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Monthly Archives: March 2009
Learn Forex: Portfolio is up 11% since January, how is yours?
These are the result of my trade emails to my subscribers: January 2009: 317 pips loss February 2009: 525 pips profit March 2009: 345 pips profit According to risk limit guideline to my subscribers, they should not risk more than … Continue reading
345 pips profit was generated for the month of March 09
345 pips profit was generated for the month of March 09 39 trades were executed: 28 trades won, 10 trades lost and 1 trade breakeven. This results in a Success rate of 72%! If you are trading 5 mini … Continue reading
EURJPY: 55 Pips Loss
Stop triggered, loss is 55 pips. Original trade: Bought EURJPY at 128.22 Stop level at 127.67 Target level at 129.67
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AUDUSD: 2 Pips Profit
I close my position at 0.6797, 2 pips profit. Original trade: Bought AUDUSD at 0.6795 Stop level at 0.6730 Target level at 0.6892
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USDCAD: 54 Pips Loss
Stop triggered, loss is 54 pips. Original trade: Shorted USDCAD at 1.2516 Stop level at 1.2570 Target level at 1.2440
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EURUSD: 57 Pips Loss
I had cut loss my position at 1.3215, loss is 57 pips. Original trade: Bought EURUSD at 1.3272 Stop level at 1.3190 Target level at 1.3355
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Performance from 1 March to 29 March (509 Pips Profit)
509 pips profit was generated since 1 March 09 35 trades were executed: 27 trades won and only 7 trades lost and 1 trade breakeven. This results in a Success rate of 77%! If you are trading 5 mini lots … Continue reading
EURJPY: 97 Pips Profit in 30 minutes
Below is a printscreen of an email that I had sent out to my subscribers at 5.46pm (GMT + 8). Target level is reached at 6.14pm (GMT + 8). Profit is 97 pips. Time taken is about 30 minutes. If … Continue reading
AUDUSD: 8 Pips Profit
I closed my position at 0.6991, 8 pips profit. Original trade: Shorted AUDUSD at 0.6999 Stop level at 0.7070 Target level at 0.6898
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Testimony from subscriber (ex-bank trader from US)
His testimony: “Although a successful bank trader for 15 years, self trading on retail platforms proved to be an entirely different challenge. I treaded water trading part time for 2 years before coming across BL TS. Brendan’s system was simple … Continue reading
USDCAD: Closed at breakeven
I closed my position at 1.2314, breakeven. Original trade: Bought USDCAD at 1.2314 Stop level at 1.2190 Target level at 1.2461
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USDCAD: Open Buy Trade
Bought USDCAD at 1.2314 Stop level at 1.2190 Target level at 1.2461
EURJPY: 40 Pips Profit
I had closed my position at 133.31, 40 pips profit. Original trade: Bought EURJPY at 132.91 Stop level at 132.12 Target level at 133.83
EURJPY: 37 Pips Profit
Resistance building at 133.00. I took profit at 132.76, 37 pips profit. Original trade: Bought EURJPY at 132.39 Stop level at 131.71 Target level at 133.15
AUDUSD: 33 Pips Profit
I closed my position at 0.6997, 33 pips profit. Original trade: Shorted AUDUSD at 0.7030 Stop level at 0.7120 Target level at 0.6943
EURJPY: 131 Pips Loss
Stop triggered, loss is 131 pips. Original trade: Bought EURJPY at 132.11 Stop level at 130.80 Target level at 133.37
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Learn Forex: Remark made by my subscriber from USA
Andy has profited from my service. You can profit from my service as well. All you have to do is to send an email to me at metal.commodity@tradingeducationprogram.org to sign up for my Trading Education Program.
EURJPY: 25 Pips Profit
I closed my position at 132.76, 25 pips profit. Original trade: Shorted EURJPY at 133.01 Stop level at 133.66 Target level at 131.95 All of my trades are executed based on fully tested trading system based on real life experience. … Continue reading
Silver: 19 Ticks Profit
I closed my position at 13.40, 19 ticks profit. Original trade: Shorted Silver at 13.59 Stop level at 13.92 Target level at 13.29
AUDUSD: 33 Pips Profit
I closed my position at 0.6997, 33 pips profit. Original trade: Shorted AUDUSD at 0.7030 Stop level at 0.7120 Target level at 0.6943 All of my trades are executed based on fully tested trading system based on real life experience. … Continue reading
EURJPY: Open Short Trade
Shorted EURJPY at 133.01 Stop level at 133.66 Target level at 131.95
AUDUSD: Open Short Trade
Shorted AUDUSD at 0.7030 Stop level at 0.7120 Target level at 0.6943
Silver: Open Short Trade
Shorted Silver at 13.59 Stop level at 13.92 Target level at 13.29 To trade silver, click here to open. Choose standard account. Minimum amount required is US$1000.
Trades closed on 24 March 09
1. EURUSD: 50 Pips Profit I closed my position at 1.3593, 50 pips profit. Original trade: Shorted EURUSD at 1.3643 Stop level at 1.3780 Target level at 1.3461 2. EURUSD: 90 Pips Profit I had closed my position at 1.3582, … Continue reading
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Learn Forex: Email from subscriber in Australia
“I will definately mention you to my friends and am delighted to reccommend your service to anyone, also if you would like to put any positive comments i have made about you or your system on you website please feel … Continue reading
401 pips profit was generated since 1 March 09
401 pips profit was generated since 1 March 09 22 trades were executed: 17 trades won and only 5 trades lost. This results in a success rate of 77%! Here are the details of my trades: 1. EURUSD: 30 Pips … Continue reading
EURUSD: 90 Pips Profit
I had closed my position at 1.3582, 90 pips profit. But since I had only traded at 1/3 of my usual contract size, effectively my profit is 30 pips. Original trade: Shorted EURUSD at 1.3672 Stop level at 1.3820 Target … Continue reading
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EURUSD: Open Short Trade
Shorted EURUSD at 1.3672 Stop level at 1.3820 Target level at 1.3523 As the stop is very wide, I had reduced my contract size by 1/3. So if this trade reaches the target level, my effective profit is only 49 … Continue reading
Email from subscriber in UK
“i am thrilled with your service so far and as long as you are doing it i will be subscribing.”
Best comment made by subscriber
“Yupz, to me this is a good trade despite losses as this is a good scenario to illustrate a good trading plan which may go wrong. U r a true educator of Fx trading! ”
AUDUSD: 109 Pips Loss
Stop triggered, 109 pips loss. Original trade: Shorted AUDUSD at 0.6761 Stop level at 0.6870 Target level at 0.6655
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AUDUSD: Open Short Trade
Shorted AUDUSD at 0.6761 Stop level at 0.6870 Target level at 0.6655
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AUDUSD: 116 Pips Loss
Stop triggered for this trade, loss is 116 pips. Original trade: Shorted AUDUSD at 0.6554 Stop level at 0.6670 (new stop level) Target level at 0.6459 This is only my 4th losing trade out of 20 trades for this month, … Continue reading
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Email from subscriber in UK
“Thanks Brendan I appreciate all the work you do and the fact that you always make time to reply to my messages”
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Market Update
The Dollar pared losses against the EUR on Monday after the New York Federal Reserve Bank’s manufacturing index fell to a record low in March, adding to worries about the U.S. economy. Moreover, economic data published yesterday imply that the … Continue reading
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Email from subscriber in Asia
“Thanks for your signals so far, they were all very accurate.”
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Trading Education Program
If you are a Forex newbie and have a question, who can you ask? The best channel to learn and build your confidence in Forex trading is by subscribing to my Trading Education Program. This is a 2 months subscription … Continue reading
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Performance from 1 March 09 to 15 March 09 (596 Pips Profit)
596 pips profit was generated since 1 March 09. Assumes that you are trading 5 mini lots for each trade, 596 pips profit will convert into US$2,980 profit. 19 trades were executed: 16 trades won and only 3 trades lost. … Continue reading
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USDCAD: 76 Pips Loss
Stop triggered, loss is 76 pips. Original trade: Bought USDCAD at 1.2714 Stop level at 1.2638 Target level at 1.2790
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AUDUSD: Open Sell Trade
Shorted AUDUSD at 0.6554 Stop level at 0.6650 Target level at 0.6459
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Remark made by my subscriber from UK
“I’ve only been trading with for the past four days and I know one thing. I WILL DEFINATLY BE RENEWING MY SUBSCRIPTION WITH YOU. Many many thanks.”
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USDCHF: 76 Pips Profit
Target level reached at 1.1650, 76 pips profit. Praise the Lord! Look at that: All of my trades are executed based on fully tested trading system based on real life experience. If you are interested to generate alternative income by … Continue reading
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USDCHF: Open Buy Trade
USDCHF uptrend maintains Both Bollingerband and Parabolic have signal BUY Bought USDCHF at 1.1574 Stop level at 1.1480 Target level at 1.1650
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Market Update
Yesterday’s strong gains in U.S. equity markets coincided with a bid in the common currency and news that Citigroup’s January and February were profitable. A report from U.S. Treasury Secretary Geithner that he plans to inject capital to help lenders … Continue reading
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AUDUSD: 4 Pips Profit
I had closed my position at 0.6487, profit is 4 pips. This is because support level at 0.6468 is holding quite well. Original trade: Shorted AUDUSD at 0.6491 Stop level at 0.6570 Target level at 0.6417
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AUDUSD: Open Short Trade
Shorted AUDUSD at 0.6491 Stop level at 0.6570 Target level at 0.6417
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Gold: 5.20 ticks profit
I closed my position at 901.80, 5.20 ticks. Original trade: Bought Gold at 896.60 Stop level at 885.44 Target level at 910.00
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Market Update
Traders awaited Federal Reserve Board Chairman Bernanke’s speech yesterday in which he urged a sweeping overhaul of U.S. financial regulations in an effort to smooth out the boom-and-bust cycles in financial markets. Bernanke recommended that lawmakers and supervisors rethink everything … Continue reading
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