Saturday, July 31, 2010

weekly up-date

Well....after attending more forex/stock talks plus going back to class for forex, I managed to get back to winning pips. Yes, for 2 days....Thu and Fri I managed to add another 10+% to my total funding with Onada. Not bad...esp with a few trades mainly Eur/USD - long and USD/CAD - short.

For stock.....also added about 10% too to my fund with MFG when SMIC shot-up on Fri. I have 200 lots and even after suffering a loss for my holding in Noble.

4D - no luck.

For the coming week....hope that SMIC will continue to run and I think it should do continue becoz the "1.3 billion - new funding" shares should have been sold. Without this over-hang....the share price managed to run.

For forex....will go long for USD/JPY for some retracement since it was traded at 17yrs "low" on last Fri. Japan is also "cooling off" therefore shouldn't be too different from the situation in US. Understand....last Fri being end of the month and last day of the week, price maybe out of whack. I am also holding onto some losses from my present holding....USD/SGD and USD/CAD pairs, in fact for my USD/CAD I am in the black at Fri's close becoz it retraced back about 30+ pips at the close.

I shall be attending another trader's class on this coming Tue by Kinetic. I am going to do the funding on that day too for my forex account with them.

Thursday, July 29, 2010

Back to basic

Yes....starting to go back for reflesher's classes for my forex trading since I have return most of what I learned to the teachers. Went back to the Monday's afternoon one and plus attending classes by the brokers. Went to CMC Market....in Singapore Land Tower to listen to what they teach but found their platforms to be hard to use esp the charts.

I have already find using the platforms from MFG and Onada confusing at times....and
now have to learn another one is too troublesome. Btw...since I will be signing with Kinetic Securities for their forex thingy and therefore have to learn to use their platform - MT4 and a new up-date version soon MT5 for all their products eg forex, CFD, Index and etc.

Yes....will attend their training next Tuesday to learn how to use their platform for forex then for other stuffs.

Did well for my forex trading today....hope to continue the good run. Cheers!

Followers

Blog Archive

About Me

tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.