|| We're Moving ||

We have moved to

http://forexsignals101.freeforums.org/

For all current traders under me, all you have to do is to register and let me know on MSN and i will activate your account.

if you cant get to me on MSN for any reasons u can reach me at
meowis@hotmail.com

||January Week 4 ||

We are slowly but surely making up for our losses from the previous week, Making net 50pips or so in profit this week. There will be change soon to the forum,

More Signals/day
More Accuracy
More PIPs

Hang in there =)

Jan 28th || Thursday || 9.13pm

Tips now :

Sell EURUSD @ 1.3990 - 1.4020 or above

TP @ 1.3950

SL @ 1.4090

Status : Hit TP (+50pips)

Jan 27th || Wednesday || 8.57pm

descending triangle (typo)

Tips Now :

Sell EURUSD @ 1.4070 - 1.4100

TP @ 1.4035

SL @ 1.4160


Status : Hit TP (+40pips)

Jan 26th || Tuesday || 9.08pm

Tips now :

Buy EURUSD @ 1.4070-1.4100

TP @ 1.4140



Status : Manually Closes @ 8:52pm 27th jan (+ 0 pips)

Jan 25th || Monday || 9.05pm

Tips now :

BUY EURUSD @ 1.4175 -1.4145

TP @ 1.4210

SL @ 1.4125

Status : Hit SL (-50pips)

|| Summary for Jan Week 3 ||

I apologize especially to all the newcomers for this bad week, we have lost about 100pips or more in total. The markets are not behaving normally and stopped trending this week. But please also learn more about money management in forex, Because if you dont you can be winning for the last 9 weeks and losing for this week only but u end up losing more money even though u won more times.

Jan 22nd || Friday || 6.15pm

Tips Now :

BUY EURUSD @ 1.4160 or below

TP @ 1.4200

SL @ 1.4090


Status : manually closed at 1.4125 (-35pips)

21st Jan || Thursday || 11.05pm

Tips now :

SELL EURUSD @ 1.4090 and above

TP @ 1.4010

SL @ 1.4150


Status : Closed manually @ 1.4040 (+60pips)

***there will be a tip tmr if the markets are good***

20th Jan || Wednesday || 10.21pm

Tips Now :

BUY GBPUSD @ 1.6285 and below

TP @ 1.6330

SL @ 1.6200


Status : hit SL (-70 pips)

19th Jan || Tuesday || 8.23pm

Tips now :

BUY EURUSD @ 1.4290 - 1.4320

TP @ 1.4350

SL @ 1.4250

Status : Hit SL (-60pips)

Jan 18th || Monday

No trades today, its a bank holiday, Martin Luther King day.

On US bank holidays, any forex pair associated with USD will not move much, so its good to avoid trading on these days.

We will resume tmr.

||Summary for Jan Week 2||

We have made 140 pips net including thursdays bad fundamental trade, really indecisive market that day. Another above average week. Have a great weekend and see you guys back on Monday!

Jan 14th || Thursday || 9.00pm

***This is a Fundamental trade - PLEASE TRADE BEFORE 9.25pm***

Big news coming out at 9.30 Singapore time, we are expecting good news for the US dollar. This would make EURUSD plunge down. Looking at a 80-100 pip profit.

REMINDER : Those who already have 100 pips for the week i suggest u keep it rather than lose.
Get a steady 100pips/week

Tips now :

Sell EURUSD at any rate

TP @ 1.4390

SL @ 1.4565

STATUS : CLOSED MANUALLY @ 9.33pm ( -30pips )

Jan 13th || Wednesday || 9.40pm

Tips now :

Sell EURUSD 1.4555 - 1.4590

TP @ 1.4505


Status : Hit TP (+70pips)

Jan12th || Tuesday || 9.00pm

Tips now :

Sell EURUSD @ 1.4485-1.4530

TP @ 1.4455

SL @ 1.4570

Status : Closed manually at 12noon sg time (+20pips)

11th Jan || Monday || 8.55pm

Converging MACD and Oversold indication on the RSI, and its hitting my trendline but not breaking, good sell indication, we will try 80-100pips for this.

Tips now :

Sell EURUSD @ 1.4510 - 1.4550

TP @ 1.4460


Status = Hit TP (+80 pips)

|| Summary for Jan Week 1 ||

Its been a very good week with over 120 pips net profit or more ( for those who won on monday instead ) Looking forward to more good weeks like this!

Recommend your friends or anyone to join our community and open an account, and i will compensate your efforts. You can contact me on MSN to find out more.

Have a nice weekend =D

Jan 8th || Friday || 9.45AM

Since i dozed off yesterday, heres a day trade to make up for it. Those who have made significant pips this week try not to trade anymore. Keep your pips rather than putting them at the risk of loss. Like in gambling u have to know when to stop.





Tips now :

BUY EURUSD @ 1.4300 - 1.4330

TP @ 1.4360

SL @ 1.4260


Status : Hit TP (+40pips)

6th Jan || Wednesday || 8.53PM

Tips now:

Buy EURUSD @ 1.4345 - 1.4365

TP @ 1.4400

SL @ 1.4270

Status = Hit TP (+40pips)

|| Forex Training - Head and Shoulders ||

Head and Shoulders is a pattern that forms in a chart consisting of 3 upward bulges, the highest being the one in the middle, as can be seen below :

This is yesterday's 1hr EU chart showing Head n Shoulders forming

Head and shoulders is an indicator showing that a reversal will occur once the HnS pattern is complete. Here is what happened yesterday after the HnS pattern came true :

Reversal of an Uptrend to a Downtrend

You can predict till where approximately it will reverse by taking the distance in pips between the highest head point and the neckline, and extending the same distance downwards :


As you can see it is still on the process of falling, but to be safe just make your TP as at 70% of the distance. (the lesser the safer) This is how we won yesterday. Below is an example of a Reverse Head and Shoulders pattern, which is the same concept but opposite visually and in trend change. (down to up trend)

Not easy to spot this one !

5th Jan || Tuesday || 9.27pm

Tips Now :

Sell EURUSD @ 1.4425 - 1.4450

TP @ 1.4360


Status : Hit TP ( +80 pips)

Jan 4th || Monday || 8.52PM

Tips Now :

Sell EURUSD @ 1.4395 - 1.4430

TP @ 1.4355

SL : 1.4460


Status : Hit SL (-50pips)
Hit TP (+50pips) on Wednesday 6th Jan if your trade did not hit SL on 5th

very unexpected results, next trade will be aiming for 80-100 pips to recover this loss.