Posts
What is Spread in Forex and how to Calculate it?
3 years ago
Monday, August 4, 2008
AWAY
My sincere apology for not being able to update information. It has been approximately 3 to 4 weeks I've been away due to unforeseen circumstances that cannot be avoided. Any inconveniences caused regretted.
Read more...Wednesday, July 9, 2008
LATEST SIGNALS FOR GBP/USD, USD/CHF, EUR/USD
GBP/USD BUY TARGET = 1.9880 STOP LOST = 1.9640
USD/CHF SELL TARGET = 1.0230 STOP LOST = 1.0365
EUR/USD BUY TARGET = 1.5841 STOP LOST = 1.5600
UPDATED 9 JULY 2008 4:10 AM GMT+8
***daily signal***
RESULT OF SIGNAL - 7 JULY 2008
TOTAL TRADE 3 POSITIONS. WIN 2 POSITIONS EUR/USD (133PIPS) & USD/CHF (100PIPS). LOST GBP/USD POSITION (30PIPS). SMILE......!!!!!! Read more...
WEEKLY RESULT (30/6/2008 T0 4/7/2008) - TOTAL 563 PIPS
Date Pair Signals Win /Lost
30/6/08 USD/CHF BUY win 17PIPS
30/6/08 GBP/USD SELL win 57PIPS
30/6/08 EUR/USD BUY win 22PIPS
01/7/08 EUR/USD BUY win 62PIPS
02/7/08 GBP/USD SELL win 123PIPS
02/7/08 EUR/USD SELL win 27PIPS
02/7/08 USD/CHF BUY lost 81PIPS
02/7/08 USD/CHF BUY win 33PIPS
03/7/08 GBP/USD SELL win 90PIPS
03/7/08 USD/CHF BUY win 130PIPS
03/7/08 EUR/USD SELL lost 25PIPS
TOTAL WIN 615 PIPS
TOTAL LOST 52 PIPS
TOTAL NET 563 PIPS!!!
please click at the signals (BUY/SELL) and PIPS to view details
Monday, July 7, 2008
LATEST SIGNAL FOR GBP/USD, USD/CHF & EUR/USD
GBP/USD BUY LIMIT = 1.9730 TARGET = 1.9840 STOP LOST = 1.9700
USD/CHF SELL LIMIT = 1.0330 TARGET = 1.0230 STOP LOST = 1.0356
EUR/USD BUY LIMIT = 1.5620 TARGET = 1.5760 STOP LOST = 1.5590
UPDATED 7 JULY 2008 3:45 PM GMT+8
***daily signal***
RESULT GBP/USD 4 JULY 2008
Back at my prediction that I made on 4 JULY 2008, I predicted the price of GBP/USD turning back at 1.9851. Unfortunately the price only reach at 1.9848 before market close last week. Then the trend BEARISH again but it bearish after market open which not in my mind!!!Sunday, July 6, 2008
Free Forex Webinar with Raghee Horner
Join trader and author Raghee Horner, author of Forex Trading for Maximum Profit and Thirty Days of Forex Trading (Wiley) for an exciting and informative trading seminar. Register now and take advantage of this opportunity to watch and learn how a professional trader goes about developing her edge in the markets! Topics will include:
- Understand how to play the 24 hour forex day
- Take advantage of volatility
- When to time your trade entries
- Understand how to place your profit targets and stop with PowerStats
- Know you average pip ranges before you enter a trade
Only the first 500 registrants will be able to take part in the live Webinar, so be sure to be among the first to sign up.
- Understand how to play the 24 hour forex day
- Take advantage of volatility
- When to time your trade entries
- Understand how to place your profit targets and stop with PowerStats
- Know you average pip ranges before you enter a trade
Only the first 500 registrants will be able to take part in the live Webinar, so be sure to be among the first to sign up.
Friday, July 4, 2008
RESULT OF EUR/USD-3 JULY 2008 4:30PM GMT+8
The signals EUR/USD interesting topic to discuss with all of you guy! Is there any spike at 1.5908? No! Absolutely no! If you lost the position at this trade yeah....I am the one to be blame but REMEMBER as I said "DON'T FORGET TO PUT PLUS MINUS 8PIPS". I lost the position! I also forgot to put plus minus 8pips!!!! A LESSON TO LEARN!!! For those who are dare to FAIL and LIKE to blow the account without do stop lost to SELL GBP/USD, congratulations!!!You MADE THE CRUCIAL DECISION!!!! Myself---KNOCK KNOCK KNOCK MY HEAD TO THE DOOR!!!
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RESULT OF USD/CHF-3 JULY 2008 4:30PM GMT+8
At the time I wrote this signals, the price of USD/CHF was about 1.0130. From the result you can see the target is only 1.0270 and 1.0283 the highest!!! So smile again...100 - 140 pips!!!
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RESULT OF GBP/USD-3 JULY 2008 04:51:00 PM GMT+8
After 8 hours trading, as expected before, the trend of GBP/USD BEARISH after 2 hours US market open. This situation maybe occur due to the isue of OIL PRICE.(I don't know. I don't read the news) . Others isue influence this situation as mentioned in IBX=>"(RTTNews) - A terror suspect, who is said to have close links with Osama Bin Laden, has been released on bail after the Special Immigration Appeals Commission overturned an earlier court ruling allowing the man''s deportation to his native Algeria, said British officials on Thursday.The Algerian terror suspect, identified as ''U'' by the officials after a court order prevented him from being publicly named, was freed from Long Lartin high-security prison in Worcestershire, the officials added.''U'' was arrested at London''s Heathrow airport in 2001while attempting to board a flight to Saudi Arabia with a false passport and has been in custody ever since. He is also accused of being linked to group with close ties to the al-Qaeda that planned to bomb a Christmas market in 2000. Earlier, the Special Immigration Appeals Commission had ruled against his deportation to Algeria and was granted bail after his lawyers successfully argued that it was wrong to detain him in custody after the SIAC ruling, said officials.Meanwhile, the British home office said that they had sought the strictest bail conditions for ''U'' as his deportation proceedings continued. However, his bail conditions were not disclosed to the press.Just a couple of weeks ago, Radical Islamic cleric Abu Qatada, who was once described as "Osama bin Laden''s right-hand man in Europe," was also released on bail following a British court ruling in April which prevented his extradition to Jordan.For comments and feedback: contact editorial@rttnews.comCopyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved"...Ahh...ITS NOT IMPORTANT GUYS...AS I SAID, I ALWAYS TRADE WITHOUT THE NEWS!!!! Only experienced FAILURE situation!!!
By the way...the target of GBP/USD (1.9793) almost achieve. There is important of plus minus of 8 pips (1.9801). So for you guy who follow my signal & achieve your target, smile...and enjoy your day!!! I am still waiting the trend to BEARISH again after the price 1.9851.
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Thursday, July 3, 2008
TIPS FOR GBP/USD
after
before
Its not really easy and not really difficult to make your decision. Look at the snap shot before and after. So now you can traget sell GBP/USD until 1.9793 but don't forget plus minus 8 pips depends on your broker platform.
LATEST SIGNAL FOR GBP/USD,USD/CHF & EUR/USD
GBP/USD SELL TARGET = 1.9780 STOP LOST = 1.9950
USD/CHF BUY TARGET = 1.0270 STOP LOST = 1.0110
EUR/USD SELL TARGET = 1.5790 STOP LOST = 1.5900
UPDATED 3 JULY 2008 4:30 PM GMT+8
Wednesday, July 2, 2008
LATEST SIGNAL FOR GBP/USD, USD/CHF, EUR/USD
GBP/USD SELL TARGET = 1.9885 STOP LOST = 1.9884
USD/CHF BUY TARGET = 1.0267 STOP LOST = 1.0127
EUR/USD SELL TARGET = 1.5672 STOP LOST = 1.5922
UPDATED 2 JULY 2008 9:00pm GMT+8
A LESSON TO LEARN
What you think? What to see HANGMAN or HAMMER (above picture TF5min) ? The conclusion is always refer to TFH4. Want to know more about HAMMER & HANGMAN? Here
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WIN MORE THAN LOST!!!
I lost at EUR/USD about 17PIPS (-USD1350)!!! But at the same time I won 4 position!!!
3 position in USD/CHF 2 buy and 1 sell position. 1 position at GBP/USD sell position. Maybe some will say "IT IS A LUCK ONLY".....yeah maybe...maybe not..why? I made the decision first by predict where the market goes! I lost because I won't lose more. REWARD RATIOS. Guy please don't look at the GBP/JPY. The pair is too volatile!!! But again HIGH RISK HIGH PROFIT!!!! smile...
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LATEST SIGNAL FOR GBP/USD, USD/CHF, EUR/USD
GBP/USD SELL LIMIT = 1.9970 TARGET = 1.9847 STOP LOST = 1.9992
USD/CHF BUY LIMIT = 1.0169 TARGET = 1.0250 STOP LOST = 1.0134
EUR/USD SELL LIMIT = 1.5807 TARGET = 1.5749 STOP LOST = 1.5830
UPDATED 2 JULY 2008 6:00 AM GMT+8
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.5710; (P) 1.5774; (R1) 1.5816;
At this moment, EUR/USD is still bounded in consolidative trading inside tight range below 1.5836. With an intraday top in place, further sideway trading could be seen. Nevertheless, further rally is still in favor as long as 1.5718 minor support holds. As discussed before, at this moment, it's uncertain what form of pattern will the consolidation from 1.6019 eventually develop into. 1.5843 remains a key near term focus. Break of this resistance will add favor to the case that consolidation has already completed at 1.5302 and will bring stronger rise to retest 1.6019 record high first. On the downside, below 1.5718 minor support will flip intraday bias back tot he downside for 1.5468 support first. Break will confirm that EUR/USD has started the final leg of triangle towards 1.5302 support to complete the consolidation from 1.6019.
In the bigger picture, a medium term top is in place at 1.6019 after meeting 1.6 psychological resistance. Subsequent sideway consolidation should be close to completion, it not finished already. As mentioned above, above 1.5843 will indicate that such consolidation has completed. Further decisive break of 1.6019 will confirm this case and bring rise to 61.8% projection of 1.4309 to 1.6019 from 1.5284 at 1.6341 first. On the downside, while another setback could still be seen before completing the consolidation, downside should be contained above 1.5302 support. Break of this support level is needed to switch to the case that price actions from 1.6019 are developing into deep correction to test 1.4966 cluster support. MORE
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USD/EUR the best forex market to trade news?
Just share to all of you guys ==>
part 1 -
After a long period spend in trading news .... before a strong news ... Forex calendar is the best ... I have this statistic ...
87% trade positive usd/eur
76% Gb/usd
54% UsdJPY
40% UsdAUD
36% UsdCHF
Have you got similar experience ... I see that in thsi forum are few news traders ... Write you experience...
part 2 -
Why we all trade the forex .... To gain money ... To trade news if you give money is a good trading system ... A profetional trader .... live only of trading ... he doesn' t work for bank or financial structure ... You are a profecional trader ... but are you sure you live only of forex ? ... I will be to compare your result to my results .. if you want we open a demo account and we post our trade five minute before we do ... We do this for one week ... who gain send to the other 1000$ by western union ok... To have the 87% of trade win is a good score ... I live only of trading news ... And I guarantee you ... My life is nice ... I test all the trading system that people write ... I test with real account ... because demo account are no true ... and I guarantee you no one works ... to work it means that you can live only of forex ... So I would like to share a part of my TRADING SYSTEM with other traders ... One or two trades every day ... for maximum 4 minutes ...giannandrea
If you ask the same question to me "DO YOU TRADE USING NEWS?" the answer is easy "NO"
Tuesday, July 1, 2008
LATEST SIGNAL FOR GBP/USD, USD/CHF, EUR/USD
GBP/USD BUY LIMIT = 1.9889 TARGET = 1.9933 STOP LOST = 1.9870
USD/CHF SELL LIMIT = 1.0233 TARGET = 1.0171 STOP LOST = 1.0272
EUR/USD BUY LIMIT = 1.5722 TARGET = 1.5792 STOP LOST = 1.5686
UPDATED 12:31 AM 1ST JULY 2008
Monday, June 30, 2008
RESULT OF EUR/USD-30 JUNE 2008 8:42 PM GMT+8
TO GOOD TO BE TRUE!!!! Amazingly just doing trendline you will get the profits!!! The best is just follow my signal! Result 1.5790 - 1.5758 = 22 pips. If you buy 1.0 lot of EUR/USD you gain USD220!! ROCK IT!!!
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LATEST SIGNAL FOR EUR/USD - THE TRICK
At this time 8:45pm(GMT +8) ,TFH1 EUR/USD seem like seller really tired to sell (below snapshot). This give advantage for buyers to take over the chances for a while!! But don't forget TF4 and daily look like to bear again so don't forget to put your stop lost 1.5730. Waiting for the result...i have to go out first...DINER
!!!
!!!RESULT OF GBP/USD-30 JUNE 2008 12:13PM GMT+8
Look at the market situation today for GBP/USD...it is good to SELL since the candlesticks TFH4 indicate bear trend!!!!
By follow the signal, result target pips is 1.9950 - 1.9893 = 57pips.
If you sell GBP/USD 1.0 lot simply you gain USD570!!! If your target exit until 1.9788 now u can start make trailing stop (if available at your platform) at 40 pips, so you still got the blues to profit it!!!! smile...yet waiting until the market going down to 1.9788..(162 pips)!!!
Read more...
By follow the signal, result target pips is 1.9950 - 1.9893 = 57pips.
If you sell GBP/USD 1.0 lot simply you gain USD570!!! If your target exit until 1.9788 now u can start make trailing stop (if available at your platform) at 40 pips, so you still got the blues to profit it!!!! smile...yet waiting until the market going down to 1.9788..(162 pips)!!!
RESULT OF USD/CHF-30 JUNE 2008 5:45PM GMT+8
Look at the market situation today...it is good to buy since the candlesticks TFH4 indicate bull trend!!!!
By follow the signal, result target pips is 1.0164 - 1.10147 = 17pips.
If you buy USD/CHF 1.0 lot simply you gain USD170!!! smile...
Read more...
LATEST SIGNAL USD/CHF - UPDATED 30 JUNE 2008 5:47PM GMT +8
Buy USD/CHF target= 1.0164 stop lost=1.0119 (UPDATED 30 JUNE 2008 5:47pm gmt+8
LATEST SIGNAL ERU/USD - UPDATED 28 JUNE 2008 1:42PM GMT +8
Sell EUR/USD target= 1.5726 stop lost=1.5815 (UPDATED 30 JUNE 2008 1:42pm gmt+8
Read more...EUR/USD Daily Outlook
Daily Pivots: (S1) 1.5667; (P) 1.5717; (R1) 1.5804; More
EUR/USD's rise from 1.5302 extends further to a high as 1.5765 and is set to take on falling trend line resistance (now at 1.5775). Further rally is still in favor as long as 1.5626 minor support holds and break of the trend line resistance will encourage stronger rise towards 1.5843 resistance. Nevertheless, note that development so far argues that price actions from 1.6019 are developing into sideway consolidation between 1.5284 and 1.6019 instead of a deep correction, probably in form of a triangle. Having said that, upside could be limited below 1.5843 and bring another fall before completing the consolidation. On the downside, below 1.5626 support will suggest that rise from 1.5302 has completed and will bring retest of this low.
Also, note that price actions would remain choppy until a break of 1.5843 resistance which serves as the first alert of completion of consolidation from 1.6019, or a break of 1.5302 support which revives the case that deeper correction is underway towards 1.4966 medium term cluster support.
In the bigger picture, a medium term top is in place at 1.6019 after meeting 1.6 psychological resistance. Recent development argues that price actions in EUR/USD is probably developing into sideway consolidation between 1.5284 and 1.6019. Nevertheless, decisive break of 1.6019 is needed to confirm the medium term up trend has resumed. Otherwise, further choppy price actions would still be seen before resuming the longer term up trend.
more d
etail
LATEST SIGNAL - UPDATED 28 JUNE 2008 12:13PM GMT +8
Sell GBP/USD target= 1.9788 stop lost=1.9965 BUY USD/CHF target=1.0328 stop lost= 1.153
Read more...Sunday, June 29, 2008
USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 1.0173; (P) 1.0282; (R1) 1.0345; More
USD/CHF's fall extends further to as low as 1.0165 today and at this point, intraday bias remains on the downside as long as 1.0268 minor resistance holds. Break of the trend line support is taken as another signal that medium term rebound from 0.9634 has completed. Further fall should now be seen towards 1.0147 support first. Break will bring deeper fall to 0.9995 support. On the upside, touching of 1.0268 minor existence will turn intraday outlook neutral first. But short term resistance remains on the downside as long as 1.0539 resistance holds.
In the bigger picture, a medium term bottom is in place at 0.9634. Subsequent rally from there is still treated as correction to whole medium term down trend only. Break of 1.0147 support will be another signal that such correction has completed. Further break of 0.9995 support will confirm this case and turn short term outlook bearish for 0.9634 low. However, strong rebound from 0.9995/1.0147 support zone will argue that rebound from 0.9634 is not completed yet and will put focus back to 1.0623 resistance.
USD/CHF's fall extends further to as low as 1.0165 today and at this point, intraday bias remains on the downside as long as 1.0268 minor resistance holds. Break of the trend line support is taken as another signal that medium term rebound from 0.9634 has completed. Further fall should now be seen towards 1.0147 support first. Break will bring deeper fall to 0.9995 support. On the upside, touching of 1.0268 minor existence will turn intraday outlook neutral first. But short term resistance remains on the downside as long as 1.0539 resistance holds.
In the bigger picture, a medium term bottom is in place at 0.9634. Subsequent rally from there is still treated as correction to whole medium term down trend only. Break of 1.0147 support will be another signal that such correction has completed. Further break of 0.9995 support will confirm this case and turn short term outlook bearish for 0.9634 low. However, strong rebound from 0.9995/1.0147 support zone will argue that rebound from 0.9634 is not completed yet and will put focus back to 1.0623 resistance.
more detail Read more...
GBP/USD DAILY OUTLOOK
Cable's rally was limited by 100% projection of 1.9363 to 1.9852 from 1.9408 at 1.9897 and retreats mildly. Nevertheless, intraday bias remains ont he upside as long as 1.9797 minor support holds. As mentioned before, break of 1.9897 fibo resistance will encourage stronger rise towards 161.8% projection at 2.0199. Also, this will be consistent with the broader view that rise from 1.9363 represents another rising leg of the consolidation pattern that started at 1.9337 and is probably targeting 2.0391 resistance. On the downside, below 1.9797 will turn intraday outlook neutral first and bring consolidation. But downside should be contained above 1.9586 support and bring rally resumption.
In the bigger picture, down trend from 2.1161 have made a low at 1.9337. The corrective nature of the rise from 1.9337 to 2.0391 and fall from 2.0391 to 1.9363 suggests that price actions from 1.9337 are developing into sideway consolidation to whole fall from 2.1161. Though, the structure and length of this consolidation could either be in form of a three wave sideway consolidation or in form of five wave triangle pattern. But in either case, another rise is still expected to test 2.0391 resistance. Nevertheless upside of such consolidation should still be limited by 61.8% retracement of 2.1161 to 1.9337 at 2.0464. On the downside, sustained break of 1.9337/63 support zone will indicate that decline from 2.1161 has resumed.
Currency Market (FOREX)
The Foreign Exchange market is a non-stop cash market where currencies of nations are traded, typically via brokers. Foreign currencies are constantly and simultaneously bought and sold across local and global markets and traders' investments increase or decrease in value based upon currency movements.
The Foreign Exchange market is a non-stop cash market where currencies of nations are traded, typically via brokers. Foreign currencies are constantly and simultaneously bought and sold across local and global markets and traders' investments increase or decrease in value based upon currency movements.
The Foreign Exchange market, also referred to as "FOREX" is currently the largest financial market in the world. As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 2 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday. Practically in every time zone (that is, in Frankfurt-on-Main, London, New York, Tokyo, Hong Kong, etc.) there are dealers who will quote currencies. with a volume of over USD2 trillion a day.
NOW FACE THE FACT – ONLY 5% OF FOREX TRADERS SURVIVE IN THE MARKET!!! The difference between success and failure in the Forex market depends in the knowledge of a trader. But even experienced / professional traders who already spend their entire 3-4 years analyzing and studying the Forex market still trading on a losing streak. Not to mention the newbie traders out there. They all share the same thing - LOSS, LOSS & LOSS. At a certain point of the losing streak, they will start to think, “There’s more to learn!!!”. By then, you all start to search for a new system on online forums, blogs, signal services etc that really works. Yet again, you still fail!!! Until now, how much did you blow your money away in Forex??? But luckily, you have found my website. Consider me as your last hope in Forex.
This blog is create to provide FREE SIGNAL in MAJOR PAIR such as GBP/USD, USD/CHF and EUR/USD. THIS IS YOUR TURNING POINT IN FOREX.
"WELCOME TO THE FOREXBOARD - YOUR DAILY FREE SIGNAL"
**RISK DISCLOSURE**
Trading the foreign exchange on margin carries high level risks, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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