ITLFx Foreign Exchange trading

Tuesday 18 June 2013

Friday Webinars

Hi All

Last Friday's first open webinar went very well despite being a difficult day and a late start. Plenty of pips were made.

Here is the link for this Friday:  21:06:2013 2pm BST

Please join the meeting, by clicking on this link:
http://go.teamviewer.com/v8/m29707382

Meeting ID: m29-707-382

www.teamviewer.com - Easy online meeting & screen sharing

P.s Hope everyone profited today from the daily analysis. We had a blinding day using market entry orders hope you did too.

Steve

Saturday 8 June 2013

Friday webinars

Hey All

When i finish work on a Friday afternoon i have been doing some training webinars for some friends etc and i have decided to publish the link to the webinar here every week so anyone can join in.

The existing members will receive a market review before the webinar starts so you know what the most likely trade scenario is. New members will see these levels drawn on my charts but not receive the analysis that gave us these levels.

Bear in mind this will only happen on a Friday from approx 2pm UK time (Currently BST) after i have finished work. In 2014 i plan to start doing it every day 7am to 4pm.

Also before the end of the year i will be starting a website and eventually everything will be done from there instead of this blog.

Everyone is welcome to join in. Syndicate member or not and its FREE.

Quick Note to new passers by that would like to join in. ITLfxclub is a syndicate that we started approx 4 years ago with a very small amount of capital. Most investors invested £10 each and there are approx 30 people in the syndicate. The account has more than doubled in that time but i have only been able to trade on a part time basis because of my full time job. I am not an investor i am a day trader so rarely will a trade be carried over. Although we do discuss the longer term setups. The last one we called was on the Eur\Usd and if anyone took it then they should have exited on Thursday last week 06:06:2013 This was a buy from approx 1.2850 to 1.3255 for little over 400 pips lasting for about a week.

Do not be put off by the small cash amounts posted on the blog as the syndicate account is small and
my main concern is always managing it correctly and not over leveraging. Note the pip count instead so if i posted 50 pips on a particular day and you are a 1 standard lot trader then you would have earned $500 less spread. Just had to point that out for new traders.

In 2014 i will be trading my personal account along side the syndicate account every day.

Currently i am testing out TeamViewer for the web conferencing to see if it is worth buying. Here is the link to next week's webinar.
Please join the meeting, by clicking on this link:
http://go.teamviewer.com/v8/m22711004
Meeting ID: m22-711-004

www.teamviewer.com - Easy online meeting & screen sharing

P.s If you would like to join in to see how we trade then please join the Blog.

Steve

Friday 17 May 2013

2014 ITLFxclub Time to go Pro.

Hi All
As some of you know i am leaving ITL at the end of the year. I intend to start trading the Currency market full time in 2014. I have been building up to this point for the past 4 years.

I have saved enough money to trade a decent size account along side the Syndicate account. So i now need to ask the question: Who would like to stay in the account?

To be honest trading is pretty boring most of the time as you have to be patient and wait for a trade to set up. So i am hoping the majority if not all will stay. This will give me things to do as i can write news letters. Post account summaries etc etc to keep me busy.

If you do not want to stay in it then it is no problem i can give you your cash before i leave. If you stay i will give out all of my contact details so you can contact me any time.

For people that do stick with it then i was going to suggest a periodic meeting so we can get together and have a drink or whatever on some of the proceedings and we could catch up and decide on the future direction of the account and what threshold we should set before profit share etc.

I will do a printout shortly with every one's name on it and a couple of tick boxes stay or go sort of thing. Also i will need to make sure i have every one's contact details up to date.

I'm really looking forward to 2014. On the other hand i know i will miss ITL very much.
Steve

Friday 9 November 2012


Hi All
Trade results for today $54 and we also made $22 yesterday after (ECB) Mario Draghi's announcement. Yesterday afternoon trading was quite disappointing really. It just fizzled out and went into accumulation again. So to sum this week up we have made approx $400.

I have 4 days holiday next week too so lets see what we can do with that (-:

Steve

Thursday 8 November 2012

Hi All
Today i have missed the main move of the morning session as i was busy trying to update our Google Doc and lost track of time.
The European Central Banker (Draghi) has a speech this afternoon and the markets usually react in a disorderly fashion to his initial announcement.


For this reason i will be waiting until after his announcement and the dust has settled before entering a trade if any this afternoon.
The image above shows we made another $74 last night.

Steve

Wednesday 7 November 2012


Hi All
As you know i'm off work this week and doing some trading while i'm off.

Monday the market moved really early 7am and i did not get the chance to enter. In the afternoon it just went sideways in an accumulation faze.


Tuesday was really slow and i got fed up watching it go nowhere fast so i exited a trade with a whopping (-:  $4.99 profit.

I entered a trade last night about 1am and when i got up this morning it had hit our target and the auto take profit i set up had been triggered. Making us $266 See screenshot.

Today (Wednesday) we lost $33 I was a bit upset with this one as it was a setup that i look for all of the time and i usually make decent profits from that type of trade. I must have still been asleep to get that one wrong lol. Never mind yo can't win em all.

Steve

Tuesday 30 October 2012

Hi All
Just a quick post of our trading results this week so far $82.

I have more plans for this week
and im just waiting for the correct
levels to be hit before we enter.

Click on the image to enlarge.

Steve