Yosh!
If you guys realize, I have added my services section at the right side bar. There are two:
Forex Trading Personal Coaching
I have been trading for almost 4 years, and teaching for almost 1 year. I don't like to gather as much people as possible in one class because I don't think it will be a good environment to teach and learn. Imagine, when I say something to the crowd, then few people got confused, and start to ask questions, and others, who might understand what I said, can get irritated.
Doing personal coaching means in one class there will be only me and a student, or at most, two students. You can ask anything, we can have two-way conversation, a very relax, informal session and at some time, I might even teach something off syllabus which is depending on my discretion.
And by conducting the class like that, students can learn based on their capacity. If there are 15-30 students in one class, by hook or by crook, I need to finish the syllabus that day. But my way is different. If you think you have enough for today, we call it a day, and we can continue later. It is very rare, since usually I can finish the syllabus in one day. For younger students, they can absorb everything as fast as 2 hours and a half because they are quite fast in understanding what I'm teaching to them. Usually for adults and senior people, most of the times would take 5- 9 hours per session.
In the past few months, I don't really provide notes for students. You are the one who wants to learn, you jot down your stuff. No spoon feed or what so ever. If you really want to learn, show some initiatives.
But things are quite different now because I also teach online. I need to give my notes and what ever it is, I need the feedback. I need to know whether the student understand or not because they are not in front of me. Teaching in the class is different because I can see what my student is doing and I can correct him on the spot.
The fee is RM 400 for face-to-face class, including online support trough e-mail. If you come in pair, that would be RM 300 per person, which means the total is RM 600. For online class, the fee is RM 300. For online class, you can pay the fee in weekly installments or in some exceptions, monthly installments. Limited to online class only.
Please contact me for the syllabus.
Paid signals
You have seen my performance before, my trading ideas, now I'm selling the signals. Because of this service, there might be no more trading ideas in this blog, but I'm going to post the results. Or maybe I'm going to put risky trading ideas in here.
In my opinion, it is quite cheap, considering that one signal can earn you 10 to 100 pips. RM 10 for 10 signals - do the math.
And for the first timer, please to add RM 40 for guideline which include money and risk management. This is part of my personal coaching syllabus, so anyone who has joined my personal coaching, don't need to pay for this, because it will be given away for free.
That's all my services for the time being. I'm planning to add some more soon. Thank you for those who has subscribed and I welcome everybody to join. What you pay is the price, what you will get is value ;)
Thank you for visiting.
My Services o.O
Next Week's Trading Idea o.O
Yosh!
I have new trading idea for next week - short EUR/USD. Here's the chart:
Maybe I'll go short around 1.5800 - 1.5820, target profit can be up to 500 pips, stop loss is 300 pips.
By the way, I have added my services in the right side bar. If you are interested, you can contact me. And of course, because of that, from this point forward, I'm going to put less stuff in this blog. Come on, free stuff always like that o.O
That's all for today. Thank you for visiting.
Weekly Wrap o.O
Yosh!
The information below was copy-and-pasted from here:
Currencies:
Friday, the U.S. dollar edged lower against all major currencies, as weak U.S. economic data and higher oil prices added to investors' fears about U.S. growth. The University of Michigan revised consumer sentiment index for June fell to 56.3 from a previous reading of 56.7, while the price for Crude Oil for August delivery hit an intraday record high of $142.99 per barrel at the NYMEX.
The dollar index fell ~1% for the week to intraday low of 72.29; its lowest level since June 9th.
During Friday's afternoon session, the euro traded at $1.5770 per euro, from $1.5757 late Thursday. The euro strengthened 1.2% for the week versus the U.S. dollar as hawkish comments from the ECB President, Jean-Claude Trichet, signaled that a rate hike might be expected during next week's ECB meeting.
The pound sterling traded at $1.9941on Friday, from $1.9888 late Thursday, while the Japanese yen was at Y106.07, from 106.79 late Thursday.
Highlights: Switzerland
The dollar fell to its lowest level since June 9th versus the Swiss franc to 1.0192 francs per dollar, helped by news that Russia will increase the portion of the Swiss currency included in its monetary reserve. The Swiss franc has appreciated 10.10% year-to-date against the U.S. dollar.
If you are interested you can read more here.
Thank you for visiting.
My Trades on Wednesday o.O
Yosh!
My trades up for today:
Closed Trades:
GBP/USD sell @ 1.9665, close @ 1.9655 (10 pips)
GBP/USD sell @ 1.9675, close @ 1.9665 (10 pips)
EUR/JPY sell @ 168.30, close @ 168.10 (20 pips)
EUR/JPY sell @ 168.20, close @ 168.10 (10 pips)
EUR/JPY sell @ 168.10, close @ 168.00 (10 pips)
EUR/JPY sell @ 168.00, close @ 167.90 (10 pips)
EUR/JPY sell @ 167.90, close @ 167.80 (10 pips)
Total pips for June: 2640 pips
Target: 3500 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
AUD/USD sell @ 0.9580
Gold buy @ 879.00
Bad Trades
EUR/USD sell @ 1.5560
EUR/USD sell @ 1.5550
GBP/USD sell @ 1.9695
GBP/USD sell @ 1.9685
AUD/USD sell @ 0.9550
AUD/USD sell @ 0.9540
AUD/USD sell @ 0.9530
AUD/USD sell @ 0.9520
AUD/USD sell @ 0.9510
AUD/USD sell @ 0.9500
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
EUR/JPY sell @ 167.90
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
So many junk trades in AUD/USD, luckily trades in EUR/JPY hit their TPs yesterday.
That's all for today, thank you for visiting :)
My Trades on Monday o.O
Yosh!
What a day today! Gold went down like $20 and luckily I didn't have any pending order there. I manage to buy at 880.00 and 879.00 :)
Closed Trades:
GBP/USD sell @ 1.9760, close @ 1.9660 (100 pips)
GBP/USD sell @ 1.9655, close @ 1.9645 (10 pips)
Gold buy @ 880.00, close @ 881.00
Total pips for June: 2560 pips
Target: 3500 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
GBP/USD sell @ 1.9665
AUD/USD sell @ 0.9560
AUD/USD sell @ 0.9550
AUD/USD sell @ 0.9540
AUD/USD sell @ 0.9530
AUD/USD sell @ 0.9520
AUD/USD sell @ 0.9510
AUD/USD sell @ 0.9500
EUR/JPY sell @ 168.10
EUR/JPY sell @ 168.00
EUR/JPY sell @ 167.90
Gold buy @ 879.00
Bad Trades
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
Right now, I'm lowering my targets for each position since I have increased the number of lots (I'm focusing on the money). In example, let say, previously each position I opened with 0.1 lot, if I want $100, that means I need to get 100 pips, but if later, I opened with 1 lot, if I want $100, I need to get 10 pips only. This also will reduce the risk as my money don't float in the market for a long period of time.
I love compounding $_$
That's all for today, thank you for visiting :)
Weekly Wrap and Trading the Month Ahead o.O
Yosh!
The information below was copy-and-pasted from here.
Currencies: Friday, the U.S. dollar depreciated across the board, as Moody’s Investment Service’s downgraded MBIA (MBI) and Ambac Financial Group (ABK) top insurance ratings, reigniting investors’ concerns over the health of the U.S. financial sector. Next week’s Federal Reserve interest rate-setting meeting will provide further insight into the near-term direction of the monetary policy in the United States.
- The dollar index fell 1.51% for the week to 73.03, or its largest weekly decline since March 28.
- Friday afternoon in New York, the euro traded at $1.5626 per euro, from $1.5502 late Thursday. The euro gained momentum against the greenback during Friday’s session as German producer price inflation rose to its highest level since July 2006, mostly due to a sharp increase in energy prices, according to a Federal Statistic data report. Inflation in the euro zone remains a concern for investors, after it hit a record 3.7% in May.
- The pound sterling traded at $1.9747 per pound, from $1.9721 late Thursday. The pound sterling appreciated 1.48% for the week against the U.S. dollar, helped by retail sales figures released on Thursday showing a 3.5% increase in May from April; the fastest growth rate since records began in 1986.
- During Friday’s afternoon trading session, the U.S. dollar traded against the yen at Y107.26 from Y108.05 late Thursday, while the dollar traded at 1.0341 Swiss francs, from 1.0451 francs late Thursday. The Swiss National Bank decided on Thursday to keep interest rates at 2.75%.
- Highlights: Thailand
Americans thinking of traveling this summer may want to consider Thailand as a vacation destination. The U.S. dollar has strengthened nearly 13% year-to-date against Thailand's baht with one dollar purchasing 33.510 bahts.
JULY'S TRADING LIST:
I have done my homework for next month, so I think I want to:
BUY
USD/JPY @ 104.00
USD/CAD @ 0.9940
USD/CHF @ 1.0300
Gold @ 890.00
Silver @ 16.50
SELL
EUR/USD @ 1.5800
GBP/USD @ 1.9750
NZD/USD @ 0.7800
AUD/USD @ 0.9580
For GBP/USD I opened the positions yesterday, for others, I'll be waiting in July.
That's all for today. Thank you for visiting :)
Cleaning Up the Playground $_$
Yosh!
Next week going to be last week of June (even though June 30th is in the week after that) so I'm going to spend the time to clean up my playground and prepare for July.
So my strategy is to let my positions exit the market with low target profit and if there's any trading opportunities I'm going to open low risk positions - positions with 0.1 lot. There is always trading opportunities in forex and some of them are irresistible ($_$), I don't want to miss that so I'm going to play safe.
Right now I can get headache looking at all of my positions - messy, good and bad trades are here and there. I'm going to cash in the profit and plan for next month. I might maintain current strategy and money and risk management for next month, maybe I won't. It depends on my mood. But the most important right now, get the cash.
For frequent visitors, you may want to follow my trades, but bear in mind, what ever happen, trade at your own risk.
Thank you for visiting :)
UPDATE:
EUR/USD sell @ 1.5540, close @ 1.5502 (38 pips)
USD/CAD sell @ 1.0210, close @ 1.0156 (54 pips)
NZD/USD buy @ 0.7590, close @ 0.7616 (26 pips)
Gold buy @ 867, close @ 897.15
Silver buy @ 16.40, close @ 17.34
GBP/USD sell @ 1.9730, close @ 1.9710 (20 pips)
GBP/USD sell @ 1.9720, close @ 1.9710 (10 pips)
USD/JPY sell @ 108.00, close @ 107.80 (20 pips)
USD/JPY sell @ 107.90, close @ 107.80 (10 pips)
Total: 178 pips (8 pips will be discounted in total pips)
Total pips for June: 2760 pips
Target: 3500 pips
That's all for the time being. Thank you for visiting.
UPDATE:
More close trades:
USD/CHF sell @ 1.0470, close @ 1.0356 (114 pips)
USD/CHF sell @ 1.0380, close @ 1.0356 (24 pips)
USD/CHF sell @ 1.0366, close @ 1.0356 (10 pips)
Total: 148 pips (8 pips will be discounted in total pips)
Total pips for June: 2900 pips
Target: 3500 pips
That's all for the time being. Thank you for visiting :)
My Trades on Thursday o.O
Yosh!
Below are my trades for today:
Closed Trades:
GBP/USD buy @ 1.9480, close @ 1.9590 (110 pips)
USD/JPY sell @ 107.80, close @ 107.68 (12 pips)
USD/JPY sell @ 107.78, close @ 107.68 (10 pips)
GBP/USD buy @ 1.9610 close @ 1.9620 (10 pips)
Total pips for June: 2450 pips
Target: 3500 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
USD/CHF sell @ 1.0366
USD/CAD sell @ 1.0210
USD/JPY sell @ 107.90
EUR/JPY sell @ 167.90
Gold buy @ 867.00
Silver buy @ 16.40
Bad Trades:
EUR/USD sell @ 1.5540
EUR/USD sell @ 1.5550
GBP/USD buy @ 1.9600
NZD/USD buy @ 0.7600
NZD/USD buy @ 0.7590
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
That's all for the time being. Thank you for visiting.
UPDATE:
Below are my trades up to 12 a.m.
Closed Trades:
EUR/USD sell @ 1.5530, close @ 1.5520 (10 pips)
NZD/USD buy @ 0.7600, close @ 0.7610 (10 pips)
GBP/USD buy @ 1.9600, close @ 1.9720 (120 pips)
Total pips for June: 2590 pips
Target: 3500 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
EUR/USD sell @ 1.5540
NZD/USD buy @0.7590
USD/CHF sell @ 1.0470
USD/CAD sell @ 1.0210
EUR/JPY sell @ 167.90
Gold buy @ 867.00
Silver buy @ 16.40
Bad Trades:
GBP/USD sell @ 1.9730
GBP/USD sell @ 1.9720
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
USD/CHF sell @ 1.0366
USD/CHF sell @ 1.0380
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
USD/JPY sell @ 108.00
USD/JPY sell @ 107.90
As usual, end of week, lotsa bad trades. Looking forward for next week to see what will happen. And I love compounding $_$
That's all for today, thank you for visiting.
My Trades on Wednesday o.O
Yosh!
Below are my trades for today:
Closed Trades:
EUR/USD sell @ 1.5510, close @ 1.5500 (10 pips)
USD/CAD sell @ 1.0200, close @ 1.0180 (20 pips)
USD/CAD sell @ 1.0190, close @ 1.0180 (10 pips)
USD/CAD sell @ 1.0190, close @ 1.0180 (10 pips)
Total pips for June: 2310 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
EUR/USD sell @ 1.5520
GBP/USD buy @ 1.9480
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
EUR/JPY sell @ 167.80
Gold buy @ 867.00
Silver buy @ 16.40
Bad Trades:
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
That's all for the time being. I'll update later after midnight. Thank you for visiting.
UPDATE:
My trades up to 12 a.m.:
Closed Trades:
EUR/USD sell @ 1.5520, close @ 1.5510 (10 pips)
EUR/JPY sell @ 167.80, close @ 167.70 (10 pips)
USD/CAD sell @ 1.0200, close @ 1.0190 (10 pips)
USD/CAD sell @ 1.0200, close @ 1.0190 (10 pips)
Total pips for June: 2350 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
EUR/USD sell @ 1.5530
GBP/USD buy @ 1.9480
USD/CAD sell @ 1.0210
EUR/JPY sell @ 167.90
Gold buy @ 867.00
Silver buy @ 16.40
Bad Trades:
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
I'm reducing my target profit because I'm increasing the quantity of lots in each positions. I focus more on the money now instead of quantity of pips.
That's all for Wednesday. Thank you for visiting :)
My Trades on Tuesday o.O
Yosh!
Below are my trades for today:
Closed Trades:
none
Total pips for June: 2240 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
Gold buy @ 867.00
Silver buy @ 16.40
EUR/JPY sell @ 167.80
Bad Trades:
EUR/USD sell @ 1.5510
EUR/USD sell @ 1.5500
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0190
USD/CAD sell @ 1.0190
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
That's all for the time being. Thank you for visiting.
UPDATE:
Closed Trades:
EUR/USD sell @ 1.5500, close @ 1.5490 (10 pips)
GBP/USD buy @ 1.9490, close @ 1.9500 (10 pips)
Total pips for June: 2260 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
GBP/USD buy @ 1.9480
EUR/JPY sell @ 167.80
Gold buy @ 867.00
Silver buy @ 16.40
Bad Trades:
EUR/USD sell @ 1.5520
EUR/USD sell @ 1.5510
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0190
USD/CAD sell @ 1.0190
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
That's all for Tuesday, thank you for visiting.
My Trades on Monday o.O
Yosh!
Below are my trades, up to 1 a.m.
Closed Trades:
EUR/USD sell @ 1.5460, close @ 1.5360 (100 pips)
AUD/USD sell @ 0.9510, close @ 0.9410 (100 pips)
Gold buy @ 868.00, close @ 878.00
Silver buy @ 17.10, close @ 17.30
Silver buy @ 17.00, close @ 17.30
Silver buy @ 16.50, close @ 17.30
Total pips for June: 2240 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
Gold buy @ 867.00
Silver buy @ 16.40
Bad Trades:
AUD/USD sell @ 0.9410
AUD/USD sell @ 0.9400
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0190
USD/CAD sell @ 1.0190
EUR/JPY sell @ 166.90
EUR/JPY sell @ 166.75
I was targeting 300 pips AUD/USD and 400 pips for EUR/USD but I changed my mind. Better I take what ever profit I have right now off the table and reenter the market with same direction. For EUR/JPY there is a gap in H4 chart and I'm expecting the gap will close by the end of this week or next week.
That's all for today. Thank you for visiting.
Weekly Wrap and Trading the Week Ahead
Yosh!
Information below was copy-and-pasted from here:
Commodities:
Crude Oil has pulled back 2.66% for the week, and is off 2.7% from its record close price of $138.54/barrel reached on 6/6, as agencies like EIA are predicting lower levels of demand in industrialized countries like the U.S. and are expecting the U.S oil demand to contract by 2.5% for 2008 due to the rising prices of petroleum.
**AAA‘s fuel gauge reported a new record in the national average price of regular gasoline as it reached $4.066gallon on 6/13.
**According to AAA, Diesel also rose slightly to a new record of $4.796/gallon on 6/13.
Currencies:
The dollar strengthened for the week on a rising CPI and expectations of future rate hikes, as the US Dollar Index moved up 2.38% for the week.
On late Friday afternoon, the dollar traded at 1.0487 CHF or higher by 3% for the week, as the dollar gained against European currencies including the swiss franc, and the euro on Ireland’s rejection of the European Union’s Reform.
The euro fell to its lowest level since early May, trading as low as $1.5307per euro late Friday.
The greenback gained 1.1% against the pound sterling this week as well.
For the week, the Dollar rose 3.04% versus the yen, while the dollar hit a daily high of 108.38 yen, marking a near fourth month high for the dollar against the yen.
You can read more here.
I have no new trading idea(s) for the time being. Thank you for visiting.
My Trades on Friday o.O
Yosh!
Below are my trades today:
Closed Trades:
EUR/USD sell @ 1.5440, close @ 1.5430 (10 pips)
EUR/USD sell @ 1.5450, close @ 1.5440 (10 pips)
Total pips for June: 2040 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
AUD/USD sell @ 0.9510
EUR/USD sell @ 1.5460
Gold buy @ 868.00
Gold buy @ 867.00
Silver buy @ 16.50
Silver buy @ 16.40
p/s: I have few positions with the same price.
Bad Trades:
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0190
USD/CAD sell @ 1.0190
Silver buy @ 17.10
Silver buy @ 17.00
That's all for the time being. Thank you for visiting.
UPDATE:
My trades up to 2 a.m. - No changes since last update.
My Trades on Thursday o.O
Yosh!
Below are my trades today:
Closed Trades:
AUD/USD sell @ 0.9510, close @ 0.9410 (100 pips)
Total pips for June: 1710 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
NZD/USD sell @ 0.7800
AUD/USD sell @ 0.9510
Gold buy @ 868.00
p/s: I have few positions with the same price.
Bad Trades:
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0190
USD/CAD sell @ 1.0190
Silver buy @ 17.10
Silver buy @ 17.00
That's all for the time being. Thank you for visiting.
UPDATE:
An update before US market open:
Closed Trades:
NZD/USD sell @ 0.7800, close @ 0.9500 (300 pips)
Total pips for June: 2010 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
AUD/USD sell @ 0.9510
Gold buy @ 868.00
Bad Trades:
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0190
USD/CAD sell @ 1.0190
Silver buy @ 17.10
Silver buy @ 17.00
I have reached my target for this week (1000 pips a week, and this is the second week of June), so I can give some time for the bad trades to work out and maybe will open a few low risk positions.
That's all for the time being. Thank you for visiting.
UPDATE:
Closed Trades:
EUR/USD sell @ 1.5430, close @ 1.5420 (10 pips)
Total pips for June: 2020 pips
Target: 4000 pips
Note:
Pips count does not include Gold and Silver trades and quantity of lots is ignored.
Good Trades:
AUD/USD sell @ 0.9510
EUR/USD sell @ 1.5440
Silver buy @ 16.40
Bad Trades:
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0200
USD/CAD sell @ 1.0190
USD/CAD sell @ 1.0190
Gold buy @ 868.00
Gold buy @ 867.00
Silver buy @ 17.10
Silver buy @ 17.00
Silver buy @ 16.50
Woa, so many bad trades. I'm expecting by next week most of them will hit their TPs. I'm done for this week. Thank you for visiting.
My Trades on Wednesday o.O
Yosh!
Sorry for the late update. No changes since last midnight:
Closed Trades:
None
Total pips for June: 1610 pips
Target: 4000 pips
Note:
Pips count does not include:
1. Small profits in previous 2 weeks (below 20 pips) - from this point forward it will be included.
2. Gold and Silver trades
and quantity of lots is ignored.
Good Trades:
NZD/USD sell @ 0.7800
AUD/USD sell @ 0.9510
AUD/USD sell @ 0.9510
Gold buy @ 869.00
Gold buy @ 869.00
Gold buy @ 868.00
p/s: I have few positions with the same price.
Bad Trades:
Silver buy @ 17.10
Silver buy @ 17.00
As requested, I put the chart for new trade (short AUD/USD) yesterday:
Went short yesterday after a new candlestick open below the trend line. I'm expecting 300 pips from this. As you can see I also have a pending order (sell limit) 10 pips above the floating position, just in case, I have the opportunity to sell at a better price (10 pips better). If it is triggered, then I'll close the first position with 10 pips in profit. Current open positions:
AUD/USD sell @ 0.9510, TP 100 pips, SL 600 pips
AUD/USD sell @ 0.9510, TP 300 pips, SL 600 pips
That's all for today, thank you for visiting.
UPDATE:
My trades up to 12 a.m.:
Closed Trades:
USD/CAD sell @ 1.0176, close @ 1.0165 (11 pips - 1 pip will be discounted in pips count)
Gold buy @ 869.00, close @ 879.00
Gold buy @ 869.00, close @ 879.00
Total pips for June: 1620 pips
Target: 4000 pips
Note:
Pips count does not include:
1. Small profits in previous 2 weeks (below 20 pips) - from this point forward it will be included.
2. Gold and Silver trades
and quantity of lots is ignored.
Good Trades:
NZD/USD sell @ 0.7800
AUD/USD sell @ 0.9510
AUD/USD sell @ 0.9510
USD/CAD sell @ 1.0190
USD/CAD sell @ 1.0190
Gold buy @ 868.00
p/s: I have few positions with the same price.
Bad Trades:
Silver buy @ 17.10
Silver buy @ 17.00
USD seems to be weak tonight, I hope this will continue and I'm looking forward to buy some next week - short EUR/USD, GBP/USD, AUD/USD, NZD/USD and long USD/JPY, USD/CAD, and USD/CHF.
That's all for today. Thank you for visiting.
My Trades on Tuesday o.O
Yosh!
I think I'm going take the money off the table - I wanna close and cash in my trades and start a new ball game, even though right now I'm having 2 bad trades in USD/CHF and 2 in Silver :) From this point forward, I'll try to update as detail as possible all my trades in here.
Closed Trades:
GBP/JPY buy @ 206.50, close @ 209.50 (300 pips)
EUR/JPY buy @ 165.30, close @ 166.30 (100 pips)
EUR/USD sell @ 1.5820, close @ 1.5620 (200 pips)
AUD/USD sell @ 0.9610, close @ 0.9480 (130 pips)
USD/CAD buy @ 0.9940, close @ 1.0240 (300 pips)
Total: 1030 pips
Good Trades:
GBP/USD sell @ 1.9790
NZD/USD sell @ 0.7800
USD/JPY buy @ 103.90
USD/CHF buy @ 1.0180
Gold buy @ 869.00
Bad Trades:
USD/CHF buy @ 1.0330
USD/CHF buy @ 1.0320
Silver buy @ 17.15
Silver buy @ 17.10
New Trade:
AUD/USD sell @ 0.9485, target profit is 300 pips
I'll update this entry tonight. Thank you for visiting.
UPDATE:
Still early here, not night yet, but never mind.
Closed Trades:
GBP/USD sell @ 1.9790, close @ 1.9690 (100 pips)
USD/CHF buy @ 1.0180, close @ 1.0340 (160 pips)
USD/JPY buy @ 103.90, close @ 106.90 (300 pips)
AUD/USD sell @ 0.9485, close @ 0.9475 (10 pips)
Total pips for June: 1600 pips
Target: 4000 pips
Note:
Pips count does not include:
1. Small profits in previous 2 weeks (below 20 pips) - from this point forward it will be included.
2. Gold and Silver trades
and quantity of lots is ignored.
Good Trades:
NZD/USD sell @ 0.7800
AUD/USD sell @ 0.9500
Gold buy @ 869.00
Bad Trades:
Silver buy @ 17.15
Silver buy @ 17.10
I'll update some more later tonight. Thank you for visiting :)
UPDATE:
My trades, up to 12 a.m.
Closed Trades:
AUD/USD sell @ 0.9500, close @ 0.9490 (10 pips)
Total pips for June: 1610 pips
Target: 4000 pips
Note:
Pips count does not include:
1. Small profits in previous 2 weeks (below 20 pips) - from this point forward it will be included.
2. Gold and Silver trades
and quantity of lots is ignored.
Good Trades:
NZD/USD sell @ 0.7800
AUD/USD sell @ 0.9510
AUD/USD sell @ 0.9510
Gold buy @ 869.00
Gold buy @ 869.00
Gold buy @ 868.00
p/s: I have few positions with the same price.
Bad Trades:
Silver buy @ 17.10
Silver buy @ 17.00
That's all for today, thank you for visiting.
My Trades on Monday o.O
Yosh!
Below are my trades during Asian session:
Good Trades:
EUR/USD sell @ 1.5810
GBP/USD sell @ 1.9790
NZD/USD sell @ 0.7800
USD/JPY buy @ 103.90
USD/CAD buy @ 0.9940
GBP/JPY buy @ 206.50
EUR/JPY buy @ 165.30
Gold buy @ 869.00
Silver buy @ 17.15
Bad Trades:
AUD/USD sell @ 0.9610
AUD/USD sell @ 0.9600
USD/CHF buy @ 1.0210
USD/CHF buy @ 1.0220
USD/CHF buy @ 1.0320
USD/CHF buy @ 1.0330
GBP/JPY buy @ 207.50
GBP/JPY buy @ 207.60
I've put everything in my trading list in my game. I want to wait for the bad trades to hit their targets before moving to the next phase.
That's all for the time being. I'll update my trades later tonight. Thank you for visiting :)
UPDATE:
Final trades on Monday:
Good Trades:
EUR/USD sell @ 1.5820
GBP/USD sell @ 1.9790
AUD/USD sell @ 0.9610
NZD/USD sell @ 0.7800
USD/JPY buy @ 103.90
USD/CHF buy @ 1.0180
USD/CAD buy @ 0.9940
GBP/JPY buy @ 206.50
EUR/JPY buy @ 165.30
Gold buy @ 869.00
Silver buy @ 17.15
Bad Trades:
USD/CHF buy @ 1.0330
USD/CHF buy @ 1.0320
That's all for today. Need to wait for bad trades to hit their targets before I move go next phase.
Weekly Wrap and Trading the Week Ahead
Yosh!
Informations below were copy-and-pasted from here:
Commodities:
Crude Oil swung upward by more than $11 on Friday, a record one-day move, as it hit an all-time high intraday record of $139.12/barrel, on a weaker dollar, tensions from the Middle East, and reports from Morgan Stanley calling for oil to hit $150/barrel by July 4th. July contracts managed to finish up 8.79% for the week as crude settled at a new record $138.54/barrel.
Currencies:
The dollar declined across the board on Friday as crude oil prices soared over $11 / bbl to $139.12/bbl for an intraday high and the unemployment rate increased for its fifth straight month, adding uncertainty to whether the Federal Reserve will hike interest rates in the near future.
Friday afternoon in New York, the euro rose over 1% to $1.5761 per euro, from $1.5588 late Thursday. The dollar decline on Thursday versus the euro came after comments from ECB President Trichet, which suggested that the European Central Bank might increase interest rates next month.
Against the Japanese yen, the greenback traded at Y105.15 per U.S. dollar on Friday from Y105.93 late Thursday, while the pound sterling was at $1.9704 per pound from $1.9582 late Thursday.The dollar index fell to a two-week low reading of 72.40 on Friday.
Highlight: Switzerland - During Friday afternoon trading, the U.S. dollar fell approximately 1.73% against the Swiss franc to 1.0202 francs per U.S. dollar, or its lowest levels since April 24, 2008, as reports from the Swiss Institute Business Cycle Research downward revised the forecasted growth for Switzerland this year to 2% from 2.1%. The Swiss franc has appreciated 9.96% year-to-date against the U.S. dollar.
You can read more here.
And my trades, after the market is closed:
Good Trades:
EUR/USD sell @ 1.5810
GBP/USD sell @ 1.9790
NZD/USD sell @ 0.7800
USD/JPY buy @ 103.90
USD/CAD buy @ 0.9940
Gold buy @ 869.00
Silver buy @ 17.15
Bad Trades:
AUD/USD sell @ 0.9610
AUD/USD sell @ 0.9600
USD/CHF buy @ 1.0330
USD/CHF buy @ 1.0320
USD/CHF buy @ 1.0220
USD/CHF buy @ 1.0210
GBP/JPY buy @ 207.60
GBP/JPY buy @ 207.50
Woa, so many bad trades because of NFP and oil yesterday. I can't wait for Monday :)
My Trades on Friday o.O
Yosh!
Below are my trades for today:
Good Trades:
EUR/USD sell @ 1.5810
GBP/USD sell @ 1.9790
NZD/USD sell @ 0.7800
USD/JPY buy @ 103.90
USD/CHF buy @ 1.0330
USD/CAD buy @ 0.9940
Gold buy @ 869.00
Silver buy @ 17.15
Bad Trades:
AUD/USD sell @ 0.9600
AUD/USD sell @ 0.9590
That's all for the time being. I'll update later tonight.
My Trades on Thursday o.O
Yosh!
Below are my trades for today:
Good Trades:
EUR/USD sell @ 1.5810
GBP/USD sell @ 1.9790
AUD/USD sell @ 0.9590
NZD/USD sell @ 0.7800
USD/JPY buy @ 103.90
USD/CHF buy @ 1.0330
USD/CAD buy @ 0.9940
Bad Trades:
Gold buy @ 878.00
Gold buy @ 877.00
Finally NZD/USD went down earlier this morning. I've waited for since last week for that!
That's all for the time being. I'll update this entry tonight.
UPDATE:
Final trades on Thursday:
Good Trades:
EUR/USD sell @ 1.5810
GBP/USD sell @ 1.9790
AUD/USD sell @ 0.9590
NZD/USD sell @ 0.7800
USD/JPY buy @ 103.90
USD/CHF buy @ 1.0330
USD/CAD buy @ 0.9940
Gold buy @ 869.00
Bad Trades:
None!
If no bad trades tomorrow I'm considering to go long on Silver.
That's all on Thursday. Thank you for visiting :)
My Trades on Wednesday o.O
Yosh!
Below are my trades this morning. No changes since last night:
Good Trades:
EUR/USD sell @ 1.5810
GBP/USD sell @ 1.9790
AUD/USD sell @ 0.9580
USD/JPY buy @ 103.90
USD/CHF buy @ 1.0330
USD/CAD buy @ 0. 9940
Bad Trades:
NZD/USD sell @ 0.7800
NZD/USD sell @ 0.7790
Besides trading my account, I also trade other accounts, actually they are old accounts with low balance. I'm so bored so I think I'm going to revive the accounts.
Operation Flizzoe I
Balance: $ 10.70
Operation Flizzoe II (this is my first account in Marketiva)
Balance: $ 1.43
We'll see what I can do with that. Will update weekly (daily if I want to). That's all for today. Thank you for visiting.
UPDATE:
Yosh!
Trading idea for you guys:
If the price break the upper trend line, then go long USD/CHF, if it breaks the lower trend line, wait for a while and buy around 1.0200 ;)
Target profit and stop loss depends on your discretion.
My final trades on Wednesday:
Good Trades:
EUR/USD sell @ 1.5810
GBP/USD sell @ 1.9790
USD/CAD buy @ 0.9940
USD/CHF buy @ 1.0330
USD/JPY buy @ 103.90
Bad Trades:
AUD/USD sell @ 0.9590
AUD/USD sell @ 0.9580
NZD/USD sell @ 0.7800
NZD/USD sell @ 0.7790
That's all for today. We'll see what will happen on Thursday. Thank you for visiting.
My Trades on Tuesday o.O
Yosh!
My trades today, added new position:
Good Trades:
EUR/USD sell @ 1.5810
USD/JPY buy @ 104.00
GBP/USD sell @ 1.9790
AUD/USD sell @ 0.9570
USD/CAD buy @ 0.9940
USD/CHF buy @ 1.0340
Bad Trades:
USD/CHF buy @ 1.0435
USD/CHF buy @ 1.0445
NZD/USD sell @ 0.7800
NZD/USD sell @ 0.7790
I'll update more on this tonight :)
UPDATE:
Yosh!
Ben Bernanke has signaled that most probably the interest rate won't be cut as it is "well positioned'' for an economy facing both price pressures and threats to growth and the Fed "have eased monetary policy substantially and proactively". Short interpretation - USD is getting better than before and it is good for me since I'm a USD bull (and Japanese Yen bear).
Final trades for Tuesday (until 12 a.m.):
Good Trades:
EUR/USD sell @ 1.5810
GBP/USD sell @ 1.9790
AUD/USD sell @ 0.9580
USD/JPY buy @ 103.90
USD/CHF buy @ 1.0330
USD/CAD buy @ 0. 9940
Bad Trades:
NZD/USD sell @ 0.7800
NZD/USD sell @ 0.7790
That's all for Tuesday. We'll see what will happen on Wednesday. Thank you for visiting :)
My Trades on Monday o.O
Yosh!
First, since most of you guys, based on the poll result at the right sidebar, want to have more forex content in this blog, I change the title and continue writing about forex.
Second, my trades today, here's what I have in my game:
Good Trades:
EUR/USD sell @ 1.5810
USD/JPY buy @ 104.00
GBP/USD sell @ 1.9790
AUD/USD sell @ 0.9570
USD/CAD buy @ 0.9940
Bad Trades:
USD/CHF buy @ 1.0435
USD/CHF buy @ 1.0445
NZD/USD sell @ 0.7800
NZD/USD sell @ 0.7790
That's all for the time being, I'll update this entry tonight ;)
UPDATE
Yosh!
There's no changes in my trades. So what I said earlier (above) still have in my game.
See you tomorrow ;)
Admitting Your Own Mistake ;)
Yosh!
Yeah, this is the second post of the day. I wanna share with you guys, that even a good and well established traders, make mistakes.
The different between amateurs and pros is, the amateurs tend to blame the market, but the pros, admit that they are not perfect and make mistakes.
Moreover, pro traders learn which part they did wrong, so in the future, the will try their best to prevent or at least reduce the losses. So in the long run, the are actually improving their skills and become a much better trader.
In addition, they also have confident in their skills and trades. Everybody suffer losses, but the question is, what will you do in order to stay in the game? All these things differentiate between an amateur and a pro trader.
Look at this example: http://www.cnbc.com/id/24892802
What ever it is, bear in mind, repeating mistakes means stupidity, repeating the same action but expecting different results means insanity.
Thank you for visiting. Good luck in your trading :)
Weekly Wrap and Trading the Week Ahead
Yosh!
Information below are copy-and-paste from here:
Currencies:
For the week, the U.S. dollar strengthened against the euro, Japanese yen, and pound sterling; as crude oil prices retracted from a record intraday price of $135.09 per barrel last week.
- The dollar index rose 1.38% for the week.
- Friday afternoon in New York, the euro traded at $1.5560 per U.S. dollar, from $1.5520 late Thursday. The euro gained momentum against the greenback during Friday’s session on the news of consumer sentiment in the U.S. dipping to a 28-year low while one-year inflation expectations rose to 5.2% from 4.8% in April.
- During Friday afternoon trading session, the U.S. dollar traded at Y105.40 from Y105.49 late Thursday, while the pound sterling was at $1.9794 from $1.9765 late Thursday.
- Highlights: China
-Ahead of the Olympics games in Beijing this August, travelers in the U.S. might be affected by the strengthening Chinese currency. The Chinese yuan has appreciated 9.21% in the past year against the greenback, with one dollar purchasing 6.9420 yuan on Friday, from 7.6471 yuan a year ago.
Since I'm a USD Bull (don't tell me you don't understand it, ok ok, that means, I love to buy USD), my trading idea is simple:
Buy:
USD/CHF
USD/JPY
USD/CAD
Sell:
EUR/USD
GBP/USD
NZD/USD
AUD/USD
But still, need to look at the chart to get the entry ;)
That's all for today, I'll update this blog tomorrow or on Tuesday. Thank you for visiting.