Monthly Archives: June 2010

Losing month for the 1st time in 2010

241 pips loss was generated for the month of June 2010. 18 trades were executed: 8 trades won and 10 trades lost. Here are the details of my trades: 1. EURUSD: 83 Pips Loss Stop triggered, loss is 83 pips. … Continue reading

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Miracle Prayer

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USDCHF: Open Buy Trade

Buy USDCHF at 1.1074 Stop level at 1.0970 Target level at 1.1274

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EURUSD: Open Sell Trade

Sell EurUsd at 1.2294 Stop level at 1.2500 Target level at 1.1900

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EURUSD: 83 Pips Loss

Stop triggered, loss is 83 pips. Original trade: Sell EurUsd at 1.2367 Stop level at 1.2450 Target level at 1.1960

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EURUSD: Open Sell Trade

Sell EurUsd at 1.2367 Stop level at 1.2450 Target level at 1.1960

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AUDUSD: 64 Pips Loss

Cut loss at 0.8694, loss is 64 pips. Original trade: Sell AUDUSD at 0.8630 Stop level at 0.8710 Target level at 0.8470

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AUDUSD: Open Sell Trade

Sell AUDUSD at 0.8630 Stop level at 0.8710 Target level at 0.8470

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EURUSD: 106 Pips Loss

Stop loss triggered, loss is 106 pips. Original trade: Sell EurUsd at 1.2254 Stop level at 1.2360 Target level at 1.2054

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EURUSD: Open Sell Trade

Sell EurUsd at 1.2254 Stop level at 1.2360 Target level at 1.2054

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AUDUSD: 35 Pips Loss

Cut loss at 0.8591, loss is 35 pips. Original trade: Buy AUDUSD at 0.8626 Stop level at 0.8540 Target level at 0.8780

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AUDUSD: Open Buy Trade

Buy AUDUSD at 0.8626 Stop level at 0.8540 Target level at 0.8780

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EURUSD: 25 Pips Loss

Uptrend pressure is strong. Cut loss at 1.2311, loss is 25 pips. Original trade: Sell EurUsd at 1.2286 Stop level at 1.2360 Target level at 1.2138

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EURUSD: Open Sell Trade

Sell EurUsd at 1.2286 Stop level at 1.2360 Target level at 1.2138

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AUDUSD: 67 Pips Profit

Resistance formed at 0.8660. Decides to close this position. Closed at 0.8646, profit is 67 pips. Original trade: Buy AUDUSD at 0.8579 Stop level at 0.8490 Target level at 0.8800

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AUDUSD: Open Buy Trade

Buy AUDUSD at 0.8579 Stop level at 0.8490 Target level at 0.8800

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Gap formed for EURUSD

Gap formed for EURUSD as pointed out by the arrow (at 1.2160). When a gap is formed, this gap has to be closed. For this gap to be closed, EURUSD price has to move down towards 1.2140 level or beyond.

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EURUSD: 62 Pips Loss

EurUsd upwards pressure looks strong. Decides to cut loss. Closed at 1.2270, loss is 62 pips. Original trade: Sell EURUSD at 1.2208 Stop level at 1.2308 Target level at 1.2000

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EURUSD: Open Sell Trade

Sell EURUSD at 1.2208 Stop level at 1.2308 Target level at 1.2000

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EURUSD: 85 Pips Loss

EURUSD is moving up strong, decides to cut loss on this trade. Closed at 1.2120, loss is 85 pips. Original trade: Sell EurUsd at 1.2035 Stop at 1.2135 Target at 1.1900 Having losing trades does not mean that this is … Continue reading

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EURUSD: Open Sell Trade

Sell EurUsd at 1.2035 Stop at 1.2135 Target at 1.1900

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EURUSD: 43 Pips Loss

Resistance at 1.2210 has broken. Cut loss at 1.2213, loss is 43 pips. Original trade: Sell EurUsd at 1.2170 Stop level at 1.2240 Target level at 1.1926

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EURUSD: Open Sell Trade

Sell EurUsd at 1.2170 Stop level at 1.2240 Target level at 1.1926

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EURUSD: 100 Pips Loss

Stop has triggered at 1.2107. Original trade: Sell EurUsd at 1.2107 Stop level at 1.2207 Target level at 1.2000

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Are you troubled?

Are you troubled? Are you worried? Is there something bothering you? Say the miracle prayer in the video, it can change your situation and your life. See here for the video.

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Testimonial from student in Singapore

Below is a testimonial from student in Singapore: “I have gained a lot of knowledge from this program. And he response quickly to my questions. He not only analyse his winning trades but also explains why some trades are lost. … Continue reading

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Morgan Stanley: The Euro Will Go To 1.12

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EURUSD: Open Sell Trade

Sell EurUsd at 1.2107 Stop level at 1.2207 Target level at 1.2000

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AUDUSD: 98 Pips Loss

Stop has triggered, loss is 98 pips. Original trade: Sell AUDUSD at 0.8319 Stop level at 0.8417 Target level at 0.8117

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AUDUSD: Open Sell Trade

Sell AUDUSD at 0.8319 Stop level at 0.8417 Target level at 0.8117

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EURUSD: 64 Pips Profit

There is news that China property prices (+12.4 percent) going higher. This has pushed the major currencies up. Hence its better to close my sell EurUsd trade now. Closed EurUsd at 1.1975, profit is 64 pips. Original trade: Sell EurUsd … Continue reading

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EURUSD: Open Sell Trade

Sell EurUsd at 1.2039 Stop level at 1.2139 Target level at 1.1900

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AUDUSD: 83 Pips Profit

Williams signal has turned from buy to overbought. Closed this trade at 0.8265, profit is 83 pips. Our FX Behavioural Strategy has helped us to profit from the behaviour of FX pairs. If you want to learn this strategy from … Continue reading

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AUDUSD: Open Buy Trade

Buy AUDUSD at 0.8182 Stop level at 0.8082 Target level at 0.8282

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AUDUSD: 33 Pips Profit

Decide to close this trade. Closed at 0.8200, profit is 33 pips. Original trade: Buy AUDUSD at 0.8167 Stop level at 0.8070 Target level at 0.8270

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AUDUSD: Open Buy Trade

Buy AUDUSD at 0.8167 Stop level at 0.8070 Target level at 0.8270

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Testimonial from Jamez

Dear friends, Below is a testimonial from student in Singapore: “Forex educator never says that his strategy is sure win or accurate, he just said that he has achieved more wins than losses. This is definitely true! His course fee … Continue reading

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Trading Opportunities for Next Week

Dear friends, We will have GREAT trading opportunities next week. EURUSD had broken its support level. Based on Weekly chart, it is possible that EURUSD is going down to 1.00. AUDUSD has head and shoulders formation formed and price is … Continue reading

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Amazing Grace

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AUDUSD: 20 Pips Profit

Bullish candle stick formed so decide to close the trade. Close the trade at 0.8432, profit is 20 pips. Original trade: Sell AUDUSD at 0.8452 Stop level at 0.8570 Target level at 0.8200

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AUDUSD: Open Sell Trade

Sell AUDUSD at 0.8452 Stop level at 0.8570 Target level at 0.8200

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USDCHF: 25 Pips Profit

UsdChf is not going anywhere. Today US is going to announce Non-farm payroll data, that is the data that can create huge volatility in FX market. I do not want to hold onto my trade during this announcement. Decide to … Continue reading

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USDCHF: Open Buy Trade

Support level formed at 1.1450. CCI and Williams have signal sell. Buy USDCHF at 1.1525 Stop level at 1.1430 Target level at 1.1700

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EURAUD: 62 Pips Profit

Support level forms at 1.4420. Takes profit at 1.4444, profit is 62 pips. Original trade: Sell EurAud at 1.4506 Stop at 1.4598 Target at 1.4100

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EURAUD: Open Sell Trade

Sell EurAud at 1.4506 Stop at 1.4598 Target at 1.4100

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AUDUSD: 106 Pips Profit

We decided to close our AudUsd trade. Closed at 0.8356, profit is 106 pips. Original trade: Sell AUDUSD at 0.8462 Stop level at 0.8600 Target level at 0.8300

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AUDUSD: Open Sell Trade

Sell AUDUSD at 0.8462 Stop level at 0.8600 Target level at 0.8300

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