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Filed Under: General Forex Trading Tips by: The Professional Bum

AsianWealth.com No-Brainer Forex Trading Tutorial : How to do Divergence Trading?

Hey guys, I made a couple of videos on this fantastic EUR/USD opportunity that’s happening right now. And it’s still not too late to get in at this time of writing! You haven’t missed anything yet!

It’s a 150-300 pip OPPORTUNITY!

Some settings you need are:

RSI (14), and CCI (14).

If you haven’t got an MT4 Software you need for trading, or want to be on the same one as I, go get yours at http://www.fxprimus.cc.

Refer to the videos for more.

Video #1

Video #2

Video #3 (featuring Trend Forex 2.0 method)

If you are not already on my mailing list, do get on http://www.asianwealth.com

For more Forex Trading Signals, do check out http://fxsignals.asianwealth.com

Filed Under: Uncategorized by: The Professional Bum

Russion WordPress Blog Spammers Are Morons! Un-Funny Broken English

http://www.asianwealth.com/blog OMG! I get so ANNOYED with those broken-English Russian blog spam on my WordPress blog- you know… they come from those **.ru sites? Un-funny broken english. Thankfully all my comments require first-time moderation. These posters are especially stupid because they wouldn’t even say something nice to get approved the first time. Probably, they just plonk a whole bunch of neutral Russian into google translate and then cut and paste rubbish that’s like:

“I know one more decision
Bravo, seems excellent idea to me is
I suggest you to come on a site where there is a lot of information on a theme interesting you.
What interesting idea..
I apologise, but, in my opinion, you are mistaken. Let’s discuss. Write to me in PM.”

“Excuse, that I interfere, but, in my opinion, there is other way of the decision of a question.
Even so
Interesting theme, I will take part. Together we can come to a right answer. I am assured.
The matchless message, is pleasant to me :)
Now all is clear, thanks for the help in this question.”

“I congratulate, what necessary words…, a magnificent idea
Willingly I accept. The question is interesting, I too will take part in discussion. Together we can come to a right answer.
Let’s talk on this theme.
I consider, that you are not right. I am assured. I can prove it. Write to me in PM, we will discuss.
Do not pay attention!”

“You are not right. I suggest it to discuss.
I can not participate now in discussion — there is no free time. I will return — I will necessarily express the opinion.
Yes, really. So happens. We can communicate on this theme. Here or in PM.
It’s out of the question.
Has casually found today this forum and it was registered to participate in discussion of this question.”

All so FUCKING CONTRADICTORY! Bloggers.. do you get that too? It’s so annoying. I prefer the

“????????????????? ????????????????????????????????????????? ?????????????????????????????” -type link spam.

http://www.asianwealth.com/blog

Filed Under: Forex Softwares Reviewed! by: The Professional Bum

Free Forex Webinar #2 – Starting in 59 Minutes!

I hope it’s convenient for you. James Lampert and team
are set to give you another Forex Webinar. Don’t miss
out the note-taking if you did the last time.

IT’S COMING UP AT 8PM (EST)!

http://freetradingmethod.asianwealth.com

When I listened in at 11am (EST) today, I thought the
Q&A segment was especially good. Many common
questions got answered. In fact, if you have a question
on the “Money is Plentiful” trading method, or “The 5
Giants of Unstoppable Profits”, or the Freedom Forex
way of trading – as practiced by a limited 15-member
sanctum, there is even a chat box where you can type
in your question, and click “send” to submit. Do tune
in and hope you get the most out of it.

http://freetradingmethod.asianwealth.com.

He did go through some of the old material in the first
15-20 minutes of the session this morning, but
nonetheless a good reinforcement to hear again. In
case that dulls you, just do something else and listen
in the meantime. Thereafter, that’s where more
content comes in.

I’m not sure if today evening’s session is going to be
any different from morning. So do check it out!

http://freetradingmethod.asianwealth.com.

Cheers,

Julian Wong
a.k.a.
The Professional Bum
www.AsianWealth.com
www.AsianWealth.com/blog

P.S. Those trading today will find that there’s quite
shitty sideways movement today. Not fun at all for
position trading. Without a clear trend, not so cool
for scalping either. Use small conservative lots, and
if in doubt, hedge your position (simultaneous buy +
sell) to protect your investment until clearer direction.
If your broker does not allow hedging, you should
try http://www.fxprimus.cc. I’m expecting a drastic
movement to come up.

P.P.S. John Simons’ indicator “Traders Pro Elite” is
quite good!
(Download FREE@ http://daytrader.asianwealth.com)
Better than Forex Kagi’s giveaway system, even
though I thought the latter did a pretty good job
with their smart Forex Kagi system. Read the
review here:
www.asianwealth.com/blog.

Filed Under: Forex Softwares Reviewed! by: The Professional Bum

Optimal Settings for Forex Maximizer by Julian Wong

Congrats for deciding on purchasing the Forex Maximizer by
Kevin Long.

If you picked up the software on the day of its launch, you would
be in a healthy profit by now. Week one fielded 7 wins and only
2 losers.

However, if picked up your copy only this week (starting May 16),
you might have seen some loss trades that may be discouraging
to you, especially if you’re a new trader.

Nonetheless, rest assured I’m also running Forex Maximizer on
my virtual server (which I’ll mention later in this email how you
can get for free), and I’m keeping tabs on winners and losers.

Forex trading is something for the long haul. Surely, there will be
losses, but it is in our interest, and may interest for you to make
more winners than losers. Most importantly, a good trader knows
how to stay in the game, without having to risk more than his
initial capital.

Thus, I shall hereby give you some settings to optimize your
trading for Forex Maximizer.

OPTIMAL SETTINGS FOR FOREX MAXIMIZER (GBP/USD)
Courtesy of Julian Wong.

Acc Size: Lot Size: Price/Pip:
US$500 0.01 $0.10
US$1000 0.02 $0.20
US$1500 0.03 $0.30
US$3000 0.05 $0.50
US$5000 0.12 $1.20
US$10000 0.23 $2.30

*Notes: These lot sizes refer to Standard lot. If your account is
running as a Mini Account, please increase by one decimal
spacing respectively. i.e. 0.12 lot size for $5000 account
becomes. Most importantly, please check with the price/pip
movements to see if they resemble the above estimates.

**Notice that I propose being more conservative at larger acc
sizes.

OPTIMAL SETTINGS FOR FOREX MAXIMIZER ADVANCED
(GBP/JPY)

Acc Size: Lot Size: Price/Pip:
US$500 No Trade No Trade
US$1000 No Trade No Trade
US$1500 0.01 $0.10
US$3000 0.02 $0.20
US$5000 0.04 $0.40
US$10000 0.08 $0.80

ATR: Leave as default of “40″

UseBeStoploss: True

BE_After: 30 (default)

Breakout Spacing: 4

*Note: According to backtest and forward test, the GBP/JPY
is highly profitable but also highly erratic. In historical testing
while it is profitable on longterm, you may see some balance
fluctuations occur alot in the short term. Thus, I’d rather you
scale your losses and winners for more account stability.

ADDITIONAL ROBOT FOR YOUR DOWNLOAD

In addition, I have included as an attachment a Third robot
for your download. This is for the EUR/USD pair. Apply this
to the 1H Chart. Set Money Management = False, and follow
similar lot size recommendations as the Forex Maximizer
(GBP/USD). Fairly consistent and has been making money
regularly over fairly long period.

FOREX MT4 Broker / Demo Account

I didn’t really bother with the $500 trading incentive offered,
as you’d have to hit 60 bloody round trade lots to get that.
That’s just not practical.

The broker I’m using can be found at http://www.fxprimus.cc.

Low spreads, Support Hedging, Partial Closing, High leverage
of to 1:500. They also offer Straight Through Processing, and
No-Limit Hedging functions. http://www.fxprimus.cc is very
good on the GBP/JPY pair trading, with lowest spread of
2 pips! I suggest you go for either the “Variable Spreads” or
the “ECN” account type – depending on how much fund you
intend to trade with.

FREE VPS HOSTING

Please… please… please HOST your EAs! It saves your PC
from over-heating, doesn’t fight with your other applications
for memory and internet bandwidth usage, or risk your trading
getting thwarted by bloody Windows Update REboot, power supply
Cut, or your nosy sibling or Mom – and why not? Especially
when it’s FREE! Read for details at
http://www.forexpipmaker.com.

That’s all for now. Any questions please write me. I’m more
than happy to help and advise.

Please make the respective changes before trading resumes
Sunday evening.

Good Trading,

Julian Wong
a.k.a. The Professional Bum
www.AsianWealth.com
www.AsianWealth.com/blog

Preferred Broker: http://www.FxPrimus.cc
Preferred VPS: http://www.ForexPipMaker.com

Filed Under: General Forex Trading Tips by: The Professional Bum

Is Lower Forex Leverages Going to F*** Your Forex Trading Over? – Here’s What You Can Do…

http://www.asianwealth.com. Julian Wong, a.k.a. The Professional Bum and author of the highly-imitated “The MOST No-Brainer Forex Trading Strategy, Howto Do The ‘Trend Scalp’” video, briefs you about the horrifying prospects of your US-based MT4 Forex Broker in the face of impending forex trading leverage cuts – and what you can do about it. Read the full-text article at http://www.asianwealth.com/blog.

If you are sick of those finicky “re-quotes” in MT4 with your existing forex broker (GCI, FXCM, FX Solutions, Alpari, etc)., sick of daily hedging limitations, sick of your broker trading against you, sick of having to repeatedly bug your broker for your cash withdrawal, sick of your trader dropping your leverage again, and again, and again, check out http://www.FxPrimus.Cc

Filed Under: General Forex Trading Tips by: The Professional Bum

The MOST No-Brainer Forex Trading Strategy, Howto Do The “Trend Scalp”.

Hey folks.. I made a new video today on a method I personally found.

http://www.asianwealth.com. Forget Elliot Wave, Jason Fielder’s Correlation Secret, LMT Formula and the like.

This is the Most No-Brainer of All Forex Trading Strategies, the “Trend Scalp” courtesy of yours truly, Julian Wong, The Professional Bum.

Hope you find this useful to you!

Do leave your comments if this worked out for you. Today I did 14 trades using this, and profited 11 times, loss 3 times. Very effective!

Filed Under: Trading FAQ by: The Professional Bum

Response to Email Question: What is the Best Time to enter trades?

On Thu, Jun 18, 2009 at 8:12 PM, Peter wrote:
Greetings Julian

Thankyou for your reply.
Certainly very bright colour of the software indicator here.
- Hide quoted text -
Can you let me know which is your best time to enter the trade.
Perhaps, could fly to meet you.

I’m in Thailand zone timing.

Thankyou
Peter A

———————————————————————————————-

My reply to Peter:

Hi Peter,

I can only tell you that for the
Trend Shadow system, best time is 10.30pm-3am (Singapore Time, GMT +8.00).

When entering at that timing, I find that you get less “trading noise”, i.e. inaccurate signals due to irregular movements.

Whereas for Trend Forex 2.0, if you’ve been looking out and second guessing yourself if there were opportunities within the last 24 hours, no there weren’t – at least not on the 1H and 4H. So don’t be too hard on yourself! Hahahaha. Many of the currency pairs were testing their respective resistances. Given the frequency, I do expect a breakout in the direction past the resistance. You may use some breakout trading methods to capture this movement.

If there’s no trend in place, don’t try and imagine a trend and do something stupid. Many traders make that mistake, including me, just the day before!

Read your Ebook on “Trend Cross” which came with the Trend Forex 2.0 Bundle (Those who haven’t gotten their Trend Forex 2.0 – it’s OFFICIALLY SOLD OUT, however, unofficially, you may get it at http://www.asianwealth.com/trendforex.html). it’ll be useful for sideways days like today.

Cheers,

Julian
www.asianwealth.com

Filed Under: Forex Softwares Reviewed! by: The Professional Bum

My First Trade on The Trend Forex 2.0 System Review – 2 Hrs & 3 Hrs Update..

Another video from http://www.asianwealth.com

In this video, watch as I live-trade on Trend Forex 2.0.

This is a 2 and 3 hrs update on the earlier video posted. Click http://www.youtube.com/watch?v=dzX0Ii… to watch the earlier video where I was placing the trades.

Get a special link to get it immediately upon leaving your name and email at http://www.asianwealth.com.

The direct link is,http://www.asianwealth.com/trendforex.html (click or cut n paste)

Please leave your feedback or questions below.

Filed Under: Forex Softwares Reviewed! by: The Professional Bum

My First Trade on The Trend Forex 2.0 System

Another video from http://www.asianwealth.com

In this video, watch as I live-trade on Trend Forex 2.0. Get a special link to get it immediately upon leaving your name and email athttp://www.asianwealth.com.

For more info from the creator, the direct link is,http://www.asianwealth.com/trendforex.html (click or cut n paste)

Any questions or comments? Do list them below so I can answer you best.

Filed Under: Forex Softwares Reviewed! by: The Professional Bum

Special Howto Inside Report on Trend Forex 2.0

Another video from http://www.asianwealth.com – your place for FREE Forex Tips, Ebooks and Softwares.

Here’s an inside howto look on Trend Forex 2.0, touted as the Best Forex System of 2009, as reviewed by Julian Wong, a.k.a. The Professional Bum of http://www.asianwealth.com