Started with Maxis...

my chat with trading buddies today:

A: Sesaper ader duit lebih tuh boleh lar proceed… TP kat RM 4.95 kalo telor besar tgu sampai RM 5.30

Tersenyum lebar Ananda kat umah bila baca news nih.. “tak kesah lar lu mau letak brapa, yg penting masyukkk”

Maxis Dominance in Malaysia's Phone Market May Limit Stock

B: Sapa nak aku punya, nak letgo 5.3 nih

A: Hahaha leklu tgu dier jatuh 3 hinggit kui

C: Kang dia naik 7 inggit kang

A: Tujuh hinggittt ader org tuh makan tak abihhh larrrr

D: orang kata dia akan pickup kejar digi, baik ko beli aku tgh offer 5.3 ni haha

A: Pickup DG? Huhuh naper lak ko nk jual.. baik tgu match Digi hahaha

D: betul jugak hahaha .. hampeh nak speculate sket pun takleh.

gua mmg akan letgo masa tedekat ni, pasal mau pakai itu duit la

E: Aku suka tlg kengkawan….jual kat aku 2 hinggit

C: Aku up sket…2.30, bayar dlm USD

A: D accept deallll cepat! RM 8.05 tuh

B: Dah lambat..aku dah pegang dia punya 360degree..dia nak 1 ker 5..kalu nak 5, aku beli singgit jer…

D: demmm.. C, sori bos dah pigang da

E: Takper la rip lu tgu next candle

A: Next candle atas pivot tp CIBC 1.4895 kaco… C ko py dh slamat dah tuh.. tutup cepat stoch 533 sumer kat atas dah nih

C: Belum lagi..aku 98 TP 02 sudah

A: Sudah match buleh open tab dah nih hahahaha

C: Haa…bole…bole…ada la 60 cents. Mau?

A: Tak sampai hati lar kui

Xper tgu D py maxis… roti canai cecah kari kambing hahhaa

D: no prblem bai, cecah rm5.30 je kita jalan

F: ckp banyak la sirpipsaA.. ko la open tab... dah berapa bulan dah kereta ko tak bayar pakai duit gaji! apa kata channel kan kat kawan-kawan sikit duit yang lebih tu?

A: skali dier dah bangun tidoo larrrr…

p/s: bunyi mcm ader org losing pips jer kuikuikui

F: mmg tgh losing pips ni... wa tgh panas... silap percaturan la hari ni!

A: Rilexx wa kuda 2000++ kuda wa lari ntah kemana.. so far 5 jer baru jumpa jalan pulang…

C: Damn u EU memacak lagi…pecah itu trendline suda

A: Sebab tuh wa tak main kuda… Wa pakai Keldai senang jaga… (keldai)

E: Tapi keldai lu kuat mkn….-292

A: Yg kuat makan tuh kuda…

C: Kuda liar yg meragut di tepi ladang

E: Tu sebab gua prefer kuda mainan less maintainance. Tak cantik buang. heheheee

A: Lu x main kulit siput tepi pantai dah ek

F: arkghhhhh... y oh y????

E: Besar sikit…kupang

A: Saper nk beli kuda gua … timbang kati sudah lar.. dekat 2 minggu dah wa simpan nih…

dah lar asik langgar dinding, makan pun kuat sedang elok sembelih jual kat pasar tani nih.. gumuk2 woooo

E: Lama sgt idup takut liat

D: aku jual ikan kering jer lah.. kuda asyik belari jer

F: yep, kita orang ni ternak kuda la... tak tau pulak ko dah join jadik petani mcm kitaorg... tak baik tau ko main kuda kat kedai 4D! iskh.. iskh

F: suddenly i love my horses... 20+ ekor dah jumpa jalan pulang dgn bagasi-bagasi mereka!!!

A: Traders sumer dah lepak kat bar larrr

endup with kuda ku lariiii mana nak cariiiiiiii

This Is It!

Remember my New Start entry 4th week of Oct? I try to smash my trading buddy record start minimum balance and try get as to increase it as much as i can...

The result? I failed hahahhaa
My Mistake? not prepared & minimum balance less than USD 50 should not use Script or basket OP!

Then i take a break (holiday) from Fx again... relax... prepare my strategy (Trading Plan) get rest and created good moods before i decided to start again on Nov 4, 09.

Started with USD 100 & additional fund USD 600 for my newly serious trading... no more playing around!

this when i started. (yellow circle)

During that time USD in the worst nitemare. The fuel price started to increase while Euro in perfect strength. Together with the external indi and internal indi I start with buying EU plus minimum short position. The short only taking advantage when the candle bounced with minimum TP. This also including taking basket opportunity when it possible and permitted.

On Nov 5, 09... USD Interest Rate News i managed to take as many pips as i can and the result are good when it start... however, over confident attacked. I make silly mistake and losing pips like leaving my water tap open... which until now the tap still not closed.

My running water tap cost me - 1813 pips! and this is the prove (noticed the entry day and current date?)

There was a time im losing 3000++ pips due to wrong judgement, you may refer where the candle go after that... EU itself rally 326 pips tops on Nov 10, 09 start from where i OP sell all 14 pairs!

What should i do next? started with losing pips on the 1st day just after the interest news i concentrate to minimise lost which i go back to basic - manual trading and follow trend just for EU... no more script & no more basket! i until today i managed to stick with my trading plan and the result was tremendous hehhehe at this point of time im think about what my long time fren says... "the tren is ur fren bro.. jgn lawan tren..."

following the trend up up up up the down down down and this is what i achieved today...

53.5% increasing of equity from the day i started on Nov 4, 2009

float max at USD 300++ with 3000++ pips

73% float reduce

minimum margin level left less than 5oo% increase to 6500%

With this result i decided to reward myself, wife and my little princess for their understanding since the day i started i joint Fx 4-5 months ago... and no more car loan payment using pocket money!

Happy pippings!

USD Interest Rate News

After another few days holiday for me from trade. I planned my come back with as many pips i can get. Yet today, pips seems like running away from me hahaha.

I started a bit late around 2100 hrs which i missed few news in the afternoon session and early evening. as a moving forward i'm targeting 0215 hrs news patiently...

after waiting... and waiting... and my clock showed 0243 hrs at moment i wrote this entry "bulan tak jugak kunjung tiba" hahhaaha the news waited not showing and there is nothing or any indi that its will happened very soon... or maybe the speaker for FOMC Statement today purposely leave the interest statement at the end of his/her speech so that all the reporters, journalis, traders and me hear/watch him make a speech until to the last words hehehe.

should i wait or go to sleep hug my lovely wife on bed?


the answer is......
feel the heat next to my wife!

p/s: today no happy pippings hahahhaa

sorry guys... at 0330 hrs


and this is what happened when you not following trend... losing pips like leave your water tap open ahhahaaa


Notice the major trend for past three days?

JPY call the Day!

since morning JPY started to take a revenge on their weakness for almost 3 weeks. JPY strength getting clear, with this position, i have close all buying pair and replaced with sell all JPY pair just after friday prayer. After few hours the short doesnt go well as i predicted even we saw JPY strenght meter has reach up to 8.29, there was a time i say i have losing 300 pips but the JPY still showed its strenght with currency strength start "geli-geli" at 6.00 to 7.14. I decided to just let it be there eventhought i know its Friday where major or big trader will close all their short position since monday today especially bankers who need to close their account for month end which usually will trigger major trend movement or trend break.

After a while, during the night time i check my early short position for all JPY pairs and i was surprise it goes well and my 50-50 chances prediction become profit which manage to TP all pairs with 670 pips...



while im typing this entry again with the major trend still showing short position, i try my luck with sell all 14 pairs and below is the result after few minutes. 70 pips collected and secured!



As a normal human, the greediness are unavoidable and i place another order to sell all JPY pairs that resulting loss after few minutes entered... im losing 100++ pips and increasing... sigh!



its look like my sighh not that long... managed to TP with another 70 pips hehehhe



enuf for today... nite2 and happy pippingsss!

JPY keep on calling me!

New Start

I managed to take out all the profit and capital last week after few days of disappointment. After a week holiday from active trading i start with minimum available balance with an objective to become more patience. never try it before, but my trading buddy has done it with minimum USD 20 become USD 300 within a month. He never go to class like what i did, he does totally naked trading (for me) just using the chart, no MA, no auto pivot & SnR... just the candle and MACD. for me what he has achieved are impressive! 1500% increase of equity in a month.

Today i started with USD 2.59 in hand try to break his record.



as usual, i will use what ever indi i have in my chart, the heatmeter and external data such as news, information from forum. As for today we noticed that USD has strengthern its position and manage to short 200++ pips (EU) since monday and few wave have appear.

The strategy will take oppurtinity to buy and sell EU with TP to secure (3-5pips). and some ocassion 1 pips for big scalping also will do even i am aware that the risk to high when you only have minimum balance in hand.

Will i success? the time will tell and the progress of this start will be updated when time permitted.

Happy Pippings!

Test My Limit

This test are not suitable for those who have kardio problem - according to Sifu

so i today i test my linit by selling GBPJPY when reversal signal appeared.
The screenshot will tell you the lesson.

Before


after 3 hours


Do you spot the different?

i just realise that this is done on my live platform after dinner huhuaaaa

since my GJ open last few days i let it run by itself... up n down, up n down like Little Einstein Song... tired running and singing my GJ final close by its own... yesterday (20 Oct 09).

From the test its showed that i did not have limits! no wonder i like to say "Limit is only my imagination".

Lesson learned. I need to set a limit in Fx or the limit will came to me:
1. limit how far can i go before close the OP
2. limit how long i can strecth my arm in Fx
3. limit on how much that i need for each OP
4. limit on how much im willing to lose for OP
all the above should not applied to me, but to everyone out there...

Second Day Test Result

I’ve been requested by my forex buddies to make entry here on the result and guideline how to use the new method, on my testing using new method developed by our sifu and his other otai at Oasis. Above is the second day testing with their method after struggling to see all the indicators provided which now I have lots of indicators and overwhelm inputs which resulting me - unable to digest all in one time until I have a feeling "how to trade meh"? Which one to use, this indi explain what? This meter for what, how to read this heat meter. Argggghhh!!!!! my forex buddies know what I meant, after I complete install, loading and setup their trade platform huuuuhu

Second day test result

As a start I decided to continue with my manual trading method companies and testing the currency strength meter method.

Result from the testing are surprised me! Which for my manual method its will take lots of time to collect that much pips in one session. On the red box I started morning around 1000 hrs, the meter showed that GBP are strong which reached 8.00 in the meter then I start using the script for GBP…. Wallllllaaaaaaaaah 7 pair entered into my trade terminal within a second! With the setup TP at 10 pips the pips counter started with RED FONT which means I’m in a losing pips position started with -15 and increased up to -70! Its meant im burning my money now! Go back to chart, my manual method showed that trend is still at my side but I have placed the script a bit late compare to others trader worldwide… with 7 pair in my LIVE terminal… losing money is easier than thought!

Keeping in mind that the trend for each pairs are at my side I hold ….. 2 hours later? The TPs started to match and the pips counter become green … sound relief huh “muka ada senyummmm” of course hehhe…. (please refer to pairs in the red box)

Later on during afternoon session alert by the meter that JPY weak! Then immediately I check other indi in my others chart… everything tell me to proceed. Again using the script, another 7 pairs appear in my terminal… pips counter is RED! Again panic hits me… thought I already make immediate decision but the result looks like I make decision too late again? After a minutes then its become greener on the pips counter…. It was false alarm for me, since this testing so im still learning it and try to digest the information… pips counter showed red due to total spread! Hehehehe again the new method caught me! Within 10 minutes pips counter keep on changing color red/green within a second or two … whats wrong? Again check other indis, indis showed me the trend is gaining which immediately I drag another JPY script to the chart window. Another 7 pairs enter my terminal huhuhuhu burning money again? (green box)

One by one the pairs has started matched the TP set with the script and continues with others. When I saw that the pips counter is green and the pips count started to slow down plus two of my pairs has matched their trailing stop lost which always running by the expert in my terminal. With positive pips in hand, I decided to test another script “close all” then… one by one my pairs closed automatically in less than a second interval… (refer dotted red box) WOW that easy! hahhaa

That’s all for today test summary!

“Happy pipping”

EU 1.4818 Touched!

Last nite traders worlwide take the opportunity & advantage on the event of bank holiday for USD. As a result we saw that EU touched last week highest 1.4818! I am saying this is due to no significant news that can contribute this movement appear none for Euro and USD. Seems like all the traders have the same thinking by continously rallies as what they did in early October after few short waves that effected long rallies before that. This taking advantage situation has resulting the rallies to new high as predicted by others 1.5000 continues…

will 1.5000 materialised? or
will the traders feels its enuf with 1.4818 and start with short?

Frens ask me this morning:

Q: What best entry for buy?
A: I am not buying today until the short trendline break. For scalping range 1.4765 until 1.4777.
Can trade with buy/sell ikut selera hehehehe
Since this morning managed 20-35 pips already huhuhu