Forex Trading - Private Forex Trader

Forex - Short GU @ 1.6334, Tp@ 1.6314, SL@1.6364

2008-10-23T10:50:00.001+08:00

On Trial

2008-10-21T10:55:00.001+08:00

Short Term Trade

Long UOB 15.72@10.50am - close end day or input trail stop if in profit.

Result - Loss.

Indicates the risk of short term perspective trading. overall mkt was bearish.

Tml, Next Trial - MA + OCC indicators

CFD Trial

2008-10-20T11:29:00.000+08:00

Trying out on CFD.....Should be targetting UOB due to correlation..

Scalping for fun - 43% returns

2007-08-21T18:23:00.000+08:00

Scalping for fun using Marketiva...

Global Market Rebounding

2007-08-08T22:03:00.001+08:00

Short G/J @ 240.58

2007-08-08T00:24:00.000+08:00

Short G/J @ 240.58 at about 9pm Singapore time...
Went to a low of 239.13...more than 100 pips. It was a slow day from morning till it broke out of the range...

Trading

2007-08-06T15:51:00.000+08:00

Note that I only trade GBP/JPY.

G/J now looks to consolidate before breaking out.... maybe after today's 4:30pm GBP Industrial Production news, we might see another movement.

STI drops more than 100 points today..
- Personal view : Price Correction before it heads North again.

End of Signal service

2007-08-04T22:51:00.001+08:00

Signal service will no longer be provided from August 2007. It is difficult to send signals live to clients as I will miss my own trading activities. Thank you.

Last Trade results

2007-08-04T22:51:00.000+08:00

Last Trade on 03/08/2007 with 20pips closed...reached a high of about 40pips before headed south. Short position taken at 10pm Singapore time.. Reached a low of about 50+++ pips.

STI ends day 03/08/07 with a near RED

2007-08-03T19:19:00.000+08:00

STI struggled to keep above yesterday's level. Managed a meagre 0.58 increase. But still Green as I predicted the day before.

Trader @ Forex.com

2007-08-03T09:32:00.000+08:00

Currently using Forex.com broker for forex trading.

FOREX.com is a registered Futures Commission Merchant (NFA ID #0339826) and a division of GAIN Capital Group. A pioneer in online foreign exchange, GAIN Capital Group provides forex trading & asset management services to institutional investors and professional money managers in over 140 countries.

44 Wall Street, 7th Floor, New York, New York 10005

Prediction of STI on 3/8/2007 - correct so far

2007-08-03T09:28:00.000+08:00

Prediction of STI on 3/8/2007 - correct so far

STI opened in green and as of 9.30am Singapore time, STI is up by 25 points.

Trade entry

2007-08-03T01:03:00.000+08:00

Entered trade 12midnight - 03/08/2007
Trade as shown on last candle at the horizontal line.

Currently Dow Jones in Green and New York SE in green. Breakout North possible if Dow and NY stock Ex stays green till market closed.

STI expected to be in green on 03/08/2007 when market opens in the morning

The Weak Dollar-Good or Bad?

2007-07-29T12:22:00.000+08:00

The Weak Dollar-Good or Bad?
Is the weakening of the dollar a sign that the U.S. is losing its place in the world and that the U.S economy is deteriorating or could it actually signify strength?

Traditionally, a strong currency has been as a sign of strength but in the age of globalization, things are very different. Companies compete by making their products cheaper and better so it stands to reason that the health of a nation's economy can be viewed the same way because exports play such a vital role. In the age of globalization the health of an economy is all about that country’s competitive position in global trade.

Currencies tend to strengthen in response to rising interest rates and fears of inflation, which usually come after a period of extended economic expansion and precede economic contraction. Lower inflation prospects tend to weaken a currency and often precede periods of economic expansion. It makes sense because lower interest rates allow for economic growth due to lower borrowing costs while the opposite holds true for higher interest rates. Let's look at a few examples:

China's currency collapsed in the Asian crisis of 1997 and an incredible decade of economic expansion has followed. The pound collapsed in 1992 leading to an extended period of U.K. expansion which is now requiring the BoE to tighten as inflation has worsened.

The Yen hit a record high in 1995 and the Japanese economy stagnated for years. Their recent growth has come at a time of Yen weakness against their major trading partners. The eurozone’s dismal economic performance from 2003 to 2005 occured as the euro appreciated by 60% against the dollar.

In the age of globalization, it's likely that as an economy's currency keeps rising its export competitiveness will be hurt and its growth will be damaged. Therefore, the race to remain competitive is partially a race to depreciate a currency. Seen in this light, inflation is damaging not only for its effects on purchasing power but because of its effects on rising interest rates and currency valuations.

Would you now expect Bernanke to say anything other then inflation remains his number one concern when he goes before congress this week?

NewstraderFX - Forexfactory

Baby @ 13 Weeks & 1 Day

2007-06-25T17:20:00.001+08:00

Gynae Consultation - $57
Antenatal Screening - $90
1st Trimester Screening - $100
Nuchal Translucency Scan - $80
Gynae complaining of baby's constant and frequent movement in the womb during scanning - Priceless

My Baby @ 9weeks 3days

2007-05-29T19:29:00.001+08:00

Deviate from work

2007-05-29T13:51:00.001+08:00

Hand-drawn cartoons @ http://pregnancy.baby-gaga.com

Risk Warning

2007-05-29T13:41:00.001+08:00

Forex trading involves substantial risk of loss and is not suitable for all investors.

Updates on profits

2006-09-27T01:32:00.000+08:00

Updates on my profits.....Look at the date and time in the picture. Its profits of USD$2000+ each day

Trading system/strategy

2006-09-20T02:06:00.000+08:00

Many had enquired on the trading system or strategy that I am making use of. Trading system used is mainly a customised system by myself using charting. Nothing else can be revealed as it will be unfair to the paying clients.

Do the math

2006-09-20T01:44:00.000+08:00

Trading at USD$1 per pip and getting an average of 20pips a day = USD$20 a day

Trading at USD$2 per pip and getting an average of 20pips a day = USD$40 a day

Trading at USD$5 per pip and getting an average of 20pips a day = USD$100 a day

Trading at USD$10 per pip and getting an average of 20pips a day = USD$200 a day

Trading at USD$5 per pip and getting an average of 50pips a day = USD$250 a day

Trading at USD$10 per pip and getting an average of 50pips a day = USD$500 a day

The forex market is open for trading 24hrs a day, 5 days a week, some argues it to be 6 days a week, whichever you please. Look at the potential income and judge.

Sept 19th Trading

2006-09-20T00:01:00.000+08:00

Comments on records

2006-09-16T01:36:00.000+08:00

As shown in both screenshots below, I have made various trades which had brought numerous returns within a short time period.. On the average, I have 8 winning trades out of every 10, thus, 8:10 hit rate.

Marketiva and Northfinance Broker Records

2006-09-15T00:58:00.001+08:00

Screenshots to show my profits or pips

My car........... Nothing Forex related

2006-09-15T00:54:00.000+08:00

My faithful car, a Mitsubishi Lancer 2006

Forex Trading Signals provider

2006-09-15T00:49:00.000+08:00

I will be providing trading signals on a monthly subscription basis. Free 1 week trial before subscribing. Fees will be finalised soon. Signals to receive via E-mail or Yahoo messenger.