My Trade with Murray

LEVEL GBP/USD 08 OKTOBER 2008

2008-10-08T06:04:00.003+07:00

GBP/USD

GBP/USD
Buy Stop 1.7460 TP 1.7490 SL 1.7430
Sell Stop 1.7420 TP 1.7390 SL 1.7450

LEVEL USD/JPY 08 OKTOBER 2008

2008-10-08T06:00:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 101.70 TP 102.00 SL 101.40
Sell Stop 100.70 TP 100.40 SL 101.00

LEVEL EUR/USD 08 OKTOBER 2008

2008-10-08T05:56:00.002+07:00

EUR/USD
EUR/USD
Buy Stop 1.3680 TP 1.3710 SL 1.3650
Sell Stop 1.3540 TP 1.3510 SL 1.3570

LEVEL USD/CHF 08 OKTOBER 2008

2008-10-08T05:52:00.002+07:00

USD/CHF

USD/CHF
Buy Stop 1.1420 TP 1.1450 SL 1.1390
Sell Stop 1.1340 TP 1.1310 SL 1.1370

LEVEL GBP/JPY 08 OKTOBER 2008

2008-10-08T05:47:00.002+07:00

GBP/JPY

GBP/JPY
Sell Stop 176.50 TP 176.00 SL 177.00
Buy Stop 178.50 TP 179.00 SL 178.00

LEVEL GBP/USD 26 SEPTEMBER 2008

2008-09-26T05:12:00.002+07:00

GBP/USD

GBP/USD
Buy Stop 1.8440 TP 1.8470 SL 1.8410
Sell Stop 1.8300 TP 1.8270 SL 1.8330

LEVEL USD/JPY 26 SEPTEMBER 2008

2008-09-26T05:04:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 106.70 TP 107.00 SL 106.40
Sell Stop 106.20 TP 105.90 SL 106.50

LEVEL EUR/USD 26 SEPTEMBER 2008

2008-09-26T04:51:00.002+07:00

EUR/USD

EUR/USD
Buy Stop 1.4660 TP 1.4690 SL 1.4630
Sell Stop 1.4580 TP 1.4550 SL 1.4610

LEVEL USD/CHF 26 SEPTEMBER 2008

2008-09-26T04:43:00.002+07:00

USD/CHF

USD/CHF
Buy Stop 1.0930 TP 1.0960 SL 1.0900
Sell Stop 1.0850 TP 1.0820 SL 1.0880

LEVEL GBP/JPY 26 SEPTEMBER 2008

2008-09-26T04:30:00.002+07:00

GBP/JPY

GBP/JPY
Buy Stop 196.20 TP 196.70 SL 195.70
Sell Stop 195.00 TP 194.50 SL 195.50

Money management strategy

2008-09-26T03:54:00.000+07:00

Your risk per a trade should never exceed 3% per trade. It's better to adjust your risk to 1% or 2%
We prefer a risk of 1% but if you are confident in your trading system then you can lever your risk up to 3%

1% risk of a 100,000$ account = 1,000$

You should adjust your stop loss so that you never lose more than 1,000$ per a single trade.

If you are a short term trader and you place your stop loss 50 pips below/above your entry point .
50 pips = 1,000$
1 pips = 20$

The size of your trade should be adjusted so that you risk 20$/pip. With 20:1 leverage,your trade size will be 200,000$

If the trade is stopped, you will lose 1,000$ which is 1% of your balance.

This trade will require 10,000$ = 10% of your balance.

If you are a long term trader and you place your stop loss 200 pips below/above your entry point.
200 pips = 1,000$
1 pip = 5$

The size of your trade should be adjusted so that you risk 5$/pip. With 20:1 leverage, your trade size will be 50,000$

If the trade is stopped, you will lose 1,000$ which is 1% of your balance.

This trade will require 2,500$ = 2.5% of your balance.

This's just an example. Your trading balance and leverage provided by your broker may differ from this formula. The most important is to stick to the 1% risk rule. Never risk too much in one trade. It's a fatal mistake when a trader lose 2 or 3 trades in a row, then he will be confident that his next trade will be winning and he may add more money to this trade. This's how you can blow up your account in a short time! A disciplined trader should never let his emotions and greed control his decisions.

LEVEL GBP/USD 24 SEPTEMBER 2008

2008-09-24T05:30:00.002+07:00

GBP/USD
GBP/USD
Buy Stop 1.8560 TP 1.8590 SL 1.8530
Sell Stop 1.8420 TP 1.8390 SL 1.8450

LEVEL USD/JPY 24 SEPTEMBER 2008

2008-09-24T05:25:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 106.30 TP 106.60 SL 106.00
Sell Stop 105.40 TP 105.10 SL 105.70

LEVEL EUR/USD 24 SEPTEMBER 2008

2008-09-24T05:10:00.003+07:00

EUR/USD

EUR/USD
Buy Stop 1.4780 TP 1.4810 SL 1.4740
Sell Stop 1.4640 TP 1.4610 SL 1.4670

LEVEL USD/CHF 24 SEPTEMBER 2008

2008-09-24T04:56:00.003+07:00

USD/CHF

USD/CHF
Buy Stop 1.0880 TP 1.0910 SL 1.0850
Sell Stop 1.0790 TP 1.0760 SL 1.0820

LEVEL GBP/JPY 24 SEPTEMBER 2008

2008-09-24T04:49:00.002+07:00

GBP/JPY

GBP/JPY
Buy Stop 197.00 TP 197.50 SL 196.50
Sell Stop 195.00 TP 194.50 SL 195.50

LEVEL GBP/USD 22 SEPTEMBER 2008

2008-09-22T05:08:00.002+07:00

GBP/USD
GBP/USD
Buy Stop 1.8380 TP 1.8410 SL 1.8350
Sell Stop 1.8290 TP 1.8260 SL 1.8320

LEVEL USD/JPY 22 SEPTEMBER 2008

2008-09-22T05:03:00.003+07:00

USD/JPY

USD/JPY
Sell Stop 106.20 TP 105.90 SL 106.50
Buy Stop 107.20 TP 107.50 SL 106.90

LEVEL EUR/USD 22 SEPTEMBER 2008

2008-09-22T04:56:00.002+07:00

EUR/USD

EUR/USD
Buy Stop 1.4540 TP 1.4570 SL 1.4510
Sell Stop 1.4450 TP 1.4420 SL 1.4480

LEVEL USD/CHF 22 SEPTEMBER 2008

2008-09-22T04:47:00.002+07:00

USD/CHF
USD/CHF
Buy Stop 1.1060 TP 1.1090 SL 1.1030
Sell Stop 1.0980 TP 1.0950 SL 1.1010

LEVEL GBP/JPY 22 SEPTEMBER 2008

2008-09-22T04:32:00.002+07:00

GBP/JPY

GBP/JPY
Buy Stop 197.00 TP 197.50 SL 196.50
Sell Stop 195.00 TP 194.50 SL 195.50

Stop-loss Discipline

2008-09-16T05:28:00.001+07:00

As you can see from the description above, there are significant opportunities and risks in foreign exchange markets. Aggressive traders might experience profit/loss swings of 20-30% daily. This calls for strict stop-loss policies in positions that are moving against you.

Fortunately, there are no daily limits on foreign exchange trading and no restrictions on trading hours other than the weekend. This means that there will nearly always be an opportunity to react to moves in the main currency markets and a low risk of getting caught without the opportunity of getting out. Of course, the market can move very fast and a stop-loss order is by no means a guarantee of getting out at the desired level.

LEVEL GBP/USD 16 SEPTEMBER 2008

2008-09-16T05:10:00.003+07:00

GBP/USD

GBP/USD
Buy Stop 1.8080 TP 1.8110 SL 1.8050
Sell Stop 1.7930 TP 1.7900 SL 1.7960

LEVEL USD/JPY 16 SEPTEMBER 2008

2008-09-16T05:03:00.005+07:00

USD/JPY
USD/JPY
Buy Stop 104.80 TP 105.10 SL 104.50
Sell Stop 103.80 TP 103.50 SL 104.10

LEVEL EUR/USD 16 SEPTEMBER 2008

2008-09-16T04:59:00.005+07:00

EUR/USD

EUR/USD
Buy Stop 1.4290 TP 1.4320 SL 1.4260
Sell Stop 1.4210 TP 1.4180 SL 1.4240

LEVEL USD/CHF 16 SEPTEMBER 2008

2008-09-16T04:55:00.002+07:00

USD/CHF

USD/CHF
Buy Stop 1.1180 TP 1.1210 SL 1.1150
Sell Stop 1.1100 TP 1.1070 SL 1.1130

LEVEL GBP/JPY 16 SEPTEMBER 2008

2008-09-16T04:39:00.002+07:00

GBP/JPY

GBP/JPY
Buy Stop 189.20 TP 189.70 SL 188.70
Sell Stop 187.50 TP 187.00 SL 188.00

LEVEL GBP/USD 15 SEPTEMBER 2008

2008-09-15T06:26:00.002+07:00

GBP/USD

GBP/USD
Sell Stop 1.7930 TP 1.7900 SL 1.7960
Buy Stop 1.8070 TP 1.8100 SL 1.8040

LEVEL USD/JPY 15 SEPTEMBER 2008

2008-09-15T06:20:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 107.10 TP 107.40 SL 106.80
Sell Stop 106.50 TP 106.20 SL 106.80

LEVEL EUR/USD 15 SEPTEMBER 2008

2008-09-15T06:15:00.002+07:00

EUR/USD

EUR/USD
Buy Stop 1.4350 TP 1.4380 SL 1.4320
Sell Stop 1.4270 TP 1.4240 SL 1.4300

LEVEL USD/CHF 15 SEPTEMBER 2008

2008-09-15T06:08:00.002+07:00

USD/CHF
USD/CHF
Buy Stop 1.1240 TP 1.1270 SL 1.1210
Sell Stop 1.1160 TP 1.1130 SL 1.1190

LEVEL GBP/JPY 15 SEPTEMBER 2008

2008-09-15T06:00:00.002+07:00

GBP/JPY

GBP/JPY
Buy Stop 192.30 TP 192.80 SL 191.80
Sell Stop 190.50 TP 190.00 SL 191.00

Margin Trading

2008-09-12T05:32:00.000+07:00

Foreign exchange is normally traded on margin. A relatively small deposit can control much larger positions in the market. This means that in order to trade one million dollars, you need to place just USD 10,000 by way of security.

In other words, you will have obtained a gearing of up to 100 times. This means that a change of, say 2%, in the underlying value of your trade will result in a 200% profit or loss on your deposit. See below for specific examples. As you can see, this calls for a very disciplined approach to trading as both profit opportunities and potential risks are very large indeed. Please refer to our page Forex Rates & Conditions for current Spreads, Margins and Conditions.

LEVEL GBP/USD 12 SEPTEMBER 2008

2008-09-12T05:23:00.002+07:00

GBP/USD

GBP/USD
Buy Stop 1.7650 TP 1.7680 SL 1.7620
Sell Stop 1.7570 TP 1.7540 SL 1.7600

LEVEL USD/JPY 12 SEPTEMBER 2008

2008-09-12T05:18:00.003+07:00

USD/JPY

USD/JPY
Buy Stop 107.50 TP 107.80 SL 107.20
Sell Stop 106.90 TP 106.60 SL 107.20

LEVEL EUR/USD 12 SEPTEMBER 2008

2008-09-12T05:11:00.002+07:00

EUR/USD

EUR/USD
Buy Stop 1.4050 TP 1.4080 SL 1.4020
Sell Stop 1.3970 TP 1.3940 SL 1.4000

LEVEL USD/CHF 12 SEPTEMBER 2008

2008-09-12T05:05:00.003+07:00

USD/CHF
USD/CHF
Sell Stop 1.1340 TP 1.1310 SL 1.1370
Buy Stop 1.1420 TP 1.1450 SL 1.1390

LEVEL GBP/JPY 12 SEPTEMBER 2008

2008-09-12T04:59:00.002+07:00

GBP/JPY
GBP/JPY
Buy Stop 189.20 TP 189.70 SL 188.70
Sell Stop 187.40 TP 186.90 SL 187.90

LEVEL GBP/USD 11 SEPTEMBER 2008

2008-09-11T05:29:00.002+07:00

GBP/USD
GBP/USD
Buy Stop 1.7530 TP 1.7560 Sl 1.7500
Sell Stop 1.7450 TP 1.7420 SL 1.7480

LEVEL USD/JPY 11 SEPTEMBER 2008

2008-09-11T05:24:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 108.00 TP 108.30 SL 107.30
Sell Stop 107.30 TP 107.00 SL 107.60

LEVEL EUR/USD 11 SEPTEMBER 2008

2008-09-11T05:12:00.002+07:00

EUR/USD
EUR/USD
Buy Stop 1.3990 TP 1.4020 SL 1.3960
Sell Stop 1.3900 TP 1.3870 SL 1.3930

LEVEL USD/CHF 11 SEPTEMBER 2008

2008-09-11T05:02:00.002+07:00

USD/CHF

USD/CHF
Sell Stop 1.1340 TP 1.1310 SL 1.1370
Buy Stop 1.1420 TP 1.1450 SL 1.1390

LEVEL GBP/JPY 11 SEPTEMBER 2008

2008-09-11T04:47:00.002+07:00

GBP/JPY

GBP/JPY
Sell Stop 187.40 TP 186.90 SL 187.90
Buy Stop 189.20 TP 189.70 SL 188.70

LEVEL GBP/USD 10 SEPTEMBER 2008

2008-09-10T05:29:00.003+07:00

GBP/USD

GBP/USD
Sell Stop 1.7550 TP 1.7520 SL 1.7580
Buy Stop 1.7650 TP 1.7680 SL 1.7620

LEVEL USD/JPY 10 SEPTEMBER 2008

2008-09-10T05:19:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 107.10 TP 107.40 SL 106.80
Sell Stop 106.50 TP 106.20 SL 106.80

LEVEL EUR/USD 10 SEPTEMBER 2008

2008-09-10T05:13:00.002+07:00

EUR/USD

EUR/USD
Buy Stop 1.4170 TP 1.4200 SL 1.4140
Sell Stop 1.4090 TP 1.4060 SL 1.4120

LEVEL USD/CHF 10 SEPTEMBER 2008

2008-09-10T05:02:00.003+07:00

USD/CHF

USD/CHF
Buy Stop 1.1300 TP 1.1330 SL 1.1270
Sell Stop 1.1220 TP 1.1190 SL 1.1250

LEVEL GBP/JPY 10 SEPTEMBER 2008

2008-09-10T04:47:00.003+07:00

GBP/JPY
Sell Stop 187.50 TP 187.00 SL 188.00
Buy Stop 189.20 TP 189.70 SL 188.20

Trading Tips to Supercharge Your Profit Potential

2008-09-09T19:54:00.000+07:00

1. Leverage Stops and Risk

Most traders get 200:1 leverage from their broker and want to use it but this is a huge mistake - a trader should use leverage wisely and 10 20: 1, is enough. This allows you to risk more to your stop and this is vital to success.

Most traders put stops so close they are guaranteed to get stopped out by normal volatility. They get the direction right, see their stop hit and then see prices reverse back the other way and make thousands and their not in!

If you want to win, your stop must be far enough back so you don't get hit by random price moves in the trend. This isn't being rash this is sensible investment strategy

2. Risk More Per Trade

In line with the above forget all the rubbish you read about risking 2% per trade.

On a small account its so little risk it guarantees you will get stopped out.

Sure if you have 100k you can do this - but not on a small account.

Many traders try to restrict and control risk so much they create it and lose. To make meaningful gains, you need to risk 10 - 20% on a small account.

3. Learn Patience

Most traders think the more they trade the more profits they are going to pile up - dead wrong.

You don't get rewarded for your trading frequency; you get rewarded for being right!

The high odds trades only come around a few times a month in each currency - hit these and hit them hard.

Hitting the high odds trades and hitting them hard can make you a lot of money. I know lots of forex traders, who only trade a few times a month and still pile up big triple digit annual gains, because they are hitting good risk to reward trades and hitting them hard.

4. Forget Diversification

OK on a 100k account there is an argument for doing it but not on a small account.

If you have a great trade, why potentially dilute its profit potential by taking trades for the sake of trading? It doesn't make sense and will dilute your potential profits.

Hit the high odds trade you like and focus on it. (www.articlesbase.com)

LEVEL GBP/USD 09 SEPTEMBER 2008

2008-09-09T05:46:00.002+07:00

GBP/USD
GBP/USD
Sell Stop.1.7570 TP 1.7540 SL 1.7800
Buy Stop 1.7650 TP 1.7680 SL 1.7620

LEVEL USD/JPY 09 SEPTEMBER 2008

2008-09-09T05:39:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 108.30 TP 108.60 TP 108.00
Sell Stop 107.70 TP 107.40 SL 108.00

LEVEL EUR/USD 09 SEPTEMBER 2008

2008-09-09T05:33:00.002+07:00

EUR/USD

EUR/USD
Buy Stop 1.4170 TP 1.4200 SL 1.4140
Sell Stop 1.4090 TP 1.4060 SL 1.4120

LEVEL USD/CHF 09 SEPTEMBER 2008

2008-09-09T05:26:00.003+07:00

USD/CHF

USD/CHF
Buy Stop 1.1360 TP 1.1390 TP 1.1330
Sell Stop 1.1280 TP 1.1250 TP 1.1310

LEVEL GBP/JPY 09 SEPTEMBER 2008

2008-09-09T05:12:00.002+07:00

GBP/JPY

GBP/JPY
Buy Stop 191.50 TP 192.00 SL 191.00
Sell Stop 188.50 TP 188.00 SL 189.00

LEVEL GBP/USD 08 SEPTEMBER 2008

2008-09-08T05:34:00.002+07:00

GBP/USD

GBP/USD
Sell Stop 1.7750 TP 1.7720 SL 1.7780
Buy Stop 1.7950 TP 1.7980 SL 1.7920

LEVEL USD/JPY 08 SEPTEMBER 2008

2008-09-08T05:28:00.002+07:00

USD/JPY

USD/JPY
Sell Stop 108.10 TP 107.80 SL 108.40
Buy Stop 109.10 TP 109.40 SL 108.80

LEVEL EUR/USD 08 SEPTEMBER 2008

2008-09-08T05:23:00.003+07:00

EUR/USD

EUR/USD
Sell Stop 1.4270 TP 1.4240 SL 1.4300
Buy Stop 1.4360 TP 1.4390 SL 1.4330

LEVEL USD/CHF 08 SEPTEMBER 2008

2008-09-08T05:12:00.002+07:00

USD/CHF
USD/CHF
Buy Stop 1.1220 TP 1.1250 SL 1.1190
Sell Stop 1.1150 TP 1.1120 SL 1.1180

LEVEL GBP/JPY 08 SEPTEMBER 2008

2008-09-08T05:05:00.002+07:00

GBP/JPY

GBP/JPY
Buy Stop 195.50 TP 196.00 SL 1.95.00
Sell Stop 193.50 TP 193.00 SL 194.00

TRADING PROFIT

2008-09-06T10:50:00.002+07:00

Definition

The profit made on a position held for less than one year. It is taxed at ordinary income rates long-term capital gains rate. rather than the more favorable

Calculating Your Taxes
Do you understand how your taxes are actually calculated? This article explains and gives examples of credits, deductions, and gifts. Also includes information on how family, marriage, children, and education can affect your taxes.

Taxes and Your Investments
Learn how taxes should affect your investment strategy. Understand how gains from stocks, mutual funds, bonds, lottery winnings, and other sources are taxed differently. Topics include short-term and long-term capital gains, the wash sale rule, investment interest, stock splits, and active trading. (http :// investorwords.com)

LEVEL GBP/USD 05 SEPTEMBER 2008

2008-09-05T06:12:00.002+07:00

GBP/USD

GBP/USD
Sell Stop 1.7570 TP 1.7540 SL 1.7600
Buy Stop 1.7650 TP 1.7980 SL 1.7620

LEVEL EUR/USD 05 SEPTEMBER 2008

2008-09-05T06:05:00.003+07:00

EUR/USD

EUR/USD
Buy Stop 1.4290 TP 1.4320 SL 1.4260
Sell Stop 1.4210 TP 1.4180 SL 1.4240

LEVEL USD/CHF 05 SEPTEMBER 2008

2008-09-05T05:51:00.003+07:00

USD/CHF

USD/CHF
Sell Stop 1.1090 TP 1.1060 SL 1.1120
Buy Stop 1.1120 TP 1.1150 SL 1.1090

LEVEL GBP/JPY 05 SEPTEMBER 2008

2008-09-05T05:42:00.002+07:00

GBP/JPY
GBP/JPY
Buy Stop 187.60 TP 188.10 SL 187.10
Sell Stop 185.80 TP 185.30 SL 186.30

LEVEL GBP/USD 04 SEPTEMBER 2008

2008-09-04T05:45:00.002+07:00

GBP/USD

GBP/USD
Buy Stop 1.7830 TP 1.7860 SL 1.7800
Sell Stop 1.7690 TP 1.7660 SL 1.7720

LEVEL USD/JPY 04 SEPTEMBER 2008

2008-09-04T05:36:00.003+07:00

USD/JPY

USD/JPY
Sell Stop 108.00 TP 107.70 SL 108.30
Buy Stop 108.50 TP 108.80 SL 108.20

LEVEL EUR/USD 04 SEPTEMBER 2008

2008-09-04T05:20:00.002+07:00

EUR/USD

EUR/USD
Buy Stop 1.4535 TP 1.4565 SL 1.4505
Sell Stop 1.4460 TP 1.4430 SL 1.4490

LEVEL USD/CHF 04 SEPTEMBER 2008

2008-09-04T05:14:00.003+07:00

USD/CHF

USD/CHF
Sell Stop 1.1040 TP 1.1030 SL 1.1070
Buy Stop 1.1090 TP 1.1120 SL 1.1060

LEVEL GBP/JPY 04 SEPTEMBER 2008

2008-09-04T05:00:00.003+07:00

GBP/JPY

GBP/JPY
Buy Stop 194.00 TP 194.50 SL 193.50
Sell Stop 190.50 TP 190.00 SL 191.00

Essential Elements of a Successful Trader

2008-09-03T19:39:00.002+07:00

Many new traders believe all you need to profitably trade foreign currencies are charts, technical indicators and a small bankroll. Most of them blow up (lose all their money) within a few weeks or months; some are initially successful and it takes as long as a year before they blow up. A tiny minority with good money management skills, patience, and a market niche go on to be successful traders. Armed with charts, technical indicators, and a small bankroll, the chance of succeeding is probably 500 to 1.

To increase your chances of success to near certainty requires knowledge; acquiring knowledge takes hard work, study, dedication and focus. Compile your knowledge base without taking any shortcuts, thereby assuring a solid foundation to build upon.

LEVEL GBP/USD 02 SEPTEMBER 2008

2008-09-03T06:08:00.002+07:00

GBP/USD
GBP/USD
Sell Stop 1.7750 TP 1.7720 SL 1.7780
Buy Stop 1.7850 TP 1.7880 SL 1.7830

LEVEL USD/JPY 03 SEPTEMBER 2008

2008-09-03T06:03:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 108.90 TP 109.20 SL 108.60
Sell Stop 108.50 TP 108.20 SL 108.80

LEVEL EUR/USD 03 SEPTEMBER 2008

2008-09-03T05:58:00.002+07:00

EUR/USD

EUR/USD
Buy Stop 1.4540 TP 1.4570 SL 1.4510
Sell Stop 1.4460 TP 1.4430 SL 1.4490

LEVEL USD/CHF 03 SEPTEMBER 2008

2008-09-03T05:52:00.003+07:00

USD/CHF

USD/CHF
Buy Stop 1,1085 TP 1.1115 SL 1.1055
Sell Stop 1.1040 TP 1.1010 SL 1.1070

LEVEL GBP/JPY 03 SEPTEMBER 2008

2008-09-03T05:45:00.002+07:00

GBP/JPY

GBP/JPY
Sell Stop 192.00 TP 191.50 SL 192.50
Buy Stop 194.00 TP 194.50 SL 193.50

LEVEL GBP/USD 02 SEPTEMBER 2008

2008-09-02T04:10:00.002+07:00

GBP/USD

GBP/USD
Sell Stop 1.7980 TP 1.7950 SL 1.8010
Buy Stop 1.8070 TP 1.8100 SL 1.8040

LEVEL USD/JPY 02 SEPTEMBER 2008

2008-09-02T03:58:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 108.30 TP 108.60 SL 108.00
Sell Stop 107.70 TP 107.40 SL 108.00

LEVEL EUR/USD 02 SEPTEMBER 2008

2008-09-02T03:50:00.003+07:00

EUR/USD

EUR/USD
Buy Stop 1.4660 TP 1.4690 SL 1.4630
Sell Stop 1.4580 TP 1.4550 SL 1.4610

LEVEL USD/CHF 02 SEPTEMBER 2008

2008-09-02T03:44:00.002+07:00

USD/CHF
USD/CHF
Buy Stop 1.1030 TP 1.1060 SL 1.1000
Sell Stop 1.0980 TP 1.0950 SL 1.1010

LEVEL GBP/JPY 02 SEPTEMBER 2008

2008-09-02T03:38:00.002+07:00

GBP/JPY

GBP/JPY
Sell Stop 193.60 TP 193.10 SL 194.10
Buy Stop 196.90 TP 197.40 SL 196.40

LEVEL GBP/USD 01 SEPTEMBER 2008

2008-09-01T06:07:00.002+07:00

GBP/USD
GBP/USD
Sell Stop 1.8050 TP 1.8020 SL 1.8080
Buy Stop 1.8140 TP 1.8170 SL 1.8110

LEVEL USD/JPY 01 SEPTEMBER 2008

2008-09-01T05:50:00.003+07:00

USD/JPYUSD/JPY
Buy Stop 108.70 TP 109.00 SL 108.40
Sell Stop 108.00 TP 107.70 SL 108.30

LEVEL EUR/USD 01 SEPTEMBER 2008

2008-09-01T05:18:00.003+07:00

EUR/USDEUR/USD
Buy Stop 1.4715 TP 1.4745 SL 1.4685
Sell Stop 1.4670 TP 1.4640 SL 1.4500

LEVEL USD/CHF 01 SEPTEMBER 2008

2008-09-01T04:57:00.002+07:00

USD/CHFUSD/CHF
Buy Stop 1.0990 TP 1.1020 SL 1.0970
Sell Stop 1.0950 TP 1.0920 SL 1.0980

LEVEL GBP/JPY 01 SEPTEMBER 2008

2008-09-01T04:49:00.002+07:00

GBP/JPYGBP/JPY
Sell Stop 193.50 TP 193.00 SL 194.00
Buy Stop 197.00 TP 197.50 SL 196.50

Advantages in Forex currency trading

2008-08-30T12:32:00.000+07:00

Equal Prospective in Rising or Falling Market Trend

There is no structural bias to the market and there are no restrictions on short selling in FX market. Trading in Forex gives you an equal prospective in rising and falling market.

As trades are always done in pair of currency pairs, Forex traders can always find chance to make money in anytime, regardless on the fall or rise period of one single country currency.

Trade Forex 24 hours a day

Forex market never sleeps. In Forex trading, you do not need to wait the market to open, you can always response to world latest movement and news immediately.

Every Sunday 5.00pm in New York, Forex market starts its week from Sydney, followed by Tokyo, Singapore, Hong Kong, London, and New York. In Forex tradng, you can always response to the market trend a lot faster than in any other trading market.

Also, with the flexibility of Forex market trading time, you can work on your trade in Forex during your free time. This means you can start small and work as part time trader before going full time on FX trading.

High Leverage Margin

Forex brokers offer trade margin of 50, 100, 150, or even 200 to 1 of trade margin.

Forex traders often find themselves controlling a huge sum of money with little cash outlay on the table. For example, a $1,000 in a 150:1 Forex account will gives you the purchase power of $150,000 in the currency market.

While certainly not for everyone, the substantial leverage available from online currency trading firms is a powerful, moneymaking tool. Rather than merely loading up on risk as many people incorrectly assume, leverage is essential in the Forex market.

This is because the average daily percentage move of a major currency is less than 1%, whereas a stock can easily have a 10% price move on any given day.

Why isTraders Lose Money in Forex..?

2008-08-30T06:38:00.002+07:00

1. They Work Hard but don't Work Smart

Many new online currency traders work hard - but they don't acquire the right Forex education.

FOREX trading attracts some of the cleverest people in the world - these traders are smart, and think that they can win simply because they're clever.

Being too smart however, can be a bad trait to have in Forex trading.

2. They don't keep it Simple

As you can gather from point 1, being clever doesn't mean you'll achieve success in online Forex trading. Not only should you leave your ego behind, you should also concentrate on trading using a simple system. Many Forex traders think the more complicated their system is, the more successful the system is likely to be - however, this logic is incorrect.

3. They don't accept Responsibility

When you're trading currencies, it's tempting to follow a guru whose made money - or claims to have made money.

The Internet is full of Forex education you can buy for $100 or so - and they all claim it'll make you rich - but this is not the reality of currency trading.

The only way to succeed is to rely on yourself - no one else can give you success. If you can't take responsibility for your actions - don't trade in the currency markets.

4. They're too subjective

In Forex trading, most traders like to use technical analysis, and study Forex charts.

Studying charts can make you a lot of money - however you must be aware of the trap that many traders fall into - being too subjective.

5. They lack Patience

Many traders get impatient when Forex trading, and want to achieve success too quickly.

They start trading using one method, get frustrated with it when it doesn't make money - and then switch to a different method. They then end up like a dog continually chasing its tail.

Bad periods are normally followed by good trading periods - and profits, (if you're using a soundly based Forex trading system) so you need to stick to your plan.

Stop changing systems and have the patience to follow your Forex signals with discipline.

LEVEL GBP/USD 28 AGUSTUS 2008

2008-08-28T04:55:00.002+07:00

GBP/USD

GBP/USD
Sell stop 1.8300 TP 1.8270 SL1.8330
Buy Stop 1.8440 TP 1.8470 SL 1.8410

LEVEL USD/JPY 28 AGUSTUS 2008

2008-08-28T04:52:00.002+07:00

USD/JPY

USD/JPY
Sell Stop 109.30 TP 109.00 SL 109.60
Buy Stop 109.90 TP 110.20 SL 109.60

LEVEL EUR/USD 28 AGUSTUS 2008

2008-08-28T04:48:00.002+07:00

EUR/USD
EUR/USD
Sell Stop 1.4690 TP 1.4660 SL 1.4720
Buy Stop 1.4780 TP 1.4810 SL 1.4750

LEVEL USD/CHF 28 AGUSTUS 2008

2008-08-28T03:47:00.003+07:00

USD/CHF
USD/CHF
Buy Stop 1.0990 TP 1.1020 SL 1.0960
Sell Stop 1.0940 TP 1.0910 SL 1.0970

LEVEL GBP/JPY 28 AGUSTUS 2008

2008-08-28T03:37:00.003+07:00

GBP/JPY
GBP/JPY
Sell Stop 199.90 TP 199.40 SL 200.40
Buy Stop 201.70 TP 202.20 SL 201.20

LEVEL GBP/USD 27 AGUSTUS 2008

2008-08-27T06:11:00.004+07:00

GBP/USD
GBP/USD
Buy Stop 1.8440 TP 1.8470 SL 1.8410
Sell Stop 1.8360 TP 1.8330 SL 1.8390

LEVEL USD/JPY 27 AGUSTUS 2008

2008-08-27T06:06:00.002+07:00

USD/JPY
USD/JPY
Buy Stop 109.80 TP 110.10 SL 109.50
Sell Stop 109.30 TP 109.00 SL 109.60

LEVEL EUR/USD 27 AGUSTUS 2008

2008-08-27T05:59:00.004+07:00

EUR/USD
EUR/USD
Buy Stop 1.4660 TP 1.4690 SL 1.4630
Sell Stop 1.4620 TP 1.4590 SL 1.4650

LEVEL USD/CHF 27 AGUSTUS 2008

2008-08-27T05:50:00.002+07:00

USD/CHF
USD/CHF
Sell Stop 1.0980 TP 1.0950 SL 1.1030
Buy Stop 1.1020 TP 1.1050 SL 1.0990

LEVEL GBP/JPY 27 AGUSTUS 2008

2008-08-27T05:41:00.002+07:00

GBP/JPY

GBP/JPY
Buy Stop 203.20 TP 203.70 SL 202.70
Sell Stop 109.90 TP 109.40 TP 200.40

LEVEL GBP/USD 25 AGUSTUS 2008

2008-08-24T23:32:00.002+07:00

GBP/USD

GBP/USD
Sell Stop 1.8480 TP 1.8450 SL 1.8510
Buy Stop 1.8560 TP 1.8590 SL 1.8530

LEVEL USD/JPY 25 AGUSTUS 2008

2008-08-24T23:28:00.002+07:00

USD/JPY

USD/JPY
Buy Stop 110.20 TP 110.50 SL 109.90
Sell Stop 109.70 TP 109.40 SL 110.00

LEVEL EUR/USD 25 AGUSTUS 2008

2008-08-24T23:21:00.002+07:00

EUR/USD
EUR/USD
Sell Stop 1.4730 TP 1.4700 SL 1.4760
Buy Stop 1.4810 TP 1.4840 SL 1.4780