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Showing posts with label profit. Show all posts
Showing posts with label profit. Show all posts

Thursday, May 29, 2008

100 pips on GBP/JPY


Despite the fact of 9-pips bid-ask spread on the GBP/JPY, I bought into the currency pair using one of my mechanical strategy.

Expecting a risk-reward ratio of 450% (PT-180/SL-40), my trade did not exit at my predetermined PT or SL. Instead, I closed it manually at 100 pips. Not bad, still 250% RRR.


GBP/JPY - Long @ 206.40, Closed @ 207.40 (100 pips)

Tuesday, May 27, 2008

70 pips within 90 minutes!


When I'm preparing my notes for my Forex Strategy Creation Session, I entered into the trade using some technical indicators.

Given the risk-reward ratio of 292% (PT-70/SL-24), it exited nicely and got executed at predetermined profit take with 70 pips within the next 90 minutes!

GBP/USD - Short @ 1.9822, Closed @ 1.9752 (70 pips)

Tuesday, May 20, 2008

2 ways to get out - 80 pips + 6 pips

I had been preparing my Forex Strategy Creation course material, and had been in office since 2.30pm.


I keyed in 2 pending order with the same entry point. The only difference is how the trades were planned to exit and close.

GBP/USD - Long @ 1.9596, Closed @ predetermined 80-pips Profit Take 1.9676 (80 pips)
GBP/USD - Long @ 1.9596, Closed @ 30-pips Trailing Stop 1.9602 (6 pips)

Total: 86 Pips

Saturday, May 17, 2008

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)

Friday, May 16, 2008

32 pips


GBP/USD - Short @ 1.9440, Closed @ Predetermined Profit Take 1.9408 (32 pips)

Friday, May 9, 2008

Technical Trading GBP/USD (5 trades)


All GBP/USD trades using technical indicators
1. Short @ 1.9540, Closed @ trailing stop 1.9497 (+43 pips)
2. Trade canceled
3. Short @ 1.9562, Closed @ trailing stop 1.9548 (+14 pips)
4. Short @ 1.9562, Closed @ trailing stop 1.9552 (+10 pips)
5. Short @ 1.9562, Closed @ trailing stop 1.9547 (+15 pips)
6. Short @ 1.9562, Closed @ trailing stop 1.9547 (+15 pips)

Wednesday, May 7, 2008

Trailing Stop - 53 pips

This is one of the mechnical trade I did earlier today. I used this function called the trailing stop, which I set at a protective 15 pips - and this is precisely why you see the stop loss is so low below the entry price (remember this is a short position).

GBP/USD - Short @ 1.9573, Closed @ trailing stop 1.9524 (53 pips)

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.

Tuesday, April 22, 2008

Another 48 pips using my Powerful Strategy!

Using the Powerful Forex Strategy I went through during my Forex Mastery Asia session, I personally went into the trade at the entry price + 2 pips more.

So instead of the full 50 pips, I managed to capture 48 pips when the preset PT was triggered.


GBP/USD - Long @ 1.9924, Closed @ predetermined profit take 1.9972 (48 pips)

Thursday, April 17, 2008

43 Pips in 3 hours!


Just went into the trade when I got home from my reservist training... My entry was slightly late, and hence the stop loss is greater than profit take. But, fortunately, this trade turns out to be a small winner.

GBP/USD - Long @ 1.9801, Closed @ predetermined profit take 1.9844 (43 pips)

Before I Went Outfield on Tuesday...

Before I began my outfield training on Tuesday late afternoon, I entered into a trade when I was listening to our exercise briefing by my medical officer in my BCS store (yup, I'm a medic!).



GBP/USD - Long @ 1.9729, Closed @ predetermined stop loss 1.9700 (-29 pips)
GBP/USD - Short @ 1.9719, Closed @ 1.9650 (+69 pips)
NET: +40 pips

It's once again an 'Options Straddle' Trade.

Wednesday, April 9, 2008

Reservist In-Camp Trades (54 pips)


I have nite out tonight and I'm posting my trades I placed on my PDA during my reservist training.

Today's trade (Apr-09, 'Options Straddle' Trade)
GBP/USD - Long @ 1.9697, Closed @ 1.9734 (+37 pips)
GBP/USD - Short @ 1.9688, Closed @ predetermined stop loss @ 1.9715 (-27 pips)
NET: +10 pips

Yesterday's Trade (Apr-08)
GBP/USD - Long @ 1.9856, Closed @ 1.9900 (+44 pips)
NET: +44 pips

Saturday, March 29, 2008

GBP/USD 2.0000 again - 55 pips

I entered this trade on the way from my last day of my medical reservist training and entered trade on my HTC. Apparently, the exit was triggered on my way to my 2nd course preview of my 'Forex Mastery Asia'.

GBP/USD - Long @ 1.9945, Exit @ Predetermined profit take @ 2.000 (55 pips)
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