I finally passed my PMP exam thanks to everybody. I set aside 3 months of studying which included reading the PMBOK, watching the lessons and reading Rita Mulcahy.
Towards the last few weeks I did one practice exam per week and 3 days before taking the exam I did 2 practice exams per day. The Simulator exams really helped me understand how to read the questions as well as answer them.
The way a question is asked or phrased usually gave an indication regarding the processes or knowledge area that the question was referring to. The way that the Simulators phrased the questions allowed me to adopt a certain frame of mind, so when I took the actual exam it was easy to understand the question. Its important to stay calm during the exam and not second guess your answers, my first attempt answers were always correct.