Let's see how our trade went today, remember that we predicted a BUY today. You can review the post on my blog at http://piptrain.blogspot.com/2008/03/eurusd-signal-for-tuesday-11th-march.html and we can view the chart and how the market reacted during the duration of our signal, that is between 6:00 GMT-10:00 GMT.
well if we need to analyze today's trade I'll say this is one of my good days. On ENTRY our price was 1.5361, and let's not forget our our position was opened for a LONG. This therefore means that our if you look at the market our STOP LOSS of 30 PIPS was not touched. Within the coming hours our market moved in our DIRECTION and we saw a HIGH of 1.5493, and we got EXITED on our EXIT TIME AT 10:00 GMT when the market was 1.5477. Lets do the PIPS CALCULATION and lets see what that means for us. We definitely made some over 90 pips, well some of you who had their TAKE PROFITS SET AROUND OUR TARGET 90 PIPS TAKE PPROFIT GOT OUT OF THE MARKET.
GREAT DAY FOR ME I MUST SAY, I CAN'T REALLY TELL ALL OF YOU HOW MANY TRADES/POSITIONS I GOT OPENED.
WELL LET'S SEE HOW TOMORROW WOULD LOOK LIKE...... LET ME SAY HERE THAT IF I DON'T GET COMMENTS ON MY BLOG ABOUT THE SIGNALS I MIGHT JUST DISCONTINUE, I'M NOT GETTING THE MOTIVATION I NEED. PLEASE DROP YOUR COMMENTS.
SIGNAL FOR WEDNESDAY MARCH 12, 2008
Let's keep our heads high and beat our brokers to the GAME, keep your account busy with withdrawal requests. SOON I TELL YOU YOUR BROKER WOULD HAVE NO CHOICE BUT TO CALL YOUR ON YOUR CELLULAR. 
ENTRY TIME: 6:00 GMT
EXIT TIME: 10:00 GMT
BUY EUR/USD @ MARKET PRICE @ 6:00 GMT
RESISTANCE LEVEL 1 @ 1.5363 SUPPORT LEVEL 1 @ 1.5332
RESISTANCE LEVEL 2 @ 1.5388 SUPPORT LEVEL 2 @ 1.5283
RESISTANCE LEVEL 3 @ 1.5388
RESISTANCE LEVEL 4 @ 1.5412
RESISTANCE LEVEL 5 @ 1.5493
Make sure positions are HELD and STOP LOSS are CORRECTED to SECURE PROFITS. I DONT HAVE TO RESOUND THIS SOME OF YOU SAW WHAT HAPPENED LAST WEEK.
STOP LOSS: 30 PIPS
TAKE PROFIT: 90 PIPS
Lets stay professional and make some GREENS.
GOODLUCK 
1 comment:
Hi PipsCollector, just discovered your blog, great stuff!
Just a few questions,
Q1. Why do you use GMT, I presume it is Greenwich Mean Time..
Q2. open trade at 6.00 means 06.00 AM not 18.00?
Q3, I tried to check your price of the exit at 10.00 and it looked like it wasw at the close of the 10.00 hour candle ie. at 11.00.
I'd like to keep reading your blog but do you have a simple FAQ. or instructon somewhere on how you handle the entry, target, exit and set and move stops etc.
Keep it up!
Scandiman
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