ready for sell eurjpy, upper supdem...
my daily journal of fx trading of more than 100++times mc sinc2008.. FOREX HAS MEMORY.. DAN ZANGER
Search This Blog
10usd jah
Friday, 28 June 2013
Thursday, 27 June 2013
1st profit real 27jun13
demo..usd4k profit, real usd20..1st day profit after loss usd277 in real.. hope to come back with the right mm and discipline..PAIR YANG SESUAI TARDE SUPDEM DAN DONCHIAN.. EYRUSD, EURJPY DAN EUR AUD.. AVOID OTHER PAIR..
Wednesday, 26 June 2013
real depo..
real depo today, try pair ej, eu..fail..lost usd300, ada lagi usd115...huuuu..sedih.. sebab tamak dan terikut member trade.. ej...
Tuesday, 25 June 2013
Monday, 24 June 2013
Sunday, 23 June 2013
tested sma20, donchian 30 euraud 24jun13 monday..
live trade.. euraud test sma20 (yellow line) but fail to cross it.. fall again..sell in profitable condition...
Saturday, 22 June 2013
20jun2013 fomc eurusd, euraud impact..
usdx , dollar index stronger after fomc, eurusd down, gbpusd down, eurjpy up...
euraud impact only 1 day on fomc, before journey back..
eurusd impact for whole 2 days.. thursday, friday...
euraud impact only 1 day on fomc, before journey back..
eurusd impact for whole 2 days.. thursday, friday...
Friday, 21 June 2013
After fomc 20jun13 ngetest FBS demo..usd3k..in 5hr..
Tuesday, 18 June 2013
Monday, 17 June 2013
7 Things No One Will Tell You AboutForex Trading
7 Things No One Will Tell You
AboutForex Trading
There are some aspects to trading that a lot of
people don’t want to talk about. Especially, people trying to sell you
expensive trading systems, some brokers, and other people who might have an
interest in keeping some of the not-so-pretty parts of trading ‘under the
covers’. Basically, not many other people in the mainstream Forex world are
going to tell you many of the ‘ugly’ aspects of becoming a trader, so that’s a
role I’ve decided to take on…
Today I want to share with you guys 7 things that
no one ever told me when I began trading, and that I didn’t read on any Forex
website. Indeed, the 7 points below are all things I figured out through good
old trial and error, and in hopes of making your Forex trading journey a little
smoother I’d like to share them with you now:
1: You
don’t have to be exceptionally smart to trade successfully
Perhaps one of the biggest misconceptions that most
people seem to have about professional traders is that they are ultra-smart
Ivy-League math-wiz’s who have some super-human ability to make money in the
markets. This is really not the case; in fact, many successful traders never
even went to college or never finished, like myself, because being a successful
trader takes a skill set that is not taught in most schools. In reality, being
a successful trader is really more of a psychology-based skill than a technical
or numbers-based skill like many people think. You don’t need a college degree
to be a profitable trader, and you don’t need to understand calculus. What you
really need is to make disciplined and patient trading a habit and a part of
your daily trading routine.
So, don’t be overwhelmed by the endless amount of
complicated trading systems and messy looking indicators that seem like
something only Einstein could make sense of. You need to have emotional
intelligence and the ability to control yourself in the presence of constant
temptation, but you don’t need to be a mathematician, an economist or even a
college graduate to be a successful forex trader.
2: Humans
are not naturally good at trading
Whilst it is true that some people are naturally a
little better at trading than others, it’s also true that the habits and
mindset we need to consistently pull money out of the markets is not something
anyone is born with. Basically, we come pre-wired to suck at trading.
Evolution has had a lot more time to have an effect
on our more primitive ‘fight or flight’ brain areas than our more advanced
brain areas which have evolved much more recently and are the ones we need to
be good traders. When we have our real money on the line in the markets, our
brains basically behave as if someone or some animal is about to steal all the
food we just worked really hard to kill and bring back to the cave. Thus, when
we lose that food (money) we get emotional, because we know that we have to
work to make that food back AND we are still hungry. Now, in the caveman days,
our primitive brain areas would serve us well by urging us to go back out into
the woods and hunt another animal…or we will starve.
Fast forward thousands of years and here we are in
the 21st century sitting at our computers trying to multiply our
hard-earned money (food) by pushing buttons. We have really only lived in the
age of computers and modern-technology for about 50 years or so, and electronic
trading on the internet is much newer than that. So, the point is that our
brains are basically sending us signals as if we are cavemen while we are
trading, and this is the reason why we immediately jump back into the market
after a loss or why we take bigger risks after we hit a big winner. To overcome
this, we have to use our most advanced brain areas like the prefrontal cortex,
which are more recently evolved and more adapted to the tasks of planning and
holding off near-term temptations for larger longer-term gains.
The point is that it takes a conscious effort
to do this, you can’t just think you’re going to ‘run and gun’ in the markets
and have no plan or no logic behind what you’re doing. If you do trade in this
manner, like a lot of traders, there’s almost a 100% chance that you’ll be
operating off of those fight-or-flight brain areas instead of your more highly
evolved brain areas which require conscious effort and ‘work’ to make use of.
3: Pro
Traders Don’t Think In % Returns
One of the biggest ‘secrets’ of trading is that
percent returns don’t really matter. Think about it, if someone tells you they
made “100% on their account last year”, what does that really mean? It is not
actually a relevant measure of trading performance because it could mean some
amateur trader got lucky a few times and turned his $300 dollar account into a
$600 account, or it could mean a professional trader followed his plan to the T
and banged out a nice return at year’s end, also doubling his account. The
point is this…percents don’t actually mean anything in the trading world
because they are relative to too many other variables. Let me explain…
Professional traders are not typically reporting
annual performance to a group of share holders; rather they are trading for
profit on a month-to-month basis. They withdrawal money regularly and live off
the profits…therefore their account balance is probably not a reflection of the
cumulative profits they have made for that year, because they’ve taken a lot of
profits out of the account. Essentially, pro traders don’t track their account
value by how much ‘percent’ it is up because they take money out of it and the
balance will fluctuate dramatically from month to month depending on profits
and losses that occur.
In reality account size and % returns are very
arbitrary in professional retail trading, the most important thing is overall risk
reward …as in how much you risked vs. how much you gained, and that would be
the truest measure of performance and a more genuine benchmark to compare one
trader to another. Thus, professional traders are always thinking in terms of
risk reward; how much money did I risk last month and how much money did I
make?
4: It takes
time to become a successful trader
You probably aren’t going to hear this one from
anyone in the mainstream Forex world either. Most brokers and people selling
“magic-bullet” Forex trading systems really want you to think that trading is
easy and that soon you’ll be pulling a full-time income out of the markets.
I am not here to discourage you, because you CAN
make money in the markets, I personally know quite a few traders who do,
including myself. But, the ones that I know who make money in the markets were
willing to put in the hours of trial and error to get to the ‘other side’. They
were willing to fix their trading problems which very often meant ‘fixing’
their own mental problems that were preventing them from making money in the
markets.
I believe that anyone can be a successful trader if
they are willing to work for it. But you have to
consciously put in the effort to only trade when your edge
is present and to not risk more than you should per trade, and for many traders
doing these things consistently is almost impossible.
Trading is not for everyone; even if you manage to
make a living in the markets, it’s not a 9 to 5 job and you never know for sure
how much you will make any given month, some people don’t like this
uncertainty, actually most people don’t. This is why some traders try to set
goals to make an exact dollar amount each month. But that’s not how the market
works…you’ve got to trade to the best of your ability and take what profits you
can get. Some months you might make a lot of money and some months you might
just breakeven or lose a little bit as a pro trader.
5:
Successful Forex trading should be somewhat boring
You probably won’t hear that a consistently
profitable trader’s job is boring, because everyone just assumes it’s super
awesome and filled with sports cars and a fast life-style. That isn’t always
the case.
As a natural result of doing the things that it
takes to trade successfully, like being disciplined, patient, having a trading
plan, etc, you aren’t going to experience the high highs and low lows that many
amateur traders experience on the way to blowing out their trading account. Instead,
a pro trader is rarely surprised by any result in the market; win, lose or
draw; they were prepared for any outcome because they had a plan before they
entered.
I am not saying that being a professional trader
isn’t fun or an awesome job and lifestyle; I’m just saying it’s quite different
from what you might think. It should essentially be a non-emotional event if
you are doing it right, like going to work each day. You don’t get super
emotional at work every day do you? Once you reach a level where you have
eliminated the emotions from your trading and you don’t feel your heart rate
increasing when you enter a trade and you don’t get angry after a loss, you
will be on the right track.
6: The more
you ‘need’ to make money in the markets, the harder it becomes
Perhaps the best way to explain why many traders
lose money over the long-run in the markets is because they put too much
pressure on themselves to make it. One thing you need to come to grips with
early on in your trading career is that it’s YOUR fault if you are losing
money, not your brokers, not your trading buddy who told you to “buy the EURUSD
because I’m sure it’s going up”…it’s all your fault if you lose money. The only
person you are really in competition with in the market is YOU and more
specifically, the mental variables flying around inside your head.
For most traders, they come into the markets
because they think it’s an easy way to make some fast money, quit their jobs
and live on the beach. Unfortunately, the reality is quite a bit different. The
reality of trading is that it’s essentially a big paradox. By that I mean, the
more you want and need to make money in the markets the less likely you are to
do so. Whilst it’s OK to be passionate and enthusiastic about trading, for most
traders they simply let those feelings influence their trading decisions too
much. When you are excited about a trade, you’re emotional about it…you don’t
want to wait 2 years and see your account grow at a respectable pace, instead
you want to make exponential gains each week and watch your trading account
make you rich. But, again, these feelings are actually causing you to lose
money in the markets. You are putting too much pressure and ‘need’ on yourself,
and this causes you to try and ‘force’ money from the market by trading too
much and risking too much.
Instead, you have to take what the market is
offering you, and if it’s not offering any good trading opportunities for a few
days, or even for a week or two….THEN IT’S NOT. Just accept that the market is
not going to provide you with a high-probability / obvious trade setup every
single day, if it did then everyone would be rich. You’ve got to understand
what I am telling you here…which is that the real ‘work’ and skill of being a
great trader lies in sitting on your hands and having a very discerning eye and
good timing for when to enter and when not to enter. Good traders also know
that when in doubt, it’s always better to just not enter a trade.
You will make money faster by trading less
frequently, because over the long-run your ability to use discretion in finding
a high-probability price action strategy
is going to get more and more refined and you’ll naturally filter out more
and more potential trade setups, leaving behind the higher probability ones.
But, until you have developed this discretionary trading skill to its fullest,
you’ll have to err on the side of caution by not trading if you have any doubt
about a particular setup.
7: You
Don’t Need Fancy Software or Multiple Trading Screen Setups
Most trading websites are not going to tell you
that you really don’t need fancy trading software or multiple trading screen
setups to be successful in the markets. The fact is, you don’t need this stuff,
and you can actually trade very successfully just from your laptop and a free
charting program like metatrader 4 .
I personally trade from my laptop most of the time as I am on the go a lot and
I travel often.
The most important tool in your trading arsenal is
you, or more specifically your brain, not trading software, indicators, or
multi-screen trading rooms. If you can manage to conquer yourself and your own
mental mistakes that are causing you to lose money in the markets, you will be
about 80% closer to making consistent money in the market. If you combine that
self-mastery with a high-probability trading strategy like price action, you
will have everything you need to become a successful trader.
daily trend rider donchian euraud going for usd3k...
euraud is better with tf daily, the trend is clear...buy, buy , buy, until daily bar cross the middle band of donchian channel, then sell, sell, sell....
akibat donchi supdem dan death star? usd2k per trade..
akibat pematuhan supdem, donchian dan juga sifat candle.. usd 2k per trade
real akaun??? 2 usd jeeeerrr.....heheheehehe.....
real akaun??? 2 usd jeeeerrr.....heheheehehe.....
Friday, 14 June 2013
DONCHIAN RETACEMENT, SPECIAL TRADE 11, 12PM RABU, KHAMIS, JUMAAT
REV TIME FOR 3 STRAIGHT DAYS.. RABU, KHAMIS DAN JUMAAT..12,13 & 14JUN2013..NO TRADE BAK OCCURED..PNV 75--120PIP DAY VALID..
Thursday, 13 June 2013
Wednesday, 12 June 2013
12pm reversal time another usd1k..
ANOTHER 1k usd possible.. just follow 'LAW & ORDER'.. SUPDEM AND DONCHIAN...
BELIEVE ME.. YOU CAN DO IT.. and most importantly is 'WITHOUT FEAR'.......
BELIEVE ME.. YOU CAN DO IT.. and most importantly is 'WITHOUT FEAR'.......
DONCHIAN AND SUB DEM
DONCHIAN PERIOD IS 30.. if supdem broken and cannot tell you where the price will go.. well then look at donchian chanel.. find it in all time frame 1h, 4h, daily, weekly... remember..FOREX HAS MEMORY'.. also don't forget revtime EURUSD.. 11,12 PM...EVERYDAY...
Monday, 10 June 2013
trade supdem with donchian channel
http://berita-ntb.blogspot.com/2012/11/strategi-forex-terbaik-price-action.html donchian explanation
Begitu powerful-nya dia sampai-sampai pembalikan trend pun bisa terlihat jelas. Yang perlu saya tekankan disini adalah kata-kata "biasanya" yang ada di gambar di atas. Pengamatan saya selama ini sudah saya tuangkan disana, tapi pasti akan ada saat dimana terjadi yang sebaliknya.
Logikanya begini:
1. Jika harga "bermain-main" di garis tengah Donchian terlalu lama, itu tandanya harga tidak cukup kuat untuk menembus/meneruskan perjalanannya. Yang mana bisa disimpulkan: trend saat ini akan terus berlanjut.
2. Jika harga tidak bermain-main di garis tengan Donchian, tapi langsung memotong dengan 1 bar saja, artinya dia memiliki kekuatan penuh untuk melanjutkan perjalanan. Yang mana bisa disimpulkan: trend akan berubah.
gaimana menentukan TP dan SL-nya
Nah yang saya tulis tujuan pertama itulah TP kita yang kesatu, dan tujuan kedua adalah TP kita yg kedua. Sebetulnya masih ada satu TP lagi, yaitu garis Donchian terbawah (di bawah tujuan kedua). Atau sewaktu kita menganalisa kemarin kan ada kalimat begini:
harga sedang bergerak mendekati level 1.3510 --- lalu ke 1.3460 -- lalu ke 1.3445.
Down - down - down. pentingnya garis-tengah Donchian, dan bagaimana trend bisa berubah bila mengenai garis tengah ini? Nah, di situlah kita sebaiknya meletakkan SL. Kita harus mengantisipasi berubahnya trend, dan fenomena ini terjadi saat garis tengah Donchian ditabrak oleh harga.OK saya ulangi lagi poin pentingnya ya:
Kesimpulan
1. Tradinglah hanya di jam-jam yang ramai.
2. Always follow the trend! Always follow the trend!
3. Pastikan Renko Chart sudah memberikan sinyal yang sama dengan Donchian.
Gunakan Donchian untuk:
- menentukan trend
- menentukan target TP dan SL
- menentukan trend reversal
Jangan gunakan Donchian untuk OP!!!! --> awas, ini penting sekali nih...
-
Donchian is a very-very powerful trading tool!
Begitu powerful-nya dia sampai-sampai pembalikan trend pun bisa terlihat jelas. Yang perlu saya tekankan disini adalah kata-kata "biasanya" yang ada di gambar di atas. Pengamatan saya selama ini sudah saya tuangkan disana, tapi pasti akan ada saat dimana terjadi yang sebaliknya.
Logikanya begini:
1. Jika harga "bermain-main" di garis tengah Donchian terlalu lama, itu tandanya harga tidak cukup kuat untuk menembus/meneruskan perjalanannya. Yang mana bisa disimpulkan: trend saat ini akan terus berlanjut.
2. Jika harga tidak bermain-main di garis tengan Donchian, tapi langsung memotong dengan 1 bar saja, artinya dia memiliki kekuatan penuh untuk melanjutkan perjalanan. Yang mana bisa disimpulkan: trend akan berubah.
gaimana menentukan TP dan SL-nya
Nah yang saya tulis tujuan pertama itulah TP kita yang kesatu, dan tujuan kedua adalah TP kita yg kedua. Sebetulnya masih ada satu TP lagi, yaitu garis Donchian terbawah (di bawah tujuan kedua). Atau sewaktu kita menganalisa kemarin kan ada kalimat begini:
harga sedang bergerak mendekati level 1.3510 --- lalu ke 1.3460 -- lalu ke 1.3445.
Down - down - down. pentingnya garis-tengah Donchian, dan bagaimana trend bisa berubah bila mengenai garis tengah ini? Nah, di situlah kita sebaiknya meletakkan SL. Kita harus mengantisipasi berubahnya trend, dan fenomena ini terjadi saat garis tengah Donchian ditabrak oleh harga.OK saya ulangi lagi poin pentingnya ya:
Kesimpulan
1. Tradinglah hanya di jam-jam yang ramai.
2. Always follow the trend! Always follow the trend!
3. Pastikan Renko Chart sudah memberikan sinyal yang sama dengan Donchian.
Gunakan Donchian untuk:
- menentukan trend
- menentukan target TP dan SL
- menentukan trend reversal
Jangan gunakan Donchian untuk OP!!!! --> awas, ini penting sekali nih...
-
Subscribe to:
Comments (Atom)









































