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Just A Reminder...

Dear All,

I personally urges you to scrutinize any "super "trading system by providing fast rich method or all-in-one signal to realize your dream, before paying fee to them. As we all undertand, the way to fortune is a painstaking process, much due to your hard efforts and practice, do you think people now can produce any super machine better than human brain? Please do not fall victime of "impulsive buying", cool down yourself for some days first before giving your most precious asset: "Money".

Thursday, August 7, 2008

Good Opportunity with EURUSD, but trading signal void

The news from both the ECB and the US supports the Euro to slide further against the Dollar. It creates what I call a wonderful short trade opportunity with EURUSD. But the trading signal of 30-min and 5-min chart is against with each other, which void my entry calculation. If I are to enter the market just now, I can easily harvest 67 pips at the target of 1.5363 and a minimal risk of just 20 pips.

It happens like yesterday where I totally did not monitor the market. When I open my chart before the start of today's trade, the market give a very perfect entry setup and perfect signal to give me over 50 pips.

I missed the good entry of today and yesterday. Now, I just wait for the 4-hour to give me a better trade in the coming days. I will update on my trading as it happens.

Happy trading guys ;)

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