anyone survive the deadly GU spike? or did ya gain hundreds pips hehe

i no trade gu

adamG is back.. welcome back sifu..

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Added on November 5, 2009, 9:29 pm* i did trade GU for a while, earn some pips and close the trade d.


This post has been edited by dannyooi_84: Nov 5 2009, 09:29 PM

sometimes i hate the news.. =p but indeed it gives alot/some pips for news trading.. losses do happen anyway..

never trade GU before.. only focus on EU from the beginning of my trading days...

again today NFP back~ after a sharp drop EU on 26 Oct, now is the time~

Market will range bounce until news out as usual.

tachlio, the nfp is tonight right? what you mean by "now is the time"?

time to drop back again or go up again? hahaha

waa, so many ppl play forex. i came across this site

http://bestforexrobot.webs.com/


so cheap that i bought 1, then dunno which one to use.


*sigh*


anyone tried it?

hoho, tonite nfp, good luck everyone.

This post has been edited by shahru98: Nov 6 2009, 08:15 PM

its probably best that u learn the in and outs of forex before doing any of those robots.. get to know better rather than blindly use the robots to wipe out ur whole account..

as i know the best method is still using manual trading by ur hand/decision..

just my 2cent..

Thanks Danny.

Yes, i m back, just temporary. Just observing how the LYNS forex players r doing. Anyways, see you guys laterz

Hey! oh my, 4 pips spread for GU????!! thats alot =/

it sure has been a while eh G? i'm here to pay a visit here as well
Oi devin. You've been inactive in our chats.. internship keeping you that busy?

Guys u think should invest at which country (currency) better?

hi all sifus here.. i've just been learning forex for a month. also paid some tuition fee to join forex class seminar, still havent made any consistent money yet

practice more on demo... no hasty orders... be patient.. read the news..

mind to elaborate how/which currency u trade? wat indicators u use?

Hi Evoangel,I am glad you are more willing to discuss, this is a forum afterall.. I have tried reading and being doing demo after demo. I have tried a few indicators but most of it are usually very late.
I am using Average Movement, Parabolic SAR and Boringer band as indicator.
Stoch, RSi and MACD as my oscillators. I am always late to the market. I have tried reading babypips, all the other forums. But i still cant make any sense of it. If any kind soul here could just point me to the right direction or at least tell me wat am i doing wrong. I would really appreciate it.

lol.. Anyway im still a novice trader.. am manage to make consistent profit in very very small trade/amount.. so im nothing to fancy about.. i could share with u how my personal trading system/method.

1.i dun like clogging my whole chart wif indicators.. makes my eye pain =p..
i only have EMA,PSAR and Stoch indicator. If i would have to put more than that i will open a new chart/load it with 2nd monitor.

2.Identify Support/Resistance line..
3.News Trading.. u can visit www.forexfactory.com.. im still in the process of learning it.. know more on how it could affect on the currency u r trading.. well sometimes it doesnt help much but u will need it to keep ur account 'alive' =p
4.Remember to set ur TP/SL.. this is really useful for u to maximise ur gain/minimise ur loss.. dun be greedy, bank whenever there's a profit.
5.For ur concern over lagging indi.. try looking in here - http://www.babypips.com/school/leading_vs_...indicators.html.
there is no perfect indicator/holy Grail, some say..
6.Orders/Hedge/Scalp- i will put in order whenever i feel my indicators are talking the same at a time.. scalp when market is ranging/trending.

So to conclude, im a kind of mood trader.. whenever i dun feel like trading i dun trade.. and i play safe not to overtrade my trade size.. kinda chicken trader =) i think thats much i could share.. feel free to evalute and leave some opinion.. i dun care much if there are flames/talking nonsense...

USD killed across the board.

Try not to use indicator....MA should be fine. Determine the trend and ride along with it. Trust me, not hard.

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Added on November 9, 2009, 3:25 pmHi, nice portfolio you have there, keep it up!

This post has been edited by bulkbiz: Nov 9 2009, 03:25 PM

thanks bulkbiz! =)

maybe some points to ponder for me? =p yeah im not really an 'indicator' kind of guy.. makes my eyes sore just to look at it.. Lol.. futhermore im trained to use MAs,PSAR and Stoch only... for others i got no idea how to properly use it.. whenever im free i'll just load up a new chart and play wif other thing to see it makes sense to me or not.. otherwise i wont bother to use it.. haha

hi gyus... thanks for the insight...there are still so many things to learm.