Thursday, October 13, 2011

forex Profit Factor

Forex Profit Factor: 15.48 Expected Payoff: 1349.91
Absolute Drawdown: 0.00 Maximal Drawdown: (1.57%) Relative Drawdown: 1.57%

Total Trades: 165 Short Positions (won %): 97 (89.69%) Long Positions (won %): 68 (88.24%)
Profit Trades (% of total): 147 (89.09%) Loss trades (% of total): 18 (10.91%)

Maximum consecutive wins : 31 consecutive losses : 2
Maximal consecutive profit (count): (31) consecutive loss (count): (2)
Average consecutive wins: 11 consecutive losses: 1

you need proper psychology ( 100 % mental state to be able to trade( to be able to apply with discipine your method) in an uncertainty environment like the market and frustration area that you have to turn into fascination.
but you need of course a successfull method or way to trade which has a positive mathematical expectation to win .
you need pro money management suited to your method to avoid blow out scenarios and optimise your winners.

whish all lots of pips or ticks ...

A string of losses is always a negative influence, however, with good money management and position sizing, you are not hurt badly. The best way to deal with an inevitable "cluster" of losses (in my experience) is to simply take a week off from trading. If you trade the short intra-day TF's, take a day or two off. When you come back, your capital is mostly intact, the market has changed, the charts look a little different, and your mind is clear. It works.

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Wednesday, October 12, 2011

forex reasonable monthly return on investment (ROI)

forex reasonable monthly return on investment (ROI) Firstly, you do not need to use the word Sir,etc. Also you can just address me by my first name, no need to use Mr as well. I do not use a forex trading system or robot. I use Oanda's trading platform - their charting tools are advanced and very good - also use a London broker and singapore broker. My simple trading rule is if any 3 indicators (e.g. MACD Crossover, Sto RSI (combined indicator which is there in Oanda, ADX, Candlestick charting techniques, etc) give the same signal (BUY or SELL) go ahead with it - Obviously the above indicators giving same signal near support/ resistance points make the trade that much more successful...also keep in mind 100EMA and SMA (of Bollinger band) support/ resistance levels. I trade only on EUR/USD, GBP/USD and AUD/USD

Along with a positive expectation, one must manage their capital very carefully. The position size should be chosen so that the risk of loss on any single trade is known and acceptable. Also, losses must be minimized. If you are in a bad trade, get out and move on. Unlike Mr. Prakash, I always trade with stops, predetermined before the trade is put on. I salute Mr. Prakash for his 80% win rate! Sir, what kind of system do you use??

I like the practical approach that Gregory presented in the first answer. Prakash also made good points. I think it is difficult to answer this question as a good trader works within the market conditions. Some months may be better than others. One month may be conducive to trading hourly charts for longer term trades and some months might require a narrowing down to shorter time frames. All of this will affect the ROI. A trader who is making money as a career will be much like a salesman working for commission. Some months everything comes in, some months it doesn't. Many good traders win less than 50% of the time yet they make exceptionally large amounts of money when they do and they curb there losses.

Money management is crucial however and every trader needs to understand it.

Win rate in percentage does not give you information about profitability of trading.
You can win 90-95% of deals but for 1-1.5 usd, and have 5-10% of loses but for 10-20 usd, so system will be losing. It's not hard to catch good time to open trade and win it in 80-90 positions, using such simple instruments as EMA or fractals, more difficult task it's money management and reducing size of loses.

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Tuesday, October 11, 2011

As a good Forex Trader

As a good Forex Trader, what percentage of your trades do you win and what percentage do you think is a reasonable monthly return on investment (ROI)

It varies. What really matters is your "expectation" which is the product of your fraction of wins times the ratio of average profit to average loss, minus 1.00. So, let's say you are right on 50% of your trades, and the winners win 2.5x what the losers lose. Your expectation is (0.50 x 2.50) - 1.00 = 0.75. That means you earn $0.75 on every $1.00 you put at risk. If you are right only 20% of the time but your winners are 10x the dollar value of your losers, your expectation is 1.00. You gain $1,00 for every $1.00 you risk. Your expectation should be > 0. the larger the better.

As far as your monthly ROI, that varies too. Obviously, if you would do better in tax free bonds, you don't want to trade. You need to be specific. If you have a $10,000 account, trade minis, and average 100 pips a week, that's about $5,000 a year on a $10,000 investment. Not too shabby.

Trading is a business and should be analyzed, monitored, and controlled as such,

My biggest learning out of Forex trading is money management. I am able to have winning trades 80% of the time, however, when I lose, I need to control my losses. This is the key to success. I generally do not use a stop loss as part of the original order, but do monitor closely to ensure I cut off losses if there is a significant trend change against my expectation or significant resistance/ support points are broken. On the return, my experience says that Forex is a high return game unlike stocks - if u get your methodology right, you can easily make few hundred thousant dollars a year

Win and lose are very Subjective ..., there are few for whom winning means even at the spead of 10 p and there may ne few for whom winning is when they must be getting 20 P , hence that matters. It matters more when you are in Forex because one Fx Dealer will charge .25 P and ok with the same and there may be another who are getting .50 P and not happy.

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Saturday, May 14, 2011

About Forex Article on Quote Busines to Busine

business manager

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Archive



business manager

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Thursday, March 31, 2011

FOREX-Euro boosted, month-end demand






FOREX-Euro boosted by rate expectations, month-end demand






Euro zone flash inflation rises to 2.6 pct year-on-year

* Euro firms broadly as interest rates expected to rise

* Month-end demand helps euro, Irish stress test results due

(Adds comment, details, updates prices)

By Neal Armstrong

LONDON, March 31 (Reuters) - The euro rose broadly on Thursday as above-forecast euro zone inflation cemented the case for higher interest rates from the European Central Bank, though analysts cautioned against a rapid rise in the currency.

Traders said significant quarter-end and fiscal year-end flows were helping to boost the euro, at the expense of the dollar in particular.

Official euro zone estimates showed consumer prices jumped 2.6 percent year-on-year in March, up from 2.4 percent in February and more than market expectations.

They supported comments from European Central Bank policymaker Lorenzo Bini Smaghi who on Wednesday implied the central bank's policy is to gradually raise interest rates. Markets see the tightening cycle starting in April. [ID:nLDE72T1ZS]

"The euro has priced in a lot of good news so it's hard to see it moving rapidly higher, but it can definitely continue on the upside," said Raghav Subbarao, currency analyst at Barclays Capital.

"The ECB wants to show they are concerned about inflation but there are clearly other risks and they have kept the full allotment of open market operations given concerns about financial stability."

Ireland later on Thursday announces the results of stress tests that are expected to signal the effective nationalisation of the entire financial system, but few analysts were expecting a major reaction from the single currency.

"Ireland is not a big risk to the euro as there is no systemic risk thanks to the euro zone rescue fund. Confidence is being driven by the larger euro zone countries," said Manuel Oliveri, currency analyst at UBS in Zurich.

The euro rose 0.6 percent against the dollar EUR= to $1.4220, approaching its 2011 high of $1.4249. Traders cited demand from European central banks, while adding that a break of option barriers at $1.4250 would be needed for further momentum on the upside.

The single currency hit a 10-month high versus the yen EURJPY=R around 117.90 yen.

Given the market's certainty that the ECB will deliver a 25 basis point rate rise next month, analysts said the market's focus was on how far and how fast rates will continue to rise, adding that such forecasts will determine the euro's outlook. "There is nothing in the inflation figures that suggests that the ECB needs to move forward more aggressively and the euro is vulnerable to a repricing of tightening risk once next week's rate hike is out of the way, said Lena Komileva, global head of G10 strategy at BBH.

http://www.reuters.com/article/2011/03/31/markets-forex-idUSLDE72U19O20110331

Departing Berkshire Exec Wants to Start Own Firm

The high-ranking Berkshire Hathaway executive who suddenly resigned this week says he wants to start his own investment firm patterned after Warren Buffett's company.
David Sokol appeared on CNBC Thursday, one day after Buffett announced that Sokol had resigned. Many investors believed that Sokol had been the leading candidate to eventually replace Buffett as Berkshire Hathaway's CEO.
Sokol says he has been thinking of resigning for more than two years, and the time was right now because the Berkshire subsidiaries he oversaw are all in good shape.
Sokol told CNBC he wants to set up "mini Berkshire Hathaway" similar to the investment partnership Buffett set up in the 1960s.
Sokol says he likes to build companies but never aspired to be Berkshire's CEO.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

http://abcnews.go.com/Business/wireStory?id=13263566

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Tuesday, March 29, 2011

Earnings Temper Goldman Sachs Cutting Japan

trading usdjpy

Mitsubishi UFJ Financial Group Inc., Japan’s largest bank by market value, led declines among the nation’s biggest lenders after Goldman Sachs Group Inc. cut its forecast for the country’s economic growth. Anhui Conch Cement Co., China’s biggest cement maker, and Brilliance China Automotive Holdings Ltd. (1114), the Chinese partner of Bayerische Motoren Werke AG, climbed more than 5 percent after posting full-year earnings that beat estimates.

The MSCI Asia Pacific Index was unchanged at 133.61 as of 2:11 p.m. in Tokyo, having declined as much as 0.9 percent earlier. About the same number of stocks advanced as declined in the index. The gauge had its biggest weekly gain since November last week as Japan moved to stabilize nuclear reactors damaged by a March 11 earthquake and as companies from Cnooc Ltd. to Bank of China Ltd.’s earnings surpassed estimates.

“The issue of radioactive contamination from the nuclear- power plant just doesn’t seem to settle down,” said Yasushi Noguchi, a strategist in Tokyo at SMBC Friend Securities Co. “Even though there are expectations that there will be huge demand for reconstruction following the earthquake disaster, the radioactive pollution could delay the recovery.”

Japan’s Nikkei 225 (NKY) Stock Average swung between gains and losses after Goldman Sachs lowered its growth forecast for Japan’s gross domestic product this year to 0.7 percent from 1.3 percent previously in the aftermath of power cuts and damage from the March 11 earthquake.

China’s Shanghai Composite Index gained 0.2 percent, while Hong Kong’s Hang Seng Index rose 0.1 percent. Australia’s S&P/ASX 200 Index climbed 0.5 percent, while New Zealand’s NZX 50 Index increased 0.4 percent.

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Monday, March 28, 2011

2012ers take aim at Obama's Libya speech

trading usdjpy

p0rkch0p10‎ RT @latimestot: Obama Libya Speech RT @HeyTammyBruce Glurb blah blah Me change furp Me Me pie revolution slurp Americans blah Me!
Twitter

Rachhope‎ What do you think about President Obama's speech on Libya??
Twitter

Republican presidential hopefuls wasted no time in lambasting President Barack Obama's national address on Libya Monday night, taking to the airwaves to accuse him of failing to exercise American leadership or articulate a clear mission and end-game in the north African country.

Sarah Palin professed herself "profoundly disappointed" in the "dodgy and dubious" speech. John Bolton called it "pathetic." Rudy Giuliani said it only make things "murkier." Donald Trump, the ultimate presidential tease, gave Obama credit for "trying hard" — before claiming the president is "a little bit afraid of Congress, frankly. He doesn't want to go in too strongly because they'll say that he broke his constitutional law."

Taken together, the comments by them and other potential Obama opponents were just the latest example of what's been almost lockstep and fierce opposition to the president's Libya strategy. At various times, Republicans have accused him of waiting too long to intervene, intervening too cautiously, failing to explicitly state that removal of Libyan leader Muammar Qadhafi is a must, and ceding American leadership to other countries on the global stage.

"He did not articulate really what our purpose was except some inconsistent humanitarian effort there," Palin said on Fox News shortly after Obama's speech. "He did not make the case for this intervention."

Bolton, one of Obama's fiercest and most consistent foreign policy critics, was particularly harsh "The speech was a dog's breakfast as far as I was concerned," he said on Fox News. "It wasn't much that was new and what was new was trivial. ... I thought it was pathetic."

Giuliani professed himself less than impressed.

"The president's speech tonight has made things even murkier than they were before," he said on CNN. "The whole purpose of this was to clarify our mission. Our mission is just internally contradictory."

And Trump voiced concerns about the rebels being aided by the allied airstrikes, raising the specter that they could have dangerous backers, but without offering any evidence.

"I really do want to know these people we're fighting for, who they are," he said on CNN. "They call them the rebels like they're these wonderful guys, but i hear they're aligned with Iran, I hear they may be aligned with Al Qaeda. ... And to be honest, wouldn't that be really very very sad if we're bombing all of these things killing all of these people one way or the other and Iran ends up taking over Libya."

Moments before the president's speech, Tim Pawlenty reiterated his contention that a no-fly zone should have been enforced much sooner.

"They could have pushed him out without much fanfare, I think, without much difficulty," Pawlenty said on CNBC. "They were indecisive and it lacked leadership in that moment."

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Monday, March 21, 2011

US STOCKS-AT&T Wall Street

AT&T Inc's offer for Deutsche Telekom AG's T-Mobile USA,sparked a rally in European telecom shares

The market volatility index .VIX fell 16.2 percent, its biggest daily percentage drop since May, and was trading below its 14- and 200-day moving averages for the first time since the earthquake in Japan.

Advancing stocks outnumbered declining ones on the NYSE by 2,458 to 546, while on the Nasdaq, advancers beat decliners 2,048 to 574.

Buyers emerged on Monday in US stocks, enticed by the biggest proposed merger of the year, though crises in Japan, the Middle East and North Africa meant market volatility would continue. Wall Street stocks rose on Monday, as a $39 billion telecom deal overcame concerns about a surge in oil prices resulting from continuing Western military action in Libya and unrest in the Middle East.

Multiple notable acquisitions, including AT&T's $39 billion deal to buy T-Mobile, fueled broad gains for Wall Street. The Dow Jones Industrial Average was up 178 points, or 1.5%, to 12037, the S&P 500 climbed 19.2 points, or 1.5%, ...
US Stocks Close Higher For 3rd Straight Session, Aided By Dea




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effect of japanese tsunami on forex



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Topix Insurance Sub-index -12% Another Tsunami seen hitting Jpn. They won't do yen intervention on same day as huge MMOps

Forex Robot That Is Capable Of Doubling Your Money
Awkward moment when a bunch of Japanese kids run past a window and someone yells "Tsunami, where?" totally wrong time for foreign exchange

Big levels approach again for AUD/USD and EUR/JPY: There was talk last week of exceedingly heavy stop-loss ... h ...
  1. ashleygreysonna‎ RT @jointheJoes: Forex Daily Market Commentary: Japan hit by strong earthquakes and tsunamis bit.ly/icBFEX
    Twitter - 11 Mar 2011
  2. ekapupit‎ RT @isabelleboucher: Tsunami may aid revive global metal; stress forex: FII view: The northern coast of Japan was slammed by a massiv...
    Twitter - 11 Mar 2011
  3. octomozzJAPAN TSUNAMI.. Forex banyak yg UNTUNG gila2an.. !!
    Twitter - 11 Mar 2011
Forex Prediction

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Sunday, March 20, 2011

[Forex News] China's Growth Prospects in the Wake of the Japan Crisis

trading chfusd trading audusd trading usdjpy trading gbpusd trading uerusd
Report: Sentiments Stabilized as Japan Nuclear Crisis Eased: Sentiments stabil...
Daily Report: Sentiments Stabilized as Japan Nuclear Crisis Eased ...‎ -


Latest Forex Blog News: What's Going on with the Japanese Yen? The Japanese Yen has been gaining strength agains... Latest Forex Blog News Forex Online‎ -

DTN Japan: Aussie & NZD extend gains, resilient to Libya crisis: MARKETS-AUSTRALIA/FOREX:Aussie & NZD extend ga... Aussie & NZD extend gains, resilient to Libya crisis - Yahoo!7 Finance‎ -


Latest Forex update: Morning Forex Commentary: Forex Euro (1.4178) is trading strong, but is now close to an important resistance at 1.4200-50 region. USDJPY (80.90) has bounced back from a low near 80.50. Japanese markets are closed today for Vernal Equinox. The Aussie (1.0004) has recovered alongside the rise in the USDJPY. The Pound (1.6217) has also recovered well from last week's low of 1.5969. Friday's high...
Camera Production Hit by Japanese Earthquake: Nikon has closed their FX body and lens plants with no word on whe... bit.ly/e984Km
G-7 Pledges Rare Joint FX Intervention As Crisis-Stricken Japan Sells Yen: UPDATE: G-7 Pledges Rare Joint FX Intervention As Crisis-Stricken ...

MAREX FX - Morning Espresso: The week began extremely quietly in Asia with Japan out of the market due to a nati... MAREX FX - Morning Espresso > FX Trading | Forex Trading | Forex ...‎ -
Forex Update: China’s Growth Prospects in the Wake of the Japan Crisis: It was only last year that China surpassed Japan as the second largest economy in the world. Many investors are wondering what China’s growth prospects will be now, on the back of the Japanese crisis. Some analysts are predicting that in the short to medium term, demand could drop considerably, [...]



Forex Prediction

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Thursday, March 17, 2011

trade king capital market

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CisionWire‎ Opera Software ASA - Invitation to Opera Software's Capital Markets Day 2011
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  • kc0mmy‎ ... stocks, bonds, et cetera. Do you suppose we'll regress back to trading livestock, spices and metals again?
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  • SEXYGOLDIE‎ Yen surges to all-time high in chaotic trade
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  • Forex Prediction

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    Tuesday, March 15, 2011

    hot USD JPY trading

    trading chfusd trading audusd trading usdjpy trading gbpusd trading uerusd
    1. greenfxreport‎ Bought 0.36 Lots USDJPY 80.76 SL 80.1 TP 81.2 at InstaForex
      Twitter - 36 seconds ago
    2. greenfxreport‎ Bought 0.22 Lots USDJPY 80.75 SL 80.1 TP 81.2 at InstaForex
      Twitter - 38 seconds ago
    3. eurexchange‎ 3/15/2011 4:07pm EST - 1 EUR= 1.3996 USD, 0.8705 GBP, 1.2833 CHF, 1.3769 CAD, 1.4119 AUD, 1.9103 NZD, 9.2069 CNY, 113.033 JPY, 1.7922 SGD
      Twitter - 1 minute ago
    4. usdexchange‎ 3/15/2011 4:07pm EST - 1 USD= 0.7145 EUR, 0.6219 GBP, 0.9169 CHF, 0.9839 CAD, 1.0087 AUD, 1.3648 NZD, 6.578 CNY, 80.755 JPY, 1.2804 SGD
      Twitter - 1 minute ago
    5. prettypips‎ Investors seek safety in CHF and JPY.: EUR/USD Despite trading lower for much of the session on the back of risk...
      Investors seek safety in CHF and JPY.‎ - fxstreet.com
      Twitter - 4 minutes ago
    6. StockTrkr‎ Forex: Investors seek safety in CHF and JPY.: EUR/USD Despite trading lower for much of the...
      Investors seek safety in CHF and JPY.‎ - fxstreet.com
      Twitter - 4 minutes ago
    7. mrdskfx‎ Closed Sell 0.02 Lots USDJPY 81.043 for +26.9 pips, total for today +244.1 pips
      Twitter - 6 minutes ago
    8. mrdskfx‎ Closed Sell 0.02 Lots USDJPY 81.019 for +24.5 pips, total for today +217.2 pips
      Twitter - 6 minutes ago
    9. st_fx_robots‎ Bought USDJPY 80.78 by HAWK ... on #fx
      システムトレーダーの広場 :: HAWK‎ - system-trader.jp
      HAWK System | Myfxbook‎ - myfxbook.com
      Twitter - 10 minutes ago
    10. Eforex Malaysia‎ ...: USD/JPY Sell at 80,90 / / Visit ... for details /signals/2011/03/15/1857-usdjpy.php
      bub's‎ - bub.my
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      Facebook - 15 minutes ago

    currencybiz‎ USD/JPY = 80.6452, JPY/USD = 0.012400 #USD #JPY #fx #forex Try ... a quick and easy currency calculator.
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    Twitter - 2 minutes ago

  • st_fx_robots‎ Bought USDJPY 80.76 by FALCON ... on #fx
    FALCON System | Myfxbook‎ - myfxbook.com
    システムトレーダーの広場 :: FALCON‎ - system-trader.jp
    Twitter - 3 minutes ago

  • SecretFX‎ Investors seek safety in CHF and JPY.: EUR/USD Despite trading lower for much of the session on the back of risk...
    Investors seek safety in CHF and JPY.‎ - fxstreet.com
    Twitter - 4 minutes ago
    Forex Prediction

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