08/03/2012 Long AUD/USD [Close]

This trade is based on the overall trend of the daily and weekly. The daily pinbar is also looking nice but I do not like the daily trendline above and also the big red bar prior to the pinbar.

Trade: Long AUD/USD
Open Price:1.0599 + 4 spread
Stop Loss: 1.0490
Reason(s): Daily pinbar, daily and weekly trend seems to be up.
Caution: Does not like the daily trendline. Trade may touch the trendline and move back down.
Risking: 0.8% of my account balance

Moved stop loss to breakeven +8.

Got stop at BE +8.

 Looks like it really did move down after touching the trendline. 1.0650 area seems to be an important area too.

Forex Trend Daily Alerts: 03/07/12

2010 Trading Track Record: (01/01/10 till 12/31/10)

Realized Profit: +4,417 pips (USD 44,170)

Return On Employed Capital: 176.68%*

--------------------------------------------------------

2011 Trading Track Record: (01/01/11 till 12/31/11)

Realized Profit: +593 pips (USD 5,930)

Return On Employed Capital: 23.72%*

Employed Capital: USD 25,000

*(Employed Capital USD 25k + Reserved Capital USD 50k = Total Capital USD 75k)

============================================

2012 Trading Track Record from 01/01/12 till current date:

Nett Floating Profit/(Loss): +382 pips

Nett Realized Profit/(Loss): -689 pips

Nett Equity: -307 pips


EUR/USD:

Liquidated Long at 13119 (03/07)  Realized Loss: -86 pips

Stand aside awaiting new entry signal

GBP/USD:

Long at 15720 (01/30) L/Closing: 15718  Floating: -2 pips

Hold Long with stop on close below 15603

AUD/USD:

Long at 10211 (01/02) L/Closing: 10563 Floating: +352 pips

Hold Long with stop on close below 10455 to take profit

USD/JPY:

Long at 7977 (02/20) L/Closing: 8063 Floating: +86 pips

Hold Long with stop on close below 7775

USD/CHF:

Short at 9131 (01/30) L/Closing: 9185 Floating: -54 pips

Hold Short and move stop on close lower to 9235


Note: We trade 20 currency pairs in less than 10 MINUTES A DAY with only ONE trading system!


30th Trend Trader Mentoring Workshop: "YOU ARE THE WINNER!"

(We train WINNERS, not TRADERS, with your Money-back-guarantee! Conditioning & Transforming Your Trading Mindset to the 5% Winner Mindset!)

Please click for Trend Trader Mentoring Workshop Online Preview:
http://tinyurl.com/wisevideo


Special 2 Hour Seminar:

"Turn your trading losses into profit opportunities without fail every time you apply this "B.I.Y.D." Trading Strategy used by the world's top hedge fund managers to improve their own performance!
http://speedwealthbiz.com


Malaysia, K. Lumpur:

Date: 30 - 31, March, 2012 (Fri & Sat)

Venue: Wise Traders Training Center, Mid Valley, K. Lumpur.

Fee: Please refer to your local organizer

For Registration: michael@speedwealthbiz.com

Forex Trend Daily Alerts: 03/06/12

2010 Trading Track Record: (01/01/10 till 12/31/10)

Realized Profit: +4,417 pips (USD 44,170)

Return On Employed Capital: 176.68%*

--------------------------------------------------------

2011 Trading Track Record: (01/01/11 till 12/31/11)

Realized Profit: +593 pips (USD 5,930)

Return On Employed Capital: 23.72%*

Employed Capital: USD 25,000

*(Employed Capital USD 25k + Reserved Capital USD 50k = Total Capital USD 75k)

============================================

2012 Trading Track Record from 01/01/12 till current date:

Nett Floating Profit/(Loss): +820 pips

Nett Realized Profit/(Loss): -603 pips

Nett Equity: +217 pips


EUR/USD:

Long at 13205 (01/30) L/Closing:13222 Floating: +17 pips

Hold Long with stop on close below 13182

GBP/USD:

Long at 15720 (01/30) L/Closing: 15872  Floating: +152 pips

Hold Long with stop on close below 15603

AUD/USD:

Long at 10211 (01/02) L/Closing: 10673 Floating: +462 pips

Hold Long with stop on close below 10455 to take profit

USD/JPY:

Long at 7977 (02/20) L/Closing: 8152 Floating: +175 pips

Hold Long with stop on close below 7775

USD/CHF:

Short at 9131 (01/30) L/Closing: 9117 Floating: +14 pips

Hold Short and move stop on close lower to 9235


Note: We trade 20 currency pairs in less than 10 MINUTES A DAY with only ONE trading system!


30th Trend Trader Mentoring Workshop: "YOU ARE THE WINNER!"

(We train WINNERS, not TRADERS, with your Money-back-guarantee! Conditioning & Transforming Your Trading Mindset to the 5% Winner Mindset!)

Please click for Trend Trader Mentoring Workshop Online Preview:
http://tinyurl.com/wisevideo


Special 2 Hour Seminar:

"Turn your trading losses into profit opportunities without fail every time you apply this "B.I.Y.D." Trading Strategy used by the world's top hedge fund managers to improve their own performance!
http://speedwealthbiz.com


Malaysia, K. Lumpur:

Date: 30 - 31, March, 2012 (Fri & Sat)

Venue: Wise Traders Training Center, Mid Valley, K. Lumpur.

Fee: Please refer to your local organizer

For Registration: michael@speedwealthbiz.com

A year after 2011

It has been a year since I update my Forex diary. This diary has turned to a halt due to some unforeseen personal reason that I have no control of. But through the year 2011, I did not stop my Forex trading journey. I keep track of every trade in an excel file but it will be a lot of work to post everything here. The result for my 2011 year of my Forex trading is not too good as everything comes back to almost breakeven.




The year 2012, shall be something different in my Forex trading journey. I will be taking less trades by picking higher probability trades compared to years before. No more trades that is against the long and short term trend unless there are very good reasons to take the trade ie a pinbar + major trend line + big round number + some retracement, etc.

From today onwards, I will continue to keep track of my Forex trading journey here in my Forex diary. If you have any comments or ideas to share to improve my Forex trading, feel free to post them.

Forex Trend Daily Alerts: 03/04/12

2010 Trading Track Record: (01/01/10 till 12/31/10)

Realized Profit: +4,417 pips (USD 44,170)

Return On Employed Capital: 176.68%*

--------------------------------------------------------

2011 Trading Track Record: (01/01/11 till 12/31/11)

Realized Profit: +593 pips (USD 5,930)

Return On Employed Capital: 23.72%*

Employed Capital: USD 25,000

*(Employed Capital USD 25k + Reserved Capital USD 50k = Total Capital USD 75k)

============================================

2012 Trading Track Record from 01/01/12 till current date:

Nett Floating Profit/(Loss): +830 pips

Nett Realized Profit/(Loss): -603 pips

Nett Equity: +227 pips


EUR/USD:

Long at 13205 (01/30) L/Closing:13203 Floating: -2 pips

Hold Long with stop on close below 13182

GBP/USD:

Long at 15720 (01/30) L/Closing: 15836  Floating: +116 pips

Hold Long with stop on close below 15603

AUD/USD:

Long at 10211 (01/02) L/Closing: 10730 Floating: +519 pips

Hold Long with stop on close below 10455 to take profit

USD/JPY:

Long at 7977 (02/20) L/Closing: 8179 Floating: +202 pips

Hold Long with stop on close below 7775

USD/CHF:

Short at 9131 (01/30) L/Closing: 9136 Floating: -5 pips

Hold Short and move stop on close lower to 9235


Note: We trade 20 currency pairs in less than 10 MINUTES A DAY with only ONE trading system!


30th Trend Trader Mentoring Workshop: "YOU ARE THE WINNER!"

(We train WINNERS, not TRADERS, with your Money-back-guarantee! Conditioning & Transforming Your Trading Mindset to the 5% Winner Mindset!)

Please click for Trend Trader Mentoring Workshop Online Preview:
http://tinyurl.com/wisevideo


Special 2 Hour Seminar:

"Turn your trading losses into profit opportunities without fail every time you apply this "B.I.Y.D." Trading Strategy used by the world's top hedge fund managers to improve their own performance!
http://speedwealthbiz.com


Malaysia, K. Lumpur:

Date: 30 - 31, March, 2012 (Fri & Sat)

Venue: Wise Traders Training Center, Mid Valley, K. Lumpur.

Fee: Please refer to your local organizer

For Registration: michael@speedwealthbiz.com

Forex Trend Daily Alerts: 03/02/12

2010 Trading Track Record: (01/01/10 till 12/31/10)

Realized Profit: +4,417 pips (USD 44,170)

Return On Employed Capital: 176.68%*

--------------------------------------------------------

2011 Trading Track Record: (01/01/11 till 12/31/11)

Realized Profit: +593 pips (USD 5,930)

Return On Employed Capital: 23.72%*

Employed Capital: USD 25,000

*(Employed Capital USD 25k + Reserved Capital USD 50k = Total Capital USD 75k)

============================================

2012 Trading Track Record from 01/01/12 till current date:

Nett Floating Profit/(Loss): +1166 pips

Nett Realized Profit/(Loss): -603 pips

Nett Equity: +563 pips


EUR/USD:

Long at 13205 (01/30) L/Closing:13325 Floating: +120 pips

Hold Long with stop on close below 13182

GBP/USD:

Long at 15720 (01/30) L/Closing: 15957  Floating: +237 pips

Hold Long with stop on close below 15603

AUD/USD:

Long at 10211 (01/02) L/Closing: 10808 Floating: +597 pips

Hold Long with stop on close below 10455 to take profit

USD/JPY:

Long at 7977 (02/20) L/Closing: 8107 Floating: +130 pips

Hold Long with stop on close below 7775

USD/CHF:

Short at 9131 (01/30) L/Closing: 9049 Floating: +82 pips

Hold Short and move stop on close lower to 9235


Note: We trade 20 currency pairs in less than 10 MINUTES A DAY with only ONE trading system!


30th Trend Trader Mentoring Workshop: "YOU ARE THE WINNER!"

(We train WINNERS, not TRADERS, with your Money-back-guarantee! Conditioning & Transforming Your Trading Mindset to the 5% Winner Mindset!)

Please click for Trend Trader Mentoring Workshop Online Preview:
http://tinyurl.com/wisevideo


Special 2 Hour Seminar:

"Turn your trading losses into profit opportunities without fail every time you apply this "B.I.Y.D." Trading Strategy used by the world's top hedge fund managers to improve their own performance!
http://speedwealthbiz.com


Malaysia, K. Lumpur:

Date: 30 - 31, March, 2012 (Fri & Sat)

Venue: Wise Traders Training Center, Mid Valley, K. Lumpur.

Fee: Please refer to your local organizer

For Registration: michael@speedwealthbiz.com

Forex Trend Daily Alerts: 03/01/12

2010 Trading Track Record: (01/01/10 till 12/31/10)

Realized Profit: +4,417 pips (USD 44,170)

Return On Employed Capital: 176.68%*

--------------------------------------------------------

2011 Trading Track Record: (01/01/11 till 12/31/11)

Realized Profit: +593 pips (USD 5,930)

Return On Employed Capital: 23.72%*

Employed Capital: USD 25,000

*(Employed Capital USD 25k + Reserved Capital USD 50k = Total Capital USD 75k)

============================================

2012 Trading Track Record from 01/01/12 till current date:

Nett Floating Profit/(Loss): +1082 pips

Nett Realized Profit/(Loss): -603 pips

Nett Equity: +479 pips


EUR/USD:

Long at 13205 (01/30) L/Closing:13323 Floating: +118 pips

Hold Long with stop on close below 13182

GBP/USD:

Long at 15720 (01/30) L/Closing: 15919  Floating: +199 pips

Hold Long with stop on close below 15603

AUD/USD:

Long at 10211 (01/02) L/Closing: 10741 Floating: +530 pips

Hold Long with stop on close below 10455 to take profit

USD/JPY:

Long at 7977 (02/20) L/Closing: 8127  Floating: +150 pips

Hold Long with stop on close below 7775

USD/CHF:

Short at 9131 (01/30) L/Closing: 9046 Floating: +85 pips

Hold Short and move stop on close lower to 9235


Note: We trade 20 currency pairs in less than 10 MINUTES A DAY with only ONE trading system!


30th Trend Trader Mentoring Workshop: "YOU ARE THE WINNER!"

(We train WINNERS, not TRADERS, with your Money-back-guarantee! Conditioning & Transforming Your Trading Mindset to the 5% Winner Mindset!)

Please click for Trend Trader Mentoring Workshop Online Preview:
http://tinyurl.com/wisevideo


Special 2 Hour Seminar:

"Turn your trading losses into profit opportunities without fail every time you apply this "B.I.Y.D." Trading Strategy used by the world's top hedge fund managers to improve their own performance!
http://speedwealthbiz.com


Malaysia, K. Lumpur:

Date: 30 - 31, March, 2012 (Fri & Sat)

Venue: Wise Traders Training Center, Mid Valley, K. Lumpur.

Fee: Please refer to your local organizer

For Registration: michael@speedwealthbiz.com