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EURUSD in Daily Chart has broken the trendline (red line). It is broken. The price is projected to move down from current price to 1.0575
Entry at 1.0805
SL 1.0835
TP 1.0575
You need to lock to breakeven when the profit reach +30 pips, move the Stop Loss = Entry price.
This strategy will secure you in the long run.
Happy Pips…
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AUDJPY has Forex Trading Signals.
Just trade this. For Monthly charts, AUDJPY is very bearish.
Sell AUDJPY now.
USD Index in weekly charts are showing uptrend, and it breaks the “all time high”. Yesterday daily close is confirming that the up trend may continue in weeks. Forex Analysis.
The USD Index is related with USD currency. If it went up, the USD was getting stronger.
I do not trade USD Index.
So it means the strength may lead to EURUSD moving down, GBPUSD moving down, AUDUSD moving down NZDUSD moving down. And USDCAD will move up.
I do not see any trade signal yet in H4 within those currency. But there is signal in AUDUSD H1 and NZDUSD H1. You may look into it if you like to.
USDJPY is quite different because the JPY is stronger than USD. So the USDJPY is still moving down. The all time support will be 116. See if the price could break 116.
No trade yet according to trading system Fibonacci
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NZDJPY continues downtrend. THis is a H1 entry and the target will be 74. It is 300 pips. So don’t miss
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EURUSD So far showing a little upward movement. if it brook the trend line (red) on top, then it might going up a bit. I do not have any direction yet for EURUSD until the price free from the “red” triangle.
Some people like to trade on broken triangle. But I do not.
Trade suggestion: None.
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I have exited from my position of NZDJPY and the gain is around 350 pips. With the stop loss only 60 pips, if the risk is 3%, with the proper money management the profit will be 350 / 60 = 5.83 x 3% = 17.5%. This is quite high result. It is a very good result for the first year.
We normally set monthly profit target 7.5% to 12.5%, if we can achieve it early, then we do not trade for the whole months. It means I might not trade again for this month.
I am seeing potential correction at the moment.
If you see the “Candle stick”, that’s the candle stick for exit. The signal that the trend has ended.
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If you have free money at least US$ 1,000,000, I can introduce you to a professional forex fund manager. Make sure the money is free money, which you are not going to use it for at least 1 year. So you can have forex managed accounts.
He is name is Yeo Keong Hee, CFA. from Singapore.
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After achieving a first class honours degree from NUS (Engineering), Keong Hee started out working for the Government Investment Corporation (GIC) of Singapore as an analyst. At that time, he started out trading foreign exchange currencies (forex) as a hobby (with a capital of US$10,000) and as a way to make some side income. Within one year, he mastered the skill of trading and was making more money than his full time job. he had turned his US$10,000 capital into US$300,000. This guys now works a few hours a week from home and makes an average of US$15,000 to US$20,000 a month. At the age of 30+, he bought a huge piece of land and built a multi-million dollar bungalow where he trades at home from. Definitely, someone you want to learn from. He is going to show you how anyone can learn to trade forex profitably in today’s uncertain financial markets. |
He is also an author of 2 books:
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Monthly profit is normally ranged from 7.5% to 12.5%. The money will be kept for 1 year, and he will trade compounded, So the return will be maximal within 1 year.
For Example, if the profit is 10% each month.
| Month | Balance |
| 1 | $1,100,000 |
| 2 | $1,210,000 |
| 3 | $1,331,000 |
| 4 | $1,464,100 |
| 5 | $1,610,510 |
| 6 | $1,771,561 |
| 7 | $1,948,717 |
| 8 | $2,143,588 |
| 9 | $2,357,947 |
| 10 | $2,593,742 |
| 11 | $2,853,116 |
| 12 | $3,138,428 |
So with only 10% profit a month, Annual profit will be 200%. This is just to illustrate what is profit compounding. The outcome of the trades may vary and result of the past performance might be different in the future.
There is a profit sharing between you and Keong Hee at the end of 1 year. This should be discussed with him directly.
The trading histories will be provided upon request of interest. So you can checked if the trades were real or not.
Broker is your choice. Money goes to your broker and he does not have any authority to withdraw it.
You can send email to this address: forextrading at shopthings.com for interest. Everyone from any countries can join.
For those will less money, I think you need to learn here with me. I will provide free education and tools.
Forex Manage Accounts
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This is the result so far of the 2 trades I made. NZDJPY is 219 pips and EURUSD 100 pips. If we are using the risk = 3% with proper money management:
NZDJPY with SL 60 pips, it shall make you 219 / 60 = 3.65 x 3% = 10.95%
EURUSD with SL 25 pips, it shall make you 100 / 25 = 4 x 3% = 12%
So the profits will be 22.95%.
It is more than enough to stop trading for the whole months.
Do you know how if it hits the Take Profit (TP)? It is still half of its journey.
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Trend EURUSD confirmed to be bearish at the moment, and the down movement has been significant strong enough actually. Just now it opens a little bit of corrections, I might enter the trade, not in the position that I normally take.
Sell EURUSD now at 1.0820
SL 1.0845
TP 1.0567 (Final)
As usual, my stop loss is only 25 pips. I am going to lock if the profit is +25 pips, and let the trade to ride. This is a daily chart movement as well.
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NZDJPY on daily chart shows a fibonacci level, and resist at 50% 82.41. It broke the up trend line today, and so the trades is triggered.
Sell NZDJPY at 81.72
TP 75.52 (Final)
SL 82.31
So The stop Loss is only 60 pips. Lock it when it reach +60 Profit. So the trade will be Risk Free.
At the moment I write this signal, the trades already running in profit by 20 pips.
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