Author Archive

Posted on March 10, 2010 - by Brendan Lee

Success rate of 75% for the month of February 2010

259 pips profit was generated for the month of February 2010. 12 trades were executed: 9 trades won and 3 trades lost. This results in a Success rate of 75%!

If you are trading 1 full contract (100,000) per trade, your profit for 259 pips will be around US$2590.

Here are the details of my trades:

1. EURUSD: 70 Pips Loss

EURUSD falls after hitting the stop. This shows that our strategy is still good, but we had placed our stop too close for this trade. Read more…

Posted on February 22, 2010 - by Brendan Lee

329 pips profit was generated for the 1ST 3 Weeks of February 2010

329 pips profit was generated for the 1ST 3 Weeks of February 2010. 11 trades were executed: 9 trades won and 2 trades lost. This results in a Success rate of 81.82%!

If you are trading 1 full contract (100,000) per trade, your profit for 329 pips will be around US$3290.

Here are the details of my trades:

1. EURUSD: 83 Pips Loss

Stop has triggered at 1.3530, loss is 83 pips. Read more…

Posted on February 14, 2010 - by Brendan Lee

87.5% success rate in 1st 2 weeks of February 2010

241 pips profit was generated for the 1ST 2 Weeks of February 2010. 8 trades were executed: 7 trades won and 1 trades lost. This results in a Success rate of 87.50%!

If you are trading 1 full contract (100,000) per trade, your profit for 241 pips will be around US$2410.

Here are the details of my trades:

1. EURUSD: 52 Pips Profit

4 hours ago, we had shorted EURUSD at 1.3776.
Just a while ago, we had closed my position at 1.3724, profit is 52 pips.
If you are trading 1 standard lot, 52 pips is equivalent to USD520. Read more…

Posted on February 3, 2010 - by Brendan Lee

324 pips profit was generated for the month of January 2010

Dear friends,

We had generated 324 pips profit for the month of January 2010. 11 trades were executed: 8 trades won and 3 trades lost. This results in a Success rate of 73%!

If you are trading 1 full contract (100,000) per trade, your profit for 324 pips will be around US$3,240.

Here are the details of my trades:

1. EURUSD: 52 Pips Profit

Support seems to be forming at 1.3950, so decide to take profit.
Bought back EURUSD at 1.3958, profit is 52 pips. Read more…

Posted on December 24, 2009 - by Brendan Lee

Forex Trading As A Home Business

Forex trading is an easy activity, as some people would like you to believe. A realistic assessment of the forex trading market should be made before putting real money at risk. This forex trading review will try to give you a good overview of the forex market.

Trading forex is like many financial trading businesses in this world. What makes it different are the items that are being traded and the complex factors that influence price fluctuations. Forex trading is a speculative activity and one mistake can burn a big hole in your pocket. The best thing to do is invest carefully until you have a full understanding of how the market moves.

Forex Trading is being called “today’s exciting new investment opportunity for the savvy investor”. The reason is that the forex trading market only began to emerge in 1978, when worldwide currencies were allowed to ‘float’ according to supply and demand, 7 years after the Gold Standard was abandoned. Read more…

Posted on December 20, 2009 - by Brendan Lee

Where is S&P500 Index heading to?

I had built a financial model years ago. This model shows that over the past 10 years US interest rate and S&P500 have a close correlation.

In 30 July 2008, I had posted an article (see here) predicting that there is a lot of downside potential for S&P500. As you can see from the chart below S$P500 and Fed rate have a high gap. S&P500 was trading at 1263 then. We know what happens after that: S&P500 fell from 1263 points to a low of 663 points (9 Mar 09).

S&P500 Vs Fed Rate as at 30 July 2008

Read more…

Posted on November 18, 2009 - by Brendan Lee

100% Success Rate in 1st Half of November 2009

238 pips profit was generated for the period of 1st November to 16th of November 2009. 6 trades were executed: 6 trades won and 0 trades lost. This results in a Success rate of 100%!

If you are trading 1 full contract (100,000) per trade, your profit for 238 pips will be around US$2,380.

Here are the details of my trades:

1. EURUSD: 31 Pips Profit Read more…

Posted on November 16, 2009 - by Brendan Lee

Breakthrough Discovery In Forex Trading

If you have been trading long enough, I believe you will be very familiar with the technical indicators, ie Bollingerband, MACD, Williams, Commodity Channel, Relative Strength Index, Parabolic etc.

But have you been making money using those indicators? Sometimes I guess. Have you wondered why sometimes it works and why sometimes it does not work?

I had heard of extreme comments from other traders, ie “indicators do not work”, “don’t waste your time using indicators”, etc. Possibly those traders have been losing a lot of money using indicators in their trading and possibly they have learned to trade forex the wrong way.

In the past 1-2 years I have heard of trading courses started to teach trading without using any indicators. So this means even the trading educators who have been trading for years do not believe in indicators. Read more…

Posted on November 6, 2009 - by Brendan Lee

4278 pips profit since August 2008

We had generated 4278 pips profit since August 2008. This is also a great achievement for our students and subscribers who have taken the commitment to learn forex trading from Tactical Trading Academy.

We do not have 100% success rate in our forex trading program. But we have more Profits than losses, this shows that we have a proven forex trading strategy.  Read more…

Posted on October 1, 2009 - by Brendan Lee

Sept 2009: 490 pips profit was generated (79% success rate)

We have post our trades regularly in our website and you can see that we are profitable traders ourselves. We believe that only profitable traders can qualify to be trading educators.

These are our trades in September 2009:

490 pips profit was generated. 19 trades were executed: 15 trades won and 4 trades lost. 79% success rate.

If you are trading 1 full contract (100,000) per trade, your profit for 490 pips will be around US$4,900.

Here are the details of my trades:
Read more…