Friday 72 pips

I traded on the news with a pending order entry and a 25-pips protective trailing stop exit (without profit take).

GBP/USD - Long @ 1.9489, Closed @ 1.9571 (72 pips)

GBP/USD - 50 'mini' pips

As I was running to Kuala Lumpur to fight for the Singapore master franchise rights for Mobile Wallet, I went into the trades with my mini account.


GBP/USD - Short @ 1.9483, Closed @ 1.9433 (50 pips)

GBP/USD - 13 pips

A small win from GBP/USD before I go into Malaysia in 2 hours time.


GBP/USD - Short @ 1.9501, Closed @ 1.9488 (13 pips)

Canadian Dollars - 35 pips!

When I woke up this morning, I already profited 45 pips from USD/CAD (on paper). I didn't exit the trade, but I ended up placing a stop loss before going for lunch. It got executed at 35 pips win!


USD/CAD - Long @ 1.0031 (on 12-Feb), Closed @ 1.0066 (35 pips)

2 Swing Trades + 1 Day Trade (Total: 125 pips)

USD/CAD - Long @ 0.9975, Closed @ 1.0015 (40 pips / 2 days)
EUR/USD - Long @ 1.4657, Closed @ 1.4680 (23 pips / 4 hours)
GBP/USD - Short @ 1.9683, Closed @ 1.9621 (62 pips / 2 days)

Aggressive Plays on GBP/USD - 39 pips

I just completed my very first Forex Mastery Asia discovery track preview. Due to the fact I may not be accessing my trades in the midst of the preview, I closed my 2 GBP/USD trades in the train on my way home.

Looking at the H1 charts, I entered into the trades without the stop loss once again.

GBP/USD - Long @ 1.9584, Closed @ 1.9611 (+27 pips)
GBP/USD - Long @ 1.9599, Closed @ 1.9611 (+12 pips)

EUR/USD - 21 pips

A trade executed in the early early morning where I see the technical indicator in the upward trend. Supposedly to close the position within 4 hours, I captured 21 pips after lunch in office.

EUR/USD - Long @ 1.4512, Closed @ 1.4533 (21 pips)

CNY - 25 pips in 5 minutes!

On the first day of CNY, I sold GBP/USD twice.

Firstly, I entered into the trade while watching 'Ah Long Pte Ltd' with my Aunt and Uncle. I did a runner strategy at the end of the show by changing the stop loss. The protective stop was executed within the next hour and I gained no pips!

Secondly, I entered trade again when I'm back from CNY dinner and celebration. Within 5 minutes, I managed to scalp 25 pips in 5 minutes!


GBP/USD - Short & Closed @ 1.9545 (No gain)
GBP/USD - Short @ 1.9457, Closed @ 1.9432 (+25 pips in 5 minutes)

My CNY Hongbao - 56 pips within 26 minutes!

GBP/USD - Short @ 1.9592, Closed @ 1.9559 (+33 pips in 15 minutes)
GBP/USD - Short @ 1.9583, Closed @ 1.9560 (+23 pips in 26 minutes)

Total Net Pips Gained: 56 pips (both standard lot x 1 each) - US$560

US Opening Bell - Forex 'Fast' Trades

GBP/USD: Long @ 1.9671, Closed @ 1.9689 (18 pips in 36 minutes)
USD/JPY: Long @ 106.51, Closed @ 106.71 (20 pips in 16 minutes)
EUR/USD: Long & Closed @ 1.4716 (Breakeven!)
USD/JPY: Short & Closed @ 106.70 (Error trade)

'Straddle' Forex Win - 55 pips

I was with my PDA at Raffles City Fountain and I was waiting for the signals to trade my favourite currency pair - GBP/USD.

As I was quite impatient to wait for the currency pair to give me the exact indication to enter the trade, I resorted to using Straddle* method and exited with a net win of 55 pips.


GBP/USD
Short @ 1.9570, stop loss 43 pips, Closed at predetermined profit take 1.9500 (+70 pips)
Long @ 1.9573, profit take 38 pips, Closed at predetermined stop loss 1.9558 (-15 pips)
55 pips win


* Straddle is basically an Options trading strategy to trade options when you don't know which way the stock will head but you know it will move big magnitude in one direction. And thus, you buy a call option and a put option at the same time. You may lose on one option, but you win more on the other option.

USD/JPY - 32 pips

Late entry, but 32 pips on exiting USD/JPY!


USD/JPY - Long @ 106.49, Closed @ predetermined 106.81 (32 pips)

Another 25 pips!

US Stock market is not opened today. I went into forex during the US stock market instead.


USD/JPY: Short @ 106.07, Closed @ 105.91 (16 pips)
GBP/USD: Short @ 1.9469, Closed @ 1.9461 (8 pips)
EUR/USD: Short @ 1.4480, Closed @ 1.4479 (1 pips)

2 EUR wins (113 pips) & 1 GBP lose!

I went into 3 trades today and 2 of them emerged as winners!


WIN
EUR/JPY: Short @ 155.19, Closed @ predetermined profit take 154.60 (59 pips)!
EUR/USD: Short @ 1.4541, Closed @ 1.4487 (54 pips)

LOSE
GBP/USD: Long @ 1.9515, Closed @ 1.9484 (31 pips)

My 3rd EUR/JPY trade - 40 pips

My 3rd EUR/JPY trade: Long @ 156.64, Closed @ predetermined profit take 157.04 (40 pips)!

92 pips in total

The first trade was entered in the movies. This is the first time I executed a trade in the cinema. Before the show 'American Gangster' started, I entered in EUR/USD. During my meeting at Republic Plaza d-coffee shop, the same trade already exited on predetermined profit take. Then I entered into my favourite GBP/USD which also exited on predetermined profit take later.

Here's the results (total 92 pips today):

EUR/USD - Long @ 1.4873 in GV Marina 6, Close @ 1.4904 (31 pips)
GBP/USD - Short @ 1.9626, Close @ 1.9565 (61 pips)

My first trade in Malaysia - 7 pips

This is the first time I opened a trade in Malaysia. The trade was opened at Johor Bahru (Permas Jaya) and closed before I headed home after my Money Mastery masterminding session.

USD/CHF - Long @ 1.1130 , Close @ 1.1137 (7 pips)

GBP/USD - 27 pips

This is another trade totally done through PDA, opened at OUB Centre Burger King and closed during Money Mastery Preview held at Marriot Hotel.


GBP/USD - Short @ 1.9785 , Close @ 1.9758 (27 pips)

Swissy 42 pips

Another USD/CHF win:


USD/CHF - Long @ 1.1113, Close @ 1.1155 (42 pips)

My last trade of 2007 - 43 pips

Closing the year of 2007 in abundance, I closed (once again) my favourite currency pair GBP/USD with 43 pips. This is a trade totally done through PDA, opened and closed at Clementi MacDonald's.


GBP/USD - Long @ 1.9987, close @ 2.0030 (43 pips)