Ending of the Year 2009

Thursday, December 31, 2009

The end of the year usually people play fireworks. A lot of things happen in the year 2009. however, everything that happen will remain in the history.

I don't have fireworks to burn. This year lead me to the art of trading forex and playing Farmville on Facebook. My FXOpen account manage to stay green this year. I was playing micro but it's fun and helpful in paying my car down payment. Forex really help me in my financial issue. My salary is way too small to support a normal lifestyle.

Never mind, I don't care. I want to proof to myself that a small salary is not the problem but I was getting a bit worry about my financial security. So far, forex help me to pay for my extra income. I'm looking forward to trade even better next year. By the way, this is my last blog post of the year 2009. I'm planning to write more post next year. Happy New Year 2010.

Read more...

Year End 2009 Trading Report

Saturday, December 26, 2009

The end of the year 2009 is around the corner and the trade is going a bit wild. Christmas day fall on Friday and I have to avoid the trade because the server was closed at 2200. Even if I trade, there will be a big spread until 4 of January 2010 and reduction of leverage to maximum of 100.

I'm talking about FXOpen forex broker. This is the most affordable forex trading server for average trader like me and maybe ... you too. I trade micro account and so far winning 30++ US$ roughly. For me, it was great, after trading for approximately one month or two.

So far. I'm trading EUR/USD pair based on 4H time frame. The pair is going down but in a larger scale (Weekly time frame) ... the pair is just started to move down in a very drastic way. So, I short the pair but unfortunately, 4H time frame is going up. I do get the profits but I fail to take it due to my perception that the pair will continue to go down. So, I lost some pips there but I'm still can captured a few pips on the last day, which enable me to stay on the winning side.

Read more...

Holy Grail Forex Trading System

Friday, December 18, 2009

Trading forex is by far the most famous way to make money or losing money online. As a seasonal forex trader, I'm looking for Holy Grail trading system. As I move around the net, I've came across the site which said;
Stop searching for the holy grail forex system, it does not exist.
Well, I think the word is true. A lot of people are in search for this never exist item. It's the idea that keep on going and will have no ending. Most of forex trading system provider out there will clearly state that they will end the search for Holy Grail forex trading system. This is their trick to make sale and most newbie will get attracted to this (including me).

So, the real holy grail to trade forex is to take your time to learn. One of the most critical factor in forex trading is psychology. Failure to control emotion and so forth will results in losing the trade. "Babypips.com" is an excellent forex trading site for all level of forex trader.

Read more...

EUR/USD Analysis: December 12, 2009

Sunday, December 13, 2009

This pair start to make a bearish movement after uptrend was completed at 1.5144 from 1.3748 level. Bearish momentum is now in favor but this is not a confirmation of a downtrend. Breakout can be seen on daily chart, which break the bullish tunnel to go down. Bull is losing control, and the bear is now back in control.

However, bearish trend will end if the price move above 1.4800 and the price will oscillate for a while as the bull is fighting the bear. If this happen, trading should be avoided. Only when the line is clear then the trade can be made. Well, this is the plan for my weekly forex trading.

Read more...

Reformat Windows XP Operating System

Sunday, December 6, 2009

Always, there's a need to reformat your computer operating system. When operating system is ready, there's a lot more you must do for your computer to run smooth according to your needs and computing style. Let's make it clear that we are talking about Windows XP operating system.

First thing to do after installing Windows XP operating system is to install your hardware driver such as sound system, graphic driver, chip set driver, and much to say. Usually, according to my computing style, after I'm done with driver installation, here is my list:

  1. Adobe Flash player - without this, I won't be able to watch video on You Tube.
  2. K-Lite Codec Pack - this codec encode various video and audio format. Failure to install this software will results in a bad multimedia experience on your PC.
  3. Avira Antivirus - This is free, but quality is not bad. Upgrade to pro version is even better. But, I don't have enough money yet to go for a better one. This is cool for me.
  4. Mozilla Firefox - This is my fav browser for a maximum browsing experience.
  5. Adobe Acrobat Reader - Need this to read Portable Document Format (PDF) file.
  6. Meta Trader 4 - It's good to make this trading platform available just in case the market is going GOOD. I'm just a retail forex trader and this can help to make some extra money.
Well, that's all for my list. It may differ as I upgrade my interest from time to time. However, this is my default basic package.

Read more...