Thursday, January 31, 2008

"15 is the number" report on January 31, 2008 signal

Today we had another +42 pips :)
We broke the record...today is the fastest +42 pips ever!!

Here is the report:

The Benchmark price for USD/JPY is 106.67

January 31, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 106.06

Open LONG on USD/JPY at 106.11, SL 105.83 TP 106.53
Our TP hit at 08.07 am for +42 pips

Wednesday, January 30, 2008

"15 is the number" report on January 30, 2008 signal

Today we had +42 pips

Here is the report:

The Benchmark price for USD/JPY is 106.63

January 30, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 107.02

Open SHORT on USD/JPY at 106.99, SL 107.27 TP 106.57
Our TP hit at 2.04 pm for +42 pips

Tuesday, January 29, 2008

"15 is the number" report on January 29, 2008 signal

Today we had +42 pips

Here is the report:

The Benchmark price for USD/JPY is 106.73

January 29, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 106.85

Open SHORT on USD/JPY at 106.84, SL 107.12 TP 106.42
Our TP hit at 09.41 am for +42 pips

Monday, January 28, 2008

"15 is the number" report on January 28, 2008 signal

Today we suffered -28 pips


Here is the report:

The Benchmark price for USD/JPY is 107.09

January 28, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 106.75

Open LONG on USD/JPY at 106.74, SL 106.46 TP 107.16
Our SL hit at 10.51 am for -28 pips

Saturday, January 26, 2008

The 5 Steps to becoming a trader


I think this is a good article and encourage you to read it.

I got it from a website but it said the article was brought from forexfactory.com .

The 5 Steps to becoming a trader

Step One: Unconscious Incompetence.

This is the first step you take when starting to look into trading. you know that its a good way of making money because you’ve heard so many things about it and heard of so many millionaires. Unfortunately, just like when you first desire to drive a car you think it will be easy - after all, how hard can it be? Price either moves up or down - what’s the big secret to that then - lets get cracking!

Unfortunately, just as when you first take your place in front of a steering wheel you find very quickly that you haven’t got the first clue about what you’re trying to do. You take lots of trades and lots of risks. When you enter a trade it turns against you so you reverse and it turns again .. and again, and again.

You may have initial success, and thats even worse - cos it tells your brain that this really is simple and you start to risk more money.

You try to turn around your losses by doubling up every time you trade. Sometimes you’ll get away with it but more often than not you will come away scathed and bruised You are totally oblivious to your incompetence at trading.

This step can last for a week or two of trading but the market is usually swift and you move onth the next stage.

Step Two - Conscious Incompetence

Step two is where you realise that there is more work involved in trading and that you might actually have to work a few things out. You consciously realise that you are an incompetent trader - you don’t have the skills or the insight to turn a regular profit.

You now set about buying systems and e-books galore, read websites based everywhere from USA to the Ukraine. and begin your search for the holy grail. During this time you will be a system nomad - you will flick from method to method day by day and week by week never sticking with one long enough to actually see if it does work. Every time you come upon a new indicator you’ll be ecstatic that this is the one that will make all the difference.

You will test out automated systems on Metatrader, you’ll play with moving averages, Fibonacci lines, support & resistance, Pivots, Fractals, Divergence, DMI, ADX, and a hundred other things all in the vein hope that your ‘magic system’ starts today. You’ll be a top and bottom picker, trying to find the exact point of reversal with your indicators and you’ll find yourself chasing losing trades and even adding to them because you are so sure you are right.

You’ll go into the live chat room and see other traders making pips and you want to know why it’s not you - you’ll ask a million questions, some of which are so dumb that looking back you feel a bit silly. You’ll then reach the point where you think all the ones who are calling pips after pips are liars - they cant be making that amount because you’ve studied and you don’t make that, you know as much as they do and they must be lying. But they’re in there day after day and their account just grows whilst yours falls.

You will be like a teenager - the traders that make money will freely give you advice but you’re stubborn and think that you know best - you take no notice and overtrade your account even though everyone says you are mad to - but you know better. You’ll consider following the calls that others make but even then it wont work so you try paying for signals from someone else - they don’t work for you either.

You might even approach a ‘guru’ like Rob Booker or someone on a chat board who promises to make you into a trader(usually for a fee of course). Whether the guru is good or not you wont win because there is no replacement for screen time and you still think you know best.

This step can last ages and ages - in fact in reality talking with other traders as well as personal experience confirms that it can easily last well over a year and more nearer 3 years. This is also the step when you are most likely to give up through sheer frustration.

Around 60% of new traders die out in the first 3 months - they give up and this is good - think about it - if trading was easy we would all be millionaires. another 20% keep going for a year and then in desperation take risks guaranteed to blow their account which of course it does.

What may suprise you is that of the remaining 20% all of them will last around 3 years - and they will think they are safe in the water - but even at 3 years only a further 5-10% will continue and go on to actually make money consistently.

By the way - they are real figures, not just some ive picked out of my head - so when you get to 3 years in the game dont think its plain sailing from there.

Iv had many people argue with me about these timescales - funny enough none of them have been trading for more that 3 years - if you think you know better then ask on a board for someone who’s been trading 5 years and ask them how long it takes to become fully 100% proficient. Sure i guess there will be exceptions to the rle - but i havent met any yet.

Eventually you do begin to come out of this phase. You’ve probably committed more time and money than you ever thought you would, lost 2 or 3 loaded accounts and all but given up maybe 3 or 4 times but now its in your blood

One day - im a split second moment you will enter stage 3.

Step 3 - The Eureka Moment

Towards the end of stage two you begin to realise that it’s not the system that is making the difference. You realise that its actually possible to make money with a simple moving average and nothing else IF you can get your head and money management right You start to read books on the psychology of trading and identify with the characters portrayed in those books and finally comes the eureka moment.

The eureka moment causes a new connection to be made in your brain. You suddenly realise that neither you, nor anyone else can accurately predict what the market will do in the next ten seconds, never mind the next 20 mins.

Because of this revelation you stop taking any notice of what anyone thinks - what this news item will do, and what that event will do to the markets. You become an individual with your own method of trading

You start to work just one system that you mould to your own way of trading, you’re starting to get happy and you define your risk threshold.

You start to take every trade that your ‘edge’ shows has a good probability of winning with. When the trade turns bad you don’t get angry or even because you know in your head that as you couldn’t possibly predict it it isn’t your fault - as soon as you realise that the trade is bad you close it . The next trade or the one after it or the one after that will have higher odds of success because you know your system works.

You stop looking at trading results from a trade-to-trade perspective and start to look at weekly figures knowing that one bad trade does not a poor system make.

You have realised in an instant that the trading game is about one thing - consistency of your ‘edge’ and your discipline to take all the trades no matter what as you know the probabilities stack in your favour.

You learn about proper money management and leverage - risk of account etc etc - and this time it actually soaks in and you think back to those who advised the same thing a year ago with a smile. You weren’t ready then, but you are now. The eureka moment came the moment that you truly accepted that you cannot predict the market.

Step 4 - Conscious Competence

You are making trades whenever your system tells you to. You take losses just as easily as you take wins You now let your winners run to their conclusion fully accepting the risk and knowing that your system makes more money than it looses and when you’re on a loser you close it swiftly with little pain to your account

You are now at a point where you break even most of the time - day in day out, you will have weeks where you make 100 pips and weeks where you lose 100 pips - generally you are breaking even and not losing money. You are now conscious of the fact that you are making calls that are generally good and you are getting respect from other traders as you chat the day away. You still have to work at it and think about your trades but as this continues you begin to make more money than you lose consistently.

You’ll start the day on a 20 pip win, take a 35 pip loss and have no feelings that you’ve given those pips back because you know that it will come back again. You will now begin to make consistent pips week in and week out 25 pips one week, 50 the next and so on.

This lasts about 6 months

Step Five - Unconscious Competence

Now we’re cooking - just like driving a car, every day you get in your seat and trade - you do everything now on an unconscious level. You are running on autopilot. You start to pick the really big trades and getting 200 pips in a day doesnt make you any more excited that getting 1 pips.

You see the newbies in the forum shouting ‘go dollar go’ as if they are urging on a horse to win in the grand national and you see yourself - but many years ago now.

This is trading utopia - you have mastered your emotions and you are now a trader with a rapidly growing account.

You’re a star in the trading chat room and people listen to what you say. You recognise yourself in their questions from about two years ago. You pass on your advice but you know most of it is futile because they’re teenagers - some of them will get to where you are - some will do it fast and others will be slower - literally dozens and dozens will never get past stage two, but a few will.

Trading is no longer exciting - in fact it’s probably boring you to bits - like everything in life when you get good at it or do it for your job - it gets boring - you’re doing your job and that’s that.

Finally you grow out of the chat rooms and find a few choice people who you converse with about the markets without being influenced at all.

All the time you are honing your methods to extract the maximum profit from the market without increasing risk. Your method of trading doesnt change - it just gets better - you now have what women call ‘intuition’

You can now say with your head held high “I’m a currency trader” but to be honest you dont even bother telling anyone - it’s a job like any other.

I hope youve enjoyed reading this journey into a traders mind and that hopefully youve identified with some points in here.

Remember that only 5% will actually make it - but the reason for that isnt ability, its staying power and the ability to change your perceptions and paradigms as new information comes available.

The losers are those who wanted to ‘get rich quick’ but approached the market and within 6 months put on a pair of blinkers so they couldnt see the obvious - a kind of “this is the way i see it and thats that” scenario - refusing to assimilate new information that changes that perception.

Im happy to tell you that the reason i started trading was because of the ‘get rich quick’ mindset. Just that now i see it as ‘get rich slow’

If youre thinking about giving up i have one piece of advice for you ….

Ask yourself the question “how many years would you go to college if you knew for a fact that there was a million dollars a year job at the end of it?

Friday, January 25, 2008

"15 is the number" report on January 25, 2008 signal

Today we suffered -28 pips

the last 2 weeks were bad weeks for technical analysis, at least for our system as
we weren't able to grab any positive pips.
yes...the journey continues, more pips for our pipchest waiting.

Here is the report:

The Benchmark price for USD/JPY is 106.70

January 25, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 107.10

Open SHORT on USD/JPY at 107.09, SL 107.37 TP 106.67
Our SL hit at 12.11 pm for -28 pips

Always think positive!!

Thursday, January 24, 2008

"15 is the number" report on January 24, 2008 signal

CLOSE TRADE MANUALLY TODAY.
News on Interest rate took an effect on JPY.
Thats why GBP/JPY and USD/JPY went to different directions.

Next time the alert to take the manual close will be informed along with my signal.
Means : we still trade but we're going to close our position manually.

I close my trade for +7 pips today...

Wednesday, January 23, 2008

"15 is the number" report on January 23, 2008 signal

My good lord...we made a record again
Today is the quickest -28 ever!! :)

Dont worry, many trades waiting ahead.

Here is the report:

The Benchmark price for USD/JPY is 106.62

January 223 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 106.74

Open SHORT on USD/JPY at 106.69, SL 106.97 TP 106.27
Our SL hit at 06.43 am for -28 pips

THE QUICKEST -28 PIPS EVER!!:)

Tuesday, January 22, 2008

"15 is the number" report on January 22, 2008 signal

I believe in +42 pips :)

Here is the report:

The Benchmark price for USD/JPY is 106.06

January 22, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 105.70

Open LONG on USD/JPY at 105.72, SL 105.44 TP 106.14
Our TP hit at 08.35 am for +42 pips

THE QUICKEST +42 PIPS EVER!!:)

Monday, January 21, 2008

"15 is the number" report on January 21, 2008 signal

Journey of thousands miles begins with one step
We've taken the first step, although we missed -28 pips today.
But the journey still continues...

Here is the report:

The Benchmark price for USD/JPY is 107.21

January 21, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 106.85

Open LONG on USD/JPY at 106.85, SL 106.57 TP 107.27
Our SL hit at 01.45 pm for -28 pips

Always think positive guys :)

Thursday, January 17, 2008

No trade tomorrow

There will be no trade for tomorrow Jan 18, 2008
Lots of bad major news for our system.

Just to remind you that today is the last day for my free signal. I begin selling it.
Starting Monday I will only post the result of my signal.
For my subscribers, I have sent an e- mail regarding this situation.
I will post my e-mail here :

Dear Sir or Madam,


I plan to stop giving away my signal for free end of next week (January 18 , 2008) and start selling it. You will be the one of my first subscribers and being the first will get most benefits I can offer.

As to me, I bet you've been following my signal for several weeks now and you have seen live on the result.
Until now we have 434 pips from 35 trading days (from Nov 12 until Jan 11, minus holidays and no trade days), thats 12.4 pips per trading day on average.

Yes, it's only 12 pips per day and I cant and wont lie to you, because you know it's true, right? You might have realized that there is no such trading system that wont lose and give you constant win. If someone says otherwise, thats probably a lie.

The best thing about my signal is you dont have to sit in front of computer all day long waiting for the signal. After you place your trade at my specific given time; that will be 06.30 am Jakarta time (GMT+7), I recommend you to turn off your computer and do other things that you like and get the result 14 hours later. My signal only recommends 1 trade a day, not more. Dont risk your money several times too much.

My signal subscribers will get my signal by email and Yahoo messenger and also direct SMS to their mobile phone 30 minutes before the entry time, live support by phone, e-mail or chat and tricks to get the most profit from my system.
To set for Stop Loses and Target Profit you can check it how on my blog (and you Sirs and Madams must have got used to it since you've been a reader to my blog )

For this service you only have to pay US$150 per month or US$400 per 3 months.This offer valid until this end of January. This price is fixed forever for you (because you are my blog subscriber) I will raise this price on early February 2008.

This subscription fee is considerably insignificant comparing to what you might get from my signal. Attached I am showing you your money trade journey using my signal and money management.

The other best thing is :
You can sell again my signal to your friends or others. I dont mind at all.

If you agree, please kindly transfer to :

Bank : Bank Mandiri
KK Depok Tengah branch
Indonesia
Beneficiary's name : Azimuddin
Account number : 157-00-0011379-6
Swift Code : BEIIIDJA
Telp. : +6281398843574 or +62-21-7718676

After you make the transfer, please email me and fax the receipt to number :
+62-21-77826229 or scan and e-mail it to me to azmoethssv@yahoo.com.
If you have further question please contact me.

Thank you.
Azimuddin
Mobile :+6281398843574
Phone : +62-21-7718676
Fax : +62-21-77826229
azmoethssv@yahoo.com
Yahoo ID : azmoeth

"15 is the number" report on January 17, 2008 signal

CLOSE TRADE MANUALLY TODAY.
Lots of major bad news coming this weekend and they're not good
for our system.

I close my trade for +11 pips

"15 is the number" signal for January 17, 2008

Signal for January 17, 2008.

The Benchmark price for USD/JPY is 107.33

Wednesday, January 16, 2008

"15 is the number" report on January 16, 2008 signal

Well, there's no victory without failures
We missed -28 pips today.

Here is the report:

The Benchmark price for USD/JPY is 107.51

January 16, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 106.65

Open LONG on USD/JPY at 106.68, SL 106.40TP 107.10
Our SL hit at 10.41 am for -28 pips

See you all tomorrow...

"15 is the number" signal for January 16, 2008

Signal for January 16, 2008.

The Benchmark price for USD/JPY is 107.51

Tuesday, January 15, 2008

"15 is the number" report on January 15, 2008 signal

Wondeful day,
we earned +42 pips again today.

Here is the report:

The Benchmark price for USD/JPY is 107.85

January 15, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 108.28

Open SHORT on USD/JPY at 108.26, SL 108.54 TP 107.84
Our TP hit at 11.00 am for +42 pips

See you tomorrow!!

"15 is the number" signal for January 15, 2008

Signal for January 15, 2008.

The Benchmark price for USD/JPY is 107.85

Monday, January 14, 2008

"15 is the number" report on January 14, 2008 signal

It's time suffer:) after 4 wins in a row.
We missed -28 pips today.

Here is the report:

The Benchmark price for USD/JPY is 108.95

January 14, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 108.71

Open LONG on USD/JPY at 108.74, SL 108.46 TP 109.16
Our SL hit at 01.19 pm for -28 pips

See you all tomorrow...

"15 is the number" signal for January 14, 2008

Signal for January 14, 2008.

The Benchmark price for USD/JPY is 108.95

Sunday, January 13, 2008

"15 is the number" weekly report

Bright week we have now.
My pipchest replenished with +140 pips

Always think positive guys.
See you all next week.

Friday, January 11, 2008

"15 is the number" report on January 11, 2008 signal

Another terrific day,
we earned +42 pips again today.

Here is the report:

The Benchmark price for USD/JPY is 109.40

January 11, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 109.54

Open SHORT on USD/JPY at 109.55, SL 109.83 TP 109.13
Our TP hit at 12.41 pm for +42 pips

See you all next week

"15 is the number" signal for January 11, 2008

Signal for January 11, 2008.

The Benchmark price for USD/JPY is 109.40

Thursday, January 10, 2008

"15 is the number" report on January 10, 2008 signal

What a good day, we managed to earn +42 pips again today.

Here is the report:

The Benchmark price for USD/JPY is 109.62

January 10, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 110.05

Open SHORT on USD/JPY at 110.03, SL 110.31 TP 109.61
Our TP hit at 12.59 pm for +42 pips

See you tomorrow..

"15 is the number" signal for January 10, 2008

Signal for January 10, 2008.

The Benchmark price for USD/JPY is 109.62

Wednesday, January 9, 2008

"15 is the number" report on January 9, 2008 signal

We were able to steal +42 pips today.
Smile again:)

Here is the report:

The Benchmark price for USD/JPY is 109.19

January 9, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 108.98

Open LONG on USD/JPY at 108.98, SL 108.70 TP 109.40
Our TP hit at 12.23 pm for +42 pips

See you tomorrow..

"15 is the number" signal for January 9, 2008

Signal for January 9, 2008.

The Benchmark price for USD/JPY is 109.19

Tuesday, January 8, 2008

"15 is the number" report on January 8, 2007 signal

Put a smile on your face
We grabbed +42 pips today.

Here is the report:

The Benchmark price for USD/JPY is 109.40

January 8, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 109.22

Open LONG on USD/JPY at 109.23, SL 108.95 TP 109.65
Our TP hit at 04.04 pm for +42 pips

See you tomorrow..

"15 is the number" signal for January 8, 2008

Signal for January 8, 2008.

The Benchmark price for USD/JPY is 109.40

Monday, January 7, 2008

"15 is the number" report on January 7, 2008 signal

It's not a good start for our trade in this new 2008 year.
We suffer -28 pips today.

here is the report:

The Benchmark price for USD/JPY is 108.46

January 7, 2008

06.30 am WIB (+7 GMT) around half an hour before japan market open.
USD/JPY opened at 108.66

Open SHORT on USD/JPY at 108.65, SL 108.93 TP 108.43
Our SL hit at 08.09 am for -28 pips

Lets not grunting or do anything stupid (who would wanna do that anyway:)
Future isnt built in a day...wake up!
See you all tomorrow

"15 is the number" signal for January 7, 2008

Signal for January 7, 2008.

The Benchmark price for USD/JPY is 108.46

Thursday, January 3, 2008

Been sick for two days

Maybe it's because of the new year's party. Too much of everything..:)

Not that I forget to trade but..I hope tomorrow morning we can start trading again.
See you all...