MY MARKETIVA JOURNEY: A FOREX TRADER'S BLOG

Follow My Journey Into The Depth of FOREX, The Most Liquid Market In The World, using Marketiva!! This is my daily updates, my ups and downs, my striving to reach that pinnacle of success many men and women dream about: Financial Freedom Through Forex!



Thursday, February 23, 2006

Another black out

by Eko Prasetyo @ 9:01 PM

Got another Internet black out, unable to close losing positions.
Damn!!


Tuesday, February 21, 2006

Loses Continued

by Eko Prasetyo @ 4:46 AM

Man, this is why forex is called the thing for the tought hearted....I kept on losing !!
Quite a different from last week glorious tradings, right?
It takes a simple internet disconnection to ruin a forex trader's week...
So, til internet connection returns to normal, and til I returned on profits, I will stop posting screenshots of my positions and concentrate of revenging my losses.
I know, I have been trading on high risk behaviour, and been suffering from the negative effects of those behaviour, but I was also in profits.
Learning both ways, I think I know more about performing high risk, high profits maneuvers.

Stay tuned.



Monday, February 20, 2006

Another huge loss

by Eko Prasetyo @ 8:06 AM

Forex trading is about gaining a lot and losing a lot more.
This is morning, and already I lost half of my capital.
Bummer.
And I thought I am talented for forex trading....


Another huge loss

by Eko Prasetyo @ 8:06 AM

Forex trading is about gaining a lot and losing a lot more.
This is morning, and already I lost half of my capital.
Bummer.
And I thought I am talented for forex trading....


Friday, February 17, 2006

Trading of February 16th, 2006

Thursday, February 16, 2006

Trading of February 15th, 2006

by Eko Prasetyo @ 4:44 AM

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I had a flu yesterday, and my internet connection was troublesome, so my trading has been tormenting. A quick decision to trust my instinct had saved my and yield me profits. I booked a total profits of US$ 15.97, or 9.29% of initial capital, 232.28% of daily target.

I think what will come next is interesting: the general consensus of indicator show a rather threatening consensus, but 1H, 4H, and 1D MACD show signs of CABLE rising up. Furthermore, Sterling has been able to resist a drop from 1.7490 in 1.7380.

My guess is, Sterling will be weakened slightly in european opening session, but will rise again in USA session.

Let us see then, shall we?



Wednesday, February 15, 2006

Trading of February 14th, 2006

by Eko Prasetyo @ 2:45 AM

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After bleeding heavily in the early hours, I finally managed to exact my revenge and posted a significant profit of US$ 24.14, or 16.3% of capital, 408.61% of target.

And finally CABLE is showing some technical retrace, able to bounce more than 70 pips from 1.7286. Will Bernancke speech later today put CABLE on another stress or will it go stronger?

Hourly MACD shows signicant support for rising up more today, while Fundamental economic outlook shows a rather supportive consensus for CABLE.

We'll see more today.

Happy Trading !!



Tuesday, February 14, 2006

Trading of January 13th, 2006

by Eko Prasetyo @ 4:26 AM

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I somehow knew that that one long position up there was going to put me into much trouble.
It did.
I have to put more funds into my live trading account so that the long position can be maintained and lost resulting from it reduced. So far there are still 2 longs and 1 short opened.

Managed to gain US$ 8.19 profit, or 8.11% of initial capital, 202.8% of daily target.

I think huge cut-losses are coming next. Man, this week is going to be a scary one.

Now, can someone please tell me, where will CABLE be moving next? My hunch is down, because of the negative CPI that will come out on 9.30 a.m GMT later today.



Saturday, February 11, 2006

Trading of February 10th, 2006

by Eko Prasetyo @ 4:39 AM

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The enemy moved with uncanny stances. Its speed suddenly arose, and his movements somehow stubbron. I had to chop left and right and used every skills and instincts that I have to emerge victorious. I decided to force myself to watch the movements of the enemy, and used it for my advantages. Every cells in me sung the same tune last night: You are The Survivor!!

And yes, I finally proved that I am The Survivor. Scored a total profit of US$ 6.18, or 12% of initial capital and 300.10% of daily target, with one open position which stayed there and taunting me to fight him. I must, and I will !!

So, for this week, I have booked a profit of US$ 38.49, or 74.71% of initial capital and 344.84% of target.
Next week will be very challenging, I can sure you. I have still have to prove my endurance and strength next week.

Happy trading, and wish me luck!!



Friday, February 10, 2006

Trading of February 9th, 2006

by Eko Prasetyo @ 3:49 AM

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Booked a total profits of Us$ 10.39, 20.17% of initial capital or 504.16% of daily target.

Phew. Another nice day. I thought I'd lost a SHORT position when CABLE rose up yesterday, but UK trade defisit saved that position smile .
But my greed made me put another LONG position, which is still open by the time I wrote this sad .

As for predictions, both my own custom 1H MACD and the standard 1H MACD shows that CABLE should rose up again. The forecast for US trade deficit has potency to surge CABLE upward with strong accelaration, but I think CABLE will go down first, because Germany Consumer Price Index forecast is somewhat bleak, and anything related to EUR can affect CABLE too.

Let's just hope everyhing runs well today



Thursday, February 09, 2006

Trading of February 8th, 2006

by Eko Prasetyo @ 4:02 AM

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Booked a profit of US$ 9.42, 9.42% of initial capital, or 456,96% of daily target

Total profit so far is 43.54% of initial capital.

Hoping for more profits now smile



Tuesday, February 07, 2006

Trading of February 2nd, 2006

by Eko Prasetyo @ 7:31 PM

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Booked a total profit US$ 7.2401, 14.05% of initial capital, or 351.37% of daily target.

Looking good so far.



Monday, February 06, 2006

Trading of February 6th, 2006

by Eko Prasetyo @ 6:35 PM

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Beginning of my serious trading trial.
Scored a 10,20% profits, 255,17% of my daily target of 4% profits.
Profit will be compounded.



Friday, February 03, 2006

4%

Wednesday, February 01, 2006

Burnt

by Eko Prasetyo @ 4:57 AM

Have been burnt twice trying to proof my theory (which is proven by being burnt out, by the way).
And finally found a foolproof trading technique. Not much profits, but steady and compoundable.
Stay tune for more.

Perhaps I will invite some of you to invest through me after a this technique (and 2 more riskier techniques) can be proven steady and profitable.

Stay tune

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