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 FOREX | v se7en, the market is very SucKy

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rachel9966
post May 4 2010, 01:33 PM

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QUOTE(z2forex @ May 3 2010, 09:33 PM)
I trade mostly GU, GY, EU, EY, AU, AY. My target is to get on average 100-200 pips per day (very achievable now) and to further improve it to 250-300 pips per day.

Last month I did 73 trades, all profitable (3822 pips) giving an average  pips/trade of 52.36, which I intend to improve to 70+ hopefully this year smile.gif
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hi, i'm new in forex...been demo for 2 mths with no consistent profit. Mind to share what is your strategy? thanks!
rachel9966
post May 5 2010, 03:37 PM

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QUOTE(luqmanz @ May 5 2010, 02:27 PM)
Cable moved up a bit ... but still too early to tell if this is a good trade. LOL ...  sweat.gif  sweat.gif
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How to know if it is a good or bad trade?
rachel9966
post May 10 2010, 02:46 PM

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QUOTE(billytong @ May 10 2010, 01:44 PM)
I would say nice try. BNP, can they guaranty that? Back in 2 years ago. People are calling USD grave yard. Look what happen now? Economist can predict whatever they can see base on economy studies, but the real fact is politician can make wrong thing look OK. Logical thing can become illogical or otherwise.   

Besides in terms of economy size/GDP alone, Germany + France alone took a huge portion of Eurozone economy. And it is not the entire Europe facing the trouble. It is those 5 trouble makers digging their down grave. They had benefit a lot, over leverage when they adopted Euro last time. Now it is time for them to pay back what they had gained.
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hi billy, are you full time trader? what pairs you trade?... i trade GU, GJ.
rachel9966
post May 19 2010, 10:28 AM

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QUOTE(bulkbiz @ May 19 2010, 08:18 AM)
www.ibfx.com


Added on May 19, 2010, 8:19 amTrend trading is cool, holding short for EU GU, total up near to 2000pips smile.gif
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Any specific time or price target to close? i'm holding 3600 pips (total) too...hehee... tongue.gif
rachel9966
post May 19 2010, 10:58 AM

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QUOTE(luqmanz @ May 19 2010, 10:44 AM)
Ouch how could u ask this Q ... didn't u have a trading plan ?  sweat.gif
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Of course i have plan... but for the time being...just let it ride.
rachel9966
post May 19 2010, 11:25 AM

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QUOTE(luqmanz @ May 19 2010, 11:09 AM)
Ok, what does your trading plan says about "riding the winner"... ? Trails stop ? partial take profit ? etc  ?
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Partial take profit is good option. Or hedge it. Hope your next question is not which broker i use. cool2.gif
rachel9966
post May 19 2010, 11:44 AM

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QUOTE(luqmanz @ May 19 2010, 11:29 AM)
I was going to ask, "are you disciplined enough to take profit when the time comes so your winner wont be loser ?"  sweat.gif

But nevermind that question. As long as u know what to do, its good.  sweat.gif
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That is a very good question. Not easy to be done. But i always remind myself "the market will go against me one day". A good way is to close the MT4 after closing a trade. Never look at at until the next trading day. Any method you use to be more discipline?
rachel9966
post Jun 14 2010, 10:58 AM

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QUOTE(kevler @ Jun 10 2010, 01:26 PM)
so far i have made good business with instaforex.my , withdraw US1000 per week , with no hassle , until now
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Mind to share some of your trade strategy? how big the lot size you trade normally?


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