Buy Gbp/Usd at 2.0355, TP at 2.0480, SL at 2.0315 = +35 pips (close at 2.0390 before NFP)Buy Eur/Usd at 1.4125, TP at 1.4180, SL at 1.4095 = +5 pips (close at 1.4130 before NFP)Profit = +40 pipsOctober Total Profit = +320 pipsAccumulate Total Profit = +951 pips
Friday, 5 October 2007
10 Most Deadly Thinking in Forex Trading
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10 Thinking that forex traders must not keep in their mindsThinking that they can control the marketUsing indicators are 100% safeFollowing market prediction without analyzingDoubling their lots to replace their lossStop learning and analyzing when already get some profitsHold a loss position in order to wait the price backUnderestimate writing daily journalOpening new position without planThey
Winners Simply Do What Losers Won’t Do
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03:44
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Thought the forum might enjoy this quote - copied from Van Tharp Sep 28th Letter"Winners Simply Do What Losers Won’t DoAdopting the belief that “winners” simply do what the “losers” will not do is very useful in many aspects of life. After all, that is the case in the field of investing and trading. So let’s step into that belief and see what naturally follows.Here are some winner/loser opposites
10 Tips for Online Forex Traders
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03:43
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By Abe CofnasWithout a doubt, trading is more than a few quick tips for success. You need experience, fortitude, capital and, above all, a solid trading system. However, for beginners and those who are perhaps losing their focus amid significant drawdowns, keeping things simple can introduce much-needed focus into your trading.To that end, here are 10 tips for trading e-forex that can help you
Trader Level #5
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03:35
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Level #5. Unconscious CompetenceNow were cooking - just like driving a car, every day you get in your seat and trade - you do everything now on an unconscious level.you are running on autopilot. You start to pick the really big trades and getting 100 pips in a day is becoming quite normal to you.This is trading utopia - you have mastered your emotions and you are now a trader with a rapidly
38 Steps To Becoming A Successful Forex Trader
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03:35
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1. We accumulate trading information - buying books, going to seminars and researching.2. We begin to trade with our 'new' knowledge.3. We consistently 'donate' and then realize we may need more knowledge or information.4. We accumulate more information.5. We switch the currencies and time frames we are currently following.6. We go back into the market and trade with our 'updated' knowledge.7. We
Trader Level #3
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03:34
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Level #3. The EUREKA MomentTowards the end of stage two you begin to realise that it's not the system that is making the difference.you realise that its actually possible to make money with a simple moving average and nothing else IF you can get your head and money management rightYou start to read books on the psychology of trading and identify with the characters portrayed in those
Trader Level #4
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03:34
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Level #4. Conscious CompetenceOk, now you are making trades whenever your system tells you to.you take losses just as easily as you take winsyou now let your winners run to their conclusion fully accepting the risk and knowing that your system makes more money than it loses and when you're on a loser you close it swiftly with little pain to your accountYou are now at a point where you break even
Trader Level #2
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03:33
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Level #2. Conscious IncompetenceLevel two is where you realise that there is more work involved in this and that you might actually have to work a few things out.you consciously realise that you are an incompetent trader - you don't have the skills or the insight to turn a regular profit.During this phase you will buy systems and e-books galore, read websites based everywhere from Russia to the
Trader Level #1
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03:31
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Level #1. Unconscious IncompetentThis is the first step you take when starting to look into trading. you know that its a good way of making money cos you've heard so many things about it and heard of so many millionaires.Unfortunately, just like when you first desire to drive a car you think it will be easy - after all, how hard can it be?? - price either moves up or down - what's the big secret
A Series of Trader's Level
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03:30
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According to this article, there is a classification for forex traders based at their achievement. Start from today, I will post the level of classification. Hope this is useful to consider your trading level.The trading level of a forex traderLevel #1 : Unconscious IncompetenceLevel #2 : Conscious CompetenceLevel #3: The Eureka MomentLevel #4: Conscious CompetenceLevel #5: Unconscious
Think like Real Trader
Posted by
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03:28
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In principal, trading forex is same as any trading form in this world. The basic strategy is buy at low and sell at high. But why this simple strategy is so hard to do? Because nobody can control the market. High and low are decided by conclusion and psychology level from all traders in this world. The basic economic law about trading is there must be a balance between supply and demand. When a
Understanding Fundamental News
Posted by
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03:24
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There are many fundamental news that are watched by traders. Among of them, I select several news that have big influence in price movements. I figured that not all of "good news" is good and vice versa. Let's discuss about them one by one sorted from the most important news (remember, the qualification for most important is based at my experience).Interest Rate Statement. The mother of all
Software : Forex Strategy Builder 2.4.2
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03:22
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Maximize Your Profit
Posted by
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03:19
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Until now, I still don't find a holy grail forex system that can win 100%. Maybe someday, one of us will find that. But until that day, do we stop trading forex? Personally, I won't wait for the holy grail. No one is perfect just like forex system. So, what can we do to survive at this forex jungle?The answer is simple but hard to do, minimize your loss and maximize your profit. If you want to
10 Secrets of Successful Forex Trader
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03:18
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These are 10 tips that I think must do to become successful forex trader :Learn from your losingFind what factors that made you lostDo not repeat the loss factorsChange your loss factors into winning factorsMake a plan for your tradingDo your plan and stick with themAlways use Money ManagementUse strategy to maximize profitsTake your loss like your profitLearn about market psychologyHope these
Trading Forex is Simple or Complicated?
Posted by
FX
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03:16
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That is a question for me after doing trading forex for almost a year. I have been looking for the answer for a few moment until I found the answer for myself. Trading forex can be simple or complicated depends on our knowledge about forex itself. Trading forex is same as many kinds of trading terms in this world, what makes it different are the items that being trade and the influence
Thursday, 4 October 2007
Result Signal #20
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19:41
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Intermezzo : Change Template
Posted by
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04:56
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Today, I change the layout of MFS. I was thought this procedure will take a relative long time and patience but I was wrong. It took longer time than my prediction and a lot of attempts since I just know a little web programmer skill. I do not have a plan to change the template again in a short time since my time is very limited.Thanks for typoxp2 for sharing this great template and my chat
Signal #20
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00:45
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Result Signal #19
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00:42
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Wednesday, 3 October 2007
Result Signal #18
Labels: Live ResultResult from Signal #18 :Sell Limit Gbp/Usd at 2.0460, TP at 2.0410, SL at 2.0475 = 1st attempt was loss -15 pips, 2nd attempt was profit +70 pips (close at 2.0390) = total +55 pipsBuy Limit Gbp/Usd at 2.0400, TP at 2.0460, SL at 2.0360 = +40 pips (close at 2.0440)Buy Stop Gbp/Usd at 2.0480, TP at 2.0580, SL at 2.0440 = -40 pipsProfit = +55 pipsOctober Total Profit = +55 pipsAccumulate Total
Tuesday, 2 October 2007
USDCAD Is Playing By My Rules
Labels: bottoms, carry, swing, usdcadOkay, I've blogged recently about the USDCAD approaching a low.I know there are always skeptics out there, and I'm not trying to sell you anything, but I will suggest that this pair is now fairly easy to trade.When it shows signs of weakness, dropping significantly, buy it. When it approaches parity, sell it. It may or may not be at bottom yet, but nobody really believes that the Canadian
Signal #19
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22:05
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Sunday, 30 September 2007
Forex Day Trading System - Exciting Info!!
Labels: forex chart, forex Entry, nfp, online forex trading, support and resistance, USD/CADForex Day Trading System - Exciting Info!!There are quite a few exciting infos that I have to share.First, my blog has reached 600 subscribers in the RSS feed list..Thanks to all of you for making it such a popular blog site..Keep visiting and I'll share lot of other useful information also on the world of forex trading.Next exciting news is that I am in middle of creating a forex trading course
Privacy Policy
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at
19:37
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Privacy Policy for www.today-fx-strategy.blogspot.com
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Some of our advertising partners may use cookies and web beacons on our site. Our advertising partners include Google Adsense, .
These third-party ad servers or ad networks use technology to the advertisements and links that appear on www.today-fx-strategy.blogspot.com send directly to your browsers. They automatically receive your IP address when this occurs. Other technologies ( such as cookies, JavaScript, or Web Beacons ) may also be used by the third-party ad networks to measure the effectiveness of their advertisements and / or to personalize the advertising content that you see.
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You should consult the respective privacy policies of these third-party ad servers for more detailed information on their practices as well as for instructions about how to opt-out of certain practices. www.today-fx-strategy.blogspot.com's privacy policy does not apply to, and we cannot control the activities of, such other advertisers or web sites.
If you wish to disable cookies, you may do so through your individual browser options. More detailed information about cookie management with specific web browsers can be found at the browsers' respective websites.
If you require any more information or have any questions about our privacy policy, please feel free to contact us by email at xuandoan.info@xemnghe.com.
At www.today-fx-strategy.blogspot.com, the privacy of our visitors is of extreme importance to us. This privacy policy document outlines the types of personal information is received and collected by www.today-fx-strategy.blogspot.com and how it is used.
Log Files
Like many other Web sites, www.today-fx-strategy.blogspot.com makes use of log files. The information inside the log files includes internet protocol ( IP ) addresses, type of browser, Internet Service Provider ( ISP ), date/time stamp, referring/exit pages, and number of clicks to analyze trends, administer the site, track user’s movement around the site, and gather demographic information. IP addresses, and other such information are not linked to any information that is personally identifiable.
Cookies and Web Beacons
www.today-fx-strategy.blogspot.com does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser.
Some of our advertising partners may use cookies and web beacons on our site. Our advertising partners include Google Adsense, .
These third-party ad servers or ad networks use technology to the advertisements and links that appear on www.today-fx-strategy.blogspot.com send directly to your browsers. They automatically receive your IP address when this occurs. Other technologies ( such as cookies, JavaScript, or Web Beacons ) may also be used by the third-party ad networks to measure the effectiveness of their advertisements and / or to personalize the advertising content that you see.
www.today-fx-strategy.blogspot.com has no access to or control over these cookies that are used by third-party advertisers.
You should consult the respective privacy policies of these third-party ad servers for more detailed information on their practices as well as for instructions about how to opt-out of certain practices. www.today-fx-strategy.blogspot.com's privacy policy does not apply to, and we cannot control the activities of, such other advertisers or web sites.
If you wish to disable cookies, you may do so through your individual browser options. More detailed information about cookie management with specific web browsers can be found at the browsers' respective websites.
Signal #18
Posted by
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19:11
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