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Signals Review August 16~20, 2010 - 902+ Pips of Potential Profits!

Discussion in 'Current Forex Trading Signals' started by Henry Liu, Aug 22, 2010.

  1. Henry Liu

    Henry Liu Former FPA Special Consultant

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    Hey folks:

    It was a great week for news trading as most high impact tradable news releases were scheduled apart for maximum market movement. Here's what happened:

    1. Tue August 17, 2010 4:30am EDT - UK CPI y/y - No Trade
    Historical Chart & Data

    2. Wed August 18, 2010 4:30am EDT - UK MPC Meeting Minutes Trade Triggered - 120+ pips of potential

    3. Thu August 19, 2010 4:30am EDT - UK Retail Sales Trade Triggered - 162 Pips of Potential
    Historical Chart & Data

    4. Fri August 20, 2010 7:00am EDT - CA Core CPI No Trade
    Historical Chart & Data

    Total Potential Pips: 282 Pips.

    ***

    As far as weekly trend, this is what I wrote:

    1. USDCAD dropped to the Support at 1.0250 and when up to the 1.0500, giving us about 250+ pips of potential Gain.
    [​IMG]

    2. USDJPY dropped to the support at 85.00 3 times, each giving us a chance at 50+ pips of gain.
    [​IMG]

    3. EUR/USD consolidated above the 1.2910 area, then at the closing on Friday it's back around 1.2700 = 210 Pips of Gain.
    [​IMG]

    Total Weekly Trend Potential Pips = 510 Pips

    ***

    Pre-News Trading:

    1. UK CPI (08/17) Pre-selling would yield about 50+ pips if you waited to enter at the top.
    [​IMG]

    2. UK MPC (08/18) Pre-selling would yield up to 88+ pips if you got in early Asian session.
    [​IMG]

    3. UK Retail (08/19) Pre-selling would yield up to 92+ pips. The entire Asian market was selling off GBP.
    [​IMG]

    4. CA CPI m/m (08/20) Pre-selling would give you a negative on this trade, as the entire market was driven by risk sentiment. If you hold on to the last minute and got in at the worst entry, you are looking at -120 Pips... (however, pre-news didn't fail because of wrong analysis, it failed because of risk aversion sentiment... you can check other charts and see it was an one-way street for USD and JPY which gained across the board).
    [​IMG]

    Total Potential Pips on Pre-news = 110 Pips.

    ***

    Total Potential Pips as result of this week's analysis: 902
    If you only got 25% of that, you are looking at:225 pips.


    If you made some pips this week as a result of my analysis. I'd love to hear from you. Please kindly share them here.

    Also if you use Twitter and Facebook, you can easily share my analysis by clicking on the share buttons above...

    Thank you!


    [​IMG]
     
    #1 Henry Liu, Aug 22, 2010
    Lasted edited by : Sep 8, 2016
  2. Kerry123

    Kerry123 Recruit

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    I have to agree with some of the previous posters that Henry's potential pip post are ridiculous, do more harm than good and are simply Henry's way of self-promotion.

    I wish he would stick strictly to news analysis or be more specific with he sediment trading calls.


    Kerry
     
  3. jedzn

    jedzn Recruit

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    I'm learning...

    Henry,

    Fantastic calls last week... thanks so much. I didn't make nearly as much as I could have made, but still was profitable. I ended up taking about 60 PIPs in the GBPUSD, 30 PIPs in USDJPY, and 52 PIPs in USDCAD.

    However, I should also mention that I took nearly 150 PIPs going short the AUDUSD as well. I guess you didn't mention that here, but maybe I saw it in your weekly analysis in the 10Kto1MM program. You had suggested shorting above .9000 and, of course, that turned out great.

    Thanks again!

    Jon

    P.S. At what point would you have felt confident shorting the EURUSD last week? It kept hovering around 1.2900 at the high and I was waiting for a bit deeper of a retracement...
     
  4. jedzn

    jedzn Recruit

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    Stop whining

    Kerry, Henry has every right to self-promote... he continually makes good calls! Obviously, it's highly unlikely that anyone would make ALL the potential PIPs in his post. The point he makes at the end is that if you made only a small fraction of the potential, you'd still be doing REALLY FREAKING WELL. So please... stop whining and start taking a little more risk than you're used to trusting Henry's advice. You might be pleasantly surprised after a few weeks.
     
  5. Huwee

    Huwee Corporal

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    Hey Henry,

    Thanks for a good week! As a novice I stick to trading the relative safety of the news releases, but made 59 pips this week.

    Cheers - and hope you had a good week yourself!

    Huwee
     
  6. BayoBest

    BayoBest Private

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    Keep it up

    Henry,

    Despite i couldn't do better this week i ended up with some profit 120pips. Your work is putting smiles into some people's face even if they remain silent and some still mock just because they can't follow your analysis appropriately. Just keep it up. More grease to your elbow and God bless your family.

    I'm looking forward to this week analysis.

    Thanks, Thanks and Thanks.

    Sam.
     
  7. jennifer martin

    jennifer martin Recruit

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    i think that you miss the point. at the end of the week he looks back to see what the maximum pips that could possibly be gleened during the week. it should be fairly obvious that no one ever makes that maximum pips, however it does give an indication of the strength of the analysis for that last week. being able to get 1/4 of 900 odd pips is good going as far as i am concerned.
    i must admit i havnt had the courage to do the pre news trades yet but there is alot to be learnt from henry. it looks like there a number of people on this forum who are doing ok.
     
  8. lpc9898

    lpc9898 Private

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    Thanks Henry for your generous sharing.
    I learned a lot from your news trading analysis.
    God bless u.
     
  9. C. Collins

    C. Collins Private

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    pips earned

    Henry,
    MAN!!!! Keep up the good work....For this week I profited 6.3% on my investment with 145 pips following your news trading plan.....Would have made 8.45% this week but don't like to carry trades over the weekend....I Strongly recommend to anybody to make sure and buy Henrys' E-book "Difinitive Guide To Fundamental News Trading."....... Hope your weekend was a peaceful and relaxing one.
    Thanks, C. Collins
     
  10. Mumtaz_9979

    Mumtaz_9979 Recruit

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    thank u very much sir i gate 300pipes form ur signals again thank very much.
     

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