Forex Live Trades - March 2015 Week 4

Hi guys,

I just want to share some trades that I taken using the Rapid Result Method and Forex Strategy Master forex trading system develop by Russ Horn.

You know, there are a lot of crap forex products out there but there are some that actually works..

Bear in mind that you need to follow the rules exactly in order to see your trades winning consistently.

Some people just didn't try hard enough when trading with a system and end up saying bad things about it.

So, i just want to make a point that you can trade with a forex system that you found on the internet.

Here are some trades that I took this week...










Hope you like the videos.

There are more trades that I took but I just didn't have the heart to record all of them...

I didn't win all of my trades.

There was one losing trade out of 5 trades that i took so far.

Overall, the profit is GOOD.....

That is the most important part..  :)

Have a nice weekend ahead...

Yours sincerely,




 Check Out my other posts here- My Justinnation

3 Ways to Lose Money In Forex!!!!

We are all very clear on how the forex market can be a lucrative industry where millionaires are created every single day....

However, we must also remember that there are even more traders out there that have lost their entire life savings as well.

So today, let's look at 3 ways you can LOSE MONEY In FOREX

1. Trading Without A Clue

When you trade Forex without a CLUE, you are virtually gambling your money away.

It is better to head To Las Vegas or a casino near you.

At least you might have a good time gambling away the night instead of facing your silly computer looking at the charts which you have no idea on what is going on whatsoever.

When you have no fundamental or technical knowledge about the forex market, you are probably just guessing which direction the currency pair will go.

If it heads according to your direction, all is good.

If not, you will have a rough day.

Clueless trading has been proven to lead to bad habits in trading.

For example, over trading.


2. Trading Without Patience

This is another reason where many traders would lose money.

This usually happens when traders are too eager to enter the market instead of waiting for the perfect time to execute their trade.

Trading impatiently will cause traders to enter the price when it is too high or too low.

This decreases their chances of winning the trade.

This nornally leads to you as a trader to open moe positions and this is a huge danger if the market is going strongly against you.


3) No Proper Money Management

This is probably the number 1 reason why forex margin accounts blow up. Long time readers of the website will know that i had 3 margin calls before. OUCH!

Scenario A

A high risk of 20% per trade.

$1000 > 1 losing trade > $800 > 1 losing trade > $640 > 1 losing trade > $512

Just 3 losing trades would have wipe out almost half your margin account.

Scenario B

A proper money management approach of 2% per trade.

$1000 > 1 losing trade > $980 > 1 losing trade > $960.40 > 1 losing trade > $941.20

3 losing trades would have wipe out only 5.9% of your margin account, leaving plenty to spare for your forex journey.

It is common to lose 3 trades in a row in forex.


Hope this makes sense

 Yours sincerely,




 Check Out my other posts here- My Justinnation

Where Top Begin in Forex? Trading

Let’s begin with the markets themselves, and with fear and greed. 

We have all heard the cliches about fear and greed. 

They rule the markets. 

How many times we hear that trading Forex is risky?

So many people has burn their account in their quest to achieve their financial goals?

I know because I have blown my account too.

Not once but 3 times....

OVERCOMING FEAR AND GREED

We all have to deal with our runaway emotions at various times in life, and these

emotions really begin to run away when we trade.

Bill Williams used to say in his seminars that trading was the clearest window into your own personal psychology, clearer than any other endeavor. I think he was right.

UNDERSTANDING THE MARKETS

We give in to our fear when we don’t take the next trade because we’ve just been

through a string of losers and fear losing again. 

We give in to our fear when we put our stop loss too close and get stopped out of a trade without giving the trade enough room to develop. 

We give in to our fear when we freeze as a trade starts to lose money, and we don’t take the exit signal because we’re afraid of losing money.

We give in to our greed when we take a profit early, before the regular signal,

because we don’t want to give back any of the profits. 

We give in to our greed when we trade more contracts or shares than we normally would because we feel good about this trade.

STRATEGY TRADING: MAKING GOOD BUSINESS SENSE

For me, strategy trading is the only answer to the problem of fear and greed, and it

is the only logical way to take advantage of the concept of Market Facilitation.

First, trading a strategy provides the discipline necessary to begin overcoming fear

and greed. 

Trading a strategy that has been back tested on historical, quantifiable data is a major way to inject discipline into your trading and to begin to control your fear and greed. 

If we think of a trading strategy as a small business, we can design our business to make money based on historical simulations.

THE ADVANTAGE OF TECHNOLOGY

Anyone serious about finding a profitable strategy should use the latest technology

and the best software available. 

This means learning how to use a computer.

You have to test a set of indicators to see if they are profitable.

You need to test them through the chart history and then apply it on your live trading.

If these indicators didn’t prove to be profitable, the process had to be repeated for the next month with revised indicators. 

This process continued month after month. 

It would sometimes take me three to six months to find a strategy that would work under current market conditions.

Yours sincerely,




 Check Out my other posts here- My Justinnation

Who Participates In Forex?

In this post, I am going to cover the forex participants that is onvilve in the everyday trading of the huge Forex market.

For those of you who have this question ins your mind, stay tuned and your knowledge about Forex will surely be boosted dramatically.

So, here are the Forex Partcipants:

The Interbank

• Interbank is a loose term held over from the early days when banks tradedfor clients and themselves over the telephone. 
• Today, their  trading is conducted electronically, 
• Most of them act as market makers for the currency pairs traded on the spot currency market and offer the quotes that ultimately drive the pricing you see in your trading software.

Institutional Traders

• Institutional traders represent corporations or hedge funds trading directlyon the interbank or through retail currency dealers. 
• Most institutional traders representing corporations are involved in some kind of hedge to protect thevalue of their goods or services from exchange-related risks. 
• Institutional traders may include professional money managers looking to diversify and hedge against the risk of loss in the equities market.

Central Banks

• Central banks play an important role in guiding the forces of supply anddemand for a country’s currency on the forex market. 
• They are also tasked with controlling the money supply of a nation’scurrency, which directly affects supply and demand. 
• Low supply and high demand tend to increase the value of a nation’s currency, whereas highsupply and low demand will devalue it. 
• Balancing growth with inflation is the typical goal of central bank policies. 
• Central banks may also change their overnight lending rates as a tool against inflationary pressures. 

Retail Currency Traders

• The average retail trader doesn’t have the credit or capital required to participatedirectly with interbank trading partners. 
• Retail currency dealers act as market makers for small-volume currency traders. 
• Currency dealers manage their risk by balancing their portfolios of retail orders amongthe customers for which they are making a market.

Retail Speculators

• Retail speculators may be trading their own account or client funds through a managed account program. 
• Some speculators at the retail level may be trading for clients looking to hedge risks; however, most are looking to generate profit. 
• They are too small to trade directly on the interbank and clear their trades through one of the many retail dealers available to make a small-volume market for them. 

There you have it, all the different type of organizations or individuals that trade the Forex market..

I hope you like it.

Yours sincerely,




 Check Out my other posts here- My Justinnation

Review Of ZuluTrade

What is  ZuluTrade?

For those of you who are not familiar with it, let me tell you that it is NONE of he below:

Sure get rich forex EA

Sure get rich forex system

Sure get rich whatever

Zulutrade is a forex signal provider.

Long Term Forex Trading Strategies

In forex trading, traders can choose from various ways to trade.

Generally, we can classify the  trades into 2 types of trades

• Short term trading
• Long term trading

Today, I going to share some ideas with you about Long Term Forex Trading Strategies

How To Trade With Forex Triangle Patterns

In Forex, a triangle chart pattern is a corrective pattern where the price moves in between 2 converging trend lines.

By using these trend lines, you can identify the triangle by judging the slope.

There a 3 types of triangle pattern:

• Symmetrical
• Ascending
• Descending

Forex Indicator Predator

If you ever looked into Forex trading as a source of ncome or investment, you would probably come acrosss various method of trading.

Today, I am going to share a forex system that you can use for Scalping, Day trade or even long term trading.

This system is called:

Forex Indicator Predator

Forex Live Trades: GBPUSD +180 Pips, 10th & 11th Mar 2015

Hi guys,

here are 3 trades that I had taken on the GBPUSD Pair on 10th & 11th Mar 2015

I made or won 180 pips in total for this particular pair in that 2 days.

Here are the trades on the chart:

Buy Sell Arrow Scalper By Karl Dittmann

Forex trading can become so much easier when you have a good indicator that can guide you to profitable trades all the time consistently.

Now may be the time for traders to really experience that with the all new
Buy Sell Arrow Scalper by Karl Dittmann

This indicator is a new product released by Karl Dittman and is ia forex trading indicator that you use with the M1 and M5 time fream charts.

Therefore, it is a scalper forex trading system.

It is a half mechanical trading system where traders will need to enter the trades on their own when the signal alert pops up with a valid entry.

As a forex trader, we will decide if we should enter trade.

Here is how the system look like

The author of the system boast that this

"Scalper that is 7x more accurate and reliable
than any other trading software you've ever tried..."

To achieve these good results, there are rules that you need to follow.

Like any trading systems, you might be able to achieve good results when you follow the rules of the system but you won't be 100% winning all the time.

Here are some of the important rules of this scalper system:

Important Rule #1:
Do not use this scalping indicator on a flat market! Use the indicator ONLY at active market hours – for example London session, US session. Trend will not be noticeable on a weak market (night time, Christmas period, other holidays etc…) keep reading and I will explain everything…

Important Rule #2:
- Identify a global trend. (Remember? Trend is your friend?)
– Ignore all signals against a current GLOBAL trend!
– Try using the informer to find out how strong the current trend is.

Important Rule #3:
The next highly important rule: Do not trade and do not use the indicator on a sideways trend. This is a “MUST follow” rule.
If you DON’T follow or ignore the rules above – good results are NOT guaranteed!


Get a copy of this system here:

Download Now

Yours sincerely,




 Check Out my other posts here- My Justinnation

Forex Live Trades: EURUSD +51 pips 3rd March 2015

It has been quite a while since i posted any live trades here...

I have to admit... I am lazy to do it....



But recently, one of my friend stumbled on my blog and urged me to continue  posting...

So here are some trades I took this week.

I will try to put 1 trade per day...   :)

EURUSD: Sell @ 1.1179

Won : +51 pips

Yours sincerely,




 Check Out my other posts here- My Justinnation

What Is Renko Charts In Forex

Have you ever hear of Renko charts?

It is relatively new to me to as I  came across it in one of my forex training module.

So, i decided to to look futher into it.

Renko means brick in Japanese.

Every brick is the same size and a new brick is drawn one brick size below or above the brick before it. Bricks that are adjacent never overlap.

Every brick starts where the previous brick ends.

Traders can specify the size of bricks in pips.

Price can move above and below the previous brick until the minimum number of bricks is met. This may be a surprise for most traders who are used to a new candle being formed at a specific time.

We can see 13 bricks in a row heading up going into the Bank of England rate decision.

Once the decision is released the bricks changed in color from blue to red and there was a lower high leading to a 13 brick decline.


Here are 3 benefits that we can get from Renko Charts

- Renko harts filter out the noise of wicks and are based solely on price without time.
- Renko charts clearly indicate support and resistance.
- Can be used to confirm trends or can be traded on their own.

Yours sincerely,




 Check Out my other posts here- My Justinnation

Create Passive Income With Forex?

We all know that we should have multiple sources of income and a passive income is something that all of us would really like to have. But can we create passive income with FOREX?

In Forex, we need to trade (buy/ sell) in order to have a profit. So, does that counts as a passive income? I guess not......
But it can definitely be a method of an income source that you can generate from home.

Lets dig in more....



Forex is one huge industry that we cannot stand aside and ignore. It is a 4 trillion dollar industry and we see so many blogs and websites talking about making money from Forex everyday on the internet.

Learn Forex Trading- What Is Forex?

In this post, I would like to introduce 'What is Forex'.

To put it is simple words, we are involve in forex when we exchange currencies at the money changer. Every time you go overseas to another country, you will change your local currency to the currency of the country you are visiting.

For example, say that you are visiting Hong Kong. When you take Ringgit Malaysia and buy Hong Kong Dollars from the money changer, you are officially performing a forex trade.

The difference between 2 currencies is how we can make money in forex.

Learn Forex Trading- Why Should You Trade Forex?

There are many types of investment out there and why should you trade Forex?

Well, if you are an expert in investing, diversifying your funds or investment is definitely something that you would do right?

Maybe you already have your hands filled with stocks and properties. Why not add forex as well?

There are many reasons why you should trade forex and here are some: