Tuesday, August 26, 2008

Happy Ramadhan...

To all My Best Friend and My friend in The Forex Community
I'm sorry if I'm wrong in My prediction and in My word....
Maybe in a fews Month I'dont write Prediction in my journal again...
C yahhhh................ Thanks for your friendship ....
One day i be back again..with My Style...
Once Again.. Happy Ramadhan........

Friday, August 22, 2008

Why Use Trend Line ??



Look at the yellow circle the Double Bottom Formation it' s mean if not breakdown running price will retrace again or the new Up trend beginning.
See the trend line ( Purple) If Uj can not break my trend line in the top UJ will retrace again...the
first target maybe the Middle Bollinger (black).
but if break Up the first target the hight yesterday see the horizontal trend line ( brown)...

Play Safe, Locking Your Profit First Put SL , and Happy Trading..........


Tuesday, August 19, 2008

What Do U See...??


See my triangle UJ H4.. it's just only Trend Line and u can make it manual draw.
it's Simple but have a strong power...and See the candlestick touch the triangle what do u think???
what do u think in your Pending Op?? think about it...God Luck...

Play Safe,.locking your profit first , put U'r Sl or averaging..Happy trading....

Saturday, August 16, 2008

The 10 Biggest Errors New Traders Make

Fact - 95% of forex traders lose and they will make one or more of the mistakes below, so avoid these common errors or join them, here they are:
1. Trying to Predict Forex Prices

Most novice traders think that the way to win is to predict where prices are going but that's simply hoping or guessing and you won't get far with that currency trading - you need to trade confirmation of trend changes only.

2. Believing Markets are Scientific

Forex traders who try to predict also fall victim to the myth that markets are scientific. They follow forex trading systems based around - Elliot Wave, Gann, or Fibonacci and lose. Of course these systems all fail because if there was a scientific theory of market movement, we would all know the price in advance and there would be no market!

Trading FX is a game of odds not certainties.

3. Day Trading

The most common myth of all. More novice traders try to use forex day trading systems than any other method - it doesn't work. As we have said forex is a game of odds not certainties and there is no way you can possibly work out where prices are going within a day.

If you day trade the odds are against you and you will lose your money - period.

4. Trading to Often

Most traders think they should always be in the market in case they miss a move but this is rubbish. You should only trade when your currency trading system tells you there is high odds trade, then and only then should you execute your trading signal.

5. Trying to Buy Low Sell High

This again goes with the trader who wants to predict prices with their forex trading strategy - but it wont work and the best moves with the best odds are breakouts. Most major trends start from new market highs and you need to learn to buy them if you want to make money.

6. Blindly Following a Vendor

There are plenty of vendors selling forex trading signals and forex trading system software where if you follow it they tell you that you can make money - the vast majority are junk and come with simulated track records. Try and find one with a real track record and get ready for a long search.

We can all make money in hindsight but that's not the real world.

7. Trying to Trade the News

If people could trade by following the news there would be a lot more winners than losers! Sure the stories are convincing but that's all they are stories. I love Harry Potter books but I don't think I can fly! News reflects the greed and fear of the herd and if you trade it get ready to dump your money quickly.

8. Making Their Forex Trading System to Complicated.

Many traders assume the more inputs they cram in the better a trading system will work however the total opposite is true - cram too many indicators in and the system will break. Simple systems work best as they are more robust.

9. Failure to Run Profits

There is a lot about said about traders not keeping their losses small, but a far bigger reason for losses is their failure to run profits. Traders get excited when they get a profit and the bigger it gets the more tempted they are to take it. Of course a few dips in their open equity, sees them snatch it - then what happens?

It turns into a mega trend and goes the way they thought and their not in - this happens all the time. You need to have confidence and conviction to accept huge gains.

10. Over leveraging and Stops to Close

Sure you can get 400:1 leverage and trades use it and place stops within normally volatility. I often hear people talk about using a 30 pip stop! Well you may as well flip a coin; market volatility will kill your equity.

You need to de leverage and give a s top that's logical

Finally - Answer this question Before You Trade:

If you understand you mustn't make the above mistakes there is one more question to consider before you trade ask yourself this:

What's your trading edge?

In other words why should you win when the vast majority of traders fail? The edge you have must be logical and you must have confidence in it, to beat the majority of losers. If you don't know what it is you don't have one and its back to your forex education.

Forex can give you a life changing income if you work smart, avoid the mistakes above, get a simple currency trading system and apply it with discipline and you will soon be enjoying currency trading success.

Just share from reading e book..hope nice to U..All...

Thursday, August 14, 2008

Want be a H & S in GU??


I see GU want be a H & S formation look my sign...
if GU can not break down 1.8639 maybe Gu will retrace again the target First 1.8978 if Gu want be Head $ Solder this the Target First...
BUt if he success Break 1.8639 Gu will falling a down again...
this my prediction

Play safe,..Put Sl or averaging If U'r margin very strong,..Locking Profit First and Happy Tradinggg

Wednesday, August 13, 2008

Love H & S Formation


See how i much love this formation:D
Head and Solder never Lies formation
coz if not break this formation will Retrace again.
and see the triangle and trend line i thinks is simple but strong power...
believed u'r style and learn and learn again one day we can success in Forex I hopee..Aminnn

Play Safe,.. Put Sl ..Locking your Profit First and Happy Trading.....

Description Head n Solder

Forex Trading Trend Patterns - The Head and Shoulders Top/Bottom

Head and shoulders tops and bottoms are relatively easy to recognize Forex trading trend patterns, because they have a distinctive shape that identifies them. Nevertheless, it is still a vital part of learning forex trading, and you should still make an effort to understand it.

One way to view head and shoulders top patterns is to view them the same as double top trend patterns, with an added top between the two tops, that is higher than the other two tops.

In a similar way, the head and shoulders bottom trend pattern resembles the double bottom trend pattern, with an added low bottom in the middle.

Same as for the double top and bottom trend patterns, the head and shoulders patterns should be used for the last rise/drop, when investors should enter and place the Forex trading order.

The reason it's called head and shoulders trend patterns, if you haven't figured it out for yourself, is because the pattern resembles a human like figure, with the top tops on both sides as the shoulders, and the high top in the middle as the head.
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Tuesday, August 12, 2008

Head n Solder UJ H4


I see this night head n solder see my triangle
if UJ can not break the neck 109.59 maybe UJ will Up again Go to My triangle 110.36
But if break down 109.59 the target first 109.17

Play save, put SL, Locking u'r profit first and Happy Tradingg...........

Monday, August 11, 2008

UJ in Daily Agust


UJ in daily if break 110.36 Uj will continue Up trend maybe try to reach 112-114 .
I just remember my floating 1 month in Gu in Agustus when GU reach 2000.xx
this month can Uj still reach the next target or come down again:D.

Play Save, Put SL, Locking Profit First,...sooo Happy Tradingg...........

EU Daily $ H4



Eu in daily still down trend if break my trendline maybe down again woww 1.47xx the target first but see in H4 i think maybe tomorrow EU will be retrace again maybe after this candle or the next candle will c ..
in TF 15 bullish enguilfing formation ....
Play save, Put SL Lock your profit first coz this market very dangerous like now.... happy Trading..

Friday, August 8, 2008

UJ Daily


UJ daily ,,, I think if 109.89 break Up UJ will countinue to Up trend
in TF H1 see shooting star and the next bearish candel , maybe Uj will be retrace first ..the Target first Pivot level in 109.47.
But if the pivot break again maybe will countinue to 109. 21 ( S1)

Play Save,, Lock U'r Profit First, Happy Tradinggg

Monday, August 4, 2008

GU

Gu this night...
I think Gu begin Up or just a retrace :D
i see doji in Tf 15 and candle formation in Tf 15,, soo see in TF H1 bullish enguilfing still begin
but remember TF H4 GU still down but not strong anymore I think..
put ur SL in the low To day or U can Averaging with buy Limit after 35pip if U don't like SL like Me:D lol

Play safe,.. Take U'r Risk. Locking U'r Profit first and Happy trading......
xixixi Follow GJ this Afternoon lol Got Green Huh...xixixi KG said:D

GJ


GJ i think GJ stil ranging between S1 and Pivot level
I see in H1 Doji and double bottom
if break down Tp in S2 see my trend line if want break down:D
but if not break i think still Up TP Pivot Level first coz this day haven't news high impact.

Paly safe, Lock U'r Profit First, Happy Tradinggg

Saturday, August 2, 2008

7 More Rasons to Trade

Here's 7 more reasons to trade :

1. It never closes. It's open around the clock, worldwide. Trading positions open at Monday 7am, New Zealand time and close 5pm New York time on Friday. During this time, you can enter or exit the market whenever you like. It's a continuous electronic currency exchange. This is great because you can trade whenever you have spare time.

2. Leverage. Standard $100 000 currency lots can be traded with as little as $1000. This is mainly because of the ease with which you can buy and sell, some brokers will leverage up to 200 times, so with $100 you can control a 200 000 unit currency position. It's the best use of trading capital around, even banks lending on property investments don't come close.

3. Accurately predict the outcomes. Currency prices generally repeat themselves in predictable cycles so you can see what the trends are. 'Technical Analysis' helps to see these trends and profit from them.

4. Low Transaction Cost. In other words, you mistakes won't cost you a fortune. Good brokers won' charge commissions to trade or maintain an account even if you have a mini account and trade small volumes.

5. Unlimited Earning Potential. has a daily trading volume of over 1.5 trillion, the largest financial market in the world. It dwarfs the equities market (50 billion daily) and the futures market (30 billion).

6. You can make money in any market conditions. Each market is one currency against another, so when you buy in one, you're selling in another so there's no biase towards either currency moving up or down. This means it's up to you to choose which currency to buy or sell with. Yu can make money going up or down.

7. Market transparency. This is an advantage in any business or trading environment. It means you can manage risk and execute orders within seconds. It's highly efficient and allows you to avoid unexpected 'surprises'.

I hope you're now convinced that is the best investment and income opportunity around.

by Sorna Devadas

Friday, August 1, 2008

Head n Solder in UJ


Head n Solder UJ H4, if not break neck will retrace again coz H4 still strong down .
See My arrow and mY circle for head n solder.
play save n lock u'r profit first coz NFP this night .I think market wait NFP so some pair still ranging:D

AUD


I see calculate range imbalance in AUD if the triple imbalnace will be Gress Op lol:D
I think Aud will Go Up aftre falling down. in H4 Aud can still down.
in Tf 15 moorning star and bullish enguilfing u can see.
it's the Up will begin.but the BB stil falat or sideway/
if U want Op wait 1 minute before news 1.30wib in here.
if the closed candle can't break the low Buy is good:D i prefer buy xixixixi

Take U'r Risk, Play safe, Lock U'r Profit First, and happy Trading,.....

EU


After falling down , I think EU will be Up again or retrace:D.
the morning star we can see in H1 and n TF 15 still Up but to slow.
if want Buy the target is 1.5600 first
If u want SL give the bottom support 1.5540 or u open buy limit in here..

Take u'r risk, Locking the profit first, and Happy trading ...