On my new blog i start posting all trading results

USD/JPY +567
GBP/USD +55
EUR/JPY +56
GBP/JPY +650
AUD/NZD +115

Total results september

+1443

Regards
Catalin

News

My New Blog

Hello all
After a long time i decide to move on my own domain name where to put all my work + more new materials
This is my new blog WWW.FORKTRADER.COM hope to see you there very soon.

Regards

Euro Usd nice move

New Median Line Ebook
Euro/Usd sems to move very nice hit red median line and this move was nice for 120 pips with risk 20 pips.
Now is a blue sliding paralel and looking for retest and possible long entry.
Let see what euro will do.

Euro Usd swings

New Median Line Ebook
New market update
I have a new chart with euro usd 4H timeframe
Trend is up and im looking for this possible swings to find a entry

Euro Usd Loss

New Median Line Ebook

Hello all
I come to make quick update on euro usd
From my last entry on market euro go down then retrace, take my stop -26 pips and triangle formation from daily trend was broke
What to expect now, i think we need some patience untill i se some clear entry.
Regards
Happy green pips

Euro Update

New Median Line Ebook


This morning i start again with drinking my coffe and looking at euro usd chart.
From what i see euro is in the same zone and triangle from daily chart still not broker.
Maybe today will se big drop on euro usd or i will take a little loss, hehehe.

Trade your plan
Dsicipline
Money Management

Good luck to all
Happy Green pips

Entry confirmation Euro Usd

New Median Line Ebook

I make this why i entry short euro usd
Chart is euro usd 1H timeframe
Thanks to be here
4x For Life

Hello all

New Median Line Ebook

I come back with update on euro usd 4 h timeframe
Euro sems to move betwen sliding paralel and Uper MLH
Trend sems to touch 3 times sliding paralel and i take a short entry for a 50 pips risk and 300 pips reward.
Let see how this works
wish to all of you green pips.
Regards

Euro Usd Gap

New Median Line Ebook

Good morning
Today im looking at euro usd daily chart and 4 h chart.
On daily we have nice triangle and in 4 h chart i draw schif median line and how you se from the chart today euro usd have a big gap.
If you read Steve Nison book or watch at his seminar you know gap act as suport and resistance, now let se if go to hit uper MLH then watch price action for entry short.

New Median Line Ebook
I miss from my blog and from some forums because i have new baby (new laptop) and i play a little bit with windows vista testing metatrader platform and working.
But im switch to windows xp because i dont need all that stuff from windows vista.
Now im back and i will start posting again on my blog, now i have faster computer and i can do it faster than with my old pentium 3 hehe.
I hope evryone is ok and lets back to business.
Have a great wekend

Gbp Update

New Median Line Ebook
So
Hello again
Today i close gbp/jpy with +200 pips and i take another entry based on schif fork and my stop loss is already at 0 pips
Now im in free ride

New Median Line Ebook
How i say yesterday i miss nice entry on euro usd and today euro go to hit median line.
But first i think we will have retracement on euro before to go more up
Regards

Gbp Jpy

New Median Line Ebook

Hello all
Today my gbp jpy was stoped at +200 pips
I will post also update for euro usd

New Median Line Ebook
By the way i take nice entry on gbp/jpy
Normaly i dont look at another curency but this was so nice and still runing
right now +300 pips and my stop is +110 pips
Let see how will go this one
Anyone have another view ?

Market update

New Median Line Ebook
Hello all
Im still here
Today i miss a nice entry on euro usd with a stop 28 pips for a reward 400 pips if will hit median line
Next time i have to be more carfull.
Anyone take this one ?

New Median Line Ebook

Hello all
I want to make a quick update on euro usd 1h timeframe
Yesterday i take a long setup on gbp jpy, normaly i dont look at another curency than euro usd but i just click around and i see great setup and i take it and im up 180 pips now...by the way euro usd dont do many thinkgs and i dont find any setup yet.
Anyone find a setup on euro usd yesterday?

This is my chart

Money Management Principles

New Median Line Ebook


Trade With Sufficient Captial

One of the worst blunders that forex traders can make is attempting to trade without sufficient capital.

The trader with limited capital not only will be a worried trader, always looking to minimize losses beyond the point of realistic trading, but he will also frequently be taken out of the trading game before he can realize any sense of success trading the method(s) or patterns.

Exercise Discipline

Discipline is probably one of the most overused words in forex trading education. However, despite the cliché, discipline continues to be the most important behaviour one can master to become a profitable trader. Discipline is the ability to plan your work and work your plan.

It’s the ability to give your trade the time to develop without hastily taking yourself out of the market simply because you are uncomfortable with risk. Discipline is also the ability to continue to trade the methods and patterns even after you’ve suffered losses. Do your best to cultivate the degree of discipline required to be a world-class trader.

Employ Risk-to-Reward Ratios

The following shows you possible risk-to reward ratios, and the win ratios required to break even in a trading system.

Risk-to-Reward Ratio (in pips)and Win Ratio Required to Break Even(%)

40/20 (2 to 1) = 67%, 40/40 (1 to1) = 50%, 40/60 (1 to 1.5) = 40%,
40/80 (1 to 2) = 33.5%,
60/20 (3 to 1) = 75%,
60/60 (1 to 1) = 50%,
60 /90 (1 to 1.5) = 40%,
60/120 (1 to 2) = 33.5%

Important Note

Never risk more pips on a trade then you plan to make. It doesn’t make sense to risk 100 pips in order to make only 10. Why? See below example.

Profit taking level (pips): 10
Stop used or pips at risk: 100

You win 10 times which makes 100 winning pips. You ONLY lose once and have to give back all profits!!!

This type of trading makes no sense and you will lose on the long term guaranteed!

Toby Smitz - Daily Operations
www.fxtsp.com

Nice sell for 180 pips

For all of you who have time to look on 15 min look at this nice entry for easy 180 pips with a stop 20 pips

Euro Update

Hello all

Yesterday i was so tired and i dont make market update
Today i transfer my uper sliding paralel and let see how works and if i have more confirmation i will look for sell

Euro Sliding paralel line

Good morning
Euro usd almost hit inside sliding paralel line
We will se what happen, i still stay away now until i have more confirmation for buy
Regards

Sliding Paraalel

Big picture on euro usd
I expect euro to go at sliding paralel then looking for confirmation to go up
Regards

Hello

Hello all
I just open my chart and i se my stop was hit -28 pips
Sometime we loss and sometime we winn.
Keep your trading pland and your risk reward.
See all of you on next one.
Regards

Euro usd short entry

Good morning
Today i was looking at euro usd on 1H 4H and 15 min timeframe and i se a nice risk reward for short position euro/usd and i risk 28 pips to get 138 pips
Let see how works this one.
Have a great day

Quick Market Update

Im back for quick market update
After i make my last post euro go down want hit my stop loss and im out with + 22 pips
Now i add blue median line and if i find a setup and i will be in front of my computer i will take it.
But now is time for sleep
Good night and green pips

Euro Usd Market update

Hello all
How i show in my last update i expecting a retracement at uper MLH median line then euro to go up at warning median line 1 ?
Now i come with market update and how i expect euro usd make a nice retracement to uper MLH line and try to go up again?
We will se what happen.
Regards
and green pips

Hello All

Hello all and i hope we will have another green week
Today eur/usd broke upper MLH line and go at first warning line 1 (WL1)

Introduction to The Psychology of Trading "IN THE ZONE"

This defeats the goal to score big when you are right. A successful trader's mindset must accept losses as a necessary and beneficial part of the trading process when handled properly.

You must have the discipline to always cut your losses or keep them small. You must resist the temptation to say to yourself "It will come back". That type of thinking has ruined many traders.

This is the main thing that will allow you to stay in the game long enough to become successful. If you have discipline and patience, the end result will pay off for you. After all, this is the greatest game in the world, and it's the fastest way to wealth!

When I'm in the zone as a trader, I am totally focused and absorbed in the moment. Time seems to expand, my mind is clear, and I know what is coming next. My indicators speak clearly to me and I obey them automatically.

And being a part of this "now" moment is what makes me, as a trader, perform at the highest level. My ego is not dreaming of riches or fretting over bills to pay - it's just along for the ride. My trading is not tied to my self-worth as a person.

You will reach your trading goals by increments - once you accomplish one goal, you celebrate that success and then set another higher goal.

Peak experiences seem to occur often in what many individuals call "the zone". "The zone" is a state of transcendental well-being, an altered sense of time, or
being on a high, a state of focused energy, a euphoric state of optimal performance, exhilarating, uplifting, with a sense of mastery and control and invincibility.

Others describe the zone as radiant happiness, laser-sharp intuition, a total absorption in the present moment, with no self-consciousness or distractions. This state of mind has been called "intrinsically rewarding" because it epitomizes the love for the game itself, and not so much the outcome. All great traders have a basic love for the game itself because the emotional rewards are so great.

The zone is a rarely achieved psychological state, but once you have been there, you will want to return to the zone again.

One of the keys as a trader is that you must spend the time necessary to make trading skills "automatic" and create winning trading habits. Preparation and
practice make for proper skill development. By making these actions automatic, the mind can be totally absorbed within the zone.

What is the key to success? Dedication. The more you practice, the better you get. And you MUST believe in yourself and your ability to succeed. Keep your thoughts and behaviors positive, and you will increase your odds of a favorable outcome in your trading.

Trading is an art form that can be developed with time and plenty of practice.

Go slow, trade with caution, obey the indicators, and only trade when you're not tired or feeling stress.


Author Resource:- Cynthia Macy
Article From Free Article Post

Euro is funny

After my stop was hit euro jump up so fast:)
This was just a quick update.
Regards

Euro Usd 595 pips

Both my target was close by stop loss and i end with +595 pips
Now patience until i have another setup.
Regards

Incredible

Hello all
Im just wake up and drinking my coffe, i know is late but last night im fell sick again
Today when im open metatrader platform im looking at euro usd and my target was missed by only one pips:)
By the way i will keep the same target untill i have more confirmation for new target.
Have a great day.
Regards

Quick Market Update

Hello all
I start to fell sick again:( but i come with new target for euro usd
My last target was missed by only 7 pips and now i have new target 1.5652
I hope to fell better to make update latter
Regards.

Euro update

Good morning all
Today im felling well and ready for watch in evry morning the market and to make update.
Im looking at my chart and i dont have much to say, euro usd move up down up down and is at the same level like last night but we see what happen today.
Regards
Green pips

Hello, Euro Usd Update

Hello all
Market update for euro usd 4h timeframe chart
Right now i espect from euro another 66 pips and my target will be hit and right now runing totaly +647 pips
We se what happen tomorrow
I hope to be able to make update in the morning if im feeling well.
Regards

Market Update

Hello all
Im just wake up and sems to fell more better
than last night.
I open metatrader platform and euro win the battle and possible target is 1.5627.
I still have all my position open and totaly +447 pips running
Let se if 1.5627 will be hit

Euro Update

Hello all
Today eur/usd go up and broke our sideway channel and come back so fast and broke blue modified schif median line and find support at red modified schif line.
I still have my position open and waithing untill my stop is hit or target will be hit.
Regards
Im not sure if tomorow i will post because im fell so sick:(

Blue Modified Schif median line

Good morning to all

Today im looking on euro usd 4 h timeframe and i se a nice test and retest on blue modified schif median line and new target is 1.5591.

Let se what happen today.

Regards

Market update

This is big picture 4H timeframe

Euro update

Good morning to all

This week propably we se another smal sideway channel then euro will go up at 1.5540?

We will se later after London open.

Have a great day.

Regards

Market Update

Hello all

I hope evryone had a good day

Today euro usd move up then make a 140 pips retracement, i still hold long my position and i will se whats goin on next week

Enjoy the wekend

Regards

EURO DOALAR

Good morning

Today i have euro usd 4 h timeframe chart and already up 177 pips from my entry and maybe today we can see a retracement before hit my target at MLH schif median line

So for now i let the market to do the rest.

Regards

Euro Usd 100 pips

Hello all

Today euro usd move very nice and my entry from 15 min chart is already 100 pips up and stop loss to breack even.

My entry from 4 hour timeframe is already 160 pips up and stop loss to breack even.

We see what market will do tomorrow.

Regards

Euro usd channel broke

Good morning all

Sorry for missing yesterday but i had som problem with my pc and now evrything ok.

I have on 4H timeframe entry on test of median line and also on 15 min another entry on test and retest MLH median line.

This was quick update

Se you later

Regards

Euro Update

Hello all
Today i dont find any entry in the market and how evryone see euro move in a channel in 15 time frame 1 hour the same and if we look on 4H time frame we have a test on modified schif median line and we can have possible entry on 4 hour timeframe at 1.5197 withs 50 pips stop loss and reward 300+ pips
I will see in the morning.

Regards
Have a great night(day)

Sideway EUR/USD

Good morning
Im looking at euro usd and moving in range
I have 15 min chart and how did you see dont go up to hit 1.5238 but from the entry if we move stop loss at SWING stop we are protected.
Tim Morge move the stop at evry swing and this can be very great strategy to protect your loss

Now i need patience untill euro will do some more swings:)

Regards

Euro Market Update

Hi all

Today euro go up and hit my stop -8 pips:) is great when you are protected by a stop loss and now euro make some nice swings on BLUE MLH median line and test and retest untill i see a entry in trend to buy.....but i dont was in front of my computer and i just want to see how is goin this one.
Euro will go at 1.5238
We will see this when i will open my platform in th morning:)

See you on coffe time
Regards amd have a great night or day....here is time to sleep.

Euro Double Top

Good morning all
Today euro usd make a double top in 15 min chart also hit red warning line 1 and entry is retest 1.5212 stop 1.5220 and target 1.5190
So i risk 8 pips for 22 pips reward
Let see how this works

Regards

Euro Usd Target Reacg 51 pips

Hello all
Euro Usd market update like evry day in my map the market blog :)
So...today was very easy trade in the morning for 51 easy pips and i can say again very easy pips.....i hope to be the same in future:) Median Line is great.
Now i hope evryone will enjoy the weekend and next week more green pips:)
Last week no losing trade and i hope to be the same next week:)

Regards
Enjoy the weekend

Euro Usd Retracement

Good morning all
Today im looking at euro usd chart and i think we have retracement exactly at warning line.
I entry buy with risk 17 pips and rewards is 51 pips......i think this risk is to high for this reward:) i will try to reduce my risk in future but first is to learn better how to use median line then evrything will be easy.
Now let see how this will go.
Regards
Happy trading and green pips

Euro Usd easy pips

Hello All
Im glad to do update on my blog evry day and evry night to show to you and to myself whats new on euro usd.
Today euro move very nice and give me great entry on 15 mint chart for a 20 pips risk and reward 60 first target and second target 128 pips. This was nice day for trading and euro dont move in range.
See all of you tomorrow with another market update.
Regards

EURO USD 28/02/08 market update

Hello all
Today i drink my coffe to late:)
I'm looking at euro usd chart and still don't see nothing, im waiting for more swings before to make any decision and now i will stay with my eyes on mister trend:)
Regards

Euro Usd target hit

Hello all
I think all of you have a great day today
Euro usd move up 157 pips today but i catch only 41 he he he, better than a loss.
in the morning when i buy eur/usd i set also my target the last high and i leave the computer until now so what i can say .... better than loss.
Now patience again.
Regards

Good Morning

Good morning all
Another day in paradise, 5:28 AM and the same like evry morning drink my coffe and look at my chart:)
Euro usd move so nice yesterday and i show a nice buy entry but i dont was in front of my computer .
Now im looking at euro usd and i take buy entry from 1.4992 with stop loss 1.4974 for a 45 pips reward.
I make this trade based on 15 min time frame
Let see how this works
Charts 1 hour and 15 min timeframe
Regards

Range breack

Hello all
Today in the morning i make euro usd update and we see mister trend moving in range.
Mr. trend try to breack the range in down direction but fail and make big up candle and broke euro usd range and finally hit 1.4919
Very nice for 60 pips gain
Now little patience for new entry
i will be back in morning

Regards

Euro market update

Good morning all
5:23 AM here drinking my coffe like in evry morning
Today i wake up earlier because i fell fresh:)
I open my chart and euro moving the same like yesterday in range and ready to broke resistance line going up, i hope to see 1.4920 but before that im waiting some confirmation for entry.
Let see who win the battle:) Bull or Bear
Regards