yup.

FerruFx_Multi_info THV is the bottom

piji_signal_bar is the top showing pips n spread

yup. it is like this, u transfer the money to instaforex malaysia account, then he will convert it for u into usd and transfer it into ur forex account. btw, the broker fixed rate is rm3.80 per usd1. after that claim 30% bonus, u get about more than u deposit. however, upon withdrawal, instaforex will deduct the bonus amount from ur account.


dont worry. dont start with big capital, trade with 100 usd 1st in demo. learn to appreciate low trade size. if u master that, with huge capital, u can always profiting from forex.

This post has been edited by Invince_Z: Mar 9 2010, 09:00 PM

bulkbiz: lol..haha. new words today --> my 2 pips


i think what myvi5949 saying is the less chance/time we got to analyze market n price trend, the higher the chance we got into forex gambling. hence shorter time frame vs longer time frame is the example.

i kinda agree with him. there are times we just place an order in M1 or M5 bcoz we see n think that the market is going that way, but instead, its going the other way around. aint it gambling?

This post has been edited by Invince_Z: Mar 10 2010, 04:55 PM

i use machine gun...brrr..brrr..brrr...haha

anyway, its not easy to trade at low time frame, not that hard either. i had an idea of trading n profiting consistently at low time frame, i just need more capital. so...till then, we hv to w8 n see either it'll be a dream or a reality

lolololol...now we r into languages.

back to forex, good luck to edition. may myvi5949's hats off to u.

guys, would you share the time market open/close at different places? london, usa,...anywhere. in gmt +8

thx

owh that dst.still failed to understand how dst work guess,its time to digest more info

This post has been edited by Invince_Z: Mar 13 2010, 05:43 AM

sure. np. even so..i had prefer trading on my own.

i'm studying trendline. namely head shoulder pattern @ easytradeforex.com. below is my own head shoulder pattern for gbp/usd



both right/left just pass pivot
head is a bit far above pivot
retest neckline is below that of right shoulder

chart is based on M30.

am i correct?


p/s: i know the longer timeline, the significance the trendline. but it not that visible on H1 that i choose M30 instead

This post has been edited by Invince_Z: Mar 19 2010, 03:06 AM

kelvin_tan: u got it wrong there but thx for the kind reminder. i had to use M30 cuz no other available in H1 n above. i wish someone could tend to it whether the trendline was correctly identified (just ignore the M30 thingy) n drawn. if i'm missing something there.


for example:

i should hv drawn it from lowest bullish candlestick left shoulder to lowest bullish candlestick right shoulder

or

i should hv drawn it from lowest bearish candlestick left shoulder to lowest bullish candlestick right shoulder

or

i should just ignore the existing neckline retest point. others r correctly drawn

or

u add ...

This post has been edited by Invince_Z: Mar 19 2010, 11:49 AM

EmperorJoseon: so the id was wrong. thx2 i thought H&S can form anywhere...as long as it appears to be something like H&S. u r saying, right b4 the left shoulder above, there should be a bullish trend rite? i'll keep that in mind.

how often H&S occur in a year or in 6-month time? i bet once or maybe 2-3 times only.

This post has been edited by Invince_Z: Mar 19 2010, 12:28 PM

yes. i'm choosing so that i could ask u guys whether the H&S identification/drawing correct or wrong so that i could learn from those id/drawing. tell me who the crazy person use lower timeframe H&S fro trade? that picture just an example



head = red
shoulder = white
bull = yellow
retest neckline = green

take that. hopefully a H&S pattern taken from jun 2003 gbp/usd D1 graph


EmperorJoseon: what about below? cannot? i know it silly. just want to know.



head = red
shoulder = white
bull = yellow

This post has been edited by Invince_Z: Mar 19 2010, 01:00 PM

which one? both? top? bottom?

FYI, bottom pic is extended version of previous H&S M30. this time it was screen capture @ D1. while for top pic, it was the best looking H&S i can find in such short time.

if u ask me...it is very hard to find 1 proper H&S in gbp/usd. i'm sure there is at least 1. if u hv a clue of the month or year. do tell me. dont give a screen capture, i would be glad to id it myself, just like playing hide-n-seek a clue may help.

This post has been edited by Invince_Z: Mar 20 2010, 06:17 AM

its 1 pip = 10 usd so...10:1? or 1:10?

thomas: how long u hv been trading? including demo account.

i'm on 1 pips = 1 usd...minus 3 spreads for each open position

This post has been edited by Invince_Z: Mar 22 2010, 11:20 AM

thomas: u mean the xauusd?

too bad instatrader dunt hv it. for thomas, may u reach ur goal

This post has been edited by Invince_Z: Mar 22 2010, 04:13 PM

holy cow. look at ur floating

This post has been edited by Invince_Z: Mar 22 2010, 07:55 PM

wow...ur floating also holy molly cow atm.