GBP/USD @ 10 August 2011

EUR/USD @ 10 August 2011

Divergence spot..


Salam Pips and happy fasting :)

21 Jun 2011

Salam..This is my trade and report for this week,,My trade held until the next day,but i still manage to grab my target profit..Hope we can learn together..


Trade Report

Pair : GBP / USD
Position : Buy / Long
Lot : 0.1
Risk : 2%
Price In : 1.6202 (21 Jun)
Price Out : 1.6250 (22 Jun) - Target Profit fulfilled
Result-In Pips : +48 Pips
Trade Details :

An Uptrend from 4Hour Chart,so im only looking oppurtunity to buy at 15Minute Chart. Momentum moving average crossing up,RSI above Level 50,Stoch heading up,MACD went from Negative to Positive. My entry at 1.6202,Stop Loss i adjust at current higher low,and Target Profit i put at Major ('00) and Minor ('50) Psychologically Significant Levels which is at 1.6250.
My trade held until the next day since the price only manage to hit at 1.6247 at the end of the day..

Thats all.

Salam Pips :)

EUR/USD 16/06/2011

Salam..Here is my trade report :-

Pair : EUR/USD
Position : Buy / Long
Lot : 0.1
Risk : 7% (aggresive)
Result-Number of pips : +125 PROFIT
Trade details : At 4hour chart,im draw a shape to line support and resistance area..At 1hour chart i spotted divergence on price and stochastics,then plan to put my entry when moving average momentum 5/8 cross after reversal patern..My target profit at the nearest posible resistance area.

Thats all..

Salam Pips :)

2 Jun 2011

Salam. . .

Hye guys,here is my trade report for 2 Jun 2011



Trade Report :-

Pair : GBP / USD

Position : Short / Sell

Entry : 1.6405

Stop Loss : At first,i put at 1.6430(previous high)..Then after my trade goes
well,i adjust to +5pips from my entry at 1.6400

Target Profit : 1.6350

Risk taken : 3% (30 pips to stop loss)

Trade Plan : Current TREND is DOWNTREND based on 4hour chart
So,at 15 minute chart,im only looking oppurtunity to SELL. .

1. Moving average momentum crossover
2. RSI below level 50
3. Stochastic heading down but still not at oversold area
4. MACD bar which is still in positve lessing value

This set up which is im rating as 90% chances attract me to put entry immediately

Result :-

My trade end with profit.my target profit fulfilled. . .Yeah,1st win!
Profit : 55 pips

SIMPLICITY

Salam to u all great trader...

How your trading progressing? I hope all of u getting better and become matured trader now..
How the market now? are U money maker now?i wish it!
Juz now im trying to looking for current best system in the market(local)..some was gone already,not many can survive..why?are they only make money by selling?is it they are really true successfull trader?...but i juz impress with the progressing my ex-system that i brought old before which is seems like the website already got new look and very promising..and the good thing is that few millionaire was born from there!!(by the website)..if that is true,that was really2 awesome!
Then u might be one of those new or someone who still on your way to searching for a profitable system will be exited and dreaming that you might be the next millionaire!!

That was good..But remember,success not easy,,especially in this chaos market..ask the senior trader..the how many you make certainly didnt impress for a true trader..but the how long u can survive is the most important to success in forex..it juz same to normal business..

So,if u find 1 very good system,,try it and keep with it..Everyone trading style is very different..U cannot copy successfull trader trading style even when u use his system exactly 100%..find ur own originality and thats what make u successfull!but,dont blame ur system when u lose,..accept lose,minimise and everytime u lose,dont lose the learn..

What make a good trader?
Good trading system+Good Money Management+Good psychology

Im juz like all of u as im always in learning and improving myself to be even better..

And at the end,successful always come out with 1 their greatest secret system(all of u and me always desperate to it)
is the SIMPLICITY..

Salam Pips :)

03 June 2010

Salam for you all great trader..

Today is my 1st trade since im active back and plan to focus for long term period. .

Here The Trade Report, , :-

Trade Pair : GBP /USD
Time Frame Chart : 15Minute
Order : Sell
Entry Point : There is crossover on momentum Moving Average. . Signal crossover come out. .
RSI below 50 level. . Stochastic pointing down. . MACD bar went negative from
positive. .
Result : Winning Trade
Pips Gain : 44
Remarks : Trade closed due to Trailing Stop which is i have been set since the profit more
than 50 pips. . At the beginning of trade ,i've been set the Stop Loss at the most high
swing. . But since everything goes well and i see a good momentum,i set
Trailing Stop to maximize the profit. .

Anyway,eventhough this is juz demo account, it is good start for me. .
I forget that for this broker, 0.1 lot = 0.1 usd
Thats why i juz make a little profit. . .Cheh :)

Thats all for today. .

Salam Pips :-)

Born to be a trader

Salam..
today is holiday,so i prefer juz so stay home and doing analysis and some research to enhance my skill of trading..

Ok,im sure got someone were born to be a trader..Maybe me or u or someone else..

We all want to be success trader,for a long period and be a financial freedom..But thats not easy as it was..All is need high determination and ability to do whatever it takes to become Professional Trader. . To become professional trader,we must work and trade professionally. .

Quality work produce quality result, , ,simple ehh?

A new trader might begin like this . .>>

1st Month : Learn about Forex Currencies,what move it,about broker,and all basic thing. .
2nd Month : Be a friend with chart,getting know the basic indicator,learn the system and how it
works..Then,start open demo account. .
3rd Month : Continue the demo for second month. . Remember to have day report for your
daily trade and monthly statement report. .
4th Month : Keep doing your demo. .This is the last month for your demo account. . Based on
the report,u could see your improvement in the result and this would determine
how much your ability to make % of profit in a month. .
5th Month : Start live Account with 100usd. .(why 100usd?-this amount consider not too high)
Eventhough you loss all your account,it is not too pain compare than 1000usd. .
When everything goes well,you can redeposit with higher amount. .

This juz a simple picture. . Juz take it as learning session. .

Have a great day

Salam Pips :-)

The Power Of Money Management

Salam guys..

Its been long time already since i didn't update my blog..quite busy,modem broke out,sim card cannot read,,ayoyo...a lot of excuse ehh...hehe:-p

Now I feel fresh to start trade again and a lot of news and changes i think..
By the way,im still use the same system that i have been using before and maybe just change a little bit..Why?because i already prove that the winning ratio is much better and quite profitable..

For all trader whose still look for a perfect system,let me share with u guys,..
There is no perfect sytem in this world..Even the very good system produce 60% profit and friend of mine is consider among very successfull trader produce around 50% profit a month..

Ok,lets go through..
This is vey simple Money Management that most trader overlook..

Start with 1000usd in your account. . .

Capital : 1000 usd
Percentage of risk per trade : 3%
Lot per trade : 0.1 (depend on broker. . 1pips = 1usd)
Amount risk per trade : 30 usd
SL : 30 pips TP : 40 pips
Percentage of Winning ratio : 60%
So,
Every profit u cash in : 40usd
Every loss u cash out : 30usd . . . Get it??

Let say u trade from tuesday to thursday(monday n friday no trade due to opening and close day of market-no stress eh:), . , .total 12 trades a month right?. .
With 60% percentage of winning ratio, u should make 7 profit and 5 loss a month . .

Profit : 40(usd per trade) x 7 = 280
Loss : 30(usd per trade) x 5 = 150
Net Profit = 130usd

130usd is 13% out of 1000usd..and u could consider profitable trader if u could mantain it every month..Its not too hard is it?But u should be discipline and always follow ur money management rules..And dont forget 13% should blow up ur account if u apply the power of compound interest..find urself..hehe..

Thats all for today,.

Salam Pips :-)

No More Forex Killer

Salam..
For your information,i've been stop giving the Forex Killer software.
Currently, i'm not using this software and still with my manual trading..
For those who request for the free e-book, i already sent to your email and im apologize for being late..

I will continue update this blog and we will discuss the system further..

Salam Pips :-)