Mixed Results But Still Profitable Monday (+100 pips)

We went long US dollar this morning. Today's gain mostly came from the short EUR/USD position.

European Session
No. of signal recommendations: 3
End-of-session results: GBP/USD (-70 pips SL), EUR/USD (+135 pips) & AUD/USD (+35 pips)

Today's results: +100 pips.
Accumulated pips (Majors): +2470 pips
Accumulated pips (Yen-crosses): +1655 pips

Today +70 pips, This Week +355 pips

It was a profitable Friday. Both my manual and automatic (100-pip EA) trade setups produced winning results. You can now follow my all my previous results here and here.

European Session
No. of signal recommendations: 1
End-of-session results: GBP/JPY (-70 pips SL)

US Session
No. of signal recommendations: 3
End-of-session results: EUR/USD (+25 pips), GBP/USD (+50 pips) and CHF/JPY (+65 pips)

Today's results: +70 pips.
Accumulated pips (Majors): +2370 pips
Accumulated pips (Yen-crosses): +1660 pips

100-pip EA System
No. of auto-entries:3
Final results:
GBP/JPY +40 & 96 pips
CHF/JPY +40 & 100 pips (maximum target hit!)
EUR/USD +40 & 3 pips
Total: +319 pips

A Profitable Start to New Month: 7 Intraday Winners

First daytrading report for this brand new month (Feb' 09). Had some brilliant results today. Many trade ideas were generated by the 'market sentiment' system, particularly in the early session, and they all winners. You can now follow my daily results here.

European Session
No. of signal recommendations: 6
End-of-session results: EUR/USD (+40 pips), GBP/USD (+40 pips), AUD/USD (+30 pips), USD/CHF (+5 pips), EUR/JPY (+60 pips) & CHF/JPY (+15 pips)

US Session
No. of signal recommendations: 1
End-of-session results: AUD/JPY (+5 pips)

Today's results: +195 pips.
Accumulated pips (Majors): +2105 pips
Accumulated pips (Yen-crosses): +1055 pips

Handsome Profits and Happy Thanksgiving Thursday

Europe Session
No. of signal recommendations: 4
Major pairs results: GBP/USD (+140 pips), EUR/USD (+55 pips), USD/CHF (+45 pips) & USD/CAD (+45 pips)

100-pip System
No. of auto-entries: 2
Potential profits:
GBP/USD +100 pips (maximum target hit!)
EUR/USD +50 pips (minimum target hit!)

We entered the last two trading days of the month. The rewards were justified for today after completing almost another month of good and solid trading with the market sentiment approach.

Finding Your Trading Edge In Different Market Conditions

Friday US Session
No. of signal recommendations: 1
Major pairs results: EUR/USD (+10 pips)

During this volatile time, it's important to stay on track no matter what. It's all about capital preservation and reducing risks during tough market conditions. It's important to honour stop-loss levels and there is no reason to fight the markets without a proper trading plan.

There is something extraordinary about this market. At present, the forex markets are greatly affected by the performance of stock makets. The latest dip in the US markets has significantly changed the daily normal operation of the forex markets, especially during the month of November.

All daytrading systems are facing a uphill battle due to the current situations. Nonetheless, my major-pair system still ended breakeven for the week, and +260 pips for the month.

Good Results with Fixed-Hour (Forex Killer) Signals Tuesday

All winners today. My daily signals the major pairs had added another 60 pips today to produce an overall +320 pip profits for this month.

Europe Session
No. of signal recommendations: 2
Major pairs results: EUR/USD (+40 pips)
Yen-crosses results: GBP/JPY (+125 pips)

US Session
No. of signal recommendations: 1
Major pairs results: GBP/USD (+20 pips)

100-pip System
No. of auto-entries: 3
Potential profits:
EUR/USD
GBP/USD +100 pips (maximum target hit!)
GBP/JPY +40 pips (minimum target hit!)

Triple Digits Gains Monday ! Major Pairs +210 pips and 100-pip EA +229 pips

US Session
No. of signal recommendations: 3
Major pairs results: GBP/USD (+140 pip), EUR/USD (+100 pips) & USD/CHF (+40 pips)

Europe Session
No. of signal recommendations: 1
Major pairs results: USD/CAD (-70 pips)

100-pip System
No. of dynamic entries: 3
Potential profits:
USD/CHF +40 pips (minimum target hit!)
EUR/USD, +90 pips (minimum target hit!)
GBP/USD +80 pips (minimum target hit!)


100-pip EA
No. of auto-entries: 2
Final results: + 40, +90, +40, + 59 pips

Tallying Up Monday's Winners & 5 x 100-pip Target Hits Tuesday

Tuesday
No Trade

Looking at today's price actions, we seemed to be entering near the "top or bottom" with yesterday's trades.

All 100-pip targets in EUR/USD, EUR/JPY, CHF/JPY, USD/CHF & USD/CAD were hit "easily".

We found no similar setup today and shall wait for the next trading opportunities

Fired Up Monday ! 9 signals and all winners in one session

Europe Session
No. of signal recommendations: 9 !!!
Major pairs results: GBP/USD (0 pip), EUR/USD (+45 pips), AUD/USD (+10 pips), USD/CHF (+20 pips) & USD/CAD (+35 pips)
Yen-crosses results: GBP/JPY (+50 pips), EUR/JPY (+90 pips), AUD/JPY (+40 pips) & CHF/JPY (+50 pips)

100-pip System
No. of dynamic entries: 5
Potential profits:
EUR/JPY +100 pips (maximum target hit!)
EUR/USD, +40 pips (minimum target hit!)
CHF/JPY +40 pips (minimum target hit!)
USD/CHF, USD/CAD

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

Keep the Positive Momentum Going Wednesday

Europe Session
No. of signal recommendations: 2
Major pairs results: GBP/USD (-50 pips)
Yen-crosses results: GBP/JPY (+60 pips)

US Session
No. of signal recommendations: 3
Major pairs results: EUR/USD (+85 pips), USD/CHF (-10 pips)
Yen-crosses results: AUD/JPY (+150 pips)

100-pip System
No. of dynamic entries: 3
Potential profits:
GBP/JPY out
EUR/USD +40 pips (minimum target hit!)
AUD/JPY +90 pips (minimum target hit!)

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

It could even be a brighter day if the 100-pip ea was not stopped out at -60 pips by some volatile ticks in the GBP/JPY market. It just missed out by 4 pips. A SL of 65 should have made a nice gain instead.

Fortunately, the system pulled in another two positive 100-pip trades in the later session. With some other manual trades, I managed a gain of 4.9%. today compared to yesterday's 22% gain.

3 x 100-pip profits for EUR/USD, EUR/JPY & USD/CAD

There were many opportunities today. Whichever you picked you should end in profits. Nice~

Right Timing with Many Positive 100-pip Trades Tuesday

Today was the day I made a killing on the forex market.

• Monday: No Market Conviction Before US Open

My account balance was up a whopping 22%. I liked what I see and didn't even wait for the 100-pip ea to close the remaining half-size position. At the end, I could have made more profits and just didn't bother any more.

100-pip System
No. of dynamic entries:5
Potential profits
USD/CAD +100 pips (maximum target hit!)
EUR/USD +100 pips (maximum target hit!)
USD/CHF +40 pips (minimum target hit!)
CHF/JPY +40 pips (minimum target hit!)
EUR/JPY +100 pips (maximum target hit!)

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

US Session
No. of signal recommendations: 5
Major pairs results: EUR/USD (+45 pips), USD/CHF (+45 pips) & USC/CAD (-70 pips)
Yen-crosses results: EUR/JPY (+65 pips) & CHF/JPY (+75 pips)

No Market Conviction Before US Open Monday

Europe Session
No. of signal recommendations: 5
Major pairs results: EUR/USD (+55 pips) & GBP/USD (-55 pips)
Yen-crosses results: EUR/JPY (+55 pips), GBP/JPY (-10 pips) & CHF/JPY (-5 pips)

US Session
No. of signal recommendations: 1
Major pairs results: -
Yen-crosses results: AUD/JPY (-5 pips)

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

The targeted 100-pip movements seemed to happen only after US opening. The system might have positioned the entries slightly too early today. I had resolved to adding more positions and just managed to scalp for breakeven, recovering some of the early losses. Markets were indeed tricky. Let's hope we can get some more actions tomorrow.

Coordinated Rate Cuts & Coping Well Wednesday

I had not experienced anything like this before. It was extremely tough for the system to make money when the market swings were huge. Basically, the markets were in oscillating mode while traders digesting the implication of coordinated rate-cuts by the central banks.

The major-pairs results for this month have been reduced to almost zero. And I am still hanging on with gains from the yen-crosses pairs which are about +250 pips. Meanwhile, the results for 100-pip system were mixed for today after enjoying some good results yesterday.

Europe Session
No. of signal recommendations: 2
End-of-session results: GBP/USD (-70 pips) & USD/CHF (-30 pips)
Maximum potential: + 50 pips

US Session
No. of signal recommendations: 1
End-of-session results: EUR/USD (-70 pips)
Maximum potential: + 40 pips

100-pip System
No. of dynamic entries: 2
Potential profits
GBP/USD out
EUR/USD (+40 pips minimum target hit)

End of September Trading and A Profitable Month

Tuesday
US Session
No. of signal recommendations: 2
End-of-session results: EUR/USD (-70 pips SL), GBP/USD (+30 pips)

100-pip EA system
No. of auto-entries: Nil

A very active day in the forex market but a usual trading day for us. I will sum up the day trading report for the month of September in a day or two. It's the eight consecutive winning month for the major-pair system with +295-pip gains in the end. The system also did well with the yen-cross pairs and the 100-pip ea program.

100-pip Target Hit for EUR/USD

Our EUR/USD position fetched more than 100 pips today (i.e. 40 & 97 pips).

I had some free time to put up some charts here:
100-pip Trading Setups that Everyone Loves to Score With

Bottom Fishing In US Session and Good Pay-Off Monday

Europe Session
No. of signal recommendations: 1
End-of-session results:USD/CHF(-70 pips)

US Session
No. of signal recommendations: 4
End-of-session results: EUR/USD (+65 pips), GBP/USD (+40 pips), AUD/USD (+5 pips), USD/CAD (+70 pips)

100-pip System
No. of dynamic entries: 3
Potential profits:
EUR/USD +100 pips (maximum target hit!)
GBP/GBP +40 (minimum target hit!)
USD/CAD +40 (minimum target hit!)

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

I saw the Euro and Pound plunging in the European Session. And I had several strong technical setups and the 100-pip ea program to take advantage of the market conditions !

Coping Well with Automated Trading Routine Friday and September

Europe Session
No. of signal alerts: 3
End-of-session results:
Majors - EUR/USD (-40 pips), AUD/USD (-70 pips SL) and USD/CHF (-20 pips)

No entry yet by the 100-pip program. The system had done what it was supposed to do - filtering out the bad market conditions like in this morning session.

So, September is nearing its end. The financial markets are still in turmoil state. Undoubtedly, the currency markets are heavily affected by the latest market uncertainties, literally minute- by-minute development. I am glad that my systems are able to hold their own ground so far.

A Steady Start & More Results Thursday

Europe Session
No. of signal recommendations: 1
End-of-session results:AUD/JPY (+25 pips)
Maximum potential: 0ver 40 pips !

It was a calm and straightforward yen-crosses setup. The price edged higher soon after we entered.

US Session
No. of signal recommendations: 4
End-of-session results: EUR/USD (+65 pips), GBP/USD (+15 pips), AUD/USD (+30 pips), EUR/JPY (+80 pips)
Maximum potential: 0ver 150 pips !

More exciting forex actions in the afternoon session. I was amazed that the system kept pulling out winners these days (i.e. with almost similar trading actions).

Good Solid Results with the Major Pairs (+140 pips) Wednesday

US Session
No. of signal recommendations: 2
End-of-session results:
Majors: EUR/USD (+70 pips) and USD/CHF (+70 pips)
Crosses: EUR/JPY (-10 pips) and CHF/JPY (+10 pips)

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

There were some good profit-making opportunities today. I was surprised that my simplest strategy was actually producing the best results during this choppy month.

>> Learn more about market trends & sentiments

If you have followed all the major pairs setups consistently at the start of my trading sessions, you should have banked over 200 pips of profits for this month and over 1000 pips since 1 August.

If you have followed all the yen-crosses setups consistently at the start of my trading sessions, you should have banked over 500 pips of profits for this month and over 900 pips since 1 August, simply by using a low drawdown approach.