
Do order a copy of CashierTan's ebook when it comes out...
In the meantime, it may be useful and educational to take a look at this (click to see).
If CashierTan really writes a ebook guide like he said, I will highly encourage people to buy it and judge for themselves how good his system really is.
I will buy it, just like I casually bought many other books for my own enrichment...
but I doubt I it will be as good as he says...
(Note: One can have mastered a thousand and one systems, but in the end, one's character will master one).
It is not that the Parabolic Stop & Reverse does not work.
I said it is a superb tool for a trending phase.). Please refer to my post again.
But one will get 'banged' left and right if it is not in a trending phase, in which the whipsaws
will frustrate much.
Thus, use of it will only be effective after a successful identification of a confirmed continuing trend..
Aya... CashierTan,
With your invincible trading skill, you should become one of the trading coaches which is in high demand.
You can charge a goodly fee and many people will still be interested.
If not, you should quickly trade even better than now and become a millionaire soon, just like the friend you used to mention before. If you just talk big, that friend of yours (who is the millionaire trader) will smile at you. hehehe...

iPunter
Supreme |
Posted: 02-Jun-2008 21:11 Contact iPunter * Quote this Post! |
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The Parabolic Stop & Reverse tool is superb only for a confirmed trending phase. |
Kudos to ipunter and his alter-ego clone acct Manimako , he/she/it never amazed me with jokes. failed as a trader but succed as a joker and philosopher. You kana banged left right centre by parabolic SaR is becoz you dunnoe how to use it. Not becoz it dun work.. Period.. Really amazed me with your thick skin, posting and selling as if u damn pro when ur trading sux or at best a average trader!
Sori to say the ebook u recommend wont work. AS those othe rebooks u recommend. Dun waste money to buy guys.
Just post threads at other forex forum and ask others for review and will know the forex ebooks he/she/it recommend dun work.
he/she/it is just a ebook seller not a real trader.
GBPJPY works well with Parbolic, most real forex traders know accept ipunter coz he/she/it is not a forex trader.
Those who wants to know how to trade GBPJPY on a simple Parbolic Strategy can email me, Only 3 pax will rvcd my strategy. one is reserved for tabbykat if he/she wants. I can write a ebook to sell based on this simple strategy alone..
The Parabolic Stop & Reverse tool is superb only for a confirmed trending phase.
If not, be prepared to get 'banged' left and right until you give up...
see how simple technique of buy and sell based on simple Parbolic Sar signal works for GBPJPY with good results. day in day out.

yawnz ... plz speak things that we didnt know or havent mentioned.
Tabbykat, yupz gbpjpy is a knocker for those who can trade it and dare to trade it. can give u daily 50-500 pips profit easily on good days...
toking about volatility, gbpjpy wins handsdown and good for those who has techniques to trade volatile pairs.
I just keeping to the same few pairs that i can feel and understand. namely EurUSD, USDCHF, GBPUSD and GBPJPY. Others i tend not to trade as much as usually will always get signals on one of the 4 pairs anyday hence no need to trade so many pair.
suggestion to u is stick to the few pairs u know the best and most comfy with. so far from my networks. none of them track more than 10 major pairs. trading 3-7 pairs is areadi more than enough.
Basheer,
Keep on trading paper on USD JPY or any pair you feel the most. If u ok with it. Email me your trades logbook every month with feedbacks on each trades (good or bad trades) and we see if we can work on it to help u go live trading within 2 months?
All,
always remember to go to forexfactory to check for news time to see if signals is too close to the news related to the pair u wanna trade.
Yup, fx is an excellent & more 'viable' market for the purpose long-term trading as a life-long pursuit.
Also great for intra-day and as an intra-hour hobby... especially UD/JY pair... with it's volatilty...
Baseer. Cashier,
GBP/JPY 20500-20850 350pips gain since last posting. For paper trade only.
Now looking at CAD/JPY. Try to catch the entry point for a substantial long trade.
Cheers
Baseer... :)
Di IBFX, awak boleh cari sampai lembu pun semua balek pun tidak nampak-nya GBP/JPY...
Sangat susah cari...saya ingat instiution2 besar sahaja boleh cari senang...
(You can search till the cows come home but still may not see it... very difficult to find...
I think only the big instuitions can find it easily).
thank you cashiertan and tabbykat : )
------------------
i can't seem to locate gbp/jpy on interbank fx trader 4 ... help ...
also gbpyen has high pips spread of 5-9 pips for most brokers. my brokers offer me only 2-3pips (for gbpyen) based on my trade volume and account size. i am a institution account trader by the way. most of my pips spread is just around 1 pip (include comm) for most major pairs. some even offer me 0 pips sometimes.
that is what u get for institution traders with account size big enough to be considered one. not boasting or what. just wanna show you what u will get if you are "big" enough and encourage you all to be this "big" soon.

Elfin... :)
It feels real good to have you as a 'kin' in favouring the D/Y pair...
Like I said before, it's a great pair to get intimate with, thus allowing us to be great friends of the cross.
And wow!, as I expected, that was some meaty post from ya... hehehe...
tabbykat, i trade gbpyen with just 30 pips s/l. 100 pips is too much unless u aiming at least 200 pips profits per trade with gbpyen. daily movement of 200pips is chicken feet for gbpyen thou...
basheer, good luck. email me if you need help. but no qurantee i will reply as i am more busy recently hence u see i come to SJ less often
heya you guys, just reposting a post on the dow thread i did here. :)
and yups, i'm playing only the UJ pair. and only in the day.
-------------------
Last night (or day for the US folks) was the day after a long holiday, Memorial Day weekend.
Now, the data to be released: consumer confidence, housing starts, housing prices, were mostly bad. Oil and gold are spiking. The US dollar is dropping.
Hence, the standard guess for the DJIA open?
It's a down.
BUT....what does the US Fed do?
A big dealer has 210 million sell options for the US/JPY pair at 104 (ie, 1 US dollar buys you 104 yen), expiring at 10 am EST. A sell option means that if the price at 10 am was below 104, the person holding the option makes a profit.
So at 9 am, the schilling report came out. Bad news on housing, as expected. The news at 10 am is also bad; which the big boys have prior konwledge of. ie, the DJIA should do a major down, and oil, gas, gold should spike. BUT, the US/JPY pair starts a slow climb up.
Then in 15 min flat between 950 am and 1005 am, they ramp the US/JPY pair up to 104.3.
Whoever that big dealer was lost big. And who bought the options from him won big.
How big? 210 million options x 30 pips. ie, 59 billion USD. Made in 15 min flat.
That's what's supporting the US economy. The shadow dealings. Hence the rise of the DJIA last night against bad news, and why oil retreated to <130 per barrel.
it's pure psychology. brilliant.