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!



Friday, January 29, 2010

I am killed.

by Eko Prasetyo @ 8:06 PM

I shall return. More powerful! Will not give up this time!

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Thursday, January 28, 2010

3%. Nuff Said!

by Eko Prasetyo @ 8:53 PM

3% Profits gained tonight from U/J. I bailed out because it seemed unable to breach 180 EMA line. Better safe than sorry.
Also: USA has lower than expected economic indicators.....hmmm

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1.8% profits

by Eko Prasetyo @ 4:57 PM

Profits again, 1.8% :)
Three open positions now.....

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Tuesday, January 26, 2010

Screwed Up

by Eko Prasetyo @ 7:04 PM

What's up with US$ and its hype? It screwed me up badly!

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Monday, January 25, 2010

1.8% Profits

by Eko Prasetyo @ 10:32 PM

Able to sneak 1.8% profits from U/J. At least I can still have profits :)

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Sunday, January 24, 2010

New Signal Method?

by Eko Prasetyo @ 7:28 PM

I think I have found some signal method combining MACD, RSI, and EMA 180. I hope this and some feelings I have been developing can help me further...

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47.32% loss

by Eko Prasetyo @ 2:27 PM

When you have greed setting in, you see loss. When you see loss, you became panic. When you became panic, you do crazy things. When you do crazy things, you incur more losses.

47.32% losses this week due to greed, panic, and not taking the cues that my technical tricks are losing their magics. With 3 negative positions still open, I can not see good fortunes for the next week, unless God smiles at me and decide to raise up G/U and E/U 300 points each. One can only hope.

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Saturday, January 23, 2010

Violent Reversal

by Eko Prasetyo @ 4:36 AM

Saw G/U going up, only to have it sunk low violently. Now I have three US$ short positions. Stuck in a rut again. I think I need to raise new capital, keep my greed on check, and trust my feelings.

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Friday, January 22, 2010

A Suprise 3.5%!

by Eko Prasetyo @ 3:17 AM

Well, what do you know! My open U/J position has turned into profit! 3.5%! Now if only the other open positions turn into profits too!

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Thursday, January 21, 2010

Forex is....Undpredictable

by Eko Prasetyo @ 11:56 AM

It's not always technical analysis, it seems. I have been in two days without profits, and it scares me. I just lost 50% this week, and my three open positions are -300 in total. Bummer.
I have seen the pattern though: I have more luck gaining profits when the overall mood is against dollar and I will lose a lot if the reverse is trending. Better be careful next time.
Guess I'll stick to daytime job longer then :|

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Wednesday, January 20, 2010

1.8%

by Eko Prasetyo @ 4:17 AM

After cut in half, regenerating slowly seems to be a tantamount challenge, but I'll never give up again, not this time. Got 1.8% profits and will get another and another and another :)

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Tuesday, January 19, 2010

Burnt Out Again

by Eko Prasetyo @ 5:04 PM

There goes my profits for a month...goes out in smoke..puff..

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2.2% in the morning

by Eko Prasetyo @ 7:36 AM

My morning started with black out and strong wind that made me fear that my motorcycle (parked outside, bracing the elements) would be blew away.

Those, and 2.2% profits in the morning, stealing a move with G/U. I still have three open positions from last week, that could be closed with just 150 pip moves against US$. Hopefully it will come true....

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Monday, January 18, 2010

Dollar Strengthening Continues?

by Eko Prasetyo @ 8:09 AM

Another week, another trading opportunities, another week where dollar seems to be poised to strike upward. This doesn't bode well with my open positions. But I see on technical analysis that USD will go down somewhat. Hopefully it will go down ~250 pips from its current position :)

I am eyeing G/U now for short-term longs.

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Friday, January 15, 2010

Strange Dollar Boost

by Eko Prasetyo @ 9:39 AM

I do not know. I think there is a conspiracy somewhat to strengthen dollar despite America's bad data. This is scary moves by big capitalists.

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Wednesday, January 13, 2010

11% of profits! Weekly Trading Target Met!

by Eko Prasetyo @ 6:15 PM

Praise God! Just net myself an 11% profit of G/U and E/U! Those U/C and U/J positions are poised for some profits too!

And yeah, I just totally met and passed my weekly target! Woo Hoo! Isn't forex great ;) ?

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Tuesday, January 12, 2010

5% Profits

by Eko Prasetyo @ 11:45 PM

Got 5% profits today, close to midnight. That U/J position finally find some green, and my other G/U position also close to green, and that U/C too. Close to my weekly target.

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Lesson Learned: Rally Effect

by Eko Prasetyo @ 8:07 AM

I have learned a lesson today: If a friday trading ends in upward rally, then down, then upward again, there's a chance that monday Japan and Europe session continues the upward rally. Especially in a day where USD related news are none.

Beware of this effect.

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Monday, January 11, 2010

US$ on the fall?

by Eko Prasetyo @ 5:53 PM

Got 5.5% today as US$ seems to be smacked left and right by everyone. Here's hoping for more today, and hopefully that hanging U/J position can be closed sometimes this week. Tired of having that.

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Saturday, January 09, 2010

64.4% in Three Weeks

by Eko Prasetyo @ 5:29 AM

I was able to rake up 64.4% profits in three weeks of trading. Well, not bad eh? one and half more week of trading to see if I can double my capital in 31 days ;)

But those two open positions bother me.... 

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Friday, January 08, 2010

4.2%

by Eko Prasetyo @ 11:29 PM

Got 4.2% for yesterday that's gone for half an hour now but with two positions still open. I am not that stuck in a rut, after all :)

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Stuck in A Rut?

by Eko Prasetyo @ 4:36 AM

Feels like it. I made wrong calls and now stuck in a rut. Oh well, USA unemployment number will be either two for me: my savior or my executioner....

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Thursday, January 07, 2010

2.7%

by Eko Prasetyo @ 10:36 AM

Meager profit today. 2.7% only. What, it's still better than your mutual fund annual gain? Oh, that's good then :)

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Tuesday, January 05, 2010

Another 3%

by Eko Prasetyo @ 2:24 PM

I came, I saw, I seize profits! 3% from shorting U/C! I am on a roll! Come on U/J, goes down some more, will ya!


7.7% Profit!

by Eko Prasetyo @ 12:32 PM

Ignore my last post. Just got a chance to close a green position and netted a 7.7% profit! I like it, don't you?

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No Trades due to Bad Internet

by Eko Prasetyo @ 9:52 AM

Bad, bad Internet connections from both my mobile modem and my home connections. Able to see the charts, but not able to do anything afterward. See my E/U position in green, but unable to close it. Hopefully can do it later today. Hate to see profits accumulated erased by this nuissance