Forex

Why the Institute of professional excellence was formed?

June 18th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistan's Economy, Pakistani equity market

According to the Pakistan Economic Survey 2015-16,  the Savings-Investment gap for the year 2005 to 2016 had been negative (except, for year 2010-11). That  disappointing rates of domestic savings  is  a big obstacle for  increase in  domestic investments in financial markets of Pakistan. We acknowledge the SECP’s Capital Market Development Program (CMDP) (2016-2018) and highly appreciate all strategic targets […] Read more »

What type of trader are you?

June 13th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistani equity market

No investment or trading strategy  can make you rich overnight. If you think so you better go to Casino and take your chance and it’s highly likely you will end your capital fast way with gambling. What you can do the best is to make better returns than others and stay in the game but that won’t happen […] Read more »

Managing Risk in my Trading

June 7th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistani equity market

I generally  follow trend while entering into trade. Positioning in the opposite direction of the market is just like a clear suicide. I never fight with momentum. I must simply quit from trades by making early exit that don’t go my way immediately as close to break-even as possible (or in worst scenario Stop loss must not exceed with 50 […] Read more »

How to identify trend for trading

May 14th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistani equity market

I trade with trend. Trend following is simply following the direction of price.  In terms of charts; Uptrend – consists of higher highs and lows Downtrend – consists of lower highs and lows                 A market that moves in a radius of  few of points cannot be claimed having a profitable […] Read more »

How I do day trading as a tape reader

May 6th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistani equity market

I won’t be possibly aware of all the dynamics surrounding stock price movements, so I primarily analyse from data of a price/volume action  to form my momentarily opinion objectively for day trading decisions. Frankly speaking the tape reading is close to the current reality of the market. All other indicators are either hints or distortions. As a tape reader trader […] Read more »

5 GOLDEN RULES ABOUT RESISTANCE & SUPPORT

April 26th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistani equity market

Truth #1 – The more times R/S levels tested, the stronger it gets  Resistance and Support levels act as barrier. Support when tested, buyer orders get filled in the process and after support has been tested buyer get success in  exerting pressure of bullish trend and that picks up upward trend for a while. Resistance when tested selling orders […] Read more »

How I trade my Exit points

April 18th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistani equity market

MY EXIT POINTS: My most important concern is limiting losses. I care more about this than anything else in trading. I mostly close a trade if; Stop loss point arrives Target profit has been reached, When my trade position is not clear The indication to close a trade may come from another stock or general market So as […] Read more »

The two moving averages

February 20th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistani equity market

Moving averages is lagging indicator. Lagging indicators only give signals after the price change is clearly forming a trend. The downside is that I’d be a little late in entering a position. As I will spot trends once they have been established, at the expense of delayed entry. The bright side is that there’s less chance of being […] Read more »

Knowing How The Market Moves For Day Trading

February 14th, 2017 | By Syed Hasan | Posted In Blog, Forex, Pakistani equity market

At any time overall market Index shows behavior of collective trade psychology while electronic order window on your computer ( tape) tells you about demand and supply in relation to volumes consistently. Combined together, both of them form the most relevant indicators to initiate day trading with quick entries and exits. For a day trader short term market prices […] Read more »