Monthly Archives: December 2009

Software has signal buy for AUDUSD at 0.8886. Currently AUDUSD is trading at 0.8998, unrealised profit is 112 pips. Cost of the software is US$400. If you are interested to purchase the software, send email to metal.commodity@tradingeducationprogram.org.

Software signals buy for USDCHF at 1.0347. Current price for USDCHF is at 1.0370, unrealised profit is 23 pips.

Support seems to formed at 1.4250 Closed my trade at 1.4288, profit is 31 pips. Original trade: Sell EURUSD at 1.4319 Stop level at 1.4410 Target level at 1.4216

EURUSD still looks weak, anticipate to break 1.4300 support. Sell EURUSD at 1.4319 Stop level at 1.4410 Target level at 1.4216

MACD and Williams have signal buy. Close this trade at 0.8888, profit is 1 pips. Original trade: Sell AUDUSD at 0.8889 Stop level at 0.8969 Target level at 0.8769

If you have been trading long enough, I believe you will be very familiar with the technical indicators, ie Bollingerband, MACD, Williams, Commodity Channel, Relative Strength Index, Parabolic etc. But have you been making money using those indicators? Sometimes I … Continue reading →

AUDUSD has broken 0.8900 support level, head and shoulders formation is formed. Sell AUDUSD at 0.8889 Stop level at 0.8969 Target level at 0.8769

Stop triggered, loss is 80 pips. Original trade: Buy AUDUSD at 0.9005 Stop level at 0.8925 Target level at 0.9105

Stop triggered, loss is 94 pips. Original trade: Sell USDCHF at 1.0366 Stop level at 1.0460 Target level at 1.0260

Resistance level at 1.0450 Both Williams and CCI have signal sell Sell USDCHF at 1.0366 Stop level at 1.0460 Target level at 1.0260

Sell NZDUSD at 0.7263 Stop level at 0.7343 Target level at 0.7173

We are the few forex educators who post our trades publicly. As you can see below, we do not have 100% success rate but we have more wins than losses. Hence this shows that we have a proven strategy. If … Continue reading →

I had built a financial model years ago. This model shows that over the past 10 years US interest rate and S&P500 have a close correlation. In 30 July 2008, I had posted an article (see here) predicting that there … Continue reading →

Stop triggered, loss is 149 pips. We have a lousy trading week. If you look into our performance page, you will see that we have lousy months as well. But end of the day we still achieve more wins than … Continue reading →

Stop triggered, loss is 177 pips. Original trade: Buy EURUSD at 1.4817 Stop level at 1.4640 Target level at 1.5000

Don’t ever take anything at face value. Because face value is the biggest lie of any market. Nothing is ever priced at its true worth. The key is to figure out the real, intrinsic value – and get it for … Continue reading →

Williams shows that AUDUSD is overbought, so I decide to close my AUDUSD position. Sold at 0.9133, 25 pips profit. Original trade: Buy AUDUSD at 0.9108 Stop level at 0.9000 Target level at 0.9200

Buy AUDUSD at 0.9108 Stop level at 0.9000 Target level at 0.9200

Buy EURUSD at 1.4817 Stop level at 1.4640 Target level at 1.5000

Sell USDCHF at 1.0211 Stop level at 1.0360 Target level at 1.000

Stop triggered, loss is 77 pips. Original trade: Sell USDCHF at 1.0143 Stop level at 1.0220 Target level at 1.000

Stopped triggered. Loss is 80 pips. Original trade: Buy EURUSD at 1.4850 Stop level at 1.4770 Target level at 1.4980

Dear friends, On 21 Nov 09, we had written an article on FX Programming Trading. The article mentioned that if you have been using this software to trade USDCHF since 1st Jan 09 till 20 November 2009, you will grow … Continue reading →

[youtube=http://www.youtube.com/watch?v=caYljRpQnjA&hl=en_US&fs=1&]

I closed my EURUSD position at 1.5066, profit is 23 pips. Original trade: Sell EURUSD at 1.5089 Stop level at 1.5160 Target level at 1.5000

RBA increases interest rate by 25 basis point to 3.75%. I closed my position at 0.9153, profit is 15 pips. Original trade: Shorted AUDUSD at 0.9168 Stop level at 0.9248 Target level at 0.9068

Expects RBA not to increase interest rate Shorted AUDUSD at 0.9168 Stop level at 0.9248 Target level at 0.9068