I am in a venture ride in exploring and embracing new ideas....
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Saturday, February 24, 2007
Friday, February 23, 2007
Sunday, February 11, 2007
4 Tips To Increase Profitability
This is just for my reference easier for me to refer.
I was reading an FXstreet session transcript and wanted to post the information contained about determining trends mainly because it is similar to how I gauge what the trend is. This method applies to trading shorter time frames since it only takes into account the previous two days. What data do you need to determine the current trend?
1. Pivot Point
2. LOPS1 or the low of the previous session
3. HOPS1 or the high of the previous session
4. LOPS2 or the low of the session before the previous session
5. HOPS2 or the high of the session before the previous session
I define a session as one day. Here are the trend criteria:
Possible Uptrend with range-bound bias
* Price above pivot point
* Price below HOPS1 and HOPS2
Possible Downtrend with range-bound bias
* Price below pivot point
* Price above LOPS1 and LOPS2
Strong Uptrend
* Price above pivot point
* Price above HOPS1 but below HOPS2
Strong Downtrend
* Price below pivot point
* Price below LOPS1 but above LOPS2
Very Strong Uptrend
* Price above pivot point
* Price above both HOPS1 and HOPS2
Very Strong Downtrend
* Price below pivot point
* Price below both LOPS1 and LOPS2
The 4 Tips To Increase Profitability are:
1. Effectively Determine the Trend
2. Use Indicator Signals
3. Use Price Behavior
4. Consistency is the Key
Continue Reading...
I was reading an FXstreet session transcript and wanted to post the information contained about determining trends mainly because it is similar to how I gauge what the trend is. This method applies to trading shorter time frames since it only takes into account the previous two days. What data do you need to determine the current trend?
1. Pivot Point
2. LOPS1 or the low of the previous session
3. HOPS1 or the high of the previous session
4. LOPS2 or the low of the session before the previous session
5. HOPS2 or the high of the session before the previous session
I define a session as one day. Here are the trend criteria:
Possible Uptrend with range-bound bias
* Price above pivot point
* Price below HOPS1 and HOPS2
Possible Downtrend with range-bound bias
* Price below pivot point
* Price above LOPS1 and LOPS2
Strong Uptrend
* Price above pivot point
* Price above HOPS1 but below HOPS2
Strong Downtrend
* Price below pivot point
* Price below LOPS1 but above LOPS2
Very Strong Uptrend
* Price above pivot point
* Price above both HOPS1 and HOPS2
Very Strong Downtrend
* Price below pivot point
* Price below both LOPS1 and LOPS2
The 4 Tips To Increase Profitability are:
1. Effectively Determine the Trend
2. Use Indicator Signals
3. Use Price Behavior
4. Consistency is the Key
Monday, February 05, 2007
Why can't I remember my dreams
Two possible causes are depression or stress. To start remembering your dreams again, write in a journal, try to analyze even the smallest bits of a dream that you remember, and tell yourself before you go to bed at night that you will remember your dreams in the morning. Good luck and sleep tight.
Rule number 1: Dont forget your dreams
Rule number 2: Dont forget rule number 1
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Rule number 1: Dont forget your dreams
Rule number 2: Dont forget rule number 1
Sunday, February 04, 2007
Busted! Britney Potty
Guess what! Britney spears doesnt even know how to operate the gas pump. Might as well gimme the car...so do you really wanna be famous and glamour and people following you everywhere you go?
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Terlalu Istimewa
This sad song just touch my heart especially the kids. Such an innocent child. It is a nice song which have such a meaningfull lyrics. Enjoy...
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Thursday, February 01, 2007
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