Range Outlook

London trader has finished her trade during lunch time, now what US will do? I like this stuff, counter trend, if we know how to handle it. I think 10-20 pip we can afford just be patient, wait for its market average range fill up. Then with analysis i think we can grab enough pip. Its one pair how about 2 pairs, with 3 main market??
Pip = 2*3*10
Pip = 60 pip per day,
hmm not bad huh? if we are full day trader i think we can make that, so never give up there is another path if we serious about forex business,

How about EU??

Still hold my mimis position huh? bad trade, dont ever try that at home...
Salam GGH

Flag trade???

Hehe, main trend is downtrend, so try to put 'flag' on retrace move, we'll see
Update: hit SL huh, better to watch over my trade before i leave that,

Next
wait if that breakdown another shot, i think :P

Sell GU bro

GU try another shot, hmm, weekly or daily???
lets see,
Salam GGH

USDCHF Triple Bottom

Hehe, USDCHF triple bottom kah? yang penting ada SL nya bung,
Salam GGH,

Update Hit SL bung, too close put my SL

EURUSD 50 %

Sell again, 50% retracement fibo, we'll see...

Wednesday, 27/04/11

GBPJPY balancing area, we'll see...

Tuesday, 05/04/11

Come on get to 1.6123 please,

Please, try this at demo first

I think, today POC will be strong resistance, so i took buy with signal from KG_Daily_BS_pivot, today BS_pivot have crossed UP yesterday BS_pivot, so i guess this is where GU will continue move up, hmhmhm, but i took it at demo account >.<

Wednesday, 30/03/11

Just get stopped out two times today huh,
at EU, i think she will move up after i saw it play above LSMA and look US market agree with its bounch at IBL, but i got stopped out -30 Points, hmhmhmhm,

Tuesday, 29/03/11

Already buy GU, she look like bounced at SD-3 daily, but LSMA still down, hmhm,
Wish me luck ^^
PS : Already hit SL @BE hmhmhm,


Now i am sell EU, LSMA pointing down, and now she has reached IBH for US Session,
my target is IBL and i watch for low yesterday,
PS : hit SL @BE again , hmhmhmhm, next day i will try again,

Monday, 28/03/11

I am try to figure out that non daytime trader has enter enter trade. And it make GU move break IBH today at US session, now i see she has move above daily MA and LSMA also pointing up.
We'll see, is she will filled the empty seat? at yesterday MP you see low usage area and now she look like move to that area.
Wish me luck ^^
PS : Update hit SL @BE



Now i am try to sell EU, based on daily BB now she at SD+2 price has move far away from LSMA daily and look she has move to High usage area, so i think she will down to fill low usage area first, before she continue to move again,
PS : already hit SL @BE hmhmhm, wait again,

Finally today target have hit 20 point,
Here is the result:

EU and GU Analysis for Next Week Trade

EU analysis
My analysis said that maybe EU will ranging for next week, there is high usage area at low and high and my prediction EU will fill Low usage area. if it has filled then she will move to Value area, perhaps this month POC.




GU analysis
We can see S/D clearly with Market Profile help. So next target is 1.6142 and maybe it will move to this month High point ^^

Compounding Project From $50 to ...

Hi all,
I am just started to post to this blog regards my trading activities. Now i have my own project just how far i can got from this account. This is only $50 but i wanna know how much my capabilities at this business.
To the point, now i have my trading plan for this project:

• My target is get 20 point per OP
• I have 500 point margin each open trades
• My stop loss is differ and up to my trading system said
• Must safe my account quickly when it get plus about 7 point move SL to BE
• My whole target is won 40 trades in row

Next i will upload some Picture and describe my trading system, but for your curious i am use Maket Proflie for help me take my decision,

Thanks and GGH ^^

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Mr Nice Guy's Trading Quote

Here is some of Mr NiceGuy wisdom words,

Many will try to put a word in your head like this, " TRADE WHAT YOU SEE AND NOT WHAT YOU THINK!". Is this true? For me, This sentence is not alway correct. But it really depends on you.

If you want to trade what you see, then ask yourself ; "Am I seeing the chart corectly? Do I have the skills to see and describe the chart movement corectly? How do I trade what I see if my brain is already thinking at the exact moment my eyes see? Will I put my money on that trades?

See... For me this Trade what you see is another confusing propaganda in forex business. People thinks as a respond to what they see, hear, feel and touch. It's happen instantly in a blink of the eye. No one can stop your brain from thinking at the moment you see. Actually, It takes a brain function to see.

As I said many times before. Nothing comes easy in this job. In order to trade it the right way, you just have to train yourself to see correctly and to think correctly at the same time. If you pass these too much "SEE and THINK" your brain will record that in some sort of statistical result in our head, that's what I call Insting and skills. At that moment your brain will develop and an ability to guess correctly and make a right decision instantly. That's what we suppose to do.

It's like Van Gogh who can make a random brush play on a blank canvas instantly but still it looks beautiful. Or Madonna and Jacko who dance randomly but still looks sexy and fantastic, Or Gary Moore who can play random blues notes but still it sound amazing. That's is a skill.

So for me, Do not trade what you see or think, but train the way you see and think first then trade with the skill you earn from that training.

And also about Phsycology in trading, here is :

Trading is a losing game if you can not control yourself.

- If you afraid to lose, you will lose
- If you afraid to win, you will lose
- if you hope to win, you will lose
-If you lose your hope to win, you will lose
- If you greed you will lose
- If you are not greed, you will lose
- If you are late you will lose
-If you are too early you will lose
- if you get dissapointed and mad when you lose, you will lose even more.


But it's funny how my mentor keep saying : "Forex is like picking money from the floor. It's as easy as that. The problem start only when you start to take more than what you need."

Balance is the key. Learn from the universe around you. How God created the universe and put everything in a balance to make everything work. That's the rule of this universe. So it means, your trading strategy will only work if you can find a balance inside you. Balance between fear and hope. Balance between starting and stoping the trade. Balance between being smart and be a stupid. Balance between doing the trading and doing everything else you are supposed to do in your life.

There's a limit in everything. The price will not climb or falling forever. At some point it has to rest for turning around or continue further. We should learn from it.

It means, we can not break our limit and expect to become a good trader in a day, a month or even a year. We just have to keep punching and kicking our limit step by step while maintaining a good balance inside ourself. Sometimes we have to stop to get rest before we continue later.

Forex will teach you so much about yourself. Learn from it to recognize and overcome your weaknesses. Keep your balance straight, so you can stand on it. If your balance fall, you will fall.

Remember this, You only lose when you lose your money. Missing an opportunity to make a money is never make you a loser. Dont push your luck by forcing a trade, be patience. There'll be plenty of opportunity in another time.

You can check his TS at FF

Some inspiration about forex trading

After surfing on internet to find topic about Renko Cahrting. I found a good thread at FF. Its about Renko and Play Game. Do you like Play Game? if yes you can applied that to forex. Here is some good sentences:

"People understand a lot of Forex seriously even realize it's more like it's the only thing in life, that is totally wrong.
Each job in the world is easier if you enjoy it and trying to understand it as one game. That is why I opened this topic.The name of the thread is Renko Trading for Gamers, yea you read it good .I strive to combine as many games and trade that conveyed the spirit of play on Forex.

There are a lot of similarities with the games and trades.I prefer to play Starcraft and if I compare Forex with Games,there is no difference.

First if you play casual Starcraft you don’t need to pay for tournament as like Forex (demo).If you decide to begin to earn some money you can pay for tournament and try to win as like Forex (try to take pips).

Second, in the game you can not always win, you get someone who plays better then you and deafet you.

Message number two is : If you want to get to the end of the game you must have continuity wins.

In the Starcraft you can applied many strategy to win (rush,air combat ect) but only those strategies that train brings valuable positive outcome as like Forex. Forex has a lot of strategies but only strategy wich you practice, practice and practice you can bring success.

Message number three is : Try to focus on one strategy and just practice,practice,practice.When you have continuity positive results you are good gamers

The same strategy can be applied in countless ways (Remember that). This I said because everyone looking at different things.

Message number four : Each trader has their own personality, their own personal schedule, their own appetite for risk, their own pain threshold and their own bankroll.Find your personality.

The message of all messages is PROFIT+FUN=LIFE"

Very inspiratif, you can try to study this Renko method by visit http://www.forexfactory.com/showthread.php?t=203769

Thanks for visit,

GBPJPY Friday, Feb 12

Click image below to enlarge

Sell on GBPJPY this morning, daily flat. Target MA 48 (Lime).

USDCAD Friday, Feb 12

Click image below to enlarge

Same with, AUDUSD, now i've already take Buy position on USDCAD, basically daily MACD told me that daily downtrend have weekness. I will close this position if MA 8H open close have cross down, and price play below LSMA daily.

AUDUSD Friday, Feb 12

Click image below to enlarge

I've already open Sell position on AUDUSD this morning, daily MACD told me that his daily move will turn. My first target is MA 48 (Lime). I will close this position if next couple hour he play above LSMA daily.

**Update already BEP+1 no pressure anymore..cheers,