World of Bear and Bull (FOREX)
Tuesday, March 24, 2009
Finally
1 thing I reallize, doing nothing and just watching price moving in favor with your analysis is very though job. My mental persuade my itchy hand to post a trade. At last I lost in the tug of war between picky and happy trigger trade. The result was I lost! Hahahahaha.
Today I see an A++ set up on EJ, AJ, NJ, and A-- set up on EU and NU pairs. All of it has confluence which I like so, I just NIKE! Here is the charts, whatch and enjoy.
Wednesday, March 18, 2009
It's boringggggggggg.....
No trade taken since last Monday trade. From now on my trading approach will be extra picky but not conservatively, so no more 2ohrs system update. No more happy trigger but more on waiting the very high probability trade set up. Good set up doesnt come frequent. This will help to reduce my number of trade which I think is my main issue right now. Overtrade will kill my acc growth and doesnt benefit me in the long run. Anyway I'll continue to trade the "breaking rules day" as usual coz it proven profitable so far. O.k enough rant back to trading.
O.k. see ya at the next grade a+++ set up otherwise I just sit tight on my hand and wacthing. This waiting game for sure will be very long and verrrryyyyyyyyy- verrryyyyyy borinnnnnnnnnnnngggg but I dont mind waiting.
Tokwanden
is waiting......
O.k. see ya at the next grade a+++ set up otherwise I just sit tight on my hand and wacthing. This waiting game for sure will be very long and verrrryyyyyyyyy- verrryyyyyy borinnnnnnnnnnnngggg but I dont mind waiting.
Tokwanden
is waiting......
Saturday, March 14, 2009
Back to Basic
My trading performance for the past few week not very well. I look back and question myself, "what did I do wrong?". I dint get the answer until I spoke to Wakli. He nailed me in my head. It hurts. Thanks Wakli for speaking the truth otherwise I dont realize that I'm losing direction in my dreaming. Hahahaha.
O.k. Let start a fresh! What I mean is let start to get back to basic a fresh. Here is a few set up that I'm eying hawkishly for next week. I have 4 pairs that I classified it as must trade set up. I grade it as A+ set up.
1. CHF/JPY
2. Geppy
3. GBP/CHF
4. UCAD
All 4 have the confluence that I'm loking for.
1. PA and in this case 2 BEOB 2PB all on weekly TF.
2. 50/61% fibo retr
3. PPZ/S&R
4. Etc....
Check the chart out... Again the question is will it work? Again the answer is, I dont know! Let check it out! Eh...next week. Hehehehehe.
Wednesday, March 11, 2009
I'm waiting (with patiently)
Not much action for me this week. Actually I'm busy demoing the 20hr bar/candle on 4hr TF. So far so good especially for trending pair. So, I learn another new tips for that system. It's best during trending situation!
Hmm, just for update. I'm going to fund my IBFX acc today. Starting capital USD1k. Usd1k in IBFX is enough to have 2 mini lot at the same time. There is a lotof oppurtunity but my small acc at Oanda doesnt allowed me to take the position. But I'm still maintaining the acc and the mission continues.
Hmm, just for update. I'm going to fund my IBFX acc today. Starting capital USD1k. Usd1k in IBFX is enough to have 2 mini lot at the same time. There is a lotof oppurtunity but my small acc at Oanda doesnt allowed me to take the position. But I'm still maintaining the acc and the mission continues.
Monday, March 9, 2009
Pi mai Pi mai tang tu/ What goes around turn around
Yesterday GCHF short was superb. My target 61.8% fibo reached. Today/this morning I managed to cacth/long Cable aka GU 45pips through 20hrs bar/candle on 4hr TF system. So total gain yesterday +255 plus today +45 should be 300pips. Wow! excellent! I should be millionnare in coming year. Hehehehehe but wait! Pls hang on there buddy. Not so fast!
I just telling you the good story. How about the bad one. What? There is a bad one?
Yes! There is the bad one! I did a mistake! Poor you Tokwanden. What did you do? I short EJ without confirmation which is wait for the price to break the previous bar in this case was Sunday Bar
As I mention on my earlier post, Monday is my "breaking rule day", just and only Monday. But the rules is dont break the rules of "breaking rule day". Sound complicated? Never mind is not for you to worry about..
Huh! Even the "breaking rules systems" has a rules to follow. Lesson of the story is, DONT BREAK THE RULES. ( fyi my account now is usd441 an additonal usd70)
So far so good. My GCHF look great. I'm thinking to take the profit at 61.8% fibo. 260pips from my entry. My EGBP po buy dint get filled. Not enough money I guess. Heheheehe. I place PO buy at 0.9010 with 1 mini lot. Not my rezki. Anyway Alhamdulillah. It's a good start for this week unlike last week...Here is the chart enjoy!
Sunday, March 8, 2009
It's monday!/ Isnin datang lagi!
Hahaha Isnin datang lagi. Apa lagi jom trade Sunday bar! Aku cuma ambil 1 pair jer hari nih. GCHF. Napa aku amik pair pelik nih? Napa tak amik pair lain? Apa istimewa pair nih? Tak ada istimewa nyer. Saja jer aku amik pair pelik nih. Salah satu sebab ialah dia nye location. Kalo tengok dia nye pattern cam continuation pattern jer. Itu jer sebabnye.
Lagipong takble main pair banyak beb sebab akaun aku dah susut jadi 370usd. Mulai hari nih aku main 1 lot mini penuh. Peluang untuk ke parit memang cerah kalo dia again aku. Aku nak citer panjang2 tak dek idea nih lagipong aku ada urusan keluarga yang perlu diselesaikan. Cau cin cau.
Chart nyer aku update kemudian..
Lagipong takble main pair banyak beb sebab akaun aku dah susut jadi 370usd. Mulai hari nih aku main 1 lot mini penuh. Peluang untuk ke parit memang cerah kalo dia again aku. Aku nak citer panjang2 tak dek idea nih lagipong aku ada urusan keluarga yang perlu diselesaikan. Cau cin cau.
Chart nyer aku update kemudian..
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