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 Forex | Version 9, Foreign Exchange Market Discussion

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boyvai
post Dec 16 2011, 02:08 AM

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any EW elites here can correct my EW?
still learning. smile.gif
boyvai
post Dec 16 2011, 01:12 PM

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QUOTE(poks @ Dec 16 2011, 11:51 AM)
seems like it.. looks like your audusd is makeing U-turn..
1D shows indecision bar @61% fib .... could be a uptrend continuation  biggrin.gif


Added on December 16, 2011, 11:54 am

sweat.gif
complicated...
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hi
fxcm user rclxms.gif
audusd may perform double top at 1d chart.but now it seems aud overbought.if long term should be ok.nice profit at 1.11pm notworthy.gif


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boyvai
post Dec 16 2011, 01:46 PM

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QUOTE(mr.rime @ Dec 16 2011, 01:44 PM)
yes..double top..good luck..wont b trading much today,outdoor work today...
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friday,time for relax biggrin.gif
next week battle again flex.gif
boyvai
post Dec 20 2011, 07:17 PM

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GU possibilities reach 1.576?
boyvai
post Dec 21 2011, 06:28 PM

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QUOTE(teamloks @ Dec 21 2011, 05:52 PM)
anyone here using naked trading?
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price action trading?


Added on December 21, 2011, 6:31 pm
QUOTE(boyvai @ Dec 20 2011, 07:17 PM)
GU possibilities reach 1.576?
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target reach rclxms.gif

This post has been edited by boyvai: Dec 21 2011, 06:31 PM
boyvai
post Dec 21 2011, 06:44 PM

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QUOTE(babienn @ Dec 21 2011, 05:08 PM)
I'm using MetaTrader, do you know what is the use of "trailing lose"? Do I have to set my SL and TP after I set the trailing lose?
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this maybe can help u

trailing stop<<<<


Added on December 21, 2011, 6:48 pm
QUOTE(dillmac @ Dec 21 2011, 06:40 PM)
I'm practising trades by focusing on candlesticks and correlation pairs.
Congrats =D
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candlestick pattern is good.sometimes i look candlestick pattern at support/resistance/fibo area.



This post has been edited by boyvai: Dec 21 2011, 06:48 PM
boyvai
post Dec 22 2011, 02:37 PM

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QUOTE(poks @ Dec 22 2011, 03:12 AM)
gold? i do small small lot only  biggrin.gif
this holiday season i usually scalp.. not much movement..
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pro trader trade gold.i wish im a very excelent trader to trade gold.not much experienced.i cant find swing or scalper to trade gold that suitable for me.
boyvai
post Dec 22 2011, 02:44 PM

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i still remember till now how hard to learn this forex.there is 1000 strategy,signal service,EA.
forex mostly mind challenge.can be crazy to,no joke.


Added on December 22, 2011, 2:46 pm
QUOTE(poks @ Dec 22 2011, 02:40 PM)
it's only hard for the first few years ...  biggrin.gif


Added on December 22, 2011, 2:41 pm

everyone can trade only if you have the right strategy and timing  thumbup.gif
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indeed,even world most successful traders still learning.sifu,may i know what strategy u use? icon_question.gif

This post has been edited by boyvai: Dec 22 2011, 02:46 PM
boyvai
post Dec 22 2011, 03:03 PM

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QUOTE(poks @ Dec 22 2011, 02:58 PM)
strategy???
i don't have that much ...
look at 1D chart .... look at other pairs' movement ... draw few lines... determine entry ...
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thank you.
i just read news
spike<<<
im not trade based on news.just sharing biggrin.gif

thank you sifu poks.it seems u do understand the pairs movement very well.
boyvai
post Dec 22 2011, 04:39 PM

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QUOTE(kevler @ Dec 22 2011, 03:45 PM)
I saw your past posting on EW wave count,

I think you can watch this webinar

These guys are totally awesome in explaining on EW rules ...and also some rules which i never learnt before ...for me this is good webinar

even myself amazed on how they do analysis on live chart yesterday
http://www.ew-forecast.com/newsletter/#recorded_webinar
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thank you very much sir.really help me a lot.
EW is very good for me.i already learn EW almost 1 year.very hard.keep digging EW principal it will amazed u.80 years till now this EW people still rely on this principal to predict market movement.



boyvai
post Dec 22 2011, 06:01 PM

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boyvai
post Dec 22 2011, 08:24 PM

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my calclation on h4.
give 5 person to calclate EW,u can get 5 different calculation biggrin.gif


Attached Image

This post has been edited by boyvai: Dec 22 2011, 08:44 PM
boyvai
post Dec 29 2011, 02:30 PM

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good luck to all LYN traders.
boyvai
post Jan 2 2012, 03:34 PM

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high spread.better sit and look.
boyvai
post Jan 2 2012, 04:46 PM

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QUOTE(tweikiang @ Jan 2 2012, 04:16 PM)
dear LYN traders, i have a stupid question to ask, trading forex online in malaysia consider legal?
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my humble answer is yes and no.
BNM LAW

if u trade yourself legal.
BNM start to protected malaysian since there is many scam in forex.
this happened because many people think forex is quick money scheme.give money to investor,investor will promised a nice return %.last year i read at news paper there is 1 company has been seized because do this thing.8 million RM.

second thing is forex broker. started trading yourself,you lost money,nothing happened.but,the trouble start when u gain consistent profit.broker hate u.freeze your account,cant withdraw,delete your profit,change spread during your already enter trade,etc.people complain at BNM.

my advice is learn to trade yourself.yes,u can make a lot of money,and yes u also can lost a lot of money.
there is thousand strategy to trade.learn from experienced.

just my humble opinion.no offense.



boyvai
post Jan 3 2012, 01:32 AM

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QUOTE(tweikiang @ Jan 2 2012, 11:57 PM)
Ic, means a group trade account which i ask some agent to trade for me and my friends is illegal?

Any manual trade strategy discussion forum or blog or else to intro?
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well,i can answers your second question only.

go to this website to learn

Babypips
ForexFactory

learn the basics from school area at babypips.
install Metatrader 4 or any trading station.then try explore the metatrader 4.
try on demo account.feel free to try any strategy,it take times.slowly,understand how indicators works.

there is no perfect strategy.

just my opinion.

This post has been edited by boyvai: Jan 3 2012, 01:37 AM
boyvai
post Jan 4 2012, 10:07 PM

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QUOTE(alowie @ Jan 4 2012, 09:43 PM)
then after taking a lot of training there, try to step further, do real trading with micro lot account or cent acc, because I doubt u'll get much insight on trading psychology and mindset if you just use demo acc.  smile.gif
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very well said.totally agree with u.
boyvai
post Jan 7 2012, 06:34 PM

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QUOTE(lkcheng @ Jan 7 2012, 12:06 PM)
Anyone here use OANDA? I was thinking to do carry trade with currency pair AUD/JPY to gain interest. Anyone know how many percentage of the rollover interest for AUD/JPY in OANDA?

Few years back, I used to trade Forex daily with FX Solutions but lost RM1,500 and then I quit. Now I was thinking to use the carry trade strategy. FX Solutions is giving 3% rollover interest for buying AUD/JPY.
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carry trade strategy need good capital and good leverage.to balance floating.maybe u can register to OANDA and e mail them your question.some broker refer to central bank rollover.i dont know.better e mail them?




This post has been edited by boyvai: Jan 7 2012, 09:15 PM
boyvai
post Jan 7 2012, 09:26 PM

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market technical analysis on GBP/JPY

weekly chart shown price exhausted?

elliot wave on time frame 4 hour
maybe good reversal?confirm turning point?




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boyvai
post Jan 11 2012, 03:25 PM

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QUOTE(NewGUY @ Jan 11 2012, 03:08 PM)
Guys, need help...

I understand the trend but still not working wats missing?
Currently using demo to try, anyone can help?
Time frame?
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if u really want to serious in fx trading maybe i can help u a bit and also all traders here.
for my personal indicator to trade.a must is
elliott wave
fibonacci
divergence
pivot
candlestick
pattern


Added on January 11, 2012, 3:27 pm
QUOTE(lkcheng @ Jan 9 2012, 01:39 PM)
Thanks for the help.

Anyway, EUR has really dropped too much. EUR/JPY has broken the record of 10 year lowest. EUR/USD seems to dropped till the bottom. On the other hand, JPY also strengthen too much. I checked that CHF/JPY almost reaches the ten year lowest. In the coming weeks if CHF/JPY continues to drop, I would probably long CHF/JPY and wait for it to bounce back. It seems to me that CHF/JPY (long CHF) is good for holding for long term (3 to 6 months) with a stop loss of 1,000 pips.
*
nice
very heavy swing trader rclxms.gif

This post has been edited by boyvai: Jan 11 2012, 03:27 PM

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