Chocolate Pips

Bonus Transferred Back.

2012-05-12T22:18:00.001-07:00

Bonus transferred back to my account. Will check on Monday to see if it's still there.

Sir, your bonus was compensated in accordance with your bonus program. Your current bonus depends on the trading volume on your account and net deposit (the difference between deposited and withdrawn funds), i.e. the more you trade, the bigger bonus you can get for net deposit. If you have losses, the bonus is recalculated too, sir.

Exness bonus issue

2012-05-12T05:23:00.001-07:00

So funny. What is happening to my bonus at broker Exness? I have 2 live accounts which have been verified. My bonus is withdrawn from me on Saturday 12-05-2012. After I have sent a request to live chat, they give back me my bonus and after that they withdraw again. OMG

Bonus withdrawn?

2012-05-11T18:26:00.001-07:00

J Scalp

2012-05-10T22:24:00.001-07:00

Scalping Asian session.

Wait for a long candle spike in M15 during asian session.
Then take a position on the other side of the long candle's direction.
Fade this long candle spike with TP of +5 pips.

.

Scalping

2012-05-09T23:20:00.001-07:00

Scalping m15 chart since 2012

:)

2011-12-05T20:51:00.001-08:00

December 2011
Will probably trade until the 15th of Dec.

2011-11-30T20:46:00.001-08:00

Live Account

Trading System :

SEFC in Forex Factory (70% trades)

Invictus in Forex Factory(10% trades)

Price Action Scalping System (PASS) (20% trades)

Doubled my account in less than a month.

Will continue testing this systems.

Scalp

2011-10-07T19:44:00.000-07:00

Scalping is my newest strategy which i have been using for 2 months now.

Scalping is fun if you do it right.

Most important factor in successful scalping is using a low spread broker.
I recommend Exness.com - Super Low Spread Broker

Timeframe - 15min
Pair - Eur/Usd

Strategy -
Fade big spikes eg. 30 pips candle in the 15min chart
Fade when price reach support/resistance areas
Practice practice until you get a hang of it

Take Profit - 4 pips

Stop Loss -
No stop loss
If there is a losing position either :
1. Average to get out at breakeven
2. Keep scalping and reduce the losing position's lotsize

Scalp Scalp

2011-10-07T18:58:00.001-07:00

24/03/2011

2011-03-24T17:13:00.000-07:00

Confirmation Buy Setup

Euro bounce of the Fibo support and RN support at 4050. Great day ~

Euro needs to break the trendline and yesterday high for an assault at 1.4280.

Just another day

2011-03-23T18:18:00.000-07:00

Confirmation Setups

2 trades yesterday, 1 long and 1 short in Fiber.
Great setups great trades.

Retest Sell Setup

Nothing much happening in FKLI, i am still waiting for a good setup.

Euro Climbing Up

2011-03-17T21:59:00.000-07:00


Confirmation Buy Setup

Took 2 Long trades yesterday.

1st one was a Breakout Buy at 1.3950. The breakout was strong and i was aiming for price to fill the wick of the previous's days M15 spike in the chart ( during the JPY flash crash).

2nd trade was taken with a Confirmation Buy Setup. A fairly straight forward trade with R:R of 1:1

Long FKLI and EURO

2011-03-17T02:01:00.000-07:00

Long FKLI at 1489 today. The Black Swan event last Friday has subsided. Risk is back.

Also long EUR/USD at 1.3950. Partial take profit at 1.4000. Remainder letting it to run.

Wild Swings Day

2011-03-16T16:46:00.000-07:00

Wild Swings

What a wicked day! I took 2 days off from trading and this is what i saw this morning. 796 pips drop in GBPJPY, 636 pips drop in EURJPY, 416 pips drop in USDJPY, 296 pips drop in USDCHF.
Euro is a non mover. It feels like Oct 2008 today.
Stay safe in trading, trade smaller lots and remember to cut loss when things don't go your way.

Change

2011-03-15T23:49:00.000-07:00

Typically USD would gain strength in such situations, but lately market sentiment is shifting. Insted of USD, EUR & CHF are now treated safe havens.
This is a very recent development and could last long if conditions in US dones't change

Correlation between Euro and FKLI

2011-03-11T06:23:00.000-08:00


Inside Bar Sell Setup

The Inside Bar Sell Setup at 1515 for FKLI did really well. It yielded 20 points profit from the breakout sell.
Currently FKLI has reached a significant Support level, i would not take any trades in FKLI on Monday.
I will be looking for a new setup whether its a Buy or Sell setup. Do not allow today's event to have a BIAS on your trading. Always trade what the market give you, not what you think the market will give you.

I LOVE IT when there is correlation between Euro and FKLI, both dropped because of Risk Aversion events on Friday. This really confirms and give me more confidence to hold the FKLI on Friday. However booking all profits on the significant support is the safest way as i do not want to be stopped out by a gap on Monday.

Confirmation Buy Setup

This is a countertrend Buy trade taken on Euro when it confirmed. Quick +20pips profit .

FKLI Trade is not too bad

2011-03-10T02:06:00.000-08:00

Inside Bar Sell Setup

FKLI Inside Bar Sell Setup posted yesterday is doing well.
Take profit when i see a bounce in the hourly chart.
Correlation between FKLI and EURO is back.
When EURO correlates with my FKLI trade, i am more confident in it.

EURUSD Setup 9/3/11 - Trade Closed

2011-03-09T03:55:00.000-08:00

Retest Buy Setup

EURUSD Retest Buy Setup trade closed with profit of +53pips.
Euro got a boost from funny-mentals news.
Euro garnering some support from news that ECB has stepped in to buy Greek and Portuguese bonds.

EURUSD Setup 9/3/11

2011-03-09T02:40:00.000-08:00


Retest Buy Setup

EURUSD Setup - Long Euro on the break of 1.3875.

FKLI Setup 10/3/11

2011-03-09T01:57:00.000-08:00

Inside Bar Sell Setup
FKLI Setup 10/3/11 - Sell on the break of 1515.

FKLI Trade Setup 9/3/11

2011-03-08T15:55:00.000-08:00

Setup - Sell on the break of 1514.

Pips banked in GBPNZD

2011-03-08T15:41:00.000-08:00

Pips banked in my GBPNZD trade yesterday with 100+ pips profit.
Setup - Price created a new high on Monday but closed below Friday's open. Sell when price broke below the Monday's low. Bears were in control as shown in the inverted bearish hammer.

Trading on Micro

2011-03-07T17:23:00.000-08:00

Trade Setups on others (anything besides EU,GU, EJ, GJ, USDCHF, USDJPY)

Taking trades on other pairs in my micro account.
Sell GBPNZD on the break of previous day low.

FXDD live account contest

2011-03-02T09:35:00.000-08:00

FXDD live contest in the ranks. lucky for me i guess.

nov 2010

2010-11-29T08:14:00.001-08:00

November 2010 was a profitable trading month for me. My entries example in this post.