Forex Trading Wish List

Well, once again it is Saturday. There is no trading at all today so I have some time to reflect on wider issues. So, as someone who wants to trade full time for a living, I am feeling the need for the following:A nice large workstation including a comfortable reclining chair. As an active trader I can find myself sitting at the keyboard for many hours at a time so I might as well be

Forex Trading Review

So, I've been practicing my strategy using a micro-account for months, and it's time to up my game and start trading for real.I capitalized my account on Thursday evening and have been playing the AUDJPY with a more serious dollar value for the last two days. Here is a summary of the mistakes I noticed myself making over this period:Discipline breakdown. I broke discipline and acquired too many

Double Top Warning

It isn't here yet, and that means it may never arrive, but we are currently looking at a potential double top on the AUDJPY.This means that the DOW could also be poised to give up some recent gains.Obviously, the DOW can do what it wants, but if you are seeing gains right now and are thinking of jumping in, be wary.Personally, I'm hoping for the downturn. If it happens according to "my" chart

Earning While Sleeping or Catching The Top

This morning I wake up to verify that I've made about 30% of the NAV (net asset value) of my downside trading sub-account. Sweet!How did I do this?I have been charting the AUDJPY for several days. There is a clear down trend and at 7:30pm last night the price touched the top of the trend. From there I'd been able to accumulate short positions, setting protective stop losses before opening up

Referall Commission from FXOPEN

I just look at my trading history in MT4 and saw my first referall commission from FXOPEN. Not bad at all, even it is a small amount of $... it still worth for me hehe... If you want to have referall commission just like me, just join throught the link at ads below this page. Then send me an email which include your account number so I can help you with any problem that may arise.Happy trading

EA Programming

I have been playing around with MQL Programming which is the way to write an automated trading program that we are usually called it Expert Advisor (EA). I have written several EA that works based on my own or some famous strategies. And now I open a service for people who wants help for writing their own strategies into an EA. The fee is about $100 and above depend on the complexity of the

Monday Forex Thoughts

Well, I was able to successfully navigate the downward movement of the AUDJPY overnight. It's always a pleasure to wake up to a large degree of pippage! Of course, I sunk a few positions with protective stop losses before retiring for the evening.This morning, the AUDJPY is bouncing around the 91.36 resistance point. However, a double top has formed on the bounces, so I'm starting to suspect