SpeedWealthBiz or SWB Trend Trading Strategy

[alansim]

99% of the seminars are out to make PROFITS $ only. There are so many FREE financial stuff floating on the internet. Seriously i wouldnt pay thousands of dollars for any forex/ stock market course.

[JasonKwok]

I will upload the csv files, you will receive tonight or tomorrow morning.

 

My friend told me he is actually trading 20 pairs live (not sure true or not), start with min 30K, using IBFX AUS levelage 1:100.

AUD/CAD

AUD/JPY

AUD/NZD

AUD/USD

CHF/JPY

EUR/AUD

EUR/CAD

EUR/GBP

EUR/JPY

EUR/NZD

EUR/USD

GBP/CHF

GBP/JPY

GBP/NZD

GBP/USD

NZD/JPY

NZD/USD

USD/CHF

USD/CAD

USD/JPY

 

I guest later I will become Indo Investasi version Mr.Loo...........lol

 

Thanks Cubicrey. You will be much better than Mr Loo.... ;-)

 

I prefer the 5 major pairs and EURJPY if too much trouble to upload all the 20 pairs. No hurry.

 

Have a nice long weekend over there. :-) Depavali, right?

[cubicrey]

Hi ,

 

Here are all the 20 pairs csv file, unzip to the place where u easy to remember because you need to locate the csv files later during the import process.

 

http://www.multiupload.com/ZWAFPN96JN

 

Here is the list of 1st candle's date and open price for 20 currency pairs in Daily and Weekly time frame

http://i630.photobucket.com/albums/uu24/cubicrey/HistorycenterData.png

 

 

Here is the procedures to import the csv file

 

 

Step 1

======

 

Press function key [F2] to open History Center

 

Step 2

======

Expand the MiniForex

Double click the currency pair AUDCAD in order to see all the time frames

 

Step 3

======

Double click (must Double Click) the Daily(D1) to make sure the D1 History data shown inside the right hand side window pan.

 

Step 4

======

Select the button [import] at the bottom of data Center Window and then use the button [browse] locate the file named AUDCADm1440.csv. After that press [ok].

 

Step 5

======

Goto the Data Window, follow the list given and locate the candle dated 2005 06 13 with the open price = 0.9537

 

Step 6

======

if you find any data older then 2005 06 13, delete them all till the bottom.

 

Repeat Step 2 to 6 for other currency pairs and come back again to do the same for the Weekly time frame.

 

Cheers

 

R

 

Update: I will give the reading of the latest Renko Value after Friday Market closed. After Market closed everything is easy to check, and you need to make sure after import the history data, the latest renko value will be the same with Mr.L.

Edited November 4, 2010 by cubicrey

[JasonKwok]

Thanks Cubicrey.

 

After imported the history data, the renko chart seemed to be in consistent with M.Loo's blog about moving the SL for this pair.

 

If I move the mouse pointer over a renko brick, a text box appeared with the date of the renko brick was formed. So, we dun have the confusion on when the brick was formed if we look at the chart any time of the day.

 

%5Bimg%5Dhttp%3A//i1181.photobucket.com/albums/x427/jasonkwokfx/Text.gif[/img]

[cubicrey]

Hi Jason,

 

It is nice to see you able to do it, here is the D1 & W1 Renko Readings after Market Closed. I'm using IBFX mini account, with Sunday data. If you find yours renko value is not tally with mine, most probably either you import wrongly the csv file or forget to delete the older candles in your History Data Center as I mentioned in the procedures posted previously.

 

http://i630.photobucket.com/albums/uu24/cubicrey/Snap2.png

[cubicrey]

Hi,

 

Can anyone tell me which pairs and what action need to be done on Sunday Market Open. :)

 

Cheers

 

R

[b.gunn]

Hi Cubicrey,

 

According to my understanding on Sunday market open you can only check the daily renko, but in order to get an accurate picture we must wait until Monday 00.00 where we must confirm the weekly renko at 00.00 and at the same time confirm the daily renko. With these two pieces of information we can then decide whether to continue with the trade or terminate it. This must be done for all pairs that you are interested in trading. I hope that makes sense!?

 

Ben

[cubicrey]

Hi b.gunn,

 

Yes, you are right. You can choose to wait on Monday 00:00 GMT+0 to execute all the confirmed signal given after Friday Market Closed. Actually, for those who are interested to try this system but not able to do it on 00:00, can choose anytime for his own convenient but must be consistent, i.e if u choose 08:00 to 09:00 then u must continue to check your charts within this time period everyday.

 

I can guide you all how to execute them flawlessly. I can update the status of all 20 pairs here everyday if you want, and I suggest for those who are interested please prepare a simple checklist which shall include:

1) Currency pairs

2) Weekly Renko Status

3) Daily Renko Status

4) MACD

5) Action

 

yes, jz 5 columns only..:)

 

Cheers

 

R

Edited November 6, 2010 by cubicrey

[cubicrey]

Hi,

 

Here is an example of a simple check list

 

http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov05.png

 

The Highlighted boxes is the confirmed changes of indicator status (renko & macd) and the actions need to be carried out on Friday 00:00

Edited November 7, 2010 by cubicrey

[cubicrey]

Hi,

 

Here is the check list telling what is the status of Friday after Market closed, and action to be taken on Sunday market open.

 

http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov07.png

 

Some Asian traders might not want to wake up in the early morning, they can execute the actions all together after Monday 00:00. But one has to take note that some currency pairs could make any changes within this short time of period between Sunday Market open and Monday 00:00. And also keep an eye on the weekly renko change for every pair of currency. To make life simple, thats why keep updating the check list is very helpful.

[cubicrey]

Hi,

 

Here is the possible changes and actions need to be taken on the coming Monday 00:00 (GMT+0)

 

http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov08_pre.png

[cubicrey]

Hi,

 

Today Update after 00:00, GMT+0, 2010 11 08

 

http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov08.png

 

Cheers,

 

R

[cubicrey]

Hi,

 

Update, possible actions at 00:00, 2010 11 09

 

http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov09.png

 

Cheers

 

R

[cubicrey]

Hi All,

 

I have shared the 5% of their dong dong (trading system), I think it is not complete or may be you could not get the whole picture without this 95%(SWB trend trading system).........SO, I decided to share these to u all as well.

 

Note:There are no way to guarantee that this system can make you money, but if you follow it consistently, I am sure you will become unbeatable. Don't rush to make money but to train yourself to build up the solid good habit, feel the Market volatility, feel the thrill of victory, the agony of defeat. then you will really posess the psycho power of the 5% winners.

 

You are the WINNER

 

http://i630.photobucket.com/albums/uu24/cubicrey/2008_kung_fu_panda_002.jpg

[cubicrey]

You are the Panda (winner)

 

“You are the Panda (Winner)!”

The objective of this manual is helping you to

1. Conditioning and Transforming the 95% Losers Mindset to the 5% Winners Mindset.

2. To learn how to Become A Forex Winner not How to Trade Forex.

 

What is the undisputed fact of 95% are still Losers! Why?

1. Going after the wrong direction! (scalper/intraday trading or long term trend follower, you choose)

2. Focus on the wrong things! (external/technical or internal/mental, you choose)

 

I am sharing with you the:

1. Trading philosophy.

2. Trend Trading System and

3. No loss investment strategy

 

The following contents are unique and different from others:

1. 99% of the system sellers addressing external/technical issues, they are Forex traders.

2. 1% only addressing internal/mental issues, they are Forex winners. Without the right trading mentality, it is a losing game even before you start.

 

The Trend Trading philosophy

1. Peace of Mind

2. Management of Uncertainties

3. No Loss Investment strategy

[cubicrey]

You are the Panda (winner)

 

What I want you to achieve

1. To help you establish a Winner’s perspective.

2. To condition and transform your mindset from 95% losers mindset to the 5% winners mindset!

3. To help you learn how to manage Uncertainties in Forex trading with a Loss-proof investment strategy!

4. To sponsor you 100% of your trip to MARS planet if you lose after following the Wukui strategy consistently for 1 year! (Kidding )

 

 

What you need to do

1. Unlearn

 Over-informed, confused.

 Too much noises.

 Lack of Clarity of Mind.

Don’t be over-informed, confused by signal, tips, analysis reports or news from the internet or any other source as they create noises and consequences you will lack of clarity of mind.

 

2. Open-mindedness in order to gain self-realization.

3. Be prepared to change your perspective.

4. Do things differently.

[cubicrey]

You are the Panda (winner)

 

I couldn’t make you a Winner unless you understand the followings

1. Warning #1: Unrealistic expectations “Do not expect to make immediate incomes for pressing needs from the trading!”

Trend trading is a long term Investment and Wealth Accumulation Strategy.

Do not expect to make instant cash for urgent needs within short period of time.

 

2. Warning #2: Too Eager to win “Do not focus on the outcome of every trade!”

You need at least 6 to 12 month “conditioning” period of dedicated practicing using Demo or Small margin live account to build your confidence/tolerance with the system. You need to learn to take losses and be able to pull the triggers consistently before you can become a Winner!

 

3. Warning #3: Too close to the market “Do not lose your “Peace of Mind” while trading!”

Greed, emotions, fears, impatience, impulsiveness, frustrations, disappointments, anxieties, etc will guarantee to land you up as Loser!

 

In Short:

You have to get your perspective right!

[cubicrey]

You are the Panda (winner)

 

Change your Perspective (5th Floor versus 50th Floor)

Leave your 5th Floor and fellow 95%ers. Come to 50th Floor and join the 5%ers.

New Perspective needs New Approach in order to gain New Result.

[cubicrey]

You are the Panda (winner)

 

Revealing the truth – The Nature of Forex Trading

 

 

Forex Trading

 Uncertainties.

 Game of Probability/Chance.

 95% loser vs. 5% winners.

 Make easy & fast $$$$$$

 Funs & Excitements.

 Lose money faster & easier.

 Emotional.

 Get addicted easily.

 95% beaten by the Bankers/Brokers

 Only Professional traders win.

 

 

Casino

 Uncertainties.

 Game of Probability/Chance.

 95% loser vs. 5% winners.

 Make easy & fast $$$$$$

 Funs & Excitements.

 Lose money faster & easier.

 Emotional.

 Get addicted easily.

 95% beaten by the Bankers/Casino

 Only Professional gamblers win.

 

They are Twin Brothers!

[cubicrey]

You are the Panda (winner)

 

Revealing the truth – Banker or Player?

 

 

Banker

 House advantage (Sure-Win).

 Unlimited Money Resources (Super Money Management).

 Play by gambling rules (Mechanical system).

 Emotionless, cool & calm.

 Long term reward.

 Very patient.

 

 

Player

 Player disadvantage (Sure-Lose).

 Limited Money Resources (Lack of Money Management).

 Impulsive & Intuitive trading.

 

 Emotional, uneasy & nervous.

 Eager to win for short term gain.

 Lack of patient.

 

 

What do you want to be?

So, we shall act as a Banker and reduce the exposure.

[cubicrey]

You are the Panda (winner)

 

You are trading with Blood Suckers

Bankers are Blood Suckers

 They take your positions.

 They victimize you with every opportunity.

 They are short term market makers/movers.

Regulators are marking them.

[cubicrey]

You are the Panda (winner)

 

How the Blood Suckers making you fall into their traps

 High Leverage – 100:1, 200:1, 400:1 till 1000:1

 Cash Incentive

 Free Workshops/Seminars

 Free Auto and Multiple Trading Systems

 Intraday Trading Systems

 Free Demo Account

 Free Market Signals and Comments to confuse you

 Preaching the wrong trading approaches: Hedging, Intraday trading, Scalping, etc.

[cubicrey]

You are the Panda (winner)

 

You’re your greatest enemy

 Forex Trading is a mental game/psychological game: - too many people it is a losing game even before it starts.

 You are beaten by your own bad habits (human weakness).

 Negative personal traits conducive to losses:

1. Greed

2. Self-ego

3. Emotions

4. Fear of Loss

5. Impatience

6. Over-confidence

7. Lack of Discipline

8. Fear of Gain

[cubicrey]

You are the Panda (winner)

 

Change your Perspective!

Warren Buffett’s Golden rule of Investing:-

1. “Wall Street makes its money out of activities; you make your money out of inactivity!”

Reduce your exposure to “UNCERTAINTIES” = Trade LESS!

Warren Buffet is a Position/Trend trader. He sat on the shares he bought.

 

2. “Rule No.1: Never lose money; Rule No.2: Never forget Rule No.1”

How? You need to make good investment judgment with Clarity and Peace of Mind!

[cubicrey]

You are the Panda (winner)

 

The Right Trading Mindset

 Trading-to-Win mindset

The sole purpose of trading is to win. It is important to stick to your system by solidifying your winning mindset.

 

 Strength to Take Your Losses

If you’ve traded for any period of time, you know the importance of taking your losses when your system tells you to do so. Riding losses has been the doom of many. Infuse yourself with the strength to take your losses.

 

 Maintaining Discipline

Good trading discipline is what separates winners from losers. You must be committed to follow through, and use your stops….bringing you closer to success.

 

 Handling fears and Emotions

The fast paced nature of Forex trading can give rise to negative fears and emotions. Build your commitment to trading consistency and watch your fears dissipate.

 

 Maintaining Focus

Focus is the opposite of distraction. Rather than allowing daily distractions to take you down a losing path, stay on the winning path by focusing your thoughts and energies on your mental and psychological conditioning.

 

 Visualize Success

Unless you CLEARLY see yourself as a confident, positive and successful trader, you may find negative thought and influences creeping into your vision of self. See your future as bright and profitable!

 

 Coping with Losses

We know that losses are an integral part of trading and cannot be avoided. So why is there so much emotion around taking losses? Separate yourself as a person from role as a trader.

 

 Reversing Bad Trading Habits

Lifting stops as the market gets near them? Repeating the same trading mistakes over and over again? Use what you have learned in this manual to define your mistakes and get back to what you KNOW you should be doing!

 

 Controlling Over-Confidence

Giving back your profit after a winning streak seems to happen so quickly. You’re getting carried away and losing control instead of staying cool! Recognize the early signs of over-confidence and stay on the winning path.

 

 Anyone trading FOREX Needs to Ask Themselves This Question:

Do you want to make money or be smart?

The market won’t accommodate both of these desires – if you want to make money, forget your ego and remember there is only one price that is right and that’s the market price. The humble trader, who has an objective defined and disciplined trading method, realizes the market can make him look STUPID. However, he is only interested in making money, and he’ll generally out perform an ego filled trader, who wants to beat the market.

 

 Living in the Success Zone

Winners seem to keep winning, and losers, well….Wining is a state of mind first and a reality second. Let your mind work FOR YOU rather than against you.