This blog is totally free forex guide for forex trader. If you are forex newbie, it is very useful for you to read from beginning. If you are forex trader you can try my indicator. I also welcome you to discuss with me about your indicator. I was indicator tester and only recommend you the best. You can email me at : lumpakis@yahoo.com

Thursday, June 26, 2008

e-bullion not available now

Marketiva do not receive deposit from e-bullion temporary causes by some technical problem. You can deposit your fund using other alternative web money, liberty reserve or e-dinar.

For those from Malaysia, you can use e-dinar (malaysia merchant) as well. :-).

Tuesday, June 24, 2008

How to begin your forex trading

Opppsss... I have show you my indicator in my last post but still not teaching you how to start your forex account. My mistake. I know many of you still thinking that all of this stuff or forex stuff didn't make any sense to you. Im telling you that all this will not make any sense to you unless you start trading. I know and i know that all newbie have no idea how to start. I also experience that before.:-).

This is what i do. First i open my account in www.marketiva.com .Marketiva is the best forex broker that i recomend to you. There are many other broker that offer their trading platform for you such as FXCM, fxd24, ibfx and many more

When you register in www.marketiva.com , you need to download marketiva trading platform. It really easy. What you have to do is follow the instuction. Then you have to install them inside your computer. They (marketiva.com) also will give you 5 dollar free for you. (i know some friend who have make his 5 dollar to 75 dollar in 2 weeks). They are also give you 10k dollar virtual money for you to training.

Register now: www.marketiva.com

After you install your trading platform, you can explore your platform. It really easy. Other feature that i like in marketiva is you can chat with other trader and ask them where the current market heading. I learn a lot from them. The only thing that i dont like in marketiva is the charting option is too small. So, i use metatrader to see the chart.

You can download met4 here: Metatrader

Next step is to deposit your money to marketiva.
There is many way for you to deposit you money to marketiva. I use e-bullion to deposit my money.

Register you e-bullion.

For my friend from Malaysia, i am using www.myegoldx.com as my third party to deposit my money to e-bullion. You can trust this website since i have deposit and withdraw my money from it many times.

Deposit e-bullion: www.myegoldx.com

Happy trading. :-).

spread?

Someone have ask me this:
Why when i enter my position, my postion will begin with negative?

OMG.. What happen? Why it is red? Oh no!! It cant be like that... (O*O) Just kidding. Yes my friend. When we enter our position, our position will alway negative. That is what we call spread. Spread is depends on movement between the pairs. The higher spread in forex is GJ -8 and the lowest EU -2. Other pair is always -4 such GU and AU. The broker take our spread as their servis charge (hehe we can say that :-p) so to get our profit, we challenge that spread and get greens pips.

So dont worry friend. If you open your position there is always begin with some minus red pips (spread)

Where? When? What? How?

This is some popular question that my friend have ask me:

1.)Where to trade?
2.)When to trade?
3.)What to trade?
4.)When to open the position?
5.)Where to place the stop loss order?
6.)When to close the position?
7.)How much money to trade in each operation?

So this is my simple answer for that popular question:

1.)Marketiva platform (www.marketiva.com)
2.)Forex market is open 24 hours a day from monday to friday. You can trade anytime you want. But the best time to trade is when both currency open overlap. For example : The best time to trade Gbp/Jpy is Japan open (close) and Great Britain close(open) in Malaysia (+8 GMT) is at 5pm. (7am).
3.)I trade in all currency fo 4 hours timeframe and scalping on GJ, GU and EU intraday.
4.)When my indicator say yes. I not open my position 1 hour before and after high impact news on any currency.
6.)I never put my stop lose since i have big margin call.
7.)I put my trailing stop at 50 pips, 100 pips, 150 pips, 200 pips, 250 pips and ......
8.)I just use 10% money management for all currency not 10% for every pair.

:-). Enjoy your trading

Saturday, June 21, 2008

My simplest setting

This is my simple MA setting and i get a lot of green pips from it. Originally, I just using MA when i trading for this system. But, after i have improve it by adding rsi and stoch setting to scalp on this system. I open 2 position for this setting. Major position for trading on SMA signal and minor position for scalping using Stoch. Im using time frame 4 hours, tf4 for this system. I look my stoch to see overall trend at daily tf. CCI for comfirmation of overbought and oversold. It was 90% working on GU and GJ pairs. I dont use this system on other pairs, just on GU and GJ. So this is my setting :

First EMA (red) : 50 EMA
Second EMA (blue): 13 EMA
Third EMA (yellow): 4 EMA
Stoch 1 : 5,3,3
Stoch 2: 14,3,3
CCI (14)

Major:
Buy position : wait blue ema cross up red ema follow by yellow ema and enter your buy position
Sell position : wait blue ema cross down red ema followed by yellow ema and enter your sell position
Close position : close your sell (buy) position when blue and yellow ema cross again red ema.

Minor:
Buy when major trend is up and close when the stochastis 5,3,3 overbought
Sell when major trend is down and close when the stochastich 5,3,3 oversell
Dont sell (buy) when major trend is up (down)

Gbp/Usd
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Gbp/Jpy
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I like tf 4 because i dont need to sit infront my laptop for 24 hours. I can go out and enjoy myself. :-).

Download your template : Simples 4 hours
Download your ebook : Simples 4 hours

Trading on you own risk.
Peace to the world.

Friday, June 20, 2008

Habit

I am your constant companion;
I am your greatest helper or your heaviest burden.
I will push you onward or drag you down to failure.
I am at your command.

Half of the tasks that you do you might just as well
Turn over to me and I will do them quickly and correctly.

I am easily managed; you must merely be firm with me.
Show me exactly how you want something done.
After a few lessons, I will do it automatically.

I am the servant of all great people
and the regret of all failures as well.
Those who are great, I have made great.
Those who are failures, I have made failures.

I am not a machine but I will work with all its precision
Plus the intelligence of a person.

Now you may run me for profit or you may run me for ruin.
It makes no difference to me.
Take me, train me, be firm with me and I will lay the world at your feet.
Be easy with me and I will destroy you.

I am called Habit!

Author Unknown

Your First Forex Guide

Haii there, it was 2.45 pm at +8 gmt in Malaysia, it was raining and have stop just now.. :-p. heii what i tell you all of this. nothing.. nothing. So let go the topic. Hemm why i choose forex? For your information, i just finish my degree in Electrical and Electronic Engineering in this semester. I know i know that i can make money if i applying a job that related to my degree. I can have a lot of money by entering in any consultant, contractor or other organization that related to my degree. But i'll not do that cause i know i can make more money in forex. I was know forex about 2 years ago, but i was in live market for a year. I have make a lot money since then. But, before i know forex, i have lost a lot of money to invest many internet scheme such HYIP, autosurf, MLM and other. There is no such thing to gain 200% of money that your invest in HYIP for 2-3 days. They are all cheating on your money. I experience it.

Back to our topic. Forex stand for Foreign Exchange. Before years 2000, you need at least 10billion to start you forex account. But, nowadays any individual can start their forex account as small as 10usd impact from internet and world economic. I tell you that forex is not an easy way to get money. There is a lot of thing that you need to study to success in forex. I myself also lost some money when i was a newbie. The important thing in forex is your determination, patient, able to spend your time to study, and trust yourself. I know all thing that i'll teach you will make no sense at first, but slowly i believe that you'll able to learn it.

Download Your First Forex Guide

God Loves You

Thanks God for giving me breath today. Thanks for my food, clothes, and all other thing that He gives to me. Thanks because i still can run, jump, smile, punch and bla bla bla until today. I know life is not easy. Sometimes we need to give up for other people. Everyday God teach me how to live in this world. He is so wonderful. I'll never forget His promise to me, my family, friend and all other people that i love. God bless all you especially you that read this post. He love you and me. He'll never betray us. Trust Him that He will keep His words.

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God Bless You. Amen

Thursday, June 19, 2008

Online Storage..

You can upload your online stuff at http://www.4shared.com. :-). You can upload until 5 gigs for free account. Is it too small for you? I think it ok for me. You also can upload 100Mb for a file. You also can purchase it for extra space until 50gb. They also provide you an affiliate program and you'll get 20% from each account purchase under your refferal id. What you can do is make a paypal account at www.paypal.com for payment. But for me, i was happy because it is FREE. :-).


Join 4Shared Now!

Add new application

Haii It's me lumpakis. I just add new application to my blog. You can leave your comment and you msg on it. For other blogger who want to add their chat box on their blog you get get your own on http://www.cbox.ws. They are completely free.. :-)

Enjoy ur day. :-)

Monday, June 16, 2008

Sandwich?

emmmm sndwich?? some of friend ask me why i use xoxo-sandwich for my blog, i just simply answer them it is simple and delicious. :-). They still wondering. I just say that it is just because i'll post many thing in my blog. About what im doing, my trading system, my online money hunting, tips and all other thing. It'll mix each other but you'll find out that everything is simple and interesting. I have other blog site that i have make for different topic. But i almost having no time to update them all so i decide to make my life simple by putting it all together inside one blog. :-)

About myself

I was born in Kota Belud which is also known as Cowboy Town in Malaysia. It is about an hour travel by vehicle from Kota Kinabalu. I grow up in a village that they call Kampong Piasau. Piasau means coconut tree in bahasa Dusun. It is true that a long time ago there is a lot of coconut tree in our village where the villager make "bahar" (an alcoholic drink) from coconut palm. My grandfather is an expert making "bahar". But i dont like "bahar" because it has a terrible smell and the most reason i dont like "bahar" it make you drunk. :-p.

I love my village very much. I like the fresh air, river, paddy field and the cow. Now I was staying in Kota Kinabalu. I really miss my hometown and my teenager experiences. :-). But, I know i have to continue my live forward. Find some money for my family and myself. I am a fulltime forex trader. My job everyday is to do experiment, testing and analysis on foreign exchange market and enter the market when there are green light from my indicator. I have trade for almost 1 year after learning this forex area in 2++ years. Beside, I do find some money from internet from affiliate and google adsense. I learn everyday how to improve myself, my trading and other thing.

I am enjoying doing all this in my life and I hope you'll enjoy urself to read my blog.