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July 2015 - RM20 per day, RM140 per week, RM560.00 per month, RM3360.00 by year end 2015. RM3360.00 PS4 - RM1680.00 plus games. USD500 top up for UMOFX account - RM1680.00

Rules to remind myself

1. No overtrading 2. Monitor the MM to remain above 1000. 3. No layer, no breakout strategy. 4. Size based on the the equity, not balance. Starting base Phase 1 10-100usd - size 0.01. target pips 100 = 1.00 per day. 5.00 per week. 20.00 per month. 100 - 200 usd - size 0.02 target pips 100 = 2.00 per day, 10.00 per week. 40.00 per month 200 - 300 usd - size 0.03 target pips 100 = 3.00 per day, 15.00 per week. 60.00 per month 300 - 400 usd - size 0.04 target pips 100 = 4.00 per day, 20.00 per week. 80.00 per month 400 - 500 usd - size 0.05 target pips 100 = 5.00 per day, 25.00 per week. 100.00 per month 500 - 600 usd - size 0.06 target pips 100 = 6.00 per day, 30.00 per week, 120.00 per month 600 - 700 usd - size 0.07 target pips 100 = 7.00 per day, 35.00 per week, 140.00 per month 700 - 800 usd - size 0.08 target pips 100 = 8.00 per day, 40.00 per week, 160.00 per month. 800 - 900 usd - size 0.09 target pips 100 = 9.00 per day, 45.00 per week, 180.00 per month 900 - 1000usd- size 0.10 target pips 100 = 10.00 per day, 50.00 per week, 200.00 per month. Phase 2 1000 - 2000 usd - size 0.20 target pips 100 = 20.00 per day, 100.00 per week, 400.00 per month 2000 - 3000 usd - size 0.30 target pips 100 = 30.00 per day, 150.00 per week, 600.00 per month 3000 - 4000 usd - size 0.40 target pips 100 = 40.00 per day, 200.00 per week, 800.00 per month 4000 - 5000 usd - size 0.50 target pips 100 = 50.00 per day, 250.00 per week, 1000.00 per month 5000 - 6000 usd - size 0.60 target pips 100 = 60.00 per day, 300.00 per week, 1200.00 per month 6000 - 7000 usd - size 0.70 target pips 100 = 70.00 per day, 350.00 per week, 1400.00 per month 7000 - 8000 usd - size 0.80 target pips 100 = 80.00 per day, 400.00 per week, 1600.00 per month 8000 - 9000 usd - size 0.90 target pips 100 = 90.00 per day, 450.00 per week, 1800.00 per month 9000 - 10000usd - size 1.00 target pips 100 = 100.00 per day, 500.00 per week, 2000.00 per month Phase 3 10000 - 20000 usd - size 2.00 target pips 100 = 200.00 per day, 1000.00 per week, 4000.00 per month 20000 - 30000 usd - size 3.00 target pips 100 = 300.00 per day, 1500.00 per week, 6000.00 per month 30000 - 40000 usd - size 4.00 target pips 100 = 400.00 per day, 2000.00 per week, 8000.00 per month 40000 - 50000 usd - size 5.00 target pips 100 = 500.00 per day, 2500.00 per week, 10000.00 per month 50000 - 60000 usd - size 6.00 target pips 100 = 600.00 per day, 3000.00 per week, 12000.00 per month 60000 - 70000 usd - size 7.00 target pips 100 = 700.00 per day, 3500.00 per week, 14000.00 per month 70000 - 80000 usd - size 8.00 target pips 100 = 800.00 per day, 4000.00 per week, 16000.00 per month 80000 - 90000 usd - size 9.00 target pips 100 = 900.00 per day, 4500.00 per week, 18000.00 per month 90000 - 100000usd - size 10.00 target pips 100 = 1000.00 per day, 5000.00 per week, 200000.00 per month. Phase 4 100000 - 200000 usd - size 20.00 target pips 100 = 2000.00 per day, 10000.00 per week, 40000.00 per month 200000 - 300000 usd - size 30.00 target pips 100 = 3000.00 per day, 15000.00 per week, 60000.00 per month 300000 - 400000 usd - size 40.00 target pips 100 = 4000.00 per day, 20000.00 per week, 80000.00 per month 400000 - 500000 usd - size 50.00 target pips 100 = 5000.00 per day, 25000.00 per week, 10000.00 per month 500000 - 600000 usd - size 60.00 target pips 100 = 6000.00 per day, 30000.00 per week, 12000.00 per month 600000 - 700000 usd - size 70.00 target pips 100 = 7000.00 per day, 35000.00 per week, 14000.00 per month 700000 - 800000 usd - size 80.00 target pips 100 = 8000.00 per day, 40000.00 per week, 16000.00 per month 800000 - 900000 usd - size 90.00 target pips 100 = 9000.00 per day, 45000.00 per week, 18000.00 per month 900000 - 1000000usd - size 100.00 target pips 100 = 10000.00 per day, 50000.00 per week, 20000.00 per month. Phase 5 1000000 - 2000000 usd - size 200.00 target pips 100 = 20000.00 per day, 100000.00 per week, 400000.00 per month.

Update @ MOnday 22/6

My account has gone down the drain due to my common mistake, overtrading and did not follow my rules unfortunately. Now i will rebounce back to rebuild my account back using the simple process only, no breakout technique / morning technique whatever until i have firmly grasp better understanding on lots of things. My focus will remain as EU with a daily pips targeted of 100pips.

Breakout system

Dia guna breakout system Pasang buy stop & sell stop 10 pips dr price semasa, TP 20-30 pips camtu, pastu bukak multiple post Of coz la senang2 dapat at least 100 pips per trade, mana x nya 20 pips x 5 post = 100 pips -- The above info obtained from CG about the techniques uses by Hafizzat Rusli. I was told that this is one of the technique he uses to trade. Now breakout system provided the chances of breakout is 80% above, then i believed is valid. Further more to open multiple post ? This is akin to my morning EU technique? But the scenario with my EU technique in the morning does not guarantee a range of 50 pips from the opening price as it depends on where the nearest support and resistance. If i were to open pending post open buy/sell stop 5-10 pips from the opening price with TP at 10 pips with 10 multiple post each at 0.01 , what would be the profit like? 10pipsx 10 opening = 100 x 0.01 = 1.00? Why i did not thought about this in the first place? Trial basis on Tuesday morning.

Learning updates

Key importance 1. Moving Average 20 / 50. Best usage for H1 and H4 as H1 can achieve at least 75 pips while H4 at least 350 pips. 2. Support and Resistance, buy at support and sell at resistance. 3. Buy at low, sell at high. 4. To know more about candle pattern especially the reversal part. 5. Every 1 candle reversal, can only last for 3 candles. 6. Thus, 1 hour candle reversal can gain tp for the 3 hour candle whilst 4 hour candle can gain tp for the next 12 hour candle. 7. Understand the Supply and Demand and RBS/SBR 8. Supply and Demand entry can be use twice - 1st entry, range low, 2nd entry, range high 9. Support Before Resistance / Resistance Before Support, effective only after 2nd retest. Trading Plan Update 1. Morning trade as usual at 8am - 5 pips above/below the opening price. 2. Identify the weekly trend based on the MA 20 and MA 50. Set up based on the Support and Demand indication. 3. Use the Daily Hour chart to setup for the week. Target pips long term 100 pips-200 pips. 4. LL and HH trend check every 4 hours as per usual. 5. Buy Limit from the previous support and Sell Limit from the previous resistance. 6. If any candlestick reversal or breakout / breakaway, to reset a new entry up to the next support / resistance. Target TP 1. Target daily profit of USD2.50 minimum per day. 2. Target weekly profit of USD2.50 minimum per week (Swing) 3. End week profit of USD15.00.

Haffizat Rusli

Based on what i can see from the live trade result 1. Focus on GJ trade only. 2. Leverage usage is 1:2000? 3. Lot size open is at 100.00 4. Pips taken only 20-30 pips. 5. On the spot entry and quick profit and exit. notes; this can also be applied by our end, provided we have sufficient capital, good money management and excellent trading plan. for example, if EU/US trend were known to break below / above a specific resistance and support (breakout), 1. we can enter 5 /10 / 20 pips entry with a bigger size lot in line with proper margin. 2. say the potential trend is 50 pips, in between we could have at least 10 / 5 / 3 entry.

Updates @ 11.15pm

EU Opening - 1.1237 Price presently - 1.1275 HH - 1.1288 LL - 1.1143 Resistance 1. 1.1332 2. 1.1386 Support 1. 1.1182 2. 1.1143 Unless the price go above 1.1332, major trend may change to downtrend next week. It all depends on the closing price by tomorrow.

Trading Plan

What would be my trading plan. 1. Morning technique of 5-15 pip set 5 pips above or below the opening price at the size of 0.01/0.05. Will increase to 0.10 should the technique proves workable. 2. Set up sell / buy stop / limit at 50-60 pips above / below the opening price based on the daily range. Set only 2 at 0.01 with 50/100 pips setup. 3. Hourly check on the trend and HH/LL with the day before to ensure proper entry on the spot. 4. Always keep an eye on the pin bar setup for any reversal, possible and entry with profit target 10 pips before the next support / resistance. 5. To reduce overtrading and floating as much as possible.

Updates

Learning process with new things in. The morning setup appears ok but need to reduce the gap between opening price and set up. Will try to set 5 pips apart with 0.05 size at 5 pips for the morning gap, and another at 0.01 size at 10 pips. Targeted profit of 0.70 cents only. Will increase should the profit ratio are 80-100% Now focusing on trend - major trend and minor trend. It was said that EU major trend is buy while minor is EU. As the price was rejected at 1.138 twice within 2 weeks period, it would safe to say that the direction would go down below the present low of 1.117x to reach 1.10xx, before it resume upwards. My guesses as this week, the closing price would be below the opening price at 1.1118.

Updates Tuesday

This week surely a very different week than the last. I could not use the same method as of last week to capture the movements of LL and HH. Thus i could not gain profit as per what was plan earlier. Never the less it shows me that there are lots of things to learn of course. Can`t expect myself to be successful simply by using this method as the market is not predictable as mentioned by all. But in this 2 weeks, i did notices few things that probably can be used. 1. Identifying the opening price in the morning a 0800am. 2. Set Buy/Sell stop 10 pips above/below the opening price at 10/20/30 pips. 3. Set Buy/Sell Limit 20 pips above/below the opening price at 10 pips. 4. Set Buy/Sell Limit 50 pips above/below the opening price at 30 pips. 5. Set Buy/Sell stop 70 pips above/below the opening price at 50 pips. Usually the point 2-3 would occur between 8am-12noon. The point 4-5 would occur between 4-8pm. Will see how it goes as this will start as at 0.01.

Update

Apparently the trend remain upwards with no sign of reversal or retracement to 1.1095. Will review an redo again tomorrow.

Updates@ 10pm

Notes 1. Downtrend did occur as of 4pm - 5pm H1 candle but only on that particular period. However it was not the LOD as the LOD of 1.1076 occurs at a much earlier time today with the range of 20 pips from the opening price of 1.0976. 2. As per the MM4X notes, LOD/HOD would only happened during the later half of the day between the period of 4-12pm. 3. Thus i would believe there's a potential DOWNTREND between 12-4am before the closing price. 4. Presently the HOD have been set as at 1.1217 which started as of 7pm-10pm. However it is not known whether there's chance of further up? 5. The present range of pips from opening to HOD is 140-150pips. 6. If a DT were to occur it would most probably be about 170pips, a major DT? 7. However this is mere speculations on my end and understanding. 8. If the trend remain as it is, then it is considered LOD was first and later HOD. The timing for the evening part remain the same. Only thing is, which way should it be based upon. 9. Either way, i just have to wait and see the closing price either 1.1070 or 1.1110.

Update

A bit confused on the movement today, it did not generate any LOD/HOD yet thus far like the movement is being relaxing. The trend is not pretty clear thus both my open pending are triggered, though i`m unsure which one it should be. Will wait until 7pm for further next of action.

Monday @ 3.09pm

EU Opening - 1.09? Based on the candle from 12-3pm, it is consecutively uptrend. Therefore based on my daily cycle trend, there`ll be reversal down towards 100 pips below from 1.1140 to 1.1040. As of 3pm-6pm. My calculations for a setup either uptrend or downtrend are based on the opening price of the day and range of 50pips plus spread for a possible entry point in either direction. Actual count for Sell was at 1.1040 while buy at 1.1150. As at present time, the HH as of this moment is 1.1152 therefore should have triggered the Uptrend movements As of 3.29pm, the price has reached 1.1157 thus hit based on my daily range calculations but not based on the trend based. In the interim i have set Buy stop 1.1160 tp 1.1185 / 1.1210 / 1.1235 / 1.1260 This is at 0.01 while Sell stop 1.1120 tp 1.1095 / 1.1070 / 1.1045 / 1.1020 This is at 0.02

Next Week Trend - 8th June onwards

The trend can either look toward 1.06 or 1.17 with strong possibilities of going back to 1.08 before possible retracement to 1.12.

LOD / HOD

This week LOD/HOD trend Monday - LOD - HOD Tuesday - LOD - HOD Wednesday - LOD - HOD Thursday - HOD - LOD Friday - LOD - ? The thursday's trend is either due to the NFP impact by friday therefore the trend are different, or it is indeed vary from time to time. But after a thorough understanding, the trend based are focused mainly towards the end goal, building the momentum and the range / pips. The NFP trend is possibly start after the news itself at 8.30PM, though the hint are already shown during the 1hr timeframe 3-4pm. The LOD / HOD trend started as early by 3pm 1hr candle with the previous candle 1 hour of 1pm and 2pm showing the same trend. The HOD / LOD trend will be decided after the 1st completion by 6pm, with the consolidation process finish by 7pm.

Friday update

Yesterday i have to revised the trading plan thus cancelling off the gold currency from my list. Therefore i only concentrate on EU only, which i have to cut loss a lot due to previous mistakes made of overtrading and systemic error.

Thursday @ 9.25am

TODAY ANALYSIS Opening Price EU - 1.1260 (Yesterday closing 1.1256) difference of 0.40 - EU close above the previous day opening at 105.00 GOLD - 1185.50 (Yesterday closing 1184.90)difference 0.60 - Gold close below the previous day opening at 7.20 Price Range (0800 - 1200) EU - 1.1247 (present) HH - 1.1258 LL - 1.1245 Range - 7 GOLD - 1182.24 (present) HH - 1185.81 LL - 1181.70 Range - 411 DMARK Trend EU TF H4 UTD 1.1184 TP 1.1565 (381) Broken Uptrend LTD 1.0900 TP 1.0520 (380) TF D1 UTD 1.0898 TP 1.1151 (253) Broken UPtrend LTD 1.0848 TP 1.0151 (698) UTD W1 UTD 1.0936 TP 1.1741 (805) Broken UPtrend LTD 1.0594 TP 0.9696 (899) Notes: - 1600 - 1800 - Potential DOWNTREND from 1.1200 to 1.1151 - 1800 - 2000 - Consolidation period before moving uptrend. - 2000 - 2200 - Potential UPTREND from 1.1210 to 1.1360 / 1.410 / 1.560 - 2200 - 0000 - Consolidation period before retracement to closing price - 0000 - 0400 - Potential price closing at 1.1310-1.1330 / 1.1360-1.1390 / 1.1510-1.1530 GOLD TF H4 UTD 1193.65 TP 1208.35 (1470) LTD 1187.42 TP 1167.96 (1946) Broken Downtrend TF D1 UTD 1205.70 tp 1218.94 (1324) Broken Uptrend LTD 1180.88 tp 1128.25 (5262) TF W1 UTD 1185.91 TP 1289.88 (10397) Broken Uptrend LTD 1192.93 TP 1144.79 (4815) Notes: - 1600 - 1800 - Potential DOWNTREND from 1193 to 1187. - 1800 - 2000 - Consolidation period before moving uptrend - 2000 - 2200 - Potential UPTREND from 1193 to 1208 - 2200 - 0000 - Consolidation period before retracement to closing price - 0000 - 0400 - Potential price closing at 1199 / 1200.

Guessing Game Dmark Trend

Will be updating this in the morning shortly MM4X @ Guessing Game plus Dmark trend. Points a) To check on the opening price, in order to identify the potential closing price. i.e Gold's opening price on 2/6 1189.50, the closing price was 1194. This is due to the high of the day was in range from 8pm-12pm. But should there's no movement at all since 6-8pm on the HOD point, then it`s possible a reversal momentum of HOD first then LOD secod. If the HOD occurs later, thus the closing price would be above 20-30 pips off the opening price or 20-30 pips off below the HOD. If the LOD occurs later, thus the closing price would be lower 20-30 pips off the opening price or 20-30 pips off above the LOD. b) Use Dmark trend analysis on H4 to identify the range of pips, and possible set-up. c) by 4pm, Sell mode with the proper size using 4 target - 25/50/75/100. d) by 6pm, Close the Sell position for those which has not reach TP. e) by 8pm, Buy mode with the proper size using 4 target - 25/50/75/100 f) by 10pm, close the buy position for those which has not reach TP. g) by 12am, Set up Buy/Sell of 10/20 pips below / above LOD/HOD - 10 pips only. h) Sleep and restart again the next day.

Guessing Game - 2nd June 2015

Closing price yesterday EU - 1.0930-1.0950 GOLD - 1188 - 1190 Closing price for yesterday setup at 12am hit this morning. Unfortunately i closed my pending Gold (loss at 0.28) from 1189 to 1187 Potential closing price EU - 1.0930 or 1.0970 GOLD - 1186 or 1190 Based on observation yesterday, EU/US moved from 1.0959 to 1.0885 (70pips) first half of the day, (12pm?) then goes up from 1.0885 to 1.0990 (105pips) at the second half (6-8pm), then retrace back to 1.0950 at the last half (10-12pm). Today EU's potential move 0800 - 1200 - from 1.0927 to 1.0970 (50) 1200 - 1600 - from 1.0970 to 1.0920 (50) 1600 - 2000 - from 1.0920 to 1.0840 (80) 2000 - 2400 - from 1.0840 to 1.0900 (60).

MM4X info

Based on what been mentioned by MM4X team The typical daily forex cycle Whatever movement is, it will close 20 pips below the start of the day even though the daily range maybe 100 plus pips. STEP 1 5.00PM EST@ 7.00AM JAPAN TIME 1. The hi and lo are reset 2. Price in, market maker push up 15-25 pips and then make a quick pull back down 3. Then go sideways 4. They push it again 15-25 pips. STEP 2 1.00AM EST TO 4.00AM EST @ 3.00PM AND 6.00PM JAPAN TIME 1. Sometime between the above timing, they`ll break out the Asian range in 3 swipe 2. They'll quickly change the high of the day, settle it and work it for 30-90 minutes. 3. This is a two spronged approach. 4. Reason they use the number 3 because we are stubborn. STEP 3 BETWEEN 3.00AM EST TO 5.00AM @ 5.00 AND 7.00PM JAPAN TIME 1. They start their move down. 2. These pattern usually take between 60-90 minutes up to 2 hours to setup. 3. They make a pullback and trap the long (buy) holders. 4. They will then quickly pull back of the high of the day, trapping all the long holders and they will hold this level. 5. They make a pull back of 25 to 50 pips and trap the long holders. 6. Now they've got them stuck. They go into consolidation 25-50 pips off the high, trade sideways for a few minutes and what do you start doing? 7. Then after 60 minutes or so of consolidation, they will start the trend run against their original move. 8. Once they set the high of the day off the break, they will start the channel and run the trend for 6-8 hours. 9. If you are going the wrong way, it`s a nightmare 10. Its slow, relentless, and its just keep going, going and going. 11. They will make this in 3 pushes, why? 12. It`s all about exploiting human nature. STEP 4 BETWEEN 8.30AM AND 10.30EST TIME @ 10.30PM AND 12.30PM JAPAN TIME 1. They will make some type of reversal pattern. 2. The safest one to take are the ones that take 60 to 90 minutes to setup. 3. Why? 4. People trade the break of the low from yesterday, even from 2 or 3 days ago. 5. They will get to the low, act aggresively again, open the spread, absorb the pendings, validate the patterns that everybody trades and snatch it away from them, 6. They will pull it off of the low, go back into consolidation to end the day 25-50 pips off the low. 7. Then start the process again the next day. STEP 5 1. Just initiate short positions once the high is set for the day, or long positions once the low is established. 2. Your stop loss for short trades is placed just outside the dealers grasp, above the high, or for long trades, below the low. 3. If you are correct in your assessment, your stop will rarely be triggered because the dealer will not move the entire market just to grab your loss. 4. If he does, he will allow the other traders to exit their trade. POINT TO UNDERSTAND 1. Understanding this cycle gives us a major edge in trading. 2. Once we can identify it in the chart, taking trade is simple, second nature even. 3. Just initiate short positions once the high is set for the day, or long positions once the low is set for the day. EXAMPLE 1. Asian Accumulation 2. Stop hunt low / high to hesitation zone 3. Buy / sell 4. Watch for 3 pushes to the low / high

This week analysis

Based on my Guessing Game 1. EU would most probably go up between 1.100 o 1.1050 before reversing back to 1.0800 2. However this trend could only be known by Tuesday itself. Based on my De Marker 1. Long term remain bullish up 1.17 with the next high target of 1.15 2. However for this week it still remain bearish with the possible of going back to 1.0800. 3. Only if the D1 downtrend broken, could it go below that to 1.06 / 1.05 or 1.01. Conclusion Short term and long term this week - DOWNTREND.