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Monthly Archives: February 2008

a cup of morning woo please!!

courtesy of PFX

testing a new system…again!

its my hobby! what 2 say???
settings: on M15 chart
1. candle: blue for bull, red for bear
2. moving averages: 12ema – sky blue, 26ema – lime green —-> for filter purpose
3. demark trendline trader – a custom trendline i download from FF
4. fibonacci retracement
5. MACD: standard (12,26,9)
try the settings out. watch closely for the [...]

EU..finally!!

Finally, it did break the 1.500 level this morning. a nice clean shadow was recorded at price level 1.5046, Malaysian time +-6.00 am..i miss it though becoz of my latest commitment..but hey, its forex!! history always repeat itself.for those who stays long, for a very long time, then its a good news for you guys. [...]

weekly technical strategist 17 feb 08

as always, lets see isah’s analysis,
EURUSD: Break Of The 1.4751/52 Area Required To Reduce Downside Threat
Directional Bias: Nearer Term –Bullish Short Term –Mixed Medium Term –Bullish my comment: it seems that this is a bullish week for EU. you can easily get 100 pip if you open a buy position yesterday, [...]

tips i pick from Steve DeWitt

YOU MUST HAVE WINNING ATTITUDES
Confidence: Trust or faith. A feeling of assurance. The state or quality of being certain.This is a needed quality to become a successful trader. Confidence in what you are doing. Confidence in the system you are trading. Confidence in your trades.
Determination: The act of making [...]

testing the OZfx system

i have a habit..a very good one too. i like to test others system and see whether it suits my style or not. recently i tested OZfx system on GU daily. i found it very useful becoz:1. my day job has keep buzy..and i didn’t get the chance to trade UJ, AU and EJ as [...]

its february..

i’ve been away for two weeks..away from forex trading and away from all the IT stuff. i haven’t open my laps for quite a while..fell strange..but feels good..after a 2 weeks break, i am sure there’s a lot of things happening in the market. USD still the major concern now, together with EUR, GBP and [...]