I have moved this blog to the new site at (1) www.KoonLip.com, where I continue to chronicle my life journey after 26, and (2) www.ForexAsiaAcademy.com, where you see my graduates LIVE results.

Forex Asia Academy 2009

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Saturday, May 3, 2008

Post-NFP - 30 pips each


1. GBP/USD - Short @ 1.9768, Closed @ 1.9738 (30 pips)
2. GBP/USD - Short @ 1.9767, Closed @ 1.9737 (30 pips)

Friday, May 2, 2008

15 pips within 3 minutes

Today is the NFP day. Once again, you can see crazy moves within a short period of time.


GBP/USD - Short @ 1.9776, Closed @ 1.9761 (15 pips within 3 minutes)

WYNN options - 77% within 2 hours


As the earning results was supposed to be announced after market close yesterday, I entered into trading the options of Wynn (yup, the casino operator).

I entered a bit earlier for this gapping trade, but I also placed a Sell Limit (if it happened to hit it before market close). The Sell Limit was executed before market closed.

WYNN 120 Call - Bought @ 0.90, Sold @ predetermined limit 1.60 (77% within 2 hours)

19 pips (Because I was late)


This was a late late trade. Firstly, I entered more than 1 hour late (coz I was back late after watching 'Iron Man' with no PDA). Secondly, I exited almost 2 hours late (coz I was chatting with my pal over supper and forgetting about time).

GBP/USD - Short @ 1.9740, Closed @ 1.9721 (19 pips profit)

Thursday, May 1, 2008

46 Winning Pips within 34 minutes

Using the Powerful Forex Strategy I shared during my Forex Mastery Asia session, today's trade was another full profit take.

As I entered 4 minutes later with 4 pips less after the criteria was met. Instead of the full 50 pips, I managed to capture 46 pips. The preset PT was triggered.


GBP/USD - Long @ 1.9777, Closed @ 1.9823 (46 pips)

Wednesday, April 30, 2008

34 + 1 Pips


There are 2 trades in the above statements.

1. 'Options' Straddle Method on GBP/USD - Net 34 pips
(As I was in NAC, I rushed into the trade not seeing clearly which direction to head for. And thus, I used the 'Options' Straddle Method).
  • Long @ 1.9808, Closed @ predetermined stop loss 1.9777 (-31 pips)
  • Short @ 1.9803, Closed @ predetermined profit take 1.9738 (+65 pips)
2. Powerful Strategy I taught on GBP/USD - 1 pips
  • Short @ 1.9742, Closed @ 1.9741 (+1 pips)

Monday, April 28, 2008

4 trades - 255 pips


Despite using the same entry today, I exited 4 similar trades at different profit take.

All GBP/USD trades, from below to top:
(1) Long @ 1.9880, Closed @ 1.9930 (50 pips - manual exit)
(2) Long @ 1.9880, Closed @ 1.9940 (60 pips - manual exit)
(3) Long @ 1.9884, Closed @ 1.9950 (66 pips - predetermined profit take with trailing stop)
(4) Long @ 1.9881, Closed @ 1.9960 (79 pips - predetermined profit take with trailing stop)

Total: 255 pips (1 standard pip = US$10)

p.s.: Trade #4 was exited with the Powerful Strategy I taught at Forex Mastery Asia.
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