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 Forex Version XI, Foreign Exchange Market Discussion

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boyvai
post Dec 20 2012, 03:19 PM

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QUOTE(smellz @ Dec 19 2012, 04:15 PM)
ok i have FXOPEN account now. how do i add money inside? newbie here. which is the best way to add money to my account? seems very complicating i read the help also no idea. help fellow lyn mates
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credit card.debit card.wire transfer.
boyvai
post Dec 21 2012, 03:56 PM

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euro/usd Christmas rally.will history repeat again?
Attached Image
credit to GregaHorvatfx
boyvai
post Dec 22 2012, 03:39 AM

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QUOTE(smellz @ Dec 22 2012, 03:29 AM)
Ah I really need some one to teach me. Anyone free to meet up? Lol
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here.do e mail them,call them for more detail.chose what method to deposit.explore,explore.
Fxopen helpdesk?
wah,i become ib lol.

happy weekend fellow traders wink.gif

This post has been edited by boyvai: Dec 22 2012, 03:39 AM
boyvai
post Dec 31 2012, 09:58 PM

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nice chart shah.
this week holiday.consolidate movement.
boyvai
post Jan 7 2013, 03:19 PM

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QUOTE(blitzsoff @ Jan 7 2013, 01:21 AM)
Hi fellow traders,i'm new here.just started learning about forex for few weeks.i have problems when it comes to set moving average, bollinger bands and other indicators that require me to put 'apply to' whether high,low,close,open,typical price and other few options.
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set it at your own preference.try this link.got every detail on each indi and 1000 strategy;good luck biggrin.gif
Forex Strategy
Forex indicator
boyvai
post Jan 8 2013, 10:13 PM

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QUOTE(blitzsoff @ Jan 8 2013, 09:57 PM)
thx.that really helps a lot. smile.gif .btw,may i know whether we're allowed to post about strategies and techniques here?
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you are welcome to share your technique,strategies, no problem. biggrin.gif
boyvai
post Jan 13 2013, 07:41 PM

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I use lagging indi to.no problem lol
So many pro come suddenly critic peoples system without any word that can support their critic.


boyvai
post Jan 13 2013, 10:14 PM

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QUOTE(transhumanist92 @ Jan 13 2013, 07:54 PM)
not criticizing bro, i'm a newb also, indicators work well while the market is trending but they start to fail in ranging market, i'm looking looking for techniques/strategies to be used in ranging market, do you have any idea?
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Im also newbie.still learning.never ending lesson.yes,i do agree with your previous comment.u are right,but from my perspective,if something doesnt work well for u,it doesnt mean its not work for other people too.my apologize to u.
Almost indi must have completed time,space,to generate complete usefull future prediction.divergence,harmonic,pattern,snr,ema,mva,macd,etc2.
Ranging market,for me,im a full swing trader and i use elliott wave,neo wave and basics indi.i calculate,analysis use elliot,neo wave,a bit hard to explain for ranging market.easy,ranging elliott wave term is corrective wave.maybe im wrong too.
Again,my apologize.

boyvai
post Jan 14 2013, 02:14 PM

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QUOTE(transhumanist92 @ Jan 14 2013, 12:34 AM)
what's a neo wave? are you successful trading with elliott wave so far? i found it too subjective to be useful and the modern day elliott wave theory had so much tweakings from his students/researchers including elliott himself during the latter years that deviate too much from his original works(stuffs like double zig zags,compounded counts, alternative counts etc which is ridiculous IMO). I'm still learning about harmonic trading patterns with fibonacci, sounds promising so far although it does create a bit of rigidity, i'm still seeking for techniques that are not indicator based to aid me in trading with naked chart in order to see the bigger picture in which simple price action does not provide
very true, but it does lie thumbup.gif
nah i'm not saying it doesn't work, indicators are late/lagging , it does work but if you learn basic price action it allows you for earlier entries making indicators redundant/useless and do nothing but clutter your chart. Too much indicator based analysis neglect the 'feel of the market trend aspect' of which the lagging indicators were invented for and too much relying on the crutch doesn't help you grow as a trader. Btw i don't want to argue/debate here , let just agree to disagree tongue.gif
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hi
u sure u newbie?
Neo Wave is advanced theory from Elliott Wave,from Glenn Neely. Neo wave very hard to learn,to apply at real moving chart.for me at least.yes,u are right.nowdays many tweaking has been made from the basic of elliott wave,ziz zag,EW indi,but they still apply the basic of EW.some just go for the very basic of EW,some will go to real advanced EW,time,space,etc2.
give 1 chart to 5 different Elliottician,u will get 5 different counts.
EW alone is not enough,this is why the basic indi needed.divergence,fibonacci,etc2.

if u study EW,u will find how important fibonacci.without fibo,EW less usefull.also,harmonic pattern too can be apply at the EW count. EW is not just 12345,abc count,there is more complicated count,time,space,fibo related,divergence,volume,etc2.
u want naked chart,goes for EW+price action.im very weak at price action system,Poks very good at price action.
EW is not just for chart.EW is human emotion.same like fibonacci, some rocket science lol.
im i successfull trader?very subjective.i study EW almost 3 years now,it is very suitable for me.

boyvai
post Jan 14 2013, 06:18 PM

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QUOTE(transhumanist92 @ Jan 14 2013, 05:49 PM)
yes that's my point, it is too vague to be useful and the elliot wave forecasts are prone to subjective revision and only give the whole technical analysis a bad rep IMO. I however stay true to unadulterated version of elliot wave theory, found in Elliot 1st published finding as in the compiled working papers of "The major works of R.N Elliot" but it is in no way to be predictive in nature. To each his own.

yes i am a total noob still using demo account, and i am well aware that playing poker game online is way different than a real trading, but decided to grasp the basics of technical analysis first before dumping real money in
do u know where i can get live renko and range bar for metatrader4? because the one i found can only be used in offline chart.
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good point.
actually,for Elliottician,no need perfect count.
just know where is impulsive,where is corrective wave,where is the trend goes,just enough.follow the basic of EW.but Avoid FANTASY count biggrin.gif

**poks,gold i dont know,daily chart very very long term down,lol.euro/usd im waiting for retracment to buy.



boyvai
post Jan 14 2013, 11:07 PM

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euro,gj,ej,all correction wave..
usd/jpy look good to short?long term? hmm.gif

This post has been edited by boyvai: Jan 14 2013, 11:08 PM
boyvai
post Jan 15 2013, 05:58 PM

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QUOTE(poks @ Jan 14 2013, 07:03 AM)
Lol .
I find it funny when people start to talk about indicators.
I say, if it works just use it.
There's no confirmed win in every trade in this business.

Boyvai. How's trading? Looking at shorts on xxxusd.
Audusd, nzdusd, xauusd in particular.
Tayor...
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i did catch few pips from gj drop.now looking to enter short?what is your opinion on this pair?euro/usd tf1/4 correction wave.
boyvai
post Jan 15 2013, 08:09 PM

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QUOTE(poks @ Jan 15 2013, 07:56 PM)
btw looking at 1D for gbpjpy sure show strong short interest.
will put this on my list. tq bro
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but for me gbpjpy short term will up.i will wait if break 140.856 to short.gold i skip,to messy lol.eurousd complicated correction wave, probably abcde tf1 hour.i skip this pair.
usd/jpy not bad rclxms.gif
tayor

boyvai
post Jan 16 2013, 04:43 PM

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gbpjpy after retracement last nite,now keep falling.but atm my count show the end of wave 4 or probably end of wave a and in progress to start to make wave b?interesting~
boyvai
post Jan 17 2013, 08:07 PM

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gbp/jpy nice bullish.wave b in progress?
boyvai
post Jan 18 2013, 07:19 AM

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QUOTE(boyvai @ Jan 17 2013, 08:07 PM)
gbp/jpy nice bullish.wave b in progress?
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wake up this morning with full of smile lol. rclxms.gif
gbpjpy wave b completed?resistance area atm.double top tfh4 or daily chart?
eurojpy daily chart break the resistance already.but look at the highest top at aprill 2011.

boyvai
post Jan 22 2013, 05:34 PM

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QUOTE(boyvai @ Jan 18 2013, 07:19 AM)
wake up this morning with full of smile lol. rclxms.gif
gbpjpy wave b completed?resistance area atm.double top tfh4 or daily chart?
eurojpy daily chart break the resistance already.but look at the highest top at aprill 2011.
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elliott wave count on gbpjpy.
wave b probably completed as we can see nice rally down.waiting to complete the C wave and wave 4.maybe 38.2% or 50% fibo?typical correction wave a,b,c.but,if gbpjpy continue further down,harmonic Pattern* on weekly chart is valid.
tayor.

Attached Image

Yen should be interesting this month.

This post has been edited by boyvai: Jan 23 2013, 02:34 AM
boyvai
post Jan 24 2013, 04:12 PM

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QUOTE(poks @ Jan 24 2013, 02:12 PM)
ahhh.... news...

boyvai, 140 was good long on gbpjpy earlier...
too bad missed that level this morning..
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yes going up this morning.almost 250 pips from previous low.but i fail to noticed and dint enter anything.
wave c finish already or still on the structure of wave c.
usually wave c 100%,161.8% or lower from wave a.now already break 100% of wave a.looking to enter long on 161.8% of wave a.
maybe zizgzag.

eurousd still on correction wave. probably a,b,c,d,e.
gold i pening lol
tayor

poks,how do u know 1d gbpjpy will retrace this morning.im curious.i did check daily chart when u posting this morning.candlestick doji,resistence lvl at previous low 9/1/13?i still failed on candlestick pattern,price action lol

boyvai
post Jan 25 2013, 04:59 AM

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QUOTE(poks @ Jan 24 2013, 07:12 PM)
boyvai ..
look at 4H. bounce off support.
1D indecision bar. best bet is reversal. where to enter? can't help you there biggrin.gif
draw some diamond for fun..
looking at nzdusd.. 4H  to retest 0.84391.
break that level, putting some short..
tayor..

mr flipflap, decent = good
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wah,already miss very good opportunity lol.
ty poks for pointing that out.
2 entry,1st 300 pips,second 250 pips cry.gif
fibo retracement show almost hit 61.8% for entry as fibo expansion confirm the trending.well,move on next week... cry.gif
Attached Image
Attached Image

This post has been edited by boyvai: Jan 25 2013, 05:09 AM
boyvai
post Jan 28 2013, 01:40 PM

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gbpjpy divergence tf4.
double top?maybe still in correction wave.beginning wace c structure?or wave 1 structure now,impulsive.or truncuated wave 5 at 144.xxx high?



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