Successful forex trading on USD/JPY and EUR/USD

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, hope you people got the forex trade set-up alert I sent out 2 days ago. Well, it was a good trade. 100 pips on the EUR/USD trade and 200 pips on the USD/JPY trade. Both trades are based on Elliot wave counts and gartley trade set-ups. Let’s look into the USD/JPY trade…..

Look at […]

Hi Traders, hope you people got the forex trade set-up alert I sent out 2 days ago. Well, it was a good trade. 100 pips on the EUR/USD trade and 200 pips on the USD/JPY trade. Both trades are based on Elliot wave counts and gartley trade set-ups. Let's look into the USD/JPY trade..... Look at the chart I sent out 2 days ago and the set-up that I have explained on why this is a good trade. (Click here for Gartley pattern). ... Read More

78 Essential Forex Strategies part 13

Categories: 78 Essential Forex Strategies

Hi Traders, it’s been sometime since my last blog entry. Well, I guess I just have to spend more time in trading since opportunity presents itself too many times. Here’s the 13th instalment of my essential forex strategies,they may look simple, but can you obey them everytime you trade?
61. If you are having problems getting into […]

Hi Traders, it's been sometime since my last blog entry. Well, I guess I just have to spend more time in trading since opportunity presents itself too many times. Here's the 13th instalment of my essential forex strategies,they may look simple, but can you obey them everytime you trade? 61. If you are having problems getting into a good entry, you are not confident enough to use support and resistance or pivot points for entry; then just use hammer candlestick or spinning top candlestick ... Read More

78 Essential Forex Strategies - Part 12

Categories: 78 Essential Forex Strategies

Hi Traders, here’s another instalment of my essential forex strategies for professionals and amateurs…..
56. If price went up and broke through resistance, then price will pull back and becomes support if it continues to go up. Don’t buy too soon or sell too soon, wait for signals to determine the price direction before making a call.
57. Practice, […]

Hi Traders, here's another instalment of my essential forex strategies for professionals and amateurs..... 56. If price went up and broke through resistance, then price will pull back and becomes support if it continues to go up. Don’t buy too soon or sell too soon, wait for signals to determine the price direction before making a call. 57. Practice, Practice, Practice! 58. Never enter a trade in between support and resistance or pivot points. This is a No Man’s Land, as you don’t know where the price will ... Read More

78 Essential Fx Strategies - Part 8

Categories: 78 Essential Forex Strategies

Hi forex traders, here’s another installment of the essential strategies every trader must be equiped with…..
36. If you have tested and seen it for yourself that EUR will move 70+ pips during the open of London session for the next 12 hours, then you can test this out for yourself. When you have determined that […]

Hi forex traders, here's another installment of the essential strategies every trader must be equiped with..... 36. If you have tested and seen it for yourself that EUR will move 70+ pips during the open of London session for the next 12 hours, then you can test this out for yourself. When you have determined that the trend for EUR is an uptrend today, try to find opportunities to buy on the dips. Set your stop to 20 pips loss, and ride the ... Read More

What did I say about AUD/JPY?

Categories: Daily Technical Analysis Tips and Picks

Hi Traders,
What did I told you about aud/jpy on my last post? If you would just listen to me…LOL. See below for yourself…

Remember what I say about this currency pair? Only go long because this is a carry trade pair. Yeah, that’s right, it is a currency pair where investor love carry trading on. Look […]

Hi Traders, What did I told you about aud/jpy on my last post? If you would just listen to me...LOL. See below for yourself... Remember what I say about this currency pair? Only go long because this is a carry trade pair. Yeah, that's right, it is a currency pair where investor love carry trading on. Look how price fall nicely on a previous low and bounces off. Just as it reaches the support, it forms a nice rejection candle, in this case, we ... Read More

78 Essential Fx Strategies - Part 7

Categories: 78 Essential Forex Strategies

Hi Traders, here is a continuation of my 78 essential forex strategies…..
31. If you have identified a price point and entered your trade base on your analysis, whether you are trading reversal based on MACD Divergence, pivot points, support and resistance, Fibonacci or other methods that you have discovered; place your stop on the other side […]

Hi Traders, here is a continuation of my 78 essential forex strategies..... 31. If you have identified a price point and entered your trade base on your analysis, whether you are trading reversal based on MACD Divergence, pivot points, support and resistance, Fibonacci or other methods that you have discovered; place your stop on the other side but not too close to your entry point This is because price behaviour always has a tendency to spike up and pulls back to where it first ... Read More

Trade set-up alert on GBP/USD pound

Categories: Daily Technical Analysis Tips and Picks

Hi traders, hope you people see this trade set-up on GBP/USD H1 chart. It was a downtrend day for pound, it bounces off nicely on the central pivot point and retraces. Confirm on support and resistance. Pull a fibonacci, wait for price to go to 50%, 62%. Get confirmation on lower timeframe like 15min. Confirm […]

Hi traders, hope you people see this trade set-up on GBP/USD H1 chart. It was a downtrend day for pound, it bounces off nicely on the central pivot point and retraces. Confirm on support and resistance. Pull a fibonacci, wait for price to go to 50%, 62%. Get confirmation on lower timeframe like 15min. Confirm on candlestick signal, pull the Trigger! I must admit that this trade is a risky one, because I entered this trade without confirmation on MACD divergence, RSI ... Read More

78 essential forex strategies - Part 5

Categories: 78 Essential Forex Strategies

Hi Traders, I hope you have followed the trade alert I posted yesterday on EUR/USD. Wait for signals on candlestick and divergence, then pull the trigger. Congratulations to those that traded. Join me as a member, I will always send out trade alerts by email.
Here is the continuation of my 78 fx strategies :
21. Never […]

Hi Traders, I hope you have followed the trade alert I posted yesterday on EUR/USD. Wait for signals on candlestick and divergence, then pull the trigger. Congratulations to those that traded. Join me as a member, I will always send out trade alerts by email. Here is the continuation of my 78 fx strategies : 21. Never trade in a No man’s land, that’s No convergences in all the 5 indicators. Only trade when there are convergence on the 5 indicators, Pivot points, MACD ... Read More

USDJPY descending triangle breakout trade

Categories: Daily Technical Analysis Tips and Picks

What do you see in this USDJPY hourly Chart? Yes, it is a Descending Triangle. The highest possible course for the price to go is down, as you can see all descending triangle, selling pressure is greater than buying pressure; so in the end, it will have to break out to the down side […]

What do you see in this USDJPY hourly Chart? Yes, it is a Descending Triangle. The highest possible course for the price to go is down, as you can see all descending triangle, selling pressure is greater than buying pressure; so in the end, it will have to break out to the down side where the support is holding. If you are unsure about this trade, go to my previous posts on forex strategies and systems, there you can find all ... Read More

Live trade on EUR/USD profit 70 pips

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, this is another give away trade. If you have followed my trading all this while, you would have picked this one and made 70 pips out of this beautiful EUR/USD. It is a Divergence trade again. It’s MACD Divergence, Stochastic Divergence, RSI Divergence all happened on a Weekly R2 pivot point. With a […]

Hi Traders, this is another give away trade. If you have followed my trading all this while, you would have picked this one and made 70 pips out of this beautiful EUR/USD. It is a Divergence trade again. It's MACD Divergence, Stochastic Divergence, RSI Divergence all happened on a Weekly R2 pivot point. With a strong rejection candle on the weekly R2 pivot point, when you see such a strong signal, you would know that the forex market is opening up the ... Read More