Tuesday, 17 June 2014

RE-ENGINEERING





NEVER ALLOW LOSING TRADE TO RUN IF YOU ARE NOT SURE IT WILL  TURN BACK

In my first post i told you the job of a mechanic. They repair and that was what i quickly did in the morning with EUR. Once you discover your vehicle has a mechanical problem, you take it to the mechanic who will carry out a repair. I woke up this morning to see that i have misread the EUR/usd.I had to do a quick repair and that it paid off. That is the way to trade. Once you see you are going the wrong way the best thing to do is to accept you mistake and correct it. Don't start thinking it will reverse over time. That is not the way to trade Forex. That is the way i trade . There is no hundred per cent certainty in Forex.

I was able to recover my loss and made little gain. on EUR/usd. I went short as soon as i closed the losing trade. On the AUD/usd i closed the pair taking 30 pips. Okay for day trading. well i hope you did the same thing,

I hope you saw  i went long on USD/cad  well on the monthly its still running but on the day  trading i have closed with 12 pip.
Unfortunately i can only show you my trade on demo. But what i do on demo is what i do on live trade.

Enough for now.

See you at the next level
                                                           
UNCERTAINTY OF EURO

Right now am closing all my trade on euro I think it will continue with the downward trend for the rest of the day unless something happens. I misread the chart. It retested that price level and could not break it So please if you are trading it at all go south (sell) on the daily

see what is happening in the chat and take note of the yellow line Until it breaks that price level the price will remain in the south though for a short period. If you are a day trader please close your trade on AUD/usd it might start retracing any time from now.

Best of luck







Monday, 16 June 2014



                                              DID YOU MAKE ANY PROFIT TODAY?

I posted the comment below at exactly 7.43 (check the time yourself) . I told you AUD/usd will go up but will end down south for the day. I think the highest probability is that the downward movement will continue today.

For the Eur/usd am still recommeding you go  long . For the GBP/usd,  let me see the chart just give me a minute. Oh thanks for your patience am back. I think you should just stay away for today the 17th June 2014.

Now remember this is not cast in iron am only giving you  this for the purpose of education. So dont hold me responsible for anything. Now just look at the chart below it will give you an idea of what am talking about.

See You At The Next Level.


Well pix speak louder than voice.
                                                            


AUD/usd

This pair will temporarily go up, may be for four to eight hours today before resuming southward.
on the one hour and four hours the trend is up. But on daily there is strong indication that it will end up down.

That is what i see happening temporarily. But for my killer T.F, that is monthly T.F , i still believe the trend is up.

Now for GBP/usd . There is strong indication that it will soon start temporary southward movement before resuming North again.

I strongly recommend  that you go north on EUR/usd.

So be that as it may i want you to know that forex is a very risky investment and you should not invest more than you can afford to lose. Past history may not be a guarantee for success .

Please don't forget to see me at the next level.

Thursday, 12 June 2014

                                        




                                          HOW MUCH PROFIT HAVE YOU MADE

If you are wise enough you would have been making some profits by now. How do i mean ?
Since i last posted the monthly chart i expected that you would have read the chart properly and would have been making profit by now. Now if you studied  the chart properly . You would have known that AUD/usd will go long for a very long time probably in the next one year. It is as simple as that . I like to keep things so simple and Forex is the simplest way to make money. If you are patient enough.

 Now what you will do is to go straight to the chart and study it, but i will advice you don't jump into the market yet go to weekly and watch out for pullback but i don't think there is any for now so you can just swim with the shark.

The highest probability according to my indicator is that the trend is up.

Hope to see you at the next level.

Wednesday, 11 June 2014

90% Winning Strategy



                                    I Bet If You Are Patient You Will Profit 90% Of The time

Sorry its been quite sometime now. I have been very busy studying and training people on Forex.
I love Forex so much because once you know what you are doing (emphasis on what you are doing) you don't need to engage in 247 job. Well i need to proof to you that i trade what i teach and i teach what i trade in Forex. So to proof this i have brought in an evidence of some of the trades am doing. Because my pattern also work in smaller time frame. So let's go there.



I brought this chart so that when am explaining you will understand what am talking about. I don't know what you are able to deduce from the previous graph i posted. But let me quickly explain how it has been working for me.
Now there in an indicator i use to determine when trend start  'nothing difficult', once the trend is established i wait for the pull back and also wait for the the price to return to  close on the wave , then i will pull the trigger. Simple as abc. That is the way it works in all time frame. Now can you see how the wave and the price have been pulling back and going back up. this is why i said you must be patient no matter ht T.F you are trading in Forex. Don't trade the pull back be sure to stay with trend.

If you study the monthly T.F i brought before you will also notice the pull back and continuation pattern happening around the wave.
For 90% profit monthly T.F is the most reliable T.F in Forex.

Well i will be waiting for you at the next level see you there. Let me know what you feel

Monday, 2 June 2014

PICTURE SAYS A LOT THAN WORDS


                                                         See What Am Talking About



 
See am not going to say much. The assignment am going to give you is to analyze the Forex chart below.
If you can read the chart successfully then you are on your war to trading forex successfully.
You can drop comments if you like. But what i really want you to do is to figure out how you think you can use this Forex chat to your advantage. I reserve my own comment for now. but definitely the next time i come to this blog. the  only thing am going to do is to explain the Forex chat below.


Love you all byeeeeeeeeeeeee