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 Forex | Version 9, Foreign Exchange Market Discussion

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sapapa
post Sep 4 2011, 11:56 PM

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QUOTE(chengcheng @ Sep 4 2011, 09:48 PM)
Is Admiral Market Forex a reliable company?

Heard about it but not sure... as I am new in Forex trading..

Any comments?

notworthy.gif  notworthy.gif
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Not sure but u can trade oanda. They are very good. Tight spread. No minimum investment. Good and fast service. Withdraw via paypal or bank.
ericwen
post Sep 5 2011, 02:12 PM

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QUOTE(sapapa @ Sep 4 2011, 11:56 PM)
Not sure but u can trade oanda. They are very good. Tight spread. No minimum investment. Good and fast service. Withdraw via paypal or bank.
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i am new to forex and stock market. i know this is forex thread, but like to get some thoughts here. is it better to invest in forex over stock market? or better i invest both?

can i start as small capital like rm100 to see how it works? or i have to spend thousands?

if i want to start forex, how do i open an account? any tips?

i heard there are forex robots which i can follow to faster my learnings than relying on babypips, heard they was burutrader .. but now the website is under maintenance for awhile ... any other tips?

looking forward to hear from you soon. thanks smile.gif

scar_face008
post Sep 5 2011, 06:08 PM

opis boi
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labor day, be careful smile.gif
poks
post Sep 5 2011, 06:32 PM

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labour day US? good closed my positions... Mr Obama gonna speak some funny things i believe...

gold just can't break the top... now thinking of closing gold...

oppss... i thought sept 11 speech...

This post has been edited by poks: Sep 5 2011, 06:34 PM
qwertyuioped
post Sep 5 2011, 08:17 PM

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QUOTE(ericwen @ Sep 5 2011, 03:12 PM)
i am new to forex and stock market. i know this is forex thread, but like to get some thoughts here. is it better to invest in forex over stock market? or better i invest both?

can i start as small capital like rm100 to see how it works? or i have to spend thousands?

if i want to start forex, how do i open an account? any tips?

i heard there are forex robots which i can follow to faster my learnings than relying on babypips, heard they was burutrader .. but now the website is under maintenance for awhile ... any other tips?

looking forward to hear from you soon. thanks smile.gif
*
you dont need to spend a dime if you just want to see how it works..just download any mt4 from any brokers and try to trade with demo account...it is free...then you know how hard to trade.....just stay on demo account until you have a really good trading strategy that works for you...
personally i dont believe in expert advisors,they just blow ur account anyway...CMIIW
ericwen
post Sep 5 2011, 10:50 PM

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any good local publisher malaysia books to read about forex? or best place to learn forex is still babypips?
poks
post Sep 5 2011, 10:54 PM

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if this still holding on ...
will be good to short...........? hmm.gif


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scar_face008
post Sep 5 2011, 11:02 PM

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QUOTE(poks @ Sep 5 2011, 10:54 PM)
if this still holding on ...
will be good to short...........?  hmm.gif
user posted image
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technically, as long as price are above the cloud, it's not advisable to short. sort of like trade with the trend.

but if you're agressive and confident enough, why not? good luck nod.gif
poks
post Sep 5 2011, 11:30 PM

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ahhh....
the ichimoku for testing only.... hehehehe
too occupied with swiss...
the others bus left already...
swiss currently bouncing off 38%
now.... where to enter...
scar_face008
post Sep 6 2011, 12:08 AM

opis boi
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current price is good to short already. very near trendline, can have tight SL, or if upside breakout occur, very little to lose. small risk i think.

night, and good luck.
Quinn
post Sep 6 2011, 12:11 AM

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QUOTE(poks @ Sep 5 2011, 10:54 PM)
if this still holding on ...
will be good to short...........?  hmm.gif
*
Hi, what those horizontal lines you just drew is actually in the ichimoku chart. Do try to understand each ichimoku component.

For your posted chart, just wait for price to close below Tekan Sen. I would prefer to wait for Kijun sen instead.

TS = Short term traders.
KS = Swing traders.
Kumo = Long term traders.


Added on September 6, 2011, 12:17 amSome words to think about:

What is high probability trading?
It is to cut loss when you are wrong and maximize profits when you are right!

It is all about risk management.

This post has been edited by Quinn: Sep 6 2011, 12:17 AM
Quinn
post Sep 6 2011, 12:28 AM

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What a good blue monday!

If you had been reading ichimokuworld strategy and applying them, this is the big winner that turned out today.

Short EURUSD.
Short GBPUSD.
Short NZDUSD.
Buy USDCAD.



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wschoo26
post Sep 6 2011, 08:55 AM

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Mr Quinn, Thanks for sharing. Hmmm
Sorry to be a little 'rude'...when is ichimoku not accurate? I undertsand no trading when price inside cloud.what is is disadvantage of ichimoku? With your deep experience in ichimoku, I truly believe you know the strength and weakness of ichimoku and thats why u can trade so well with ichimoku.
Pls dont misunderstand...not a personal attack but so that all here can learn
Thank you in advance
Peace
poks
post Sep 6 2011, 02:44 PM

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QUOTE(Quinn @ Sep 6 2011, 12:11 AM)
Hi, what those horizontal lines you just drew is actually in the ichimoku chart. Do try to understand each ichimoku component.

For your posted chart, just wait for price to close below Tekan Sen. I would prefer to wait for Kijun sen instead.

TS = Short term traders.
KS = Swing traders.
Kumo = Long term traders.
noted..
still looking at chf...
nothing much today.... early sleep will be nice biggrin.gif

chf went up too high...gonna wait for retrace.... should have put order .... (ooppss... need chikou to confirm)

This post has been edited by poks: Sep 6 2011, 03:05 PM
Hunz
post Sep 6 2011, 02:53 PM

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dollar is so dead now . careful on trading i suppose
poks
post Sep 6 2011, 04:03 PM

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now... what makes this crazy move..... eur gdp?

this is the most crazy movement.....!

everything went crazy... hahahahah

This post has been edited by poks: Sep 6 2011, 04:07 PM


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Hunz
post Sep 6 2011, 04:16 PM

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Swiss National Bank sets minimum exchange rate at CHF 1.20 per eur

poks
post Sep 6 2011, 04:18 PM

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good thing i didn't enter...
if not gonna panic seeing 600+pips....
there it goes... now gonna move to other pairs...

hahahahahhhaahah

i think it will go down as fast as it went up on profit taking matter..
anyway that was the greatest move i ever see in my trading time at this moment rclxms.gif

This post has been edited by poks: Sep 6 2011, 04:21 PM
Hunz
post Sep 6 2011, 04:22 PM

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double top on gold?


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XP750
post Sep 6 2011, 04:25 PM

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ai..i got burned by that spike, shoot up 100+pips in a second
there's no big US news today, so what caused it??

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