Gold update 13/3/2013

Hi all,
this is GOLD current situation.
with Pin bar appeared last Friday and confirmation candle yesterday.
I think the BUYING is now starts.....
My stop loss will be below the pin bar.

Gold Analysis

This is Gold Analysis.
at the point of analysis, the weekly and daily price are below Cloud...so SELL bias.
Short on Rally. Need some patience.

Gold Outlook (17Jun-21Jun 2012)

Gold is making Higher Low and Same High.

I expect the High shall be breach soon.

shall see what happen.

Dont forget your stop loss ya!

OIL & GOLD OUTLOOK (NEXT WEEK)

Gold Weekly Chart

Oil Weekly Chart

Hi all,
this is my personal opinion on Oil and Gold price - where they are heading.
Looking at the weekly chart, both of Oil and Gold showed positive sign i.e Bull candle and made higher high than previous week.

On indicator, the price had broke trendline (for oil) but for Gold, the triangle pattern shall end soon.
Trigger indicator also showed positive sign (blue sign, above 0).

Hopefully, the price will goes higher next week.

Gold Outlook (23 April - 27 April 2012)

Hi all,

GOLD is currently sitting on the MAJOR trendline...

with the harami sign show itself- it shows us that the majority of traders is very cautious and waiting for break-out move.

My guess....GOLD price coming down (below purple trendline)...1600.xx this week maybe?

Gold Outlook Next Week (9-13 April 2012)

Gold price is now testing major trendline, which started from 2008 (very strong support). Breaking this line, we will be heading to next fan line i.e 50% fibo fan line. Lets see what will happen next week.

My side : I think the down-move is just begin (for price correnction). However, the 7-8 years economic cycle is far away from finish. It is now on the 4th year. So don't expect the price shall trending down drastically.

Gold Outlook Next Week (2-6 April 2012)

These are Gold chart (daily and weekly).
On daily chart, gold price had tried to penetrate support several time but failed. As a result, with some buying in the market, the price inch up and now trying to test 1700.xx again. We shall see what will happen this week.

Daily Chart Oil & Gold

Spot Gold Chart - February 2012

Spot Oil Chart - February 2012

Hi all,
I just looked back to February 2012....and lay out the possible trade in that month (using harami alone).
Gold - 1 possible trade.
Oil - 1 possible trade
what? only 2 possible trade per month? Yes dude....2 trades only. Big probability you'll be on the winning side.

Happy New Year

For all Muslim, Happy New Year (Hijrah calender)
For all, Happy New Year (2010)

May new year bring happiness to all.
The simple stop& reverse + martingle system shall run starting 2nd week of January 2010.
The target is 50-100% p.a and compounding.
This will be my next year project (starting with very minimal capital).

For another account,
Account #1 - The trade will be based on Gold.
Account #2 - The trade will be based on GU/GY/EY.

For those who are interested to trade Gold (Spot Gold),my advice is as follows,
1.As we all know the long term trend of Gold is uptrend, we can just stick to our prime trend and choose to find BUY signal only.

p/s - please contact me for those who had register account with Instaforex under my affiliate number HZP so i can recognize you.

My Notes for December - Forex & Spot Gold

Ok guys,
as 2009 comes to the end, we already face some up and down in our lives as well as our trading works. Wheter we like it or not, we should take some lesson from what we have gone through and learn from it.

Please apologize me if there are any of my post that harm you or make your heart not feeling well, angry with my post etc. I am human as you. I do make mistake here and there. I am not perfect.

For next year, I have several target to meet :
1. Continue what i have started this year - updating this blog. - giving free signal as well.
2. Start 6 year plan from capital as low as USD100 - with aim of withdrawal at once a year only
3. Start write a book - i hope i can have time to do this & contribute back the profit from the sales to community.
4. Continue staring the chart @ 6-7 am in the morning and take trade if the setup is nice.
5. Be more discipline father to my 2 kids.....
6. Become a better father and husband.
7. Become a more energetic and focus subsea/underwater engineer.
8. Bring my wife & kids to travel abroad (which i plan many time but need to postpone it many times due to other more important commitment)


In our journey to become self made millionaire, there will be much more obstacles we need to face and go through. Be brave, be smart and use brain.

Use Critics to improve not to destroy.
Thank you for coming to this blog. I'll update the blog from time to time.

I'll start write down my notes - Forex & Spot Gold

Salam and Good day everybody,

Good news for all of you.
I'll start write down all my notes relating to Forex & Spot Gold and print it out (hard copy). Hopefully i can finish this work by 1st quarter of 2010.

The aim for this book is for Malaysian Trader and those who interested all over the world. It is solely for long term trader and not for day trader (i will only write down what i do and what i master)

My plan is as below:
1. All the money from the sale of the book(after covering the cost of printing/shipping/other fee) will be re-invested into property/real estate investment where the gain(profit from property investment) shall be distributed back to the buyers.

Good news for martingle system fan:
The martingle system that i developed works very well....even during back test work and forward test. However i'll not reveal it for everybody (i dont want you to easily lose your hard earn money) - Let me try it for longer time.
It makes money week in week out - not too big but enough to get 100% return p.a i guess. Let see what happen to the account by end of next year(2010)

Forex Trading Signal & Updates - December

Sorry guys,
I didn't post the signal here

The Signal should be
BUY
GU, GY, EY

current position:
EY - +100 pips (already move to BE + 20 pips)
GY - +135 pips (move to BE + 30pips)
Gold - didnt trade.....i am afraid the price could make correction at no warning.


closing position:3-4/12/2009
EY : +200 pips
GY : +250 pips

happy trading to all.

This week Trading - Forex & Spot Gold

The Price of GY/GU/EY all went south last week.
Let see what will happen this week as they find support area last Friday.

If it breaks the support....out we go....South (Sell mode).
Gold seem find hard resistance at the top. It may be goes down this week

However, be more cautious since this is about end of year and many traders already start their holiday.

Happy trading to all.

Forex Signal no.19

I would like to maintain BUY signal ;
GBP/USD
GBP/JPY
Gold - still in trade
EURO/USD
EURO/JPY

happy trading to all.Trade at your own risk

--------------------------------------------
update:
Result
GU = +3 pips
GY = +3 pips
Gold = +1600 pips (lock at +800)

Total this month
GU = +120 + 3 = +123 pips
GY = +135 + 3 = +138 pips
Gold = +2300+1720 = + 4020 pips
Grand total = +4281 pips

Total signal Sept = 2

FX Warm up session

What I see this morning - after sahur
Quran!

ok ok...serius part -
Sell
GU, GY, EU,EY

Please look at your own chart and analyze further for better entry (if the signal is correct!)
Happy trading

Signal no.11

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

Signal no.7

GU & GY
Sell
SL - 150-200 pips
TP - 160-210pips

Gold
Buy
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

Chart study for next week.

Guys, this is continuation of my yesterday's post. This time in graphic. hope you'll analyze it yourself for your own good trading. Cheers

My analysis are as follows:
GY - down
GU- down
Gold - up
EU - up

Trade updates

I closed my buy on gold at +170pips
now went short at 886.00

almost cover the lost made earlier this month.
my wife...as usual.....not so hardworking at trading...hmmm payah betul nak ngajak wife trading.
yg pelik akaun ASB nak tambah gak bulan bulan...pandai dia. xpe lahhhhh..jaga anak penat kot


update:
9/4/09 - price now at 881.xx - move to BE +50pips
going to Kampung - holiday.

my contest account - soar back from position no 2250 to 653 position today. Will resume next week...top 10 trader all have use max 10 lot x max 5 position. I need to use that once i can to catch them at the top....kejarrrrr

Trade updates

I closed my buy on gold at +170pips
now went short at 886.00

almost cover the lost made earlier this month.
my wife...as usual.....not so hardworking at trading...hmmm payah betul nak ngajak wife trading.
yg pelik akaun ASB nak tambah gak bulan bulan...pandai dia. xpe lahhhhh..jaga anak penat kot