In five weeks of trading, I have increased my account over 50% with risking only 3%/trade! This includes trades both directions…going long and short over a period of five weeks. If you’re subscribed to this site, then you have received all of my FREE trade recommendations over the past couple of weeks and have been … Continue reading
Monthly Archives: June 2010
GBP/USD retraced as forecasted and positioned to go further up
Alright, the GBP/USD has completely retraced from what I commented on last night. I gave a range and the GBP/USD retraced to the bottom of that range (1.4554). It actually went a bit further to 1.4534. So, if you were up at 3a.m. Central Time and got my comment, then you: Took your profits Placed … Continue reading
GBP/USD moving as forecasted (320 PIPs so far in 3 days)
3 weeks and 2 days ago, I wrote here of the bottom which had just begun to form on the GBP/USD. Of course, most people were still shorting the GBP/USD thinking it would continue to move further down. muhahahaha…. So…3 days ago, I wrote here that the GBP/USD had hit the first target, retraced to … Continue reading
Word of Warning
As you grow your skill of Technical Analysis, you’ll read many, many opinions out there. Be careful. As you have with me, read people’s analysis over time. It is VERY difficult to watch someone over time to see that if his/her technical analysis is actually true most of the time, or if they’re just writing their … Continue reading
1st Target Range hit…now 2nd Target to go
Just about three weeks ago, I wrote here that we had found a bottom and the GBP/USD would begin moving up to around 1.4800 to 1.5000. After the bottom was confirmed, I wrote here that, “Getting more specific, we are currently targeting the zone from 1.4780 to 1.5060.” Well on June 2nd, as you can … Continue reading
3,455 Net Total PIPs for the Month of May
Here’s the good, the bad, and the ugly for the Month of May…Net Total 3,455 PIPs for the month of May. Although my forecasts were spot on, I got a little mental at times and didn’t enter exactly where I had forecasted. Here’s a snapshot of my trades for the month of May: Continue reading
LattePIPs 