I see many persons smiling from the many pips captured. 1.5990’s or above was as I said a good time to short EUR/USD……..here is a look at my trade based on myLe caratteristiche del casino online sono che senza l’ibarazzo per giocate azzardate, lontano dalle atmosfere fumose nella comodita della casa, il online poker e divenuto il modo per soddisfare la voglia dei giocatori 24 ore su 24. previous prediction.

4/22/2008          2:49:52 PM        Sell           EUR/USD          -250,000.00      1.599110

4/23/2008          3:09:29 AM       Buy           EUR/USD            250,000.00      1.59498

Profit —-$1,032.50

Please folks do not email me saying I am holdingEin poker online spielen Spieler kann ein einmal gesetztes Gebot nicht zur?cknehmen, nachdem er auf bet geklickt hat. out as the last couple trades I have done I have given lots of notice. How many pips did you capture and what was your profit margin?

So far on the $10,000 starting balance I have made  $5,160.9 which puts the current balance at    компютри$15,160.9….This account was started April 1, 2008.

Not bad if you ask me…….. For the record this is a practice account however as you can see the potential is real…..I wonder how long before I start losing. This market has a way of taking back all profits made. HHMM….. There should be more news coming out this week which will affect the pair and we will have to see if oil prices reach a new high.

Have a good night/day. Will be back with next move in a few.

Signed “The Fool”

As the title says short EUR/USD anywhere above 1.5990’s….Sure winner….see u later.

Signed “The Fool”

Ok…..Wonderful night/morning for anyone who followed me prediction. You wouldn’t believe that I only made $120 as I put end of day for my order instead of good until cancel. I actually liquidated when the EUR was appreciating. The pair (EUR/USD) actually went to as low as 1.5833  when I  estimated that the pair would fall to 1.5840’s. If you got in at the point i suggested 1.5920’s you would have captured minimum 60pips. Not bad right?

Here is a description of my trade

4/21/2008          11:24:34 AM         Sell       Eur/Usd       -250,0000     1.58781

4/22/2008          2.19.47AM              buy      EUR/USD      250,000       1.58733

Profit —$120

As you can see I bought early in the morning and cashed out profits early. Later in the day price feel to 1.5830’s.

Re next prediction….. Oil is currently pushing $118 per barrel. The pair should breach the 1.60 barrier. If that happens I will be shorting the pair once more.  Best advice is short the pair once above 1.60. I have no figured out at which point over 1.60 is a good entry. Will make another post re actual entry point.

Have a wonderful day……….Hopefully you are making real money and not using a practice account like I am.

Signed “The Fool”

Hopefully you got in short EUR/USD at the point i suggested…….1.5920 and up…..If you did you should be smiling…..Current price is 1.5886. I think it will go down to 1.5840’s. If you were trading 25 lots like I am doing you can always liquidate 15 at this point and hold for more profits. As I told you I went in at 1.587980 so I am a little on the losing side. Waiting for price to fall to 1.5840’s then I cash in my profits. Have a good night

Signed “The Fool”

By the way you are welcome re the profits you have made so far

Sure winner….I am shorting EUR/USD now at 1.587980……I know I got in early however i think the currency pair will rise and then fall so you can wait and be sure or take a little risk like I am doing. See you on the other side of the profits. I am in 25 lots. Mini lots

Signed “The Fool”

Good day wonderful viewers. Unfortunately my laptop is down and I am using a very old machine to surf the world wide web and also to trade. One good thing is because this machine is so slow it has trained me to be more patient. Anyway I am here and I will show you the last few trades I made. Unfortunately forex.com is only allowing me to show trades made since the 11th of April. I have been using $10,000 as my starting capital. Here are the trades from the 11th until present. For the record this is a practice account…….Wish I had $10,000 to risk however not in this economic climate. The practice is good though. I am still learning as you can see.

Profit— 8.10

Profit–10.00

Profit—3,542.50

Wow doing this with an old computer is a task. HHMM. As you can see I made a killing in one day from the appreciation of the USD vs EUR……I think we should see the Euro appreciating once more however its friday and the market is coming to a close so I say play it cool and not do anything. Aaww I know why couldn’t this be a real account. I could be taking a trip again. nothing happens before its time I guess.

Let me see if I can take a snap shot with this old machine if not I will have to ask my blog administrator to sort that out.

Ok folks as you can recall I have tried forex trading twice with my partner in crime my web admin. I think really and truely $10 gran is what is needed to make a substantial living. However we are going to try and prove this fact by first using a pratice account and then if it is successful we will move to a live account. So here is a snap shot of the account starting and then we will keep posting as usual with predictions, losses, and gains.

Hope everyone is well. Let the games begin.

Signed “The Smarter Fool” migliore casino onlinevideo poker virtualecasino poker gratisstanze di giococasino on line con,casino on line,giochi casino gratis on linedownload slotscasino gamingcasino bonus benvenutoi video pokergioco crapssexy casino onlinedownload casinogiochi baccaratcasino con bonus senza depositostrategie roulettegioco in lineaall slotstrucchi video pokergiochi casino online gratis,giochi casino,giochi di casino gratisgiochi black jack in lineaeurobarre casino on netquestionario bonus casinocasino paypalcasino online sicuriwww casino online comgioco video pokervideo poker online,giochi online video poker,video poker online gratisplay slotscasino online postepayonline casino gamesroulette game download,flash game roulette,roulette gamemigliori bonus casinovideo poker online gratisbaccarat downloadcasinos gamesgiochi casino flashgioco video poker gratisall slots casinono deposit casino on linegiochi blackjackweb casinocasino italia bonusaprire casino onlinecasino games,mobile casino games,online casino gamesgioco baccarat gratismetodi per roulettecraps in lineacasino gratis slot machinecasino venezia on linegiochi keno

Wow that was quick made 21.10 based on previous post. Bought EUR.USD at 1.446350 and placed trailing stop which cause selling price of 1.448460. Seems pair is about to turn to test todays low. I still believe the trading day will end above 1.45…..hhmm let’s see….Holding before entering the market.

Signed “Smarter Fool”

Pair went as low as 1.4437 and is on a slight uptrend. Seems like a good time to go long. Just entered at 1.446350. Should be a easy pickings up to 1.45. Place stop loss at 1.4410 and start taking profits at 1.4485 if you are trading more than one lot. I you are trading one lot you can use a trailing stop starting at 1.4480.

That’s it.

Signed “Smarter Fool”

morning…..I am just waking up and checking the market. Look at the EUR/USD pair….what a break out….from 1.46 to less than 1.45. Hmm….What is causing this break out? I haven’t read the news so I have no clue of what’s happening. What are your predictions for the pair? I think we might see the pair going to mid 1.44 however I am not sure this drop will last for many more days……HHMM…..interesting times ahead.

I will just sit by and watch to see what happens. Someone had asked why do I keep focusing on this pair. Based on my past experiences I have realized it’s best to concentrate on no more than three pairs unless you hear from reputable sources of a possible great buy in. Even then you should do some research yourself before entering the market.

The pairs I am concentrating on is EUR/USD, USD/JPY, and GBP/USD. That’s it for me today. Off to get some breakfast. HAve a wonderful day. See you later or tomorrow.

Signed “Smarter Fool”

Going long EUR/USD paid off. Made $14.90 trading one lot based on the parameters in the previous post. Unfortunately still trading with a practice account. On the verge of going live so will see how that goes.

I am out

Signed “Smarter Fool”

Making a quick trade…..going long EUR?USD at 1.463510 with stops at 1.4610 and taking profits at 1.4650.

Signed “Smart Fool”

Oh my goodness…the EUR/USD pair going short advice has done well…..unfortunately I still haven’t gone live. I feel like crying and look at the change from 1.4804 to low of 1.4623…..That’s some serious profits there. I don’t even feel like continuing this post. All I can say is I hope you guys capitalized on the advice.

I have no clue where the currency will go from here so I will hold my predictions. Hopefully i will get to the bank before the week ends. Tomorrow is a public holiday in Jamaica so I guess it’s Thursday or Friday.

Have a wonderful evening.

Signed “The Smarter Fool”

N.B. Name smarter fool derived from trying the forex market twice and losing and also reading tons of info from www.babypips.com ….I wouldn’t recommend my method. Losing is no fun however it forces you to quickly learn. If my 3rd time is not the charm it was fun while it lasted

And EUR/USD pair did exactly what I suspected. The only prob was it went up about 50 pips pass the ceiling I had mentioned however it sky rocketed below the  1.4847 point and went as low as  1.4784. I hope you had taken my advice and used a trailing stop.  Here sitting patiently for next week. Again I advise that you sell EUR/USD pair going into the weekend.  Current price 1.4840……I would suggesting waiting until the pair goes up a bit and closer to 1.49….after you sell at that point it’s sweet sailing to more profits next week.

I think when live trading starts next week I shall change my name from “The Fool” to “Smarter Fool”….aawww I like the ring of it already. Re going short on the EUR/USD pair don’t worry I don’t see the pair topping 1.50 so you will be fine.

That’s it…..have a wonderful weekend.

Signed “Smarter Fool” hahahha

Good day everyone. I know you are wondering whats happening as the 22nd has passed. I must apologize for the late start however the banks are packed. Not sure if in other countries you face the same dilemma re banks being packed for the last 10 days of every month. That’s the situation in Jamaica so I will just wait until the first week of Feb for wiring of funds to start live account.

I wished my blog admin and I had started the live account on the projected date as we would have been seeing profits already. I guess nothing happens before it’s time. Anyway I would suggest going short on the EUR/USD pair. Selling rate at this point is 1.48713 good point to sell EUR. Trust me this is a sure thing. Make sure your margin balance can withstand a rise to 1.4940…..if you can then you can ride out the potential lost until the market turns and you book profits. I would suggest a trailing stop to maximize profits as I estimate you can ride the down trend safely to 1.4847 easily.

That’s it for me until the account goes live. This will mark our third try…..They say the 3rd time is the charm so lets see if this is a myth or a fact….

Have a wonderful weekend

Signed “The Fool”