Monthly Archives: May 2009

Stop triggered, loss is 93 pips. Original trade: Bought EURUSD at 1.3603 Stop level at 1.3510 Target level at 1.3720

I closed my USDJPY position at 94.86 for 51 pips profit. Original trade: Shorted USDJPY at 95.37 Stop level at 96.20 Target level at 94.20

EURUSD is still trading in an uptrend Bought EURUSD at 1.3603 Stop level at 1.3510 (below the support) Target level at 1.3720

Risk is back. Stock markets and Yen crosses will fall. Shorted USDJPY at 95.37 Stop level at 96.20 Target level at 94.20

Target level reached. Profit is 62 pips. Original trade: Shorted EURUSD at 1.3612 Stop level at 1.3685 Target level at 1.3550

Shorted EURUSD at 1.3612 Stop level at 1.3685 Target level at 1.3550

EURUSD is rebounding. I closed my position at 1.3620, 25 pips profit. Original trade: Shorted EURUSD at 1.3645 Stop level at 1.3740 Target level at 1.3550

Both MACD and Parabolic have signal SELL Strong resistance level at around 1.3700 Shorted EURUSD at 1.3645 Stop level at 1.3740 Target level at 1.3550

Stop triggered, 119 pips loss. Original trade: Bought EURJPY at 132.09 Stop level at 130.90 Target level at 133.90

My 3 generals have signal buy for EURJPY today. So it is a great opportunity to buy. Bought EURJPY at 132.09 Stop level at 130.90 Target level at 133.90

1 hourly MACD has started to signal sell. I closed my position at 96.18, 42 pips profit. Original trade: Shorted USDJPY at 96.60 Stop level at 97.20 Target level at 95.62

Shorted USDJPY at 96.60 Stop level at 97.20 Target level at 95.62

Cut loss my position at 132.68, 79 pips loss. Original trade: Bought EURJPY at 133.47 Stop level at 132.60 Target level at 134.60

I closed my position at 0.7652, 30 pips profit. Original trade: Bought AUDUSD at 0.7622 Stop level at 0.7539 Target level at 0.7695

I closed my position at 133.52, 68 pips profit. Original trade: Bought EURJPY at 132.84 Stop level at 132.09 Target level at 134.26

Both Stochastic and CCI have signal BUY for EURJPY Bought EURJPY at 132.84 Stop level at 132.09 Target level at 134.26

AUDUSD is trading in an uptrend. Williams is showing buy signal, confirming that this uptrend is sustainable and rising. Bought AUDUSD at 0.7622 Stop level at 0.7539 Target level at 0.7695

Below are print screen of emails from my subscribers. Many are generating profitable trades now. The emails speak for the quality of our Trading Education Program. To sign up for our program, send email to metal.commodity@tradingeducationprogram.org.

According to my quantitative test, MACD is a good indicator to trade EURJPY. Currently MACD has signal sell. So there is a possibility that EURJPY is likely to fall lower. But for that to happen, support level at 130.70 must … Continue reading →

European and North American names lifted EURUSD to intraday highs before late-day profit-taking ensued. The pair got a lift after it was reported that ADP April private sector jobs were down a less-than-expected 491,000, much lower than forecast and lower … Continue reading →

EURUSD has broke out of the downtrend channel and it looks like the next direction is up.

Stop triggered, loss is 99 pips. Original trade: Shorted USDCAD at 1.1721 Stop level at 1.1820 Target level at 1.1504

Stop triggered, loss is 65 pips. I will be looking to short EURJPY at higher level. Original trade: Shorted EURJPY at 129.98 Stop level at 130.63 Target level at 128.55

The chart below shows that EURJPY fell when MACD shows sell signal. EURJPY looks like a selling opportunity now. We took this opportunity to short EURJPY. Shorted EURJPY at 131.95 Stop level at 133.00 Target level at 129.20

My student has achieved 194 pips profit with a success rate of 80%: “Have done 5 trades so far this week, 2 EURJPY, 2 USDCHF and 1 AUDUSD. Success rate is 4 out of 5 with 194 PIPS profit so … Continue reading →

AUDUSD has broken 0.7300 resistance level. If stock market continues to rise, AUDUSD uptrend will continue.

The European Commission cut its forecast for the euro-area economy to show a contraction twice as deep as it projected just three months ago, and said the region’s deficit will swell to more than double the European Union limit. The … Continue reading →

Key resistance at 1.2900. Indicators are signaling bearishness on this currency pair.

The U.S. dollar rose against the Japanese yen and other major currencies on Thursday after data showed a decline in jobless claims, suggesting that the worst of the American recession may be over. The USD was last up 0.2% against … Continue reading →

EURUSD is still moving in a downtrend channel. Only breaking of 1.3400 resistance level will convince me that this downtrend channel formation has broken. So when I will be placing my stop above 1.3400. Both MACD and Stochastic have signal … Continue reading →

“Thank you for the patience during the 2 hrs plus session (one-to-one coaching session). It was a eye opening for me into the technical analysis on the indicators. You have given me good practical advise on the trading for a … Continue reading →

1. AUDUSD: 34 Pips Profit I had closed my position at 0.7286, 34 pips profit. Original trade: Shorted AUDUSD at 0.7320 Stop level at 0.7400 Target level at 0.7040 2. AUDUSD: 124 Pips Loss Stop triggered. Original trade: Short AUDUSD … Continue reading →