Displaying posts filed under

Swing Trade

Jun
17
2010

Strategy: Simple does work

A friend from Belgium has kindly shared a system that works around the SMA 14 line … I thought some of you might find it useful.

Mar
5
2010

How to Trade CFDs and Why

As promised earlier, here is the detailed post on how to trade CFDs and specially the Share CFDs. First of all, a bit of explanation: CFD is not a dramatically different thing for those who have traded Forex before because they are already aware of how the Leverage based Trading system works. One thing you [...]

Feb
20
2010

Trade Details: EURUSD Profits booking

As mentioned earlier, I’ve finally booked the profits for my EURUSD Short Trades. Its been one of my longest held Trades so far (besides few Stock Trades I used to do before entering into Forex Market) and I’m quite excited with the 1450 pips profit … You might be able to recall that we had [...]

Jan
21
2010

Demo Results: 15mn Ichimoku Scalping

To keep you guys motivated and in order to keep those dreams alive, I thought I would share my Demo / Backtesting Results that I’ve been trying on ProRealTime Platform. This is the platform that my one of my Broker uses and the advantage I get with this Broker is that their Future Contracts (for [...]

Jan
20
2010

Belkhayate System: An example

In an attempt to keep my self out of controversy, I’ve tried my best Not to discuss too much about my adventures into Belkhayate System. However, my friends know this very well that I’ve been live with this system since late November 2009 and currently I’m trading NASDAQ based CFDs by using this wonderful swing [...]

Dec
27
2009

Article: Long Term or just Scalping ?

During a recent argument with a person on one Forex Forum, I tried really hard to explain him that those who are doing Long Term Investments are NOT LOSERS as he thought so. According to him, he is the Super Scalper (he has got Fast in fact really fast computers and a customized software doing [...]

Nov
21
2009

Trade Updates: GBPUSD Short Trade 20th Nov 2009

I’ve covered the GBPUSD Short Trade at the 3rd level of Support Line at 1.6479 The Trade was triggered at 1.6815 Anyone interested in opening a Long Position should keep in mind that there is a Thick Bearish Kumo Cloud which has formed a Resistance Zone between 1.6601 and 1.6661

Nov
20
2009

Ichimoku Daily: GBPUSD 20th Nov 2009

Latest Ichimoku Analysis on GBPUSD, 1H as shown in chart is clearly bearish, 4H has turned bearish too while Daily is still Bullish unless the Trend-line Support is not broken. Attached is the chart showing my original Short Entry @ 1.6815 Resistance line … Good luck.

Nov
13
2009

Belkhayate System: Weekly Statement

As follow up to the Demo Trading based on Belkhayate System and its original rules, here is the Weekly Statement showing all trades. This should be last Demo Statement as I’ve got what I wanted to learn from these Demos, I’m now ready to move to the next stage and define my own rules for [...]

Nov
12
2009

Trade Updates: 12th Nov 2009

Based on the Bias published earlier, here are few updates. USDJPY Long is still in Negative while I’m waiting for USDCAD and USDCHF to finish the limited upside moves before they can be possibly shorted. For EURUSD, I’ve taken profits at 1.4938, not sure about its next move As shown in chart GBPUSD can rise [...]

Nov
11
2009

Article: Belkhayate and OANFX’s Demo Trades

As a follow up to my Demo Trading on the basis of original rules defined for Belkhayate System (4H Timeframe), here are new statements. The second statement is based on OANFX’s COG Trading System (1H Timeframe) which is something I’ve been exploring since last week. Both systems are similar (in theory), however I like the [...]

Nov
8
2009

Ichimoku Analysis with EW Count for EURUSD

As discussed earlier, I’m currently shorting EURUSD but in the longer run I still feel there is another Bull Run due for this pair. I’ll be watching 1.472 (50+- pips up or down) level quite closely and look for the Reversal signs. If the Wave-5 starts from there, 1.53xx is the longer term  Profit Target [...]

Nov
7
2009

Trade Updates: Short on EURUSD

I’m short on EURUSD from 1.49 but for a very limited time period as I’m expecting another re-bound in prices from at or around 1.472 level. I was prepared to add more Shorts from 1.497x levels as that was a very Strong Resistance level for this pair …

Nov
5
2009

Article: How to trade during NFP release

I wasn’t sure how to explain properly “How to trade NFP releases” but then suddenly I found this one of my previously posted chart in my charts folder. This pretty much explains everything. I’ve always advocated for a Post-NFP Trading Opportunity, if you notice in the chart the USDJPY reached to its ultimate high during [...]

Nov
3
2009

Article: 2nd Statement for Belkhayate Demo Trading

As a follow up to the last week’s Demo Trading, here is the second statement for Demo Trading based on Belkhayate System’s original rules. This time I was much more careful for Trade Selection and the result was 100% positive trades. I have to lock down in a quiet room and write an EA for [...]

Nov
1
2009

Article: Belkhayate System Demo Trading Results

I havent posted for a while, been busy with quite a few things and lately with this Demo Trading of Belkhayate Center of Gravity System. Its quite an interesting system actually and I have been mixing it with my Ichimoku Analysis since quite a long time but never had a chance to look at the [...]

Oct
15
2009

Trade Updates: EURGBP Shorts – 15 Oct 2009

I’ve booked the profits on EURGBP Trade on 3 different levels. The move has respected well to the Trend Bias identified earlier in the week where EUR was losing its feet while GBP trying to recover from the losses it has seen since almost 2 weeks now. So far this is the end of the [...]

Oct
13
2009

Trade Updates: 12th Oct 2009

Few of the things I’m currently looking at: 1. Yen is clearly Over-sold against the majors, I’m looking to short Yen Crosses 2. EURUSD is once again Over-bought 3. EURGBP is over-bought 4. Time to exit Short trade on GBPUSD may have to come earlier than expected

Oct
7
2009

4H Trade: Long on USDZAR and USDSEK

As my forum friends know, I’m on holidays these days and trying to spend most time with the family. I was in Cinema today when these two trades were triggered at the pre-defined levels. I’m Long on USDSEK from 6.9097 and USDZAR from 7.3724. So far the Trades are in profits and respecting the newly [...]

Oct
6
2009

4H Trade: Long AUDNZD – 5th Oct 2009

I’m once again Long on AUDNZD Go Aussie go …  PS: This is a Long Term Trade. Here is the chart …