AUD/USD

Today I would like to take up a trade based on Strategy - 3.
The pair I am interested is AUD/USD.
At the moment it is on up trend.
I am looking for 40 pips.

My entry is going to be at:
Buy stop at  0.8901  TP - 0.8941 & SL - 0.8781
Sell stop at  0.9921 TP - 0.8781 & SL - 0.8901

Good luck everybody.

AUD/USD H4

AUD/USD H4

USD/JPY

Yesterday I did not have any trades on this pair
I hope I will have a trade today.

As per both H4 & H1 charts, USD/JPY is on an UP trend.
But in both charts we can see there isn't any volume to support the trend.
In H4, the pair has broken the resistance.
I take trade only if there is volume to support the trend.

USD/JPY Overview

Today if we look at USD/JPY in H1 it is ranging in between 107.11 & 106.78.
There is no volume and no direction.
But if we look at H4 chart the pair is moving south and now is ranging.
I would be looking to take a sell trade on this pair, provided, I see a nice break below the envelope and the trend is supported by good volume.
Good luck everybody.

Happy Diwali

I hope we will have good trading experience today.

Happy Diwali

Another trade setup on USD/JPY

There is another beautiful trade up on USD/JPY today.

trading opportunities on USD/JPY

The new strategy which i have published on this blog, you can find it 'here' gives good trading signals on USD/JPY. Check it out.

Possible Trade on EUR/USD

Please keep an eye on EUR/USD for a possible trade.

Candlestick smart strategy

Please check this video on YouTube. All credit goes to the genius author.
Author has explained a very nice and simple (smart) candlestick strategy.

New Strategy

Here is a new strategy which is quite similar to Ashi Strategy.

In case if you need the template please fill in the contact form. And yes it is free.

I have used Envelope (14), ADX  & Volume indicators.
Take trades if the price closes outside the envelope and there is enough volume to push your trade.

I won't guarantee you won't lose any trades. But you can win fair enough trades. I usually keep 30 pips TP (just my choice). Please USE STOP LOSS. My SL will be the high / low or the candle which has closed outside the envelope.

Good luck.

Update on my trading account

After a very long time I thought to update the blog (*_*)

Here is my account Summary since June to this day (16 September 2014)

This I am doing so that I can cheer up the new traders.

With patience, good strategy & proper money management you can do it. But please don't hope to become millionaire over night. It just doesn't happen.

Practice and be successful.

ACCOUNT SUMMARY
	Beginning Balance	134.14
Comm	Trading Commission	0.00
Rollover	Rollover Fee	-3.78
PnL	Profit/Loss of Trade	229.31
Depos	Deposit	0.00
Withd	Withdrawal	0.00
Option	Options Payout	0.00
Comm	Options Commission	0.00
AdminFee	Administrative Fee	0.00
MngFee	Management Fee	0.00
PerfFee	Performance Fee	0.00
Void	Deposit Rollback	0.00
ASPComm	ASP Commission	0.00
MargInterest	Interest on Usable Margin	0.00
	Ending Balance	359.67
	Floating P/L	-18.94
	Equity	340.73
	Necessary Margin	12.75
	Usable Margin	327.98
	Necessary Margin (Maintenance)	12.75
	Usable Margin (Maintenance)	327.98

Ticket #	Symbol	Volume	Date	Sold	Bought	Gross P/L	Comm	Rollover	Adj	Net P/L	Condition
45****49	EUR/JPY	1,000	5/19/14 8:19 AM	138.754							SE
			6/12/14 4:10 PM		137.750	9.88	0.00	-0.34	0.00	9.54	L
	So many trades in between
46****23	GBP/CHF	3,000	9/16/14 10:32 AM		1.51520						SE
			9/16/14 11:57 AM	1.51822		9.73	0.00	0.00	0.00	9.73	L
Total:						229.31	0.00	-4.26	0.00	225.05
Posted at statement period of time:						229.31	0.00	-3.72	0.00