Hey guys, this EUR/JPY trade made me 90 pips yesterday. If you didn’t read the post on that forex trade which I have done yesterday, then you can refer to it HERE . The trade was triggered by the profit target of 132.65, without coming near to the stop loss.

I know that this trade might confuse a lot of people as it was not executed on the crossing of EMAs. This is based on the advanced trading system rules. But let me reveal something of that advanced forex trading system first before everyone gets impatient. I know that because everyone is emailing me for that advanced system every now and then But don’t worry guys, I’ll send the trading system to you once I complete it.

Basically, this trade is based on continuation trend, which means that there is already an existing trend. What I do is to use stochastic crossing as the forex trading signals instead of just using EMA crossing. So in this case, the stochastic has crossed down and MACD also negative. I’ll provide you with more details when the documentation is ready for your reading. I’m really busy with lots of stuffs so I hope you understand that. Thanks for the patience and sorry for the delay

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Hi guys, this was another trade of mine yesterday. The global stock markets were bearish yesterday after Yen was strengthening and some profit taking taking place. Above is the forex chart on the EUR/JPY currency pair which I traded yesterday.

From the forex trading chart above, we can see that EUR/JPY is starting to trend on the downside with the black EMA already crossed down the blue EMA. At the same time, the movement was bearish and the price went below the 200 EMA (golden colour EMA), together with Stochastic and MACD meeting the requirements. This set up a good opportunity to sell this pair and I went ahead with it. I bought this pair at 133.55, having a stop loss to 35 pips and profit target just above the S1 level of the daily pivot at 1.3265. There is a high possibility that EUR/JPY will hit S1. We will see the results on the next post.

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Hey guys, I hope you have profited from this EUR/JPY trade yesterday too. If you didn’t read my post on my forex trade which I have done yesterday, then you can refer to it HERE . It was quite an easy trade as this pair was very trendy the whole day due to the positive reactions of the stimulus plan. The global stock market was very bullish yesterday and therefore the Yen pairs like EUR/JPY, USD/JPY etc are on a rise. Above is the forex chart on which I have closed my trade.

I did not trade too many lots for this forex trading pair and did not close it at different times because I was caught up with other stuffs to deal with yesterday, or else will have made bigger profits. Anyway, I’m always satisfied with the profits that I have made with my forex trading system , regardless of how much the profits are..and you should be satisfied with whatever profits you made too! Since the pair was smoothly along with the direction of my trade, it hardly came close to my stop loss of 30 pips and continue to rise from my entry price at 131.74. My profit target just below the R2 level at 132.44 was hit in a short period of time and I have made 70 pips !

If you remembered what I mentioned yesterday, I said that even if EUR/JPY hit my target profit at R2 of the daily pivot, it will still have the momentum to rise even further. True enough, the pair even broke the R3 level which means that it was on a real bullish run. From my technical analysis point of view, EUR/JPY still have the strong momentum to rise on the upside. From the Fibonacci drawn from 169.95 (23 July ) high to 112.06 (21 Jan) low, this pair have reached 38.2% and may approached the next resistance of 50.0% (141.01). On the downside, break of 125.72 may suggest that the pair has resumed the major down trend.

If you have not got this forex trading system from my f.ree forex ebook, please download it and see if it is suitable for your trading. Besides that, there are many other forex trading tips, forex trading strategies that are beneficial adding to your forex education. If you’re new here and like what you read, please subscribe to my blog feed or sign up for f.ree email updates .

You can also find out what I am doing now by following my Twitter here .

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Hi guys, this trade is my first forex trade of the month and it made a great start! For the past one week, the forex market has been consolidating for EUR/USD, and that’s why I turned to EUR/JPY instead. At the same time, today the global stock markets have been on the upside due to the meeting of Group of 20 leaders to discuss the stimulus plans. In the Asian trading sessions, the stocks have been already rising at a fast rate. When the European session started, the global stocks kept rising and in turn pulled up the Yen pairs like EUR/JPY, USD/JPY etc.

From the forex trading chart above, we can see that EUR/JPY is trendy on the upside with the black EMA crossed up the blue EMA, the price is also above the golden colour EMA too. I bought this pair at 131.74, already this pair is above the R1 of the daily pivot and have a good chance of reaching R2. So I have set my stop loss to 30 pips and profit target at just below the R2 level of 132.44.

From what I see, there may be a strong momentum for EUR/JPY to rise even further after it reaches the R2 level. This is supported by the fibonacci levels of 61.8% at 131.41 (when I draw from 24 March high to 30 March low). This was not shown in the forex chart above but you can draw it on your charts to verify. There was a convergence of the 61.8% and R1 of the daily pivot, therefore it suggests that this pair may be resuming it’s uptrend. Let’s see what is the result for my trade later. If you have not got my forex trading system, and my f.ree ebook with plenty of forex trading tips, forex strategy etc, please download a copy HERE .

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Hey guys, I this is the 2nd part of my forex trading technical analysis, you can refer to my 1st part HERE. Seems like EUR/JPY is really trending well today, my 1st lot was hit at the S1 of my daily pivot at 121.30. So my 1st lot made me 80 pips from the price I traded at 120.50. After my 1st lot was triggered by the profit target, I shifted my 2nd lot to the S2 level for profit target. Almost after 12 hours have gone, my 2nd lot was triggered at the price of 122.95, and this 2nd lot made me 165 pips. I’m satisfied with this trade as I made a total of 245 pips today! So my risk to reward ratio for this trade was around 1:7. I hope you guys have traded this pair too by using my Pips Mover™ trading system. Cya again and happy trading!

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Hey guys, it has been quite a long time since I posted the forex trading trades that I have done. I have resumed the posting of my trades here, so enjoy! I traded this EUR/JPY pair as it was the most trendy pair. There was a trading signal from my trading system at 3 GMT. The forex signal was supported by my weekly and daily pivot and the gold color EMA. The price was above  those indicators before I traded, and my stochastic and MACD have confirmed the signal. If you guys have not downloaded my fr.ee Pips Mover™ trading system, which also contains all those indicators that I showed in the forex chart, CLICK HERE to download it for your own use now. I have set my stop loss to 35 pips for this trade and target profit at S1 of my my daily pivot for my 1st lot. Let’s see if it can reach my profit target before I adjust my 2nd lot.

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Learn to trade forex using my simple, time tested and proven forex trading system, CLICK HERE to download my free 56-page “Forex Trading To Riches” ebook now. You will also receive my free weekly PowerPips Newsletter jammed packed with useful forex training, forex signals in the forex market, forex forex education etc. If you have any further comment please do remember to comment below.

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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.