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 Forex Version XI, Foreign Exchange Market Discussion

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trinityz
post Aug 15 2013, 12:50 PM

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QUOTE(zDarkForceSz @ Aug 15 2013, 12:48 PM)
babypips provides more than enough information to benefits you in trading.

broker wise, different people prefer different broker depends on yourself.
Some member here using FxPrimus, I using FxPro UK.
Don't ever choose broker that are not regulated.
And remember, NO BROKER can lock your margin (Meaning you can withdraw 100% of your margin).
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what about FXopen? is it good compared to FxPrimus?
zDarkForceSz
post Aug 15 2013, 12:59 PM

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QUOTE(trinityz @ Aug 15 2013, 12:50 PM)
what about FXopen? is it good compared to FxPrimus?
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Both I also never use before, can give any comment.
If VS. I think FxPrimus is better.

http://www.100forexbrokers.com/fx/comparison_results.php
qwertyuioped
post Aug 15 2013, 01:01 PM

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QUOTE(trinityz @ Aug 15 2013, 01:50 PM)
what about FXopen? is it good compared to FxPrimus?
*
few years back Fxopen gt alot of complaints from people. I think better use Fxprimus. And usually good broker never really advertise their service aggresively. So, if you often see suggested brokers from google ads, most likely that broker gt alot of complaints. just my 2 cents.
zDarkForceSz
post Aug 15 2013, 01:03 PM

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QUOTE(qwertyuioped @ Aug 15 2013, 01:01 PM)
few years back Fxopen gt alot of complaints from people. I think better use Fxprimus. And usually good broker never really advertise their service aggresively. So, if you often see suggested brokers from google ads, most likely that broker gt alot of complaints. just my 2 cents.
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and FxOpen not segregated fund*.
MonsterPips
post Aug 15 2013, 01:13 PM

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I have been using fxopen since 2009. So far ok. The problem is me not making profit.

Not promoting fxopen btw. Fxopen for training with micro account. They have local deposit which is fast. will use alpari uk for my standard account.
orenzai
post Aug 15 2013, 02:44 PM

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haha there's so many things to read about. I dont even know where to start! just going through the babypips school and I might read a book called a dummy's guide to forex trading.
zDarkForceSz
post Aug 15 2013, 04:09 PM

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QUOTE(orenzai @ Aug 15 2013, 02:44 PM)
haha there's so many things to read about. I dont even know where to start! just going through the babypips school and I might read a book called a dummy's guide to forex trading.
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No.1 babypips school got alot things to learn, even now I will also read back.
No.2 read and trading is different.
No.3 get a demo account try what you have learn from babypips school.
No.4 emotion is the 1st killer in trading, not market.
No.5 trade with demo account. treat it as real money. learn control emotion.

80% of trader fail 1st level where can't even control emotion, fear of seeing red in the account.
qwertyuioped
post Aug 15 2013, 08:40 PM

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dayyyyyuuuummm. xauusd just went apeshit just now. should have target my tp more man..... going down until 0% fibo lvl. manage to catch until 50% fibo. 300+ pips sounds reasonable. manage to cover back my loss previously. Anyone know how to detect this kind of movement?
garmin888
post Aug 15 2013, 08:43 PM

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damn what just happened is insane...how to recover??? o.o
qwertyuioped
post Aug 15 2013, 08:45 PM

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QUOTE(garmin888 @ Aug 15 2013, 09:43 PM)
damn what just happened is insane...how to recover??? o.o
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manage to catch it?
sebastian.twz
post Aug 15 2013, 08:45 PM

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QUOTE(qwertyuioped @ Aug 15 2013, 08:40 PM)
dayyyyyuuuummm. xauusd just went apeshit just now. should have target my tp more man..... going down until 0% fibo lvl. manage to catch until 50% fibo. 300+ pips sounds reasonable. manage to cover back my loss previously. Anyone know how to detect this kind of movement?
*
They speculating on Septaper, US news if print in the green = more confidence in septaper > USD Bulls gets a rocket pack > Gold falls into a deep hole

market sentiments also alot of shorts in the EU > Septaper speculation


sebastian.twz
post Aug 15 2013, 08:47 PM

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Also another note, even if all US news prints out very good, there is no 100% guarantee the Feds will taper in September, please trade with caution
qwertyuioped
post Aug 15 2013, 08:48 PM

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QUOTE(sebastian.twz @ Aug 15 2013, 09:45 PM)
They speculating on Septaper, US news if print in the green = more confidence in septaper > USD Bulls gets a rocket pack > Gold falls into a deep hole

market sentiments also alot of shorts in the EU > Septaper speculation
*
hmm.. I think i should learn how read news.... seems interesting tongue.gif biggrin.gif
sebastian.twz
post Aug 15 2013, 08:50 PM

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QUOTE(qwertyuioped @ Aug 15 2013, 08:48 PM)
hmm.. I think i should learn how read news.... seems interesting  tongue.gif  biggrin.gif
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please do, especially those on the central banks

ProperTYcoon
post Aug 16 2013, 10:06 AM

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Did anyone predicted a collapse on USD last night?
zDarkForceSz
post Aug 16 2013, 11:30 AM

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QUOTE(ProperTYcoon @ Aug 16 2013, 10:06 AM)
Did anyone predicted a collapse on USD last night?
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grabbed some pips smile.gif
Jeck10
post Aug 16 2013, 02:50 PM

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Keep making losses..my mind is so confuse with all the informations that I studied...=S
sebastian.twz
post Aug 16 2013, 03:57 PM

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kakaka, starting to doubt yourself already... mixed data from US is really screwing with us cry.gif

The rally in EU touched my trailing stop... sigh...
KhairiX
post Aug 16 2013, 04:17 PM

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QUOTE(ProperTYcoon @ Aug 16 2013, 10:06 AM)
Did anyone predicted a collapse on USD last night?
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I stay at side because the market movement to scare...
Congrats to the trader who opening sell order..
rclxms.gif
MonsterPips
post Aug 16 2013, 04:41 PM

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Trading with news is very difficult. Its call fundamental analysis. Need to understand the whole picture. Cant trade using single news only. Most fundamental traders play long term. The reward in term of pips is huge.

I guess better to start using technical analysis. Short term play.
slowly will understand fundamentals.

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