Weekly Harami /Weekly Inside Bar

Hi all,

today, lets study the weekly chart.

We will focus on the Inside Bar/Harami only - for this study.

For those who use indicator, feel free to adapt this style if it can suit you.

Pair in study - almost all pair. It is hard to find harami/ inside bar in weekly chart. Hardly appear. But once it appeared, thats mean....money come in.

I'll show you some example only. You need to see in the chart yourself to belief. For moderate trader / Swing trader, successful 50 trades per year with sound safe money management will do the job for them. The hard part in this system is to wait. Temptation to trade is just to hard to resist!. ;p

Harami Opportunity last week.

Hi everybody,
lets see, how many opportunity comes to us last week.
It's up to us to catch it (or miss it - due to our commitments to other things)
Happy trading to all....

Next week Trading - 16-21 August 2010

Hi everybody,

ok here is the trading plan for next week....

Trading strategy - Price Action Playground - Please find the Harami pattern.

Money Management - Risk 3-5% of your trading balance only.

Wait for the pattern to come to you. Watch at most every 4 hr interval.

Happy Trading to all.

G/U - daily chart shows Harami Pattern (opportunity is coming)!

TAYOR....

Fx Trading - this week

Hi everybody,

lets look at the chart (daily) & (weekly) to determine our trade direction for this week

1. If Price above Moving Average - BUY bias only. vice versa if Price below Moving Average (Sell only)

2. Position of price referring to Weekly Pivot point - below(sell), upper side (buy)

3. Determine your entry - use candlestick formation with confirmation on item 1 & 2.

4. Be patient. Let the opportunity comes to you.

Happy trading to all.

Uncertaincy in market

Yesterday, i do post signal in my shoutbox and the signal is profitable.

Today, I think Yen pair trying to go higher (which mean BUY)

try it on your demo account yah...

However, at this moment....many people around the world (traders precisely) see the market on bearish mode. The bull's fan must take extra precaution.

The best way to gauge the market - use your own brain and take whatever it gives on average. err...you can play with moving average (50 - simple) if you don't know/in doubt where the market will go next.

TAYOR.

Scalping Strategy

Hi eveyone,
Some updates on trading strategy.
Today we will talk about scalping! :>
Although I'm not a scalper, but this trading idea has caught my attention and to look further into it.

It is called Forex King Scalper - You can find the discussion here (sorry, it is in Bahasa Malaysia) - for those who didnt understand it, you can always translate it via Google.

Happy trading to all.