February 15, 2012

12:15 pm E.S.T.
Good afternoon everyone, I realize that I sent everyone an email 'alert' about my trade in the EUR/USD. And with this trade, I'm going to try to take the methodology live into the newsletter. The results of our work in creating a profitable Forex strategy has seen good results. I think it's time, to try it with A.M.B. Yet, I do release these issues on a delayed basis over at Scribd. I can't post my 'email' updates that you all receive on Scribd. So I didn't want a Forex trade showing up as a result in the newsletter (whichever way it turns out), without some sort of 'newsletter' update as to this trade. So, as I stated in the email I am currently long 60 EUR/USD at 1.3083(8). There is a 100 Pip profit target, and a 50 pip trailing stop loss order in. Seasonally, the EUR/USD puts in it's bottom now, and climbs higher until the middle of March. We are also at an S Script BUY turning point. So let's see what the market gives us ... Until next time, stay safe trade well, and remember that loving other people doesn't cost a dime.
Note: I, the author do not grant this work for wide distribution beyond any single individual subscriber as this publication is protected by U.S. And International Copyright laws. All rights reserved. No license is granted to the user except for the user's personal use. No part of this publication or its contents may be copied, downloaded, stored in a retrieval system, further transmitted or otherwise reproduced, stored, disseminated, transferred, or used, in any form or by any means except as permitted under the original subscription agreement or with prior written permission. The above statements should not be construed as an investment or trading recommendation. Aileron Market Balance is a newsletter that allows subscribers to look 'over my shoulder' as it were, for my own personal specific trading and investing ideas and thoughts for the next week. But they are only thoughts as of the moment of publication, and are subject to change. Any trades or investments that I discuss within this newsletter are simply my own thoughts regarding my own investing and trading outlook. Remember that entering any market is an individual decision. There is no guarantee that I will enter, or have entered any of the trading or investing ideas that I discuss in this newsletter; as larger accounts may require a different strategy as the ones presented here. This newsletter simply contains my trading and investing thoughts for the next week. I personally only enter any market after watching and reading the tape and I trade using money management principles1. The losses in trading can be very real, and depending on the investment vehicle and market, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 16 years of experience in trading and investing in these markets. The Model Portfolio accounts are hypothetical accounts,with all of the inherent problems therein, which are used within this newsletter in an attempt to track the results of this newsletter, and is run for the education of other traders who should make their own decisions based off their own research, due diligence, and tolerance for risk. Any pictures used within this newsletter are believed to be public domain. Any charts that are displayed using the ThinkorSwim platform, and other pictures were obtained through Wikipedia's public domain policy.

1 Exact Link - http://nononsensetrading.com/MoneyManagement.html