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 Forex | Version 8, Foreign Exchange Market Discussion

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SUSAllnGap
post Dec 11 2010, 08:15 AM

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QUOTE(luqmanz @ Dec 10 2010, 01:09 PM)
Go to Google  ... look for "1000 pips seminggu" forum ..
There's a currency strength meter ....
*
does it look something like this ?
i've checked the flyingspaghettimonster forum claiming it can do 1000pips per week, actually, it doesnt work that simple if you trade so many pairs

if you wanna trade 5pairs cross pair with EU, why not just shot/EU with bigger lot size ?
just trade on 1 cross pair will be enough, why bother to monitor 5pairs at 1 time ?

even if this works, you know that each pair has got its own characteristics such as volatility and pip range, in the long run, i'm not sure whether it will be profitable.

the thing with forex is it is constantly changing, the more complex it is, the easier it will fail



This post has been edited by AllnGap: Dec 11 2010, 08:16 AM


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kelvin_tan
post Dec 11 2010, 10:45 AM

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@allngap
there is something called hedging smile.gif which is why sometimes ppl do not put all their eggs in a single basket
luqmanz
post Dec 12 2010, 12:44 AM

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QUOTE(AllnGap @ Dec 11 2010, 08:15 AM)
does it look something like this ?
i've checked the flyingspaghettimonster forum claiming it can do 1000pips per week, actually, it doesnt work that simple if you trade so many pairs

if you wanna trade 5pairs cross pair with EU, why not just shot/EU with bigger lot size ?
just trade on 1 cross pair will be enough, why bother to monitor 5pairs at 1 time ?

even if this works, you know that each pair has got its own characteristics such as volatility and pip range, in the long run, i'm not sure whether it will be profitable.

the thing with forex is it is constantly changing, the more complex it is, the easier it will fail
*
You dont have to trade exactly like how they described it in the forum ... just take the currency meter .. understand it and use it to your liking ...

After all ... every trader have their own style .. biggrin.gif
JinXXX
post Dec 12 2010, 12:49 PM

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QUOTE(julianljh @ Dec 10 2010, 09:43 PM)
anyone used maybank debit card to fund your ibfx account before? they told me my name not on the card and can't be used when i sent a copy of my debit card to them  rclxub.gif
*
i think they need a "credit card" kua....

apart from that.. yr IC name and yr debit card name is the same ??

Added on December 12, 2010, 12:53 pm
QUOTE(AllnGap @ Dec 11 2010, 08:15 AM)
does it look something like this ?
i've checked the flyingspaghettimonster forum claiming it can do 1000pips per week, actually, it doesnt work that simple if you trade so many pairs

if you wanna trade 5pairs cross pair with EU, why not just shot/EU with bigger lot size ?
*
those ppl aka multicurrency traders like me ... there is a reason that sometimes multicurrency trading works..
in some sense/sort of way it auto hedges and from there you can hedge yr main pair and make a tons of profit out of it smile.gif

QUOTE(kelvin_tan @ Dec 11 2010, 10:45 AM)
@allngap
there is something called hedging smile.gif which is why sometimes ppl do not put all their eggs in a single basket
*
i agree on this.. sometimes trading BIG ASS LOTS aren't not such a good idea..

cause like you said market to shitty or suddenly some crap new come out and all..

This post has been edited by JinXXX: Dec 12 2010, 12:53 PM
SUSAllnGap
post Dec 12 2010, 02:51 PM

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QUOTE(JinXXX @ Dec 12 2010, 12:49 PM)
i think they need a "credit card" kua....

apart from that.. yr IC name and yr debit card name is the same ??

Added on December 12, 2010, 12:53 pm

those ppl aka multicurrency traders like me ... there is a reason that sometimes multicurrency trading works..
in some sense/sort of way it auto hedges and from there you can hedge yr main pair and make a tons of profit out of it smile.gif
i agree on this.. sometimes trading BIG ASS LOTS aren't not such a good idea..

cause like you said market to shitty or suddenly some crap new come out and all..
*
okay got it, as long as you're profitable from it can d
low yat 82
post Dec 13 2010, 06:44 PM

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QUOTE(AllnGap @ Dec 11 2010, 08:15 AM)
does it look something like this ?
i've checked the flyingspaghettimonster forum claiming it can do 1000pips per week, actually, it doesnt work that simple if you trade so many pairs

if you wanna trade 5pairs cross pair with EU, why not just shot/EU with bigger lot size ?
just trade on 1 cross pair will be enough, why bother to monitor 5pairs at 1 time ?

even if this works, you know that each pair has got its own characteristics such as volatility and pip range, in the long run, i'm not sure whether it will be profitable.

the thing with forex is it is constantly changing, the more complex it is, the easier it will fail
*
arrggggg....my eyeeeeeee.. wat kind of line issitttttttt


SWINGG AAAA SWINGGGGGGGGGG!!!!~~~
Volatile369
post Dec 14 2010, 07:17 PM

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QUOTE(low yat 82 @ Dec 13 2010, 06:44 PM)
arrggggg....my eyeeeeeee.. wat kind of line issitttttttt
SWINGG AAAA SWINGGGGGGGGGG!!!!~~~
*
Hows trading man?
low yat 82
post Dec 14 2010, 09:50 PM

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QUOTE(Volatile369 @ Dec 14 2010, 07:17 PM)
Hows trading man?
*
as usual. normal lo..lol.. rested 2 weeks due to huge losses. XD
imax80
post Dec 14 2010, 11:18 PM

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QUOTE(luqmanz @ Dec 12 2010, 12:44 AM)
You dont have to trade exactly like how they described it in the forum ... just take the currency meter .. understand it and use it to your liking ...

After all ... every trader have their own style .. biggrin.gif
*
hi luqmanz..does the currency meter free? how to get it? blush.gif
luqmanz
post Dec 15 2010, 12:46 AM

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QUOTE(low yat 82 @ Dec 14 2010, 09:50 PM)
as usual. normal lo..lol.. rested 2 weeks due to huge losses. XD
*
Resting is good ... clear up our mind so we dont blow the account up LOL ...

Added on December 15, 2010, 12:48 am
QUOTE(imax80 @ Dec 14 2010, 11:18 PM)
hi luqmanz..does the currency meter free? how to get it? blush.gif
*
It's in that forum ... Currency Meter. Google the phrase "1000pips seminggu".

This post has been edited by luqmanz: Dec 15 2010, 12:48 AM
low yat 82
post Dec 15 2010, 08:45 AM

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QUOTE(luqmanz @ Dec 15 2010, 12:46 AM)
Resting is good ... clear up our mind so we dont blow the account up LOL ...

Added on December 15, 2010, 12:48 am

It's in that forum ... Currency Meter.  Google the phrase "1000pips seminggu".
*
lol...ya... there goes my november profit...zzzzzz
jeanhl
post Dec 15 2010, 10:34 AM

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can anyone tell me what is the BSB code when wire transfer from maybank to ibfx australia?
Volatile369
post Dec 15 2010, 10:40 AM

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QUOTE(low yat 82 @ Dec 15 2010, 08:45 AM)
lol...ya... there goes my november profit...zzzzzz
*
Owh, don worry bro, jiayou.. always hv another opportunity.. smile.gif

Rest rest & rejuvenate.

This post has been edited by Volatile369: Dec 15 2010, 10:46 AM
hjingyee
post Dec 15 2010, 02:16 PM

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Hello everyone ,I am newbie to forex . Mind to ask that forex is now legal in Malaysia ?
low yat 82
post Dec 15 2010, 03:02 PM

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QUOTE(jeanhl @ Dec 15 2010, 10:34 AM)
can anyone tell me what is the BSB code when wire transfer from maybank to ibfx australia?
*
BSB? issit SWIFT code? lol...

QUOTE(Volatile369 @ Dec 15 2010, 10:40 AM)
Owh, don worry bro, jiayou.. always hv another opportunity..  smile.gif

Rest rest & rejuvenate.
*
tqq... u too.. hehe...



QUOTE(hjingyee @ Dec 15 2010, 02:16 PM)
Hello everyone ,I am newbie to forex  . Mind to ask that forex is now legal in Malaysia ?
*
wat question issit? lol... its legal
hjingyee
post Dec 15 2010, 03:10 PM

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QUOTE(low yat 82 @ Dec 15 2010, 04:02 PM)
wat question issit? lol... its legal
*
but on jan2010 BNM stated that it is illegal ?

This post has been edited by hjingyee: Dec 15 2010, 03:13 PM
low yat 82
post Dec 15 2010, 03:14 PM

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QUOTE(hjingyee @ Dec 15 2010, 03:10 PM)
wat question issit? lol... its legal
*


but on jan2010 BNM stated that it is illegal ?
*
ya meh.lolol.

never heard of it. n alot malaysian do trade in forex.

This post has been edited by low yat 82: Dec 15 2010, 03:15 PM
jeanhl
post Dec 15 2010, 04:20 PM

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QUOTE(hjingyee @ Dec 15 2010, 02:16 PM)
Hello everyone ,I am newbie to forex  . Mind to ask that forex is now legal in Malaysia ?
*
be it legal or illegal, many people still trade forex in malaysia

QUOTE(low yat 82 @ Dec 15 2010, 03:02 PM)
BSB? issit SWIFT code? lol...
it's not swift code. ibfx give me swift code but maybank want BSB code. any idea? unsure.gif
TSbulkbiz
post Dec 15 2010, 04:21 PM

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Most pairs are in consolidate these days

This post has been edited by bulkbiz: Dec 15 2010, 04:22 PM
jeanhl
post Dec 15 2010, 05:41 PM

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QUOTE(KeiKurono @ Dec 15 2010, 05:27 PM)
i just sign up for a new demo account in forex n got gbp50000
i buy and sell all the f*cking currency ( coz its not my money ) n nothing happen to my money.
n then i got angry
so i f*cking buy all the currency n f*cking sell all the currency again n then nothing sh*t happen
when the pip goes on with green colour ( + sign ) so i f*cking close it down. ( close position )
so i thought i make a profit.
somef*ckingbody teach me how to do this sh*t. mad.gif

btw i learn forex in this video tutorial
https://practice.forex.com/uk/Learn

is there any currency that involve myr ( malaysian ringgit )
*
i dont think you can trade myr, hmm..why u wanna trade myr when u can trade other major currencies.

you can learn forex from babypips.com, good for newbies
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