29 February 2008

GBP/USD @ 1.9852 SELL + 10 pips x 5 lots Profit

Hello again everyone,

Today was an exceptional day for trading, specially with my strategy and the move the GBP/USD did 1 hour and half ago.

Here is the trade for today:

It went more than 30 pips but why to take from other's stake, everyone should live :D

I entered with 5 lots because the signal was Perfect and it was sure shot.

So another 10 pips for today but multiplied with 5 it gave me another $500. So the waiting since Feb 26th was worth it.

Happy weekend and don't forget to Close your trades today.

26 February 2008

USD/JPY @ 107.85 SELL + 10 Min Profit

Hello everyone,

I'm back with today's trade:

Here it is:

Signal triggered first by crossing EMAs, breaking the trendline and then MACD and finally %R. All confirmed, that was a 100% sure trade. This is what I want people to understand, perfect setups happen everyday, you must be present when they happen and that's all, the market does the rest. If you feel 10 pips target gives you some kind of fear, no problem enter for 5 pips target with 2 lots, it's the same thing ;)

Usually when setups like this happen I enter with 8-10 lots (that means 1 pip = $100) and I'm in for 10 pips or less. No rush, just sure profit.

Another 10 pips profit for today, that means another $100. And I was among first ones who cashed in :D Trading hour was good. That was all for today, I let other traders to take the rest of the cake. I can go out now and have a tea :)

25 February 2008

GBP/USD @ 1.9658 Sell

Hello everyone,
I would like to share with you a signal from today, because this is one of the perfect signals (and it's not unique, relax).

At 2.30AM GMT MACD turns down and that's a good signal that the intraday trend is trying to change. The 2 EMAs crossed earlier to we were great. There is a trendline that needs to be broken in order to open a position so @ 4.00AM GTM the trendline was broken but was not enough because %R was not above the -80 level but surprise at the close of next candle at 5.00AM GMT %R was above the -80 level, candles were still under tne 2 EMAs, MACD down to confirm the trend so there was a perfect opportunity to place a SELL order at the close of 30M candle @ 1.9658. One thing to keep in mind, pairs involving European currencies are very tricky so early in the morning so to be cautious this position should be open for 5 pips profit (with 2 lots) not for 10 because it's a risk. So better collect 2 x 5 pips than waiting for 10. And in the next 30 minutes it's confirmed, our target is reached at 1.9653 (the low of the bar was 1.9650).

And this can be all for today, but better watch for more signals on other pairs :)

See the picture to understand.