Thursday, December 27, 2007

Intro to Short shot method

Let you know,i don't know any words that defined about my analyzing method then i'll call it
"Short shot method".But One thing that I've known,This method can help you take more benefits in Marketiva or Forex.

P.S. if you can find any explanation about my method please tell me.


Why I used this method

1.I'm just a student
I'm just a 2nd year students in University.I have to learn and meet teachers.So,I don't have a many times for take closed with a world's news.When a mourning come,I wake up and take 2-4 trends and go to University.I called this "Breakfast Period".

After launched,I come back to home and take more 2-4 trends up to how many trends of breakfast period that not close yet.and in evening,I'll take as much as possible.


Note : Marketiva give you a 10 times starts and closes in 4 Hours limit.


2."Alert Event" sometimes good and sometimes bad
When i decided to long with the trend,this event always broke my profit and gave big lost to me.Many times it occured when that trend took up or down too closed with my exit target.And after that,it opposed to each other.

3.Forex hava a close time and cost you back with lost
If you have some trend that not close before friday eventing.You'll see it have some activities again with a lost.Hence,I think it is a good idea if you close all trading before Forex market close.

Monday, December 24, 2007

The Indicator

OK,ready to start?,I'm surely you're not.Don't hurry to lost (i'm just kidding!).
Please spend a few time to do the most important thing.

The indicators will help you to make right decision, when you should sell or buy, when you should go long or short, and which trend that safe enough for invest.

Right click on the streamer and you will see the event as this picture.



Set indicators along the suggestion below
1.Moving Average
- Type : Exponential
- Period : 10
- Line Color : Red
2.Moving Average
- Type : Exponential
- Period : 50
- Line Color : blue
3.Bollinger Band
- Type : Exponential
- Period : 20
- Multiple : 2.0
- Upper Line Color : Light Green
- Lower Line Color : Dark Green
4.Parabolic SAR
- Acceleration : 0.020
- Maximum : 0.20
- Color : Brown
5.Moving Avg Conv./Divergence (MACD)
- Fast EMA Period : 12
- Slow EMA Period : 26
- MACD SMA Period : 9
- MACD Color : Blue
- Signal Color : Red
- Histrogram Color : Black
6.Relative Strength Index (RSI)
- Period : 14
- Line Color : It's up to you ,but should easy for separate with others.
7.Stochastic Slow
- FastK Period : 5
- SlowK MA Type : Exponential
- SlowK Period : 3
- SlowD MA Type : Exponential
- SlowD Period : 3
- SlowK Color : Blue
- SlowD Color : Red

When finished,your chart should look like this

The Bid Offer

before start trading, you should understand about the "Bid Offer" of each trend.Its will cost you an initial lost in "your every trading".So,if the trend does not extremely up or down.You must consider about the
"Bid Offer".If it cost you so much, you shouldn't choose it!!!.


Ex.EUR/USD : 3 (In this case,your position will start with -3)
USD/JPY : 4
GBP/USD : 5
USD/CHF : 5
USD/CAD : 5
AUD/USD : 4
NZD/USD : 4
EUR/JPY : 4
EUR/GBP : 3
EUR/CHF : 7
GBP/JPY : 9
CHF/JPY : 9
EUR/AUD : 15
EUR/CAD : 10
GBP/CHF : 15
AUD/JPY : 8
AUD/CAD :
10





Note: Don't stick it seriously. If you confident about which trend, let do it!!!

And one thing that will help you a little, the open and close time of each currencies.But I will not post it into this blog.Because I don't care.

Wednesday, December 12, 2007

Getting Start!!!

First,you need to create one account from this 3 services E-Bullion,Liberty Reserve,E-dinar and WebMoney but i'll post just two 2 services from the first.Click on the link to open an account

Why you should open an account?
-
Because if you want to deposit or withdraw funds,you must doing through that 4 services ( use for transfer a lower cost than Wire Transfer)

Second,when you finished to open an account then goto Marketiva Web site by clicking on the image belows.



Third,Download Streamter from the menu "Get Streamters" on the top bar of the "Account Center" page.When you finished all 3 steps then goto the next step,I'll guide you something that important.

Remember,You must identify yourself before deposit or withdraw funds from the Marketiva account


Monday, December 10, 2007

What about Maketiva

Maketiva is Forex trading services and all of trading is real business. When you decided to buy or sell stocks,a Forex broker will do it by your orders and Marketiva have a part in both cases of your result,Profit And Lost!!!.If you have gain a profit,they have.And if you lost,they lost too.

After opened one account with Marketiva,They will give you an initial 5$ Live Forex (This is the real cash for trading) and 10000 Virtual Forex for practice yourself before use the Live Forex.Virtual Forex will not effect with your balance (Remember you want a real cash).But it powerful with your success.
Because you can use it to test about your decision.When you have some confident let start trading with Live Forex.