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Posted by Nelayan Forex On April - 23 - 2013

Your dedicated compact linkage page to InstaForex - the best broker in Asia!

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MM - Lot Size Calculator MT4 Script

Posted by Nelayan Forex On 5/11/2013 05:53:00 AM 0 comments

Money Management or MM.

It is so crucial in any trading transactions.

It is so important! If it need to pick up only ONE main important aspect in trading transaction - considering the other required aspects such as strategy, technique, technology capabilities, emotional status, discipline, etc have been adequately acquired - the MM might be the one that will bring the difference between profit and loss thin line!

As such, there is a high demand for traders to have a really good MM spreadsheet (at least!) to so call 'justify' the trader's decision on the lots size before placing their entries.

Alhamdulillah, there is one really good and practical MM tool which has been developed by a respected Forex guru from New Zealand. Mr Andrew Mitchem. He is a professional forex trader cum educator at The Forex Trading Coach.

His Lot Size Calculator MT4 Script can be downloaded freely, as part of his contribution to this wonderful world of forex trading.

"It really is way faster to just pull it onto the chart and calculate proper risk, even helps to remove some emotion from trading knowing that I have proper money management on every trade - 

Dermott O’Keeffe,
Limerick, Ireland."

Feel free to have it free HERE or you may pay a visit to HIS WEBSITE for details instruction and video preview (webinar) related to the application of it.


WALLAHu Aklam.

Mir!

Posted by Nelayan Forex On 5/10/2013 04:21:00 PM 0 comments

Bismillahirrahmanirrahim...

Alhamdulillah, ku panjatkan setinggi syukur ke hadrat Ilahi. Hari ini Jumaat, tanggal 10 Mei 2013 bersamaan dengan 29 Jamadil Akhir 1434H, aku menerima berita paling gembira hadiah dari ALLAH.

Masih teringat detik-detik di saat isteri tersayang memaklumkan tentang keputusan ujian kehamilan yang dilakukannya di Klinik Dr Siti. Waktu itu kami ke sana untuk mendapatkan ubat demam untuknya pagi tadi.

"Mir!," katanya sambil tersenyum manis. Aku lantas memahami maksud kata-katanya itu.


Sudah 5 minggu rupanya ada 'insan' lain di sisi kami tanpa kami sedari. Demikianlah perancangan ALLAH. SubhanALLAH...

Sesungguhnya, sejak beberapa hari yang lalu aku sedikit kecewa dengan prestasi tradingku. Kemerosotan prestasi terhambat seumpama kekecewaan demi kekecewaan Barcelona sejak kebelakangan ini. Mmm... memang aku peminat fanatik Barcelona!

Namun demikianlah takdir dan kasih-sayang ALLAH. Di saat hati begitu gundah dan lidah sentiasa memohon rezeki, Dia menganugerahiku rezeki terhebat yang paling didambakan bukan sahaja oleh seseorang yang bergelar lelaki, suami dan ayah, namun juga oleh seorang trader. Zuriat!

Alhamdulillah. Terima kasih Ya ALLAH!

Forex Scalping Extensive Guide

Posted by Nelayan Forex On 5/09/2013 05:22:00 AM 0 comments



This article is the last part of our guide on how to use scalping techniques to trade forex. If you haven't already, we recommend you read the first part of the series on forex scalping.

Not all traders will do well in scalping, but many can acquire the necessary skills for this strategy by careful practice using a step-by-step approach. As with most other activities, it is better to begin your training at the most basic level and to add upon your gains at each pace to approach perfection.

Controlling your emotions will probably be the first challenge you face as a beginning scalper. It may be difficult to adapt to the violent swings that you will have to deal with routinely, but by avoiding certain time periods, and adjusting your stop-loss order accordingly, there should never be too big a danger in scalping.

We’ll conclude this article by briefly listing the principles which must be adhered to by a committed scalper before consistent profitability is attained.

1. Discipline

Scalping is for disciplined traders. A methodical, even mechanical approach to trading currencies will increase the potential profits of any scalper, and if automation is necessary, there is no logic in delaying it. Acquiring mental discipline may require time and effort, but its beneficial in every aspect of life, and nothing will be lost as you put your trading career in order. If a trade must be closed, it must be closed. If losses need to be taken, they must be. Scalping doesn’t allow the trader much time for vacillation or worry, and whining and complaining have no place in this style. Face the realities and act in accordance: success is just around the corner.

2. Patience

Impatient, or arrogant traders don’t have a stellar future in scalping. Many people have attained great profitability in trading, but only through persistence and determination. It is even more so in scalping, where minuscule profits are expected to combine into sizable gains.

3. Calm

Scalpers need to remain calm in the face of market turmoil, especially those who want to trade directional, trending markets. Without emotional restraint, trading choices will be confused and arbitrary, and that is the least of what can be afforded by a committed scalper. Get used to losses and mistakes. Accustom yourself to mending the errors. And all should be well.

4. Regular Trade Sizes

This is always a necessity in trading, but even more so in scalping. Don’t make the mistake of doubling your trade sizes in response to a chance streak of wins. Don’t blur your vision by entering orders arbitrarily. Be disciplined, and ensure that your trades can be analyzed easily by standardizing your order sizes.

5. Concentration

Scalping can be an intense activity, and a good scalper needs to have a mind which can concentrate effectively on the task at hand for profit. If you’re scalper, make sure that the place and time period during which you’re active in the market is as peaceful and calm as possible. Have the kids sleep or play, let your spouse tend to her own duties. Ensure that you’re not distracted while scalping the forex market.

________________________________
The above article is the final part of a series written in portal: www.forextraders.com, entitled:  Extensive Guide on How to Scalp Forex.
Recommended for further reading!




Japanese Candlestick Charting is definetely one of the most common ways of charting used today. This can be attributed to the fact that throughout history, candlestick charting has provide an easy, practical and simple means of interpreting price.

READ AND DOWNLOAD DETAILS HERE

Event: PBAKL 2013 (26th April - 5th May 2013)
Venue: PWTC
Visiting: 4th May 2013 (2.00 - 6.00pm)



Saat Joran Di Genggaman....

Posted by Nelayan Forex On 5/03/2013 01:01:00 PM 0 comments

Wang buat manusia gila, ada sesetengah orang berfikir seperti itu. Ada juga yang kata, wang bukan segalanya. Wang boleh buat kita hilang saudara dan sebagainya.

Aku memikirkannya dari sudut pandangan yang berbeza. Wang buat manusia gila jika kita menyalahgunakan wang yang kita ada. Bila ada pendapatan, kita tidak berzakat. Malah terus menjadi tamak. Memang patut kita gila. Arahan Tuhan pun kita lupakan…

Demi perubahan, aku telah menyusun atur semula Traderlog ini. Seiring dengan jumlah tahun sejak mula berkecimpung dalam dunia forex pada 2006. Aku bermula dengan 'gaya trade' yang selamba ikut suka! Aku menghadiri pelbagai kursus trading dari selatan ke utara. Aku juga berguru dengan pelbagai sifu atas talian, tanpa perlu bersua muka. Sering juga membeli pelbagai buku, e-buku, robot, indicator dan sebagainya. Ada yang menjadi. Ada yang buat aku ternganga. Ada juga yang buat aku kecewa!
Mencampurgaulkan semua pengetahuan dan 'menerbitkan' beberapa teknik 'tangkapan' mengikut jenis ombak di lautan pasaran buat aku gembira kerana akhirnya aku memiliki apa yang aku punyai sendiri!

Mengujinya dalam pelbagai jenis ombak buat aku memahami satu perkara. Tiada kaedah yang mampu menghadapi semua jenis ombak. Tiba satu ketika, tali joran harus diputuskan kerana ikan mungkin terlepas dan joran pula mungkin patah. Langsung kita tak boleh mengail. Ada ketikanya juga, pukat yang hampir rabak terpaksa dihanyutkan demi menyelamatkan perahu dari karam! Moralnya, kita mesti menetapkan peratusan risiko bagi setiap trade, jika tidak, kehilangan modal adalah 100%! Sanggup? Den tak sanggup…
Susah senang menghadapi dunia forex juga memahamkan aku erti “HASBUNALLAHU WANIK'MAL WAKKIL” bermaksud, “cukup bagiku, Ya ALLAH! Engkaulah wakilku.” Inilah mata pencarianku sekarang. The one and only! Dan ALLAH lah wakil ku di dunia forex ini.

Hendak bergantung pada akalku, setajam manalah…
Hendak bergantung pada ilmuku, setinggi manalah…
Hendak bergantung pada pengalamanku, sebanyak manalah…

Justeru, untuk mudah mendokumentasikan semua atau sebahagian besar pengalaman yang dilalui dan ditempuhi, terlebih dahulu Traderlog ini ku susun atur semula untuk kesesuaian. Apa yang akan aku rakamkan? Antaranya:
i)                    Pengalaman trading
ii)                   Pemerhatian dan kajian tentang pasaran
iii)                  Komen tentang sesuatu kejadian yang telah berlaku di dalam pasaran

Harapanku, semoga ia memberi manfaat buat diriku sendiri dan teman pembaca. Jika bukan sekarang, mungkin pada masa hadapan. Jika tidak banyak, mungkin sedikit yang boleh dikongsikan.

Mmmm… Sebagaimana seriusnya kita memilih pemimpin pada PRU 13 ini, kita harus serius memilih teknik dan kesesuaian lautan pasaran sebelum memulakan trade. Apa juga yang kita pilih pada PRU 13, kita mungkin lebih bahagia dan tidak mustahil semakin derita. Sama juga dengan trade, sebaik kita open position, kita mungkin terpaksa menghadapi apa juga rintangan sehingga keuntungan diraih atau kerugian ditelan. Yang penting, kita tahu kenapa kita untung dan kita juga harus tahu kenapa kita rugi!
Akhir kalam, hidup ini kerana ALLAH. Usaha ini pun kerana ALLAH!
ALLAH yang mengizinkan perkara ini berlaku, untuk aku berada di sini sebagai seorang trader sepenuh masa. Maka, akan ku teruskan perjuangan ini selagi ada izinNYA. Moga ia menjadi sumber rezeki yang barokah dan bermanfaat. Amin Ya Rabbal Alamin…
Saat Joran di Genggaman…
Nelayan Forex
Jumaat, 3 Mei 2013
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Slow but steady! Consistency is the essence. Proven by time.
Details can be found at: www.simplepips.com.


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