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 Forex | Version 9, Foreign Exchange Market Discussion

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bulkbiz
post Aug 19 2011, 10:14 PM

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QUOTE(bone_me @ Aug 19 2011, 12:03 PM)
hi guys, anybody ever heard of the case 'blind leading the blind'?
*
This is exactly what happen in this forum, it is quite funny to see some joker
Quinn
post Aug 20 2011, 12:31 AM

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QUOTE(milkyboon @ Aug 19 2011, 07:14 PM)
Silver doing a breakthrough right now

(and... how do I upload an image??)

Spike over... no volume... people take profit...
*
Like +1

I long silver aiming for last high. Can't post chart now.
milkyboon
post Aug 20 2011, 08:07 PM

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An article by Jim Willie. Talking about silver.

http://www.gold-eagle.com/editorials_08/willie081711.html


Added on August 21, 2011, 4:57 amhttp://www.youtube.com/watch?v=8e3NVER7wjU&feature=mfu_in_order&list=UL

Silver again...and gold

This post has been edited by milkyboon: Aug 21 2011, 04:57 AM
iamsuccess
post Aug 21 2011, 09:22 AM

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Can someone advice me on the below questions.

1. What is an achievable percentage of return from Forex per month?
2. Can you trade just 10 minutes a day?
3. What is the best training course out there at the moment? Have anyone been to Mario Singh workshops?

Thanks.
hewtwok
post Aug 21 2011, 10:21 AM

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QUOTE(loselegend @ Aug 18 2011, 07:11 PM)
how much USD to buy 0.1 gold on current market? on leverage 1:100
*
assume current gold price is US1850

to buy 1 lot with leverage 1:100 = US1850/100 = US18.50

so to buy 0.1 lot is US1.85
poks
post Aug 21 2011, 06:38 PM

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biggrin.gif

something to share...


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spcx
post Aug 21 2011, 08:04 PM

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poks. does that mean we should go long on GBP/USD? ^^
poks
post Aug 21 2011, 09:03 PM

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QUOTE(spcx @ Aug 21 2011, 08:04 PM)
poks. does that mean we should go long on GBP/USD? ^^
*
after a strong selling or buying ....
it will reverse... i usually take the second or third candle as price failure...
other than that.. not advisable....
theory.... after a heavy sell/buy but reversed... the buyer/seller will attempt to make effort to push the price...
i usually trade this...... on 1H chart (the 15M is just for fun smile.gif )
oh ya.... follow the previous candle (blue;buy, red;sell)

you guys should know this better than me lorr.... heheheheh

This post has been edited by poks: Aug 21 2011, 09:24 PM


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tuaceng
post Aug 21 2011, 09:57 PM

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who has been trading with naked style here?
spcx
post Aug 21 2011, 10:27 PM

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poks, im new leh, been following you guys for a long time. did some practice on demo. deposited $1,000, haha now left with 600 =(

saw ur chart you have some small arrows pointing at those candles, what does it mean?

This post has been edited by spcx: Aug 21 2011, 10:29 PM
sapapa
post Aug 21 2011, 10:33 PM

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QUOTE(poks @ Aug 21 2011, 06:38 PM)
biggrin.gif

something to share...
*
How can u determine the price movement with juz BB, candle and s/r lines...it works but doesn't work out all the time...
poks
post Aug 21 2011, 10:38 PM

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QUOTE(spcx @ Aug 21 2011, 10:27 PM)
poks, im new leh, been following you guys for a long time. did some practice on demo. deposited $1,000, haha now left with 600 =(

saw ur chart you have some small arrows pointing at those candles, what does it mean?
*
see if you can understand this.... biggrin.gif
read more on price action..
use at your own risk tongue.gif


(* next week looking good... friday will be critical .. uncle Ben 10 gonna speak again... i love this guy !)


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scar_face008
post Aug 21 2011, 10:50 PM

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zzz, no wonder my chart looks wierd. you BB use 12,2 setting...

p/s: what does that AL value mean? your middle BBand? that number looks interesting...
spcx
post Aug 21 2011, 10:56 PM

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damn. ok going to go google some stuff to read about price actions.
poks
post Aug 21 2011, 10:57 PM

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hahahahhaha...
that AL i don't know... seems like value for 20sma..
some guy @youtube say to use 12period... tested... seems like ok...
anyway bb sometime i don't use much... the 20sma somehow more useful...
reading the chart feels much better... try to post some trades next week tongue.gif


Added on August 21, 2011, 10:59 pm
QUOTE(spcx @ Aug 21 2011, 10:56 PM)
damn. ok going to go google some stuff to read about price actions.
*
don't depend too much on price action...
p/s: good luck with your search.... i guarantee you will pening tongue.gif


Added on August 21, 2011, 11:03 pm
QUOTE(sapapa @ Aug 21 2011, 10:33 PM)
How can u determine the price movement with juz BB, candle and s/r lines...it works but doesn't work out all the time...
*
patient my friend... or else you will jump in & out all the time.... of course it doesn't work all the time... timing my friend...
how to determine? can you determine? rsi, mcd, etc etc...
it's one style & many more style you can find to trade...
still wonder how you trade.... hmmm


This post has been edited by poks: Aug 21 2011, 11:03 PM
spcx
post Aug 21 2011, 11:06 PM

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QUOTE(poks @ Aug 21 2011, 10:57 PM)
hahahahhaha...
that AL i don't know... seems like value for 20sma..
some guy @youtube say to use 12period... tested... seems like ok...
anyway bb sometime i don't use much... the 20sma somehow more useful...
reading the chart feels much better... try to post some trades next week tongue.gif


Added on August 21, 2011, 10:59 pm

don't depend too much on price action...
p/s: good luck with your search.... i guarantee you will pening tongue.gif


Added on August 21, 2011, 11:03 pm

patient my friend... or else you will jump in & out all the time.... of course it doesn't work all the time... timing my friend...
how to determine? can you determine? rsi, mcd, etc etc...
it's one style & many more style you can find to trade...
still wonder how you trade.... hmmm
*
so far i read and understood some Ichimoku and Fibonacci stuff..whats good for next study? backside itchy and i went n try scalping.. haha lost sad.gif
poks
post Aug 21 2011, 11:15 PM

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QUOTE(spcx @ Aug 21 2011, 11:06 PM)
so far i read and understood some Ichimoku and Fibonacci stuff..whats good for next study? backside itchy and i went n try scalping.. haha lost sad.gif
*
scalping? hahahahah... never have success in that....!
i'll say start at 1H or 4H to build up decipline.. (i lack of that..)
the bigger the time frame the less you make trade... fingers itchy... less loss... but bigger SL required?... control your feelings.....
read moreeee.....

Mr Sapapa... will appreciate if you can show a trade rclxms.gif


(seems like i'm not the only one up late doing analysis.. good... lets work hard !)

This post has been edited by poks: Aug 21 2011, 11:27 PM
scar_face008
post Aug 21 2011, 11:27 PM

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bigger SL doesn't mean you can risk more. it simply mean you need to scale your lot size.

for me, best way to scalp is major SnR bounce. just go with 20pips TP. no need to be greedy. 20 pips per week is good enough of a return. if you go 20:20 SL:TP, with 2% risk, you could probably double your account every year.
poks
post Aug 21 2011, 11:31 PM

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QUOTE(scar_face008 @ Aug 21 2011, 11:27 PM)
bigger SL doesn't mean you can risk more. it simply mean you need to scale your lot size.

for me, best way to scalp is major SnR bounce. just go with 20pips TP. no need to be greedy. 20 pips per week is good enough of a return. if you go 20:20 SL:TP, with 2% risk, you could probably double your account every year.
*
+1

ranau.... minum kopi @kk?? biggrin.gif
scar_face008
post Aug 21 2011, 11:34 PM

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lol, ranau <-> KK 2 hours, better drink at home~

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