Last night, I was having a class with Intake 0309, they were taught on the ultimate setup, a powerful setup other than the six high powered setups which allows tight stop loss with potential good profit.
During the live trading session on 2nd half of the lesson, we spotted the entry signal for short selling on EURJPY at 133.71 with stop loss at 133.95 and second short selling entry at 133.64 with stop loss at 133.82. The position covering signal only appear in this morning at 131.66 which generate an awesome profit of 205pips (around USD2,050 for 1 standard lot) for first entry and 199pips (around USD1,990 for 1 standard lot) for second entry.
EURUSD.
With the High Powered Setup, a short selling signal was shown on EURUSD at 1.4032, the position cover signal was out at 1.3916 which generated an awesome profit of 116 pips (around USD1,160 for 1 standard lot) in a single trade.
EURJPY.
With the High Powered Trading Setups, there were two short selling signal. First short selling signal came in when the price was at 130.32 with position cover signal at 129.84, a good 48 pips profit was generated. The second short selling signal came in at 129.98 with position cover signal at 128.99, an awesome 99 pips profit was generated.
Both trades make up a total of 147 pips profit (around USD1,470 with 1 standard lot) within the 8 hours.
Forex Trading
07/07/09
EURJPY. Ultimate setup with Intake 0309. Profit : 205 pips.
10/07/09
EURUSD. High Powered Setup. An awesome profit of 116 pips profit in one trade.
10/07/09
EURJPY. High Powered Setup. 147 pips profit from two trades within 8 hours.
All trades shown here are base on entry and exit signal from the High Powered Setups.
Charts shown are just the price action and does not include the full setups.
"Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary."