Hye Friends! Click2 disini~

3 Steps to Begin FX  

Monday, June 8, 2009

1. Choose your Broker
For low risk trading, use demo account+micro(min 1pip=10cent,up to 1 pip=$10).
Practise using demo for min 6 months before u can start a real acc.
List Of Micro Account Broker :
1.http://www.fxcmmicrolot.com/ + low spread
2.http://www.alpari.co.uk/ + metatrader 4
3.http://www.fxsolutions.com/


2. Register for Practice/Demo Account

3. Start trading your plan (Find profitable Techniques)


My Profitable & Easy Techniques :-
1.Expert-2--News
2.Expert-3--Maximizer
3.Expert-6--Retracement

My all time Favourites pairs :
1. EUR/USD
2. GBP USD
3. USD/JPY

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Reversal Pattern  

APPLY REVERSAL PATTERN AT CRITICAL LEVEL ONLY.
(Fibonacci Level or Supporting Moving Average, i freq. use 50MA at M15)
For Expert-6--Retracement, Reversal patttern will appear at 20MA


Morning Doji Star -> Bullish
A doji star in a downtrend followed by a long, white real body that closes well into the prior black real body. If the candlestick after the doji star is black and gapped lower, the bullishness of the doji is invalidated.





GBP/USD M15 10:46PM (KL.TIME)




Evening Doji Star -> Bearish

A bearish top reversal pattern and counterpart to the Morning Star. Three candlesticks compose the evening star, the first being long and white. The second forms a star, followed by the third, which has a black real body that moves sharply into the first white candlestick.

Links to learn reversal pattern:




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Weekly Statement 8th June'09  

Statement from 1 june 8 june '09

Teqhniques use during period :

1.Expert-3--Maximizer

2.Expert-6--Retracement
3.Expert-2--News

Gross Profit: $141.99 , Gross Loss: $21.25
Total Net Profit: $120.74

Total Trades: 35
Short Positions (won %): 21 (85.71%) , Long Positions (won %): 14 (50.00%)
Profit Trades (% of total): 25 (71.43%) , Loss trades (% of total): 10 (28.57%)

Largest profit trade: 113.00 loss trade : -5.51

Average profit trade: 5.68
loss trade: -2.13

Maximum consecutive wins ($): 8 (5.10)
consecutive losses ($): 3 (-3.92)
Maximal consecutive profit (count): 118.33 (5)
consecutive loss (count): -10.71 (2)
Average consecutive wins: 4 , Consecutive losses: 2

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Knowledge + Plan + Attitude = Success!  

Sunday, June 7, 2009


-1-

This is the most important thing in your life.. Knowledge!
Find knowledge, never stop learning untill the end of your life.

The only thing that separated the rich & poor is knowledge.


Here is some usefull & always help me in learning.
1.http://www.babypips.com/
2.http://stockcharts.com/school/doku.php?id=chart_school
3.http://www.dailyfx.com/



-2-

Make a Plan. You will find your own plan/strategy when u were practice using demo account.
1.Find a techniques.(I use 4 techniques)
2.Practice your techniques using demo account and get a detailed report for your winning percentage. (Trade 50 times per technique)
3.Prepare your trading plan.



-3-

The most important thing here is not your plan, it is you that is more important. always rememBER.

1. MAKE YOUR PLAN
& TRADE YOUR PLAN!
2. DISCIPLINE YOUR SELF
3. BE COOL
4. THROW AWAY YOUR BAD ATTITUDE

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Expert-Maximizer  

Saturday, June 6, 2009

MY dear EXPERT-MAXIMIZER
(Combination of certain tehniques + experienced)
[50-100 pips a day]


EASY & POWERFULL TECHNIQUE BASED ON MA CROSS!
(Best use for eur/usd & gbp/usd M15)

Indicators :

1) 10 Exponential Moving Average, apply to close.
2) 20 Simple Moving Average, apply to median.
3) MA Alert Signal. (Im not the author of this indicator)
4) Parabolic SAR
5) Zero Lag MACD.(Im not the author of this indicator)
6) ADX
7) Force Index

To Analys :
1) If there is a 10&20MA cross over, you can expect a reversal.
2) Check the MACD cross over. The combination should be like this :-
Uptrend=MACD cross at the bottom
Downtrend= MACD cross at the top
3) Parabolic SAR preferable be at below for uptrend & above for downtrend.
4) ADX should pointing up and at 25&above.
5) Force Index cannot be at 0 level because it indicate the market is sideway.

To Play :

1) Enter at the arrow signal if & only if the Combination above is satisfied.
2) Exit position when either one of this situation happen :-
1) MACD cross
2) 10&20 MA Cross
3) Parabolic SAR change


Attached File :

1. Expert-Maximizer Template :
http://www.4shared.com/file/110212736/1294148e/Expert-3--Maximizer.html
2.MA-Alert(Im not the author of this indicator)
http://www.4shared.com/file/110448270/e8543a5d/MA_Alert.html


Please comment if u have something to share with me.
Trader help trader. Sharing is caring =)

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Intro!  

Hye! This is my 1st forex blog that i'll use it to post my daily trading activities.
I also will post my ideas & strategies that might be helpfull for those who are new in fx trading.

I am new in fx and I'm not an expert/pro. This will be my journal on my trading experiment to fulfill my dream to become an expert/pro in fx trading. One day I'll be that person no matter how long it takes.

I started trading since 15 february 2009 : 3 months and 21 days

My FX Guru : Mr. Kishore M

Thats all for the intro!

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