NkosiFx

26/03/2018

Its the last week of the Month for March 2018 which will see an end to a quite tough first quarter of 2018 as per usual. The second quarter almost always presents far better trading opportunities then the first (which sometimes has within it some market manipulation) and also that the Market Makers have done their damage during the last three months.

Always be learning and happy trading.

NkosiFX

06/03/2018

Fundamentals are the driving force in 2018 and traders alike should know the importance that it has on ones trading activities throughout 2018. With that being said there s been a major shift in fundamental analysis this year and it will be highly important for traders to incorporate fundamental analysis together with technical and sentimental analysis to ensure a thorough outlook before committing to open positions in 2018.

NKOSI

17/02/2018

NkosiFX will resume posting value adding material regarding trading and the financial markets as of the week of the 19th of February 2018.

17/02/2018

The ZAR is doing quite well for itself lately, it's time I look into trading the USDZAR again.

06/01/2018

As the Volumes return to the market place as of yesterday during the NFP report. We gear up for another year of speculation and trade opportunities.

From the 8th of January I will return to my trading desk and kick of the year with my latest and updated trading strategy and looking to beat last years performance.

Keep a lookout on what NkosiFX has in store for 2018.

06/01/2018

Happy New year to you all.

If you have any form of project that is close to your heart this year, sign up for crowd funding and make that project a reality.

https://crowdcoinclub.com/members/sign-up?sponsor=brianfx

https://crowdcoinclub.com/become-a-fundee?sponsor=brianfx

All the best

Nkosi

Sign up with Crowdcoinclub to get started.

21/12/2017

Final update on live test account (December 2017)

After a total of 645 trades placed over the last three months, I can say that the new strategy that I have been testing has proven to be successful.

Below are the final numbers:

- Initial deposit made of $515 USD ( R7055 )
- Gross loss $636.97 USD ( R8726,49 )
- Gross Profit $2882,89 USD ( R39 495,59 )
- Net Profit $2245,92 USD ( R30 769,59)
- % Growth 435%

This will be the last post for 2017. A special thank you to all those that have been following the updates and commenting, and I hope the posts throughout the year added value to some you.

I wish you all a safe festive season, a Merry Christmas and a Happy New Year, see you in 2018.

Nkosi.

04/12/2017

The new updated strategy seems to be producing steady daily results.

This was today's trades on the live test account.

23/11/2017

To be a successful trader you have to understand and know who moves the market and how, with that the potential to profit lies solely on how much you want in the ernomous pot.

15/11/2017

Live Test Account Continuation (November 2017)

After a successful test run in October I have decided to continue with my modified trading strategy on the test account.

The number of trades opened so far now stands at 178 trades with 178 wins and 0 losses. Its taken me three years to develop the trading edge and strategy and if this test run continues to produce such results then I would of finally developed a unique and solid trading strategy. I then withdrew USD 900 to payback the funds withdrawn from my core trading account to fund the test account plus some interest.

lets look at some numbers:

Total deposit made: USD 515
Total profit made: USD 1038.71
Growth percentage: 201%
Period traded: 2nd 0ctober 2017 - 15th November 2017.

Stay tuned.

15/11/2017

13/11/2017

The Rand has breached the R14.50 mark to the USD amidst the HeHer report on free education released today and other fundamentals namely the ratings outcome which will add further strain to the Rand. A pull - back is probably however it could be short lived as the economy is still facing some tough challenges ahead.