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
Showing posts with label forex. Show all posts
Showing posts with label forex. Show all posts

Monday, December 22, 2008

Please send me christmas present, Santa

Merry Christmas and Natal everyone. Year 2008 is about to end and year 2009 is about to come. I was looking for new reversal trend for next year after some cut have made some country. Hope santa will give his present for the trader with reversal long term trend. Happy trading all my friend.

Friday, December 5, 2008

Market View After Cut Rate

Hai.. Yesterday trading is didnt make smile in my face. It was long red after 4 days all green. As aspected the EURO is cutting rate. From previous analysis the Euro show a downtrend after the cut. But it seem Dow Jones not supported this analysis, it was bullish after long bearish since monday. After a great bullish since last night, we will see a downtrend for EU, GU, and GJ. I have put my target profit GJ at 131.xx, EU at 1.22xx and GU 1.44xx. I hope we will see that point next week.


Anywere, have a good trading day.

Thursday, November 27, 2008

GU tips on 27 Nov


Hello trader, it was 11.07 pm (+8 GMT) and it was really dark here. I just enter three position on EU, GU and GJ today. It seem i have some red pips today but i guess i can recover that lose in my win position since we know that we can't tame the market. Ok.. Let discuss on my GU chart above. Since my channel resistance have been break we can see new trend to GU. It continue uptrend untill my STOCH, RSI , and CCI show overbought in all side. In these chart we can see double top with doji candlestik have been form in this chart.

So i expect there is another minor trend changes to downtrend to GU for another 300 pips. So i was enter my long term into short position. I wish i can tame the market now.

That's all for today and happy trading..


Wednesday, November 19, 2008

GJ and GU analysis on 19th November



Hii.. Good morning everyone.. it is 6.18am in +8 GMT Malaysia, so ... this is 1 hour time frame for GJ and uptrend triangle have been from in this morning.. There is a strong resistance at 142.21 and support at 138.92. Now i wait the candle cross the support and resistance to enter my position. There is several speech and news last night that make some pressure to buyer and seller to place their bid. (You can see the time table for important schedule at www.forexfactory.com).


In GU, I also find out that the uptrend triangle have been form. There is strong support at 1.5088 and resistance 1.4893 and i also waiting for these candle cross the resistance.

That all for today.. Happy trading..

Tuesday, November 18, 2008

GJ anlysis 18th November

Hai... good morning everyone. GJ seem want to rebound to bull position after bear rally for 5000++ pips. We can see double bottom at daily chart. The candlestick have cross my bullish channel (white channel) and seem my 3 and 14 moving avarage have cross each other. To comfirm bullish revesall the candlestik need to cross my red channel and both 3 and 14 ma cross the 50 (blue ) ma. It seem the short term trends still showing bearish where my cci and stoch bend down. I was waiting for 147.30 to enter my long position.

Anywere, good luck in trading my friend.

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. :-).

Friday, June 20, 2008

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