Sell EURAUD at 1.4208
Stop level at 1.4410
Target level at 1.3200

We have also implemented filtering techniques to avoid trades with adverse risk/reward characteristics. The filter’s goal is to capture profits and assist with both risk reduction and capital preservation.

Our system does not remain constantly invested and we benefit from the ability to selectively enter and exit the markets when the risk/rewards are heavily in our favor. The end result is a trading method that allows our subscribers / students exceptional returns with low correlation to stock and bond investments.

Tactical Trading Academy attributes its exceptional performance to its trading discipline and robust approach to the markets. Our system relies on the precise identification of a small set of core tradable patterns and the application of proprietary statistical techniques and timing.

Many economists, statisticians, and traditional money managers focus on theories that have flaws in the real world. This is because the assumptions are valid only in theory. Our success comes from concentrating on recurring price structures and patterns. No market measure can eliminate the uncertainty inherent in markets.

Over the years the markets have become choppier, and many traders’ returns have suffered. We believe that the selective application of statistically proven trading systems implemented with human discretion is the best way to maximize profit in any market condition.

Below is our trading statement (click on the statement to read):

To learn forex trading from us, send email to us at metal.commodity@tradingeducationprogram.org. Our course fee is only USD300.

To open a live forex trading account, click here.

Regards

Forex educator
Tactical Trading Academy
Website: http://TradingEducationProgram.org/
Email: metal.commodity@tradingeducationprogram.org

On 31 Jan 11 we had call to sell EURAUD at 1.3745.

EURAUD had plunged deeply. We decide to close this trade today (4 Feb 11). Closed EURAUD at 1.3424, profit is 321 pips.

If you are trading 1 standard lot, your profit is will be AUD3,210.

Original trade:

Sell EURAUD at 1.3745
Stop level at 1.4160
Target level at 1.3000

Our FX Behavioural Strategy has helped us to profit from the behaviour of FX pairs. If you want to learn this strategy from us, send email to us at metal.commodity@tradingeducationprogram.org.

Course of our forex education program is only USD300. If you are interested, please make payment of USD300 to our paypal account at metal.commodity@tradingeducationprogram.org.

Upon signing up for our education program, you will receive the followings:
A) One to one coaching on our trading strategy.
B) 56 page manual on our strategy.
C) Live trade signals for 2 months.
D) Software tools for conducting quantitative tests and generating alternative signals.
E) Live updates on the trades of the big boys (hedge funds, investment banks, central banks) for 2 months.

To open a live forex trading account, click here.

Regards
Forex educator
Tactical Trading Academy

8 years ago I told my friends (ex-bank traders who are in their 40s and 50s) that I want to trade forex successfully. They told me that it is impossible to make money consistently from forex. They told me that they can do it because they have order flow information in the bank. They know where are the big buy orders, big sell orders and big stop loss orders. So they just front run those trades.

I was surprised by their replies. But I did not give up.

For the next 3 years I trade myself, lost money (paid school fees to the market) and eventually I had found a strategy to make money from forex trading. Few educators are brave enough to post their trades publicly in the internet because most of them are bad traders themselves, but I post mine in the website. You can see my track record in this link: http://tradingeducationprogram.org/bl-ts-system/performance-of-past-trades/.

Since I had discovered a proven strategy myself, I would like to share my strategy to as many people as possible. I want people to shorten their learning curve and reduce the amount of school fee paid to the market. This is why I had created a forex education program. Our course fee of USD200 is so tiny that my trading profits are far greater than my course revenue.

To learn forex trading from me, you can sign up by transferring USD200 to my paypal account: metal.commodity@tradingeducationprogram.org. You need to open an account at www.paypal.com and then instruct paypal to transfer USD200 to metal.commodity@tradingeducationprogram.org.

If you do not want to sign up for my forex education program, it is fine. But I would like to share this video clip with you. The video clip reminds me of my situation 8 years ago.

The video says:
“Don’t ever let anybody tell you that you can’t do something.
You got a dream, you got to protect it!
People can’t do something themselves and they want to tell you that you can’t do it.
You want something, do get it. Period!”

Click here to watch the video:
http://tradingeducationprogram.org/2011/01/30/protect-your-dreams/

Regards

Forex educator
Tactical Trading Academy

We have also implemented filtering techniques to avoid trades with adverse risk/reward characteristics.  The filter’s goal is to capture profits and assist with both risk reduction and capital preservation.   Our system does not remain constantly invested and we benefit from the ability to selectively enter and exit the markets when the risk/rewards are heavily in our favor.  The end result is a trading method that allows our subscribers / students exceptional returns with low correlation to stock and bond investments.

Tactical Trading Academy attributes its exceptional performance to its trading discipline and robust approach to the markets.  Our system relies on the precise identification of a small set of core tradable patterns and the application of proprietary statistical techniques and timing.

Many economists, statisticians, and traditional money managers focus on theories that have flaws in the real world.  This is because the assumptions are valid only in theory.  Our success comes from concentrating on recurring price structures and patterns.

No market measure can eliminate the uncertainty inherent in markets. Over the years the markets have become choppier, and many traders’ returns have suffered.  We believe that the selective application of statistically proven trading systems implemented with human discretion is the best way to maximize profit in any market condition.

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 you are interested to learn this strategy, send email to us at metal.commodity@tradingeducationprogram.org.

Track Records:

230 pips profit generated in the month of November 2010: See here.

145 pips profit generated in the month of October 2010: See here.

600 pips loss generated in the month of September 2010: See here.

397 pips profit generated in the month of August 2010: See here.

171 pips profit generated in the month of July 2010: See here.

241 pips loss generated in the month of June 2010: See here.

312 pips profit generated in the month of May 2010: See here.

95 pips profit generated in the month of April 2010: See here.

150 pips profit generated in the month of March 2010: See here.

259 pips profit generated in the month of February 2010: See here.

324 pips profit generated in the month of January 2010: See here.

591 pips loss generated in the month of December 2009: See here.

96 pips profit generated in the month of November 2009: See here.

171 pips loss generated in the month of October 2009: See here.

490 pips profit generated in the month of September 2009: See here.

327 pips profit generated in the month of August 2009: See here.

228 pips loss generated in the month of July 2009: See here.

1259 pips profit generated in the month of June 2009: See here.

24 pips profit generated in the month of May 2009: See here.

313 pips loss generated in the month of April 2009: See here.

345 pips profit generated in the month of March 2009: See here.

525 pips profit generated in the month of February 2009: See here.

317 pips loss generated in the month of January 2009: See here.

699 pips profit generated in the month of December 2008: See here.

857 pips profit generated in the month of November 2008: See here

781 pips profit generated in the month of August – October 2008: See here

“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 knowledge, experience, and ability.” – Henry Ford

]]> http://tradingeducationprogram.org/2010/12/23/trading-methodology/feed/ 0 http://tradingeducationprogram.org/2010/10/28/usdcad-82-pips-profit-2/ http://tradingeducationprogram.org/2010/10/28/usdcad-82-pips-profit-2/#comments Thu, 28 Oct 2010 15:52:25 +0000 BL Trading Team http://tradingeducationprogram.org/?p=3890 Continue reading →]]> Dear friends,

13 hours ago we had informed our subscribers to sell USDCAD at 1.0271. We had just closed the trade at 1.0189, profit is 82 pips.

Original trade:

Sell USDCAD at 1.0271
Stop level at 1.0400
Target level at 1.0100

Our FX Behavioural Strategy has helped us to profit from the behaviour of FX pairs. If you want to learn this strategy from us, send email to us at metal.commodity@tradingeducationprogram.org.

Course of our forex education program is only USD200 (usual price is USD300). If you are interested, please make payment of USD200 to our paypal account at metal.commodity@tradingeducationprogram.org.

Upon signing up for our education program, you will receive the followings:
A) One to one coaching on our trading strategy.
B) 56 page manual on our strategy.
C) Live trade signals for 2 months.
D) Software tools for conducting quantitative tests and generating alternative signals.
E) Live updates on the trades of the big boys (hedge funds, investment banks, central banks) for 2 months.

To open a forex trading account, click here.

Regards
Forex educator
Tactical Trading Academy

Sell USDCAD at 1.0271
Stop level at 1.0400
Target level at 1.0100

This is our 3rd winning trade for today:

During the Asian morning session we had shorted AUDUSD at 0.9118.

AUDUSD has a deep fall. We decide to take profit. Closed at 0.8982, profit is 136 pips.

Forex trading involves dealing in international currencies. Here, one can sell currency of one country to buy that of another. The trader deals in Foreign Exchange [Forex] at the most appropriate time to profit from the transaction. Good ability to forecast plays a vital role here. One may wonder how Forex trading can be such a lucrative earning opportunity since fluctuations in exchange is so little.

But remember, when done in big volumes, a minor change can mean a lot. There are many non-monetary advantages to it as well. Anyone who wants to deal in Forex can do so, since only the basic knowledge is required for it.

Forex can help you earn a lot of money. But there are certain conditions to follow before trading in Forex. Firstly, one must have a thorough knowledge about the trends in the stock market, the basics of trading and risk-taking ability. You will get all the help you need for attaining these conditions very easily.

There are many sites on the internet which can help you clarify your basics and help you brave rough weather. A good reason why Forex trading can be considered is the fact that there are frequent fluctuations in currencies, though in percentage terms it may be small.

You gain if the fluctuation favors you and the reverse holds true as well. No one can accurately predict the trend of the currencies. Liquidity is another reason why Forex trading is so popular.

Now the most important part – in Forex, you can make huge sums of money even if your initial investment is on a lower side. You can invest as little as $1,000. Rich people have no upper cap to the amount of investment. So remember that even with a nominal investment, the earning ability is undoubtedly very huge.

Most of the great businesses are connected to the world of internet today, and Forex trading is no exception. You can deal in foreign currencies right from your home. In fact, it is fully conducted online. You have the liberty to choose when you want to trade, and you don’t need to meet any deadlines.

Basically, you can be your own boss. The process of online trading is fairly simple for anyone to understand. You just need to open an account for Forex trading with a recognized broker and they will complete the rest of the formalities. The only bit you need to do is get ready with your investment amount.

So, it is thus clear that Forex trading can be one of the best businesses to earn money. Though there is a level of risk attached to it, but it can be avoided with due care and an alert mind!

For those who are interested to learn a proven strategy for Forex trading, send email to us at metal.commodity@tradingeducationprogram.org.

Regards

Forex educator
Tactical Trading Academy
http://tradingeducationprogram.org/

During Asian morning session we had asked our students to sell GBPUSD at 1.5834. Target level was reached at 1.5700, profit is 134 pips.

Our FX Behavioural Strategy has helped us to profit from the behaviour of FX pairs. If you want to learn this strategy from us, send email to us at metal.commodity@tradingeducationprogram.org.

Course of our forex education program is only USD300 (software included). If you are interested, please make payment of USD300 to our paypal account at metal.commodity@tradingeducationprogram.org.

Upon signing up for our education program, you will receive the followings:
A) One to one coaching on our trading strategy.
B) 56 page manual on our strategy.
C) Live trade signals for 2 months.
D) Software tools for conducting quantitative tests and generating alternative signals.
E) Live updates on the trades of the big boys (hedge funds, investment banks, central banks) for 2 months.
Regards

Forex educator
Tactical Trading Academy
http://tradingeducationprogram.org/

Original trade:

Buy USDSGD at 1.3492
Stop level at 1.3400
Target level at 1.3700

Buy USDJPY at 87.98
Stop level at 86.90
Target level at 90.14

“Have been using this signal service for the past 5 months now and have just renewed for another 3 months – that should tell you enough. The calls are good as is the risk management. The calls arent always winners but then again whose are? I am happy with the service and the monthly returns from the signals more than pay for the cost. HIghly recommended.”

But remember, when done in big volumes, a minor change can mean a lot. There are many non-monetary advantages to it as well. Anyone who wants to deal in Forex can do so, since only the basic knowledge is required for it.

Forex can help you earn a lot of money. But there are certain conditions to follow before trading in Forex. Firstly, one must have a thorough knowledge about the trends in the stock market, the basics of trading and risk-taking ability. You will get all the help you need for attaining these conditions very easily.

There are many sites on the internet which can help you clarify your basics and help you brave rough weather. A good reason why Forex trading can be considered is the fact that there are frequent fluctuations in currencies, though in percentage terms it may be small.

You gain if the fluctuation favors you and the reverse holds true as well. No one can accurately predict the trend of the currencies. Liquidity is another reason why Forex trading is so popular.

Now the most important part – in Forex, you can make huge sums of money even if your initial investment is on a lower side. You can invest as little as $1,000. Rich people have no upper cap to the amount of investment. So remember that even with a nominal investment, the earning ability is undoubtedly very huge.

Most of the great businesses are connected to the world of internet today, and Forex trading is no exception. You can deal in foreign currencies right from your home. In fact, it is fully conducted online. You have the liberty to choose when you want to trade, and you don’t need to meet any deadlines.

Basically, you can be your own boss. The process of online trading is fairly simple for anyone to understand. You just need to open an account for Forex trading with a recognized broker and they will complete the rest of the formalities. The only bit you need to do is get ready with your investment amount.

So, it is thus clear that Forex trading can be one of the best businesses to earn money. Though there is a level of risk attached to it, but it can be avoided with due care and an alert mind!

Tactical Trading Academy

Often we receive email inquiries on our signal provider service. But we are forex educator provider and NOT signal provider. What is the difference?

Signal provider tells you when to buy and when to sell but they do not teach or explain to you why they do that. They do not want you to learn so you will need to rely on them forever.

We as educators provide trade signals, and we teach and explain to you why we had entered and exited those trades. This means that we provide the “fishes” as well as teaching you how to “fish”. We want to train you to become profitable and independent traders.

Course of our forex education program is only USD300. If you are interested, please make payment of USD300 to our paypal account at metal.commodity@tradingeducationprogram.org.

Upon signing up for our education program, you will receive the followings:
A) One to one coaching on our trading strategy.
B) 56 page manual on our strategy.
C) Live trade signals for 2 months.
D) Software tools for conducting quantitative tests and generating alternative signals.
E) Live updates on the trades of the big boys (hedge funds, investment banks, central banks) for 2 months.

After 2 months, if our students want to receive updates from us, they will need to renew subscription with us by paying a small fee.

Some people asked why other trading education program provides after-service support for free and our students need to pay renewal fees service after the 1st 2 months. Reason is because other trading education programs cost between $4000 to $5000 while we are only charging only a small fraction (USD300) of that.

We have the choice of charging such amount in one go, or we can make things easier for you by charging a fraction at a time. We had chosen the 2nd option because this will help our students in their cash flow, it also gives us incentive to continuously improve our service for you.

So instead of asking “why is there renewal fee?”, they should be asking “why do I not need to pay for anything now?”

Let us know your thoughts.

Regards
Forex educator
TradingEducationProgram.org

A typical time horizon of a trade is between 5 hours to 36 hours. Trading opportunity from this system can occur in different time zones.

Using this system we have achieve excellence track record hence this shows that this system is a proven strategy.

If you want to learn our strategy, send email to metal.commodity@tradingeducationprogram.org.

Target level at 1.4500

A good education in school equips us with the necessary knowledge so as to prepare us for a job in the society. But many a times these knowledge are not sufficient to equip us with the necessary skill in a recessionary environment. In a recessionary environment like this we need vocational skills that can help us to make money even when we lost our employers. Forex trading is one such vocational skill that can help us ride through the tough times.

The fact that foreign exchange trading can be very profitable makes it exciting, but there is one important aspect that shouldn’t be overlooked. The risk factors in FOREX trading are significant. A good FOREX trader must fully understand margin trading and the implications that it has, as well as the particular opportunities and pitfalls offered by foreign exchange trading.

There are many reasons why the foreign exchange market is so popular and why some many traders want to Learn FOREX. Some of the most important reasons include the high liquidity, the 24-hour availability, the very low dealing costs, and the leverage available.

Participants in the foreign exchange trading include many commercial organizations, but their presence on the market is related to currency exposure due to export and import activities. However, it is the financial institutions that are responsible for most of the turnover on the FOREX market. Banks, funds, brokers – these are the major players on the market, and investing in FOREX is still predominantly their domain. Still, any investor can make the most of these advantages, provided that he/she has solid knowledge of the functions of FOREX market.

Due to the advancement of technology, a FOREX trading account can be opened, and individuals can start trading, without becoming involved with a trading institution or a bank. But the question is, are you ready for FOREX trading?

It is highly recommended that you learn FOREX before you actually start trading. As stated before, this market offers some opportunities that allow the prospect of huge profits. But the losses can be just as big as the profits.

There are excellent websites offering powerful FOREX trading courses that provide you with all the necessary information, including tips and secrets of foreign exchange trading that you can use to your advantage. Think about it, if you start to trade on the FOREX market without having learned FOREX, you might as well throw your money into the drain. However, if you learn FOREX before you start investing, chances are you will do very well.

But learning the basics will only get you among the other traders for whom stress is a constant feature. You need to choose a good FOREX trading course that will put you on top of the other traders, and give you the ability to make serious profit. And the good news is that such a course really exists!

Trading on the FOREX market does not come with any restrictions of time and place. You can live in any corner of the world you please, or you can travel anywhere you like, as long as you have access to a computer and an Internet connection. In addition you do not have to start with a huge sum of money, a small amount will do, and soon you’ll be making so much money, that you’ll feel sorry you haven’t considered trading foreign exchange sooner.

Below are some of the trades video (click on the links to watch) that I had executed recently. All of my trades are executed based on a trading strategy call BL TS System.

1. How do I earn US$877 from EURUSD (Part 1)
2. How do I earn US$877 from EURUSD (Part 2)
3. How do I earn US$398 from AUDUSD (Part 1)
4. How do I earn US$398 from AUDUSD (Part 2)
5. How do I earn US$260 profit from AUDUSD
6. How do I earn US$480 from EURUSD

BL TS System is taught at Tactical Trading Academy in the form of online course. To find out more, send email to metal.commodity@tradingeducationprogram.org.

The reality is that they are fearful that their trade signals will turn out to be losing trades. Then their students will know that their educators are lousy traders and they will stop learning from their educators.

In Tactical Trading Academy, we provide live trading signals to our students. In our trading signals we will provide explanation why we had entered and exited those trades and we also provide charts to support. Purpose is to provide education to our students in live trading environment. There is no point learning the theory about trading without facing the real trading world. This is like learning to drive a car from a book, without driving a real car on the road.

We do not have 100% success rate but we have more wins than losses. See our track record below. If you want to learn forex trading, this is the best place to learn.

Interested parties please send email to us. Our course fee is way below market rate so our program is affordable to most people.

If you are interested to learn this strategy from a real trader, send email to us at metal.commodity@tradingeducationprogram.org.

Track Records:

150 pips profit generated in the month of March 2010: See here.

259 pips profit generated in the month of February 2010: See here.

324 pips profit generated in the month of January 2010: See here.

591 pips loss generated in the month of December 2009: See here.

96 pips profit generated in the month of November 2009: See here.

171 pips loss generated in the month of October 2009: See here.

490 pips profit generated in the month of September 2009: See here.

327 pips profit generated in the month of August 2009: See here.

228 pips loss generated in the month of July 2009: See here.

1259 pips profit generated in the month of June 2009: See here.

24 pips profit generated in the month of May 2009: See here.

313 pips loss generated in the month of April 2009: See here.

345 pips profit generated in the month of March 2009: See here.

525 pips profit generated in the month of February 2009: See here.

317 pips loss generated in the month of January 2009: See here.

699 pips profit generated in the month of December 2008: See here.

857 pips profit generated in the month of November 2008: See here

781 pips profit generated in the month of August – October 2008: See here

Sell GBPUSD at 1.5168
Stop level at 1.5310
Target level at 1.4950

While most people are enjoying their holiday, we are busy trading and making money.

Yesterday we had bought USDCHF at 1.0555. Reasons being: our mechanical trading system has signal buy on USDCHF and we had heard that Swiss National Bank has intervened the forex market by selling Swiss Franc.

Today (23 hours later) USDCHF is moving up according to our view but we do not wish to hold onto a winning positions over a weekend. Who knows what will happen over the weekend? Hence we had closed our USDCHF at current price. Sold USDCHF at 1.0642, profit is 87 pips.

If you want to learn forex trading from us, you need to sign up for our forex education program. After you had signed up for our program, we will provide one to one coaching session, trade signals, and our proprietary trading manual to you.

Our course fee is only USD180, payment to be made to paypal account: metal.commodity@gmail.com.

Interested parties please send email to us at metal.commodity@tradingeducationprogram.org.

Regards
Forex educator
Tactical Trading Academy

Well I doubt so, because these educators do not show their trades publicly, how do I know if they are good? Only profitable traders are qualified to be trading educators.

We are the few forex educators who post our trades publicly (in our website here). We post both our winning and losing trades. 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 you are interested to learn this strategy from a real trader, send email to us at metal.commodity@tradingeducationprogram.org.

Track Records:

150 pips profit generated in the month of March 2010: See here.

259 pips profit generated in the month of February 2010: See here.

324 pips profit generated in the month of January 2010: See here.

591 pips loss generated in the month of December 2009: See here.

96 pips profit generated in the month of November 2009: See here.

171 pips loss generated in the month of October 2009: See here.

490 pips profit generated in the month of September 2009: See here.

327 pips profit generated in the month of August 2009: See here.

228 pips loss generated in the month of July 2009: See here.

1259 pips profit generated in the month of June 2009: See here.

24 pips profit generated in the month of May 2009: See here.

313 pips loss generated in the month of April 2009: See here.

345 pips profit generated in the month of March 2009: See here.

525 pips profit generated in the month of February 2009: See here.

317 pips loss generated in the month of January 2009: See here.

699 pips profit generated in the month of December 2008: See here.

857 pips profit generated in the month of November 2008: See here

781 pips profit generated in the month of August – October 2008: See here

If you are trading 1 full contract (100,000) per trade, your profit for 150 pips will be around US$1500.

Here are the details of my trades:

1. EURUSD: 25 Pips Profit

I have been holding onto this trade for a few days.
Closed my trade at 1.3422, profit is 25 pips.

Original:

Sell EURUSD at 1.3447
Stop level at 1.3540
Target level at 1.3240

2. USDCHF: 101 Pips Profit

CCI shows that USDCHF is overbought so we decide to take profit. Closed USDCHF at 1.0715, profit is 101 pips.

Original:

Buy USDCHF at 1.0614
Stop level at 1.0480
Target level at 1.0800

3. AUDUSD: 54 Pips Profit

There is rumour that US is going to rise discount rate, if this happens, USD will appreciate across the board. So decide to close my trade now. Closed at 0.9214, profit is 54 pips.

Original:

Buy AUDUSD at 0.9160
Stop level at 0.9080
Target level at 0.9260

4. EURUSD: 70 Pips Loss

Stop has triggered, loss is 70 pips.

Original:

Buy EURUSD at 1.3662
Stop level at 1.3592
Target level at 1.3780

5. EURUSD: 84 Pips Loss

Stop has triggered, loss is 84 pips.

Original:

Buy EURUSD at 1.3774

Stop level at 1.3690

Target level at 1.3880

6. EURUSD: 88 Pips Loss

Stop has triggered, loss is 88 pips.

Original:

Sell EURUSD at 1.3642
Stop level at 1.3730
Target level at 1.3530

7. EURUSD: 56 Pips Profit

Currently indicators are looking overbought, so decide to take profit. Closed at 1.3668, profit is 56 pips.

Original:

Buy EURUSD at 1.3612
Stop level at 1.3543
Target level at 1.3718

8. EURUSD: 27 Pips Profit

EURUSD looks weak. I decide to close my position at current price.
Closed at 1.3580, profit is 27 pips.

Original:

Buy EURUSD at 1.3553
Stop level at 1.3473
Target level at 1.3653

9. EURUSD: 32 Pips Loss

EURUSD keeps rising after I had shorted. Decides to cut loss.
Closed at 1.3685, loss is 32 pips.

Original:

Sell EURUSD at 1.3653
Stop level at 1.3720
Target level at 1.3552

10. EURUSD: 100 Pips Profit

Target level at 1.3689 was reached, proft is 100 pips.

Original:

Buy EURUSD at 1.3589
Stop level at 1.3489
Target level at 1.3689

10. EURUSD: 29 Pips Loss

Price action looks pretty strong for EURUSD.
Decides to cut loss. Closed at 1.3673, loss is 29 pips.

Original:

Sell EURUSD at 1.3644

Stop level at 1.3720

Target level at 1.3544

11. EURUSD: 35 Pips Profit

There is a resistance at 1.3580 forming.
I closed my EURUSD at 1.3561, profit is 35 pips.

Original:

Buy EURUSD at 1.3526
Stop level at 1.3430
Target level at 1.3630

12. EURUSD: 55 Pips Profit

Reserves Bank of Australia is going to announce interest rate decision today. This announcement is going to affect USD movement. Since my EURUSD trade is sitting on decent profit, I decide to lock in my profit. Closed my EURUSD at 1.3562, profit is 55 pips.

Original:

Buy EURUSD at 1.3507
Stop level at 1.3440
Target level at 1.3600

All of my trades are executed based on fully tested trading system based on real life experience.

If you are interested to learn about this trading system, send an email to me at metal.commodity@tradingeducationprogram.org to sign up for my Trading Education Program.

Tim E ( uk )

If you are trading 1 standard lot, 100 pips is equivalent to USD1000.

Original trade:

Buy EURUSD at 1.3589
Stop level at 1.3489
Target level at 1.3689

Buy EURUSD at 1.3589
Stop level at 1.3489
Target level at 1.3689

Trading Education Program is an educational package where you will receive a proprietary trading manual for my system. The manual has 46 pages and will cover trading techniques, setups and money management.

You will also receive live trade emails where you will learn when and why to enter a trade using real life trading environment. From my email updates the students will be guided to why and when to enter a trade based on real life trading environment.

Most trading programs do not offer this. Without proper guiding in real life trading environment, the new trader can be full of knowledge about forex trading and yet still be an unprofitable trader.

One-on-one online coaching session will be provided via skype. Most importantly, you can fire off unlimited questions and doubts to me which will help you to learn from the master himself.

For those who are long enough in this market, you should know that this is better than paying few thousand dollars for trading seminars that do not produce good results.

To view the testimonials of my subscribers, go to:

http://tradingeducationprogram.org/testimony-from-subscribers/

Most testimonials from other trading courses or programs do not say that they have become profitable traders. But look at the testimonials of my subscribers, most of them have started to make money already!

In my view, making money from trading is the single and most important reason why people had signed up for trading courses / programs. Looking from the testimonials of my students, I think my program has fulfilled this.

My subscribers come from Australia, Brunei, Canada, Denmark, France, Germany, Hong Kong, India, Ireland, Italy, Lithuania, Poland, Singapore, South Africa, Spain, Sweden, Vietnam, Ukraine, United Kingdom and United States of America.

If you are interested to take up my program, send an email to me at metal.commodity@tradingeducationprogram.org.

If you are trading 1 full contract (100,000) per trade, your profit for 208 pips will be around US$2080.

Here are the details of my trades:

1. AUDUSD: 14 Pips Profit

AUDUSD starts to retrace downwards.
Closed AUDUSD at 0.8666, profit is 14 pips.

Original:

Buy AUDUSD at 0.8652
Stop level at 0.8540
Target level at 0.8737

2. EURUSD: 63 Pips Profit

EURUSD has a deep fall. I decide to close my position.
Closed my position at 1.3946, profit is 63 pips.

Original trade:

Sell EURUSD at 1.4009

Stop level at 1.4057

Target level at 1.3922

3. AUDUSD: 21 Pips Profit

EURUSD is looking weak and it may pull AUDUSD down. I do not want to take chance.

Closed my AUDUSD at 0.8892, profit is 21 pips.

Original trade:

Buy AUDUSD at 0.8871
Stop level at 0.8800
Target level at 0.8990

4. AUDUSD: 30 Pips Profit

Market looks pretty unstable. I decide to close off my position before I go to sleep.
Closed at 0.8834, profit is 30 pips.

Original trade:

Buy AUDUSD at 0.8804
Stop level at 0.8740
Target level at 0.8895

5. AUDUSD: 80 Pips Profit

RBA is going to announced interest rate decision in the next few hours.
Price may go up or down drastically after the announcement, we do not want to take risk.
Closed our position at 0.8916, profit is 80 pips.

Original trade:

Buy AUDUSD at 0.8836
Stop level at 0.8745
Target level at 0.8986

All of my trades are executed based on fully tested trading system based on real life experience.

If you are interested to learn about this trading system, send an email to me at metal.commodity@tradingeducationprogram.org to sign up for my Trading Education Program.

Original trade:

Target level at 1.3922

Buy AUDUSD at 0.8804
Stop level at 0.8740
Target level at 0.8895

Economists
The most important distinction to make is that between the current and capital accounts of the balance of payments. The current account broadly covers trade payments. The capital account is concerned largely with purchases of assets – foreign securities such as bonds, shares or physical assets like a factory. The notion of a balance of payments is that a surplus or deficit of a current account will be balanced by a deficit or surplus on the capital account.

In the long term a deficit government was expected to curb demand in the economy, so that domestic consumers cut back their expenditure on both domestic and foreign goods. Price of domestic goods would fall in response to this drop in demand, making them more attractive to foreign consumers and pushing up the country’s exports. Since imports would fall because domestic consumers could not afford to buy them, the net effect would be to restore the balance of payment equilibrium.

The study of the effect of prices on exchange rates has focused on the purchasing power parity (PPP) theory. At its simplest the theory argues that the exchange rate will tend towards the point at which international purchasing power is equal. In other words, a hamburger would cost the same in any country, something The Economist highlights in its Big Mac index. In turn that means differential inflation rates are the most important driving factor behind exchange-rate movements.

The level of interest rate is a major factor in the strength or weakness of a currency. High rates have generally boosted a currency’s value. This seems to be due to carry trade which sees speculators borrow money in a low-yielding currency and then invest the proceeds in a higher-yielding one. One popular trade was to borrow yen and to buy Australian or New Zealand dollars. Such a tactic would earn a postive carry, the difference between rates in the two countries, of several percentage points.

Technical analysts
Technical analysts or charists as they are often known, believe that all the factors which the economists studies – inflation, balance of payment, interest rate etc, are already known by the market and are thus reflected in the prices of goods and commodities. This is true of pork bellies, oil and currencies. The chartists study charts which represent the price movement of a particular commodity. Over long periods certain price patterns emerge, which cause the analysts to claim that further developments in the price patterns can be predicted.

The underlying rationale behind chart analysis is that the key to price movement is human reaction. Among the patterns that chartists see are the followings:

Head and shoulders. This pattern is made up of a major rise in price (the head) separating two smaller rises (the shoulders). If this pattern is established, the price should fall by the same amount as the distance between the head and a line connecting the bottom of the two shoulders.

Double tops. A double bottoms or top indicates a major reversal in the price trend. Both consist of two troughs (or peaks) separated by a price movement in the opposite direction.

Apart from pattern recognition, technical analysts also study momentum and moving average models. Momentum analysis studies the rate of the change of prices rather than merely price levels. If the rate of change is increasing, that indicates that a trend will continue; if the rate of change is decreasing, that indicates that the trend is likely to be reversed. One of the most significant rules for technical analysts is that a major shift has occurred when a long term movement average crosses a short term moving average.

Conclusion

Although technical analysis has very little intellectual respectability in the economists’ circles, it has a great impact on the foreign-exchange markets. Many believe it to be a useful forecasting tool in the short term. In the long term, economic analysis may yet prove a more successful forecasting technique.

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Global Finance School – Online Stock Market Education

Original trade:

Buy AUDUSD at 0.8836
Stop level at 0.8745
Target level at 0.8986

Buy USDJPY at 91.33
Stop level at 90.63
Target level at 92.33

Original trade:

Sell EURUSD at 1.4531
Stop level at 1.4600
Target level at 1.4440

Sell NZDUSD at 0.7039
Stop level at 0.7110
Target level at 0.6900

Buy AUDUSD at 0.9005
Stop level at 0.8925
Target level at 0.9105

Buy EURUSD at 1.4732
Stop level at 1.4620
Target level at 1.4820

The remarks were accompanied by a caution to the financial world that too much should not be read into the recent strong employment report as it is possible that the rate will stay high for some time to come.

The news busted the hopes of traders who thought a rate increase in the US was coming soon; Bernanke made it clear that it is not under consideration based solely on one positive report and that the low rates are what is driving the recovery that it now appears, the US is going through.

In choppy trading, the Dollar was mixed, floating into positive and then negative territory several times during the week.

Currently Williams has signal buy so we will be expecting a bounce from EURUSD soon.

Buy EURUSD at 1.4850
Stop level at 1.4770
Target level at 1.4980

Sell EURUSD at 1.5089
Stop level at 1.5160
Target level at 1.5000