bye bye GU n GJ. movin without me

I wish it will hit my TP ... at 1.5550

waa... u already ride it? nice

IMHO shud b no prob. 1.55684 is d 1st pivot resistance.

I hope you are right ...

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Added on January 4, 2011, 5:00 pmTP got hit .... gained 3.54% today ...
I'm done for the day ...

This post has been edited by luqmanz: Jan 4 2011, 05:00 PM

What indicator you all usually use? I managed to earn 110 pips for GBP/JPY, 100 pips for eur/aud75 pips for aud/usd and 51.7 pips for eur/jpy today by using macd, stochastic, rsi and fib retracement. Too bad I'm trading on demo though. It would be nice if I could made this achievement when trading for real.

Can someone recommend good n reliable trading platform for me..

Intraday trend line breakout for me is almost same as gambling, but the truth is broker manipulate the price. When the candle break a support line, everybody(day trader) will short, but the price will never go do down....same goes to long when it break resistance, how many time you will see a true trend line breakout using hourly, 4H chart?

Go for daily chart to ride big trend....there will be 2-3 time in a year where big trends will come, and there is where you gain your positive ROI. I am not speaking based on demo or backtest result, but is based on my personal real account portfolio.

Forget scalping and day trading....

ya.. nice ncie XD

all platform r up to d standard if compare to malaysia tradin platform..lol.. oanda /fxcm r among d reputable 1.

Thanx 4 the info..
How bout an IB can intro 1 to me,

Try Instaforex ,the rate is stable and fixed spread.

If your interested,please visit www.instaforex.com

u like apples , i like fish. each people hav different wish... u like big pips dat giv u fortune, i like small pips dat giv me $ every 1hr/4hr/1day/1 week/1 month



we were all blessed dat forex hav scalper/short/mid/long term trader... if not, it will b like klse...

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Added on January 4, 2011, 7:22 pmIB is wat ? interbankfx? good also la...

This post has been edited by low yat 82: Jan 4 2011, 07:22 PM

Tried edi..spread quite high lo..
Anyway thanx..
Any phone apps?

for me , 1H TL is quite ok on M15 TF, 4H break is reliable enough (even fakey can get at least 30pips), just that you must couple this with trend trading, then it becomes a good system. Of course dont countertrend it.

maybe your pip range is super big at 800pips i guess ?? (EU last year got about 4 to 5 times 800pips movement)
i got turtle on another account, but only got 200pips on UJ last time......takes a lot of patience for a trade

like the example i attach on EU chart, 4H is quite ok, but it's the big banks that can manipulate the price, brokers can manipulate about 10pips, big banks can push it down even 150pips, so even with trendline breakout, the move is not as fast and not that smooth, it might break, then retest for 3times before the real move happens,

so if not used to this kind of movement, better dunt trade, or use multiple lot

this kind of pattern can also be seen on daily chart, weekly chart i never seen any lah


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@AllnGap

u still do moddin fan? hehe... i still usin d casinf fan u mod for me. it was 5-6 years ago....lol

What I did for my AU. Money in the pocket.

Close half @ first dotted horizontal line
Close another half @ second dotted horizontal line

It's been a while I'm away from the thread. Haha.




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hi..still rememb me?

Of coz bro, I see you are doing well for FX.

I still see bulkbiz here as well

haha... ok ok la...


currently m sidelining mayb for d day as well unless i see significant movement durin this 6 hr.. monitorin GU...

later got FOMC meeting, i wont touch FX till tomorrow....might be crazy today