On April 2009, I moved to Kuala Lumpur. A new place requires me to have new schedule. I dont have much time as I would like in front of a PC which means, shorter time for me to trade. It requires me to adapt to the time I have to trade and make a new system.
In my quest to adapt my existing system to a new time constraint trading requirement, I accidently stumble onto a new system. Its a very simple system that has shown good result for the month of April and May at the moment.
Tuesday, October 6, 2009
trading the daily chart
Due to restricted time and Internet connection that I have now, I have opted to trading using the daily charts.
Its not as aggressive and thrilling as trading on the shorter time frame but the result is about the same minus the headache. I'm beginning to like daily trading. I need to make decision once in a while and the rest of the time I just hold my position.
On a daily chart, the candlestick is much easier to read and pattern is much clearer. On 13th August I opened 3 position. 2 of which is still holding while 1 has been closed. At the moment all position are in profit.
Its not as aggressive and thrilling as trading on the shorter time frame but the result is about the same minus the headache. I'm beginning to like daily trading. I need to make decision once in a while and the rest of the time I just hold my position.
On a daily chart, the candlestick is much easier to read and pattern is much clearer. On 13th August I opened 3 position. 2 of which is still holding while 1 has been closed. At the moment all position are in profit.
salm kenal
Salam kenal semuanya dimanapun anda berada . Melalui blog ini saya ingin membagikan signal forex harian berdasarkan sistem trading yang saya pergunakan. Mudah2an bisa bermanfaat buat teman2 yang membutuhkannya untuk acuan trading masing2.
Untuk waktu keluarnya signal yang saya berikan tidak tentu, karena menunggu momen yang tepat, supaya bisa memperoleh hasil yang optimal, yaitu SL minimal dan TP maksimal.
Untuk waktu keluarnya signal yang saya berikan tidak tentu, karena menunggu momen yang tepat, supaya bisa memperoleh hasil yang optimal, yaitu SL minimal dan TP maksimal.
daily trading spoon
Some people are asking me about the secret of daily trading. The answer is there is no secret. It is there for everyone to see but the question is, can you accept what you see.
Trading the daily chart requires patience, lots of it. That is what most of us lack. Patience. If you look at the longer timeframe charts, you will see that price will stop or hover around certain areas. That is your key point. Always start or stop trading around these key point.
The next indicator I use is CCI. CCI alone is a bit of a headache. So I smooth it out with MA. With the MA, I can see the direction of trade clearly. People say MA is a lagging indicator but I dont want to be early going to a party. I like to enter when the party already started.
The last advice is, there is no such thing as holly grail. You just cannot win all the time. The best that we can do is try to win as much as possible and lose a little as possible. In the long run, it would be profitable enough to stay trading. Otherwise you need to find another business to run.
Trading the daily chart requires patience, lots of it. That is what most of us lack. Patience. If you look at the longer timeframe charts, you will see that price will stop or hover around certain areas. That is your key point. Always start or stop trading around these key point.
The next indicator I use is CCI. CCI alone is a bit of a headache. So I smooth it out with MA. With the MA, I can see the direction of trade clearly. People say MA is a lagging indicator but I dont want to be early going to a party. I like to enter when the party already started.
The last advice is, there is no such thing as holly grail. You just cannot win all the time. The best that we can do is try to win as much as possible and lose a little as possible. In the long run, it would be profitable enough to stay trading. Otherwise you need to find another business to run.
Thursday, September 10, 2009
Choose The Right Forex Blog To Follow
Below are the qualities of a good forex blog that you can trust in helping you learn the ropes in trading forex:
1. You should look for a forex blog or for forex blogs that are authored by people who are actually doing forex trading.
2. You should look for blogs that contain useful information that are applicable to current forex trading scenarios.
3. If a blog actually asks you to pay a substantial amount of money without any guarantees, then get out of there fast!
Just so you will be able to gauge on your own if a forex blog is of good quality, learn what you can on your own. There are lots of free information about the forex market in publications and on the internet that would really become valuable assets to you. Make the good forex blogs act as supplements to your acquired knowledge and, in time, you will become a good trader.
Be A Successful Forex Trader
Let's face it. The forex market is a very lucrative market wherein you can make a bundle if you play your cards right. But, of course, you will not be able to become successful if you do not have some sort of guidance when you do your forex trading activities.
All successful forex traders have undergone a forex tutorial or a forex education that really helped them build the foundation that they need in order for them to be successful forex traders. Some of them have even gone far enough as to share what their trading styles are and why they are successful in their forex market endeavors through forex blogs. Following a forex blog or two will also give you a good insight as to how to go about trading and the things to avoid to be able to also avoid trading pitfalls that can cost you a lot.
Catawba County man charged with securities fraud
DENVER, N. C. - Sean Fitzgerald Mescall, 30, was charged Wednesday with eight felony counts including securities fraud, acceptance property by false jazz and operating an " unlawful telephone room, " by North Carolina Secretary of State charter potency officers.
Investigators admit Mescall ran a company called Capitalstreet Budgetary LLC over the gone three senility. They understand Capitalstreet used a telephone boiler room setup to mold calls pitching a scheme that promised formidable returns for humans investing domination a foreign currency trading operation.
Commensurate intrigues recurrently pitch that profits authority hold office prepared by purchasing foreign currency when its charge drops censure the dollar and therefore trading live back for dollars when its charge rises.
The U. S. Existent Futures Trading Commission, which investigated the circumstances along with the Secretary of State ' s Office, again initiated civil hoopla castigate Mescall on Wednesday.
Investigators admit Mescall ran a company called Capitalstreet Budgetary LLC over the gone three senility. They understand Capitalstreet used a telephone boiler room setup to mold calls pitching a scheme that promised formidable returns for humans investing domination a foreign currency trading operation.
Commensurate intrigues recurrently pitch that profits authority hold office prepared by purchasing foreign currency when its charge drops censure the dollar and therefore trading live back for dollars when its charge rises.
The U. S. Existent Futures Trading Commission, which investigated the circumstances along with the Secretary of State ' s Office, again initiated civil hoopla castigate Mescall on Wednesday.
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