Project 50 Pips Update

The result for the 3rd week of our project 50 pips can be read on our website but the summary is as follows:

1. Day 6 - Break even trade
2. Day 7 - 42.2 pips (including Kiwi trade carried over the week-end)

We did not trade much last week as completion of another project temporarily took us off this project but we are back in full swing.

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We Did It Again - See Result of Trade Focus Report for June 17th

I hate to say we did it again but by the grace of God, I must humbly admit that we did it again. Read the full report.

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We Did It Again - See Result of Trade Focus Report for Today

We did it again, and you should see the result of the trade focus report for today. We identified the Euro, Cable, & Aussie to go down, and they generated 223, 155 & 104 pips respectively. We also identified the Swissy & Yen as mixed/up, and the Loonie as going up, and all produced 72, 36 & 125 pips respectively with Kiwi being the only exception that did not move in the direction we projected of the 7 major pairs.

You think this is luck!!! Predicting market direction with almost 90% accuracy and consistently since we went live and public last month is no small feat. Think what you could have made if you had this report 4-5 hours before the Europe/ London open :-) Our service is only getting better by the day as we now project probable direction of at least the 7 major pairs for subscribers who prefer to focus on the major pairs, while also hinting of pairs that may hit their top or bottom, and all done well in advance.

You can try the service for one month for only US$49.99 until June 30, 2001 after which subscribers pay the regular price of US$299.99. Visit our website to subscribe today, and join members already profiting from this unique service.

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Another Great Result from the Trade Focus Report

See another great result from the trade focus report for June 14, 2011. Nine specific pairs were identified to either go in particular direction, or to fail in their moves so our subscribers could be prepared and ready for action. Click here to read what happened.

You can try out the report for one month, for just 5 pips (US$49.99) by visiting our website to subscribe.

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ADJUSTMENT OF SUBSCRIPTION FEES

After reviewing and testing the new format of our trade focus report, we have decided to revert to the old but improved format so we do not miss trades. We will now have only one subscription group at a cost of US$299.99 and interested traders can visit our website to try the service for only US$49.99 until June 30th, 2011.


See the result of trades you could have taken during this session from the trade focus report issued over the week-end.


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Project 50 Pips Update

This is the second week of our project 50 pips and you can read the daily update on our website.
Summary:

1. Day 1 - profit of 6.9 pips
2. Day 2 - loss of 19.3 pips
3. Traded on Friday, June 3 and made a total loss of 63.9 pips
4. Day 3 - profit of 6 pips
5. Day 4 - profit of 57 pips
6. Day 5 - profit of 67 pips

We are going to trade Monday through Friday next week, instead of our usual Tuesday to Thursday trading schedule to catch up on our pips, otherwise we are going to starve :-) We are picking up steam and tweaking our trading system/method to improve our performance, and all trades were winners for the week - no loss.

Thank God and have a blessed week-end.

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Update from My Project 50 Pips Note

The Aussie long trade took off and generated 50+ pips but I missed it as I had to go out for a meeting, which I almost postponed.

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Note from My Project 50 Pips

6.35 am PST - Looking for reversal trades in the Euro, Aussie & Kiwi

 

 

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Potential Aussie Long Update

Trade now +40 pips with 18 pips protected

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Potential Aussie Long

This is an excerpt from Day 4 of my project 50 pips trading note
9.25 am PST - I told you it will be over if this thing doesn't move as we don't have all day. Closed for 21 pips for a total of 33 pips on the day. I don't know why I ignored the Loonie short as it happened the way I thought but decided I was going only for the Aussie and it would have given 30-40 pips what a shame!!

I am just trying to mimic the struggles we go through as traders in our decisions and options.
It doesn't matter what you make, just make sure you don't enter loosing trades, and you can always re-enter trades after pullbacks. My long term trader friends lost all their pips and even made a loss after 100+ pips in kitty. I prefer to day trade for now as long as the market continues to oscillate and not trend continuously.
Now, let's set our alarm and keep an eagle eye on the Euro & Cable long that will surely come. I'm off to rest somewhere in the office as I've been up since after 2 am.


10.50 am PST - the alarm on one of the pairs I was watching just triggered, and saw that my decision to close the Aussie trade was a wise one even though pair went up another 15 pips before dropping. The Aussie however is still a buy and will keep the alarm active - back to bed.

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Live Reversal/Retracement Trade Update

We could have made 70+ pips trading the GBPCAD retracement instead of the EURCAD if I had re-checked the CSM. See how PA made it to the 61.8 FR level. The EUR was weaker than the GBP when I checked but the GBP later weakened more.

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Live Reversal/Retracement Trade Update

PA was having problem closing below the 38.2 FR level, so on second failed attempt to close below the same level, it was wise to close the trade for about 25 pips @ 4286 since this was a counter trend trade any way.

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Live Reversal/Retracement Trade

Picture speaks for itself

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ADJUSTMENT OF SUBSCRIPTION FEES

After some consultation and by popular demand we are adjusting the way our subscription alerts are issued and invariably the fee to US$149.99 for all the groups. Alerts will now be issued only for star rated pairs from any of the groups, with possible counter trend points still indicated (for traders comfortable with taking counter trend trades).

Interested traders can visit our website to try the service for only US$49.99 until June 30th, 2011.

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Project 50 Pips Day 1 Update

Check day 1 update here

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