Tag Archives: course
193 Pips On Thursday For One Of My Students.
Hi folks, apologies for not updating the site but i have been very busy during the week and i have been enjoying my weekends. I got into this business to have more free time, but since i have started teaching i am getting less of it. 🙂
I do enjoy teaching though, and it gives me great pleasure to see my students doing well. Its also summer, and i want to be out enjoying the weather while it lasts. I do like the nice weather and we get so little of it in the UK, so i am trying to make the most of it before the long winter comes along.
Trading over the last few weeks and been good, not as good as it should be as i have been focusing on helping my guys understand what i teach, and i don’t teach and trade at the same time, but i have still banked over 700 pips so far this month. Considering i have been out enjoying the sun and teaching for most of the month, i am quite happy with that. Its not all about the money, its about enjoying life too.
My students are doing very well though, my best student made 193 pips on Thursday, and regularly gets over 100 pips per day. I am over the moon with his progress so far, and he will have many 200 pips plus days i am sure of that.
My target, and the target of all my students is 100 pips per week, but if you get stuck in you can easily make 100 pips per day. A lot of people who read this blog do not believe how successful my stuff is, and how well it works, but if you decide to trust me and come on board, you will soon see how powerful my stuff is, and how easy trading can be when you understand how to read the charts. My guys are taking their trading to a whole new level based on what i teach them.
Its very rewarding for me to know that i am teaching a method that works consistently for every person that uses it. I know it works, as i have been trading like this for years, but when you are teaching someone else how to trade, you always worry that they will not understand it, or you may not be able to convey the information. But so far so good, all of my guys are learning my stuff, and are very happy with how i teach it.
So if you are reading this post and you are one of the 95% that are struggling to make consistent profits from your Forex trading, please get in touch with me. I can guarantee 100% that what i teach you will take your trading to a whole new level, and your investment in my Forex training course will be the best investment that you will ever make in your Forex education. 🙂
Weekend Trading Update. 14 Trades 463 Pips.
Its not been a great week trades wise. I have had to look at another 2 pairs this week to get my pips up a bit. I traded Ozzy Yen and Dollar Yen this week, along with my regular 4 pairs. I am going to start trading those 2 pairs full time from next week i think. So i will be trading 6 pairs in total.
It was a pretty quiet start to the week. Tuesday was a funny day again this week. That’s 3 weeks in a row now that i have struggled to get a trade on Tuesday. We did have a good end to the week though with some nice trades on Thursday and Friday.
Here are the trades i took this week.
Monday i took 2 trades for a total of 47 pips. I took Dollar Yen long at 9331 up to 9352 for 21 pips. I also took Euro Yen long at 11956 up to 11982 for 26 pips.
Tuesday i managed to get one little trade on Euro Dollar long at 12834 up to 12849 for 15 pips.
Wednesday i took 2 trades for a total of 69 pips. I took Cable long at 15102 up to 15140 for 38 pips. I also took AUD JPY long at 9703 up to 9734 for 31 pips.
Thursday was a good day. I took 6 trades for a total of 210 pips. I did get a loser on Thursday though on Euro Yen, which i closed for a 6 pip loss. I took EJ short at 12237 down to 12223 for 14 pips. I took it short again at 12254 down to 12244 for 10 pips. I also took Euro Dollar long at 12747 up to 12766 for 19 pips. I also took AUD long at 10386 up to 10433 for 47 pips. I also took EJ long at 12396 up to 12522 for 126 pips, this trade was closed automatically early Friday morning. My loser was EJ short at 12219 which i closed at 12225 for 6 pips loss.
Friday was another good day. I took 3 trades for a total of 122 pips. I took Cable long at 15200 up to 15238 for 38 pips. I also took EJ long at 12543 up to 12597 for 54 pips. I also took AUD long at 13055 up to 13085 for 30 pips.
Total trades for the week 14. Total pips 463.
If you want to learn how to trade with high probability please see my Forex training course.
If you are trading next week, have a great week. 🙂
Weekend Update. Euro Rallies On Speculation Of Cyprus Resolution.
The Cyprus problem is still with us, but Euro pairs rallied today on speculation that a resolution to the bailout problem would be forthcoming.
Discussions are currently on going and the latest word on the street, is that they will have a deal either tonight, or at some point over the weekend.
They need to find approximately 6 billion Euros for their share of the EU bailout proposal, and the idea of taxing bank deposits to get that money did not go down very well with the Russians, or Cypriot savers. So this i feel is the problem. They need to tax deposits in such a way as to keep the majority happy. I believe the solution will be to take a higher tax from the most wealthy individuals, thus upsetting a few that can well afford the tax, rather than hitting the many that cannot.
I have had a good trading week. I did get a losing trade on Euro Yen yesterday which cost me 30 pips, but i more than made up for that today with 3 Yen trades for 129 pips.
Here is the update for the week.
Monday i took 2 trades, both on Euro Dollar. I took it long at 12935 up to 12970 for 35 pips. I also took it short at 12993 down to 12950 for 43 pips.
Tuesday did not look at all promising at the start, and i did not think i would get a trade as the markets were going sideways in a pretty tight range. The price action was very poor. We did get a bit of movement late on, which gave me 2 long trades. I took Euro long at 12846 up to 12886 for 40 pips. I also took EJ long at 12186 up to 12250 for 64 pips.
Wednesday i had 3 little trades. One Cable long at 15039 up to 15070 for 31 pips. I also took EJ short 12392 down to 12362 for 30 pips. I then took EJ short again at 12445 down to 12414 for 31 pips.
Thursday i took EJ long at 12396 which i closed out at 12366 for a 30 pip loss. 🙁 I then took EJ long again at 12310 up to 12349 which gave me 39 pips. I then took it long again at 12274 up to 12311 which gave me 37 pips.
Losing trades are not nice, but they do happen from time to time, but if you have a good understanding of the markets you can quickly recover from a losing trade. It used to really bother me when i had losing trades, but because i have complete confidence in what i do, i know i can recover the lost pips easily.
Today was a good day. I could have had 300 pips plus today if i had held on to my long Yen positions, but at the time we were in a strong downtrend, and i thought it prudent to bank my pips just in case the Yen pairs continued the move down.
The first trade of the day was Euro Yen long at 12185 up to 12225 for 40 pips. This trade did go against me initially, but i was confident it would be a winning trade so i held onto it and added to it at 12156. I closed that position at 12225 for 69 pips. I also took at little trade on Dollar Yen at 94.30 which i closed at 94.50 for 20 pips.
Total trades for the week 13. 12 winners 1 loser. Total pips 449.
Don’t forget, if you want to learn how to trade Forex the right way, please consider my Forex training course. It will be the best investment in the Forex business you will ever make, i can guarantee that. 🙂