Are You Real Forex Trader

December 5, 2009

My friend ask me, are you real forex trader? I'm so confuse to answer this question.
Anyone can help answer this question?
At indonesia country, just a little person that really know about forex trading.
This job or business is not popular like another.
That i know, many perception coming for forex trader as same as like a gambler.
I don't like to justify this perception, all i know forex trading just trade with money so its like another.
Trading in forex market is so hard not like a gambler.
So, if you does agree with people opinion its depend on yourself. Not me.
I will trading as long as i can. So i'm real forex trader.
How about you?

FXDD No Hedging Anymore

November 27, 2009

At this day i read an email from FXDD that talk about NFA regulations.
FXDD's back office doesn't recognize hedging and leverage will be adjusted to comply with NFA regulations.
So, for hedging trader this is end of the day with FXDD.
Leverage will be set at 100:1 for major currencies, gold and silver. Others, 25:1 for leverage.
For little trader like me must have a more money for trading but its nope for a big trader.
So, i will learn again how to make more money with FIFO and NFA regulations of all.
No wall if we want to success and learn how to have the key.
Happy trading.

Metatrader 4 v.s Metatrader 5

November 20, 2009

There plans MetaTrader 5 will have 21 Time Frames with only 1 type of historical data from TF M1 thus a larger TF retrieve data from TF M1, so that we can set up their own TF chart, until Monthly chart.
Be able to make a chart with TF M1, M2, M3, M4, etc.

There are 38 technical indicators and build in 39 graphical object and advantages compared to MT4 is any graphical object can be 'applied to the indicator.

Language MQL5 be closer to C + + and its processing speed to 4 s / d 20 times faster than MQL4 and is object oriented.

Meta Editor 5 will be more effective in support scripting / indi / EA because it is equipped with "IntellySence system" that can check and complete a command automatically and it also debugging functions can directly improve the 'error' automatically. So is no longer just a warning.

MetaTrader 5 is at the stage of public beta testing till the 1st of February, 2010.

The new MetaTrader 5 trading platform is designed to provide brokerage services to customers in Forex, CFD and Futures, as well as equity markets.

Offer the best client terminal and more services to your clients with MetaTrader 5: enable your clients to trade in several financial markets from a single account.

The release of the platform is scheduled for the beginning of year 2010. All the available information regarding MetaTrader 5 will be published on http://www.metaquotes.net.

So, we must learn again.

Playing Forex Game Like Roller Coaster

August 20, 2009

How to playing forex? It's so easy, just like roller coaster, if the price on the top buy on the bottom, but if the price on the bottom sell at the top. So simple :-)

The big question is why many people lossing they money for this simple game? Many factors, depend on them self.
If i know when price will stop at the future i will be a winner. I'm not The GOD, that almost know about everything, i'm just human that maybe just predict, if true i will smile but if i'm wrong still made smiling. Why? Money not my goal. I tired with money, my life just simple, born, growth and die for future. Why we must hard work if our life just has 3 step. 
Enjoy with you life, because you don't know when it's will finish. So Forex just like roaller coaster, just top and bottom. Catch that moment if you want be the winner at this game.

Technical v.s Fundamental

August 2, 2009

Fundamental analysis is contains some estimations where the different basic criteria, except for the price movement, are taken into consideration during currency trading.
Any data making the country tick like The economic conditions in the currency native country along with a number of other factors are the obligatory elements is considered by fundamental traders. 
Technicals Analysis is that historical price action predicts future price action by many indicators.
Advantage technicals analytics is can predict price running early by many indicators. But technicals analytics will done if not carefully, because at the time to news release techncal analysis will difficult to predict where the price will moving.
Although that, fundamental analysis just a moment. It's not most affect to technical analysis.
Many trader most like technical analysis for long trader and big profit, furthermore technical analysis is a useful tool for seeing the trends and reacting more accurately to future price.

Signal GBP/JPY : 03.08.2009

FREE SIGNAL GBP/JPY
Update : 03 Agust 2009

Sell : 158.35       Target : 157.12



Use it's Your Own Risk


Profit v.s Loss

July 31, 2009

How many Ratio win : loss for ideal trader? No eaxctly answer. For us, win : loss = 9 : 1. This ratio is many comfort for us. Like another invest, Forex Market so fluktuable, if we are trying to invest at this market we must have more knowledge about this market.
Many trader that imagine high ROI for they invest, but forget about High Risk. A Loss is a risk that we can accept for act with this market, if you can't accept loss forget this invest because this market have unique characteristic that we love it all. Not like another invest that low risk, we invest we wait the gain. With forex we can't wait gain without hard analysis.
If you want just 20 - 50 pips/day it's easy, but how about 100 pips/day for 1 OP/Pairs? It's not easy. So if we want big pip, we must can accept high risk. Market is so simple just like High and Low, Bid and Ask, Trend and Flat, but why many trader loss their money? Just simple answer, Greedy!!

FaceBook Phenomenon

July 28, 2009

At this day Facebook still favorite for social network site. This phenomenon really surprise us. Why facebook be favorite site? as we know, at this time many social network site that already have first when compared to facebook. But why the site is less sound echo?
The same cases like google, where at the time many search engines that have been there first. but now google appears defeated all, which to this day remains the number one for search engine is google.
Questions that often appear in fact why the latter appears more easily in the top right of appeal has been? Analysis!!

Money is not everything

When this money is the king for nearly everyone, where all flavourless the money . Many are killed each other just for the sake of money, there are mothers sell their children for money. What is the purpose of life is this money? Although we know, all things need money, but would that if we are not enslaved by money.
Life is only temporary, lest our eyes darkened by money. Live there eventually, so do not make money the goal of your life

About Signal Service

June 25, 2009

Many of the traders who are trying to get a signal that the service profitable, but how many can produce a signal that profitable. This world has two sides, one side trader who has the capital but can't get a signal on one side and the trader can get a signal but does not have the best capital. Blessed is Allah who created all things, a pair. Therefore, each side of the lack of filling the other side so that the balance occurs. Many traders give the signal service, of which up paying that. They all need to be traders by many beginners who hope in the given signal, examination, analysis of the new use. Do not get stuck on the circumstances that make the capital loss.

How to Detect Market Trend

Difficult or easy to detect the market movement ? the answer to "Relative". Depending on how a trader analyzing the chart in the monitor. Hope that all traders can detect movements as early as possible so that the market is expected to generate the maximum profit. The easiest way to detect movement of the market by looking at the trend that occurred in the high timeframe. Why must use The higher Time Frame, because most Biggest Daily Range influenced Higher TimeFrame. Analysis of market-based small TimeFrame too many Fake Signal Trend, so difficult to know the trend for the intraday trader. This is exactly the opposite ScalpingTrader which generate big profit for the low TimeFrame. In fact this is merely influenced by the customs trader itself, where the sharpness of the habits and skills apart.
I own authors tended to detect market trends by using TrueAverageRange, which results from accumulate the average movement becomes a trend in which High TimeFrame. So that the market movement can be detected as early as possible.

GBPUSD Signal's

June 22, 2009

GBPUSD its analysis difficult of late to make the trader a headache, here the author tries to provide safe range for this pair, who need to remember is:WISELY IN YOUR USE OF MARGIN!!

BUY LIMIT : 1.5921 TARGET : 1.7050
SELL LIMIT : 1.7052 TARGET : 1.4454
BUY STOP : 1.6750 TARGET : 1.7050
SELL STOP : 1.5720 TARGET : 1.4454
BUY LIMIT : 1.4321 TARGET : 1.7012

This is just nubi analysis that is still learning and will continue to learn.

regards

BayiFX

Learn From Mistakes

May 21, 2009

Many are not aware we have been going in our journey through the life. Why not until we realize? because we want to hear and less attention. We always ignore the things that are considered small. Such as trading, a lot of things that we do not realize has happened in the analysis, but it will know when we have made a mistake in the open position. So do not be afraid to do wrong and is always learning from mistakes, because errors that occur for the case that has been forgotten.
When I hold one? (hihihihi. ... impossible if you learn, but they are not instant ... Remember all the process).
As the process of living there, from the womb, was born, are dead. Each person will undergo a different process, but essentially remain the same, namely towards the end of the process. Questions that although in the end goal is what we trading? I have a goal then I will feel more trading means feels, such as the living always have the final goal of their lives. So whether your goal late trading? Only the individual trader who can answer it.

Currency Signal's

April 16, 2009

Here the author tries to share the signals that can be used for trade. This signal does not use standard time. Things to remember are: Signal NOT 100% Valid so it's wise to use your margin. Please Trial first on a demo account.

GBP/USD :
Buy Limit : 1.4456 Target : 1.5253
Buy Stop : 1.4952 Target : 1.5025
Sell Limit: 1.5035 Target : 1.4985
Buy Stop : 1.4977 Target : 1.5062

GBP/JPY :
Buy Limit : 143.60 Target : 152.52
Buy Limit : 147.22 Target : 148.36
Buy Stop : 148.66 Target : 150.27
Sell Stop : 145.68 Target : 144.22

EUR/USD :
Buy Limit : 1.3082 Target : 1.3612
Buy Stop : 1.3347 Target : 1.3445
Sell Limit: 1.3445 Target : 1.3395
Buy Stop : 1.3460 Target : 1.3612

Trading Target

After the closer in terms of trading every trader has a target in its trade, the target has a daily, weekly and monthly. All this back to the style of each trader. As a sniper, which is always the possibility-the possibility to fail in a target shoot is influenced by many things, then a trader must also calculate the possibilities that can occur in the determination of its trading target.
Below is some of the factors that influence the success of the strong target, namely :
  1. Emotions: Most traders are always due to loss could still not control the emosionalnya. Emotional effect of this analysis of the ability of a trader. A good sniper should be able to control his emotions 100%, so even if the target is visible distance and incoming analyzed after the shoot but still subject to the same wind speed affect the projectile keepatan and the direction of the sniper ditembakan still waiting until conditions are really ideal.
  2. Discipline: Discipline can be applied when a new trader is able to control emosinya. As a soldier who is always careful discipline despite fervent heat, but the soldiers always discipline with the commands given. Similarly trader, when the indicators and analysis, the resulting analysis are not yet qualified for an open position then the trader must still wait until the conditions that meet the requirements met. So that the desired fixed target met.
  3. Confident: The ability to control emotions that are associated with the discipline of each person has a difference. This will also affect the confidence in determining when it's appropriate for the open position, the less a trader with the ability to believe analisanya so that even if the analysis is good but still in doubt in the open position when appropriate. This resulted in the open position that is not appropriate.
  4. Consistent: As a trader then lay should always be consistent with the specified target. Like saying the word: a little bit old-long hill into two (not so true to its word, hihihii).
  5. Do'a: Although this is simple but very important. Why? Because even though we have been working on the best but the result still determined by Allah SWT.
    Therefore always remember the Almighty, should not we be proud with the ability of our analysis is good, so that its result in the abstract grace of Allah SWT ourselves.
This is just a few factors that can affect trading target of a trader. If it is described extensively in fact there are many complex factors that influence the achievement of targets in trading.

MQL4 Introduction

April 2, 2009

MQL4 whether it? MQL4 stands from MetaQuotes Language 4. MetaQuotes is a company that makes Metratrader Trading Platform (Mt4), the platform used for trading. This makes it easier for the trader (programmers) to create and write in the trading strategy. To create your own strategies and a trader absolutely know little more about this program Mq4, how to write syntax and various other commands that can be used to create custom indicators and EA can be learned on the site www.mql4.com or download the manual in  http://www.mql4.com/files/MQl4BookEnglish.chm 



Indicator Options

March 18, 2009

Here I want to share some of the custom indicator that you can use to determine the direction of market movement.
AtrNum
KGFlatDec
NLMV4
SBV6
SFibo
SSV3d
TEV2 (EA)

QuantumTrader (EA)

Use should be on H1 TF. First trial on the DEMO, understanding and analysis. When used in real account, the risk borne by the passenger. ;-)
Forex is High Risk, Use it Your Own Risk.

Basic Lessons

March 11, 2009

What is the basic lesson? Subject is a basic knowledge base that need to be by a beginner trader in the trading. This is basic knowledge about basic chart patterns.
This chart patterns have 3 types, namely:

  1. Bar Chart
  2. Candlestick
  3. Line Chart
Elections chart type that is used depends on taste and style of each trader, but for beginners it is recommended practice Candlestick. Why should Candlestick? Candlestick itself as an indicator is the most easy to use in determining market movements.

Preliminary

March 7, 2009

To analyze the forex market, traders generally start at the beginning of the indicators MetaTrader default default, such as stochastic, MACD, moving average, and the others. Is all that enough? Apparently not. Why? To analyze the market movements are not enough with the default indicator, then many of the professional trader who tried to create different custom indicator as additional tools to analyze market movement. The many indicators is a boomerang for those who still new in the forex. What could be a boomerang, because with so many options to make them become the focus of the basic lessons in understanding market movement. What is the basic lesson?

Preface

February 25, 2009

Forex is a business that has a very high risk, however many people who are interested in this business. Why? In fact in addition to containing a very high risk that forex also contains a very high ROI. Before actually using the money of the real it's good you try the demo first. In addition didemo practice, you also are required to know the lessons of basic forex world. Understand the types of indicators used, and when the first dive to just use a mini or micro account. Mini or micro account practice self-help, before you jump down to the Standard Account. To dive in this business one thing to note by the investor, the losers are ready. Are you ready to loss? Loss of time and capital. If so then I can only say "Welcome to the Jungle" ...

Regards

BayiFX

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