EurUsd
EU has turned up this morning but it is not adviseable to enter just yet. There are 2 places to enter EU, they are 1.5620 or 1.5520. Possible safe trade is to wait for EU to go lower than 1.5620 and make a stop order long @ 1.5620. It that way if EU actually goes up it will hit the stop order on its way up and hopefully a zero SL trade.
NzdUsd
NU is much like EU has turned up. Possible trade is long @ 0.7825. Wait for price to go lower and put a stop order long.
GbpChf
GChf has turned down. Currently not in a clear downward move. 2.0530 is entry for short. Preferably wait for price to exceed that level and put stop order short.
Sunday, April 27, 2008
Saturday, April 26, 2008
LOUSY STREAMYX. TMNUTS
Ive been using Streamyx for over 2 years now. All I can say is look at what monopoly has done to us.
At the moment I am surfing at 32 kbps. That is blistering fast or is it? Currently my streamyx speed is slower than a dial up modem. Talk about super fast broadband. How lousy can you get??
At the moment I am surfing at 32 kbps. That is blistering fast or is it? Currently my streamyx speed is slower than a dial up modem. Talk about super fast broadband. How lousy can you get??
Monday, April 21, 2008
FREE FOREX SIGNAL 21 APRIL 2008
Short AudUsd @ 0.9400 or better
SL 30 pip
TP 0.9335, 0.9280 or wait for close signal
For the time being, that the best entry. Will update later. Earlier signal of UJ and EJ at a loss. Signal is given too early.
SL 30 pip
TP 0.9335, 0.9280 or wait for close signal
For the time being, that the best entry. Will update later. Earlier signal of UJ and EJ at a loss. Signal is given too early.
Thursday, April 17, 2008
FREE FOREX SIGNAL 18 APRIL 2008
Here goes:
Short USDJPY @ 102.60 better
SL 25 pip from entry
TP 102.20, 101.50, 101.10
Short EURJPY @ 163.10 or better
SL 50 pip
TP 161.70, 161.00, 159,70
Thats it. Remember to get the best possible entry and always use SL
Short USDJPY @ 102.60 better
SL 25 pip from entry
TP 102.20, 101.50, 101.10
Short EURJPY @ 163.10 or better
SL 50 pip
TP 161.70, 161.00, 159,70
Thats it. Remember to get the best possible entry and always use SL
Tuesday, April 15, 2008
MARKET IS UNDECIDED
At the moment market has no clear direction. For the past 6 days it has been running on ranging mode at the moment the price is in a squeeze. I have to take exit step in order to avoid break out panic. I am trying to close all my post and in order to do that, I have to take some loss.
It is unavoidable in these market situation. For those of you who has been following my signal, most probably you are making some profit but in the end, like me you will have to give some back.
At the moment it is adviseable to stay aside until a clear direction present itself. Happy trading everyone.
It is unavoidable in these market situation. For those of you who has been following my signal, most probably you are making some profit but in the end, like me you will have to give some back.
At the moment it is adviseable to stay aside until a clear direction present itself. Happy trading everyone.
Monday, April 14, 2008
So far so good.
This is a screenshot of my live account performance at marketiva. I have to hide some data but what available is enough to show that I am having a good trade so far.
It was taken today. Hopefully things will improve further and I am ready for the big trade. After all I am almost at my 2 year mark.
It was taken today. Hopefully things will improve further and I am ready for the big trade. After all I am almost at my 2 year mark.
Thursday, April 10, 2008
Slow and Steady she goes
At the moment EurGbp is at 0.7983. It has turn down and slowly gathering momentum to continue its journey down hill. Anyone care to join the journey? Its a slow and steady journey if you follow EG.
GU has turned up. Unlike EG, GU is full of swing and spikes. Those swing and spikes will kill those who do not ready for it. Trade carefully but trade up hill.
GJ aslo has turned up and like GU it has even nasty swing and spikes. At the moment I fear that GJ will has one more swing down before making its way up again. Trade carefully but trade up hill.
GbpChf also turned up hill. Just follow it but beware of swings and spikes. All Gbp pairs have them.
GU has turned up. Unlike EG, GU is full of swing and spikes. Those swing and spikes will kill those who do not ready for it. Trade carefully but trade up hill.
GJ aslo has turned up and like GU it has even nasty swing and spikes. At the moment I fear that GJ will has one more swing down before making its way up again. Trade carefully but trade up hill.
GbpChf also turned up hill. Just follow it but beware of swings and spikes. All Gbp pairs have them.
Tuesday, April 8, 2008
Free Forex Signal 8 April 2008
Here goes, what ever you do, manage your position and use SL properly.
Short Audusd @ 0.9300 or better
SL 25 pip
Short NzdUsd @ 0.8000 or better
SL 20 pip
Happy trading.
Short Audusd @ 0.9300 or better
SL 25 pip
Short NzdUsd @ 0.8000 or better
SL 20 pip
Happy trading.
Thursday, April 3, 2008
Who is Willcare??
In the world of Forex, Willcare is a name known to few. I just heard his name this week. He is going to run a seminar on forex this weekend in Sabah. A few friends asked me if I can find out anything about him.
After searching the internet, I found nothing on his trade method. No a single article or picture giving a view of his method. Some people say he is a millionare but for me its no surprise.
He charge RM1200.00 to attend his class and limits the number of students to 50 per class. Last month he ran 8 classes. Lets do the math shall we.
1200 X 50 X 8 = RM480,000.00
That is his income for last month. Do that 3 months and you are a sure millionaire. Simple and easy as abc - 123.
The logic is if you are a millionaire born out of forex why go to the trouble of going all over malaysia and teaching. Wouldnt it be easier just to trade. After all trading forex made you a millionaire.
If you are a millionaire born out of forex, why charge so high and making it available to everyone. Your system claims to have 300 - 500 pip a day. If you trade only 10% of your capital that is a return of 30% - 50% a day. Do the math for a month and you have 900% - 1500% a month return. Thats a lot of money no matter how you look at it. With that much money, why charge RM1,200.00 for the class or money is never enough. If money is never enough, then forex is a wrong place to start with let alone teaching it to someone else.
Anyway this is only my view on someone who claims to be a millionaire born out of trading forex. There are a few forex millionaire and none that I know of giving class with such a high price. I even had an offer from a forex millionaire to learn from him with the price of nothing. Just go see him and he will teach how to trade and be like him and pay nothing in return. Because the money I am going to pay him is nothing compared to what he has now.
After searching the internet, I found nothing on his trade method. No a single article or picture giving a view of his method. Some people say he is a millionare but for me its no surprise.
He charge RM1200.00 to attend his class and limits the number of students to 50 per class. Last month he ran 8 classes. Lets do the math shall we.
1200 X 50 X 8 = RM480,000.00
That is his income for last month. Do that 3 months and you are a sure millionaire. Simple and easy as abc - 123.
The logic is if you are a millionaire born out of forex why go to the trouble of going all over malaysia and teaching. Wouldnt it be easier just to trade. After all trading forex made you a millionaire.
If you are a millionaire born out of forex, why charge so high and making it available to everyone. Your system claims to have 300 - 500 pip a day. If you trade only 10% of your capital that is a return of 30% - 50% a day. Do the math for a month and you have 900% - 1500% a month return. Thats a lot of money no matter how you look at it. With that much money, why charge RM1,200.00 for the class or money is never enough. If money is never enough, then forex is a wrong place to start with let alone teaching it to someone else.
Anyway this is only my view on someone who claims to be a millionaire born out of trading forex. There are a few forex millionaire and none that I know of giving class with such a high price. I even had an offer from a forex millionaire to learn from him with the price of nothing. Just go see him and he will teach how to trade and be like him and pay nothing in return. Because the money I am going to pay him is nothing compared to what he has now.
Trade Opportunity
I will list trades that have good posibility of profit outcome. No matter how good the posibility, there is always risk involved. Manage your position and use SL appropriately.
Short UJ @ 102.60 or better
SL 45 pips from point of entry
Short GJ @ 205.00 or better
SL 80 pips from point of entry
Better get the entry right, that is one big SL
EU and GU has gone uptrend but still in ranging mode. Trade according to RSI
Tonight at 8:30pm (Malaysia time) there is the Nonfarm Employment Change. Beware.
Short UJ @ 102.60 or better
SL 45 pips from point of entry
Short GJ @ 205.00 or better
SL 80 pips from point of entry
Better get the entry right, that is one big SL
EU and GU has gone uptrend but still in ranging mode. Trade according to RSI
Tonight at 8:30pm (Malaysia time) there is the Nonfarm Employment Change. Beware.
Tuesday, April 1, 2008
Forex Mentor
A few friends asked me if I can teach them the proper way to trade. To be profitable and to stay profitable in the long run. I was thinking of publishing it here but some of them do not agree to the idea and suggest that I show them how I trade live in real time and for that reason, the article on how I trade now will not be fully published here. There will be one indicator excluded.
As for those who wish to learn from me, do contact me via my phone and suggest time and place for the class. All I asked is 2 hours of your time and some willingness to absorb the knowledge Im going to give.
It is possible to learn my trading method in 2 hours. It is 90% technical + 10% fundamental. 4 indicators only with total of 8 method to read it combined into 2 trading method to cover trending and ranging market.
All I asked in return is willingness and time to learn, maybe buy me some drinks or something. You cannot expect me to talk for 2 hours without drinks. So find a good place with wifi, bring your laptops and notebooks, spare 2 hours and dont forget to buy me drinks.
As for those who wish to learn from me, do contact me via my phone and suggest time and place for the class. All I asked is 2 hours of your time and some willingness to absorb the knowledge Im going to give.
It is possible to learn my trading method in 2 hours. It is 90% technical + 10% fundamental. 4 indicators only with total of 8 method to read it combined into 2 trading method to cover trending and ranging market.
All I asked in return is willingness and time to learn, maybe buy me some drinks or something. You cannot expect me to talk for 2 hours without drinks. So find a good place with wifi, bring your laptops and notebooks, spare 2 hours and dont forget to buy me drinks.
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