Archive for March, 2010

I already have a trading goal. But just to make it official, I'll write it on this journal so I can comeback later and see my progress. This year 2010, my goal is to reach $5000 per month in profits in forex trading. Main Goal for 2010 $5,000 profit per...

March 15, 2010 | In: Forex

Never Trade on Mondays

I've been reading some beginner stuff about forex trading and one thing that caught my attention is that many experienced trader always advice not to trade on mondays. The reason behind this is because you want to know what will be the starting setup for...

This is done in the daily charts. I saw bar A which is a nice inside bar. But the bars next to to Bar A is a trading range. So I wait for a bullish bar to enter. Bar B is a doji which means bears and bulls are almost equal. But have a potential as a...

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Forex Philippines

Forex Philippines is my trading journal to learn the ins and out of forex trading. Learn from my experiences and I hope you have a great stay.


Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you need for living expenses and cannot afford to lose.