Helo traders, hows your holiday 😆
trade called for nzdusd *trade at your own risk
http://www.smartinvestholdings.com/?p=564

(1130pm)short: 0.7790
Sl: 0.7822
Tp1: 0.7735
tp2: 0.7696
tp3: 0.7617

yup...that's why this trade have a tight sl because of news and year end,
but after the impact of news, it shows another sell signal at H1 chart, due to is new year i decided not to enter
After all risk management and consistency of trading still the most important factor of winning.

Happy New Year to all traders~
Showing off a trade made during new year holidays
Trade running in +278pips **the credit goes to my mentor




Hi but I'm not sifu~
1. dont really get your first question, your "how can i manage transaction when doing forex buy/ sell online" do u mean enter order for trades?
if it is what you mean, all transaction is managed using the platform provided by ur broker( i.e. mt4 and etc.)

2. i will not comment for this Q cuz i will only recommend the broker i'm using cuz it will benefit me **try google or wait for someone used its svc from this forum on tis

3. pyramid plan is targeting ppl who want fast money and doesnt want to put in effort to get sth; the right path for trading is get a proper education or gain experience yourself from trading. If u are already good at trading, it is really hard to jump into the pyramid trap

4. The technique i used are SimpleMovingAverage, Fibo & stochastic with assistance of support&resistance all simple things,
but it might not be useful for u cuz everyone have different trading style, no matter what technique u use consistency will bring u victory.
As for the risk, risk management is a different story... in short Forex100 Academy risk management is risk maximum 1% of ur account size & and stick to 2:1 reward ratio.


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Bank & Stock market open/work from around 9am-5pm no matter which country,
the overlap time means that the overlap working hours in both New York & London (starts around 7-8pm +8GMT/Malaysia time)

Hi, at the end of the day no matter how many pips u earned, the lot size u entered will define how much u earned.
it is definitely possible, to get 100% profit from 30pips but it means that u have overtrade.
For example if u only risk 0.1% of ur acc to trade then 30pips is only 3%gain
So even with a 100pips trade u need to enter a 7.5 lot(leverage of 1:100), and any small movement against you, you will get margin call...risk is too high...

Still i would like to share a concept, to fight inflation, fast money will not help, make investment (anything) with good risk management and consistency can help us!
Malaysian Boleh!!!

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traders can bring along your Live/Demo Account~
PM/contact me for more enquiry

This post has been edited by louiehky: Jan 21 2015, 10:47 AM

the paragraph is somehow confusing..lol...

Summarized of my understanding:
1) risk 1% of account size, with Account size USD 5,000, worst case u can lost USD50/trade
2) trade set-up: if the trade u going to enter having a 200pips SL then the maximum lot u can enter is 0.025 lot(2.5 micro lot) cuz 0.25USD*200=50USD
3) Lastly, the part "multiply the value per pip...with 10k units(1mini lot)..." is to calculate what lot size you should use, it is actually extra move cuz he already calculated that he can risk 0.25USD per pip which means 0.025lot

**minimum lot size ,most brokers offered is 0.01lot(1 micro lot/1000units), i not sure whether u can enter 0.025 or not.
*** this is a simple rule to start trading in LIVE, it is good cuz trade like this you wont get MarginCall while gaining experience
****For trade setup there still few things to remember other than trader's risk management, which is BASIC: leverage level, market hour, Support&Resistance & trend, DEEPER: indicators signal & Fundamental News~

Hope this will help~

Hi, good evening...just miss the usdcad so come in to dap derr (interrupt)~
So u plan to lose all ur 100USD?
There are many reason not to start with 100USD in live account, but the simplest is how much ROI u expecting for 100USD?10%/100%?(there are people can make 100% of return within mths but for those i knw they will not start with 100USD)
if what you want is just experience why not start with demo?at the same time do part time and save up your capital~

or u take binary option as an option
**but beware ur 100USD will gone within minutes and without know why~
***got get some books about it, not video from YouTube, i rather dont talk about this cuz just starting to study it

Just to be clear, I am studying how to use option to hedge my my ordinary trade in Forex~
Both are profitable but depands on how you run it...

SO any idea about tonight's ECB?or any profitable trade idea?

yay~new thread~

I'm looking forward to long GBP/USD once H4 candle close abve 1.5243, tp level would b around 200pips, any opinion?