Trading Strategy

1. Draw a trend line: daily chart to determine the trend whether is uptrend or downtrend (Draw from bottom to bottom or vice verse) and also a horizontal line to watch out a breakout(This strategy like reflexivity from George Soros).
2. Please do remember to lock your PROFIT before you get lose. Always follow the rule & discipline.
3. Money management is the most important for double or triple up your profit.
4. Don't get lost emotion while you in losing or winning. Must always remember where are you and what should you do in this situation. Let the profit keep running or cut lost.

Forex Chart

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Monday, January 10, 2011

FKLI - 10 Jan 2011



Now i'm more prefer PA rather than just following the trend due to trend not always be correct.

Short: 1565
SL(stop lost) : 1571
TP( take Profit): keep open

Thursday, December 9, 2010

Shares Market & Forex Market




After i do some research for both of the market, i would like to say that this definitely related and react with each other.Please have a look for the KLCI index and the USDMYR currency index.

Sunday, September 5, 2010

GU


For last week the GU stay above the SMA66 but not broke the weekly resistance. But we can wait for a broken then only open a long position.

EU to long now


Now already above the SMA66 and broke the weekly resistance line. This a clear image to telling us to trade a long better than short.

Monday, July 26, 2010

GU & EU



Seem the EU already broke the SMA30. Mean will form the uptrend. now is the time to buy.