APA YANG ANDA PERLU FAHAM TENTANG eGOLD

APA YANG ANDA PERLU FAHAM TENTANG eGOLD

1. eGOLD ada caj transaksi.
Setiap transaksi ada caj dia 1% setiap USD tetapi maksimum satu transaksi USD 0.50 sahaja. Setiap tahun juga ada pemotongan keatas akaun egold masing masing utk membayar kos menyimpan emas tersebut.

2. eGOLD berkadaran dengan nilai emas yang senantiasa turun naik.
Yang kekal hanya gram emas tersebut. Jadi jika anda ingin menyertai program USD10, elok beli lebih sikit seperti USD11 kerana kemungkinan masa anda hendak menggunakan eGOLD tersebut jumlahnya berkurangan disebabkan harga emas turun.

3. eGOLD di Malaysia dijual pada kadar antara RM3.80 - RM4.30 per Dollar mengikut persetujuan pembeli dan penjual dan mengikut supply and demand semasa. Setelah anda mendapat keuntungan dari Program tersebut anda bolehlah menjual kembali eGOLD anda kepada peraih eGOLD dan jika eGOLD anda dalam jumlah yang banyak anda juga boleh mendapatkan Debit Kad untuk mengalihkan eGOLD anda kedalam Debit Kad tersebut dan kemudiannya anda boleh mengeluarkan CASH di mana-mana mesin ATM yang ada Cirrus dan Maestro di Seluruh Malaysia. Harus diingat Debit Kad mempunyai yuran tahunan yang mahal dan tidak bijak mendapatkan Debit Kad jika keuntungan eGOLD anda tidak benar-benar banyak.Di antara laman web yang menjalankan transaksi jual / beli e-gold:

APA ITU eGOLD?

eGOLD adalah salah satu eCurrency ( matawang online ) yang digunapakai di Internet. Dalam banyak-banyak eCurrency eGOLD adalah eCurrency paling lama, paling dipercayai dan paling banyak digunakan di internet. Antara contoh eCurrency yang lain adalah seperti INTgold, EVOcash, NETPAY, eBULLION, PECUNIX dsbg.Konsep penggunaan eGOLD adalah seperti perbankan online ( cth MAYBANK2U ) dan duit dalam akaun eGOLD kita bersandar kepada gram emas semasa. Bagaimana kita nak menggunakan eGOLD kita terserah kepada kita.

E-gold adalah
satu sistem matawang elektronik didaftarkan dibawah E-gold ltd, oleh ahli dewan perniagaan Nevis yang disokong oleh 100% bar emas yang tersimpan .

E-gold telah bergabung dalam satu akaun sistem pembayaran untuk menggalakkan lebih ramai orang menggunakan emas sebagai matawang. Secara spesifik pembayaran melalui E-gold membenarkan orang ramai untuk membelanjakan (Spend) sejumlah emas, mengikut perkadaran berat untuk di pindahkan kepada akaun E-gold yang lain. Hanya hakmilik yang berubah. Emas yang tersimpan (treasury grade vault) masih tetap kekal

Boleh Dipercayai (Trustworthy )

Mengikut pada E-gold User Agreement, emas fizikal yang menyokong akaun e-gold hendaklah wujud dalam bentuk fizikal, mendapat kelulusan rasmi (legal) dan bebas dari risiko politik. Merujuk pada deklarasi dari pihak e-gold "The e-gold bullion reserve special propose trust - " menyatakan bahawa kegunaan secara mendadak hendaklah diwujudkan secara eksklusif adalah untuk kebaikan kesemua ahli dalam kumpulan pemegang akaun e-gold. Emas ini hendaklah wujud dalam bentuk emas fizikal yang tersimpan di "London Bullion Market Association (LBMA)" . Logam emas yang tersimpan hendaklah bebas dari sebarang "lien" atau encumbarance dan tidak terikat dengan mana-mana organisasi. Secara am, emas ini tidak terikat pada liability e-gold Ltd atau sebarang entity company. Tidak ada sebarang logam yang boleh di keluarkan dari simpanan tanpa pengesahan / tandatangan dua pihak , e-gold Ltd dan Escrow Agent untuk memastikan reputasi dan kualiti emas terjamin.

Transparency

E-gold Ltd. menawarkan tahap transparency secara tidak parallel

Kiraan akaun E-gold secara total vs. Kiraan Emas tersedia secara Total . Informasi ini di bekalkan mengikut keadaan semasa dan terkini berdasarkan pemerincian dari `examiner' tools dari E-gold website. `Statistic' yang berkaitan dengan penggunaan dan perkembangan sistem e-gold

Sistem Matawang Antarabangsa

Internet - World Wide Web (WWW)
Emas - World Wide Money (WWM)

Kombinasi kedua-dua sistem ini secara global ini telah mewujudkan satu keperluan. E-gold telah wujud untuk memenuhi kehendak dan keperluan ini.

E-gold dikira dalam bentuk berat logam dan bukan nya US$ atau mana-mana unit/ nilai matawang nasional. Berat unit lebih tepat dan mempunyai definasi yang boleh diguna secara global / antarabangsa. Sebagai tambahan, logam berharga ini ternyata digunakan dalam sistem kewangan sedunia. Oleh itu, e-gold adalah satu sistem yang ideal dan sesuai untuk transaksi antrabangsa.

Walaupun e-gold dikira mengikut berat, sistem pembayaran e-gold membenarkan `Spends' untuk menggantikan terma 8 nilai matawang terbesar dunia. Sebagai contoh, terma berikut adalah rasmi (possible)

Spend 10 Troy oz adalah nilai e-gold
Spend 5.3 grams adalah nilai e-gold
Spend US $100.00 adalah nilai e-gold
Spend CHF 685.88 adalah nilai e-gold
Nilai-nilai yang dinyatakan diatas membawa maksud, Canadian boleh membuat pembayaran kapada German atau Japanese atau Australian, jumlah berat emas yang tepat dengan e-gold untuk mendapatkan barang/ servis secara mudah, seolah-olah harga telah ditetapkan dalam nilai matawang sesebuah negara.

Kuasa Membeli ( The power of the E-gold Spend )

Kesemua nilai kewangan akan berpindah ke alam cyber hanya dalam beberapa tahun akan datang. E-gold telah bersedia dan begitu juga anda.

E-gold - Jual Beli (Transaksi) tanpa sempadan
E-gold boleh di belanjakan (Spent ) kepada akaun e-gold yang lain di mana-mana sahaja tempat di dunia menerusi e-gold shopping cart interface (SCI), e-gold account manager or telefon mudah alih dengan kemudahan internet.

E-gold - Lebih Cepat dan Pantas
Pembayaran e-gold serta-merta (tanpa risiko charge semula - chargeback) , tidak kira berapa besar pembayaran, tidak kira berapa jauh pembelanja dan penerima.

E-gold - Lebih Menjimatkan

Berbelanja dengan e-gold adalah percuma walaupun penerima anda berada dihujung dunia.
Bayaran transaksi penerima adalah dari nilai rendah yang berpatutan kepada pesanan terendah dari kad kredit dan transaksi bank wire, tidak kira berapa besar (atau kecil) sesuatu pembayaran
E-gold Agio fee, merangkumi kos simpanan bar emas, untuk melepasi tahap ekonomi untuk pembeli emas jumlah besar.
Kelebihan pada semua pengguna wang. $$$$

Sasaran untuk pasaran e-gold adalah pengguna matawang. Bagaimanakah anda menggunakan matawang sekarang?

Pengguna matawang ini akan berpeluang untuk menikmati kemudahan dari kestabilan, sistem keselamatan, efisyensi dan cost yang rendah dari e-gold. Berikut adalah contoh-contoh kegunaan e-gold;

E-Dagang
Pembayaran B2B ( Business-to- Business)
Jualan - Point of Service
Pembayaran Orang Perseorangan ( Person-to-Person)
Gaji
Bill Setempat
Derma Badan Kebajikan
Sistem kewangan yang menggunakan dasar ekonomi AUG*
* AUG adalah singkatan nilai unit matawang "grams of gold"

Pembangunan Pasaran Tukaran Dagangan

Pembentukan sistem e-gold adalah bebas dari sebarang risiko kewangan. Tidak akan terdapat hutang atau liability yang bergantung dan terikat pada e-gold. Untuk tujuan ini, pihak e-gold Ltd. tidak akan memproses sebarang matawang national dari sebarang negara yang tidak mempunyai akaun bank. Oleh itu, e-gold Ltd. tidak akan boleh menawarkan servis tukaran matawang.

Untuk menggalakan pertumbuhan bilangan pusat servis tukaran bebas di serata dunia yang menyokong tukaran antara matawang national dan e-gold, pihak e-gold telah menambah bilangan cara pembayaran termasuk kad kredit, bank wires cek bank dan money order.

Tiada halangan/sempadan untuk penyertaan

Tiada sebarang kos diperlukan untuk membuka akaun e-gold. Tiada pemeriksaan kredit, tiada had minimum diperlukan, tiada sebarang concept `akaun saudagar' dalam akaun e-gold untuk melayakan perbelanjaan (Spend) e-gold atau penerimaan pembayaran e-gold.

(Petikan:http://ideaunik.wordpress.com)

Market Rhythm - Lesson # 4

Sekarang kita akan berbincang berkenaan motion harga kerana ramai yang mengambil signal MACD yang tidak berkaitan dengan motion semasa. HASILNYA : satu kesalahan yang serius.

Lihat gambarajah,lihat motion market.

Kotak purple point A. harga bergerak pergi dari line biru 89SMA. Dan apa berlaku, bila ia Berjaya tembus SMA89, ada tekanan untuk turun atau naik. Tapi dalam kes ini ia naik.kemudian ia patah semula ke line 21EMA, point no 1,naik semula dan turun balik ke 21EMA, point no 2,naik, dan turun balik ke 21 EMA, point no 3.Sama pada point no. 4, 5 dan 6. Di situlah peluang baik untuk anda. Jika MACD menyokong trend bersambung(trend continuation)pattern, ia menjadi satu set up yang bagus.

Lawan trend kita boleh ambil, tetapi bila ia kena pada suatu trendline.kita belum sampai lagi pada tajuk itu. Kerana kita perlu melakar trendline utk top dan kita putuskan hingga ke mana line tersebut boleh dilukis. Ia adalah apabila melepasi suatu resistant, ini sangat penting kerana ia tidak diambil kira sebagai satu rithm.anda akan tahu secara random dan ada cara tertentu untuk melakukannya. Kita akan lihat pada teknik itu kemudian.

Page 2 kita lihat kembali, tapi ada line merah trend top sebelah kiri. Apa yg berlaku, harga patah semula ke 89EMA, ia berlaku dalam bentuk 1,2,3. Kemudian ia kembali ke garis 21EMA pada titik merah no.2.kemudian ia ke 89 titik merah no 3 dan ke kotak purple.(titik A warna hitam).

Situasi itu ialah apabila trend top(merah) dan kembali ke EMA89. Anda lihat ia turun dan kita jangkakan ia kembali ke 21.memang ia berlaku, TETAPI, ia tidak terus turun ke bawah, sebaliknya ia terus naik semula ke garis 89EMA(titik B) itu member gambaran bahawa harga tidak akan menyambung down trend sebaliknya akan naik semula.

Jadi ia sekarang kearah asal yang ia hendak tuju.

Kemudian ia patah semula ke C di bawah EMA89 dan kita jangkakan ia naik semula ke EMA21 sebelum turun, tetapi ia terus naik ke 89EMA.selepas itu baru ia turun. Jadi pada lingkungan itu kita boleh trade Cuma kita masih tidak tahu kemana arah yang sebenarnya.

Pada titik D sahaja baru kita Nampak harga break 89EMA tetapi masih tak tahu samada akan berhenti dalam range itu , terpaksalah kita beri sedikit ruang untuk ia bergerak. Kemudian kita Nampak ia gerak ke atas sebelum patah semula ke titik hitam no.1 sebelah kanan89,

ia telah jumpa garis support baru di situ dan baru ia bergerak menjauhkan diri. Setiap kali ia gerak ke 89EMA, dan ada sokongan dari MACD, kita boleh ambil peluang utk buka posisi trade. Apa yang berlaku, harga naik keatas, kemudian turun ke EMA21 (titik no.2 hitam). Di sanalah satu setup yg sangat baik yang kita tunggu dan cari.

Sekarang kita lihat pada MACD, ia member bacaan sedikit trend continuation. Kita tidak buat hanya semata kerana signal dari MACD, tetapi juga disebabkan juga harga yang bergerak menjauh dari EMA 21 (titik hitam no.3) titik hitam no 4 juga sama, dan juga titik hitam no.5(semuanya menjauhkan dari EMA 21).

Lihat pada trendline yang telah saya lakar, pada top titik 123 di D menaik, (garis hitam) bila harga melanggar Resistant tersebut,pada saat ia top, anda boleh mengambil trade lawan arah trend(counter trending) , dengan syarat risk reward ratio (R:R) sesuai.

Risk reward ratio adalah nisbah risiko loss berbanding nisbah profit.

Graf atas, kita boleh Nampak titik 1,2,3 hitam. Dan titik 1,2,3,4,5 memberitahu ia patah semula ke EMA21. TETAPI saya ingin anda lihat kepada semua kotak purple di tengah antara 2 garis merah melintasi dia semua garisan 89EMA dsb, menunjukkan market tiada arah dan ia mewujudkan consolidation mode, jadi kita perlu mengadakan top trendline dan bottom trendline pada graf. Bila berdepan situasi sebegini, kita perlu ambil kira signal pergerakan MACD pada top dan bottom pattern tersebut. Pergerakan pertengahan trendline tersebut kita perlu berhati2 selepas lihat pada ruang antara 2 trendline tersebut.ia sangat penting.

Jika anda lihat pada kotak yang pertama sebelah kiri, ia tunjuk turun, dan kemudian kita dapati titik2 hitam 1,2,3. Selepas itu kehabisan momentum. Kemudian kita dapati titik2 merah a,b,c yang mana ia kembali ke EMA21 pada merah a. kemudian turun ke b dan c sebelum naik ke EMA 89, keadaan ini normal bila market bergerak dalam rithm. Cuma apabila ia tidak berada dalam keadaan rithm yang normal, anda perlu sangat sangat berhati2.

Graf diatas adalah keadaan semasa waktu saya buat nota ini.lihat pada merah yang saya ada.Ia top pada garisan cokelat, resistant besar waktu 2004. 2 kotak purple, dan lihat pada EMA89(garis biru) menunjukkan ia tiada rithm. Dan kemudian sebelah kanan, ada no.1 dan 2. Iaitu harga semasa. market naik ke EMA21(titik 1 kanan) dan turun semula sebelum naik ek titik no.2 selepas itu ia berdezup turun. Gedebukk jatuh.

Jadi, diantara 1 dan 2, 2 adalah setup yang sangat berpotensi dan baik. Jika anda ambil trade tersebut, ia akan menurut jangkaan anda.

Tetapi jika saat harga melanggar suatu resistant besar seperti bulatan merah pada top, anda tahu ia akan jadi tidak tentu arah naik dan turun.

Garis biru pada sebelah kiri anda ialah suatu rithm yang baik sekali. Harga menjauh dari EMA21 kemudian patah balik ke 21 semula. Jauh dan balik, jauh dan balik semula. Jadi anda perlu mencari rithm pergerakan yang seperti itu untuk satu trade entry yang baik. Kiranya tiada seperti itu, menunjukkan tiada stability dan anda perlu putuskan samada anda akan bukak posisi atau tidak. Sekiranya anda trade, anda cari sedikit pip sebelum menunggu satu break trend yang lebih kuat.tembus atau patah balik ke EMA 89, semula ke EMA21 anda akan tahu samada ia adalah trend seperti yang ada pada harga semasa seperti dalam carta.

Article By:Phillip Nell “4 Hour Strategy (300 + Pips per Month)

Part 3 - MACD 4 Hour Strategy (300 + Pips per Month)

Right, now we come to one of those age old debates technical analysis versus fundamental analysis. Which one is right? I’ve heard on the thread, there was a guy, stating there, that the news is moving the market. And I hear that a lot, the people say, but it’s the news that moves the market. I’m gonna ask a counter question, and that is: If the news comes out and you take the people away, that they can not trade, say there is a power break, and nobody can trade, no person can trade, is the market going to move? It’s not going to move, the market is moved by people and it’s moved by the decisions of people, and it’s moved by their interpretation and their perception of the news that they have heard.

It’s not so much the news that came out, it’s the people’s interpretation and perception of what they think that news is worth to them, that moves the market. If I buy a stand and I want to build a house in it and I came to know that there’s oil underneath it, then this stand is gonna be much more worth, but other people might not know it, so even if the guy comes and offers me twice as much what the stand next door is, I’m not gonna sell, because I’ve got information that he does not have. And that’s very important to see that the market move is about people making decisions and that’s why I always say to fundamental guy is, but I am not a technical guy, I’m a fundamental guy, I just don’t go into depth studying the fundamentals, but the price action tells me what the fundamentals are. Not really the actual fundamentals, but what do people think and expect of those fundamentals. If people think it’s not good enough, they gonna hammer the currency, like the British pound yesterday. The Interest Rate goes up, but the pound goes down, there was some profit taking, and there is a lot of stuff involved there.

But my point of view is that – by watching the price action, I don’t see, if I look at the graph, if I look at the currency, the E/U for example, I don’t see the graph, I see actions of people, I see emotions of people, I see people making decisions according to news that has been available to them. And people, when good news comes out, they make certain decisions and it sort of runs into a pattern, and that’s why you’ve got those triangles, ascending triangles, descending triangles, that’s why you’ve got flag, that’s why you’ve got consolidation. People are acting within certain limits, because we are limit people. You want boundaries around you, the moment boundaries are off, you don’t know which way to go. So, people like boundaries and when certain patterns are formed within a currency price I see people, the actions of people there. And that tells me what type of action is going to happen when the news really comes out, and they interpreted it. That’s why we anticipate, I’m not predicting anything, I am not predicting the market movement up or down, I’m anticipating it. That’s a difference between the too, anticipation tells me, I’m looking at the price action, I’m looking at the pattern that is busy forming, and when that type of pattern formed I anticipate the price to go up. And I’ll wait for it to happen and I jump on board. That’s why sitting in the playing field, watching it, seeing the pattern form and you know that some 4hour candle is going to break out. And you look for conformation, when that is gonna happen. It’s got nothing to do with fundamental analysis, it’s the action of people based upon fundamentals. And that’s why I say that price action to me is the decisions of people, it’s actions of people, it’s emotions of people, So, I’m seeing people, I’m not seeing the price, because if you see a price you see pips, you see money and that might become your enemy. I see it as actions of people, when there’s no rhythm I know that people are not in harmony, their decisions are not in harmony. So, I’m looking for those harmony movements and that tells me that that market is in motion, and it’s in a certain rhythm and I want to flow with that rhythm.

So, when you look at the share price, or sorry currency price, or any price, even share price – stock market work the same, look at it as decisions of people. If you get acquainted and thoroughly educated in this whole system, it’s like when you do white river rafting. If you ask an expert by just flying with a helicopter above the river, just a flow of the water, different ways it flows, it’s speed, it will tell you what is going on underneath. And he can work out which way to take his little boat the next day, which will be the safest for him. And normally take a video camera, they film it, and then they go and sit, and say there you see some obstacles underneath. There we’ve got to avoid that because there very much sort of acceleration of the water, which is too quick, we cannot get in there. They don’t know what is going on on the other side, they anticipate it by the movement of the water, and that is exactly the same what you’ve got to do with the market. You can anticipate what is coming by the movement that is currently taking place. That is market emotion and that motion is due to the fundamental knowledge that’s been out like Interest Rates that come out. And when it’s out people act upon that information. And that’s technical analysis based upon fundamentals.

Source:

Phillip Nell “4 Hour Strategy (300 + Pips per Month)"

MACD 4 Hour Strategy " - Part 2

Tsunami:

Right, now we come a little bit to the mid of the summary – The Tsunami, I call it the Tsunami, you’ll get the reason later on. First of all, I want to talk about the money changers, what they do is – they land you money, when Interest Rates are very low and they create an environment for you to lend money, because it’s easy money, easy to pay back, it’s normally when the economy of the country is really having a good time, and everybody is buying new cars, and new houses, and go on holidays and things like that. Then, at the certain stage there is too much money floating around, so now they’ve got to do something to stop that, people are lending are all over the place. And things don’t balance any more, the one side gets heavier than the other side and then they decide to raise the Interest Rates. Then they start collecting from you. And if your budget was not very nice, you either have to give back your car, or give back your house. And that’s what they do. They create a playing field, where they lend out money, but the reasons for them is to make money.

I want to show something, that I’ll do by illustration, by explaining how I see this. Now, who are the money changers? I call the “the big ones” “the big guys”. I haven’t met one of them yet, I don’t know who they are, fund managers, governments, banks, I don’t know. But somehow, at certain stages they create a sort of environment; I call it “the playing field” in the Forex market. At this specific point you’ll remember, if you go back saying in a year, two or three from now, or even ten years from now, and you take the exact date, today, and you’ll take three weeks back, you’ll see the past three week have been difficult. If you look at the Euro, if you look at the British pound, you’ll see there are a lot of ups and down. That’s “playing field”, there is a lot of emotion going on, there’s a lot of movement going on, but it goes nowhere.

Now, it’s like sitting on a beach, you see people running all over, I can not run after every one, that come run past me. Because he might just play with a ball, it might be just someone running past, so if I get up and run after everyone I am gonna be tired by the end of the day. So, what do I do? I can sit there and I can put on my dark glasses, put on my suntan lotion, and forget about everything. But by doing that the Tsunami might hit me, and I won’t even know that. So, what do I really look for? I look for an unease or a pattern of movement that’s not a part of a playing on the beach. You’ll start to realize, well, people are not playing anymore now, there are some people running toward the gates, so there is something going on. You don’t know what yet, so what do you do? There are basically three things that you can do. You can totally ignore it, as I said put on your sun glasses, and be hit by tsunami. Or, what most of us do, we get up and we appoint a commissioner, of commission, couple of people that must go and find out, why are those people running. And you get yourself deep in to the fundamentals, and you start reading here, and you start reading there, and by the time you figure out: “Oh, it’s a Tsunami”, and you got hit by it. Then it’s too late. That’s a second part.

But, there’s a third part as well, you can run with the people running. And why you running with them, you can ask: “Why are we running?” And you’ll get an answer, if they can’t answer you, at least, you have a choice to decide, I’ll stay with it until it stops, and that is what market is doing. When it runs, you’ve got to be in it. Sometimes you know it’s news, sometimes you know it’s this and that, but sometimes you don’t, as long as you are there. But now comes the main part, you must desern, I’m using the word desern, because desern - is a separation. First of all, you’ve got to recognize, when it’s playing time, like we had now these last three weeks. It was playing time and then, the next step is you’ve got to desern, when the informed are leaving the playground. When those money changers, when they start moving. You’ve got to desern it, it’s a separation, technically, you’ve got to see the emotions on the faces if you are on the beach, they serious. And then you must desern when the playing is about to end. You know it’s gonna end, but you don’t know when. And then I‘ve got this last on B1 of the followers, of the informed. There are people that are informed in this whole playing scenario. And you’ve got to know the motion of the market in terms of its movement, because price is moved by people, by decisions of people. And their decisions make the market run, and why is it running – you don’t know yet, but you have recognized, that playing time, the playing field – is about over. The end is about there, but you don’t know exactly when. And that is what MACD system sort of tells you. Gives you an early indication when playing time is over. And when it runs you’ve got to be on board. That’s very important. And then when it runs it’s got a certain emotion, you just happen to be in that flow, you run with it, because if they want to take you out, they must take themselves out, but they not gonna do that, so you’ve got to be in that flow all the time. And that’s what I’m gonna teach you as well later on. Is to know the market rhythm, and to know when the market is moving, in a certain patter, in a certain rhythm, to stay with it as long as possible. So, remember to desern when the move is on.

Source: (Phillip Nell “4 Hour Strategy )

4hour MACD Strategy - Part 1

Welcome to the 4hour MACD summary, which I’ve put together, especially for the people that come new to the thread, because there are a lot of posts to read through. I believe it’s in the region of 4000, just quickly want to have a look… I haven’t looked yet, 4300 at this stage, so it’s a lot of work. But if you want to make a success or a career of it, that’s not very much. 280 something pages, I believe people are reading story books, more than those pages. But what I would like to do is, I would like to put you a summary, that I want you to work through. I’m gonna put it in chronological order, after those many posts and people getting involved and chatting… And I’m following it, I’ve sort get an idea of what was going on, in the people minds, the way they trade, the way they take the system. And I just want to give some more, I won’t say advice, but just some more light onto the subject, to make the system more understandable for people, so that they not feel that they are in the dark.

Right, first of all, disclaimer that I want to say, is that this is not investment advice, I am not giving investment advice, I am not going to do so. This is a strategy, which I give for your own studying and if you feel to use it, you use it on your own risk. The market itself, the Forex market, you got to obtain the thorough knowledge of the market itself: its movement, the news… There are a lot of sites out there, on the Internet, you can go to obtain this type of knowledge. The currencies that I’m using and the examples that I’m gonna use (the charts) are only for educational purposes, just to educate you, it’s not to give you any advice as to say you got to trade those currencies. I prefer the US dollar, the British pound, the Japanese yen. USD/JPY – a little bit, and than lately I looked at the USD/CHF – I started doing some backtesting there as well. And I like what I see, the movement is a little bit smoother, and, so that’s one of those three that I really like to watch.

What the system is not going to do? The system is not going to make you rich in 40 days. It’s not gonna make you trade like a pro after 10 minutes. That’s why this thing is already 4000 posts, and over 280 pages, it’s because there’s a lot of work, that you’ve got to put in. It’s not a mechanical system, it’s not a system where can MACD tell you to pull the trigger and you just pull the trigger. That’s why you can see up to now, there was no attempt of making an EA of this whole system, an adviser for any of those platforms, automatic adviser that does the deals for you. It’s not there. And the reason being because there is a lot of emotion involve, a lot of interpretation, and that’s what I’m gonna teach you later on, to know the motion of the market, the rhythm of the market. So it’s not going to turn 300$ in 30000$ in no time, it’s not gonna do that. In the beginning you gonna have some losses, than a few wins, and you might find yourself after a month that you are breakeven, but I would like to tell you, or say to you, if you after 50 paper trades have not made money yet, than there is something wrong with your money management. It’s not the system, that I can, if you worked through all those 280 pages, you will see, it’s all about management, it’s all about emotions. A lot of people, I see get into motion, what I mean by that is, they come and sit in front of the computer and they see there is some movement going on, don’t really know why or what, but it’s going up, so I’m gonna get in. And that’s when you get into that motion that you get slotted. Because that motion can go up and down. The 4 hour candle can run up 60 pips, it can run down 50 pips, and it can go up 60 again. That’s how the market works, so by that: getting into a candle, that’s busy running, unless you know why it’s running… It’s a different story. There are certain times where you enter the market, whether system shows you, it’s running up, you don’t know why yet, or you don’t know why, but you get in, but there are certain areas that give you that high probability trades. That’s where you want to enter the market.

What is this system really going to do? It’s gonna give you certain knowledge about the Forex market, especially in terms of price action and in terms of the motion of the market. People get involved without market and price action knowledge, and if you do so, you are looking for trouble. The MACD signal alone is not enough. You can not just act on the signal of the MACD itself and say right, it gives a signal, I’m pulling the trigger. You can not do that. You will see later, I’m gonna put a lesson about the anatomy of a trade. The order of the trade, the way you analyze it, the way you go about in your trade.

Right, the original document is still valid, I’ll come to that later on, but download all the attachments, if you go to the very first post on the system in the forum, you will see there are little stars, above the stars there is a paperclip, if you click there you can download all the attachments to the thread.

Introduction, part 2:

The original document and the Exercise, which you’ll find in post one, is still valid. It’s not that this summary, is by any means, canceling that out, it’s still valid. You’ve got to work through it, you’ve got to read it. All I want to say, that all these examples inside that document, I’m using there, was not given in the tend, that every trade has been taken, and that are perfect trades that you only trade that way. The only reason the document was given like that was to give you an idea of what was going on around the system. That’s why the system is difficult to follow, you have to read through the whole thread to get the grasp of it, the document alone can not, if I had to do that in wording, typing it down, I would have been sitting here for 2-3 month doing it. That’s why I was not prepared to did, it was prepared to sit every night, an hour or so, spend time with you people and develop the system as it goes. Have that interaction, because to me a piece of paper it dead, there is no emotion in. While someone is talking to you, you can hear his emotion. If he writes to you about specific questions, you can hear his mind. Where with a piece of paper you got to make your own perceptions of what a guy is really saying. So, that’s why I said the document only gives you a background of what the system is like, and then the rest of the thread actually develops that thing further.

You’ve got to practice the exercise, there is a pdf. document – Exercise, you’ve got to work through that, and really work through that! What I mean by that is go and sit down, write down, make yourself a summary, write it down. And then you take another piece of the graph, of any currency, especially the one you like, take a piece, analyze it, and decide for yourself in the similar fashion like that Exercise: how would you have traded that period, not just quickly with a mouth, oh yes, there is a MACD signal, and quickly that would have given me 20 pips… That is eyesight backtesting, but go and sit drown, draw trend lines, see whether MACD is giving a signal, do you analysis and write it down, and that’s the only way you are going to practice this thing is by doing that. When it comes to trading the Exercise part should have been finished already, you should work on money management, and you should work on emotions, when it comes to trading. When trading, when it’s on the floor, as they say, all the learning, all the practicing must have been done. This is a real thing now. What happens there, is decisions, money management and emotions.

Right, then the set-up of the platform I’m using MT4 (Metatrader 4), I’m in GMT + 2, currently with GMT shift + 1. Setting up of the Moving Averages – you’ve got to learn that, but the MACD indicator for the Metatrader is to be found on page 274, post 4101. It was on the previous posts as well, but I saw someone has posted it, so I just thought I would give it to you people, so you can download it. But what you can do, as I said on the previous introduction, you can go right in the beginning, you go back to trading systems, on the forum and then you find “the 4Hour MACD Strategy”, and when you get that, you will see that there are some stars on the right hand side, not really hundred percent on the right, let me just quickly have it open … Yes, it’s about sixty percent to the right of the page, you’ll see there is some rating, there are five stars and above stars there is a paper clip, and when you click on that, you’ll get all the attachments in the thread. Download those pdf. files and if you can download the mp3 (the zip file) - listen to them. Some of them might not make sense, because you won’t have the graph in front of you, but some of them are just normal info, and it’s very helpful. So, go and do that and make sure you understand all the signals. Don’t bother how it works, but that’s also in the document. I’m not going to spend very much time in the summary about the signals, I’m referring you now to the original document. Go there, study those signals, know them and what I’m going to do is later on is give the signals and give you the short code, like: the Trend Continuation – TC, Round Top is – RT, Round Bottom is – RB. Just to give you an idea, that when we talk about RB, you know it’s a Round Bottom. If I’m talking about R:R – is risk to reward ration, if I’m talking about RR ration – it means your risk/reward ratio. When you are prepared to risk 30 pips to make 30, it’s one to one ratio, that’s what I refer to if I say RR ratio.

Well, that concludes the introduction part 2. The next one will be the Tsunami, so see you there.

Source: (Phillip Nell “4 Hour Strategy (300 + Pips per Month))