As all the action is now reported on audio and text chat at www.rainbowtraders.co.uk. this will be the last posting on this blog.
The state of play (scorecard) is shown on the home page of the above web address and trades can be copied as they happen. A free 14 day trial is available.
Thanks for following Rainbow Road so far; I hope you continue in the next live trading phase which I hope will be the final run in to your pot of gold!
Tuesday 19 February 2008
Monday 18 February 2008
Terrible morning to trade. The US markets are closed for President's Day so volume low and a very range-bound feel to the day.
Trade signals today were:
S3 SYSTEM I
Buy EURJPY @ 158.50, 30 pip loss
Sell GBPJPY @ 211.06, 40 pip profit (I took 34)
Total 4 pip profit, or loss or £130 loss (as stake size is half on GBPJPY)
S3 SYSTEM II
Just missed a GBPUSD sell @ 6:45am before we opened @ 1.9605!!
Just missed a GBPJPY sell @ 6.45am before we opened @ 211.43!!
Sell GBPJPY @ 210.95, closed at 10 pip loss
Sell EURJPY @ 158.29, didn't take this trade (would have closed at break even by now!)
Total 10 pip loss, or £50
Overall a £180 loss today, which considering the conditions isn't too bad.
See you tomorrow morning at www.rainbowtraders.co.uk.
Trade signals today were:
S3 SYSTEM I
Buy EURJPY @ 158.50, 30 pip loss
Sell GBPJPY @ 211.06, 40 pip profit (I took 34)
Total 4 pip profit, or loss or £130 loss (as stake size is half on GBPJPY)
S3 SYSTEM II
Just missed a GBPUSD sell @ 6:45am before we opened @ 1.9605!!
Just missed a GBPJPY sell @ 6.45am before we opened @ 211.43!!
Sell GBPJPY @ 210.95, closed at 10 pip loss
Sell EURJPY @ 158.29, didn't take this trade (would have closed at break even by now!)
Total 10 pip loss, or £50
Overall a £180 loss today, which considering the conditions isn't too bad.
See you tomorrow morning at www.rainbowtraders.co.uk.
Good morning Team Rainbow. Currently live trading at www.rainbowtraders.co.uk if you want to join in.
Friday 15 February 2008
Trading finished for the day; 53 pips banked or £330.
Have a good weekend all. For those who haven't tried it yet, join in all the action and make some pips at http://www.rainbowtraders.co.uk/ on Monday morning from 6:45.
Have a good weekend all. For those who haven't tried it yet, join in all the action and make some pips at http://www.rainbowtraders.co.uk/ on Monday morning from 6:45.
The live trading room had two trades today (should have been 3 but I was slow off the trigger!) and is currently 53 pips in profit. Another trade was too quick for us as well!
To join in, register at www.rainbowtraders.co.uk.
Signals have been:
S3 SYSTEM I
Sell GBPUSD @ 1.9690, 20 pip profit (didn't get it; slow trigger hand)
Sell EURJPY @ 158.50, 0 pip profit (didn't get it, would have made 20 pips if entering on stops)
Sell GBPJPY @ 212.60, 0 pip profit (already in system II trade, so not traded, but made a 40 pip profit)
Total 20 pip profit, or £200
S3 SYSTEM II
Sell GBPUSD @ 1.9667, 13 pip profit (went on to make 20)
Sell GBPJPY @ 212.73, 40 pip profit
Sell EURJPY @ 158.40, still in progress (didn't take as 33 pips up with only 1 hour to go)
Total 53 pip profit, or £330
I closed at £330 profit today.
To join in, register at www.rainbowtraders.co.uk.
Signals have been:
S3 SYSTEM I
Sell GBPUSD @ 1.9690, 20 pip profit (didn't get it; slow trigger hand)
Sell EURJPY @ 158.50, 0 pip profit (didn't get it, would have made 20 pips if entering on stops)
Sell GBPJPY @ 212.60, 0 pip profit (already in system II trade, so not traded, but made a 40 pip profit)
Total 20 pip profit, or £200
S3 SYSTEM II
Sell GBPUSD @ 1.9667, 13 pip profit (went on to make 20)
Sell GBPJPY @ 212.73, 40 pip profit
Sell EURJPY @ 158.40, still in progress (didn't take as 33 pips up with only 1 hour to go)
Total 53 pip profit, or £330
I closed at £330 profit today.
Good morning Team Rainbow. Live trading room now open at www.rainbowtraders.co.uk.
No economic releases of import this morning.
No economic releases of import this morning.
Thursday 14 February 2008
Good afternoon everyone. This morning got off well. Those up early in the conference room managed to copy my trades and make good gains. Personally, I made 53 pips profit. The signals today were:
S3 SYSTEM I
Buy GBPUSD @ 1.9650, 20 pips profit
Sell EURJPY @ 158.10, 30 pip loss
Total 10 pip loss, or £100
S3 SYSTEM II
Buy GBPUSD @ 1.9674, 10 pip profit (went on to make 20!)
Buy GBPJPY @ 212.88, 23 pips profit (went on to make 40!)
Buy GBPUSD @ 1.9706, 20 pip profit
Total 53 pip profit, or £415.
S3 SYSTEM I
Buy GBPUSD @ 1.9650, 20 pips profit
Sell EURJPY @ 158.10, 30 pip loss
Total 10 pip loss, or £100
S3 SYSTEM II
Buy GBPUSD @ 1.9674, 10 pip profit (went on to make 20!)
Buy GBPJPY @ 212.88, 23 pips profit (went on to make 40!)
Buy GBPUSD @ 1.9706, 20 pip profit
Total 53 pip profit, or £415.
To also benefit from these live trades, go to www.rainbowtraders.co.uk. We open at 6:45am and finish late morning.
Off to a flying start this morning in the live conference room. The first trade was at 7am! Currently 3 trades have been taken and we are 53 pips in profit. For more information, go to www.rainbowtraders.co.uk.
Wednesday 13 February 2008
Well today's first conference room broadcast went well although I only scored 9 pips!! The signal trades were good for more than that and if I'd been more attentive to the charts whilst talking (as some of the attendees were!) I would have achieved the 40 pip target. The signals were highlighted and flagged up by me in advance so many just took them. Slight learning curve on the headset and Hospital Radio DJ approach whilst trading for me! However, those that were trading got more than I did!!
Tomorrow we will use stops to enter on system I as this will ease things. Today, for example, I would have secured two more winning trades, rather than trying to talk and trade at the same time. I'll get used to it. The BOE inflation report at 9:30am threw me a little as I expected more of a fast move than we got. With hindsight, there was time to get into two system I trades at about 9:35am, but I was rabbiting on at the time and they moved quickly!
Here are today's signals:
S3 SYSTEM I
Buy GBPJPY @ 210.00, 40 pip profit
Buy GBPUSD @ 1.9580, 20 pip profit
Buy EURJPY @ 156.20, 20 pip profit (already in system II trade below)
Total 80 pip profit, or £600 (both sterling trades could have been taken at 9:35am, my fault)
S3 SYSTEM II
Buy GBPJPY @ 209.83 (couldn't have got it as signal given at 9:30), 0 pips
Buy EURJPY @ 156.07, 20 pip profit
Total 20 pip profit, or £200
Thank you to those who attended today and thanks for your positive feedback.
If you want to try out the conference room for these live trades tomorrow, go to www.rainbowtraders.co.uk and follow the logging in instructions. Any problems just email me.
Tomorrow we will use stops to enter on system I as this will ease things. Today, for example, I would have secured two more winning trades, rather than trying to talk and trade at the same time. I'll get used to it. The BOE inflation report at 9:30am threw me a little as I expected more of a fast move than we got. With hindsight, there was time to get into two system I trades at about 9:35am, but I was rabbiting on at the time and they moved quickly!
Here are today's signals:
S3 SYSTEM I
Buy GBPJPY @ 210.00, 40 pip profit
Buy GBPUSD @ 1.9580, 20 pip profit
Buy EURJPY @ 156.20, 20 pip profit (already in system II trade below)
Total 80 pip profit, or £600 (both sterling trades could have been taken at 9:35am, my fault)
S3 SYSTEM II
Buy GBPJPY @ 209.83 (couldn't have got it as signal given at 9:30), 0 pips
Buy EURJPY @ 156.07, 20 pip profit
Total 20 pip profit, or £200
Thank you to those who attended today and thanks for your positive feedback.
If you want to try out the conference room for these live trades tomorrow, go to www.rainbowtraders.co.uk and follow the logging in instructions. Any problems just email me.
Good morning Team Rainbow. This morning is the first morning of the online conference room where I will be live trading.
Consequently from now on, the blog postings will diminish. I will still post the score card at the end of each session.
Today's economics: BOE core inflation report at 9:30am and US retail sales at 1:30am.
Consequently from now on, the blog postings will diminish. I will still post the score card at the end of each session.
Today's economics: BOE core inflation report at 9:30am and US retail sales at 1:30am.
Tuesday 12 February 2008
ONLINE CONFERENCE ROOM
Just one thing I have noted. When you attempt to enter your password you have to untick the moderator box first (that's me!). If you try to enter with the moderator box ticked, it won't let you in.
ONLINE CONFERENCE ROOM
I think that the gliches are now sorted. If you complete the process again, then you should be able to get this time with your password!!
ONLINE CONFERENCE ROOM
As with all these great things, hurdles are placed first. We have gliches at Houston and we are trying to fix.
Deep breaths.
Deep breaths.
LAUNCH OF ONLINE TRADING ROOM
Good afternoon all Team Rainbow travellers.
I have finally got the online conference room up and running (although I am offline at the moment).
There is a free 14 day trial for all.
I will not discuss generally the chart set-ups, etc in fairness to delegates who have paid to receive that information at my seminar. I will be trading live so those who wish to copy my trades can do so. I will be explaining what I am doing, but not the methodology of my systems, which I teach at the seminars.
In order to recieve your 14 day free trial, you have to take out a weekly or monthly subscription through PayPal. You can cancel this at any time duriong the first 14 days and no payments will be taken. Thereafter you can cancel at any time.
To kick off, go to www.rainbowtraders.co.uk. At the bottom right of the page are 2 paypal sub buttons; one weekly and one monthly. Hitting either will get you to paypal where you can set up a subscription. Once that is done, you should get a page with the software download link and password link.
I have a microphone; when I check the button to the right of TALK NOW on the main conference room page it means I can talk hands free and no-one else can. I will do this when trading as it will make it possible to place trades and talk everyone through it at the same time. Gone are the days of having to email/SMS you signals whilst I am trading!! You can hit TALK NOW and talk if you have mic's etc. If not, just use the text box and send buttons.
Hopefully see you in the conference room tomorrow morning.
Any queries just email me.
I have finally got the online conference room up and running (although I am offline at the moment).
There is a free 14 day trial for all.
I will not discuss generally the chart set-ups, etc in fairness to delegates who have paid to receive that information at my seminar. I will be trading live so those who wish to copy my trades can do so. I will be explaining what I am doing, but not the methodology of my systems, which I teach at the seminars.
In order to recieve your 14 day free trial, you have to take out a weekly or monthly subscription through PayPal. You can cancel this at any time duriong the first 14 days and no payments will be taken. Thereafter you can cancel at any time.
To kick off, go to www.rainbowtraders.co.uk. At the bottom right of the page are 2 paypal sub buttons; one weekly and one monthly. Hitting either will get you to paypal where you can set up a subscription. Once that is done, you should get a page with the software download link and password link.
I have a microphone; when I check the button to the right of TALK NOW on the main conference room page it means I can talk hands free and no-one else can. I will do this when trading as it will make it possible to place trades and talk everyone through it at the same time. Gone are the days of having to email/SMS you signals whilst I am trading!! You can hit TALK NOW and talk if you have mic's etc. If not, just use the text box and send buttons.
Hopefully see you in the conference room tomorrow morning.
Any queries just email me.
The conference room is nearly ready. Working on it again this morning, but these were the signals:
S3 SYSTEM I
Sell GBPUSD @ 1.9520, 20 pip profit
Buy GBPUSD @ 1.9480, 20 pip profit
Sell EURJPY @ 155.40, 20 pip profit
Buy EURJPY @ 155.40, 20 pip profit
Sell GBPJPY @ 208.60, 40 pip profit (but probably would have taken only 15)
Buy GBPJPY @ 208.60, 40 pip profit
Total 160 pip profit, or £1,200.
S3 SYSTEM II
Sell EURJPY @ 155.24, 20 pip profit
Sell GBPJPY @ 208.04, 60 pip loss (wouldn't have taken this, spike from news related 9:30 - 9.45)
Buy GBPJPY @ 208.79, 40 pip profit
Buy GBPUSD @ 1.9535, 12 pip profit
Buy GBPUSD @ 1.9504, 20 pip profit
Total 32 pip profit, or £420.
I hope to get the conference room up and running today, ready for tomorrow morning. Everyone can therefore participate in the trades as they happen. I will email details this afternoon. Sod's law is towering over me, after two great days this week. Tomorrow the hat trick??!!
S3 SYSTEM I
Sell GBPUSD @ 1.9520, 20 pip profit
Buy GBPUSD @ 1.9480, 20 pip profit
Sell EURJPY @ 155.40, 20 pip profit
Buy EURJPY @ 155.40, 20 pip profit
Sell GBPJPY @ 208.60, 40 pip profit (but probably would have taken only 15)
Buy GBPJPY @ 208.60, 40 pip profit
Total 160 pip profit, or £1,200.
S3 SYSTEM II
Sell EURJPY @ 155.24, 20 pip profit
Sell GBPJPY @ 208.04, 60 pip loss (wouldn't have taken this, spike from news related 9:30 - 9.45)
Buy GBPJPY @ 208.79, 40 pip profit
Buy GBPUSD @ 1.9535, 12 pip profit
Buy GBPUSD @ 1.9504, 20 pip profit
Total 32 pip profit, or £420.
I hope to get the conference room up and running today, ready for tomorrow morning. Everyone can therefore participate in the trades as they happen. I will email details this afternoon. Sod's law is towering over me, after two great days this week. Tomorrow the hat trick??!!
Good morning Team Rainbow. I am still in the process of sorting the new online conference room. I am confident it will be ready today so bear with me; it will be worth the wait!!
A good day yesterday; only one bad signal, and almost perfect set-ups.
The stock market feels like it is in limbo; it may range for a while. There are no powerful reasons to buy or sell at present. The Eliot wavers think we are still in a downtrend and a bounce up is needed to around 1350 on the S&P before another down phase starts. They might be right; the market is feeling a bit more stable of late and therefore capable of another modest move up.
Today's economics: UK CPI and RPI at 9:30am and the German ZEW economic sentiment at 10am.
A good day yesterday; only one bad signal, and almost perfect set-ups.
The stock market feels like it is in limbo; it may range for a while. There are no powerful reasons to buy or sell at present. The Eliot wavers think we are still in a downtrend and a bounce up is needed to around 1350 on the S&P before another down phase starts. They might be right; the market is feeling a bit more stable of late and therefore capable of another modest move up.
Today's economics: UK CPI and RPI at 9:30am and the German ZEW economic sentiment at 10am.
Monday 11 February 2008
Today's trades were:
S3 SYSTEM I
Sell GBPUSD @ 1.9450, 20 pip profit
Buy GBPUSD @ 1.9440, 20 pip profit
Buy EURJPY @ 155.20, 20 pip profit
Buy GBPJPY @ 207.40, 40 pip profit
Total 100 pip profit, or £800
S3 SYSTEM II
Sell GBPUSD @ 1.9445, 20 pip profit
Buy GBPUSD @ 1.9490, 20 pip profit
Buy EURJPY @ 156.07, 30 pip loss
Sell EURJPY @ 155.75, 20 pip profit
Sell GBPJPY @ 208.33, 40 pip profit
Buy GBPJPY @ 207.72, 40 pip profit
Total 110 pip profit, or £700
Wow!! Great day and, again, I wasn't trading (putting conference room together). But at least those at saturday's seminar can see why these trades occurred.
S3 SYSTEM I
Sell GBPUSD @ 1.9450, 20 pip profit
Buy GBPUSD @ 1.9440, 20 pip profit
Buy EURJPY @ 155.20, 20 pip profit
Buy GBPJPY @ 207.40, 40 pip profit
Total 100 pip profit, or £800
S3 SYSTEM II
Sell GBPUSD @ 1.9445, 20 pip profit
Buy GBPUSD @ 1.9490, 20 pip profit
Buy EURJPY @ 156.07, 30 pip loss
Sell EURJPY @ 155.75, 20 pip profit
Sell GBPJPY @ 208.33, 40 pip profit
Buy GBPJPY @ 207.72, 40 pip profit
Total 110 pip profit, or £700
Wow!! Great day and, again, I wasn't trading (putting conference room together). But at least those at saturday's seminar can see why these trades occurred.
Thank you to everyone who attended my 1st seminar on Saturday and also your positive comments are much appreciated.
I will be holding another seminar on Saturday 1st March in London. If any one would like to reserve a place then please contact me as soon as possible. The location is at the Malmaison Hotel.
The cost is £1,250 as before, and should you fail to achieve a 20% return on capital from the systems' signals during the following 30 days then I will refund the cost to you. Remittance would be required by 19 February so I can book it all up.
Again, the maximum attendance is 10, which enables (I feel) a better participation and understanding from delegates.
I will be holding another seminar on Saturday 1st March in London. If any one would like to reserve a place then please contact me as soon as possible. The location is at the Malmaison Hotel.
The cost is £1,250 as before, and should you fail to achieve a 20% return on capital from the systems' signals during the following 30 days then I will refund the cost to you. Remittance would be required by 19 February so I can book it all up.
Again, the maximum attendance is 10, which enables (I feel) a better participation and understanding from delegates.
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