Forex Trading Time

I'm not a fulltime trader and after do some investigation, i found that the time for trading is best to me is 8.30pm till 9.30pm (GMT+8.00). I would try to trade on that time using the PA as an indicator.

Trading experience

After trade for a few year, i like to use trend for trading. All people like to say follow the trend but what kind of trend we need to follow? From my experience, i would like to say that weekly and daily trend was the most useful indicator to judge the trending system. Reminder, please stop using any indicator such as stochastic,RSI, Macd and etc. All these indicators were for those who want to make money or take money from you. They using nice chart and implemented their trading system due to adding an additional indicator to make sense so their system was working fine to alert you to buy or sell. i can say that, don't even have indicator can 100% or guarantee you can make money.

Trading EQ

From my view, trading was a EQ game. Which you will lost your mind/control if you losing a lot money. Skill only one part of you trading strategy. Try to master and control you EQ if you want to be a successful trader. It was a key to let you step forward to the victory.

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

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.