Daily Signals 14th August 2008

Ahh......

- 50 pips today

Eur/usd , Usd Chf


scenario 1

Daily Signals 13th August 2008

No Signals today !

Daily Signals 12th August 2008

Usd/chf

Sell Stop Order 1.0845

Stop loss: 1.0870

Profits/(loss): ( 20pips )

Scenario :2a

Identify the trend and Exited before hitting stop loss. Hope tomoro will be good trade

Daily Signals 11th August 2008

GMT 1130- 1600

No Signal today.

Cheers.

Daily Signals 8 August 2008

Usd/Jpy

Sell Stop Order 109.48

Stop loss: 109.73

Profits: na

Scenario :na

Balance for the day:na

Never trigger the order. Watch olympic opening ceremony more important. And if you are more patrotic , then watch ndp speech .. lol

Daily Signals 7 August 2008

USD/CHF

Buy Stop Order 1.0592
Profit : +1 pip

Hit trailing stop order (Scenario 2b)

Eur/Jpy

Sell Stop Order 168.73

Profit : 16 pip
Exited manually, should have waited later to grab another 55 pips , beat myself to it !
(Scenario 3)

Eur/USD

Sell Stop Order 1.5431
Profit : 90 pips

Exited at Gmt 16 00 hrs , very good trade it is a winner ! Scenario 3 Winner!

Balance for today : +107 pips

Daily Signals 6 August 2008

Buy stop order 1.0540

USD/CHF

Profit : + 58 pips

Scenario 3 Winner !!

Exited at GMT 16 00 hrs

Balance for the day : +58 pips

Sneak Preview of My Forex Trading System

Hi,



I uses Trend Following Strategy. If you follow my signals, here are several scenarios you will experienced while trading my signals.

Weekly profit: 100 pips (average)

Stop Loss : 25 pips (depends with currency)

Trailing Stop : 20 pip (Move BreakEven [BE] +1 ) , 35 pip (Move [BE] +10 ) , 55 pip (Move [BE] +30 ) , Every 20 additional pips, move BE 20 pips more to Trail

Trading Time : GMT 12 00 - 16 00 hrs

Day Trade , usually trade exits on the day itself

Scenario 1

False Breakout

Worst Case Scenario

Profit : -25 pips

Scenario 2a

Price action hit your Buy/Stop order and starts to move in opposite direction as shown in this diagram

Profit: - ( 5- 25 ) pips , note: my system may be able to identify this kind of scenario and make an early exit before price action hit my stop loss.

Scenario 2b

Price action hit your buy/sell stop order and move in your direction for a short while and went against you with a sharp needle as shown in the diagram.

Profit : - 10 pips to + 1 pips , Note the trailing stop may protect your order from a no loss trade .

Scenario 3 (Best)

Price Action hit order and start to move strongly in your direction as shown in the diagram.

Profit: 30- 150 pips winner

While not every trade will be a winner , however small losses keep your account healthy to fight another day. Small losses and average winners make your account looks good. The winner trade will happen 1 - 2 times fortnight.

Change Of My Blog Theme

I'm back to tell you more about my life! Haha

I was secretly learning about forex education the past 6 months. It was very enriching and make me wanted to find out more about this exciting industry.

Right now I study part time Business Degree (econs and finance) and invest full time.

I study and attend lecture in the day and invest at night. Sound fun and exciting!