Crude oil through $ 90 level
U.S. Government increases the estimated growth in gross domestic prduk in the third quarter to 2.6 percent, from 2.5 percent previously estimated.
Crude oil reserves expected to show spenurunan 2.3 million barrels when the Energy Information Administration reported oil inventories back on last week, according to analysts in a Dow Jones Newswires poll.
Separately, the American Petroleum Institute yesterday said crude inventories fell by 5.8 million barrels in the week, with gasoline inventories decreased by 2.9 million barrels
Vegetable trader
first switch to the vegetable vendors, yes, vegetable traders in the markets, or who frequently around the compound, probably about the illustrations that he did when trade is as follows ..
ex maize from farmers get $ 10 after it sold above the price of $ 10. She also diligently search for information about the farmer who sells corn earlier, who knows there are selling cheap, simple ..
economic theory ... if you want to profit on price .. buy .. sell at the lowest possible prices as high as possible ... well not really too high, can kagak behavior .... hehehhe ... or should be modified slightly so .. buy at the lowest possible price, selling at an average price of the market ... and get ready to hit fresh ama mothers of prospective buyers ..
shortly after I send an sms to my customers ... cash he calls ...
"Nit yen ... .. buy it tuh dah lowest price ..."
I had violated the "agreement" by refusing his request in writing .. when, by chance, up from 80.89 yen to the customer I am disappointed 81.47an ... ... ... free his broker not to run the request ..
why I rejected?
because I remember a basic theory about trading forex trading course .. .. .. ie at a time when conditions are likely to move down the movement, then the transaction will be preceded by the position of 'sell' .. how do see if the movement is likely to move down ... use the word 'lower' ... from day to day he 'had lower' ... hihihiih .. it sounds so weird ... hehehee ... from day to day always appeared more low low low than the previous day. .. from day to day always appears high that more low than high the previous day ... and from day to day his candle closing more low than the previous day .... etc. etc. .. .. live on google wrote about the trend is down. ..
nah condition 'to lower' it is I see in dailya USDJPY chart .. which makes me want sell USDJPY .. hehehhe ...
Sorry boss ... I still want to be a forex trader ... I do not intend to be a vegetable trader heehhehe ... ..
loh but if we can not price high during sell button, it means we're a little profit ... ???... hheehe sure how large his-small level of profit, if we can not be sure where prices will appear next second? ? ... Emang if we go buy right at 80.89 earlier, we can ensure a minimum of 80.90 seconds then let us sticking plus 1 pips ????... how if it turns out seconds later .. ex 79.90 instead sticking ...
This according to me .... when we are already late in forex trading conditions, we were eventually forgotten by the word 'PROFIT GAIN'...''...' GAIN' .. and others .. we are similar and synonymous It sometimes choose to be 'occupiers' market .. we were sometimes choose to be 'MAESTRO' market .. that is by trying to have a position that if the show in the chart .. it sounded really cool ... .. buy sell at top at bottom ...
I've not care about us to all profit ... so often we meet in search of buy sell at top at bottom, the level of its super duper micro lot ... hehehe .. luckily the local can ... must enter 1 lot. ..
how if after get sell in areas such as its instant already so top-eh make a new top price .. and circumstances change so the trend up? ... Often a simple answer ... ''...' averaging martingale' ... and let the margin to talk ... because it is not surprising in many forums kemaren2 no action 'harakiri' mass ... but in the Japanese still aja ... emang calm exporters already hard to admit but there not yet harakiri2an
theory ... he'll be profitable, we must 'follow' and take advantage of a trend ...
question .. trend which we will follow ... that looks at market trends through the chart that we use ??... or trend is visible from the posts of master and maestro forex forum ??...
once again sorry boss ... now the yen 'coincidence' back-up .. and who knows these days there appears that as expected or even imagined many observers ... INTERVENTION ... YENDAKA ... I still do not want to buy USDJPY it ... why?? .. his trend is still down ... and I do not intend to be pioneers of the trend up ... I do not want to be like George Soros that he says 'move ahead of the curve' ..
I would buy ... if .. the trend we've seen go up .. so not to bother pake 1 lot and find just the BEP ... we can be serious trading, usual use of lots that we use .. Hehehhee ...
Market Trend in 2011
Based on some fundamental indications last, where U.S. economic data improved lately. This makes the improved market confidence. Industry and energy sector got a blessing with rising commodity prices, projected sales of technology products and increasing consumer spending.
The instigation of the things mentioned above, then the market is predicted to rise again. The stock index S & P 500 is even believed to be ignoring this overbought status by continuing to rally, even in the year 2011. For the S & P 500 index, the increase in this sector could encourage the rise in the S & P 500 index by 17% by 2011 from current levels.
Some in the industry will recover next year as the weakening U.S. economic recession, even the financial sector is believed to begin to squirm again.
Such conditions make the stock market will move better over previous estimates. In other words, the market will move above the "normal" even though economic growth is not fantastic today.
Since March 9, 2009, S & P 500 Index has climbed 75% from its lowest position for the trust will market the U.S. economy. P / E ratio of 15, below an average of 16.4 since 1954.
The increase in the price of the shares at the end of the year, in the week between Christmas and New Year as a Santa Claus rally, cheer the market will likely carry over until the end of the year. Investors feel optimistic about the condition of next year. Action will certainly encourage investors to buy index rising higher. This step is a prefix of investor anticipation of the January Effect phenomenon.
Good investing, hopefully in 2011 will be the year of your success, Have nice trading ..
20 The Most Important Signal in MQL5
Signal to inform dealers about the possible entry points position, but not all of them are forced to run. Additional criteria to further filter the signal, but it was significant to us. The theme of this article is how the 20 most popular programs MQL5 trading signal
20 Popular Signal Forex in MQL 5:
1. Intersection of Moving Averages Signal
2. Intersection of the Main and Signal Line of MACD
3. Breakthrough of the Price Channel Range Signal
4. Breakthrough of the Range of the ADX Adaptive Channel Signal
5. Exit from the Overbuying/Overselling Zones of Stochastic Signal
6. Exit from the Overbuying/Overselling Zones of RSI Signal
7. Exit from the Overbuying/Overselling Zones of CCI Signal
8. Exit from the Overbuying/Overselling Zones of Williams % Signal
9. Bounce from the Borders of the Bollinger Channel Signal
10. Bounce from the Borders of the Standard Deviation Channel Signal
11. Bounce from the Borders of the Price Channel Signal
12. Bounce from the Borders of the Envelopes Channel Signal
13. Breakthrough of the Donchian Channel Signal
14. Breakthrough of the Silver-Channel Signal
15. Breakthrough of the Gallagher Channel Signal
16. Change of Trend by NRTR Signal
17. Change of Trend by Alligator Signal
18. Change of Trend by AMA Signal
19. Change of Color of the Awesome Oscillator Signal
20. Change of Trend by Ichimoku Signal
for complete Setup Forex Trading Signals in MQL5 visit http://www.mql5.com/en/articles/130
i-Frosty and i-Boxy Indicator
Fully technical Trend Predictor with Sets of Chart Details
SCRIPTS
a-DBuy 01-50-30.ex4 - Editable on Screen Buy with default 0.1 Lots, 50 TakeProfit, and 30 StopLoss
a-DSell 01-50-30.ex4 - Editable on Screen Sell with default 0.1 Lots, 50 TakeProfit, and 30 StopLoss
a-StopOrder.ex4 - Editable on Screen BuyStop and SellStop with 13 Breakout, 60 TakeProfit, and 30 StopLoss
CleanUpAll.ex4 - General Instant Cleaning-Up all position on all pairs *
CleanUpAllChart.ex4 - Specific Instant Cleaning-Up positions on current viewable chart only *
* CleanUpxxx scripts sometime facing problem due to internet connection and/or server busy states, so just redo it again.
Notes
For Using i-Frosty and i-Boxy, we need t-SkyShift template initially.
i-Xxx = Indicator, put it into x:\[your MT4}\experts\indicator\i-Xxx.ex4 folder
s-Xxx = Script, put it into x:\[your MT4}\experts\scripts\s-Xxx.ex4 folder
e-Xxx = Expert Advisor, put it into x:\[your MT4}\experts\e-Xxx.ex4 folder
t-Xxx = Template, put it into x:\[your MT4}\template\t-Xxx.ex4 folder
Feel free to download and use it at your own risk as we do not provide any support for all of the above mentioned products.
Download here.
Understanding of technical analysis or indicators
We can say that all traders use technical analysis is rich, but not all dealers carry out technical analysis, although extensive teaching assistant is the most appropriate way trading foreign exchange market. It is also worth noting that a fundamental role, indicating whether the price up or down. This gives you the advantage over other traders.
Technical analysis is very useful for some reasons
1) It is a number. All information and its market and currency traders said the price represented.
2) it helps to forecast trends and foreign exchange market is very 'fashionable'.
3) a particular chart pattern is consistent, reliable and repeatedly. T.A. help us to see them.
There is a way, a comprehensive view of technology analsysis (wish I had a dollar for every time I said: 'Technical Analysis'). We all know that trends in price fluctuations. Research shows that those who trade the trend and 'greatly improved their chances, a profitable trade.
Trends to help you realize the overall market direction, and often saved our less profitable entry point. I attended a two-day course cost me 2,500 U.S. dollars and Australian dollars of the most important thing I learned from it takes discipline and emotional control. Therefore, the basic content, in the next three to four articles, I will cover it all. Therefore, learning the tools of trade of technical indicators and their applications will help you do what diagnostics market, but even so, you need UPS Yuqixiaxiang, Mao Yi and emotional control.
Remain in the trend, according to the price.
Explore the currency of the price. If the EUR / USD 1.4224 and 1.4180, then 1.4090 and then to enter the market decline. Only concerned with what their market is doing what is impossible. Listen to the market and the indicators will tell you to retain them.
Moving average.
Tell me your price at a specific time interval in a certain period. They are called moving because they give the final price, calculated on the basis of the average measurement time selected.
They lagged behind the market, so a pair of ever-changing trends suggest that the use of a shorter average like 5 or 10 day moving average. By short-term and long-term horse can detect short-term buy signal, by moving the direction of the long-term average upward. Or break down when the sell signal. For example, you could use the 5-day moving average and the average 20 days or 40 days and 200 days.
There is a simple moving average, linear weighting is more important is to provide new or weighted price index. The latter is a favorite because it believed that all the prices in one period, but stressed the importance of the recent price changes.
MACD indicators
Under the moving average, MACD indicators of the differences between the moving average of 26 drawn and 12 day moving average, and 9 days as a trigger line. If you find MACD indicator is still positive, when the market decline may be a strong buy signal. Opposite also applies.
Bollinger Bands (sounds like an elastic band)
Prices tend to remain between the upper and lower bands. They expand and contract more depending on the prevailing market volatility. A sell signal, the moving average over Bollinger bands, and vice versa for the buy signal. Some traders use it in combination with the RSI, MACD indicators, CCI, and the interest rate changes.
Fibonacci retracement
Cycle exists in nature interpretation and application of technical analysis to find the market trends. After the price increase is often the most moving, sometimes all be traced back to the original. Support and resistance levels often occur near the Fibonacci retracement level.
Relative strength index
Relative Strength Index measures the activity to see whether the market is overbought or oversold. This is a key indicator of the market will help to show what (great!). Relative strength index is overbought Ahigher number (so pessimistic about the changes expected) and the lower figures show oversold.
Successful traders generally use 3 or 4 signals, to provide more conculsive signal before making a transaction.
Always remember, "If in doubt, stay in it!." Technical analysis does not take into account the political news, economic profile, a country or a basic regulations and requirements.
Technical analysis can help us to know how much of the trade risk. How and when to enter the market, how out of business profits or minimize losses.
Be nice trading...
Bretton Woods Agreement
Agreement Bretton Woods Agreement was founded in 1944 committed to a stable monetary policy to avoid the free cash to another country to build. Avoid currency speculation in the world, as the gold exchange standard - prevailing from 1876 until World War I, the control system in the world economy. By using the gold exchange, currencies in a new era for the company because the shields of gold prices. In ancient times by kings and dictators of totalitarian transactions using gold as the main and lower the value of money causes inflation.
However, the standard used for exchange and not a lack of "broken." As the economy strengthens, imports of goods from abroad increased rapidly. But if the economy weakens, the national gold reserves needed money to buy foreign release performed, the result is a depreciation of the currency, interest rates fell and the economy began to slow down operations and cause a recession. Final goods rose more than the normal level, and of course the attraction of selling goods to other countries increased. This has caused huge buying power and an increase in the price of gold rose high at the moment, interest rates fell to its lowest point for creating wealth for the economy. The use of gold as a standard transaction that applies until the end of World War end the flow of transactions and gold are now free to move.
After the war the Bretton Woods agreement was established. Countries participating in the agreement agree to their own currency to maintain security by an amount equal to the dollar and the appropriate level of gold as needed. The lower the price of copper has been banned in their own language in transactions with foreign countries to facilitate, and are only allowed for the price of less than 10% lower. In 50 years of the 19th century, when the currency of international transactions was extended to the capital services for post-war reconstruction and rehabilitation was transferred en masse. This has led to foreign currency exchange rates destabilize established in the Bretton Woods agreement.
The Bretton Woods pact finally abolished in 1971, and currently the U.S. dollar (USD) can be used instead of gold (gold). In 1973, the currency advanced countries were freely floating, controlled resources at this level depends on the strength of the demand-supply (supply and demand) from the economy, they are a dynamic force in the foreign exchange impact. The price of the pair is recommended every day, with a large number of transactions, speed and price unchanged for 70 years from the 20th century, the application of new markets for financial instruments, which led to the earlier rule was abolished and the period of gradual liberalization of world trade.
In the '80s, the amplitude of movement of capital thanks to the explosive growth of the computer industry and technology, the market continues to grow in Asia, Europe and America ... The number of cash transactions in the foreign exchange market increased dramatically from 70 billion dollars per day to 1.5 trillion U.S. dollars a day two decades later.
New Kuasa Forex
Excess kuasa forex indicator that is, if you just need to BUY & SELL blue indicator when the indicator is red. This indicator has been modified from its original so hopefully I can be more powerful and give a name " NEW KUASA FOREX."
Rules :
- Cans forex trend seen in the TF v.1 1h, to menenutkan long term trend
- see Cans forex enter v.1 in TFs 1h, notice if there is a round yellow arrows or new-formed.
- if there is a round yellow arrows or who are formed, consider the zig-zag direction of movement of green and red (note: the zig-zag green u / long term, red u / short term).
- if the direction of the arrow or round yellow line with a zig-zag movement of stochastic and rsi notice.
- confirm stochastic already in overbought area and intersect one another, and RSI leads in the direction arrows.
- wait candelistik komfirmasi in the next, to make sure the arrow or round menghilanglagi not yellow.
- when the yellow arrow or round is not lost, immediately open position TP 100pip 50pip SL
- close out positions when the indicator directly opposite and open new position, also note the location of pivot point
0_ZIGZAG.ex4
BBands_Stop_v1.ex4
Pivot Points.ex4
RealMACD.ex4
Heiken_Ashi_kuskus2.ex4
ZigAndZag.ex4
Download New Kuasa Forex
Remember:
- The trend is my friend, do not be betting against the trend.
- Trading like you do not speculate
- height of discipline in following the rule
Online Casino
Generally there are three types of Internet casino, ie, there is a client program which provides free for download, there is provide a JAVA script that must be downloaded to play and the latest casino program centered on the server using HTML.
In all cases of online gambling, you are required to make a deposit upfront before you can do online gambling. This means that you have to transfer money to online casino money through Western Union, Money Gram, credit card, money order, wire transfer. All casino operates using an account system where all the money be taken and put into your account as a gambler.
Problems that need to be considered is the problem of fairness, we must make sure that operators do not cheat. This is a guarantee that online casino operators act in a fair. For security reasons users need to do is credit card data, etc. must be placed on a secure Internet server from data thieves. Licensor would legally require the use of secure server, by technology.
To ensure security for the country giving gamblers usually requires a license online casino operator to deposit some money that is generally accepted by the victory of the winners, in case later on at some point the organizers failed to give the money to the winner will be drawn from such deposit gambling license administration.
Key to successful forex trading
1. Pray and believe PROFIT
2. Monitor News Calendar
3. Monitor Indicator and Correlation pairs
4. PATIENT, wait until the market running according Indicator (or use pending order before news)
5. Check EQUITY, MAXIMAL open trade 10% of capital
6. If already 99% sure, Open orders
7. DISCIPLINE, Do not be Greedy
- If market running as expected, TP & SL maintained
- If market is not running as expected, immediately CUT Lose and Shut Down PC. There is still a profitable tomorrow.
Technical PROFIT
1. Monitor News (use trapping news, pending orders two directions)
2. Check Market Type:
a. Strong Market
b. Sideways
c. SPECIAL EVENTS, ex: NFP, BoE, BoJ
3. Monitor Indicator
a. Open Market Price Check (OPEN +30 / -30)
b. Check the RSI, Stochastic, EMA
4. Do not hesitate to cut lose if the wrong position.
5. Believe in Yourself, if you lose do not suppose a market reversal. If you hold the position of pursuing profit and Maintenance SL /TP.
Choose web hosting
Most of Indonesian bloggers choose a web hosting more foreign than local hosting the relatively more expensive but good quality, just use coupon code or promo package like hostmonster.com $ 3.95 to get a cheap but high quality hosting.
Before deciding to buy a local web hosting is a good idea to consider several points as follows:
1. Support
Support is an important factor, because it reflects the seriousness of the web hosting manager. Just imagine if the website continues to have problems send an email to admin at the hosting but do not respond, of course annoyed. Before purchasing a web hosting is usually used to test support by email or chat through YM.
a. Got a YM / yahoo messenger online 24 hours.
b. Have a contact form or email address clearly. Try sending an email reply if less than 24 hours.
c. Got Ticketing Support System.
2. See features
generally; all web hosting has a similar feature. The difference is space, bandwidth, add-on domains (which allowed for a domain hosting), the number of MySQL, E-mail forwarding, cPanel, a domain manager and so forth.
3. Responsibilities
A good web hosting will provide compensation if an error occurs on hosting servers such as server downtime. Compensation can be either free hosting renewal. If the damage is too severe server should offer to move hosting to its customers.
4. Ask an experienced
There is no better way to find out the pros and cons of a web hosting provider in addition to asking who had never tried it. This can be traced through the search engine like google or yahoo.
Swing Trader, Day Trader and Scalper
Swing Trader
is they who decide in a way that the first trading. The Swing traders tend to hold their position until the precious days to many months. Some even hold the position until one year! Traders with this pattern tend to wait until prices are at their best position and then took aim with the opening of a number of lots and placing a large enough profit targets. Usually they open a position only on very extreme conditions where the prices are very high or very low prices according to the history of the movement in recent weeks. Because this condition does not happen very often so once they get the opportunity to pursue the targets are very large and well balanced with sufficient funds to keep the price movements because they usually specify a Stop Loss point which is also quite large. That's why the Swinger often start trading them with decent capital of about $ 3,000 for a mini trading.
The Swinger is more often used the daily time frame or 4h to determine their long-term trend. To buy and sell decisions, they usually just use graph 1h only. The point is this: when they want to find the right moment to open a position then they will open a 1D or 4H chart them. Then they determine whether a trend is happening when, in the 1D graph. If the trend indicates the situation to the uptrend then they will only seek the position of Buy and Sell positions will not open at all.
Next they will search for the right time to open a position. The trick is to wait for the graph H1 is in the same direction as the D1. This means that if D1 indicates the direction up the Swinger will wait the time when H1 is also showing up direction. Buy After that position was done. When they go then they will usually determine how much of their profit targets. Average trader with this type will pursue the target profit of more than 100 points, thus requiring several days to several weeks to achieve.
Another thing to note is the Swinger was not even hesitate to take action to counter the trend just took the opening position. For example, when the price has already reached saturated area (say overbought) then they are not afraid to take positions Sell although trend is not over. Assuming they are to save time because they mostly do not like their graphics monitor constantly. That's why they have sufficient capital to withstand large price movements so with the assumption that soon the price will go down even though at this moment is still in the rising trend.
The advantages of betting with a model like this are the first on the relatively easy analysis. Please note that the larger the time frame that we use the more easily for us to predict price movements. Conversely the smaller the time frame that is used it will be increasingly difficult for us to predict correctly movements. This is because with a smaller time frame charts are often more jagged (whipsaw) so difficult to read the main trend.
Another convenience is the psychological pressure on the side. Due to the Swinger using a fairly large time frame then they usually do not need to monitor the movement of the chart every hour or every minute. Quite simply once in a single day is not a problem. As a result they will be more psychologically comfortable and protected from market pressures in each movement. Well happier life, Is not it? And for the same reasons they were usually able to perform their daily activities in addition to trading well.
The downside ? Of course there is! The most fundamental deficiency in the betting with a pattern like this Swing is in the capital problem. You cannot do Swing trading only with authorized $ 500! Stop Loss Due worn long enough so they usually require no small amount of capital for trading. At least $ 2,000. It was already very least once. Not to mention if they are not enough to just play with a lot just for one time the opening position, which included the capital can reach several times the starting $ 4,000 and even up to tens of thousands of dollars.
The second issue in swing trading is that there are on occasion obtained. Swinger Often this cannot be opened while the trader's position other types such as Day Trader or can Scalper Profit on existing movements. The cause was an opportunity for Swinger far less than other types of traders. That's because they have to wait for prices to be at both extremes to open a position. When prices are playing on the median line (center line) then they cannot do anything but wait. A tedious job!
Day Trader
a trader with a daily model. Usually this type of trader's position will be opened and closed that day. Oldest in the range of only a few days and very rarely goes past week. That is as much as possible they will close their positions before the beginning of next week begins. So if they open a position on the Thursday before the Saturday morning they will close their positions because they do not like to wait until Monday, where patterns and trends are taking place.
Now the Day Traders usually use the time frame or 1H 4H as a determinant of long term trend. While for the execution of their daily time frame rather use 15m.
Due to the time frame and a short trading period, they were the target profit is not too large. Exist only in the range below 100 points. Most are around 30-50 points. But precisely because their profit targets are not too big so they can perform the opening position several times in one day. In fact I once met a day traders are betting on up to 13 lots in one day when he entered the initial deposit of $ 500 only! It belongs to a very active day traders.
There are many benefits to be gained when people do day traders. This is primarily done on the initial deposit. A day traders can start only with a capital of $ 1,000 only. Even some who have advanced trading is able to develop funds to hundreds of percent in recent months from when they start only at $ 500 only. Nevertheless it is not advisable to start trading with a capital of only $ 500 because the magnitude of risk that might occur if you are a beginner. How else do not be fooled capital. Do you agree with the teacher of children?
Another benefit when you make trades with the pattern day traders are the many opportunities that can be taken. Due to the profit objective being pursued is not more than 100 points, this opportunity could arise almost every day in different types of major currency pairs. If you are clever enough, when prices are in the wave up or down, a day trader is able to get profit from there. The day traders will not think much about long-term trends like a Swinger. This is due to their trading is today. By looking at the movement today then that is market conditions that could be taken. That's why they use the time frame is relatively short as 15m or 10M.
Shortfall in trading with this pattern of course there is. If there are advantages to a Swinger on the ease of controlling the position, this would become an obstacle a day traders. A day trader must be strong enough to monitor the price movement several times each day. If not so they could lose their chance in the opening position. This in impact on the possibility of a day traders experiencing psychological distress resulting from price changes in seconds into the second. You who have never opened a real account or real account is running out I mean. On a real account, psychological point plays a very important far beyond any pressure.
Another deficiency is in excess of a day traders is the degree of its activity. The more active a person to open a position also taken the risk will be greater. So instead of a profit, a day traders who are not adept at reading the charts often experienced loss in large enough quantities in a short time.
Scalper
Scalping is of English origin (Scalp), which means it is fleas. Now trading with the type of scalping is more or less adopts this. Without demeaning the Scalper mean the world, they often take advantage of the situation very small price movements, and have no meaning for a Swinger. For them, the advantage is 10-15 points a day is important enough stability.
The point is this: By taking the advantage that small, the Scalper view that it is much easier than chasing gains 100 points in a single trading. Often they also take the number of lots that much more for a one-time opening position compared to most traders. If the capital of $ 2,000 a Swinger opened the lot just as much as two lots in a single transaction, the Scalper can open the position up to five times that number! What if there a margin call? Well the point was for them a margin call is a Stop Loss point them! But on the contrary when the profit amounted to 10 points they get, just imagine 10 x 5 = 50 lots. Just not with a day trader? But this time is much easier because only after 10 points only. Not to mention the profit target due to only 10 points, they can open a position many times to tens of times in one day. Hmm ... how active they are!
A scalper typically using 1H and 5M time frame in their trading. 1H useful to determine the major trend is happening while the 5M is used as a determinant of execution.
O yes, for a scalper, spread a very important role for them. The scalper is often times find a broker with a very small spreads. The smaller the better for them because the only difference between 1-2 points is very important.
The advantages of trading with a model like this is easy We get the profit that we pursue. The movement of 10 points can be achieved even when the market is very, very quiet and London and New york stock exchange was closed! Activeness. We must also open a position much larger than a Day Trader moreover Swinger. Capital which is included also do not need very large. $ 1,000 was more than enough. Even $ 500 was not a problem.
The downside? There. The most major problem is determining the point of a Stop Loss that will be taken. With the target profit is only 10 points so if we want a balanced then SL but we also have the same size that is 10 points. But the problem is the same as the target 10 points can be achieved easily, the Stop Loss limit of 10 points no less easy.
Then how do we determine if SL for 30 points? Is not it easier to profit while the SL became much more loose? True. However 3 x your income in the only loss 1x everything is even.
Well if Scalping without SL how? It is also not less difficult. It will be much easier to achieve profit. But imagine you had to wait for days because of your position floating negative but when you take your profit is only just 10 Points! Is not that weird? We bear the risk of a Margin Call is up to the level where almost all the money we lost but the benefits that we take only 10 points! It really makes no sense.
Ok it is a variety of trading methods used by traders in the world. It should be understood here that no single trading method that has been mentioned above is better than other methods. Each method has its own success people who have tried this method for years. But there also are losing money because of it.
The key here is to find a trading method that's right for you. Try asking yourself how much time and capital you have? Are you a busy in their daily work? If yes then join the Swingers. Or if you're happy with the adventure, join the Scalpers. No problems at all. As long as it suits your personality then it would be really useful.
What should be emphasized here is the use of multiple time frame will greatly assist you in determining the current conditions in the market. One simple key in determining the time frame is: the smaller time frame will always obey the larger time frame. This is important for you to understand. If you find your H1 graph shows the opposite direction D1 down and you show up it is a good way to wait until both are unidirectional. Or if you were forced to open a position so follow the larger time frame! Because within the next few hours it will drop the price but within days the price will keep rising and rising!
Quantity or Pips ?
I agree with the results of a small quantity of large pips. Increasing the quantity of trade is synonymous with increasing risk.
For example there are two scenarios:
1. 10 times qty 100 20 pips profit without a loss so total profit = 20 000 units
2. Four times qty 10 50 pips loss and four times the profit qty 10 550 pips for a total profit = 20 000 units
Which do we choose?
If I choose the second scenario because it is more realistic to reach the second scenario than the first scenario. If the first scenario is taxable loss 20 pips then just once a loss position was difficult in 2000 units which is equivalent to the total loss of the second scenario.
In the long term adherents of a second scenario in my opinion more to survive.
Relation of Chart and Time Frame Power
- I view with both charting and chart and TF relations of power.
- TF is the main door of a trading system.
- We view the market movements in one day at a time in the form of a bar and this means we see the movement of a market in the view, one month and one year
- Chart pattern that occurs here is one month and one year, and here people like to don’t understood in the trading system
- Though clearly masing2 TF have different perceptions
- Likewise with TF 4H means is that we understand.... market movements within 1 week and 1 month
- Meanwhile, 30m, 15m, 5m is the intraday / daily
- Entry, of course we use depends TF
- Likewise with SL and TP
- Here the need for a thorough understanding of a whole view of the TF so that we can decide wisely when we are SL or locking, because each TF has a rest , and this is what then makes the channel and the like
- This thorough understanding. Give us complete information so that we can ride the market all the time movement, and there was no hesitation on the mark "RED" in our meta, because if you are using SL, and then appeared a red alert!
- So back to the basic trading system, each of which used. TF set what they are, and here's why? why sometimes a trading system does not provide a good trigger when at a certain TF
- This simple crossed = analyze all TFs, but it is here the power of an analysis
- Suppose the triangle chart pattern, he sometimes appeared in the TF 5M, 15m, 30M or 1H, but he's very rare in the TF 4H, the reason is simple because a large range 4h
- While Triangle is a chart pattern that indicates a confirmation when the price will be changed, by the triangle because that will often be seen at the bottom 1h TF
- Yet another with the channel, instead he is more often seen in TF 30m, 1h and 4h
- Only with this capability is extremely flexible so we can see the market, and more discerning in determining SL, TP and Lock
- For entry then you will see something beautiful, that is where SL
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VTINX and MSIQX
There are two distinct issues we should think about.
a. A natural or, at least, common tendency to try to "outguess" the system: It is a completely psychological issue and we have to learn to resist it. In general, trend following systems have low reliability, meaning, only about 40% of trades conducted according to such systems are profitable. That is a given and it needs to be accepted up front.
b. Testing and adjusting the parameters of the system: The parameters of the system can and should be tested and adjusted as needed. A chart below illustrates this.
VTINX hit 10.73 eight months ago and it is still there. Those who have held, have not made any money, but they have not lost money either. On the other hand, those who executed the signals have actually lost about 1% of this position.
For example, if an investor had 100 shares of VTINX, eight months ago his position was worth $1073. He would then have only $1066 after selling his shares for $10.66 in January - see the arrow Down. He would buy 99 shares for $10.76 - arrow Up in March that he would sell for $10.86 in May. He then could have bought no more than 99 shares at $10.80 or above now if we had got a buy signal.
Also, if this is a 401K or other "regulated" plan, then the investor might have been restricted on how often he is allowed to get in and out of a fund (over-trading rules).
One solution to this issues is to adjust parameters to reduce the number of signals. Here is the same chart with three ATR stops.
Another illustration from the last week is Morgan Stanly International Fund. This is how it looks with our standard 2 ATR 7 week parameters
and this is 3.5 ATR 6 weeks
How to be a Contrarian
Contrarians know they must not fight the prevailing trend. If the market is moving from the lower left to the upper right, they participate. When signs the trend is ending, they add more down side protection to their portfolios including reducing the size of their long positions.
Once the trend has turned and their trailing stops and protective puts have down their job, they look to find a new trend to follow. This can be a downtrend. They do not fight the trend. Rather they embrace it.
Contrarian investors look for situations when the market, sector, or stock becomes significantly overvalued or undervalued. These situations offer good entry or exit opportunities to capture additional profits. When an opportunity presents itself, contrarian investors complete their thorough evaluation before the make a commitment. Mis-priced opportunities arrive when people let their emotions take control over logic and analysis.
Contrarian investors believe that following the crowd leads to losses and missed opportunities. When the crowd reacts to news or speculation about a stock or the market, the price can rise of fall so far, that has mis-priced the value of the company or the market.
For example, a company finds it must recall a product due to a design or manufacturing problem. The recall causes widespread pessimism about the company and drives the price of the stock to new lows. The problem is real though the perception of the value of the stock is misplaced. Contrarian investors recognize these situations as opportunities. Once the selling is over and the company puts in place the necessary actions to correct the problem, the price recovers. Any investors who bought shares when the problem was at its worst, realize above average gains.
Similarly, widespread optimism often results in high valuations that cannot be justified by fundamentals. Eventually, the market recognizes the situation and the price falls. Again, contrarian investors try to avoid these highly hyped stocks, as the risk of a fall is greater than the reward of it climbing higher.
The contrarian investor looks to be part of the "smart money," those few investors who recognize that crowd behavior tends to be wrong often. When the smart money players recognize this situation, they seek to benefit from the extreme sentiment expressed by the crowd. Bad news often overstates the risk and prospects of a company. Many investors will sell these shares in a panic to avoid owning the company's shares. Contrarian investors identify and buy distressed stocks, selling them when the company recovers, leading to market beating returns.
In similar fashion, overly optimistic investors can drive up the price of a stock or the market to valuations that do not make economic sense. Eventually, these high expectations do not pan out and the price plunges. Contrarian investors are careful to exit or avoid these exaggerated situations. By going against the crowd, that has an unfounded belief in direction of the market, contrarian investors prepare to go the other way and avoid the losses the masses experience.
Deciding when to enter a contrarian trade requires a certain amount of fortitude and confidence. In 1999 and early 2000, the dot-com boom was underway. Many investors believe that the internet ass changing the nature of business. As a result, many of the fundamental and technical measures of performance were no longer valid. Along the way, many people bought into the market driving up the net capital inflows to all time highs. Much of this new money came from retail or non-professional investors driving up the NASDAQ. Once the inflow of new money tapered off, there was nothing left to support the extremely overvalued market. The market crashed.
Those who recognized that the market was overvalued were able to exit their positions. A few contrarian investors did not believe the hype. While many of them missed the run up, they also avoided the plunge. A few others maintained their trading discipline keeping their down side protection in place. When the market turned against them, they were able to exit their positions after enjoying the incredible run up.
The April 28, 2008 issue of Barron's had an article titled "Back in the Pool." They surveyed a number of professional investors to get an idea of their thoughts on the market. At the time the market had been in a rally that began in 2003 and was reaching what some thought were over heated conditions. Here are the results of the survey:
1) Describe your investment outlook through December 2008:
'¢ Very Bullish: 7%
'¢ Bullish: 43%
'¢ Neutral: 38%
'¢ Bearish: 12%
'¢ Very Bearish: 0%
2) Is the U.S. stock market overvalued, undervalued, or fairly valued at current levels?
'¢ Overvalued: 10%
'¢ Undervalued: 55%
'¢ Fairly valued: 35%
Essentially, there was a strong crowd mentality as the vast majority viewed the market favorably. By the end of 2008, the S&P 500 had fallen from a high in the 1400 area to 735 area. Those that stayed long saw their portfolios fall by more than 40%.
Forex Contes 2010
Contest among DEMO-accounts. Period of holding is once a month. The total prize fund – 46400 USD. The Contest consists of 4 Steps and Final. The period of holding of the first Step is 31.05.2010 – 25.06.2010. The registration in the first Step of the Contest will start on April 5 2010 and continue till 3 Sep 2010(GMT+2. Registration here : http://instaforex.com/contest_forex_greatrace_reg.php
Forex is the worst market
So the question now, whether we are now in the market is wrong or we're actually wrong enter market, a market in which we are against the broker was not a trader in another world, a market where liquidity that overlap (mean ane one pair will affect the entire pair existing), while the shares, such shares tumbled earth, would affect the movement of telecom stocks?
With such events in the forex to be random movements, for example: suppose that the EURUSD pair has touched Resistance strongest, form a triangle, but GBPUSD, EURUSD traders who'd sell first, not know GBPUSD traders more time to buy because they see action triangle break up a bit, and immediately increased the lead EURUSD GBPUSD also finished up, It's just a small example of where the movement of one pair is determined by some pair.
Let us compare with the stock, say Microsoft, trader always focus with charts microsoft, with its fundamental focus, when it touched Resistance chart, all microsoft stock traders around the world doing the same action that is sell. No other shares that will affect the decisions of this microsoft stock trader. So many who said that enough stock trading buy low sell high, because I'm sure profit.
How to use Fibonaci Trading
Scalping Strategy by Athalia
Indicators used are:
1. Exponential Moving Average period of 5 apply to the High (Blue)
2. Exponential Moving Average period of five apply to Low (Red)
3. MACD (12,26,9)
Rule:
- At the 30M TF cross we saw earlier and MACD is starting with close prices above the upper channel (OP BUY) and close below the lower channel (OP SELL) this is where to start to determine the trend. In this case we call the trend for the position OP BUY UP and DOWN trend SELL OP position.
- Later in the TF 5M conditions already cross the MACD
- For the first time position open immediately after the close prices above the upper channel (Trend UP) and an open position immediately after the close price below the lower channel (DOWN trend) that confirmation was in TF 5M.
- OP position when the price recurring each time touching the upper channel (for the trend is down) and lower channel (Trend UP) by looking at the MACD in the same direction (according to trend) can be viewed on the 5M TF.
Exit:
1. In the 5M TF occurred MACD cross
2. At the 30M TF there is a change of cross MACD
3. Target 15 points minimum, maximum change in TF MACD cross 5 M or 30M
Stoploss:
For the first open position and repeatedly put stoploss 15 points from High or Low in the candle / bar that has been used as an entry, ie above the upper channel (DOWN trend) and below the lower channel (Trend UP)
NB: it's just for my scalping was benar2 TF never use a larger pair of TF 30.
Chart Analisys by Kang Gun sesion 1
"To be useful learning tonight ... I want to share a few tips on how to we can learn very effectively. The key is received intact and do not judge the first ... the point this way, accept everything that we received first round object by behaving as if something that we have received is a new thing ... even (perhaps) we already know or probably even understand it very well. "
Read more...
Comparing the two brokers
Some of us may still have thought to compare the charts from our brokers with a chart from another broker.
Look at the following picture above, left side and capture result from ikofx the right of local brokers futures international victory. Both the EUR/USD pair with a time frame M15, the candlestick different greatly. From here we may have a negative thinking X fraudulent brokers, connections slowed, and so forth. When in fact, each broker has its advantages and disadvantages of each. A true trader should be focused and consistent with his own decision. And do not want to receive lose and not greedy. Best wishes.
Naoto Kan
Japan’s Finance Minister Naoto Kan won the backing of senior Cabinet colleagues to succeed Yukio Hatoyama as prime minister as the ruling party sought to present a united front ahead of upper house elections next month.
Foreign Minister Katsuya Okada and Transport Minister Seiji Maehara said they won’t compete to lead the Democratic Party of Japan. Should Kan be elected tommorow in a vote by DPJ lawmakers, the party would then use its majority in the more powerful lower house to appoint him as prime minister.
The DPJ is rushing to anoint a strong leader to avoid infighting and ensure progress on campaign promises such as expanding the state-owned postal system’s operations. Hatoyama stepped down yesterday after less than nine months in office, citing a broken promise to move U.S. troops off of Okinawa.
The Nikkei 225 Stock Average posted its biggest gain in six months today, surpassing other regional benchmarks that rose on increased sales of homes and cars in the U.S. The index climbed 3.2 percent after falling 1.1 percent yesterday.
Hatoyama resigned less than a year after the DPJ took power and overturned half a century of almost uninterrupted one-party rule. His replacement will be Japan’s fifth premier in less than four years and has to revive the party’s fortunes ahead of mid- term elections next month.
Source: financeroll.com
Train and Milling Patience
Lin Wei is the youngest college Shoulin monks in northern China. On one when a group attacked a rebel from the South Shoulin village near the university.
Because the enemy is too many, then some monks shoulin down helped drive the enemy from the village. Battle with empty hand and weapons so great, so many monks the wounded.
From the castle shoulin, Lin Wei could only watch his colleagues fighting. Lin Wei, clenching his hands and ran to retrieve war supplies such as bamboo and sword. He desperately wanted helping his friends in battle.
When the newly opened main gate, there was screaming loud Lin Wei echoed until the ear pain. It came from the teacher. He banned Lin Wei to fight, because the consideration of a case. Wei Lin pleaded with her teacher to take part in combat, but teachers said only. "At one time, when the learning is complete,
then I allow you to Lin Wei to fight. "
From the illustration above can be described as his case a "trader", to always introspection." What have I learned? or Is have enough knowledge to dive in the world in real forex trading this?.
Traders are "high-quality", will not go into the arena if not complete "weapons". Patient to continue practicing on a demo before entering the "real". Traders do not ignore the high-quality the demo. Demo for him is a guide of success, Every transaction of the demo is "recorded", the "print" and then back "The analysis" then on "check the profitability of his strength.
It does not matter whether the trader is already "old" or "new", if not diligent to "ask", if not diligent to "analyze" primarily "to make a demo deal", refused to "different" from Most traders will be TTS or logo affixed to the sea
aka "Just into the sea."
The patience to continue to explore the world of knowledge in this forex trading
is a prerequisite for long-term success. Sometimes many which asked "How long do I must Demo Account? usually I replied "
1. Until you feel comfortable with your own trading "
2. Comfortable with the security of your equity.
3. Comfortable when you grow and Equity
4. Comfortable also "do the right thing" when your Equity reduced.
Once again, patience holds the key to successful trading in this trading world.
Simple EMA and Bolinger Band
Red = EMA 5
Blue = EMA 50
and the Green = Bolinger Band 20
then there are three entry points ..
1. Crossing the midline EMA 5 bolinger band or like I call the mid bolinger
2. Crossing EMA 50 with EMA 5
3. Candle bodynya the overall position is outside the band bolinger
Movement direction I see in H4 while for go to the market, I use M15 time frame this also means that if the H4 direction is still down, I will be patient to only take advantage of all crossing the support down and let all the crossing that does not support. then if use SL, then located in the outer bands bolinger.
If the clay image that I display, then the M15 I will still sell for position, because H4 was beckoned down.
Also for the record ... usually when the 5 EMA crosses with mid bolinger, the nearest target is the EMA 50 and the farthest is bolinger outer bands ... with EMA EMA five crossing 50 has the closest target in outer bolinger while for the third entry, usually the closest target is the mid bolinger and EMA 50.
I also recommend if make this model, must be in a condition ready for the trading profit .. so then brush, do not chat or be left in, just pursue profits, do not chase pipsnya .... good luck ..
BAWAG Scandal
BAWAG Profile
Bank für Arbeit und Wirtschaft is a bank in Vienna, Austria with the mission as a bank serving the Commercial banking, Investment banking, private banking and asset protection clients. Established in 1922 and on October 1, 2005, the bank's merger with investment institutions Österreichische Postsparkasse (PSK) and the name was changed to "Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG", abbreviated to BAWAG PSK Actually a majority stake Österreichische Postsparkasse (PSK) has been controlled by BAWAG. But only in the year 2005 the merger occurs.
BAWAG scandal nearly ruined by Refco in 2005 with the existence of bad debts amounting to 425 million, giro and ditotal bonds amounting to 1.4 billion Euros for Forex transactions. People who are related to internal party named Wolfgang and Helmut Elsner Flöttl.
Unable to survive because of the large losses that the U.S. investment firm Cerberus Capital Management bought BAWAG with funds amounting to 3.2 billion pounds.
Refco Profile
Refco is a futures brokerage firm that includes forex trading, indexes and commodities. Founded in 1969 under the name "Ray E. Friedman and Co.." or shortened by Refco. In 2005, Refco transaction volume reached $ 4 billion in 2005, with customer numbers reaching 200 thousand people. Refco also included in the list of brokers in the Chicago Mercantile Exchange
Wolfgang scandal Flotti&Helmut Elsner
elsner.jpg
Financial scandal began on October 10, 2005 where the CEO (Chief Executive Officer) and concurrent leader Refco, Phillip R. Bennett hid $ 430 million funds for unbeknownst to investors and auditors. In April 2006 Bennett crimes known to the customer file from Bawag PSK Group (a member of the investment firm / hedge fund Liberty Corner Capital Strategy, Refco place to borrow money.) Bennett can be concluded to borrow money to BAWAG. Bennett handed the money $ 430 million to investment firm Ross Capital.
flotll.jpg Wolfgang Flottl was a trader at Capital that mentradingkan Ross Bennett funds which amounted to $ 430 million. Before the public know the embezzlement of funds by Bennett, so Bennett borrow money again for 350 million Euros to the BAWAG to close the fund amounted to $ 430 million. BAWAG internal party which approved loan limit is Helmut Elsner Bennett. Problems began when the investment made by Wolfgang losers. This is where the complicated process of happening. Finally, the Austrian Central Bank and Financial Market Authority, the body knows there is something wrong and investigate BAWAG's involvement with Refco.
Bennett eventually arrested and required to pay all its debts. Overall Bennett, Wolgang, and General Director of BAWAG Helmut Elsner was arrested authorities.
For committing acts detrimental to speculation and fraud that the bank BAWAG (4th largest bank in Austria), in the end (derived from AustriaTimes) Helmut Elsner and Wolfgang Flotti each sued for 09.05 years and 2.5 years in prison.
BAWAG bank scandal would eventually bring the total nine people were prosecuted into custody. The huge losses experienced by BAWAG result in this company sell to Cerberus Capital Management LP in 2007.
Here is the error made by his prison sentence Elsner which resulted in quite severe:
1. Helmut Elsner banks lend funds to the U.S. futures at Refco Inc., which was in the bankruptcy.
2. Helmut Elsner also plead guilty has been lending money to Wolfgang Flotti because lending is based on risk and without liability. More than that, Elsner also did not disclose the amount of money lent after the fund had loaned it out, since the act of speculation. He was also found guilty of receiving bonuses and retirement benefits that should not have received if from the beginning he has caused substantial losses.
While for Wolfgang Flotti not described in detail the action he did. However, as a hedge fund manager, he is being prosecuted for the actions of an improper use of funds, fraud, and deception in reporting.
However, despite all that, according AustrianTimes, Wolfgang and Helmut Elsner Flotti still have the right to request review of their case.
Soros and the Asian Monetary Crisis
Because the beginning of this crisis is clear. All this stems from a dirty game that is international currency speculators to bring down a number of currencies in Asia. One powerful speculators who have capital, and therefore most big role in this crisis, is George Soros through its financial management institutions. No wonder if the Prime Minister of Malaysia at that time, Mahatir Muhammad, states, George Soros must be responsible for the monetary crisis that hit several Asian countries began the second quarter of 1997.
Mahatir linking globalization with this crisis. Mahatir said, Once we receive and apply the globalization of economic freedom in our country, economy and our money to attack the great powers of world finance and those that are benefited by this system. Mahatir added that the results of 40 years of hard work just vanished Malaysian nation in a few weeks due to work some people and there is no international law than anything that can be used to deal with people like this.
Prime Minister Mahathir's remarks, "Trading money is immoral deeds. "The fact it shows that the currency trading or foreign exchange tend to harm the weak. Currency speculators did not hesitate to shake the stability of a country for their own benefit. In monetary cases in Indonesia, mid-year 1997 was a period when the payment of corporate debt-maturity private corporation with around 8 million dollars. Not to mention if the SOEs are also taken into account debt maturities and government obligations to pay the mortgage debt and related interest, which is big enough, which is around six billion dollars. That is, at that time, demand for dollars increases. At that moment, the currency traders bought the dollar and then sell at high prices. As a result, thousands of Indonesian companies went bankrupt, prices have soared so high that the number of poor people increased sharply, and the Indonesian government is now burdened with debts amounting to 1.5 thousand trillion rupiah.
Sri Mulyani was appointed a director of the world bank
World Bank President Robert Zoellick said Sri Mulyani Indrawati, a leading finance ministers and said she would play an important role in helping to lead the bank's move to strengthen its client support and implement reforms.
Sri Mulyani appointed as finance minister of Indonesia since 2005, directing the economic policy of one of the largest country in Southeast Asia. In his new role, Sri Mulyani will supervise or oversee the three areas namely the World Bank Latin America and the Caribbean, Middle East and North Africa, and East Asia and the Pacific, the statement said.
Sri Mulyani will be joining the World Bank on June 1, and will replace Juan Jose Daboub who completed his four-year period as Executive Director on June 30, the bank said, as reported by Reuters.
He confirmed the news and still have to wait for approval and permission from the President. "The news was true and now I will still of course depend on the approval and permission of Mr. President," he said to the press after a seminar in Jakarta, today
Forex Class
Some people open a real account without sufficient practice time just because they made a few times their profits in the demo account! We will learn later what it is
demo account and why it's important. What is clear, open a real account without
good practice with the same fighting without a gun. Suicide.
To that end, Learn Forex understand the need for an educational module appropriate and targeted to all beginners in learning forex trading. The hope is no longer beginners forex confusion and asked: "Where I have to start learning forex
Me? " Yes of course the best place for you to learn is in school. We spent nearly one third of our lives with the school. Now, if there are schools for doctors, engineers, architects, and more. If so the right school for you and I to learn forex trading Forex School yes. This school is not a name. Still generic. So
we refer to this Forex School.
Each module is designed to make ordinary people understand the concept of trading.
Starting from the macro picture of the forex investment up to the smallest detail
though. Entering the higher levels, you will be given more in-depth knowledge about the psychology of forex and more money management.
Do not disconnect your forex schools middle of the road! Stay tuned based on the sequence, do not jump around and remain consistent studied. Each class had to pass though sometimes tedious. Ok, here's our forex class division. Classes will be divided into four levels.
1. Sitting Duck
In the first level is called Sitting Duck Class. Here You will learn the basics of investing and a little common sense forex. This class is for you who are still fairly common in investment world.
About why we call the "Sitting Duck", it is because the newbie is still classified as an investor Beginners can become easy targets as well as various types of fraud
market volatility. The forex market is not suitable for the "sitting duck".
They are a class of people who see the world of investing solely about profit without knowing they're there in the area dangerous and there are 'predators who lurk'. Danger in the form of risk market and the fact that the world of investing course. Just the same as any other business that is in it there is a good person
and evil people who are looking for prospective prey.
2. Walking Lamb
The second class is called "Walking Lamb. You already can be estimated Start walking and no longer sits like a duck (the target tender). Sheep can recognize a wolf and be away from him toward safer place. But however remains a sheep sheep. A sheep that runs remain a sheep. Do not have a enough ability to avoid enemy let alone repay. Learn things that are more advanced about forex here. You've started entering the forex from a practical side and no longer mention the concept the only real basis of well known and not needed anymore when you begin actively trading.
3. Running Pig
Yup, pig run. Somewhat vulgar but most forex traders are stuck here. A pigs can run fast but difficult to turn and no agile at all in his run. Fast indeed, but do not have enough the ability to see what was happening in front of them. Likewise
Most traders behave like this. They assume the know this and that theory and the theory was proven a few times in the past, they felt they had discovered the true key of the trading the truth and then entered in real trading with blind. Market forex trader is full of graves like this.
4. Fox Hunting
Well here it is the last class of our forex journey, Not in a hurry but that does not mean timid. Brave but not remiss. Know when to come in and attack, when to exit and when to shut up and continue to lurk patiently. No idealist but realistic. Quickly changed following the market movements cleverly and make the market as their quarry. May be a dangerous game but they have been preparing all possibilities that could happen so they deserve to be called fox hunting. Not much can reach this stage, to those who speculate and gain profit from the market consistently.
