TRADING APPRENTICE

Rashmat Puasa...

noreply@blogger.com (sulhi) — Mon, 31 Aug 2009 15:00:00 +0000

Mates!! Selamat berpuasa ALL!!!

2 trades today on M15.
- break of trendline + 3 abs = 10 pips bull
- BB + retrenchment = 20 pips bear

I tought i miss a bubu. But then after ACTUALLY missing it, then i realised, the initially thought bubu was not actually a BUBU!! Few candles after WAS actually the BUBU!! hehe... o well... there is always tomorrow. This is not a sprint... it's more like a never ending run.. so.. be patient =D

SELAMAT BERSAHUR y'all!!

OFFSHORE TOMORROW!

noreply@blogger.com (sulhi) — Wed, 22 Jul 2009 16:32:00 +0000

Assalamualaikum Mates!

Last week has been a good week for trading. Was in 5 trades with all positive trades. Alhamdulillah. Main entry strategy was 3 warriors + trendlines (triangle) + activation of bubu. =DD All in all caught 50+ pips... 10pips per trade.

It seems like I'm still paranoid of taking more pips in a single trade. I've estimated most of the trades to go longer, but decided to set my TP to 10. I've been pipping pretty defensive rather than aggressive like before. Nevertheless, this has helped my psychology a lot! 10 pips per trade.. ALHAMDULILLAH~~ insyALLAH when I've acquired more advance knowledge or better understanding of what I've been taught recently, I'll be able to harvest more in the near future.

I'm having migraine. I'm off to bed mates. Early flight to a pontoon tomorrow. I see you all in two weeks! Take care and be safe!

IT'S BEEN A MONTH?!

noreply@blogger.com (sulhi) — Wed, 15 Jul 2009 17:54:00 +0000

Dear readers (if any huhu),

It's been month since I last updated this journal.. Well, 1 day shy though. Neverhtheless the spirit of Pipping never dies. Just that I'm caught up with other things in life e.g. finally (almost) fully utilising the online experience of my PS3, unfinished reporting from work.. and more reporting.. and more reporting, catching up with mates that are here for thier summer hol's and etc.

Playing C.O.D World At War is AWESOME!. Well the zombie and online TDM are beyond cool.. hehe you guys should get it (this game has been out since last year!)

Few updates regarding my trading journey:

- I have a total of 6 mentees right now who all are pipping awesomely. The most recent recruit is a college students\ studying in.... well somewhere in States! He was an e-stock trader before (could be IS STILL) and now has discovered something mind blowing to him! GOOD ON YOU MATE!!! I'm happy that I helped another person to reach one of thier goals in life.

- I am officially an UDA in orangeroshan community. Alhamdulillah.

- Harvested 10 + 18 pips recently with TP and BB as exit strategy

- Sultan MURKA! *BOWH*

- I REACHED LEVEL 18 IN SHI NA NUMA!!!!!!!! (Call Of Duty related)

Monday gatherings in Au Lait just started again. I feel more comfortable joining the Monday gathering with my mentors and mentees. It was goodto see ALL 6 of my mentees came last gathering. FIt was the FIRST time ever I sat in a room with all 6 of them and i hope I've helped them in one way or another that day.Hope to see all of them next monday in Au Lait.

Anyway... GO BULL!!! *end*

WEDNESDAY IS THE OFFICIAL MEETINGS DAY

noreply@blogger.com (sulhi) — Wed, 17 Jun 2009 14:28:00 +0000

Drove down to seria last night and slept over my new cozy flat. Thanks to herman, amy, azz and ihsan for making that place awesome. Very neat! Less of a bachelor place though. Huhu

Anyhow, the trend this week is pretty amazing. After making some backtesting from the knowledge shared last Monday, I can see myself singing the right rhythm again! Just like the first few months I was trading. ALWAYS ALWAYS ALWAYS, do NOT ever leave out the basics. They are the foundations for all the advance filters / techniques.

I got an advise to be shared with all of you. It came from a well respected and senior member of OR community. He saw one of my trades. He reminded me that, when we are in a trade, we HAVE to either;

- set a take profit

- set a trail lock

OR
- watch / baby-sit the trade

He strongly believes that we do not know the ULTIMATE direction of the market, hence it's HIGHLY not recomended to leave the trade while trading. I totally agree.

Hint for this week: Panda.. I mean Beruang!! Huhu

Oh, before I forget, news from work today is that, EVERY WEDNESDAY there will be 2 compulsary meetings to be attended. Attendence will be taken lagi tu!! Macam lah zaman skulah dulu...

I miss my group gathering tonight 'coz I don't feel fit to be out. Hence decided to stay in and rest. Hope I wouldn't get sick....

MUNDANE MONDAY

noreply@blogger.com (sulhi) — Mon, 15 Jun 2009 17:37:00 +0000

Mates, PA on BLACK. Stay out of it, if you know what I mean.

Anyways... just got back from a VERY fruitful meeting with my dearest mentors (notice the S??). The feedbacks i got were unbelievable. If those who knows about trading but have yet to join the group have been given such knowledge, abis tia... Like my mentor would say 'It's criminal'. It's so powerful that without strong physcology would leads to great depression. Hence my advise to those who have not learnt orangeroshan trading system, I'll lend my hands to get there.

I have friends who make fun of what I do. I do feel offended at times. Nevertheless, what hurt me more would be the fact that they actually making fun of a fool which actually made an effort to become better. Why in the mentality of Bruneian minds do I want to earn more than what my job is paying me? Well to MOST, my earnings is well beyond comfortable for a bachelor. To me, it is, but to achieve what I want in life, I need more hence I work extra. As I only believe that only your sweat (hardwork) can re-pay you with what you do now in the future.

People love to talk about how successful other people are BUT seldom question how they did it. If they do, they always presume that:

a) He/She comes from a rich family

b) He/She is the bosses best friends.

RARELY we hear that people would say, he/she worked his/her way up. Why is that? It makes the gossip more interesting hence long lasting than admitting the actual fact hence celebrating.

We'll catch up again soon when I paint raindows and stars on your day.

HAVE YOU TURNED ON THE CHAINSAW???

noreply@blogger.com (sulhi) — Mon, 08 Jun 2009 14:09:00 +0000

Hehe the title is related to a story passed down to me by my dearest and helpful *at times padih-padih jua cakapnya* sub-mentor who got it from Sir OR himself. It's a good story without realising that maksud tersirat of the story is very much related to me! Hahaha it's about utilising the tools that you have with the right mind set. I must admit, i have the right tools AND the right mind set... BUT... distraction... noises... over analyzing in short, made things looked complex.

Last week, was very hard to follow the PA from my point of view. I was chased by those bulls!! Damn i thought i was hunting for bears. I ran so fast and luckily Usain Bolt gave me some tips as I learnt it from YouTUBE the night before! True story... *wink* In short, I've made some eventful but more uneventful hunting tour last week. Going back again to the title, yes i forgot to turn on the chainsaw. Hehe macam mana pokok-pokok mau tumbang tu lai-lai.

Lesson learnt:

A) Minimise or DO NOT at all enter a trade whilst working ( but i work differently... 24hrs coverage for 2 weeks!! eheh regardless, I should have just watched and backtest)

B) Go back to basic if the higher level systems are still can't be grasp fully.

C) TURN ON THAT GOD DAMN CHAINSAW and start backtestin again ;)

Anyway, I'll be having my 2 weeks off soon. Got to start, I mean seriously start, and get the ball rolling in finishing up my 'assignments' before my big exam next year! That only means 2 thing:

1) More time to study

2) More time to backtest too!!! Wakekekek

A good friend of mine, Maria and Pablo, offered me one of the rooms in their flat in Seria. Now i got a place to stay over!!! Inda payah tidur atas sofa urang like before. Hehe

Looks like this week might be slow for me in term of trading. Work doesn't pile up where i work. It's executed right away.. BUT more to be done now than past weeks. Hence, will be more focus on my current duty and trade once the off weeks starts!

ADIOS!

It's the bear attack!

noreply@blogger.com (sulhi) — Tue, 02 Jun 2009 15:15:00 +0000

To readers who have joined any of the gatherings, you must have known that Mr. Bear and his gang will be going for a full on attack to human race! At least for the next few days! I can see it, can you?? Well to does who understands it, please be careful of trampoline effect. When curiosity can kill you like it does to cats, drop me a short note.

Nevertheless , alhamdulillah, caught and 'salai' (BBQ-ed) 23 bears today. Hooray~! Caught them based on one of the system named after a local fishing techique called, BUBU. I know you guys might be wondering how a bear can fit into a BUBU. Well, it fits 'coz the right mentality was put into it. Hence, make a bigger size BUBU!! (Does it make sense? haha)

To those who doesn't know or never seen how a bubu looks like, check out the photo below. I save your image Googling time.

Told you it can be of any sizes? Sometime a fat bull, well more like a FARM of bulls can fit into these. True story...

Night y'all!!

Dear Hunters, be careful of the BEAR out there.

noreply@blogger.com (sulhi) — Tue, 02 Jun 2009 02:34:00 +0000

Mates~ how was the long weekened (for those readers in Brunei)? Had enough rest or your credit card need a rest? Hehe I spent it by watching Gossip Girl season 2!!! HAH! And I woke up to a big 'safe' flames outside my office. Sweet~ Sigh.. (wish i was hanging out o strolling down orchard with the others..)

Dragon-BIMA

Without further due, lets see what we have in 'store' for this week!

Monday.. Oooo monday... Not a day that I would trade* (refer back sub-mentors regarding this). Nevertheless, since it was trending last Friday, we can assume yesterday was also a trending day. Up to my current knowledge, it's better to be safe by not trading on Monday. 'Coz we do not know the movemnet of PA over the weekend.

I must say, temptation was there though. Just look at it. A good solid buying candles. Those who've been to one of the gatherings might know why *wink* (when masih inda paham for those yang gathering sudah... go back to basic understanding *double wink*). Only when I have learnt and understand enough of the movement for Monday's PA, I'll go for it in the future. That was a GOOOOOOOOOODDDDD 400 over pips last night. For those who went in, Alhamdulillah and awesomeness beckons you. Hehe

I have a strong feeling that the PA will drop. Don't take my word for it. Let see where it goes after tea break later this afternoon ;)

GREED or is it GRAB 'N' GO blindly or both?

noreply@blogger.com (sulhi) — Fri, 29 May 2009 13:02:00 +0000

Mistakes and carelessness are something that we should look at to improve ourselves. Without it, we will never learnt. Without it too, we would never get better. However, WHEN the mistakes arerepeated, take some time off and reflect on it. Sometime it could safe atleast a live. =D

Lesson to be learnt:

- Try to obey the earlier set trendlines, especially those which have been set days earlier. Only update when nescessary (*check with sub-mentors if unsure)

- Do not rush into opportunities (one of my 'special' abilities)

- Get out before 'resource' is depleted and when you realise it's heading the opposite direction.

- REMEMBER, always be grateful.

Nevertheless, I shall not dwell on this experience. I would share it personally with those interested. Also a good advise, try not to trade the day after. Just take some time off to straighten up our mentallity.

That aside, that was a big relief to let off. This week has been kind. Still no wear close to the magic trendsetter. Hope the trend continues until next week.

To those who celebrate gawai, SELAMAT MENYAMBUAT HARI GAWAI, to all Iban friends. Not to forget to those ASKAR ASKAR out there, SELAMAT MENYAMBUT HARI JADI ASKAR!!! BARISSSS!!!!! Hehehe

Until next week... assalamualaikum.

A Heli brought me here

noreply@blogger.com (sulhi) — Thu, 28 May 2009 12:24:00 +0000

Alhamdulillah... Yet another good trading day. The magic of BLUE works well today. Check it on H1 after it locked. Harvested 16 pips. Syukran..

Damn I'm sleep deprived 'coz was up watching Barcelona vs Man Utd. Lets not dwell on that or else it might upset some of the readers if not ME!!!

Looks like my plan of getting off this transformer-ish place earlier might not happen. I might be in for the whole 2 weeks. Nevertheless, it's not like I don't get connectivity on my Go! Broadband here! Huhu

For my friends heading across South China Sea, happy shopping!!!! Ingati ku dalam usin-usin dan credit card kamu. Haha

*updated 2130hrs*

One word... GREED... *Gulp* tomorrow is a new day. GOODNIGHT!

Wednesday Afternoon Assessment / B[7] Birthday

noreply@blogger.com (sulhi) — Wed, 27 May 2009 03:20:00 +0000

It's a no trading day today. However, the PA seems to set itself for a bullish market. Hope it stays this way so we all can be happily traidng tomorrow! Hehe

- The lower BB has kinked upwards

- Upper BB seems to be widening even more

- Overall direction is still bullish (agreed in M15, M30 and H1)

ON A SEPARATE NOTE.....

Would like to take this opportunity to wish the most ACTIVE Bernazz bro, Qamarul, on his 24th birthday today!! WOOHOO~!!! FREE LUNCH AT SHIKAI RESTAURANT!! Crispy duck here I come!

B[7]'s machine..

Morning of futsal and failed badminton plan

noreply@blogger.com (sulhi) — Tue, 26 May 2009 15:40:00 +0000

Traded in M30 on the golden Monkey. Saw an opprotunity for bearish BUBU where maximum (during point of entry) was 18pips.

- 3 abs was activated a candle earlier

- Awang BIRU was on its way down

- Activation for Bubu

- Entered trade with 16pips to be harvested (just to be on the safe side hence 2 pips less than max)

- Lot size was 0.2 (since predicted market for this week is bullish)

ALHAMDULILLAH trade was completed and obtained the said pips.

Could have stayed longer using stop-loss method. However, i made prior plans with mate sto play futsal and badminton with missus. Got caught up with trading, forgot to wake the missus hence no badminton and 'late' for futsal (Inda jua akhir lah since janji melayu semua hahaa)

PA when down later in the afternoon. Touched the Mr. Hitam. Hence no more trades for the day and tomorrow. Nevertheless, ALHAMDULILLAH... opportunity for other matters to be attended.