5 Apps That Will Make Money For You - forex trading hours clock

5 Apps That Will Make Money For You ~ forex trading hours clock

The smart phone in our hand can probably help us with a million ways and whether its the calendar for tracking or just the calculator for simple sums, we cant take our eyes off it. Can we? If thats the case, why not see if our smart phones can make us some money.

Here are some apps that i have tried and tested that actually got me some hard cold cash. Some are better than the others but it all depends on the effort you put it. :) Cash outs can be via paypal or in the form of gift cards and free app purchase.


Checkpoints - Pays you for downloading and trying out apps. A couple of friend invites will push you towards your first cash out. But beyond that, its gets more challenging as they limit the number of apps for you to download and unless you are staying in USA, you will also find some apps unavailable to you.

AppTrailers -  Pays you for watching short clips of advertisements, movie trailers or games. Similar to checkpoints, cash outs become more challenging after the first one as they also limit the number of clips available for viewing.

8share - Pays you for sharing of articles and advertisement on your own social platform like facebook and twitter. However, you will require to share with a lot of people for this to work and can be a long wait before your first cash out.

iPoll - Pays you for taking surveys market research tasks. You are required to fill up surveys sent to you via emails. Some patience is require for this one as the emails might not come as regularly as you wished but as little effort is required, so it not all too bad. Point to note is to look out for some hints on where the survey is heading. If for instance, you are doing a cigarette survey, one of the first few questions will probably ask if you are a smoker, whether or not you are a smoker, if you answer no for this one, then you will not be allowed to continue with the survey.

Peko - Pays you for playing a roulette styled game with a random online user. Requires some effort to reach cash out but unlike checkpoints or app trailers, you do not have to wait for apps or videos to be available to you. You can play this app at your own pace and the more you play the faster you are able to cash out.

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Forex Trading February (updated) Update - xlt forex trading and analysis sessions

Forex Trading February (updated) Update ~ xlt forex trading and analysis sessions

I would not believe ill be saying this at the beginning of the month but..
. "I didnt burst my account!!!"

Whew! Trading is indeed risky and volatile, if you do not manage it properly. I was experimenting different strategies with different indicators and almost went into a losing position. It was a good think my mentor manage to hit me back on the right track towards the end of the month before my trades turn into profits. 

See my roller coaster ride below...

Trades in the beginning of the month.

Some of my better trades above.


Summary of all trades

Currency pair		Total Profit		Total Loss		Balance
audjpyx		143.04		(52.65)		90.39
audusdx		15.59		(11.50)		4.09
eurgbpx		67.85		(83.05)		(15.20)
eurjpyx		11.65		(52.94)		(41.29)
eurusdx		68.64		(26.05)		42.59
gbpjpyx		6.57		-		6.57
gbpusdx		31.97		(34.50)		(2.53)
nzdjpyx		6.17		-		6.17
nzdusdx		33.22		(42.50)		(9.28)
usdcadx		61.51		(20.80)		40.71
usdjpyx		48.45		(78.62)		(30.17)
TOTAL		494.66		(402.61)		92.05

It is interesting to know i spent more time organizing the data than placing the actual trades. And check out my profits and losses! Its like the case of having to score more goals against the opponent than conceding. However, in this very educational month. I learnt that it was better to trade at the times when the market is open for a particular currency pair as there is more volume and is therefore easier to trade. 

eg. Tokyo Stock Exchange opens at 8am SG time, therefore i will pay more attention to JPY currency pairs.
(I have listed the opening times of some major currencies on right side of my blog for easy reference)

New York opens at 10.30 pm to 5 am (SGD Time)

Tokyo opens at 8 am to 2 pm (SGD Time)

Sydney opens at 7 am to 1 pm (SGD Time)

London opens at 4 pm to 12.30 am (SGD Time)


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Breakout entry Pullback entry swing setup examples - forex trading hours good friday

Breakout entry Pullback entry swing setup examples ~ forex trading hours good friday

Breakout and pullback conditions for setups.

Before a stock or currency pair makes our breakout “watchlist,” it must satisfy two key criteria:

Stock or currency pair must be in uptrend

Stock or currency pair must have a valid basing configuration pattern.

How define an up trend (for down trend reverse conditions).

20?day EMA must be trading at or near the 50?day MA when the stock is forming a base and clearly above the 50?day MA when in trend mode.  For pullback trades, the 20?day EMA must be above the 50?day MA.

-20?day EMA must be above the 200?day MA

- 50?day MA must be above the 200?day MA

-Both the 50 and 200?day MAs must be in a clear uptrend for at least a

few months. 

- The price action should be in an uptrend with a series of higher highs

and higher lows in place over the past 3 ? 6 months (at the very least).

- Current price should at least be 30 ? 40% above the 52?week low

Trend qualifier – rules for breakout setups in the picures the examples.

rules for breakout setups

rules for breakout setups

rules for breakout setups

Valid basing pattern for breakout entry

- A base (or zone of congestion) is anywhere from 1 month to 1 year in length. For our style of trading, we prefer bases that form in a 1 - 3 month period that find and hold support of the 50-day

MA.

-We want to see “tight” price action in the base, especially during the last two weeks before the breakout.

-A valid base should pullback anywhere from 10 - 30% off the swing high. Once a stock retraces 40 - 50% or more, we begin to question the strength of the uptrend.

We must see a “higher low” form within the base. This is crucial to the pattern. Without a higher low forming, we have no way to set a stop and therefore can not define the risk.

- Volume should be declining during a base, or at the very least, not heavier than average. If there are too many days of heavy volume selling in a base, the base could be faulty.

Main characteristics of a valid base

Main characteristics of a valid base

The Breakout Entry examples.

    

Breakout Entry the trigger

Breakout Entry

A pullback setup occurs when a stock breaks out from a valid basing pattern and then pulls back for 3 – 7 days:

Pullback setup

Pullback Setup

Pullback setup step by step

Reference Deron Wagner

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This Is When You Know Times Are Bad - xlt forex trading course

This Is When You Know Times Are Bad ~ xlt forex trading course

There are reports indicating that Singapore is in a technical recession but you know times are really bad when you see people selling The "Pai Tan" ramen. Lol

Soon we will see other variations. Who wants to make some ramen with me? We can do the  "Jin Pai Tan ramen", "So Pai Tan Ramen" or how about "Lagi Pai Tan Ramen!" 

(Pai Tan is loosely translated as "hard to make a living " in hokien)

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Peko Money Tracker Cash Out 2 - forex trading in zambia

Peko Money Tracker Cash Out 2 ~ forex trading in zambia

2nd cash out!

3 days have passed and its cashout time again! Now that i have overcomed the "is it a scam" hurdle, i am able to go full steam ahead with this app that pays. I was also able to invite 5 friends and get my 10k bonuses to boost my points balance for this cashout. Easy money it seems.

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Entry Filters - forex market hours monitor 2.0 download

Entry Filters ~ forex market hours monitor 2.0 download

Entry and exit signals can employ filters. In the most general sense, a filter is additional information intended to improve the quality of an entry or exit. The only purpose of a trading filter is as additional confirmation or validation of the entry.

Definition: An entry filter rule adds additional information to produce a more accurate and reliable trading strategy entry or exit.

In other words, entry or exit filters add additional indicators, analysis, market facts, or trading rules to the primary entry rules. A filter is really part of a more complex entry or exit rule.

A filter can be very simple, and this single, simple filter can be applied in conjunction with the entry rule. For example, if today’s close is higher than yesterday’s close, then take the current buy entry signal.

A single, complex filter can be used. For example, if today’s close, high, and low are all higher than yesterday’s, then take the current buy entry signal.

Multiple simple filters and multiple complex filters can be used. The main purpose of the entry filter is to increase the overall accuracy, reliability, and quality of the trading strategy’s buy-and-sell entries.

For the purpose of illustration, let us consider the following short list of filter examples. These are examples of filters on buy signals (sell signal filters are the opposite). The trading strategy will accept a buy entry as confirmed by its respective filter if:

1. The Relative Strength Index is below 30

2. The Relative Strength Index was below 30 on the previous bar and is

now above 30 and rising higher

3. Today’s high is higher than yesterday’s

4. The last buy signal was profitable

5. The close today is higher than the close 20 days ago plus 10.00 points

6. The close yesterday is in the top third of yesterday’s daily range

Therereallyisnolimittothelevelofcomplexitythatcanbeintroduced into a trading strategy with the use of filters. It is important to note that as the number and complexity of the trading filters increases, so can the difficulty of coding and testing a trading strategy. It should also be noted that the likelihood of overfitting also rises with the number of filters. To take this to an absurd extreme, an extremely—and absurd—overfit model would feature a different filter for every bar in the simulation data. Such

an overfit model would exhibit exceptional profit in simulation and unprofitable performance in real-time trading.

Entry Filters

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