Posts by bendroidfx

On Earlier post, i mentioned that EUR will top 1.37 and bottom 1.27 (GBP top 1.62 bottom 1.49), this scenario almost fullfill on the bottom side and a little bit more on the top side. It matter of short time before the USD bounce back to 1.32. I will temporary manage all accounts in manual mode until USD stable on 1.33 area, which will take about 1-2 months and will gain big chunk of profits. Best regards, Bendroidfx.com

Talking Points: • Trading is much more than just picking a position and ‘hoping’ that the trade works out. • Trading is about risk management, and looking to focus on the factors that we know. • This strategy focuses on capitalizing on US Dollar volatility, and using risk management to offer potentially advantageous setups in the market. If there is one importaint lesson that gets taught time and time again, it’s that future price movements are unpredictable. While this may sound strange, logic and common sense dictate as such. Human beings can’t tell the future; and our job is to try to forecast future price movements. This is where fundamental and technical analysis comes in, hopefully offering us an advantage. And furthermore, this is where risk management plays an even more important role, just as we saw in our Traits of Successful Traders research in which The Number One Mistake Forex Traders Make was found to be sloppy risk management. Quotes: 1. The trader’s job is NOT to predict . 2. The trader’s job is to trade by managing risk and focus on few factors that we know will high likely happen. Focus on those as opposed to just hoping trades work out. 3. Fundamental, Technical analysis and Money management are center point of the strategy. 4. Be patient and trust your strategy. Best Regards, Bendroidfx

These past month, I'm developing 4 new improvement script. One of them is Apphia Ultimate version 2 and have a good result so far in REAL account. 3 more coming soon depend on the test demo result, most likely will be out 4-9 months. Technical Analysis: This year EUR/US will top around 1.37 and bottom 1.27 (already happened early this year). Fundamental Analysis: Depends on the Fed strategy. Too soon to tell. Since I cannot promise every trades are winning trade, I can promise you good discipline and risk management technic. With that we will see good result in the long term. The beginning of year 2013 was not good for our trade since both EUR and GBP dropped around 1200 pips and took a hit on some of our aggressive accounts. But now all accounts back to normal and some of them already have a big gain and some even. But we will cruise in the next few months. The main key is Risk Money Management. We have to manage the RISK since no one know how, where, which direction the market moves. No matter how good or solid is your technic, you will definitely loose (long term) if you don't have DISCIPLINE and Conservative Money Management. Bendroidfx motto: "Work SMARTER not HARDER"

From Fundamental analysis, US dollar will gain position. However, long term position still in the LONG direction for EUR and GBP.

The beginning of February, EUR (-800 pips) and GBP (-1200 pips) took a dip with substancial pips. I believes this week and next week both currency will go up about 200 pips. If that's happen, most likely reversal UP trend will occur.

Due to market super volatile, I have to cut some of the profit to prevent further losses. This is part of money management strategy. We will get it back as soon as market are stable.

GBP posted from Bad to Worst of their inflation. Even with USD posted bad news but GBP impacts more damage and also EUR market as well. for EUR Let's wait tomorrow morning from ECB announcement.

This week should be a safe heaven for EUR and GBP if there are no unexpected news event.High likely we can easily exit from most of our transactions and banking profits.

These couple of weeks have been complicated, EUR went UP but GBP went DOWN since these 2 currency usually were running parallel in the past. This week it seem the correction will be made, however big news on Thurdsday morning could go either way. I can not make any predictions at this moment until correction has been established and until then everything will be wide ranging.

Last week i missed my calculation about GBP, It never hit 1.62 and went to opposite direction right away. But EUR hit all targets. This week after today, for both Technical and Fundamental support retracement for EUR and GBP. If somehow still goes DOWN, i have to close someof my position to protect our investment.

This week both EUR and GBP will continue ranging, base on calculation from Technical Analysis that GBP will bounce back up once hits 1.5770 S3, If not 1.55 is our next S4 target. Fundamental analysis for both EUR and GBP are not good either, therefore chances to go down is in our sight. However, Sentimental indicator says otherwise. Let see how this week will perform.

January 14,2013 Weekly EUR/USD and GBP/USD forecast - if there is no surprise announcement. This week most likely move sideways for both currency(slightly up). EUR will break 1.34 - GBP will break 1.62 and pull back.

New Account - Apphia Tachyons Acura (starts on 1/7/2013) Setting: Start with Combo + Tachyons Low setting and will increase gradually to Moderate with in 2-4 months period. New Account - Apphia Tachyons Toyota (starts on 1/10/2013) Description: Start with Ultimate + Tachyons Low setting and will increase gradually to Moderate with in 2-4 months period.

I just added $1000 to Apphia Gold Star Account and will continue until account reach $10000

Happy New Year 2013, We are closing this year with good performances gain: Apphia Combo Honda + 36.05% Apphia Combo Infinity + 10.09% Apphia Combo Dandu Monara + 9.52% Apphia Ultimate BMW + 7.90% Apphia Ultimate Jaguar + 19.56% Apphia Gold Star + 19.77% Apphia Tachyons USC + 35.99% All account average about 3-5% monthly except Gold and Tachyons 10-16% monthly. I hope next year will bring us more prosperity and successful journey together. Good luck and Thank you for trusting Bendroidfx.com Always remember our motto: "Work SMARTER not HARDER"

There are some mix fundamental and technical analysis for this week. EUR/USD will go down first before going up. Most likely will hit 1.3090 area before we can see any retracement.

While we wait "Fiscal Cliff" decision, we already prepare with both scenarios possibility.What most likely happen is the EUR/USD and GBP/USD going up but we have to wait more confirmation on reversal or continuation trend. This week, I replaced one of the Apphia combo and Apphia Ultimate script with one of Apphia Tachyons new script and as you can see our performances went up. Apphia Tachyons consist with 4 new total scripts and see opportunities in different approach with the predecessor. We keep doing Continous Process Improvement to make our product more stable and dynamic with current market situation. Happy Holiday and Happy New Year 2013, trade safe. "Work SMARTER not HARDER".

I just added another $1000 on Apphia Tachyons-USC account. I will keep investing $1000 per month up to $10000. It's going to be a model for 529 and IRA replacement.

Tomorrow morning, EUR/USD and GBP/USD might have a slight retracement. I have to measure it again tonight. If it's confirm, I have to change the BUY mode script so it can endure it.

This Morning, I have to shutdown most of our program to avoid big drawdown and manage it manually.