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Monthly Archives: December 2007

set your mark, get set, trade!!

the Forex market had been nice to me lately. yesterday i got 133 usd after nearly an hour of trading. today, i open trade for UC, EU and GU and you know what?? 24.59usd in just 16 minutes!!! hahaha. my initial target is 20 pip per day remember? so did i manage to hit my [...]

wowwwwweeeeee!!

guys!! believe it or not??? i got 133.07usd in less than an hour!! haha. the secret? trade by the news, read, practice, and more practice!!
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sum the above amount and you’ll be amazed!!! good night my fellow traders and hepi trading!!

talking about moving averages..

hollaa!! merry Christmas to everybody! njoy your holiday? hope so. i know i did!emm today i’m going to share a little bit about moving average. lets start, shall we?
A moving average is simply a way to smooth out price action over time. By “moving average”, we mean that you are taking the average closing [...]

about fibonacci..

just to share some info with you..
price retracement levels: 0.236 , 0.382 , 0.500 , 0.618 , 0.764
price extension levels: 0 , 0.382 , 0.618 , 1.000 , 1.382 , 1.618
blue set = use in trading as possible support and resistance level. the reason we have this expectation is that traders all over the world [...]

Forex trading tips

i would love to share some tips which i discover while browsing the net:
1. you must have a stop loss policy. practice at sticking at it.2. you must have a trading plan/system.3. trade with the trend.4. learn not to trade. a day of no trade is better than loosing one.5. don’t set false targets and [...]

i do it my way..

setting a template is an easy task. you can actually download it from FF or any other forums. the hardest part is to identify the system that works, i mean really works, for u. me? i do it my way..
1. the 5 am (6 am) technique: wake up early in the morning.open my laptop. so [...]

traditional pivot points

what is pivot points? well pivot points is the price at which the direction of price movement changes. it is calculated using data from the previous trading day.so how do you calculate it?
Pivot point = (H + L + C)/3 First support = (2 * Pivot) – H [...]