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Forex Trading Corner, Let's discuss forex strategy

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billytong

Apr 6 2007, 09:15 PM

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Lord Sauron

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Took ~37 pips on EUR/USD Shorts!. Happy Weekend

k.incognito

Apr 6 2007, 09:20 PM

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QUOTE(billytong @ Apr 6 2007, 09:15 PM)

Took ~37 pips on EUR/USD Shorts!. Happy Weekend

Cool.

I couldnt get a trade in cuz blady oanda's server keep timing out

billytong

Apr 6 2007, 11:10 PM

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Lord Sauron

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QUOTE(k.incognito @ Apr 6 2007, 09:20 PM)

Cool.

I couldnt get a trade in cuz blady oanda's server keep timing out

If u read the oanda forum under fxtrade section, the user also complain it.

I also experience it just now but then i got what I want.

GodLuvSxS

Apr 7 2007, 12:15 AM

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Guys, I've found the "holy grail"

user posted image

The indicator auto generate entry and exit signal for you .... buy when red dot is there and sell when blue dot is there

It's so d***n accurate till you can scrap using this indicator in 5min chart

richman

Apr 7 2007, 12:50 AM

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QUOTE(k.incognito @ Apr 6 2007, 08:09 PM)

Good luck to ya, hope the figures will help you reap in sum pips

Charts! The market was in my favour.

vincentlws

Apr 7 2007, 05:30 AM

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parabolic maybe?

Well the dot thing...need to prove in long run also

none a single TA technique can guarantee 100% result...up to individual

But the dot is quite ok also haha...i still bet it is parabolic SAR

This post has been edited by vincentlws: Apr 7 2007, 05:32 AM

luqmanz

Apr 7 2007, 09:18 AM

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I entered long EUR/USD at 1.3330 on Wednesday. The NFP hit my trailing stop LOL. I got out with 60 pips.

billytong

Apr 7 2007, 11:26 AM

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Lord Sauron

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QUOTE(luqmanz @ Apr 7 2007, 09:18 AM)

I entered long EUR/USD at 1.3330 on Wednesday. The NFP hit my trailing stop LOL. I got out with 60 pips.

Well, NFP is expected to be in favor of USD on this month. And the pair hit the 2yrs height. It would be illogical for it to break 3479 height again without any retracement.

uniglo

Apr 7 2007, 03:06 PM

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QUOTE(GodLuvSxS @ Apr 7 2007, 12:15 AM)

Guys, I've found the "holy grail"

user posted image

The indicator auto generate entry and exit signal for you .... buy when red dot is there and sell when blue dot is there

It's so d***n accurate till you can scrap using this indicator in 5min chart

Oh this indicator ar . Hehe. So so only. Lagging Indicator.

It also appears and dissappears accordingly. So better test on demo for 3 months first.

Leonhart

Apr 7 2007, 09:52 PM

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erkk can i ask about Leverage in forex. what it mean

sometime i saw 1:500, 1:100 etc

any 1 can tell me

tq

woopypooky

Apr 7 2007, 09:54 PM

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hi, everyone, i am new to Forex. let say i wan to invest money in it, how do i find the broker?any local?

Leonhart

Apr 7 2007, 10:11 PM

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QUOTE(woopypooky @ Apr 7 2007, 09:54 PM)

hi, everyone, i am new to Forex. let say i wan to invest money in it, how do i find the broker?any local?

i know local campany who do forex but the deposit they need is high. 80k minimum

woopypooky

Apr 7 2007, 10:16 PM

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how come i heard can deposit as low as US1K only

jong52yuara

Apr 7 2007, 11:26 PM

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Forex is the best business you can do.

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QUOTE(Leonhart @ Apr 7 2007, 10:11 PM)

i know local campany who do forex but the deposit they need is high. 80k minimum

you mean bank? in Malaysia, the government rule only allows banks to legally trade forex.

Leonhart

Apr 8 2007, 12:28 AM

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QUOTE(jong52yuara @ Apr 7 2007, 11:26 PM)

you mean bank? in Malaysia, the government rule only allows banks to legally trade forex.

if they are broker company then they hv 2 register with bnm. servicing company no need to register wh bnm. well they just help u do trade. however they will be illegal if they collect ur deposit.

mentos

Apr 8 2007, 04:40 PM

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QUOTE(Leonhart @ Apr 7 2007, 09:52 PM)

erkk can i ask about Leverage in forex. what it mean

sometime i saw 1:500, 1:100 etc

any 1 can tell me

tq

mean that you can trade up to 500 times your deposit.
example,you got $1000 in the account,so you can trade up to 1000 x 500 =$ 500k
leverage=double edge sword
so dont over use it

k.incognito

Apr 8 2007, 06:19 PM

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Concerning leverage. You should really read this.

Leverage Definition

Leverage is a Killer!

This post has been edited by k.incognito: Apr 8 2007, 06:22 PM

luqmanz

Apr 8 2007, 09:46 PM

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Leverage is like nunchaku. If you dont learn to use it well, you will end-up hitting your own forehead.

doomvein

Apr 8 2007, 09:53 PM

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Sorry Closed ..Protecting my self

This post has been edited by doomvein: Apr 10 2007, 01:38 AM

luqmanz

Apr 8 2007, 10:50 PM

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QUOTE(doomvein @ Apr 8 2007, 09:53 PM)

Who know Farflex Commerce?

I work with ( Mega Quest Resources SDN BHD ) using that trading PLatform.( Farflex Commerce)

Mini Account for 1000USD = 5 lot

Standard Account for 5000USD = 5 lot

Open account In Hong Leong Bank Under Farflex Commerce .

Account information will be hold by Client and Agent .

If Someone have better Forex Platform than me please tell me.

I looking PLatform which is

Low spread
Low Commision ( Farflex Commerce Commision is 100USD Per Transaction )

Lol .. nowadays we dont pay commision for any transaction. Just pay the spread.
Oanda.com has 1.5 pips spread for EUR pairs. 3-4 pips for Cable etc.
Interbank FX is a better platform for those with $$$. Minimum lot size is 10000 units. 2 pips spread for major pairs I think.

How long have you been trading ?

This post has been edited by luqmanz: Apr 9 2007, 06:44 AM

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