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

If you are interested to find our more about me, Forex Trading or my Forex Asia Academy, let me welcome you to my complimentary Forex session. Please feel free to visit my corporate website to find out more. Get in touch with you real soon!

Thursday, April 17, 2008

Another 50 pips within 72 minutes!

GBP/USD - Long @ 1.9848, Closed @ predetermined stop loss 1.9898 (50 pips)

This is the strategy I taught at my Forex Mastery Asia preview session.

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.

Saturday, April 12, 2008

Shenzhou RTO Investment

I bought into a very good pre-IPO offering sometimes last month... Widely known as the next Alibaba.com on the Hong Kong Stock Exchange, China Shenzhou Union Telecommunication Technology Co Ltd is going to be listed via RTO (Reverse takeover) within the next 3 to 4 months.

Generally, you want your pre-IPO share to gap up in great value when it officially listed on the stock market. This is one type of instrument that you earn 'fast money' in a short period of time, typically within 100 days!


Recently, I got this newspaper article (above) from my China correspondent, good news!

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

Thursday, April 3, 2008

Trade before going into Reservist - 20 pips!


One last trade before I go into my 16-days reservist:

GBP/USD - Long @ 1.9814, Closed @ 1.9834 (20 pips)

Sunday, March 30, 2008

Reservist Reservist Reservist

I just finished 4-days of my Medical Vocational Reservist Training, from Tuesday 25-March to 28-March.

Anyway, you would probably see lesser of me and my postings for the next 3 weeks, as I'm going for my 5th In-Camp Training @ 702 Guards. FOR 16 DAYS, from 03 April all the way till 18 April.
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