Monthly Archives: April 2009

EURUSD has room to fall

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EURJPY: 133 Pips Profit

Good support at 1.3000 for EURUSD may provide support for EURJPY as well. I closed my position at 124.94, profit is 133 pips. Original trade: Shorted EURJPY at 126.27 Stop level at 127.80 Target level at 122.20 To find out … Continue reading

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EURJPY: Open Short Trade

Shorted EURJPY at 126.27 Stop level at 127.80 Target level at 122.20

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EURUSD: 28 Pips Profit

I closed my position at 1.3144, 28 pips profit. Original trade: Shorted EURUSD at 1.3172 Stop level at 1.3310 Target level at 1.2920

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EURUSD: 14 Pips Profit

I closed my position at 1.3167, 14 pips profit. Shorted EURUSD at 1.3181 Stop level at 1.3310 Target level at 1.2951

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EURUSD: Open Sell Trade

EURUSD proceeds back to downtrend direction Both MACD and Stochastic have signal SELL EURUSD has the potential to move toward the support level of 1.2900 level Shorted EURUSD at 1.3181 Stop level at 1.3310 Target level at 1.2951 __________________________ Target … Continue reading

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Trade summary

1. AUDUSD: 21 Pips Loss I closed this position at 0.7153, 21 pips loss. Original trade: Shorted AUDUSD at 0.7122 Stop level at 0.7170 Target level at 0.7025 2. AUDUSD: 84 Pips Loss Stop triggered, loss is 84 pips. Original … Continue reading

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EURJPY: 55 Pips Profit

I closed my position at 128.24, 55 pips profit. Original trade: Bought EURJPY at 127.69 Stop level at 125.90 Target level at 129.61

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EURJPY: Open Buy Trade

Bought EURJPY at 127.69 Stop level at 125.90 Target level at 129.61

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EURUSD: 82 Pips Profit

Stochastic has become overbought. I closed my position at 1.3025, profit is 82 pips. Original trade: Bought EURUSD at 1.2943 Stop level at 1.2880 Target level at 1.3043 Kindly note that content in this website is delayed. Only subscribers of … Continue reading

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EURUSD: Open Buy Trade

In my view all the bad news have been factored into EURUSD. EURUSD is down 61.8% from the peak, a rebound is expected. Bought EURUSD at 1.2943 Stop level at 1.2880 Target level at 1.3043

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AUDUSD: 5 Pips Profit

Seeing that US dollar is in strengthening mode again, I closed my position at 0.7006, 5 pips profit. Original trade: Bought AUDUSD at 0.7001 Stop level at 0.6940 Target level at 0.7097

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AUDUSD: Open Buy Trade

In my opinion US dollar is overbought in the short term, it is due for a correction. The best currency to tap on this US dollar correction will be AUD as Australia is in a better economic condition than most … Continue reading

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EURJPY: 72 Pips Profit

EURJPY is very near to a strong support at 126.30, a rebound is possible. I closed my position at 126.65, profit is 72 pips profit. Original trade: Shorted EURJPY at 127.37 Stop level at 128.13 Target level at 126.43 Kindly … Continue reading

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EURJPY: Open Short Trade

Both MACD and Parabolic continues to signal SELL Shorted EURJPY at 127.37 Stop level at 128.13 Target level at 126.43

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AUDUSD: 32 Pips Loss

Support level at 0.7050 has broken. I cut loss at 0.7036, loss is 32 pips. Original trade: Bought AUDUSD at 0.7068 Stop level at 0.7024 Target level at 0.7165

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EURJPY: 14 Pips Profit

EURUSD has rebound slightly after falling 61.8%. I closed my position at 128.04, 14 pips profit. Original trade: Shorted EURJPY at 128.18 Stop level at 128.91 Target level at 127.00

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EURJPY: Open Short Trade

EURJPY continues to move downwards after breaking 130.00 support level. Both MACD and Parabolic have signal SELL. Shorted EURJPY at 128.18 Stop level at 128.91 Target level at 127.00

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AUDUSD: 8 Pips Profit

US dollar has strengthen across the board. I closed my position at 0.7183, 8 pips profit. Original trade: Bought AUDUSD at 0.7175 Stop level at 0.7121 Target level at 0.7285

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AUDUSD: Open Buy Trade

Good support level at 0.7150 Both Stochastic and Williams have signal BUY Bought AUDUSD at 0.7175 Stop level at 0.7121 Target level at 0.7285

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EURJPY: 95 Pips Profit

ECB executive board member Bini Smaghi said interest rate is near to bottom, express skepticism about further aggressive interest rate cut. I closed my position at 128.29, 95 pips profit. Original trade: Shorted EURJPY at 129.24 Stop level at 130.10 … Continue reading

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EURJPY: Open Short Trade

Support level at 130.00 has effective broken downwards Both MACD and Parabolic have signal SELL Shorted EURJPY at 129.24 Stop level at 130.10 Target level at 1.2700 (amended)

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EURJPY: 90 Pips Loss

Cut loss at 129.47, loss is 90 pips. Original trade: Bought EURJPY at 130.37 Stop level 129.13 Target level at 131.90

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EURUSD: 54 Pips Loss

Stop triggered, loss is 54 pips. Original trade: Bought EURUSD at 1.3120 Stop level at 1.3066 Target level at 1.3217

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EURJPY: 118 Pips Loss

Stop triggered, loss is 118 pips. Original trade: Shorted EURJPY at 129.92 Stop level at 131.10 Target level at 127.78

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AUDUSD: 86 Pips Loss

I closed my position at 0.7307, 86 pips profit. Original trade: Bought AUDUSD at 0.7221 Stop level at 0.7142 Target level at 0.7317

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EURUSD: 51 Pips Loss

I cut loss on my position at 1.3192, 51 pips loss. Original trade: Bought EURUSD at 1.3243 Stop level at 1.3181 Target level at 1.3341

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Learn Forex Through Trading Education Program

Trading Education Program offered by Tactical Trading Academy is a 2 months subscription package where you will receive a proprietary trading manual for my system. You will also receive live trade emails where you will learn when and why to … Continue reading

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EURJPY: 61 Pips Profit

EUR does not look weak today. I closed my position at 130.02, 61 pips profit. Original trade: Shorted EURJPY at 130.63 Stop level at 131.27 Target level at 129.67

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EURUSD: 35 Pips Profit

Stochastic has started to signal buy in 4 hourly chart, this worries me! I closed my position at 1.3218, 35 pips profit. Original trade: Shorted EURUSD at 1.3253 Stop level at 1.3320 Target level at 1.3159

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EURJPY: Open Short Trade

US President warned that economy is going to get worse before it gets better. This statement pushes the global stock market downwards. Shorted EURJPY at 130.63 Stop level at 131.27 Target level at 129.67 Kindly note that content in this … Continue reading

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EURUSD: Open Short Trade

Shorted EURUSD at 1.3253 Stop level at 1.3320 Target level at 1.3159

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EURJPY: 39 Pips Profit

I closed off my position at 131.51, 39 pips profit. Original trade: Shorted EURJPY at 131.90 Stop level at 132.55 Target level at 130.95 All of my trades are executed based on fully tested trading system based on real life … Continue reading

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EURJPY: Open Short Trade

Shorted EURJPY at 131.90 Stop level at 132.55 Target level at 130.95

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EURUSD: 24 Pips Profit

1 hourly stochastic has signal buy. I closed off my position at 1.3339, 24 pips profit. Original trade: Shorted EURUSD at 1.3363 Stop level at 1.3440 Target level at 1.3266

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EURUSD: Open Short Trade

Shorted EURUSD at 1.3363 Stop level at 1.3440 Target level at 1.3266  “If money is your hope for independence, you will never have it. The only real security that a man can have in the world is a reserve of … Continue reading

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EURJPY: 18 Pips Profit

Parabolic has signal sell on the 1 hourly chart. I closed my position at 133.88, 18 pips profit. Original trade: Bought EURJPY at 133.70 Stop level at 133.06 Target level at 134.66

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EURJPY: Open Buy Trade

Bought EURJPY at 133.70 Stop level at 133.06 Target level at 134.66

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EURJPY: 41 Pips Profit

EUR is getting toppish. I closed my position at 133.23, 41 pips profit. Original trade: Bought EURJPY at 132.82 Stop level at 132.00 Target level at 133.79 All of my trades are executed based on fully tested trading system based … Continue reading

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EURJPY: Open Buy Trade

Bought EURJPY at 132.82 Stop level at 132.00 Target level at 133.79

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EURUSD: 47 Pips Profit

I closed my position at 1.3203, 47 pips profit. Original trade: Bought EURUSD at 1.3156 Stop level at 1.3080 Target level at 1.3268

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Who Crucified Jesus?

When they had come to the place called Calvary, there they crucified Him. —Luke 23:33 When looking at Rembrandt’s painting of The Three Crosses, your attention is drawn first to the cross on which Jesus died. Then as you look … Continue reading

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Learning to trade FX may give you a career opportunity

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

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USDCHF: 117 Pips Loss

Stop triggered, 117 pips loss. Original trade: Shorted USDCHF at 1.3267 Stop level at 1.1520 Target level at 1.1295 There are no strategies that work 100% of the time. Do not be taken in by anyone who claims that they … Continue reading

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EURUSD: 108 Pips Loss

Cut loss on EURUSD at 1.3159, 108 pips loss. Bought EURUSD at 1.3265 Stop level at 1.3140 Target level at 1.3405

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EURJPY: 60 Pips Profit

EURJPY is getting toppish. I closed my position at 133.25, 60 pips profit. Original trade: Bought EURJPY at 132.65 Stop level at 131.40 Target level at 133.92

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EURJPY: Open Buy Trade

Bought EURJPY at 132.65 Stop level at 131.40 Target level at 133.92

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EURUSD: Open Buy Trade

Bought EURUSD at 1.3265 Stop level at 1.3140 Target level at 1.3405

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EURJPY: 69 Pips Loss

Stop triggered, 69 pips loss. Original trade: Shorted EURJPY at 131.86 Stop level at 132.55 Target level at 130.40

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EURUSD: Stop Triggered

1. EURUSD: 82 Pips Loss Original trade: Bought EURUSD at 1.3402 Stop level at 1.3320 Target level at 1.3483 2. EURUSD: 77 Pips Loss Original trade: Shorted EURUSD at 1.3267 Stop level at 1.3190 Target level at 1.3407

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