New Fresh Record

New Fresh Record...!!!

EUR/USD

1.500

Candlestick- Bullish Pattern

Candlestick Bullish reversal pattern.

How To Win At Forex

Forex is big bussines in the world, it has over trillion dollar daily trading volume. Even we have big opportunity there, but there is a true fact that only 10 % people win in this game and the other is looser. So how to win this game???, let's read this :

First, You must have a trading journal, this is very important, I have learned that being a successfull trader is not about finding a holygrail of an indicators that can forecast market movement 100%, but instead to develop a discipline.

Second, You must have trading strategies, the rule to entry and exit point. You must know when the market is trending or ranging. I simply use ADX at 1 hour chart to determine this.

Third, is money management, this is the most important in trading forex. Never risk more than 2% of your account balance on any one trade and limit your losses.

The last is keep your profit run, don't fear or greed, use trailing stop to maximize your profit. If you losses, learn from your mistakes and keep a trading journal.

Larry Williams (trader)

In 1982, his book "How to Prosper in the Coming Good Years" was published. It forecast the largest bull market and surge of economic growth the United States has ever seen. The book was written at a time when the majority of pundits were calling for slowdown in economic growth and stock market, which is exactly the opposite of what Williams forecast.

In 1987 Williams won the World Cup Championship of Futures Trading, sponsored by Robbins Trading Company, trading $10,000 in real money to $1,147,000 in 12 months – a feat no one else has come close to matching. It was a wild year, as Williams ran his winnings to more than $2,000,000 by the end of September, dropped down to $750,000 after the October ‘87 crash, and traded back to the $1,147,000 mark by the end of the year.

While some claimed that Williams maintained two accounts during the competition – one for winning trades and one for losing trades --- his contest account was closely scrutinized by the CFTC and NFA and this allegation was found to not be true.

Williams was the first to author books on seasonality in commodities and was the first to write on the Commitment of Trader Reports, of which he is generally considered the leading expert.

In 1997, at age 16, his daughter, Michelle Williams, used what Williams taught and won the same competition with exactly 1000% returns on her US$10,000 investment. As of 2006, Larry Williams' 100-fold gain is the highest in that competition.

The World Cup Championship event is regulated by both the National Futures Association (on whose board Williams has served) and the Commodity Futures Trading Commission.

In 1998, he received Futures magazine's First Doctor of Futures Award. The following year, he received Omega Research's Lifetime Achievement Award.

He is credited with having developed different indicators including:

• Williams %R
• Ultimate Oscillator

Larry Williams and Robert Cornuke once embarked on a journey to confirm the Bible as historically accurate and detailed their findings in the books The Mountain of Moses: The Discovery of Mount Sinai (1990), In Search of the Mountain of God: The Discovery of the Real Mt. Sinai and a DVD called Mountain of Fire where they document what they claim to be the real Mount Sinai.

Source : http://en.wikipedia.org/wiki/Larry_Williams_(trader)

The Only Pivot

the rule is using h1

1. if 2 SMMA WEIGHTED CLOSE CROSS UP the DAY OPEN LINE open LONG
at new candle

2. if 2 SMMA WEIGHTED CLOSE CROSS DOWN the DAY OPEN LINE open SHORT
at new candle

I try this system and easy to get 50 pip a day in GBP/JPY, try it..! it's good

Download indicator and template here the only pivot.

Dolly with Backtest

Pair reccomended : GBP/USD
Target point : 20 pip or trailing stop
Stop Loss : max 40pip

Download : click here

Mandrake System

Pair Recommended : EUR/USD, GBP/USD and USD/CHF.
Best Time Frame : 30 minute.
Target profit is up to You, but is better to set 20-30 point per trade, or use trailing stop.

Download : Mandrake System

B-Gen System

Catch 20 pip daily with simple rule, Sell below pivot and buy above pivot.

Download : B-Gen System

Trend Smasher

Trend Smasher - Profitable Mechanical Long Term Position Trading

Trend Smasher was designed specifically for trading five pairs; AUDUSD, CHFJPY, EURAUD, GBPCHF and GBPJPY. The heart of the system is the Money Flow Index (MFI) indicator, the settings of which have been specifically tweaked for each independent pair.

The templates included in this archive are to be applied to each pair's Daily chart (MetaTrader 4).

Download templates : click here

Follow The Bouncing Pip

How To Enter 4 Hour Chart

When you see an arrow & the Zig-Zag Line, go in that direction. Place your stop according to your risk appetite. I Suggest use stop 60 pip on 4 HR & 20 pip on 1 HR depending on which pair you use.

How To Enter 1 Hour Chart

If you choose to use a 1 hr chart I recommend that you get out at each bounce or your specified targets.

Download indicator and template here.

Farewell Forex System

Farewell forex system use exponential moving average 80 high and low, then MACD cross to confirm the trend.

Download indicator and template : click here
Password : www.pakupayung.blogspot.com

Auslanco Forex System

This forex system is made by auslanco in forexfactory forum. This system is good to trade in 1 hour chart.
a).Simple Moving Average 5 close
b).Gann Hi Low Activator 10
c).Level stop Reverse version 2
d).QQE alert
e). Momentum


Download file : click here
Password : www.pakupayung.blogspot.com

Japanese Candlestick ebook

Japanese candlesticks offfer a better visual perspective to predict future market action than bars. Intraday charts with clear japanese candlestick patterns are invaluable for entry and exit strategies.

Candlestick patterns are reliable in all timeframes. Some pattern such as morning stars, evening stars and haramis are rarely seen in intraday trading because they require a gap between the close of one candle and the opening an another.

Trader mush have this ebook.

Read all : Click here to download.

Dollar falls to record lows on housing worries

NEW YORK, Sept 27 (Reuters) - The dollar fell to an all-time low against a basket of major currencies on Thursday on concerns over the impact of the slowdown in the U.S. housing sector on the broader economy.

Traders said the market was awaiting new home sales numbers due at 10:00 a.m. (1400 GMT) amid speculation of a steeper-than-forecast fall.

"The dollar was getting hit earlier on the expectations for the new home sales data. I think it's pretty clear that's the problem going forward," said Tim O'Sullivan, trading manager, Forex.com in Bedminster, New Jersey.

The euro rose to a record peak around $1.4189 and was last trading at $1.4173, up 0.30 percent on the day, according to Reuters data.

The dollar index (.DXY: Quote, Profile, Research), a gauge of the greenback's value against a basket of six major currencies, dropped to a lifetime trough of 78.159. The index was last trading 0.3 percent lower at 78.268.

The market was little moved by data showing that the economy grew slightly slower than expected in the second quarter, while the number of workers applying for unemployment benefits fell unexpectedly last week. (Additional reporting by Kevin Plumberg)

Source : http://www.reuters.com

Trade Result

This is the result of my new trading system.
Yesterday is profit +30 point and today profit is 22 point, All closed manually.

New Trading Setup

This is my new trade setup, still based on dolly but added different filter indicator.
I Use this forex system to trade Poundsterling (GBP/USD) in europe market with tight target profit around 20-30 pip.

My Trading System

This chart is the most powerfull trading setup that I used.
In this trading system, I use Dolly to see the pivot, support and resistance area.


To read the trend, we look at Moving average cross, MACD and Woodie CCI, while snake indikator to anticipate reversal, and Laguerre to see overbought/oversold.

Pivot, Support and Resistance

Learn how to make money trading the foreign currencies using Pivot Points.

Forex Breakout System 17.00 wib

This is the one I use to get profit in forex trading.
Trading Setup :
Time Frame : 1 hour
Currency : Best on GBP/USD
This system doesn't need any indicator.

How to work :
Find highest and lowest price at 12.00 wib till 16.59 wib.
At 17.00 wib set 4 entry order (multiple contract), 2 for buy stop in highest price and 2 for sell stop in lowest price.

Set target in 2 ways, first target is absolute 10 pip, and second is floating target with change stop loss to open posisi (BEP) in hope that profit will continue.

Setting Stop loss :
If buy order, then stop loss is in lowest price -3 pip.
If sell order, then stop loss is in highest price +3 pip.

Be consistent with stop loss, even price change direction from open position, stop loss doesn't need to changed.. If stop loss get hit, take that as part of this forex bussiness.