Archive for April 1st, 2010

Learn Forex from the Real Trader

If you have been observant enough, you will see that there are many trading courses advertise on newspaper and internet websites. Are those educators as good as they claim to be? Are those educators profitable traders themselves?

Well I doubt so, because these educators do not show their trades publicly, how do I know if they are good? Only profitable traders are qualified to be trading educators.

We are the few forex educators who post our trades publicly (in our website here). We post both our winning and losing trades. As you can see below, we do not have 100% success rate but we have more wins than losses. Hence this shows that we have a proven strategy.

If you are interested to learn this strategy from a real trader, send email to us at metal.commodity@tradingeducationprogram.org.

Track Records:

150 pips profit generated in the month of March 2010: See here.

259 pips profit generated in the month of February 2010: See here.

324 pips profit generated in the month of January 2010: See here.

591 pips loss generated in the month of December 2009: See here.

96 pips profit generated in the month of November 2009: See here.

171 pips loss generated in the month of October 2009: See here.

490 pips profit generated in the month of September 2009: See here.

327 pips profit generated in the month of August 2009: See here.

228 pips loss generated in the month of July 2009: See here.

1259 pips profit generated in the month of June 2009: See here.

24 pips profit generated in the month of May 2009: See here.

313 pips loss generated in the month of April 2009: See here.

345 pips profit generated in the month of March 2009: See here.

525 pips profit generated in the month of February 2009: See here.

317 pips loss generated in the month of January 2009: See here.

699 pips profit generated in the month of December 2008: See here.

857 pips profit generated in the month of November 2008: See here

781 pips profit generated in the month of August – October 2008: See here

Next RBA Meeting

RBA will conduct their next interest rate meeting on 4 April 2010. Only 5 out of 19 economists have predicted  that RBA will increase interest rate. If RBA does not increase interest rate, AUDUSD may fall.

Learn Forex: Profited USD1500 in March 2010

150 pips profit was generated for the month of March 2010. 12 trades were executed: 8 trades won and 4 trades lost.

If you are trading 1 full contract (100,000) per trade, your profit for 150 pips will be around US$1500.

Here are the details of my trades:

1. EURUSD: 25 Pips Profit

I have been holding onto this trade for a few days.
Closed my trade at 1.3422, profit is 25 pips.

Original:

Sell EURUSD at 1.3447
Stop level at 1.3540
Target level at 1.3240

2. USDCHF: 101 Pips Profit

CCI shows that USDCHF is overbought so we decide to take profit. Closed USDCHF at 1.0715, profit is 101 pips.

Original:

Buy USDCHF at 1.0614
Stop level at 1.0480
Target level at 1.0800

3. AUDUSD: 54 Pips Profit

There is rumour that US is going to rise discount rate, if this happens, USD will appreciate across the board. So decide to close my trade now. Closed at 0.9214, profit is 54 pips.

Original:

Buy AUDUSD at 0.9160
Stop level at 0.9080
Target level at 0.9260

4. EURUSD: 70 Pips Loss

Stop has triggered, loss is 70 pips.

Original:

Buy EURUSD at 1.3662
Stop level at 1.3592
Target level at 1.3780

5. EURUSD: 84 Pips Loss

Stop has triggered, loss is 84 pips.

Original:

Buy EURUSD at 1.3774

Stop level at 1.3690

Target level at 1.3880

6. EURUSD: 88 Pips Loss

Stop has triggered, loss is 88 pips.

Original:

Sell EURUSD at 1.3642
Stop level at 1.3730
Target level at 1.3530

7. EURUSD: 56 Pips Profit

Currently indicators are looking overbought, so decide to take profit. Closed at 1.3668, profit is 56 pips.

Original:

Buy EURUSD at 1.3612
Stop level at 1.3543
Target level at 1.3718

8. EURUSD: 27 Pips Profit

EURUSD looks weak. I decide to close my position at current price.
Closed at 1.3580, profit is 27 pips.

Original:

Buy EURUSD at 1.3553
Stop level at 1.3473
Target level at 1.3653

9. EURUSD: 32 Pips Loss

EURUSD keeps rising after I had shorted. Decides to cut loss.
Closed at 1.3685, loss is 32 pips.

Original:

Sell EURUSD at 1.3653
Stop level at 1.3720
Target level at 1.3552

10. EURUSD: 100 Pips Profit

Target level at 1.3689 was reached, proft is 100 pips.

Original:

Buy EURUSD at 1.3589
Stop level at 1.3489
Target level at 1.3689

10. EURUSD: 29 Pips Loss

Price action looks pretty strong for EURUSD.
Decides to cut loss. Closed at 1.3673, loss is 29 pips.

Original:

Sell EURUSD at 1.3644

Stop level at 1.3720

Target level at 1.3544

11. EURUSD: 35 Pips Profit

There is a resistance at 1.3580 forming.
I closed my EURUSD at 1.3561, profit is 35 pips.

Original:

Buy EURUSD at 1.3526
Stop level at 1.3430
Target level at 1.3630

12. EURUSD: 55 Pips Profit

Reserves Bank of Australia is going to announce interest rate decision today. This announcement is going to affect USD movement. Since my EURUSD trade is sitting on decent profit, I decide to lock in my profit. Closed my EURUSD at 1.3562, profit is 55 pips.

Original:

Buy EURUSD at 1.3507
Stop level at 1.3440
Target level at 1.3600

All of my trades are executed based on fully tested trading system based on real life experience.

If you are interested to learn about this trading system, send an email to me at metal.commodity@tradingeducationprogram.org to sign up for my Trading Education Program.