This website provides my personal view of market updates and forecasts. Going through the intensive mentorship of Mr Dar Wong, I became a coaching master of APSRI since 2007. I am here to share my view of daily trading in FX and help all readers to improve. Trading is about discipline and patience!
Eurusd update - 11 Apr 2013 Thurs
Just a quick update, I am looking for short entry at 1.3100 with 35 pips SL. Target exit is at 1.3000.
Good luck to all!
Eurusd update - 4 Apr 2013 Thurs
Eurusd went into a flag consolidation. I am not looking at any trade at the moment. I will observe and post my trade if I make a decision.
Anyway, just for everyone to note that I might not post my trade regularly due to some personal commitment. Will be back regularly soon.
In the meantime, take care and don't trade carelessly.
Eurusd update - 27 Mar 2013 Wed
Looks like Eurusd is going into consolidation again. I will stay out and just observe.
Good luck to all!
Eurusd update - 26 Mar 2013 Tues
Looking to short at 1.2950 again with 50 pips SL again. This time I am looking to exit 1.2700.
Eurusd update - 22 Mar 2013 Fri
I am still expecting Eurusd to drop to 1.2800. So target remains unchanged. However, SL shifted to break even.
Have a great weekend everyone!
Eurusd update - 21 Mar 2013
Hi all,
I still favour Eurusd turning down. Despite being stopped out, I shorted at 1.2950 with 50 pips SL. Target exit is at 1.2800.
Eurusd update - 20 Mar 2013 Wed
Who would have thought that Eurusd did came down as expected but without the expectation of a pull up above my 1.3060 entry last week?
Well, I still favour Eurusd to drop lower. Looking to short at 1.2900 with 50 pips SL, and I am putting a higher SL right now so that I could buffer the swing. I am targeting to exit at 1.2700.
Eurusd update - 15 Mar 2013 Fri
I am still holding to my view as yesterday. So good luck to all!
Eurusd update - 14 Mar 2013 Thu
I am looking to close my position at 1.2800. SL remains at breakeven.
Eurusd update - 13 Mar 2013 Wed
Hi all
I am still holding on to my position. SL remains the same. I still favour Eurusd dropping.
Good luck to all.
**shifted SL to breakeven 1.3060. TP will be redetermine again because this will mean that Eurusd will likely break support level, 1.2950.
Eurusd update - 12 Mar 2013 Tues
That was a good trade on Friday.
Today, I am picking short at 1.3060 with 40 pips SL. Target exit is at 1.2970.
Eurusd update - 8 Mar 2013 Fri
I am looking to short Eurusd at 1.3120 with 30 pips SL. Target exit at 1.3010.
Have a great weekend everyone!
Eurusd update - 7 Mar 2013 Thu
Hi all,
I shorted Eurusd at 1.2980 with 40 pips. Target exit is at 1.2850.
Eurusd update - 1 Mar 2013 Fri
I am staying out today. I cannot decide to go short or not as Eurusd seems to be consolidating. Anyway, enjoy the weekend, see you all next week!
Cheers!
Eurusd update - 28 Feb 2013 Thu
Today, I am shifting my entry level higher. Looking to short at 1.3220 with 40 pips SL. My target exit will be at 1.3120.
Happy trading to all!
Eurusd update - 27 Feb 2013 Wed
I am still having the same expectation and forecast as yesterday. So my view remains and lets see how today goes.
Good luck to all!
Eurusd update - 26 Feb 2013 Tues
Eurusd update - 22 Feb 2013 Fri
Yesterday, Eurusd moved down as expected but never pull back to my entry level.
Today, I am looking to short at 1.3200 with 40 pips SL. Target exit will at 1.3100.
P.S Please note that the chat box at my blog will be removed. Please feel free to leave comments. Thank you.
Eurusd update - 21 Feb 2013 Thu
Sorry was not updating as promised at the start. With all the New Year goodies, I can't prevent myself from falling sick.
Anyway, after 7 Feb, I have not done any trade. Today, I favour only picking short at 1.3300 with 50 pips SL. I am expecting this drop to reach 1.3100.
In any case, if Eurusd pullback to 1.3370, I am going to pick short again.
Happy trading!
Eurusd update - 7 Feb 2013 Thu
I realise my position is not triggered yet.
Well, I still think today Eurusd will turn up. Anyway, if it triggers my SL. I will stay out over the weekend.
I won't be updating my trade next week since its Chinese New Year. So have a prosperous year and a Happy Chinese New Year to all! See you all back after next week.
Eurusd update - 06 Feb 2013 Wed
I manage to close my Eurusd position which was triggered late last night at 1.3580. It is a small lost of 10 pips.
I am looking to pick long today at 1.3530 with 40 pips SL. Target exit at 1.3640.
Eurusd update - 05 Feb 2013 Tues
I am looking to short today at 1.3570 with 40 pips SL. Target exit is at 1.3450.
Happy trading to all!!
Eurusd update - 31 Jan 2013 Thu
I am sorry. I am busy in the morning. I closed at 1.3565 this morning. I will stay out these 2 days as I feel that Eurusd seems very toppish and may turn down. Anyway, US have some major news releasing so be careful.
Eurusd update - 30 Jan 2013 Wed
I had a good entry yesterday as Eurusd did not hit my SL. I still expect Eurusd to turn up and I am going to hold on to my position without shifting my SL until it reaches 1.3600. However, please be mindful that we have some important US announcement these 3 days. So, there are chances that we might get swing out.
Eurusd update - 29 Jan 2013 Tues
I entered long at 1.3450 with 40 pips SL. Target exit is at 1.3600.
All the best to everyone this week!
Eurusd update - 25 Jan 2013 Fri
Target was met yesterday. To me it was a good trade.
Today, I am not certain of my trade so I am staying out and observe.
Good luck to all! Have a great weekend!
Eurusd update - 24 Jan 2013 Thu
I shifted my SL to 1.3260. I am still expecting Eurusd to turn up. Target remains.
Eurusd update - 23 Jan 2013 Wed
Just closed my position at 1.3315. I am looking to long at 1.3285 with 40 pips SL. Target exit is at 1.3360.
Eurusd update - 22 Jan 2013 Tues
Last Friday, I made a losing trade due to fundamentals that turn Eurusd downwards.
Today, I am looking to pick short at 1.3335 with 40 pips SL. First target exit is at 1.3235.
However, I do expect Eurusd to drop further to 1.3125 regions.
Eurusd update - 18 Jan 2013 Fri
Yesterday, Eurusd climb to a high 1.3387 after Spain’s borrowing costs fell at a 4.5 billion-euro sale of bonds, underscoring increased confidence in European debt markets.
Today, I am looking to pick long at 1.3355 with 40 pips SL. My target exit is at 1.3450.
Eurusd update - 17 Jan 2013 Thu
Yesterday, Eurusd got my entry but I just closed it at 1.3305. I foresee that Eurusd is going into consolidation within a tight range 1.3240 - 1.3300. I believe tonight and tomorrow night figures will have some impact which likely cause some swings.
So I am staying out and observe. Good luck everyone!
Eurusd update - 16 Jan 2013 Wed
Happy to see Eurusd moving my way. Today, I am looking to short at 1.3325 with 40 pips SL. Target exit at 1.3245.
Eurusd update - 15 Jan 2013 Tues
Yesterday's formation of Eurusd seems to indicate that it is turning down today.
I am looking to short around 1.3395 with 35 pips SL. Target exit is at 1.3325.
Eurusd update - 11 Jan 2013 Fri
Good trade yesterday. Today, I do expect Eurusd to climb higher but on the top side, there are limited room for Eurusd to climb up. So I choose to sit tight and see how Eurusd goes and decide my trade next week.
Have a great weekend everyone!!
Eurusd update - 10 Jan 2013 Thu
I wasn't able to give an update yesterday. Basically, I am still holding to my long as Yesterday low was 1.3037. I still think today, Eurusd will not hit my SL and turn up. So fingers crossed and let's see how it will turn out.
Eurusd update - 08 Jan 2013 Tues
I am looking to enter long once Eurusd retrace to 1.3070 with 40 pips SL. I am looking to exit at 1.3250 within this week.
Eurusd update - 4 Jan 2013 Fri
I can't decide on the directions of Eurusd today as there are some big US figures. Furthermore, Eurusd had a big drop yesterday.
So I will stay out to observe the movement.
Good luck to all and have a great weekend!
Eurusd update - 3 Jan 2013 Thu
Happy New year to all of you! I wish everyone abundance in wealth and health!!!
I have update my PnL page for last year. Well, profit is not as great as 2011 but I am very happy to say the whole year of trading is still in profit.
Anyway today, I am looking forward to short Eurusd at 1.3230 with 50 pips SL. I target to exit at 1.3120.
Have a great day ahead!