Monthly Archives: January 2009

US growth fell by 3.8 percent in the fourth quarter, the largest drop since the first quarter of 1982. The GDP report was not nearly as bad as the market had expected. This has prevented the majors from falling further. … Continue reading →

Strong support at 0.6340 & williams has signal BUY for AUDUSD Bought AUDUSD at 0.6373 Stop level at 0.6300 Target level at 0.6470

Bought EURUSD at 1.3079 Stop level at 1.2995 Target level at 1.3177

EURUSD has rebounded from prominent support level at 1.3060. Stochastic has signal Buy as well.

I closed off my position at 1.3120, 41 pips profit. Original trade: Shorted EURUSD at 1.3161 Stop level at 1.3357 Target level at 1.2968 Trades are executed based on BL TS system. If you would like to know more about … Continue reading →

Downtrend maintains. Stochastic showing Sell signal. Shorted EURUSD at 1.3161 Stop level at 1.3357 Target level at 1.2968 All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live … Continue reading →

William and Parabolics have signal SELL. Downtrend channel exists. “If you want to go somewhere, it is best to find someone who has already been there.” – Robert Kiyosaki

Downtrend line maintains, stochastic has signal SELL. If you do not have a forex trading account and want to try out forex trading, you can open a forex trading account with only minimum capital of US$100, click here to open. … Continue reading →

I closed my position at 1.3293, 37 pips profit. Original trade: Bought EURUSD at 1.3258 Stop level at 1.3070 Target level at 1.3456 Trades are executed based on BL TS system. If you would like to know more about my … Continue reading →

Bought EURUSD at 1.3258 Stop level at 1.3070 Target level at 1.3456 All the posting are delayed, I can share live updates of my content via emails. If you are interested to receive live updates, send an email to me … Continue reading →

US Leading indicators shocked to the upside, rising 0.3% against a forecast of -0.2% decline. This was the first positive print for the index in six months as a rebound in financial components outweighed  the losses from increased jobless claims … Continue reading →

I closed my position at 1.1442, 16 pips profit. Original trade: Shorted USDCHF at 1.1458 Stop level at 1.1529 Target level at 1.1359 Trades are executed based on BL TS system. If you would like to know more about my … Continue reading →

I closed my trade at 1.3153, 16 pips profit. Original trade: Bought EURUSD at 1.3137 Stop level at 1.3068 Target level at 1.3235 All the posting are delayed, I can share live updates of my content via emails. If you … Continue reading →

I had closed my trade at 1.1460, 38 pips profit. Original trade: Shorted USDCHF at 1.1498 Stop level at 1.1572 Target level at 1.1391

I closed my position at 116.75, 69 pips profit. Original trade: Bought EURJPY at 116.06 Stop level at 114.80 Target level at 117.24 Trades are executed based on BL TS system. If you would like to know more about my … Continue reading →

I had closed my position at 0.9373, profit is 29 pips. Original trade: Shorted EURGBP 0.9402 Stop level at 0.9520 Target level at 0.9255

Crude oil may rise as members of the Organization of Petroleum Exporting Countries make record output cuts to counter the recession in major consuming countries. Saudi Arabia, OPEC’s biggest producer, has decided to cut output by 300,000 barrels a day … Continue reading →

Overall trend of EURUSD is still down. Confirmation of the downtrend depends on: 1. Whether it will breakout above the short term resistance of 1.3100. 2. Whether it will breakout above the 50 days moving average, which happens to be … Continue reading →

In my commodity trading website, I wrote that copper price is expected to rise over the next few weeks due to seasonal effect, see here. If this comes true, then we will see higher AUDUSD price as well. AUDUSD chart … Continue reading →

Double top formed at 0.9465 Both MACD and Parabolic have signal SELL for EURGBP Shorted EURGBP at 0.9407 Stop level at 0.9513 Target level at 0.9313 Trades are executed based on BL TS system. If you would like to know … Continue reading →

Target level reached at 0.6517, 56 pips profit. Original trade: Bought AUDUSD at 0.6461 Stop level at 0.6400 Target level at 0.6517 Trades are executed based on BL TS system. If you would like to know more about my system, … Continue reading →

Good support at 0.6450 Both Stochastic and William have signal BUY for AUDUSD Bought AUDUSD at 0.6461 Stop level at 0.6400 Target level at 0.6517 All the posting are delayed, I can share live updates of my content via emails. … Continue reading →

Foreign exchange (FX) professionals are still in demand in Asia. The sector is comparatively profitable and liquid, layoffs are limited, and small-scale hiring is still happening. There is still recruitment going on in operations and in the middle office to … Continue reading →

As EURJPY is rebounding, I closed off my position at 115.33, profit is 67 pips. Original trade: Shorted EURJPY at 116.00 Stop level at 117.00 Target level at 114.00 Subscribers will receive notification of my open position via emails or … Continue reading →

AUDUSD does not look very strong today, so decide to close off my position first. I closed off my position at 0.6524, profit is 24 pips. Original trade: Bought AUDUSD at 0.6500 Stop level at 0.6440 Target level at 0.6600

Target level reached, 94 pips profit. Original trade: Shorted EURJPY at 114.89 Stop level at 115.93 Target level at 113.95

I closed my trade at 0.9272, profit is 19 pips. Original trade: Shorted EURGBP at 0.9291 Stop level at 0.9360 Target level at 0.9215

I closed my trade at 117.20, 12 pips profit. Original trade: Shorted EURJPY at 117.32 Stop level at 118.10 Target level at 116.33

I cut loss at 1.2620, 55 pips loss. Original trade: Shorted USDCAD at 1.2565 Stop level at 1.2638 Target level at 1.2478

USDCAD is moving down from a sideway tunnel Both Stochastic and Williams had signal SELL for USDCAD Shorted USDCAD at 1.2565 Stop level at 1.2638 Target level at 1.2478

I closed my trade at 1.4051, 14 pips profit. Original trade: Shorted GBPUSD at 1.4065 Stop level at 1.4144 Target level at 1.3973

Shorted GBPUSD at 1.4065 Stop level at 1.4144 Target level at 1.3973

I closed my position at 117.28, profit is 11 pips. Original trade: Shorted EURJPY at 117.39 Stop level at 118.14 Target level at 116.45

I closed my position at 0.9164, 46 pips profit. Original trade: Bought EURGBP at 0.9118 Stop level at 0.9043 Target level at 0.9197

The European Commission downgraded its GDP growth forecasts for 2009 and 2010 and now sees the eurozone economy contracting 1.9% this year and expanded 0.4% next year, compared with estimated 0.9% growth last year. The EC’s forecast is more pessimistic … Continue reading →

I closed my position at 0.6690, profit is 90 pips. Original trade: Shorted AUDUSD at 0.6780 Stop level at 0.6950 Target level at 0.6614

Lay-offs are unavoidable in the midst of the economic downturn, most people had brutally awakened to the harsh reality of life. They realised that their jobs didn’t belong to then and that they would likely be taken away from them … Continue reading →

I took profit at 1.3236, profit is 31 pips. Original trade: Bought EURUSD at 1.3205 Stop level at 1.2980 Target level at 1.3425

I closed my position at 118.66, profit is 95 pips. Original trade: Bought EURJPY at 117.70 Stop level at 115.90 Target level at 119.43

I took profit at 0.9021, profit is 42 pips. Original trade: Bought EURGBP at 0.8979 Stop level at 0.8904 Target level at 0.9053

Bought EURGBP at 0.8979 Stop level at 0.8904 Target level at 0.9053

Bought EURUSD at 1.3173 Stop level at 1.3098 Target level at 1.3258

Stop triggered, loss is 75 pips. Original trade: Shorted AUDUSD at 0.6572 Stop level at 0.6647 Target level at 0.6498

Support level at 0.6600 has broken, more downside expected Shorted AUDUSD at 0.6572 Stop level at 0.6647 Target level at 0.6498

Support at 1.3100 is holding well. Breakout on the downside would be a good shorting opportunity.

Support at 116.50 is holding well now. Breakout of support on the downside would be good shorting opportunity.