14 March 2008

Excellent EUR/USD and GBP/USD trades + 20 pips profit

Hello my friends,

Yesterday was a Divergence day (for EU and GU) so I was out because I don't trade divergences during these times :)

So, as I said yesterday, here, someone got friend yesterday because of those divergences and and you see the price didn't go down as it should and from there many people lost many pips :)

But today, was a extraordinary day because both EUR/USD and GBP/USD gave at the same hour in the same time signal to enter Short. Here are the trades:

and



What do we have here ?
EUR/USD and GBP/USD charts, all indicators on our side, the entries were:

EUR/USD SELL @ 1.5585
Time of trade to reach target: max 10 minutes
Exit @ 1.5585
Profit: 10 pips x $10/pip = $100

GBP/USD SELL @ 2.0295
Time of trade to reach target: max 15 minutes
Exit @ 2.0295
Profit: 10 pips x $10/pip= $200

So I recover the lost day of yesterday.

Why did I enter on 2 pairs and not with 2 lots ?
Because there was a higher chance to wait more after only one pair than on both and this way if a pair goes against me I have the other pair as support and cover loss.

Anyway, as you can notice, my strategy gives signals for trades that last max 10-15 minutes, so stress is minimum :)

Thank you and see you soon.

13 March 2008

Divergence that can "kill" you ! Be smart, stay put !


Hello my friends,

I would like to get your attention with this, because it happens many times and many traders lose high amounts of money.

You have bellow 2 charts: EUR/USD and GBP/USD which formed a important divergence:



This scenario is very known to many of you and you will say "this is the time to enter short and catch a big move". Here I will say: "STOP" !
This is what the Big Guys want you to do, to waste your money in a hurry. Let other traders that don't know this kind of things to get fried :)

So, you can wait very simple for MACD to turn down and confirm with 4-5 bars the trend in that direction and tomorrow you can catch the profit from a fair signal.

Just be careful and let the price oscillate till it gets tired :D

Happy PIPpin' !

12 March 2008

GBP/JPY - SELL @ 206.72 - Exit + 10 pips profit

Hello again,
Here I am with some words for today's trade.

Because I have a life and I live it I can't be and I don't want to be 24/24 in front of the computer, so I miss many trades but that's not a problem, because I know market gives signals everyday and I will sure recover the following days.

So, here is the trade for today, maybe someone caught it:



This is a trade that not everyone should try. Why ? Because in this situation Spread counts all the time. GBP/JPY is a pair that is offered by many brokers at a 7-13 pips spread. In this situation if I had a 8 pips spread I would miss the exit, because the price went only 17 pips in the 4 minutes. Than the price went 25 pips Up, but not more than 10 pips above the high of entry bar, so that was a good time to stay in the market (This only if you had 8 or more pips spread.)

Many rookies or beginners or newbies choose the wrong Broker when they decide to trade Live in Forex, that's why some think that nothing is working. But, when you will try a broker that offers you a good spread you will discover the real power of Forex movements and 80-90% assured profit if you trade correctly.

So that was all for today. I will watch EUR/JPY because divergence formed alread.

Happy pippin' !

10 March 2008

EUR/USD @ 1.5363 SELL + 10 pips profit in 5 minutes

Hello my friends,

Today was a beautiful trading day. We had a great signal and a great profit

Here is the trade for today:



So, first signal was given by the 2 EMAs, crossing at 8.00AM GMT, then MACD turned down at the 2nd bar, price made a little retrace, %R indicator warned us about that so that was the perfect entry for out 10 pips/day.

Entry: 11.30AM GMT @ 1.5363 with 1 lot
Target: 1.5353
Time of trade: max 5 minutes
Profit: 10 pips x 10 USD/pip = $100 USD

I got the movement live and you can see it on my website or searching Youtube for "pipologist", the movie name is: EU-10-03-2008

This is all for today, I'm on my way to fitness, a healthy body has a healthy mind :D

04 March 2008

USD/JPY @ 103.16 SELL - Failure - Smart move

Hello again my friends,

I would like to share with you today a missed trade but from my perspective was a smart move.

Here is the chart and bellow it a small commentary about it:



Hour was 7.30AM GMT, proper time, good signal, MACD turned down, %R was above -80 level, I was ready to open a position at 103.16 for 10 pips, SL @ 103.42, BUT one thing didn't fit over there, and that is the movement didn't break the regression channel, so for me that's a sign there is a possibility to retrace a little (and for UY, EY or GY a little means at least 30 pps). And as you can see it moved back to 103.47 so would have eaten my stop loss going over it with 5 pips.

So I missed this trade, but I don't mind, I saved 10 pips. I'm sure there will be more soon. For example: EUR/USD and GBP/USD are ranging right now and I'm sure they will go somewhere soon, so I expect it to happen and if I'm there I will take my 10 pips of glory :)

Regards and happy pipin' :D

03 March 2008

USD/JPY @ 103.37 BUY + 10 pips profit in 5 minutes

Hello again,
I did it again, I catch the signal from USD/JPY at 3.30 PM GMT. Here is the trade:



Trade took 5 minutes to reach target. We are 10 pips in profit x $10 = another $100

So today's profit is made from $200 from previous trade + $100 from this one = $300

Thank you for reading and I will be back for sure tomorrow because now I'm going out to have soma Tchae :D

GBP/USD @ 1.9861 BUY + 10 pips x 2 lots Profit

Hello my friends,

Half hour ago we had a pretty good signal from GBP/USD and here is the trade:



BUY @ 1.9861, 2 lots, profit target: 1.9871
Time of trade to reach target: 5 Minutes
Target reached @ 1.9871
Profit: 10 pips x 2 lots = 10 pips x 10 usd per pip x 2 lots = $200 USD

Thank you, that was all for today. If more signals are triggered I will post here to update your feeds.

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.