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
Showing posts with label profit. Show all posts
Showing posts with label profit. Show all posts
Saturday, August 2, 2008
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
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
Friday, May 16, 2008
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
GBP/USD - Short @ 1.9573, Closed @ trailing stop 1.9524 (53 pips)
Saturday, May 3, 2008
Post-NFP - 30 pips each
Friday, May 2, 2008
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)
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)
- 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)
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!
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.
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
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