GJ back to bullish after retracement.....

go to http://www.forexfactory.com/calendar.php and check out the daily news there with the red labels.

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Added on October 23, 2009, 9:33 amThis one also look like using MLM system http://www.superconsultancy.asia/

This post has been edited by rstusa: Oct 23 2009, 09:33 AM

I saw OANDA got another site under OANDA Asia Pacific, so which one should I go for then?

anyone got killed in GU? dang miss it..

Luckily I TP both GBPUSD & EURGBP, both got 100pips respectively.

Thankfully grabbed 500+ pips (multiple positions) from GU today

Hopefully not




This post has been edited by wodenus: Oct 23 2009, 08:39 PM

Hi All, i been testing forex demo lately and here one of my manual buy&sell statement for entire week. So can i go for real account yet?

no...play another 3 month and show us that u make a consistent profit...tq

Also, wtf is "liquidity connection" ? they don't seem very well-established to me.

Well yes... i might open real account by end of this year so i can start on First January 2010.....

That maybe because i trade GOLD, btw i spotted the gold price rock high again and quickly i made a trade (SELL 4.0 @ 1067.06 all the sudden GOLD price drop like hell to 1050.50 but i closed at 1054.19 and that give me huge profit of USD$5148.00. If this is real money/account i could become millionaire less than a year!

Here some summary of today rap-off!


My strategy was to spot highest point of the day and make a SELL or spot a lower point of the day and BUY with 50% of capital.

50% / 5% ? Did i see wrongly?

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This post has been edited by epalbee3: Jan 15 2010, 09:42 PM

No you didnt see wrongly, @ the time GOLD Price at the top my capital was USD$7735.18. Maximum Trade lots allowed is 8.00 per lots [size] that more than 100% of my capital so i bought 4.00 per lots approx. 50% of my current capital.

Here my trade graph, the red line marker another spotted Hi&Lo point but I choose not to trade.


This post has been edited by RiCHBoyZ: Oct 24 2009, 02:58 PM

Congrats.....I guess you are using some method to spot the corret support and resistance.

But the money management might have some problem in long run. btw, congrats dude:)

Thanks you're welcome. btw i also from real BUJANG SENANG area. Our muara sungai flo the water stream directly to Batang Lupar river bank! If you ring the bell [Sebuyau] ..Hahahah

I prefer to use M15 frame for easy 'bobby-trap' or 'ambush' the turning point. Base on my observation on GOLD values, i could understood a bit their behavior. Still i need to learn more, i am newbie in forex so greedy ruled over my strategy.
Anyway i can try to prolong my money management for more trade not to BUY os SELL in maximum size. My target is to reach USD$1,000,000.00 (if possible).

This post has been edited by RiCHBoyZ: Oct 24 2009, 08:28 PM

Haha, everyone dream about that. I am from Kuching, but working in KL.

Good luck in your trading

Wah. You got balls of steel. Experienced traders usually have capital exposure of 30%. The rest of us inexperienced traders expose only 10% of their capital. With 50% exposure, you could be a millionaire today and a pauper the next. Good luck.

let say i have one account, that i already got 50% profit..

Capital = USD300 50% profit means USD450 total...

so i take out USD100 and fund it to another acc...

then i play out of MM.....

was that consider im losing or still in winning situation? (losing and winning in term of MC and profit la...)

This post has been edited by normeck: Oct 25 2009, 10:51 AM

Quite ironically, the news on UK's GDP rippled thru the EU pair too. No doubt the rise in the EU pair was not as sharp as the drop in GU, but noteworthy. Effects of cross-currency trading in the EG pair, I assume.

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Added on October 25, 2009, 12:52 pmSpeaking of brokers, isn't it risky to put your money in any US or UK-based brokers nowadays? Given the doom and gloom of both the dollar and pound, that is. I'd rather park my money here in Asia or Australia/NZ, for now.

This post has been edited by husagi: Oct 25 2009, 12:52 PM