REVIEW OF THE WEEK GONE BY

Here is a review of what happened during the week of our signal. We had five days of free signal for the EUR/USD pair.

1. Monday 18th Feb, 2008. we had a good day with 44 pips go to http://piptrain.blogspot.com/2008/02/eurusd-signal-for-monday-18th-feb-2008.html to confirm this.

2. Tuesday also had a 44 pips gain for us, check this out by analyzing the trade on http://piptrain.blogspot.com/2008/02/eurusd-signal-for-tuesday-19th-feb-2008.html

3. Wednesday wasn't that good as we got closed out on some minuses of -5 pips, verify this at http://piptrain.blogspot.com/2008/02/eurusd-signal-for-weds-20th-feb-2008.html

4. We got caught at our stop loss at 9:00Hr GMT using the 1Hr Candle stick at 1.4758 see our signal link at http://piptrain.blogspot.com/2008/02/eurusd-signal-for-thurds-feb-21st-2008.html

5. Our last trade for the day was SELL signal, http://piptrain.blogspot.com/2008/02/eurusd-signal-for-friday-22-feb-2008.html and we also got hit on STOP LOSS.

So far lets see how many pips we made during the week so far, doing some little arithmetic of (44+44-5-30-30) you'll get 23 pips. I think that's better than blowing up your account in week.

Stay tuned as I bring some more free signals for the week ahead. Lets stay focused and stay on the GREENS.

EUR/USD SIGNAL FOR FRIDAY 22 FEB, 2008

ENTRY TIME: 6:00-10:00 GMT

SELL EUR/USD @ 1.4810

 

Hold Position and move Stop Loss within signal period to secure Profits.

Support 1 @ 1.4784                   Resistance Level 1 @ 1.4838

Support 2 @ 1.4753

Support 3 @ 1.4726

Support 4 @ 1.4700

Support 5 @ 1.4615

Notwithstanding the price at our ENTRY TIME, my signal is a SELL.

Post Comments about TRADES. 

 

GOODLUCK

Analysis Of Signal For EUR/USD Day 4

The Day 4 Analysis hit us on Stop Loss at our Exit Time of 10:00Hr GMT. Lets look at what happened and analyzed the event so far during the period of SIGNAL.

You can look at what our SIGNAL SUGGESTED at http://piptrain.blogspot.com/2008/02/eurusd-signal-for-thurds-feb-21st-2008.html while we examine our signal for the day.

Our Entry Time was @ 6:00 Hrs GMT and looking at the chart you will notice that at that time the candle stick opened at 1.4720 and our Stop Loss at this Entry Would be at 1.4750, remember our 30 pips Stop Loss.

Our stop Loss was touched at the 9:15 Hr GMT candle Stick.

No stress traders, we're fine tuning our System. Wait and Stay tuned for Fridays Signal. 

EUR/USD SIGNAL FOR THURDS FEB 21st 2008

ENTRY TIME: 6:00-10:00 GMT

SELL EUR/USD @ 1.4720

Hold Position and move Stop Loss within signal period to secure Profits.

Support 1 @ 1.4701                  Resistance Level 1 @ 4756

Support 2 @  1.4684

Support 3 @ 1.4647

Support 4 @ 1.4614

I have to say here that just as one of the comments has suggested, I will advice that notwithstanding the price at the entry time, a SELL is the best TREND at this times.

Your Comments are highly solicited.

EXIT MARKET @ 10:00 GMT

GOODLUCK

Analysis of Signal Day 3 EUR/USD

I was responding to Michael's comment about  trend lines suggesting a sell, well that's right but looking at when this signals are generated you will discover that this is not put into play.

 

LETS LOOK AT WHAT HAPPENED TO OUR SIGNAL

We basically have entry points at 6:00 Hrs GMT and Exit Target Time at 10:00Hrs GMT.

I had talked about the fact that the entry price at 6:00 GMT may not be feasible sometimes, but however we enter trades at this Times notwithstanding if the price is ABOVE or BELOW our ENTRY TARGET.

View trade Signals http://piptrain.blogspot.com/2008/02/eurusd-signal-for-weds-20th-feb-2008.html 

Entry Points at 6:00Hr GMT with market opened at 1.4712 for the pair EUR/USD, this can be crosscheck on any chart. Market closed at 1.4707 when it was 10:00Hr GMT, this was our exit time.

But during the time duration market touched 1.4727, so maybe if some of you out there had moved stop loss to secure Loss. I believe that some would not secure LOSSES.

I'll keep you POSTED ON MY NEXT SIGNAL JUST BEFORE 21:00 Hr GMT. 

GOODLUCK       

EUR/USD Signal For Weds 20th Feb, 2008

Entry Time: 6:00-10:00 GMT

Buy EUR/USD @ 1.4730

Hold Position and move Stop Loss within signal period to secure Profits.

Resistance Level 1 @ 1.4753            Support 1 @ 1.4638

Resistance Level 2 @ 1.4829            Support 2 @ 1.4442

Resistance Level 3 @ 1.4947

Stop Loss__________ 30 Pips

Take Profit_________ 90 Pips

This system is Mechanical and should be adhered to, you can leave the market within the period of signal, but anything after signal duration would not be advised.

 

Your Comments are highly appreciated.

 

Exit Market @ 10:00GMT

GOODLUCK           

Pips Collector Result for Signal on Day 2 (Tuesday Feb 19th, 2008)

We had a great trading day on Monday as our Monday's trade made +44 pips on Exit, you can confirm Mondays trade on this blog on our weekly post corner.

Ok, today was also a good trading day for us all, as my buy signal that was posted on Monday around 21:00hr GMT was very profitable.

See signal details at http://piptrain.blogspot.com/2008/02/eurusd-signal-for-tuesday-19th-feb-2008.html

Our entry was target at Entry : Time: 6.00-10:00 GMT - Buy EUR/USD @ 1.4650

But on the Chart @ 6:00hr GMT our price was at 1.4697 EUR/USD, and the signals allows you to enter above or below the entry target, meanwhile:

Resistance Level 1 @ 1.4693          Support 1 @ 1.4628
Resistance Level 2 @ 1.4754          Support 2 @ 1.4559
Resistance Level 3 @ 1.4946          Support 3 @ 1.4439
Stop Loss 30 Pips
Take Profit 90 Pips

Exit Time @ 10:00hr GMT, was on 1.4741

And doing the mathematics involved you will discover that we made +44 pips even when our target of 90 Pips was not reached.... We still came out GREEN..... Post your response on this threads about questions or mail me on pipscollector92@gmail.com 

GOODLUCK SEE YOU ALL BEFORE 21:00hr GMT

EUR/USD Signal For Tuesday 19th Feb, 2008

Entry Time: 6.00-10:00 GMT

Buy EUR/USD @ 1.4650

Hold Position and move stop loss within signal duration to secure profits.

Resistance Level 1 @ 1.4693          Support 1 @ 1.4628

Resistance Level 2 @ 1.4754          Support 2 @ 1.4559

Resistance Level 3 @ 1.4946          Support 3 @ 1.4439

Stop Loss 30 Pips

Take Profit 90 Pips

This is a Mechanical System and should be followed strictly. Additional information would be given based on market conditions at this times.

Drop Comments here on the blog.   

Good luck 

Exit Market @ 10.00 GMT

EUR/USD Signal For Monday 18th Feb, 2008

Entry Time: 6.00-10.00 GMT

Sell EUR/USD @ 1.4683

Hold Position and move stop loss within Signal Period to secure gains.

Support 1 @ 1.4628             Resistance Level 1 @ 1.4708

Support 2 @ 1.4605

Support 3 @ 1.4574

Support 4 @ 1.4543

Support 5 @ 1.4440

Stop Loss 30 pips

Take Profit 90 pips

This is a Mechanical System and should be followed strictly. Additional information would be given based on market conditions at this times.

Exit Market @ 10.00 GMT

 

GOODLUCK