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Monthly Pin Bar

Monthly Pin Bar

Since it’s the start of the month, 1st Nov 2010.Lets me post something, just for the fun of it. Nice Pin bar formed on the Forex pair: Usd Chf Monthly time frame It is highlighted in the chart above in the blue box. Nice looking eyes with a long nose. Lets see if it breaks […]

System Trade

System Trade

Here is a trade which we took this week in our private group. Forex Trading Pair: Nzd Usd This pair is heading a nice downtrend with significant retracement every time.Therefore we were waiting for a retracement with price action confirmation and confluence. Pin bar formed in the highlighted blue box. And the second bar forms […]

2 Important Forex Trading Lessons

2 Important Forex Trading Lessons

Follow up on previous post Pls read the previous post “Risk Reward 1:5” first before reading this. In this post i would like to touch on a very important topic.As seen in the chart above. Forex trading pair: Gbp Jpy went down even further from our target profit area. Does it matter to us to […]

Forex Quote Of The Week

Forex Quote Of The Week

Forex Quote of the Week Failure is Nothing But Your Stairway to Success – If you do not climb the stairs of failure, you will never reach success Ezekiel Chew The same goes in Forex Trading, i don’t know of any forex trader who had never failed before he eventually succeeded. It is the perseverance […]

2nd Chance – Follow up

2nd Chance – Follow up

A quick one here. If you have read the previous post on “2nd Chance” Here is another example that happen today.Forex trading pair: Gbp Usd The chart above shows 2 highlighted pin bar.Read back the previous post to understand what “2nd chance” is all about.Sure enough on this pair, the gbp usd took off after […]

Trading Psychology – Conquering Your Emotions

Trading Psychology – Conquering Your Emotions

Trading Psychology – Conquering Your Emotions A lot of traders can actually feel their emotions in place when they place their trades. And seeing their trades taking place. Emotions include: – Heart Thumping (Beating faster) – Sense of Anxiety – Nervousness – Excitement – Irrational Behavior – Frustration – Desperation – Hatred & Revenge mindset […]

2nd Chance

2nd Chance

Forex Trading Strategies & System – 2nd Chance In Forex trading, price always gives us a 2nd chance to place our trades before it takes off. It can be considered as a 2nd chance or you can consider it as a confirmation bar. In the chart above, Aud Usd.We can see the first highlighted blue […]

Forex Trading Psychology

Forex Trading Psychology

In Forex trading, for all those who have traded forex for quite a while -Will know that successful forex trading is actually mainly about mastering trading psychology. Or should i say, to be successful in forex trading. You have to master trading psychology.If successful forex trading is segregated into percentages. 100% as full score. I […]

Forex Trading Strategies: Top Down Approach

Forex Trading Strategies: Top Down Approach

Forex trading strategies: Top Down Approach Lets look at a recent pair Eur Gbp. When we trade forex, we would always want to trade with the main trend. Even though it is an old say “trade with the trend” or “the trend is your friend”. Sometimes, it is always the simple things that works. In […]

Risk Reward 4:1

Risk Reward 4:1

Forex Trading Strategies that works Forex Trading Pair: Gbp Jpy h4 In the chart above, we can see that the Gbp Jpy is at its all time low.In the highlighted circle, price have reached the area before in the first highlighted circle and thus we drew the price pivot in that area. Price went back […]