My Life So Far

Saturday, July 26, 2014

Malaysia Property Bubble Burst

I came across this meaningful post during the weekend and it was well written to explained the current property investment situation in Malaysia.

Look, I am not very familiar about property investment but I am looking to purchase a home sooner or later.

That led me to some digging on the internet and this article will somewhat be helpful if you are like me who needs more information on how prices of property are affected and how is it going to be in the near future.

here is the article:

Source: Loryau.blogspot.com

Do we really have bubbles in our property market? 

Thanks a lot for supporting my blog and very sorry for the slow posting as I was busy with some other projects. I believe in the past few days you might have had some bad mood due to the bad market condition. I've no mean on spoiling your mood but I would like to share some view of mind regarding the property market which will eventually affect the property stocks.





Friday, July 25, 2014

Forex Trading Secret Part 2

This is the 2nd part of the webinar conducted by Russ Horn on the secrets of Forex trading...

In this video, Russ talks about the specifics on what a successful trader should be like...





Forex Trading Biggest Secret

If you are into Forex trading, you might be asking yourself many questions if you are yet to make genuine money from the Forex market.

The Forex market promises a lucrative career but ONLY IF you get it right...

Investing in Forex is different from trading it...

I cam across this video from one of my favorite forex mentor there is out there on the web.


Here is the video:

 



What Russ said in this video really makes a lot of sense...

Thursday, July 24, 2014

Another Great Forex Trading Advice

Forex trading requires a lot of understand.

A person who decides to trade Forex is most certainly attracted by the amount of profit that they can obtain because this market is just so huge.

However, do you ever consider the risk that it carries with it.

Here is an article by Russ Horn on how you should grow you forex trading account...



Are you ready to trade a big account? 

Every new trader can't wait to grow their accounts to professional proportions, but are they ready for that? 

Forex Trading: Live Trades July 23rd Updated

In this post, I am going to show the result of my trade taken on the 23rd July on the AUDUSD pair.

My entry can be found in this post:
http://myjustinnation.blogspot.com/2014/07/forex-trading-live-trade-23rd-july.html


So, the outcome is...


Wednesday, July 23, 2014

Forex Trading: Live Trade 23rd July

hi guys,

here is a trade that I entered today on the 23rd July....

AUDUSD - Long @ 0.9434



stay tuned for the results...

happy trading,

Yours sincerely,




 Check Out my other posts here- My Justinnation

Friday, July 18, 2014

Forex Trading: 5 Secrets For Forex Trading Success

I came across another article in the web which I think was very well written.

I feel related to it because I felt that I have experience it during my time when I started to learn about Forex...

Its about the 5 Secrets in order for someone to have Success In Forex...


Source: Traderplanet.com 

Five Secrets For Trading Success


Do you ever wonder why some people are megastars at what they do and others just try? Do you ever wonder why the rich kids get the scholarships when they could pay their own way? Why do some kids seem to be absolute winners and others not?

Forex Trading: Forex Trading Is Like Cooking...

In many ways, we can relate Forex trading to cooking.

In order to whip up a perfect dish, we need to have the right ingredients and tools as well as skills to cook the dish.

Any slip up with the ingredient will deter the taste.

The use of a wrong tool or machine while preparing the dish might spoil it.



When you think about it, this is the same in Forex trading.


Here is a short article from Russ Horn picturing Forex trading with cooking...


Think of a trading system like cooking.

Too many times I am seeing traders piling on the indicators to what started out as a simple and effective trading system.

Thursday, July 17, 2014

Forex Trading: Secret To Forex Trading

Many people are reluctant about forex because it is high risk?

Are you kidding me?

Is there any trading or investment out there that is not high risk?


Well, the thing is, there is a secret in forex trading..

Many people will tell you to start learning about Forex with a demo trading account....

But when you trade in a demo account, you aren't actually trading Forex just yet...

Yes, you are using the platform and trading according to the market conditions but strictly, you are still not trading.

This is because the biggest secret in making money in forex is to TRADE LIVE.

Only when you trade with real money, you will learn forex trading...

Here is a nice article by Russ Horn talking about trading forex live


The Secret To Making Money In Forex.

Dinner @ Acme bar & Coffee, The Troika

Its my GF birthday this coming weekend and she already has her mind set on visiting this popular place called Acme Bar & Coffee.

It is located at the Troika, just beside KLCC.

Her birthday is  a few days away but we decided to celebrate early because I will have performances during that time.

Upon arriving, you will feel a sense of class because the cafe/ restaurant is located at the Ground Floor of the Troika.

The huge doors reminds me of movies set in the historic era....
  
   
Acme Bar & Coffee

Wednesday, July 16, 2014

10 Habits Of People Who Follow Their Dreams

With the internet, it is so easy to get inspiration.

I came across this article in my Facebook and i feel related to it.

Its about 10 Habits that shows you that you are someone that follow your dreams...

I admit, I am a daydreamer but I dream with a plan of action...



So here is the article...


Source: Broccolicity.com

1. They see challenges as opportunities

Most people interpret fears as obstacles and tend to run away from them. People who live their purpose successfully have developed the capacity to see fear as a sign of what they really need to go for and put all their courage and energy into it.

2. They see life as a game.

Having this vision of life opens up space for playfulness and creativity instead of limitation. This also cultivates qualities of resilience, problem solving and confidence that helps them take risks to get to the next big place.

Forex Trading: Leverage In Forex Trading

One of the reasons many people regard Forex as one of the most powerful investment is the power of leverage that it offers.

Leverage in Forex can be your best weapon but it is a double-edge sword.

Use it well and you will rip the fortunes that it brings but mess it up and you will kiss your hard earned cash goodbye.



Therefore, it is very important to understand the basics of leverage in forex.

here is a article from Investopedia that I consider useful to help a forex trader understand how leverage works in the Forex market.

Source: Investopedia.com

Leverage in trading simply refers to the ability to increase the size of your trade or investment by using credit from a broker. When trading using leverage, you are effectively borrowing from your broker, while the funds in your account act as collateral. This collateral is referred to as margin.

Saturday, July 12, 2014

Emerging Currencies In Forex Trading

It is an article about emerging currencies that might be challenging the Forex hierarchy.



Source: Investopedia.com

In the turbulent world of foreign exchange, the seven most heavily traded currencies occupy a fairly rigid hierarchical order. But though some position shuffling does take place in the top ranks, those moves pale in comparison to the action on the next rung of the forex ladder. In recent years, a number of second-tier currencies have seen a huge increase in their share of global forex turnover, posing a challenge to the established hierarchy. While some of these seven currencies may be obvious, others are less so. Before we delve into learning more about these emerging currencies, let’s take a quick look at the colossal global forex market and the currencies that presently dominate trading in it.

Tuesday, July 8, 2014

Forex Trading: Live Trade 8th July

It has been an interesting week for me but it has nothing to do with Forex...

It is about a dance performance that I am taking part in throughout this the month of July.

I used to be a full time dancer before i change my career path like 5 years ago....

Now, i work from home doing some freelance and of course, Forex Trading...


I made a trade today when I was in the dance studio with my tablet and here is the trade I  took.


Long - NZDUSD @ 0.8762

Profit- +30 pips

Monday, July 7, 2014

Forex Trading: Live Trades July 7th - Updated

Its Monday and a start of the new week and I have a trade placed...

USDPY- Long @ 102.00


Will update the post once the trade is closed.

Update

After 1 day, the price  hit my Stop Loss of 35 pips..

So for this trade,

USDJPY- Short @ 102.00 
Loss  -35 pips




happy trading,




Yours sincerely,




 Check Out my other posts here- My Justinnation

Do you know what you are buying and selling in the forex market?

The biggest market in the financial world today is the forex market. Based on a survey did by the Bank for International Settlements, the daily volume for he forex market is $1.9 Trillion in 2004. Its now 2014 and that number is over $4 Trillion now. There is an amazing growth in Forex market due to many factors like globalization.



The forex market focuses on trades of curriencies. They are traded by large investment banks as well as indiciduals all over the world. Trades are being done over the counter and this will add to the liquidity to the market. The market runs 24 hours a day 5 days a week. You can trade all currencies as long as your brokers are providing that option. However, the main currencies are the US Dollar, Euros, British Pounds, Japanese Yen, Canadian Dollars and the Swiss Franc.

Sunday, July 6, 2014

Forex Trading- Weekly Trading Forecasts on Major Pairs- July 7 - 11, 2014

hi guys, a new week awaits and I have found new sources in the web that provides good forecast about the Forex market.

Here is the forecast for July 7- 11.

Source: thegeekknows.com



Here’s the market outlook for the week:

EURUSD
Dominant bias: Bearish  
The recent bias on this pair was bullish, but everything has now gone bearish. It is no longer sensible to seek long trades on this pair because it has failed to break the resistance line at 1.3700 to the upside. In addition, the price has dived by almost 100 pips, trading below the resistance line at 1.3650. The support line at 1.3600 is currently being tested and there is a high probability that it could easily be breached to the downside. Should this become possible, the price may go further downwards to the support line at 1.3550.  

Friday, July 4, 2014

Don't trade During Non-Farm Pay Roll

In forex trading, there is a time when you need to stay away from the market.

That particular time that I am referring to is the release of the US Non-arm Payroll report.

It is on the the 1st Friday of every month.

Sometimes, this report will have a huge impact on the market but sometimes they don't

Are you going to risk it?

Can you skip 1 day of trading.

Wednesday, July 2, 2014

Brunch @ Pickle & Fig, TTDI

Initially, we wanted to to A Pie Thing at Damansara Utama but it only opens at 4pm....

What the heck.... after finding a parking for my car and walking to the shop but to our disappointment, the shop is not ready for business..

So, we went to our 2nd choice which is Pickle & Fig @ TTDI.

4 Common Mistakes Made By Forex Traders by Russ Horn

Found this article from one of the most respected forex guru out there, Russ Horn. Therefore, i would like to share this out.

Trust me, i have made these mistakes before time and time again.... So, check it out... it may help you improve on your Forex trading


 4 Common Mistakes Made By Forex Traders


Trading can be a very counter-intuitive business, it's tough to get it right, even when you know what the rules are. Traders are always making easily preventable mistakes. Here is a list of 4 of the most common mistakes traders are making.

Tuesday, July 1, 2014

Forex Trading: Live Trade July 1st- Updated


hi fellas,

here is a quick update on the trade that I took on the USDCAD pair on the 1st of July.

Its 2nd July now and I have hit my take profit target.

To see the entry of the trade, you can check out this post: http://myjustinnation.blogspot.com/2014/07/forex-trading-live-trade-july-1st.html

Here is the outcome:


USDCAD- Long @ 1.0669  +30 pips


Forex Trading: Live Trade July 1st

hi guys,  here is one of my live trade that I place on the 1st of July 2014.


USDCAD- Short@ 1.0669