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Please refer to the forex technical analysis of the opened trade HERE. This GBP/USD trade was closed with a profit of 210 pips in a total of 5 hours of waiting today! I shifted my target profit to just above the S2 level when the price came close to S1 level. Of course, my risk to reward ratio changed to 1:6: 35 pips stop loss, 210 pips target profit.

At 08:00 GMT, this trade was triggered by my profit target at the price 1.4540. And I achieved a risk to reward ratio of the planned 1:5 for this trade. After the 08:00 GMT, some candles were supported by the daily S2 level and then the price bounced off that level. This showed that the pivot points once again had shown it’s accuracy~

So if you would like to spot this kind of trading opportunity, please download my F.R.E.E forex ebook which consist of my forex trading system, indicators and the forex newsletter that I send out every week! Enjoy and have a profitable trading for the week ahead…and I’m still working on my going-to-launch forex system.

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This is the first week of December and also my first trade in forex trading this month. The currency pair GBP/USD is still on a downtrend amit recession for the U.K. looms deeper. This pair have not tested the lowest point yet and there are still room for depreciating further.

GBP/USD was one of the most trendy pair in my chart this afternoon, with GBP/JPY almost on par. I was out for some discussions with my friends, and therefore traded this pair using my laptop. Hope you won’t find the chart hard to read as it was too wide. With the Weekly and Daily Pivot both above the price, we can see the past few candles have been strongly resisted by the daily pivot point.

The 23MA is almost the same level as daily pivot point, made it higher possibility that price will go down. Moreover, the stochastic and MACD is down too. So I shorted the pair at 04:46 GMT at the price of 1.4750, with stop loss 35 pips, target profit 70 pips, therefore a risk to reward ratio of 1:2. Not too convinced that this pair will go too much beyond S1 level, thus had the target profit just above S1. Traders let me know what’s your comments on this trade. Let’s see what will happen to the result of this trade.

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For the Forex Trading technical analysis of my previously opened trade please refer to it HERE. This GBP/JPY trade was closed with a profit of 250 pips! I was considered quite lucky not be be stopped out by the 12:00 GMT candle. I did not adjust my stop loss to break even as I was giving this pair more room for fluctuation. This trade actually took quite long before results were seen. I adjusted my profit target to just above the daily S2 level after the 13:00 GMT candle showed bearish signal.

At 14:00 GMT, this trade was triggered by my profit target and I’m quite satisfied with the profits. I achieved a risk to reward ratio of around 1:7 for this trade, with an initial stop loss of 35 pips. After the 14:00 GMT, the price did bounced off the S2 level and then resisted off the S1 level to continue downtrend to 137.65. Though I missed the rest of the pips after my trade had closed, I still considered this trade quite profitable given the choppy markets for the past week.

So if you would like to give yourself a chance to trade like me, please download my F.R.E.E forex ebook which consist of my forex trading system, indicators and the forex newsletter that I sent out every week! Enjoy and have a profitable trading for the week ahead…and I have to continue to work very hard on the forex trading system that I’m going to launch…:)

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This is my 1st trade of the month because as you all know, I’m busy developing my new forex trading product and other stuffs, so can’t find much time to trade and post it to my trading blog. Anyway, most of the currency pairs have been ranging the past few days and there wasn’t a real trend to trade for me. So what about you? Did you find any good opportunities to trade? Please share with me I decided to take on this GBP/JPY pair because it was one of the most trendy, and of course with the asian markets extending the global route, bringing bearish to the pair.

I opened my position at 142.45 as the indicators on my charts had shown it. Besides, the price was below my Weekly and Daily Pivot, so it’s a high possibility of going down. My stop loss for this trade was 35 pips, and set my profit taking at just below the S1 level, which made a risk to reward ratio of 1:2. I’ll continue to adjust my profit taking if the market goes my way.

Have you found this trade opportunity also? If not please get this forex trading system in my F.R.E.E forex ebook. I didn’t just depend on the daily and weekly pivot to trade, I also look at other indicators before I enter the trade. I have make it a point to include my forex ebook, indicators and the weekly forex newsletters in my F.R.E.E membership, so please download it for your own use and start making profits. Look out for my next post on the results of this trade.

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Finally, all of my positions are closed for the day with a total of 510 Pips! Hey there, and it was an intraday trade! To be honest, this was the biggest profit that I have made far for AUD/USD pair in my forex trading career for an intraday trade, within 5 hours. Do you want a forex trading tips from me on how I did it? haha…no secrets actually, I just simply followed my PIPS MOVER™ forex trading system, with the money management rules and discipline. Mind you, I gave that system away for fr.ee as I wanted my friends and fellow traders to make money online through forex trading. But instead, my friends called me ‘Crazy Boy’ to give away such a good system and membership for F.R.E.E! So how?? I’m a bit hesitated now on whether to sell my forex trading guide which drives so much profits or continue to give it for fr.ee? I don’t know but you all better grab my fr.ee system and membership before I decided to charge them with fees. Anyway, if any of you find difficulty in understanding my forex guide or trading system, please leave me some comments so that I can help to solve the problem. Thank you and have a nice day~

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Let’s continue from the forex trade that I have posted earlier. When the price broke through the Dan_S S1 line, there was enough bearish momentum to take the price to the Dan_S S2 line, so I changed my profit target for 1st batch and set it to the Dan_S S2 line. YES! there was very bullish momentum to even push the price passed the S2 line, so my target profit was triggered at the S2 line(at 0.6785) and made 269 pips for the 1st batch of trade. I didn’t close all the positions of my trade although I’m quite satisfied with the profits because you can see that a ladder is forming and the price will return to as close as the 4 EMA. So forex trading isn’t that difficult right? Of course you have to follow my trading system rules to get it right. So let’s move on and see if my remaining few lots will be triggered by protective stop or profit target…

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Hi traders and friends, I apologised for posting my trades only until now because I was very busy yesterday with some personal commitments and not forex trading. So let’s discuss what I have done yesterday and if you all have followed the signals from my PIPS MOVER™ forex trading system, I’m quite sure that you have profited a lot from some of the currency pairs. I took this AUD/USD trade because the Yen was strengthening against most major currency pairs. AUD/JPY was very bearish and it pulled down AUD/USD strongly also. Besides, the gold movement was not in favour of AUD. So I followed my PIPS MOVER™ system and shorted AUD/USD according to the stochastic crossed down signal as 4 EMA is still below 60 EMA. The fast MACD followed the trend too. This trade was confirmed by the resistance of the Dan_S Pivot Point(which I created myself). You can get that forex indicator when you subscribed to our F.R.E.E daily analysis membership. The price I sold here was 0.7054. The risk to reward ratio for this trade was 1:4 at first, with stop loss 30 pips. Please see my next post for the results.

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My 2nd batch of EUR/JPY trade was successfully closed with a profit 210 pips! Forex traders and friends can refer to my trade which I opened earlier by CLICKING HERE. All thanks to ECB president’s speech saying that interest rate may have to cut as economy growth slows down. When the price started to move downwards after the speech, I have change my risk reward ratio to 1:7, that is how it hit my 210 pips target profit. If you have not taken advantage of this trading opportunity, please get my fr.ee PIPS MOVER™ trading system, so that you will find this kind of opportunity next time round. Hope everyone has also done this trade with profits too! Happy and profitable forex trading to all~

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My 1st batch of EUR/JPY trade was successfully closed. The target profit was triggered with 90 pips and the 2nd batch is still profitable and running until the ECB rate statement is released. The entry price of this trade is 147.35 and ended with 90 pips profit at 146.45 in an hour. That is considered a fast trade as the target profit was reached in a short time. Therefore, I have achieved a planned risk to reward ratio of 1:3 for this trade. Hope traders have benefited from using my PIPS MOVER™ trading system and learned something from this trade. The price is seen to be doing some small retracements now and I hope the 2nd batch will be profitable also, now I have adjusted it to breakeven price. Will do a update later on when this trade is closed. Happy and profitable forex trading to all~

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Hi forex traders, the Dollar gained against most currency pairs as the US$700-Billion rescue plan was approved. And because of the unwinding Yen carry trades continues(which means Yen is strengthening), I took this trade as JPY are bullish against most JPY crossed pairs. By using my PIPS MOVER™ forex trading system, I entered this trade by the trend continuation method as the stochastic just crossed down. The 60 EMA and 200 EMA are still far above from the current price, which means still a downtrend. So forex traders and friends, you can also be looking for this kind of continuation signals when the trend is very strong. The method/system that was in my ebook produces signals that are mostly for new trends, so continuation signals can be found by the crossing of stochastic. There are not much barrier/support currently that is against my trade, except for the S1 line, which is still around 30 pips away from my entry price, so is still quite safe. Entry price was 147.35, stop loss 30 pips. I have 2 open batches for this trade, one with a target profit of 90 pips, risk to reward ratio of 1:2. And another batch will open until the release of ECB rate decision if the trade is already in gains. If you have not gotten my PIPS MOVER™ forex trading system, please CLICK HERE to get my Ebook for fr.ee.