22.06
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Planning trading to be a successful trader you must have a plan for each trading session that you do and you should be confident and consistent with the plan you created. Trading Plan consists of: - the position of how you will open the Open Position (OP)-why would you go into the OP Market in - how you can bear the loss if the market suddenly reversed course menetang you - how Target Profit (TP) you need to reach each Open Position. Trend is your friend "follow where the market trend moves when the market trend bullish, buying action (Long) On the contrary,. If the market is bearish, do sell (Short) .. Again! Do not fight the market trend! Against the trend is like people who swim against the current will quickly run out of energy .... In FOREX trading, the energy in question is of course ... the fund or your trading capital.
03.13
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marketiva forex
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Marketiva INDONESIA GUIDE GOOD NEWS: Marketiva FOREX TRADING WITHOUT CAPITAL ..!
Marketiva is a financial services company specialized in providing the best online trading services to traders and reliable.
Marketiva Excellence
1. Bonus $ 5 cash, after you register! 2. Spread from 2 pips. 3. No trade commission 4. Virtual demo and live trading with 1 account 5. Latest economic news 6. Alerts on market events 7. Trading margins ranging from 1% 8. 24-hour customer support (Indonesian) 9. Deposit and Withdraw are easy and quick 10. Can Chatting fellow member. 11. Charting tools are very easy to use 12. One (1) account for forex, funds, index etc.. 13. Can Trading Through Mobile ... etc. ..
Before you register please send an email to panduanmarketiva@yahoo.com to get the coupon code you should enter on the registration form.
Once you've finished registering, then you are obliged to verify the data yourself!
Soon Sign in Marketiva and get Free $ 5 ....
For guidelines on how to register Marketiva you can see in the How to List Marketiva
If you have any questions please send email to panduanmarketiva@yahoo.com
Personal Data Verification Marketiva
Once you've finished registering in Marketiva, your next step is MANDATORY to verify the data yourself first.
Do not start trading in advance over your data in the form of ID card / driving license yet diverivikasi. Because your account will didissable by Marketiva. Verification of data in advance and wait there marketiva approval email.
Once you register, you need to upload the data yourself to verify. Although registration is free, you are only allowed to open one account. You can not withdraw funds before the identification, and there is a chance your account is suspended (frozen) if you are using a computer with the same IP address with other traders. To avoid this immediately verify identity.
How to verify the data themselves:
1. Scan your ID card front and back with each of a maximum size of 100KB only.
2. Click the following link Marketiva.
3. After you click the link above you will be asked username and password first. Enter your username and password that you created earlier, then click "Login"
4. Enter the ID card scanned the front and back of you in each column they will be to simply click on browse.
5. When finished browsing click upload and wait until the results of your uploaded successfully.
6. After the upload successful then open the program that was installed earlier Streamster and input your username & password.
7. Now you can online forex trading at Marketiva comfortably and safely.
16.25
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LOST IN FOREXS TRADING
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Have you ever been lost in Forex? Some of you might be thinking, how do i get lost in forex?? Let me ask another question. Have you ever open a trade in one direction, after some time open a trade in the opposite direction?
Im sure that happens to all of us, myself included :). That is lost in Forex, where we are unsure of direction of trade. Some people even hedge in the situation.
I have a few tips when you are lost in Forex.
1. If you are lost and dont know which direction to trade, the most important thing is to stop trading and do something else. Go plant a tree or play games. Dont even look at the charts anymore to avoid confusion.
2. Is to take a trading system and put it on multiple time frame. I trade using the same system on 3 timeframe. 15m, 1h, daily. When all three is pointing at the same direction then I trade. If 2 timeframe is pointing at the same direction then i scalp.
3. After sometime, your brain will start to imprint patterns of Forex. Forex has the same pattern over and over again. In our mind, that pattern has been imprinted and it influence our decision making subconsciously. Once you reach that state you will rarely get lost in Forex. You will know the exact time to trade or to get lost (do something else).
I will try to update this blog. Been so long and so busy with new place. As for Forex, USD pairs are going nowhere at the moment with a high probability to go down further. Good luck on your hunt for pips
16.23
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, Posted in
PROFIT IN FOREXS
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You can actually tell if someone is new in Forex by the way they count their pips or profit. When people starts forex they count pips. They can have hundreds of pips a day and yet their profit is low. This is due to the low risk reward ratio they have taken.
Once you are older in Forex, you will see the ratio. No point of taking hundreds of pips when the profit is low. So you start to take high risk high return trade. These trades do not give you high pips but the profit margin is high.
That is how money is to be made in Forex. You actually manage your risk and take profit from it. For today as of now, I already taken 3 trades. 2 profit trades and 1 lost trade. My account grows 37%. Not bad for a slow Monday.
For the answer to Forex, once you know it you will feel helpless. No matter how smart or brilliant you are it counts for absolutely nothing here. I have Banking and IT qualification. Did that help me? 2 different qualification did not help me one bit here. Made me want to cry when I found it out.
Hunt pips but count profit. Good Luck
16.21
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FOREXS TRADING TOOLS
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A mechanic has many tools. Each tools with its own usage and purpose. It is only down to intelligence and creativity that separates a good mechanic and a bad one.
Like a mechanic, a trader has many tools as well. Each indicator is a tool for the trader and a combination set of tools with rules is a trading system. A good trader has not 1 but many system. Each system has different purpose. It is down to knowledge and creativity that separates a good trader and a bad one apart from portfolio.
The best time frame to trade is the lower time frame but due to noise and spikes it is difficult to trade usingmost trades lower timeframe. It is the reason why fail in short time frame.
EurUsd has been ranging for the past few days and due to it, has hit my stop loss twice. Being a trend tradercannot trade myself, I just during these ranging period. So I stopped trading and try to make a new trading system using lower time frame to catch these ranging market.
It seems with a new set of tools (not new actually, had not used them for a while), I have manage to create an almost perfect trading system for all time frame but with the target of 15m chart. The only thing that this new system doesnt show is when not to trade which i made up with a new set of rules.
If any of you would like to try the new trading system please leave your email. I will try to get back to you ASAP.