Here is an article i found it super useful for novice trader to see a clear entry using HEIKEN AISHI and sma 100 . The author use 4hours time frame mostly.. Happy trading to all !
http://www.forexfactory.com/showthread.php?t=340556
Regards
PipsFarmer.
Tuesday, 14 February 2012
Monday, 6 February 2012
The 7 Habits of Highly Effective People AND 7 Secrets of The Highly Successful Trader
Effective People Effective Trader
Habit 2: Begin with the End in Mind Have a system that fits you
Habit 3: Put First Things First Plan a trade & trade a plan
Habit 4: Think Win-Win Positive Self Belief
Habit 5: Seek First to Understand, Learn Hard on how to trade
Then to be Understood properly and keep working
Habit 6: Synergize View Trading as a score in
POINTS and not MONEY
Habit 7: Sharpen the Saw Keep Trading as part of a
balanced life
Do a checklist of yourself using the golden rules i have listed. A trader life's pretty much about a game of hunt. A game which test your patience time and time again, common scenarios "I should have put a trailing stop loss to get the maximum profit " ; " got caught out by whipsaw again, i am only unlucky this time" . Well i say , shit happened. But the key to make pips is , you must trade the game well. Know what kind of hunter you belong to, then choose your choice of hunting weapon.
Whenever you hit a snag, recheck this article again. Happy Trading na krap.
Regards
PipsFarmer.
Habit 1: Be Proactive Take Complete Responsibility
Habit 2: Begin with the End in Mind Have a system that fits you
Habit 3: Put First Things First Plan a trade & trade a plan
Habit 4: Think Win-Win Positive Self Belief
Habit 5: Seek First to Understand, Learn Hard on how to trade
Then to be Understood properly and keep working
Habit 6: Synergize View Trading as a score in
POINTS and not MONEY
Habit 7: Sharpen the Saw Keep Trading as part of a
balanced life
Do a checklist of yourself using the golden rules i have listed. A trader life's pretty much about a game of hunt. A game which test your patience time and time again, common scenarios "I should have put a trailing stop loss to get the maximum profit " ; " got caught out by whipsaw again, i am only unlucky this time" . Well i say , shit happened. But the key to make pips is , you must trade the game well. Know what kind of hunter you belong to, then choose your choice of hunting weapon.
Whenever you hit a snag, recheck this article again. Happy Trading na krap.
Regards
PipsFarmer.
Aud/Usd spot feb 6/7 th
I am expecting RBA to cut 25 basis off the current 4% . Short sell on Aud/Usd when daily candle can close below 1.0680. The rally from 24th nov has seen Aud strength gain 11.15% against the USD , 0.9680 to 1.0760 in early feb. Support for Aussie seen at 1.0350. Happy trading to all.
Regards
PipsFarmer. Make Pips . Keep Pips.
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