Trade Update
The eur/usd and eur/jpy short setups from last Friday have played out extremely well with over 100 pips on the eur/usd and over 300 on the eur/jpy. Make sure to take some profit as these are countertrend trades.
I would like to thank you for your support this last year and look forward to working with you in the coming year as we focus on getting some huge moves. One of the main keys in becoming a successful trader is learning how to read a chart and to see what's really going on in the market. That is what I hope to pass on to you as we continue working together. I will continue to focus on spotting professional activity and helping you identify high probability trend and countertrend trades with the Value Level Trade Alerts. Have a Safe and Happy New Year!
I would like to thank you for your support this last year and look forward to working with you in the coming year as we focus on getting some huge moves. One of the main keys in becoming a successful trader is learning how to read a chart and to see what's really going on in the market. That is what I hope to pass on to you as we continue working together. I will continue to focus on spotting professional activity and helping you identify high probability trend and countertrend trades with the Value Level Trade Alerts. Have a Safe and Happy New Year!
Labels: Forex Signals
thanks for taking the time to discuss your ideas in the forex market over the last year. i hope the new year brings joy to you and your family.
In the new year can we discuss more stops and target at the point of entry and why. Fibs. S/R. etc.
with that we can discuss Risk/Reward knowing were are stops and targets are.
thanks
Doug
Posted by
Anonymous |
December 31, 2007 10:51 AM
hi dear
thank you for good signal
hapy new year
Posted by
HASAN |
December 31, 2007 11:05 AM
The comment from Doug about having stops and targets predefined and why is not helpful. Your approach of having a broad brush entry range of 50 points or so and not defining stops is just great. I have taken your signals and have had some quite large pip losses well beyond where any normal stop criteria would have been placed and yet ended the trade with a good profit. Postions should be reveiwed each 24 hours to see if the market action is still in line with the expected outcome and if not then get out. Having stops fixed in place which always are where everyone else has their stops is just plain suicide and is just mana from heaven for the pros.
Weston
Posted by
Anonymous |
December 31, 2007 1:51 PM
hi , thank you for the well wishes and again thank you for the signals ,I have not done well with them due to in'experience and placing stops along with the constraints of a small account size , but when I see the results of the trades at completion I see that they are great calls and kick myself for not being confident enough to withstand the the back and forth of price movements, congratulations to all who did well with their trading and a great new year to all as well
Allan J
Posted by
Anonymous |
December 31, 2007 2:22 PM