After Long time....

Hi traders,

Please apologize me for not updating this blog, for such a long time since my last post.

Bz with new project (my fulltime work) and concentrate on a few personal work.

Looking into the current fundamental issue (nuclear issue in Japan), I think, the mode is to go LONG (BUY), the Yen base currency - i.e GBP/JPY, EURO/YEN, USD/YEN etc.

on GOLD - we see that the price hit a resistance at border of 1450.xx a few times. Just look for LONG opportunity for gold yah guys....

Happy trading to all. TAYOR.

Trading Forecast 28/2 - 4/3/2011

Last week trading end up with less fruitful result. However, the loss impact is minimum since I have stop loss in place.

Ok this week;

GY, EY, GU - Sell Bias

Gold - Buy Bias.

Happy trading to all

Trading updates:

Another losing weeks for GY & EY....wrong forecast. Stop loss hit

Trading Forecast for 21-25 February 2011

Hi all traders,

The following is trading forecast for next week.

GU - BUY (breach upper resistance of Harami pattern)

GY,EY,UY - Remain BUY

EU - showing bull flag, next week may be BUY.

Gold - BUY (Breach Harami pattern upper resistance)

------------------------------------------------------/

Result update:

Only Gold & EU signals are in +ve pips

Others - GY,EY,GU - end up with negative (hit SL)

It's part of trading. Losses happen. Profit also happen. It about how you manage the ratio of profit & loss.