Tampilkan postingan dengan label year. Tampilkan semua postingan
Tampilkan postingan dengan label year. Tampilkan semua postingan

Kamis, 19 Mei 2016

Whats wrong with Chinese New Year ~ forex trading yogyakarta




















Its that time of the year again where all things red fill our surroundings, Chinese new year songs with drums and gongs jam the radio stations and streets. You might be surprised
to hear this, but theres actually something wrong with Chinese New Year. No wonder every year people say the new year spirit is lower than the previous year.

Here are some of the things i noticed;

1) Its a different date every year!

We celebrate New Year on the 1st of January every year. Same for Christmas on 25th of December and National Day on the 9th of August every year.  But when it comes to Chinese New Year, it can range from early January to even March! How confusing is that? 

I understand it happens this way due to us Chinese following of the lunar calendar. But we are so used to following the January to December calendar format and that is the reason why we hear people asking without fail every year, "Hey when will Chinese New Year be next year huh? I need to plan my leave leh." 

In fact i need some time to generate the mood, man!

2) Ang baos are too overly rated

Elders and married couples are usually the ones giving ang baos (red packet) to the younger ones or unmarried relatives in the family line. The symbol of giving ang bao is to suppress ageing, give blessings and good luck for challenges faced in the coming year. 

However, we are now in the era where heaps of articles will come out publishing the appropriate amount to give. They can be based on age, closeness, and even how much you earn. Its almost like a yearly payment to the tax man. I am suppose to give more if i earn more and not according to my own wishes? No wonder no atmosphere lor. The giver wants to give less, the receiver wants more. 

Haha my wife handles all the angbao budgeting and giving but my savings plan is sure gonna get a beating..  

3) Eating and drinking

The feasting begins long before the actual Chinese New Year. From barbecue pork to pineapple tarts, mandarin orange to soft drinks and beers. All these are right in front of you whether you are at home or in the office. 

Then comes the reunion lunches, reunion dinners with relatives from your fathers side, your mothers side, your wifes father and mother side...the list goes on and every meal is a mega feasting. 

It probably doesnt end until 2 week after the CNY holidays. (We are supposed to celebrate CNY for 15 days, you know..) 

The good part about this though, is the gathering of friends and relatives but the bad part is the side effects that comes along with over eating like indigestion and most importantly, weight gain. 

But I guess the most determined of us cant resist the hammering of good food for so many days...




4) Ghost towns everywhere

The trains and buses become near empty, shopping centres become less lively and also less convenient as businesses close for these few days or even up to a week as Singapore is largely populated with Chinese and we usually take a few more days of leave after the official public holiday. 

Therefore every one else is having a feasting of their own. And if you are looking for a cab on the streets, good luck to you as they will be few and far between.

5) Questions from relatives and friends

It seems like our uncles and aunties are the most forgetful people in the world. Every year since young, without fail, there will be the exact same set of questions being asked. 

If you are schooling, they will ask you about your results. If you are working, they will ask you about your work, your pay, whether you have girlfriend or boyfriend, then comes the when are you getting married, when are you having your first child, then 2nd child... the list goes on. But i guess its all part of an effort to get to know each other more and should really be appreciated.

Above all, Chinese New Year is a time for reunion and also a joyous occasion to be celebrated. So let just relax and look on the bright side of every thing and spread the love! 

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Senin, 16 Mei 2016

10 pips per trade ~ forex market trading hours


10 pips per trade. 5-10 trades a day. You can use this strategy anytime you want, there are always very strong signals ( I will explain below..) The system will work on many Forex pairs and many major Stocks. The rules to this system are simple, and executing and managing trades will take no more than five minutes of your time. The only tricky part is bringing your knowledge base up to speed with the strategy so this becomes a five-minute process.
Let me introduce you to the four simple steps below. Then I’ll take you through some worked
examples in order to illustrate just how easy this system is.
This trading system involves 3 simple steps.
1. Identify a current trend
2. Identify your entry signal
3. Place your trade
Manage your trade later..
The System
1. Find the third candle
2. Enter your trade at the start of the third candle
3. Close your trade in a few minutes with 10 pips profit.
Below I will show you what to do – step by step.
The system works fine for me on 5 minutes or 15 minutes charts, but it work on other
timeframes as well.
Setup:
-Identify the current trend.
(For example: use 200SMA or 200EMA to identify the current trend. If the price is above the SMA – the current trend is up or opposite)
-Open a 5 min or 15 min and find the “first candle”.“The First Candle” is between two
candles, and it is the highest or the lowest of those three candles.

Look at the chart below:
10 pips per trade
10 pips per trade
















The 1 st candle is located between two candles and it is the highest (or lowest ) of the 3.
-Now if you look to the right of the 1 st candle is the 2 nd candle and the next is the 3 rd candle –
the most important for us. This system based on the 3 rd candle.
10 pips per trade














If look on your chart you will see a lot of “three candles figures” and all of them are great
trading opportunities! Usually each trade will brings you 10 pips profit:
10 pips per trade
10 pips per trade


















Trades
We BUYat the very beginning of the 3 rd candle if the current trend is up and your candles figure is going up.
We SELL very beginning of the 3 rd candle if the current trend is down and your candles figure
is going down.
There is ALWAYS an opportunity to make 10 pips when ever you have time: All you
have to do is to open few pairs charts and you will always find your 3 candles on some pairs!
10 pips per trade















Take profit
Your target is 10 pips. You can also try to use a trailing stop order to maximize your profit.
Stop loss
Stop loss needs to be placed above or below the second candle: If you BUY – place a stop 1
pip below the 2nd candle, if you SELL – place a stop 1 pip above the 2nd candle.
When not to trade
- do not trade 1 hour before and after major news or big events
- when the 3 rd candle is against the currenttrend
- when the second candle closes “inside” the 1 st candle:
















You may also use a Stochastic indicator with parameters 5.3.3 to filter your trades. If the
direction of the stochastic is opposite of your 1 st and 2 nd candles it is better not to trade at that
moment and wait for the next “1 st candle figure”.
Time frames
This system can be used with higher time frame. In this case make sure to set your take profit
target more than 10 pips.
Pairs and stocks
This system will work on all major pairs and Stocks. Try EUR/USD GBP/USD..
Money management
Do not trade for more than 3-5% of your deposit (per trade)
Stock trading
Exactly the same method “3 candles” can be used for Stock trading. It works in the same way and
with the same rules.

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Minggu, 15 Mei 2016

Forex Trading Strategy 77 ~ forex trading usa


Review of the week 16 - 20 March on 9 pairs H1: +22%

A new super week with 1 big campaign on USD/CHF and a magic friday (quick and profitable trades) for a total profit of +22%! 



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Sabtu, 14 Mei 2016

Forex Trading Strategy 88 ~ forex trading urdu book download


Trade of the Week: EUR/USD H1: 26 - 27 February: +2.5% Profit (+120 pips)


For more details, click "Examples of Trade" in the menu

We knew D1 was  downtrend, on H4 we have a nice sleeping alligator, on H1 same, we have a sleeping alligator & the Ewave is about to cross the zero line (always a strong signal), we take the H4 break and the price drops before the news. The news are poor for the USD but the price keeps falling and we exit the next morning when price breaks the opposite side of the fractal box for +120 pips (+2.5%)



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Selasa, 03 Mei 2016

New Year Resolution ~ forex trading software api



This year you may also find Gann Master Forex (and support us) on Patreon.com !

"Five years ago, I decided to start up the blog Gann Master Forex as paying respect to one of the greatest traders in the history of the American Capital Market. A prolific writer with many works of technical analysis and courses, William Delbert Gann developed new techniques of analysis in which he always held a great value for the relationship between price and time. Gann believed that the time is more important than the price and that when time overlaps the price, the market will be witness to great changes of trend. In order to determine when, where and how the market will evolve, Gann used the Law of Vibration believing that each financial tool has its own "vibration" which changes depending on the universal energies. The fundamental purpose of the blog is that of popularizing a work of invaluable importance which unfortunately is not known well enough."

You can find further funding details and extras on the link above! 



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Sabtu, 30 April 2016

Forex Trading Strategy 90 ~ forex trading uk tax


Market Analysis of the 23rd of February 2014 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

Click on the Menu on "Market Analysis" for all the analysis.

Daily charts: For most of the pairs, we are in the wave 4 and/or there is no clear direction. Prudence

EUR/USD: We are in still in the wave 3 down, some pullback but no divergence. Downtrend
GBP/USD: We are in the wave 4 (probably the "a" move up). Prudence.
USD/JPY: We are in the wave 4, we expect the wave 5 to come (this is a D1 setup). Prudence if price is inside the box
USD/CHF:  We are in the wave 4; Prudence
AUD/USD: We are still in the wave 5 down and still downtrend but the Ewave comes back to the ZL. Prudence
EUR/JPY: It looks like we are in the wave 4 (not officially). Prudence
USD/CAD: We are still in the wave 3 up, some pullback but no divergence. Uptrend
NZD/USD: We dont have trend anymore, it looks like a 5 wave cycle has been completed, we need to wait as well
XAU/USD: We are now in the wave 3 down, The overall trend remains unclear.

For orientation/direction of trades, click  "Signals" in the menu (from Monday 23rd 8:00 GMT+1)


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Kamis, 21 April 2016

S 1 million gone in one year ~ forex trading zar


It is situation like this that causes people to shun away from giving generously to charity or not giving at all. Makes one wonder whats the point when the beneficiaries spend the money like nobodys business. 

But then again, is it really their fault? 
I believe it all boils down their inability to cope this huge amount of money suddenly. 
So, is money the root of all evil?

"You can only manage what you can measure." 

Wise words from a seminar i had previously attended.
Yes indeed, we can only handle what we know we can handle, anything more would just fall off every time, no matter how many times.

It is therefore very important to set our own threshold and habit for handling money.
Here is a list of money management ideas to share;

1) 52 Week Money Challenge

2) Open a high interest savings account

3) 6 Jars to financial freedom

Once you have decided on a suitable plan, stick to it.
The general rule is "Its not the amount that matters, but the habit."
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Rabu, 06 April 2016

Day Trader ~ forex trading hours new years day


The day trader has more patience and wants to go for a bigger move than the average goal of 15 pips. This requires trading off larger time intervals such as the 30-minute and 4-hour charts. The day trader is looking for wider ranges of 60 pips or more to locate a trade preferable near support or resistance. This trade requires a “sniper” mind-set to wait for the right pattern.
Day traders are big momentum traders. This means that they look for a certain directional bias and go long or short based on the current movement, or wave, at that time. Part of the strategy entails looking for possible breakouts from tight ranges, especially when certain news announcements
fare better or worse than forecasted numbers.
Day trading offers these top three advantages:
1. Peace of mind. Day traders sleep soundly at night knowing that they do not have any open market positions. As long as a position remains open in the forex market, it is exposed to risk. Examples of risk include market gapping, which happens when prices are non-existent during
brief periods because of market volatility.
If a trader ’s stop loss is located in the gap, the trade might not close out. If this happens, the trader has a higher risk exposure. Since day traders close out their positions by the end of the trading day,
market gapping risk is hardly present.
2. Easy analysis. Day traders love the news, because news often injects momentum and causes currencies to move up or down. As positions are closed out every day, day traders do not subject themselves to analysis paralysis. This trading disease happens to many news traders who grapple with the concept of how much markets tend to price in upcoming news or released news.
Since day traders are momentum traders who take advantage of the fi rst moves, analysis is easy and straight forward.
3. Structured calculations. This is also one of the benefi ts of starting with a clean slate every day. When trades are left hanging in the market, equity and margin levels constantly fl uctuate to refl ect the current size of the open position. This fl uctuation can confuse traders who need to make adjustments when they calculate their lot size for the next trade.
Day traders do not have this problem because trades are closed out at the end of the day, and lot sizes are calculated on a clean slate the next day.
Day Trader
Day Trader

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