Morning Trade Review
GBPUSD Breakout for Long gained at least 20 pips and Aggressive profit at least 100 pips.
Breakout for Short invalid setup.
EURUSD Breakout for Long gained at least 20 pips.
Breakout for Short and Aggressive trade had invalid setup.
Overall both trades can profit more than 100pips above.

Recommend strategy: "Buy Low" + "Sell High” to trade in the high and low point in the range, keep Take Profit in your pocket is the best way. .

GBPUSD - Breakout Strategy
Long - EP{1.5288}, SL {1.5251}, TP - 1.5383
Short - EP {1.5191}, SL {1.5219}, TP – 1.5208

EURUSD - Breakout Strategy
Long - EP{1.3288}, SL {1.3251}, TP- 1.3383.
Short - EP {1.3211}, SL {1.3249}, TP- 1.3108
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

After 22:15 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1．5288}, EURUSD{1．3288}
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is 38 pips away from EP.

After 22:30 the market trends down but failed to break Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader
GBPUSD Sell - EP “1.5200”,
EURUSD Sell - EP “1.3220”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Sell High trader pays attention to the major line of
GBPUSD {1.5350-1.5400}, EURUSD {1.3350 – 1.3400}.
If the price is unable to breakout, enter Short trade with SL of 20-30pips, take profit at least 80 pips.

Morning Trade Review
GBPUSD EURUSD Aggressive trade entered and profit 50 pips each.
Breakout for Short entered and profit.
Breakout for Long failed to fulfill setup.

Tonight the market will digest afternoon market bearish movement.
Recommend strategy: "Buy Low" + "Sell High" by using the least stop loss to earn the most target profit.

Small risk taker – If the market isn’t moved toward the direction of your trade, instead reverse back to narrow range near Entry Price, trader should close trade before incur any lose. Since the general direction may change, small risk taker should exit first. This may miss out trades but better than lose money. As long there is capital, there is always tomorrow for trader!

GBPUSD - Breakout Strategy
Long - EP{1.5228}, SL {1.5191}, TP- 1.5333.
Short - EP {1.5151}, SL {1.5189}, TP – 1.5048
If after 22:15, the pair fails to enter Short trade instead it moving upward, trader can enter Long trade with TP and SL same as Long strategy above.

EURUSD - Breakout Strategy
Long - EP{1.3428}, SL {1.3391}, TP- 1.3523.
Short - EP {1.3361}, SL {1.3389}, TP- 1.3268
If after 22:15, the pair fails to enter Short trade instead it moving upward, trader can enter Long trade with TP and SL same as Long strategy above.

Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite direction trade.

Aggresive trader
GBPUSD Sell - EP “1.5170”,
EURUSD Sell - EP “1.3380”,
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is 38 pips away from EP.

After 22:15 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1．5428}, EURUSD{1．3598}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.

After 22:15 the market trends down but failed to break Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Pay attention to the major line of
GBPUSD {1.5530 - 1.5580}, EURUSD {1.3700 – 1.3750}.
If the price is unable to break the major line above and yet it reversed downward, enter Short trade with SL of 10-20, take profit 80pips.

Recommend strategy: "Sell High” + "Buy Low" +to trade in the high and low point in the range, keep Take Profit in your pocket is the best way.

GBPUSD - Breakout Strategy
Long - EP{1.5488}, SL {1.5461}, TP - 1.5593
Short - EP {1.5421}, SL {1.5459}, TP – 1.5318

EURUSD - Breakout Strategy
Long - EP{1.3688}, SL {1.3661}, TP- 1.3783.
Short - EP {1.3601}, SL {1.3639}, TP- 1.3508
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

After 22:30 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1．5488}, EURUSD{1．3688}
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is 38 pips away from EP.

After 22:30 the market trends down but failed to break Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader
GBPUSD Sell - EP “1.5470”,
EURUSD Sell - EP “1.3660”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Buy low trader pays attention to the major line of
GBPUSD {1.5350-1.5300}, EURUSD {1.3500 – 1.3550}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

Morning Trade Review
GBPUSD Breakout for Short invalid because unable to break the current low after 3 hour, false breakout may happen.
Breakout for Long entered and profit at least 60 pips.
Aggressive trade had invalid setup.
EURUSD is similar with above scenario.
Overall both trades can profit at least 80pips above.

Today GBPUSD had breakout of the range since beginning of April. The big picture is unclear just like the election of Britain coming soon.
Recommend strategy: "Sell High” + "Buy Low" +to trade in the high and low point in the range, keep Take Profit in your pocket is the best way. .

GBPUSD - Breakout Strategy
Long - EP{1.5418}, SL {1.5391}, TP - 1.5493
Short - EP {1.5371}, SL {1.5409}, TP – 1.5268

EURUSD - Breakout Strategy
Long - EP{1.3468}, SL {1.34411}, TP- 1.3543.
Short - EP {1.3401}, SL {1.3439}, TP- 1.3308
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

After 22:30 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1．5418}, EURUSD{1．3468}
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is 38 pips away from EP.

After 22:30 the market trends down but failed to break Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader
GBPUSD Sell - EP “1.5400”,
EURUSD Sell - EP “1.3440”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Buy low trader pays attention to the major line of
GBPUSD {1.5250-1.5200}, EURUSD {1.3330 – 1.3250}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

Happy trading!

Today the market is move unusual way, unlike the way of market behave quietly before the release of the rate. This is related to UK Election coming soon.

19:00 UK Bank Rate Decision
19:45 Europe Bid Rate Decision by 20:30 public release

Method1 – Breakout
GBPUSD - Breakout Strategy
Long - EP{1.5288}, SL {1.5251}, TP - 1.5393
Short - EP {1.5191}, SL {1.5223}, TP – 1.5068

EURUSD - Breakout Strategy
Long - EP{1.3378}, SL {1.3351}, TP- 1.3473.
Short - EP {1.3301}, SL {1.3339}, TP- 1.3208
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Method 2 - Aggresive trader
GBPUSD Sell - EP “1.5260”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL {1.5293}, TP {1.5158}
Enter pending order for opposite direction
Buy High {1.5293}, SL {1.5251}, TP{1.5393}

EURUSD Sell - EP “1.3350”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL {1.3383}, TP{1.3248}
Enter pending order for opposite direction
Buy High{1.33933}, SL{1.3351}, TP{1.3493}

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Method 3 – Retrace {TP:50-80pips}
Buy low trader pays attention to the major line of
GBPUSD {1.5350, 1.5050}, EURUSD {1.3450 – 1.3150}.
SL=28pips, take profit and keep.

19:00 UK Bank Rate Decision
19:45 Europe Bid Rate Decision by 20:30 public release
This morning market will not be too volatile as investor waiting for release tonight.

Recommend strategy: "Buy Low" + "Sell High” to trade in the high and low point in the range, keep Take Profit in your pocket is the best way.

GBPUSD - Breakout Strategy
Long - EP{1.5288}, SL {1.5261}, TP - 1.5383
Short - EP {1.5171}, SL {1.5209}, TP – 1.5068

EURUSD - Breakout Strategy
Long - EP{1.3388}, SL {1.3361}, TP- 1.3483.
Short - EP {1.3301}, SL {1.3339}, TP- 1.3208
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Aggresive trader
GBPUSD Sell - EP “1.5220”,
EURUSD Sell - EP “1.3320”,
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is 38 pips away from EP.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Sell high trader pays attention to the major line of
GBPUSD {1.5300-1. 5350}, EURUSD {1.3400 – 1.3450}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

Night Trade Review
GBPUSD Breakout for Long failed to enter setup.
Aggressive trade entered but profit was limited when the trade closed by 12.30am because 1.5300 is critical level.
Breakout for Short entered. If trader didn’t apply {Novice Trader Rescue Plan} & {if cannot break the current low in three hours time, trader should close the trade}, the trade will hit stop loss.
After hits SL, trader waited for retrace of 10-20 pips to enter trade of opposite direction {Long Trade} can earn back the stop loss earlier.

EURUSD Breakout for Long failed to enter setup.
Breakout for Short entered and hit stop loss. But after hit stop loss to enter trade of opposite direction {Long Trade}, trader can earn back the loss and gained small amount of profit.
After hit first stop loss at {1.3519} , wait for retracement of 10-20 pips then enter long trade at same EP {1.3519}. The first target profit will be the amount hit sl (38 pips), shift the SL to first tp to lock the profit. After profit more than 60 pips, included the 38 pips earlier, set trailing stop for at least 25-30 pips. For 30 pips trailing stop, the trade is still ongoing. For 25pips trailing stop, the trade will closed at {1.3562}. Overall both trades of EURUSD will profit less but not hit loss.
Aggressive trade failed to enter setup {no hit the condition of when the market is no longer going upward instead it reversed downward}

Novice Trader Rescue Plan –If the market isn’t moved toward the direction of open trade, instead the trend becomes smaller and come back near Entry Price. Trader should close the trade before incur any lose to determine the general direction. This may miss out trades but trader of small capital should protect their capital. As long there is capital in hand, there is always tomorrow in forex. Otherwise it’s time to say Goodbye to market.

Today most investment firms most probably will not enter the market in this afternoon, they will response after Non Farm Payroll released tonight. Beware of false breakout.
Recommend strategy: "Sell High” + "Buy Low" +to trade in the high and low point in the range, keep Take Profit in your pocket is the best way.

GBPUSD - Breakout Strategy
Long - EP{1.5318}, SL {1.5291}, TP - 1.5403
Short - EP {1.5201}, SL {1.5229}, TP – 1.5118

EURUSD - Breakout Strategy
Long - EP{1.3638}, SL {1.3611}, TP- 1.3703.
Short - EP {1.3511}, SL {1.3539}, TP- 1.3408
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Aggresive trader
GBPUSD Sell - EP “1.5300”,
EURUSD Sell - EP “1.3610”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Buy low trader pays attention to the major line of
GBPUSD {1.5200-1. 5150}, EURUSD {1.3500 – 1.3450}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

Morning Trade Review
GBPUSD Breakout for Long invalid.
Aggressive trade entered and gained at least 30 pips.
Breakout for Short entered but the profit is too less to shift the stop loss to entry point, so hit stop loss of 38 pips.
EURUSD Breakout for Long and Aggressive trade invalid.
Breakout for Short entered and gained at least 30 pips.

Today market trends in small range because many financial firms are waiting to exit during Non Farm Payroll {they had entered market few days ago}
Tomorrow will be US holiday too, market will be quiet than usual.
Recommend strategy: "Sell High” + "Buy Low" +to trade in the high and low point in the range, keep Take Profit in your pocket is the best way. .

GBPUSD - Breakout Strategy
Long - EP{1.5328}, SL {1.5291}, TP - 1.5423
Short - EP {1.5231}, SL {1.5269}, TP – 1.5128

EURUSD - Breakout Strategy
Long - EP{1.3588}, SL {1.3561}, TP- 1.3683.
Short - EP {1.3481}, SL {1.3519}, TP- 1.3368
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

After 22:30 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1．5328}, EURUSD{1．3588}
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is 38 pips away from EP.

After 22:30 the market trends down but failed to break Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader
GBPUSD Sell - EP “1.5300”,
EURUSD Sell - EP “1.3560”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Buy low trader pays attention to the major line of
GBPUSD {1.5050-1.5000}, EURUSD {1.3400 – 1.3350}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.

Night Trade Review
GBPUSD Breakout for Long failed to enter setup.
Aggressive trade entered and but profit is 50 pips.
Breakout for Short entered and profit 30pips.
EURUSD Breakout for Long and Short failed to enter setup.
Aggressive trade entered and gained more than 30pips.

Recommend strategy: "Sell High” + "Buy Low" +to trade in the high and low point in the range, keep Take Profit in your pocket is the best way.

GBPUSD - Breakout Strategy
Long - EP{1.5268}, SL {1.5241}, TP - 1.5363
Short - EP {1.5201}, SL {1.5239}, TP – 1.5068

EURUSD - Breakout Strategy
Long - EP{1.3568}, SL {1.3541}, TP- 1.3663.
Short - EP {1.3511}, SL {1.3549}, TP- 1.3408
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

After 17:30 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1．5268}, EURUSD{1．3568}
When the market is no longer going downward instead it reversed upward, now it is time to enter Long trade, SL is 38 pips away from EP.

After 17:30 the market trends down but failed to break Breakout for Short or false breakout
Waiting for the direction to reverse and trends up before enter a Long trade, SL is 28 pips away from EP.

Aggresive trader
GBPUSD Sell - EP “1.5250”,
EURUSD Sell - EP “1.3560”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL is 38 pips away from EP.

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Buy low trader pays attention to the major line of
GBPUSD {1.5050-1. 5000}, EURUSD {1.3400 – 1.3350}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.