HOW DID OUR BUY SIGNAL GO TODAY

Hi everyone out there let's analyze what happened TODAY, remember that we had FORECASTED a BUY SIGNAL for our usual pair the EUR/USD on the GENERATED SIGNAL. You can view this on the blog link 

For today's SIGNAL lets look at the chart to get a clear picture of the PRICE ACTIVITY, we need to see the 30mins CHART to get a vivid picture of what happened.

 

On the chart we would be able to see that on the signal we initiated our BUY at 6:00 GMT, and at the at time the market opened at 1.5399, we then saw an upward SPIKE in our direction and it touched a HIGH of 1.5430 and just as I advised CORECTION OF STOP LOSS IS VERY VITAL WHEN USING THIS SIGNAL. If that was adhered to it therefore means that we would have secured about 21 PIPS on the preceding DOWNWARD MOVE. I'm saying this due to the fact that we saw a DOWNWARD SPIKE on the next three 30mins CANDLE STICKS.

We latter saw the market touched a LOW of 1.5369 on the 8:00 GMT candle, which is unfortunately our SET STOP LOSS on ENTRY. It basically does not bother me due to my adherence of the CORRECTION OF STOP LOSS POLICY FOR THIS SIGNAL, AS IT'S VERY VITAL.

Let's look forward to the week ahead, and see how much we can accumulate into our PURSE, it wasn't bad today as I made 21 PIPS. I'll get back on the PIPS GENERATED SO FAR THIS WEEK ON THE SIGNAL on the BLOG.

 

GOODLUCK TRADERS      

EUR/USD SIGNAL FOR FRIDAY 7TH MARCH 2008

I hope we all had a very wonderful trading day today, lets see how tomorrow would turn out.

ENTRY TIME: 6:00-10:00 GMT

BUY EUR/USD @ MARKET PRICE @ 6:00 GMT

 

RESISTANCE LEVEL 1 @ 1.5377           SUPPORT LEVEL 1 @ 1.5322

                                                        SUPPORT LEVEL 2 @ 1.5322

                                                        SUPPORT LEVEL 3 @ 1.5288

                                                        SUPPORT LEVEL 4 @ 1.5261

                                                        SUPPORT LEVEL 5 @ 1.5234

                                                        SUPPORT LEVEL 6 @ 1.5145

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 TODAY.

STOP LOSS: 30 PIPS

TAKE PROFIT: 90 PIPS

Lets stay professional and make some GREENS.

GOODLUCK                         

HOW MANY PIPS DID YOU MAKE TODAY FOLKS ON OUR SIGNAL

Hi everyone, I just want to thank EVERYONE who has been behind me all this few weeks of my SIGNAL TEST. I will love to say that the fact that you take pain to come TRY OUT MY SYSTEM IS WORTH CONGRATULATING. THANKS FOLKS.

Today was a good day as well as the market CLOSED IN ON OUR EXIT TIME WITH PROFITS. As a matter fact I have sounded it here that this signal is not ONE OF THOSE ACCLAIMED SIGNALS THAT CAN GET YOU WEALTHY OVERNIGHT, but one that if built on can at least give GENERATE A MINIMUM OF 200% PROFITS ON ACCOUNT EQUITY AT THE END OF THE MONTH.

Nevertheless, let's see how the day went on the SIGNAL posted yesterday  http://piptrain.blogspot.com/2008/03/eurusd-signal-for-6th-march-2008.html for our usual pair EUR/USD. Below is the hourly EUR/USD pair and it's activity as of when last updated.

When our SIGNAL WAS TRIGGERED FOR THE BUY POSITION AT 6:00 GMT, market opened at 1.5295 and after that we saw an upward spike on the 8:00 GMT hourly time frame with an upward SPIKE of 1.5344 and if definitely you had heeded my advice of moving my STOP LOSS you will definitely get more PIPS OUT of the market. Meaning that our market went in our favor for 49 PIPS, so if you moved STOP LOSS in the direction of the TREND you will definitely must have secured some 38 PIPS.

Likewise, let's see where the market closed at the 10:00 GMT, that was where our SIGNAL EXITED THE MARKET, it closed us at 1.5319.

THAT WOULD MEAN THAT WE CLOSED ON 22 PIPS.

CHEERS ALL ON OUR GOOD TRADE, WATCH FOR MY NEXT SIGNAL WITHIN 21:00 GMT TODAY.

CHEERS        

EUR/USD SIGNAL FOR 6TH MARCH, 2008

I have to start by defining what happened during the day, that's TODAY. Our SIGNAL WENT WELL let me show you a picture of what happened during the SIGNAL DURATION (6:00-10:00 GMT).

Visit this LINK http://piptrain.blogspot.com/2008/03/eurusd-signal-for-wednesday-5th-march.html to see how the signal was forecasted on the BLOG yesterday.

And let me take you all through the PIP MAKING PROCESS TODAY. At 6:00 GMT the market OPENED @ 1.5193 and if you did visit the link you will see that it was a SELL that was forecasted for the pair between 6:00 ENTRY TIME, and 10:00 GMT EXIT TIME.

We further saw a DIVE in the market for the pair on the 8:00 GMT hourly candle STICK. The market touched a LOW of 1.5145 during the 8:00 GMT CANDLE STICK. REMEMBER THAT I HAD WARNED THAT TRADERS MOVE STOP LOSS DURING THE PERIOD TO SAFE GUARD PROFITS AND IF THAT WAS ACCURATELY DONE JUST AS I DID HERE ON MY SIDE, IT EVIDENTLY MEANS THAT YOU MUST HAVE SECURED SOME 35 PIPS  ON THE MINIMUM, FOR THIS PAIR TODAY.

WELL LATTER ON, THE MARKET RETRACED AND WE SAW AN UPWARD MOVEMENT THAT EVENTUALLY RESULTED IN THE MARKET CLOSING AT 1.5187 ON THE 10:00 GMT CANDLE, WHICH BASICALLY IS OUR EXIT TIME.

For those that don't adhere to simple instructions you made only 4 PIPS. That's a sorry TALE FOLKS. NO NEED SOBBING BECAUSE THERE'S ALWAYS ANOTHER GOOD DAY TO MAKE IT UP IN THE FX MARKET.

 

 

That brings us to the BUSINESS OF THE DAY. Better still the business of today that affects tomorrow.

Well to the business of tomorrow.

ENTRY TIME: 6:00-10:00 GMT

BUY EUR/USD MARKET PRICE @ 6:00 GMT

RESISTANCE LEVEL 1 @ 1.5300          SUPPORT LEVEL 1 @ 1.5263

                                                       SUPPORT LEVEL 2 @ 1.5241

                                                       SUPPORT LEVEL 3 @ 1.5223

                                                       SUPPORT LEVEL 3 @ 1.5203

                                                       SUPPORT LEVEL 4 @ 1.5145

 

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 TODAY.

STOP LOSS: 30 PIPS

TAKE PROFIT: 90 PIPS

Lets stay professional and make some GREENS.

GOODLUCK                         

EUR/USD SIGNAL FOR WEDNESDAY 5TH MARCH, 2008

Hey everyone we had a day that was pretty unfamiliar, looking at the fact that our SYSTEM has been bringing us some desired PIPS. Well basically I TELL PEOPLE that if you HAVE TO MAKE MONEY TRADING FOREX, YOU NEED TO STICK TO A SYSTEM FOR SOME TIME AND SEE HOW GOOD IT IS. THAT'S WHY BASICALLY WE SUBSCRIBE TO TRADING DEMO FOR SOME PERIOD OF ABOUT 3 MONTHS.

Well to the business of tomorrow.

ENTRY TIME: 6:00-10:00 GMT

SELL EUR/USD MARKET PRICE @ 6:00 GMT

RESISTANCE LEVEL 1 @ 1.5208        SUPPORT LEVEL 1 @ 1.5196

RESISTANCE LEVEL 2 @ 1.5223        SUPPORT LEVEL 2 @ 1.5183

RESISTANCE LEVEL 3 @ 1.5248        SUPPORT LEVEL 3 @ 1.5143

                                                     SUPPORT LEVEL 4 @ 1.5079

 

Make sure positions are HELD and STOP LOSS are CORRECTED to SECURE PROFITS. If some of you did that today, you would have avoided the upward spike we saw latter on after the MARKET HAD GONE DONE SOME FEW PIPS http://piptrain.blogspot.com/2008/03/what-happened-to-our-pair-today.html 

STOP LOSS: 30 PIPS

TAKE PROFIT: 90 PIPS

Lets stay professional and make some GREENS.

GOODLUCK                         

 

WHAT HAPPENED TO OUR PAIR TODAY?

Hi all, let's see how our trade went today. The market is actually waiting for the FED'S SPEECH for BIG BEN and INTEREST RATE STATEMENT from CANADA as at the time of the POST.

Well check our forecast out at http://piptrain.blogspot.com/2008/03/eurusd-signal-for-tuesday-4th-march.html basically we forecasted a SELL for the pair with ENTRY @ 6:00 GMT and EXIT @ 10:00 GMT.

Let's see how our charts reacted during these times.

 

Above is a Hourly chart of the EUR/USD and on the upward red arrow is the open hourly candle stick opening at 1.5186 and the lowest the market went from that point was on the next hourly candle stick with a low of 1.5173.

LET ME RESOUND HERE THAT IF SOME OF YOU ADHERED TO MY MOVE STOP LOSS POLICY DURING TRADE, IT WOULD BE REASONABLE TO SAY THAT YOU WOULD BE ABLE TO AVERT WHAT HAPPENED DURING THE NEXT CANDLE STICKS.

Having said that after that little downward TREND, we saw an upward SPIKE UNTILL OUR STOP LOSS that was originally set at 1.5216........ was touched during the rising market. The STOP LOSS was touched on the 12:00 GMT candle stick.

That's a PITY for all that did not move STOPL LOSS DURING THE DOWNTREND OF THE 7:00 GMT CANDLE STICK.

STAY TUNED FORO OUR NEXT SIGNAL AROUND 21:00 GMT.

CHEERS             

EUR/USD SIGNAL FOR TUESDAY, 4TH MARCH 2008

Well I basically careful not to make a HEADER mistake like the other YESTERDAY. So what do we EXPECT TODAY FOLKS tomorrow.

ENTRY TIME: 6:00-10:00 GMT

SELL EUR/USD MARKET PRICE @ 6:00 GMT

RESISTANCE LEVEL 1 @ 1.5273      SUPPORT LEVEL 1 @ 1.5226

                                                   SUPPORT LEVEL 2 @ 1.5197

                                                   SUPPORT LEVEL 3 @ 1.5173

                                                   SUPPORT LEVEL 4 @ 1.5151

Make sure positions are HELD and STOP LOSS are CORRECTED to SECURE PROFITS. I hope I don't have to resound this, and this would help us secure more profits and leave the market with OPTIMUM PIPS, because we are THE PIPS COLLECTORS.

STOP LOSS: 30 PIPS

TAKE PROFIT: 90 PIPS

Lets stay professional and make some GREENS.

GOODLUCK   

RESULT OF OUR MONDAY'S SIGNAL ON EUR/USD

We had a very GOOD TRADING DAY, lets see how the signal went for us all. First of all I'll love to apologize a little mistake on my BLOG SUBJECT IT READS: EUR/USD SIGNAL FOR MON. 2ND MARCH 2008 it was rather supposed to be EUR/USD SIGNAL FOR MON. 3RD MARCH 2008 this mistake I feel was eminent due to FACT that I POST these SIGNALS the previous day before the signals are entered the next day. LIKE SUNDAY WAS 2ND AND I POSTED THE SIGNALS ON SUNDAY THATS PROBABLY WHY I MADE THE MISTAKE AND STILL ENTERED THE SUNDAY'S DATE (2ND) INSTEAD OF 3RD.

check this out and the days signal as well on the blog link http://piptrain.blogspot.com/2008/03/eurusd-signal-for-mon-2nd-march-2008.html we had a SELL signal for MONDAY. Entry time was 6:00 GMT while EXIT TIME is 10:00. Let us see how the charts performed at this times.

 

 

The market OPENED @ 1.5212 at our ENTRY TIME of 6:00 GMT, so if you did what I ASKED you to do, then it would mean that your STOP LOSS would be SET at 1.5244, and the TAKE PROFIT WOULD BE 90 PIPS LOW. AT THE UPPER RED ARROW, I SHOWED WHERE THE MARKET OPENED AT THE ENTRY TIME. THE LOWWER UPPER ARROW SHOWS OUR EXIT CANDLE STICK AT 10:00 GMT. Well the market EXITED AT 1.5172. So if my calculations are right it means that the our expected EXIT PROFIT FOR MONDAY WOULD BE 38 PIPS ON EXIT.

SO LETS BE ALL HAPPY         

EUR/USD SIGNAL FOR MON. 2ND MARCH 2008

We are all in all HAPPY for the weeks gone by, as we have seen good trades and our overall results have been in the POSITIVE RANGE. Lets concentrate more and see how we keep our PIPS and make more PIPS. That's why they nicknamed me the PIPS COLLECTOR.

ENTRY TIME: 6:00-10:00 GMT

SELL EUR/USD MARKET PRICE @ 6:00 GMT

Make sure positions are HELD and STOP LOSS are CORRECTED to SECURE PROFITS. I hope I don't have to resound this, and this would help us secure more profits and leave the market with OPTIMUM PIPS, because we are THE PIPS COLLECTORS.

RESISTANCE LEVEL 1 @ 1.5199        SUPPORT LEVEL 1 @ 1.5176

RESISTANCE LEVEL 2 @ 1.5238        SUPPORT LEVEL 2 @ 1.5156

                                                     SUPPORT LEVEL 3 @ 1.5136

                                                     SUPPORT LEVEL 4 @ 1.5073

                                                     SUPPORT LEVEL 5 @ 1.4972

STOP LOSS: 30 PIPS

TAKE PROFIT: 90 PIPS

Tomorrow is going to be a generally BULLISH, and we would see the day's CLOSE HIGHER THAN THE DAY'S OPEN. Lets stay professional and make some GREENS.

 

GOODLUCK