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Forex Junction
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cathylmg
Elite |
28-Apr-2008 11:34
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How to give you my email address without posting here? Do you have a blog? Would appreciate if you post your notes in your blog in sequence so that I can read it when I'm free. Just a suggestion. Thanks! | ||
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techsys
Master |
28-Apr-2008 11:22
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Hi seed, I'm glad you have made your decision. I'm focusing my trade in forex because of its liquidity. I have some amount of money trapped in stock, and until now, I'm still waiting until market let them free ...  Base on money management I arrange, I will show you how to manage risk as low as possible and from 250 USD .. you will have income for 2500 USD / month at least after 6 months.
The things you need to practice are patience, ability to observe the market, good trading behaviour and mentality. Btw, all bro ... last time I got arround 19 people likes to have email from me. But only few of them actively sent me email. I don't want to be a spammer to your mailbox. Please for bro who want to receive my next Forex Setup (Trending Strategy) ... post your email here ... for bro who has noted me or actively sent email to me, I have put you on my list. Until now .. i have only arround 11 emails on my list. |
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techsys
Master |
28-Apr-2008 10:10
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OMG .. my article is worth only 2 votes max for each...  ... can I ask for more ? I see the traffic to this thread quite good .. but it seemed no bro likes to click " Good Post"
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seed_destiny
Member |
26-Apr-2008 14:45
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Hi Techsys Thank alots, for your advise. In Demo, i just dun get it, as there is no Emotional play. No Stress at all. I remember, i buy Euro/USD at 1.5959 on 23rd Apr and left is overnight, that alone wipe out 20% of my portfolio. but at least after that i know what is swap Overall is OK, very fun. I started to know how to execute various Market Order, Monitor various market opening time - during that time movement can be really big, Apply indicator and EAs, why spread is important and why need to manage and respect Risk. |
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techsys
Master |
26-Apr-2008 12:44
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Trending Strategy (part 2) Continuing from my last article, trending strategy need some setup to play. Btw, all my strategies here will keep focusing on how to play safe but try to get as much as we can. So, this strategy is not focusing on how many pips you can earn on one position, but how often and safe you can play with minimal supervision. By the time, when you have been playing with bigger lot size, the concept of targeting becomes more important. In forex we play with compounding, means we manage our risk, keep the risk lower, but profit higher. In this Trending Strategy, there are some setup you can play with. For example, using previous picture, I show you about 200 pips (1 lot size). That was only from one of my trending strategies. Here is another Trending strategy. Click here for picture This is another low risk trending strategy. It can be easily play, and you don't need to be fundamental news expert.
From this technique, I earn 286 pips this week. Please refers to the position on the picture. Next, I will explain to you the strategy. I will send you the strategy by email. The reason I don't put it here, because I don't want to fight for opinions. And the reason I don't send this article by email, I don't want to be the person spamming your mail box. Another reason .. I hope you guy can vote me .. upgrading my score to 4000 ...
If any body ask me, do I use all my strategies for trading ... I will say surely I do. That's why I have so many FX account. Every account will be using one strategy only. Another information is I have tried 8 different fx brokers, but I still use only 4 of them. Before you start Forex, let me tell you, I don't advice you to play forex. I just want to share some prespective of how to play forex properly. Since the course is expensive and this world is under recession mode, I hope everybody can make use this instrument. Forex can be the alternative for your source of fund, helping your business and also your employee's life (if you have a company) by not cutting their job. (This will explain a lot of email that sent to me ... about why I tell you)
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techsys
Master |
26-Apr-2008 11:04
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Hi Seed, please play with care. I'm always advice people to try in demo account for two months. If you can perform well in this trial period, you can go by live account. But if you really confident already, you can try the live one, but use no more than 5% of your total money. I will tell you about money management how to manage our money from at my next article.
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techsys
Master |
26-Apr-2008 09:03
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Here is my next strategy. Trending Strategy part 1 (Moderate To Advance Trader) Before I start I will explain a little bit about Trending. The basic idea is we trade following current major trend. Because trend deals with daily range, it has higher risk. I am not suggesting a begineer to play using this one, but if you desperately really want, you can use 0.01 lot (leverage 1:100). Click here to show the picture Base on picture I capture, it shows you position I put this month. Total trade is 4 position (3 wins, 1 loss). Statistically, this technique can contribute 300 to 600 pips each month. But I will tell you later you to how to ride on a position, so you can upgrade its performance up to arround 500 to 1200 pips There are some way to detect market trend. Most people use EMO 20 to 100 days, but I will not use indicator a lot in my strategy. I only use Fibonacci and Ichimoku Kinko Hyo (IKH). The strategy will be fit differently base on what currency pair we play. Every pair has their or characteristics. I only play two pairs, considering the spread, EUR/USD (2 pips) and USD/JPY (3 pips). EURUSD is a structured currency, trending will be easily detected by using different time charting. We make our position base on support /resistance. USDJPY is in the other hand has big fluctuation. But we can use IKH indicator to see the momentum. But I am not saying that I trade base on IKH signal. I just use it to help me to read the chart.
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techsys
Master |
26-Apr-2008 08:34
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Hi CashierTan, I think there is an agreement between you and T3B that mention you may not reveal the technique to others. I took some FX courses too before. And I had signed up some agreement too.
About the thing that I'm sharing here, I will keep secret for everything I learn from them. I will only reveal some trading strategies that I have learn from my friend and of couse after I have their permission. |
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cashiertan
Elite |
26-Apr-2008 02:37
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join t3b forex course, i using his technique for most of my trade. cost is 2.8k | ||
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techsys
Master |
26-Apr-2008 01:47
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Something wrong with ShareJunciton. What I have posted is not showing here? | ||
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ChinChye
Member |
26-Apr-2008 00:54
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Hi Cashiertan, Do you mind emailing me ur technique? I would like to learn more things.. even though i have not started trading forex.. still trading stocks now... Would really appreciate ur sharing!! =) My email : cantonalee@hotmail.com Techsys, sorry i still havent apply ur technique yet.. will definitely try after June.. and feedback to u.. cos these few mths have been very busy for me.. paiseh..
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seed_destiny
Member |
26-Apr-2008 00:21
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Hi Techsys After reading so much, i started my forex trading [mini account] in InterbankFX I like metatrader platform I hope to learn from you. my email is derekc000@hotmail.com |
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techsys
Master |
25-Apr-2008 22:11
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x 5
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While I'm waiting my position to be closed, here is another FX Broker Review. Interbank FX I like this broker because it's very easy to create one. The thing I don't like is the cost. Interbank FX is no doubt with their credibility. Creating account can be started by 250 USD. We can deposit our money using Credit Card. But there is surchage 25 USD. If you want to withdraw money, it will need 3-7 working days. It has transfer fee also, at least 50 USD. To open an account, you just need to fill in a PDF file that you can download from their website. Once you fill it, you need to take your picture and scan your IC. Don't forget to scan your PUB bill, if you can scan your bank statement, it's better. Process of account opening will take 3 days. As for MetaTrader fans, Interbank FX can be considered. You can trade as small as 0.01 lot. It's suitable for beginner. Btw, I'm using Interbank FX for only to trade a long run position. Make sure you have USD saving account, because when you withdraw the money, you will suffer by exchange rate. I'm suggest you to have HSBC Multi Currency Account. You can keep your USD, SGD and anycurrency in one same account. But as you are a currency trader, it's wiser to have one.
( Bro please, if you like my article .. click Good Post bellow - I'm trying to reach score 4000 )
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techsys
Master |
25-Apr-2008 21:33
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Thanks Baseerahmed ... Last time what I told was Ranging Strategy. Next I will share something about Trending Strategy. Basically, there are three kind of strategy in forex: 1. Ranging Strategy, this strategy is base on daily range. The advantage is the risk is lower. You only need to put a few position everyday. Suitable for begineer. Mostly we trade base on 5 to 14 minutes chart. 2. Trending Strategy, this strategy is base on trend. The risk will be bigger. We need to risk 50 to 100. This one will need you to analyst market trend before you put a position. Mostly every order will take days to close a position. 3. Reversal Strategy. This strategy is the most brutal one. Risk and profit is 5 to 10 pips. You will put a lot of positions. 4. Pattern Strategy. Now, I'm learning this one.
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techsys
Master |
25-Apr-2008 21:10
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Broker Review, SaxoBank I have tried three singapore FX Broker. I can only suggest Saxobank for satisfaction. Saxobank has two platform. One is windows Platform, they call it Saxo Trader 2, and Web-based. If you have tried Metatrader, you will abit dissappointed. But after awhile, you will get use to it. For me, Saxo Trader 2 is the best in-house developed platform. Basically, saxobank provided 3 accounts. Mini, you can open it with initial deposit 3000 SGD. Standard 10000 SGD and other is institution account. If you want to open it, simple just provide your NRIC. Their office is at Samsung Hub. Call them to make an appointment, then they will schedule for a time. They will introduce all platform they have. But if you are low risk taker, I will suggest you Saxo Trader 2. Web base is better for scalper, considering its fast response. Account creation will be 2-4 days. You can transfer your money or give them cheque. If you have question, their staff will be very helpfull and friendly. Even last time, I was really mad about something, they treated me profesonally. if you are singaporean who want to start trading forex, Saxobank is the one you can try. In their platform, sometime, they broadcast Trading Idea. Trading Idea is position they want to get in. Some of them I follow, the success ratio is about 70-80%. Most of them give have risk arround 15 pips and target is arround 60 pips. You can follow with your appetite, for example this month following them, I earn additional arround 500 pips. Most of positions can be closed arround 1-3 hours. |
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cashiertan
Elite |
25-Apr-2008 20:48
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Well done. I am still riding the EURUSD since the last retracement. about 600 pips too. stop lost also set incase of reversal Good PIPS for us bro Tabby |
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baseerahmed
Master |
25-Apr-2008 20:08
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techsys, Welcome back !
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techsys
Master |
25-Apr-2008 10:46
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x 5
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Hi all bros, I'm back. I was intended to leave this forum, but two bros here did mailing me a lot, told me about this forum is getting better. I wish there is no more fight and will just ignoring it.
Btw, since last article, only two people actively correspondend me. I want to say my technique is not performing very well this month. But it still gives incredible profit. I will try to share others trading idea with you, some of them were invented by my observation, some of them were given by my friend. But at first, I will give you some brokers review, since most email that sent to me asking me this issue. ( Bro please, if you like my article .. click Good Post bellow - I'm trying to reach score 4000 )
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iPunter
Supreme |
20-Apr-2008 16:19
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USD/JPY is one hell of a choice currency pair for serious people and fx connoiseurs... But certainly no currency play is suitable for 'Kamikaze' or 'bionic boy' types... hehehe...
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tabbykat
Member |
19-Apr-2008 21:56
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For the coming week, I will trade EUR/JPY. It is trending (long). Already in 1 lot for long term. Now riding on 250 pips gain. Tgt 600 pips. Euro is very strong at the moment. Dont short. Cheers P.S. Be very careful on usd/chf. Its unpredictable. |
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