Sunday 2 September 2012

Practical Forex Course Scheduled for 2nd Mar 2013

ForexFoundation
Learn the characteristics of the 4 major currency pairs
Timing to trade for each major pairs
Time frame and your trading
Charting Knowledge
Trade and Money Management
Trend identification (uptrend, downtrend) and confirmation using reliable technical indicators
Use of selected trend following indicators and oscillators
Support and resistance identification

Powerful Strategies
No. 1 – Modified Duck Trading System
No. 2 – PMA Trading System
No. 3 – Modified Duck Reversal
No. 4 – Fibonacci Trading System

Best time to trade with these strategies
Indicators, templates will be provided for every students.


Course Duration and Support
1 full day of Classroom Lesson ( 10am to 6pm)
2 nights of practical online tutorial training (7.00 pm to 10.00 pm) where students get to see and apply trading system taught in real time market condition.

Email support: send your questions direct to the trainer and get them answered
Post your questions and share trading tips in our forex forum
Receive useful information via email

Dates:
Classroom Lessons 2nd Mar 2013
Time 10am to 6pm
Venue: Realty Center (Please bring your laptop on the day of the course)


Online Trading Tutorial Lesson
Time:7.00pm to 10.00pm
Dates:5th and 8th Mar 2013


YourInvestment:$1000

Wednesday 27 June 2012

Practical Forex Course Comencing on 10th July 2012

ForexFoundation
Learn the characteristics of the 4 major currency pairs
Timing to trade for each major pairs
Time frame and your trading
Charting Knowledge
Trade and Money Management
Trend identification (uptrend, downtrend) and confirmation using reliable technical indicators
Use of selected trend following indicators and oscillators
Support and resistance identification

Powerful Strategies
No. 1 – Modified Duck Trading System
No. 2 – PMA Trading System
No. 3 – Modified Duck Reversal
No. 4 – Fibonacci Trading System

Best time to trade with these strategies
Indicators, templates will be provided for every students.


Course Duration and Support
3 nights of Classroom Lessons ( 7pm to 10pm)
3 nights of practical online tutorial training (7.00 pm to 10.00 pm) where students get to see and apply trading system taught in real time market condition.

Email support: send your questions direct to the trainer and get them answered
Post your questions and share trading tips in our forex forum
Receive useful information via email

Dates:
Classroom Lessons 10th, 11th and 18th July 2012
Time7pm to 10pm
Venue: SMU (Singapore Management University) (Please bring your laptop on the day of the course)

Online Trading Tutorial Lesson
Time:7.00pm to 10.00pm
Dates:19th, 24th and 26th July

YourInvestment:$1000 (before 7th July, early registration discount)
$1300(Fm 7th July 2012 onward)

Sunday 3 June 2012

Spain = Greece Replay

My Comments
Spain is seeing huge amount of withdrawal from its banking system. It will need to recapitalize its banks if the withdrawal persists. Spain has not much money and will need to borrow from the financial market. But its cost is now at close to 7%. This was the rate that push Greece into a international bailout. Spain is being push towards international bailout.
The euro fell to as low as $1.2324 on trading platform EBS at one point, its weakest since July 2010. It last fetched $1.2345, down 0.1 percent on the day, with a drop towards $1.20 likely as bears remain firmly in control.The drop in the common currency came as Spaniards sent money abroad in droves, worried about the health of the banking system.
Bank of Spain data showed a net 66.2 billion euros ($82.0 billion) was sent abroad in March, the most since records began in 1990."It is looking very bearish for the euro with the latest capital flows data showing a significant amount leaving Spanish banks, all of which indicate they will probably need official help," said Peter Kinsella, currency strategist at Commerzbank.Any help from the European rescue fund for Spain would mean an additional tax burden on Germany, Europe's paymaster, and could hurt the safe-haven status of German bunds, he added."It is not a situation where there is much help for the euro and chances are it is headed towards $1.20."With German two-year yields near zero, traders said a lot of safe-haven flows have, so far, stayed within the single currency area.
But if that were to change, the euro's decline against the dollar and the yen could accelerate considerably.The euro's selloff has gained steam this week as Spain's borrowing costs surged on worries it may need to issue more debt to recapitalise its banks, adding stress to markets already frayed by anxiety that Greece may exit the euro zone.The rising borrowing costs risk pushing Spain towards an international bailout.
The yield spread between Spanish 10-year government bonds and German Bunds have risen to euro-era highs this week, and the euro has fallen almost in lock step with that move."We're looking for $1.18 by the end of Q3, and at this rate, it could happen before that," said Callum Henderson, global head of FX research for Standard Chartered Bank in Singapore."During this risk-off environment, the U.S. dollar is the only place to be," he added.

Wednesday 16 May 2012

Nicholas Tan Forex Trading Course: Advance Practical Forex Trading Course

Course Objective
1. Find earlier turning point with price action and price patterns
2. Find better turning point with strategies overlay
3. Add trading strategies with Turtle Soup, Dual BB with Stochastic and 3CR Hook
4. Hone trading with Practice on live real time online trading demo.

Course content
1. 4 Characteristics of price movement
2. Micro price patterns. Flag, M and W
3. Additional Trading Strategies, turtle soup, Dual BB with Stochastic and 3CR Hook.
4. Combining strategies for better entry and exit.


Date 4 June 2012 and 5 June 2012 Classroom Lessons
         12 June 2012 and 19 June 2012 Online Practical Trading
Time 7-10pm
Cost $1000

Saturday 12 May 2012

Nicholas Tan Forex Trading Course: Fibonacci with Bollinger Band


In this course, participants will learn to incorporate Fibonacci Retracement and expansion with Bollinger Band into their repertoires of trading strategies and techniques. Besides learning the usage of Fibonacci and Bollinger Band, participants will learn how to incorporate both techniques to get a better trading signal.



The course consists of 3 parts. Part 1 is on the Fibonacci indicator, which has 2 standalone trading systems on its own by using the retracement and expansion. Part 2 is on the Bollinger Band, its usage, strength and its limitations. A dual Bollinger Band trading strategy is also included in this part of the course. Part 3 of the course is on combining these 2 indicators into your trading plan and strategy. The Bollinger Band pullback strategy will also be taught to participants.



Details of the course

Part 1 Fibonacci Indicator

1.   Fibonacci Retracement Usage

a.   The Fibonacci Trading System

2.   Fibonacci Expansion Usage

a.   The Fibo ABC Trading System.

Part 2 Bollinger Band

1.   Usage, Strengths and Limitations

2.   Hints from Bollinger Band

3.   The Dual BB Trading Strategy

Part  3 Combining Fibo and Bollinger Band

1.   The Bollinger Band Pullback Trading System




Date:  30 May, 2012 from 7pm to 10pm.


Venue: SMU (room to be advised)

Course Fee: $300

Recruitment starts on 15 May 2012


Closing Date 29 May 2012




Note: Participants should have a basic knowledge of Forex fundamentals. This is a technical indicator workshop and participants with at least a basic knowledge of charting would benefit greatly from this course.

Monday 23 April 2012

The political landscape in Europe will be in focus following weekend events in France and the Netherlands. The first round of the French presidential elections held Sunday confirmed that the two front-runners, President Nicolas Sarkozy and opposition candidate Francois Hollande will go on to the second round. The preliminary results showed Hollande ahead with 28.8% of the votes, compared with Sarkozy’s 26.1%. If elected, Hollande will call for the renegotiation of the European treaty on fiscal discipline.
And in the Netherlands, early elections look likely, following the collapse of budget talks.
Meanwhile, traders note a degree of caution ahead of meetings by the Bank of Japan and the Federal Open Market committee late in the week, both of which could announce new easing measures.

Wednesday 18 April 2012

By Kelly Bit
  April 17 (Bloomberg) -- John Paulson, the billionaire
hedge-fund manager seeking to reverse record losses in 2011,
told investors he is shorting European sovereign bonds,
according to a person familiar with the matter.


   Paulson, 56, said during a call with investors that he is
also buying credit-default swaps on European debt, or protection
against the chance of default, said the person, who asked not to
be identified because the information is private. Spanish banks
are of particular concern as their holdings of the country’s
debt and client withdrawals make them overly dependent on
European Central Bank financing, Paulson told investors.


 
Paulson, who manages about $24 billion in his New York-
based firm Paulson & Co., lost 51 percent in one of his largest
hedge funds last year after making an ill-timed bet on a U.S.
economic recovery.
In February, he said that the euro is
“structurally flawed,” and will eventually fall apart,
according to a letter sent to investors.
  

   Concerns that Spain’s position will deteriorate amid the
sovereign-debt crisis in Europe have spurred a surge in the
nation’s borrowing costs this year. Credit-default swaps
insuring Spanish government debt rose yesterday to a record in
London, according to CMA, a market information firm in London,
signaling deterioration in investor perceptions of credit
quality. Yields on the country’s 10-year bonds climbed to the
highest level since Dec. 1 earlier yesterday.

 Spanish Banks

  Spanish banks’ borrowings from the ECB jumped by almost 50
percent in March, reaching the most on record, as lenders tap
emergency loans and channel some of it into sovereign debt
purchases, according to data from the Bank of Spain.


   Paulson became a billionaire in 2007 by betting against the
U.S. subprime mortgage market. Armel Leslie, a spokesman for
Paulson & Co., declined to comment on the hedge-fund manager’s
call with investors.

   Paulson told investors the firm formed risk oversight and
portfolio review committees during the first quarter. The
committees meet weekly in order to review the hedge fund’s
individual positions, the firm’s financing, regulatory matters
and other topics, the person said.

   At a recent meeting, one of the groups discussed the firm’s
investments in gold equities, which contributed to losses this
year through March for Paulson’s Gold Fund and Advantage funds.
The committee concluded that the firm’s weighting in stocks tied
to the metal should remain unchanged because they are
historically inexpensive, although there may be alterations to
the size of individual positions, the person said.

   Paulson said he took a portion of his own money out of the
$6.8 billion Credit Opportunities Fund and put it into the $1.2
billion Gold Fund, which can buy derivatives and other gold-
related investments, and the $8.3 billion Advantage funds, which
seek to profit from corporate events such as takeovers and
bankruptcies, according to the person and a year-end letter that
the firm sent to investors.

Thursday 5 April 2012

Spain Not Greece Is the Real Test for the European Union - Bloomberg

Reasons are given, which is very convincing. Yet those reasons are so simple. With high unemployment, shrinking GDP, how is Spain going to meet its target?

Spain Not Greece Is the Real Test for the European Union - Bloomberg

Wednesday 4 April 2012

Top Traders of 2011

All the best traders will tell you that the most important aspect of being a successful trader is strong risk management. But they are referring to market risk: Not having too much leverage, having defined exits, not being overly concentrated in one market and avoiding illiquid markets

Link Top Traders of 2011

Monday 2 April 2012

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