Doesnt matter if your system can make 50%-90% correct trades if your MM still at level 0... you will still lose money in the end.
if you dont understand this, than you have long way to go = more money to lose, many frustration of making the same mistake over, over, over again..

you can build a 100 storey building... but if your foundation weak(MM) its just a matter of time bfore it collapse..

too bad the latest national fatwa says I cant trade anymore.. doing gold/silver with 1:1, I hope instaforex can get a Syariah advisor to offer to us a usable instrument to trade..

This is very correct. +1

hi, anybody knows of any forex broker outside US that allow funding via credit card? preferably MT4 broker. other than IBFX and Oanda

This post has been edited by woopypooky: Sep 28 2011, 08:44 PM

That is too bad bro, but I still don't get it, why is it like that? Mind to share the reason or explanation? Because trading is not betting/punting. Successful traders just trading with an edge, a slight edge ....is it because of leveraging?

Nice, Masters all are coming back~~ any ideas GU and EU will dip again?

Still holding short for both, no idea with the direction coz i never predict market movement ....

you can read it up here...
http://www.zaharuddin.net/senarai-lengkap-...ex-trading.html
at the moment im delving into spot gold/silver with 1:1 leverage, making changes to my trading
and going for monthly if not years of holding..

This post has been edited by Sham903n: Sep 29 2011, 08:48 AM

itu bukan fatwa...its not official yet...diorang cuma buat 'muzakarah'....plus different ulama has different views regarding this forex thing.

You're right, its not fatwa. But I would not dare challenge the experts in this. I guess another round of Solat Istikharah...

best thing if you're in doubt is to avoid it, just as what i've been doing.

'fatwa'.............. mmm i think not la............. pls ride ur life as usual ...

Well,now days i don't know why i like to invent new strategy with my own ideas and mentality.
Here is it to share a new project by me

Tadaaa :



Well this is a short H1 analysis A-Z what a trader need to know such as :-

Entry
Exit
SL
TP
and etc.


Explanation time :-

From the picture i did label some important highlights .

( 1 ) Find for the lowest low in the graph by using Awesome Oscillator indicator.
( 2 ) By viewing the graph,view the highest candle
( 3 ) Find the nearest candle if its below the highest candle = Downtrend.
If a new candle is about to open,just wait .If its above the candle = Uptrend
( 4 ) Draw the vertical line from the highest candle you choose, just like in the picture.
( 5 ) Draw a trendline to the nearest candle on the right side.
( 6 ) Draw another trendline from the lowest candle to the edge of another trendline.
( 7 ) A triangle was formed
( 8 ) You can go daily to view the next trend ( Swing ) , H1 for trading ( Intra) , M15 (Scalping)


Parabolic SAR will guide you in the journey my young MT5-ers.

My research shows Fractals shows you the parts of EW . I just realised it

Enjoy trading guys

Oh yea,this is my results :



Dont need backtest , show you live results to make those frown to smiles .

Instaforex allows scalpers,intra and swing.
Well,thumbs up for Instaforex .

Nice result. So, are u IB of instaforex? is this company trustworthy? i read thru the net and find out lot of ppl get scam by this company... So, what says u?

instaforex is quite ok...but the only problem is...it requotes alot....not sure is from my side or their side....

waiting for next candle to go south ..but expecting some corrective trend next monday ..that's for sure

I'm using platform MT5 below and using Chaos system by Bill William , and using BW trade in the zone ..abit ok for me as it already shown how to read the graph based on AO and AC movement

if AO and AC white = candle white (bull trade)
if AO and AC red = candle red (bear trade)

if AO red and AC white = candle grey (ranging..dont trade. just wait. Else just put trailing stop to secure your profit)
if AO white and AC red = candle grey (ranging..dont trade. just wait. Else just put trailing stop to secure your profit)

actually the grey candle is based on AC/AO changing . we can trade during grey candle happened , but risk is there.

so what we can do , we just put trailing stop (at least 55 pips) ..thats depending on Alligator (the 3 MA line on the chart)

need to study Trading Chaos book




fruit for thought . please care to comment

This post has been edited by kevler: Oct 1 2011, 12:23 PM

Great but it has some several false entry I have noticed. Candlesticks also play a huge row in here to determine entry I see. But I would prefer to use longer hour charts because it gives "lesser noises". Patience is the key here. I am talking about real patience.

agreed! .. false entry is persist ..need to learn more on how to check entry signal and exiting the trade ...the chart is just a chart ..a tool ...to confirm the entry/exit , that need more time to learn

for me the key player is the Fractal and also the zone trade which i put it into the candle.

this chart is TFH1 .. usually i will trade with TFH4 and D1 chart ...as what you told us to reduce noise on chart

This post has been edited by kevler: Oct 1 2011, 02:05 PM

kevler

can u share indi + temp. chaos

so far with chaos ...any false signal u get it....

the indi is just same for Chaos ...only added Zone trade indi

please do take note this is taken from MT5 platform ..not sure for MT4 , as the platform is diff , interms of MQL programming and environment of indicator execution.

i experience false signal during corrective move , eg. when the candle is near to Alligator and candle is perform channel or ranging ...which means the price is not break away from the trendline .

but anyway ...TAYOR !


 BWChaos.zip ( 2.43k ) Number of downloads: 7

There are no perfect system, just get out immediately and take the small losses. Just make sure this system can gain you big profit when you are right in the trade. My own system having losing trade more than winning trade but by the end of the year I still positive in ROI.

I am giving you all one tips that can earn you profit regardless how great your trading system is -- Equity curve trading.

Please see this link for more information http://www.adaptrade.com/Articles/article-eq.htm

I have no relationship with this website and my method is just similar .... cheers