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AUDUSD Example of pin point accuracy for entry

This is one of many examples of how accurate my entry points can be

Earlier today i posted on my blog of an update of AUD/USD 


(Below screen shot of the post)


I mentioned that for those who have not shorted, could consider a pending short order at around 0.88880
Well market did exactly that and reversed, and for scalpers, easy 20+pips. with virtually no risk at all



NB-, this might not be the home run down, for the Aussie


AUDUSD Order Filled As per analysis

AUDUSD

Our short order has filled as per our analysis, 
Currently the market is against us by around 5-7pips. And due to positive Aussie economic data, I won't be surprised for another small push up,
For those who have not entered, could make a pending order at around the 0.88880






EURUSD Order Filled

EURUSD Order Filled



Order filled as per trade setup and analysis from Monday. My pending short was adjusted accordingly after Tuesdays trading day has finished , so that i could pin point the best entry.

Up 22pips took partial profit , and leaving 20% of initial trade size to run





EUR/USD Sell near 1.3583.AUD/USD Sell near 0.8837.NZD/USD Buy near 0.8267.USD/CAD Buy near 1.0933.

EURAUD Order filled

EURAUD Order filled

As per analysis on monday 20th of Jan, 2014

Our pending trade setup has been filled during the Asian Session today and market had a good bounce from our entry which was the 200ext from initial leg of retrace move.

The bounce gave us 30pips and I have taken partial profit leaving a small portion to potentially going higher. My stops for this particular trade is just under the weekly pivot, this way even if stops taken out we are still in profit as a whole, Will move stops higher when past a new level of resistance







**Update** 
 80 pip move in our direction



USDJPY Setup filled and up 70pips


I haven't updated my blog on results of my trade setups for a while now, been quite busy. Will try to update more often!

The market went in our favor to our trade setup - both on 4 hrly and 1 hourly charts. Currently Up 70pips


Money Management - The Most Important in Trading

Money Management

There are tons of information on strategies , holy grail systems on Forex trading, but very seldom do we hear that the key to success is how well you manage your risk to reward per trade.  

Recently a good trading friend of mine , Ron (Pivot Panther) whom I knew from Dale Pinkert's Live Analysis Room gave an excellent presentation.