Close all floating

Today we close all sell floating with profit not much at gu 19896 and eu at 15732, today we do not trade yet, because we watch first where the price will move and on thursday there are 2 big news for eur and usd, interest rate for eur and NFP for usd, so very carefully to trade sound wise, if we do not sure of market move maybe we only hold and just be a watcher. Remember : you must be a patient man if you want to make profit in forex market, if the market does not palpable we advise you to hold your entry and more wise to be an onlooker.

30 june 08

Today we still hold our sell floating at GU,and we sell EU at 15800, but be carefull on thursday, because many big news, maybe ECB will rise thei interest rate and US NFP release on thursday too, so our plan take profit not much.

Twezeer top

At H1 and H4 time frames, GU was formalize twezzer top at candle stick patern, we have floating at sell gu, and tomorrow morning we will sell againt at gu with double lots, no take profit because we will watch monday moving for know how much bearish will continued, happy trading good luck.

TP have reached

Today take profit GU have reached,60 pips, but EU get profit 15 pips only, and cancel all sell stop.
This evening we put sell stop GU at 19915 TP 30 pips and sel stop EU at 15790 TP 20 pips,there is no trailing stop, if at 21.00 GMT+7 there is not reach we will cancel all, and trade againt at monday.
Our automatic trade, get $25 only but still trade, we hope will get more tonight.

June 27 2008

We continued sell at GU and EU yesterday, but we will sell stop GU at 19900 with double lots.
So we have 4 trades, 2 at GU and 2 at EU, we have no SL because we are a martingale trader, you can look at many forums like forex-tsd.com to know what is martingale system? It will make profit if you can use exactly, if any question you can email us, Good Luck.

Our manual trade

We got some email from friends, and they want to know our manual trade,so we will publish our manual trade, and hope it is useful for you.
Today we sell stop GU at 19890 and sell EU at 15750 and double lot at 15790,tp 60 pips with trailing 15, maybe t
p will reach tomorrow, happy trading good luck

Interest rate

Today we cut our trade at 21.00 because abig news will be released, we trade at interbank fx, their spread is very crazy if a news released, maybe this is called manipulation spread but noone know what happens with their spread does, so you must carefully with this broker if you trade here because your account will closed if their call margin is reach, their minimum margin level is 100%, it is very dangerous for your fund.
Remember : a broker is a bookie, and a bookie won't lost so they will take your money with thei TAC (term and condition), please make profit with your astute and always watchful for brokerdeception

Today

Today our profit only $48, like other days we trade very carefully, because if we lost not good for our client,  and more much time for recovery.

Not signfikan

We do not know if we have floating until night (us market)but at morning or afternoon (asian market or europe market) it is not happened , our take profit have been corrupted, like today, we have tp at 19630 but at 19628 have been closed, maybe this problem made by our server which do not work well (slowly for response) or made by broker, this is an example which you must know too because disservice your profit if you use a robot trading. Actually we have profit more little than if our tp reach by self.  You can look our report today below (today our profit only $28, if our tp not closed at 19628 our profit was $60) :

Our trade

Now we trade with an EA,  because with robot we feel more comfortable than manually although the profit not too much. we very carefully with this trade metode because we know this ea foible, and we have been lost ever, so make profit constantly is very important for us. Many robot can make big profit but not constantly,  it is mean after give us big profit it will take our much money too in our lost you can look at this report below:

So constantly robot is better than robot with big profit for us, our trade today will posted tonight and hope can make profit better than last friday. 

EA vs Manual

Many trader do not know their foible although they have been lost much money at forex market, trade and trade without corrections until they have nothing againt for to trade. Very simple for give an answer for this case, "YOU MUST KNOW WHO YOU ARE".
After you can answer that question, you can choose your trade, with robot trading (EA) or manually, if you trade with manually you must choose one or more indicators that you can use it perfectly and discipline with the rule, but if you choose automatic trading you must try and learn the robot until you know how does the robot work. We have been try some robots, and we learn those until we know how much money need for trade by a robot, because you must know that trade with a robot not guarantee you get profit. Next week we will post our automatic trade result daily, you can know that we still very carefully although we trade with EA.

Your enemy at your trading

To be a success trader, you must know your enemy. Your worst enemy is your self, consistantly, fear and greed. Those enemy very bad for you, because you will be a loser and finally out from the market forever. So you must try out your trading, not only at demo account, why?, because at demo account you will not think about your money, many people very proud with big profit in their trade at demo account  and they hurry to deposit their money to trade soon, then they trade in live account, at one or two days they got profit, after three days  their trade derange, and start with lost day,finally they lose all.
Our advise, after you tried trade with demo account (at least a year with one or more indicator which could help your trade), you must try to open a live account with minimum deposit, and trade very carefully with your own system, to know how long can you survive with your money.
If there was no lost for 3 or 4 months, it was a nice trade. But if you could make profit, although not significant with your deposit, you will be a successfully trader.
Next enemy is the broker, this case you must know that this enemy will always follow manually trade or automatic trade. So know the broker is very important, you can read many cases of broker deception at forex forums,because know much is better for your trade.
Remember : every broker have term and condition, one with others not same, so you must understand that detail TAC, and very carefully with their TAC sometimes it is for reasons if you complain.

How to make profit at forex market

Many people could trading forex at their internet connection with easy way, only send an identity and send money, automatic someone can trade in forex market. But trade in forex market not easily like their imagine, only buy or sell than get profit, actually 90% new forex trader have stopped their trading because have been lost their money and they have perceived cheated.
In many cases people do not understand what the forex is?, how the prices move?, how much the risk?, and how to make profit?.Especially at my country Indonesia, many people only want to get much money from their capital, without know the risk.
At this  blog, we want to help you to make a good trader in market forex, so you can make money with your money.
First,you must know what the forex is, you can look many link for know all of forex, include the risk from your investment.
Next, you can choose system trade, you can trade with manualy or automatic (use robot trading), if you want trade with manually you must have one or more indicator that you can use it perfectly,if you want trade with automatic you must have a robot trading that it works good and profitable.
In our 3 years experience, manually trade depend our moods and attested many trader have been lost because they did not consistant with their system trading and could not hold their emotion. So we suggest you to trade with robot trading (EA), that you can make with an programmer or you can download free EA from many link for your experience, but you must carefully with the EA, so many experience with demo sound wise.
We have been trade with an EA, that you can look our report weekly in this blog and if you have any questions you can email us at daryono007@yahoo.co.id.