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Hello Eveyone,

I am now a full time instructor for the Online Trading Academy.
I am a traveling instructor to all of the remote campuses.
I teach the forex class as well as the stock class, the futures class, and the options classes. Here is a link to the main website: http://www.tradingacademy.com/
Additional links to the other centers are available on the main website.

Since taking the position, I have not been posting daily trades to the forex FCM's as I did before which is the reason for the inactivity of this blog.

For more information on this trading method, you are invited to attend a webinar on January 15, 2008 at the ISE website. This link will take you to the event page where you can register.

https://ise.webex.com/ec0600l/eventcenter/enroll/join.do?confViewID=281205590&confId=281205590&siteurl=ise&path=program_detail&theAction=detail

The event is called "Forex Trading Based On Supply And Demand".

The ISE has FX options on it's indexes which they wanted me to talk about during this webinar.
The ISE indexes are all dollar numerator based indexes which is the opposite of the spot forex pairs. The Tradestation symbols are $BPX.X, $CDD.X, $EUI.X, and $YUK.X.
There are options in Tradestation's Option Station, but I don't know if you can trade those options in Tradestation yet. The Yahoo Finance symbols are ^YUK, ^CDD, ^EUI, and ^BPX. You are suppose to be able to trade the options in a regular stock account instead of a forex account.

Spend some time watching the webinar archives at the main ISE website for more information on these new indexes and options.

http://www.ise.com/

Hope to see you in January, and happy and health holidays to all,

Steve Misic

EURUSD 6-6-07

6-6-07

EURUSD

The EURUSD long trade from 1.3430 on Sunday is still open. The stop loss has been moved to 1.3490. If the EURUSD closes above 1.3526, I will move the stop up to 1.3519.

GBPUSD 6-6-07

6-6-07

GBPUSD

There were no trades entered in the GBPUSD in the last two days. The GBPUSD never traded down to 1.9800 for a long trade, and since it based near 1.9835 on Sunday, no short trade was entered at 1.9850. I will trade the 1.9900 to 2.023 range for today.

USDCHF 6-6-07

6-6-07

USDCHF

There were no trades entered in the USDCHF for the last two days. The USDCHF opened below the 1.2250 area of demand and has not rallied up to the entry point. I will adjust the range lower for today to enter long at 1.2150 and short 1.2250.

USDJPY 6-6-07

6-6-07

USDJPY

There was a long trade entered in the USDJPY at 1.2180 that was stopped out with a 10 pip stop loss on Monday. I will trade the 1.2084 to 1.2170 range for today.

GBPUSD 6-3-07

6-3-07

GBPUSD

The last trade in the GBPUSD was a long trade at 1.9760 that was stopped out with a 10 pip stop loss. The GBPUSD traded in a range between 1.9733 and 1.9768 for 2 days before breaking out to the 1.9820 highs. I will trade the 1.9800 to 1.9850 range for Sunday and Monday.

EURUSD 6-3-07

6-3-07

EURUSD

The last trade in the EURUSD was suppose to be a pullback long entry at 1.3380.
The low on Friday was 1.3392. If the EURUSD rallies above and closes above 1.3450, I will buy a pullback to 1.3450 for my next EURUSD long trade. I will short 1.3480 if the EURUSD opens above 1.3450 when my platform opens for trading on Sunday, and switch to a long at 1.3450. If the EURUSD opens near 1.3430, I will trade long there instead.

USDJPY 6-3-07

6-3-07

USDJPY

There have been no trades in the USDJPY for the last 3 days.
I will buy a pullback to 1.2180 for my next USDJPY long trade.
I will trade short at 1.2260 with a sell stop once the USDJPY above 1.2272
and reverses lower.

USDCHF 6-3-07

6-3-07

USDCHF

The last long trade in the USDCHF at 1.2242 had a partial exit at 1.2276 and was closed at 1.2247. I will buy the first pullback to 1.2256 and short the first pullback to 1.2377.

EURUSD 5-30-07

5-30-07

EURUSD

The long trade from Monday at 1.3430 was stopped out yesterday at 1.3503 with a trailing stop. I will buy a pullback to 1.3380 for my next EURUSD long trade.

GBPUSD 5-30-07

5-30-07

GBPUSD

A long trade was entered this morning at 1.9767 in the GBPUSD. The GBPUSD rallied to a high of 1.9790 after entry and the trade was closed at 1.9777 with a 10 pip trailing stop. I will re-enter the long trade with a buy stop at 1.9760, if the GBPUSD trades down to 1.9750 and then reverses to avoid a stop run.

USDCHF 5-30-07

5-30-07

USDCHF

There was a long trade entered this morning in the USDCHF at 1.2242. The stop loss has been moved to entry. The USDCHF declined below 1.2242 yesterday and only reversed to fill the buy stop this morning. If the USDCHF reaches 1.2276, a partial profit will be taken and the stop on the rest of the position will be moved to 1.2247.

USDJPY 5-30-07

5-30-07

USDJPY

There was a short trade entered in the USDJPY at 1.2164 that was closed at 1.2156 with a 10 pip trailing stop. No long trade was entered. I will trade the 1.2085 to 1.2250 range for today.

EURUSD 5-29-07

5-29-07

EURUSD

There was a long entry on Monday in the EURUSD at 1.3430. The stop loss has been moved to entry. The first target is 1.3483 if the EURUSD can make it past the 1.3444 area of supply.

GBPUSD 5-29-07

5-29-07

GBPUSD

The short entry at 1.9850 in the GBPUSD was missed by 2 ticks yesterday and 8 ticks today. The area of supply near 1.9850 is not fresh. I will trade long at 1.9767 for my next GBPUSD trade.

USDCHF 5-29-07

5-29-07

USDCHF

There were no trades in the USDCHF yesterday. I will trade long at 1.2242 and short at 1.2335 for today.

USDJPY 5-29-07

5-29-07

USDJPY

A long trade in the USDJPY at 1.2171 was stopped out with a 10 pip loss. I will trade the 1.2109 to 1.2164 range for today.

GBPUSD 5-27-07

5-27-07

GBPUSD

I am planing to trade the 1.9750 to 1.9850 range for early next week in the GBPUSD.

EURUSD 5-27-07

5-27-07

EURUSD

I plan to trade the 1.3430 to 1.3513 range for early next week in the EURUSD.

USDJPY 5-27-07

5-27-07

USDJPY

I will buy the first pullback to 1.2171 in the USDJPY for my next trade. The target is 1.2300.

USDCHF 5-27-07

5-27-07

USDCHF

I am planning to trade the 1.2260 to 1.2360 range for early next week in the USDCHF.

USDCHF 5-23-07

5-23-07

USDCHF

The range I am trading in the USDCHF for today is 1.2272 for a long trade and 1.2377 for a short.

USDJPY 5-23-07

5-23-07

USDJPY

The range I am trading for today in the USDJPY is 1.2158 for a long and 1.2320 for a short.

EURUSD 5-23-07

5-23-07

EURUSD

The range I am trading for today in the EURUSD is 1.3383 for a long and 1.3501 for a short.

GBPUSD 5-23-07

5-23-07

GBPUSD

The range I am trading for today in the GBPUSD is 1.9715 for a long and 1.9847 for a short.