Tuesday, November 17, 2009

GBP/USD Pair @ 01.00 pm (Malaysia)

Salam and hi..

Sorry for my late update for GBP/USD Pair today. Anyway congratulations who took my BUY area yesterday and hit T3. As aspected yesterday CS should test 1.6872 and stop at 1.6880. Wow that gave more 180 pips. But that point is not our target because it is not shure and came very late. But the most important is your own target that you can achived it and the results will be good to you at the end of the month. Let say the market going for 200 pips but you only take 60 pips a day. For shure you will get:

60 pips x 20 days = 1200 pip x $1 = $1200

But if you double your lot or $2 a pip you may get $2400

But I always tell my student - if there is a confirmations signal that BULL is the signal go for maximum lot that you got but take less pips and some of them took $10 $20 or $30 a pip but take only 20 pip on that confirmations signal. So the results is if they use $10 a pip :

1. Asia Market - 20 pips x $10 = $200

2. Europe Market - 20 pips x $10 = $200

3. US Market - 20 pips x $10 = $200

So $600 a day x 20 days = $12,000. If they use $5 a pips they still make $6000 or $3 a pips they still make $4000 a month. It up to you man, it your money not me - that is your responsibility not me again. Money management is only use when the market is not confirm so you may hedging double lot on your loosing positions. But if there is a confirms signal why go for minimum lot. You have to take the golden opportunity.

I understand MM is good but if you are really experienced trader and with good knowledge and already well prepared you must take all those golden opportunity. Then only you will get the good results. If you not ready for that use demo accounts and learn forex from the expert. Find a mentor to guide you but remember people will never guide or teach you for free. You have to pay them for thiers service. No free knowledge now days you have to pay.

Opps what I'm writing here hah I supposed to write some predictions. Dey tamby you're late today. Give us the stupid predictions. Ok.. ok.. ok.. this is mine ok. After you read it please dont belive me because it is not confirm but you may use it as your guide to your success trade. ok.. ok.. ok.. now there it is ;


1. Buy area : 1.6807


T1 : 1.6847


T2 : 1.6877


T3 : 1.6950 - there is possibility to test 2009 high at 1.7042 point or higher. but if fail CS should drop at 1.6700 area again meeting you hehehehe.


2. SELL Area : 1.6767


T1 : 1.6700


T2 : 1.6650


T3 : 1.6600


Allah Hu.

ps : How to confirm the market or what is the signal hehehe go and learn fx from the expert. That is the answer. No heart feeling ok that the only choice I used to master fx from the expert. Good Luck and happy trading always.

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