Back to the Future- Prof. Hank Pruden on 150808

Guess what... i'm marking this on my blog and itouch on this event that i'm going to attend this month :P..

Sounds exciting indeed... What makes this exciting is i have not a clue of what "Wyckoff based" method is... i heard about Chaos Theory and other TA, but never in my life Wyckoff.

http://www.hankpruden.com/biography.html

Quoted from Prof Hank website:
Wyckoff's Investment Theory
.....Wyckoff believed that the action of the market itself was all that was needed for intelligent, scientific trading and investing. The ticker tape revealed price, volume and time relationships that were advantageously captured by charts.

Comparing waves of buying and selling on the bar chart reveals the growing strength of demand or supply. With the aid of schematics of accumulation or distribution, the speculator is able to make informed decisions about the present position and probable future trend of a market. The figure chart is added to project the probable extent of a price movement.

Wyckoff also revealed how to interpret the intentions of the major interests that shape the destiny of stocks and how to follow in the footsteps of these sponsors at the culmination of bullish or bearish trading ranges.

Lesson learnt from Brandon Wendell 010808

It was a memorable moment, understudy from Brandon Wendell. Ok, his birthday is 0808xx, sorry cannot help it.
http://www.cnbc.com/id/15840232?video=799994115
http://www.cnbc.com/id/15840232?video=800013128
http://www.cnbc.com/id/15840232?video=800012038
Will post Brandon Cashflow talk later in the week..

Brandon has a trading style that is just like me... very impatient and overtrade. However, he is much better than me, of course, as he is a master trading... He is full of confidence, and cutting loss at the slightest move against his direction.. When he make mistake, he quickly admit it and move on... If forex is not his day, then it's stock... wow... Learned lots of things from him... Must commit myself to use what is being taught... Have great trading tips from him in gage

Being a gal is always sentimental... when something bad happened to me, it always imprint on me... no matter how hard i try to let go, it still stays there... that's why i must learn how to suffer and how to let go... must let go and success will be within grasp... i can make it... :)

A story to tell

Having to work in the construction industry for the past 1 year plus, i have learned valuable lesson through suffer, agony and hardship. You know how construction company looks like, tough men with lots of pride and ego. Nothing to learn here.

There was this person, i told him that oil price is going to go up 1 year ago. Do you know what's his response? Oh, crude oil should be where it is today, high... Eventually, this has lead to many disaster and cost cutting throughout the world. There were even US #1 bank being closed down, due to the sub-prime credit crunch. All because of oil.... why? Crude has a inverted correlation with USD. that's why...
Lesson learned here: Always trust yourself and your instinct. I really went berserk when crude just moving up.. The worst thing is, i don't trust myself enough to trade crude oil.. why should i care about what a nobody discussing of crude, when i even know what's going on...

Lesson #2 that i learned at site: Always believe in something and you will achieve it. There were this senior citizen, who is so active that i am starting to admit him. He is living as if today is his last day on earth, striving to achieve the best he can everyday. I used to chicken out and giving excuses for not even attempting to try. Guess what, that someone has taught me to go try it, and push me into joining triathon. I really never think i could finish the mini, but, eventually, i did finish the whole race.

"I need my mojo?", do you think mojo can perform miracle. I guess negativity had embedded in me, due to asian culture & surrounding, putting a full stop without even trying. By withdrawing all those bits and pieces of negativity, my trade has improved from worst to better... doubling, no tripling my account size. :)

Need to be strong, and make a great differences in life...

temporary parking...

www.fxbeach.com
www.OilTradingBlog.com
www.GoldTradingBlog.com
www.CrudeOilTradingBlog.com

Goal Achievement

After few months tryout on course, there is no guarantee to rip the reward that you wanted... Guess have to try harder to achieve the goal....

Back to Basic

It's been so long that i enter any post in my blog. Guess when the volatility is high, i tend to glue in front of pc, just looking at the charts.. that's really funny...

What have i been doing lately? Not much improvement, except on my routine... looks at charts all day.. You might think this is nuts, well yes, this is indeed nuts.

In order to gain greater height, sacrifice need to be made. Guess what, I attended FX training session and the trainer is Ed Ponsi. It was great learning experience for me. :)

Do check out his CNBC talk below:
Aussie-Dollar Parity?
Growth vs. Inflation
Charting US Bellwethers
Capitalizing on Volatility
Weak Earnings from US
Next Key Level for Oil

Sometimes, when someone doing something repetitively, you tend to do something robotic. The bad part is, if it's long term doing the right way, it means that there will be no improvement in strategy and lifestyle.

I guess after attending this course, i tend to look at things at a different prospect. Essence of quality trade, rather than volume trading. Quality vs Quantity.. Making trading experience indifference.

Hope that this will be my path to be a millionaire one day. I'm not greedy, just having a long term goal. For now, 2-5% gain for the month doing this Quality trade. Hold a trade for months until goals have been reached.

Chinese New Year Flash

http://xinshanjie.com/flash/view.php?id=2200

http://xinshanjie.com/flash/view.php?id=1682

http://www.123greetings.com/events/chinese_new_year/family/index.html

Christmas & Happy New Year

First of all, i would like to wish everyone i know a Merry Christmas and a Happy New Year.
http://gpsinformation.info/main/merryxmas.swf
http://www.stumbleupon.com/demo/?review=1#url=http://flash.freditm.net/marry_christmas/marry_christmas.swf
http://www.gfes.tpc.edu.tw/board/abc-song/merrychristmas.swf
http://www.angelfire.com/mt/jdhardball/images/xmasjoke.swf
http://www.zippyvideos.com/3996784146378016/rockfords_xmas_video_06wmt/


Forex market is truely amazing indeed. In comparision between last year and this year, the range that most currency is trading goes way beyond last year trend. Global prices around the world kept escalating, what can i say, what can i say.......

GBP currently has a bearish momentum, and dropped to the lowest due to the UK current account deficit widened to GBP 20 billion vs 11.4 billion. Guess GBP is not the only country that suffer from deficit after all... :D

My overall t-bills plan worked after all. Less maintenance, no charges and higher interest rate when compared with fixed deposit. Hmm... i need to retune my plan so that it will be improved year after year... :D