Quick update - 31 July 2012

4 Trades were winners on Strategy No. 2 and one winners on Strategy No. 2.

Strategy No. 1:
EUR/USD - 21 pips
GBP/USD - 17 pips
USD/CHF - 07 pips
AUD/USD - 15 pips
= 60 pips

Strategy No. 2:
EUR/USD - 18 pips

Total Pips for 31 july 2012 = 78 pips.

I hope to gain more and more pips.

Trades as on 31 July 2012

I was working on a new strategy (let me call it Strategy No. 2) these days. My possible trades for today based on Daily Chart:

31-Jul-12
Currency	Long	TP	SL	Short	TP	SL
EUR/USD	1.2281	1.2302	1.2181	1.2238	1.2216	1.2338
GBP/JPY	122.96	123.04	121.96	122.79	122.70	123.79
GBP/USD	1.5727	1.5744	1.5627	1.5693	1.5676	1.5793
EUR/GBP	0.7810	0.7820	0.7710	0.7792	0.7783	0.7892
GBP/CHF	1.5404	1.5423	1.5304	1.5365	1.5345	1.5465
USD/JPY	78.27	78.37	77.27	78.06	77.95	79.06
USD/CHF	0.9813	0.9830	0.9713	0.9779	0.9762	0.9879
AUD/USD	1.0506	1.0521	1.0406	1.0476	1.0462	1.0576
EUR/JPY	96.10	96.38	95.10	95.54	95.26	96.54
NZD/USD	0.8090	0.8097	0.7990	0.8075	0.8067	0.8175

Quick Update at 03:00 pm (GMT+3):

______________________________________________________________________________

On strategy No. 1 I don't see any good trade setups as the price is ranging on my favorite currency pairs.

I am also working on one more strategy (Strategy No. 3) and since last week I had 10% profit so far. I will test this strategy for at least a month and update the results.

26 July 2012

Even though yesterday I had fantastic setups, I missed the trades.
Today I was working on a new strategy.
Once I understand completely I will post it here.
I though to update here,
With the new strategy I had one trade (tester)

94882611

2012.07.26 12:19

buy

0.10

eurusd

1.2177

1.2136

1.2214

2012.07.26 12:35

1.2214

0.00

0.00

0.00

37.00

And I had 37 pips in profit.

Trades as on 25 July 2012

Yesterday I placed a pending buy order on GBP/USD but lost 60 pips as I did not monitor the trade.

From First of August I have planned to add a page in this blog to monitor my trading performance.
I have also added a page Tutorial for MT4 - For Beginners.


Today it looks like I am going to have some beautiful trades to recover yesterday's losses (*_*) .

EUR/USD: Buy

GBP/USD: Buy

USD/CHF: Sell

AUD/USD: Buy

NZD/USD: Buy

I will update if I take any trades.

I look for 10 - 20 pips per trade.

Trade as on 18 July 2012

I had a buy on GBP/USD - 13 pips Profit.

94609465

2012.07.18 20:43

buy

0.17

gbpusd

1.5635

1.5600

1.5650

2012.07.18 21:11

1.5648

0.00

0.00

0.00

22.10

Trades - 16 July 2012

Today I have planned to check 5 pairs.

EUR/USD:

Both above screen shots are for E/U.  First one using Heiken Ashi indicator (Trend indicator). Hopefully next candle I can sell.


GBP/USD:

Here both charts are showing a possible sell entry.

USD/CHF:

Both are showing a possible buy.

AUD/USD:

A possible sell.

NZD/USD:

A possible sell.

I will update if I take any trades. I will look for 10 - 20 pips per trade.

Trades as on 12 July 2012

Yesterday I did not take any trades, even though there were 2 - 3 valid signals, as my laptop gave me a big headache.

Today as on now, I don't see any valid setup.
If I get a valid signal on any of E/U, G/U or U/CHF, I will take a trade for 10 to 20 pips.
All I need is one trade for 10 - 20 pips profit per day.

Quick Update

I closed my trade with 15 pips profit.

I think I am done for the day. If I get any other good signal, on EUR/USD, GBP/USD or USD/CHF I will take a trade.

I like to keep it simple stupid.

Trades as on 10 July 2012

I have a trade on EUR/USD  SELL at 1.2285 TP 1.2270
I hope I get out of it a winner.

I will update if I win my trade. Right now it is negative.

I have added one small feature that ius RSI 10 (my friend recommended it to me).
Before placing a trade I will check if RSI has CROSSED below or above the 50 level.

I came accross a good website I though to share on my blog.
It give free signals (also paid) on 9 currency pairs. It has got an impressive record.
Please click here for more information.

Quick Update

I had a good trade today on GBP/USD at 1.5500 for 15 pips profit.

I will look forward for a trade on EUR/USD as well a long at 1.2300 for 10- 20 pips

Trades as on 09 July 2012

I will try to buy if there is a valid signal on next candle. I prefer a round number. I might look to buy EUR/USD @ 1.2300 for profits of 10 to 20 pips.

I prefer to take a buy on GBP/USD at around 1.5500 if there is a valid signal on next candle (H1 time frame) for 10 to 20 pips profit.

 

I will look to sell on USD/CHF on next candle for 10 - 20 pips.

Trades as on 05 July 2012

After several days of no trade, today I final managed to jump into one trade setup on GBP/USD at H1 time frame a buy at 1.5600 - Take Profit 20 pips.

Another setup is forming on EUR/USD a BUY signal. But must wait for the new candle to confirm the crossover.

I want to add a small note here, I prefer to trade on round numbers, say 1.2500 / 1.2510 / 1.2520 / 1.2530 and so on (but not all).