My Life So Far

Monday, June 30, 2014

Forex Trading: Weekly Outlook June 30th - July 4th


Here is this week's outlook on the forex market.

Source: Investing.com

Investing.com - The euro moved higher against the broadly weaker dollar on Friday as concerns over the outlook for U.S. economic growth continued to weigh, despite a report showing that U.S. consumer sentiment improved this month.
EUR/USD ended Friday’s session at 1.3649, up 0.28%. For the week, the pair added 0.43%.

The pair is likely to find support at 1.3600 and resistance at 1.3670.

The dollar remained lower after data on Friday showed that the final reading of the University of Michigan's consumer sentiment index rose to 82.5 this month from 81.9 in May, compared to expectations of 82.2.

Friday, June 27, 2014

Forex Trading: Live Trades June 24th Update

This is a post to update the results from 2 of my trades that i placed on the 24th June.

You can see the entries here at this post:
http://myjustinnation.blogspot.com/2014/06/forex-trading-live-trades-june-24th.html

Now for the result,

Trade 1:
EURUSD Long @ 1.3625- Break Even

The price went up in favor of my direction up to + 25 pips at one moment....
I then moved my stop loss to break even...
Unfortunately, the price retraced and hit my stop loss.
I(n the image below, you can see that I have entered another trade, this is a different trade)

Tuesday, June 24, 2014

Forex Trading: Live Trades June 19th Updated

I actually forgot to update the post about 2 trades that I taken in 19th June.

It was for the AUDUSD and NZDUSD.

The entry is here in this post-
http://myjustinnation.blogspot.com/2014/06/forex-trading-live-trades-june-19th.html


So here we go,


AUDUSD - Long @ 0.9405, Closed @ 0.9440, +35 pips

Forex Trading- Live Trades June 24th

Hi traders, today I have 2 entries

EURUSD Long @ 1.3625


Forex Trading- Live Trade June 23- Update

hi guys,

here is a quick update on the trade that I placed on the 23rd June.


The entry of the trade can be found in this post

http://myjustinnation.blogspot.com/2014/06/forex-trading-live-trade-june-23.html


Now for the result...

I suffered a 50 pip loss..... : (

as you can from the chart, the price went down and touch my Stop Loss @ 1.6991.


Sunday, June 22, 2014

Forex Trading- Live Trade June 23

Hi Traders, it is a brand new week and after a weekend of relax, World Cup and good food... it is the time for Business again...

It is Monday and I have entered a trade on the GBPUSD pair.

Here is the trade,

GBPUSD- Long @ 1.7044


Stay tune for the result...


happy trading,



Yours sincerely,




 Check Out my other posts here- My Justinnation

Forex Trading- Weekly Outlook for June 23rd-27th

Hi traders,
It is  brand new week and I hope that you have a good trading week ahead...

here is this week's Forex outlook

Source: Investing.com

Investing.com - The dollar inched higher against the euro on Friday, but still ended the week lower after the Federal Reserve indicated that its isn’t going to raise interest rates for a long period of time.Forex - EUR/USD weekly outlook: June 23 - 27

Euro ends week higher against softer dollar

EUR/USD dipped 0.06% to 1.3598 late Friday, but posted a weekly gain of 0.47%.
The pair is likely to find support at 1.3540 and resistance at 1.3650.

The greenback remained under pressure after the Fed gave no indication of when interest rates could start to rise at the conclusion of its two-day meeting on Wednesday. In addition, the Fed’s forecast of where interest rates might reach in the long term fell from 4% to 3.75%.

The central bank cut its bond purchases by $10 billion a month, to $35 billion, saying there was "sufficient underlying strength" in the U.S. economy to continue tapering.
Despite this, the Fed also lowered its forecast for growth this year to a range of 2.1% to 2.3% from 2.8 to 3.0% previously, due to "unexpected contractions" in the first quarter as a result of the unusually harsh winter.

The Fed acknowledged the recent increases in inflation and drop in unemployment, but Chair Janet Yellen said no formula was in place for when interest rates would start to rise.



For my trades, I have 2 trades that was from last week and I have already entered 2 new trades for this week.

Hope that the prices will hit my take profits.




Happy trading, Yours sincerely,




 Check Out my other posts here- My Justinnation

Thursday, June 19, 2014

Forex Trading: Live Trades June 19th, +31pips


Hi guys,  here is another trade that I wold like to share.

Its June 19th and amist of al the FIFA World Cup, I am still managing to trade...

Here is one of the trade that I took today.

GBPUSD- Long @ 1.6994
                  Take Profit @ 1.7025 = 31 pips

If you are following my trades, you would know that I just lose a trade with GBPUSD a day before.

I had an entry signal and I took a trade after that loss and ended up with a WIN.

Although I didn't make all the money that I loss in the previous trade back, I did manage to made some money back and this is good.


So remember, always keep on trading and Trust the system that you are using. 

Meanwhile, i have 2 more trades open and they are:

AUDUSD : Long @ 0.9405


and

NZDUSD : Long @ 0.8727

Will update the results once I close the trades...


happy trading,



Yours sincerely,




 Check Out my other posts here- My Justinnation

Forex Trading- Live Trade June 18th Updated

Bad news..... the trade that I placed ended up with a 45 pips LOSS...

You can check my entry here at this post: http://myjustinnation.blogspot.com/2014/06/forex-trading-live-trade-june-18th.html



So, i ended with a LOSS...

No problem.... 

In Forex, it is normal to lose from time to time....


Happy trading



Yours sincerely,




 Check Out my other posts here- My Justinnation

Wednesday, June 18, 2014

Forex Trading- Live Trade - June 18th

I was away for the weekend till Tuesday to accompany my GF back to her hometown as she wanted to celebrate Father's Day with ther dad.

So, I didn't even open up my charts for the past 2 days.

But noe I am back to work and its a Wednesday and here is a trade that I would like to share.

Trade: GBPUSD Sell @ 1.6944


Stay tuned for the result of the trade.


happy trading,



Yours sincerely,




 Check Out my other posts here- My Justinnation

Friday, June 13, 2014

Forex Trading - June 13th Result

Hi there, in this post, I will  post the result of my trades...

To see my entries, you can go to this post.


So here is the result,

Trade 1- Hit Take profit at 1.3572 =  30 pips



Trade 2-  Break Even  :)

Overall it was good. 30 pips profit...

Now its time to enjoy the weekend.


Happy trading,
Yours sincerely,




 Check Out my other posts here- My Justinnation

Thursday, June 12, 2014

Forex Trading: Forex Trading Live Trades- June 13th


Well I decided to share some of the trades that I make in my live account and these are 2 trades that will kick start my sharing..

Its is June 13th and I entered 2 trades.

Trade 1- EURUSD - Long @1.3542

Trade 2-  USDCHF - Short @ 0.8989


I hope that you can see the charts clearly..

As of now, I am in profit in both trades...

+24 pips for trade 1
+14 pips for trade 2

I will update the results once i have a conclusion for the trades.

happy trading.



Yours sincerely,




 Check Out my other posts here- My Justinnation

Tuesday, June 10, 2014

Forex Trading: 3 Reasons To Stop Trading


My fellow traders, we all know how profitable the forex market can be but it can also cause us a lot of damage as well.

To me, forex trading is a waiting game.

We don't have to trade everyday.

In fact, the mentality to have the need to trade everyday is one of the biggest mistakes for forex trader.

I cam across a nice article that teaches us 3 reasons when we should not trade...

Source: www.straightforwardforex.com

Reason #1 There are plenty of important fundamental announcements

Just take a look at the next screenshot:
forex news
Screenshot taken from: http://www.forexfactory.com/calendar.php
Thursday and Friday will be probably the two days with the most important news releases in the whole year!!!
You know what that means right?
A lot whipsaws, market going crazy, etc.
So I think you and me are better off doing something else…

Reason #2 Technically speaking, the market isn’t that clear

If you have been reading my posts for a while, you know that I like to trade when the probabilities are on my favor, when the market conditions are clear, when the market swings make sense, you get the point right?
Well, right now… the market conditions are not as clear as I would like them to be in order to trade them…
In fact, I think its just the opposite:
  • No clear swings
  • S&R levels are all over the place
  • Tight ranges
Why is the market like that?
Could be because of the fundamental announcements later this week, but the truth is that, no now knows, and you know what, I dont really care about the why.
The only thing I care about is that the market conditions are not ideal to trade, so I will go with that.

Reason #3 I could use a couple of days off

You know, I like to play guitar… And its been a while since the last time I played it, so these two days might be just what I was looking for.
:)
Seriously… As a trader you know that you should trade only when the odds are in your favor, when there are low risk trade opportunities… and you know what, today is not that day.
- See more at: http://www.straightforex.com/2013/11/06/3-reasons-why-im-going-to-stop-trading-right-now-and-why-you-should-too/#sthash.cxLJgsXf.dpuf


Yours sincerely,




 Check Out my other posts here- My Justinnation

Monday, June 9, 2014

Forex Trading: Forex Weekly Outlook 9th -13th June 2014

Here is a weekly outlook on the forex market by Investing.com

Source: Investing.com
Investing.com - The euro slid lower against the dollar on Friday after data showed that the U.S. economy added jobs for a fourth straight month in May, a day after the European Central Bank unveiled a package of measures to avert the threat of persistently low inflation in the euro area.

Forex - EUR/USD weekly outlook: June 9 - 13Euro slips lower against dollar after U.S. jobs report

The Department of Labor reported that the U.S. economy added 217,000 jobs last month, just under expectations for jobs growth of 218,000, while April's figure was revised to 282,000.

The unemployment rate remained steady at a five-and-a-half year low of 6.3%.
EUR/USD initially touched a two-week high of 1.3677 following the release of the data, before pulling back to 1.3642 late Friday. For the week, the pair was 0.34% higher.
The U.S. jobs report came one day after the ECB announced fresh steps to stave off low inflation in the euro zone, briefly sending the single currency to four month lows of 1.3502 against the dollar, before later erasing the day’s losses.

The ECB cut the main refinancing rate in the euro area to a record low 0.15% and imposed negative deposit rates on commercial lenders, in a bid to stimulate lending to businesses.
The bank also implemented a new Long-Term Refinancing Operation, designed to help banks lend to small companies and said it would "intensify" its preparatory work on the 'asset-backed security' market.

The ECB acted after a report on Wednesday showed that the annual rate of inflation in the euro zone slowed to 0.5% in May, well below the bank’s target of close to but just under 2%.

Yours sincerely,




 Check Out my other posts here- My Justinnation

Sunday, June 8, 2014

What Your Birth Date Shows About You?


If U were born on the 1st, 10th, 19th, 28th of any month U r number 1….
If U were born on the 2nd, 11th, 20th, 29th of any month then U r number 2…
If U were born on the 3rd, 12th, 21st, 30th of any month then U r number 3…
If U were born on the 4th, 13th, 22nd, 31st of any month then U r number 4…
If U were born on the 5th, 14th, 23rd of any month then U r number 5…
If U were born on the 6th, 15th, 24th of any month then U r number 6…
If U were born on the 7th, 16th, 25th of any month then U r number 7…
If U were born on the 8th,17th,26th of any month then U r number 8…
If U were born on the 9th,18th,27th of any month then U r number 9

Number 1

You are smart, straight talking, funny, stubborn, hardworking, honest,Jealous on competing basis, kind hearted, angry, friendly, authorities, Famous person… always want to be and regarded as first on people position, they are often like to be independent, will never be under others, self confident people!
You are most likely to fall in love in the younger age, but will get marry when you mature! You are likely to have problems with people who have opposite views
And you are most likely to take revenge over your enemies in a long time basis. You are a spender, but you will have a good profession in the future.
If you are guy you will be very popular that everybody will have mental attraction and respect at you. You can go anywhere from the local shop to the heart of the parliament because you are positive and well talented in numerous issues!! But in your life you will always have some people who will work hard to bring you & your name down. This is undercover!! Coz of your smart behavior you will be hated by some people too…
Your family life is very cool, you will have a very nice partner & wonderful children… You are pioneer, independent & original…
Your best match is 4,6,8 good match is 3,5,7 !!!


Number 2

No matter what, you will be loved by every one coz your ruler is the moon and every one loves the Moon. Well.. You are a person who day dream a lot, you have very low-self confidence, you need back up for every move in your life, you are very much unpredictable. Means you do change according to time and circumstances, kind a selfish, have a very strong sense of musical, artistic talent, verbal communication.
Your attitudes are like the Moon, comes to gloom and fade away so everybody can expect changes in you. You can be a next Mahatma Gandhi who does peace love or you can be a Hitler who wants to destroy the man kind and peace (I mean in the community and your own home).
If you really have a deep thought about your own believe in God you can feel the difference which will make you stronger! Most of the time your words are a kind of would be happening true! So without any knowledge you can predict the situation. You will become poets, writers, any Artistic business people!
You are not strong in love, so you will be there and here till you get marry.. If U r a girl you will be a responsible woman in the whole family. If U r a man you will involve in fights & arguments in the family or Vice-versa. Means you will sacrifice your life for the goodness sake of Your family…You are gentle , intuitive with a broad vision, a power behind the scenes, well balanced People!!!
Your best match is 2 ,5 ,9 no other people can put up with you !!!


Number 3

You are a person of hard hearted, selfish most of the times, religious, loves to climb up in your life. You always tend to have lots of problems within your family in the early stages but you will put up with everything.. You have the strong word power, pretty happy face.. So wherever you go always you have got what you wanted!!! And from the birth always wanted to work hard in order to achieve something.. You will not get anything without hardwork! When you reach a man/ woman age you want other younger once to listen to you because you want younger people to respect people older than them. You do set so many examples to others.
Generally you are not a cool person. It’s not easy thing dealing with you. A tough player you are! But once you like someone’s attitude then here you go, what can I say? It will be a lasting friendship. You always have respect from others.
Your life seems to have lots of worries and problems but sure they won’t be long.. you will always have brilliant kids!!! You love the money a bit too much so temptation will push you to endless trying and trying.. If you are a guy then it’s over. Looking after your family and help friends, so you will spend a life time just being generous and kind (except 21st born men). And number 3s you will
be such an example of how to be in the culture & life!!! If you are girl then you have good character and culture & hardworking attitude. You always follow.
You are a freedom lover, creative, ambition focused, a person who brings beauty , hope & joy to this world!!!
Your best match 6 ,9. Good match 1 ,3 ,5 !!!


Number 4

You are very stubborn too, very hard working but unlucky in important matters in life, very cool, helpful, you have rough word power.. Might put lots of people away from you, you may cause nuisance to others if you are a man, and you often understands others and their problems well. If you are a girl you are very good with studies and arts. If you are a guy you spend most of the time after girl friends (almost) at times, you will have sort of too much fun life with mates & girls. Your friends will spend your time & money and get away with their life and you will become empty handed and don’t know what to do… So be careful!! You love to spend anyway!!!
Your good will is you are always there to help family and friends. Tell you what you people are little gem! s, specially the girls.. You always fall in love in younger age as well. You often live with disappointments, for an example you have got a degree in some thing… but you will be unemployed.. or will do very ordinary jobs.
But you will take care of your family very well…All you need to be careful of people who will take advantage of your kind heart. And beware of your relations too..
You are radical, patient, persistent,a bit old-fashioned, you live with foundation & order…
Your best Match 1, 8. Good match 5 ,6 , 7 !!!


Number 5

You are very popular within the community, you can get things done by just chatting..to even enemies! You have a pretty good business mind, you are often have no-idea what is today is like, or tomorrow is like, you are a person who does anything when your head thinks “lets do this”. You will be famous if you open up a business, get involve in share dealings, music etc.. Very popular with sense of humor ,you are the one your friends and families will always ask for help, and you are the one actually get money on credit and help your friends. You will have more than 1 relationship, but when u get settle down you will be a bit selfish anyway. Coz your other half will have a pretty good amount of control in you, be careful! You tend to go for other relationships! Contacts even you are married at times ‘coz your popularity..
You are someone who get along with anyone coz the number 5 is the middle number.. Changes & freedom lovers you are! You are an explorer with magic on your face. You learn your life through experience and it’s your best teacher!!!
Your best match 1 ,2 ,9. Good match 6 ,8 !!!


Number 6

Ooopppss..you are born to enjoy.. You don’t care about others. I mean you are always want to enjoy your life time, you are a person.. You will be very good in either education or work wise or business management! You are talented, kind (but with only people who you think are nice), very beautiful girls and guys, popular and more than lucky with anything in your lives. All the goodness does come with you. Your mind and body is just made perfect for love.
You are lovable by any other numbers. But if you are a number 6 man, you will experience kind of looks from most girls and will involve in more than few relationships until you get married. If you are girl, most of you will get marry/engaged early. You are a caring person towards your family & friends .
If you miss the half-way mark then you are about to suffer physically and mentally. Generally you will lead a very good inner-home happiness with nothing short of. You are a person of compassion, comfort & fairness, domestic responsibility, good judgment, and after all you can heal this world wounds to make peace for every life coz you have the great power of caring talent to make this world of love one step further…
Your best match 1, 6, 9. Good match 4, 5 !!!


Number 7

You have got the attraction to anyone out there, you are realistic, very confident, happy, such a talented individual with your education, music, arts, singing, and most importantly acting too. You have real problems with bad temper! If you are a girl, you are popular with the subjects listed above.
You give up things for your parents. I mean you value your family status a lot, you will be in the top rank when you reach a certain age. If you are a guy you are popular with girls, you are a very talented too. Most of the number 7s face lots of problems with their marriage life.
Only a very few are happy. You have everything in your life, but still always number 7s have some sort of unfullfilness, such worries all their lifetime.
It’s probably the Lord given you all sort of over the standard humans talents and you are about to suffer in family life. So you need to get ready looking for a partner rather than waiting. If you don’t, then you might end-up single. So take care with this issue, ok?
You are wonderful, friendly, artistic, happy person.. You are born to contribute lots to this world!!!
Your best match is 2. Good matches are 1,4 !!!


Number 8

You are a very strong personality, there’s no one out there will understand you. You are very good at pointing your finger at some thing and say “this is what”.
You are more likely to suffer from the early ages. I mean poverty. If your times are not good you might lose either of your parent and end up looking after your entire family. You often suffer all the way in life.
The problems will not allow you to study further, but you will learn the life in a very practical way. You are the one who will fight for justice and may die in the war too. You are normally very reserved with handful of friends and most of the time live life lonely and always prepared to help others.
Well. once you get married (which is often late) then your bad lucks will go away a bit and you! u become safe. You will face un-expected problems such as :
the error, government, poisonous animals, accidents.
You are some one with great discipline, persistence, courage, strength which will take you to success. You are a great part of a family team. You are a fighter!
Your Best match 1 ,4, 8. Good match 5 !!!


Number 9

Hey…you guys are the incompatibles people in the world. You are so strong, physically and mentally… You are often have big-aims. You will work hard and hard to get there. Normally you suffer in the early age from family problems and generally you will have fighting life.. But when you achieve what you have done, it’s always a big task you have done! You are so much respected in the community, you are a person who can make a challenge and successfully finish the matter off.
You are very naughty in your younger age, often beaten up by your parents and involve in fights and you seemed to have lots of injuries in your life time. But when u grow you become calm and macho type.
Love is not an easy matter for you. You are good in engineering or banking jobs coz people always trust you.
Your family life is very good, but will have worries over your children.
Your such qualities are humanitarian, patient, very wise & compassionate.
You are born to achieve targets and serve every one all equally without any prejudice.
You are totally a role model to anybody in the world for a great inspiration.
Your Best match 3, 5, 6, 9. Good match 2


Yours sincerely,




 Check Out my other posts here- My Justinnation

Wednesday, June 4, 2014

Brunch at Mr & Ms Cafe @ Oasis Square

Its a Wednesday afternoon and we plan to head to Mr & Miss cafe at Oasis Square, Ara Damansara for our brunch.
Firstly, if you are using a GPS app like Waze to get there, beware because it led us to a housing estate.

Even Google maps displayed the wrong place.

In the end, we search for Oasis Square and found the place by luck.

Just when we are about to give up, we walk a bit and I saw the place...Phew.....



As we walked into the shop, the place was packed with office working people having their lunch.

Monday, June 2, 2014

Forex Trading: May Trading Result


Hi there fellow traders...

As promised, I am going to update the progress of my trading..

Its 3rd June now and I would like to share my May trading result.


Overall in May, my gain is 68.79%.

As of now, I still have 4 pending trades.

2 of the trades were made in May.

Didn't want to wait anymore so I decided to made the update now instead of waiting for the trades to end in either profit or loss..

All in all, it was a good month.

Can't complain on a 68.79% gain....


Happy trading,




Yours sincerely,




 Check Out my other posts here- My Justinnation

Sunday, June 1, 2014

Forex Trading: It is just a trade


Today, I would like to share something i read on the internet and it is so true when it comes to Forex Trading.

This is written by Russ Horn, a well-known trader in the forex trading community who has come up with various forex products which I myself is using.

Here is what he says:

It's just a trade. 
As a new trader, there is so much focus and determination about "getting it right" that it doesn't even occur to us that it's just a trade. 
So much focus on using the perfect indicators.
So much focus on the perfect settings.
So much focus on getting the setup just right.
So much focus on getting the next trade exactly right.
When you are learning, this only makes sense, and of course this is where the emphasis will have to be in order to get good at trading.
Over the next several years, you will be taking thousands of trades, 10s of thousands even.
With the experience that comes with the enormous number of trades, you will come to realize that there is a lot of forgiveness in your trading.
Once you have the trade management perfected and you are not driven to be proven right all the time, you will find you start making more and more money.
Being relaxed with your trades is important to succeeding.
Successful traders identify less and less with the trades they take, instead, they identify more with the ends they are working towards.
With more emphasis on the "why you are trading", trading becomes a lot simpler, a lot less stressful, and also a lot more profitable.
Work on getting the trading down so you don't have to think about it anymore is important:
Setups,
Trade Management
Exits
And once you get it, the switches from learning and becomes why you are trading... and each trade becomes "just a trade".


Russ

Yours sincerely,




 Check Out my other posts here- My Justinnation