SABAH FOREX FORUM (SFX)

Sabah Forex Forum (SFx) merupakan forum terbuka yang direka khas untuk membantu warga Sabah yang berminat untuk menceburi dunia Forex. Dalam forum ini, tema utama ialah perbincangan,perkongsian & pembelajaran tentang Forex.

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Trading For a Living

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Mayang Sari
The Quiet Type
The Quiet Type

Trading For a Living

Post by Mayang Sari on 5th February 2010, 03:25

First topic message reminder :

Hello SABAHAN Traders,

Anyone of you have been really successful in Trading such as Forex, Commodity, Index or Option????

I have been reading so many posting here but SORRY to say that mostly have turned this forum as Chatting room or Condemning each other.
OK Lets start a new topic that really benefiting everyone TRADING FOR A LIVING.

This thread is only for those really wants to make money in trading by means introducing and learning new strategy, system and of course how to get the best results.
Anyone can post anything in this thread but should be based on the new system or strategy ONLY. Anyone may post a question or comments in a very constructive way to the introducer pertaining to the system or strategy and the introducer should respond ASAP.

Warning, anyone trying to condemning others in this thread will be banned to login to this thread.

Some of you may asking who the hell I am.

I ve been trading Forex and option for a living since 1999 until now and I considered myself as still at average not yet a super hero even I was the world top 10 in last year SureFire Challenge. here is my screen shot. So if you think that trading is really make money, let me prove it to you. SO LETS TRADE TOGETHER

The result is
ODL Securities




Account: 88964....... Name: M..........Y....
Currency: USD 2010 February 4, 19:15
Closed Transactions:
TicketOpen TimeTypeSizeItem PriceS / LT / PClose Time PriceCommissionTaxesSwapProfit
364686462010.02.01 05:29buy8.00gbpusd1.595610.000000.000002010.02.01 05:411.595610.000.000.000.00
364694462010.02.01 06:21buy8.00eurusd1.388410.000000.000002010.02.01 06:501.388700.000.000.00232.00
364664672010.02.01 03:31sell4.00usdjpy90.0250.0000.0002010.02.01 07:3390.4410.000.000.00-1 839.87
364695272010.02.01 06:26sell8.00gbpusd1.594640.000000.000002010.02.01 08:391.592780.000.000.001 488.00
364664072010.02.01 03:28sell8.00gbpusd1.593960.000000.000002010.02.01 08:391.592930.000.000.00824.00
364711442010.02.01 07:33buy8.00usdjpy90.4450.0000.0002010.02.01 08:5290.4390.000.000.00-53.07
364736472010.02.01 08:46sell8.00eurusd1.387950.000000.000002010.02.01 09:111.389660.000.000.00-1 368.00
364734462010.02.01 08:40sell8.00gbpusd1.592160.000000.000002010.02.01 09:141.590960.000.000.00960.00
364732812010.02.01 08:35sell8.00usdcad1.069080.000000.000002010.02.02 03:171.062100.000.0018.805 257.51
365085372010.02.02 09:36buy8.00eurusd1.394050.000000.000002010.02.02 12:091.395300.000.000.001 000.00
364993752010.02.02 03:24buy8.00usdjpy90.9020.0000.0002010.02.02 14:3490.3460.000.000.00-4 923.29
364994412010.02.02 03:27sell8.00usdcad1.060730.000000.000002010.02.02 17:291.059180.000.000.001 170.72
365188772010.02.02 15:01sell8.00gld1110.950.000.002010.02.04 18:101067.250.000.00128.0034 960.00
365179282010.02.02 14:35sell8.00usdjpy90.3210.0000.0002010.02.04 18:1089.1320.000.00-17.6410 671.81
365003642010.02.02 03:47sell8.00gbpusd1.593060.000000.000002010.02.04 18:111.578490.000.00-208.0011 656.00
365005032010.02.02 03:54sell8.00gbpusd1.592640.000000.000002010.02.04 18:111.578360.000.00-208.0011 424.00
365179052010.02.02 14:35sell8.00usdjpy90.3480.0000.0002010.02.04 18:1189.1380.000.00-17.6410 859.57
0.00 0.00 -304.48 82 319.38
Closed P/L: 82 014.90
Open Trades:
TicketOpen TimeTypeSizeItem PriceS / LT / P PriceCommissionTaxesSwapProfit
No transactions
0.00 0.00 0.00 0.00
Floating P/L: 0.0


Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 6th February 2010, 03:08

bungsu wrote:welcome...welcome....welcome another new member of fsf with new strategy, hoping u can share ur system or strategy with us here in fsf


Lets learn together

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 6th February 2010, 03:13

Jon Panangkis wrote:byk sistem d pasaran...

yang penting..

SIMPLE FOREX TRADING SYSTEM BUT PROFITABLE RESULT CONTINUOSLY ...


Yes, I agree with you.
I am here not to promote my system for money, but to share and not only my strategy but may be we can share your strategy and system as well.

May I add your sentence with "AND FREE"

Stay humble and professional.

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 6th February 2010, 03:17

sinukab wrote:alow bro mayang sari.. wc to fsf. what a great ss u share with us here. im so impress that u r just 29 and able to trade up to this level. im wondering what strategy that u use ?: bro, what types of trader r u? swing? scalper? did u used default indicator? or using naked chart with ew? or any special indicator/technique? hehe sorry bro too many Question


I trade all strategy depends on the market condition. I am not going to share my strategy only but you may post your strategy as well and lets benefit together. I tried to download indicators and template here but dont know how to, any idea

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 6th February 2010, 03:18

polian wrote:now de otai2 forex begin to show up..hope otai2 can share skill n knowledge to us...love u mayang sari


Lets learn together

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 6th February 2010, 03:23

polian wrote:can we discuss in dis thread mix wit bahasa?


I am Sabahan too, you can post and ask in any local dialect you like..another person who come to this thread will be pleasure to answer you if I cant.

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 6th February 2010, 03:26

Rungui wrote:welcome to fsf mastar mayang ... am realy like this idea ... we newbie may be not much can offer lah and hope u and all the otai2 here don;t mind to share with us ahh.... bah orait kio..
Thanks..


Yeah, Lets learn together, No worries we will share anything we know .

enjoy

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 6th February 2010, 03:31

moneypips wrote:Welcome .... make your self at home, its a great pleasure to have one more successful trader here. Hope that you can share something since some of us are still in the learning process.


No worries, all of us are still in the learning process. Lets share and learn together. I tried to download indicator and template here but dont know how, any idea

Sarup
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Sarup on 6th February 2010, 03:54

Hi Mayang Sari,

At last you show up...welcome

I think everyone here should appreciate your appearance. Let share especially your great scalping system, if you wont mind.

polian
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by polian on 6th February 2010, 06:10

here is my question to u mayang sari.
1.which indicator help u de most?
2.which time frame is suitable for u?
3.how u read the treandline?
4.how u manage ur emotion?
5.what strategy or system u most recomended
6.are u realy full time trader?if yes,can u be my master?
7.Berapa kali sudah ko gagal sebelum ko master ni forex n ko starting main forex tahun brapa?

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 7th February 2010, 01:12

polian wrote:here is my question to u mayang sari.
1.which indicator help u de most?
2.which time frame is suitable for u?
3.how u read the treandline?
4.how u manage ur emotion?
5.what strategy or system u most recomended
6.are u realy full time trader?if yes,can u be my master?
7.Berapa kali sudah ko gagal sebelum ko master ni forex n ko starting main forex tahun brapa?


I. Depends entirely on the market condition, then I'll decide which strategy is suitable. I have a lots of indicator which most of it I wrote by myself.
2. I check all TF before entering the market. I prefer 4Hr TF most.
3. I read the trend from higher TF to the smallest.
4. This is subjective. It took me quiet sometimes to manage my emotions. Be cool and relax. That was why trader mostly won in demo trading but failed in live trading.
5. The best strategy is Simple. The simple the strategy the better.
6. Yes, I am a full time trader. I hold a MICPA qualification and not worth it to work for others. Better I used my knowledge for my own income rather than used my skills for others income. I started with USD500 and now I am happy with what I got. That is the purpose for all of us being here, learn together.
7. I have never failed as I learnt the market before I started doing live. After I continously profitable for 2 years, then I started doing live. There is no short cut to success.

Teach me how to upload indicator and template into this thread and I will revealed one of my best strategy.

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 7th February 2010, 01:21

Sarup wrote:Hi Mayang Sari,

At last you show up...welcome

I think everyone here should appreciate your appearance. Let share especially your great scalping system, if you wont mind.

Super_FX_TradeR
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Super_FX_TradeR on 7th February 2010, 08:09

mau berkanalan sama mayhang sari bole?

Raja Laut 3
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Raja Laut 3 on 7th February 2010, 08:48

Mayang Sari wrote:
polian wrote:here is my question to u mayang sari.
1.which indicator help u de most?
2.which time frame is suitable for u?
3.how u read the treandline?
4.how u manage ur emotion?
5.what strategy or system u most recomended
6.are u realy full time trader?if yes,can u be my master?
7.Berapa kali sudah ko gagal sebelum ko master ni forex n ko starting main forex tahun brapa?


I. Depends entirely on the market condition, then I'll decide which strategy is suitable. I have a lots of indicator which most of it I wrote by myself.
2. I check all TF before entering the market. I prefer 4Hr TF most.
3. I read the trend from higher TF to the smallest.
4. This is subjective. It took me quiet sometimes to manage my emotions. Be cool and relax. That was why trader mostly won in demo trading but failed in live trading.
5. The best strategy is Simple. The simple the strategy the better.
6. Yes, I am a full time trader. I hold a MICPA qualification and not worth it to work for others. Better I used my knowledge for my own income rather than used my skills for others income. I started with USD500 and now I am happy with what I got. That is the purpose for all of us being here, learn together.
7. I have never failed as I learnt the market before I started doing live. After I continously profitable for 2 years, then I started doing live. There is no short cut to success.

Teach me how to upload indicator and template into this thread and I will revealed one of my best strategy.


Great! I believe you have to upload your indicator and template files in any free provider like Mediafire or Savefile. Upload your files there and when you want to post it just provide the direct link here. You try it first. Happy sharing..

wunan
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by wunan on 7th February 2010, 11:06

Mayang Sari wrote:Hello SABAHAN Traders,

Anyone of you have been really successful in Trading such as Forex, Commodity, Index or Option????

I have been reading so many posting here but SORRY to say that mostly have turned this forum as Chatting room or Condemning each other.
OK Lets start a new topic that really benefiting everyone TRADING FOR A LIVING.

This thread is only for those really wants to make money in trading by means introducing and learning new strategy, system and of course how to get the best results.
Anyone can post anything in this thread but should be based on the new system or strategy ONLY. Anyone may post a question or comments in a very constructive way to the introducer pertaining to the system or strategy and the introducer should respond ASAP.

Warning, anyone trying to condemning others in this thread will be banned to login to this thread.

Some of you may asking who the hell I am.

I ve been trading Forex and option for a living since 1999 until now and I considered myself as still at average not yet a super hero even I was the world top 10 in last year SureFire Challenge. here is my screen shot. So if you think that trading is really make money, let me prove it to you. SO LETS TRADE TOGETHER

The result is
ODL Securities




Account: 88964....... Name: M..........Y....
Currency: USD 2010 February 4, 19:15
Closed Transactions:
TicketOpen TimeTypeSizeItem PriceS / LT / PClose Time PriceCommissionTaxesSwapProfit
364686462010.02.01 05:29buy8.00gbpusd1.595610.000000.000002010.02.01 05:411.595610.000.000.000.00
364694462010.02.01 06:21buy8.00eurusd1.388410.000000.000002010.02.01 06:501.388700.000.000.00232.00
364664672010.02.01 03:31sell4.00usdjpy90.0250.0000.0002010.02.01 07:3390.4410.000.000.00-1 839.87
364695272010.02.01 06:26sell8.00gbpusd1.594640.000000.000002010.02.01 08:391.592780.000.000.001 488.00
364664072010.02.01 03:28sell8.00gbpusd1.593960.000000.000002010.02.01 08:391.592930.000.000.00824.00
364711442010.02.01 07:33buy8.00usdjpy90.4450.0000.0002010.02.01 08:5290.4390.000.000.00-53.07
364736472010.02.01 08:46sell8.00eurusd1.387950.000000.000002010.02.01 09:111.389660.000.000.00-1 368.00
364734462010.02.01 08:40sell8.00gbpusd1.592160.000000.000002010.02.01 09:141.590960.000.000.00960.00
364732812010.02.01 08:35sell8.00usdcad1.069080.000000.000002010.02.02 03:171.062100.000.0018.805 257.51
365085372010.02.02 09:36buy8.00eurusd1.394050.000000.000002010.02.02 12:091.395300.000.000.001 000.00
364993752010.02.02 03:24buy8.00usdjpy90.9020.0000.0002010.02.02 14:3490.3460.000.000.00-4 923.29
364994412010.02.02 03:27sell8.00usdcad1.060730.000000.000002010.02.02 17:291.059180.000.000.001 170.72
365188772010.02.02 15:01sell8.00gld1110.950.000.002010.02.04 18:101067.250.000.00128.0034 960.00
365179282010.02.02 14:35sell8.00usdjpy90.3210.0000.0002010.02.04 18:1089.1320.000.00-17.6410 671.81
365003642010.02.02 03:47sell8.00gbpusd1.593060.000000.000002010.02.04 18:111.578490.000.00-208.0011 656.00
365005032010.02.02 03:54sell8.00gbpusd1.592640.000000.000002010.02.04 18:111.578360.000.00-208.0011 424.00
365179052010.02.02 14:35sell8.00usdjpy90.3480.0000.0002010.02.04 18:1189.1380.000.00-17.6410 859.57
0.00 0.00 -304.48 82 319.38
Closed P/L: 82 014.90
Open Trades:
TicketOpen TimeTypeSizeItem PriceS / LT / P PriceCommissionTaxesSwapProfit
No transactions
0.00 0.00 0.00 0.00
Floating P/L: 0.0


wow.....this will be my inspiration.....coz i know about forex.....1st january 2010.....maybe this the right time i learnt with the right person....i will call you my sifu this time....ok...hopefully you help me...thank you.......sifu.............

moneypips
Elite Poster
Elite Poster

Re: Trading For a Living

Post by moneypips on 7th February 2010, 15:08

Sarup wrote:Hi Mayang Sari,

At last you show up...welcome

I think everyone here should appreciate your appearance. Let share especially your great scalping system, if you wont mind.


Yes! i agree that. At least share to us only..only 1 technique bah kan? Inda lah kami kepunan hehe

sir_eson
Elite Poster
Elite Poster

Re: Trading For a Living

Post by sir_eson on 7th February 2010, 15:37

hai mayang sari..
wlcome to FSF..
i waiting to learn your tehnique..

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 8th February 2010, 21:28

[quote="moneypips"]

One of the most powerful technique if applied properly with discipline

Time frame: 3 or 4 hours.
Indicators:
SMA 200, SMA 100 – these are two influential SMAs; you will find price “obeying” their boundaries.
SMA 15
EMA 5
MACD (12, 26, 9)

Trading Rules:
Since we are dealing with “unpredictable until set” indicators (EMA,
SMA, MACD) we will always be using signals AFTER the current signaling
candle is closed.

  1. Never open a trade if price is less than 25 pips away from 100 SMA or 200 SMA.
  2. Do
    enter the market when price has crossed either 100 SMA (expect large
    move) or 200 SMA (expect very large move) and only after the current
    candle has closed on the opposite side of the SMA. SMAs this big do not
    get crossed very often.

  3. Set stop
    loss initially at 50 pips. Look for nearest support/resistance level
    and adjust it accordingly – it could grow up to 70-90 pips but it
    should not be less than 40 pips. Anyway this measure is taken only to
    save us from sudden “exploding market”, in all other cases it will not
    be hit as our system will take you earlier from the trade.

  4. Enter in the direction of 5 EMA once two conditions are met:

5 EMA crosses 15 SMA “permanently” – which means the current candle is

  • closed and lines are “locked” and will not move misleading us.
  • MACD lines are crossed, and the current candle is closed.




The 2 crosses do not have to happen simultaneously. MACD lines can
cross earlier than EMA and SMA or shortly after, but there should be no
more than 5 candles in between 2 crosses.
If “2-cross” condition is not met – no entry.

Exit
rules: exit with the same rules as for entry: when two crosses are in
place. If we have only one cross – we are still in trade.
Profit target:

  1. can be set to a desired amount of pips and followed with trailing stop further once the target is reached.
  2. or use 50 pips profit target – do start chasing the price with trailing stop after gaining 50 pips.
  3. or you may not use trailing stop and set no profit targets, then exit according to Exit rules – on the next “2-cross”.


This is one of the most powerful technique that sarup tried to inform everyone.
Sorry Mr. Sarup but as the original creator of this technique, I have still a full right to revealed this technique.

Try on Demo just to get familiar on the setup, how it works before go for live accounts.

Enjoy

Mayang Sari

Jon Panangkis
Active Poster
Active Poster

Re: Trading For a Living

Post by Jon Panangkis on 8th February 2010, 21:54

[quote="Mayang Sari"]
moneypips wrote:

One of the most powerful technique if applied properly with discipline

Time frame: 3 or 4 hours.
Indicators:
SMA 200, SMA 100 – these are two influential SMAs; you will find price “obeying” their boundaries.
SMA 15
EMA 5
MACD (12, 26, 9)

Trading Rules:
Since we are dealing with “unpredictable until set” indicators (EMA,
SMA, MACD) we will always be using signals AFTER the current signaling
candle is closed.

  1. Never open a trade if price is less than 25 pips away from 100 SMA or 200 SMA.
  2. Do
    enter the market when price has crossed either 100 SMA (expect large
    move) or 200 SMA (expect very large move) and only after the current
    candle has closed on the opposite side of the SMA. SMAs this big do not
    get crossed very often.

  3. Set stop
    loss initially at 50 pips. Look for nearest support/resistance level
    and adjust it accordingly – it could grow up to 70-90 pips but it
    should not be less than 40 pips. Anyway this measure is taken only to
    save us from sudden “exploding market”, in all other cases it will not
    be hit as our system will take you earlier from the trade.

  4. Enter in the direction of 5 EMA once two conditions are met:

5 EMA crosses 15 SMA “permanently” – which means the current candle is

  • closed and lines are “locked” and will not move misleading us.
  • MACD lines are crossed, and the current candle is closed.




The 2 crosses do not have to happen simultaneously. MACD lines can
cross earlier than EMA and SMA or shortly after, but there should be no
more than 5 candles in between 2 crosses.
If “2-cross” condition is not met – no entry.

Exit
rules: exit with the same rules as for entry: when two crosses are in
place. If we have only one cross – we are still in trade.
Profit target:

  1. can be set to a desired amount of pips and followed with trailing stop further once the target is reached.
  2. or use 50 pips profit target – do start chasing the price with trailing stop after gaining 50 pips.
  3. or you may not use trailing stop and set no profit targets, then exit according to Exit rules – on the next “2-cross”.


This is one of the most powerful technique that sarup tried to inform everyone.
Sorry Mr. Sarup but as the original creator of this technique, I have still a full right to revealed this technique.

Try on Demo just to get familiar on the setup, how it works before go for live accounts.

Enjoy

Mayang Sari


O yess! I agree. Especially the TF.
The longer the TF, the near to Zero the False Signal is.

eto
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by eto on 8th February 2010, 22:47

bos ini copy teknik dari web forex-strategies-revealed kan... apa kata u share cara entry u berdasarkan teknik ni..

eto
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by eto on 8th February 2010, 22:49

siapa mau tau lanjut pasal ni teknik.. boleh masuk sini...

http://forex-strategies-revealed.com/trading-system-2cross Smile

Jon Panangkis
Active Poster
Active Poster

Re: Trading For a Living

Post by Jon Panangkis on 8th February 2010, 23:00

eto wrote:bos ini copy teknik dari web forex-strategies-revealed kan... apa kata u share cara entry u berdasarkan teknik ni..


sia udah nampak si kawan ambi dari sana hehe...
actually memang blog ini jadi rujukan sia...
2 teknik yang dari blog ini menjadi inspirasi JPfx Trading system..

http://forex-strategies-revealed.com/fibonacci-system

http://forex-strategies-revealed.com/advanced/fibonacci-trading

Master ini sistem, anda bleh Mandi Pip Hijau...

Mayang Sari
The Quiet Type
The Quiet Type

Re: Trading For a Living

Post by Mayang Sari on 11th February 2010, 00:53

eto wrote:bos ini copy teknik dari web forex-strategies-revealed kan... apa kata u share cara entry u berdasarkan teknik ni..


Great , this system is from there. This system if applied properly, It will be more than enough to make you rich. So, for the first, we will be discussing this.
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Current date/time is 8th February 2012, 13:57