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Forex Junction

Baseer... :)

You are progressing well in forex demo-trading ...

I am sure one day you too can the master a system of fxWizardry and also use the magic of compounding to achieve your fx goal...

 

 

Demo Trade on UJ

followed Master techsys strategy : " buy 2 lots -- close one on target -- ride the other with stop loss set at opening price " ..... got a bit anxious so manually closed the second trade.


Trade 1:

in  :   105.72

out : 104.49

+ 23pips (daily quota)


Trade 2:

in : 105.72

out : 105.40

+ 32pips ( bonus )


(net +SD1026)


-----------------------------



caveat emptor -- past performance is no indication of future performance -- paper trade by novice

 

yea concur. it's just scalping between the psych levels actually. requires a lot of watching tho. or mebbe that's just me. hehe.

singaporegal      ( Date: 29-Sep-2008 12:48) Posted: Being a trend follower in Forex, I have found the recent volatile movements (due to happenings in the US) over the past 2 weeks very bad for trend people.

 

Demo Trade on UJ

thought it was going to break support 105.67 within the channel and had logged in at 105.72 . sitting tight .



caveat emptor -- not an inducement -- for educational/enetrtainment purposes -- done by a novice

 

Trends are always friendly... hehehe...

singaporegal      ( Date: 29-Sep-2008 12:48) Posted: Being a trend follower in Forex, I have found the recent volatile movements (due to happenings in the US) over the past 2 weeks very bad for trend people.

 

Demo Trade on UJ

made it ! now my account is in the black !

+25pips (+SD266)

the second trade using Master techsys strategy :

in : 105.50

out : 106.03

+ 53pips





caveat emptor -- paper trade only -- for educational and entertainment purposes only .

 

Demo Trade on UJ

Talk about the market bending backwards for you ! hahaha !

The market broke the resistance 105.15 just a few hours ago . Was so confident that it was moving up , bought 2 lots to try out Master Techsys system : buy 2 . close one after it hits the target . move up the stop loss of the other to opening price and ride out the trend .

Just closed one position :

in : 105.50

out 105.76

+26 pips

the other position is still open .... let's see how it goes ... even if it hits the opening , I still have the +26 pips for today's quota .

caveat emptor -- not an inducement -- past performace is no indication of future gains --- I'm a novive doing demo trade.

 

Demo Trade on UJ 

I've quit for the day's quota .

But anyway , thought it might obey the channel for the rest of the night if it might break the resistance 105.15.

Just sharing the thoughts that came to mind .Can't apply mind to read in depth due to late hours.

Remember, I am a novice ! Caveat Emptor !




Caveat Emptor !

 

 

That cannot be more true.

trader88.sg      ( Date: 29-Sep-2008 22:56) Posted: The uncertainty of the outcome of the biggest bailout in history caused so much volatility in all markets. Too much volatility is not welcomed by trend traders. The days of trending market will arrive. Trend traders just have to be patient, after all no position is also a position.

 

The uncertainty of the outcome of the biggest bailout in history caused so much volatility in all markets. Too much volatility is not welcomed by trend traders. The days of trending market will arrive. Trend traders just have to be patient, after all no position is also a position.  

 

Demo Trade UJ

in :    105.86

out : 105.59

+27pips

(-SD823.63)




caveat emptor -- for entertainment and educational purposes only -- past performance does not indicate future performance

 

Being a trend follower in Forex, I have found the recent volatile movements (due to happenings in the US) over the past 2 weeks very bad for trend people.

 

 

Bravo, Cashier,

Dr Jeff & Sanjay will be very proud

Cheers.

 

 

sigh .... lost again ... very close ..went up to 105.48 and made a u-turn to trigger stop loss.

-20pips .

lesson : over-looked supports 1 and 2



caveat emptor .. for entertainment and educational purposes only

 

Demo Trade on UJ


broke the trendline 

got in at 105.65

taking the rough ride down to 105.45 for 20 pips


keeping fingers crossed !


wish me luck !

caveat emptor

 

 

CONGRATULATION Cashier,.. Great achievement !!

Can you pls share with me your thots... one of the comments I heard about Forex Trading..is a must to have a mentor,..  I have been reading books on Forex and have not signed up any trading programme with any Forex trainers : I am not sure if I should be doing it. What are your thots ? Or would the program you suggest below be sufficient to replace a physical mentor ? I really would want to trade FX for a living ..and am still learning.. but would reading books and trying to apply what it teaches, be sufficient ? Your thots.

Thanks

 

 

 

cashiertan :

WOW !

Congratulations !

Very happy to see that the person who was instrumental in my interest in forex succeed in his target !



 

 

Hi everyone, 

 How you all doing in forex? I am doing good with recently big moves also big moves on the Indexes. 

 Been trading EMini and Forex and doing very well. I can say I am officially retired at the age of 29 year old as of this week.

 Hit my money target of 1 million dollar USD faster than i planned thanks to recent big moves in forex and EMini?

 Would like to thank my various mentors who guided me in trading forex and emini.

Was away for a long time w/o postings as i focus on trading and ignored quarrelling with conman in this forum. I Spend time focus on trading and not divert the attention on forums. In fact it helps me to focus as i know with recent markets. i will waste making big money missing entry and exit if i post at forums.

 

All i can say is that now i know why Professional traders dun post at forums. One need to be focus when trading and not distracted with trival things. Hence I wont be posting much after this as i know i have to focus on my " trading business"  just as Ipunter is focus on selling his ebooks business here.

 I realised that why he keep posting to sell ebooks here as selling ebooks is his focus not trading.I dun trust his so called trading skill and records and i still think he is a crappy person. nevertheless i must say i must gif him credit for being so "hardworking" on recommending ebooks to sell and also "shameless" continue to sell crappy ebooks even thou shits has been hurled at him. at least he is focus on selling and i am sure many would have bought ebooks from him and make him $$$.

 Before I end this posting I would like to get ppl to get this ebook on trading Stocks, Forex and Emini. I personally find it cheap and good. most importantly practical for live trading. I wouldnt recommedn you guys to get any ebooks ipunter aka manimako recommended. Those who have this ebook and disagree it doesnt help in their trading feel free to post here. This ebook strategy helps me to filter my trade entry and exit.

 Trade Secrets Video System

 

 

or those who wanna forex education plz kindly go to www.babypips.com . i knew of this website only recently but after visiting it i give it a thumbs up. good enough to make u a full time trader if u can complete the course there.