Bargains and Malaysia Tour o.O

Yosh!

First, the bargains. NZD/USD has broken its previous low and the pair is cheap right now. Other bargains: AUD/USD, but not so hot (like, when you go shopping, the discount is only around 5-10%), EUR/USD (warm bargain).

I'm still focusing on NZD/USD - it's not like I'm in love with this pair, it's just I need to wait until all positions cleared. Don't diversify in many pairs, just diversify in different prices.

Second, forex trading personal coaching [Malaysia Tour] is back! And the first city is, like last year, Johor Bahru. I'll be teaching forex trading for beginners (and those who can't make profit yet), proper money management and position sizing, various strategies and risk management, and some other stuff. General principles can be applied in stock trading. Fee is RM 450 with money back guarantee after 12 weeks, free repeat and additional lectures. Contact for details.

I'll be there on February 14th (it's valentine!)

That's all for the time being. Thank you for visiting :)

FOMC Statement o.O

Yosh!

Below is the statement released by the Federal Open Market Committee after its Jan. 27-28 meeting on interest rate policy:

The Federal Open Market Committee decided today to keep its target range for the federal funds rate at 0 to 1/4 percent. The Committee continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.

Information received since the Committee met in December suggests that the economy has weakened further. Industrial production, housing starts, and employment have continued to decline steeply, as consumers and businesses have cut back spending. Furthermore, global demand appears to be slowing significantly. Conditions in some financial markets have improved, in part reflecting government efforts to provide liquidity and strengthen financial institutions; nevertheless, credit conditions for households and firms remain extremely tight. The Committee anticipates that a gradual recovery in economic activity will begin later this year, but the downside risks to that outlook are significant.

In light of the declines in the prices of energy and other commodities in recent months and the prospects for considerable economic slack, the Committee expects that inflation pressures will remain subdued in coming quarters. Moreover, the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stability in the longer term.

The Federal Reserve will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability. The focus of the Committee's policy is to support the functioning of financial markets and stimulate the economy through open market operations and other measures that are likely to keep the size of the Federal Reserve's balance sheet at a high level. The Federal Reserve continues to purchase large quantities of agency debt and mortgage-backed securities to provide support to the mortgage and housing markets, and it stands ready to expand the quantity of such purchases and the duration of the purchase program as conditions warrant. The Committee also is prepared to purchase longer-term Treasury securities if evolving circumstances indicate that such transactions would be particularly effective in improving conditions in private credit markets. The Federal Reserve will be implementing the Term Asset-Backed Securities Loan Facility to facilitate the extension of credit to households and small businesses. The Committee will continue to monitor carefully the size and composition of the Federal Reserve's balance sheet in light of evolving financial market developments and to assess whether expansions of or modifications to lending facilities would serve to further support credit markets and economic activity and help to preserve price stability.

That's all for the time being, thank you for visiting :)

New Trading Idea o.O

Yosh!

I'm still in the mood of celebrating the new year (even though I'm not a Chinese), let's earn some money and make our accounts prosper in the year of ox $_$ If you want to do your own analysis, here's one tip: do it when you are in good mood, or at least, calm. Don't do it when you are angry or mad, or stressful, because you might do some stupid mistakes.

If you refer to my previous trading idea, EUR/USD was traded at 1.2989, now the price is at 1.3270. What a good start in a good year :)

Today's trading idea: USD/JPY

2 signals:
1. Buy if the there is a new candle stick open above the trend line.
2. If the price break the lower trend line, let the price go lower, then buy.

Target Profit and Stop Loss are up to your discretion.

That's all for the time being. Thank you for visiting :)

Happy Chinese New Year (^_^)

Yosh!

I would to wish everybody Happy Chinese New Year! May this year will bring more prosperity and more green pips (erm, red brings luck but red pips bring your account nearer to death).

By the way, if any of you guys want to learn with me how to trade properly plus to understand my trading ideas better, feel free to contact me. I will help you how actually to interprate my trading ideas and the reasons behind that.

In addition, proper money management. I help you to survive in this extremely dangerous battlefield (frankly I got killed few times in the past 3 years, but not anymore, experience helps). The longer you survive, the higher probability for you to earn money. Plus, the right way to hedge your position (you might not believe this, but it's like 0% risk trading).

I can go to your place, in addition to the fee, you need to add RM 100 (RM 150 to some places) for transportation and food. Last year I went to Johor Bahru. This year, not yet. If you are interested, specify a few dates, I'll put it in forums. I can go to anywhere, any place as long as the expenses are covered.

That's all for the time being, thank you for visiting :)

Weekly Wrap and Trading the Week Ahead o.O

Yosh!

First, let see what happen last week:

1. Gold closed higher at 898.50. When I posted my trading idea, the price was at 838.55.
2. GBP/USD closed lower at 1.3805. The trading idea is still valid. Buy in small lots. Don't be greedy.

Second, trading idea for next week:

EUR/USD

Signal: When the first candle stick open above the trend line, go long. Maybe the price will test the trend line (hit the line and then go lower) instead of breaking it. So becareful when trading this.

That's all for the time being. Thank you for visiting :)

Hot Bargain!

Yosh!

OMG, look at the pairs! NZD/USD hit lowest low, GBP/USD also.

The bears hit the pairs hard last night (here in Malaysia) and I hope they have covered their shorts (means exit their position) and now let the bulls (me!) push the price higher.

Unless you still have doubt, that they will go even lower this week, then don't do anything. What ever happen it's you who need to decide (it's your money by the way), I just show something that might attract your attention o.O

That's all for the time being. Happy trading $_$

Trading Ideas o.O

Yosh!

I have 2 trading ideas today:

GOLD

Signal: Buy when there is a new candle stick opened above the trend line. If you feel like want to put stop loss, try 800.00.

GBP/USD

Signals:
1. Buy if the is a new candle stick opened above the upper trend line.
2. If the price break the lower trend line, let the price go lower, then buy.

Target Profit and Stop Loss are up to your discretion.

That's all for the time being, thank you for visiting :)

Weekly Wrap o.O

Yosh!

I really love what happen to the market last week. NZD/USD fell few hundred pips, USD/JPY and EUR/USD retraced.

I bought a lot of NZD (almost 47% of my available balance) and maybe I'll buy some more next week. EUR/USD only 0.1 lot and none for USD/JPY, just because I want to grab all the bargain in NZD/USD.

If you want to know how I trade, that's part of it. Even though I can produce buying and selling signals in any pair, but I focus. Diversify only give you the average of the profit, that's why you earn average sum of money.

When you focus your trade in one pair, you need to do your homework, or you might risk losing your money. Do your analysis, be price concious, and have a gut feeling everytime you execute your trade.

That's all fof the time being, I'll update trading idea for next week later.

Thank you for visiting :)

Trading Ideas for This Week o.O

Yosh!

I have two trading ideas for this week:

EUR/USD:

Signals:
1. Go long when a new candlestick open above the trend line.
2. If the price break the horizontal line, may go sell, but I prefer to let the price go lower before going long.

USD/JPY:

Signals (this kinda tricky):
1. Go long when the price reach the horizontal line.
2. If the price break the line (with a candle stick open below the line), let it go lower before going long.

Target Profit and Stop Loss are up to your discretion. Trade at your own risk :p

That's all for the time being, thank you for visiting :)

Trading the Week Ahead o.O

Yosh!

I would like to renew my last week's trading ideas:

NZD/USD:

2 signals:
1. If a new candle stick open above the trend line, go long.
2. If a new candle stick open below the trend line, may go short, but I prefer to let if go lower before going long.

EUR/USD:

2 signals:
1. If a new candle stick open above the trend line, go long.
2. If the price break and a new candle stick open below the horizontal line, may go short, but I prefer to let if go lower before going long.

Target Profit and Stop Loss are up to your discretion.

That's all for the time being, thank you for visiting :)