EUR USD My Favourite Pair

Hi, This is the chart set up that used to trade EUR/USD pair around 30 minutes ago. I have made 10 pips with my last trade. Basically I use support and resistance levels to enter the trades in order to minimize the risks. Last week I was able to make 165 pips with this pair. I will be adding more trades soon. 

Forex Eanings Update; March 2009

Now am able to trade very confidently even during the worst times. Last month I made 2669 pips profit with a single currency pair EUR/USD and it is my best pair since started trading currency. To make profit consistently the only thing that you have to follow is a plan. If you plan you will never fail. During the first year of currency trading, I was not able to make a single pip profit. This is really a wonderful business because this is totally different from Trading Stock. Now I am a full time blogger and Forex Trader. If you really want make a profit from Forex Trading the step is to educate yourself. Then you will never loose. Bye for now but not forever.

Happy Blogging and Forex Trading.

Trade EUR/USD with 76 pips profit

Hello Forex Friends,

I would like to bring your attention that there will be lots of trading opportunties during this week with EUR/USD pair. If you concentrate on this pair you will be able to make lots of pips during this starting week. So please open your eye make at least 100 pips during this week.
Last week was a big week for me that I was able to make 76 pips and my total trade for this month is 350 pips profit.

Wish you all success with forex trading. Good Luck. Your forex Friend

Thing Big. Your thinking power is unlimited.

Head and Shoulder Forex Pattern - Best way to trade forex

Today I was able to catch 110 pips with a perfect head and shoulder pattern with EUR/USD pair. When I trade with patterns I lose only 5 percent of my trades. My advice for new traders is that please always trade with pattern until you get educated yourself with all necessary information about the technical and fundamental analysis.

Good Luck
Forex Friend

Head and Shoulder Forex Pattern

Yesterday was a big day for me. I was able to catch 108 pips yesterday alone. For the beginners these kinds of head and shoulder pattern would be very important. Anybody can identify trade with patterns without any confusion and without losing a single pip. My first advice is always wait for the perfect patterns and then open your position. Hope that you will enjoy the example that I have presented in this post. More example coming soon. Happy Forex Trading.

Forex Trading with Patterns

Hi Its been long time since I dont post anything in this blog. Last week was one of the successful week in my forex trading history. I made more than enough pips and got out of the trade and I am waiting for the next week. During the next week there will be lots of opportunity in the forex market. Especially in EUR/USD pair. Today I am presenting you a very interesting you tube video which can assist you to make some extra pips in the week ahead. Hope that you will enjoy this Video

Today I got a winning trade with 6 pips

On 18th June 2008 in the morning at 7:50pm I checked the how forex market is doing. I opened the EUR/USD hourly chart and saw a very perfect pattern. However I dont depend on it but it was a good sign that the chart is going to tell you the truth. Well there you can see head and shoulder pattern. There is a very nice double top which was perfect to catch a nice trade. Pivot point is at 1.5471 and it indicates further upside and the support at 1.5494 indicates there was a stronge support area that i took into consideration. I gave the price few minutes to touch the support level and then it bounce back then I opened the position at the upward trend line resistance area and sold again at the support area. Easy Trade within just 15 minutes. 6 pips is a nice count. More screenshots coming soon