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> Forex Trading Corner, Let's discuss forex strategy

billytong
post Apr 6 2007, 09:15 PM
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Took ~37 pips on EUR/USD Shorts!. Happy Weekend tongue.gif
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k.incognito
post 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 tongue.gif
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Cool. rclxms.gif

I couldnt get a trade in cuz blady oanda's server keep timing out shakehead.gif
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billytong
post Apr 6 2007, 11:10 PM
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QUOTE(k.incognito @ Apr 6 2007, 09:20 PM)
Cool.  rclxms.gif

I couldnt get a trade in cuz blady oanda's server keep timing out  shakehead.gif
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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. biggrin.gif
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GodLuvSxS
post 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 cool2.gif

It's so d***n accurate till you can scrap using this indicator in 5min chart laugh.gif
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richman
post 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  biggrin.gif
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Charts! The market was in my favour. smile.gif
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vincentlws
post 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
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luqmanz
post 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. sweat.gif sweat.gif
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billytong
post Apr 7 2007, 11:26 AM
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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.  sweat.gif  sweat.gif
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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.
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uniglo
post 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 cool2.gif

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



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.
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Leonhart
post 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 biggrin.gif
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woopypooky
post 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?
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Leonhart
post 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?
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i know local campany who do forex but the deposit they need is high. 80k minimum
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woopypooky
post Apr 7 2007, 10:16 PM
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how come i heard can deposit as low as US1K only
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jong52yuara
post Apr 7 2007, 11:26 PM
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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
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you mean bank? in Malaysia, the government rule only allows banks to legally trade forex.
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Leonhart
post 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.
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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.
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mentos
post 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 biggrin.gif
*




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 thumbup.gif
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k.incognito
post 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
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luqmanz
post 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. smile.gif
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doomvein
post Apr 8 2007, 09:53 PM
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Sorry Closed ..Protecting my self sad.gif

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