Many of my friends trade based on news. This is not surprising, as news can definitely move price in a huge, huge way.
There is a lot of money that can be make, if you make the right call.
I must confess....I am not good at news trading, as I am basically a technical analysis guy.
All my backtestings were done based solely on what price had done in the past.
That said, I do take note on Interest Rate news, as well as Non-Farm Payroll announcements.....I would not want to enter my trades during these times, as the market can be quite crazy during these times.
Also, the spread can be quite big - so I see no reason why I should enter any new trades during these volatile times.
This is not to say that one cannot profit from news play - it's just that I personally do not employ this strategy in my trades.
I am basically quite content trading with just the price action at important support & resistance areas.
Hello and Welcome!
Hi! This is my online FOREX trading journal where you will see my trades, analysis, and basically just about anything else that is noteworthy from MY own perspective.
Occasionally however, I may also rant a bit, just to let off some steam - so, please bear with me whenever I'm in such mood swings!
Enjoy!
Jafli
jafliyusop@gmail.com
Occasionally however, I may also rant a bit, just to let off some steam - so, please bear with me whenever I'm in such mood swings!
Enjoy!
Jafli
jafliyusop@gmail.com
Stocks Trading Blog
I'm jumping back into stocks trading! You can see some of my stocks trades by clicking here.
Labels
- Active Trades (89)
- Break Even Stop (1)
- Break-Even Trades (16)
- General (26)
- Indicators (2)
- Losing Trades (42)
- Missed Trades (4)
- New Trades (12)
- Passed On Trades (2)
- Risk Management (3)
- Stocks Trading General Discussion (2)
- Trade Management (7)
- Trading Education (4)
- Trading Psychology (8)
- Trading Strategy Review (9)
- Watching (6)
- Winning Trades (53)
Blog Archive
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2009
(191)
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▼
June
(40)
- Quick Pips
- Plan your trade, and then trade your plan!
- Risk
- Averaging Down
- News Trading
- Less can sometimes be MORE!
- Monday Rant
- Where to, EurYen?
- Euro Yen Trade Update
- EUR.JPY New Trade
- Watching Dollars Turn To Dust
- Kiwi-Yen Intra-Day Update
- Kiwi-Yen New Trade
- Losing Your Job
- There's absolutely no need to receive margin calls...
- Leverage
- Watching Paint Dry
- FOREX Seminars & Courses
- I like you but......
- Thank you for the ride!
- Trading in a Group
- Enjoying my European train ride
- CAD.JPY Trade
- Psychology & Trading
- Using Technical Indicators in Chart Analysis
- Tales of the 3 Donkeys
- EUR.CAD Post Mortem Analysis
- May Pocket Money
- Of catching falling knives and standing in front o...
- Missed another trade...
- Kill! Kill! Kill!
- Another rant on the missed USD.JPY trade (again!)
- USD.JPY Missed Trade Analysis
- A Trade That Got Away
- EUR.CAD
- Trading Execution Conventions
- EUR GBP Trade Update
- Can I Make Money With FOREX?
- EUR GBP
- 1st Post
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▼
June
(40)
What I Read For My Trading Fix
Books/Websites That I Like
- Azizi Ali Millionaires Coach
- The Stock Trader by Tony Oz
- Trend Trading by Daryl Guppy
- Guppytraders.com
Socio-Politico Blogs
They're absolute time-wasters! Which is why I go there regularly whenever I have plenty of time to kill (like waiting for trade setups).
Here are my favorites:
Malaysia Today
Dr Mahathir
Anwar Ibrahim
Rocky's Bru
Kadir Jasin
Here are my favorites:
Malaysia Today
Dr Mahathir
Anwar Ibrahim
Rocky's Bru
Kadir Jasin
Posts
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DISCLAIMER
This blog contains forex strategies, trading methods and other info that, regardless of my own results and experience, may not produce the same results (or any results) for you. I make absolutely no guarantee, expressed or implied, that by following the content in this blog you will make any money or improve current profits, as there are several factors and
variables that come into play regarding any given business.
As with any business endeavour, you assume all risk related to investment and money based on your own discretion and at your own potential expense.
You assume all risks associated with using the info given in this blog, with a full understanding that you, solely, are responsible for anything that may occur as a result of putting this information into action in any way, and regardless of your interpretation of the information.
You further agree that I cannot be held responsible in any way for the success or failure of your business as a result of the information presented in this blog. It is your responsibility to conduct your own due diligence regarding the safe and successful operation of your business if you intend to apply any of our information in any way to your business operations.
variables that come into play regarding any given business.
As with any business endeavour, you assume all risk related to investment and money based on your own discretion and at your own potential expense.
You assume all risks associated with using the info given in this blog, with a full understanding that you, solely, are responsible for anything that may occur as a result of putting this information into action in any way, and regardless of your interpretation of the information.
You further agree that I cannot be held responsible in any way for the success or failure of your business as a result of the information presented in this blog. It is your responsibility to conduct your own due diligence regarding the safe and successful operation of your business if you intend to apply any of our information in any way to your business operations.
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