GBPUSD EURUSD Night 10 May 2010
Morning Trade Review
GBPUSD Breakout for Short is invalid.
Aggressive trade entered setup with profits more than 100 pips when traders applied the rules of Take Profit more than 30pips shift SL to EP, and Take Profit more than 60 shift SL to Trailing Stop of 30 pips.
Breakout for Long hit Take Profit.
EURUSD Breakout for Short invalid setup.
Aggressive trade profited more than 200 pips.
Breakout for Long hit Take Profit.
Overall traders gain more than 300pips in this morning.
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{1.5008}, SL {1.4971}, TP - 1.5113
Short - EP {1.4891}, SL {1.4919}, TP – 1.4808
EURUSD - Breakout Strategy
Long - EP{1.3038}, SL {1.3001}, TP- 1.3143.
Short - EP {1.2941}, SL {1.2979}, TP- 1.2838
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{1.5008}, EURUSD{1.3038}
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 - EP “1.4930”,
EURUSD - EP “1.2950”,
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 {1.5130-1.5200}, EURUSD {1.3150 – 1.3200}.
If the price is unable to breakout, enter Short trade with SL of 20-30pips, take profit at least 80 pips.
GBPUSD EURUSD Night Analyse – 29 April 2010
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.
GBPUSD EURUSD Night 19 April 2010
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.
GBPUSD EURUSD Night 14 April 2010
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.
GBPUSD EURUSD Night 9 April 2010
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!
GBPUSD EURUSD Night 2 April 2010
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.
GBPUSD EURUSD Morning 8 April 2010
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.
GBPUSD EURUSD Morning 2 April 2010
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.
GBPUSD EURUSD Night 1 April 2010
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.
GBPUSD EURUSD Morning 1 April 2010
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.
GBPUSD EURUSD Night 30 March 2010
Morning Trade Review
GBPUSD Breakout for Short invalid.
Aggressive trade entered and hit stop loss of 28 pips. If hits SL, wait for retracement of 10-20 pips, trader can earn back the loss amount {the first target profit should cover the stop loss hit earlier}
Both trades will break even, psychology and account will not lose!
EURUSD Breakout for Long invalid.
Aggressive trade entered and profit
Break for Short entered but the profit is too less when time reached 6.30pm. This trade shall consider no gain no loses
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{1.5158}, SL {1.5131}, TP - 1.5253
Short - EP {1.5091}, SL {1.129}, TP – 1.4958
EURUSD - Breakout Strategy
Long - EP{1.3558}, SL {1.3531}, TP- 1.3653.
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{1.5158}, EURUSD{1.3558}
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 “1.5130”,
EURUSD Sell - EP “1.3540”,
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 {1.4950-1.5000}, 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.
The operating time:
Morning Analyse - 12.00pm until 18:30pm {GMT +8:00}
Night Analyse - 20:30 to 00:30 (12.30am)
GBPUSD EURUSD Morning 30 March 2010
“Tonight market can go any direction!” The market had been ranging since last night until now.
The longer the market is ranging, the strength will be more aggressive.
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{1.5038}, SL {1.5011}, TP - 1.5143
Short - EP {1.4991}, SL {1.5029}, TP – 1.4858
EURUSD - Breakout Strategy
Long - EP{1.3538}, SL {1.3511}, TP- 1.3643.
Short - EP {1.3481}, SL {1.3519}, TP- 1.3358
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{1.5038}, EURUSD{1.3538}
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 “1.5020”,
EURUSD Sell - EP “1.3520”,
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 {1.4900-1.4850}, 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.
The operating time:
Morning Analyse - 12.00pm until 18:30pm {GMT +8:00}
Night Analyse - 20:30 to 00:30 (12.30am)
GBPUSD EURUSD Night 26 March 2010
Morning Trade Review
GBPUSD Breakout for Long and Aggressive trade invalid.
Breakout for Short entered and profit around 30 pips.
EURUSD Breakout for Long and Short invalid.
Aggressive trade failed to enter setup because at 1.3360 {don’t fulfill when the market is no longer going upward instead it reversed downward}. If new trader enter the trade accidentally, they could exit with no win no loss or small loss by end of 6.30pm.
Recommend strategy: "Sell High" + "Buy Low" by using the least stop loss to earn the most target profit.
GBPUSD - Breakout Strategy
Long - EP{1.4928}, SL {1.4891}, TP- 1.5033.
Short - EP {1.4831}, SL {1.4879}, TP – 1.4718
EURUSD - Breakout Strategy
Long - EP{1.3468}, SL {1.3441}, TP- 1.3563.
Short - EP {1.3361}, SL {1.3389}, TP- 1.3258
After 23:30 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1.4928}, EURUSD{1.3468}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.
After 23:15 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.
Aggresive trader
GBPUSD Sell - EP “1.4900”,
EURUSD Sell - EP “1.3450”,
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.
Buy low trader paid attention to the major line of
GBPUSD {1.4800 – 1.4750}, EURUSD {1.3300 – 1.3250}.
If the price is unable to trend upward, enter Short trade with SL of 10-20, take profit 80pips.
Take Note:
1. Breakout for Short and Long: To prevent false breakout, the price must breakout at least 10~15 pips and retrace back the EP before we can buy or sell.
2. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. The preference to enter market: “Aggressive trader” strategy will be the first choice, breakout for Long/Short will be second choice.
GBPUSD EURUSD Morning 26 March 2010
Night Trade Review
GBPUSD Breakout for Long and Aggressive trade invalid
Breakout for Short entered and profit over 60 pips.
EURUSD Breakout for Long invalid.
Breakout for Short entered and profit over 30 pips.
Setup for Aggressive trade fulfill but over operating time of 12.30am.
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{1.4938}, SL {1.4901}, TP - 1.5033
Short - EP {1.4871}, SL {1.4919}, TP – 1.4768
EURUSD - Breakout Strategy
Long - EP{1.3398}, SL {1.3371}, TP- 1.3493.
Short - EP {1.3321}, SL {1.3369}, 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.
After 17:30 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1.4938}, EURUSD{1.3398}
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 “1.4920”,
EURUSD Sell - EP “1.3360”,
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 {1.4700-1.4750}, EURUSD {1.3250 – 1.3200}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.
The operating time:
Morning Analyse - 12.00pm until 18:30pm {GMT +8:00}
Night Analyse - 20:30 to 00:30 (12.30am)
GBPUSD EURUSD Night 24 March 2010
Morning Trade Review
GBPUSD Breakout for Long and Short invalid {don’t fulfill breakout at least 10~15 pips and retrace back the EP}
Aggressive entered and profit around 50pips.
EURUSD Breakout for Long invalid {don’t fulfill breakout at least 10~15 pips and retrace back the EP}
Breakout for Short entered and profit around 20 pips.
Aggressive trade failed to enter setup because at 1.3440 {don’t fulfill when the market is no longer going downward instead it reversed upward }
This morning GBPUSD and EURUSD moving totally opposite direction, this is obviously market maker’s intention to create false signal. They tried to false scene of push up GBPUSD to hide the fact of short EURUSD. Tonight most probably to continue move in these way.
Recommend strategy: "Sell High" + "Buy Low" by using the least stop loss to earn the most target profit.
GBPUSD - Breakout Strategy
Long - EP{1.5028}, SL {1.4991}, TP- 1.5123.
Short - EP {1.49211}, SL {1.4959}, TP – 1.4818
EURUSD - Breakout Strategy
Long - EP{1.3448}, SL {1.3421}, TP- 1.3543.
Short - EP {1.3331}, SL {1.3469}, TP- 1.3238
After 23:30 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1.5458}, EURUSD{1.3588}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.
After 23:15 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.
Aggresive trader
GBPUSD Sell - EP “1.5010”,
EURUSD Sell - EP “1.3420”,
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.
Buy low trader paid attention to the major line of
GBPUSD {1.4800 – 1.4750}, EURUSD {1.3150 – 1.3200}.
If the price is unable to trend upward, enter Short trade with SL of 10-20, take profit 80pips.
Take Note:
1. Breakout for Short and Long: To prevent false breakout, the price must breakout at least 10~15 pips and retrace back the EP before we can buy or sell.
2. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. The preference to enter market: “Aggressive trader” strategy will be the first choice, breakout for Long/Short will be second choice.
GBPUSD EURUSD Night 23 March 2010
Morning Trade Review
GBPUSD EURUSD Breakout for Long and Aggressive trade failed to enter setup.
Both currency pairs entered Breakout for Short and profit around 80pips.
Recommend strategy: "Buy Low" + "Sell High" by using the least stop loss to earn the most target profit.
GBPUSD - Breakout Strategy
Long - EP{1.4988}, SL {1.4951}, TP- 1.5093.
Short - EP {1.49211}, SL {1.4949}, TP – 1.4808
EURUSD - Breakout Strategy
Long - EP{1.3508}, SL {1.3571}, TP- 1.3623.
Short - EP {1.3431}, SL {1.3459}, TP- 1.3328
After 23:30 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1.4988}, EURUSD{1.3508}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.
(Attention) After 23:15 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.
Aggresive trader
GBPUSD Sell - EP “1.4940”,
EURUSD Sell - EP “1.3450”,
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.
Pay attention to the major line of
GBPUSD {1.5150 - 1.5200}, EURUSD {1.3600 – 1.3650}.
If the price is unable to trend upward, enter Short trade with SL of 10-20, take profit 80pips.
Take Note:
1. Breakout for Short and Long: To prevent false breakout, the price must breakout at least 10~15 pips and retrace back the EP before we can buy or sell.
2. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. The preference to enter market: “Aggressive trader” strategy will be the first choice, breakout for Long/Short will be second choice.
GBPUSD EURUSD Night 22 March 2010
Morning Trade Review
GBPUSD Breakout for Long and Aggressive trade failed to enter setup.
Breakout for Short entered and gained profit at least 30pips.
EURUSD Breakout for Long and Short failed to enter setup.
Breakout for Aggressive trade entered and profit at least 20 pips.
Hundred Pips Executor successfully accomplished mission.
Tonight focus will be on US Health system raised by President Barack Obama. Even though we can predicted most probably the system will be pass thru in the House, but the news can triggered the market to move rapidly. Keep the profit in pocket after gain because the news comes and leave anytime.
Recommend strategy: "Buy Low" + "Sell High" by using the least stop loss to earn the most target profit.
GBPUSD - Breakout Strategy
Long - EP{1.4988}, SL {1.4951}, TP- 1.5093.
Short - EP {1.4911}, SL {1.4949}, TP – 1.4808
EURUSD - Breakout Strategy
Long - EP{1.3518}, SL {1.35481}, TP- 1.3623.
Short - EP {1.3451}, SL {1.3489}, TP- 1.3358
After 23:15 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1.4988}, EURUSD{1.3518}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.
(Attention) After 23:15 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.
Aggresive trader
GBPUSD Sell - EP “1.4950”,
EURUSD Sell - EP “1.3470”,
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.
Pay attention to the major line of
GBPUSD {1.5150 - 1.5200}, EURUSD {1.3600 – 1.3650}.
If the price is unable to trend upward, enter Short trade with SL of 10-20, take profit 80pips.
Take Note:
1. Breakout for Short and Long: To prevent false breakout, the price must breakout at least 10~15 pips and retrace back the EP before we can buy or sell.
2. If hits SL, trader should wait for retrace of 10-20 pips {to play safe, low risk trader waits for retrace and break SL price again} to enter opposite trade – sell
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. The preference to enter market: “Aggressive trader” strategy will be the first choice, breakout for Long/Short will be second choice.
GBPUSD EURUSD Morning Analyse – 22 March 2010
Congratulation to traders earn more than 100 pips last Friday. {Experience traders can earn up to 300pips}
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{1.5088}, SL {1.5061}, TP - 1.5183
Short - EP {1.5001}, SL {1.5039}, TP – 1.4908
EURUSD - Breakout Strategy
Long - EP{1.3588}, SL {1.3561}, TP- 1.3683.
Short - EP {1.3511}, SL {1.3549}, TP- 1.3418
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 17:15 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1.5088}, EURUSD{1.3588}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.
After 17:15 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.
Aggresive trader
GBPUSD Sell - EP “1.5070”,
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 {1.4850-1.4800}, EURUSD {1.3400 – 1.3550}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.
GBPUSD EURUSD Night 17 March 2010
Morning Trade Review
GBPUSD Breakout for Short and Aggressive trade was invalid {the market is no longer going upward instead it reversed downward }
Breakout for Long entered and gained profit around than 60 pips.
EURUSD Breakout for Long and Short failed to enter setup.
Aggressive trade entered and gained profit around than 30 pips.
Breakout for Long entered but profit is very less or no win no lose {close trade if cannot break the lowest price in 3 hours time, observe the direction before re-enter again}
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{1.5468}, SL {1.5441}, TP- 1.5573.
Short - EP {1.5311}, SL {1.5339}, TP – 1.5208
EURUSD - Breakout Strategy
Long - EP{1.3838}, SL {1.3811}, TP- 1.3943.
Short - EP {1.3751}, SL {1.3789}, TP- 1.3658
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 23:15 {GMT +8:00 Singapore} the market trends up but failed to break
GBPUSD{1.5468}, EURUSD{1.3838}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 pips away from EP.
After 23:15 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.
Aggresive trader
GBPUSD Sell - EP “1.5430”,
EURUSD Sell - EP “1.3820”,
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. The preference to enter market: “Aggressive trader” strategy will be the first choice, breakout for Long/Short will be second choice.
Buy Low trader pays attention to the major line of
GBPUSD {1.5200 - 1.5150}, EURUSD {1.3650 – 1.3700}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.
GBPUSD EURUSD Morning 17 March 2010
Night Trade Review
GBPUSD Breakout for Short and Long failed to enter setup.
Aggressive trade entered and but profit is very less or no win no lose {close trade if cannot break the lowest price in 3 hours time, observe the direction before re-enter again}
EURUSD Breakout for Short and Long 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{1.5318}, SL {1.5291}, TP - 1.5423
Short - EP {1.5191}, SL {1.5229}, TP – 1.5078
EURUSD - Breakout Strategy
Long - EP{1.3838}, SL {1.3811}, TP- 1.3943.
Short - EP {1.3751}, SL {1.3789}, TP- 1.3648
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{1.5318}, EURUSD{1.3838}
Waiting for the direction to reverse and trends down before enter a Short trade, SL is 28 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 “1.5290”,
EURUSD Sell - EP “1.3820”,
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 {1.5100-1.5050}, EURUSD {1.3700 – 1.3650}.
If the price is unable to breakout, enter Long trade with SL of 10-20, take profit after price retraced.
The operating time:
Morning Analyse - 12.00pm until 18:30pm {GMT +8:00}
Night Analyse - 20:30 to 00:30 (12.30am)