Dislikedsalam,
when i viewed all merlintrade postings frankly speaking im also
wondering why he just post half part of the graph but at the same time still showed his profit..
i dont want to be buruk sangka..so i just view all his posts with an open heart..hehe...
and then i started to think whether ...he using micro or standard account..
but i dont care whether micro or standard the point is
he is trully brave trader...im pretty sure he using a lot of 8.0 lot..
which most of the trader consider it as greedy... but
from my point of view he trying...Ignored
I have said almost everything I wanna say about Forex... and I already got my own group/community for me and the members to meet up regularly and trade live together.
There's nothing else I wanna explain about my trading system as I already explained everything about it in here. I am back to basic. No indis. Just S&R. My S&R comes from:
1) PREVIOUS PRICE BEHAVIOUR
2) PIVOT
3) FIBO
4) TREND LINES
5) Psychological Number.
6) With the aid of understanding Candle Stick behaviour
After I have gone through so many indicators out there... so many EA/Robots... so many techniques/strategies... I am back to this... BASIC. KISS >>> Keep It Short and Simple.
I finally found the system on my own and I am gonna stick with it to really master the system. Along the way of course I need to upgrade and fine tune the system to match with current market psychology. Got to be dynamic with the market... not static.
For instant... market psychology before the economic turmoil... before middle 2007. CABLE and FIBRE range is just about 100pips per day. Nowadays... easily up to 500pips range per day movement. Even got 1000pips range last year! Market became so sensitive and volatile with so many uncertainties. Still using the same system but have to modify pips range to TP and place SL. SWING also not so good nowadays... therefore I prefer to HIT AND RUN... rather than LET THE PROFIT RUN. When the world economy stable again... then further modification needed to match with the market psychology that time.
I am already successful in creating my own fx community. I am very happy about it. Crating LIFE out of Forex as the community members regularly do activities together not just LIVE TRADING but also other things such as FISHING TRIP... Family Days... Paintball... watching movie together and so on. However I am still not so successful in Trading. Last year was my nightmare! Because I get used to trade during the world economy was stable... when the big change and turmoil happen... I got trapped. Many of my MANAGED ACCs (I used to managed acc but no more now... I am trading on my own acc now) in a deep $#!t!!! Adapting myself now with the current situation and growing back bit by bit (collecting more profit to top up the troubled acc I managed last time). Everyday is a new lesson. Learning is a never ending process. Even though I have survive long in this hazardous business... I still feel myself like a NEWBIE.
Since now I am getting busy and busier. I won't have much time to post anything in here like I used too. Already been offered to work with a broker and I also got comitment to my FX Community.
If you GOOGLE my nick SHAMX777... you'll find out where I spend my time most everyday.
Then you'll know why I am not so active in here anymore. For you guys... please feel free to use up this platform to gain more and more knowledge that beeing share together. It helped me a lot and I hope this thread will continue helping others.
p/s: I don't know JEBAT.. I PM him and asking something to him in my post... he never reply.