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Thursday, January 7, 2010

2010 will be a good year

 Hi all

2009 has been a rough year and I have been working on figuring out what went right/wrong in my system. Finally, there is a breakthrough before 2009 ends.

Created a new system which I can called my own and is doing forward testing. For the past months, it has proven its worthiness with high reward and low risk (2:1 at least).

Will be sharing more on my blog in 2010. I believe 2010 will be a exciting year for me and for all traders out there.

Giving myself 2 months more to forward testing the system and if it maintains the high reward and low risk, you will expect to see me sharing it with you all with a nominal fee. This nominal fee is just to pay off my hardwork for the past 1 year. Needles to say, 90% of my income will come from my live trade using the system.

In 2 months time, will be showing you the results of my 2 months forward testing.


What you will be getting with a nominal fee is:
  1. A template which you should always follow strictly, 
  2. The trading log which I use and, 
  3. The instruction on how to read the template for obtaining 
    • Tight stoploss
    • Better entry and exit points.
Do watch out for it in 2 months time from now. Notwithstanding that, I will present my daily trades with my entry and exit points, etc as usual from then onwards. See you in 2 months time.

In the meantime, for those who are new to forex trading, suggest you to read up some of the recommended books (refer to right column of this blogspot).

Happy Trading for 2010!

Your trade results will show if you are doing what is correct or you are doing what you like

Thursday, October 8, 2009

20091008 usdjpy 20pips profit didn't offset the losses

Profit from jpy this morning didn't offset the losses from eur last night. Losses last night due to near miss of profit target. Losses snowballed to this morning -99pips. Important not to leave trade overnight.


Your trade results will show if you are doing what is correct or you are doing what you like

Wednesday, October 7, 2009

20091007 eurusd 16pips profit offset 26pips lost for usdjpy


Morning's trade on usdjpy landed into 26pips loss. Entry when there is no clear trend and market was consolidating. Should avoid entry when no clear trend and when market consolidates.

Clear downtrend for eurusd at night and exited at profit of 16pips.

Your trade results will show if you are doing what is correct or you are doing what you like

Tuesday, October 6, 2009

20091006 usdjpy 17pips profit


Your trade results will show if you are doing what is correct or you are doing what you like


Monday, October 5, 2009

20091005 gbpusd 28pips profit


Your trade results will show if you are doing what is correct or you are doing what you like

20091005 eurusd 25pips profit


Your trade results will show if you are doing what is correct or you are doing what you like

20091005 gbpusd 14pips profit


Your trade results will show if you are doing what is correct or you are doing what you like