Dear Traders,

Last Trade: Long EURUSD at 1.5628 from 11pm GMT 13/3/08 stopped out for -65 pips.
New Action: Buy EURUSD 2300pm GMT today, SL:65pips, TP:185pips, TSL:45 pips.

How to use trailing stop in MT4:
http://interbankfx.com/Platform/Overview.aspx

WorldClock:
http://www.timeanddate.com/worldclock/

PLEASE NOTE: PAID SUBS HAVE 24-HOUR ACCESS TO OUR ALPARI TRACKING ACCOUNT TO CROSS REFERENCE YOUR ACCOUNT AT ANY TIME DAY OR NIGHT.


Comments:
Into uncharted currency markets now, Swiss Franc below parity first time ever, Gold over $1000, NZD and AUD moving into all time highs, where is it all going to end? At what point do we say, ok enough is enough, the $ has fell far enough. Well, the beauty of free markets is that the participants decide when we are have reached that point, judging by institutional positioning we are far from that "point". The great thing about currency one of the sides is always in a bull market, this time is the turn of the Euro, Yen and commodity currencies (NZD,AUD, CAD).

We think we are long way from shore regarding the credit crisis, this has obvious implications for the US$ and it's credit cousin the GBP. More bad news is only a matter of time, central bank liquidity injections only a matter of time, ECB and BOJ intervention only a matter of time. You need to stay on your toes in this harsh trading environment, as crisis is followed by crisis. Strict money management and a solid plan will ensure survival where those around you will be losing their shirt. Use the tools, let the platform do the work.

There is a huge amount of money flowing into CHF, have a look at any CHF cross rate on weekly chart. This is smart money pre-positioning as we sail into the financial storm from hell. This is physical delivery of CHF Billions, not a few $100k lots. GBPCHF will suffer most, we will try to get entry point on these CHF crosses for paid subs when they present themselves.

Additional Trades:  Available only to live PAID clients, not trialists. USDJPY spiked down through 100 today and bounced quite heavily, a new entry point will be sent in coming days for new entry. NZD Powers on as does EURGBP and we have big targets on these two trades.

EURJPY: closed -146.
USDJPY: closed +352
NZDUSD: closed -150
USDJPY: closed +289
EURGBP: OPEN
NZDUSD II: OPEN
Total Realised: +345pips
Total Unrealised: +330pips

Live clients will see the SL in the Alpari Login.

SPECIAL NOTE FOR TRIALIST ONLY: We hope you are enjoying your trial. Please don't feel as if we are just a signal provider, when trading with us you will feel like you are trading with a mentor and buddy, a light in the tunnel of forex darkness. Our clear and transparent signal entry and exit are all that is needed to be a success at trading forex. Rigid discipine and a proven strategy is key to building up a sucessful trading account.

Whilst some of you might think $179 is expensive for a service, believe us you will only realise it is very reasonable if you try to learn this game on your own. Take it from us we have been there many years ago. It is only 18 pips if you trade a 100k lot.

EURUSD Results this month (Primary Strategy):

March 3rd: +4pips
March 4th:  0pips (Rolled)
March 5th:  0pips (Rolled)
March 6th: +93pips
March 7th: 0 pips
March 9th: 0pips (Rolled)
March 10th: +44 pips
March 11th: +148pips
March 12th: + 12pips
March 13th: -65 pips

March 17th: +185pips

EURUSD Main Strategy Performance updated here: http://www.fxspotdesk.com/marchstatement.htm
March Primary Strategy Closed: +422 pips

February Primary Strategy Closed: +407 pips.
January Primary Strategy Closed: +547 pips

March Supplement Trades Closed: +139 pips

February Supplement Trades Closed: +206 pips

2008 Total (date): 1191 pips
2007 Total: +3511 pips

2006 Total: +4096 pips
 

Acronym: TP: Take Profit, SL: Stop Loss, TSL: Trailing Stop Loss, CHF:Confederatio Helvetica Franc (Swiss Franc), ECB:Euro Central Bank, BOJ: Bank of Japan.


Warm Regards,

FXSpotDesk Trading Team
W: www.fxspotdesk.com

E: admin@fxspotdesk.com


Risk Warning:Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. The information in this email is for educational purposes only and does construe financial advice. FXSpotdesk is not responsible for any losses incurred from our educational material.