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:



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 :)

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' !

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' !

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.

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' !

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.

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 :)

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' !

GBP/USD @ 1.9991 SELL + 10 pips x 2 lots Profit in 10 minutes

Hello my friends,

Today was a extraordinary day for trading, specially for me or for my strategy.

Here is the chart (excellent sample for retrace and continuation of a mini-trend):



Signals:
2 EMAs crossed at 10.30 GMT
MACD turned down at 11.00 GMT
W%R retraced as I expected

Entry: SELL @ 1.9991 with 2 lots
Target: 1.9981
Stop Loss: 2.0003 (0 pips spread)
Time of trade: 10 minutes
Target reached: 1.9981

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

So, another $200 for today, thanks to GBP/USD.

I will get back later today to explain how long to stay in a trade and when to exit (I will refer to EUR/USD chart from today and what happened at 6.00AM GMT

Happy PIPpin' !

CAD/JPY - SELL @ 98.21 / 10 pips profit x 2 lots

Hello my friends,

Today was a choppy day but a favorable one for my strategy.

Here is the chart:



Signals:
2 EMAs crossed at 12.00PM GMT
MACD turned down at 13.00 GMT
At 13.30 GMT W%R retraced above -80 level
Price under the 2 EMAs
Perfect signal !

Entry: SELL 2 lots @ 98.21
SL: 98.39 (high of closing bar) + 10 pips + 1 spread = 98.50
Exit: 98.11 (both lots)
Time of trade: 25-30 minutes (longer than I expected but profit is profit :) )

So today's profit: 10 pips x 2 lots x $10/pip = $200

That's all for today, see you tomorrow.

Happy PIPpin' !