Malaysian Ringgit Exchange Rate
this time,after hit my SL on 1st attempt, i tried to enter another entry on GU.\
reason for entry buy: enter max plate from below
hit my BE +10p...
Monday, February 28, 2011
KGMAS system: 28/2/11
This was my 1st attempt using KGMAS system created by master HAFIZ.
reason for entry: price enter max plate.
unfortunately, this entry was fail and hit my SL. maybe because of my entry at the london open merk...
Wednesday, February 23, 2011
Forex:KGBS system: entry 2/23/11
This is my entry for today EU..
Reason for my entry: after price rejected at sd+2...it started to enter from above into flat 4H BSB band. Currently locked BE with +1pip.
updated: hit my BE +1...
Forex:KGBS system: entry 2/23/11
This my consecutive entry after buy. i sell EU once price enter flat 4h BSB band from above. already lock +1pip and running with trailing stop.
my previous buy on eu still running on trailing. we will see later...
updated:
closed +48pips buy EU earlier.
still running on sell eu...
Update:
Entry sell hit my BE +1pip...
Tuesday, February 22, 2011
Forex:KGBS system: entry 2/22/11
This was my entry for today..buy EU.
reason for buy: KGBS BS band daily in flat condition like ss below.
this my trial on KGBS BS Band study. not proven yet.
i should enter buy earlier than i did..which was at the lower bsb 4H when price rejected lower bsb weekly. At the same time weekly BS band also in flat condition
im still do some sort of research regarding this miracle KGBS BS Band. i want to use only KGBS BS Band for entry.if it successful, then..its o...
Tuesday, February 15, 2011
Reason why emotional Forex trading will kill our profits
You hear the beating of a seminar forex you can earn thousands working from home to trade currencies. You decide to invest in books, tapes, and make a small investment to start your Forex account. After considering all seminar materials and see the new you feel confident your marketing strategy that will save you a fortune.
The U.S. dollar decline against the yen and the fall of his trip all the way to the bank. Your account online Forex is a confusing variety of colors, numbers, arrows, and maps that represent the pace of speculation in the world. If you can not access the rhythm and flow in the current law, you can take advantage of transactions, and if you travel against the current suffering a loss.
Your eyes are glued to the computer terminal tuned to your online account, and the dollar...
Monday, February 14, 2011
Trend indicators in Forex trading
This article is for those who aspire to learn the foreign exchange market or the traders who are beginners.
identification of trends is one of the first steps the operator must take before entering a trade. This can occur in several them some who have varying degrees of usefulness depending on the time scale is used. Note not all methods for determining the trend used by all operators in the past, you must find the method for determining the trend that suits you best.
Moving Average
Moving average of the different versions of them will use grew exponentially moving average, simple moving average. All you need to know is that these indicators to create an average price of a given term. Determination of the trend in a number of moving averages is to stop is effective. The method I use is...
Sunday, February 13, 2011
Forex Trading: The Most Common Obsolete
1.Flaws due to several indicators, and because of the principle of confluence:
Many companies are very attracted to the sophistication offered by other indicators and use them in their forex trading systems. Most system indicators show that confluence and evolution in any way add any value to the industry. For this reason, operators ends either overbought or oversold technical indicators such as stochastic momentum indicators,, candlestick chart pattern recognition, Bollinger band broke even neural networks that are supposed to be artificial intelligence systems. Technical indicators show that the signals that are similar to buy or sell, or hold, making the signal generated is correct. Theoretically it sounds good, but in reality to reach a conclusion may be difficult. Consequently, operators...
Saturday, February 12, 2011
What To Know Before You Trade
The popularity of trading futures and options has been growly rapidly for several years. The availability of online data is constantly updated fever was increased by day traders to try to succeed and make money on this risky investment area. Individuals can now trade these markets with the same ease and speed of large companies.
trade currency futures (foreign currency) and raw materials and options are not for everyone. This is a complex and risky experiences more volatile changes in value. Before you invest your money in Forex, commodity contracts or options contracts, you should:
• Consider the experience of financial trading, objectives and financial resources and know how much you can afford to lose above and beyond your initial fee.
1. Understand commodity futures and option contracts...
5 Forex Trading Tips You MUST Know
Forex Trading jump with both feet? Here are five tips need to know forex trading and mini forex to help you stay afloat in the right of foreign currency exchange market.
Know your forex trading market.
Educate yourself about the currencies that trade. The more you know the country whose currency has been trading on the currency market, the more you can predict how the money is in motion.
Choose a forex trading system - and stick to it.
Savvy forex traders will tell you that's all. Forex trading allows you to automate tasks based on history, following the traditional peaks and valleys. Establish a system and live with it to get the most out of your forex trading.
Practice makes perfect - but it is not the real world.
the accounts of the trade practice are great for learning a particular...
Forex Forecasts - You Never Know What You Will Benefit From
Potential risks and make a profit can not always predict where the players are waiting to establish a forex trading and more accurate decisions. Forex forecasts are only one way to keep pace with the volatile forex market. The success depends largely on knowing what and who is affected by the changes.
foreign exchange market has been through many ups and downs that even fortune tellers would have difficulty guessing what will be the next step. To forecast forex can be useful, but may also be too risky. In addition, it is not too easy.
Forex forecasts, nothing specific is given. Retailers do not have high hope and expect more. If you have seen or heard of forex forecast, be sure to check out some of the fluctuations expected at all times so they would have an 'idea, it is likely to provide...
Forex the future investment
There are many many advantages over a number of other ways to invest. First, it is a market of 24 hours, except on weekends, of course. You are in the U.S., Europe and Asia. One of the great moments of the trade is over lapping the course. U.S. and European overlap 05:00 and 09:00 and Eastern Europe and Asia, between 23 and 01:00 Eastern. Usually most active period, and the best compromise.
There is also a risk factor for the accounts. With futures and options, you can get margin calls, which could erase you. If you are caught in a vicious trade not only lose money in the account, but you may have to come up with much more in your pocket. It can be very risking.But not in Forex. senerio the worst case can you lose what is in your account. But you'd have to do something really stupid. Want...
Forex has the Advantage
Greetings Fellow Forex Traders, When it comes to trading in any market, Forex currency trading is a huge advantage over other players in sales activities. Firstly, the Forex market has the advantage of free time. You can see the 4x market may trade all day Monday to Friday. The stock market is simply not possible, because the market closes at 04:00. This time the face of freedom thanks to those who have not yet earned enough money to keep the market trading day trading works at 4x the same night. It 'also quite plausible trade in the morning before the person goes to work. Forex Trading is a great second job.
Unlike the stock market, the currency swap market does not require an operator to pay a fee to place an order. This will be a sign of relief to those who have become accustomed to the...
Friday, February 11, 2011
Forex:KGBS system: entry 2/11/11
This my trial entry sell for GJ, my most interested pair.
Reason for entry: price below LSMA 4H,8h and daily + LSMA 4h and 8h pointing downward.
i wiil update soon whether hit my TP or SL.
update: after long run for GJ today, eventually price hit my TP. win +78pips.
should be more than enough for today and this week.
In conclusion for this week, win 4-1 loss a.k.a PROFITTTT!!...
Thursday, February 10, 2011
Forex:KGBS system: entry 2/10/11
Here my entry EU for today. Already move to BE +5pips.
Reason for entry: LSMA 4h,8h and daily pointing down + price below them. lets rock the market!!!
i will update result soon..
update: Hit TP +82pi...
Wednesday, February 9, 2011
Forex:KGBS system: entry 2/9/11
This my entry today for EU. already move to BE 5pips. see how far market will dance.
Reason for entry buy: LSMA 4h,8h and daily pointing up + price above them and above daily upper bsb.
i will update soon the result.
update: hit my BE +5pip...
Tuesday, February 8, 2011
Forex:KGBS system: entry 2/8/11
This my entry for today EU buy. we will see how far price will go..
reason for buy: LSMA4h,8h,daily pointing up + price above them
i will update result soon...
price hit my SL..unsuccessful entry..wait another ent...
Monday, February 7, 2011
Forex:KGBS system: entry 2/7/11
This was my entry today for EU, and already moved my SL to BE 10pips. the main reason for today's entry was LSMA 4H,8H,daily n weekly were on the same direction( pointing down and price at that time was below LSMA 4H,8H and daily).I will monitor today's market price direction..i will update soon whether it hit my BE or not..
update: hit my BE with +35pips after retracement..
thats more than enough for today..hehe
...
Sunday, February 6, 2011
Forex:KGBS system
This forex system are well known in this current forex trading era generated by master Kan Gun. this are among the best ever system that i've ever had. lets talk about this system function, im using 30M tf as recommended by the owner. the picture above showed eur/usd pair on last friday night during big new (NFP) impact on the market. see how much pips i can grab at that time?you count for me..hehe...
to be continued...
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