Latest News
Thursday, December 31, 2009
Trade Results
Open Positions: 3
Closed Positions: 3
Total Pips Earned: 282.3
Total Profit Earned: 282.30
Just can't get my hands off the trading platform...hehehe. Now I am really gonna enjoy my New Year Celebration !!!
See ya !!! & Happy New Year !!!
"Assimilate into your very bones a set of trading rules that works for you"
Labels:
Trade Results
Wednesday, December 30, 2009
Trade Results
Open positions: 17
Closed Positions: 17
Total In Pips: 871.8
Total In Profits: 1279.12
A great run & a great end to welcome in a brand New Year !!! Push my boundaries to close the year with a bang !!! All thanks to the candlestick pattern technique...
Finally, with an ease of mind...I can lay back & take a break to celebrate the New Year with my family & friends...
Wishing you all a Happy New Year !!!
"Assimilate into your very bones a set of trading rules that works for you"
Labels:
Trade Results
Tuesday, December 29, 2009
My Latest Reward For A Job Well Done !!!
Hello again !!!
It's a happy day for me & I want to share it with you all...got myself a present...
Although I did not manage to get what I want this year & that is of course a Rolex watch...nevertheless I am happy to reward myself with this small token as a testimonial to celebrate my success on Forex trading this year...
Always believe in yourself & never forget your roots or look down on anyone...be humble & share your thoughts & ideas so that we all can grow as individual...learning forex is for all !!! sharing it does not mean you will get poorer or your market share will be lesser...so remember that !!!
"Seamaster 300m Chrono Diver"
Again Merry Christmas & A Happy New Year !!!
"Assimilate into your very bones a set of trading rules that works for you"
Labels:
My Rewards
Merry Christmas To Me & You !!!
Hello everyone !!!
Looks like our last trade setup went according to plan...I hope you all benefit from that candlestick pattern that appeared last week. It's been a wonderful Christmas & a great year for me !!!
So keep learning those candlestick pattern technique !!! & start earning money the way it should be...remember learning Forex is free !!! all you need is to do is some read up on techniques that forex trader uses & find your very own style of trading...
Remember !!! Be the minority not the majority....cause that is the way the layman forex trading system strategy works...
See ya !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Looks like our last trade setup went according to plan...I hope you all benefit from that candlestick pattern that appeared last week. It's been a wonderful Christmas & a great year for me !!!
So keep learning those candlestick pattern technique !!! & start earning money the way it should be...remember learning Forex is free !!! all you need is to do is some read up on techniques that forex trader uses & find your very own style of trading...
Remember !!! Be the minority not the majority....cause that is the way the layman forex trading system strategy works...
See ya !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Monday, December 21, 2009
Monday Blues...
Hello everyone...
Here is a candlestick pattern that is worth looking into...that is what I call perfect formation...
Nevertheless, always remember to check your indicator & oscillator on the direction of the trend it is heading...refer to the candlestick pattern images & ideas for what to look for in this pattern...
Good Luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Saturday, December 19, 2009
Christmas Shopping
Hello everyone,
It's been a quiet week for me on Forex, cause I was too busy with the Christmas shopping & stuff...nevertheless I have always keep myself in line with the candlestick pattern reading no matter how my tight schedule is...
Anyway you guys wanna hear a joke ???
Well it's a clumsy mistake on my part...after days of opening my trade...I realized that I have made a big mistake by opening up a trade with only 1 lot...& I mean 1 damn freaking lot !!! that's pathetic rite ??? hahaha....
Well another note taken & lesson learn...you should never, I mean never open a position with 1 freaking lot !!! if you do that, might as well you just tumble dry your clothes....
Enjoy the weekend you all & hopefully I will be free next week to concentrate on a comeback from this measly 1 lot fiasco !!! hahahaha
"Whatever you do, whether you bet with the herd or against, think it through independently first."
It's been a quiet week for me on Forex, cause I was too busy with the Christmas shopping & stuff...nevertheless I have always keep myself in line with the candlestick pattern reading no matter how my tight schedule is...
Anyway you guys wanna hear a joke ???
Well it's a clumsy mistake on my part...after days of opening my trade...I realized that I have made a big mistake by opening up a trade with only 1 lot...& I mean 1 damn freaking lot !!! that's pathetic rite ??? hahaha....
Well another note taken & lesson learn...you should never, I mean never open a position with 1 freaking lot !!! if you do that, might as well you just tumble dry your clothes....
Enjoy the weekend you all & hopefully I will be free next week to concentrate on a comeback from this measly 1 lot fiasco !!! hahahaha
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Monday, December 14, 2009
Forex Scalping Trading In Play...
Hello everyone,
Things are looking kinda sideways to me...from my opinion, stay away from entering any trades at the moment till we can see any form of trend emerging...
From a layman point of view, this is a chance for scalping trading to go into work. Scalping trading is quite risky. Only if you are well prepared, are you able to gain profit from using the scalping technique.
This might sound risky however scalping can be quite a low risk strategy if performed correctly. As you are aiming to profit from a lot of small movements, the downside risk should be similarly kept to a very tight range. A strict exit strategy must be implemented because one large loss could eliminate the many small gains that you have worked to obtain.
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Things are looking kinda sideways to me...from my opinion, stay away from entering any trades at the moment till we can see any form of trend emerging...
From a layman point of view, this is a chance for scalping trading to go into work. Scalping trading is quite risky. Only if you are well prepared, are you able to gain profit from using the scalping technique.
This might sound risky however scalping can be quite a low risk strategy if performed correctly. As you are aiming to profit from a lot of small movements, the downside risk should be similarly kept to a very tight range. A strict exit strategy must be implemented because one large loss could eliminate the many small gains that you have worked to obtain.
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Saturday, December 12, 2009
Results
Open Positions: 5
Closed Positions: 5
Total In Pips: 301.5
Total In Profits: 342.35
Disappointed at myself with this results...but then again, "nothing ventured nothing gain"...
Was at a mere 900+ pips earnings & thought I can hit my 2nd target point...but it went back up & all signs are saying to exit the trade...well there is still more candlestick pattern opportunity in weeks to come...
Have a great weekend...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Labels:
Trade Results
Wednesday, December 9, 2009
Life Will Be Much Simpler...
Hello everyone,
Spotted any good candlestick lately ??? nothing interesting brewing up on my opinion...nevertheless got a few open trade so nothing further that is worth watching...
Keep reading on the candlestick pattern, so as to sharpen those skills on spotting potential candlestick pattern...
Honestly...I am now, a bit complacent...even got cocky on my trade setup. And mind you...I do got burn sometimes...hahahaha...
On a serious note, once you master the art of candlestick, life will be much simpler...news ??? trade recommendation ??? who needs it...bottom line !!! Learn & you truly understand why I am so confident in the candlestick pattern techniques ideas...
Always remember !!! I am not selling any type of product that let you win in forex, nor do I represent anyone or any organizations that teach you forex...I am just a guy who wants the world to know that learning forex is free....& candlestick pattern is one of many way that we can self study on becoming a good trader without paying a hefty fee...the most we have to invest is some books from the library & a whole lot of reading on our part....
So keep learning the candlestick pattern techniques & never give up...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Spotted any good candlestick lately ??? nothing interesting brewing up on my opinion...nevertheless got a few open trade so nothing further that is worth watching...
Keep reading on the candlestick pattern, so as to sharpen those skills on spotting potential candlestick pattern...
Honestly...I am now, a bit complacent...even got cocky on my trade setup. And mind you...I do got burn sometimes...hahahaha...
On a serious note, once you master the art of candlestick, life will be much simpler...news ??? trade recommendation ??? who needs it...bottom line !!! Learn & you truly understand why I am so confident in the candlestick pattern techniques ideas...
Always remember !!! I am not selling any type of product that let you win in forex, nor do I represent anyone or any organizations that teach you forex...I am just a guy who wants the world to know that learning forex is free....& candlestick pattern is one of many way that we can self study on becoming a good trader without paying a hefty fee...the most we have to invest is some books from the library & a whole lot of reading on our part....
So keep learning the candlestick pattern techniques & never give up...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Monday, December 7, 2009
Back To Forex...
Hello !!!
Sorry everyone, been very busy lately with my personal stuff...
Now let's get back to forex then...been missing out on spotting a few candlestick pattern that proves to be profitable...
Keep yourself posted...once I have spotted them candlestick I will again let you see how it is done...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Sorry everyone, been very busy lately with my personal stuff...
Now let's get back to forex then...been missing out on spotting a few candlestick pattern that proves to be profitable...
Keep yourself posted...once I have spotted them candlestick I will again let you see how it is done...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Saturday, December 5, 2009
iPhone As My Latest Reward !!!
Hello everyone,
Since my last winning trade...got myself a brand new iPhone !!! I bought the iphone as a testimonial for my trade winnings in forex...as I don't want to be like others who love to talk the talk but can't walk the walk !!! that's plain old nonsense !!!
If you are doing fine, why not show some of that success as a reward for your effort...it's also a motivational gesture for those who still doubt in the candlestick pattern technique...
So what are you waiting for !!! learn it by hard & you will see it's reward unfold right before your eyes !!! no need for any news reading....waste of time !!! just concentrate in spotting them candle !!!
Pics will be uploaded soon...kinda wanna play with the 3GS iphone 1st...hehehe
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Labels:
My Rewards
Friday, December 4, 2009
Candlestick Pattern Technique Is Free...
Hello everyone,
Here is the reason why I emphasized on learning candlestick pattern...as you can see...I am not asking anyone to sign up for any courses nor am I gaining any profits from anyone learning those candlestick pattern...
Again I am only here to prove that we can learn layman forex trading system strategy way & that is learning for free from sources that we can find anywhere on the web !!! candlestick pattern is the way to start trading...c'mon, no harm if you try learning it...best of all it's free !!! go find it yourself on the net if you think I might be out to no good...I have nothing to loose & nothing to gain from it...either way the choice is yours if you want to learn it...
The choice is yours...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Here is the reason why I emphasized on learning candlestick pattern...as you can see...I am not asking anyone to sign up for any courses nor am I gaining any profits from anyone learning those candlestick pattern...
Again I am only here to prove that we can learn layman forex trading system strategy way & that is learning for free from sources that we can find anywhere on the web !!! candlestick pattern is the way to start trading...c'mon, no harm if you try learning it...best of all it's free !!! go find it yourself on the net if you think I might be out to no good...I have nothing to loose & nothing to gain from it...either way the choice is yours if you want to learn it...
The choice is yours...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Trade Results
Open Position: 3
Closed Position: 3
Total Pips Earn: 857
Total Profits Earn: 955.85
Great start to a new month !!! Again thanks to the candlestick pattern...there is no fee or commission that I can gain or earn from telling you the benefit of learning candlestick pattern, so start learning !!! learn how to spot candlestick pattern or if you are unsure go anywhere that you feel safe & secure on getting your sources on how to spot candlestick pattern...either way you will not be disappointed when you master the technique...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Labels:
Trade Results
Monday, November 30, 2009
Candlestick Pattern Spotted
Hell again,
Heads up guys & gals...currency pairs that's worth looking into...look at the wonderful candlestick pattern that has emerged...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Friday, November 27, 2009
Trade Results
Open Position: 4
Closed Position: 4
Total Pips Earned: 789.6
Total Profits Earned: 899.76
Hahaha...back at you bloke !!! Does this proves your consistency theory ???
Never judge a man by it's s layman way of forex trading strategy style !!! I live & I learned the layman way in doing forex trading....
Not to be arrogant or shitty...but someone got to say it...Candlestick !!! Candlestick !!! Candlestick !!! must I repeat myself ???
Happy Hari Raya Haji !!!
Whatever you do, whether you bet with the herd or against, think it through independently first."
Labels:
Trade Results
Consistency ???
Hello...
Since my last winning post...I might have trigger another funny notion from another source...lol !!!
Somehow, someone's success is another man jealousy when all I did was to learn how to trade forex the way I know how...
Let me make it clear to all who is following my blog...it's not a matter of how, why or which ever way you do it to earn from forex...bottom line !!! I am doing better than an average student that pays thousands of dollars & yet till date just know how to comment about someone's pips earn...hahaha...hit your 1st 300 pips than talk to me or better still...make it easier for you...hit your 1st 200 pips...lol !!! if we want consistency...might as well I open up a stall & sell "Mee Rebus" at $3...that is consistent...lol !!!
You sure make my day !!! hahaha....give me good topic to post on forum...thanks
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Since my last winning post...I might have trigger another funny notion from another source...lol !!!
Somehow, someone's success is another man jealousy when all I did was to learn how to trade forex the way I know how...
Let me make it clear to all who is following my blog...it's not a matter of how, why or which ever way you do it to earn from forex...bottom line !!! I am doing better than an average student that pays thousands of dollars & yet till date just know how to comment about someone's pips earn...hahaha...hit your 1st 300 pips than talk to me or better still...make it easier for you...hit your 1st 200 pips...lol !!! if we want consistency...might as well I open up a stall & sell "Mee Rebus" at $3...that is consistent...lol !!!
You sure make my day !!! hahaha....give me good topic to post on forum...thanks
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Wednesday, November 25, 2009
Results
Open Position: 5
Closed Position: 5
Total In Pips: 334.7
Total In Profits: 348.74
I am not going to say anything anymore...bottom line, candlestick pattern !!! learn it by hard
cause nobody else will benefit but you !!!
I will be focusing on my website from here on...It will be dedicated to collecting whatever resources that I can get on providing information to learning forex trading free to all who wishes to learn & never be conned again from signing up on beginner courses that cost thousands of dollars & yet teach us the very basic in learning forex, which I might say can be found anywhere out there on the web...
However I will still continue posting on this blog...so keep yourself posted...cheers !!!
Learn How To Read Candlestick Pattern...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Labels:
Trade Results
Tuesday, November 24, 2009
Candlestick Pattern Spotted
Hello again,
Here is this week candlestick pattern...always remember to double check with the RSI, Stochastic & MACD to confirm trend direction...
Good luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Monday, November 23, 2009
Trade Results
Open Position: 1
Closed Position: 1
Total Pips Earn: 93
Total Profits Earn: 153.74
Looks like last week trade went in our favor...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
EUR/GBP Updates...
Hello...
It seems that our EUR/GBP is trading as plan & the stops was not trigger...so stops have been adjusted & hopefully it will push higher for us to get a better gains....
"Whatever you do, whether you bet with the herd or against, think it through independently first."
It seems that our EUR/GBP is trading as plan & the stops was not trigger...so stops have been adjusted & hopefully it will push higher for us to get a better gains....
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Friday, November 20, 2009
Latest Trade Updates...
Hello again,
Update on the EUR/GBP pairs...seems that the MACD has signal us that the momentum of the bulls are not strong enough to push the prices up for long.
It looks like a reversal is coming into play...so I will place a short entry order just in case price break below the 0.8920...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Update on the EUR/GBP pairs...seems that the MACD has signal us that the momentum of the bulls are not strong enough to push the prices up for long.
It looks like a reversal is coming into play...so I will place a short entry order just in case price break below the 0.8920...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Thursday, November 19, 2009
19.11.09 Formation Of The Week
Hello again,
Here are 2 currency pairs that caught my eye...great potential building up...
Always remember...we re here to earn money the fast & easy way known possible & technical trading is the best way to do it, simple because we are the minority & that alone will be the ultimate winning strategy...so good luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Wednesday, November 18, 2009
Results
Open Positions: 6
Closed Positions: 6
Total Pips Earned: 290.7
Total Profits Earned: 483.96
Here is the trade results for this week spotted candlestick pattern. Pretty happy with the turn of events, as I am always a sucker for EUR/GBP pairs...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Labels:
Trade Results
Friday, November 13, 2009
Candlestick Pattern Spotted
Hello again,
Here is another candlestick pattern that I find interesting...so heads up !!! don't say I didn't warn ya...
Good Luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Thursday, November 12, 2009
Trade Results
Open Positions: 2
Closed positions: 2
Total In Pips: 248.5
Total In Profits: 276.18
Spotted the candlestick pattern last week. So I guess it's "UNGLAMOROUS" too, if you have a winning trade base on candlestick pattern ???...anyway I'm pretty happy with the results, although only 2 were in play out of a few that was spotted.
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Labels:
Trade Results
Wednesday, November 11, 2009
Staying On The Sidelines
Hello everyone,
Seen not many movemnet on the market that deserved my attention...currency are going sideways...
Not that interesting to setup as it will likely to trigger my stops early. So I am staying on the sidelines for now.
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Seen not many movemnet on the market that deserved my attention...currency are going sideways...
Not that interesting to setup as it will likely to trigger my stops early. So I am staying on the sidelines for now.
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Monday, November 9, 2009
Glamorous Or Unglamorous ???
Hello everyone,
These are the few candlestick pattern that I find interesting, be it "unglamorous" or not...let see if we can earn some money...hehehehe...do remember to placed stops around 30-50 pips as a precaution...
I bet you it's better than reading news or using the support & resistance line technical reading, which is so called "glamorous" style of trading. To me what it does is, make you feel that you have a systematic program or plan to profit over time. This is what I coined as a "faulty believe system". Bottom line !!! as long as it makes us money, I am all ears...so go figure...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Thinking Big Is The Best Plan
Hello everyone,
One method of staying ahead of rising asset prices and the declining dollar is to think bigger and come up with better plans. As important as financial and business planning is a plan for personal development and self-improvement. I'm often asked to invest in people's business plans, and one of the reasons I turn many of them down is because a big plan requires a big person who's spent time on personal development. In a lot of cases, a business plan is far bigger than the person with the plan – that is, the dream is bigger than the dreamer.
One method of staying ahead of rising asset prices and the declining dollar is to think bigger and come up with better plans. As important as financial and business planning is a plan for personal development and self-improvement. I'm often asked to invest in people's business plans, and one of the reasons I turn many of them down is because a big plan requires a big person who's spent time on personal development. In a lot of cases, a business plan is far bigger than the person with the plan – that is, the dream is bigger than the dreamer.
Not seeing the potential of the day taught me many lesson. Here are two important ones.
- Sometimes you learn more by being stupid & making mistakes.
- The person with the better plan wins.
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Sunday, November 8, 2009
Walk The Walk & Talk The Talk...
Hello everyone,
Finally got myself free from the hassle of house moving...now back to business !!!
Anyway for those who is still skeptical in candlestick pattern or finding it unglamorous in the way I setup my trade...so be it then, nobody is at lost...we are all in it for the money so who cares rite ???
Just remember our humble beginnings & never "WALK THE WALK & TALK THE TALK", we layman don't do that. What we need to do is just concentrate on making & planning how to spend them money...hahahahaha !!!!
Good luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Finally got myself free from the hassle of house moving...now back to business !!!
Anyway for those who is still skeptical in candlestick pattern or finding it unglamorous in the way I setup my trade...so be it then, nobody is at lost...we are all in it for the money so who cares rite ???
Just remember our humble beginnings & never "WALK THE WALK & TALK THE TALK", we layman don't do that. What we need to do is just concentrate on making & planning how to spend them money...hahahahaha !!!!
Good luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Tuesday, November 3, 2009
Not In Focus....
Hello everyone,
I am currently not in focus with the market right now. Can't really concentrate on my charts analysis. Been missing out on a few potential trade setup, but I guess sometimes you just have to learn how to let go...
Shifting house is so damn tiring !!! anyway hope you all are happily earning...heheheh...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
I am currently not in focus with the market right now. Can't really concentrate on my charts analysis. Been missing out on a few potential trade setup, but I guess sometimes you just have to learn how to let go...
Shifting house is so damn tiring !!! anyway hope you all are happily earning...heheheh...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Monday, November 2, 2009
Trade Results
Open Positions: 8
Close Positions: 8
Total Pips Earn: 485.1
Total Profit Earn: 460.14
What a great day to start off in the new month !!! 6 wins out of 8 open positions. Although I am not that pleased with the results, but sometime it's best to learn from past mistake...
And now, a good rest is needed to rejuvenate the mind & soul...
Have a great day everyone !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Labels:
Trade Results
Sunday, November 1, 2009
Hammer Time !!!
Hello everyone,
My favorite candlestick pattern has been spotted !!! but then again...Stochastic & RSI is at an oversold value...so I guess I have to wait a bit longer for a clearer picture.
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Start Scoping Early...
Hello everyone,
Hope you are prepping yourself for Monday.
I believe that we are never to early to start scoping through the charts for a potential entry signal, so as to kick start the week with a winning trade.Mentally, what it does goes a long way as it will definitely be a morale booster for the days or weeks to come.
Good luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Hope you are prepping yourself for Monday.
I believe that we are never to early to start scoping through the charts for a potential entry signal, so as to kick start the week with a winning trade.Mentally, what it does goes a long way as it will definitely be a morale booster for the days or weeks to come.
Good luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Saturday, October 31, 2009
A New Week & A Brand New Month Of November !!!
Hello everyone,
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Friday, October 30, 2009
"There Goes The Neighbourhood"
Hello again,
It seems that our candlestick pattern that was detected earlier was not in play....too bad it reversed, hence comes the saying "There goes the neighbourhood !!!"...hehehe...
Better luck next time, as we call it an end to the month of October !!!
See ya !!!
"People who buy headlines eventually end up selling newspaper."
It seems that our candlestick pattern that was detected earlier was not in play....too bad it reversed, hence comes the saying "There goes the neighbourhood !!!"...hehehe...
Better luck next time, as we call it an end to the month of October !!!
See ya !!!
"People who buy headlines eventually end up selling newspaper."
Check Out The Candlestick !!!
Hello again,
Spotted some potentially interesting candlestick pattern, do check it out !!! You will never know, it might get interesting...
Good luck !!!
"People who buy headlines eventually end up selling newspaper."
Thursday, October 29, 2009
Another Example On Trading Via Candlestick Pattern
Hello again,
Here is another great example on why you should learn candlestick pattern & my personal reason for not entering the USD/JPY trade. Was too caught up on this charts & personally the volatility is much better compared to the USD/JPY pair.
See ya !!!
"People who buy headlines eventually end up selling newspaper."
Trade Results
Open position: 1
Closed Position: 1
Total Pip Earn: 226.5
Total Profit Earn: 226.50
I am quite happy with this results as all the signs met with my requirement when I enter the trade.
If only I could hold on a bit longer...but too bad, MACD (Moving Average Convergence Divergence) had cross each other. To me that is an exit signal not to be ignored & furthermore there is no clear indication that tells me otherwise.
Hope you make more money & have a great day !!!
"People who buy headlines eventually end up selling newspaper."
Labels:
Trade Results
Did You Make The Right Choice ???
Hello again,
How was it ??? did you make the right decision ??? I hope so...
*Now then, let me tell you in the beginning of the week why I tell you to look into this particular USD/JPY pair.
*
It started with my blog post titled "Keep It Tight" & as mention in the blog, I have spotted a "Hanging Man" candlestick pattern, which to me is a significant signal for an entry order to sell & as you can see in the above chart, it did went down 50+ pips before bouncing back up, so hopefully, if you have placed a stop-loss order of more than 30+ pips above the "Hanging Man" candlestick pattern then you won't be stop out.From there onwards, prices will be in your favour.
*
But then again you might be asking yourself, who the hell is this layman & why is he so sure ???
*
Firstly it was the candlestick pattern that send us the signal to placed an entry order, secondly the stop-loss was not triggered & I believe anyone will placed their stop-loss at more than 30-40 pips respectively, thirdly why or how did I know that it prices will slide further ??? reason to it was simple, the 2nd "Hanging Man" candlestick appeared again (ref to above chart) & lastly if you follow my blog post title "Keep It Tight" Updated then you will know the answer to that...& mind you it did went down more than 40 pips below the 200 SMA that I have mention earlier.
*
As for the blog post title What do you think ???, notice how I "BLOW UP" the bottom words ??? it's just a gesture so that you can see clearly what I was hinting on...hehehehe...
*
So again I stress !!! on the benefits we get from studying the candlestick patterns...& the best thing of all, it's FREE !!! no course fee involved, no seminars to attend !!! just spare a bit of your very own time to do research & self study on the various pattern that is around !!!
*
I believe it will slide further !!! so you decide !!! 90.00 should not be a prob...
I believe it will slide further !!! so you decide !!! 90.00 should not be a prob...
Good luck !!!! See ya !!!
"People who buy headlines eventually end up selling newspaper."
Wednesday, October 28, 2009
What Do You Think ???
Hello again,
Another update on the currency pairs, but I am not quite sure about this one ??? Cause I am not a news kinda guy...been there done that, got a T-shirt !!! Hahahah !!!
Anyway some bloke did posted that the pairs are not likely to fall below 91.00...so what do you think...hmmm ???
"People who buy headlines eventually end up selling newspaper."
Another update on the currency pairs, but I am not quite sure about this one ??? Cause I am not a news kinda guy...been there done that, got a T-shirt !!! Hahahah !!!
Anyway some bloke did posted that the pairs are not likely to fall below 91.00...so what do you think...hmmm ???
"People who buy headlines eventually end up selling newspaper."
Keep It Tight !!! Updated
Hello everyone,
Just an update on the current USD/JPY charts that I previously mention in my blog, "Keep It Tight". Look at the potential gains that it provide us if we took interest in learning the candlestick patterns, & mind you it's at "ZERO" cost !!!
By looking at the charts above, I believe that it will eventually break below the 200 SMA line, if it breaks, the price will slide down at least 40-50 pips more before it try to pull itself back up !!! so wait for it !!!
Although I am not into this currency pairs, hopefully it's beneficial to you...
"People who buy headlines eventually end up selling newspaper."
Monday, October 26, 2009
Trade Results
Open Positions: 6
Closed Positions: 6
Total Pips Earn: 98.1
Total Profits Earn: 94.90
It's not a great results, but since this is the last week of the month, I am playing it safe & keeping my stops tight.
"People who buy headlines eventually end up selling newspaper."
Labels:
Trade Results
Saturday, October 24, 2009
Keep It Tight !!!
Hello everyone,
For next week, here is the currency pairs that I will be looking into, the candlestick pattern looks interesting enough. If you look at the example provided, it's potential is somewhat convinving in my opinion...
Anyway next week is the last week of the month of October !!! so keep it tight !!!
"People who buy headlines eventually end up selling newspaper."
Friday, October 23, 2009
Trade Results
Open Positions: 3
Closed Positions: 3
Total Pips Earn: 151.8
Total Profit Earn: 133.70
Friday is upon us, hope you survive the losses or reaped the gains of this week. Either way, let's enjoy our weekend, we deserved it !!!
"People who buy headlines eventually end up selling newspaper."
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Trade Results
Thursday, October 22, 2009
Long-Legged Doji Pattern
Hello again,
What was supposed to be a "Hanging Man", in the end turn up o be a "Long-legged doji"
The Japanese say that whenever a Doji appears, always take notice. A well-founded rule of Candlestick followers is that when a Doji appears at the top of a trend, in an overbought area, sell immediately. Conversely, a Doji seen at the bottom of an extended downtrend requires buying signals the next day to confirm the reversal. Otherwise, the weight of the market could take the trend lower.
So again I bid you good luck !!!
"People who buy headlines eventually end up selling newspaper."
Will It Be A Hanging Man ???
Hello everyone,
Look at what we got in the EUR/GBP pairs...might turnout interesting.
Just remember the rule of thumb, wait for a close in the candlestick to confirm it.
Good luck !!!
"People who buy headlines eventually end up selling newspaper."
US NFA New Ruling - Reduce of leverage levels
Hi everyone,
Did you know about the new NFA ruling ???
Here is a simple rundown:
What are the new margin requirements?
CFTC approved NFA amendments to Section 12 of NFA rule book, which requires FDMs to collect a margin deposit of 1% of the notional value of the positions held in the US dollar, British pound, the Swiss franc, the Canadian dollar, the Japanese yen, the Euro, the Australian dollar, the New Zealand dollar, the Swedish krona, the Norwegian krone, and the Danish krone and 4% of the notional value of other positions.
This simply means that we will be required to put up more margin to open a new position or hold on to an existing position based on currency pair.
When does the new rule TAKE effect?The NFA requires FDMs to comply by November 30th.
Calculating Your New Margin?
Just watch this video
"People who buy headlines eventually end up selling newspaper."
Earn It !!! Spend It !!! That Is The Layman Way !!!
Hello again,
Heard that ED something..something is coming to town...guess what, why pay a lump sum of money to hear someone talk when you are better off funding your account & use your time wisely to make more money !!!
But then again, sorry to say this...there is always a *&^%$ who fall for this kinda shit !!! we layman always have to do it the other way around, make tonnes of money first !!! then go spend it in which ever way you deem fit.
Wake up people !!! earn your money first !!! then go spend it !!! that is the "Layman Way"...
Don't get me wrong, knowledge is power but skills, it takes years to develop...either you have it or you don't !!!
I am not against any seminars, it's just that I feel if you ain't making that much money, why spend it ??? bottomline, it all boils down to personality & dedication.
If you keep going to classes & seminars but don't really have it in you, then what is the point to that ???
Believe in yourself...that is all I can say...
"People who buy headlines eventually end up selling newspaper."
Heard that ED something..something is coming to town...guess what, why pay a lump sum of money to hear someone talk when you are better off funding your account & use your time wisely to make more money !!!
But then again, sorry to say this...there is always a *&^%$ who fall for this kinda shit !!! we layman always have to do it the other way around, make tonnes of money first !!! then go spend it in which ever way you deem fit.
Wake up people !!! earn your money first !!! then go spend it !!! that is the "Layman Way"...
Don't get me wrong, knowledge is power but skills, it takes years to develop...either you have it or you don't !!!
I am not against any seminars, it's just that I feel if you ain't making that much money, why spend it ??? bottomline, it all boils down to personality & dedication.
If you keep going to classes & seminars but don't really have it in you, then what is the point to that ???
Believe in yourself...that is all I can say...
"People who buy headlines eventually end up selling newspaper."
Wednesday, October 21, 2009
Momentum Was Short Lived...
Hi all,
Nothing much came out from the latest "Shaven bottom" candlestick pattern which was detected earlier...it went down to about 40 plus pips & pull itself back up...hit my stops & got a measly 19 pips out of it...
Now that the market is too unpredictable with no clear signal on it's direction, we better stay on the sideline & wait...
As always this is the best time to do more research & some read up...see ya !!!
"People who buy headlines eventually end up selling newspaper."
Nothing much came out from the latest "Shaven bottom" candlestick pattern which was detected earlier...it went down to about 40 plus pips & pull itself back up...hit my stops & got a measly 19 pips out of it...
Now that the market is too unpredictable with no clear signal on it's direction, we better stay on the sideline & wait...
As always this is the best time to do more research & some read up...see ya !!!
"People who buy headlines eventually end up selling newspaper."
Is This an Advance Block Pattern Emerging ???
Hello again,
Just thought you would like to keep an eye on this GBP/CHF currency pair...wait for a close in the last candle to confirm its pattern...the "Advance Block"...
Might just turn out to be nothing in particular...
"People who buy headlines eventually end up selling newspaper."
Just thought you would like to keep an eye on this GBP/CHF currency pair...wait for a close in the last candle to confirm its pattern...the "Advance Block"...
Might just turn out to be nothing in particular...
"People who buy headlines eventually end up selling newspaper."
Shaven Bottom Candlestick Pattern Again ???
Hello again,
Since the volatility in the market I managed to detect another "Shaven Bottom" candlestick pattern...
Hahahaha...as usual I guess you know I will say....
"People who buy headlines eventually end up selling newspaper."
Trade Results
Open Positions: 1
Closed Positions: 1
Total Pips Earn: 50.2
Total Profits Earn: 50.20
Seems that I got stop out from my trade...bulls never did have momentum to carry on the trade...I supposed it's better than nothing...
"People who buy headlines eventually end up selling newspaper."
Labels:
Trade Results
Volatility Seen In Pound Pairs
Just an update you all...
And I thought that today is a dull day, look at all the charts now !!! Volatility on almost all pound currency pairs !!! All gains are clock at 100 plus pips !!! too bad no candlestick pattern to warn us on the turn of event...
If only it was that easy !!! I could be a millionaire in a year !!!! hahahahaha...
"People who buy headlines eventually end up selling newspaper."
And I thought that today is a dull day, look at all the charts now !!! Volatility on almost all pound currency pairs !!! All gains are clock at 100 plus pips !!! too bad no candlestick pattern to warn us on the turn of event...
If only it was that easy !!! I could be a millionaire in a year !!!! hahahahaha...
"People who buy headlines eventually end up selling newspaper."
Shaven Bottom Candlestick Pattern
Hello Again !
What a dull day it turns out to be, no interesting candle caught my eyes, but then...eureka !!! spotted an interesting candlestick pattern called the "Shaven Bottom"...
Guess what I did ???....hahahaha !!! Anyway let's see how this turns out later in the day. Planning to hold it for awhile, so I move my stops just in case of a price pullback.
"People who buy headlines eventually end up selling newspaper."
Tuesday, October 20, 2009
Trade Results
Open Positions: 3
Closed Positions: 3
Total Pips Earn: 79.4
Total Profits Earn: 78.36
Not to please with the results...but was glad that I made the move to closed one of the USD/CAD trade earlier.
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Bulls managed to pull themself back on track with a whopping 150 pips thus hit my stops !!!
*
Never saw that coming, should have gain from the volatile price pullback, then again guess I need to do more study on the candlestick pattern....
"People who buy headlines eventually end up selling newspaper."
Labels:
Trade Results
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