26 November 2008

GBP/USD SELL @ 1.5327 + 10 pips profit

Hello again my friends,

I'm very busy this period because I have great plans for me and Forex in 2009.

Here is the trade for today:

GBP/USD:



All conditions were met.
SELL @ 1.5327
Time of trade: 15 minutes
Target hit @ 1.5317

Profit for today: 10 pips x 1 lot x $10 per pip = $100

There were few signals these days but I didn't have time to trade and share. Maybe some of you caught them.

See you soon.

Happy PIPpin' !

09 October 2008

EUR/USD SELL @ 1.3649 + 10 pips profit

Hello again my friends,

Today was a very spooky day in Forex but it came with some profit.

Trade of the day: EUR/USD

Here is the chart:



Signal @ 12.00 GMT when 2 EMAs crossed. 13.00 GMT price closed under the RegChan. 14.30 MACD turned down.

Entry @ 15.00 GMT with SELL order @ 1.3649 with only 1 lot
SL: never hit
Target hit in 10 minutes.

Profit: 10 pips x 1 lot x $10 per pip = $100

That was all for today.

Happy PIPpin' !

30 September 2008

Someone loves America

Hello my friends,

Just want to send all of you a short notices on what's happening in America:
- stay away from trading in the next 12-24 hours
- don't believe what you hear on News channels, everything is bullshit and they want people to move money to Lose money.
- if you want to trade wait for important economic news and trade after 1 hour after that
- and the last one, as my title says "Someone loves America" refers to the fact that the Congress didn't approve the Bailout plan. That plan was Evil and wanted to drag America and Americans to the worst they ever seen in centuries. So, I think Americans should love their Congress for their decision to reconsider the plan and rethink it.

I am not a filo-American guy, but in this case I must admit that some Things work in America and they are indeed Blessed with such people UP There.

Happy PIPpin' !

29 September 2008

Dukascopy (Suisse)

Hello again my friends,
Last week I made a decision regarding my future in Forex and I closed any accounts with American forex brokers and I moved to Dukascopy. Why ? Because it's one of the best, stable and reliable broker in the world. They have a good customer support, very good spreads and excellent execution of orders. My last broker, HotspotFx was a good one but in half year EUR/USD moved from 0-1 spread to 2-3. That's not good for a ECN as they assume to be. Another broker that I left behind is FxSol as they hit 5 pips spread on EUR/USD and that's again BAD.

Finally after long research I choosed Dukascopy and they won a good trader with lots of money :D

I will let you know what's my second broker for funds diversity ;)

Thanks for your time and happy pippin' !

PIPology

25 September 2008

GBP/USD SELL @ 1.8471 + 10 pips profit

Hello again my friends,

It seems markets started to move a little since Buffet bought $5Bn of shares on Wall Street so I must thank him for this because we had another great trade today.

Here is the chart:



We are talking about GBP/USD, the pair that gives most of signals and profit on my strategy.

Entry: SELL only 1 lot @ 1.8471
Stop Loss: Didn't have time to set it
Target HIT in less than 5 minutes.

Profit: 1 lot x 10 pips x $10 per pip = $100

Why I entered with only 1 lot ? Because there was no TL broken. I wanted to be careful and I was right. Break of RegChan and a 38.2% Fibonacci (draw in Daily) level.

GBP/USD ranged in the past days, but today that situation ended fast. Let's hope more signals will follow next week.

Tomorrow is Friday so be careful, it will be very tricky.

Happy PIPpin' !

18 September 2008

Ranging Market - Dangerous Times

Hello my friends,

I just want to leave a short line because I have to leave again and tell you that I didn't abandoned the project "10 pips per day", but at this moment market is ranging big time and I rather prefer to stay out or wait a perfect setup than lose money. Until now I didn't see a perfect setup so I hope to see you soon with more pips added to daily profit.

Currently I'm developing a M5 strategy based on a Perfect Candle setup :D and hope to share it with you soon because it already gives good signals and brings daily profit.

Happy PIPpin' !

04 September 2008

GBP/USD BUY 2 lots @ 1.7817 + 10 pips profit

Hello my friends,

GBP/USD did it again. Here's the chart:



Perfect setup.
Entry: BUY 2 lots @ 1.7817
Time of trade: 5 mins
Target hit: 1.7827

Profit for today: 10 pips x 2 lots x $10 per pip = $200

That's all, now I'm going back to sleep :D

Happy PIPpin' !

03 September 2008

USD/JPY Sell 1 lot @ 108.61 + 10 pips profit

Hello again my friends,

Today's trade was a risky one but profitable. Hero is USD/JPY and here is the chart:



I took a little risk because MACD wasn't clearly turned down and I trusted W%R with that small retrace so I didn't enter with 2 lots to minimize loss (just in case).

Entry:
SELL 1 lot @ 108.61
Time of trade: 20-25 min
Exit @ 108.51
Spread was 1 pip

Profit for today: 10 pips x 1 lot x $10 per pip = $100

That was all for today. I don't think other pairs will give any signals until 4-6GMT so see you next time.

Happy PIPpin' !

25 August 2008

GBP/USD - Buy @ 1.8500 + 10 pips profit

Hello again my friends,

Today was another great day in Forex, but I didn't have the chance to catch the moves because my ISP had some upgrades, but I had to draw the charts and post it for people to believe in this strategy.

Here it is:



Great move from GBP/USD.

Entry:
BUY @ 1.8500
Time of trade: 15 minutes
Target hit @ 1.8510

Profit from this trade 10 pips x 2 lots x $10 per pip = $200

There will be more to come this week as the market calmed down a little bit.

Happy PIPpin' !

21 August 2008

CAD/JPY Sell 2 Lots @ 103.12 + 10 pips profit

Hello my friends,
There are 9 days since last trade. But better stay out and away from loss than playing foolish.

Today we had a good trade, a little risky but strong and fair from CAD/JPY. And here is the chart:



Sell 2 lots @ 103.12
Time of trade: < 15 minutes
Target hit @ 103.02

Profit for today: 10 pips x 2 lots x $10 per pip = $200

And now I covered the loss from past trades and a little more in profit.

Let's home some important events will happen in order to see a more stable market with less emotions.

Happy PIPpin' !

12 August 2008

USD/JPY - SELL 2 lots @ 109.83 + 10 pips profit

Hello again my friends,

After 1 week of chaotic movements I'm back again with today's trade.

Here is: USD/JPY



Entry:
13.00GMT: SELL 2 lots @ 109.83
Time of trade: 15 minutes
Profit taken at: 109.73

Profit for today: 10 pips x 2 lots x $100 = $200

Trades can be seen also on Fxtraderlink website.

05 August 2008

Official Signal Provider for FXTraderLink.com

Hello my friends,

Starting from today I am official Signal Provider for FxTraderLink.com

Here is the link to my profile:
http://www.fxtraderlink.com/public/system_profile.jsp?id=520

Thanks for visiting my website and keep subscribing to my blog as I will continue to update it when trades occur.

Happy PIPpin' !

30 July 2008

GBP/USD Buy 2 Lots @ 1.9818 + 5 pips profit

Hello again my friends,

Today's tradeS were a little tricky because there were 2 taken by me and one of them is still open and I'll explain why:

First is GBP/USD:



Because of the pattern that formed at entry point I decided to use only a 5 pips profit target for this pair.

Entry:
9.30AM GMT: BUY 2 lots @ 1.9818
Target hit in less than 5 minutes: 1.9823 (than price retraced a lot as I thought)
Profit from this pair: 5 pips x 2 lots x $10 per pip = $100

Second pair is USD/JPY (tricky one):



Well, this pair gave a perfect signal, BUT the price went a little crazy.
The important thing is that the SL was never reached. I was not lucky to have 0 spread today and I had 1 and price bounced from my target of 5 pips so I decided if the price won't hit my SL to stay in market until my target is hit and right now I'm open with SELL order with 2 lots since 107.80

So target is: 107.75 and I'am pretty sure will be hit soon because of the momentum that gave Yen power to drag all pairs down.

I will get back with screenshot from profit-moment.

Happy PIPpin' !

29 July 2008

GBP/USD Sell 2 Lots @ 1.9898 + 10 pips profit

Hello my friends,

It was a extraordinary day in Forex and I hope some of you caught the move :D

GBP/USD



Peeeerfect setup !
11.00 GMT: Sell order 2 lots @ 1.9898
SL: Never hit
Target hit in 10 minutes. 1.9888

Profit for today:
10 pips x 2 lots x $10 per pip = $200

Happy PIPpin' !

24 July 2008

GBP/USD Buy 2 Lots @ 1.9963 + 10 pips profit

Hello my friends,
I didn't take any trade today but a friend of mine reported the following trade:



Sell 2 lots @ 1.9983
Exit @ 1.9953

Profit: 10 pips x 2 lots x $10 per pip = $200.

Comment for the trade: My friend took the trade with some risk, because MACD bars were down for some time and it's very risky. From my point of view I don't enter the market for such signals because are not perfect so I better wait for the Right moment.

Happy PIPpin' !

22 July 2008

EUR/USD - Sell @ 1.5881 + 10 pips profit

Hello again my friends,

Today was another great day in Forex Market. Who made it great ? EUR/USD.

Let's see the chart:



What do we have here ?
A little bit of Perfect Setup !
Everything happened after 12.30PM GMT.
EMA's crossed and same time broke a mini-TL.
The RegChan was also broken after 1 hour and half and turned MACD down.
After 30 minutes the price retraced and W%R gave us the signal.

Entry order:
SELL 2 lots @ 1.5881
SL: Too far to be hit
Target hit in about 25 minutes.

Profit for today:
10 pips x 2 lots x $10 per pip = $200

And that's all for today. Remember, the moment is important. If you catch it you got it.

Happy PIPpin' !

21 July 2008

USD/JPY - SELL 2 lots @ 106.74 + 10 pips profit

Hello again my friends,

Today is Monday and today was another great day in forex. Here of the moment: USD/JPY.

Here is the chart for Order moment:



Perfect setup. W%R dropped under the line than retraced. EMAs crossed, MACD down, TL broker.
SELL 2 lots @ 106.76

And now, chart for the closing order moment:



Less than 15 minutes.

Profit for today: 10 pips x 2 lots x $10 per pip = $200

I told you it was a great day. I was here and that's important. But I'm sure there will be plenty more signals for everyone :)

Happy PIPpin' !

16 July 2008

GBP/USD Sell 2 Lots @ 2.0027 + 10 pips profit

Hello my friends,

Today was another great day in Forex, hero is GBP/USD and here is the chart:



Perfect setup, even if the MACD turned up and down again. It happened at the right hour and moment and I was there. That's important, to catch the moment.

Entry: Sell 2 lots @ 2.0027
SL: 2.0035 + 10 + 1 spread = 2.0046 (never hit)
Target hit in less than 5 minutes: 2.0017

Profit for today: 10 pips x 2 lots x $10 per pip = $200

And that's all.

Happy PIPpin' !

11 July 2008

USD/CAD again BUY @ 1.0105 - Target hit + profit

Hello again my friends,

Today was another great day in Forex, at least with my strategy.

Here is the chart of the trade (USD/CAD):



Good timing, after 6.00AM GMT.
Perfect setup !
Entry: BUY 2 lots @ 1.0105
SL: 1.0102 - 10 pips - 2 spread = 1.0090 (never reached)
Target hit: 1.0115 (in less than 25 minutes)

Profit: 10 pips x 2 lots x $10 per pip = $200.

Too bad this week was a chaotic one but better keep distance from loss than embrace it :D

Have a nice weekend everyone. See you on Monday.

Happy PIPpin' !

03 July 2008

USD/CAD long time no see - Profit day

Hello my friends,

Today was a great day. I had to run after I placed the trade and I didn't have time to update the threads and website with new profit and images of the trade.

So bellow you will find the first picture of the entry moment and second the complete trade:





Almost perfect setup. Why "almost" ? Because the TL was missing and that gave me some bad feelings. usually when a TL is not present there is more uncertainty and if you look now at USD/CAD the market turned the price down and now we can think that at that point with yesterday's high will form a TL for tomorrow or later today.

Entry: 9.00AM GMT: BUY 2 lots @ 1.0146
Time of trade: Aprox 15-20 minutes
Target hit: 1.0156

Profit for today:
10 pips x 2 lots x $10 per pip = $200

Great day

30 June 2008

GBP/USD Sell 2 Lots @ 1.9915 + 10 pips profit

Hello my dear co-traders,

GBP/USD is a remarkable pair that gave a great profit today.

Here is the chart:



Perfect setup, all indicators in our favor.
Entry: SELL 2 lots @ 1.9915
Time of trade: 3-5 minutes
Target hit: 1.9905

Profit for today 10 pips x 2 lots x $10 per pip = $200

Fast and smooth.

Happy PIPpin' !

26 June 2008

USD/JPY - SELL 2 lots @ 107.76 + 5 pips profit

Hello my friends,

Today's trade USD/JPY
Here is the chart:



Perfect setup, slow movement.

Entry: SELL order 2 lots @ 107.76
TIme of trade: 30 minutes (too long)
Exit: 107.71

Profit: 5 pips x 2 lots x $10 per pip = $100

Finally it turned to be a good trade, even if I've been waiting for 30M candle to close and even if price went in correct direction. I'm satisfied with today's trade and hope everyone enjoys this great strategy.

Happy PIPpin' !

24 June 2008

GBP/USD Buy 2 Lots @ 1.9657 + 10 pips profit

Hello again my friends,

This day started extraordinary and the hero of the day is GBP/USD.

Here is the chart of the trade:



Setup was perfect.
Order: BUY 2 lots @ 1.9657 (6.00 AM GMT)
SL: 1.9649 - 10 pips - 0 spread = 1.9639 (never reached)
Time of trade: 20 mins
Target hit: 1.9667

Profit for today:
10 pips x 2 lots x $10 per pip = $200

That was all for today, hope you got it :D

Happy PIPpin' !

20 June 2008

USD/JPY - SELL 2 lots @ 107.79 + 10 pips profit

Hello again my friends,

Today was a tricky day as I suspected. Fridays are always tricky so if you are not experienced better get out and have some fun than trading :D

Here is the chart for today's trade:



Entry point: 107.79 SELL Order with 2 lots
SL: 107.87 + 10 pips + 0 spread = 107.97 (never reached)
Time of trade: Approx. 15 mins
Target hit: 107.69

Profit: 10 pips x 2 lots x $10 per pip = $200

That was all for today, always be careful for those retraces (as you can see in the picture, price jumped back in RegChannel)

Have a nice weekend !

Happy PIPpin' !

19 June 2008

CAD/JPY - BUY 2 lots @ 106.27 + 10 pips profit

Hello my friends,
Long time no see :)

Today was another great day in forex, few hours ago.
From now on I won't post the setup words and explanations because I think the thread is old enough and people should know what is all about. I will stick only to the main entries and exits.
So here is the char for today's trade:


Entry: 106.27 with 2 lots
Order: BUY
SL: 106.17 - 10 pips - 2 spread = 106.05 (never reached)
Target: 106.37
Time of trade: Max 5 minutes :D

Profit: 10 pips x 2 lots x $10 USD/pip = $200

That's all folks ! See you next time.
Happy PIPpin' !


11 June 2008

GBP/USD @ 1.9561 BUY + 10 pips x 1 lot Profit

Hello my friends,

Today was another great day in forex, like yesterday as you saw in perfectsun's post.

Here is the trade for today (GBP/USD):



Setup:
10.00 GMT (12.00 platform hour): I moved the Reg Channel to make a tighter range. At closing of the bar the candle closed a little above the RegChan but not very much. Also MACD turned UP. The 2 EMAs were already crossed.
10.30 GMT: Candle hits the RegChan and price retraces a little. W%R gives the signal for a good entry point.
At this point I took some risk because the price didn't break the RegChan. So I places a strong SL and that was it.

Entry: BUY 1 lot @ 1.9561
SL: 1.9561 - 10 - 1 spread = 1.9550
Time of trade: 5-10 minutes to reach target

Profit: 10 pips x 1 lot x $10 per pip = $100

That's all for today.

Happy PIPpin' !

05 June 2008

CAD/JPY - BUY @ 103.66 w/ 2 lots / 10 pips profit

Hello again my friends,

I took a risk and broke one of my own rules about not trading before 6GMT :D I recovered what I missed this week. Here is the trade I took minutes ago:



00.30GMT: 2 EMAs crossed
1.00GMT: Price broken the RegChan and TL closing above
2.00GMT: Price makes MACD turn UP, and retraces receiving confirmation from W%R going bellow -20 level.
Perfect Setup ! (I was here, too tempting :p )

Entry:
BUY 2 lots @ 103.66
SL: 103.63 - 10 pips - 3 spread = 103.50 (never reached)
Time of trade: 15 minutes
Target reached: 103.76

Profit: 10 pips x 2 lots x $10 per pip = $200

That's all for today, I don't have to think about other trades till tomorrow. Or maybe I will trade if a perfect setup will show up.

Happy PIPpin' !

29 May 2008

EUR/USD - Important Event for Forex

Dear Friends,

What I'm about to tell you will not be shared with everyone, but only with my subscribers and visitors.

From August 2007 the Market went crazy. Everything including strategic levels like Fibonacci Numbers, Gann Fan levels and other natural indicators fall into parts. Nothing, but nothing was respected anymore and maybe some of you didn't notice but that was a huge move by the big guys who know that those indicators were very well advertised in the last year so they thought to move the market a little and make the traders thing everything was a bullshit.

From August, Fibonacci levels were a total mess, 38.2% and 61.8% were placed on the blacklist of Support and Resistance and many people lost money because they believed in those levels. Don't think they are not working, think that someone wanted those level not to work.

Well, let me tell you that their non-sense actions ended today, because like all natural things, indicators like Fibonacci and Gann took their place back in action. Why ? Because Nature is never wrong, Nature and Evolution always win and those 2 names mean a lot in Forex or Capital markets.

Bellow you will find the proof that Fibonacci is starting to win the fight with Big Guys. I haven't seen such a perfect movement based on Fibonacci Levels since last summer. People want those level to work. Natural Selection Works !



Happy PIPpin' !

EUR/USD - Sell @ 163.62 / 10 pips profit

Hello my friends,

Today was another great day in Forex, because EUR/JPY did it again.

Here is the chart of the trade:



14.30GMT: Price broke the TL and RegChan. Close under them. 2 EMAs cross. MACD still up.
17.00GMT: Price turns MACD down. W%R still bellow -80. We wait for a retrace.
17.30GMT: Price retraces, W%R above -80. No resistance found at lower EMA.
Perfect setup !

Entry: SELL 1 lot @ 163.62
Target: 163.52
SL: 163.75 + 10 pips + 2 spread = 163.87 (too far to be reached at this level)
Target reached in 5 minutes.

Profit: 10 pips x 1 lot x $10 per pip = $100

I attached also the big picture of the chart to see the origin of TL and how it came to present day with RegChan. You can notice that at some level price broke again the TL and RegChan, upper direction but it hit the upper band of RegChan than dropping down again.



Happy PIPpin' !

27 May 2008

CAD/JPY - BUY 2 lots @ 104.58 / 10 pips profit

Hello again my friends,

It seems the market got some speed and here I am with a new trade for today.

CAD/JPY - base pair for my strategy gave a good signal and got me another 10 pips profit.

Here is the trade:



So, what do we have here:
5.00GMT: Early in the morning CAD/JPY made the 2 EMAs to cross and more it broke the white TL.
6.00GMT: Price turns the MACD up and closes above the RegChan, BUT the W%R is way above the -20 level, so we wait for a retrace
6.30GMT: Retrace happens, W%R confirms and didn't cross RSI, MACD still up and more price closes above the RegChan (that's good, because RegChan acted as a Support)
Good Setup !

Entry:
BUY 2 lots @ 104.58
Target: 104.68
SL: Too Far to bother place it, because at this point price don't have the power to move bellow the RegChan, it need at least one pullUP in order to fall so the entry was perfect.
Time of trade: 10 minutes

Profit for today: 10 pips x 2 lots x $10 per pip = $200

Comment: Why didn't I place a Stop Loss ? Because the market, as a living entity built on fundamental rules of gravity, needs to gain some altitude in order to fall and at this level (small) we can play with movements and get our 10 pips per day without headaches. And more, the price found support at RegChan upper band. As you can see, the candle that ended after our 10 pips profit it's a remarkable reversal one.

Happy PIPpin' !

26 May 2008

EUR/JPY Day - profit added - 10 pips

Hello my friends,

Today was another great day for trading in Forex using my strategy.

Here is the picture of the trade:



5.30GMT: Price breaks the RegChan and white TL and closes above them.
7.00GMT: Price makes the 2 EMAs to cross for the first time, but MACD is still down.
11.30GMT: Price makes the 2 EMAs to turn for the second time, MACD is still down but it shows optimism to turn up.
12.30GMT: MACD turns up, W%R is UP, we wait for a retrace of the price and watch closely the W%R indicator to go bellow -20.
13.30GMT: Price retraces, MACD still up, W%R retraces bellow -20 and didn't cross with RSI.
PERFECT Setup !

Entry: BUY 2 lots @ 163.00 (another sign that we can enter without problems is that price retraced exactly to 163.00 that acted as support)
Target: 163.10 (reached)
SL: 163.00 - 10 - 2 (spread) = 162.88 (never reached)
Time of trade: 25 minutes

Today's profit: 10 pips x 2 lots x $10 per pip = $200

Another pair that gave a signal was EUR/USD but I got only 3 pips from that one because trade was taking too long and I got out "flat" with those 3 pips in profit. (It happened @ 12.00 GMT)

That was all for today.

Happy PIPpin' !

23 May 2008

CAD/JPY - SELL @ 105.42 w/ 1 lot / 10 pips profit

Hello my friends,

Today was a great day for trading. Either if you traded CAD/JPY or GBP/JPY was a great day.

Here is the trade for today:



So, what do we have here ? It's called CAD/JPY. The pair that helped me discover this strategy.
Here is the trade:
3.00 GMT: Price breaks the Regression Channel
6.00 GMT: The 2 EMAs cross and same time break the TL
7.30: MACD turns down, W%R stays above -80 level
Perfect Setup !
Entry: SELL @ 105.42 w/ 1 lot
Spread: 2 pips
SL: 105.42 + 10 pips + 2 spread = 105.54
Target: Reached in 10 minutes
Success !

Profit: 10 pips x 1 lot x $10 per pip = $100

That's all for today.

Happy PIPpin' !

21 May 2008

USD/JPY - BUY @ 103.41 - Movie and Analysis

Hello my friends,

I'm back again after a bad period for trading. I was out and I didn't trade. Way too many oscillations and no good setups.

Here is the trade that I took few minutes ago and I got out flat even if I knew it would reach the target. I don't want to stay too much in the market waiting for profit. Many will tell that if I would have wait 1-2 more minutes I would have got the profit. Yes, true, but sometimes 1-2 minute can be fatal for your account si I rather get out and try another time.

And yes, the last week was weak, very weak. The market is slow and the movements chaotic. I am looking at GBP/USD in H4 and Daily that that's the disrespect that "big guys" show to traders. Those movements show us that They Don't Care about you or anybody. Those movements eat your life if you don't stay out.

Here is the movie I recorded for everyone:

http://www.mediafire.com/?jeecglyxnet

Thanks and Happy PIPpin' !

29 April 2008

GBP/USD @ 1.9871 SELL + 10 pips x 2 lots Profit

Hello my friends,
I am back for today's trade, it was a real success and as I wanted, I recovered the loss from yesterday's failure and added some more profit because of perfect setup that happened earlier today.

Here is the chart:



I placed a Trend Line (green) between 2 important points (see the chart).
Early in the morning the 2 EMAs crossed very shy, around 2.00 AM GMT
Then,
6.00 GMT: Price breaks the RegChan, but not the TL, and also MACD turned down
6.30 GMT: Price breaks also the TL
(Please notice how TL and RegChan "work" together - this means no angle between them and their levels must be taken into consideration very serious.)
7.00 GMT: Price retraces and W%R confirms by going above the -80 level
Isn't this Setup Perfect ?

So, we enter with confidence:
7.00 GMT: Entry, SELL Order with 2 lots @ 1.9871
Target: 1.9861
Time of trade: approx 5 minutes
Target reached !!!

Profit: 10 pips x 2 lots x $10 per pip = $200 (-$40 from yesterday) = $160

That was all for today. Huh ! So much hard work :)

See you tomorrow !

And Happy PIPpin' !

28 April 2008

GBP/USD @ 1.9795 Sell - Failure (Learn)

Hello my friends,

Today wasn't such a great day, because GBP/USD tricked us :D. But I'm sure you will learn something new from this experience.

Here is what happened:



7.30 AM GMT: Price breaks the RegChan and TL and turns the 2 EMAs (please notice that TL made a big angle with the RegChan - that's not quite good)
8.00 GMT: MACD turns down and W%R above -80 level

Entry: SELL @ 1.9795 with 1 lot (because W%R didn't retrace but continued after a small retrace so I better be careful - and more the big angle between TL and RegChan)
SL: 1.9819 + 10 pips = 1.9829 OR max 30 mins (or at the end of next candle after entry)
Target: 1.9785 (never reached)
Time of trade: 30 mins (exit at close of the candle)

Loss: 1.9795 - 1.9799 = - 4 pips x $10 per pip x 1 lot = $40 pips

Well there were only 4 pips loss or $40. I will recover them for sure in the next days.

Happy PIPpin' !

21 April 2008

GBP/USD @ 1.9934 SELL + 10 pips Profit

Hello dear friends,
Today was another great day in Forex. GBP/USD made a real move few minutes ago so here is the chart for today's trade:



and to see a nice TL together with old RegChan:



So, the signals were clear:

6.30AM GMT: Price breaks the TL and an old RegChan and also makes the 2 EMAs to cross
7.00AM GMT: Price closes bellow the recent RegChan, but MACD still Up
8.00AM GMT: Price turns the MACD down, W%R retraces above -80 level
Perfect signals.

Entry:
8.00AM GMT: Sell @ 1.9934 with 1 lot
SL: 1.9955 + 10 pips + 1 spread = 1.9965
Target: 1.9924 (reached)
Time of trade: 4 - 5 minutes

Profit: 10 pips x 1 lot x $10 per pip = $100

Thank you and happy PIPpin' !

14 April 2008

FLAT Day - EUR/JPY Failure - USD/CAD - Profit !!

Hello my friends,

Today was a flat day.

Here is the chart for Losing trade:



Everything was ok:
EMAs crossed at 09.00 GMT
10.30 GMT price breaks the RegChan and MACD turned up
11.00 GMT price retraces, W%R confirms.

Entry:
11.00 GMT: BUY @ 159.56 with 1 lot
SL: 159.42 - 10 pips + .02 spread = 159.30 or max 30 minutes
Target: 159.66
FAILURE !
Stop loss never reached. CLOSING the trade after 30 minutes without result.

LOSS: 159.56 - 159.44 = .12 = 12 pips x 1 lot x $10 per pip = $120


Here is the chart for winning trade that almost canceled the loss:



Signals:
10.30 GMT: EMAs crossed
12.00 GMT MACD turned down
12.30 Price breaks the RegChan and closes under it. W%R gives the confirmation for entry with that retrace.

Entry:
12.30: SELL @ 1.0224 with 1 lot
SL: 1.0233 + 10 pips + 2 pips spread = 1.0245 (never reached)
Target: 1.0214 - Successfully
Time of trade: 5 minutes

Profit: 10 pips x 1 lot x $10 per pip = $100

So, what I've learned today ? That I should wait for a Trend Line to Exist along with the RegChan. In first case no valid points for TL were found. So, next time I better wait for at least 2 points to trace a mini-TL to confirm with the RegChan. USD/CAD trade had a TL as a support for that range move in the morning

Thanks and Happy PIPpin' !

11 April 2008

USD/JPY - SELL @ 101.13 - 1 lot x 10 pips PROFIT

Hello again my friends,

Today was another great day in Forex. Today's hero: USD/JPY.

Here is the chart:



Also the video of the trade:

video

I moved the RegChan because I was searching for a better channel.

Signals:
2 EMAs crossed after the big drop 12.00 GMT
MACD turned down also at 12.00 GMT
And after 1 hour we got a retrace W%R confirmed at 13.00 GMT

Entry:
13.00 GMT: SELL @ 101.13 with 1 lot
SL: 101.14 + 10 pips = 101.24 (never reached)
Target reached in 3 minutes: 101.03

Profit: 10 pips x 1 lot x $10/pip = $100

That was all for today. It was a weak week.

Happy PIPin' and relaxing weekend :)

10 April 2008

GBP/USD @ 1.9744 SELL + 10 pips x 2 lots Profit

GBP/USD was today's best trade. Great move.

I moved the RegChan today for GBP/USD and as you can see the TL was there, near the RegChan. Pretty nice, ha ?



Signals:
2 EMAs crossed
Price broke the RegChan and TL at 16.00 GMT (with the same candle - pretty strong signal)
MACD turned down at 16.30 GMT
W%R retraced at 17.00 GMT

Entry:
17.00GMT: SELL @ 1.9744 with 2 lots
Time of trade: 3-5 minutes
SL: "nevermind" price hit the TL and closed bellow so that was clear for the next move - direction DOWN
Target: 1.9734

Profit: 10 pips x 2 lots x $10/pip = $200


Happy PIPpin' !

08 April 2008

EUR/USD @ 1.5715 SELL + 10 pips profit in 5 minutes

Hello my friends,

After almost a week of "holiday" I'm back with today's trade. It was a little risky but 1 lot worth it :)

Here is the chart:



11.30 GMT price broke the mini-TrendLine and the RegChan. (I attached a detailed picture to see the trend line), but MACD was still positive.



12.00 GMT price turned the MACD to negative and also made a little retrace and the risky part was that W%R wasn't clear above -80, was at -80.51 and that meant I broke my rules to enter a trade.

I am aware that when I broke my rules I might end losing that trade and the possibility to lose is HUGE, but that's part of the game and fun :) Now I was lucky, next time I better be more careful because we expect volatile times :D

12.00GMT Entry: SELL @ 1.5715 with 1 lot
Target: 1.5705
Stop Loss: 1.5735 (maybe that why I entered, because price closed UNDER the RegChan and I was almost sure that price will move at least 10 pips in that direction for at least 10-15 minutes)
Time of trade: 5 minutes or less

Profit: 10 pips x 1 lot x $10/pip = $100

Well, that was all for today, I'm out for fitness hour.

Happy PIPpin' !

03 April 2008

GBP/USD @ 1.9827 SELL + 10 pips x 2 lots Profit

Hello dear friends,

Today was another great day in Forex market. Specially for me and for those of you who trade using my strategy.

Here is the chart for today's trade:



So, as you can see the 2 EMAs crossed twice today until price set a trend.
At 3.00 GMT in the morning price got out of the Regression Channel.
At 7.30 GMT price broke the mini-trendline.
At 8.00 GMT MACD turned down and also made the retrace that we needed to enter. W&R above -80 level so perfect Setup.
8.00 GMT: SELL 2 lots @ 1.9827
Target: 10 pips until 1.9817
Stop Loss: Too far to be reached :D
Time of trade: 10-15 minutes

Profit for today: 10 pips x 2 lots x $10/pip = $200

That was all for today, I'm satisfied with profit made this week. I might stay away from the PC tomorrow but if I see some opportunities I might take advantage.

02 April 2008

EUR/USD 10 pips profit x 2 lots / Another great day

Hello my friends,

Today was a great day as I expected. EUR, GBP and USD made beautiful moves. So here is the chart for today's trade (EUR/USD):



Signals:
Regression Channel was broker early in the morning at 00.00 GMT
2 EMAs crossed at 8.00 GMT
MACD turned up at 9.30 GMT
At the 4th MACD bar W%R hardly retraced to -20.23 level so that was good
Price aboce 2 EMAs

Entry:
11.00 GMT: BUY @ 1.5641 with 2 lots
Target: 1.5651
Time of trade: 3 minutes :D
Profit for today: 10 pips x 2 lots x $10/pip = $200 USD

GBP/USD gave a early signal at 7.00 GMT when it broke the RegChan but when price retraced it closed again IN the RegChan so I prefer to forget about it and look for other opportunities on other pairs (like EUR/USD :D )

That was all for today.

Happy PIPpin' !

01 April 2008

Tutorial: How to respect the strategy and keep your SL

Hello my friends,

It was a terrible start of the week the the main pairs ranging all day.
So, what I am about to show you today is a part of my strategy and why I respect it so much and Why is important to respect any strategy.

You will see bellow a mini-movie I captured today specially for this Tutorial because I want to point out the importance of Williams %R crossing RSI at a possible signal moment:



So, as I stated before I don't trust the market when W%R crosses RSI. Why ? Because it shows changes in minitrends.

So if I were a greedy trader I would enter in LIVE account when W%R retraced and crossed RSI(because all other signals were good: macd, crossing of 2 ema, price above ema) but I respected the rules of my strategy and I'm just happy because in DEMO, in the video above someone would have lost $520 USD. I'm happy that I saved my money and now I expect more signals.

REMEMBER: Always respect your strategy, keep your Stop Loss INTACT, don't move it lower or higher hoping for a better trade, don't waste your money with false thoughts and emotions, keep steady and strong on your principles.

28 March 2008

CAD/JPY - SELL @ 97.82 2 lots x 10 pips PROFIT

Hello dear friends,

I usually don't trade Firday because it can be very chaotic so 90% of cases I'm out for the weekend since Thursday evening :)

But, CAD/JPY gave a real good signal so I took advantage of it.

Here is the chart and bellow the specs:



Signal:
At 12.00 PM GMT the 2 EMAs crossed
MACD turned down at 15.00 GMT
W%R made a nice retrace above -80 level

Entry:
17.00 GMT: SELL Order @ 97.92 with 2 lots (spread 4)
Stop loss: 98.10 + .04 spread = 98.14
Time of trade to reach target: 10 minutes (because of the spread. if the spread were less than 4 target would have been reached in 3-5 mins)
Target reached: 97.82

Profit: 10 pips x 2 lots x $10/pip = $200

That's all for today. Have a nice weekend. See you on Monday with more signals, charts and stuff. You can find more about my strategy on my website or you can subscribe to my feed to stay tuned with my signals.

Happy PIPpin' and stay tuned for the Third Lesson of Pipology :)

27 March 2008

USD/JPY - BUY @ 99.54 Another 10 pips PROFIT

Hello friends,

Today was another good day for trading. There are some things I would like to explain about staying on a trade or not, entering or not on some points.

Here is the successful chart:




Signals:
2 EMAs crossed @ 6.30 GMT
MACD turned up @ 8.00 GMT
RegChan broken @ 8.30 GMT

Entry:
At 9.00 GMT price retraced and W%R gave the signal by going bellow -20 level
Price was above the 2 EMAs
BUY Order: 1 lot @ 99.54
Time of trade: 10 minutes
Target reached: 99.64
Profit: 1 lot x 10 pips x $10/pip = $100

So that was all my trading for today, I have to go now, but not before explaining why I didn't enter on EUR/USD or GBP/JPY.

I attached the 2 charts of those 2 pairs.

Why I didn't enter ? Because W%R crossed with RSI indicator and for me that's not good and the price can move against me. I rather look on other pairs to see any opportunity than to enter with fear or hoping for a good trade. GBP/JPY is a pair where I have 4 pips spread and I don't trust it very much because it can move 50 pips in 10 seconds.

I hope you will understand from the charts.





Happy PIPpin' !