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Forex Version XI, Foreign Exchange Market Discussion
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SUSproject68
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Jan 29 2013, 11:02 AM
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Getting Started

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QUOTE(flipflap @ Jan 29 2013, 10:17 AM) haha.. I know how that feels, yen is equally screwed... I placed an order to go long on yen on the 9 Nov but messed up the trade by changing my stop, i still haven't found a good entry.. and well.. i guess I'm still kicking myself since then.. rules are rules.. such is the life of a trader i guess.. lol.. as for EU, price is very bullish at the moment, even the COT sentiment is changing, I'll need a technical set up to go long.. none for me yet.. sigh.. haha,i still need alot to learn...btw i just change my new strategy,trying at demo account atm... i've tried trade swing lately,i can't hold order too long(so stress just by looking at chart),right now my motto is set and forget scalp trade... sl 15 pips tp 10 pips... hope this will be my only and last strategy
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poks
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Jan 29 2013, 12:25 PM
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QUOTE(kingkong999 @ Jan 29 2013, 11:31 AM) Well, the forecast is too general without technical support. it will help if the forecast is with technical support.
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poks
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Jan 29 2013, 12:26 PM
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QUOTE(FLampard @ Jan 29 2013, 03:55 AM) guys...any mql4 expert here? also any threads i can read for forex beginners? i think most of us here doesn't know much programming.. *have a look at audjpy, eurjpy.. movement building up.....? This post has been edited by poks: Jan 29 2013, 12:45 PM
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poks
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Jan 29 2013, 05:52 PM
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Well. It's moving.
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poks
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Jan 29 2013, 06:58 PM
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Correction? Never have an idea bout that. Boyvai, you Looking at gbpjpy too long. It gave the signal for the next move by other jpy pairs. Hopefully you guys trade that. Tayor.
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boyvai
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Jan 29 2013, 07:29 PM
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QUOTE(poks @ Jan 29 2013, 06:58 PM) Correction? Never have an idea bout that. Boyvai, you Looking at gbpjpy too long. It gave the signal for the next move by other jpy pairs. Hopefully you guys trade that. Tayor. yes indeed Poks.wah,glad u also spotted that but for gbpjpy still got possibilities will retrace then bull.EW perspective abc,or maybe wxy.
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poks
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Jan 30 2013, 05:46 AM
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QUOTE(boyvai @ Jan 29 2013, 07:29 PM) yes indeed Poks.wah,glad u also spotted that but for gbpjpy still got possibilities will retrace then bull.EW perspective abc,or maybe wxy.  Wonderful. All in all, it was a good scalp Need to start analyzing jpy pairs soon. Lol
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boyvai
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Jan 30 2013, 07:35 AM
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rising wedge on gbpjpy tf 1hour.looking to enter short at 139.2xx or bull 144.2xx. tayor
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flipflap
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Jan 30 2013, 09:06 AM
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New Member
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Is everyone a scalper here? What timeframes do you guys normally trade? sounds like hourly or smaller?
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flipflap
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Jan 30 2013, 09:07 AM
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New Member
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QUOTE(project68 @ Jan 29 2013, 12:02 PM) haha,i still need alot to learn...btw i just change my new strategy,trying at demo account atm... i've tried trade swing lately,i can't hold order too long(so stress just by looking at chart),right now my motto is set and forget scalp trade... sl 15 pips tp 10 pips... hope this will be my only and last strategy  sounds contradicting tho? trying to swing but tp 10 pips? i have a feeling this is not your last strategy.. lol..
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SUSproject68
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Jan 30 2013, 10:12 AM
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Getting Started

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QUOTE(flipflap @ Jan 30 2013, 09:07 AM) sounds contradicting tho? trying to swing but tp 10 pips? i have a feeling this is not your last strategy.. lol..  lols,tp 10 pips is for scalping mah last time i swing with 30-50 pips,got one time hit 90 pips something like that,but the pressure is too much for me,coz u know when you're in profit thinking that the price might go down and in the end you only end up with breakeven or maybe 5-10pips profit
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SUSproject68
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Jan 30 2013, 11:18 AM
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Getting Started

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ps; so far my scalping still doing great,yesterday 4 order in profit =40 pips profit,will see average result in 1 month before trade on live account
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flipflap
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Jan 30 2013, 12:48 PM
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New Member
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QUOTE(project68 @ Jan 30 2013, 12:18 PM) ps; so far my scalping still doing great,yesterday 4 order in profit =40 pips profit,will see average result in 1 month before trade on live account oh sorry, I wasn't trying to ditch you.. just wasn't sure how to scalp with tp 10pips. but I see what you're doing now.. make sure to use brokers with small spreads.. 1pip spread is already 10% cost of a 10pip target well done on the 4 trades
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SUSproject68
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Jan 30 2013, 12:54 PM
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Getting Started

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QUOTE(flipflap @ Jan 30 2013, 12:48 PM) oh sorry, I wasn't trying to ditch you.. just wasn't sure how to scalp with tp 10pips. but I see what you're doing now.. make sure to use brokers with small spreads.. 1pip spread is already 10% cost of a 10pip target well done on the 4 trades  my current broker spread is 1-2,right now thinking of changing to new broker with lower spread
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Shah.Legno
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Jan 30 2013, 01:36 PM
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Getting Started

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QUOTE(project68 @ Jan 30 2013, 12:54 PM) my current broker spread is 1-2,right now thinking of changing to new broker with lower spread  What broker you using now for scalping? and what currency pair you trade for scalping usually?
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SUSproject68
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Jan 30 2013, 01:38 PM
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Getting Started

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QUOTE(Shah.Legno @ Jan 30 2013, 01:36 PM) What broker you using now for scalping? and what currency pair you trade for scalping usually? using exness,but sometime the execution time is slow,got people say hotforex good for scalping,i duno leh,need to research more owh i trade eurusd
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Shah.Legno
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Jan 30 2013, 02:15 PM
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Getting Started

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QUOTE(project68 @ Jan 30 2013, 01:38 PM) using exness,but sometime the execution time is slow,got people say hotforex good for scalping,i duno leh,need to research more owh i trade eurusd  Owh..Exness...the spread i see at their website looks great, very small spread... Any Exness Malaysian IB u can suggest for me? any Exness IB link? I think i want to try this exness broker...
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