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 Forex | Version 9, Foreign Exchange Market Discussion

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TSkevler
post Aug 4 2011, 12:35 PM, updated 14y ago

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Version 9 starts here


FAQ before initiate any advanced question



+----------------------------------------------------------------------------------------------------------------------------------------------+

Info:
www.babypips.com | www.dailyfx.com | www.forexfactory.com ( famous ) | www.forexcrunch.com
www.thelfb-forex.com | www.neattrade.blogspot.com | www.fxfisherman.com | www.fxstreet.com
www.forexlive.com | www.forexpeacearmy.com

Forex Calendar:
@ www.forexfactory.com | @ www.instaforex.com ( GMT+8 ) | @ www.fxfisherman.com | @ www.forexpeacearmy.com

Currency Meter/Index:
Currency Strength @ forexpeacearmy.com ( click for more info ) | Currency Index @ forexpeacearmy.com

Broker/Market Maker:
instaforex.my| FXopen.com

+----------------------------------------------------------------------------------------------------------------------------------------------+

LIVE Parliament Session:
Britain


This post has been edited by kevler: Aug 4 2011, 09:38 PM
TSkevler
post Aug 4 2011, 12:45 PM

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related to this news

Monetary Policy Statement

Overnight Call Rate

BOJ Press Conference


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poks
post Aug 4 2011, 01:14 PM

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#3 smile.gif
v9 starts.....

gotta be carefully today..
major news on gbp & eur tonight...

JinXXX
post Aug 4 2011, 01:52 PM

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yup...

will euro hit an iceberg

when it does will it drag the great gbp down ? will chf strengthen
thomas
post Aug 4 2011, 04:02 PM

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wow V9 ~!


JinXXX
post Aug 4 2011, 04:10 PM

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QUOTE(thomas @ Aug 4 2011, 04:02 PM)
wow V9 ~!
*
no result today to throw us all into envy ? tongue.gif
Hunz
post Aug 4 2011, 04:21 PM

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lol gold keep up and down 500k pip+
thomas
post Aug 4 2011, 04:34 PM

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QUOTE(JinXXX @ Aug 4 2011, 04:10 PM)
no result today to throw us all into envy ? tongue.gif
*
i withdrEw money ady...haha... rclxm9.gif rclxm9.gif rclxm9.gif
aminsa
post Aug 4 2011, 06:45 PM

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QUOTE(thomas @ Aug 4 2011, 04:34 PM)
i withdrEw money ady...haha... rclxm9.gif  rclxm9.gif  rclxm9.gif
*
What happened to you .You are such a good player based on your previous record. I'm the beginner, today is my 4th day trading live account. So scary to entry the market with my limited knowledge compare to other members here.
jigon
post Aug 4 2011, 07:30 PM

Terbaik!!!
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Been holding GU since 14/7... now price like ping pong.. rclxub.gif ..

what's your take guys?..to TP or still waiting?

guess i have to take some more patience pill.. sweat.gif

G/L

Cheers

wschoo26
post Aug 4 2011, 07:37 PM

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QUOTE(aminsa @ Aug 4 2011, 06:45 PM)
What happened to you .You are such a good player based on your previous record. I'm the beginner, today is my 4th day trading live account. So scary to entry the market with my limited knowledge compare to other members here.
*
I very surprised u use kishore way. U r another one of his sweet talking victims.Do u know his company has been suspended for about 6 months due to bank negara interrogation? and now he using another company name to 'cheat' public again.
Beware of those commercial trading course outside They suck your course fees first , then the market suck your money after u graduate. Though Thomas showed his performance, I still feel trading is never easy. If trading is easy, all of us no need to work, no need to meet deadline , no need to be scold by clients, no need to be scold by manager.But I appreciate Thomas sincerity and confidence show his trading result.Not many dare to show it. I doubt Kishore as well. Kishore taught so many students in his course...then u guess how many of his students become millionaire? and how many graduate with dissappointment?
Just sharing my personal opinion only.
poks
post Aug 4 2011, 07:55 PM

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i never trust any class etc....
what is there you cannot learn under the sun?
those thing will never beat your actual trading experience...
anyway... uncle tricet will be speaking soon... hopefully he'll do better than uncle ben last time...

Hunz
post Aug 4 2011, 08:08 PM

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learn yourself smile.gif

btw gold is on heavy move now. order time ~
howszat
post Aug 4 2011, 08:53 PM

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QUOTE(thomas @ Aug 4 2011, 04:34 PM)
i withdrEw money ady...haha... rclxm9.gif  rclxm9.gif  rclxm9.gif
*

Start up another mt4stats lah, but don't publish it - only selectively let people know by PM...


Added on August 4, 2011, 8:55 pm
QUOTE(aminsa @ Aug 4 2011, 06:45 PM)
What happened to you .You are such a good player based on your previous record. I'm the beginner, today is my 4th day trading live account. So scary to entry the market with my limited knowledge compare to other members here.
*

With limited knowledge, you have a choice of trading demo first until your knowledge is less limited...


This post has been edited by howszat: Aug 4 2011, 08:55 PM
qwertyuioped
post Aug 4 2011, 09:34 PM

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QUOTE(howszat @ Aug 4 2011, 09:53 PM)
Start up another mt4stats lah, but don't publish it - only selectively let people know by PM...
i would really biggrin.gif like to see that....
thomas
post Aug 5 2011, 02:58 AM

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QUOTE(wschoo26 @ Aug 4 2011, 07:37 PM)
I very surprised u use kishore way. U r another one  of his sweet talking victims.Do u know his company has been suspended for about 6 months due to bank negara interrogation? and now he using another company name to 'cheat' public again.
Beware of those commercial trading course outside They suck your course fees first , then the market suck your money after u graduate. Though Thomas showed his performance, I still feel trading is never easy. If trading is easy, all of us no need to work, no need to meet deadline , no need to be scold by clients, no need to be scold by manager.But I appreciate Thomas sincerity and confidence show his trading result.Not many dare to show it. I doubt Kishore as well. Kishore taught so many students in his course...then u guess how many of his students become millionaire? and how many graduate with dissappointment?
Just sharing my personal opinion only.
*
Allow me to clarify,

1)I am 24years old, owned 2 companies,doing Event Management & Computer Servicing.But not Forex Classes.

2)My way is very easy, BOLLINGER BAND, no magic, just basic.

3)Will show a new print screen if have chance.


aminsa
post Aug 5 2011, 03:15 AM

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QUOTE(wschoo26 @ Aug 4 2011, 07:37 PM)
I very surprised u use kishore way. U r another one  of his sweet talking victims.Do u know his company has been suspended for about 6 months due to bank negara interrogation? and now he using another company name to 'cheat' public again.
Beware of those commercial trading course outside They suck your course fees first , then the market suck your money after u graduate. Though Thomas showed his performance, I still feel trading is never easy. If trading is easy, all of us no need to work, no need to meet deadline , no need to be scold by clients, no need to be scold by manager.But I appreciate Thomas sincerity and confidence show his trading result.Not many dare to show it. I doubt Kishore as well. Kishore taught so many students in his course...then u guess how many of his students become millionaire? and how many graduate with dissappointment?
Just sharing my personal opinion only.
*
I Just use Kishore Technique but never took his class. I search youtube to test his technique - the result mostly lost all the time. Now I'm using my own technique and started to recovering from lost. Another Us70 to go. Tonight just got another Us62.

This post has been edited by aminsa: Aug 5 2011, 05:47 AM
jebonen
post Aug 5 2011, 03:21 AM

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#v9... im newbie in the house..... pls teach me.....
TSkevler
post Aug 5 2011, 05:56 AM

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QUOTE(jebonen @ Aug 5 2011, 03:21 AM)
#v9... im newbie in the house..... pls teach me.....
*
everytime the market against us , we are newbie :-)
poks
post Aug 5 2011, 07:16 AM

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last night was tough !
aiya....
anyway... gold showing it will go up again.....? (false)



Added on August 5, 2011, 7:23 am
QUOTE(thomas @ Aug 5 2011, 02:58 AM)
Allow me to clarify,

1)I am 24years old, owned 2 companies,doing Event Management & Computer Servicing.But not Forex Classes.


*
no need to do class .... no one will fry fried mee & make teh tarik for us biggrin.gif

This post has been edited by poks: Aug 5 2011, 07:41 AM
wschoo26
post Aug 5 2011, 09:28 AM

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QUOTE(aminsa @ Aug 5 2011, 03:15 AM)
I Just use Kishore Technique but never took his class. I search youtube to test his technique - the result mostly lost all the time. Now I'm using my own technique and started to recovering from lost. Another Us70 to go. Tonight just got another Us62.
*
Lucky u no take kishore course. God bless u


Added on August 5, 2011, 9:33 am
QUOTE(thomas @ Aug 5 2011, 02:58 AM)
Allow me to clarify,

1)I am 24years old, owned 2 companies,doing Event Management & Computer Servicing.But not Forex Classes.

2)My way is very easy, BOLLINGER BAND, no magic, just basic.

3)Will show a new print screen if have chance.
*
1)At your young age, you have reach mastery. Impressive and capable person

2)More detail if u willing. U use smaller time frame chart for entry and exit? As i saw u trade all time frame from yr previous post. I try to figure out how u trade but without success. I dont know a simple bolinger can be so powerful.
Last time i use channel, fibo, elliot wave ,parabolic sars, macd , sma , ema, bolinger...all failed me...maybe i not good in reading chart

3)Yes..hoping to see more of your print screen and it is most appreciated

This post has been edited by wschoo26: Aug 5 2011, 09:33 AM
NinjaAss@ssin
post Aug 5 2011, 09:40 AM

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IMO, gold price won't up till that high anymore, coz it had already rose around 12pct from 1470 sth, to 1680, so it will retrace to find another support. Correct if im wrong.

This post has been edited by NinjaAss@ssin: Aug 5 2011, 09:44 AM
thomas
post Aug 5 2011, 09:41 AM

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QUOTE(wschoo26 @ Aug 5 2011, 09:28 AM)
Lucky u no take kishore course. God bless u


Added on August 5, 2011, 9:33 am
1)At your young age, you have reach mastery. Impressive and capable person

2)More detail if u willing. U use smaller time frame chart for entry and exit? As i saw u trade all time frame from yr previous post. I try to figure out how u trade but without success. I dont know a simple bolinger can be so powerful.
Last time i use channel, fibo, elliot wave ,parabolic sars, macd , sma , ema, bolinger...all failed me...maybe i not good in reading chart

3)Yes..hoping to see more of your print screen and it is most appreciated
*
in 20days Bollinger Band, we have SMA 20 in the middle rolleyes.gif


Anyone play FUTURES ? it's time to LONG !!!



wschoo26
post Aug 5 2011, 09:41 AM

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I am 40 yrs old and had been beaten badly by forex. Thats why i keep pointing out trading is risky. It is not a personal attack. I just speaking from my experience. Hope you guys dont misunderstand me.
For newbie, pls start with small capital or demo first till it shows consistent result. Once u master your skill, i know it is a good way to make money. Again..i speaking from my personal experience. I am not soeaking as a professional traders...hehehe. This is a good forum i like to read and well spent time and effort following the forum....thanks for the forum starter.
thomas
post Aug 5 2011, 09:43 AM

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QUOTE(wschoo26 @ Aug 5 2011, 09:41 AM)
I am 40 yrs old and had been beaten badly by forex. Thats why i keep pointing out trading is risky. It is not a personal attack. I just speaking from my experience. Hope you guys dont misunderstand me.
For newbie, pls start with small capital or demo first till it shows consistent result. Once u master your skill, i know it is a good way to make money. Again..i speaking from my personal experience. I am not soeaking as a professional traders...hehehe. This is a good forum i like to read and well spent time and effort following the forum....thanks for the forum starter.
*
GOOD ADVICE +1
LIKE +1


aminsa
post Aug 5 2011, 09:50 AM

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QUOTE(poks @ Aug 5 2011, 07:16 AM)
last night was tough !
aiya....
anyway... gold showing it will go up again.....? (false)

Added on August 5, 2011, 7:23 am

no need to do class .... no one will fry fried mee & make teh tarik for us  biggrin.gif
*
I think we should be buying gold now. It's going up right now
thomas
post Aug 5 2011, 09:51 AM

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QUOTE(thomas @ Aug 5 2011, 09:41 AM)
in 20days Bollinger Band, we have SMA 20 in the middle  rolleyes.gif
Anyone play FUTURES ? it's time to LONG !!!
*
Futures is rising , checkout with Bollinger Band !
NinjaAss@ssin
post Aug 5 2011, 09:56 AM

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QUOTE(wschoo26 @ Aug 5 2011, 09:41 AM)
I am 40 yrs old and had been beaten badly by forex. Thats why i keep pointing out trading is risky. It is not a personal attack. I just speaking from my experience. Hope you guys dont misunderstand me.
For newbie, pls start with small capital or demo first till it shows consistent result. Once u master your skill, i know it is a good way to make money. Again..i speaking from my personal experience. I am not soeaking as a professional traders...hehehe. This is a good forum i like to read and well spent time and effort following the forum....thanks for the forum starter.
*
How much money have you lose to forex trading? I have a few hundred us gone last time because of the bad money management and poor emotional control once encounter loses.
Quinn
post Aug 5 2011, 09:58 AM

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QUOTE(NinjaAss@ssin @ Aug 5 2011, 09:40 AM)
IMO, gold price won't up till that high anymore, coz it had already rose around 12pct from 1470 sth, to 1680, so it will retrace to find another support. Correct if im wrong.
*
Where do you think people will move their money at this point of time? Attached is Dow Jones chart.


Attached thumbnail(s)
Attached Image
NinjaAss@ssin
post Aug 5 2011, 10:03 AM

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I have no idea... Usd value getting lower at this moment... But anyhow, let see tonight US NFP and unemployment rate, that will decide where it will goes, hopefully.

This post has been edited by NinjaAss@ssin: Aug 5 2011, 10:04 AM
thomas
post Aug 5 2011, 10:04 AM

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QUOTE(thomas @ Aug 5 2011, 09:51 AM)
Futures is rising , checkout with Bollinger Band !
*
Can understand already how I make money already through Bollinger Band ?


Added on August 5, 2011, 10:07 am
QUOTE(thomas @ Aug 5 2011, 10:04 AM)
Can understand already how I make money already through Bollinger Band ?
*
1516 up till 1522 , 1 pip RM 50, total 6pips = RM 300


intraday broker charge : RM 48

Net Profit RM 252

This post has been edited by thomas: Aug 5 2011, 10:07 AM
Hunz
post Aug 5 2011, 10:30 AM

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QUOTE(NinjaAss@ssin @ Aug 5 2011, 09:40 AM)
IMO, gold price won't up till that high anymore, coz it had already rose around 12pct from 1470 sth, to 1680, so it will retrace to find another support. Correct if im wrong.
*
Gold is finding the way to 1700
aminsa
post Aug 5 2011, 10:56 AM

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Now I'm fully recovered from lost and start counting profit some more
JinXXX
post Aug 5 2011, 11:07 AM

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QUOTE(aminsa @ Aug 5 2011, 10:56 AM)
Now I'm fully recovered from lost and start counting profit some more
*
how much of a loss and how long did you take to recover ?


aminsa
post Aug 5 2011, 11:14 AM

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QUOTE(JinXXX @ Aug 5 2011, 11:07 AM)
how much of a loss and how long did you take to recover ?
*
Lost US$240 during my 1st day live trading and now fully recovered plus US$70 profit after 4 days.

This post has been edited by aminsa: Aug 5 2011, 11:30 AM
poks
post Aug 5 2011, 11:38 AM

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QUOTE(aminsa @ Aug 5 2011, 09:50 AM)
I think we should be buying gold now. It's going up right now
*
waiting to sell back....
borrow the bb.... never tot it easy to interpret...
another arsenal......
usd & gbp currently showing revesal & trend continuation.....??


Added on August 5, 2011, 11:40 am
QUOTE(NinjaAss@ssin @ Aug 5 2011, 10:03 AM)
I have no idea... Usd value getting lower at this moment... But anyhow, let see tonight US NFP and unemployment rate, that will decide where it will goes, hopefully.
*
i don't think you guys trade this...
but part of my indicator... fxcm's dollar index...
this show reversal and so do usd & gbp...
i see entries here.........

This post has been edited by poks: Aug 5 2011, 11:43 AM


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Darkmage12
post Aug 5 2011, 11:49 AM

shhhhhhhhh come i tell you something hehe
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QUOTE(thomas @ Aug 5 2011, 02:58 AM)
Allow me to clarify,

1)I am 24years old, owned 2 companies,doing Event Management & Computer Servicing.But not Forex Classes.

2)My way is very easy, BOLLINGER BAND, no magic, just basic.

3)Will show a new print screen if have chance.
*
yaya this is the truth hahaha
Quinn
post Aug 5 2011, 12:13 PM

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QUOTE(jebonen @ Aug 5 2011, 03:21 AM)
#v9... im newbie in the house..... pls teach me.....
*
I'm newbie too. Someone pls share some bollinger secret!
thomas
post Aug 5 2011, 12:45 PM

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QUOTE(aminsa @ Aug 5 2011, 11:14 AM)
Lost US$240 during my 1st day live trading and now fully recovered plus US$70 profit after 4 days.
*
No one hold a trade for over 24 hours,except you have a big Free margin to run.

Please THROW when you're making wrong trade.


Added on August 5, 2011, 12:48 pm
QUOTE(Quinn @ Aug 5 2011, 12:13 PM)
I'm newbie too. Someone pls share some bollinger secret!
*
really no secret..




the secret :

go study how bollinger works on a chart,m1,m5,m15,m30,h1 & h4

This post has been edited by thomas: Aug 5 2011, 12:48 PM
qwertyuioped
post Aug 5 2011, 12:51 PM

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QUOTE(thomas @ Aug 5 2011, 01:45 PM)

really no secret..
the secret :

go study how bollinger works on a chart,m1,m5,m15,m30,h1 & h4
tried that...but cant see shit...or maybe im looking it in the wrong way? hmm.gif
thomas
post Aug 5 2011, 12:56 PM

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QUOTE(qwertyuioped @ Aug 5 2011, 12:51 PM)
tried that...but cant see shit...or maybe im looking it in the wrong way? hmm.gif
*
1st lesson :
When entering Bollinger Squeeze,

Stick reach the top band(SELL)
Stick reach the bottom band (BUY)
MUST INTERSECT



Target profit :

SELLER, see candle stick touch bottom Band , CLOSE DEAL ,COUNT MONEY
BUYER,see candle stick touch upper Band, CLOSE DEAL , COUNT MONEY.


Play safe : CLOSE DEAL when reach middle BAND



Traders, please pay courses fee !!!

This post has been edited by thomas: Aug 5 2011, 01:02 PM
poks
post Aug 5 2011, 12:56 PM

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QUOTE(qwertyuioped @ Aug 5 2011, 12:51 PM)
tried that...but cant see shit...or maybe im looking it in the wrong way? hmm.gif
*
it's easy.. hahahahahah
managed to scalp a lot just now.....
now gonna stand down and study more bb.....
thomas
post Aug 5 2011, 12:59 PM

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I got 3 lessons

2nd & 3rd one are the most proffitable !!

Hunz
post Aug 5 2011, 01:07 PM

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Your first lesson
http://www.babypips.com/school/bollinger-b...CFQN76wod1HE_JQ
thomas
post Aug 5 2011, 01:09 PM

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QUOTE(Hunz @ Aug 5 2011, 01:07 PM)
That's why I told you, no magic,just basic....


Added on August 5, 2011, 1:12 pmMy consistant winning that can up to over 100% ROI is because of my

3rd lesson,

THE EXACT TIMING TO TRADE


Added on August 5, 2011, 1:16 pmHave you see my previous print screen post up that I make money & close deal within 5-10mins ?

This post has been edited by thomas: Aug 5 2011, 01:16 PM
Quinn
post Aug 5 2011, 01:23 PM

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pok has become his student tongue.gif
poks
post Aug 5 2011, 01:31 PM

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QUOTE(Quinn @ Aug 5 2011, 01:23 PM)
pok has become his student tongue.gif
*
hahaha.... i don't mind as long as can get $$$ and no $$$ involved....
anyway... another arsenal ++
Hunz
post Aug 5 2011, 01:35 PM

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QUOTE(thomas @ Aug 5 2011, 01:09 PM)
That's why I told you, no magic,just basic....


Added on August 5, 2011, 1:12 pmMy consistant winning that can up to over 100% ROI is because of my

3rd lesson,

THE EXACT TIMING TO TRADE


Added on August 5, 2011, 1:16 pmHave you see my previous print screen post up that I make money & close deal within 5-10mins ?
*
Yeah I have see before.
Usually i close after 200 pips more for the gold. I see you close quite fast.

This post has been edited by Hunz: Aug 5 2011, 01:36 PM
thomas
post Aug 5 2011, 01:38 PM

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QUOTE(poks @ Aug 5 2011, 01:31 PM)
hahaha.... i don't mind as long as can get $$$ and no $$$ involved....
anyway... another arsenal  ++
*
apa maksud Arsenal PLUS PLUS ?
poks
post Aug 5 2011, 01:50 PM

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QUOTE(thomas @ Aug 5 2011, 01:38 PM)
apa maksud Arsenal PLUS PLUS ?
*
bb + candle + fibo = arsenal ++


*** Thanks for the BB.... ***
so.... in that case on 1H gold will go up further....?
went to close @200+ pip
biggrin.gif

This post has been edited by poks: Aug 5 2011, 01:58 PM
thomas
post Aug 5 2011, 01:54 PM

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QUOTE(poks @ Aug 5 2011, 01:50 PM)
bb + candle + fibo = arsenal ++

biggrin.gif
*
Would be nice if Mongolian + Malaysian + French... tongue.gif
wschoo26
post Aug 5 2011, 02:05 PM

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QUOTE(thomas @ Aug 5 2011, 09:51 AM)
Futures is rising , checkout with Bollinger Band !
*
1)Tat middle band is normal sma line only. As far as i know ..if based on sma line, why need to use bolinger band? I can just plot in 20 sma , 50 sma and 100 sma, 200 sma...
U hav rights not to reply me as I fully understand that is your secret. U hav yr rights to 'protect' yr trading skill. I understand your rights as well, If you reply it...then today everyone benefit from u and i am sure they appreciate yr kindness too.
I also appreciate for your kindness in sharing some hint here. Really appreciate.
thomas
post Aug 5 2011, 02:11 PM

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QUOTE(wschoo26 @ Aug 5 2011, 02:05 PM)
1)Tat middle band is normal sma line only. As far as i know ..if based on sma line, why need to use bolinger band? I can just plot in 20 sma , 50 sma and 100 sma, 200 sma...
U hav rights not to reply me as I fully understand that is your secret. U hav yr rights to 'protect' yr trading skill. I understand your rights as well, If you reply it...then today everyone benefit from u and i am sure they appreciate yr kindness too.
I also appreciate for your kindness in sharing some hint here. Really appreciate.
*
whistling.gif
If you happy and you know it clap your hands, CLAP rclxms.gif CLAP!! rclxms.gif
wschoo26
post Aug 5 2011, 02:25 PM

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QUOTE(NinjaAss@ssin @ Aug 5 2011, 09:56 AM)
How much money have you lose to forex trading? I have a few hundred us gone last time because of the bad money management and poor emotional control once encounter loses.
*
haha...talk about losing money..i am no. 1 here. champion of losing money...lost usd33k!! ( no joke, i did it and i dare to admit it, no hiding)Really pain in my ass. Lost appetitte(chinese say giv u dragon meat u also no mood to eat), lost sleep,lost mood(yr fren spend u drink , girl, etc etc..u just simply no mood), watch funny movie also cant smile, it is like a dead of your love ones, dead of your favourites pet. And a lot demotivation from my friends..eg told u already..cannot be done, wake up , wake up, etc etc.It is like end of the world. Lucky no go klcc tower to jump down oh.
Still not yet give up but trade very careful now. Drop down , stand up again and be a wiser person, learn from past mistake - (i use it to console myself)
took a lot commercial trading course...all suck money only. All graduates also lost money.Now u know why i hate those commercial trading course? In fact , i learn technical more from internet eg youtube & forum than from those courses.Dont think those commercial courses is magic.
Thomas post giv me some 'hope/courage' back cos he bold enough to post his result. But i still tread carefully as i know i am slow learner. Tats why i use robot to trade now....cannot stand in front of the screen 24 hours. Earn part time in forex enuf for me at the moment.
Last time i tot i can be rich fast but end up pokai faster.
So.newbie...that is a true life confession..tread carefully...take your time to learn and practise..market wont run away and you all will live longer than me, so...dont rush..trading experience very important...i already old age.
Btw, i heard those bankers see price faster than our mt4/5. and banks can see how many park buy and sell position. So, they will squeeze those putting SL, frighten u all first....then only move the price.
I attended a free preview , i think they call it wykoff....before they push up price, they push it down first to scare other...then only push up..u can see it in equity market. Just my personal experience only ya( i am not professional trader)...dont follow me...my trading style can make u pokai faster. biggrin.gif


Added on August 5, 2011, 2:27 pm
QUOTE(thomas @ Aug 5 2011, 02:11 PM)
whistling.gif
If you happy and you know it clap your hands, CLAP  rclxms.gif  CLAP!!  rclxms.gif
*
hehe..i clap with one hand first as i still overwhelmed with my losses. U r a kind person. Good thing will come back to you in return

This post has been edited by wschoo26: Aug 5 2011, 02:27 PM
JinXXX
post Aug 5 2011, 02:29 PM

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QUOTE(thomas @ Aug 5 2011, 12:56 PM)
1st lesson :
When entering Bollinger Squeeze,

Stick reach the top band(SELL)
Stick reach the bottom band (BUY)
MUST INTERSECT

Target profit :

SELLER, see candle stick touch bottom Band , CLOSE  DEAL ,COUNT MONEY
BUYER,see candle stick touch upper Band, CLOSE DEAL , COUNT MONEY.
Play safe : CLOSE DEAL when reach middle BAND
Traders, please pay courses fee !!!
*
well i think bb suites gold cause gold is a fast moving piece of shit...

suddenly up suddenly down...

for each up and down swing u earn end of the day you kaya lo....


thomas
post Aug 5 2011, 02:30 PM

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QUOTE(wschoo26 @ Aug 5 2011, 02:25 PM)
haha...talk about losing money..i am no. 1 here. champion of losing money...lost usd33k!! ( no joke, i did it and i dare to admit it, no hiding)Really pain in my ass. Lost appetitte(chinese say giv u dragon meat u also no mood to eat), lost sleep,lost mood(yr fren spend u drink , girl, etc etc..u just simply no mood),  watch funny movie also cant smile, it is like a dead of your love ones, dead of your favourites pet. And a lot demotivation from my friends..eg told u already..cannot be done, wake up , wake up, etc etc.It is like end of the world. Lucky no go klcc tower to jump down oh.
Still not yet give up but trade very careful now. Drop down , stand up again and be a wiser person, learn from past mistake - (i use it to console myself)
took a lot commercial trading course...all suck money only. All graduates also lost money.Now u know why i hate those commercial trading course? In fact , i learn technical more from internet eg youtube & forum than from those courses.Dont think those commercial courses is magic.
Thomas post giv me some 'hope/courage' back cos he bold enough to post his result. But i still tread carefully as i know i am slow learner. Tats why i use robot to trade now....cannot stand in front of the screen 24 hours. Earn part time in forex enuf for me at the moment.
Last time i tot i can be rich fast but end up pokai faster.
So.newbie...that is a true life confession..tread carefully...take your time to learn and practise..market wont run away and you all will live longer than me, so...dont rush..trading experience very important...i already old age.
Btw, i heard those bankers see price faster than our mt4/5. and banks can see how many park buy and sell position. So, they will squeeze those putting SL, frighten u all first....then only move the price.
I attended a free preview , i think  they call it wykoff....before they push up price, they push it down first to scare other...then only push up..u can see it in equity market. Just my personal experience only ya( i am not professional trader)...dont follow me...my trading style can make u pokai faster. biggrin.gif


Added on August 5, 2011, 2:27 pm
hehe..i clap with one hand first as i still overwhelmed with my losses. U r a kind person. Good thing will come back to you in return
*
Thank you my dear friend....


1st big JOKE about Forex Market to NEWBIE : They sure earn ,so called BEGINNER'S LUCK.


2nd big Joke who played Forex Market for some time... : 90% of your trade, you LONG ,it SHORT, when you SHORT it LONG

JinXXX
post Aug 5 2011, 02:33 PM

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QUOTE(thomas @ Aug 5 2011, 02:30 PM)
Thank you my dear friend....
1st big JOKE about Forex Market to NEWBIE : They sure earn ,so called BEGINNER'S LUCK.
2nd big Joke who played Forex Market for some time... : 90% of your trade, you LONG ,it SHORT, when you SHORT it LONG

*
+1 , QFT.. seems like your in yr 3rd stage mindset of trading smile.gif


sapapa
post Aug 5 2011, 02:39 PM

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QUOTE(thomas @ Aug 5 2011, 12:56 PM)
1st lesson :
When entering Bollinger Squeeze,

Stick reach the top band(SELL)
Stick reach the bottom band (BUY)
MUST INTERSECT

Target profit :

SELLER, see candle stick touch bottom Band , CLOSE  DEAL ,COUNT MONEY
BUYER,see candle stick touch upper Band, CLOSE DEAL , COUNT MONEY.
Play safe : CLOSE DEAL when reach middle BAND
Traders, please pay courses fee !!!
*
Haha, this is a joke and is definiately gambling.

Rule number 1 ) Don't try to predict the market
Rule number 2 ) It can touch either top or bottom and continue the trend for hours without going back to middle band
Rule number 3 ) It can't work on all market conditions or all pairs.
Rule number 4 ) Markets have season, you can only use this in "THE" season, once its out of "THE" season, you will lose back all to the market.
Rule number 5 ) Just because you get 100% ROI for 1 week doesn't mean you get for 1 month.
Rule number 6 ) Greed kills more people than whiskey.
poks
post Aug 5 2011, 02:40 PM

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QUOTE(wschoo26 @ Aug 5 2011, 02:25 PM)
...lost usd33k!!


Added on August 5, 2011, 2:27 pm
hehe..i clap with one hand first as i still overwhelmed with my losses. U r a kind person. Good thing will come back to you in return
*
i admire you !
i was told forex is dangerous...
i think those people who don't know don't put effort will say such...
but i take it as challenge... if people can why not me?
anyway .... gold retracing @50% gonna get ready to short...

This post has been edited by poks: Aug 5 2011, 02:41 PM
sapapa
post Aug 5 2011, 02:44 PM

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Get-rich don't makes a life-time, just one wrong step, you are as good as back to square one or even worse.
poks
post Aug 5 2011, 02:47 PM

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QUOTE(sapapa @ Aug 5 2011, 02:39 PM)
Haha, this is a joke and is definiately gambling.

*
gambling or not depends on your system setup...
if trading with bb, are you using bb only?
if trading with fibo, are you using fibo only?
if trading with candle pattern, are you using candle pattern only?

i wonder what you use..... i wish you can post 1 chart setup for us to see....
JinXXX
post Aug 5 2011, 02:48 PM

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QUOTE(sapapa @ Aug 5 2011, 02:44 PM)
Get-rich don't makes a life-time, just one wrong step, you are as good as back to square one or even worse.
*
thats when u get up.. learn from the mistakes and move forward...

thats how it is in life also... learn and move forward.. try again...


Added on August 5, 2011, 2:49 pm
QUOTE(poks @ Aug 5 2011, 02:47 PM)
gambling or not depends on your system setup...
if trading with bb, are you using bb only?
if trading with fibo, are you using fibo only?
if trading with candle pattern, are you using candle pattern only?

i wonder what you use..... i wish you can post 1 chart setup for us to see....
*
isn't forex a type of gamble ? you use tools to aid you to make a better prediction.. eg candles.. bb.stoch..fibs.. etc etc



This post has been edited by JinXXX: Aug 5 2011, 02:49 PM
poks
post Aug 5 2011, 02:53 PM

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QUOTE(JinXXX @ Aug 5 2011, 02:48 PM)
isn't forex a type of gamble ? you use tools to aid you to make a better prediction.. eg candles.. bb.stoch..fibs.. etc etc
*
rclxms.gif
+1
gambling for me is 10% possibility
with added tool 50 - 70% possibility (not so gambling for me if so then all the stock buyers gamble)

This post has been edited by poks: Aug 5 2011, 02:55 PM
sapapa
post Aug 5 2011, 02:54 PM

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QUOTE(JinXXX @ Aug 5 2011, 02:48 PM)
thats when u get up.. learn from the mistakes and move forward...

thats how it is in life also... learn and move forward.. try again...


Added on August 5, 2011, 2:49 pm

isn't forex a type of gamble ? you use tools to aid you to make a better prediction.. eg candles.. bb.stoch..fibs.. etc etc
*
But the fact is, most people don't learn from their mistake. They thought they had learned from their mistake, but they repeat it again, again and again. Mistakes are logic. Human nature are emotion creatures, they are not computer program. That is why, most people lose money and more money and more until they quit the game call "Forex".
wschoo26
post Aug 5 2011, 02:56 PM

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QUOTE(poks @ Aug 5 2011, 02:40 PM)
i admire you !
i was told forex is dangerous...
i think those people who don't know don't put effort will say such...
but i take it as challenge... if people can why not me?
anyway .... gold retracing @50% gonna get ready to short...
*
yes correct....once u feel it..u will know it. How to describe pain? acnt be desribe in words. Pain is to be feeled. .Last time i also say..if ppl can...why cant me...but i was driven by greed. After lost so much, i learnt wat is disiplin and nafsu.
Trade carefully, small small till confident is a good policy. Forex got leverage and demo account.They give very good way for newbie or failure traders like me to learn again. Msia equity and Malaysia fcpo no leverage. HOw govt encourage its nation to learn /take part more in msia trading?No demo account to learn. KLSE reduce lot size(1000 to 100) but that dont encourage more market participant


Added on August 5, 2011, 2:59 pm
QUOTE(sapapa @ Aug 5 2011, 02:54 PM)
But the fact is, most people don't learn from their mistake. They thought they had learned from their mistake, but they repeat it again, again and again. Mistakes are logic. Human nature are emotion creatures, they are not computer program. That is why, most people lose money and more money and more until they quit the game call "Forex".
*
i agree with u too...human is still human overpower my emotion...when we got rm10 million, we dont the true value of rm1. But when we got rm1 only..we really know wat is true value of rm1.

This post has been edited by wschoo26: Aug 5 2011, 02:59 PM
jigon
post Aug 5 2011, 03:24 PM

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QUOTE(jigon @ Aug 4 2011, 07:30 PM)
Been holding GU since 14/7... now price like ping pong.. rclxub.gif ..

what's your take guys?..to TP or still waiting?

guess i have to take some more patience pill.. sweat.gif

G/L

Cheers
*
Still holding... yawn.gif

G/L

Cheers
poks
post Aug 5 2011, 03:33 PM

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QUOTE(jigon @ Aug 5 2011, 03:24 PM)
Still holding... yawn.gif

G/L

Cheers
*
hmmm... price not moving that much... must be waiting for the later NFP news....
Hunz
post Aug 5 2011, 04:27 PM

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user posted image

manage to profit in the deep valley of gold
mkaz
post Aug 5 2011, 05:27 PM

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thomas u r scalper or day trader ??
which tf u usually monitor b4 trade ??
TSkevler
post Aug 5 2011, 09:14 PM

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how's NFP ? isn't that great ? haha

on 2nd August, regarding US debt issue ...it is just a beginning of next great disturbance, confusion, or uncertainty.

believe me ...USD will going down on next wave ..

This post has been edited by kevler: Aug 6 2011, 05:13 AM
wschoo26
post Aug 5 2011, 10:02 PM

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QUOTE(kevler @ Aug 5 2011, 09:14 PM)
how's NFP ? isn't that great ? haha

on 2nd August,  regarding US devt issue ...it is just a beginning of next great disturbance, confusion, or uncertainty.

believe me ...USD will going down on next wave ..
*
Ya..agree..i saw NFP result green but usd index still dont move up , sitting like a solid rock. traders not confident. Hehe...my humble opinion only..i am failure trader
JinXXX
post Aug 5 2011, 10:40 PM

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QUOTE(wschoo26 @ Aug 5 2011, 10:02 PM)
Ya..agree..i saw NFP result green but usd index still dont move up , sitting like a solid rock. traders not confident. Hehe...my humble opinion only..i am failure trader
*
the market is still uncertain if US can continue the good growth..

how are things on the euro side ? the italy and dont know who else debt problem
wschoo26
post Aug 6 2011, 12:20 AM

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QUOTE(JinXXX @ Aug 5 2011, 10:40 PM)
the market is still uncertain if US can continue the good growth..

how are things on the euro side ? the italy and dont know who else debt problem
*
i not good in analysing.I always failed at it and make me headache. I still use robot.Still testing under demo, consistent result.but testing under big account, usd5 million(this account never blow.I use usd5 million to convince myself the rich will forever getting richer, Poor people will eat more expensive rice than rich people). 10 days trading generate usd541k...floating loss usd23k..going to start live soon if demo still show consistent profit.God bless me this time



Added on August 6, 2011, 12:26 amHmmm..very quiet here...where all gone? Probably celebrating profit from NFP?


This post has been edited by wschoo26: Aug 6 2011, 12:29 AM
jigon
post Aug 6 2011, 05:37 AM

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testing a robot for ten days and you gonna start live soon? i strongly disagree on that move..

robot only need 1 funny call and the rest will be history..

btw, care to share the robot you're using.. tongue.gif really like to backtest them..

G/L

Cheers



scar_face008
post Aug 6 2011, 05:57 AM

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NFP are great, the only problem is i sleep at 9 sad.gif
JinXXX
post Aug 6 2011, 07:26 AM

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QUOTE(jigon @ Aug 6 2011, 05:37 AM)
testing a robot for ten days and you gonna start live soon? i strongly disagree on that move..

robot only need 1 funny call and the rest will be history..

btw, care to share the robot you're using.. tongue.gif  really like to backtest them..

G/L

Cheers
*
u can actually test a robot live.. using micro lots.. 1pip 1cent..

just throw 250 USD , and test the robot live lo easier...
wschoo26
post Aug 6 2011, 09:52 AM

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QUOTE(JinXXX @ Aug 6 2011, 07:26 AM)
u can actually test a robot live.. using micro lots.. 1pip 1cent..

just throw 250 USD , and test the robot live lo easier...
*
i plsn to use leverage 1:1000 capital usd300. Can earn petrol money enuf lor...no plan to make trading as main income...too risky for me as I heard a lot bad news about robot


Added on August 6, 2011, 10:07 am
QUOTE(jigon @ Aug 6 2011, 05:37 AM)
testing a robot for ten days and you gonna start live soon? i strongly disagree on that move..

robot only need 1 funny call and the rest will be history..

btw, care to share the robot you're using.. tongue.gif  really like to backtest them..

G/L

Cheers
*
hint:u download martingale ea and then modify it to trade one direction only. Adjust the lot size, , tp , max trade and Mings.

The demo account i posted is not practical...u can see it open audusd 9800lot in one trade(total u can see it open about 20klot on audusd)...so big lot...broker will do funny thing behind you. That robot cannot make me rich but i believe can make small money only. Trade manual is best and most profitable but i surrender white flag on manual.The big demo account tested 10 days trading.Other 4 small demo account tested about 4 months....2 blow already...hahahaha. cannot greedy..play 2 pair or 1 pair...avoid yen pair, small lot...after earn enuf of yr capital, withdraw yr capital..use other people money to trade(i posted the concept earlier on).anyway..dont know can work or not la....only time can tell


Added on August 6, 2011, 10:21 am
QUOTE(scar_face008 @ Aug 6 2011, 05:57 AM)
NFP are great, the only problem is i sleep at 9 sad.gif
*
Sleep at 9pm? so early? wat work u do can make u sleep at 9pm? I cant sleep at 9pm , my eye will still open big big and my mind will still thinking how to make more money.. tongue.gif


Added on August 6, 2011, 12:40 pmI dont know this guy , I just randomly search some free tutorial from internet as i free today ,K1shore 100% winning tips.
He said buy eur on 24/11 to 6/12 every year wor...sure up, 100% winning strategies...u all free to verify it? I not good in analysis.
watch his video.
100% win
He claimed he make 233% return on 2005, the highest in world history!!
Why george soros, warren buffet no need to hardsell , no need to yell, no need to make booth at fair like all other commerical trading course trainer(the above video is one sample). IMHO, if got 100% winning strategies, holy grail...u dont need to earn money from training at all.......george soros , warren buffet are perfect examples(my that modified ea already can generate that income with usd5 million. demo...if those got 100% winning strategy...usd5 million profit usd5 million!!!oh man...the sky is raining gold and diamond.....HOpefully those still hunting for magical trading commerial course can open their eyes and minds and see what is 'udang disebalik batu'
See how many innocent spectators there.....
Think deeper , u will get it

This post has been edited by wschoo26: Aug 6 2011, 12:40 PM
poks
post Aug 6 2011, 12:40 PM

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NFP dammn killed near 30% yesterday's profit....
should sleep early next time.....
it's weekend... what to do?? gonna sleep.....
get ready for next week yeh !!!

robot....?
hmmm...
flex.gif

This post has been edited by poks: Aug 6 2011, 12:45 PM
wschoo26
post Aug 6 2011, 12:58 PM

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QUOTE(poks @ Aug 6 2011, 12:40 PM)
NFP dammn killed near 30% yesterday's profit....
should sleep early next time.....
it's weekend... what to do?? gonna sleep.....
get ready for next week yeh !!!

robot....?
hmmm...
flex.gif
*
weeeknd a lot thign to do wor at yr personal will and time. Date yr bf or gf. Learn some useful knowledge from internet, polish trading skill, Watch some good movies, Email some good friends, play some sports, cook some new dish, bake some cake, etc etc
scar_face008
post Aug 6 2011, 05:19 PM

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QUOTE(wschoo26 @ Aug 6 2011, 09:52 AM)
Sleep at 9pm? so early? wat work u do can make u sleep at 9pm? I cant sleep at 9pm , my eye will still open big big and my mind will still thinking how to make more money.. tongue.gif
*
ya lor, go out at 830am, reach home 5pm. sitting in car 90% of the time driving. feel tired. lol.
Attached Image
EU 1H chart last night

as you can see, the two bottom red area is good for scalping (or gambling, since no confirmation can be made, except on lower TF). price break the middle red are (range resistance), and proceed to the next resistance, retrace, and continue to challenge shortterm-downtrend line. lucky i didn't try to short at that area. but miss the breakout also.
wschoo26
post Aug 6 2011, 08:40 PM

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QUOTE(scar_face008 @ Aug 6 2011, 05:19 PM)
ya lor, go out at 830am, reach home 5pm. sitting in car 90% of the time driving. feel tired. lol.
Attached Image
EU 1H chart last night

as you can see, the two bottom red area is good for scalping (or gambling, since no confirmation can be made, except on lower TF). price break the middle red are (range resistance), and proceed to the next resistance, retrace, and continue to challenge shortterm-downtrend line. lucky i didn't try to short at that area. but miss the breakout also.
*
yalor...those traders know USA will be downgraded by Standard & Poor much earlier than us, insider news. Next week us index should drop lor
I think forum starter , kevler also a great trader after i read what he post:
kevler:believe me ...USD will going down on next wave ..

aminsa
post Aug 6 2011, 10:30 PM

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QUOTE(jigon @ Aug 6 2011, 05:37 AM)
testing a robot for ten days and you gonna start live soon? i strongly disagree on that move..

robot only need 1 funny call and the rest will be history..

btw, care to share the robot you're using.. tongue.gif  really like to backtest them..

G/L

Cheers
*
I've read somewhere in a ebook said since I started involve in forex 1.5 months ago, You only automate (robot) your trading strategy after you are satisfied with your profitable manual trading. Don't quickly jump to automation without manually test the trading plan for a very long time.

This post has been edited by aminsa: Aug 6 2011, 10:31 PM
sapapa
post Aug 6 2011, 10:31 PM

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QUOTE(wschoo26 @ Aug 6 2011, 08:40 PM)
yalor...those traders know USA will be downgraded by Standard & Poor much earlier than us, insider news. Next week us index should drop lor
I think forum starter , kevler also a great trader after i read what he post:
kevler:believe me ...USD will going down on next wave ..
*
Rule number 1 : Never-ever listen to people and do your own judgement.
Rule number 2 : Always remember rule number 1.
jebonen
post Aug 6 2011, 11:45 PM

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QUOTE(sapapa @ Aug 6 2011, 10:31 PM)
Rule number 1 : Never-ever listen to people and do your own judgement.
Rule number 2 : Always remember rule number 1.
*
other ppl view maybe give us some 'light'... so it will help us on our TA/FA... futhermore.... are u sure ur TA/FA always perfect?... than.. u sure be superich rite now.. biggrin.gif
TSkevler
post Aug 7 2011, 12:56 PM

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QUOTE(wschoo26 @ Aug 6 2011, 08:40 PM)
yalor...those traders know USA will be downgraded by Standard & Poor much earlier than us, insider news. Next week us index should drop lor
I think forum starter , kevler also a great trader after i read what he post:
kevler:believe me ...USD will going down on next wave ..
*
haha..i just a small trader ...great trader i'm not

i'm also learning ...from you guys and some other forums :-)


QUOTE(sapapa @ Aug 6 2011, 10:31 PM)
Rule number 1 : Never-ever listen to people and do your own judgement.
Rule number 2 : Always remember rule number 1.
*
after several news and TAs i did on USD and also the fall of DJIA last week , i dont see why USD will rise ...not on several weeks ...also S&P downgrade ratings on US credits from AAA to AA+

http://spectator.org/blog/2011/08/07/thoug...-credit-downgra

before i express my judgment on USD , i made some homework and this is my own judgment on USD ...

QUOTE(jebonen @ Aug 6 2011, 11:45 PM)
other ppl view maybe give us some 'light'... so it will help us on our TA/FA... futhermore.... are u sure ur TA/FA always perfect?... than.. u sure be superich rite now.. biggrin.gif
*
thanks Jeb , we are merely observer of trends and waves :-)

p/s lepas raya leh set teh tarik dengan luqmanz :-)

sapapa
post Aug 7 2011, 02:20 PM

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QUOTE(kevler @ Aug 7 2011, 12:56 PM)
haha..i just a small trader ...great trader i'm not

after several news and TAs i did on USD and also the fall of DJIA last week , i dont see why USD will rise ...not on several weeks ...also S&P downgrade ratings on US credits from AAA to AA+

http://spectator.org/blog/2011/08/07/thoug...-credit-downgra

before i express my judgment on USD , i made some homework and this is my own judgment on USD ...

*
I'm not saying that your opinion is wrong. Just that some people tend to listen to too many comments from many other medias that will cloud the judgement of the person. Some say will down, some say will up. The best thing is do your own judgement, with proper analysis.


Added on August 7, 2011, 2:22 pm
QUOTE(jebonen @ Aug 6 2011, 11:45 PM)
other ppl view maybe give us some 'light'... so it will help us on our TA/FA... futhermore.... are u sure ur TA/FA always perfect?... than.. u sure be superich rite now.. biggrin.gif
*
As you already said, "maybe", but you need to know that the majority of players lose money so you are actually "getting" the info from them...

This post has been edited by sapapa: Aug 7 2011, 02:22 PM
poks
post Aug 7 2011, 07:55 PM

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QUOTE(sapapa @ Aug 6 2011, 10:31 PM)
Rule number 1 : Never-ever listen to people and do your own judgement.
Rule number 2 : Always remember rule number 1.
*
i'll say thanks to anyone who give tips...
but i'll make my own analysis...
no need to give such comments to someone who is sharing his opinion...
unless i'm very very good ...
anyway... i'll say usd will go down unless those financial ministers interrupt again like last week (correction for usd down trend?)...
jpy went up 1+% (the day before i think) then went down 0.5% friday.... hmmm

** news are just news... what matter is what you see on your chart movement... **

This post has been edited by poks: Aug 7 2011, 08:00 PM
sapapa
post Aug 7 2011, 09:48 PM

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QUOTE(poks @ Aug 7 2011, 07:55 PM)
i'll say thanks to anyone who give tips...
but i'll make my own analysis...
no need to give such comments to someone who is sharing his opinion...
unless i'm very very good ...
anyway... i'll say usd will go down unless those financial ministers interrupt again like last week (correction for usd down trend?)...
jpy went up 1+% (the day before i think) then went down 0.5% friday.... hmmm

** news are just news... what matter is what you see on your chart movement... **
*
You need to know exactly where to get the "right" info from, the internet is too big and you will be caught unaware if you go to the wrong places until you EXPERIENCE it yourself. Time will tell...
poks
post Aug 7 2011, 10:20 PM

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QUOTE(sapapa @ Aug 7 2011, 09:48 PM)
You need to know exactly where to get the "right" info from, the internet is too big and you will be caught unaware if you go to the wrong places until you EXPERIENCE it yourself. Time will tell...
*
sorry man... i trade without news.... i even get out during critical news release...
not a fundamentalist..

something to look at... eur & gbp will still be in range next week? if so gotta get ready to shortt....

*** i believe this thread is where we share info and not commenting on others view ***

This post has been edited by poks: Aug 7 2011, 11:14 PM


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jebonen
post Aug 8 2011, 02:04 AM

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*** i believe this thread is where we share info and not commenting on others view ***
yap...let sharing.... dif ppl dif view...... tongue.gif
jigon
post Aug 8 2011, 07:16 AM

Terbaik!!!
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QUOTE(wschoo26 @ Aug 6 2011, 09:52 AM)
i plsn to use leverage 1:1000 capital usd300. Can earn petrol money enuf lor...no plan to make trading as main income...too risky for me as I heard a lot bad news about robot


Added on August 6, 2011, 10:07 am
hint:u download martingale ea and then modify it to trade one direction only. Adjust the lot size, , tp , max trade and Mings.


Added on August 6, 2011, 12:40 pm
*
ahhh..martingale..been there done that..not interested in your robot.. tongue.gif

i'm searching for robot based on moving average..anyone knows?

just spent a minimal amount of time to analyse the chart, you'll appreciate more the time you spent since it gives you more income vs time ratio..or more loses vs time ratio.. tongue.gif

G/L

Cheers


Hunz
post Aug 8 2011, 08:29 AM

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GOLD open at asian market with a high price.
over 200 pips different thumbup.gif thumbup.gif
NinjaAss@ssin
post Aug 8 2011, 12:28 PM

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Gold is doing excellently fking great!! Shoot up 40$ in this morning itself! Wonder when the bubble will burst! Hahah!
thomas
post Aug 8 2011, 12:31 PM

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QUOTE(NinjaAss@ssin @ Aug 8 2011, 12:28 PM)
Gold is doing excellently fking great!! Shoot up 40$ in this morning itself! Wonder when the bubble will burst! Hahah!
*
Investor losing trust on EURO & USD ,they go for GOLD.
Hunz
post Aug 8 2011, 01:47 PM

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Waiting for gold to go down now.
overbought already
billytong
post Aug 8 2011, 03:43 PM

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At this rate pretty soon u will heard some scientist trying to make lead into gold. tongue.gif
poks
post Aug 8 2011, 05:29 PM

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QUOTE(NinjaAss@ssin @ Aug 8 2011, 12:28 PM)
Gold is doing excellently fking great!! Shoot up 40$ in this morning itself! Wonder when the bubble will burst! Hahah!
*
rclxms.gif

17+++
if this continue... next week will be a week to sell my physical gold...
Darkmage12
post Aug 8 2011, 07:14 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(poks @ Aug 8 2011, 05:29 PM)
rclxms.gif

17+++
if this continue... next week will be a week to sell my physical gold...
*
2k is near brows.gif
Quinn
post Aug 8 2011, 07:46 PM

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QUOTE(Hunz @ Aug 8 2011, 01:47 PM)
Waiting for gold to go down now.
overbought already
*
What do you mean ovebought? If things don't look good it will soar higher. It will only do slight retracement when ppl want to take some profit and it will still climb higher, imho.
Hunz
post Aug 8 2011, 09:06 PM

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err it retraced after overbought...like now
poks
post Aug 8 2011, 09:55 PM

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QUOTE(Hunz @ Aug 8 2011, 09:06 PM)
err it retraced after overbought...like now
*
@1H chart...
if it bounce @50% 1681.43 and candle blue will be a good buy... buy i'll wait for the next candle just to confirm changes...
eur & gbp showing me to get ready to enter....


...price jumping here and there.....wonder what is happening..???

This post has been edited by poks: Aug 8 2011, 10:07 PM
Quinn
post Aug 8 2011, 10:11 PM

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Good night all, see you tomorrow. A good 500+ pips on a blue monday.
thomas
post Aug 8 2011, 10:38 PM

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Dow Jones dropped exceed 3% , byebye America~
mkaz
post Aug 9 2011, 02:27 AM

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QUOTE(thomas @ Aug 8 2011, 12:31 PM)
Investor losing trust on EURO & USD ,they go for GOLD.
*
yes it's true,bcoz of u guys i start to trade gold now tongue.gif
(eventhough its only a demo)
poks
post Aug 9 2011, 07:40 AM

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QUOTE(mkaz @ Aug 9 2011, 02:27 AM)
yes it's true,bcoz of u guys i start to trade gold now tongue.gif
(eventhough its only a demo)
*
i tot you trading for real given you offer usd5 to open account .. hehehe tongue.gif
bought @1699... still looking good...
pass previous high....
gonna get ready to counter...
Hunz
post Aug 9 2011, 09:39 AM

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Asian market rose GOLD again. Reached my TP smile.gif
NinjaAss@ssin
post Aug 9 2011, 11:01 AM

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Gold has reach 1750, rise 42$ for today. Now gold price is more expensive that platinum already!
Hunz
post Aug 9 2011, 11:10 AM

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This is madness lol
saw some sign of retracement soon

new high 1750 .. still going.. hmm.gif hmm.gif

This post has been edited by Hunz: Aug 9 2011, 11:14 AM
seanooi880327
post Aug 9 2011, 11:32 AM

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Hi, is that http://www.tradersroom.com/home save to do forex trading?
im thinking to open an acc..
or have other good recommend?

JinXXX
post Aug 9 2011, 11:39 AM

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ahhh.. guess this is the first stage for me...

habis kena sapu and jilat lantai..

time to take a break and see the storm sweep how many people to their doom...
poks
post Aug 9 2011, 11:55 AM

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hahahahah
+4000 pip on gold......
still holding......
hahahahahah
Hunz
post Aug 9 2011, 12:36 PM

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another new high 177x for the gold. angry bull sial
NinjaAss@ssin
post Aug 9 2011, 06:04 PM

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Gold bullish, but silver bearish... I thought these two metal prices should move in parallel. This is weird..
myvi5949
post Aug 9 2011, 06:23 PM

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yesterday i dont even look at the chart..just click buy JPY and CHF
lol forex is sooo easy....

QUOTE(NinjaAss@ssin @ Aug 9 2011, 06:04 PM)
Gold bullish, but silver bearish... I thought these two metal prices should move in parallel. This is weird..
*
Silver is not viewed as safe haven like gold is.. big banks dont stock up on silver bullion. silver is more volatile than gold because its a very small market.. so the price can be unpredictable.. plus it got more commodity values compared to gold..but they generally move together.



This post has been edited by myvi5949: Aug 9 2011, 06:27 PM
Darkmage12
post Aug 9 2011, 08:27 PM

shhhhhhhhh come i tell you something hehe
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Gold is unstoppable. No need to close trade also can continue. Reach 2k soon hahaha
DM3
post Aug 9 2011, 09:38 PM

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Aussie $ began to drop slightly eh?
poks
post Aug 10 2011, 07:33 AM

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QUOTE(Darkmage12 @ Aug 9 2011, 08:27 PM)
Gold is unstoppable. No need to close trade also can continue. Reach 2k soon hahaha
*
still holding buy....
now if this don't break the ice ... gonna counter again smile.gif + trailing
http://www.babypips.com/forexpedia/Triple_Top
now.... will this be a major reversal ????? hmmmm

flex.gif

eur going down??

This post has been edited by poks: Aug 10 2011, 07:42 AM


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scar_face008
post Aug 10 2011, 08:51 AM

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QUOTE(poks @ Aug 10 2011, 07:33 AM)
eur going down??
*
since that's the 1st reversal sign in bollinger band, i take it as a continuation pattern. let's just wait how it play out. don't forget to put stoploss nod.gif

though i am short term downside bias on EU as risk aversion would lead to USD safety. and any rally above 4350 won't go far. just my bias opinion.

the point is, trade what you see, not what you think you're seeing.

This post has been edited by scar_face008: Aug 10 2011, 08:54 AM
myvi5949
post Aug 10 2011, 10:01 AM

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the fed not going to raise rates until 2013.. this is big news for gold holders..

http://www.bloomberg.com/news/2011-08-09/d...h-mid-2013.html
poks
post Aug 10 2011, 10:41 AM

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QUOTE(scar_face008 @ Aug 10 2011, 08:51 AM)
since that's the 1st reversal sign in bollinger band, i take it as a continuation pattern. let's just wait how it play out. don't forget to put stoploss nod.gif
*
i agree +1 ..
scalped that one...
it's still in uptrend... it's out side the bear channel...


Hunz
post Aug 10 2011, 03:44 PM

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bull is not that strong today. but there is a signal for entry now :0

This post has been edited by Hunz: Aug 10 2011, 03:44 PM
poks
post Aug 10 2011, 04:34 PM

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seems like price trading in range....
maybe after US rating is down again then maybe got movement...
smile.gif
suddenly today feels like friday... so slow.... but good for scalping..
xau gonna reverse again? still in range...
----------------------------------------------------------------------------------
at this rate of movement.. sleeping will be the best option... gold CRAWLING up.....

This post has been edited by poks: Aug 10 2011, 08:33 PM
wschoo26
post Aug 10 2011, 10:54 PM

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Another roller coaster night...u guys no trade at night? Dont know tomolo japan intervene or not...now is every country down down down(except swizt..up up up being gold so strong...i heard they wan to increase spread on gold..any updated news? )...maybe G7 ask japan makan sendiri this time....i look at gj monthly chart...very scarry...another 500 pips down is lowest since 1st may 1989(my chart only can see up to 1st may 1989)
poks
post Aug 10 2011, 11:07 PM

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currently dropped currencies....
now more into gold... silver looking good also....
just can't break 1779.38...
gonna be intervention soon i think...
us stock down 3-4%... donno if the breaker gonna be hit...
crazy market...
missed eur... double top reversal but still sleeping...haiyaa.. it showing reversal... if this confirm we'll be back to bull channel.... may be good time to go long

This post has been edited by poks: Aug 10 2011, 11:17 PM


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wschoo26
post Aug 11 2011, 05:17 AM

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QUOTE(poks @ Aug 10 2011, 11:07 PM)
currently dropped currencies....
now more into gold... silver looking good also....
just can't break 1779.38...
gonna be intervention soon i think...
us stock down 3-4%... donno if the breaker gonna be hit...
crazy market...
missed eur... double top reversal but still sleeping...haiyaa.. it showing reversal... if this confirm we'll be back to bull channel.... may be good time to go long
*
OIC..now all become gold diggers or open gold mine already....no wonders .......hehe..
poks
post Aug 11 2011, 07:03 AM

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QUOTE(wschoo26 @ Aug 11 2011, 05:17 AM)
OIC..now all become gold diggers or open gold mine already....no wonders .......hehe..
*
hahahahahahha........ rclxms.gif
gold looks good.... physically and speculatively ......
gonna open silver mine soon... good thing cannot trade uranium...
if have i also gonna open uranium mine..... biggrin.gif

This post has been edited by poks: Aug 11 2011, 07:09 AM
jack2
post Aug 11 2011, 12:55 PM

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Anyone did try any personal forex coach here?
scar_face008
post Aug 11 2011, 03:43 PM

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most here learned the harder but cheaper way.
poks
post Aug 11 2011, 07:25 PM

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gold & silver mine...
seems like gonna have a good entries.....


Added on August 11, 2011, 7:27 pm
QUOTE(scar_face008 @ Aug 11 2011, 03:43 PM)
most here learned the harder but cheaper way.
*
ya true....
too many resources you can get for free nowadays...

This post has been edited by poks: Aug 11 2011, 08:14 PM
Hunz
post Aug 11 2011, 10:02 PM

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Yep, it is almost time for entry in gold
DM3
post Aug 12 2011, 01:32 AM

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yea gold drop 1% to 1765/oz
jebonen
post Aug 12 2011, 01:47 AM

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just to give 'semangat'...
[attachmentid=2381638]
poks
post Aug 12 2011, 08:57 AM

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gold showing up again?
next hour candle will confirm the move smile.gif
need to change to currencies already..... to much gold for this week biggrin.gif

This post has been edited by poks: Aug 12 2011, 08:58 AM


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DM3
post Aug 12 2011, 12:28 PM

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who here buy lots of USD now?
spcx
post Aug 13 2011, 12:00 AM

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guys how to get certified document if want to register for ibfx au? o.o

it says

"Any identity and address documents sent to IBFX Australia must be certified by an appropriately professional person - police officer, practising solicitor, an MP, a regulated financial services authority etc. "

how did you guys open an account there?
Lunarian
post Aug 13 2011, 06:58 AM

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QUOTE(spcx @ Aug 13 2011, 12:00 AM)
guys how to get certified document if want to register for ibfx au? o.o

it says

"Any identity and address documents sent to IBFX Australia must be certified by an appropriately professional person - police officer, practising solicitor, an MP, a regulated financial services authority etc. "

how did you guys open an account there?
*
I opened an account about 4 - 5 months ago.

I got my IC certified by bringing my original and photocopy IC to CIMB bank and getting them to chop and certify the document.

You could do it with the police as well, but must be an officer with high rank who can stamp/chop and sign/validate the photocopy.

Then, all you got to do is scan the document and email it over. smile.gif
poks
post Aug 13 2011, 07:54 AM

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QUOTE(spcx @ Aug 13 2011, 12:00 AM)
guys how to get certified document if want to register for ibfx au? o.o

it says

"Any identity and address documents sent to IBFX Australia must be certified by an appropriately professional person - police officer, practising solicitor, an MP, a regulated financial services authority etc. "

how did you guys open an account there?
*
never thought that opening account nowadays is getting harder....
rachel9966
post Aug 13 2011, 09:34 AM

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Anyone know which regulated broker can trade FX as well as S&P 500 index?... most i found are not regulated.
sapapa
post Aug 13 2011, 11:02 AM

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QUOTE(rachel9966 @ Aug 13 2011, 09:34 AM)
Anyone know which regulated broker can trade FX as well as S&P 500 index?... most i found are not regulated.
*
FXCM
kiddo
post Aug 13 2011, 01:14 PM

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QUOTE(Lunarian @ Aug 13 2011, 06:58 AM)
I opened an account about 4 - 5 months ago.

I got my IC certified by bringing my original and photocopy IC to CIMB bank and getting them to chop and certify the document.

You could do it with the police as well, but must be an officer with high rank who can stamp/chop and sign/validate the photocopy.

Then, all you got to do is scan the document and email it over.  smile.gif
*
what reason you give to the CIMB bank to get them certify it? will they layan? sweat.gif
can do over the counter with the teller? or the side desk officer?

This post has been edited by kiddo: Aug 13 2011, 01:15 PM
spcx
post Aug 13 2011, 03:13 PM

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QUOTE(kiddo @ Aug 13 2011, 01:14 PM)
what reason you give to the CIMB bank to get them certify it? will they layan?  sweat.gif
can do over the counter with the teller? or the side desk officer?
*
yea i want to know too. takkan you just go over there and ask them to certify my document.. o.o


Added on August 13, 2011, 10:03 pmooo jus checked, apparently can do it at commissioners of oath...

This post has been edited by spcx: Aug 13 2011, 10:03 PM
guozong
post Aug 14 2011, 09:25 PM

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QUOTE(kiddo @ Aug 13 2011, 01:14 PM)
what reason you give to the CIMB bank to get them certify it? will they layan?  sweat.gif
can do over the counter with the teller? or the side desk officer?
*
I do certified by hsbc bank last time. I just told them i will work oversea and i need a bank account which asked me for certified statement.


Added on August 14, 2011, 9:26 pmGoing for full time trader this year. Can anyone enlighten me how to settle the income tax as forex in my only income?

Thanks





This post has been edited by guozong: Aug 14 2011, 09:26 PM
myvi5949
post Aug 14 2011, 09:29 PM

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QUOTE(guozong @ Aug 14 2011, 09:25 PM)
I do certified by hsbc bank last time. I just told them i will work oversea and i need a bank account which asked me for certified statement.


Added on August 14, 2011, 9:26 pmGoing for full time trader this year. Can anyone enlighten me how to settle the income tax as forex in my only income?

Thanks
*
wow full time trader ... your capital must be huge..
Hunz
post Aug 14 2011, 09:30 PM

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I can't find a reason to go short for gold next week but i am going too sad.gif
myvi5949
post Aug 14 2011, 09:39 PM

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QUOTE(Hunz @ Aug 14 2011, 09:30 PM)
I can't find a reason to go short for gold next week but i am going too sad.gif
*
thats like trying to stop a freight train.. but if ur purely a technical trader and see an opportunity then why not?
poks
post Aug 14 2011, 09:53 PM

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QUOTE(Hunz @ Aug 14 2011, 09:30 PM)
I can't find a reason to go short for gold next week but i am going too sad.gif
*
i won't short at this moment... even if the people in the market say short..
i'll wait for the next top... if it happen we will have double top... major short will be coming after that..
based on 1D time....
biggrin.gif

just for the fun of it... we have a smiling face rclxms.gif

This post has been edited by poks: Aug 14 2011, 10:02 PM


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myvi5949
post Aug 14 2011, 09:59 PM

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you cant really trust those patterns..some are just hype..double top is ok la.. buy those Head and Shoulders i dont trust that pattern at all..i got faked out by that toooooooo many times.
poks
post Aug 14 2011, 10:03 PM

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QUOTE(myvi5949 @ Aug 14 2011, 09:59 PM)
you cant really trust those patterns..some are just hype..double top is ok la.. buy those Head and Shoulders i dont trust that pattern at all..i got faked out by that toooooooo many times.
*
i take double top as major... especially after it goes inside bb & failed to make new higher top....
suddenly i feel like drawing tonight biggrin.gif

anyway.. always trade what you see...
theories is just theories... H&S ... yes too many fakey or maybe it's just the way i interpret it.. hmmm

This post has been edited by poks: Aug 14 2011, 10:08 PM
smokymcpot
post Aug 14 2011, 11:41 PM

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Hey there people, I am planning to sell off all my physical silver and invest in currencies. Not so volatile. Was thinking of either usd, yuan, sterling or euros. Need some advice. smile.gif
frankie9578
post Aug 15 2011, 12:39 AM

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Hi Everyone, i m new trader,not yet into live account, only at demo account..silver looks like going shot up..
poks
post Aug 15 2011, 08:53 AM

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it's monday....!

noticed this one...
just in case anyone intrested... biggrin.gif


Added on August 15, 2011, 10:55 amaud & cad looking good also.....

This post has been edited by poks: Aug 15 2011, 10:55 AM


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guozong
post Aug 15 2011, 11:07 AM

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QUOTE(myvi5949 @ Aug 14 2011, 09:29 PM)
wow full time trader ... your capital must be huge..
*
I started with 2k, grown the acc with years time.

burningbun
post Aug 15 2011, 04:08 PM

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Guys i'm abit confused with the following functions:

1.Sell at Market
2.Buy at Market
3.Close Position

Say GBP/USD my base currency is USD, how does Sell at Market works, I though you need to buy GPB (a.k.a selling USD) 1st then you can sell? Sorry I only have very basic money changer knowledge. I was told you can either sell or buy & make profit out of it in any new action.

I tried to google but came out with Forex program manuals which doesn't explain in detail.

Also seems Close position just let everything go, what is the difference when I open an action Buy at market then in the same action choose Sell at market compared to "Close Position"?

Maybe I'm not clear about the Buy/Sell @ market function.
john123x
post Aug 15 2011, 06:51 PM

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in forex, there is a bid price and an ask price.


buy from ask price, and sell to bid price.

example:
1.buy from ask price, then closeout using bid price (sell to bid price).
2. sell to bid price, then you closeout using ask price (buy from ask price)


maybe its too complex for you. in other word, when you buy something, you need to sell it to close it.

+1 - 1 =0

if you sell something, you need to buy it to close it

-1 + 1 = 0
scar_face008
post Aug 15 2011, 06:58 PM

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IINM, 'at market' mean at current rate, which means not by pending order.

close position simply mean to liquidate your position, as the guy above explain.
poks
post Aug 15 2011, 09:43 PM

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QUOTE(burningbun @ Aug 15 2011, 04:08 PM)
Guys i'm abit confused with the following functions:

1.Sell at Market
2.Buy at Market
3.Close Position


*
i recommend to just press the button & experiment... biggrin.gif

nzd looking promising...



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alwjmonster
post Aug 16 2011, 12:28 PM

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what is TUN DA TUN DA mean? i was about going for class of TREX Trader ExPress, anyone been there? i heard they got a top class forex sifu over there giving lecture.. http://www.facebook.com/traderexpress
i was pretty surprise to see my fb's friend earn RM180,000+ in 3months time, and he had only learn forex for the beginning of this year only i guess.. i think forex is pretty easy place to dig gold and live rich..
here's the pic prove of he earn sooo darn much. http://www.facebook.com/photo.php?fbid=221...&type=1&theater
and he even said audi TT is few months leftover..

This post has been edited by alwjmonster: Aug 16 2011, 12:37 PM
poks
post Aug 16 2011, 12:35 PM

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QUOTE(alwjmonster @ Aug 16 2011, 12:28 PM)
what is TUN DA TUN DA mean? i was about going for class of TREX Trader ExPress, anyone been there? i heard they got a top class forex sifu over there giving lecture.. http://www.facebook.com/traderexpress
*
TUN DA enter trade.... TUN DA enter trade.... price moving as i expected... bad thing i TUN DA TUN DA.........?
tongue.gif

no need to go class...
learn by yourself...
nobody can teach you to trade... they will just feed you with THEORIES and take your $$$$...
go learn by yourself....


alwjmonster
post Aug 16 2011, 01:18 PM

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it sound crazy for everyone that he actually earned 20kUSD in daily profit.. holy cow he gotta have lotsa cash in hand to be able do that...

This post has been edited by alwjmonster: Aug 16 2011, 01:50 PM
wschoo26
post Aug 16 2011, 02:09 PM

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QUOTE(alwjmonster @ Aug 16 2011, 12:28 PM)
what is TUN DA TUN DA mean? i was about going for class of TREX Trader ExPress, anyone been there? i heard they got a top class forex sifu over there giving lecture.. http://www.facebook.com/traderexpress
i was pretty surprise to see my fb's friend earn RM180,000+ in 3months time, and he had only learn forex for the beginning of this year only i guess.. i think forex is pretty easy place to dig gold and live rich..
here's the pic prove of he earn sooo darn much. http://www.facebook.com/photo.php?fbid=221...&type=1&theater 
and he even said audi TT is few months leftover..
*
Careful oh...fren...So easy to be rich meh?..if like that,no need die die study degree, master, phd..no need die die work like cow and bull..no need scold like shit @##%#$ by client and bosses..just attend his course and guarante to be future billionaire...so easy meh?
U attend first...hopefully u find your holy grail after that and waiting to see your testimonial.


Added on August 16, 2011, 2:24 pm
QUOTE(poks @ Aug 16 2011, 12:35 PM)
TUN DA enter trade.... TUN DA enter trade.... price moving as i expected... bad thing i TUN DA TUN DA.........?
tongue.gif

no need to go class...
learn by yourself...
nobody can teach you to trade... they will just feed you with THEORIES and take your $$$$...
go learn by yourself....
*
Wow...alwjmonster fb friends name is Steve pok.I saw he hold a lot cash wor..sluurpp slrruupp(saliva come out)...are u the one?

This post has been edited by wschoo26: Aug 16 2011, 02:24 PM
poks
post Aug 16 2011, 02:26 PM

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advertisement always look great...
but when you do the actual thing... hahahahaha... you'll know la...

anyway.. how is the robot doing? really want to know the outcome in real trade...
wschoo26
post Aug 16 2011, 02:31 PM

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QUOTE(alwjmonster @ Aug 16 2011, 01:18 PM)
it sound crazy for everyone that he actually earned 20kUSD in daily profit.. holy cow he gotta have lotsa cash in hand to be able do that...
*
I browse trader express. cant see much from there but saw one picture with come signal like psar or customized one...those thing can be learnt from internet free wor.
Y u dont wan to learn from your fb friend, Steve pok ? at least he got show his profit result ma...But careful oh...he just show from his phone...maybe demo account and maybe he holding floating loss as i saw all profit transaction.Dont angry and No offence ya as i been cheated many many times before. Ask him post live account statement. He can post it in http://mt4live.com/ if he willing. Like that is transparent..no hidden agenda inside.If he show consistent so big profit...u met your holygrail. No need attend trader express...pay Steve pok and learn from him guarantee better value for your fees.
Just giving my humble opinion only...not a personal attack .
alwjmonster
post Aug 16 2011, 02:39 PM

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haha nah it's ok, im nothing about him.. seriously i couldn't believe my eye, how the hell he could earn these money in 3months time.. he is one of my college mate actually, and hes not involve into forex before, all i know is he is just a beginner, junior among all ppl here.. i swear he had no forex experience more than a year,i guess he is undercapitalized, coz he aint born with silver spoon.. there goes leverage is getting him kill anytime..

This post has been edited by alwjmonster: Aug 16 2011, 02:43 PM
poks
post Aug 16 2011, 02:53 PM

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waiting waiting.... where will this go?
is this gonna permanently reverse...?.
hopefully can get something beautiful @61%....or 50%
if not... gonna wait wait again....
gbp dancing @50%... enter too early... gonna get burn this time....hahahahahha



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wschoo26
post Aug 16 2011, 02:55 PM

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QUOTE(alwjmonster @ Aug 16 2011, 02:39 PM)
haha nah it's ok, im nothing about him.. seriously i couldn't believe my eye, how the hell he could earn these money in 3months time.. he is one of my college mate actually, and hes not involve into forex before, all i know is he is just a beginner, junior among all ppl here.. i swear he had no forex experience more than a year,i guess he is undercapitalized, coz he aint born with silver spoon.. there goes leverage is getting him kill anytime..
*
Yr college mate? then lagi senang. Pay him a visit. Maybe he found holy grail leh. Visit him better than those outside commercial trading course wor. Teach u 2 to 3 days...then u expect after that u can master forex?

I remember there is a guy here name Thomas..he earned a lot recently ..4 figures usd...but lately no see him posting...maybe honeymoon in Hawai, drink coconut juice there, enjoy seabreeze. I think he is gold and oil digger. Alot here recently not interested in currency trading as lately they earned a lot from gold. They all become taukeh gold mine. hehe


Added on August 16, 2011, 2:59 pm
QUOTE(poks @ Aug 16 2011, 02:26 PM)
advertisement always look great...
but when you do the actual thing... hahahahaha... you'll know la...

anyway.. how is the robot doing? really want to know the outcome in real trade...
*
u mean my robot? ok la...yesterday usd20..today usd5 so far...but i dont know when it will blow my account as i use usd usd300 live account only...leverage 1:1000. For me...enuf to earn my motorbike petrol money...ok la...low expectation.
Just trying my luck only ...


This post has been edited by wschoo26: Aug 16 2011, 02:59 PM
poks
post Aug 16 2011, 03:00 PM

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QUOTE(wschoo26 @ Aug 16 2011, 02:55 PM)
maybe honeymoon in Hawai, drink coconut juice there, enjoy seabreeze. I think he is gold and oil digger. Alot here recently not interested in currency trading as lately they earned a lot from gold. They all become taukeh gold mine. hehe
*
hahahha... i think he is...
i also earn around +8000pips on gold....
but i think it has reached its limit
so went to close mine... gonna wait for the reversal...
oh man.. pin bar on gbp !!!!!!!?
wschoo26
post Aug 16 2011, 03:13 PM

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QUOTE(poks @ Aug 16 2011, 03:00 PM)
hahahha... i think he is...
i also earn around +8000pips on gold....
but i think it has reached its limit
so went to close mine... gonna wait for the reversal...
oh man.. pin bar on gbp  !!!!!!!?
*
pin bar? a lot fakey wor...careful oh..how do u decide y risk:reward ratio whe u enter trade? 1:1: or 1:2 or 1:3?


Added on August 16, 2011, 3:31 pmfor newbie(include me) . V learn together ya..More brain better than 1 brain..no need pay course fees..
what is pinbar
Pinbar
How to trade using pinbar
how to trade using pinbar


This post has been edited by wschoo26: Aug 16 2011, 03:31 PM
poks
post Aug 16 2011, 03:48 PM

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euro bounced off 50%...
i think gbp will follow soon....
expecting to follow yesterday trend....
now... where to enter?
ideal entry @38%...
kamikaze entry after candle closed...
stupid but possible 50%
hahahahahhah

This post has been edited by poks: Aug 16 2011, 03:50 PM
scar_face008
post Aug 16 2011, 04:05 PM

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QUOTE(poks @ Aug 16 2011, 03:48 PM)
euro bounced off 50%...
i think gbp will follow soon....
expecting to follow yesterday trend....
now... where to enter?
ideal entry @38%...
kamikaze entry after candle closed...
stupid but possible 50%
hahahahahhah
*
i'm still in no man land. can't see any high probablity trade yet. latest EU pinbar look tempting, but not at favourable position sad.gif good luck.

This post has been edited by scar_face008: Aug 16 2011, 04:06 PM
poks
post Aug 16 2011, 04:14 PM

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need to wait next hour candle closing to confirm.... smile.gif
gbp looking very very good....


Added on August 16, 2011, 7:12 pm
QUOTE(wschoo26 @ Aug 16 2011, 03:13 PM)
how do u decide y risk:reward ratio whe u enter trade? 1:1: or 1:2 or 1:3?
i don't actually use that...
ie: now my gbp floating 30+ pips.. SL depends on fibo... i move my SL.. to the point that i think i can take a direct hit...
that's how i do... most important is to cover your loss first...

This post has been edited by poks: Aug 16 2011, 07:12 PM
wschoo26
post Aug 16 2011, 08:53 PM

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QUOTE(poks @ Aug 16 2011, 04:14 PM)
need to wait next hour candle closing to confirm.... smile.gif
gbp looking very very good....


Added on August 16, 2011, 7:12 pm
i don't actually use that...
ie: now my gbp floating 30+ pips.. SL depends on fibo... i move my SL.. to the point that i think i can take a direct hit...
that's how i do... most important is to cover your loss first...
*
Thanks for sharing rclxms.gif
appreciate it
poks
post Aug 16 2011, 09:27 PM

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QUOTE(wschoo26 @ Aug 16 2011, 08:53 PM)
Thanks for sharing  rclxms.gif
appreciate it
*
no problem...
anyone enter long eur @50%?
currently floating 30+ pips.....
hopefully can get 100 biggrin.gif

-------------------------------------------------------
closing trade... thank God manage to cover yesterday & today loss.. with profit of course...
fundamental not very good.........?


now.. picture says a thousand words... 1 of the way i trade biggrin.gif
i think you guys know this already...
US debt..3A with stable out look..hmmm ...means?


Added on August 16, 2011, 10:33 pm
QUOTE(wschoo26 @ Aug 16 2011, 02:09 PM)

Wow...alwjmonster fb friends name is Steve pok.I saw he hold a lot cash wor..sluurpp slrruupp(saliva come out)...are u the one?
i think my nick is being hijacked ! blink.gif

This post has been edited by poks: Aug 16 2011, 10:33 PM


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spcx
post Aug 16 2011, 11:51 PM

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guys.. i know MT4 got a one click panel like this, but when I closed it, I don't know where to open it again. Anyone knows how to open it back? >.<

user posted image
wschoo26
post Aug 17 2011, 12:48 AM

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try this...http://www.forexmicrolot.com/live-streaming-forex-quotes.jsp
but no graph....how do u trade?
Quinn
post Aug 17 2011, 01:00 AM

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Currency index overview.

Guess which pairs is a good trade today?

GBPCHF holding +200 pips
GBPUSD holding +60 pips



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Quinn
post Aug 17 2011, 01:03 AM

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I'm waiting patiently on ...

1. Silver
2. USDJPY




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scar_face008
post Aug 17 2011, 05:05 AM

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ahha, you guys are awsome. can look at many charts to analyze market. i can only look at one chart. not even multiple TF. otherwise my brain go haywire. and i will start having doubt in my analysis. lol.
» Click to show Spoiler - click again to hide... «

lol, lucky EU dropped more near 4350 area. better price to long, isn't it thumbup.gif

oh damn, image too big. wait i put in spoiler.

This post has been edited by scar_face008: Aug 17 2011, 05:07 AM
poks
post Aug 17 2011, 07:05 AM

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QUOTE(scar_face008 @ Aug 17 2011, 05:05 AM)
oh damn, image too big. wait i put in spoiler.
*
you must be running 2080x1080 with 40" monitor..... hahahahhaa... HD? tongue.gif
eur signalling down......? looks like it...
looking foward to your analysis...

cad also reversing ?
aud just nice to sell biggrin.gif

This post has been edited by poks: Aug 17 2011, 08:05 AM


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Quinn
post Aug 17 2011, 09:11 AM

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QUOTE(scar_face008 @ Aug 17 2011, 05:05 AM)
ahha, you guys are awsome. can look at many charts to analyze market. i can only look at one chart. not even multiple TF. otherwise my brain go haywire. and i will start having doubt in my analysis. lol.
» Click to show Spoiler - click again to hide... «

lol, lucky EU dropped more near 4350 area. better price to long, isn't it thumbup.gif

oh damn, image too big. wait i put in spoiler.
*
When market breaks trendline that way, it basically means that bullish momentum is picking up.

When EURUSD breaks kumo with a kumo twist as well as chikou breaking about kumo, i will be hunting for only bullish trades.


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scar_face008
post Aug 17 2011, 10:38 AM

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i'm not as good and thorough as most ppl here, so i just pick my trade randomly when i have a hunch it'll go right. i just swing here some days to look for hints smile.gif

@poks: it's back to 4350 area. i'm upward bias, so will be looking for long opportunity with TP around 4530 if price can at least break 4470. we have 2 long pinbar at that level already. if support break, just fall down along~

p/s: just my idea. whatever you do, please believe in your conviction.

Attached Image
this is what i'm looking at on my EU chart atm...you may see different thing.

This post has been edited by scar_face008: Aug 17 2011, 10:45 AM
poks
post Aug 17 2011, 11:03 AM

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QUOTE(scar_face008 @ Aug 17 2011, 10:38 AM)
@poks: it's back to 4350 area. i'm upward bias, so will be looking for long opportunity with TP around 4530 if price can at least break 4470. we have 2 long pinbar at that level already. if support break, just fall down along~
errr... we're talking bout eur?
my say it will go down...or most probably in range...
looking at 4429 @61% fib possibility to sell...
good to have someone to counter comment.... hahahahah

This post has been edited by poks: Aug 17 2011, 11:11 AM
wschoo26
post Aug 17 2011, 11:13 AM

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For newbie(include me)
Theory and definitions of ichimoku
Ichimoku
Ichimoku definition
Video on Using ichimoku to trade
http://www.youtube.com/watch?v=cnHQGNs6gVA&feature=related

So, you can learn theories free on internet. The rest is depends on your hands on and experience.
scar_face008
post Aug 17 2011, 11:14 AM

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ahha, i don't exactly trade other currency as of now. since i can't multitask much, and i am satisfied with my gain from EU and GU.

gtg do something else, good luck trading today.

edit: just took a short look at cad and AU chart. AU are just like EU and GU, waiting for big candle for momentum/break range. still bullish bias as long as support doesn't break. CAD are a bit confusing. it's practically forming a pennant/flag pattern (clear view on 4H), and waiting for break too, but you might want to scalp 1H/M30 if you have time to spend on screen hmm.gif

This post has been edited by scar_face008: Aug 17 2011, 11:41 AM
xproc
post Aug 17 2011, 04:51 PM

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gold = usd 1801 per oz
frankie9578
post Aug 17 2011, 05:29 PM

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silver also shot up!!
Quinn
post Aug 17 2011, 05:56 PM

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QUOTE(wschoo26 @ Aug 17 2011, 11:13 AM)
For newbie(include me)
Theory and definitions of ichimoku
Ichimoku
Ichimoku definition
Video on Using ichimoku to trade
http://www.youtube.com/watch?v=cnHQGNs6gVA&feature=related

So, you can learn theories free on internet. The rest is depends on your hands on and experience.
*
LIKE +1

QUOTE(frankie9578 @ Aug 17 2011, 05:29 PM)
silver also shot up!!
*
Silver going to consolidate till it breaks out of kumo. Today it just formed bearish TS/KS cross.
Quinn
post Aug 17 2011, 06:02 PM

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AUDUSD a winner today.




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poks
post Aug 17 2011, 06:57 PM

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pair seems moving to their previous high low... no break yet...
still bear on eur & xau
hehehehe
scar_face008
post Aug 17 2011, 08:43 PM

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yeah, EU and GU break upward, achieved my weekly target. can close weekly account on thursday.
loselegend
post Aug 17 2011, 09:57 PM

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Hi there.
I am interest on this Forex.

I am currently on demo account in avafx but I hear some not that good thing abt avafx.
Anyone know a reliable Forex website?
wschoo26
post Aug 17 2011, 11:36 PM

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u r looking for a reliable forex broker is it?not reliable forex website right?
Here is some guide
broker review
broker review 2
but i am taking my risk not using any of those. I use unregulated one as i want high leverage 1:1000...instaforex!!
spcx
post Aug 17 2011, 11:52 PM

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i just registered for Oanda, can use Paypal to deposit and withdraw. Less strict on application. But leverage highest also 50:1
kremlin
post Aug 17 2011, 11:58 PM

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hey guys..

just to share that someone made 930 in 13 minutes..
Short Oil

rclxms.gif

Attached Image
Hunz
post Aug 18 2011, 12:43 AM

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QUOTE(kremlin @ Aug 17 2011, 11:58 PM)
hey guys.. 

just to share that someone made 930 in 13 minutes..
Short Oil

rclxms.gif

Attached Image
*
congrats on the win smile.gif rclxms.gif
poks
post Aug 18 2011, 07:16 AM

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gold looks good...
smiling face up...
on sell mode....
just got to find the best entry...


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wschoo26
post Aug 18 2011, 09:26 AM

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QUOTE(kremlin @ Aug 17 2011, 11:58 PM)
hey guys.. 

just to share that someone made 930 in 13 minutes..
Short Oil

rclxms.gif

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*
Thats thomas result right? oh..u got keep in touch with him...fast fast learn from him. Sad, he dont post here anymore. At least his post can give semangat
thomas
post Aug 18 2011, 10:48 AM

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QUOTE(wschoo26 @ Aug 18 2011, 09:26 AM)
Thats thomas result right? oh..u got keep in touch with him...fast fast learn from him. Sad, he dont post here anymore. At least his post can give semangat
*
whistling.gif whistling.gif whistling.gif
poks
post Aug 18 2011, 11:45 AM

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ha ha ha !
how's holiday?

eur & gbp showing something interesting....
the whole day waiting... now almost there... 4H also interesting

something to read;
http://www.forex-fxtrader.com/forum/forex-...ence-forex.html

This post has been edited by poks: Aug 18 2011, 03:54 PM


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wschoo26
post Aug 18 2011, 04:54 PM

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QUOTE(thomas @ Aug 18 2011, 10:48 AM)
whistling.gif  whistling.gif  whistling.gif
*
semangat come back already when see u back.
Wah...personal forex coacher...100% ROI....wei...sapapa not happy when he see it
BTW, do u mind post live result in mt4live.com?
Please forget it if my request is too tall. No hard feelings ya...cos your result make me wondering and make me cant sleep well at night..you are close to god...very very kheng!!
U coach for a fees right? care to give me the details? I have a bunch of traders contacts . I told them bout you but they dont believe and they challenge you to post live in mt4live.com wor. They will surprise to see your live result. With your so kheng result, I got one contact , IB for south east asia, he will hunt u down to manage funds...hehehehe.
Anyway, I also understand that with your capibilities, you dont need to earn from coaching. So, you have 100% rights to make your own decision and no need to live to other people's expectation or challenge.
Anyway, nice to see u back
poks
post Aug 18 2011, 05:03 PM

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QUOTE(wschoo26 @ Aug 18 2011, 04:54 PM)
I got one contact , IB for south east asia, he will hunt u down to manage funds...hehehehe.
hopefully not with elephant gun biggrin.gif
wschoo26
post Aug 18 2011, 05:11 PM

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QUOTE(poks @ Aug 18 2011, 05:03 PM)
hopefully not with elephant gun  biggrin.gif
*
hunt with his proposal or offer kua....kekeke. He never hunt me cos he know i will bankcrupt all his fund. hahahaha
loselegend
post Aug 18 2011, 07:11 PM

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how much USD to buy 0.1 gold on current market? on leverage 1:100
cmk96
post Aug 18 2011, 07:27 PM

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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
*
That's what i always don't bother to guess... if not sure... try buy 0.01 lot first... see how much margin is deducted from your equity... then u'll know how much needed for 0.1lot... gud luck!!
wschoo26
post Aug 18 2011, 09:19 PM

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Forex competition for aug 2010. I saw Malaysia got 6th. wow..i dont know malaysia trader is top ten!!
Forex competition
loselegend
post Aug 18 2011, 09:24 PM

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QUOTE(cmk96 @ Aug 18 2011, 07:27 PM)
That's what i always don't bother to guess... if not sure... try buy 0.01 lot first... see how much margin is deducted from your equity... then u'll know how much needed for 0.1lot... gud luck!!
*
I give example.
I got balance 5000, equity: 4999.10, Margin: 18.17,Free Margin: 4980.53

So is it mean the 0.1 lot coat 18.17?
cmk96
post Aug 18 2011, 11:22 PM

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QUOTE(loselegend @ Aug 18 2011, 09:24 PM)
I give example.
I got balance 5000, equity: 4999.10, Margin: 18.17,Free Margin: 4980.53

So is it mean the 0.1 lot coat 18.17?
*
You opened 0.1 lot? ...if it is...then the margin used was 18.17.... 4980.53 is your available margin to sustain negative movement or open new position.
poks
post Aug 19 2011, 07:37 AM

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QUOTE(wschoo26 @ Aug 18 2011, 09:19 PM)
Forex competition for aug 2010. I saw Malaysia got 6th. wow..i dont know malaysia trader is top ten!!
Forex competition
*
gonna be there one day...
but now still perfecting and putting discipline on my system... flex.gif
wschoo26
post Aug 19 2011, 08:54 AM

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QUOTE(poks @ Aug 19 2011, 07:37 AM)
gonna be there one day...
but now still perfecting and putting discipline on my system...  flex.gif
*
Gambateh!
poks
post Aug 19 2011, 08:59 AM

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QUOTE(wschoo26 @ Aug 19 2011, 08:54 AM)
Gambateh!
*
yossshhhh !




(*suddenly that word gave some light.... been a bad week... too much assumption... today ahead will be better ! gambateh !)

This post has been edited by poks: Aug 19 2011, 12:26 PM
sapapa
post Aug 19 2011, 10:16 AM

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I wanna ask if anyone uses Oanda as platform to trade forex? Because I have searched the internet and they seems to say bad stuffs regarding Oanda. Any Oanda users? Mind to share your view or experience on this. Anything bad you encounter so far with Oanda?

Greatly appreciated. Thanks.
burningbun
post Aug 19 2011, 11:02 AM

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I mean i'm assuming i'm using USD as base current to trade

So I understand i can buy GBP using USD, so untung when GBP goes up.

what i cannot understand is why i'm allowed to Sell GBP for USD when i don't have any GBP so untung when GBP drops.

I'm testing Hotforex i'm not sure how reliable the system is but it even allows me to trade GBP/JYP, my question is how as the currency i'm using is USD? Am i playing with the market based on market rates or am i playing with the trader based on market rates?



QUOTE(john123x @ Aug 15 2011, 06:51 PM)
in forex, there is a bid price and an ask price.
buy from ask price, and sell to bid price.

example:
1.buy from ask price, then closeout using bid price (sell to bid price).
2. sell to bid price, then you closeout using ask price (buy from ask price)
maybe its too complex for you. in other word, when you buy something, you need to sell it to close it.

+1  - 1  =0

if you sell something, you need to buy it to close it

-1 + 1 = 0
*
bone_me
post Aug 19 2011, 12:03 PM

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hi guys, anybody ever heard of the case 'blind leading the blind'?
poks
post Aug 19 2011, 12:32 PM

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QUOTE(sapapa @ Aug 19 2011, 10:16 AM)
I wanna ask if anyone uses Oanda as platform to trade forex? Because I have searched the internet and they seems to say bad stuffs regarding Oanda. Any Oanda users? Mind to share your view or experience on this. Anything bad you encounter so far with Oanda?

Greatly appreciated. Thanks.
*
they don't want to accept my documents... so i ignored them...
FXCM accepted but careful with its software.... especially the spread and trade execution.. gotta check before entering...
although people say bad but i still use them... easy to adjust my SL from time to time.....

i'll say... always stick to MT4/5.....


* i live in kampung with trees and fish and animals... where got mailing address ! dammn you Oanda !

This post has been edited by poks: Aug 19 2011, 12:39 PM
milkyboon
post Aug 19 2011, 03:23 PM

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QUOTE(poks @ Aug 19 2011, 12:32 PM)
they don't want to accept my documents... so i ignored them...
FXCM accepted but careful with its software.... especially the spread and trade execution.. gotta check before entering...
although people say bad but i still use them... easy to adjust my SL from time to time.....

i'll say... always stick to MT4/5.....
* i live in kampung with trees and fish and animals... where got mailing address ! dammn you Oanda !
*
Err... pasang mailbox next time?
poks
post Aug 19 2011, 04:11 PM

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QUOTE(milkyboon @ Aug 19 2011, 03:23 PM)
Err... pasang mailbox next time?
*
no la....
i'll send them a physical mailbox.....
wschoo26
post Aug 19 2011, 05:13 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'?
*
Bone_me....u lead us lor..give us some light lor ...i see u...i see light and angel... notworthy.gif
milkyboon
post Aug 19 2011, 07:14 PM

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Silver doing a breakthrough right now

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

Spike over... no volume... people take profit...


This post has been edited by milkyboon: Aug 19 2011, 07:28 PM
scar_face008
post Aug 19 2011, 08:23 PM

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QUOTE(poks @ Aug 19 2011, 12:32 PM)
* i live in kampung with trees and fish and animals... where got mailing address ! dammn you Oanda !
*
lol at this. my p.o.box address also rejected by many financial institution and courier service doh.gif
poks
post Aug 19 2011, 09:23 PM

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QUOTE(scar_face008 @ Aug 19 2011, 08:23 PM)
lol at this. my p.o.box address also rejected by many financial institution and courier service doh.gif
*
err... of course courier cannot la... need to go direct to house address... heheheh
anyway... the way i see it those regulated especially market maker brokers have tight requirements compared to unregulated..

price moving... now just need to find entry... it's friday... gotta be careful...
scar_face008
post Aug 19 2011, 09:49 PM

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just got back from dinner, saw GU EU moving up. tp 36 pips. now can sleep. good luck to whom still trading. to the rest, have fun next week.
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~
poks
post Aug 22 2011, 12:23 AM

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QUOTE(scar_face008 @ Aug 21 2011, 11:34 PM)
lol, ranau <-> KK 2 hours, better drink at home~
*
gambate !!!!!

anyway... share with u guys some skill from this old man again...
i'll try to trade the 3:2 candle and share... hopefully can see one tomorrow.....
DM3
post Aug 22 2011, 08:34 AM

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how does a country weakened their currency?


milkyboon
post Aug 22 2011, 10:45 AM

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QE! Quantitative Easing! or lets just call them money printing!

Same happened to Germany after WW1
http://en.wikipedia.org/wiki/Weimar_Republic


Added on August 22, 2011, 12:02 pmUhuhu... I so sad... I keep losing over and over again...

This post has been edited by milkyboon: Aug 22 2011, 12:02 PM
DM3
post Aug 22 2011, 12:56 PM

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jpn n switzerland planning to weaken their currency. how they goin to do so?
SUSadvocado
post Aug 22 2011, 03:38 PM

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If our base current is USD, we can only buy other currencies using USD & sell the currencies off & change back to USD, or can we trade pairs like GBP/JPN or even sell GBP when we don't carry it?
Quinn
post Aug 22 2011, 04:59 PM

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QUOTE(milkyboon @ Aug 22 2011, 10:45 AM)

Added on August 22, 2011, 12:02 pmUhuhu... I so sad... I keep losing over and over again...
*
Out of curiosity, which pair are u trading to these losses?
poks
post Aug 22 2011, 05:22 PM

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from morning till now still got no nice entry...
looking at US open....
hopefully someone can pin an entry... fingers itchy....


***** GBP showing something interesting...

This post has been edited by poks: Aug 22 2011, 05:44 PM
milkyboon
post Aug 22 2011, 07:37 PM

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QUOTE(DM3 @ Aug 22 2011, 12:56 PM)
jpn n switzerland planning to weaken their currency. how they goin to do so?
*
http://www.telegraph.co.uk/finance/currenc...g-currency.html

I might be wrong, but it says that Bank of Japan(BOJ) sells its reserves of Yen to weaken it.

QUOTE(advocado @ Aug 22 2011, 03:38 PM)
If our base current is USD, we can only buy other currencies using USD & sell the currencies off & change back to USD, or can we trade pairs like GBP/JPN or even sell GBP when we don't carry it?
*
Not sure, try ask poks~

QUOTE(Quinn @ Aug 22 2011, 04:59 PM)
Out of curiosity, which pair are u trading to these losses?
*
Not a pair, its silver. Wuhuhu...Market too volatile, dunno of what to do. Poks, can you teach me how to do market entry?
I keep doing trades where I always enter at the wrong time.
tuaceng
post Aug 22 2011, 08:39 PM

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i think japanese government has already started to weaken yen weeks ago.
Quinn
post Aug 22 2011, 11:22 PM

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QUOTE(milkyboon @ Aug 22 2011, 07:37 PM)
http://www.telegraph.co.uk/finance/currenc...g-currency.html
Not a pair, its silver. Wuhuhu...Market too volatile, dunno of what to do. Poks, can you teach me how to do market entry?
I keep doing trades where I always enter at the wrong time.
*
In ichimoku, when the price was in the cloud, we never trade. Upon the breakout, only then I traded it. $44.65 is my next target due to kumo shadown. Let's see how the charts form. Many of my friends who traded this kumo breakout, made good money now smile.gif G'luck!


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Volatile369
post Aug 22 2011, 11:22 PM

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QUOTE(bulkbiz @ Aug 19 2011, 10:14 PM)
This is exactly what happen in this forum, it is quite funny to see some joker
*
kinda agree.. XD


Quinn
post Aug 22 2011, 11:23 PM

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Gold has yet to close its gap. Will it make a H&S and break the neckline as it cover the gap?


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milkyboon
post Aug 23 2011, 04:54 AM

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QUOTE(Quinn @ Aug 22 2011, 11:23 PM)
Gold has yet to close its gap. Will it make a H&S and break the neckline as it cover the gap?
*
Ohh!! Thank you thank you! I shall learn it right away.
Skip dinner and everything, this time is hot silver time, no time to lose!
poks
post Aug 23 2011, 07:16 AM

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QUOTE(milkyboon @ Aug 22 2011, 07:37 PM)
Not a pair, its silver. Wuhuhu...Market too volatile, dunno of what to do. Poks, can you teach me how to do market entry?
I keep doing trades where I always enter at the wrong time.
hahahahahha... i'm no sifu... i just share ..
entry? can't teach you that also... it all depends on you & amount you willing to take SL...
anyway.... i was sleeping when this happen & hopefully you guys manage to catch that...
GBP........!

p/s: when price go crazy jumping here & there.... step aside till it calm downnn... why jump into uncertainty???

(** if you going to trade this style... always close or move your SL after the next candle closes.... this is actually the first sign of reversal... the buyer/seller will make one more attempt to push the price & take profit... i suggest you do the same also.... you guys should already know this laaa.......)

***Easy 7pips on slow morning attached tongue.gif
***dammmnn still going up... should have hold my position... anyway a bird in hand worth 2 in the bush... hahahahhaha

This post has been edited by poks: Aug 23 2011, 10:31 AM


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supar_depor
post Aug 23 2011, 10:41 AM

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Hi guys i want to ask you, has anyone here deposited using MAybank Debit Card and successfully withdraw money to their Visa Debit Card?
scar_face008
post Aug 23 2011, 06:53 PM

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morning was slow, london open...not so slow~ half my weekly target is achieved. if can get another half tomorrow, can close weekly book already~
poks
post Aug 23 2011, 09:19 PM

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today is a good day...
very very happy rclxms.gif

gonna let this one run off... see if gonna hit my SL....
sharing with you guys again.... hhehehehe

p/s: heavy buying due to news... biggrin.gif

***to sum it up... the group responsible.... for...
you guys must be getting the hang of it.... flex.gif


Added on August 23, 2011, 9:37 pmnow... wonder who will pay me fee ... hehehehe

warning: gbp showing resistance...

This post has been edited by poks: Aug 23 2011, 09:49 PM


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milkyboon
post Aug 23 2011, 09:43 PM

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I wonder what is happening to gold and silver market now. It is exhibiting a funny price movement in M1 and M5.

Oh yea, and poks, where can I receive financial news? Which website you use?

This post has been edited by milkyboon: Aug 23 2011, 09:48 PM


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poks
post Aug 23 2011, 09:54 PM

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QUOTE(milkyboon @ Aug 23 2011, 09:43 PM)
I wonder what is happening to gold and silver market now. It is exhibiting a funny price movement in M1 and M5.

Oh yea, and poks, where can I receive financial news? Which website you use?
*
ahhh... gold finally going down izzit???
news... i seldom read... only concentrate on major news...
anyway you can go to dailyfx.com (fxcm site) they got news feed...

ehemmm: seems like eur showing another possibility to short..

This post has been edited by poks: Aug 23 2011, 10:13 PM
jackypee
post Aug 23 2011, 11:29 PM

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Dear All Sifu,
I am newbie to FX, currently trading with broker FXDD. May i know any other trusted broker that i can use to trade silver where the contract size is 5,000 ?
Kind of unsure which broker to use & trust. And i feel that silver may spike to $50 soon.
Hope all sifu here can give some advise.
TQ
spcx
post Aug 23 2011, 11:35 PM

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im using oanda, so far not bad, easy application, well easier than the rest. can use paypal smile.gif
jun16
post Aug 23 2011, 11:51 PM

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u guys play forex by open account at bank or currency exchange store?

This post has been edited by jun16: Aug 24 2011, 08:26 AM
jackypee
post Aug 24 2011, 12:05 AM

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Dear All Sifu,
Finally i found a forum here where i can ask question about FX. Thanks to the starter for this forum.
As i am very new to FX, hope all sifu here can share some experience with me..... smile.gif


milkyboon
post Aug 24 2011, 04:34 AM

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I am also new to this game. but I have some experience in stock market. Learn abit about fundamental and technical analysis. Let us learn together

Here is a link to learn about forex
http://www.babypips.com/school/


Added on August 24, 2011, 4:35 am
QUOTE(poks @ Aug 23 2011, 09:54 PM)
ahhh... gold finally going down izzit???
news... i seldom read... only concentrate on major news...
anyway you can go to dailyfx.com (fxcm site) they got news feed...

ehemmm: seems like eur showing another possibility to short..
*
Poks, so if the price exhibit that kind of movement, it means bearish?

This post has been edited by milkyboon: Aug 24 2011, 04:35 AM
jun16
post Aug 24 2011, 08:25 AM

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erm...what do fxpro mt4 and fxpro ctraderecn mean?
milkyboon
post Aug 24 2011, 09:10 AM

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fxpro mt4= fxpro metatrader 4
metatrader is a program and because it is so good, many brokers just attach themselves to metatrader and call themselves "(broker name) mt4."

im not sure about fxpro ctraderecn but ecn is electronic communication network.

http://en.wikipedia.org/wiki/Electronic_co...ication_network
http://www.babypips.com/school/different-t...of-brokers.html
poks
post Aug 24 2011, 10:41 AM

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QUOTE(milkyboon @ Aug 24 2011, 04:34 AM)
I am also new to this game. but I have some experience in stock market. Learn abit about fundamental and technical analysis. Let us learn together

Poks, so if the price exhibit that kind of movement, it means bearish?
*
err.... forex is never a game for me.... or else i will be throwing my trade here & there.....

anyway... gold going down.... at this moment it showing down sign to me..... @1H
dropped my gold... better do currencies.... biggrin.gif
Hunz
post Aug 24 2011, 11:31 AM

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gold is just having correction
poks
post Aug 24 2011, 11:58 AM

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QUOTE(Hunz @ Aug 24 2011, 11:31 AM)
gold is just having correction
*
okay....
goleng2001
post Aug 24 2011, 02:31 PM

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QUOTE(jun16 @ Aug 23 2011, 11:51 PM)
u guys play forex by open account at bank or currency exchange store?
*
trade forex through broker, i.e. Instaforex broker. Instant deposit and withdrawal fund can be made via local bank. thumbup.gif
poks
post Aug 24 2011, 03:20 PM

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QUOTE(goleng2001 @ Aug 24 2011, 02:31 PM)
trade forex through broker, i.e. Instaforex broker. Instant deposit and withdrawal fund can be made via local bank.  thumbup.gif
*
arrrggggggg...... me eyes.......! icon_question.gif
*** that is one big banner !

This post has been edited by poks: Aug 24 2011, 03:20 PM
spcx
post Aug 24 2011, 05:21 PM

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EUR/USD pair is looking good for short now... will prob drop around 30-60 pips by midnight. just my opinion, been noticing the pattern since Mon..

just my personal opinion smile.gif

aiming to close at 1.4410. fingers crossed.

This post has been edited by spcx: Aug 24 2011, 05:23 PM
poks
post Aug 24 2011, 06:13 PM

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QUOTE(spcx @ Aug 24 2011, 05:21 PM)
EUR/USD pair is looking good for short now... will prob drop around 30-60 pips by midnight. just my opinion, been noticing the pattern since Mon..

just my personal opinion smile.gif

aiming to close at 1.4410. fingers crossed.
*
hold your horses..... not yet.... confirmation confirmation
milkyboon
post Aug 24 2011, 06:36 PM

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EURUSD

http://www.dailyfx.com/forex/market_alert/...nting_Data.html

http://www.dailyfx.com/forex/fundamental/d...ers_Report.html

(Somehow conflicting articles...)
poks
post Aug 24 2011, 07:53 PM

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EUR ready for short...
spcx
post Aug 24 2011, 07:59 PM

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it has gone down 25+pips since i posted it.. woohoo! hopefully it goes further down during the overlap later.
poks
post Aug 24 2011, 08:55 PM

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hmmm... closed wit bit profit... i'll wait for another chance... not looking very good...
my gold shorting looking good... short since morning...

This post has been edited by poks: Aug 24 2011, 08:56 PM
jun16
post Aug 24 2011, 09:59 PM

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QUOTE(goleng2001 @ Aug 24 2011, 02:31 PM)
trade forex through broker, i.e. Instaforex broker. Instant deposit and withdrawal fund can be made via local bank.  thumbup.gif
*
oo.thx smile.gif any local bank also can withdrawal? rclxub.gif

so u all using this website to trade?i am newbie so i dunno using which type method to trade.... biggrin.gif
spcx
post Aug 24 2011, 11:04 PM

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QUOTE(poks @ Aug 24 2011, 08:55 PM)
hmmm... closed wit bit profit... i'll wait for another chance... not looking very good...
my gold shorting looking good... short since morning...
*
Closed at 1.4410 but it went further down to 1.4385... you should have held it a lil longer.

The pattern is exactly like the past 2 days. Well, it's all luck I guess.
jackypee
post Aug 24 2011, 11:18 PM

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guys,
i have been leaving my investment to IB : Trillion FX to trade for me in broker FXDD.
Mainly trade on Cable which in return to me about 25% profit in 5 months time.
So far so good. Fund manager are doing a good job.

You may want to find out more at : www.trillionfx.co

I have been earning some pocket $ also via their affiliate program so far.


Added on August 24, 2011, 11:20 pmHi all,

Appreciate if you can share with me some trusted Broker - MT4 base, because i would like to start my own trading.

TQ

This post has been edited by jackypee: Aug 24 2011, 11:20 PM
poks
post Aug 25 2011, 01:39 AM

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aiya...
eur & gbp really went down.... should not have sleep.... (** eur still in range... gbp; gonna look short setup tomorrow)
gold making good plunge... 9k+ pips... wonder if that is the greatest plunge in a day yet...
targeting 16xx... damnn... i'll drop the fib... gonna wait what uncle Ben 10 will say this friday...

sleepy sleepy... waiting the right time to hedge my gold... nobody around????



This post has been edited by poks: Aug 25 2011, 02:44 AM


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spcx
post Aug 25 2011, 02:43 AM

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hehe my account not enough $ to trade gold tongue.gif i just recovered my $400 which I lost last week...now back to my actual deposit. hope can achieve my target of $100 a day!
poks
post Aug 25 2011, 02:46 AM

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QUOTE(spcx @ Aug 25 2011, 02:43 AM)
hehe my account not enough $ to trade gold tongue.gif i just recovered my $400 which I lost last week...now back to my actual deposit. hope can achieve my target of $100 a day!
*
good......
at least someone still awake with me.... flex.gif
mkaz
post Aug 25 2011, 06:43 AM

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nice looking trde poks...
i oso asleep, waking up to gold being very bearish ..
now im floating like hell ..
hope can recover sad.gif
Quinn
post Aug 25 2011, 08:33 AM

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QUOTE(mkaz @ Aug 25 2011, 06:43 AM)
nice looking trde poks...
i oso asleep, waking up to  gold being very bearish ..
now im floating like hell ..
hope can recover sad.gif
*
As I have made this same comment in other forums, since gold trend is up, why not seek a good dip to buy? That way you will have less stress.

Anyhow, silver reached my first profit zone and now waiting for next entry for 2nd profit zone.

Good luck.
milkyboon
post Aug 25 2011, 10:43 AM

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I wonder what caused the dip. Anyone has any news on it?
poks
post Aug 25 2011, 10:57 AM

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QUOTE(milkyboon @ Aug 25 2011, 10:43 AM)
I wonder what caused the dip. Anyone has any news on it?
*
for me... it's all depends and because of tomorrow economic news.... especially speech by Uncle Ben 10.....
eur is still in range though.... gbp way down.....


Added on August 25, 2011, 11:00 am
QUOTE(Quinn @ Aug 25 2011, 08:33 AM)
As I have made this same comment in other forums, since gold trend is up, why not seek a good dip to buy? That way you will have less stress.

Anyhow, silver reached my first profit zone and now waiting for next entry for 2nd profit zone.

Good luck.
*
the way i see it... it's 2 way profit taking... sell at high & buy on low... biggrin.gif

This post has been edited by poks: Aug 25 2011, 11:00 AM
kelvinftg
post Aug 25 2011, 11:53 AM

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QUOTE(jackypee @ Aug 24 2011, 11:18 PM)
guys,
i have been leaving my investment to IB : Trillion FX to trade for me in broker FXDD.
Mainly trade on Cable which in return to me about 25% profit in 5 months time.
So far so good. Fund manager are doing a good job.

You may want to find out more at : www.trillionfx.co

I have been earning some pocket $ also via their affiliate program so far.


Added on August 24, 2011, 11:20 pmHi all,

Appreciate if you can share with me some trusted Broker - MT4 base, because i would like to start my own trading.

TQ
*
If you are already leaving a portion of your funds for someone to manage, you might as well have some control over it. Have a look at http://www.zulutrade.com/. There are PLENTY of successful traders there, in fact some are phenomenal. Beautiful thing is, you can choose who to follow at your will, set your risk, leverage, lot size etc..

MT4 based broker, I'm using IBFX and their service has been top notch and very prompt. You can consider them.
Quinn
post Aug 25 2011, 01:44 PM

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QUOTE(poks @ Aug 25 2011, 10:57 AM)


Added on August 25, 2011, 11:00 am
the way i see it... it's 2 way profit taking... sell at high & buy on low...  biggrin.gif
*
When is high? When is low?
poks
post Aug 25 2011, 01:47 PM

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QUOTE(Quinn @ Aug 25 2011, 01:44 PM)
When is high? When is low?
*
high i've seen low hopefully soon...
the lowest the low will be better for my current position...
no one knows... there will be sign !
jun16
post Aug 25 2011, 03:19 PM

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erm...what's Margin leverage mean?
i read the explanation but still not understand cry.gif
spcx
post Aug 25 2011, 03:40 PM

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poks, EUR/USD is at the same pattern again.. lol.. I went short and hope it'll be the 4th day repeating the same pattern..
poks
post Aug 25 2011, 03:57 PM

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hmmm (of course! it's in range & almost to the top)... maybe... don't see nothing yet on my 1H... what is your TF?
gold has presented a short opportunity just now... added more... see how it goes.... (** candle closed & qualified as short for me)
yup... @30M it's a short ... err... not so true..

This post has been edited by poks: Aug 25 2011, 04:05 PM
Grengo01
post Aug 25 2011, 04:03 PM

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Hi... am new to forex....one question.. what causes GBP to drop like lead yesterday and never recover? First time close the night with open positions... a bit worrisome.. sad.gif
poks
post Aug 25 2011, 04:44 PM

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QUOTE(spcx @ Aug 25 2011, 03:40 PM)
poks, EUR/USD is at the same pattern again.. lol.. I went short and hope it'll be the 4th day repeating the same pattern..
*
possibility to happen?


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qwertyuioped
post Aug 25 2011, 04:58 PM

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today EU so nice oh....banked in 50+ pips
wish that everyday is easy like today.
spcx
post Aug 25 2011, 05:04 PM

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QUOTE(poks @ Aug 25 2011, 04:44 PM)
possibility to happen?
*
haha wish i could tell, and i'm still a newbie. =( i've already short it when it hits 1.4454.

but i think it will drop back to 1.4400 range by midnight...

looks like its dropping already.. +p +p +p +p

-----

lol closed shop once I hit 40 pips. phew. now gonna wait and see again..


Added on August 25, 2011, 5:21 pm
QUOTE(Grengo01 @ Aug 25 2011, 04:03 PM)
Hi... am new to forex....one question.. what causes GBP to drop like lead yesterday and never recover? First time close the night with open positions... a bit worrisome.. sad.gif
*
im new also, but if u're leaving ur trades open through the night, i suggest u set some SL.

This post has been edited by spcx: Aug 25 2011, 05:21 PM
poks
post Aug 25 2011, 06:24 PM

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hahaha... spent too much time on gold.... should have join in... good for you...

anatomy of the trade... :


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scar_face008
post Aug 25 2011, 08:25 PM

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QUOTE(poks @ Aug 25 2011, 06:24 PM)
hahaha... spent too much time on gold.... should have join in... good for you...

anatomy of the trade... :
user posted image
*
you use 2 broker? iirc, previous screenie use trading station...
poks
post Aug 25 2011, 08:40 PM

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yes... one for day trading & 1 for gold swing only smile.gif

dammnn this kinda movements... good thing staying on side line...

This post has been edited by poks: Aug 25 2011, 09:11 PM
scar_face008
post Aug 25 2011, 09:02 PM

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how's your fxcm broker? is there any hiccup? thinking of changing broker. keep getting no connection error + timeout.
poks
post Aug 25 2011, 09:15 PM

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QUOTE(scar_face008 @ Aug 25 2011, 09:02 PM)
how's your fxcm broker? is there any hiccup? thinking of changing broker. keep getting no connection error + timeout.
*
quite ok at this moment...
sometimes execution slow... sometimes spread like hell..
overall... acceptable...
eur & gbp playing ping pong...
gold seems like facing resistance on previous low... might be pointing on to something...
gotta love gold at this moment... predictable..

This post has been edited by poks: Aug 25 2011, 09:31 PM
scar_face008
post Aug 25 2011, 09:23 PM

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lol GU and EU suddenly very volatile...gonna get burned tonight again.
milkyboon
post Aug 25 2011, 09:26 PM

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Im still staying at the sidelines for now. Until I finish babypips school. Gold and silver have lots of interesting movements.

Reason for silver and gold plunge last 2 days.
http://www.zerohedge.com/news/precious-met...ime-month-prepa
http://www.youtube.com/watch?v=4JmVSQMPxgM...n_order&list=UL


Added on August 26, 2011, 5:05 amWaa... who got buy silver last night? Show me some money!


Added on August 26, 2011, 7:05 amFive reasons for no QE3 this Friday.
http://www.fxtimes.com/fundamental-updates...t-jackson-hole/

This post has been edited by milkyboon: Aug 26 2011, 07:05 AM
poks
post Aug 26 2011, 08:20 AM

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QUOTE(scar_face008 @ Aug 25 2011, 09:02 PM)
how's your fxcm broker? is there any hiccup? thinking of changing broker. keep getting no connection error + timeout.
*
TGIF
today taking leave from trading...
closed my gold mine... hehehehe

gonna use MT4 one more time for day trading..
account verified but no deposit yet... gotta work hard to squeeze money from my friend celebrating Hari Raya... biggrin.gif

to those trading today... GOOD LUCK !

This post has been edited by poks: Aug 26 2011, 09:37 AM
Grengo01
post Aug 26 2011, 09:00 AM

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Thank you.... for wishing us luck....smile.gif. I am into my first week of trading. Yesterday first day of loss.... and a big one.. sigh...

darn... close worng line.... just got up fr sleep I guess.. instead of making ... now losing money in the first transaction...play catchup again..

This post has been edited by Grengo01: Aug 26 2011, 09:06 AM
poks
post Aug 26 2011, 09:36 AM

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ah ha !
first step is always the hardest...
careful though... major news on gbp and usd today...
play catchup?.... i recommend you to take it easy... smile.gif

gbp: showing down signal @ resistance... expected to be in range till data out this afternoon

This post has been edited by poks: Aug 26 2011, 09:50 AM
Grengo01
post Aug 26 2011, 10:21 AM

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Thx poks.... today breakeven liao! profit of USD0.40.... not too bad... enough for two glasses of iced chinese tea!
poks
post Aug 26 2011, 10:23 AM

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QUOTE(Grengo01 @ Aug 26 2011, 10:21 AM)
Thx poks.... today breakeven liao! profit of USD0.40.... not too bad... enough for two glasses of iced chinese tea!
*
thumbup.gif
Grengo01
post Aug 26 2011, 10:24 AM

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QUOTE(poks @ Aug 26 2011, 09:36 AM)
ah ha !
first step is always the hardest...
careful though... major news on gbp and usd today...
play catchup?.... i recommend you to take it easy... smile.gif

gbp: showing down signal @ resistance... expected to be in range till data out this afternoon
*
seriously... if Bernanke really announced QE3... then what will happen? USD go up? go down? a layman like me will say that it goes down coz you are flushing the system with more money... right? If that's the case, why would GBP face a freakish meltdown over last two days? 1.6500+ down to 1.6200+. haiz... still alot to learn.. hopefully sifu sifu here will give guidance..
poks
post Aug 26 2011, 10:31 AM

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seems like every thing going against usd....
fear fear.....

can't see where thing going...
fundamentalist will be nice if we have one here...

This post has been edited by poks: Aug 26 2011, 10:32 AM
Grengo01
post Aug 26 2011, 10:32 AM

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QUOTE(poks @ Aug 26 2011, 10:31 AM)
seems like every thing going against usd....
fear fear.....
*
but its showing strength against the GBP...... and idiots still seem to flock to a supposed "safe haven" of USD.
sapapa
post Aug 26 2011, 10:40 AM

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QUOTE(Grengo01 @ Aug 26 2011, 10:24 AM)
seriously... if Bernanke really announced QE3... then what will happen? USD go up? go down? a layman like me will say that it goes down coz you are flushing the system with more money... right? If that's the case, why would GBP face a freakish meltdown over last two days? 1.6500+ down to 1.6200+. haiz... still alot to learn.. hopefully sifu sifu here will give guidance..
*
I give you 1 small piece of advice la.

News all are nonsense. Do not trade news and only uses technical analysis.(RM10) smile.gif
poks
post Aug 26 2011, 10:43 AM

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QUOTE(sapapa @ Aug 26 2011, 10:40 AM)
I give you 1 small piece of advice la.

News all are nonsense. Do not trade news and only uses technical analysis.(RM10) smile.gif
*
i second that minus the RM10....

sit back and relax for tonight show.... err.. sleeping will be good since trading late every night...

can't help it... cad showing plenty of buying power... i think you guys notice @1D

This post has been edited by poks: Aug 26 2011, 10:46 AM
Grengo01
post Aug 26 2011, 10:48 AM

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I would love to learn the fundamentals and technical analysis...but for the meantime, I want to try out my own analysis and interpretation.... so far, first 3 days been good.. smile.gif. Yesterday was a hiccup and I realize I got too emotional on the GBP... after all, the charts are pointing that it would breach the all time high! Mana tau, after yesterday, it has gone bearish and may test 1.59... haizz...
poks
post Aug 26 2011, 10:53 AM

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QUOTE(Grengo01 @ Aug 26 2011, 10:48 AM)
I would love to learn the fundamentals and technical analysis...but for the meantime, I want to try out my own analysis and interpretation.... so far, first 3 days been good.. smile.gif. Yesterday was a hiccup and I realize I got too emotional on the GBP... after all, the charts are pointing that it would breach the all time high! Mana tau, after yesterday, it has gone bearish and may test 1.59... haizz...
*
if i draw my chart like this....
there are 2 types of entries.... high risk entry & medium risk entry....
low risk entry is bulls*** though..
can you see??? tongue.gif

This post has been edited by poks: Aug 26 2011, 10:54 AM


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Grengo01
post Aug 26 2011, 11:07 AM

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QUOTE(poks @ Aug 26 2011, 10:53 AM)
if i draw my chart like this....
there are 2 types of entries.... high risk entry & medium risk entry....
low risk entry is bulls*** though..
can you see???  tongue.gif
*
yup.... noted... rclxms.gif
poks
post Aug 26 2011, 11:15 AM

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anatomy of why i short gold for two days....

think you guys also know this........ biggrin.gif


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Grengo01
post Aug 26 2011, 11:23 AM

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duhhh... i see nothing.. just that it has gone up way too fast.. way too much....and it has dropped way too fast... way too much...
milkyboon
post Aug 26 2011, 11:29 AM

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Corrected... Its a Rectangle signal.(IMO la)

But your choice makes sense oso.
Where you learn the resistance line?


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poks
post Aug 26 2011, 11:39 AM

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hahahah.... it's a double top...

milkyboon
post Aug 26 2011, 11:46 AM

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Wait, is that a double top instead??
poks
post Aug 26 2011, 12:00 PM

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QUOTE(milkyboon @ Aug 26 2011, 11:46 AM)
Wait, is that a double top instead??
*
biggrin.gif

sell on double top
buy on double bottom...
in accordance to 1D frame...

**currently gold doing double top..

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milkyboon
post Aug 26 2011, 12:06 PM

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Ahh, I can see inverted Head and Shoulders on the Gold Price now.
Good luck. Check for other entry indicators.


Added on August 26, 2011, 12:12 pmIts starting!!


Added on August 26, 2011, 12:20 pmOhh... its a fake out...

This post has been edited by milkyboon: Aug 26 2011, 12:20 PM
poks
post Aug 26 2011, 12:29 PM

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QUOTE(milkyboon @ Aug 26 2011, 12:06 PM)

Ohh... its a fake out...
may i interest you in buying gold?


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milkyboon
post Aug 26 2011, 12:42 PM

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Muahaha, Fingers rubbing... Just did a 0.01 gold trade. Earn 2.22USD haha.
Yes, It seems like a breakout. Lets see. Putting buy call. Hmm... where is support level??


Added on August 26, 2011, 12:45 pmVolume boring. Lemme just go to sleep. But I kinda wanna bet its gonna go up. Lets see tomorrow Jackson Hole meeting.

This post has been edited by milkyboon: Aug 26 2011, 12:45 PM
jenny03
post Aug 26 2011, 02:11 PM

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FXCM suck
I'm with them for 1.5 year
keep getting no connection error + timeout
when news release cant even do shit

now using fxopen and instaFX... XD
poks
post Aug 26 2011, 03:50 PM

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QUOTE(milkyboon @ Aug 26 2011, 12:42 PM)
Muahaha, Fingers rubbing... Just did a 0.01 gold trade. Earn 2.22USD haha.
Yes, It seems like a breakout. Lets see. Putting buy call. Hmm... where is support level??
hahaha... fingers was itchy...
went long @1774.51.... hahahahahah

went reading wiki & found... just my type ;http://en.wikipedia.org/wiki/Price_action_trading

This post has been edited by poks: Aug 26 2011, 05:14 PM
milkyboon
post Aug 26 2011, 06:32 PM

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Hmm...looks like the head and shoulders was ignored. But nevertheless, it is still an uptrend.
spcx
post Aug 26 2011, 07:55 PM

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Woohoo! $700 profit this week by trading just on EUR/USD. The pattern was consistent through out the week. Close shop for this week. smile.gif

Good luck all, see you all on Monday!
Grengo01
post Aug 26 2011, 10:37 PM

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haiyo... EURUSD was going crazy after 10pm.... then suddenly the server hang.... no connection... wut to do?
spcx
post Aug 26 2011, 10:51 PM

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if you did set TP or SL you should be ok ma...

if you guys look at the 1H chart for EUR/USD, notice the changes at the same time for the past 4 days and today.

i'm not a pro in analyzing, but this was what i found.. and guess what will happen after that black candle stick.. haha

user posted image

This post has been edited by spcx: Aug 26 2011, 11:07 PM
rachel9966
post Aug 26 2011, 11:30 PM

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Interesting observation by spcx...
Grengo01
post Aug 26 2011, 11:44 PM

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spcx... i already notice it 2 days ago... have been following trend for last 2 days... today only go super crazy....
scar_face008
post Aug 26 2011, 11:47 PM

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double top or consolidation range, depends on what type of trader you are. aggresive type will see double top and might open trade as soon as confirmed price reverse. conservative type will see range and might wait for SnR range to break before opening any trade.
poks
post Aug 27 2011, 04:16 AM

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QUOTE(scar_face008 @ Aug 26 2011, 11:47 PM)
double top or consolidation range, depends on what type of trader you are. aggresive type will see double top and might open trade as soon as confirmed price reverse. conservative type will see range and might wait for SnR range to break before opening any trade.
*
yup ! simple S&R just need 2 lines biggrin.gif

missed the party... now have to read a lot.... hehehehe

something interesting...; NY is gonna get wet... http://www.cnbc.com/id/44278064

This post has been edited by poks: Aug 27 2011, 04:36 AM


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milkyboon
post Aug 27 2011, 04:50 AM

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Missed the party... working in the US right now. cry.gif
Must buy an ipad next time.

This post has been edited by milkyboon: Aug 27 2011, 04:50 AM
poks
post Aug 27 2011, 04:55 AM

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wow... working in US?
must be a wonderful dream job smile.gif
milkyboon
post Aug 27 2011, 05:07 AM

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Good morning everyone. This is Golden Bus 2011.
You are now in Elliot wave 3. Have a nice ride~

@poks Ahhaha, I am Boon Huat on fb la. And working as housekeeper under WAT programme now.
poks
post Aug 27 2011, 05:18 AM

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oookkkaayyyy.....

happy weekend... this weekend got nothing to share tongue.gif

all the beans was spilled this week.... hahahahhaha

may we guys have learned a lot this week....

This post has been edited by poks: Aug 27 2011, 05:19 AM
ejiko
post Aug 27 2011, 07:38 AM

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QUOTE(Grengo01 @ Aug 26 2011, 10:24 AM)
seriously... if Bernanke really announced QE3... then what will happen? USD go up? go down? a layman like me will say that it goes down coz you are flushing the system with more money... right? If that's the case, why would GBP face a freakish meltdown over last two days? 1.6500+ down to 1.6200+. haiz... still alot to learn.. hopefully sifu sifu here will give guidance..
*
see what happen bfore market close. EU step up n mostly finish my margin. heh. sweat.gif

btw i newbie in this.
QUOTE
hopefully sifu sifu here will give guidance

Grengo01
post Aug 27 2011, 08:36 AM

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Ejiko.. unfortunately when Bernanke says nothing and did not announce QE3, USD collapse against EUR and GBP but strengthened against CHF.... I think I am lost... any comments? Why? I was happily making close to USD1k yesterday until the pendulum swung out of control... ended up only making a paltry of what I could have made if it had not swung out of control.
jun16
post Aug 27 2011, 11:14 AM

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market closed?when will it open again?
qwertyuioped
post Aug 27 2011, 12:54 PM

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QUOTE(jun16 @ Aug 27 2011, 12:14 PM)
market closed?when will it open again?
*
monday lo...
Mr.Docter
post Aug 27 2011, 06:29 PM

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Hi everyone,
» Click to show Spoiler - click again to hide... «

Login into InstaForex.com seems fix it. Too bad I don't know that the minimal transaction if USD300 doh.gif

This post has been edited by Mr.Docter: Aug 28 2011, 03:16 PM
thomas
post Aug 28 2011, 12:01 AM

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Hello kawan2....
wschoo26
post Aug 28 2011, 01:56 PM

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QUOTE(thomas @ Aug 28 2011, 12:01 AM)
Hello kawan2....
*
Hello legendary professional trader,
Any trading technique tips for us mou?
poks
post Aug 28 2011, 04:54 PM

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QUOTE(wschoo26 @ Aug 28 2011, 01:56 PM)
Hello legendary professional trader,
Any trading technique tips for us mou?
*
hahahah... just came back from holiday...!?
dropped the bb though.... sticking with my old way... works wonders with gold tongue.gif
spcx
post Aug 28 2011, 08:04 PM

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hey a question, anyone tried using ZuluTrade before?
milkyboon
post Aug 28 2011, 08:14 PM

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QUOTE(Grengo01 @ Aug 27 2011, 08:36 AM)
Ejiko.. unfortunately when Bernanke says nothing and did not announce QE3, USD collapse against EUR and GBP but strengthened against CHF.... I think I am lost... any comments? Why? I was happily making close to USD1k yesterday until the pendulum swung out of control... ended up only making a paltry of what I could have made if it had not swung out of control.
*
Apparently, the public believed the Fed will release QE3, and traders simply 'priced-in' the announcement before it starts.
It is more likely new will be 'priced-in' when announcement will have high impact and the nearer it is to the news release.

http://www.babypips.com/school/market-reaction.html

And a forex calender special for you~
http://www.babypips.com/tools/forex-calendar/

and in the end, when helicopter Ben did not release his QE3, the market pulled back(disappointed mah~)
That is the reason my friend.
wschoo26
post Aug 28 2011, 08:23 PM

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QUOTE(poks @ Aug 28 2011, 04:54 PM)
hahahah... just came back from holiday...!?
dropped the bb though.... sticking with my old way... works wonders with gold  tongue.gif
*
Pok, how to hoiliday , still losing. Need to work harder to get bullet la.
u drop the bb? thomas use the bb like a very big parang to rob the broker(i think he use with conjunction with rsi as well from the graph he posted last time. Of cos he got a lot other technique no tell us la...can forecast price so accurate...100% ROI guaranteed wor!)
I still amazed with his result..how he did it!!
poks
post Aug 28 2011, 08:35 PM

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QUOTE(wschoo26 @ Aug 28 2011, 08:23 PM)
Pok, how to hoiliday , still losing. Need to work harder to get bullet la.
u drop the bb? thomas use the bb like  a very big parang to rob the broker(i think he use with conjunction with rsi as well from the graph he posted last time. Of cos he got a lot other technique no tell us la...can forecast price so accurate...100% ROI guaranteed wor!)
I still amazed with his result..how he did it!!
*
hahaha... think so....
bb just not really for me i think...
anyway... you guys got 3 days holiday to make some $$$...
me go holiday at kampung.... what so ever also don't have there....
now's your chance.... hahahahhahaha
wschoo26
post Aug 28 2011, 09:03 PM

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QUOTE(poks @ Aug 28 2011, 08:35 PM)
hahaha... think so....
bb just not really for me i think...
anyway... you guys got 3 days holiday to make some $$$...
me go holiday at kampung.... what so ever also don't have there....
now's your chance.... hahahahhahaha
*
getting a break also good. Can refresh mind and come back with new trading idea.
I was surprise to see suddenly so many newbie forex traders here out of nowhere...where they coming from?
Anyway , welcome aboard..of not , will be very boring here..
Thomas.....post yr live result and give semangat again....my semangat puncture again..
poks
post Aug 28 2011, 09:51 PM

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newbies?
that my friend is because you didn't post for quite sometimes already...
puncture? your robot mutiny izzit?....
come on.... give manual trading another chance smile.gif
wschoo26
post Aug 28 2011, 09:56 PM

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QUOTE(poks @ Aug 28 2011, 09:51 PM)
newbies?
that my friend is because you didn't post for quite sometimes already...
puncture? your robot mutiny izzit?....
come on....  give manual trading another chance smile.gif
*
ya..itu robot Boom already..sad.gif
manual make me very very headache....suka suka dia naik..suka suka dia turun...i betul betul tak tau apa dia nak.
Eh...your name is steve pok?
poks
post Aug 28 2011, 10:09 PM

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QUOTE(wschoo26 @ Aug 28 2011, 09:56 PM)
Eh...your name is steve pok?
no.... coincidence.. i don't think i trade as good as him...
now.... who is he???
i'm just a kampung guy biggrin.gif
wschoo26
post Aug 28 2011, 10:20 PM

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QUOTE(poks @ Aug 28 2011, 10:09 PM)
no.... coincidence.. i don't think i trade as good as him...
now.... who is he???
i'm just a kampung guy  biggrin.gif
*
wei..i saw a lot kampung guy earn a lot in trading..they just being humble but earns tons of money..
Last time got one guy posted his frenz give forex course and earn lot leh....i added him to my fb..i saw he posted profit closing to 300k!!!He targetting Audi car, ferrari, lamboghini..why they earn so easy in forex and i cant earn in forex geh? my fate? i cant touch trading? fensui? where goes wrong?
poks
post Aug 28 2011, 10:42 PM

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wahhh....
then i'll say buying those cars are a waste of money...
better go buy stocks or physical gold smile.gif
anyway steve pok is not poks...
i got extra "s" biggrin.gif

next week my eyes still on gold drool.gif

avengers88
post Aug 28 2011, 10:46 PM

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I am gonna learn forex and join you guys really soon. Gonna find more info because I am going to start working and would like to find some extra income through investment. Family is poor, everything need to get myself. Sigh.
poks
post Aug 28 2011, 10:54 PM

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now....
is this a retrace?
healthy bar formed....
now.... just where to add position tomorrow????


Added on August 29, 2011, 8:06 am
QUOTE(avengers88 @ Aug 28 2011, 10:46 PM)
I am gonna learn forex and join you guys really soon. Gonna find more info because I am going to start working and would like to find some extra income through investment. Family is poor, everything need to get myself. Sigh.
*
good... just like me flex.gif

This post has been edited by poks: Aug 29 2011, 08:06 AM


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thomas
post Aug 29 2011, 09:24 AM

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QUOTE(wschoo26 @ Aug 28 2011, 08:23 PM)
Pok, how to hoiliday , still losing. Need to work harder to get bullet la.
u drop the bb? thomas use the bb like  a very big parang to rob the broker(i think he use with conjunction with rsi as well from the graph he posted last time. Of cos he got a lot other technique no tell us la...can forecast price so accurate...100% ROI guaranteed wor!)
I still amazed with his result..how he did it!!
*
haha... i never take up any parang la...

Yes, I use B.Band + RSI ,really more accurate.


TIP of the day : LEARN TO SEE WHICH CANDLE STICK IS THE LAST CANDLE STICK BEFORE IT CHANGE DIRECTION. icon_rolleyes.gif
poks
post Aug 29 2011, 09:28 AM

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something to look forward next 30M

gbp !

went to scalp eur....
hahhaahha... ignore the setup tongue.gif
----------------------------------------------------

cad looking good..... nobody around? blink.gif


This post has been edited by poks: Aug 29 2011, 11:46 AM


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scar_face008
post Aug 29 2011, 11:59 AM

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selamat hari raya all~ hehehe. careful i just heard on radio new york is closed for 2 days. irene on rampage~~~
ejiko
post Aug 29 2011, 12:04 PM

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is it EU will going down? worried my margain. or i must deposit some cash? heh sweat.gif

QUOTE(milkyboon @ Aug 28 2011, 08:14 PM)
looks cool. thx smile.gif

QUOTE(thomas @ Aug 29 2011, 09:24 AM)
TIP of the day : LEARN TO SEE WHICH CANDLE STICK IS THE LAST CANDLE STICK BEFORE IT CHANGE DIRECTION. icon_rolleyes.gif
*
stil not get it. rclxub.gif


Added on August 29, 2011, 12:06 pm
QUOTE(scar_face008 @ Aug 29 2011, 11:59 AM)
selamat hari raya all~ hehehe. careful i just heard on radio new york is closed for 2 days. irene on rampage~~~
*
wadefak?? closed for 2days? when?? today and tomorrow?

This post has been edited by ejiko: Aug 29 2011, 12:06 PM
iamloco
post Aug 29 2011, 04:02 PM

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last week's gap still not closed. TP EURUSD at 1.4255
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post Aug 29 2011, 04:58 PM

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QUOTE(iamloco @ Aug 29 2011, 04:02 PM)
last week's gap still not closed. TP EURUSD at 1.4255
*
1.) Not all the gap to be filled/closed
2.) Some gap is only to be filled/closed by 50% but not 100%.
3.) Bollinger Band can tell you why...


Added on August 29, 2011, 5:19 pm
QUOTE(poks @ Aug 29 2011, 09:28 AM)
something to look forward next 30M

gbp !

went to scalp eur....
hahhaahha... ignore the setup  tongue.gif
----------------------------------------------------

cad looking good..... nobody around?  blink.gif
*
GBP Bank Holiday Today~

This post has been edited by thomas: Aug 29 2011, 05:19 PM
wschoo26
post Aug 29 2011, 05:38 PM

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QUOTE(thomas @ Aug 29 2011, 09:24 AM)
haha... i never take up any parang la...

Yes, I use B.Band + RSI ,really more accurate.
TIP of the day : LEARN TO SEE WHICH CANDLE STICK IS THE LAST CANDLE STICK BEFORE IT CHANGE DIRECTION. icon_rolleyes.gif
*
hhmm...this looks like looking for doji, hammer, hangingman, shooting star and wait for next confirmation bar to confirm reversal....unsure.gif
thomas
post Aug 29 2011, 05:53 PM

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QUOTE(wschoo26 @ Aug 29 2011, 05:38 PM)
hhmm...this looks like looking for doji, hammer, hangingman, shooting star and wait for next confirmation bar to confirm reversal....unsure.gif
*
nope. 50% of my trade entering before the appearance of those pattern.most of it i entered and it will form those patterns..so i can score at highest point.
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post Aug 29 2011, 06:02 PM

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QUOTE(thomas @ Aug 29 2011, 05:53 PM)
nope. 50% of my trade entering before the appearance of those pattern.most of it i entered and it will form those patterns..so i can score at highest point.
*
1) aiya...if like this...your statement...LEARN TO SEE WHICH CANDLE STICK IS THE LAST CANDLE STICK BEFORE IT CHANGE DIRECTION ...need very high IQ person to catch it....can give more details ar?hehehe
2)50% of my trade entering before the appearance of those pattern.most of it i entered and it will form those patterns..so i can score at highest point.
----thats why i say u r close to god...i got try bb and rsi...it drives me crazy sad.gif..sometimes the candle hugging at the upper or lower band & rsi cross above 70..then turn back down, cross below 30 , then go up back..tak tau mana dia mau pergi
Quinn
post Aug 29 2011, 07:13 PM

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QUOTE(poks @ Aug 28 2011, 10:54 PM)
now....
is this a retrace?
healthy bar formed....
now.... just where to add position tomorrow????


Added on August 29, 2011, 8:06 am

good... just like me  flex.gif
*
What is your next trading plan for the attached gold chart? What is your analysis that gold will move next? Interested to know your opinion.

Today had been a really good monday.

As chart attached, good movements in EURUSD, AUDUSD, NZDUSD, USDCAD, EURCHF, AUDCHF, NZDCHF.

This post has been edited by Quinn: Aug 29 2011, 07:24 PM


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wschoo26
post Aug 29 2011, 08:16 PM

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QUOTE(Quinn @ Aug 29 2011, 07:13 PM)
What is your next trading plan for the attached gold chart? What is your analysis that gold will move next? Interested to know your opinion.

Today had been a really good monday.

As chart attached, good movements in EURUSD, AUDUSD, NZDUSD, USDCAD, EURCHF, AUDCHF, NZDCHF.
*
Thnaks for the chart..from what u had posted...my guess is eu,au,nu,echf,audchf,nzdchf is up. usdcadis down
Gold theoriticaly drop to neckline
Is that correct?
poks
post Aug 29 2011, 08:31 PM

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QUOTE(Quinn @ Aug 29 2011, 07:13 PM)
What is your next trading plan for the attached gold chart? What is your analysis that gold will move next? Interested to know your opinion.

Today had been a really good monday.

As chart attached, good movements in EURUSD, AUDUSD, NZDUSD, USDCAD, EURCHF, AUDCHF, NZDCHF.
*
closed my long gold.... (good 4k pips)

seems like gold still trading in range... (got 1 floating position @ support damnn hard to break)
sometimes it's a good idea to take profit @resistant...especially when you know it's a ranging market...

can't really see where this thing going to... (my position gonna kaput soon..)

This post has been edited by poks: Aug 29 2011, 08:44 PM


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milkyboon
post Aug 29 2011, 08:55 PM

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Ahaha, my predictions in gold was correct isnt it? Hahaha. Too bad its me myself that did not go in and trade.
poks
post Aug 29 2011, 08:59 PM

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QUOTE(milkyboon @ Aug 29 2011, 08:55 PM)
Ahaha, my predictions in gold was correct isnt it? Hahaha. Too bad its me myself that did not go in and trade.
*
which part is that? maybe i missed it tongue.gif

posted the cad break but didn't take it.... aiya....
gbp... just nice to trade biggrin.gif .... and up she goes...

This post has been edited by poks: Aug 29 2011, 09:05 PM
iInvest
post Aug 29 2011, 09:37 PM

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What is the best robot u guys been using before starting playing Live.
pls intro me.
and how can i make an account and start trading live when im are ready? how about the $$ transfer everything. sorry too much question. newbie here smile.gif
how bout the time. what time the market starts and what time it closes down? tq
poks
post Aug 29 2011, 09:46 PM

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i see opportunities....

gold went kaput... closing gold mine... now moving to currencies... biggrin.gif

This post has been edited by poks: Aug 29 2011, 09:47 PM
Volatile369
post Aug 29 2011, 10:13 PM

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So how's trading Thomas? If Wat u do can make you a millionaire I salute ur style of trading, at least proof me wrong about short term trading r mumbo jumbo as other guru said..
wschoo26
post Aug 29 2011, 10:14 PM

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QUOTE(poks @ Aug 29 2011, 08:31 PM)
closed my long gold.... (good 4k pips)

seems like gold still trading in range... (got 1 floating position @ support damnn hard to break)
sometimes it's a good idea to take profit @resistant...especially when you know it's a ranging market...

can't really see where this thing going to... (my position gonna kaput soon..)
*
4k pips profit ...wah.....very good oh..... rclxms.gif
poks
post Aug 29 2011, 10:27 PM

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QUOTE(wschoo26 @ Aug 29 2011, 10:14 PM)
4k pips profit ...wah.....very good oh..... rclxms.gif
*
so so la....
i'm happy with my shorting that day though...
eur doing my favourite double top....
now gonna wathc & see where this go....

p/s: did some anatomy why i short few posts ago... for reference biggrin.gif

This post has been edited by poks: Aug 29 2011, 10:29 PM
goleng2001
post Aug 29 2011, 11:26 PM

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Quinn
post Aug 29 2011, 11:54 PM

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QUOTE(wschoo26 @ Aug 29 2011, 08:16 PM)
Thnaks for the chart..from what u had posted...my guess is eu,au,nu,echf,audchf,nzdchf is up. usdcadis down
Gold theoriticaly drop to neckline
Is that correct?
*
Gold chart updated with a doji formed at H4. Because H1 is bullish and H4 is bearish, thus unclear directions. Once price breaks red trendline, more bearish movement to be expected. If price breaks above kumo @ H4, expect bull to resume.

wschoo26, for more details on how i look at it, pls kindly head to www.ichimokuworld.com and read from first post. You will understand how i look at it. Also do not forget to download Gabor's free ebook on ichimoku trading system under publication > Ichimoku Beginner. It has all the basics you need to understand ichimoku. It requires a lot of chart screening to fully understand each component in more details. wub.gif


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milkyboon
post Aug 30 2011, 01:15 AM

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QUOTE(iInvest @ Aug 29 2011, 09:37 PM)
What is the best robot u guys been using before starting playing Live.
pls intro me.
and how can i make an account and start trading live when im are ready? how about the $$ transfer everything. sorry too much question. newbie here smile.gif
how bout the time. what time the market starts and what time it closes down? tq
*
Aiya, where got ppl use robot before playing live?(Maybe got some la, maybe poks)
Usually is demo>live>robot.
Do your research on which broker to make account with. There are some info on brokers on the first few pages.
Things you must know about brokers is
1. Spread - Difference between buy/sell price. This is the comission broker makes
2. Speed - The lag between the time you click for order and the time your order is executed. Very important if you are a scrap trader.
3. Pairs - Some brokers like AvaTrader offers commodities and over a hundred different pairs of currency. HotForex only offer forex pairs. So if you want to trade gold, some offer gold but some do not.
4. Leverage - HotForex offers up to 1000x leverage. Leverage is like how many times more profit you can make. Beware, leverage could cause your account to go into -ve region.

Bout the time, I use Google sidebar. Then download OANDA FxMarketHours. So no matter where you are in the world, you can know what time it opens.

And please do your research before coming back. Sifu-sifu dont like if you come back empty handed. Worse is empty headed.
poks
post Aug 30 2011, 01:20 AM

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QUOTE(milkyboon @ Aug 30 2011, 01:15 AM)
Aiya, where got ppl use robot before playing live?(Maybe got some la, maybe poks)
ahahahaha...
i trade manual man...
sorry to disappoint you...

** anyone traded the double top?? closed mine... seems like gonna go down more...

sleep sleep sleep... gonna be long drive this morning...
Selamat Hari Raya & Merdeka Day... i wish i can trade this holiday... but gonna go jalan jalan di kampung...
see you guys....

This post has been edited by poks: Aug 30 2011, 01:25 AM
milkyboon
post Aug 30 2011, 01:29 AM

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Hmm... My suspicion is that Gold is in Harmonic price pattern now... Of coz, unbased suspicion. Hahaha
And of course, uptrend Elliot wave is over. Now going down, with a few abc correction. Now, Im going back to wrok...

This post has been edited by milkyboon: Aug 30 2011, 01:30 AM
jebonen
post Aug 30 2011, 02:24 AM

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Selamat Hari Raya to malay traders.............................. rclxm9.gif yeah esok raya....hahaha biggrin.gif biggrin.gif

This post has been edited by jebonen: Aug 30 2011, 02:24 AM
SpL-[V]iCioUS
post Aug 30 2011, 02:49 AM

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QUOTE(milkyboon @ Aug 30 2011, 02:29 AM)
Hmm... My suspicion is that Gold is in Harmonic price pattern now... Of coz, unbased suspicion. Hahaha
And of course, uptrend Elliot wave is over. Now going down, with a few abc correction. Now, Im going back to wrok...
*
It does showing a bullish crab for the harmonic price pattern.
So its good signals for all =)
milkyboon
post Aug 30 2011, 05:08 AM

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biggrin.gif
Still cannot trade... Self promise not to trade until I finish my forex studies~~
mumeichan
post Aug 30 2011, 07:14 AM

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QUOTE(milkyboon @ Aug 30 2011, 05:08 AM)
biggrin.gif
Still cannot trade... Self promise not to trade until I finish my forex studies~~
*
What demo accounts are good. I registered for Oanda demo account but I read it sucks for those on trading live. I prefer one where I can go live with the same broker providing me the demo account.
milkyboon
post Aug 30 2011, 08:01 AM

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I recommend Avatrader for Demo account since you can learn a lot from it. AvaMetatrader4 for Live account as it has more tools and pairs. If you want strictly for Forex pairs then use HotForex or Instatrader as they have one of the lowest spread.

Dont understand what I said?(or typed literally) biggrin.gif reread them~

Ahh... This world is filled with young boys wanting to get rich quick but never want to do any work~~
If I sell u get-rich-quick scheme u wan o nt?


Added on August 30, 2011, 9:00 amAnyone got any idea where to get this chart? Its the Commitment of traders chart.

http://www.babypips.com/school/images/fres...eur-globex4.png

It came from
http://www.babypips.com/school/the-cot-trading-strategy.html

Ahh.. wait I found it...

This post has been edited by milkyboon: Aug 30 2011, 09:58 AM
Quinn
post Aug 30 2011, 10:47 AM

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Gold chart updated. The more in dance in the kumo, the sentiment will slowly turn into bearish songs.


Added on August 30, 2011, 12:18 pmIn a few weeks time, i will be in KL for business related. At the same time, i was thinking to organise a simple gathering where we can discuss on fundamentals (which i am weak at), technical analysis, or trading systems. I do not mind sharing how ichimoku works if anyone is interested. Preferable, 5-8 ppl only. Else become pasar malam, haha!

This post has been edited by Quinn: Aug 30 2011, 12:18 PM


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spcx
post Aug 30 2011, 02:56 PM

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QUOTE(Quinn @ Aug 30 2011, 10:47 AM)
Gold chart updated. The more in dance in the kumo, the sentiment will slowly turn into bearish songs.


Added on August 30, 2011, 12:18 pmIn a few weeks time, i will be in KL for business related. At the same time, i was thinking to organise a simple gathering where we can discuss on fundamentals (which i am weak at), technical analysis, or trading systems. I do not mind sharing how ichimoku works if anyone is interested. Preferable, 5-8 ppl only. Else become pasar malam, haha!
*
can newbies join? tongue.gif
kelvin_tan
post Aug 30 2011, 03:42 PM

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HotFX and Instatrader offers LOW SPREADS?

How low we talking?

And another point, when recommending brokers, are those brokers regulated? Brokers can just dash of with your money. Never forget that. You could make a million bucks but what use it is if your broker doesnt give you the money?
wschoo26
post Aug 30 2011, 05:57 PM

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QUOTE(Quinn @ Aug 29 2011, 11:54 PM)
Gold chart updated with a doji formed at H4. Because H1 is bullish and H4 is bearish, thus unclear directions. Once price breaks red trendline, more bearish movement to be expected. If price breaks above kumo @ H4, expect bull to resume.

wschoo26, for more details on how i look at it, pls kindly head to www.ichimokuworld.com and read from first post. You will understand how i look at it. Also do not forget to download Gabor's free ebook on ichimoku trading system under publication > Ichimoku Beginner. It has all the basics you need to understand ichimoku. It requires a lot of chart screening to fully understand each component in more details.   wub.gif
*
Thanks for the tips ..appreciate it


Added on August 30, 2011, 6:07 pm
QUOTE(spcx @ Aug 30 2011, 02:56 PM)
can newbies join? tongue.gif
*
u r newbie only? I am burnout trader, much worse than u... cry.gif
If thomas and poks join, they will add more value to the gathering.
Good for Quinn to organise such gathering. At least we get to know each other closer and have a common interest.
But dont know the date and time exactly yet cos I think many of us have their own daily commitment.


Added on August 30, 2011, 6:09 pm
QUOTE(kelvin_tan @ Aug 30 2011, 03:42 PM)
HotFX and Instatrader offers LOW SPREADS?

How low we talking?

And another point, when recommending brokers, are those brokers regulated? Brokers can just dash of with your money. Never forget that. You could make a million bucks but what use it is if your broker doesnt give you the money?
*
Boss, what brokers u r using? Pls let us know


Added on August 30, 2011, 6:13 pm
QUOTE(iInvest @ Aug 29 2011, 09:37 PM)
What is the best robot u guys been using before starting playing Live.
pls intro me.
and how can i make an account and start trading live when im are ready? how about the $$ transfer everything. sorry too much question. newbie here smile.gif
how bout the time. what time the market starts and what time it closes down? tq
*
I just Boomb one account with one robot with martingale inside.... cry.gif
But still no give up,,,still searching


This post has been edited by wschoo26: Aug 30 2011, 06:13 PM
milkyboon
post Aug 30 2011, 07:54 PM

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QUOTE(kelvin_tan @ Aug 30 2011, 03:42 PM)
HotFX and Instatrader offers LOW SPREADS?

How low we talking?

And another point, when recommending brokers, are those brokers regulated? Brokers can just dash of with your money. Never forget that. You could make a million bucks but what use it is if your broker doesnt give you the money?
*
Thats what I heard la.

But yeah, have to check if brokers are regulated. For safety precautions. Nobody likes their money taken away.
There should be a link earlier in this thread for regulated brokers.
Quinn
post Aug 30 2011, 08:16 PM

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QUOTE(spcx @ Aug 30 2011, 02:56 PM)
can newbies join? tongue.gif
*
Yes definately. Don't forget the basics is still the most important thing in trading. Thus we can always talk about basics smile.gif
NinjaAss@ssin
post Aug 31 2011, 12:21 AM

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Hi traders, i wonder u guys notice about this? Check this out, FPA had make a statement that claim Instaforex.com is a scam broker. ohmy.gif Any idea? sweat.gif

FPA review (instaforex.com)


And this is what Instaforex.com talks and tells about FPA about their report. sweat.gif

Statement against FPA

This post has been edited by NinjaAss@ssin: Aug 31 2011, 12:40 AM
milkyboon
post Aug 31 2011, 12:47 AM

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Ohh... Forex Peace Army.
Dont worry, InstaForex is not the only that was attacked by FPA. Even Avatrader got shot a few years ago.
IMO, FPA is more like a group of dissatisfied customer, blaming every broker just because their trade was executed 0.5 seconds late. I may be wrong, but I do not trust FPA. Try other forums for more confirmations.
jebonen
post Aug 31 2011, 01:19 AM

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Merdeka...!! 2:00am USD
FOMC Meeting Minutes!!!!! short 50p... long 30p...hahaha... script entry..
Volatile369
post Aug 31 2011, 02:15 PM

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So where's our star trader? he shud be earning 128k by now n celebrating his merdeka day.. tongue.gif
iamsuccess
post Aug 31 2011, 05:16 PM

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Can anyone suggest a good place to learn how to trade in forex? I am interested in a guided training course and not some website that you can find online.

Is this a good place to learn?

http://www.srdcglobal.com/
mtsen
post Aug 31 2011, 11:45 PM

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QUOTE(iamsuccess @ Aug 31 2011, 05:16 PM)
Can anyone suggest a good place to learn how to trade in forex? I am interested in a guided training course and not some website that you can find online.

Is this a good place to learn?

http://www.srdcglobal.com/
*
sounds like self promotion, what's wrong with online website ? They may be not prefect but at least they are independent. smile.gif


Added on August 31, 2011, 11:48 pm
QUOTE(milkyboon @ Aug 30 2011, 01:15 AM)
Aiya, where got ppl use robot before playing live?(Maybe got some la, maybe poks)
Usually is demo>live>robot.
Do your research on which broker to make account with. There are some info on brokers on the first few pages.
Things you must know about brokers is
1. Spread - Difference between buy/sell price. This is the comission broker makes
2. Speed - The lag between the time you click for order and the time your order is executed. Very important if you are a scrap trader.
3. Pairs - Some brokers like AvaTrader offers commodities and over a hundred different pairs of currency. HotForex only offer forex pairs. So if you want to trade gold, some offer gold but some do not.
4. Leverage - HotForex offers up to 1000x leverage. Leverage is like how many times more profit you can make. Beware, leverage could cause your account to go into -ve region.

Bout the time, I use Google sidebar. Then download OANDA FxMarketHours. So no matter where you are in the world, you can know what time it opens.

And please do your research before coming back. Sifu-sifu dont like if you come back empty handed. Worse is empty headed.
*
actually robot should be proven in demo before bringing life ... else no point using that robot.

Oanda has about 48% success rate while others are only 20-30%, I read they also has the largest users base but I never heard of them, does anyone here know Oanda ?

This post has been edited by mtsen: Aug 31 2011, 11:48 PM
spcx
post Sep 1 2011, 12:27 AM

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QUOTE(mtsen @ Aug 31 2011, 11:45 PM)
sounds like self promotion, what's wrong with online website ?  They may be not prefect but at least they are independent. smile.gif


Added on August 31, 2011, 11:48 pm
actually robot should be proven in demo before bringing life ... else no point using that robot.

Oanda has about 48% success rate while others are only 20-30%, I read they also has the largest users base but I never heard of them, does anyone here know Oanda ?
*
I'm using Oanda, so far everything has been ok. less leceh on opening account, can use paypal to deposit/withdraw. Low spreads on EUR/USD pair tongue.gif best of all i can trade using my iPhone..
Quinn
post Sep 1 2011, 01:20 AM

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Hi, silver chart updated. Hope you guys are in it! Had been talking about this bull since last week, if you had been following.


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Quinn
post Sep 1 2011, 01:40 AM

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I'm a little fan of WD Gann and though to share this article.

http://www.cnbc.com/id/44036727/Fibonacci_...ear_Bond_Market
milfy
post Sep 1 2011, 01:40 AM

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Hi, Just got hand burned in live trading. Guess had take time off to further learning and testing...

Any advice would be good.
Quinn
post Sep 1 2011, 01:42 AM

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QUOTE(milfy @ Sep 1 2011, 01:40 AM)
Hi, Just got hand burned in live trading. Guess had take time off to further learning and testing...

Any advice would be good.
*
1. Create a trading plan.
2. Demo it for a few months.
3. Restructure your trading plan if needed.
4. Go live with small lots.

Trading is a lonely journey. Don't rush it. wub.gif
milfy
post Sep 1 2011, 01:49 AM

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Any website to read up to broaden my views and methods?

Very low in confidence in trading live since last week after hand burned...sigh!
Quinn
post Sep 1 2011, 02:00 AM

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QUOTE(milfy @ Sep 1 2011, 01:49 AM)
Any website to read up to broaden my views and methods?

Very low in confidence in trading live since last week after hand burned...sigh!
*
Tell me, what went wrong?
Quinn
post Sep 1 2011, 12:00 PM

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Anyone from Kuching? I'm having a small fx gathering. PM me and i'll drop you my contact.
SpL-[V]iCioUS
post Sep 1 2011, 04:53 PM

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QUOTE(milfy @ Sep 1 2011, 02:49 AM)
Any website to read up to broaden my views and methods?

Very low in confidence in trading live since last week after hand burned...sigh!
*
Try the instaforex forum,i heard there's lot of success strategy posting over there.

Go go gog o rclxm9.gif rclxm9.gif rclxm9.gif
scar_face008
post Sep 1 2011, 06:18 PM

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when i 1st started, my 1st week of trading has been very successful. i still didn't know you can short. i haven't read babypips or any website. i only download client, try demo, and go live in 1 day.

2nd week on, everything goes downhill. wiped out in 1 month. then i topup. before i trade live again, i scour the internet for tips, strategy, robot. you name it. i even bought fapturbo (LOL!!!) and try a lot (literally) of robot. then i return to manual trading. 4H, 1H, M5, tried all TF, still fail.

after that i continue my search. dig more websites and strategies. i even try naked trading, support resistance technique, you name it. i've probably tried all the famous one. still fail.

after all those wasted money and time, i finally found where my mistake is. i was overtrading. there's nothing wrong with the strategy. every one of them are doing good. PEBKAC. after i sort out my patience and stay out of market when i m unsure of the direction, my life got better. my trading is still so-so. but life definitely is better.

my points is:-
1 - get a good strategy.
2 - patience. do not overtrade at all.
3 - use good money management.

sikit sikit lama lama jadi bukit. this is not quick rich scheme. use compounding magic if you plan to trade full time to build your capital. if you just want to make side income, then can withdraw every week. hehe. everyday even if you make enough profit smile.gif

p/s: sorry for the wall of text. just want to share my experience. hope someone can make good use of it.
wschoo26
post Sep 1 2011, 08:35 PM

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QUOTE(scar_face008 @ Sep 1 2011, 06:18 PM)
when i 1st started, my 1st week of trading has been very successful. i still didn't know you can short. i haven't read babypips or any website. i only download client, try demo, and go live in 1 day.

2nd week on, everything goes downhill. wiped out in 1 month. then i topup. before i trade live again, i scour the internet for tips, strategy, robot. you name it. i even bought fapturbo (LOL!!!) and try a lot (literally) of robot. then i return to manual trading. 4H, 1H, M5, tried all TF, still fail.

after that i continue my search. dig more websites and strategies. i even try naked trading, support resistance technique, you name it. i've probably tried all the famous one. still fail.

after all those wasted money and time, i finally found where my mistake is. i was overtrading. there's nothing wrong with the strategy. every one of them are doing good. PEBKAC. after i sort out my patience and stay out of market when i m unsure of the direction, my life got better. my trading is still so-so. but life definitely is better.

my points is:-
1 - get a good strategy.
2 - patience. do not overtrade at all.
3 - use good money management.

sikit sikit lama lama jadi bukit. this is not quick rich scheme. use compounding magic if you plan to trade full time to build your capital. if you just want to make side income, then can withdraw every week. hehe. everyday even if you make enough profit smile.gif

p/s: sorry for the wall of text. just want to share my experience. hope someone can make good use of it.
*
Yup..this is a sound & sincere advice for newbies...thanks for posting

poks
post Sep 1 2011, 09:55 PM

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just back from cuti2...
i sure missed a lot...
now gotta read a lot...

mr scar.... never tot you'll go that far blink.gif
i agree on the over trade thing... i monitor the 6 main pairs, 7 including gold (except jpy)... but will only make 2 trades at one time...
and i take only that suit my requirements..
and always WAIT for confirmation... (which i seldom do biggrin.gif )

This post has been edited by poks: Sep 1 2011, 11:03 PM
iamloco
post Sep 1 2011, 10:14 PM

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QUOTE(thomas @ Aug 29 2011, 04:58 PM)
1.) Not all the gap to be filled/closed
2.) Some gap is only to be filled/closed by 50% but not 100%.
3.) Bollinger Band can tell you why...


Added on August 29, 2011, 5:19 pm
GBP Bank Holiday Today~
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TP 4255 reached already cool2.gif cool2.gif cool2.gif
poks
post Sep 1 2011, 10:20 PM

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arrrggg.... closed my short on nzd too early....
should be 20pips richer... never mind... the night is still young...

monitoring monitoring....

this fxcm is feeding me different candle from sunbirdfx...

*** something fishy with chf movement..... nzd also looking good for short... looks like double top...

arrrggg... missed nzd again... !

This post has been edited by poks: Sep 1 2011, 11:24 PM


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milfy
post Sep 2 2011, 12:09 AM

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overtrading and greed...


Added on September 2, 2011, 12:19 am
QUOTE(scar_face008 @ Sep 1 2011, 07:18 PM)
when i 1st started, my 1st week of trading has been very successful. i still didn't know you can short. i haven't read babypips or any website. i only download client, try demo, and go live in 1 day.

2nd week on, everything goes downhill. wiped out in 1 month. then i topup. before i trade live again, i scour the internet for tips, strategy, robot. you name it. i even bought fapturbo (LOL!!!) and try a lot (literally) of robot. then i return to manual trading. 4H, 1H, M5, tried all TF, still fail.

after that i continue my search. dig more websites and strategies. i even try naked trading, support resistance technique, you name it. i've probably tried all the famous one. still fail.

after all those wasted money and time, i finally found where my mistake is. i was overtrading. there's nothing wrong with the strategy. every one of them are doing good. PEBKAC. after i sort out my patience and stay out of market when i m unsure of the direction, my life got better. my trading is still so-so. but life definitely is better.

my points is:-
1 - get a good strategy.
2 - patience. do not overtrade at all.
3 - use good money management.

sikit sikit lama lama jadi bukit. this is not quick rich scheme. use compounding magic if you plan to trade full time to build your capital. if you just want to make side income, then can withdraw every week. hehe. everyday even if you make enough profit smile.gif

p/s: sorry for the wall of text. just want to share my experience. hope someone can make good use of it.
*
Owe you a very very big thank you because learn a lot from you with this few quotes. Makes me start to reflect on my self about greed and money management.

my next target will be finding a good strategy!!

Once again a big thank you to scar_face008!! rclxms.gif rclxms.gif rclxms.gif

This post has been edited by milfy: Sep 2 2011, 12:19 AM
scar_face008
post Sep 2 2011, 06:34 AM

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no problem mates. we all make mistake. some pay with small price, some pay big. i'm lucky i just paid cheap price for it. my father's friend once lost RM20k brows.gif
poks
post Sep 2 2011, 07:38 AM

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TGIF

currently looking & waiting..

eur, gbp, gold biggrin.gif

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iamloco
post Sep 2 2011, 10:31 AM

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buying GBPUSD...expecting big movement tonight..


Added on September 2, 2011, 11:55 ambuy PO set at Support 2 and Support 3.

user posted image

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jun16
post Sep 2 2011, 01:28 PM

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good time to long for EURUSD?
poks
post Sep 2 2011, 04:00 PM

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hmmm... buying eur?
i went out the whole day & it missed my short... dammnn...

eur building up something....

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scar_face008
post Sep 2 2011, 05:40 PM

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user posted image
that's some scary chart you've got there.

user posted image
don't know why...but i'm looking for short opportunities again sad.gif my strategy react slowly towards change.
poks
post Sep 2 2011, 05:52 PM

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QUOTE(scar_face008 @ Sep 2 2011, 05:40 PM)
that's some scary chart you've got there.
that my friend is master candle... buy low...? it bounced off the line biggrin.gif
but didn't took it... went for cad... my fav double top tongue.gif
snap shot before closing trade... good 14pips...

eur short??? i go where the flow goes biggrin.gif

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scar_face008
post Sep 2 2011, 06:29 PM

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lol, was talking about that scary gbpusd chart. if it was me, definitely can't sleep at night with that floating trade sad.gif anyway, today is 1st friday of the month. be careful and good luck with your trades guys.
poks
post Sep 2 2011, 06:39 PM

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hahahahaha.... tot my chart...
NFP coming up soon...
stay out of the line if don't want to get burn... just enjoy the show...

***hmmmm... throwing trades around like that will sure burn live account super fast...
***this guys showing me; chf up... gbp down.... lets see smile.gif

This post has been edited by poks: Sep 2 2011, 06:49 PM
scar_face008
post Sep 2 2011, 07:02 PM

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when there's nothing to do, hang out in forum. hehehehe. good way to spend waiting time. btw, where is ppg poks? pinampang? hi hi..
Quinn
post Sep 2 2011, 07:15 PM

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NFP, staying out for this week smile.gif
milfy
post Sep 2 2011, 07:16 PM

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How do we determined a good trading plan?? there is so many of these in the net. And wat aspect should we re consider before execute?

Thanks in advance for all advices!!
poks
post Sep 2 2011, 07:30 PM

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QUOTE(scar_face008 @ Sep 2 2011, 07:02 PM)
when there's nothing to do, hang out in forum. hehehehe. good way to spend waiting time. btw, where is ppg poks? pinampang? hi hi..
*
thumbup.gif


Added on September 2, 2011, 7:34 pm
QUOTE(milfy @ Sep 2 2011, 07:16 PM)
How do we determined a good trading plan?? there is so many of these in the net. And wat aspect should we re consider before execute?

Thanks in advance for all advices!!
*
you just need to keep searching which 1 suit you...
example on chf... looking like good long...
NFP in 8.30++

This post has been edited by poks: Sep 2 2011, 08:06 PM


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scar_face008
post Sep 2 2011, 08:12 PM

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QUOTE(milfy @ Sep 2 2011, 07:16 PM)
How do we determined a good trading plan?? there is so many of these in the net. And wat aspect should we re consider before execute?

Thanks in advance for all advices!!
*
in my opinion, the 1st thing you need to do is determine what type of traders you are. scalper, swing trader, intradays trader. from there, you can work out your way to find trading plan with clear entry & exit point, and also sounds money management. i mean, if your trading plan is 100% success like.....who was it? thomas? then sure you can trade big lots. and be rich in no time.

-------------------

that wasn't as volatile as expected. jehehehe. GU didn't even moved 30 pips:o

This post has been edited by scar_face008: Sep 2 2011, 08:36 PM
poks
post Sep 3 2011, 01:42 AM

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i like this kind of news....
always making my gold mine happy... not bad for a change....
hmmm NFP = 0 .... where will this lead...
i like early morning... there's always good entry smile.gif)
wschoo26
post Sep 3 2011, 12:49 PM

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Ichimoku with MA , channel in action



Added on September 3, 2011, 2:43 pmMotivation , motivation..gambateh!!!


This post has been edited by wschoo26: Sep 3 2011, 02:43 PM
poks
post Sep 3 2011, 03:16 PM

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ichimoku is sure is interesting...
gonna graduate soon... hahahahha...
the cloud break out pullback is good though...
now learning bout the 3 lines... looking for more input.....

currently watching this guy... http://www.youtube.com/user/ChaosTrader63
learned a lot from him bout ichimoku...

This post has been edited by poks: Sep 3 2011, 04:43 PM
CBTautoparts
post Sep 3 2011, 08:32 PM

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Most indicators are not useful,they're delayed signal... I only use RSI, candlestick, some lines and trading experience, earn little bit lol... biggrin.gif
Quinn
post Sep 3 2011, 08:57 PM

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Sry but i need to say this..

Ichimoku is not an indicator. It is a 3-Dimensional trading system.
poks
post Sep 3 2011, 09:08 PM

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QUOTE(Quinn @ Sep 3 2011, 08:57 PM)
Sry but i need to say this..

Ichimoku is not an indicator. It is a 3-Dimensional trading system.
*
+1

my POV... ichimoku can be used as guide to hold position... entry from break..
i missed silver yesterday... been dancing above the cloud for few days i think... touched and shoot up... damnn..
speaking of dancing... is that a break on eur 1D????

no wonder you're questioning my previous short on gold tongue.gif


Added on September 3, 2011, 9:10 pm
QUOTE(CBTautoparts @ Sep 3 2011, 08:32 PM)
Most indicators are not useful,they're delayed signal... I only use RSI, candlestick, some lines and trading experience, earn little bit lol... biggrin.gif
*
p/s: RSI is lagging indicator .. same as others biggrin.gif


something i pick up ;
passed kijun: get ready
into cloud : set
break cloud : go
blink.gif

This post has been edited by poks: Sep 3 2011, 09:25 PM
qwertyuioped
post Sep 3 2011, 10:10 PM

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i use onle MA and stochastic...use on the right time can get profit abit...but still not perfect haih.....
scar_face008
post Sep 3 2011, 10:53 PM

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ppl who say indicator is useless make me sad sad.gif

indicator, as it name implies, is something to indicate certain characteristic of price. it's not something that you use to decide trade. it's something to help you see abstract value from your naked chart.

for example, if stoch rise above 80, it's trying to tell you that price might be overbought. but you don't simply short just because it reach 80 and started to turn around. you still wait till the price meet resistance before you consider opening a trade.

see? it's not a trade call/trigger. it simply tell you, price has now reached interesting level, you might want to pay attention to it. that's all it does.

also, indicator that has delayed signal are only lagging indicator. candlestick, horizontal line, trendline are all still an indicator. something to show you that price has reach the trade zone.

sorry again for another wall of text, but i simply can't handle ppl who blame tools just because they can't use it properly sad.gif

This post has been edited by scar_face008: Sep 3 2011, 10:54 PM
poks
post Sep 3 2011, 11:08 PM

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ha! very very true....
who ever to be blamed for bad trade is the trader & not indicators!

give a gun to a monkey & it may end up shooting itself ...
!

chengcheng
post Sep 4 2011, 09:48 PM

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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
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
*
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.
*
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

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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
*
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

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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??
poks
post Sep 6 2011, 04:25 PM

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gold: if today is red i'll say get ready to short...
my setting gonna be short tomorrow...
anyway thanks for pointing...
Hunz
post Sep 6 2011, 04:26 PM

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QUOTE(XP750 @ Sep 6 2011, 04:25 PM)
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??
*
Swiss National Bank sets minimum exchange rate at CHF 1.20 per eur
cmk96
post Sep 6 2011, 04:38 PM

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QUOTE(XP750 @ Sep 6 2011, 04:25 PM)
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??
*
That's y i don't care about news anymore... when market is bearish... always expects a lot of surprises from central bankers.
XP750
post Sep 6 2011, 04:40 PM

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Thanks, i thought gbpusd & eurusd was scary,
till i saw usdchf!!! 800pips in a second!!!!!
anybody caught the 800pips?? tongue.gif
Break^Free
post Sep 6 2011, 04:42 PM

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QUOTE(cmk96 @ Sep 6 2011, 04:38 PM)
That's y i don't care about news anymore... when market is bearish... always expects a lot of surprises from central bankers.
*
dude! lucky me! i put buy on CADCHF and EURCHF with no STOP LOSS!! and.. i went to work. come back~ i got 900+ pips on both @@


Added on September 6, 2011, 4:46 pm
QUOTE(XP750 @ Sep 6 2011, 04:40 PM)
Thanks, i thought gbpusd & eurusd was scary,
till i saw usdchf!!! 800pips in a second!!!!!
anybody caught the 800pips?? tongue.gif
*
i cought it! @@ 2 pair have spike, and i got both @@.. 900+ pips each @@

This post has been edited by Break^Free: Sep 6 2011, 04:46 PM
XP750
post Sep 6 2011, 04:46 PM

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QUOTE(Break^Free @ Sep 6 2011, 04:42 PM)
dude! lucky me! i put buy on CADCHF and EURCHF with no STOP LOSS!! and.. i went to work. come back~ i got 900+ pips on both @@
*
congrats man!!! once in a lifetime catch biggrin.gif
Break^Free
post Sep 6 2011, 04:48 PM

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QUOTE(XP750 @ Sep 6 2011, 04:46 PM)
congrats man!!! once in a lifetime catch biggrin.gif
*
it was scary actually.. @@.. i close my trade already..
SUSAllnGap
post Sep 6 2011, 04:53 PM

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Swiss National Bank, SNB said they will defend the 1.200 EU/CHF at all costs !
Quinn
post Sep 6 2011, 04:56 PM

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QUOTE(Break^Free @ Sep 6 2011, 04:48 PM)
it was scary actually.. @@.. i close my trade already..
*
If luck was not on your side, what would have happened to your account that has no stop loss?

This post has been edited by Quinn: Sep 6 2011, 04:56 PM
qwertyuioped
post Sep 6 2011, 05:00 PM

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i was long befor that spike...but too bad i close too early...if not can get >100 pips liao...FFFFFFFFFFUUUU
Quinn
post Sep 6 2011, 05:03 PM

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QUOTE(wschoo26 @ Sep 6 2011, 08:55 AM)
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
*
I think the answer to everything is about how much you understand your indicator & how you are managing your risk. We are not able to predict the future. But we can forecast the movement. End of the day, how much we are going to profit is how we manage our risk. If you know your indicator well, any indicator will also work. The weakness, it is often the trader itself.

I hereby attach an article by my ichimoku friend, Asher. The topic is, who is the worst enemy of a trader? Try take a pick before you read,...

1. Fear
2. Greed
3. Lack of understanding
4. Ego
5. Strong opinion
6. The indicator/method used by 95% by traders in market

http://www.ichi360.com/?p=3004


Break^Free
post Sep 6 2011, 05:14 PM

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QUOTE(Quinn @ Sep 6 2011, 04:56 PM)
If luck was not on your side, what would have happened to your account that has no stop loss?
*
Yup.. will blow everything @@
unknownhuman
post Sep 6 2011, 11:12 PM

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Hey guys, besides Oanda, what is a good recommended broker ? How do you place funds in that account ?
wschoo26
post Sep 7 2011, 12:19 AM

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QUOTE(Quinn @ Sep 6 2011, 05:03 PM)
I think the answer to everything is about how much you understand your indicator & how you are managing your risk. We are not able to predict the future. But we can forecast the movement. End of the day, how much we are going to profit is how we manage our risk. If you know your indicator well, any indicator will also work. The weakness, it is often the trader itself.

I hereby attach an article by my ichimoku friend, Asher. The topic is, who is the worst enemy of a trader? Try take a pick before you read,...

1. Fear
2. Greed
3. Lack of understanding
4. Ego
5. Strong opinion
6. The indicator/method used by 95% by traders in market

http://www.ichi360.com/?p=3004
*
Like +1
poks
post Sep 7 2011, 07:32 AM

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Spotted this 1 early morning...
nzd..
aud... interest rate to be announced this morning....
gold.... looking good.....


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Hunz
post Sep 7 2011, 08:30 AM

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gold looking good as in?
poks
post Sep 7 2011, 08:38 AM

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i was short since last night....
but seems like 1D chart not really closed that low.....
could be a fake....?
now it's going up... should be related to rate announcement around 9++am...


arrrr.... just missed my entry short on gbp...!

This post has been edited by poks: Sep 7 2011, 08:40 AM
Quinn
post Sep 7 2011, 09:32 AM

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QUOTE(poks @ Sep 7 2011, 08:38 AM)
i was short since last night....
but seems like 1D chart not really closed  that low.....
could be a fake....?
now it's going up... should be related to rate announcement around 9++am...
arrrr.... just missed my entry short on gbp...!
*
It would be nice if you could be more particular with the currency pairs. When you said gbp, does it mean gbpusd? gbpchf? gbpjpy? ... ?
poks
post Sep 7 2011, 09:59 AM

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hahahhaha...
gbp is always gbpusd
euro is always eurusd smile.gif

anyway... nzdusd looks good to short... bounced off previous break... need confirmation need confirmation

audusd currently watching this level biggrin.gif

This post has been edited by poks: Sep 7 2011, 11:08 AM


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Hunz
post Sep 7 2011, 12:09 PM

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QUOTE(poks @ Sep 7 2011, 08:38 AM)
i was short since last night....
but seems like 1D chart not really closed  that low.....
could be a fake....?
now it's going up... should be related to rate announcement around 9++am...
arrrr.... just missed my entry short on gbp...!
*
hmm.gif hard to tell yet, it will either go up or going for double top

it has been sideways since last night.
i'm still on double top side biggrin.gif

This post has been edited by Hunz: Sep 7 2011, 12:12 PM
poks
post Sep 7 2011, 12:17 PM

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just to share...
euro just enter previous support after breaking it...
1W support... currently long.....

ouch... gold dived down !

This post has been edited by poks: Sep 7 2011, 12:23 PM
Quinn
post Sep 7 2011, 02:26 PM

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QUOTE(Hunz @ Sep 7 2011, 12:09 PM)
hmm.gif  hard to tell yet, it will either go up or going for double top

it has been sideways since last night.
i'm still on double top side  biggrin.gif
*
Not just double top. It is also triple top.
cybermaster98
post Sep 7 2011, 02:29 PM

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QUOTE(poks @ Sep 7 2011, 12:17 PM)
just to share...
euro just enter previous support after breaking it...
1W support... currently long.....

ouch... gold dived down !
Gold is lower, but it will recover soon. Its trading at about RM 180 now.
poks
post Sep 7 2011, 02:44 PM

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QUOTE(cybermaster98 @ Sep 7 2011, 02:29 PM)
Gold is lower, but it will recover soon. Its trading at about RM 180 now.
*
biggrin.gif

i'll say it'll go down further more....


Added on September 7, 2011, 2:46 pm
QUOTE(Quinn @ Sep 7 2011, 02:26 PM)
Not just double top. It is also triple top.
*
where's the 3rd top? can't find...

This post has been edited by poks: Sep 7 2011, 02:46 PM
cliffang83
post Sep 7 2011, 03:30 PM

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Anyone know any platform can use ipad to trade? Especially by MT4?
Hunz
post Sep 7 2011, 03:32 PM

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QUOTE(Quinn @ Sep 7 2011, 02:26 PM)
Not just double top. It is also triple top.
*
mind to show me the triple top? nod.gif
Quinn
post Sep 7 2011, 04:20 PM

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QUOTE(Hunz @ Sep 7 2011, 03:32 PM)
mind to show me the triple top?  nod.gif
*
I can't post chart now but u can put a horizontal line and see the chart have 3 touch.
nails85
post Sep 7 2011, 04:24 PM

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try to use CCI(40) typical price on GOLD, silver and oil on H4 chart

every scorepoint and pullback is very clear when the uptrend or downtrend is broken....
Quinn
post Sep 7 2011, 06:27 PM

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QUOTE(Quinn @ Sep 7 2011, 04:20 PM)
I can't post chart now but u can put a horizontal line and see the chart have 3 touch.
*
As requested.

This post has been edited by Quinn: Sep 7 2011, 06:29 PM


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Quinn
post Sep 7 2011, 06:56 PM

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Some asked me why did gold reversed? Nobody really knows but there was some strong indication.

1. Let's draw some important S&R by using chikou. As in the image attached, S&R was drawn from daily & weekly chart.
2. What is S&R? Support and resistance is a potential reversal "area". I do not consider it as a point, but an area of potential reversal.
3. When price reaches an important S&R, what we do is wait for a clear direction of what the market wants to do. Then, we will ride the trend with the market. As a trend trader, i do not try to pick any tops or bottoms.
4. At a S&R, if it forms a reversal candle, then it will support that it is a strong reversal region. Thus, at XAUDaily image, it formed a double top with reversal candlestick pattern called engulfing.
5. As a trend trader, we wait for a clear direction by scaling into smaller time frame that support the direction of the reversal.
6. As seen in the M15 chart, entry upon kumo breakout was a good one with stop loss at recent high.
7. TP will be using trailing Senkou Span B.
8. Did you see what happens to price when it reached the next support at 1850.43?

Hope this analysis helps you to understand the power of multiple time frame analysis. Until price breaks SSB @ M15, it looks like it will going down for awhile despite hitting the H2 kumo.


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Hunz
post Sep 7 2011, 07:58 PM

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QUOTE(Quinn @ Sep 7 2011, 06:27 PM)
As requested.
*
ohh okay, i tot you're saying gold smile.gif
poks
post Sep 7 2011, 09:53 PM

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hahaha... tot gold also...
closed my gold short.... seems like movement hit a wall @4H ichimoku
gold dropping too fast blink.gif

This post has been edited by poks: Sep 7 2011, 10:25 PM
milfy
post Sep 8 2011, 02:04 PM

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hi guys, i would like to ask usually scalping method uses which time frame chart?

how many pip to allocate for stop loss?

thank you for advice in advance...

poks
post Sep 8 2011, 02:45 PM

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for me....
i just need to look at all time frame...
mostly i look at 1 & 4H...
4H to look where things going...
1H entry..
scalping? you can always get 10 pips easily at any TF...
qwertyuioped
post Sep 8 2011, 04:03 PM

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EU really slow right now....not sure wether to cut loss now or just leave it till it hit tp or sl...
poks
post Sep 8 2011, 05:59 PM

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euro seems like trading in range....
tonight is the rate announcement.....


Added on September 9, 2011, 9:49 amTGIF...

gold signaling me to buy if bar turn blue....
silver: possibility to go long...?

This post has been edited by poks: Sep 9 2011, 12:17 PM


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sapapa
post Sep 9 2011, 05:42 PM

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Eur/Usd is gonna have a rebound soon that will hit at least 38.2% retracement...
poks
post Sep 9 2011, 07:00 PM

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ahhh....
gold dived again... got thing moved my SL (always good idea to move your SL to profit)
.... now.... can't really see where things going...
typical friday ...


Added on September 9, 2011, 8:09 pm
QUOTE(sapapa @ Sep 9 2011, 05:42 PM)
Eur/Usd is gonna have a rebound soon that will hit at least 38.2% retracement...
*
i'm looking @ 23%.... previous support..
38% will be nice... 4H double top..

This post has been edited by poks: Sep 9 2011, 08:58 PM
tifosi
post Sep 9 2011, 09:11 PM

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I got caught in between. Could not run in time so hope for a nice rebound.
sapapa
post Sep 9 2011, 09:17 PM

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Edit.

This post has been edited by sapapa: Sep 9 2011, 09:17 PM

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