Sunday 31 August 2008

Day Trading Report Aug' 08

The August report is ready for viewing.

Fact 1: Major-Pairs Results +760 pips; Yen-Crosses Results +415 pips; 100-Pip Results +2038 pips
August was the month in which the US dollar finally rebounded...

Friday 29 August 2008

100-pip Target Hit for EUR/JPY

This was a sweet victory after my other euro trade (EUR/USD) was "unfairly" stopped out yesterday.

>> A Double Sweet Victory Friday - 100-pip Target Hit for CHF/JPY

Thursday 28 August 2008

Keeping the Positive Momentum Thursday

European Session
No. of signal recommendations: 2
End-of-session results:
Majors - GBP/USD (+20) and EUR/USD (+25 pips)

US Session
End-of-session results:
Majors - AUD/USD (0 pip) and USD/CHF (+15 pips)
Crosses - EUR/JPY (+15 pips), AUD/JPY (+5 pips) and CHF/JPY (+5 pips)

100-pip EA system
No. of auto-entries: 4
EUR/USD - out by 1 pip :( !!!
USD/CHF +50 (minimum target hit!)
EUR/JPY +100 pips (maximum target hit!)
CHF/JPY +100 (maximum target hit!)

Markets acted in a tricky mode in the late afternoon. My short Euro position was just stopped out - being caught out by my Alpari machine exactly at the high of the day ! How about you guys? The rest of my positions were fairing much better.

>> Click here to join upcoming Live Forex Trading Sessions

Wednesday 27 August 2008

Major Positions +140 pips & 100-pip Target Hit for GBP/USD Wednesday

European Session
No Trade

US Session
No. of signal recommendations: 4
End-of-session results:
Majors :GBP/USD (+40 pips) , EUR/USD (+35 pips), USD/CHF (+45 pips) and USD/CAD (+20 pips)

100-pip System
No. of dynamic entries: 4
Running profits:
GBP/USD +100 (maximum target hit!)
EUR/USD +40 (minimum target hit!)
USD/CHF +40 (minimum target hit!)
USD/CAD +20

100-pip EA Program
No. of auto-entries: 2

All major positions have been squared at the end of US trading session, giving us +140 pips profit for this Wednesday. My trading sessions are so far up +700 pips for the month ?!

Results are even brighter with the 100-pip ea program. My "auto-entry" GBP/USD trade managed to hit the maximum target of 100-pip in less than 2 hours after position opening today! You guys should be able to pick that up too. The ea trading program is currently available to Scoutforex gold-service subscribers.

It is an extraordinary time for the forex market. No matter how, I believe we should always take things calmly and practise our trading routine consistently.

Tuesday 26 August 2008

100-pip Target Hit for EUR/JPY

Yesterday's EUR/JPY trade entry had provided the maximum profits for both my positions. Some good wins to kick start this trading week.

Monday 25 August 2008

100-pip EA Results (18 - 22 Aug) +451 pips

All open positions from last week have been exited. Here is the final tally:

Monday +250 pips
Tuesday no trade
Wednesday +89 pips
Thursday -40 pips
Friday: +152 pips

Total profits: +451 pips

Friday 22 August 2008

Wins on Friday and Help to Members

European Session
No. of signal recommendations: 1
End-of-session results:
Crosses - GBP/JPY (+140 pips )

100-pip EA system
No. of auto-entries: 2
GBP/JPY: 40 & 43 (minimum target hit)

Another easy ride with the the only GPB/JPY trade setup this morning. I was really happy with my progress this week. Furthermore I had also received many of your complimentary responses.

BTW, if you fail to make money with the system at present or in future, I'm happy to diagnose your trading situations, at my free will. No extra fees will be charged ;)

The reason I brought this up is because I had some close contacts with my joining members recently. And I found out that some of you were not executing my trade alerts properly. Some even tried to setup many trades based on yourself, and some had no patience with the open trades.

The best way to experiment my system is to run my ea program with the provided alerts. If you are not ready yet, simply run it in a demo account. The objectives are to familiarise yourself with my daytrading program and try to match the system benchmark performance. It should be alright if you could only follow the system 70%. If you could do better than me, I am also happy to hear that too...

Thursday 21 August 2008

Tradelist for Thursday and On a Roll

European Session
No. of signal recommendations: 3
End-of-session results:
Majors :GBP/USD (+35 pips) , EUR/USD (+60 pips) and AUD/USD (+75 pips)

100-pip System
Dynamic entries: 3
AUD/USD +40 (minimum target hit!)
EUR/USD +40 (minimum target hit!)
GBP/USD +40 (minimum target hit!)

100-pip EA Program
No. of auto-entries: 2

US Session and Late Session
No trade

The pips are rolling in...

3 x 100-pip Target Hit for EUR/JPY, AUD/JPY and CHF/JPY

Scored more good hits here.

Wednesday 20 August 2008

Found More Profitable Trade Setups Wednesday

European Session
No. of signal recommendations: 6
End-of-session results:
Majors :AUD/USD (+35 pips) and USD/CAD (+20 pips)
Crosses: GBP/JPY (+60 pips), EUR/JPY (+55 pips) , AUD/JPY (+35 pips) and CHF/JPY (+35 pips)

100-pip System
Dynamic entries:6
AUD/USD +40 (minimum target hit!)
CHF/JPY +100 (target hit!)
AUD/JPY +100 (target hit!)
GBP/JPY +40 (minimum target hit!)
USD/CAD
EUR/JPY +100 (target hit!)

100-pip EA Program
No. of auto-entries: 3

The major pairs were up (+55 pips) by the end of the first trading session, so were the yen crosses (+185 pips). The system really likes this type of market actions and it is pushing for a record profit in this month of August.

Tuesday 19 August 2008

3 x 100-pip Target Hit for GBP/USD, AUD/USD and GBP/JPY Tuesday

We were actively involved in the yesterday's markets. 6 out of 6 positions were winners and eventually all became risk-free trade with 40-pip gains and over. At this point, three positions had reached the final 100-pip target while two still sitting at +80 and +60.

For the 100-pip EA trading, the ea program has closed out a total of 250 pips, i.e 40 & 86 (126 pips), 40 & 27 (67 pips) and 40 & 17 (57 pips) in three different markets this week.

Monday 18 August 2008

Tradelist for Monday and Profitable Start to the Week

European Session
No. of signal recommendations: 6
End-of-session results:
Majors :GBP/USD (+30 pips), AUD/USD (+20 pips), USD/CHF (+35 pips), USD/CAD (+45 pips)
Crosses: GBP/JPY (+25 pips) and CHF/JPY (+20 pips)

100-pip System
Dynamic entries:6
GBP/USD +100 (target hit!)
AUD/USD +40 (minimum target hit!)
USD/CHF +40 (minimum target hit!)
USD/CAD +40 (minimum target hit!)
GBP/JPY +100 (target hit!)
CHF/JPY +40 (minimum target hit!)

100-pip EA Program
No. of auto-entries: 3

We ended up +130 pips at the end of the first trading session with the major pairs. A Good start to the week.

Friday 15 August 2008

4 x 100-pip Target Hits - EUR/USD & USD/CHF & AUD/USD & AUD/JPY

Friday US Session
No. of signal recommendations: 1
End-of-session results: CHF/JPY (+10 pips)

100-pip System
Dynamic entries:1
CHF/JPY +20

Despite a slow start, we ended the week strongly with many 100-pip gains with yesterday's signals. Let's hope we can do the same again next week.

Thursday 14 August 2008

Here We Go Again... Long US Dollar - part 2 ! Thursday

European Session
No. of signal recommendations: 2
End-of-session results: EUR/USD (-15 pips), USD/CHF (+10 pips), AUD/USD (-40 pips), EUR/JPY (-55 pips) and CHF/JPY (-30 pips)

US Session
No. of signal recommendations: 2
End-of-session results: USD/CAD (+10 pips) and AUD/JPY (+55 pip)

100-pip System
Dynamic entries:5
EUR/USD +100 Target Hit !
USD/CHF +100 Target Hit !
AUD/USD +100 Target Hit !
AUD/JPY+100 Target Hit !
USD/CAD +80

The system picked up five 100-pip signals today. More importantly, it hinted the right market direction and I had a rewarding day in the forex market. Hope you did well with my issued signals too.

On the other note, my main site [scoutforex.com] is currently down. Reason unknown and I am hoping to restore the site asap.

And hopefully next week, I will be relaunching my day trading service with a newly-added "100-pip system" expert advisor feature along side the existing forex killer day trading program. New joining members will then have the option to automate the 100-pip signal trade execution routine.

Wednesday 13 August 2008

Here We Go Again... Long US Dollar ! Wednesday

European Session
No. of signal recommendations: 2
End-of-session results: EUR/USD (+40 pips) and USD/CHF (+40 pip)

100-pip System
Dynamic entries: 2
EUR/USD +50
USD/CHF +40

Our system scored its two winning trades for the week ! ...this month results are looking up : )

Tuesday 12 August 2008

Waiting Patiently On the Sideline Tuesday

Monday & Tuesday
No trade

Markets seemed chaotic these days. Like usual, we will wait for the right trading opportunities to appear.

Friday 8 August 2008

US Dollar Continues to Soar Friday

European Session
No. of signal recommendations: 1
End-of-session results: GBP/JPY (+95 pip)

100-pip System
Dynamic entries: 1
GBP/JPY +90 pips

I closed all my long US dollar positions for some decent gains earlier. The system had another winning trade on its book with the yen-crosses trade at the moment.

>> Click Here for My Live Forex Trading Sessions

2 X 100-pip Target Hit - USD/CHF & USD/CAD

The tick came fast and furious overnight. The system booked its 2nd and 3rd 100-pip gains of the week !

Thursday 7 August 2008

100-pip Target Hit - EUR/USD

The Euro was hit hard once again. We picked up a nice 100-pip move in just a few hours.

Making Pips Using Market Sentiment (+170 pips) Thursday

European Session
No. of signal recommendations: 1
End-of-session results: USD/CAD (+15 pip)

US Session
No. of signal recommendations: 2
End-of-session results: EUR/USD (+95 pips) and USD/CHF (+60 pip)

100-pip System
Dynamic entries: 2
EUR/USD +100 pips Target hit !
USD/CHF +50 pips
USD/CAD +60 pips

We finally got another opportunities to go long US dollar after yesterday's no trade. And I was pleased with today results. I'm definitely back on track for August trading. Hope you did pick up at least one or two of the issued trades.

Wednesday 6 August 2008

Missing Opportunities on Majors Wednesday

European Session
No. of signal recommendations: 1
End-of-session results: GBP/JPY (-30 pip)

European Session
No. of signal recommendations: 2
End-of-session results: EUR/JPY(-30 pips) and CHF/JPY (0 pip)

100-pip System
Dynamic entries: 2
GBP/JPY -out
CHF/JPY -open

A good day for remaining bullish on the dollar. The forex killer signal software failed to produce the right trade entry signals on the majors today. The only good thing was that I didn't take signals against the strong trend.

Tuesday 5 August 2008

Dollar Gained More Ground Tuesday

Tuesday
No trade

Monday - US Session
No. of signal recommendations: 3
End-of-session results: EUR/USD (0 pip), USD/CHF (-10) and EUR/JPY (-15 pips)

100-pip EA System (currently in trial mode)
Automatic trade entry: 3
EUR/USD +68 pips
USD/CHF +78 pips
EUR/JPY +67 pips

Sorry for the late update. In the last few days, I was busy designing an expert advisor program to help automate the dynamic trade entry and exit process for the 100-pip signals. I have already started using it with some success. I hope to get it fully ready and tested before the end of this month.

Btw, July trading report is ready for viewing.

Friday 1 August 2008

"No-Surprise" US Payrolls Data Friday

Friday
No Trade

The payrolls data was uninspiring. Today was merely a price continuation day following yesterday's strong reaction to the news releases. We still remained bullish on both the dollar and yen. Meanwhile, the open trade from yesterday is currently sitting with profit as a result of overnight sell-off in the yen-crosses market.

Here comes August. We'll start again next week.

Have a nice weekend.

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