - 09/27/06Short trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsDay Total: -40 pipsForex Trade Signal – 1:30 am EST 09/28/06Long GBP/USD at 1.8910, stop at 1.8890, pt1 at 1.8930, pt2 at 1.9000Short GBP/USD at 1.8830, stop at 1.8860, pt1 at 1.8810, pt2 at 1.8845I am using a different system than on the "Pick of the Day" for these trades, so different levels.

2006-09-28T01:21:00.000-04:00

2006-09-27T01:24:00.001-04:00

Forex Trade Signal – 1:18 am EST 09/27/06Long GBP/USD at 1.8980, stop at 1.8960, pt1 at 1.9000, pt2 at 1.9050Short GBP/USD at 1.8935, stop at 1.8955, pt1 at 1.8915, pt2 at 1.8875Also, I have set up a new email service. Should be a little bit more on time, so sign up and get my posts and picks right away... hopefully! ;)Good luck and good trading!

2006-09-27T01:24:00.000-04:00

2006-09-26T12:19:00.000-04:00

Forex Trade Review for 09/26/06Short trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsOur short trade was triggered, but quickly stopped out...doh! Fortunately, we had a similar trade on my "Pick of the Day" (different entry and exit points on GBP/USD) which snagged +20 pips on the first lot before getting stopped out at breakeven on the second lot.Also, my longer term trade idea on

2006-09-26T00:15:00.000-04:00

Forex Trade Signal – 12:00 am EST 09/26/06Long GBP/USD at 1.9030, stop at 1.9010, pt1 at 1.9050, pt2 at 1.9100Short GBP/USD at 1.8980, stop at 1.9000, pt1 at 1.8965, pt2 at 1.8935

2006-09-25T09:52:00.000-04:00

USD/CHF Short - 09/25/2006Our short on USD/CHF reached as low as 1.2291, and is currently at 1.2361. I will be moving my stop on the second lot to 1.2400 to lock in 100 pip gain, and set my profit taking level to 1.2250.

2006-09-22T07:43:00.000-04:00

Forex Trade Review for 09/21/06Long trade triggered:Lot 1: +20 pipsLot 2: +18 pipsTotal: +38 pipsWe missed max profitability on our long trade by one pip! The pair reached as high as 1.8999 before dropping back dow to the 1.8970 area. Closed the second half of our lot at 12:00 pm EST per rule instructions. Also, my short trade idea on USD/CHF from Sunday is about 150 pips in the money. You

2006-09-21T00:15:00.000-04:00

Forex Trade Review - 09/20/06Long trade triggered:Lot 1: +20 pipsLot 2: +40 pipsTotal: +60 pipsDay Total: +60 pipsLong order triggered and hit pt1 within the hour. Closed second half of the lot at 12 pm EST = - according to the rules of the system. Not a bad day I must say.Also, a quick update as my longer term trade on USDCHF is now 25 pips in the money. Let's hope it hits 1.2400 in tonight's

2006-09-19T23:51:00.000-04:00

Forex Trade Review - 09/19/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsShort trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsDay Total: -80 pipsWhat can i say? We were stopped out on some early morning whipsaw action. The good news is my short idea on USD/CHF triggered...I was kind of scary as the trade shot up, but now we're back close to the entry level.

2006-09-19T00:42:00.000-04:00

Forex Trade Signal – 12:00 am EST 09/19/06Long GBP/USD at 1.8860, stop at 1.8840, pt1 at 1.8890, pt2 at 1.8950Short GBP/USD at 1.8780, stop at 1.8800, pt1 at 1.8750, pt2 at 1.8700

2006-09-16T17:34:00.000-04:00

Forex Trade Review for 09/15/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsShort trade triggered:Lot 1: +40 pipsLot 2: +90 pipsTotal: +130 pipsDay Total: +90 pipsSince I usually do shorter term trades here and on BabyPips.com, I'd like to flex my longer term trading muscle, and post some daily charts and longer term trade ideas here. Here's a chart pattern that i've been

2006-09-14T19:47:00.000-04:00

Forex Trade Review - 09/14/06Long trade triggered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40 pipsGot stopped out in my long trade gosh darn it!!!!! Missed a huge move in Cable - over 100 pips!! As soon as it touched the stop loss point the pair shot back up. Ridiculous. I may have to make some system adjustmentsForex Trade Signal – 12:00 am EST 09/14/06Long GBP/USD at 1.8880, stop at 1.8860, pt1

2006-09-14T00:38:00.000-04:00

Forex Trade Review - 09/13/06Long trade triggered:Lot 1: +07 pipsLot 2: +07 pipsTotal: +14 pipsOur long trade entered and narrowly missed the stop out point. Unfortunately, we were only able to pull out +14 pips by 12:00 pm ESTForex Trade Signal – 12:00 am EST 09/14/06Long GBP/USD at 1.8795, stop at 1.8775, pt1 at 1.8815, pt2 at 1.8845Short GBP/USD at 1.8740, stop at 1.8760, pt1 at 1.8720, pt2

Email Subscriptions

2006-09-13T11:26:00.000-04:00

I will be taking down the email subscriptions. It seems that the email service I used does not deliver my post until about 5 - 6 hours later, so until I find faster service you'll just have to visit the site until then. For those of you who has already I signed up, I'll be sure to put you on the new service once I have it up and running. Thanks.Btw...I've been a PC user my whole life, but I've

2006-09-13T00:06:00.000-04:00

Forex Trade Review - 09/12/06Long trade triggered:Lot 1: +30 pipsLot 2: +00 pipsTotal: +30 pipsForex Trade Signal – 12:00 am EST 09/13/06Long GBP/USD at 1.8770, stop at 1.8750, pt1 at 1.8790, pt2 at 1.8840Short GBP/USD at 1.8700, stop at 1.8720, pt1 at 1.8670, pt2 at 1.8630

2006-09-12T00:12:00.000-04:00

Forex Trade Signal – 09/12/06 - 12:00 am ESTLong GBP/USD at 1.8720, stop at 1.8690, pt1 at 1.8750, pt2 at 1.8800Short GBP/USD at 1.8640, stop at 1.8660, pt1 at 1.8610, pt2 at 1.8560

Which Forex Broker should I use?

2006-09-09T14:08:00.000-04:00

I receive a ton of emails from new traders asking me this question - "Which forex broker or trading platform should I use?" To be honest, I try to refrain from answering this question just because I feel that I would be doing that person disservice by just throwing out this or that broker's name. I feel that every new trader should go through the personal journey to find a broker for a couple

2006-09-08T08:40:00.000-04:00

Forex Trade Review for GBP/USD 09/06/06Short trade triggered:Lot 1: -25 pipsLot 2: -25 pipsTotal: -50 pipsSorry about the lack of signal last night. After reviewing price action throughout the euro session, it was probably a good thing I wasn't able to put one up. My system would have provided a losing signal as there was whipsaw action between 3 am EST and 4 am EST before finding the

2006-09-07T01:00:00.000-04:00

Forex Trade Review GBP/USD 09/06/06Short trade triggered:Lot 1: +20 pipsLot 2: +50 pipsTotal: +70 pipsForex Trade Signal – 12:00 am EST – GBP/USDLong GBP/USD at 1.8880, stop at 1.8860, pt1 at 1.8900, pt2 at 1.9050Short GBP/USD at 1.8825, stop at 1.8850, pt1 at 1.8800, pt2 at 1.8750

2006-09-06T00:10:00.000-04:00

Forex Trade Review - GBP/USDShort trade triggered:Lot 1: +20 pipsLot 2: +50 pipsTotal: +70 pipsForex Trade Signal – 12:00 am EST – GBP/USDLong GBP/USD at 1.8960, stop at 1.8940, pt1 at 1.8975, pt2 at 1.9005Short GBP/USD at 1.8920, stop at 1.8940, pt1 at 1.8900, pt2 at 1.8870

2006-09-04T23:33:00.000-04:00

Forex Trade Signal – 12:00 am EST – GBP/USDLong GBP/USD at 1.9050, stop at 1.9030, pt1 at 1.9085, pt2 at 1.9105Short GBP/USD at 1.9020, stop at 1.9050, pt1 at 1.9000, pt2 at 1.8970By the way - I took down the email subscription box that was on the right due to the fact Feedburner did not send it off the alert email until about 6 hours after I would post. So, until I find a more timely blog email

Stop Loss

2006-09-02T11:13:00.000-04:00

Every once in a while i get an email from new traders asking me to analyze a trade they sent to me - show them what they did wrong, if the indicators are using are the right ones, what I would have done in that situation. For the most part, new traders are heading in the right direction as far as analyzing the market and establishing a directional bias, but the thing that gets me is when I ask

Forex Trade - 08.30.06

2006-08-30T01:52:00.000-04:00

Forex Trade Signal – 12:00 am EST – GBP/USDLong GBP/USD at 1.9020, stop at 1.9000, pt1 at 1.9040, pt2 at 1.9080Short GBP/USD at 1.8950, stop at 1.8970, pt1 at 1.8930, pt2 at 1.8910

Forex Trade - 08.24.06

2006-08-23T23:15:00.000-04:00

Forex Trade Signal – 12:00 am EST – GBP/USDLong GBP/USD at 1.8955, stop at 1.8935, pt1 at 1.8975, pt2 at 1.8995Short GBP/USD at 1.8875, stop at 1.8895, pt1 at 1.8850, pt2 at 1.8810Forex Signal Results for 08.22.06 – GBP/USDWe did well today on our long cable trade today and we have weak Existing home sales to thank for that. The market shot up after the report before eventually coming back down

Forex Trade - 08.23.06

2006-08-23T00:45:00.000-04:00

Forex Trade Signal – 12:00 am EST – GBP/USDLong GBP/USD at 1.8910, stop at 1.8890, pt1 at 1.8950, pt2 at 1.8980Short GBP/USD at 1.8840, stop at 1.8860, pt1 at 1.8800, pt2 at 1.8760Forex Signal Results for 08.22.06 – GBP/USDUnfortunately, our 20 pip stop was not big enough to weather the volatility at the open of the US trading session.Short Trade entered:Lot 1: -20 pipsLot 2: -20 pipsTotal: -40

Forex Trade Signal - 08/22/06

2006-08-22T01:05:00.000-04:00

Forex Trade Signal – 1:00 am EST – GBP/USDLong GBP/USD at 1.8960, stop at 1.8940, pt1 at 1.8980, pt2 at 1.9025Short GBP/USD at 1.8875, stop at 1.8895, pt1 at 1.8855, pt2 at 1.8815

Forex Trade Signal - 08.16.06

2006-08-16T23:41:00.000-04:00

Forex Trade Signal – 12:00 am EST – GBP/USDLong GBP/USD at 1.8995, stop at 1.8975, pt1 at 1.9015, pt2 at 1.9035Short GBP/USD at 1.8940, stop at 1.8960, pt1 at 1.8915, pt2 at 1.8890

Forex Trade Review - 08.16.06

2006-08-16T14:56:00.000-04:00

Forex Trade Review - GBP/USDWell, we lost on our short trade during the euro session, but thanks to a lower CPI and lower housing starts, our long trade hit max profitability. We ended up positive pips for the day, which always makes for a good day!Forex Signal Results – GBP/USDLong Trade entered: Lot 1: +30 pipsLot 2: +50 pipsTotal: +80 pipsShort Trade entered:Lot 1: -20 pipsLot 2: -20

Forex Trade - 08.16.06

2006-08-16T00:50:00.000-04:00

Forex Trade Signal – 12:00 am EST – GBP/USD * Long GBP/USD at 1.8960, stop at 1.8940, pt1 at 1.8990, pt2 at 1.9010 * Short GBP/USD at 1.8910, stop at 1.8930, pt1 at 1.8880, pt2 at 1.8850

Forex Trade Review - 08.15.06

2006-08-15T17:55:00.000-04:00

Looks like on the first day back we hit a loss. I placed my trades at 12:00 am EST, and we saw volatility after 1:00 am EST. It was enough to trigger the long trade, but it reversed soon after. For those who placed the trades at the open of the Euro trading session, you would have reached full profitability. Again, this is forward testing mode, so I will continue to tweak this signal methods.

Forex Trade - 08.15.06

2006-08-15T00:25:00.000-04:00

Welcome back to Pipcrawler's Forex Picks!!! I've been back testing and now it's time to get into forward testing mode! So, check it out!Forex Trade Signal – 2:00 am EST – GBP/USD * Long GBP/USD at 1.8924, stop at 1.8904, pt1 at 1.8950, pt2 at 1.8975 * Short GBP/USD at 1.8850, stop at 1.8870, pt1 at 1.8830, pt2 at 1.8800

System adjustment

2006-07-20T09:59:00.000-04:00

I've been getting emails on when the signals will be back. I apologize for not keeping everyone up to date, but I have been redesigning the system. I've pretty much got a new one down in which signals will be release at about 12:00 am EST instead of 2:00 am EST. I'm just in backtesting mode to make sure it is profitable before i start posting up the new signals again. Please be patient as I

Forex Trade Signal - 07/12/06

2006-07-12T02:02:00.000-04:00

Welcome Back! Same rules apply, just trying out a new system! Enjoy!Forex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2285, stop at 1.2255, pt1 at 1.2306, pt2 at 1.2325Short USD/CHF at 1.2251, stop at 1.2277, pt1 at 1.2232, pt2 at 1.2210Forex Trade Signal – 2:00 am EST – GBP/USDLong GBP/USD at 1.8465, stop at 1.8435, pt1 at 1.8485, pt2 at 1.8505Short GBP/USD at 1.8423, stop at 1.8460,

Posts will resume....

2006-07-11T20:22:00.000-04:00

...later tonight. Sorry, for the lack of updates. I will resume posting and try to catch up on the missed days this weekend.

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2006-07-01T12:00:00.000-04:00

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Forex Trade Signal - 06/29/06

2006-06-29T01:15:00.000-04:00

Forex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2509, stop at 1.2480, pt1 at 1.2532, pt2 at 1.2572Short USD/CHF at 1.2428, stop at 1.2456, pt1 at 1.2405, pt2 at 1.2370Forex Trade Signal – 2:00 am EST – GBP/USDLong GBP/USD at 1.8217, stop at 1.8179, pt1 at 1.8347, pt2 at 1.8375Short GBP/USD at 1.8123, stop at 1.8161, pt1 at 1.8092, pt2 at 1.8073

Forex Trade Signal - 06/27/06

2006-06-27T01:43:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered: Lot 1: +20 pipsLot 2: +46 pipsTotal: +66 pipsUSD/CHF Day Total: +66 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: -31 pipsLot 2: -31 pipsTotal: -62 pipsGBP/USD Day Total: -62 pipsForex Trade Signal – 2:00 am EST – USD/CHFLong USD/CHF at 1.2437, stop at 1.2410, pt1 at 1.2457, pt2 at 1.2483Short USD/CHF at 1.2387, stop at 1.2414,

Forex Trade Signal - 06/26/06

2006-06-26T02:00:00.000-04:00

No trade signals posted today. Sufficient signals were not produced.

Forex Trade Signal - 06/23/06

2006-06-23T01:39:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered: Lot 1: +19 pipsLot 2: +43 pipsTotal: +62 pipsUSD/CHF Day Total: +62 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: +15 pipsLot 2: +40 pipsTotal: +55 pipsGBP/USD Day Total: +55 pipsForex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2474, stop at 1.2445, pt1 at 1.2493, pt2 at 1.25417Short USD/CHF at 1.2392, stop at 1.2426,

Forex Trade Signal - 06/22/06

2006-06-22T01:27:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered: Lot 1: +10 pipsLot 2: +30 pipsTotal: +40 pipsUSD/CHF Day Total: +40 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: +10 pipsLot 2: +35 pipsTotal: +45 pipsGBP/USD Day Total: +45 pipsForex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2367, stop at 1.2347, pt1 at 1.2377, pt2 at 1.2397Short USD/CHF at 1.2292, stop at 1.2312,

Forex Trade Signal - 06/21/06

2006-06-21T01:28:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered: Lot 1: -01 pipsLot 2: -01 pipsTotal: -02 pipsUSD/CHF Day Total: -02 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: -33 pipsLot 2: -33 pipsTotal: -66 pipsGBP/USD Day Total: -66 pipsForex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2395, stop at 1.2362, pt1 at 1.2405, pt2 at 1.2427Short USD/CHF at 1.2331, stop at 1.2365,

Forex Trade Signal - 06/20/06

2006-06-20T08:23:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered: Lot 1: -28 pipsLot 2: -28 pipsTotal: -56 pipsUSD/CHF Day Total: -56 pipsForex Signal Results - GBP/USD Long Trade entered: Lot 1: -43 pipsLot 2: -43 pipsTotal: -86 pipsShort Trade entered:Lot 1: -42 pipsLot 2: -42 pipsTotal: -84 pipsGBP/USD Day Total: -170 pipsSorry about the late post. I will post up the signals for record keeping

Forex Trade Signal - 06/19/06

2006-06-19T03:07:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered: Lot 1: +24 pipsLot 2: +00 pipsTotal: +24 pipsUSD/CHF Day Total: +24 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: +06 pipsLot 2: +06 pipsTotal: +12 pipsGBP/USD Day Total: +12 pips*Missed pt1 by 1 pip!Forex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2396, stop at 1.2343, pt1 at 1.2419, pt2 at 1.2456Short USD/CHF at

Forex Updates

2006-06-17T19:54:00.000-04:00

Sorry for the lack of updates the past few days, but I was held out of town longer than I thought. I hope everyone is taking the time to take a break from trading to enjoy their weekend(I know I am with my new Xbox 360!) hehe...Sunday evening I will be back to posting signals. I posted two days worth of signals and here's the results:Forex Trade Results: 06/12/06 - 06/16/06USD/CHFMonday: No

Evening Travel

2006-06-14T19:14:00.000-04:00

I will be traveling out of town this evening, so there is a high probability I will not post the system signals. If I don't get a chance to post them this evening, I will post them tomorrow for record keeping purposes. I hope everybody was able to catch some pips today!

Forex Trade Signal - 06/14/06

2006-06-14T02:06:00.000-04:00

Forex Signal Results – USD/CHF Short Trade entered: Lot 1: +10pipsLot 2: +33 pipsTotal: +43 pipsUSD/CHF Day Total: +43 pipsForex Signal Results - GBP/USD Long Trade entered:Lot 1: +13 pipsLot 2: +37 pipsTotal: +50 pipsGBP/USD Day Total: +50 pipsForex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2405, stop at 1.2377, pt1 at 1.2415, pt2 at 1.2429Short USD/CHF at 1.2356, stop at 1.2377,

Forex Trade Signal - 06/13/06

2006-06-13T02:06:00.000-04:00

Forex Signal Results – USD/CHF Short Trade entered: Lot 1: -37 pipsLot 2: -37 pipsTotal: -72 pips Long Trade entered: Lot 1: -37 pipsLot 2: -37 pipsTotal: -72 pips USD/CHF Day Total: -144 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: -30 pipsLot 2: -30 pipsTotal: -60 pipsShort Trade entered: Lot 1: -30 pipsLot 2: -30 pipsTotal: -60 pips GBP/USD Day Total: -120 pipsForex Trade

Forex Trade Signal - 06/09/06

2006-06-09T02:42:00.000-04:00

No trade signals this evening as I am out of town and I do not have access to my charts. We had a great week and I hope you caught some pips with me. Have a great weekend!!! Pipcrawler

Forex Trade Signal - 06/08/06

2006-06-08T02:00:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered:Lot 1: +15 pipsLot 2: +45 pipsTotal: +60 pipsShort Trade entered: Lot 1: -30 pipsLot 2: -30 pipsTotal: -60 pips USD/CHF Day Total: +00 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: +18 pipsLot 2: +53 pipsTotal: +71 pipsGBP/USD Day Total: +71 pipsForex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2241, stop at 1.2111, pt1

Forex Trade Signal - 06/07/06

2006-06-07T01:09:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered:Lot 1: +18 pipsLot 2: +00 pipsTotal: +18 pipsUSD/CHF Day Total: +18 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: +25 pipsLot 2: +00 pipsTotal: +25 pipsGBP/USD Day Total: +25 pipsForex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at 1.2187, stop at 1.2157, pt1 at 1.2205, pt2 at 1.2238Short USD/CHF at 1.2129, stop at 1.2159,

Forex Trade Signal - 06/06/06

2006-06-06T02:00:00.000-04:00

Forex Signal Results – USD/CHF Short Trade entered:Lot 1: -19 pipsLot 2: -19 pipsTotal: -38 pipsShort trade missed pt1 by 2 pips!!!Long Trade entered: Lot 1: +14 pipsLot 2: +43 pipsTotal: +57 pips USD/CHF Day Total: +19 pipsForex Signal Results - GBP/USD Long Trade entered:Lot 1: +26 pipsLot 2: +00 pipsTotal: +26 pipsShort Trade entered:Lot 1: +26 pipsLot 2: +67 pipsTotal: +93 pipsGBP/USD Day

Forex Trade Signal - 06/02/06

2006-06-02T02:33:00.000-04:00

No signal today as US Non-Farm Payroll report is being released later at 8:30 am EST. It is a very volatile and unpredictable report and the market leading up to that does not produce very good signals anyways. So, time to start the weekend off early...enjoy!!

Forex Trade Signal - 06/01/06

2006-06-01T02:00:00.000-04:00

Forex Signal Results – USD/CHFLong Trade entered: Lot 1: -44 pipsLot 2: -44 pipsTotal: -88 pips ShortTrade entered: Lot 1: -54 pipsLot 2: -54 pipsTotal: -108 pipsUSD/CHF Day Total: -196 pipsBoth trades entered and stopped out due to whipsaw action.Forex Signal Results - GBP/USD Short Trade entered:Lot 1: +20 pipsLot 2: +00 pipsTotal: +20 pipsGBP/USD Day Total: +20 pipsSorry about the late post

Forex Trade Signal - 05/31/06

2006-05-31T02:00:00.000-04:00

Forex Signal Results – USD/CHF Long Trade entered: Lot 1: +6 pipsLot 2: +6 pipsTotal: +12 pips(Lot 1 missed full profit potential by 1 pip....Doh!)Short Trade entered: Lot 1: +18 pipsLot 2: +0 pipsTotal: +18 pipsUSD/CHF Day Total: +30 pipsForex Signal Results - GBP/USD Short Trade entered:Lot 1: -40 pipsLot 2: -40 pipsTotal: -80 pipsShort trade entered due to a whipsaw. Eventually the trade

Forex Trade Signal - 05/30/06

2006-05-30T06:44:00.000-04:00

Forex Signal Results – USD/CHF Short Trade entered: Lot 1: +25 pipsLot 2: +00 pipsTotal: +25 pips USD/CHF Day Total: +25 pips Forex Signal Results - GBP/USD Long Trade entered: Lot 1: +46 pipsLot 2: +00 pipsTotal: +46 pips GBP/USD Day Total: +46 pipsSorry about the late post. I'm still getting used to the time difference change from being in Europe, so I missed out last night

Forex Trade Signal - 05/29/06

2006-05-29T02:00:00.000-04:00

Forex Signal Results – USD/CHF Short Trade entered:Lot 1: -33 pipsLot 2: -33 pipsTotal: -66 pipsUSD/CHF Day Total: -66 pipsForex Signal Results - GBP/USD Long Trade entered:Lot 1: -33 pipsLot 2: -33 pipsTotal: -66 pipsShort Trade entered:Lot 1: +0 pipsLot 2: +0 pipsTotal: +0 pipsGBP/USD Day Total: -66 pipsForex Trade Signal – 2:00 am EST – USD/CHF Long USD/CHF at

Forex Trade Signal - 05/26/06

2006-05-26T02:00:00.000-04:00

I was traveling this day, so I didn't get a chance to post today's signals on time. I will post results for record keeping purposes. Have a great dayForex Signal Results – USD/CHF Short Trade entered: Lot 1: -47 pipsLot 2: -47 pipsTotal: -94 pips Long Trade entered: Lot 1: +17 pipsLot 2: +49 pipsTotal: +66 pips USD/CHF Day Total: -28 pips Forex Signal Results - GBP/USD

Forex Trade Signal - 05/25/06

2006-05-25T02:00:00.000-04:00

Sorry for the late post, had trouble with my internet connection earlier. Again, I am posting today's results of the signal system for tracking purposes. I should begin normal posting at the beginning of next week...have a great weekend!Forex Signal Results – USD/CHF No Trades Entered Forex Signal Results - GBP/USD Long Trade entered:Lot 1: +10 pipsLot 2: + 0 pipsTotal: +10

Forex Trade Signal - 05/24/06

2006-05-24T03:54:00.000-04:00

Forex Signal Results - 1:15 pm EST - USD/CHFShort Trade entered:Lot 1: +21 pipsLot 2: +48 pipsTotal: +69 pipsLong Trade entered:Lot1: +11 pipsLot2: +37 pipsTotal: +48 pipsUSD/CHF Day Total: +117 pipsForex Signal Results- 1:15 pm EST - GBP/USDLong trade entered:Lot 1: +27 pipsLot 2: +0 pipsTotal: +27 pipsShort trade entered:Lot 1: +27 pipsLot 2: +67 pipsTotat: +94 pipsGBP/USD Day total: +121