Jom Forex with Online Bisnes

Forex Intro :Pengenalan kepada Forex

2006-07-29T11:20:00.000+08:00

Forex(Dagangan matawang asing ).
Forex ,nama singkatan popular Foreign Exchange adalah satu lagi bentuk sumber wang yang popular dikalangan pelabur mahupun usahawan internet.Ia membolehkan kita memperdagangkan matawang asing dengan mudah .Jika sebelum ini hanya bank-bank besar dan orang yang kaya didunia sahaja buleh membuat forex trading,tetapi kini sesiape saja yang mempunyai internet dan PC dirumah mampu untuk menceburkan diri dalam Forex (secara internet trading).Akibat dari pada saingan broker forex di internet,kini dengan bermodalkan usd1 sahaja pun anda sudah buleh memulakan dagangan forex.Malah sudah ade platform broker internet forex yang menawarkan modal pendahuluan apabila anda menyertai program mereka.

Market bagi Forex Trading pada masa kini mencecah nilai 1.4Trillion USD sehari.Ianya 46 kali lebih besar daripada gabungan semua market pada masa depan.Ini membuktikan Forex trading adalah pasaran dagangan yang paling besar asetnya di dunia pada masa kini.
Kini sudah ada program-program yang menawarkan sistem kawalan dagangan Forex yang baik dan terancang.Gabungan program yang baik,'skill' dan pegalaman seseorang pedagang Forex dalam menganalisa market secara fundamental ataupun secara teknikal, dengan mudah mereka dapat mengaut keuntungan yang banyak disamping dapat meminima kan risiko kerugian.

Anda buleh lihat contoh website forex di :
TOP 100 FOREX SITES

Forex intro in English : -

What is forex?

Forex (Foreign Exchange) is the name given to the "direct access" trading of foreign currencies. With an average daily volume of $1.4 trillion, forex is 46 times larger than all the futures markets combined and, for that reason, is the world's most liquid market. In the past, forex trading was limited largely to enormous money center banks and other institutional traders. But in just the past few years, technological innovations and the development of online trading platforms, such as that used by dt FX, allow small traders to take advantage of the significant benefits of trading foreign currencies with forex.

Foreign Currency Exchange (Forex) Trading allows an investor to participate in profitable fluctuations of world currencies. Forex trading works by selecting pairs of currencies and then measuring profit or loss by the fluctuations of one one currency's market activity compared to the other. For example, fluctuations in the value of the $ U.S. Dollar are measured against another world currency such as the £ British Pound, € Eurodollar, ¥ Japanese Yen etc. Being able to discern price trends in market activity is the essence of all profitable trading and this is what makes foreign currencies so exciting, currencies are the world's 'best trending' market. This gives Forex investors a profit making edge that is unavailable in most other markets.

Forex Trading is being called 'today's exciting new investment opportunity for the savvy investor'. The reason is that the Forex Trading Market only began to emerge in 1978, when worldwide currencies were allowed to 'float' according to supply and demand, 7 years after the Gold Standard was abandoned. Up until 1995 Forex Trading was only available to banks and large multinational corporations but today, thanks to the proliferation of the computer and a new era of internet-based communication technologies, this highly profitable market is open to everyone. The Forex Trading Market's growth has been unprecedented, explosive, and continues to be unequaled by any other trading market

Simply stated, Forex is the most profitable because it is the world's largest marketplace. The Foreign Currency market as a whole accounts for over 1.2 trillion dollars of trading per day (as determined by the fourth Central Bank Survey of Foreign Exchange and Derivatives Market Activity, 1998. This figure is understood to be significantly higher today). To put this into perspective, on any given day the Foreign Currency Exchange Market activity is vastly greater than the Stock Market. It is 75 times greater than the New York Stock Exchange where the average total daily value (using 1998 figures) of both foreign and domestic stocks is $16 billion, and much greater than the daily activity on the London Stock Exchange, with $11 billion

Marketiva Forex Broker

2006-07-29T11:15:00.001+08:00

Marketiva adalah Broker dagangan matawang asing(forex) yang popular ketika ini.
Apabila anda mendaftar dengan marketiva,anda buleh muat turun 'Marketiva Streamer' iaitu satu platfom forex yang mudah & senang dikendalikan,sesuai bagi mereka yang baru menjinakkan diri dalam dunia forex.
Malah anda akan diberi $5usd percuma apabila mendaftar dengan mrketiva,Juga $10000usd virtual money(duit maya) untuk anda berlatih melakukan 'trading'.
Anda juga buleh memulakan jual/beli sebenar dari serendah $1usd,tidak seperti broker lain yang sekurang-kurangnya anda kene ade $100 usd atau lebih.

Marketiva Intro in English :-

Start Trading Forex With as Little as $1 at Marketiva
If you ever thought about Forex Trading then a great place to learn is right here at Marketiva plus they pay you $5.00 real money just to open your account and another $10.000 virtual money to practice with.The spot foreign exchange trading is the largest market in the world.It involes the buying and selling of one country's currency in terms of another. Investing in this highly lucrative market gives investors the opportunity to earn profits in just a matter of minutes.

Marketiva is a Swiss company based in Lausanne and have recently launched their Forex Trading Platform fully intergrated with e-currencys {Ebullion E-gold}It is a state of the art platform with many advanced features but really user friendly for beginners with 24 hour live support via their onboard chat room Spend some time on the website and you just might surprise yourself by how much you learn and in six months or a year from now you could be trading for a living.

Did you know that Chrysler Corporation made more money last year from Forex Trading than car production. Please take note if you join at the weekend the Markets close at 5pm EST 10pm GMT on Fridays and live trading live chat and live support are closed until 5pm EST or 10pm GMT Sunday.You can still contact support through their email system on the website if you have any questions. Joining Marketiva is a 2 step process first fill out the application form to join and then you need to download Streamster from the Marketiva website to gain acess to their trading platform and live chat.

Klik Sini Untuk Mendaftar dengan Marketiva :-
http://www.marketiva.com/?gid=3526

Klik Tab 'Open Account' dan isikan borang pendaftaran dengan maklumat lengkap anda :-

Buleh guna kupon-kupon ni semasa mendaftar marketiva :
"35B0MQ9K1W, 4HX24KD27R, Q82SIZLWWH, QUGCCJ4HTG, LO5XW0BWLR, 8KHJEJ1Z7S,
Z9LIZD4QRY, EFZQPI2K5I, 9R06UB33RG, LOSB9R0OT6, EI6AZ3MERQ, 9UGJ2BTELE,
PHGL1JMIPC, WHD5PO9O57, QWKE471LCB, DS5BUL3VU2, YFD6GSKHEF, KI694PSWPI,
J7LUEN2T91, JN4OIWFJ65"
(Jika semua kupon sudah tidak boleh diapakai, boleh biarkan ruang kupon itu kosong dan terus isi ruang seterusnya)

Setelah mendaftar,anda buleh buka email anda sebagai pengesahan yang marketiva telah menerima pendaftaran anda.

Adalah sebaik-baiknya anda terus membuat proses verifikasi bagi mengelakkan akaun anda dibekukan.

Cara nya ialah dengan klik disini :-
https://www.marketiva.com/index.ncre?page=identification
dan upload dua dokumen pengesahan diri anda :
1= salinan kad pengenalan ,
2=bill utiliti yg tertera nama dan alamat anda semasa anda mendaftar marketiva.

Seterusnya kita muat turun 'marketiva streamer',iaitu satu program yang dapat menunjukkan carta matawang forex & maklumat akaun anda secara live.
anda buleh muaturun nya disini :
http://www.marketiva.com/_getclient.ncre?name=streamster&version=latest

atau klik pada 'get streamer' > 'Download' :

'Install' dan 'login' 'marketiva streamer' menggunakan nama samaran & password yang anda guna semasa mendaftar.

Sedikit pengenalan antara muka marketiva streamer :-

Sebagai permulaan anda diberi $5 usd percuma kedalam akaun sebenar anda(live account) & sebanyak $10,000usd diberi sebagai akaun maya(virtual account).

Anda buleh menambah nilai akaun sebenar anda dengan membuat deposit melalui 'wire transfer' ,e-gold ataupun e-bullion.

Kini anda buleh terus membuat 'order' belian(buy) atau jualan(sell) menggunakan nilai yang ada didalam akaun anda.Adalah dinasihatkan kepada pengguna baru agar membiasenya diri berdagang di marketiva menggunakan akaun maya.Sehingga anda sudah yakin barulah beralih ke akaun sebenar.

Untuk membuar 'order' belian atau jualan,anda hanya perlu klik pada pasangan matawang yang ingin anda 'main' ,satu tetingkap baru akan keluar dimana anda buleh meletakkan jenis order,kadar sasaran,had kerugian ataupun kuantiti dagangan anda :

Ini adalah perkara asas dalam Marketiva platform.anda juga buleh mendapatkan live support pada 'discussion board' di marketiva streamer.Ada juga channel Malaysia dimana anda buleh berborak & bincang berkenaan forex.

*Sesiapa yang join marketiva bawah saya sila email username marketiva anda,saya cek kemudian saya akan beri beberapa tips dan bahan yang ,mungkin tidak terdapat dalam laman saya ni.Sekian

Egold :Apa Itu Egold?

2006-07-29T11:12:00.000+08:00

Apa itu 'E-gold'.
E-Gold ialah matawang elektronik (e-currency) yang dikeluarkan oleh e-Gold Ltd. yang nilainya disandarkan kepada harga emas semasa dalam US$ atau mata wang yang lain. Unit e-Gold ini boleh digunakan untuk membeli atau membuat pembayaran kepada barangan atau produk dari syarikat yang bersedia menerima e-gold sebagai pembayaran.

Setelah buka akaun e-Gold, unit e-Gold boleh ditambah/dibeli atau dijual semula melalui agent/syarikat jaul-beli e-Gold, lihat senarai dalam laman web e-Gold pada menu e-Gold Directory. Terdapat banyak agen yang menjalankan bisnes ini dengan memberikan kemudahan dan mengenakan komisen.

E-gold Introduction in English : -

E-gold was established in 1996. It is an electronic currency which is backed ounce for ounce by actual gold bullion. It is not connected to the banking system in any way. E-gold.com themselves cannot convert cash into gold or visa versa. Instead there and dozens of independent exchange services who will change your cash into gold or your gold into cash. We refer to these services as gold brokers.

Advantages:
Anyone can open a free e-gold account with no restrictions (Geographic, age, status etc.).
You can have more than one e-gold account.
It takes 5 minutes to open your account and another 5 minutes to set up a single item shopping cart.
You can fund your account with a credit card, debit card, bank wire, bank draft, cash, electronic banking, Western Union, etc. etc. - the options are growing all the time.
Transferring money from account to account is easy, secure and almost instant.
To all intents and purposes an e-gold account is an instant offshore account.
There is no such thing as a chargeback - once money has been transferred to your account that's it.
Spending e-gold is free. Vendor transaction fees are very very low compared to credit card fees. It is only 1% subject to a maximum of 50 cents (USD) per transaction. There is an annual Agio fee of 1% on your average monthly balance. This is deducted in monthly installments.
Overall it is a great way to anonymously pass money from one individual to another individual / organisation.
Redeeming your e-gold is easy. You just get a cheque (check) posted to whatever name you want at whatever address you want. Have it transferred straight in to your UK account at no cost. You can also cash in your e-gold with various anonymous ATM cards.

Disadvantages:
The only drawback with e-gold is that funding your e-gold account not instant. The first time you fund your account with a credit card there will be a delay while your card is verified. This could be anything from a few hours to a day and might only involve a phone call to you. The next time will be much quicker as your credit card would be verified.
Only some gold brokers will accept personal cheques (checks) and credit cards.
The fee charged for using a credit card can seem to be quite high. Goldex charge 10% which is the best rate we have found. The discount offered by some vendors for using e-gold usually cover the charge.
Funding your account anonymously can take anything from a day to 2 weeks depending on the method you use. Just go to any bank and hand over your cash. You can then have it wired to your gold broker or post a bank draft to them. This is also the cheapest way to fund your account

Open an E-gold account :
Anda buleh Buka akaun e-gold disini :-
https://www.e-gold.com/newacct/newaccount.asp?cid=2925602

Apabila anda sudah memasuki lamanweb e-gold,anda buleh ikut langkah dibawah untuk bantuan pendaftran :-

1. Pertama klik > Create an account > I Agree
2. Isi seluruh informasi yang diperlukan oleh pihak E-Gold.com
Passphrase atau password gabungan huruf dan angka , cara membuat pharaprase yg benar seperti ini : 1234bikinegold, surabaya1234 , atau anda pilih password dengan mencampur angka dan huruf.
Pilih nama e-gold account anda dengan benar, misalnya : Siti Egold, Idol Egold, My Egold dsb terserah anda.
3. Check semua data > lalu klik submit / enter.
4. Nomor ID E-Gold anda akan dikirim ke e-mail anda otomatis.
5. Buka email anda 2 menit kemudian, baca email dari pihak E-Gold Company dan catat nomor ID E-Gold anda tersebut, selalu ingat No Account e-gold dan rahasiakan password anda.

Menu apa yang tersedia di e-gold ?

Menu yang disediakan :
Balance = untuk melihat baki wang dana anda.
Spend = untuk hantar/bayar egold ke akaun e-Gold lain.
History = untuk melihat perincian transaksi lepas
Account Info = untuk mengubah profile dan passphrase/password.
Pastikan selalu logout untuk keselamatan account anda.

Bagai mana hendak mengisi akaun egold anda?
Ada banyak cara sebenarnya,tetapi antaranya anda buleh membeli dari mereka yang sudah membeli egold.Kebanyakan rakan Malaysia menjalankan jual/beli egold melalui YM(yahoo massenger) .Bagaimana mereka mengetahu sapa yg ingin beli/jual?
Ade beberapa website/forum tempatan yang menyediakan tempat jual/beli egold.
Antaranya ialah www.nogold.com ,jomklik.com,carigold.com,zelzemgold.com,rmgold.com dan lain lagi.Tetapi Awas!kerana jika anda tidak mengenali penjual/pembeli memang ade risiko penipuan.Tidak dinafikan ade kes-kes penipuan dlm dagangan egold.Maka adalah lebih baik anda menjual/beli dari rakan yang anda kenali.
Ada juga website yang menawarkan pembelian egold melalui kad kredit.tapi saya cadangkan https://asianpay.com/index.php?ref=8889 Tetapi biasenya jika menggunakan kad kredit cas yg dikenekan adalah tinggi sedikit.

Bagai mana hendak menukar kembali egold kepada Ringgit Malaysia?
Lakukan perkara yang sama semasa anda membeli.Iklankan di website jual beli dan tinggalkan nombor kontek anda supaya pembeli dapat menghubungi anda.Adalah lebih baik sekiranya jual beli dilakukan secara 'cash on delivery',bermakna dua-dua pembeli dan penjual melakukan jual beli secara cash (by hand).
Satu lagi cara ialah melalui debit card.Anda buleh memperolehi debitcard egold dari asianpay juga.Melalui debitcard ini anda buleh mengeluarkan terus egold anda dari mana-mana ATM mesin yang mempunyai logo cirrus /+(plus).

Gmos'Fx Guide

2006-07-29T10:34:00.000+08:00

Kenapa anda memilih Forex?
1.Pasaran dua hala.Anda buleh mendapat untung ketika harege pasaran sedang naik mahupun turun.
2.Pasaran 24jam sehari.Jadual Forex bermula pada hari Isnin jam 00:00GMT dan tutup lewat hari Jumaat.Sabtu dan ahad tiada dagangan Forex.
3.Pasaran yang sentiasa aktif dan bergerak cergas setiap hari.Nilai dagangan mencecah USD $1.5 Trillions sehari.
4.Pasaran Forex tidak tidak dikawal oleh mana-mana individu,badan persatuan atau pun negara.(Global)
5.Bagi mereka yang Muslim,Forex adalah halal ,ini disahkan sendiri oleh Mufti Perak.Anda buleh rujuk berkenaan kenyataan forex di website Mufti Perak :
http://mufti.perak.gov.my/kemusykilan/Musykil_utama.htm

Persediaan sebelum memasuki alam Forex.
1.Belajar dan usaha memahami asas forex terlebih dahulu sebelum memulakan forex trading sebenar.
-ade banyak sumber percuma di internet yang padat dengan pembacaan asas forex antaranya http://www.babypips.com/ , http://www.fxstreet.com/ .Turut serta dalam perbincangan forex dalam forum,anda buleh dapatkan beberapa contoh laman web dan forum forex di http://free-egold.com/

2.Sebaik-baiknya latih trading forex dengan akaun demo dahulu(guna wang maya).
-Anda buleh daftar demo akaun di broker Forex seperti Northfinance atau Marketiva.
Panduan Mendaftar marketiva buleh lihat disini :
http://gettoforex.blogspot.com/2006/07/marketiva-forex-platform.html

3. Belajar mengawal perasaan agar tidak terganggu dengan keuntungan mahupun kerugian dalam Forex.
-Beringat yang 90 ke 95% pedagang forex selalunya gagal.
-Target anda adalah dalam kelompok 5% tu dengan memastikan kadar keuntungan anda lebih banyak dari kadar kerugian.

4.Berdisiplin dan cuba memahirkan diri dengan satu system/teknik forex terlebih dahulu sebelum mencuba dengan teknik yang lain.
-Tidak ade system forex yang 100% untung.Tetapi anda buleh mencari teknik yang baik dengan 70% keuntungan ataupun lebih.

5.Target keuntungan berdasarkan kemampuan dan hendaklah realistik.
-Mula dengan target yang rendah seperti 5pips ke 10 pips sehari.

Penggerak Pasaran Forex.
Walaupun tiada siapa yang mempunyai kawalan mutlak keatas pasaran Forex,mnamun ade beberapa faktor dan kumpulan besar yang mampu menggerakkan pasaran.

Kumpulan pertama ialah dari Kompeni atau syarikat Koprat/Multinasional,yang mana mereka ini secara kerap berdagang merentas negara.
Kumpulan kedua ialah Broker.Ia bertindak sebagai platform atau perantara diantara diantara individu profesional ,broker-broker lain mahupun bank.
Kumpulan ketiga ialah Syarikat Kewangan atau Bank.Terutamanya bank besar seperti Central bank yang mana setiap kali kerajaan atau bank itu mengubah polisi dalaman,seringkali pasaran Forex turut berubah.

Komponen dan Terma Asas Forex :-
Setiap kali kita berdagang di Forex,kita sebenarnya membeli atau menjual antara dua matawang asing.
Setiap Broker Forex ada menawarkan pasangan(pair) matawang asing ini untuk didagangkan dan kita buleh mencapainya di Pelantar(Platform) yang disediakan oleh setiap broker.
-contoh broker Forex = Marketiva,Northfinance,CMSFX dan Oanda.
-contoh pasangan matawang asing = USD/JPY , EUR/USD dan GBP/USD.
-contoh Pelantar = Marketiva streamer,Metatrader,Vtrader dam eSignal.

A)Matawang Forex (Currency)
Matawang Forex terbahagi kepada dua kelas yang utama iaitu Direct currency dan ‘Indirect currency’.
1)Direct currency merangkumi matawang yang nilainya lebih besar dari US Dollar.
-contoh seperti matawang Euro(EUR),Great Britain Pound(GBP)
2)Indirect currency pula ialah matawang yang lebih rendah nilainya berbanding US Dollar.
-contoh seperti Japan Yen(JPY),Swiss France(CHF) dan Australian Dollar(AUS).

Matawang forex diwakili oleh simbol(singkatan) yang telah ditetapkan.
Contoh :- US Dollar=USD,Jepun Yen=JPY,German Pound Sterling=GBP,EURO=EUR dan Swiss France=CHF.

Matawang Forex didagangkan berpasangan dan unit yang mewakili pasangan ini adalah kadar harga(rate) bagi kedua-dua matawang tersebut.
Contoh pasangan :- EUR/USD,GBP/USD,USD,JPY,GBP/JPY,USD/CHF dan lain-lain.

Harga Pasaran Semasa.
Standet untuk setiap pasangan matawang dicatatkan dengan dua harga pasaran semasa.
Satu ialah harga belian(bid/buy) dan satu harga jualan(offer/sell).

Contoh:- harge pasaran semasa pasangan EUR/USD dicatatkan dengan kadar 1.2810/1.2808,
dari pada harga semasa itu,'rate' dihadapan(1.2810) adalah harga belian(bid).
Apabila kita membuat arahan belian(buy @ long) pada masa itu kita akan dapat harga 1.2810.
1.2808(harga dibelakang) pula ialah harga jualan(offer),harga yang akan kita dapat apabila kita membuat arahan jual(sell @ short).

Perbezaan antara harga jualan(bid) dan belian (offer) ini di panggil 'spreads'.Spread berbeza-beza antara pasangan matawang,dari contoh diatas kita buleh dapatkan 'spreads' utk EUR/USD = 1.2810-1.2808=2pips.

B) Jenis-jenis arahan(Order).
Bagi mendapat keuntungan dalam Forex,kita perlu melaksanakan arahan Belian(BUY) ketika harege pasaran hendak naik dan menutup arahan tadi ketika market sudah tepu atau hendak bertukar arah.
Jika keadaan sebaliknya(harege hendak jatuh) arahan Jualan(SELL) perlu dilakukan.
Arahan Jual(Sell) dan Beli(Buy) pula ade lagi beberapa keadaan :-

1)Market Order
Membeli(Buy New) atau menjual(Sell New) matawang pada harege semasa.
Contoh arahan : Jika kita ingin Membeli ,arahan Buy New perlu dilakukan dan arahan untuk menutup pesanan tadi ialah Sell Close.
Manakala jika kita ingin menjual,arahan Sell New digunakan dengan arahan Buy Close sebagai penutup.
contoh:-
http://i62.photobucket.com/albums/h101/jomforex/buy_new.jpg

2)Stop Order
Menempah Belian(Buy New Stop) atau Jualan(Sell New Stop) matawang dengan lebih awal mengikut arah(trend) pasaran.
Contoh arahan : Jika kita jangka harege pasaran naik ke satu point dan ia akan kekal naik,arahan yang betul adalah dengan Menempah Belian(Buy New Stop Order) pada point tersebut .
http://i62.photobucket.com/albums/h101/jomforex/buy_new_stop.jpg

3.Limit Order
Menempah Belian(Buy New Limit) atau Jualan(Sell New Limit) matawang dengan lebih awal berlawanan dengan arah(trend) pasaran.
Contoh arahan : Jika kita jangka harege pasaran naik ke satu point dan ia akan bertukar(reverse) arah turun dari point tersebut,arahan yang betul adalah dengan Menempah Jualan (Sell New Limit Order) pada point tersebut.
http://i62.photobucket.com/albums/h101/jomforex/buy_new_limit.jpg

C)Arahan Stop Loss(SL) dan Target Point(TP)
i)StopLoss (Tahap menentukan Kerugian) adalah arahan yang bertindak menutup posisi 'trading' semasa secara automatik apabila posisi semasa mengalami kerugian dan mencapai sasaran StopLoss yang telah kita tetapkan.

ii)TargetPoint (TP) pula arahan yang bertindak menutup posisi trading semasa secara automatik apabila posisi semasa mendapat keuntungan dan mencapai sasaran (TargetPoint) yang telah ditetapkan.

*adalah penting untuk menetapkan arahan SL dan TP untuk setiap posisi trading kita.Ini adalah salah satu funsi yang membolehkan kita mengawal kerugian dan memaksimakan keuntungan.

D) Pips
Pips atau point ialah satu unit bagi mewakili perbezaan terkecil antara dua pasangan matawang yang didagangkan.
-contoh,ketika kita memesan arahan Beli(BUY) pada pasangan matawang Euro berbanding US Dollar (EUR/USD) ia berada pada kedudukan 1.2500.Beberapa minit kemudian harege EURO/USD naik ke paras 1.2510.Pada ketika ini nilai Pips= 1.2510-1.2500=+10pips.Nilai positif(+) mewakili situasi untung(in profit) dimana kita pesan Beli(BUY) dan harege naik.Tetapi jika keadaan sebaliknya iaitu harege pasaran turun ke paras 1.2490,nilai pips = 1.2490-1.2500= -10pips(negatif = rugi).

1)Pengiraan Untung Rugi:
Contoh pengiraan untung/rugi dalam Marketiva:-
-Marketiva menggunakan unit Quantiti(Qty) sebagai nilai/modal/securiti untuk kita membuka posisi.
-Tiada had minima dikenakan bagi satu-satu posisi.
-Nilai 1 Qty = 0.01usd.Ini bermakna jika ingin membuka satu posisi dengan nilai 100usd,nilai dalam Qty bersamaan ~ 100/0.01=10,000 Qty.

Formula mendapatkan nilai usd dari jumlah pips yang kita dapat:-
Kadar untung@rugi(dlm usd)= [ (Nilai Pips) X (nilai terkecil pasangan) X (Quantiti yang digunakan) ] / (kadar harga pasaran semasa=harga posisi ditutup)

contoh:- kita dapat untung +30pips hasil dari posisi belian(1.2800) yang kita tutup pada 1.2830 dengan modal 10,000qty(100usd).
kiraan untung(dalam usd) = [30x0.0001x10,000]/1.2830=$233.83usd.

2)Empat senario Untung Rugi:-
*Mereka yang sudah mempunyai pengetahuan asas forex buleh langkau topik ini.

Senario1 :
-Harga pasaran EUR/USD=1.2800/1.2798
-Kita buka satu posisi belian (Buy Market Order).buy price=1.2800.
-Kemudian harga pasaran naik ke point 1.2810.
-Posisi semasa = untung positif +10pips

Senario2:
-Harga pasaran EUR/USD=1.2800/1.2798
-Buka posisi belian (Buy Market) pada 1.2800.
-Harga turun ke point 1.2780
-posisi semasa = rugi negatif -20pips

Senario3:
-Harga pasaran EUR/USD=1.2800/1.2798
-Kita buka posisi jualan (Sell market order) pada 1.2798.
-Harga naik ke point 1.2810
-posisi semasa = rugi -10pips

Senario4:
-Harga pasaran EUR/USD=1.2800/1.2798
-Buka posisi jualan (sell market order) pada 1.2798
-Harga turun ke point 1.2780
-Posisi semasa= untung +20pips.

*Apa yang kita mahukan adalah tersenarai dalam contoh senario 1 & 4 dan mengelak senario 2 & 3.

F)Zon Masa Utama Forex
Dagangan matawang asing Forex mengaktif mengikut pembukaan kaunter oleh Negara masing.
Contohnya pasangan matawang yang mempunyai matawang Yen Jepun akan kuat mengaktif ketika kaunter jepun dibuka.begitu juga Australia dengan AUD , Great Britain dengan Pound ,E-12 dengan EUR dan US dengan USD.
Zon masa US adalah zon paling aktif unjuran dominasi US Dollar dalam dagangan antarabangsa.
Zon Euro adalah yang kedua aktif diikuti dengan zon Jepun dan Australia.
Saya akan terangkan lagi secara terpeinci dalam sambungan pembelajaran akan datang.

Bagi melihat zon-zon masa forex dari pembukaan market Australia ,kemudian Jepun,Euro dan akhir skali US,anda buleh lihat sumber dari website oanda disini :
http://fxtrade.oanda.com/resources/fxmarkethours/
*(pilih time zon = GMT +8 untuk merujuk pada masa Malaysia)

G)Analisa Carta Forex (chart analisys)
Ada 3 jenis carta utama dalam forex :-
i)Candle stick jepun
ii)Line chart.
iii)Bar chart.

Contoh tiga jenis carta :-
http://i62.photobucket.com/albums/h101/jomforex/jenis_carta.jpg

1)Tren pasaran.(Market Trend )
Secara umumnya terdapat dua jenis tren pasaran iaitu tren utama(major ) dan tren sementara(minor).
Dan ade ketikanya pasaran hanya mendatar(Trading range).
Mengenal pasti major & minor trend adalah sesuatu yang perlu dikuasai oleh setiap trader.
Dalam panduan ini saya hanya tumpu pada analisis carta jenis Candle stick dan menggunakan platform Metatrader4.

2) Analisa Teknikal.
Menganalisa harga pasaran secara teknikal adalah satu cara untuk kita mengetahui dan meramal trend yang akan terbentuk dengan membandingkan corak(patern) trend sekrang dengan patern market yang lepas-lepas.
Dua komponen utama dalam analisa teknikal ialah chart(carta) dan indicator(petunjuk).
Indicator ini bertindak dengan melukis corak diatas carta berdasarkan anasisa kira-kira(study) yang telah diprogramkan.
Terdapat dua jenis indicators iaitu leading indicator(mendahului) dan lagging indicators(mengekori).

a)Leading Indicators :-
- CCI,Relative Strength Index(RSI) dan Stochastic
-Menganggar harage pasaran mencapai paras jualan tepu (oversold) dan belian tepu(overbought).
contoh leading indicator:-

i)RSI
-mengukur peratusan jual/beli dengan mentafsir nilai overbought jika RSI >80 dan oversold jika RSI <20.
http://i62.photobucket.com/albums/h101/jomforex/RSI.jpg

b)Lagging Indicators :-
i)MA –Moving Average adalah salah satu indicator yang popular.Ia digunakan untuk menggambarkan trend jika harege semasa melepasi satu-satu unjuran MA.Antara setting MA yang pupolar = 5EMA,20EMA,100EMA,200SMA,60SMA,50EMA dan banyak lagi.

ii)MACD –Moving Average Convergence-Divergence,mengukur pergerakan dua Line Moving Average(slow & fast).Biasenya digunakan untuk melihat divergence iaitu ia memperlihatkan corak pergerakan yang berlawanan dengan corak harege pasaran.Default setting = 12-26-9
http://i62.photobucket.com/albums/h101/jomforex/MACD.jpg

Contoh yang saya bagi hanya sebahagian sahaja.Anda buleh dapatkan info berkenaan indicator ini dibahagian sumber web forex :- http://gettoforex.blogspot.com

3)Teknik1 : Multiframe SMA60
i)Buka platform Metatrader4 dengan carta candlestick dan susun ketiga-tiga carta secara horizontal.
ii)Set carta pertama dengan timeframe 1jam(1H),kedua dengan 15minit(15M) dan yang terakhir =5minit(5M).
ii)Letakkan satu Moving Average indicator pada setiap carta dengan setting 60 Simple-MA.

Peraturan teknik SMA60 :-
a)-Kenal pasti Major trend pada carta 1H samada menaik(UP) atau menurun(DOWN) Major trend UP :- -harege pasaran diatas SMA60 dengan SMA60 melengkung keatas. Major trend Down:- -harege pasaran dibawah SMA60 dengan SMA60 melengkung dibawah.
b)-Periksa samada carta 15M juga dalam tren yang sama.Jika sama teruskan dengan langkah seterusnya.
c)-Kenal pasti tren semasa pada carta 5M.

Jika ia sama dengan major trend,tunggu dulu sehingga berubah ke minor trend. kenapa nak tunggu?ini kerana ketika kita masuk market ketika major trend,ade kemungkinan masa itu lah ada pembalikan(minor reversal/pullback) pada harege pasaran.
Adalah lebih baik kita tunggu minor trend kenal pasti pembalikan dengan melihat candle stick patern atau melihat RSI indicator sebagai panduan market oversold/overbought.

Contoh Carta dengan setup SMA60 :-
http://i62.photobucket.com/albums/h101/jomforex/teknik_60SMA.jpg

Saya dah pun compile profile,template dan indicator dalam satu zip file. Email kepada saya untuk fail tersebut.
Apabila anda sudah muat turun fail tersebut(gmos_forex.zip),Extrach/unzip fail tu ke dalam folder Metatrader4.Jika anda ingin unzip dan pindah secara manual ,pastikan fail-fail tersebut berada pada tempat yang betul:
http://i62.photobucket.com/albums/h101/jomforex/tempat_metatrader.jpg

Setelah fail-fail tersebut berada pada tempatnya,anda hanya perlu load profile yang bernama gmos_sma60.

4)Teknik2: Pendekatan Support & Resistance.
a)Support(had sokongan) juga dipanggil valley(lembah) adalah tempat atau zon terendah dimana berlakunya pertukaran arah dari menurun(downtrend) kepada menaik(uptrend).

b)Resistance(had rintangan) juga dipaggil peak(puncak) adalah tempat atau zon tertinggi dimana berlakunya pertukaran arah dari menaik (uptrend) kepada menurun(downtrend).
Pedagang Forex menggunakan zon-zon Support dan Resistance sebagai panduan menentukan point Entry (masuk) dan Exit(keluar -TP@SL)

5)Teknik3 : Strategi Breakout High & Low
Teknik Breakout biasenya digunakan dalam trading harian bagi mengenal pasti sama ada satu -satu trend itu masih sama seperti hari sebelumnya ataupun berubah.

Terbahagi kepada dua jenis :-
a)Breakout High
-satu point tertinggi dicapai melepasi point tertinggi hari sebelumnya.

a)Breakout Low
-satu point terendah dicapai melepasi point terendah hari sebelumnya.
Teknik dan konsep Breakout ini juga fleksibel dan buleh digabungkan dengan mana-mana teknik atau kaedah analisis teknikal lain seperti Fibo dan pivot support&resistance.

6)Teknik4 : Kaedah Fibonacci.
Kaedah Fibonacci diasaskan oleh Tokoh Matematik terkenal Leonardo Fibonacci de Pisa yang terkenal dengan buku berjudul Book of Calculation.
Beliau telah menemukan banyak formula matematik dan salah satu yang popular dan digunakan sehingga kini ialah Konsep Fibonacci lebih ringkasnya = Fibo.
Banyak rujukan percuma yang memberi penerangan asal usul dan pengiraan komples Fibo,tetapi dalam
pembelajaran asas saya ini cuma menerangkan penggunaan nombor-nombor atau zon-zon penting Fibo sahaja.
Nombor yang biasa digunakan ~ 0.382(38.2%),0.50(50%) dan 0.618(61.8%),ini adalah beberapa nombor 'Magic' dalam analisa teknikal Forex.

Apa faedah nya Fibo pada Forex?
Oleh kerana popularnya pendekatan Fibo dikalangan Pedagang-pedagang awal,ramai munggunakan ia sebagai salah satu kaedah menentukan zon-zon Support dan Resistance.

Contoh kaedah Fibo,Pivot,breakout,support & resistance akan diberi pada update akan datang.

Masih ada satu lagi bab yang masih saya belum cover iaitu analisa fundimental(Fundemental analisys - FA).
Ketika ini bagi mereka yang ingin penerangan FA dalam bahasa English buleh singgah di website http://free-egold.com/
atau klik sini :
http://gettoforex.blogspot.com/2006/05/fundemantal-analisys-study.html ,
untuk terus ke topik berkenaan.

Kenapa FA sangat penting?Ia penting kerana FA merupakan indicator yang paling utama dalam pasaran forex.Kebiasaannya kita hanya guna TA untuk mengekor/meminpin FA.

Tips
Sebelum menutup sementara panduan saya ini,saya tinggalkan sedikit pesanan dari Forex Trader yang terdahulu :-

~Guna 20-30% sahaja dari modal untuk trading dalam satu-satu masa.
~Jika anda ragu-ragu jangan masuk market.Ada kalanya tidak berbuat apa-apa adalah jalan yang terbaik.
~Trading berdasarkan apa yang anda lihat bukan apa yang anda fikir.
~Jika gaya trading anda lebih kepada jangka pendek,tutup sebarang open trade sejurus sebelum berita ekonomi utama (news/market event).
~Seelok-eloknya ambil satu atau dua pasang matawang dahulu untuk anda kuasai.
~Jangan lupa tutup trading pada lewat hari Jumaat.Seeloknya jangan ada open trade pada hari cuti forex.
~Forex can make you win fast but it also can make you loss faster!
Sentiasa belajar,sabar dan berdisiplin dalam Forex.

Sekian dahulu.Salam

Fundemantal Analisys

2006-05-31T11:47:00.000+08:00

Trading these Factors
To trade these factors My way you first need an economic calendar and a news source.
some calendars can be found at forexnews , Forexfactory, EventPak,and Dailyfx.

Try them all and compare data as concensus may vary amoung themnews sources can be found in various trading platforms like MGforex and coesfx.
Just open a demo account with them ( or a real one ) and use the news they offer in the platform.

The faster the news source, the better so i use a source from my partner who signed up with bloomberg,
this source is very fast and i am sure u would love it based on how we gonna trade.

The Strategystep
1. Review economic calendar and pic out the most important movers for the day.Forexfactory tells u this using color codes, if they are red, it means maximum potential volatility.step

2. Identify the time of the trade you are going to makeThe calendar should show the time when the data will be released which is the time you will be trading.step

3. Identify the previous and the concensus for the Economic data and look at the chart to tell how price would move if the data is better, worse, or just as expected.This is the only time you should use technicals in this strategy, just to tell how muchstep

4. Setup your trade planAn example would be to Short the GBPUSD if:the US trade balance previous was -$65.0B and the Market expects (concesus ) -$67.0B and the Actual came out to be -$62.0B. This is way, way off the concesus and is a thumbs upsurprise which is good for the dollar.this plan would look like this in sumary:previous: -$65.0Bconcensus: -$67.0BLong -> GBPUSD if US trade balance -$68.0B or less negativeShort -> trade balance is -$66.0 or more positivethis is how u should setup your trade plan. You must also be aware of conflicting reports like for example if a Industrial production and Manufactoring production values dont both mean a short or a long, then dont trade as the values conflict and the currency is ambiguousStep

5. Trade that plan!!You will get into the trade EXACTLY when u see the figures come out, dont hesitate, or else u are screwed. Stay in only as long as the charts tell you or before a retracement is complete so that you dont loose your pips.I personally only stay in my trades for about 2 minutes max, AVG of 30 seconds

____________________________________

KEY ECONOMIC REPORTS LIST FOR USA

with TYPE 1 being strongestTYPE

1- Non-Farm (This one is erratic but predictable)
- Trade figures- TIC Treasury International Capital
- Conference Board Consumer Confidence
- Current account
-Advance GDP

TYPE 2
- Personal Income and Outlays
- FOMC announcement
- Michigan final consumer sentiment
- NAPM Chicago
- Retail sales
- CPI
- Durable goods
- Philly fed survey
- Michigan Preliminary Consumer Sentiment
- FOMC Minutes

TYPE 3
- Industrial production
- ISM manufacturing
- ISM non-manufacturing
- Leading Indicators
- PPI Producer price index
- Weekly Initial claims

KEY ECONOMIC REPORTS FOR THE UK

TYPE 1
- CIPS Manufacturing PMI
- Industrial Production
- Housing figures
- Trade balance
- CPI
- BOE Quarterly Inflation report
- Retail sales
- Current account
- GDP

TYPE 2
- Nationwide house price index
- CIPS Services PMI
- Halifax House price Index
- MPC interest rate decision
- PPI- RICS housing price index
- MPC minutes
- GFK Consumer confidence

TYPE 3
- not advised
- Industrial production
- ISM manufacturing
- ISM non-manufacturing
- Leading Indicators
- PPI Producer price index
- Weekly Initial claims

KEY ECONOMIC REPORTS FOR CANADA

TYPE 1
- Monthly GDP
- Labour force survey
- Trade figures
- Retail sales
- BOC interest rate decisions

TYPE 2
- CPI
- Monthly survey of manufacturing
- Industrial capacity utilization rate
- Monetary policy report and update

TYPE 3- not advised

- Balance of Payments
- Business conditions survey manufacturing

________________________________

Tips for Trading the Major Currency Pairs

All About the Majors: EUR/USD
Making headlines around the globe, the EUR/USD is perhaps the best known pair in the world! For the past 3 years it's been making high after high, but a reversal could send the price plummeting! In the meantime, it provides plenty of trading opportunity as it ranges between extended breakouts.
The euro has been called the "anti-dollar" since it is highly sensitive to US data. Because the recovery in the US has been uncertain, the market closely watches developments in the US economy to determine the strength of the recovery. Fears that the US is hitting a "soft patch" in its economic growth generally boost the euro.
Though the EUR/USD actively trades 24-hours a day, the most action is concentrated in the time when the US and European banking hours overlap, from 7:00 AM EST to 10:00 AM EST. Of all the majors, this pair best reflects how the US economy is doing compared to the rest of the world.

What moves EUR/USD?

Surprises in US economic releases This pair is hypersensitive to US data and will move when results come as a surprise- especially indicators that measure growth or recovery in the US.

Talk of Euro as an alternative reserve currency Because the US dollar is held as a reserve currency by many banks around the world, a diversification into euros would drive the value of the euro up causing a sharp move in the pair.
Interest rate differentials As the Fed raises interest rates, money will flow into the US as investors move to capitalize on these higher returns, boosting the value of the dollar.

Trade Deficit Because the imbalance of more imports vs. exports has the potential to reduce the value of the dollar in the long run, the market is very concerned with the trade balance in the US. Changes can cause a big shift in the value of the US dollar.

Fundamentals to Watch

FOMC Rate Decisions Watched closely since any increases in the interest rate automatically bring in foreign capital, increasing the value of the dollar.
US Non Farm Payrolls Amid fears of a "jobless recovery," the market has become very sensitive to this indicator, which measures new jobs created in the US.
U.S. Current Account...
US Trade Balance A measure of how much the US exports compared to how much it imports. To many net imports can drive the value of the dollar down, since more capital is leaving the US and being sold abroad, which drives down the value of the dollar.
US TIC Data Treasury Inflow Capital is a measure of how much foreign buying of US securities is happening. This can offset an imbalance of too many imports, since money is coming to the US to purchase goods which drives the value of the dollar back up.
US Retail Sales The US economy is largely driven by consumer demand. If this number is unhealthy, it can indicate a decline.
FOMC Minutes The breakdown of Federal Open Market Committee meetings. Scoured for any clues about how the Fed perceives the state of the Economy. Since the Fed makes interest rate decisions, insight into their outlook can help the market predict the interest rate outlook.
European GDP Gross domestic product. A measurement of output, and more importantly, growth in an economy.
European Trade Balance A measure of how much Europe is importing versus how much it exports. Too many imports mean that the currency will get weaker because more Euros are being sold to purchase foreign goods.
European CPI Consumer price index, a measure of inflation in Europe. Inflation that is too high or too low may prompt Europe’s central bank to raise or lower interest rates.
ECB Rate Decision Refers to the European Central Bank’s monetary policy. If inflation is too high, the ECB will raise interest rates to slow borrowing and spending. If economic growth is sluggish, lowering interest rates will help boost activity. High interest rates make a currency more attractive.
IFO Business Climate Survey Acts as an early indicator for economic development in Germany, which is Europe’s largest economy. Measure of sentiment that is weighted by industry to provide a composite outlook.
German Unemployment As Europe’s largest economy, German unemployment is read as a gauge of economic conditions in the Euro zone as a whole.

US News Ranking:-

NEWS CATEGORY	TARGET	STOPLOSS
1. NonFarm Payroll USA	100	30
2. FOMC Release.	100	40
3. Durrable Good	45	25
4. Bussines Inventories.	45	25
5. Initial Jobles Claim.	45	25
6. Trade Balance.	60	35
7. PPI USA	60	35
8. Personal Income	60	25
9. Consumer Confidence	60	35
10. Consumer Price Index	45	35
11. Chicago PMI	60	35
12. Factory Order/Inventoris	70	35
13. Whosale Sales/inventoris	40	25
14. Univ Michigan Survey	30	20
15. Home Sales	30	20
16. ISM Manufacturers	70	30
17. GDP	90	30

All About the Majors: GBP/USD
The GBP/USD, also called the cable, is by far the most volatile pair of all the majors. Prone to huge breakouts and dramatic reversals, the pair can move uninterrupted for hundreds of pips, providing multiple opportunities to traders in all time frames.
When the US lowered interest rates, the GBP/USD became a hot carry trade – especially when the housing bubble in the UK prompted the Bank of England to raise UK interest rates further. However, this is becoming less the case with every rate hike out of the US – making the pair extremely sensitive to any changes in the interest rate outlook for either country.
The volatile pair trades most actively from London open until lunchtime in the UK (around 4:30 AM EST) and then during early US trading session (7AM to 10 AM EST). It can often travel 150-200 pips a day.

HOT Buttons: What moves GBP/USD?
Shifts in monetary outlook for the GBP Since the GBP is held by many in carry trades, this pair is very sensitive to any changes in interest rate outlooks.
UK housing market The UK housing market is the Bank of England’s top gauge for inflation in the UK. The housing bubble prompted a series of rate hikes, and new developments are closely monitored by the market.
US economic data The market is very sensitive to the outlook for the US economy, since recovery has been uncertain. A pickup can have implications for the US interest rate outlook, which could also affect the value of the GBP/USD.

Fundamentals to Watch
FOMC Rate Decisions Watched closely since any increases in the interest rate automatically bring in foreign capital, increasing the value of the dollar.
US Non Farm Payrolls Amid fears of a "jobless recovery," the market has become very sensitive to this indicator, which measures new jobs created in the US.
U.S. Current Account...
US Trade Balance A measure of how much the US exports compared to how much it imports. Too many net imports can drive the value of the dollar down, since more capital is leaving the US and being sold abroad, which drives down the value of the dollar.
US TIC Data Treasury Inflow Capital is a measure of how much foreign buying of US securities is happening. This can offset an imbalance of too many imports, since money is coming to the US to purchase goods which drives the value of the dollar back up.
US Retail Sales The US economy is largely driven by consumer demand. If this number is unhealthy, it can indicate a decline.
FOMC Minutes The breakdown of Federal Open Market Committee meetings. Scoured for any clues about how the Fed perceives the state of the Economy. Since the Fed makes interest rate decisions, insight into their outlook can help the market predict the interest rate outlook.
Bank of England Meeting Meeting at which Bank of England officials set monetary policy and decide whether to change interest rates or leave them the same.
UK Housing Prices The UK housing market is the number one gauge of inflation in the United Kingdom. It is closely watched since the Bank of England will raise rates if growth is too high.
UK Unemployment The UK economy is closely monitored for any changes. Unemployment is a good general indicator of the health of an economy.
UK Retail Sales figures provide a good indication of...
UK Inflation indicators are watched closely as they can...

All About the Majors: USD/CHF
Known increasingly as the "legacy pair" as trading activity moves from USD/CHF to EUR/CHF, the Swissy is the predominant safe haven currency in the world because of Switzerland’s long history of stability and neutrality. When the markets sense geopolitical turmoil, capital tends to move into Switzerland. Unexpected global events and spikes in the price of gold will create opportunities in this pair.
Because interest rates in Switzerland are so low, the CHF is also a popular funding currency for carry trades. Because growth in the Swiss economy has been slow for some time, many investors are entering into USD/CHF as a carry trade, making the pair extremely sensitive to any changes in the interest rate outlook for either the US or Switzerland.
USD/CHF is most active during European open hours (3 AM to 4:30 AM EST) through the early US trading session (7AM to 10 AM EST).

HOT Buttons: What moves USD/CHF?
Geopolitical tension: US-negative developments in the world will cause a move in the pair as investors move funds out of US dollars into "safe-haven" Swiss francs.
Gold prices Higher or lower gold prices will cause a corresponding move in the Swiss franc since the Swiss franc is one of the few world currencies that still is partly backed by gold.
SNB monetary policy Swiss monetary policy changes could have an effect on the standing of the CHF as a carry trade funding currency.

Fundamentals to Watch
FOMC Rate Decisions Watched closely since any increases in the interest rate automatically bring in foreign capital, increasing the value of the dollar.
US Non Farm Payrolls Amid fears of a "jobless recovery," the market has become very sensitive to this indicator, which measures new jobs created in the US.
US Current Account...
US Trade Balance A measure of how much the US exports compared to how much it imports. Too many net imports can drive the value of the dollar down, since more capital is leaving the US and being sold abroad, which drives down the value of the dollar.
US TIC Data Treasury Inflow Capital is a measure of how much foreign buying of US securities is happening. This can offset an imbalance of too many imports, since money is coming to the US to purchase goods which drives the value of the dollar back up.
US Retail Sales The US economy is largely driven by consumer demand. If this number is unhealthy, it can indicate a decline.
FOMC Minutes The breakdown of Federal Open Market Committee meetings. Scoured for any clues about how the Fed perceives the state of the Economy. Since the Fed makes interest rate decisions, insight into their outlook can help the market predict the interest rate outlook.
Swiss KoF Leading Indicators A composite of business surveys from various sectors of the economy (industry, retail and wholesale) that is combined to form a leading indicator that aims to project GDP growth approximately 8 months into the future.
Swiss CPI Consumer Price Index. A measure of inflation in Switzerland; a significant change may have implications for interest rate policy in Switzerland.
Comments from Swiss officials Watched for any indications of change in Swiss monetary policy.
Swiss GDP Gross Domestic Product. A measure of growth and productivity in the Swiss economy.
SNB Rate Decisions Any changes in the interest rate by the Swiss National Bank has implications for the pair as a carry trade.

All About the Majors: USD/JPY
The USD/JPY is an enigmatic pair that gives a good proxy of US versus Japanese strength. At the same time, the Bank of Japan works to keep the Yen weaker than perhaps it truly is, since a strong Yen would hurt Japan’s export sector by making its products more expensive.
Because interest rates in Switzerland are so low, the CHF is also a popular funding currency for carry trades. Because growth in the Swiss economy has been slow for some time, many investors are entering into USD/CHF as a carry trade, making the pair extremely sensitive to any changes in the interest rate outlook for either the US or Switzerland.
The USD/JPY is most active at the open of the Asian session (6 PM to 9 PM EST) as well as during the early US trading session (7 AM – 10 AM EST).

What moves USD/JPY?
Chinese Yuan: If China revalues its currency (thereby allowing it to become stronger and closer to its true value) then Japanese exports would be able to compete better in the US and China against Chinese products. If this happens, the Bank of Japan could then stop intervening in the market to keep the Yen weak, which would result in an increase in the value of the Yen
Oil prices Japan is highly dependent on imported oil. Higher oil prices can impede both production and growth in Japan as it makes input costs significantly more expensive.
Japanese reserve diversification Japan holds large reserves of US securities and currency. A diversification out of dollar only holdings could result in a large sell off in the US dollar, driving the price down.

Fundamentals to Watch
FOMC Rate Decisions Watched closely since any increases in the interest rate automatically bring in foreign capital, increasing the value of the dollar.
US Non Farm Payrolls Amid fears of a “jobless recovery,” the market has become very sensitive to this indicator, which measures new jobs created in the US.
U.S. Current Account...
US Trade Balance A measure of how much the US exports compared to how much it imports. To many net imports can drive the value of the dollar down, since more capital is leaving the US and being sold abroad, which drives down the value of the dollar.
US TIC Data Treasury Inflow Capital is a measure of how much foreign buying of US securities is happening. This can offset an imbalance of too many imports, since money is coming to the US to purchase goods which drives the value of the dollar back up.
US Retail Sales The US economy is largely driven by consumer demand. If this number is unhealthy, it can indicate a decline.
FOMC Minutes The breakdown of Federal Open Market Committee meetings. Scoured for any clues about how the Fed perceives the state of the Economy. Since the Fed makes interest rate decisions, insight into their outlook can help the market predict the interest rate outlook.
Japanese Inflation A measure of inflation in Japan. Closely monitored because when too high or too low, it can prompt a change in the interest rate outlook of a country.
Japanese Consumer Spending A measure of how much Japanese consumers are spending. The Japanese economy is driven primarily by its export sector, but consumer spending is an important gauge of economic activity and prosperity.
BoJ Monetary Policy Meeting When Japanese bank officials meet to determine monetary policy. Has direct implications for currency traders since they often hint at whether or not they intend to intervene to protect the Yen from becoming too expensive—hence making their exports more expensive.
Japanese Trade Balance Japanese imports vs. exports – the Japanese economy is highly dependent on exports; a drastic change in this number can have implications on the value of the Yen.
Japanese Industrial Production A measure of activity in the Japanese manufacturing sector. This acts as a gauge for the level of production and growth in the economy.
Tankan Survey A quarterly business survey gives a detailed assessment of Japanese business conditions. The headline number shows the difference between the proportion of optimistic businesses and the proportion of pessimistic businesses. A large positive number means that optimism pervades.

Summaries on FA:-
Fundamentals that determine the long-term strength or weakness in the major currencies include:

Present and future government
Economy and outlook
Inflation and inflation target
Current interest rates, anticipated changes
Trade balance - is it a problem
Current account - enough money flowing into the country
Present and future government

How good a job the incumbent government is doing and how the people view the performance of its present government have a direct bearing on the exchange rate. Future changes in government, especially party changes are equally important. In the U.S. for example, the Democrats are generally viewed as a U.S. dollar negative because they tend to favor a weaker exchange rate; the idea is U.S. manufacturers will be more competitive and that will directly help the blue collar workers (Democrat’s voter base and election engine).

Economy and outlook (fall 2003)
The present state of the economy and perceived future outlook for the economy have a direct bearing on the exchange rate. The positive ramifications of a strong economy cannot be underestimated. There is clearly a domino effect. People are working and view the future optimistically. So they spend money. The companies are making money so they spend money. Tax revenues are good so the government is spending money. All this spending tends to make the economy stronger still, and so on. When the economy is weak and the outlook is negative the opposite reaction occurs.

Inflation and inflation target
Inflation has not been an issue this decade for any of the major countries. Deflation has been a problem for Japan and presently the United States is more concerned with deflation than inflation. Inflation outlook has changed because economies like the United States produce far less goods (prone to inflation) and much more services (practically no inflation risk). In fact better ways of servicing can lower costs and serve as a buffer.

Current interest rates, anticipated changes
The currencies of Australia, Canada and Great Britain have considerably higher interest rates than the United States, Japan, Switzerland and the Euro. The high interest rate currencies have what is known as a positive cost of carry when paired up against a low interest rate currency and that makes them especially attractive to investors. Positive cost of carry simply means the investor earns more interest on the currency bought than is paid on the currency sold. What oftentimes happens is that the high interest currencies are bought when the currencies are stable.

Trade Balance – is it a problem
A country has a positive trade balance when it exports more goods and services than it imports. When a country imports more than it exports it has a trade balance deficit. The United States has a huge trade deficit problem; each month it imports $40 billion more than it exports.

Most of the net U.S. trade deficit is with China and Japan. To correct this glaring imbalance the United States is pressuring China and to a lesser extent Japan to allow their currency to appreciate against the USD; this would make their goods less appealing to U.S. importers. A weaker USD would also help U.S. exporters sell their goods and services abroad.

Japan on the other hand has a trade surplus but that hasn’t stopped the Japanese government from officially intervening in the currency markets and buying 80 billion USDJPY this year. The U.S. up until recently has turned a blind eye on these perverse USD purchases. However, recent comments by Fed officials, the tone of the G7 communiqué, and comments from the International Monetary Fund (IMF), suggest a change in tactic on the part of the U.S. Specifically, it appears the U.S. wants a lower dollar.

Current account – enough money flowing into the country
The current account is simply net trade surplus or deficit. When foreigners were buying U.S. stocks with reckless abandon, the U.S. dollars leaving the country in net trade were working their way back through foreign purchases of U.S. stocks. That’s not happening anymore; in fact foreigners have been net sellers of U.S. for a long time now. What is happening is that China and Japan are taking all those trade dollars and buying U.S. government bonds. Problem with that is they have about 25% of all outstanding U.S. government debt; what it means is they could cause on a run on the dollar and or skyrocket U.S. interest rates if they sold a chunk over a short period of time.

Summary U.S. Fundamentals
Economy doing relatively well but the trade deficit, current account deficit, and budget deficit are all huge and getting worse. The U.S. dollar will end in tears unless something is done to correct these imbalances. U.S. dollar devaluation would help and is in the cards. Short USD is the only trade to be in these days.

source : actionforex,YeoMans.

GmosFx MT4 Guide

2006-05-31T11:46:00.000+08:00

*klik pada gambar untuk paparan penuh.

Muat turun platform MT4 dan daftar akaun Demo dari northfinance disni : http://www.northfinance.com/files/MetaTrader/mt4setup.exe

Terdapat beberapa bahagian dalam platform Metatrader4 iaitu:-
1)menu bar&toolbar-terletak dibahagian atas platform.
-letakknya menu dan butang-butang shortcut bagi kebanyakan fungsi carta.
2)'market watch'(ditanda C)-terletak dibahagian kiri platform.
-tempat paparan harga jual/beli semasa.
3)Terminal(menu ditanda D)-pada bahagian bawah platform.
-tetingkap yang memaparkan posisi 'trading'.
4)tetingkap carta(chart windows)-terletak di tengah/sebahagian besar platform.
-dimana graf harga pasangan matawang diplotkan.

Menu Utama(Main Menu bar)
Antara menu utama yang terdapat pada Menubar/toolbar :-
A)'new chart'-memilih dan membuka tetingkap carta matawang baru.
B)'profile'-memilih 'profile' sedia ada.
fungsi profile :-menyimpan atau membuka semula 'layout'dan template mengikut paparan yang telah kita tetapkan sebelum ini.
E)'fibo study'-membulehkan kita plot unjuran Fibonacci pada carta.
F,G & H)barchart,candlestick & line chart.klik pada mana2 jenis 'chart' ini utk diplotkan pada carta semasa(active chart windows).
K)autoscroll-membolehkan harga semasa diplotkan pada carta secara automatik.
N)time frame-pilihan'timeframe'(dropdownmenu) untuk carta semasa(active chart windows).
M)Indicator-pilihan indicator(dropdownmenu) utk diplotkan pada carta.
O)template-pilihan template(dropdownmenu).
template berfungsi menyimpan(save)/membuka semula(load) ketetapan(setting) satu-satu carta(indicator/timeframe & jenis charta).
P)Bar Menu utama(main menu bar)-terletak dibahagian atas sekali(yang saya tandakan kotak kuning)
-buleh dikatekan hampir Semua funsi platform MT4 buleh diacapai disini.

Apa yang harus dilakukan untuk kali pertama membuka MT4.
1)selepas saja login ke MT4,tutup semua tetingkap yang ada pada paparan metatrader.Ini termasuk tetingkap carta,tetingkap 'marketwatch',tetingkap 'terminal' dibawah.
2)Buat pilihan pasangan matawang mana yang kita nak jual/beli.
contoh kita pilih EUR/USD.
3)Klik pada 'New Chart' dan pilih 'EUR/USD'-satu tetingkap carta EUR/USD kluar.
4)Setup carta dengan memilih jenis carta(candlestick),masa(timeframe) & plot semua indikator yang dikehendaki.
Jika kita ade indicator baru yg kita muat turun dari internet,kita hendaklah simpan fail indicator tersebut di (C:\Program Files\MetaTrader - North Finance\experts\indicators)
untuk membuleh kan kita capai indikator tersebut pada platform metatrader.

-selesai setup carta ,buleh 'save'(simpan) setup carta tadi sebagai 'template'.
Klik pada template(O),dan 'save template',masukkan nama 'template' dan 'save'.
Fail template tersimpan di : (C:\Program Files\MetaTrader - North Finance\experts\templates)

*klik pada gambar untuk paparan penuh.

5)Sekarang buka tetingkap 'marketwatch' -klik pada menu icon C),atau klik 'view' pada menu utama(P),dan klik 'Market watch'.
6)buka tetingkap 'terminal' dengan klik icon menu D)'terminal',atau klik 'view' pada menu utama,dan pilih 'terminal'.
7)jika anda ingin membuka satu lagi carta pasangan EUR/USD tapi dengan masa(timeframe) yang berlainan,
buleh buka satu lagi 'new chart',pilih EUR/USD.Sekarang 'load template' pada carta baru dengan klik pada 'template' dan pilih nama 'template' yang kita simpan awal tadi.
Sekarang kita cuma perlu ubah set masa(timeframe) sahaja bagi mendapatkan set masa yang berbeza dari carta pertama.
8)susun tetingkap carta dengan klik pada menu 'Windows' pada main menu bar(P),dan pilih 'tile vertically' atau pilih jenis susunan mengikut pilihan sendiri.
9)jika kita puas hati dengan set paparan 'layout' semasa,buleh la kita simpan 'layout' tadi sebagai profile,klik butang profile(B),pilih 'save profile as',masukkan nama profile dan klik'save'.
Fail profile tersimpan di : (C:\Program Files\MetaTrader - North Finance\profiles\).

10)Membuka posisi 'trading'.Jika kita sudah yakin dan hendak melakukan belian/jualan,buleh lah kita buka posisi trading pada matawang yang kita pilih :-
Contoh,jika kita hendak membeli EUR/USD.Pada tetingkap 'Marketwatch',klik pada matawang EUR/USD,dan klik pada bahagian Bid(harga beli).
Satu tetingkap 'order' akan tertera.kita buleh terus laksanakan arahan'place market order' dengan klik butang 'Buy' ,ataupun kita buleh set Stoploss & take profit dahulu.
Apabila 'order' kita diterima,maklumat posisi kita akan tertera pada bahagian tetingkap 'terminal'.
Jika kita hendak tutup posisi semasa secara 'manual',pilih posisi yang hendak ditutup pada tetingkap 'terminal',klik dua kali(doublecklick) pada posisi tersebut/kolum 'Price',dan klik butang arahan 'close order'(warna kuning).

Daily Fx Analisys

2006-05-31T11:45:00.001+08:00

Daily Fx Analisys By Realtimeforex :-

Daily Fx Strategy Tips :-

ForexNews Analisys :-

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MTVtrader analisys :-

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Daily forecast pages :-

Click here for Forexnews recomended trades

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Click Here for RF TraderTip

Click here for UBS news analisys

Click here for 4cast news source

Click here for Finotec daily analisys

Gfx 8pm analisys

OnlineBisnes Forums

Fx Calender :-

ForexFactory Calender

Todayfx Calender

Forex TimeZone :-

ForexTime by Oanda

World Forex Time

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Get your Risk Probability Calculator Here.

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Hans's Breakout System

2006-05-31T11:44:00.000+08:00

Simple Combined Breakout System for EUR/USD and GBP/USD

* Determine the 06.00 CET â€“ 10.00 CET High Low on EUR/USD and GBP/USD
* Determine the 10.00 CET â€“ 14.00 CET High Low on EUR/USD and GBP/USD
* Set BuyStop at High + 5 pips and SellStop at Low - 5 pips for both timeframes and both currencies
* Set Target Price at entry + 80 pips for EUR/USD and entry + 120 pips for GBP/USD
* Set StopLoss at entry - 50 pips for EUR/USD and entry - 70 pips for GBP/USD. If the other side of the breakout is within 50 pips for EUR/USD or within 70 pips for GBP/USD then the StopLoss will be that level (Longtrade: SL = Low range - 5 pips = SellStop; Shorttrade: SL = High range + 5 pips = BuyStop)
* Move the SL to breakeven after a gain of 30 pips for EUR/USD and a gain of 40 pips for GBP/USD
* If a certain position is taken and price turns agains you and it breaks the other side of the breakout channel then turn. If the breakout channel is broader then the stoploss first the stoploss will be hit. If the breakout channel is narrower then the stoploss then hitting the other side means that you have to turn your position. There is only one turn per time frame possible
* At 24.00 CET all orders expiring and close all trades at market. On Friday we do the same at 23.00 CET.

This link displays the time in every major city in the world: www.qlock.com. I am using CET time (Amsterdam, Frankfurt).

Results October 2005:

10/03 : -22 pips
10/04: -61 pips
10/05: -103 pips
10/06: +168 pips
10/07: +156 pips
10/10: +135 pips
10/11: +61 pips
10/12: +108 pips
10/13: +97 pips
10/14: +274 pips
10/17: +178 pips

Total: +991 pips

The results this month are extreme. In general the system gives you an average return of 600 pips a month from March 2005.

On monthly basis the results are:

March 2005: +721 pips
April 2005: +940 pips
May 2005: +296 pips
June 2005: +857 pips
July 2005: +1,352 pips
August 2005: + 35 pips
September 2005: -20 pips
October 2005: +1,825 pips
November 2005: +554 pips
December 2005: +345 pips
January 2006: +73 pips
February 2006: -13 pips
March 2006: +633 pips
April 2006: +617 pips

All calculations before October 2005 are done by hand, so it is possible that there is a small deviation. It is only to show the power of such a simple system. Maybe someone can program this for Metatrader 4

http://www.strategybuilderfx.com/forums/showthread.php?t=15439&highlight=MT4+pivot

BrunoFX 's observed

2006-05-31T11:43:00.000+08:00

BrunoFX Observations of the Nina method. : http://www.forex-tsd.com/suggestions-trading-systems/803-observations-nina-method.html

guiding principle:

crossing ind+ma25 above or below the reference mark 0. confirmation of the stoch + confirmation fx_fisher

Rules:

FT: M30
Indicators: IND Inverse +MA50
FX_Fisher
Stoch (5.3.3)

Buy: cross INDinverse+EMA50 (no reference mark) Stoch green line with the top of the red line and it must go up + Fx_fisher :it bar must be green and above reference mark 0

To close the order: with the crossing of the line of Stoch or TP = 15 or 20

Sell: inverse

For the sell, to see the reverse and the same for to close order

you must have the 3 indicators to validate the order at the same time

_______________________________________________________

BrunoFX... i m impressed by the simplicity of this system. As far as my experience is concerned, the real success in the forex market lies in applying simple trading systems with discipline and consistency. However, a very important part, ie the exit, is still need to be developed.

The problem with exits of trend-following systems is that not all exit strategies work well in different market conditions. An exit strategy which may hve earned u most of trend two or three times, will probably let u out too early the third or fourth time. So basically the point I am trying to clear is we must get settle on anyone way to exit which we are comfortable with. I use many exit strategies, some of which are detailed below...

ATR Exits
I use this one to take a fix no. of pips. Here, I take the value of ATR(14) on the bar/candle I entered my trade and multiply that value by 2,3,4 or 5 depending on the momentum in the market. The resulting value is the no. of pips I take. For e.g. today on GBPUSD, a trade was signaled at 06:30 GMT. The ATR(14) at the time of entry was 0.0014. Multiplying it by 5 gives me 0.0070 or 70 pips. So this becomes my profit target.

BrainTrend2Stop
I often use this indicator for trailing my stop. I think this needs no further explaination. Most of the time i get very good exits.

Pivots Based Exits
Using a combination of Camarilla Pivots and standard pivots can be a very effective way of exiting a trade. This method helps u to catch most of the pips but it requires a little judgement. Once u practice this way of exit, believe me, u wont need another.

Hope this helps everyone. If anybody wants, I can post chart examples.

EA "SIMPLE-MACD" & "SPOUTNIK REBIRTH"

2006-05-31T11:40:00.000+08:00

Rase ni antara EA yg mempunyai backtest performance yg baik,
tapi fwd test blum ade lagi tunjukkan camna dia perfrom.

selame ni pun ade usha EA dari forex-tsd kat elite section...so far result dari fwd test EA kat sana blum ade yg betul2 bleh bagi P/L ratio yg baik & konsisten.tp just tengok2 so mmg tak blajar lagi camna nak set EA.

EA ni pulak mmg blum ade lagi fwd test result coz baru je kelmarin dia post,
sebelum ni dia pun ade buat EA menggunakan konsep fibo,tapi backtest menunjukkan EA simple_MACD ni lebih baik.

Sistem dia mudah je..just juna MACD sebagai indi,

rules dia :-
1) Bila nilai MACD bertukar dari - to +, order buy
2) Bila nilai MACD bertukar dari + to -, order sell
3) Tutup position bila MACD mencapai puncak tertinggi/terendah yg pertama.
4) Sekiranya position yg kita bukak tak profit,tutup terus dengan kadar loss terendah(setting SL).

buat mase ni diorang kat forexfactory tengan cari seting paramiter yg terbaik utk EA ni..

rekomendasi Timeframe tuk EA ni =1M atau 5M.

kat cni ade ebook cite pasal basic EA : http://planet.time.net.my/CommerceSquare/durianruntuh/MT4_EA_guide.pdf

jom kita maju setapak lagi dgn bincang pasal EA plak.. :)

-------------
source :
forexfactory : http://www.forexfactory.com/forexforum/showthread.php?t=6120
contoh chart 'simple_mACD' : http://i62.photobucket.com/albums/h101/jomforex/simplemacd.jpg

______________________________________________________________________

2) EXPERT ADIVSOR SPOUTNIK REBIRTH H1-V1.1

Thanks for your help !

I understood problematic linked to the fisherâ€¦
Therefore i added CCI in 35 (thanks to "trader79")
BBsqueeze i know this indicator but i prefer for the EA development to use standard indicators (For "Dirk")
The new tpl below â€“ i replaced Fisher by CCI Woodies in 35...

--------------------------------------------------------------------------------------------------------
EXPERT ADIVSOR SPOUTNIK REBIRTH H1-V1.1

Dear All

Just below a method i developped giving goods results
I would appreciate if we could create a team as follow :

1) EA programmer on MT4
2) Tester on on different broker

TimeFrame : H1
Currency : All
Indicators used : TrendCCI 35 + Flat trend H1 + macd 8.12.1
MA CrossOver Signal 5-7
Working hours : euros, chf, gbp : 7 -12'00 GMT time and 15'00 till 18'00 GMT TIME
Working hours : yen : 01.00 AM -15'00 GMT time

Rules Long positions :

Correlation of 4 indicators :
Between Zero line of MACD 8.12.1 with Trend CCI 35 which should go above zero
+ Green bar on Flat Trend and Arrow Green on MA Crossover Signal (Cross EMA 5 - 7)

SL :50
TP : open
trailing stop: 50

Exit with All Conditions Short (On Four Indicators)

Rules short position :

Correlation of 4 indicators :
MACD 8.12.1 Cross Below Zero line with Trend CCI 35 cross Below Line zero
+ Red bar on Flat Trend and Arrow Red on MA Crossover Signal (Cross EMA 5 - 7)

SL :50
TP : open
trailing stop: 50

Exit with All Conditions Long (On Four Indicators)

EXPERT ADIVSOR SPOUTNIK REBIRTH H1-V1.1 -tech data in order to developp an expert advisor (EA)
Lots : 1
Maximum lots : 2
TP : 50
SL : 30
TS : 30
Money management
Start hour H1
End hour H1
Start hour H2
End hour H2
Enclosed : gif + tpl + indicators pack

http://www.forex-tsd.com/20000-post16.html

STRATOBLASTER FOREX TRADING FORMULA

2006-05-24T09:13:00.000+08:00

ITS HERE NOW!

Originally from THE TUNNEL METHOD, I am switching to a NEW THREAD FOR 2006! STRATOBLASTER FOREX TRADING FORMULA

This new thread will address issues of the OLDER FORMULA and what I HAVE ADDED so please stay tunned until fully completed.

In the mean time I will post charts to look at and if any one out there is interested in this new thread, I SUGGEST YOU GO FIRST TO THE TUNNEL METHOD AT

http://www.strategybuilderfx.com/for...771#post141771

and read the posts and look at the charts so you get a good feel of the original Strato Tunnel Formula!

EVERYBODY WELCOME IF YOUR NICE AND POLITE ONLY! ABSOLUTELY NO NEGATIVE POSTS WHAT SO EVER!!
Welcome,

Strato

YOU WILL NEED TO DOWNLOAD THE SBFX PLATFORM to MAKE SURE you on the same page with all of us at:
http://www.strategybuilderfx.com/platform.php/

UPDATE: NEW ZIP FILES ATTACHED FOR INDICATORS!ATTACHED HERE ARE BASIC RULES OF NEW FORMULA !

ALSO, SO YOU HAVE AN IDEA OF WHERE I AM COMMING FROM PLEASE PRINT AND STUDY THIS:

LEARNING TO DAYTRADE FOREX IS A PROCESS WHICH REQUIRES diligent study of CHARTS, PATTERNS, PRICE ACTION, CANDLE FORMATION, TRADING ZONES, Learning the PROPRER SETUPS for a trade, and most importantly WHEN NOT TO ENTER A TRADE!

THIS MUST BE PRACTICED AND MASTERED ON DEMO FOR A FEW MONTHS, FOR it is NOT a GET RICH QUICK SCHEME whatsoever!

If you willing to put in the TIME AND BLOOD, SWEAT AND TEARS, to Learn trading this FORMULA, YOU WILL MAKE MONEY! Please just DO NOT EXPECT to be SPOON FED, becuase you will NEVER LEARN that way! YOU MUST PRACTICE AND TREAT THIS LIKE A BUISNESS!

I am here to COACH YOU, not TRADE FOR YOU! It is your job to learn these setups so YOU CAN PULL THE TRIGGER! It is YOUR MONEY!

I post CHARTS all the time SHOWING YOU what to look for to MAKE A PROFITABLE TRADE, AND IN THIS FORMULA WE DO NOT GAMBLE! YOU MUST BE PATIENT AND WAIT FOR THE RIGHT SETUPS and ENTRY'S, AND ALSO LEARN THE PROPER EXITS!!!!

It is my feeling that if you want to JUMP AROUND all these threads, it is impossible to be proficient in DAY TRADING FOREX. You need a set of RULES, and you must stick by those rules to give you any kind of chance of making money. 90% of RETAIL TRADERS in FOREX lose money, for lack of DECIPLINE! So whatever RULES OR METHODS you want to follow, either this one or another one out there, just stick to ONE GAME PLAN and follow it!

Since this is a DAY TRADING FORMULA, we do not use EXPERTS, or hold onto any positions overnight! You will need to follow the PRICE IN REAL TIME.

THIS FORMULA IS NOT FOR EVERYONE! To hold on to any postions overnight, you should look into and follow a SWING TRADING FORMULA.

Again WELCOME!

PS We now have a wonderfull CHAT ROOM and a PLACE FOR ALL SERIOUS TRADERS OF THIS FORMULA! Here you can give us your feedback and ask questions? You need to download PALTALK at www.Paltalk.com and we are in the BUSINESS and FINANCE section under DAY TRADING and our ROOM IS "REAL STRATOBLASTER FORUM."

UPDATE TO THE BASIC RULES:

STEP ONE: Wait for PRICE during NEW TRADING DAY to go to GREEN ZONE OR RED ZONE FIRST AND VTOP OR VBOTTOM.

STEP TWO: WHICH EVER ZONE PRICE HITS FIRST AND GIVES US OUR REVERSAL SIGNAL WE TAKE THE TRADE: GREEN ZONE SHORT ON VTOP AND RED ZONE LONG ON VBOTTOM CANDLE WITH MORE JUICE THEN CANDLE BEFORE!

A: IF SHORT WE LOOK FOR 12 EMA TO EVENTUALLY CROSS DOWN BELOW 89 EMA TO CONFIRM OUR SELL SIGNAL. THE FURTHER 12 GOES BELOW 89 EMA USUALLY THE BETTER THE TRADE!We then look for Vbottom usually in opposite RED ZONE OR BEYOND for our Exit!

B: IF LONG WE LOOK FOR 12 EMA TO EVENTUALLY CROSS UP ABOVE 89 EMA TO CONFIRM OUR BUY SIGNAL. THE FURTHER 12 GOES ABOVE 89 USUALLY THE BETTER THE TRADE! We then look for the VTOP CANDLE TO FORM usually in GREEN ZONE OR BEYOND.

STEP THREE: We should be out of our TRADES NOW, IF EXITED on VBOTTOM SHORT OR VTOP LONG!!! IN ORDER TO TRADE FURTHER THAT DAY WE MUST HAVE STRONG JUICE AND CROSS OF 12 and 89 EMA FOR DIRECTION!!!

OPTIONAL TRADE FOR THE DAY!

We are now out of our original trade either short or long and exited as discussed. If our intial signal was a short trade and we exited at vbootm in RED ZONE, we could only trade LONG IF:

WE HAVE A CROSS OF 12 and 89 with big JUICE to take us NORTH, and:

WE COULD ONLY TRADE SHORT AGAIN IF 12 is BELOW 89 and we get strong JUICE and PRICE BREAKS THE VBOTTOM CANDLE, to take us SOUTH.

IF TRADING UK SESSION AND BIG NEWS COMES OUT IN US SESSION PLEASE MAKE SURE ALL TRADES ARE CLOSED BEFORE NEWS COMES OUT!

HERE IS THE UPDATED ZIP FILE FOR STRATOBLASTER INDICATORS!

HOPE THIS MAKES IT SIMPLE FOR EVERYONE AND CLARIFIES OUR SIGNALS!

http://strategybuilderfx.com/showthread.php?t=15865&highlight=%22Brain+Trading%22

High Profit BrainTrader Strategy

2006-05-18T13:21:00.000+08:00

Here is my BT strategy. I've been using this strategy for about 6 months now and have been achieving very high results with it, aroung 40 to 100 pips a day. OK, here it is:

Timeframe: 1hour works best, but could use on 30 min.
Indicators:
Braintrend 1, Signal1, Stop1, and Stopline1, Signal Close Alert 1
t3 Aroon Horn Smoothed
t3 Aroon Horn Oscillator: line drawn at zero
Trend Trigger Modifed version 3 (changed parameters to 50 and -50, instead of 100 and -100)

Entry Long Signal:
1. Blue bar completed with Braintrend signal dot (alert will sound and tell you the entry with stop placement). Do not enter yet.
2. Aroon Horn Smoothed lines will cross each other. Do not enter yet.
3. Trend Trigger will cross above the +50 line (must be crossing or already above +50 line to signal safe entry). Do not enter yet.
4. We enter only when the Aroon Horn Oscillator crosses up over the zero line. (only if all of the other indicators agree)

Entry Short Signal:
Opposite above.

Waiting until the Aroon Horn Oscillator crosses the zero line will ensure that the trend is in strength. It also coordinates quite often with the minor retracement that happens after the initial price move. The Aroon Horn Smoothed indicator is an early signal but a retracement could happen that is why we wait for the Oscillator to signal.

I use to just jump right in when I first started using BT to try and get every pip but soon realized that there were many false signals given and one could have many whipsaws along the way. Using this strategy will eliminate many of those whipsaws and allow one to pull the trigger more confidently.

Important note on the Trend Trigger, there has been some discussion about it curve fitting past results to fit ideal parameters. That is why I say wait until the Aroon Horn Oscillator crosses zero to verify the established trend. The market is range bound when between the +50 and -50.

Note* One thing I've noticed, you can use the Trendsignal indicator (found elsewhere on this forum) as well to signal for entry but only if the other rules are followed.

I hope this helps some of you who are hesitant to pull that trigger when a trade happens. Please let me know what you think and if this can be improved. I've attached some of the required indicators (minus Braintrader) here. Enjoy.

Let's all share the knowledge

http://strategybuilderfx.com/showthread.php?t=14250&highlight=%22Brain+Trading%22

http://www.forex-tsd.com/brain-systems/494-brainsystem-trading-rules.html

FOREX FOR DUMMIES by dude007(MMG)

2006-05-16T11:08:00.000+08:00

Hello Everyone
Its good to see so many people getting interested in trading Forex smile.gif . I've been into forex for the past 8 months. I see a lot of newbies trying to find Help. Well I've been there n ill tell u wot i did so it might help u guys. Ill be postin helpful info in this thread so keep ur eyes open. I spent 6 months Reading and learning everything I can from the internet without paying a Dime because I am a student at University lol. I finally opened a demo account 2 months ago and started practicing and testing out over 50 strategies. Trying to copy another persons strategy is not very rewarding because everyone's style of trading n strategies are different. So u need to develop your own style and strategy from all the strategies and indicators u learn to use.
Let me try n walk through wot u need to know.
FOREX has a HUGE amount of information to learn so u will never stop learning even if u trade for 50 years. So learn to accept this and remember the following:
!!!LEARN WOT U NEED TO MAKE MONEY AND LEAVE WOT U DONT NEED TO KNOW!!!
This is wot i did:

1. EDUCATE YOURSELF
Read and understand all the basic stuff on forex ie all the free materials from the internet and how some indicators work e.g. MACD, Bollinger Bands, Stochastic, RSI, Pivot Points etc. A really good and simple place to learn them free is: http://www.fxstreet.com/education/fxstrategy.asp

2. JOIN THE FORUMS AND MAKE A NETWRK OF TRADER FRIENDS
I cant stress the importance of joining Moneytec http://www.moneytec.com/index.php & http://www.elitetrader.com/. It will help u immensely and learn things in an hour which might normally take a week to learn. It has loads of strategies n advice from other traders. It is also a great place to make a network of trader friends to help u on the way smile.gif .

3. PRACTICE ON A FREE DEMO ACCOUNT - U know wot they say PRACTICE MAKES PERFECT.
I recommend u practice all the strategies n indicators on all the 6 major currency pairs. JUMP INTO THE DEEP END n practicing on a demo account its the best way to learn forex. Always keep your eyes open and observe carefully how all the indicators work. Also flip back n forth on the time charts 1min, 5min, 15min 30 mins 1 hr, 4hrs etc n look at the trends. The BEST trading platform that i found to trade on is Metatrader 3.0 or 4.0 http://www.metaquotes.net/metatrader
Oanda http://www.oanda.com/

4. CONTROL YOUR EMOTIONS, GREED AND DICIPLINE YOURSELF TO A CERTAIN STRATEGY TO WIN THE GAME OF FOREX.
Control your emotions and don't be Greedy because u will end up losing more. Its always good to take small bites at the apple instead of trying to Swallow the whole thing lol. Forex is not for everyone as u may know the famous figure of 90 to 95% fail. So if u try it out n think its not for u !!!LEAVE AT FIRST SITE!!!. From day one Practice n in your mind set a goal to develop your own style and strategy. From months of practice i have noticed i like short trades which lasts 10 - 30 mins per trade (sometimes up to an hour) on a 5 mins chart picking up 3 - 10 pips per tradesmile.gif. I am suited to this style and i have developed a strategy to go with it AND DECEPLINED MYSELF TO FOLLOWING IT.
*NEVER THINK U WILL FIND A STRATEGY THAT WORKS 100% OF THE TIME*
You WILL lose money in forex ladies n gents but U can win MORE time than u LOSE in forex that is the key to remember. Its possible to develop strategies that will win 90% of the trades u take and lose 10 % smile.gif . That's wot u have to aim for.... U will get there if u put in the hours and work SMART N HARD. It is really worth it at the end. Like all things "the first step is the hardest to take". When u know your stuff its simple.

5. HAVE A REALISTIC AIM
Before u start trading make sure u have a clear head otherwise u WILL LOSE. Aim for 10 to 15 pips of profit a day for starters. It's pretty simple to catch 10 - 15 pips per day if u know your stuff if u dont u WILL LOSE. when u'r fairly consistent at getting that aim for 20 - 30 pips this is possible when u get experienced and understand how different currencies behave n also develop ur senses for predicting accurately, u become a PRO at using a number of good indicators and DECEPLINE URESELF at using them. Occasionally u will catch 80 - 100 pips a day when u are at it so there is somthin good to look forward to rolleyes.gif.
Well thats how far i got up to folks with my trading. I hope it helps u guys. I have heard of people getting over 100 pips a day consistently n i think it is possible when u become a GURU in forex laugh.gif laugh.gif . I am not online as much as i like to because of my busy lifestyle but feel free to ask questions when iam online on MMG or post it here. So good luck n work ur way through smoothly "DONT LEARN TO RUN BEFORE U CAN WALK". and elite trader because it has tons of indicators, its pretty easy to learn compared to others, u can automate strategies n its free. is another very good one, its probably the easiest one to use but it doesn't have many indicators to use.

_________________________________________________________________________________

The most important technics u guys must learn to use in every trade are:

**PIVOT POINTS AND FIBONNACHI RETRACEMENT**

I have labelled on the chart so u know how they look like smile.gif . i cant stress enough how important they are because it is at those levels that the trend can change around most of the time. Think of them like walls where the ball can bounce of from. if u spend abit of time reading about them and then use them in every single trade u will soon master it. IT MIGHT LOOK COMPLICATED and annoying but its VERY IMPORTANT. If u learn them PROPERLY u can predict how the trend will develop for the day with a 70% accuracy. When u use this technic it better to trade on 1hr or maybe 15mins as well.

You can download a pivot daily indicator from Moneytec but u need to work out the fibbonnaci levels using the following calculator http://global-view.com/ssi/fibcalc.html by entering the previous days High and Low.

If its too confusing for the newbies study the PIVOT POINTS AND FIBONNACHI RETRACEMENT and then u will know wot iam gettin at.

__________________________________________________________________________________

*THE SECRECT TO USING INDICATORS*

Hello Everyone

I just wanted to mention something really important in order to trade well. Its just amazing how many things u learn on the way to being a better trader. Some people think its impossible to Win with Forex well that's true but its not impossible to WIN MORE TIME THAN U LOSE.

Everyone knows that emotions, patience, a good eye, practice, money management and a good system are vital in order to achieving this but yet a lot of people end up losing.

why IS THIS:

Well one common PROBLEM is that people keep changing there strategy when they lose 1 trade or another common problem is that MY INDICATORS WENT AGAINST ME OR IT GAVE ME A FAKE SIGNAL

Well I don't blame u cuz the same thing happened to me over thousand times

What's important is that u realize Y it went against u.

I will try and explain Y so it will help u to be better. Lighten.gif

Most of the indicators out there (around 99%) are all LAGGING Indicators which means they need past data in order to predict the future but we ALL know that markets don't always do what they did in the past so that's y they go against u at times.

Some of the most common lagging indicators are as follows:

MACD
MOVING AVERAGES
RSI
STOCHASTICS
ADX
WILLIAMR
CCI etc

Lagging indicators are good and u do need them at times but u need to use them in a package with some OTHER POWERFUL STUDIES in order to achieve that vital thing called CONSISTANCY.

The answer is u need the group of LEADING INDICATORS which can give u a good indication of points in the future where the market has a good chance of heading to and might retrace or have significant effects. Imagine the impact it will have on your trading if u can make high probable predictions on where the market is heading to before u place the trade. Believe me it will help alot. I suggest u use a mixture of lagging and leading indicators in your strategies to IMPROVE your chance of winning more trades.

Some examples of leading indicators are as follows:

FIBONACCHI
TRENDLINES
PIVOTS
ELLIOT WAVE
ANDREWS PITCHFORK
GANN etc

I suggest u do your research and develop an understanding on exactly how some of them work. They are more difficult to learn than lagging indicators but its well worth your time to learning them and develop strategies around them. Trendlines and pivots are the easiest ones to learn.

__________________________________________________________________________________

Guess wot i got some more goodies for u to improve ur trading. I have 2 exotic custom made indicators thts works excellently with the strategy that I recommended. These 2 indicators which I have attached below only work with metatrader 4 (that's y I've been nagging u guys to use metatrader 4).
The indicators are as follows

1. ERGOTIC - its very similar to MACD but is more sensitive n gives a clearer picture of trends. So remove MACD n put this one instead.

2. WILLIAMR36 -this is a new one tht Iam using n probably one of the best indicators tht I've come across with. Just place this on your chart n u will see 2 lines probably a green n red line. When both lines are at the centre u wait but when the green or red light starts moving apart u quickly check the other indicators for a trend change n make a trade. This indicator works wonderfully with the strategy which I recommended.

Study on williams % R here : http://www.trade10.com/williams.htm

Finally I got one more surprise for u guys. Remember I told u how important it is to use Fibonacchi Retracement with every trade. Well few of u asked me how it works so I found a nice ebook which explains HOW fibonacchi works. All I can say is READ n LEARN IT. Its nicely worded n only 22 pages. The website is currently allowing people to view the ebook for FREE .

Check it out at: http://www.fibonacciprofits.com/fb

Thats all for now but do post some some of ur trading results in this thread so it will give others n idea of how people are performing.

_________________________________________________________________________________

The main concept of my trading is:

1. I use daily, 4hr, 1hr and the 30min chart to get the big picture of wots going on.

2. Then i use fibonacchi n pivots on a 15min or 5 min chart as a guide ie u can also chk 1hr or 4hr charts as well.

3. Finally i place a trade when my indicators show me a GO signal.

__________________________________________________________________________________

These are the indicators iam using:

Bollinger Band (default setting)
EMA 10 & 50 (both short)
Kaufman 2 (default setting) - this is same as EMA but i use this as a trigger when it crosses EMA 10 wink.gif .
Daily Pivots (make sure u turn the Camarilla to TRUE in the properties of the indicator) .

Stochastic (Default setting)
William 36 (Default Setting)
Ergodic (Default Setting)
ADX (default setting)
Denapoli MACD Histogram (default setting) - this is a new one i picked up n is very similiar to ergodic but better than the normal MACD. The reason i use this is to remove whipsaws and get a clear picture of wots going on. However ergodi allows me to view the trend closer. U can use either this or ergodic but i prefer both to be there smile.gif .

Finally and most importantly place FIBONACCHI RETRACEMENT for the day on the chart smile.gif .

I know iam using tooo many indicators but they all help me n u need to practice looking at all of them within 20 sec before a trade n make a judgement.

This is wot u do

1. Look at the 4hr, 1hr, 30 min and 15 mins charts to check the big picture of wot exactly is happening for the day.

2. Check between which Fibonacchi retracement level the trend is currently at e.g. 61.8 to 100. Then look at where all the pivot points are between the fib levels.

3. Goto 5 mins or 1 min chart n check where the 50 EMA is. If its below the currency trend its a BUY signal if its above the currency trend its a Sell signal. Also check the trend in relation to Bollinger band as well. Once thats confirmed u need to look at 10 EMA and Kaufman 2 for a cross to occur in the direction of the trend.

4. As soon as the cross is about to occur u need to look at Stochastic, adx, Denapoli MACD Histogram to see if they are in the correct postion n the trend that is developing will be a genuine one ie not a whipsaw or a fake signal.

5. The u quickly look at william 36 and ergodic to see if they have both changed directions if they have then GET READY TO PLACE A TRADE. As soon as William 36 and ergodic cross the trend will accelerate n make u big money lol.

PLEASE BEAWARE THT WHEN THE CURRENCY TREND GOES BELOW 0 OR ABOVE 100 IN THE FIBONACHI LEVELS U NEED TO BE CAREFUL N BETTER NOT TO PLACE NEW TRADES.
__________________________________________________________________________________

Well iam using the same strategy as the one i listed in detail on above post. Its just a strategy that i have made up myself using all the stratagies that i have read and practiced to suit my trading style. Since then i managed to fine tune the strategy furthermore after following it in a decepline manner. I just cant beleive the way its working.

I USE METATRADER QUOTES AND PLACE TRADES ON FXCM

These are the indicators iam using:

-----------------------------------------------------------
Bollinger Band (default setting)

EMA 50 (short)

Daily Pivots (make sure u turn the Camarilla to TRUE in the properties of the indicator) .

Stochastic (Default setting)

William 36 (Default Setting)

Denapoli MACD Histogram (default setting) - This is my magic pill indicator smile.gif which is a fine tuned Macd . The reason i use this is to remove whipsaws and get a clear picture of wots going on.

Finally place FIBONACCHI RETRACEMENT for the day on the chart.
-----------------------------------------------------------

Well i managed to remve a few of the indicators from my previous post.

This is wot i do

1. Look at the daily, 4hr, 1hr, 30 min and 15 mins charts to check the big picture of wot exactly is happening for the day. Also look at the 50 ema on the charts and check wether its below the currency trendline (bullish BUY movement) or above the currecny trendline (bearish SELL movement) on the 1 HOUR CHART N THE 30 MINS CHART.

2. Check between which Fibonacchi retracement level the trend is currently at e.g. 61.8 to 100. Then look at where all the pivot points are between the fib levels.

4. THIS IS THE IMPORTANT BIT - say for example the 50 EMA is below the currecny trendline on both 1 hour chart and 30 mins chart which indicates the market is goin up (bullish). Now check the Denapoli MACD Histogram ON 30 MIN AND 1 HOUR CHARTS and see it it also indicates a upward bullish trend forming if so then jump to the 1 minute chart.

5. Then u quickly look at the 1 minute chart and see where exactly the currency trandline is between the FIBONNACHI RETRACEMENT LEVEL N PIVOT POINTS. if there a gap of about 10 pips or more towards the next pivot point or fib point UP (bullish movement) then u can place a trade dance9bh.gif smile.gif. if they are not u can use the stochastic and the william36 to see wots happening on the 1 min chart and wait for it to occur.

6. So remember the whole point of the gamu is u trade ONLY BETWEEN PIVOT POINTS AND FIB LEVELS if there is a 10 Pip or more gap in the direction of what the 30 minute and the 1 hour chart is showing u in regards to EMA 50 AND MOST IMPORTANTLY THE Denapoli MACD Histogram smile.gif . ALWAYS PLACE UR TRADE ON THE 1 MINUTE OR 5 MINUTE CHART.

U can catch between 5 - 20 pips per trade with this strategy. Each trade takes me on avarage about 40 mins.

I've been using this strategy since 14th April and has been over 90% consistant.
PLEASE NOTE : DONT AIM TO CATCH TOO MANY PIPS IN ONE GO. Just get in and get out ASAP. Also set limits to your profits at the next pivot or fib level (which u keep the 10 pip gap for) from and a stop loss at about 30 pips. This strategy works very well on GBPUSD. I have recently strateg using them on other pairs with very good results as well smile.gif .

I have posted my trading results below since i started trading demo with fxcm on 9th of april which has over 50 trades smile.gif . Just look at the results from 14th april when i put this baby on.
______________________________________________________________________________

Hedge Hog - Daily Strategy

2006-05-11T11:15:00.000+08:00

Hedge Hog Strategy

STRATEGY OVERVIEW:

Each day Monday-Friday at 00:00 GMT since market is closed), you enter a BUY and SELL for the EUR/USD pair (some systems require you to HEDGE in order for the opposite order not to be closed) with a LIMIT (TAKE PROFIT) of 14 pips. Most days this will give you 28 pips profit.

Other pairs besides the EUR/USD have been looked at but not studied in depth to determine if they are suitable.

HISTORICAL BASIS FOR STRATEGY:

After reviewing historical data from GMT (nothing done on Saturday/Sunday at 6/23/89 to 2/13/06 (over 15 years) I have observed the following:

With a LIMIT (TAKE PROFIT) of 9 pips:

BUY orders were successful 89.1% of the time (3855 out of 4326 closed in profit)

SELL orders were successful 91.1% of the time (3944 out of 4326 closed in profit)

In both BUY and SELL orders there was less than 1% risk of neither being closed on a given day.

With a LIMIT (TAKE PROFIT) of 14 pips:

BUY orders were successful 83.5% of the time (3613 out of 4326 closed in profit)

SELL orders were successful 85.7% of the time (3707 out of 4326 closed in profit)

In both BUY and SELL orders there was less than 1.5% risk of neither being closed on a given day.

With a LIMIT (TAKE PROFIT) of 19 pips:

BUY orders were successful 77.4% of the time (3350 out of 4326 closed in profit)

SELL orders were successful 79.3% of the time (3430 out of 4326 closed in profit)

In both BUY and SELL orders there was less than 2.5% risk of neither being closed on a given day.

Orders NOT Closed

About 80% of the orders placed will be closed in PROFIT each day but there are days when either the BUY or SELL (and rarely both) are not closed. What do you do?

95% of the orders not closed will be closed within 1-3 days (usually the next day). If an order is not closed within 48hrs of being opened, MANUALLY CLOSE the order and DOUBLE the number of lots for the new orders the day just beginning (for which ever direction was not successful (BUY or SELL). NOTE: Orders that were not successful for 3 days in a row only occurred 15 times in the time period studied (less then 3/10 of a percent).

SUMMARY

Each day at 00:00 GMT (Monday-Friday) place a BUY and SELL order (or HEDGE) for the desired pair (EUR/USD) with a LIMIT of 14 pips.

If after 48hrs an order has NOT CLOSED then manually close and place your order for the new day for double the lots (BUY or SELL). Only double the order that was not successful (i.e. if it was a BUY that you manually closed then double the lots but place your SELL for the new day as you normally would).

Nina's CatFx50

2006-05-10T20:42:00.000+08:00

Here you are with the easiest system of the FOREX world.

Plot an EMA50 on majors. Time Frame 30.

We play the cross here. You buy when price crosses EMA50 and next bar opens above it. And the opposite for sell.

Can you tell me how many pips could you have made today on cable?
And yesterday?
And on Monday?

Great, isn't it.

You only need an EMA, a single, naked EMA.

Are there false signals? Yes, mates. There are. But, if you are not greedy and avoid news time, you make more wins than loses.

Today cable was a sell at 1.7384 and it has made a low at 1.7290.
CHF was a buy at 1.3076. It has made a high at 1.3159.
EUR was a sell at 1.1772. It has made a low at 1.1703.

Could we avoid false signals? Yes, we can or reduce them at minimum.

Enjoy!!

To be continued

Nina

UPDATE 16-03-06:

RECAP of CatFX50:

Plot Hist_Step_MA_Stoch_KV1_Ex_02 set at 2000 bars.
Set filters on Step: +0,04 and -0,04.
Plot Inverseind with EMA50 (optional).
Plot EMA50 on chart.
TF: 30 minutes.
Trade time: 08:00cet to 18:00cet

Standard or Level 1 signals:

Buy when price crosses EMA 50 and new bar opens above. StepMA_Stoch must be green.

Sell when price crosses EMA 50 and new bar opens below. StepMA_Stoch must be red.

If price and StepMA_Stoch crosses are simultaneous, the better.

Level 2 signals (riskier):

For instance, when price is above EMA 50 with StepMA_Stoch in green. Price then opens one bar at least below EMA 50 and StepMA_Stoch keeps in green mode. When price opens again above EMA 50 with StepMA_Stoch validating (green), we can buy. The opposite for a sell.

Level 3 signals (riskier):

For instance, we are in bullish mode: price above EMA 50 and StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. StepMA_Stoch changes to red. We buy when price goes up again always validated by StepMA_Stoch that should change to green again.

Something to take into account:

Pairs to trade: EURUSD, USDCHF and GBPUSD.

When bar opens more than 20 pips above/below EMA 50, the signal is riskier.
Plot FiboPivots and Camarilla L3 - L4 and H3 - H4.
Do not buy/sell, for instance, EURUSD because GBPUSD has a signal. Wait for the signal to come in each pair you want to trade.

FOCUS, PATIENCE AND DISCIPLINE.

Level illustrated:

Another Trade system

2006-05-10T20:40:00.000+08:00

http://www.tradecurrency.ca/daytrade.htm

Description: An intraday trend following trading method, using the following indicators:

5 period WMA
10 period SMA
Slow Stochastic (5,3,3)
RSI (14)

MACD (default)

Rules: Add the above indicators to your 10 minute chart. Only take trades between 8AM-12PM EST and/or 2AM-4AM EST.

BUY the exchange rate when the 5 WMA crosses up past the 10 SMA and the Stochastic is signalling up, RSI > 50 and the MACD histogram >0 and MACD averages crossed up.

SELL the exchange rate when the 5 WMA crosses down past the 10 SMA and the Stochastic is signalling down, RSI<50

http://www.dailyfx.com/FinanceChart.html?symbol=EUR/USD

Not now,but later, at 2 pm EST (new york time) the forex will be open again.
But not trade with real money, cause 2pm est is too ,see the rules above,but u can test if the indicators works.

GBP/USD- "Set and Forget it" Trades. by Big Pippin

2006-05-10T20:37:00.000+08:00

Hello everyone!

I am trying something new. For those of you who have followed my other blog at http://pippinainteasy.blogspot.com , this is another one that I'm trying out. This time it's more of a "set and forget" type deal so that hopefully, the people who can't day-trade can benefit from this. I will not be posting system specifics, but I will simply be giving out buy and sell recommendations, along with stops and targets. Here are some notes you should read before trading these signals:

1) Disclaimer: Remember, only you control your own money. These are simply recommendations that I, myself, am trading and am not guaranteeing that you will make money off of these signals. Trade at your own risk!

2) All trades are taken on the GBP/USD, 10 minute charts. I use FXCM as my broker.

3) All signals will be posted around 8:00 am EST.

4) Close all your trades at the close of the 2:00 pm EST candle.

5) If the first trade triggers but then loses, you can still leave your other order open until 12:00 pm EST. If your 2nd trade is not triggered by 12:00 pm EST, then cancel the order.

6) If the first trade triggers but then loses, you can reset that same entry order for a re-entry. If the re-entry doesn't happen by 12:00 pm, then cancel that order.

7) If neither of the trades trigger by 12:00 pm or if you still have an entry order in place that hasn't been triggered, cancel all orders.

8) When midpoint is hit, move stop to breakeven.

9) On news days (I will notify which days are news days) do not place your orders until 8:40 am EST. If the price is out of the range, wait for price to close back within the range (I use 10 minute charts) before placing the orders. If price doesn't fall back within the range, simply stay out of the market.

*************************************************

New Rules (beta):

1) Disclaimer: Remember, only you control your own money. These are simply recommendations that I, myself, am trading and am not guaranteeing that you will make money off of these signals. Trade at your own risk!

2) Trade 2 lots for each trade.

3) All trades are taken on the GBP/USD, 10 minute chart. I use FXCM as my broker.

4) All signals will be posted around 8:00 am EST.

5) Close all your trades at the close of the 2:00 pm EST candle.

6) If the first trade triggers but then loses, you can still leave your other order open until 12:00 pm EST. If your 2nd trade is not triggered by 12:00 pm EST, then cancel the order.

7) If the first trade triggers but then loses, you can reset that same entry order for a re-entry. If the re-entry doesn't happen by 12:00 pm, then cancel that order.

8) If neither of the trades trigger by 12:00 pm or if you still have an entry order in place that hasn't been triggered, cancel all orders.

9) When midpoint is hit, close out 1 lot and move the 2nd lot's stop to breakeven.

10) On news days (I will notify which days are news days) do not place your orders until 8:40 am EST. If the price is out of the range, wait for price to close back within the range (I use 10 minute charts) before placing the orders. If price doesn't fall back within the range, simply stay out of the market.

I think that's it for now. I will be updating this post whenever I feel necessary so be sure to check it every now and then. It will be the first link at the top of page. If you'd like to see the trade record since the blog was started click here.

Cheers and happy trading!

-BP

http://www.moneytec.com/forums/f59/gbp-usd-set-forget-trades-18745/?

Trading Eur/Usd with uncle Elliot

2006-05-10T19:57:00.000+08:00

I am going to start a new thread with my simple Elliot Wave trading system.
I am doing this so as not to clog up other threads and also as a personal diary where I can keep track of my charts, analysis and trades as I go. EW trading incorporates many other TA techniques such as trend lines, s+r levels, fib. levels, divergence etc etc. When trading EW, what I am looking for are the major waves, to trade these and to get about 50% of these moves (anywhere between 50-150 pips). As the thread progresses I will add my thoughts and the way I trade the waves so lets me begin.
PS: I am by no means an expert in EW's and am learning as I go, I have been doing this for 6 months and know that I have lots more to learn and that this thread would be a good way to continue advancing. Also my notation is not to EW standards and I hope to improve this as I go.

Entry#1 4Hr chart
End of european trading July 6.
Euro is in minute wave iv up of the larger 3 down. The previous wave iii bottom was at 1.1867 and wave iv has now corrected to 1951 but not cofirming this as the top yet a break below 1.1890 would confirm this wave iv and the start of wave v down to a target of 1.1830. Wave 4's are messy affairs at times and trade these only if you are a good scalper. Levels to watch are 1.1955 and 1.1900. In between here for scalpers only. Long above close of 1.1980 and short on close below 1.1890.
See Daily chart below and 4 hr chart in the next entry

http://www.moneytec.com/forums/f59/trading-eur-usd-uncle-elliot-15582/?

Teknik Exiting

2006-04-07T16:41:00.000+08:00

I hope this will help. I took notes when I studying catfx50. When I saw one post his thought about exit strategy I will record it on my note. Here it the result .

Exit:

We have a nice system but we shouldn't trade it blindly. Never!!

scale lots and switch to TF5.

CatFx50 makes money 98% of the time. It is free. You have a powerful entry. You only need a EMA and an indicator (a filter) to validate the cross. That's all you need. Now we are tweaking the exit. We'll make it. Sure

1.StepSto_v1 (5,5,3) (---when corossing each other, exit)is the best I've seen so far for exits along with Stochastic. We should keep searching

2.StepMA Stoch setting:

PeriodWATR 10
Kwatr 1.1
HighLow 1

3.Use WCCI 13 cross back at +100/-100 for exit...///Add CCI turbo 6 or 14 and level +100/-100 and you can use it for razor sharp exit...

4.Parabolic Sar set at 0.02 and 0.2 could be another way.

5.HMA 21 3 0

When the color change exit!

HMMA is more than enough to find the good entry and exit points after a considerable amount of screen time

6.Plot 50EMA on Inverseind. Nice and earlier signals.

7.Hi all,
First off, I don't know if I've said thank you to Nina yet for posting this method, so Thank You.

Second, I'd like to suggest using StepMA v6.2 with a Length setting of 100 (everything else default) for the exit. After looking at the code, I still don't really understand how it works, but in many of the trend-following systems that I'm testing/developing, this indicator has really helped with exits. Basically, once in a trade, stay with the trade until the step turns against you on the Close of the bar. If the step goes flat, you stay in the trade.

This thing does a really good job of keeping you in the trade for the big moves and not letting you get stopped out due to a small retraction in price. Of course, this will never get you out at the very top or bottom of the move, and sometimes you may give some profits back, but the abililty to stay in the bigs moves more than makes up for that (IMHO).

8：I used this indicator for exit. MaksiGen_Range_Move.mq4

I exit for USDCHF with the price 1.2738 or 1.2739. It is almost the same with Nina. If the price touchs the resistance line of this indicator I exit. It is Low (if you click on the bar you will see Price open, close, low etc). It is the same with any EA: price is touching or crossing some line (resistance line or the profit level line) and order is closed.
Problem is that these support and resistance lines from this indicator are the dynamic lines. It means these lines are moving sometimes.

How to use this indicator:

When you attach this indicator to the chart you will see two high lines and two low lines. And the trend lines. And sometimes you may see the level of buy stop or sell stop orders (you may place this orders if the price will break all the S&R lines). These high/low lines are the support and resistance (S&R) lines. The price may stop near these lines for simetime, or to break the lines out.

Some people are using this indicator to trade when the price is breaking these lines (first resistance line or second one) following the indicator's instruction for buy or sell orders (you may see it from the image attached).

The other people are trading following the trend line and support and resistance lines to manage the orders and for exit (for the orders which are already opened).

If we opened the order we may use this indicator just to inderstand when to exit (and why). Usually people are using this indicator on M30 and M5 timeframe in the same time.

These lines are the dynamic lines. They are changing but if you can see from the image nothing was changed during the several hours already. On M30 timeframe the lines are changing if all the situation is changing (one or several times per day may be).

Together with this indicator are am using static support and resistance lines from the indicator attached.
http://www.forex-tsd.com/attachments...f?d=1137589221

9.http://akuma99.blogspot.com/2005/11/theory-when-to-exit.html

10.http://www.investopedia.com/articles/trading/04/092904.asp

11.http://www.forex-tsd.com/indicators-metatrader-4/932-devdestination.html

12.I sell the first lot at the 38 Level, the second lot at the 55 level and the third if i get it at 89 level. In the evening i take what the market gives me if i still have positions
http://www.forex-tsd.com/attachments...g?d=1139334355

13.
After following and re-reading this thread for some time I am amazed by how much input there has been to constantly analyse, test and improve something soooooooooo simple......that merely started with a bare naked 50ema....like you say!!!

Yet you constantly stay open and encourage new ideas....so here's another one!! (btw How's CatFx16 coming along?)

I would like your thoughts on this simple idea:

You said "you typically go to a 5min chart" to "fine tune" your exits manually off of supports and resistence and fibs and pivots....don't most discretionary traders do this?

To help our exits, I suggest we employ a 5min chart running in the background with the following alert set up as the assistant to our CatFx50 30min charts.

The Simple 5min alert:
Stochastic 5;3;3 5min tf

We know, the standard Slow Stochastic is plotted as two lines called %K, a fast line and %D, a slow line.
" %K line is more sensitive than %D
" %D line is a moving average of %K.

and that the 80% value is commonly used as an overbought warning signal, and the 20% is used as an oversold warning signal.

BUT......I am finding the signals become even MORE reliable if you WAIT.

Try this: (demo of course!)

on an uptrend, enter the exit (or a reversal!), when the fast, %K line, is >95% AS LONG AS the slow, % D line, is <90%. ( if %D is above 90% it indicates considerable strength may remain in continued direction).

on a downtrend, enter the exit (or a reversal!), when the fast, %K line, is <5% AS LONG AS the slow, %D line, is >10%...(same logic regarding remaining strength.)

OF COURSE..........EVERYONE use all other discretions/rules regarding support and resistance, daily trend, trading times, news events, candle formation etc. for exiting the trades (this use of the stochastic is meant to be HELPFUL to the "ART" of exiting NOT a mechanical answer to prayer!!

If this is helpful to our exits, we would simply need an alert signal for the slow stochastic indicator that is structured for the above.

It would simply trigger on the fast %K line equal to or greater than 95% and below 5% and run in the background while we moniter our 30 min charts!

If this is a bad idea then please just throw it out....and we will keep moving on polishing this "holy grail"

14。I try found exit for CatFX50, setting MACD 45,144,9 (someone post this setting by picture here) level 0.0015 and -0.0015, RSI 14 combine with StepMA only Blue line
for reading if CatFX50 give signal up then create some point and after that RSI 14 move below blue line and MACD signal (green line) still hold below 0.0015 it's good point to exit see pic1
for opposite see pic2
if price want more pips up we jump again when RSI cross again blue line and MACD signal move above 0.0015 level for confirm (see pic3) and exit when yellow line cross blue line and MACD signal downtrend (see pic4) but by this entry we not at the first boat and usually we missing great pips and need another filter for collecting every pips

15.read all the pages and i have almost all indicators but i miss only one and i cant find it now :Stepma stoch ...i have StepMa_stoch but as i could see from one post they are not the same.Can someone please post it again please.
As for exit i agree to take 15 or 20 pips as this is crazy market and let other part run.Try to use Supertrend indicator for exit.
This system is very good,i used before entry when MA5 crosses MA34 but with no filter (my cousin who teached me trading did not tell me about filters
so i lost almost my whole account later...mostly due to lack of confidance after big loses) and those 2 systems lookes almost the same.MA5 with MA34 is old system and many traders out there use it with success.
Bunny system is simular,WMA5 with WMA20 with 25-30 pips filter but i found NIna's is best for now due to indicators maded and it is fast (no lag) almost like you look at price action.
I hope one day we will made our brokers to forward our trades and not to take other side so with plenty of Nina folowers (all trend folowers) we could move he market like in old days...few years ago when forex was a lot easier.

Keep up good work;i am sorry that i can't take a part in programming mql4 (i am educated programmer) because i am tired right now from learning new languages and mql4 does not look to easy (i learned CTL(GFT platform),easylanguage for prorealtime,tradestation...) but it would be grait if someone could make EA with this system with variable exit strategies.