Forex Trading Online Systems Blogs

My 6th Trade

Kevin Tan — Sun, 26 Oct 2008 16:54:00 +0000

Highlight: Went in to trade early before the trend confirmed, went through huge draw down before make small profit with trailing stop. Bad trade. Reason of entry: Impulse trading and trade along the H1 down trend for GBPJPY. Went in to short after EMA and Parabolic SAR indicators started to formed. What do I learn?: Don’t enter [...]

My 5th Trade

Kevin Tan — Sat, 25 Oct 2008 20:24:20 +0000

Highlight: My first trade with KL’s Tea Break Strategy. This is a straddle method. It started with violation of the maximum spread rules and become something I created on the fly (hedging method) that end up as a loosing trade. However, I found a method not only helps to secure free margin due to the [...]

My 4th Trade

Kevin Tan — Sat, 25 Oct 2008 19:28:53 +0000

Highlight: My second loosing manual trade, repeating the same mistake as in my first trade, impulse buying with unfamiliar candle pattern trading strategies. Reason of entry: Impulse trading with the thought that the pull-back or draw-down ended and will continue with the trend, entered after the candles fulfilled the Bearish Three Black Crows and hit stop [...]

My 2nd and 3rd Trades

Kevin Tan — Sat, 25 Oct 2008 18:47:31 +0000

Highlight: First and second winning trades in my forex trading with 102 pips and 35 pips, not bad as they happened as soon as my second trades. Reason of entry: Enter with considerably strong signal with EMA + SAR indicator with the lower period EMA indicator line cutting the higher period EMA indicator line while Parabolic [...]

My 1st Trade

Kevin Tan — Sat, 25 Oct 2008 17:36:25 +0000

Highlight: Obviously, it’s a lost for my first trade. However, the lost is manageable with proper money management. Reason of entry: Impulse trade. Enter with very weak Bearish Doji Star candle pattern (indicated in the graph with thumb-down symbol). What do I learn?: Candle pattern is one of the method for intra-day tradings. However, DO NOT enter [...]

Weekly Summary - 2nd Week

Kevin Tan — Sat, 25 Oct 2008 14:36:47 +0000

Obviously, I didn’t summarize my trading results for the first week. So, I combined both the 2 weeks’ trading activities into this post. Very interesting indeed for the past two weeks. And you will surprise how drastic it is the change of the figures in both my accounts. Anyway, it is a very useful lesson to [...]

Launching of Forex Trading Online Systems Blogs. Welcome!

Kevin Tan — Fri, 10 Oct 2008 07:16:10 +0000

Ladies and gentlemen, welcome and this blog is now officially launch! Thank you for stopping by and I hope you enjoy your stay here and I will share as much as I can about my learning in forex trading for wealth creation in this website. Feel free to sign up for the RSS or newsletter subscription [...]