As I Get Better
I probably shouldn't be trading during this period. I know there is thin volume, that moves may not reflect wider market sentiment, and...
Extraction Strategies
Extraction strategies? What the heck is that?Underwater PsychologyIf you are like anyone else you've found yourself in a trade that is ...
Christmas Week Trading Results
Between the thin trading volume and the holidays there wasn't a lot of opportunity in the Forex markets this week.In any case, I did man...
Thin Trading Resistance Test
I'm not sure how significant technical events will be with thin holiday trading. However, the AUDJPY tested the long term resistance me...
Post Holiday AUDJPY Strategy
Though trading is probably going to be thin until we get into January I think it's a good time to consider trading strategy.In the short...
3:00am AUDJPY Upswing
Once again, upon waking in the very early hours, I was able to catch an upward movement in the AUDJPY.Though the price did come back again a...
INTERNET PROBLEM
Having trouble log in into blogger account lately. Forex is not going anyway at the moment. Up and down it is still at the same level. Curre...
A Pop And A Drop
In my last post, where I gave an audible AUDJPY signal, I suggested that we were coming up to a decision point for the AUDJPY.My take was th...
AUDJPY Signal
Okay, this isn't really a signal, but what the heck. It looks like the AUDJPY is positioned to head downwards on the 3hr, 1hr, 15min an...
Adjusting My Risk
Though I'm very happy to report great earnings progress it also makes me nervous. Not only are my these recent gains a hard act to foll...
Recent Trading Results
First, some recent results:Week ending 28-Nov: +23% NAVWeek ending 05-Dec: +08% NAVWeek ending 12-Dec: +10% NAVWeek ending 19-Dec: +45% NAVT...
Yen Cross Spike
Guess who was lucky enough to wake up at 4:00am this morning?At around 4:20 there was a massive spike in my AUD/JPY holdings. I'd accum...
Where To Go From Here
While I'm getting fairly comfortable with my ability to trade I'm not sure what to do with my blog.To make my blog really useful to ...
NOW I KNOW WHY PEOPLE USE APPLE MAC
I was doing some graphic editing these days. Just as a hobby. It seems that everytime I try to render in Photoshop, my pc will shutdown. It ...
THESE ARE HARD TIMES.
Catching A Bottom?
I don't know if it will really be the bottom, but I've managed to sink a decent amount of long AUDJPY around the 58.00 mark. There ...
Ranging Market
Trading Results: AUDJPY
For the week ending Fri 05-Dec-2008 I managed scrape out an 8% increase in net asset value.This week was more challenging, for me, than last...
RANGING PERIOD
Its ranging period again and its driving me nuts. My SL for EU got hit after 3 days. Got a few chance of closing it in profit but I refuse. ...
A UNIQUE CONDITION
At the time of writing EU is in a unique condition. 30M = 4H = D1. They are all pointing up but a bit heavy on the downside. This type of co...
CRAPPY CONNECTION. RANGING PERIOD
Sorry for the long period of no update on this blog. It seems that internet connection is really bad. At the office I am using Streamyx. Con...
AUD/JPY Trading Week
Well, the last couple days weren't as good as the first portion of the week, but they were still positive. I'm not complaining!Thur...
AUD/JPY Trading Review
Guess what. Some of the books that I bought have had an impact on my trading. I know, I hear the phrase "No shit, Sherlock" echo...
BREAKING THE TREND
At the moment, majoriti of pairs are struggling to break the trend. From my analysis, only EurJpy and AudJpy have broken the trend. The rest...
STOP LOSS HUNTING. THE MARKET IS CRUEL
Sometimes it happen but this is one rare ocassion and I am really stunned. I was holding a long position on GJ. I am in profit of about 100 ...
MY HOBBY
ITS FRIDAY EVERYONE. GET LOST
Its Friday and time to get lost. If any of you still holding long position from this morning, its time to close it and get lost. Go get your...
FOREX TEMPLATE FOR GRAB
I am thinking of uploading my system to the internet so that it will be available for everyone. It will only be the basic system. The rest y...
FRIDAY AGAIN BUT WITH A LITTLE TWIST
As I said before, Friday is not a good day to trade but what if you have a signal to reverse everthing on Friday morning. Will you take it? ...
Forex For The Small Speculator
Today was a banner day for me... trading the AUD/JPY with a return of more than 10% NAV. The market simply walked up and down my trend line...
Getting A Forex Education - Forex Books
How many of us in the Forex market simply jumped in the market and started trading? I know that was my path. I tossed a few dollars in an ...
FRIDAY IS NOT A GOOD DAY TO TRADE
Personally after almost 3 years of trading, I found that friday is not a good day to trade. This is true especially at night. So adviceable ...
ITS NOT MINE BUT ITS NICE
LONG TERM TRADE
Last nite jump was expected but GBPUSD never made it big. Only EURUSD and AUDUSD manage to jump big enough. EURUSD was screaming long from e...
POSSIBLE REVERSE BY GBPUSD
Looking at the charts this morning, I have a very strong feeling that GBPUSD will make a reverse soon. The move will be significant enough f...
TESTING OUT ZULUTRADE
A NEW TOY IN THE HOUSE
MARKET REVIEW MON, 10 NOV. WEEK 46
My position late friday ended up in break even. It seems the market has turned over the weekend. This is a rare situation but sometimes it h...
AUTOMATIC TRADING
This is one thing that I hate most. A lot of people asking for my trading system. I know what they are going to do with it. They will take t...
WHAT HAPPENED TO TRADERS I KNOW?
When I started to venture into the world of forex, there are a few local traders that I knew. They are either seasoned or newbie like me bac...
October Nonfarm Payroll (Consensus Estimate: -200,000 to -250,000 Jobs)
The September jobs report was rather gloomy as U.S. employers cut payrolls at the steepest rate in five-and-a-half years. An unexpectedly hi...
FREE FOREX SIGNAL 6/11/2008
Signal 1 Long AUDUSD @ 0.6720 or better SL 0.6680 TP on your own Signal 2 Long GBPJPY @ 154.80 or better SL 154.10 TP on your own
TRADE OF THE DAY - GBPUSD
This morning after looking at a bunch of chart, I have selected GBPUSD as trade of the day. GBP is weaker compare to other currencies. It wo...
THE RABBIT HOLE IS FAR INDEED
It seems that the rabbit hole is far indeed. It has moved too far that the trend has turned but now its time for a reverse trade. I am not g...
GOOD MORNING FOREX
A NEW DAY A NEW DIRECTION
Yesterday was a good day. Seriously 700++ pips from GJ alone. Total of over 1500 pips in the bag. Its a new day and a new direction has pres...
CHANGING DIRECTION
It seems that all pairs are changing direction. I personally dont know if this is a correction or the actual turn. Only time will tell but i...
Overnight Rally
I like to imagine I am in tune with the markets. My trading record may not agree with this minor flight of fancy, but nonetheless, it's...
Financial Aid Kicking In
As if things weren't confusing enough. Now we have various types of aid programs starting to impact the credit markets. No, the TARP p...
A PICTURES TELLS A THOUSAND WORDS
FREE YOUR MIND IN FOREX
At the moment all major pairs are dropping like flies sprayed with Ridsets. Take your position anytime you want. Its a sure winner. No point...
AUDJPY Revisiting Lows
We're down below 63.00 in the AUDJPY market (as I type -- it may bounce).This appears to be a test of the 5+ year low for this pair... g...
Betting Against The AUDJPY
Well, with commodity prices spiraling down the toilet, it's a good time to be short of the AUDJPY.Look, put an SMA 20 on your AUDJPY cha...
Trading The AUDJPY
Things are looking much more even-handed today than I've seen in a while.In fact, I was so impressed by the fact that the AUDJPY was fol...
SLOW MONDAY FOR FOREX
Last week was a good trade. It turns out AUD to be the most volatile and combine that with JPY we have a huge mover. At the moment I am stil...
Fundamental Market Conjecture
Be warned that for some reason I remain a perennial optimist.It strikes me that a lot of the current analysis is based on credit spreads and...
CHARTS GIVES US A CLEARER PICTURE
THE 3 PLANETS INLINE. EXPLAINED
BACK TO BASIC
LAST MINUTE TURN
Last night GU really did go up over 100 pip and then decided to go down. Luckily I have moved my stop loss and gain a little last night. I d...
GBPUSD. I BELIEVE I CAN FLY
Being the strongest of them all at the moment, GBPUSD is flying. This is the initial charge. Like many other breaks before, it will take a r...
ITS NOT THE HOLLY GRAIL OF FOREX BUT ITS WORKING FINE
I am writing this to get some opinion. Let say that you have develop a system. It may not be the holly grail but you manage for forecast tur...
ITS GOING UP BUT ITS NO SUPERMAN
As predicted last week, the pairs moved upwards but now its going to do some correction. A huge one if you ask me. So rileks, enjoy the ride...
Market Rationality?
With some major changes happening on a global basis it's just possible that the forex markets will return to rationality.For example, th...
VIX Ahoy 2
Did I mention the VIX was high yesterday?I meant that it seemed to be getting a bit heated.Today the VIX is high.Tomorrow? You tell me.
ECB Liquidity Changes
I noticed something in a news item that I read today that I thought I'd share.While the big news is focused on the coordinated drop in c...
VIX Ahoy
So, we didn't have any type of bounce off the AUDJPY recovery support trend line. If you were watching the DOW or the NIKKEI you knew w...
FREE FOREX SIGNAL 9 OCTOBER 2008
Previous signal of GBPUSD and USDCHF still holds. Eventhough GBPUSD decided to do one more move down, it has exhausted all its strength. Tra...
AUDJPY Technicals
I'm looking at my AUDJPY trend line.We've seen some good movement, recovering from the recent meltdown in short order... probably du...
Carry Trade Musings
Did you see the carry trades collapse today?Neither did I.In fact, things looked downright orderly. Nay, they looked rational. Is this a t...
USDCHF HAS TURNED.
As of writing, USDCHF has broken the trend. It should go down soon but now its ranging. Your entry should be somewhere around the last high....
GBPUSD HAS TURNED BUT WE STILL HAVE TIME
It seems that GBPUSD has turned, but we still have time. I manage to snatch 80pip and get out. At the moment I am no longer holding any post...
Aussie, Aussie, Aussie
Oi, Oi, Oi.Yeah, okay, it's a big honking rate cut.Scuttlebutt has it that there might be some coordinated activity in the works, which ...
Europe Gets Crushed
Well, it's been an interesting 24 hours on the Forex markets.I'd like to say I was on top of everything and made a boatload, but ins...
USD2000 IN 2 WEEKS
Seeing Beyond The Bailout
Now that the US bailout package has been passed the question on everyone's mind is what happens next?Nobody knows. Conversely, everyone...
Good Trade so far
Its been a good week. Last week I posted signal for UJ and GU. I was hoping UJ to make the move but instead GU has done it. Over 1000 pip mo...
Close Your Eyes
Okay, so it doesn't look like anything at all is happening as of yet. Personally, I'm scalping the EURUSD on the 1 min chart this e...
Open Your Eyes
With revived expectations of a bailout package to be voted on this Wednesday evening, it's not hard to spot some double bottoms and doub...
Daily Market Action
Every morning, upon waking, I open up my Forex trading platform and look for any major changes in the world of finance.This morning, for exa...
Panic In The Streets
Okay, I'm not going to offer any groundbreaking news, we all know what happened to the so-called TARP program.After the House refused to...
Shuffle Off To Buffalo
Is it just me or are the Yen based carry trades in stasis?I might be daydreaming, but it seems to me that the markets are just going to wait...
Market Uncertainty
While the government prevaricates on what best to implement in terms of a housing crisis fix, the details of the TARP proposal, financial ma...
FREE FOREX SIGNAL 23 SEPTEMBER 2008
Last signal of AudUsd failed. AU decided to turn the trend with a single move. Currently working on a short term system. Now I know its real...
Back To Trading?
During the last few weeks I've been content to play it safe and collect small carry trade positions. However, the markets are starting ...
FREE FOREX SIGNAL 19 SEPTEMBER 2008
AudUsd has made a double top level 3 (thats what I called it). signal should be as follows Short AudUsd @ 0.8074 or better SL = 50 pips TP =...
Market Panic To Market Euphoria?
I'm not certain that euphoria is any wiser than panic, but I do know that the Forex world has changed.The Fed, Congress and the Senate w...
Forex Market Deconstruction
Now that the trading week is over I thought I'd write about a few things that came to mind over the last couple of days.Current Situatio...
BASELINE TRADER: INTRODUCTION
Long Term Carry Trade Prognosis
With the temporary loan facility made available to AIG by the Fed it seems that the currency markets are getting back a bit more appetite fo...
Forex Panic Attack
Well, if it looked like there was some panic last week, it should be very interesting to see what happens during trading this week.I hope yo...
Baseline Trader
Its been a long time since posted. On 16 July 2008 that is my birthday, a friend of mine call me up and gave me a birthday present. He said ...
Forex Carry Trade Bottom?
I'm probably never going to try to call a bottom, but I will point out that there is a difference in behavior since the recent panic dro...
Carry Trade Panic Selling?
Did anyone notice the panic selling out there?All kinds of carry trades unwound several hundred points in a very short period of time. Spec...
EURAUD Head And Shoulders?
Are you a Forex carry trader?Don't look now but the EURAUD has completed two out of three components of a head and shoulders pattern on ...
Carry Trade Accumulation Strategy
As I haven't seen this forex tactic expressed anywhere else I thought I'd blog about it and share it with my small readership.Are yo...
Best Forex Trader Return
I see people in various forums asking what the best rate of return is for professional forex traders.What kind of question is that?Do you wa...
Forex: What Is A Pip?
If you are a beginning forex trader you might be wondering what exactly a pip is. Everyone throws around the lingo but hardly anyone ever s...
Carry Trading Thoughts
Today's post is basically a bit of mental exercise concerning accumulating carry trades. If you are looking for serious advice, this po...
Part Time Currency Trader
As I've written before it is quite easy to become a currency trader. The harder part is being a currency trader that doesn't lose m...
Forex Turmoil: Still On The Sidelines
During the last few weeks of topsy-turvy price movements I've been playing it safe. I like to buy carry trade pairs, but they've be...
USDCAD: TOO MUCH, TOO FAST
Last nite usdcad fall too much and too fast. Is is unexpected. As usual when a pair move too much and too fast, it will lose it balance. As ...
FREE FOREX SIGNAL 26/08/2008
Market is swinging here and there but I think its going to settle into a trend soon. Here it goes. Trade with cautions Short USDCAD @ 1.0550...
FREE CALLS USING VOIP IN MALAYSIA
Its monday and forex is moving slowly at the moment though the direction is clear. Trade to the direction and take profit at will. Enter aga...
FREE FOREX SIGNAL 15 AUGUST 2008
Trade at your own risk. Manage your position properly Long AudUsd @ 0.8700 or better
FREE FOREX SIGNAL 14 AUGUST 2008
Last week signal all lost. All hit SL and stop trading. Today a new signal emerge. Short UsdCad @ 1.0650 or better
FREE FOREX SIGNAL 5 AUGUST 2008
As usual, Forex doesnt move in a straight line. No matter how strong, how fast, correction is inevitable. Last week signal has resulted a st...
CELCOM 3G TWEAK
CELCOM 3G IS FAST AND FURIOUS
FREE FOREX SIGNAL 1 AUGUST 2008
TAKE YOUR PROFIT AND RUN AWAY
As of writing, UsdChf is at its peek. It may go up again but I dont think there is much to go. It is time for any of you to take profit and ...
Forex Market Turmoil
My recent excellent trading week was followed by a less than stellar week. Basically, I was caught by surprise when the US markets, and hen...
STILL TRADING BUT NOT SERIOUSLY
Currently staying at Belmont Marco Polo. Room is ok but have wifi. Guess what, I brought my laptop along. Early morning open the chart and c...
PERFORMANCE JULY 2008
FREE FOREX SIGNAL 23 JULY 2008
MARKET REVIEW 21 JULY 2008
Its Monday again with Forex entering super slow motion. Last week position of UJ has been closed with 280 pips profit. Position of GU, EU, A...
Friday Forex Recap
This has by far been my best trading week...I might have made more in the past but it was admittedly just hit and miss combined with patienc...
Thursday's Forex Results: NAV +3.9%
Believe it or not I'm not enthused about today's earnings.They just didn't seem to be coming naturally. I don't know how to...
Wednesday Forex Gains: NAV +8.2%
Like the title said, today was a great day!A short morning session yielded two or three percent. The rest of the day went very slowly, but ...
Day Trading and Scalping
Things are still going very well, but I have to admit I haven't been able to pick off huge gains this week. Not yet anyway.Here's t...
FREE FOREX SIGNAL 15 JULY 2008
MARKET REVIEW 14 JULY 2008
Its Monday again with Forex entering super slow motion. Last week we saw a decline in USD despite double good news on friday. It is what I c...
Trading Week Recap
It's been a great week. I've been able to apply a new strategy dealing with negatively correlated pairs and I've also been able...
INTERNET CONNECTION IN MALAYSIA
Currently my Streamyx connection at home is making me sick. Everytime there is a change in temperature the line disconnect. I have done a lo...
Overcoming Greed
No, I'm not here to tell you that I've overcome greed.However, I can tell you how damaging it is to let greed get involved in your d...
Forex Fun and Profit with Correlations
What is the first thing that comes to mind when you think of Forex trading? I'm willing to bet that it isn't fun.Well, recently I...
FREE FOREX SIGNAL 9 JULY 2008
Short Usd/Jpy @ 107.40 or better Short Gbp/Jpy @ 211.75 or better This may be a short term trading signal. Previous signal still holding and...
Weekend Forex Intermission
Though my wife is happy that there isn't any Forex trading during the weekends I certainly wish there was. I enjoy trading but generall...
FREE FOREX SIGNAL 2 JULY 2008
Trade at your own risk Short GU @ 1.9950 or better Short EU @ 1.5800 or better Update 3/07/08 Short AU @ 1.9600 or better Update 9/07/08 GU ...
Holiday In Kundasang
FREE FOREX SIGNAL 12 JUNE 2008
1. Short GBPCHF @ 2.0300 or better 2. Short USDJPY @ 107.00 or better
KEPADA RAKYAT MALAYSIA
Baru-baru ini, Malaysia telah digemparkan dengan pengumuman YAB Perdana Menteri berhubung kenaikan harga minyak sebanyak 78sen utk petrol da...
FREE FOREX SIGNAL 9 JUN 2008
Sorry for long time no post. Been busy. As for this week there are a few trade opportunity but the market is uncertain now due to mixed NFP ...
Keeping an Eye on the EURTRY
I liquidated some profitable short positions in the EURTRY around the 1.9150 price level. While this wasn't the absolute bottom it was ...
Thoughts on AUDNZD and NZDUSD
Both of these currency pairs have moved a long away against carry positions.It might be time to consider shorting some AUDNZD and going long...
Consider GBPCHF
It's starting to look like time to consider taking a small bite of GBPCHF. However, you may want to wait for a bit of strength before t...
Learning To Love Stochastics
Many of you trading in the Forex markets know that the difference between success and failure lies in the probabilities.What is the probabil...
Free Forex Signal 21 May 2008
Today is your entry day. Think nothing else but entry for AudUsd, NzdUsd and AudJpy. Its going to swing wild and may give you a few entry op...
Signal is getting close
Last signal of trade. All closed. Gbp is in an unhealthy condition. It swings too much causing it to hit SL before the full range is hit. Th...
NZDUSD, YOU MAKE MY HEART BEAT FASTER
This morning we have a couple of big news for NZDUSD and guess what. Its a bad situation. Currently I am holding long post at a loss. These ...
CREATIVITY
FREE FOREX SIGNAL 13 MAY 2008
GbpUsd Long GbpUsd @ 1.9450 or better SL This is the hard part. Figure it out yourself EurGbp Short EurGbp @ 0.7950 or better SL on your own...
Back To Trading
Its been a week. I can barely trade coz Celcom 3G Internet is slow as hell. Now I am back home so time for some serious trading. The last 2 ...
FREE FOREX SIGNAL 2 MAY 2008
Its Friday so it is a bit late to be giving signal but sometimes things take very long time to settle down and give clear direction Short GB...
MONDAY MORNING FOREX BLUES
EurUsd EU has turned up this morning but it is not adviseable to enter just yet. There are 2 places to enter EU, they are 1.5620 or 1.5520. ...
LOUSY STREAMYX. TMNUTS
FREE FOREX SIGNAL 21 APRIL 2008
Short AudUsd @ 0.9400 or better SL 30 pip TP 0.9335, 0.9280 or wait for close signal For the time being, that the best entry. Will update la...
FREE FOREX SIGNAL 18 APRIL 2008
Here goes: Short USDJPY @ 102.60 better SL 25 pip from entry TP 102.20, 101.50, 101.10 Short EURJPY @ 163.10 or better SL 50 pip TP 161.70, ...
MARKET IS UNDECIDED
At the moment market has no clear direction. For the past 6 days it has been running on ranging mode at the moment the price is in a squeeze...