Friday, May 8, 2009
THV day3
Today I traded few hours.
I closed a trade too early that could bring me 25 pips net profit. Never mind, those are my first tests and i just need to remember to close my position only when the faster trix change color. Profit: +4 pips
Balance: +27 pips
THV day2
I really don't know if staying 10 minutes in front of a chart and opening only an order (one on an average of 3-5 trade/day) can be considered "a day of trading". Today I traded only few minutes, intercepting one good trade, closed with +4 pips gain. The trades went in a maximum profit of +11 pips, but i closed my trade on my replaced stop loss level just above break even. Today there were almost 3 good trade in total with about 15-20 pips profit each, the one i traded was the worst.
Trend Follower System
Welcome,
As first post I want to let you know about my last results with my favourite trading system. This will be a good starting, i guess. It's a trend follower trading system, discovered on forexfactory.com some months ago. I suggest you to check this dedicated thread on forexfactory.com and read all about that. This is required to understand future posts and discussions. I really like this system, I can find and follow a lot of trend signals with it. As the most successful traders says, the best system is the system fit you best. Starting with a 5000€ account, I've made about 30% (1500€) in only 11 days of trading. Unfortunately I've not enought time to trade all days or for all day long, but i tried to do it in my free time. I've been trading this system since the beginning of 2008, always with positive results. I've tried to miodify it, but finally I've realized the original system was the best. Improving my skills, I've learned how to avoid false breakouts and false trading signals in unusual trading condition.
Edited (23/01/09)
Check the SYSTEM RULES and my personal CHART SETUP to learn more about Trend Follower System. Remeber to see the dedicated thread on forexfactory.com to share your opinions and learn more.
As first post I want to let you know about my last results with my favourite trading system. This will be a good starting, i guess. It's a trend follower trading system, discovered on forexfactory.com some months ago. I suggest you to check this dedicated thread on forexfactory.com and read all about that. This is required to understand future posts and discussions. I really like this system, I can find and follow a lot of trend signals with it. As the most successful traders says, the best system is the system fit you best. Starting with a 5000€ account, I've made about 30% (1500€) in only 11 days of trading. Unfortunately I've not enought time to trade all days or for all day long, but i tried to do it in my free time. I've been trading this system since the beginning of 2008, always with positive results. I've tried to miodify it, but finally I've realized the original system was the best. Improving my skills, I've learned how to avoid false breakouts and false trading signals in unusual trading condition.
Edited (23/01/09)
Check the SYSTEM RULES and my personal CHART SETUP to learn more about Trend Follower System. Remeber to see the dedicated thread on forexfactory.com to share your opinions and learn more.
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Trade your way to financial freedom
Now shared in PDF format, I am happy to introduce you to "Trade Your Way To Financial Freedom" a fabolous book by Van K. Tharp. The main intention of the author is introducing the reader to the trader's world, to the trader's thinking. Here you can learn how to be a good trader understanding the market, aiming your goal and finding the method you need to. A must read.
Click the link bellow to display (requires Adobe Reader):
Click the link bellow to display (requires Adobe Reader):
TF GoldEdition System rules
I've decided to make a list of every things we need to do or check if we are going to open a trade with TF system. This idea born to the esigence to aviod human errors due to incompete checks on a trading situation with a new signal coming.
THINGS TO CHECK for OPEN a TRADE (for long trades):
1 - GMMA Green emas are above Red emas.
2 - GMMA emas must agree and head north.
3 - LaGuerre is crossing 0.15 from bellow and head north.
4 - MACD is above 0.
5 - We see a EMA crossover signal indicating a long singal (Blue arrow) at the first candle or at the following candle.
6 - Check the trend watching major charts. Do the signal accord with the main trend? Is the signal on a support or a resistance point? If we see that the major trend will go in the direction of the trend, take the trade. If we think the trend is about to change or the signal not accord with the trend, give up.
Good exits are much difficults to find, but at the end if you follow the entry rules, you will certain be paid for you efforts anyway. Calculate by yourself for how much the trend will feed your profit... always remember to replace SL to protect your profit and close half lots on the first support/resistance point and let the other half run until slope change color.
The main rules are:
1 - Follow the rules. Once you think you don't need it.
2 - Be patience. You will be rewarded. You could wait for valid signal for days!
3 - Select only valid and clear entry signals according with trend.
4 - Take your profit at the appropriate points (when a RSI worm is displayed for a low risk exit or when slope diection line change color or at fibonacci levels for more riskly and more profitabe exits) and replace SL to protect profis.
THINGS TO CHECK for OPEN a TRADE (for long trades):
1 - GMMA Green emas are above Red emas.
2 - GMMA emas must agree and head north.
3 - LaGuerre is crossing 0.15 from bellow and head north.
4 - MACD is above 0.
5 - We see a EMA crossover signal indicating a long singal (Blue arrow) at the first candle or at the following candle.
6 - Check the trend watching major charts. Do the signal accord with the main trend? Is the signal on a support or a resistance point? If we see that the major trend will go in the direction of the trend, take the trade. If we think the trend is about to change or the signal not accord with the trend, give up.
Good exits are much difficults to find, but at the end if you follow the entry rules, you will certain be paid for you efforts anyway. Calculate by yourself for how much the trend will feed your profit... always remember to replace SL to protect your profit and close half lots on the first support/resistance point and let the other half run until slope change color.
The main rules are:
1 - Follow the rules. Once you think you don't need it.
2 - Be patience. You will be rewarded. You could wait for valid signal for days!
3 - Select only valid and clear entry signals according with trend.
4 - Take your profit at the appropriate points (when a RSI worm is displayed for a low risk exit or when slope diection line change color or at fibonacci levels for more riskly and more profitabe exits) and replace SL to protect profis.
THV System, first day of testing
Here I am came back to my blog, after some months of inactivity. In this period I've not traded much days. At first time, I tried to trade with almost no indicators, with some good results (in particular, with the Cyrox Scalping Method, search on Google for more details). But I decided to abadon this way, due to my deep need to have a solid system to trade with.
So I looked for EAs. I tried to change my negative thought about them, with no succsess.
And now I am here, back to origins, but this time I've found something better than the old "Trend Follower" method.
THV by cobraforex, is a very efficent system now at his third (and final) version. I've been knowning this system since the first posts, but only now it has reached a high level of efficency.
Just check it here on forexfactory.com and you'll be surprised of it.
My goal is reaching an average of 100 pips / month.
This is because trading with 0.2 lot for every 1000 € (or $) 100 pips are always equal to a net +20% gain / month. For example:
Thursday, April 23, 2009
Forex sheet
Welcome to my forex site. thanks for visiting media-forex.blogspot.com I hope you are find what do you want. In this site you will find anything all about forex online trading which one this bussines is the bigest investment offer the world. in this area you will find forex historical, forex information about trade, forex strategy, and most wanted forex e-book, forex broker and so on. and offcourse its all free. If you are not find what do you want you can use search engine button in the top off this blog page for your wanted; for example enter the key; free forex ebook .......... all just for indonesian people, and for people on this earth. please if this site is usefull for you bookmark this link, and dont forget to vote the survei, enter your name to quest book, and post your comment every thread for me to improve this blog quality. enjoy......
Forex Scalping Cheat Sheets
Last week I sent over one of the most groundbreaking trading reports I have come across in over 7 years. It was called the 60:30:10 Principal, and it got so much buzz,it was downloaded over 21500 times the very first day it was released!
Today, the author of that report and highly respected trader and educator, Jason Fielder, has raised the bar even higher. He has just released his own personal forex scalping "Cheat Sheets" that reveal several legitimate "loop holes" in the markets.
Forex Scalping Cheat Sheets
Forex trading can be done short term or long term. Most of the day traders are short term traders who open positions each day and close those positions before the close of that day. Some traders use fundamental analysis as a trading strategy. They are usually long term traders opening a trade for a few weeks or a few months.
Scalping is one of the methods to trade forex on a short term basis. It is a trading style where small price gaps created by bid/ask spreads are exploited. It normally involves opening or closing a position within a few minutes or even second.
Today, the author of that report and highly respected trader and educator, Jason Fielder, has raised the bar even higher. He has just released his own personal forex scalping "Cheat Sheets" that reveal several legitimate "loop holes" in the markets.
Forex Scalping Cheat Sheets
Forex trading can be done short term or long term. Most of the day traders are short term traders who open positions each day and close those positions before the close of that day. Some traders use fundamental analysis as a trading strategy. They are usually long term traders opening a trade for a few weeks or a few months.
Scalping is one of the methods to trade forex on a short term basis. It is a trading style where small price gaps created by bid/ask spreads are exploited. It normally involves opening or closing a position within a few minutes or even second.
Forex Scalping
I'm sure that most people have heard of Jason Fielder by now...This guy's a "rare breed" when it comes to Forex trading. When I say that he lives and breathes Forex, I mean it...Over the past 3 weeks I've talked with Jason 4 times... each of these 4 times we had to cut our conversation short because of his trading.
Forex Scalping Cheat Sheets
I'm not kidding! This guy's obsessed with Forex... has been for many years now. Anyway... amongst the various methods that Jason uses for trading Forex are what he calls "The Top Scalpers". These are 5 "in-house" methods developed by Jason and used by him EVERY SINGLE DAY!
Forex Scalping Cheat Sheets
They're truly unique and he's agreed to release them (complimentary) for a short time...Get them at no cost here (manual plus step-by-step video tutorials). Not only are these 5 methods exclusive (developed by Jason from his years of constant testing and trading) but they're true PIP PULLING machines. A few highlights:
- Each of the methods UNDISPUTABLY breaks every traditional rule
- The secret of "when's the best time to scalp" (99% get it wrong)
- The "micro market" strategy exposed
- The secret to stacking the odds in your favor, with astounding results
- Full manual explaining how to implement each method
- Step-by-step video tutorials
Forex Scalping Cheat Sheets
I'm not kidding! This guy's obsessed with Forex... has been for many years now. Anyway... amongst the various methods that Jason uses for trading Forex are what he calls "The Top Scalpers". These are 5 "in-house" methods developed by Jason and used by him EVERY SINGLE DAY!
Forex Scalping Cheat Sheets
They're truly unique and he's agreed to release them (complimentary) for a short time...Get them at no cost here (manual plus step-by-step video tutorials). Not only are these 5 methods exclusive (developed by Jason from his years of constant testing and trading) but they're true PIP PULLING machines. A few highlights:
- Each of the methods UNDISPUTABLY breaks every traditional rule
- The secret of "when's the best time to scalp" (99% get it wrong)
- The "micro market" strategy exposed
- The secret to stacking the odds in your favor, with astounding results
- Full manual explaining how to implement each method
- Step-by-step video tutorials
Three Swing Trading Rules
Two important trading skills that professional traders can take years to acquire are the focus of a webinar coming your way Wednesday. They are:
1. Mastery of a range of incisive trading strategies
2. The ability to apply the correct strategy to current market conditions
Successful traders aren't born with these skills. They develop them the same way pro golfers learn to select the proper club based on course conditions...through experience. MarketGauge's Wednesday, April 22 webinar will teach you what many years of profitable trading experience has taught its professional traders...
... how to match your trading strategy to market conditions. Precisely. This free presentation is based on one very important premise: "You can swing trade successfully in volatile markets if you follow the rules of the professional trader." Introducing MarketGauge's no-cost webinar:
"The 3 Rules of Successful Swing Trading"
Whether you think the market's recent rally is a bear market bounce, a real bottom, or a range-bound rally, this webinar will introduce you to the strategies you need to make the most of what's going to happen next. To start, you have to know what the market's doing. That's where Rule # 1 of "The 3 Rules of Successful Swing Trading" comes in.
1. Mastery of a range of incisive trading strategies
2. The ability to apply the correct strategy to current market conditions
Successful traders aren't born with these skills. They develop them the same way pro golfers learn to select the proper club based on course conditions...through experience. MarketGauge's Wednesday, April 22 webinar will teach you what many years of profitable trading experience has taught its professional traders...
... how to match your trading strategy to market conditions. Precisely. This free presentation is based on one very important premise: "You can swing trade successfully in volatile markets if you follow the rules of the professional trader." Introducing MarketGauge's no-cost webinar:
"The 3 Rules of Successful Swing Trading"
Whether you think the market's recent rally is a bear market bounce, a real bottom, or a range-bound rally, this webinar will introduce you to the strategies you need to make the most of what's going to happen next. To start, you have to know what the market's doing. That's where Rule # 1 of "The 3 Rules of Successful Swing Trading" comes in.
Forex News Trading
One of the most popular methods is to trade forex news releases. This type of strategy is intriguing to many people because of the instant gratification. You lay on the trade minutes before the release, your heart pumps when the clock ticks within 60 seconds of the number coming out, and when it does, you feel either an instant sense of elation, the trading high, or an instant sense of frustration.
Forex news trading is great for traders who like a lot of action within a very short period of time. Trading forex news is based on the idea that when an economic number deviates significantly from the consensus forecast, there is usually a knee-jerk reaction accompanied by decent follow-through. However, there are many different ways to trade forex news releases, and if done incorrectly, it can lead to more losers than winners.
The first strategy is to place a trade before the number is released, the second is to take the trade only after the forex news release hits the wires, and the third is to do a combination of both. One of the biggest advantages of proactive trading is the risk-to-reward ratio, which is usually very good because the strategy entails entering into a position 15 to 20 minutes before the number is released.
Forex news trading is great for traders who like a lot of action within a very short period of time. Trading forex news is based on the idea that when an economic number deviates significantly from the consensus forecast, there is usually a knee-jerk reaction accompanied by decent follow-through. However, there are many different ways to trade forex news releases, and if done incorrectly, it can lead to more losers than winners.
The first strategy is to place a trade before the number is released, the second is to take the trade only after the forex news release hits the wires, and the third is to do a combination of both. One of the biggest advantages of proactive trading is the risk-to-reward ratio, which is usually very good because the strategy entails entering into a position 15 to 20 minutes before the number is released.
Forex Confidante Inner Circle
Listen, I don't want you to miss your chance on this once in a lifetime event, so I'm just gonna tell you where to go and that you should be there 10 minutes early waiting. This is a high level very exclusive workshop being held in June by Tom Strigano an Ex-Chief Bank Trader of 25 years who now makes a fortune trading against the banks like us..
But knowing what he knows it's almost unfair. There's a high fever pitch with hundreds of comments on the blog, video and written testimonials flying in it's crazy. If you've been following my emails this past week you'll already know who he is, why you should be going, and that this is probably going to sell out very fast.
50 spots only for this limited one time event, and 8 were already promised to some of his very first students. It's supposed to be expensive but at any rate,this will be a bargain, I mean people have done better and made bigger gains with the tools he's given away then most of the junk that's sold out there. Tom tells me there's over 7300 people now on the VIP notification list, and only 42 spots, so more then likely it will sell out quickly. Watch this video:
But knowing what he knows it's almost unfair. There's a high fever pitch with hundreds of comments on the blog, video and written testimonials flying in it's crazy. If you've been following my emails this past week you'll already know who he is, why you should be going, and that this is probably going to sell out very fast.
50 spots only for this limited one time event, and 8 were already promised to some of his very first students. It's supposed to be expensive but at any rate,this will be a bargain, I mean people have done better and made bigger gains with the tools he's given away then most of the junk that's sold out there. Tom tells me there's over 7300 people now on the VIP notification list, and only 42 spots, so more then likely it will sell out quickly. Watch this video:
Do you have what it takes to become a successful Forex Trader?
Forex trading, or any trading for that matter, is an occupation that requires experience and the accumulation of proficiency not unlike any other highly skilled profession. Whether you are a leading executive at a major publically traded company, a professional golfer or trading from your kitchen table, there are 5 key ingredients that one must possess in order to become successful.
1. You must be Passionate about what you do.
As Forex traders we all face one unique set of circumstances that does not exist in any other profession. We get rewarded for when we succeed and equally punished when we don’t! Could you image a corporate worker one quarter receiving a significant accomplishment bonus and the next quarter actually getting money taken from their paycheck for missing performance targets? Not on your life!
We do as Forex traders and that is why passion for what you do will carry you through the tough times that are part of your trading business. Asked yourself why you trade currencies and would you still do it if Forex were not potentially lucrative? Your answers will be quite revealing. You’ve got to feel your passion for trading!
1. You must be Passionate about what you do.
As Forex traders we all face one unique set of circumstances that does not exist in any other profession. We get rewarded for when we succeed and equally punished when we don’t! Could you image a corporate worker one quarter receiving a significant accomplishment bonus and the next quarter actually getting money taken from their paycheck for missing performance targets? Not on your life!
We do as Forex traders and that is why passion for what you do will carry you through the tough times that are part of your trading business. Asked yourself why you trade currencies and would you still do it if Forex were not potentially lucrative? Your answers will be quite revealing. You’ve got to feel your passion for trading!
Bold 2009 Prediction for You
Here's my bold prediction for you in 2009!
You will break your trading resolutions by the end of February.
True, statistics cover populations and not individual traders. The fact is, its traders who are outside of th enorm and trade with focused discipline that really achieve their financial goals. When is now the time to re-focus with discipline and dedication and really commit yourself to your trading plan?
Today is January 15, 2009 and February is just around the corner.
Let this be your wake-up call!
Be honest with yourself and focus with the discipline of a seasoned trader on staying true to your trading plan or risk becoming a statistic!
Happy "Disciplined" Trading!!
You will break your trading resolutions by the end of February.
- You will abandon your trading plan
- You will fall into the same destructive trading patterns you resolved to change
- Your account will earn the same or less than in 2008
True, statistics cover populations and not individual traders. The fact is, its traders who are outside of th enorm and trade with focused discipline that really achieve their financial goals. When is now the time to re-focus with discipline and dedication and really commit yourself to your trading plan?
Today is January 15, 2009 and February is just around the corner.
Let this be your wake-up call!
Be honest with yourself and focus with the discipline of a seasoned trader on staying true to your trading plan or risk becoming a statistic!
Happy "Disciplined" Trading!!
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