Tuesday, October 31, 2006

Tuesday October 31st

Hello Forex Traders,

We had 1 trade yesterday just a medium and it was a loser on the USD/CAD.

Historically 2 pairs have traded well on Tuesday's.

GBP/AUD
GBP/YEN

We will see what happens with them today.

Have a good trading day.

Steve Hoven
alleycatnews@alleycatnews.net

Monday, October 30, 2006

3 good trades today? Monday October 30th

Hello Forex traders, www.LazyTrading.com

I hope you had an enjoyable weekend.

For today's trading we have 3 pairs that have historically performed well on Monday's.

USD/CAD
GBP/AUD
GBP/USD

Due to the time change over the weekend in the U.S it does move the time frames up to 11.30am Eastern-3.30pm Eastern. (It is still 1630gmt-2030gmt) Just now eastern time is 5 hours behind GMT instead of 4 hours.

So make note of that for your trading.

I am looking for a good week this week after a very slow and boring week last week. It looks like the pairs have a little more movement this morning so hopefully that will continue and give us some good selections in the coming days.

Have a great trading day

Steve Hovenalleycatnews@alleycatnews.net

www.LazyTrading.com

Friday, October 27, 2006

Friday October 27th

Hello Forex traders,

What a slow week for us.

5 trades this week and none were for more than 7 pips in EITHER DIRECTION.

Yesterday was more of the same.

AUD/USD -3 PIPS
GBP/USD +1 PIP (needed 6 on BOM)

Looks like today is finally picking up some movement after the GDP number was released.

A note that the time changes here in the U.S on Saturday night. And since our software is based on GMT (which doesn't change) you will need to adjust accordingly your trading. So instead of 12.30pm-4.30pm Eastern for trading. It will be 11.30am-3.30pm trading.

More than likely over the next 90 days I will discontinue offering the LazyTrading.com Software. (FOR SURE AT THIS PRICE.) I want to focus on current customers and I don't want 1000's of people owning this software. Check it out at www.LazyTrading.com

Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net

Thursday, October 26, 2006

Trading for October 26th

Hello Forex traders,

Markets didn't move much yesterday even with the FOMC meeting.

We had 2 trades both were VERY SMALL. And both were losses on BOM.

The markets have been very slow this week.

USD/YEN +1 PIP (needed 4 on BOM)
GBP/USD -7 PIPS

We keep the losses small and that is key in trading. We did have a nice week last week just hasn't been much to pick from this week.

2 currency pairs do pretty well on Thursdays they are....

AUD/USD
GBP/USD

check out the software at www.LazyTrading.com I won't be offering the software forever especially at that price.

Have a good day.

Steve Hoven
alleycatnews@alleycatnews.net

Wednesday, October 25, 2006

FOMC TRADING Fed Day October 25

Hello Forex traders,

We didn't have any trades yesterday. Things were pretty slow ahead of the FOMC meeting today. (Which is at 2.15pm Eastern)

We have 4 currency pairs that historically have performed well on Wednesday's and they are....

USD/YEN
GBP/AUD
GBP/USD
GBP/YEN

HAVE A GOOD TRADING DAY.
Steve Hoven
alleycatnews@alleycatnews.net

Tuesday, October 24, 2006

October 24th Forex trades

Hello Forex traders,

Just one trade yesterday that was a medium size trade on the USD/CAD and it was for 0 pips.

As far as today, things look pretty slow so far today we will see how things develop later today.

2 currency pairs do historically well on Tuesdays.

GBP/AUD
GBP/YEN

No real news to hit today to move the markets. Tomorrow is FOMC meeting.

Have a good day.

Steve Hoven
alleycatnews@alleycatnews.net

Monday, October 23, 2006

Start another week off STRONG. October 23

Hello Forex Traders,

I hope you had a great weekend.

No real news scheduled today that will move the forex markets that I show.

I am looking for another great week so we will see what happens.

3 pairs have historically done well for the LazyTrading.com Software on Mondays they are....

USD/CAD
GBP/AUD
GBP/USD (This one looks pretty interesting early)


Last week we started the week off with a 2-0 record on Monday and 49 pips overall!!

Lets see if we can meet or beat that today.

Have a great trading day.

Steve Hoven
alleycatnews@alleycatnews.net

www.LazyTrading.com

Friday, October 20, 2006

Friday October 20th Nice Week

Hello Forex Traders,

To recap yesterday we had 2 trades both medium size and both weren't anything special.

AUD/USD winner by 4 pips
GBP/USD winner by 1 pip (loser on bom)

So a basically breakeven maybe plus a couple pips for the day.

For the week we had the following trades......

USD/CAD +11 PIPS (medium size)
GBP/AUD +38 PIPS (medium size)
GBP/AUD (-27 PIPS) (medium size)
GBP/YEN +49 PIPS (medium size)
GBP/AUD (-13 PIPS) (Very small size)
GBP/USD +5 PIPS (Very small size)
AUD/USD +4 PIPS (medium size)
GBP/USD +1 PIPS (medium size)

Not too bad for a week!

If you want to get to be part of that go to www.LazyTrading.com we offer 90 days Instant message support to help you out with your trading along with the software.

As far as today goes we don't trade on Friday's for the LazyTrading.com Software.

I am looking for another very good week next week so stay tuned to this blog for more great picks.

Have a great weekend.

Steve Hoven
alleycatnews@alleycatnews.net

Yahoo Messenger ID bomsoftware

Thursday, October 19, 2006

October 19th 2 good trades today?

Hello Forex Traders,

Yesterday was pretty dull. We had 2 trades yesterday and both were for VERY SMALL.

GBP/AUD was 13 pip loser
GBP/USD was 5 pip winner (Needed to be a 6 pip winner on BOM)

Both trades were placed for Very small due to their movements for the day etc.. We chat about that on the yahoo messenger with members of the LazyTrading.com.

So overall still a nicely profitable week to date.

As for today 2 historically good currency pairs based on the data from www.LazyTrading.com

AUD/USD
GBP/USD

Both historically have performed well based on the signals from the LazyTrading Software.

If you would like to learn more go to www.LazyTrading.com

Have a great trading day

Steve Hoven
alleycatnews@alleycatnews.net

yahoo messenger ID bomsoftware

Wednesday, October 18, 2006

Big Day for LazyTrading.com? October 18th

Hello Forex traders,

Well first off I got stopped out of my NZD/USD short trade. I was up a good amount at one point but wanted MORE. It offered good risk/reward so I don't have any real regrets on that trade. It was just giving back a small portion of the nice GBP/AUD divergence trade anyway so still up nicely on those 2 "side" trades.

As far as yesterdays LazyTrading.com trades we were 1-1 on the day. Both were medium size trades.

GBP/AUD was a 27 pip loser
GBP/YEN was a 49 pip WINNER

So overall if trading on the forex market you still ended up with a nice 20 pips or so. Add that to the 49 pips on Monday and we are having a nice week so far.

As far as today's trades historically the LazyTrading.com software offers 4 currency pairs that have performed well on Wednesdays.

USD/YEN
GBP/AUD
GBP/USD
GBP/YEN

We will see how things go with those pairs. Trades have been nice so far this week let us see if they continue to be.

The major CPI news is out for the day. Oil inventory comes out at 10.30am Eastern unless a big surprise shouldn't do much for the markets.

Check us out at www.LazyTrading.com

Have a great trading day
Steve Hoven
alleycatnews@alleycatnews.net

Yahoo Messenger ID bomsoftware

Tuesday, October 17, 2006

2 Nice Winners, October 17th

Hello Forex traders,

I hope you had a profitable Monday.

We did with the LazyTrading.com software.

Both trades were medium in size. Both were historically very good for that day and both paid off quite nicely.

USD/CAD 11 Pip Winner
GBP/AUD 38 Pip Winner

Just a note if you don't have a broker that offers GBP/AUD look into http://www.SuperMiniForex.com they offer that pair and you can open an account for as little as $100 and even via Credit card.

Anyway so yesterday was a nice start to the week.

As far as today goes historically their are 2 good pairs to trade.

GBP/AUD
GBP/YEN

There is some news that will move the market at 8.30am Eastern with the PPI. And some smaller news at 9.15am Eastern. Tomorrow the 8.30am CPI should move the market as well.

As far as my NZD/USD trade (non lazytrading software just looking at charts) I am still in I didn't take the conservative approach and put in a break even stop. It didn't close above the .6620 area yesterday but looks like it will today. I have a stop in case of a spike so we will see. If I get lucky on the news or something and drive it back down to a close below .6620 I would still feel ok about it. But if it does close above .6620 and I haven't been stopped out at that time I will exit the position. It isn't that big of position as mentioned earlier and took it due to the nice profits in the GBP/AUD bear divergence last week.

Have a great trading day.
If you would like to discuss the LazyTrading.com Software you can chat with me on Yahoo messenger at bomsoftware

or email me at alleycatnews@alleycatnews.net and visit the site at http://www.LazyTrading.com

Thank you
Steve Hoven

Monday, October 16, 2006

Monday October 16th Start of a good Week

Hello Forex traders,


I hope you had a good weekend.

I am still in the NZD/USD short trade. I am still up a little bit, though it has moved against me a bit today. Conservative play would be to put the stop at breakeven but I am going to wait it out and see if it closes above .6620ish first. It still offers good risk/reward and I made some good pips with the GBP/AUD divergence trade last week I got some pips to play with.
If the NZD/USD breaks .6540 it should move easily to .6500 and hopefully to my target in the .6470 range.

As far as today's trading historically the following currencies have done well with LazyTrading.com Software on Monday's.

USD/CAD
GBP/AUD
GBP/USD

I am looking for a good week this week in the forex market. Hopefully you can be part of that with us.

Have a great trading day.

Steve Hoven
alleycatnews@alleycatnews.net

http://www.LazyTrading.com

Friday, October 13, 2006

October 13th NZD/USD TRADE

Hello Forex Traders,

We had 1 trade yesterday with the AUD/USD it was a 6 pip loser.

Very light trading week for us. The things early in the week didn't seem to fall into place. But as I have said before I would rather trade little than have a lot of losing trades. So we can capture good action when the markets are in our favor.
The markets will always be there no need to force it.

I mentioned yesterday as well that I went short the NZD/USD. Based on the daily chart it looks like it could fall 100 + pips and the risk was only in the 30-40 pip range so it was very good risk reward. My fill was .6607 the key is not to get a daily close above .6620 and I think it is pretty safe trade as long as that doesn't happen. I have my stop higher then that in case of a run that way etc.. I am looking for about .6470ish on it. It is in profit some already this morning we will see how it goes. I may consider a breakeven stop once it gets down to .6550 I'll keep you posted though.

We don't have LazyTrading.com trades on Fridays so nothing to report on that.

I hope you have a great trading day and great weekend.

I'll be back here Lord willing on Monday.

Take care
Steve Hoven
alleycatnews@alleycatnews.net

FYI if you are into stocks I should have my 3rd StockDoubling.com pick out early next week.
www.StockDoubling.com if interested, it is free.

Thursday, October 12, 2006

Thursday October 12th

Hello Forex traders,


Yesterday was another quiet day. We have seemed to have a lot of those lately. The only trade taken was a Very Small GBP/AUD trade and it was a loser by 11 pips.

So we are still up for the week with a 1-0 on the Normal size trades and 0-1 on the very small trades.

Today is Thursday which tends to be quiet as well.

The 2 pairs that have fared well over the last year + on Thursdays are .....

AUD/USD (This pair has moved nicely already looks like it may setup for a nice trade)
GBP/USD


GBP/AUD continued lower down 400+ pips from my bear divergence entry! It pays to read this blog.

I just went short the NZD/USD based on the daily charts. My fill was .6607 I have roughly a 30-40 pip stop in and am looking for 100-130 pip move over the next week or so.

The stock markets are up big already this morning. If you are into that stuff check out
http://www.NasdaqProfits.com

Have a great trading day

Steve Hoven
alleycatnews@alleycatnews.net

http://www.LazyTrading.com

Wednesday, October 11, 2006

Close out of GBP/AUD 240 pips October 11

Hello Forex Traders,

Another good day trading yesterday.

I closed out of the remaining 2/3rds of the GBP/AUD bear divergence yesterday for 240 pip gain! Just another advantage for reading this blog on a Daily basis.

I also had a Signal on the LazyTrading.com software for the GBP/AUD which was a 25 pip winner!

That was the only trade we had yesterday but a nice winner for the LazyTrading.com software.

As for Today the markets look like they haven't had a lot of movement yet today on a few of the pairs.

Historically on Wednesdays the following pairs work well for the LazyTrading.com software all of which high 60's or low 70's winning rate.

They are...

USD/YEN
GBP/AUD
GBP/USD
GBP/YEN

If you can't find a good broker for the GBP/AUD look at http://www.SuperMiniForex.com I use them for that pair.

That is all for today.

Have a great trading day.
Steve Hoven
alleycatnews@alleycatnews.net

Tuesday, October 10, 2006

Tuesday October 10th

Hello Forex traders,

I exited out of 1/3 of my position in the GBP/AUD yesterday with about 80 pip winner. As of this writing I still have the other 2/3's of the position still short. And at present that is currently in profit by a little over 200 pips. It is currently at 2.4970 which past first target. I have put in a stop a little above 2.5000 so worst case I will close out the rest of the position with about 170 pips profit. I am still looking for some more downside though.

I hope you were able to trade it as well. I know a lot of forex brokers don't offer the GBP/AUD pair but it is a great pair and used frequently with the LazyTrading.com software. I have found a broker recently that offers it and I was able to use them for this Divergence trade. (Usually I have always had to use BetonMarkets for GBP/AUD trades)

You can find the broker at http://www.SuperMiniForex.com They offer a low $100 minimum deposit and you can deposit by Credit Card which is very nice. I have only used them for about a week now. Their spreads aren't the greatest by any means. I only plan on using them for the GBP/AUD myself. So if you are looking for a good way to trade the GBP/AUD this is a good way to go. Or if you are just looking to start in the Forex market at $100 Minimum with credit card deposit I don't know of another broker that low. You can download their free demo software as well. (You can also find the banner on the top of this blog)

As far as yesterday's trades we didn't have any LazyTrading.com software trades. The market was a bit slower yesterday maybe some people took some time off as it was a Holiday in Canada and the U.S.

I don't show any scheduled news releases coming out today that would move the markets.

As far as Tuesday trading with LazyTrading.com historically 2 good pairs to trade......

GBP/AUD
GBP/YEN


Feel free to contact me with any questions at alleycatnews@alleycatnews.net or on Yahoo messenger at bomsoftware

Have a great trading day
Steve Hoven

Monday, October 09, 2006

Gbp/Aud looking GREAT! Monday October 9th

Hope you had a great weekend,

GBP/AUD short divergence is looking great that I talked about on Friday. Hopefully you are in some good profit with that trade. It is getting close to first target and I may sell 1/2 my position a little later today depending on how the LazyTrading.com software is going. As they may have a signal in the GBP/AUD later as this is a good day historically for that pair.

But you should be sitting on 150-200 pips right now in that pair.

As far as todays trading historically 3 pairs have a good record.

USD/CAD
GBP/AUD
GBP/USD

I wish you the best in your trading.

I feel you won't find better Forex Software, winning trades, and SUPPORT for $79 and a 100% money back guarantee. Check it out at http://www.LazyTrading.com

Steve Hoven
alleycatnews@alleycatnews.net

Friday, October 06, 2006

Fridays Forex trade and a GBP/AUD TRADE?

Good Morning Forex Traders,

The jobs report moved the markets this morning and things are still active which is nice after a slow week.

Yesterday the only thing that presented itself was the GBP/AUD it wasn't a good day historically for that pair I decided to pass on it. It would have been a small winner. So No official trades yesterday.

Overall for the week for the Lazytrading we finished down based on BOM though less than 1 normal size trade. On Forex finished with about 10 pips so nothing big either way. Preserve the capital when the markets aren't in your direction and in the long run do VERY WELL.

LazyTrading.com doesn't trade on Fridays.

On another note though looking at the chart of the GBP/AUD daily chart. I have spotted a possible bear/short divergence. I went short late yesterday and am first looking for a price just under 2.5000 and then just under 2.4900. It isn't a huge trade by any means but I thought I would give it a shot. I am short from just under 2.5200 with a stop above 2.5300

If it can close below 2.5220 today I think it is in good shape.

If you are into stock/nasdaq trading check out my blog at http://www.NasdaqProfits.com it had a 6-2 day yesterday on some stock picks.

Have a good weekend.
Check out http://www.LazyTrading.com
and come back here each day for my daily blog.

Next update on Monday.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net

Thursday, October 05, 2006

Thursday October 5th Forex trading

Well, another winning day yesterday with LazyTrading.com software.

We had 2 trades GBP/AUD normal size and it was a 14 pip winner.
GBP/USD was a very small trade and a loser for 4 pips.

Trading on BOM it was 1-1 but a good size winner. As the winning trade was the bigger trade.

GBP/USD is finally getting some movement today after being dead the last couple of days.

Historically their are 2 trades that produce well today.

AUD/USD
GBP/USD

Their are also 2 other currency pairs that are looking like a good opportunity later today. If that is still the case around signal time I will discuss that with those on Yahoo messenger.

Of course tomorrow is the big Jobs report that will move the markets in a big way.

If you are a Betonmarkets trader. Be sure to check out the www.NasdaqProfits.com blog it offers some BOM stock information.

Have a profitable day
Steve Hoven
alleycatnews@alleycatnews.net

www.LazyTrading.com

Wednesday, October 04, 2006

Forex Trading Wednesday October 4th

Hello Forex traders,

Hope your day is going well.

Yesterday was a profitable day for me. I had 3 trades.

GBP/AUD was a normal size trade and was a 22 pip winner
USD/YEN (not based on the ebook stats was a loser by 6 pips however was a VERY small trade)

GBP/YEN was a very small trade due to its price movement and it was a loser by 21 pips.

I have 3 levels of trading. Normal size, Medium size, and very small.

Normal size is when everything is the way its suppose to be based on ebook stats and other things listed in the ebook. (I also tell people via yahoo messenger what size I am going to be in at.)

Medium size is when the risk/reward isn't there. Which 1/2 size of normal.

Very Small size is when it looks like a decent trade but either the ebook stats aren't there to back it up etc... (1/4 size of Normal)

So even though I had 2 losers and 1 winner yesterday I had a nice profit for the day.

Usually its always normal size trading but on some days where the trades don't look as good, I need to cut down the risk. Its just good money management.

Today their are 2 news releases coming out that could effect the market but also the US Fed chairman is speaking which could always move the market.

As far as Forex Stats historically for today....

USD/YEN
GBP/AUD
GBP/USD
GBP/YEN

All are pretty good historically today based on the LazyTrading.com Software.

Have a profitable Trading Day.

Steve Hoven
alleycatnews@alleycatnews.net

http://www.LazyTrading.com

Tuesday, October 03, 2006

Forex Trading Tuesday October 3rd

Hello Traders,

Well, yesterday wasn't great.

If you traded strictly on Betonmarkets it was an 1-3 day. If a forex trader you were about breakeven.

USD/CAD finished down 6. (Up 2 with 10 minutes left)
GBP/AUD finished Up 10 pips for a winner
GBP/USD finished up 5 pips for small winner on forex. (lost by 1 pip on BOM)
GBP/YEN finished down 4 pips (10 minute before or after end time would have been a winning trade.

So the losers were small but so were the winners yesterday so no big day to write about.

But again if we can keep the losers small and continue to pick high quality trades in the Long run the medium/big size WINNERS out gain the small losers.

Today is another day and we have 2 GBP PAIRS that have historically performed quite well.

GBP/AUD
GBP/YEN


No schedule financial news releases coming out that should move the markets.

It is time to trade along with us at www.LazyTrading.com

Have a great Trading day
Steve Hoven
alleycatnews@alleycatnews.net

Monday, October 02, 2006

Monday Oct 2nd. ITS MONDAY!!!

Are you as excited as me for Monday to roll around?

I LOVE week days. I guess that is because I love trading! Not enough things going on the weekend except Church of course. Maybe I am a little dull I guess. LOL.

Well Mondays can be a great day to trade. It also looks like there will be some action happening as the currency pairs looks like they have some movement going this morning.

The 4 good currency pairs to trade on Mondays for our Lazytrading.com software are...

USD/CAD (OVER 70% Historically winners)
GBP/AUD (OVER 70% Historically winners)
GBP/USD (OVER 60% Historically winners)
GBP/YEN (OVER 60% Historically winners)


We don't have the USD/CAD trade a lot on Mondays. Just twice in August and Twice in September. But when we do have a trade in that pair it tends to be profitable.

August had a 1-1 record with the USD/CAD on Mondays with a net 12 pips profit.
September had a 2-0 record with the USD/CAD on Mondays with a net 12 pips profit.

So when we do have trades on Monday's for the USD/CAD lately they have been profitable. The profits haven't been huge but they keep you in profit and that is key. It is also a currency pair we are only in for about 2.5 hours which is about the shortest time we do.

Check us out at www.LazyTrading.com if you are looking for Forex Software to help you trade.

Have a great Trading day
Steve Hoven
alleycatnews@alleycatnews.net

Check back tomorrow for our results and another great day of stats.