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Dear Chinchye,
I am willing to share some of my trading systems and had shared it with some of those here who i trusted.
you can see there is areadi at least 2 persons (openly posted in these thread and forums), those hidden ones i will not mentioned, who got what i suggested them to get and earning from both stocks and forex. I am sure to filter the emails for those who wanna learned and select those i wanna share and help with.
I am sure those egoistic ppl will not want to bend themselves to ask me personally for my systems as i read ppl "minds" very well. thats why i ask them to email me personally. coz i am one big ego guys too. rofl
USDJPY is a pair i wont trade even thou there is massive movement. Better to trade the lesser risk eurusd/usdchf for those still new. keep out gbpjpy 1st. need advanced traders skill to trade it
Personally i just trade eurusd and usdchf is more than enough for me not to work and stay at home watch tv.
US/JPY has been cheonging and now cheonged passed a major resistance!...
Ho techsys,
Can I request a copy of the system that you have came out with? My email is yschan_84@yahoo.com.sg Thank you.
techsys ( Date: 07-Mar-2008 23:56) Posted:
When I write down this post, I have sent to you the email. 
Please trade with care. This week (5 days), I have earn 131 pips, base on this technique.
You have question, please email me back. I won't answer at here .. As I know, if you bro put the technique here, it will become a trouble and source of decrepancy between opinions.
I have no obligation to share this technique, as two of my friends had shared this brilliant observation.
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techsys ( Date: 16-Feb-2008 02:45) Posted:
Before I close my trade and go to sleep, here is the third article.
Thanks for all voters; I really appreciate your effort to help me boost my rank.
(Baseerahmed, you can click ?Good Post? bellow this article).
FX Fundamental is the main logic for FX market movement. Unlike stock market, we can?t rely on Technical Analysis, since FX market is too sensitive.
Here is the example how to interpret Fundamental news to market action.
From CNN today, they just announced the probability of weakening in US?s economy. This news clearly tells that US will be getting weaker against other currency. Without significant news on Japan and Europe side, we can consider the support will against US currency.
So, into FX pairs, in short period, we can tell:
USD/JPY will be moving up. USD/CHF will be moving up.
GBP/USD will be moving down. EUR/USD will be moving down.
Bellow is the chart that taken Feb 16th, 2008 at 01:37. Blue line indicates market trend.
Even there was movement around US?s market opening time (USD/JPY), the price got back its support level later.
So once we know market Fundamental, we can anticipate market movement. The problem here is not every body can translate fundamental news into market action. Some news can be tricky, means once it is heard well but when we trace deeper, I can turn into bad news. For example: market consumer index, export/import, employment rate, etc. We definitely need time to practice to understand this economic language. For you, who already understand ? congratulation!!
Once market fundamental is understood, we need to know daily price range of every pair we want to trade. Knowing daily price range, we can predict where the price is moving. Of course this price range can be broke by fundamental news, this price range is the boundary for us be an intraday trader.
For example, if USD/JPY is opened around 107.10 then we can assume than it can be moved around (107.10 - .95) pips and (107.10 + .95) pips which is 106.15 to 108.05.
Here is the list of daily price range:
USD/JPY - around 95 pips
USD/CHF - around 100 to 120 pips
GBP/USD - around 125 to 150 pips
EUR/USD - around 100 pips
If necessary, write down this price range next to your monitor. Keep you remember and safe your trading from unnecessary lost. This number is not magic number, but should be use wisely for intraday trader.
>> Next Market Characteristics II |
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Upbeat on Wall Street
Futures point to higher open after Google's profit surges; investors shrug off bigger-than-expected loss at Citi.
NEW YORK (CNNMoney.com) -- Stock futures rose early Friday after Internet giant Google defied the economic slowdown and posted a hefty quarterly profit, and traders were willing to look past the bad news in the Citigroup report.
About 90 minutes before the market open, Nasdaq and S&P
futures were higher and indicating a positive start for Wall Street despite mixed earnings results from the most recent company reports.
Google (
GOOG,
Fortune 500) reported a 30% jump in quarterly profit late Thursday. The company also reported a rise in its paid clicks, quieting fears of slowing growth. Paid clicks measure how often users click on text ads.
Google shares surged 18% in premarket trading Friday morning.
Citigroup (
C,
Fortune 500) showed there was still more pain in financial sector, as the nation's largest bank reported a loss of
$5.1 billion loss that was worse than expected as it announced another $12.1 billion in writedowns.
But some traders were expecting even worst losses at Citi and shares of the Dow component rose 7% in pre-market trading despite the problems in the report.
Caterpillar (
CAT,
Fortune 500), another stock in the Dow 30, posted a better-than-expected
gain in earnings, as a weak dollar helped the overseas sales and revenue of the heavy-equipment maker. Its shares gained more than 4% in pre-market trading
http://money.cnn.com/2008/04/18/markets/stockswatch_ny/index.htm?postversion=2008041808
what is going on ??? US $ suddenly surge.. and gold price plunge ?!?
How did US$ surge all of a sudden when the economy is still gloomy ?
Need education !
Hi techsys
I am your supporter, Pls continue to share and educate us.
Was very busy lately with work, so no chance to further improve on this.
Had read through some past post from techsys, great stuff!! Really a great loss to all of us, his sharings were based on good facts... :<
iPunter ( Date: 12-Apr-2008 12:03) Posted:
Samall... :)
Any updates on trading? |
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So sad
techsys is no more here...
Samall...
:)Any updates on trading?
Techsys, sure.. . as I believe with sharing we will shortcut all our learnings. Forex has trillions of trades each day, we won't jeopardising ourselves by sharing. In fact, it's all win win $$$ for us all.
the technique involves playing with significant news event by putting a buy and sell leg at the same time. Each buy leg has a stop loss (SL) and target profit (TP) placed at the same time. The SL has less pips than TP. The logic of this method is that the currency will swing significantly 1 way, so, you will lose on one leg but still win overall since the TP is of higher pips.
However, need to work out for each currency, what is the historical trading range with each event of the news. I have only tried 2 rounds but still need to improve on this. Let me know your feedback.
If you have the chance, please email with me your techniques..
gosam88@yahoo.com
Actually I am not the least interested in whatever 'trading secret' Cashiertan has...
I'd be happy for him if he can make millions (even few hunderd k's) with his secret skills...
Hi iPunter,
Everyone has their own views and opinion.. no one is right or wrong.. Cool down.. relax man...
Let this forum be a harmony place for learning.. It would do everyone good rather than "shooting" each other here..
Moreover, Its not an obligation for cashiertan to share his technique, i guess everyone has their own little secret with them.. and this i do not blame cashiertan for not sharing.. he has already share quite alot of his knowledge with us already...
Techsys, one word for u... *jaws drop* RESPECT!! Haha.. Cool man!!...
Hi Techsys,
I am impress with your technique, can you kindly send me a copy? My email:
chong709ks@yahoo.com.
Thank-you so much.
Hi all brother ... please cool down
Here i post trading record from this month until yesterday. I definetely not loss ..
I export my trading record to excell .. and capture for you to learn. I only use 1 lot. standard account. from 1000 I earn 3k more in 2 week. first technique only.
To chin ... don't give up
hi all,i sidetrack a bit,Wallstraits.com is giving free books by answering a few question.i have receive the book.This is the link http://www.wallstraits.com/ ----> look on the right for the quiz
Hi Tech,
Thks for the technique.. However, till now i still have no time to start trading FX.. been busy trading with shares as this period is a good time to earn some $ due to its volatility.. heehee.. and i am working at night.. cant close my trade at 2200hrs le.. haha.. later boss scold me!! Haha..
Will definitely update u whether i am able to hit 200pips or 20 pips.. Keke..
But if i ever hit 2 or 20 pips CONSISTENTLY, there is DEFINITELY NOTHING WRONG with ur technique, just that i am slow in learning and stupid.. keke.. still need more guidance from cashiertan, tabby and u..
Cashiertan, is it possible to share ur technique as well, just like Techsys? Err.. apologise first if it takes up alot of your time to explain to us.. i guess alot of pple here will appreciate it.. right guys??
If there are any meetups in FX trading, pls pls pls jio me k.. =) I would love to meet all of the gurus here..
Hi letonz,
if your system is easy and is able to provide consistently abt 200+ pips profit per week. it will be great for the traders here. the systems i am using is not that easy (for some ppl) and give me only abt 100 to up to 500 pips per week depending on the trend and market.
consistent 200+ pips per week is way better than 100-500 pips to me. way to go letonz and fren
There is good reason to be happy if you make $ in trading but need not to be discouraged if you lose some. In this forum, there should't have hotility among members, we respect each other and learn from each other as well. We are closed brothers and sisters. Tomorrow is a new day, cheers up folks. AK.
nevertheless, i appreciate the entertainment u try to provide for the forumers all your life so far.
