thanks and careful mate, over excited is no# 2 killer in trading



no worry chances are always there

tomorrow will be better than today.

John. I just received your email and will reply back this evening

I am using the signals of Henry since 2 months and they are good, much better then others I have tried when I started in Forex, they asked around $ 100 p/month for that crab.


This signals are brought to you by MSN or YM and that's nice.


We have often the same thoughts about trades, when I receive the signals sometimes I just entered myself and other times, when I didn't saw it myself, his signals are very good and simple to follow.


And for this price, everybody can try it for a couple of months and make a lot of pips.

Got in on Trade #85 and it was another winner!
I was conservative and made 40 Pips.

Henry is on FIRE.

Monday's Signals 5th June 2006

Results

84.
OPEN AUD/USD SHORT @ 0.7498 (HIT 1st Target)
1st Target = 0.7458
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(Pls go in with small lots only)


85.
OPEN GBP/USD SHORT @ 1.8770 (HIT 1st TARGET)
1st Target = 1.8730
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(Try to short at higher price and open small lots only)


86.
OPEN EUR/USD SHORT @ 1.2913 and above. (HIT 1st TARGET)
1st Target = 1.2873
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(Go small as this pair could go back up a bit)

87.
OPEN USD/CHF LONG @ 1.2065 and below. (HIT 1st TARGET)
1st Target = 1.2105
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(Go small as this pair could go back down a bit)

160 pips yesterday

thx

yeah it's very good signals,,,,,,,
Thankyou henry

Signals Result
Signal given on 6th June 2006

88. OPEN GBP/JPY SHORT @ 211.05 and above (HIT 1st TARGET)
1st Target = 210.65
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(make sure you have enough margin)

i'm very interested in henry's signal. can someone chat with me about it. Just needt some questions answered. i'm available for chat at the following

msn message - treobruce@gmail.com
yahoo or AOL IM - treobruce

thanks

hi everyone,

i'm also very interested in Henry's signal, coud some talk with me about that.

my MSN contact is nsfatt07@hotmail.com

Thanks

Perhaps its easier just to ask Henry directly. You can find his email on the homepage.

nothing to talk about, if you trust him then join it.

i'd say his signal is 80% accurate, but in order to be almost 100% profitable you should open your trade with only 1-3% of your capital for each trade, totalling up every position for the max of 30% and leave the rest for margin.

henry i roughly know what signal you're using

to those who're still deciding, don't think too much, with this kind of price you won't get any good service out there, ++ friendly henry.

This is one of my managed accounts.

Managed since 29th May 2006.

Trading Result

I don't know it's good advice or not because it encourages members to become greedy in trading but as long as the service is accurate then it's not a big issue.

Let's make this thread unbias. I'm just curious because all the posts here were pro-Henry, what about the anti?
I mean, is there anybody here lost some pips using Henry's signal? Please speak up for this thread's sake...

I hate to say it, but henrys strategy (i know it) is good enough not to recieve criticism. Only thing bad about henry is he doesnt sleep enough LOL.

I dont use his signals either. I just know how he trades, and what his chest looks like :S

hello guys, I'm a newbie here and I'd like to ask some questions regarding forex. I'm a subscriber of henry's signals and I'm paper trading in marketiva till I get used to this. Your answers will be highly appreciated.

1- Sometimes I get a signal that says:

EUR/USD long @ 1.2541
1st target 1.2581

and the actual price is 1.2551, what should I do? Start the trade at 1.2551 and not follow henry's signal start price, or set a limit buy at henry's signal price (1.2541) and wait untill the price fall enough to execute the order? what if I set the buy limit and the price never reaches 1.2541 in weeks?

2- Stop loss: I know some people like'em some don't, in some trades I set up a 50 pips SL and I got kicked, there is a signal running right now EUR/USD (didn't set up any SL) and is -195 pips so far.....I know this is a personal decision but how many pips would you put in a SL?
I know that a signal can run for days till hit the target, but SL plays a very important roll here. Is -200 pips normal or you would've closed that trade already?

3- Margin: I know some traders say to trade between 3% - 5% each trade but how many trades??? How much margin would you leave in your account balance?

4-What's the difference between:

Price type: Limit : execute the trade at the price you set up
Market : execute the trade at the current price
Stop: same as Limit ????????

I think that is all for the moment, thanks in advance for your answers and have a great day.

Let me try and answer your questions. I am by no means a pro, but i have watched the Forex for a long time.

1. That depends - if you got the signal 24 hours ago you should probably just drop it, however if you have just received it and the market havent moved a lot you can always enter at the price thats close to the one in the mail - perhaps adjust your Take Profit and Stop Loss accordingly.

2. Stop Loss depends on your nerves. I dont use them myself, but if you are on a low margin, perhaps it would be nice to set it up. Regarding the beating you took today in the EUR/USD market i dont think you need to worry about that - it will bounce back in time, so if you have the margin i dont think you have a problem with it.

3. I think the rule is to have around 30% in margin - adjust to yourself.

4. Limit: When the trade reaches the rate you have set the trade will be closed and your profit will be credited. Also known as "Take Profit".

Market: The order will first be executed when the price are reaching the rate you have set.

Stop: The opposite of Limit. Also known as "Stop Loss". When the price are reaching the rate you have set, the trade will be closed with a loss. Effectively stopping further losses.

I hope that answers your questions.

it may be true that the euro will rally before continuing the downtrend but i think it should be pointed out and im sure Henry will be the first one to admit that he has got it completely wrong this week.

i know folks have posted up strategy's for using 50 pips SL on Henry's signals but you would have lost on nearly every signal this week. only using no SL have you any chance of profit this week.

it all looks very good on a forum to post a couple of times per week loads of numbered trades with HIT 1ST TARGET beside them but IMO when a trade reverses 200 pips on you the only thing you can call a 40 pip profit later is a lucky escape.

this week may be an exception and i'm by no means insulting Henry or his signals but folks need to understand how they work in the real world not how pretty the results look on a forum.

pips on paper is all well and good but only $ in the bank mean anything.

SC

Thank you for your inputs and comments.

Well I never say my signals system is 100% everytime. I rate it as 80% only.

Well sometimes I do make mistakes, and this is one of them. But if you are disciplined enough and patient enough, you can easily make back the pips. Just need time and discipline. Forex is never a guaranteed investment.

I just do my best and have your interests in mind.

From now on, there will be an indicator of risk level for each signal. So trade accordingly and have sufficient margin.

Sinerely

Henry

PS: another thing we didn't lose the whole week.

84.
OPEN AUD/USD SHORT @ 0.7498 (HIT 1st Target)
1st Target = 0.7458
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(Pls go in with small lots only)


85.
OPEN GBP/USD SHORT @ 1.8770 (HIT 1st TARGET)
1st Target = 1.8730
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(Try to short at higher price and open small lots only)


86.
OPEN EUR/USD SHORT @ 1.2913 and above. (HIT 1st TARGET)
1st Target = 1.2873
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(Go small as this pair could go back up a bit)

87.
OPEN USD/CHF LONG @ 1.2065 and below. (HIT 1st TARGET)
1st Target = 1.2105
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
(Go small as this pair could go back down a bit)

88. OPEN GBP/JPY SHORT @ 211.05 and above (HIT 1st TARGET)
1st Target = 210.65
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close

Signal Results

94.
OPEN AUD/USD LONG @ 0.7420 (HIT 1st Target)
1st Target = 0.7460
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close


95.
OPEN NZD/USD LONG @ 0.6283 (HIT 1st Target)
1st Target = 0.6323
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close

97.
OPEN USD/CAD SHORT @ 1.1193 (HIT 1st Target)
1st Target = 1.1153
2nd Target = Let it run till signal comes.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

you won't hear it when there's nothing bad to talk...

I have just read through this entire thread and it is very very impressive. However, it seems from the last few posts that the system has suffered a few big losses this last week? Can anyone tell me whether using the signals this week would have given you an overall losing week?

Also - can anyone who has been using the signals for the last month or two tell me how much profit they have made on their starting account balance? I have seen people mention 40% in a week which seems incredible!

I have no problem with this at all as i realise noone can win all the time. I will be doing more reading about forex and then will start testing these signals on a demo account soon, keep up the good work Henry!


I hope someone can take the time to answer these questions.

maybe wait for another week since this 2 weeks is not a good timing to trade.

thanks Machenka for your comments, it was very helpful,

Hi, sorry to ask this newbeeish question (I am just started):
What should I do if the signal said like this:
USD/CAD Buy around 1.0960 Sell target 1.1098 Up Open Long
Signal: Buy at 1.0960 SL 1.0920 TP 1.1098

I am using marketiva if that's important.

Thanks.

so what is the signal ??

It means open a long at 1.0960(+ spread), Initial Stop loss at 1.0920, Target is 1.1098(+ spread)

(Using marketiva is not important lolol )

Hai guys,

so, any results for this week?

I was thinking the same. Would be nice to see a update!

it's just me or this past week has been a really bad week to trade???

Actually USD/CAD -118 pips
USD/JPY -38 pips
USD/JPY -217 pips
EUR/USD -191 pips

im just paper trading so it doesn't matter yet.....I fully trust Henry's signals but seems that the last 2 weeks weren't the best ones....

cheers!

Oh. My dear..

Lucky you were in paper only.. Else it will be very painfully.

these would have been stopped out much sooner

Nobody will hold these if they play short term. Normally an SL of 80 pips will close them.
I do admit a bad week for me. Cheers.

We can't win everytime. Cheers.

Yes. I did facing lost several times even I am very careful in trade.

Well, as long as we can produce more profits trades and everything should be fine

What, no SL?

Goozman

me is the best week for me i have earn 200%

from 2000$ to 6000$ yeah



no stop loss

i think henry is write

stop loss : your own stop loss or wait for signal to com

henry, perhaps you should call a close when your recomended signal goes beyond 80 pips loss. you can't just assume here, once you recomend, you must follow up until the trade is close. hope you can improve with your service.

I'm just testing the signals I'm getting from Henry, in some trades I put a SL in others I don't, but if this past week I would put a SL at 80 pips I would lost a lot more, because some signals went way low before they hit the target.....I guess this is not the right week to start forex.....Besides I'm a lot more concentrated in the FIFA Worldcup, Argentina's victory 6-0 was awsome......

As far as i know, henry is in his signals till the end. Or a definent change of direction is in. The big negative of his strategy are full market retracements as far as i can see. Not defending him, but maybe some care to be taken when you enter the market.

MONDAY 19th June 2006.

109.
OPEN USD/CAD SHORT @ 1.1240 (Hit 1st Target)
1st Target = 1.1200
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium


110.
OPEN EUR/JPY SHORT @ 145.40 (Hit 1st Target)
1st Target = 145.00
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium


111.
OPEN USD/JPY SHORT @ 115.38 (HIT 1st Target)
1st Target = 114.98
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

113.
OPEN NZD/USD LONG @ 0.6170 (HIT 1st Target)
1st Target = 0.6210
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

Tuesday 20/6/2006

114.
OPEN EUR/USD LONG @ 1.2580 (HIT 1st Target)
1st Target = 1.2620
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = HIGH

Wednesday 21/6/2006

115.
OPEN EUR/JPY LONG @ 144.75 (HIT 1st Target)
1st Target = 145.15
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = HIGH
PLS CLOSE YOUR E/J SHORT SIGNAL 110 or set SL at profit.

Thanks for that info dude

I've used his signals for the past 2 months and its always been profitable, if not at the end of week but at the end of the month for sure.If you know how to do moneymanagement and not risk all your money one 1 single trade this is the guy to go with.On a good week he can get you above 1000 pips per week and on a bad week around 200 if you use SL effectively.He is the only trader I know who gives signals for all 9 pairs with amazing accuracy.Thank you henry for all the things you've done.

Safeace

Some signals results from week 12/6

105.
OPEN EUR/GBP LONG @ 0.6837 (Closed at +35pips)
1st Target = 0.6877
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium



106.
OPEN USD/JPY SHORT @ 114.84 (closed at 114.70)
1st Target = 114.44
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium


107.
OPEN AUD/USD LONG @ 0.7380 (HIT 1st Target)
1st Target = 0.7420
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

108.
OPEN USD/CAD SHORT @ 1.1115 (HIT 1st Target)
1st Target = 1.1075
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

This week's

112.
OPEN AUD/USD LONG @ 0.7374 (CLOSED AT +3 pips)
1st Target = 0.7414
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

113.
OPEN GBP/USD LONG @ 1.8437 (Loss)
1st Target = 1.8477
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = HIGH

114.
OPEN EUR/USD LONG @ 1.2580 (HIT 1st Target)
1st Target = 1.2620
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = HIGH

115.
OPEN EUR/JPY LONG @ 144.75 (HIT 1st Target)
1st Target = 145.15
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = HIGH
PLS CLOSE YOUR E/J SHORT SIGNAL 110 or set SL at profit.

116.
OPEN NZD/USD SHORT @ 0.6195 (Closed at +30)
1st Target = 0.6155
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium
PLS CLOSE YOUR N/U LONG SIGNAL 113 or set SL at profit.


117.
OPEN AUD/USD SHORT @ 0.7378 (Closed at +30)
1st Target = 0.7338
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium
PLS CLOSE YOUR A/U LONG SIGNAL 112 or set SL at profit.

118.
OPEN GBP/USD LONG @ 1.8448 (Loss)
1st Target = 1.8488
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

119.
OPEN NZD/USD LONG @ 0.6200 (Loss)
1st Target = 0.6240
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium
PLS CLOSE YOUR N/U SHORT SIGNAL 116 or set SL at profit.

120.
OPEN AUD/USD LONG @ 0.7385 (Loss)
1st Target = 0.7425
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium
PLS CLOSE YOUR A/U SHORT SIGNAL 117 or set SL at profit.

121.
OPEN USD/CHF LONG @ 1.2360 (HIT 1st Target)
1st Target = 1.2400
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

122.
OPEN EUR/USD SHORT @ 1.2640 (HIT 1st Target)
1st Target = 1.2600
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = HIGH


123.
OPEN USD/CAD LONG @ 1.1105 (HIT 1st Target)
1st Target = 1.1145
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

Had a bit of losses this week, hope to see a good next week..

124.
OPEN AUD/USD SHORT @ 0.7380 (HIT 1st Target)
1st Target = 0.7340
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = Medium

MOnday 26th June

126.
OPEN EUR/USD LONG @ 1.2560 (Hit 1st Target)
1st Target = 1.2600
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = HIGH
SL = 1.2510

127.
OPEN USD/CHF SHORT @ 1.2448 (Hit 1st Target)
1st Target = 1.2408
2nd Target = Let it run till it hits +100 or you think you had enough.
Stop Loss = ur own SL or wait for signal to close
Risk Level = HIGH
SL = 1.2498