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US Session
No. of signal recommendations: 2
End-of-session results: EUR/JPY (+60 pips) and AUD/JPY (+15 pips)
Max potential: Over 80 pips !
100-pip System
Dynamic entries: 2
Current profits:
EUR/JPY+60
AUD/JPY +20
Seized the opportunities to get involved in the US opening session. Two signals and entered both during the price reversal action. One immediately produced a better result than the other.
Monday, 30 June 2008
Sunday, 29 June 2008
June 100-pip Results (+916 pips)
Week 1 (06/02 - 06/06) +508
Week 2 (06/09 - 06/13) +100
Week 3 (06/16 - 06/20) -12
Week 4 (06/23 - 06/27) +320
Total: +916 pips
If you've been following my blog for a while, you'll know that, not long ago, I've suggested a way to fine-tune the selected forex killer signals to improve the odds of winning.
I am currently seeing great results with this combined method, especially in the month of June. Above shows the final results of my previous live signals on the member area for the 100-pip system. Members are also encouraged to use lower profit targets e.g. 40, 60 and 80 instead of the 100 pips to guarantee early winners. Their results are summarised by a table here.
Week 2 (06/09 - 06/13) +100
Week 3 (06/16 - 06/20) -12
Week 4 (06/23 - 06/27) +320
Total: +916 pips
If you've been following my blog for a while, you'll know that, not long ago, I've suggested a way to fine-tune the selected forex killer signals to improve the odds of winning.
I am currently seeing great results with this combined method, especially in the month of June. Above shows the final results of my previous live signals on the member area for the 100-pip system. Members are also encouraged to use lower profit targets e.g. 40, 60 and 80 instead of the 100 pips to guarantee early winners. Their results are summarised by a table here.
Friday, 27 June 2008
Price Whipsaw Friday
100-pip System
Dynamic entries: 2
Current profits:
GBP/JPY out
CHF/JPY +10
My quote system has confirmed that the the GBP/JPY trade was out by 0.7 pip after the 1.30 news releases. 'Unfortunately', the price recovered from there on and hit our initial profit target of 40 pips. I entered the position slightly too late. Hope you could pick a better entry level than me and withstand the price whipsaw.
Dynamic entries: 2
Current profits:
GBP/JPY out
CHF/JPY +10
My quote system has confirmed that the the GBP/JPY trade was out by 0.7 pip after the 1.30 news releases. 'Unfortunately', the price recovered from there on and hit our initial profit target of 40 pips. I entered the position slightly too late. Hope you could pick a better entry level than me and withstand the price whipsaw.
100-pip Target Hit - USD/CAD
It had been a long wait since Monday. The price finally reached its target.
Thursday, 26 June 2008
100-pip Target Hit - AUD/JPY and CHF/JPY
Second and third profit targets of this week were reached as a result of post-FOMC reaction.
Wednesday, 25 June 2008
FOMC Interest Rate Decision Wednesday
No tradable setup yesterday and today. There was not one single opportunity for us to enter. Good to see all four 100-pip signals on Monday are on the plus side and risk-free trades by now, hitting at least +70 pips. One of them already reached the final target and others are not too far away.
We are going to have FOMC interest rate decision later today. It isn't too bad at all if we could stay out for the price volatily for now.
We are going to have FOMC interest rate decision later today. It isn't too bad at all if we could stay out for the price volatily for now.
Tuesday, 24 June 2008
100-pip Target Hit - GBP/JPY
First target hit of the week with one of the yesterday's 100-pip system trade setup.
Monday, 23 June 2008
Dollar Up, Dollar Down then Up Again Monday
European Session
No. of forex killer signals : 5
End-of-session results: GBP/USD (-70 pips SL) , USD/CAD (+5 pips), GBP/JPY(-5 pips), EUR/JPY (-5 pips) and AUD/JPY (-5 pips)
US Session
No. of forex killer signals: 2
End-of-session results: EUR/USD (-20 pips) and CHF/JPY (-10 pips)
100-pip System
Signal recommendations: 4
Current profits so far:
AUD/JPY +50
GBP/JPY +100 target hit !
USD/CAD +20
CHF/JPY +40
I picked up 4 high-target signals out of the possible 7. The market was kind of down one day, up one day, and then down again. It was possible to make a lot of profits by just following the price momentum.
No. of forex killer signals : 5
End-of-session results: GBP/USD (-70 pips SL) , USD/CAD (+5 pips), GBP/JPY(-5 pips), EUR/JPY (-5 pips) and AUD/JPY (-5 pips)
US Session
No. of forex killer signals: 2
End-of-session results: EUR/USD (-20 pips) and CHF/JPY (-10 pips)
100-pip System
Signal recommendations: 4
Current profits so far:
AUD/JPY +50
GBP/JPY +100 target hit !
USD/CAD +20
CHF/JPY +40
I picked up 4 high-target signals out of the possible 7. The market was kind of down one day, up one day, and then down again. It was possible to make a lot of profits by just following the price momentum.
Saturday, 21 June 2008
June Week 3 Results Summary
Friday: No Trade
Thursday: Action Packed
Wednesday: No Trade
Tuesday: Plenty of Winning Trade Setups
Monday: Late Action
End-of-session results:
Major pairs: +110 pips
Yen-crosses:+25 pips
Click here for the 100-pip signal performance of this week.
Thursday: Action Packed
Wednesday: No Trade
Tuesday: Plenty of Winning Trade Setups
Monday: Late Action
End-of-session results:
Major pairs: +110 pips
Yen-crosses:+25 pips
Click here for the 100-pip signal performance of this week.
Friday, 20 June 2008
Forex Autopilot and Magic Number
Forex Autopilot (FAPS) has just released a new upgraded version with the magic number feature.
Magic Number is simply an arbitrary number added to an EA to identify trades which are made from that EA and also to differentiate other trades made by another EA.
This new feature allows you to run several EAs on multiple charts on the same MT4 platform by using different magic numbers.
For instance, it is now possible to run both Bogie EA on H1 chart and FAPS on M1 chart to trade the EUR/USD market within the same trading platform.
Related post:
How to Activate Forex Autopilot EA
Magic Number is simply an arbitrary number added to an EA to identify trades which are made from that EA and also to differentiate other trades made by another EA.
This new feature allows you to run several EAs on multiple charts on the same MT4 platform by using different magic numbers.
For instance, it is now possible to run both Bogie EA on H1 chart and FAPS on M1 chart to trade the EUR/USD market within the same trading platform.
Related post:
How to Activate Forex Autopilot EA
Thursday, 19 June 2008
100-pip Target Hit - USD/CHF
Our second 100-pip winner for this week. This USD/CHF trade was one of the perfect setup. We were in profit almost immediately. As soon as we were 40 pips ahead, simply moved the stop to breakeven level and let the price hit the final target.
Action Packed Thursday
European Session
No. of signal recommendations: 5
End-of-session results: GBP/USD (-70 pips) , EUR/USD (+95 pips), AUD/USD (+10 pips), USD/CHF (+100 pips) and USD/CAD (+10 pips)
Max potential: Over 200 pips !
100-pip System
Dynamic entries: 2
EUR/USD +70
USD/CHF +100 target hit !
>> Click Here for My Live Forex Trading Sessions
The GBP retail sales report came out unexpectedly stronger than forecast. Despite the losses with GBP/USD , the end-of-session results was still able to make a healthy gain of +145 pips for the day with other major pairs.
Moreover, I also picked up two 100-pip signal entries, i.e.short EUR/USD and long USD/CHF which are currently sitting with healthy gains.
No. of signal recommendations: 5
End-of-session results: GBP/USD (-70 pips) , EUR/USD (+95 pips), AUD/USD (+10 pips), USD/CHF (+100 pips) and USD/CAD (+10 pips)
Max potential: Over 200 pips !
100-pip System
Dynamic entries: 2
EUR/USD +70
USD/CHF +100 target hit !
>> Click Here for My Live Forex Trading Sessions
The GBP retail sales report came out unexpectedly stronger than forecast. Despite the losses with GBP/USD , the end-of-session results was still able to make a healthy gain of +145 pips for the day with other major pairs.
Moreover, I also picked up two 100-pip signal entries, i.e.short EUR/USD and long USD/CHF which are currently sitting with healthy gains.
Tuesday, 17 June 2008
Plenty of Winning Trade Setups Tuesday
European Session
No. of signal recommendations: 5
End-of-session results: EUR/USD (+20 pips) , AUD/USD (+10 pips), USD/CHF (+20 pips), USD/CAD (+20 pips) and USD/JPY (+20 pips)
Max potential: Over 100 pips !
100-pip System
Dynamic entries: 4
US and Late Sessions
(open soon)
>> Click Here for My Live Forex Trading Sessions
Despite today's winners, the end-of-session results with the major pairs are still at -25 pips for the month.
We are already into the third trading week of June. As expected, the latest 100-pip system has continued to deliver solid performance and better results along side the end-of-session system.
No. of signal recommendations: 5
End-of-session results: EUR/USD (+20 pips) , AUD/USD (+10 pips), USD/CHF (+20 pips), USD/CAD (+20 pips) and USD/JPY (+20 pips)
Max potential: Over 100 pips !
100-pip System
Dynamic entries: 4
US and Late Sessions
(open soon)
>> Click Here for My Live Forex Trading Sessions
Despite today's winners, the end-of-session results with the major pairs are still at -25 pips for the month.
We are already into the third trading week of June. As expected, the latest 100-pip system has continued to deliver solid performance and better results along side the end-of-session system.
Monday, 16 June 2008
Late Action Monday
European Session
No. of signal recommendations: 2
End-of-session results: GBP/USD (-70 pips SL) and CHF/JPY (+30 pips)
US Session
No. of signal recommendations: 3
End-of-session results: EUR/USD (-25 pips SL), AUD/USD (+5 pips) and USD/CHF (-35 pips)
100-pip System
Dynamic entries: 5
Current risk Levels: 46, zero, 53, 54, 57
Current profits so far:
GBP/USD out
CHF/JPY +60
AUD/USD
USD/CHF +10
EUR/USD +10
I managed to spot several trading opportunities in the late hours with the improved entry system. Hope they all work out as planned.
Earlier today, we scored our first 100-pip gain of this week.
No. of signal recommendations: 2
End-of-session results: GBP/USD (-70 pips SL) and CHF/JPY (+30 pips)
US Session
No. of signal recommendations: 3
End-of-session results: EUR/USD (-25 pips SL), AUD/USD (+5 pips) and USD/CHF (-35 pips)
100-pip System
Dynamic entries: 5
Current risk Levels: 46, zero, 53, 54, 57
Current profits so far:
GBP/USD out
CHF/JPY +60
AUD/USD
USD/CHF +10
EUR/USD +10
I managed to spot several trading opportunities in the late hours with the improved entry system. Hope they all work out as planned.
Earlier today, we scored our first 100-pip gain of this week.
100-pip Target Hit - EUR/JPY
The 100-pip gain has been realised this morning with the Friday's entry on the EUR/JPY market.
Friday, 13 June 2008
More Gains with Yen-Crosses Friday
100-pip System
Dynamic entries: 1
Current risk Levels: zero
Max profits so far:
EUR/JPY +40
>> Click Here to Join My Live Forex Trading Sessions Next Week !
Yen-crosses signals were the big winners this week. 5 closed trades and no losers. The maximum gains recorded were +40, 100, +40, +80, +40. If you set your TP = 40 pips, you' ll get 200, TP = 60 pips for 120 pips, TP = 80 pips for 160 pips etc.
There was no signal with the major pairs and I was surprised. In the mean time, the 100-pip system is still working with the above last trade of the week. Hope the winning trend continues.
Updates: It was another winner in the late hours with another 40 pips and I was able to move the SL to the entry level again.
Dynamic entries: 1
Current risk Levels: zero
Max profits so far:
EUR/JPY +40
>> Click Here to Join My Live Forex Trading Sessions Next Week !
Yen-crosses signals were the big winners this week. 5 closed trades and no losers. The maximum gains recorded were +40, 100, +40, +80, +40. If you set your TP = 40 pips, you' ll get 200, TP = 60 pips for 120 pips, TP = 80 pips for 160 pips etc.
There was no signal with the major pairs and I was surprised. In the mean time, the 100-pip system is still working with the above last trade of the week. Hope the winning trend continues.
Updates: It was another winner in the late hours with another 40 pips and I was able to move the SL to the entry level again.
Thursday, 12 June 2008
Better Trade Setups Thursday
US Session
No. of signal recommendations: 2
End-of-session results: GBP/JPY (+45 pips) and CHF/JPY (+5 pips)
Max potential: Over 50 pips !
100-pip System
Dynamic entries: 2
Current risk Levels: zero risk x 2
Max profits:
GBP/JPY +80
CHF/JPY +40
We picked up two trades near the lows. Hope the price momentum carries the gains further.
No. of signal recommendations: 2
End-of-session results: GBP/JPY (+45 pips) and CHF/JPY (+5 pips)
Max potential: Over 50 pips !
100-pip System
Dynamic entries: 2
Current risk Levels: zero risk x 2
Max profits:
GBP/JPY +80
CHF/JPY +40
We picked up two trades near the lows. Hope the price momentum carries the gains further.
Wednesday, 11 June 2008
Quiet Days Tuesday and Wednesday
European Session
No. of signal recommendations: 1
End-of-session results: USD/CAD (-30 pips)
Late Session
No. of signal recommendations: 1
End-of-session results: CHF/JPY (+35 pips)
100-pip System
Dynamic entries: 1
Current risk levels: zero risk
Current profits:
CHF/JPY +40
There weren't many trading opportunities in these two days. Actually, none yesterday. Perhaps the system needed a rest after making such a good run since the start of the month. Usually, it is best to sit out till the opportunities present themselves later in the week.
Updates: Picked up a late entry on the CHF/JPY trade. Moved stop loss to breakeven level.
No. of signal recommendations: 1
End-of-session results: USD/CAD (-30 pips)
Late Session
No. of signal recommendations: 1
End-of-session results: CHF/JPY (+35 pips)
100-pip System
Dynamic entries: 1
Current risk levels: zero risk
Current profits:
CHF/JPY +40
There weren't many trading opportunities in these two days. Actually, none yesterday. Perhaps the system needed a rest after making such a good run since the start of the month. Usually, it is best to sit out till the opportunities present themselves later in the week.
Updates: Picked up a late entry on the CHF/JPY trade. Moved stop loss to breakeven level.
Monday, 9 June 2008
Fired Up Monday and Strong Start to the Week
European Session
No. of signal recommendations: 2
End-of-session results: GBP/JPY (+170 pips) and AUD/JPY (+50 pips)
Max potential: Over 240 pips !
100-pip System
Dynamic entries: 2
Current risk Levels: zero risk x 2
Max profits:
GBP/JPY +100 target hit !
AUD/JPY +50
US and Late Sessions
No trade
>> Click Here to Join Live Forex Trading Sessions
Once again, a bright start to week. Earlier, we made our first 100-pip with GBP/JPY on the dynamic signal entry.
No. of signal recommendations: 2
End-of-session results: GBP/JPY (+170 pips) and AUD/JPY (+50 pips)
Max potential: Over 240 pips !
100-pip System
Dynamic entries: 2
Current risk Levels: zero risk x 2
Max profits:
GBP/JPY +100 target hit !
AUD/JPY +50
US and Late Sessions
No trade
>> Click Here to Join Live Forex Trading Sessions
Once again, a bright start to week. Earlier, we made our first 100-pip with GBP/JPY on the dynamic signal entry.
100-pip Target Hit - GBP/JPY
I couldn't contain my excitement. This morning signal with GBP/JPY has already yielded 100 pips in less than 2 hours into the European Session. All my real-time signal entries can be found on my member site.
Saturday, 7 June 2008
This Week in Review (2 - 6 June)
An eventful week with very good trade setups overall:
Patience Paid Off Monday
More Profitable Setups Tuesday
Sitting With Profits Wednesday
Hotting Up & NFP Day Tomorrow Thursday
Non-Farm Payrolls Setup & Bad Job Report Friday
Looking forward for next week trading. Here are the results for June so far:
100-pip Signals: +508 pips !
Session Results (Major pairs): +40 pips
Session Results (Yen-crosses): +155 pips
Patience Paid Off Monday
More Profitable Setups Tuesday
Sitting With Profits Wednesday
Hotting Up & NFP Day Tomorrow Thursday
Non-Farm Payrolls Setup & Bad Job Report Friday
Looking forward for next week trading. Here are the results for June so far:
100-pip Signals: +508 pips !
Session Results (Major pairs): +40 pips
Session Results (Yen-crosses): +155 pips
Friday, 6 June 2008
Non-Farm Payrolls Setup & Bad Job Report Friday
European Session
No. of signal recommendations: 2
End-of-session results: EUR/USD (+20 pips) and USD/CHF (+10 pips)
Max potential: Over 40 pips
100-pip System
Dynamic entries: 2
Current risk Levels: 50, 42
Max profits:
EUR/USD +10
USD/CHF +10
Two setups this morning. Unfortunately, these NFP trades did not pay off this time round.
The payroll number was slightly better than expected. However, the primary reaction was mainly due to the jobless / unemployment rate which ticked up substantially. The market was expecting 5.1 percent and it came in at 5.5 percent. What caused the anomaly? Something fishy? Also not forgetting yesterday's Trichet unexpected comments which ultimately reversed the recent dollar advances. It was indeed a double whammy for the dollar.
No. of signal recommendations: 2
End-of-session results: EUR/USD (+20 pips) and USD/CHF (+10 pips)
Max potential: Over 40 pips
100-pip System
Dynamic entries: 2
Current risk Levels: 50, 42
Max profits:
EUR/USD +10
USD/CHF +10
Two setups this morning. Unfortunately, these NFP trades did not pay off this time round.
The payroll number was slightly better than expected. However, the primary reaction was mainly due to the jobless / unemployment rate which ticked up substantially. The market was expecting 5.1 percent and it came in at 5.5 percent. What caused the anomaly? Something fishy? Also not forgetting yesterday's Trichet unexpected comments which ultimately reversed the recent dollar advances. It was indeed a double whammy for the dollar.
Thursday, 5 June 2008
Another 100-pip Target Hit - CHF/JPY
Another success with yesterday' CHF/JPY trade. The 100-pip target came faster this time round. I couldn't believe it myself. It was an eventful day nonetheless.
100-pip Target Hit - CHF/JPY
It turned out that Monday's CHF/JPY trade was another 100-pip winner after all. Making a total of 5 x 100-pip gains in this week so far.
Hotting Up & NFP Day Tomorrow Thursday
European Session
No. of signal recommendations: 1
End-of-session results: AUD/USD (+30 pips)
Max potential: +30 pips
US And Late Session
No trade
100-pip System
Dynamic entries: 1
Current risk levels: Zero risk
Current profits: +40
>> Click Here for My Live Forex Trading Sessions
The Aussie trade was a winner immediately after the signal entry. It became a breakeven trade with a new 100-pip target.
No. of signal recommendations: 1
End-of-session results: AUD/USD (+30 pips)
Max potential: +30 pips
US And Late Session
No trade
100-pip System
Dynamic entries: 1
Current risk levels: Zero risk
Current profits: +40
>> Click Here for My Live Forex Trading Sessions
The Aussie trade was a winner immediately after the signal entry. It became a breakeven trade with a new 100-pip target.
100-pip Target Hit - USD/CHF
We had an overnight 100-pip winner with yesterday's USD/CHF trade in this morning action.
Wednesday, 4 June 2008
Sitting With Profits Wednesday
100-pip System
Dynamic entries: 3
Current risk levels: Zero risk (out), 50, 40
Current profits:
EUR/JPY +40 (out)
USD/CHF
CHF/JPY
It was a busy day and I was quite happy with my trade selection and timing. Let see if we could improve on the current profit levels.
Updates:
Own P/L: +69, +60 from EUR/JPY (re-entered) and USD/CHF
Dynamic entries: 3
Current risk levels: Zero risk (out), 50, 40
Current profits:
EUR/JPY +40 (out)
USD/CHF
CHF/JPY
It was a busy day and I was quite happy with my trade selection and timing. Let see if we could improve on the current profit levels.
Updates:
Own P/L: +69, +60 from EUR/JPY (re-entered) and USD/CHF
100-pip Target Hit - AUD/JPY
Another 100-pip success overnight with one of the remaining Tuesday's trade.
Tuesday, 3 June 2008
More Profitable Setups Tuesday
European Session
No. of signal recommendations: 4
End-of-session results: EUR/USD (-30 pips), GBP/JPY (+105 pips), EUR/JPY (+90 pips) and AUD/JPY (+70 pips)
Max potential: Over 250 pips !
Own P/L: +162 pips !
100-pip System
Dynamic entries: 3
Current profits:
GBP/JPY (+100 pips) target hit !
EUR/JPY (+100 pips) target hit !
AUD/JPY (+60 pips)
What an exciting day so far ! Two out of my three dynamic 100-pip signals hit their targets in less than few hours of trading. The remaining two open positions are currently sitting at +60 pips and +80 pips (with yesterday's CHF/JPY).
No. of signal recommendations: 4
End-of-session results: EUR/USD (-30 pips), GBP/JPY (+105 pips), EUR/JPY (+90 pips) and AUD/JPY (+70 pips)
Max potential: Over 250 pips !
Own P/L: +162 pips !
100-pip System
Dynamic entries: 3
Current profits:
GBP/JPY (+100 pips) target hit !
EUR/JPY (+100 pips) target hit !
AUD/JPY (+60 pips)
What an exciting day so far ! Two out of my three dynamic 100-pip signals hit their targets in less than few hours of trading. The remaining two open positions are currently sitting at +60 pips and +80 pips (with yesterday's CHF/JPY).
Monday, 2 June 2008
Patience Paid Off Monday
100-pip System
Dynamic entries: 1 (CHF/JPY)
Current stop-loss level: Breakeven trade at least
Current profit: +40 pips
There were four forex killer signals in today's session. I picked up a good entry point with the CHF/JPY trade.
>> Click Here to Join My Live Forex Trading Sessions
Dynamic entries: 1 (CHF/JPY)
Current stop-loss level: Breakeven trade at least
Current profit: +40 pips
There were four forex killer signals in today's session. I picked up a good entry point with the CHF/JPY trade.
>> Click Here to Join My Live Forex Trading Sessions
Sunday, 1 June 2008
May' 08 Trading Report Is Out
Despite trading only 12 out of the possible 22 days and the sideways price action, May was still a profitable month which pulled in another +75 pips. Hence, it was also another consecutive winning month since the start of the member service.
May could be a sideways month paving for an expected up (or even down) month for the US dollar in June (i.e. the start of Summer trading). I believe our day trading strategy is well-tuned to capitalise on any significant market movements ahead of us.
>> Scout-Forex DTS: Trading Report May' 08
May could be a sideways month paving for an expected up (or even down) month for the US dollar in June (i.e. the start of Summer trading). I believe our day trading strategy is well-tuned to capitalise on any significant market movements ahead of us.
>> Scout-Forex DTS: Trading Report May' 08
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