Wednesday, May 27, 2009

Previous = +3267
yesterday trade = +200
still in trade = GU - 100 ; GY - 150
Grand total at the moment = +3467

hope this 2 trade turn green today, or i'll chop it at whatever price.
Ending this month in +ve side whatever happen to this 2 trade

Grand total = +3117 (GU hit SL -150pips,GY hit SL - 200pips)
total in green, aminnnn
Ok guys,
May has come to the end - this Friday is last trade for this month.
I think, i'll just wait for GU and GY before ending this month trading.
Enough signal for this month. We will continue this again in June.

In June, I will join Instafx rally trading competition. Hope i can get top 10 place in that competition ( wondering if i can caught all the market pips move to beat the other competitor...poyo je rasanye)

I'll update soon on the pips collection for this month, once the GU and GY trade completed ( i guess it'll goes to the SL nangih )

Tuesday, May 26, 2009

Lets get into the market today
Gold -
sell stop - 952 , SL - 960
buy stop - 960 SL - 952

GY -
Sell stop 149.77 - SL 151.77

GU -
Sell stop 1.5834
buy stop 1.5934

trade at your own risk! happy trading to all

Gold - Hit TSL (trailing stop Loss) - +200pips
GY - still floating, waiting SL or TP
GU - still floating, waiting SL hit or TP

Monday, May 25, 2009

Salam to all traders,
hope you re in good health,
if there's nothing much happening from now to tomorrow, we will have INSIDE BAR at GOLD.
it is our chances to make money.

just wait it to break high or low of the candle. SL is at the opposite side. TP minimum is 3x of candle range (Inside bar/harami candle)
happy trading to all.

GY & GU - I'll look where they want to go. No retracement/correction at all....Maybe the time has come for price correction? or what? Just follow the flow traders. They move south, we go to south, vice versa.

in simple word:
Gold - buy/sell on breakout of harami (if it appears correctly tomorrow)
GY & GU - Sell (for price correction) - wait for candle & indi confirmation
Salam to all readers,
I don't know whether what is playing in my mind now (the idea!) is gonna work or not. I need to go back to 4hr chart and doing home study.
It is based on time, candlestick and 1 indi (the indi that i appreciate most) - MACD v105
What i don't know now is:
1. Is the idea going to work most of the time or it is just an idea.
2. What is the probability of success ? 50% ?, 70% or 90%. I'm going to go down up to 300 sample and if it's working 70-80% success, then i'll consider that as working nicely. Of -course MM is included here.
I found myself doing very consistent with Daily TF. However, the curiosity and ' want to explore ' correlation and human behavior to the market make me goes down to the chart study again - at tf 4hr.
I hope it's worth and give fruitfull result to me and my wife.
Last weekend, i was talking to my friend and my wife and they'd encourage me to develop a long term account without the needs of withdrawing it. All this while, i keep withdrawing money and put it into ASB or spend it to my family. I think, I'll start it with a small amount of money (e.g USD1K) and start compound it. Maybe in next 5 years, if Allah permit it, We will see the results, the good one Insya Allah.
hmmm...looks like a lot of work to do this week.
1. Trading,
2. Blogging,
3. Mauritania ITB preparation
4. PTS
5. etc (tak tersebut dah)
but i enjoy it very much....yeargh....
I'm going back to Kampung Bahagia, Kota Sarang Semut this weekend. yeay..balik kampung mentua..anak leh main kejar ayam lagi...abis la gelap anak aku.hehe

Sunday, May 24, 2009

Russia Dumps the U.S. Dollar for Euro as Reserve Currency

The US dollar is not Russia’s basic reserve currency anymore. The euro-based share of reserve assets of Russia’s Central Bank increased to the level of 47.5 percent as of January 1, 2009 and exceeded the investments in dollar assets, which made up 41.5 percent, The Vedomosti newspaper wrote.

The dollar has thus lost the status of the basic reserve currency for the Russian Central Bank, the annual report, which the bank provided to the State Duma, said.

In accordance with the report, about 47.5 percent of the currency assets of the Russian Central Bank were based on the euro, whereas the dollar-based assets made up 41.5 percent as of the beginning of the current year. The situation was totally different at the beginning of the previous year: 47 percent of investments were made in US dollars, while the euro investments were evaluated at 42 percent.

The dollar share had increased to 49 percent and remained so as of October 1. The euro share made up 40 percent. The rest of investments were based on the British pound, the Japanese yen and the Swiss frank.

The report also said that the reserve currency assets of the Russian Central Bank were cut by $56.6 billion. The losses mostly occurred at the end of the year, when the Central Bank was forced to conduct massive interventions to curb the run of traders who rushed to buy up foreign currencies. The currency assets of the Central Bank had grown to $537.6 billion by October 2008. Therefore, the index dropped by almost $133 billion within the recent three months.

The majority of Russian companies, banks and most of the Russian population started to purchase enormous amounts of foreign currencies at the end of 2008. The dollar gained 16 percent and the euro 13.5 percent over the fourth quarter. The demand on the US dollar was extremely high, and the Central Bank was forced to spend a big part of its dollar assets, experts say.

The change of the structure of the currency portfolio of the Bank of Russia has not affected the official peg of the dual currency basket, which includes $0.55 and 0.45 EUR.

The investments of the Bank of Russia in state securities of foreign issuers have been considerably increased, the report said. About a third of Russia’s international reserves are based on US Treasury bonds.

Russia became one of the largest creditors of the US administration last year, the US Department of the Treasury said. Russia increased its investments in the debt securities of the US Treasury from $32.7 billion as of December 2007 to $116.4 billion as of December 2008.

Thursday, May 21, 2009

Readers / Followers,
starting this June, I'll change the way i put the pips collection in this thread. If you follow from early day of this blog, i just put all the pips in 1 count to get the total. At last, we did not know how many we get for each pair. So i'll change that.

The format shall be as below later ;
Trade Signal :
1. GY (signal) - Result
2. GU (signal) - Result
3. Gold (signal) - Result

Grand total
1. GY = zz pips
2. GU = yy pips
3. Gold = xx pips

Hope that will be much much clearer
GY - + 180 pips close manually
GU - not trade
Gold - close manually + 960 pips

Grand total = + 2127 pips + 180 + 960 = +3267 pips

lets see if the candle at Daily tf shows hammer or not tomorrow at GY , If yes....then it is a sell signal.

happy trading to all.
psst......I'm going to EGYPT in June and August 2009
Yesterday trade:
BUY GY : total 120 pips (trading on 1hr chart)
GU : not trade this pair yesterday.
Gold : BUY now at BE+ 50 pips

happy trading to all

p/s - GU has breach it's 1.5500 barrier. Whether it can hold above this area or not, I dont know. Just becareful and watch for price action (candlestick pattern & SnR), or you can just follow the indicator. Trade the simplest way you can and comfortable with. Insya Allah, you'll be succesfull.

At the time this post is written, GY has moved down 100 pips. maybe GU will follow later on. Who knows :)

Grand total = +2007 + 120 = + 2127 pips

Wednesday, May 20, 2009

Gold -
it is inside bar aka HARAMI. - wait until it breaks either side. Me.....waiting at Sell area

GY & GU - long shadow appeared yesterday. BUY with careful.

happy trading to all. Will update my result later

Tuesday, May 19, 2009

Gold - hit trailing SL from last week trade +175pips

Grand total = +1492 pips+175 = 1667 pips

will see today....what's gonna happen. whether we can break 2000 pips mark.

today trade update

GU hit TP - +150 pips
GY hit TP - +150pips
EY hit SL at BE + 30pips
Gold hit SL + 10
Grand total = 1667 + 150 + 150 +40 = 2007 pips

Trade signal:
GU - bull take in(bullish engulfing). BUY - just becareful because it's now creating triple top. Break the barrier, then we'll see higher up!
GY - bull take in(bullish engulfing). BUY
Gold -(bearish engulfing). Sell

Please find yourself the best entry and comfortable SL. Happy trading to all
By Anna Rascouet

May 18 (Bloomberg) -- The yen fell against the dollar and the euro after Japanese Vice Finance Minister Kazuyuki Sugimoto said “excessive moves” in currencies may hurt the economy.

The yen dropped the most against the Australian dollar and South African rand as Sugimoto told reporters in Tokyo today that bolstering the economy is now the government’s “top priority.” The euro dropped versus the dollar after European Central Bank council member Axel Weber warned against “exaggerating” recent signals the economy is stabilizing. India’s rupee climbed the most in two decades on optimism Prime Minister Manmohan Singh’s election victory will help his party implement reforms.

“Sugimoto said that volatility in the foreign-exchange markets was undesirable, which indicates that the yen is probably at too high a level at the moment,” said Emeric Challier, who manages about $92 million in currencies and fixed- income assets at Avenir Finance Investment Managers in Paris.

The yen weakened to 95.73 per dollar as of 7:08 a.m. in New York, from 95.21 last week, paring its gain this month to 3.1 percent. It depreciated to 128.90 per euro, from 128.43. The euro slid to $1.3466, from $1.3495.

The yen gained 11 percent versus the dollar since the collapse of Lehman Brothers Holdings Inc. last September as investors bought the Japanese currency as a refuge from the financial turmoil.

‘Negative Effect’

“Excessive moves in currencies are undesirable as they would have a negative effect on the Japanese economy,” Sugimoto said today. “We’ll continue to monitor currency markets.”
The yen extended declines after Japan’s local and foreign- currency debt ratings were brought to the same level, Aa2, by Moody’s Investors Service, to reflect that the repayment risk for each is equal.
ECB council member Weber said the central bank has done enough to help the economy and shouldn’t consider further measures unless things get a lot worse, the Financial Times Deutschland reported, citing an interview.

“The crisis has yet to reach the people via job losses,” the newspaper quoted him as saying. “Calling an end to the crisis too early is very risky. People will be disappointed and that could have an enormous impact on confidence.”

Investors raised bets the ECB will cut its 1 percent benchmark at its next meeting on June 4. The implied yield on the three-month Euribor futures contract for June delivery fell to 1.115 percent today, from 1.175 percent a week ago, according to data compiled by Bloomberg. The central bank announced a plan on May 7 to buy 60 billion euros ($80.6 billion) of covered bonds to help keep borrowing costs down.

Monday, May 18, 2009

Testing testing 1 2 3

Friday, May 15, 2009

Hello everybody,
this is side story of my blog...
Some good website to start learning Forex are as follows :
4. (this is in Bahasa Malaysia)

Feel free to surf thru this site and learn. Remember yah....never stop learning, because we are human. Once we stop learning new thing.....we never progress.

Happy weekend everybody. Hopefully you'd got your own simple trading strategy. Whether it is using indicator or candlestick or trendline or what, make sure u can decide to go LONG/SHORT easily and confidently. Not to forget, SL placement and money management.

I'll try to write here later with picture, the simple trading system (when i have time yaaa)
Buy signal
TP - 160-210
SL - 150-200 pips

happy trading to all.

trade update:
GY - hit SL -150
GU - manual stop -45
enough for this week....yoyo'o performance
Grand total = +1685 - 150 - 43 = +1492 pips

Thursday, May 14, 2009

SL - 150-200 pips
TP - 160-210pips

SL - 1500pips
TP - 1600-2000pips

trade updates:
GU & GY - move to SL + 10 pips
Gold still in Play.

trade updates 2 :
GU & GY - hit trailing SL = +20 pips
Gold - still in play (-90 now)
Grand total = 1665 + 20 = 1685pips

Wednesday, May 13, 2009

Grand total pips May as of today:
+ 1665 pips

in play - Gold (BE + 100 pips) ; it's now playing at 625 pips. I will let it ride until exhausted itself.
As my result this week is soooo yo-yo, i'll take 1 or 2 day break. Will start again next week, if the trend has changed from uptrend to down.

For now, Bulls still in play. If you want to trade, just buy from dip whenever possible. As a daily tf trader, i don't have that opportunity much.

Happy trading to all.

p/s - this result has surpassed April Performancemenari

trade updates;
Gold hit trailing SL (+100 pips)
Grand total = +1765 pips

Tuesday, May 12, 2009

I think, i better off trading for tomorrow.
Win, then lost , then win again....not consistent.

I'll go for Sell for GU again if it breaks the trendline. Same goes to GY. I dont like to buy when Stochastic / MACD is very very very bullish....I dont like to be trapped at the top (BUY).

if you re not consistent and loss in your own trading wave in daily chart.....stop for a while
Get back maybe on Thursday / next week......

p/s - you have demo account to push BUY/SELL button when you re inconsistent.
- it's an inside bar /harami on daily....wait for it to break high or low to trade ok! High-918, Low-908 ; SL 1000pips ; TP atleast 1.5 or 2.0 of SL....doa

- looks the bear yesterday. so today we go sell again. SL 150-200pip. wait for the indi to bounce back and trade SELL

- it doesnt break daily or 4hr tf middle bollinger band. But i think it'll break soon. Further, it is below Pivot Point. so SELL bias

sorry for not posting a chart. It takes much of my time to do that. I'll post it once a while.

Trade updates :
GY - SL hit -150
GU - SL hit - 150 - good news on GBP economy!nangih
Gold - in play right now. at BE +10 pips
Grand total : +1515 + 20 + 265 + 65 - 150 - 150 = +1565 pips

latest update :
GU - +100pips....this is scalping become power rangers!menari
grand total +1665 pips now! lets see whether Gold bring another good news for us. go go Gold!

Monday, May 11, 2009

buy stop @ 920 SL 1500pips
Sell stop @ 905 SL 1500 pips

GU & GY -
many traders said this week they will continue to go up. As for me and my strategy,
the bull has show it engulfing in uptrend on friday. So it will continue i guess. However, use your own style and indicator - whether it is trendline or whatever....try to find it yah.....BUY with careful. We dont want to get trap at the top!

trade updates:
The resistance hold on GY & GU. hopefully all the readers pay attention to my notice..BUY with careful. I'm taking short at
GY 149.50
GU 1.5225
now riding it freely

Gold - not hit any of buy stop or sell stop...I'll just put it there.
GY - hit trailing SL - + 265pips
GU - hit trailing SL - + 65pips

Friday, May 8, 2009

Sell GY (maks sell area 149.50)
Sell GU (maks sell area 1.5060)
Gold in decission - but still in uptrend at the moment
Happy trading to all

trade updates:
GY (+10 - hit trailing SL)
GU (+10 - hit trailing SL)

Thursday, May 7, 2009

Gold - find buy setup using your own strategy
GU - it's too high now. Buy with careful. I would like to see it go for retracement first before decide to go buy
GY - it's ranging with 200 pip range today. If you want to catch it's move....this is the time. Buy low, sell high.

trade updates:
Gold: buy +1500pips
GU : buy +80 pips
GY : buy +100 pips
total : +1680 pips
Grand total : +1680 - 296+ 131 = +1515 pips

Wednesday, May 6, 2009

Gold - Sell SL 1500pips
GY - Sell stop @ 147.8 SL 149.30 TP not determined yet
GU - Sell stop @ 1.4980 SL 1.5090 TP not determined yet
EU - Sell SL -150pips
EY - Sell Sl 150 pips

happy trading to all. Lets hope this May bring many pips to all. Amin.

don't forget to buy me a coffee yah if you re making ton of money from this signal!

trade update:
GY - hit SL -150pips
Gold - not triggered (it goes the other way)
GU - not triggered
EU - still in play | closed -150pips
EY - +54 (moved to BE+4pips) | closed +4pips

total = - 296pips

Tuesday, May 5, 2009

sorry guys,
i'm not able to post a signal today.
very busy + i cannot access internet on 5am this morning. Dont know what happen to Streamyx.

however, should i able to post a signal. it should be like this
Gold - Buy
GU - Buy
GY - Sell

dont take the trade guys. It's too late. Tomorrow we go again.

Monday, May 4, 2009

GY - Buy
GU - Buy
Gold - Sell
trade at your own risk. This is what i see only

GY - hit trailing SL +1pips (they turn sell signal on 4hr)
GU - hit SL -70pips (turn sell signal on 4hr)
Gold - hit trailing SL +200 pips

we continue tomorrow. Today bank in holiday.

Sunday, May 3, 2009

Here is the chart,
enjoy it guys/gals
Trade at your own risk.

p/s - hint
1. You can either use as follows
- follow the color blindly
- or follow the color and filter with candlestick pattern and armed together with chart formation i.e double top/bottom, higher high/lower low etc.

Keep it simple ok. Dont forget your own money management. Happy trading to all!

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