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 Forex Version XI, Foreign Exchange Market Discussion

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poks
post Mar 20 2013, 10:07 AM

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ahhh ... got important news?
thanks... now all i need to do is wait biggrin.gif

well there are many ways to trade double doji/indecision bar..
i usually view them as continuation of move..
but still, it depends.
btw, gbpusd is long term down trend... might want to be careful./

Quinn
post Mar 20 2013, 02:51 PM

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Hey, i'm watching audnzd for shorting opportunity.

Also, there is a free online webinar on ichimoku by manesh if anyone is interested.

https://www1.gotomeeting.com/register/254200792
poks
post Mar 20 2013, 03:45 PM

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Hey Quinn... how's trading?....

on nzdusd ... i'll stay aside since the ranging movement just don't give me much confidence (even though i'll opt to go long) ..
on 4H though, it's a long for me... it hit support @master candle low.. up? i'll wait for gbpusd biggrin.gif


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poks
post Mar 20 2013, 05:48 PM

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QUOTE(PuckingFussy @ Mar 20 2013, 05:09 PM)
hey mate, I played on forex.com and usdyen is quite active
*
Ohh... Okay!?
Btw, it's europe open. It should be.

Those who follow my entry do put sl to BE if anyone did trade.
Not a feel good trade.
thomasfx86
post Mar 20 2013, 11:49 PM

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Hello i am new here... Hows trading guys
joseph8
post Mar 21 2013, 09:26 AM

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QUOTE(PuckingFussy @ Mar 21 2013, 09:20 AM)
i'm quite new here, may i know what's SL to BE?

all i did was, i bought USD NZ 2m units and gain around 7k this morning.

my fav is Yen, when Yen goes up, I'll strike in with USD+EU+SGD against Yen
*
what Poks meant was to put in a break even (BE) stop loss, to protect capital. The trade has nothing to lose.
It could also be part of the trailing stop method.
joseph8
post Mar 21 2013, 09:54 AM

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QUOTE(PuckingFussy @ Mar 21 2013, 09:27 AM)
I see, thanks for your info.

so now which pair are u guys looking at ? my favourite yen is going up, but not too much yet, still waiting
*
I am still holding long on audusd.
user posted image

and long usdjpy. hopefully it is not too late to join the usdjpy party.

user posted image
poks
post Mar 21 2013, 11:22 AM

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seems like scalping will be the best trade yesterday..
unfortunately BE... lol
audusd is good to long on 4H. as for gbpusd, i'll wait for another try..

usdjpy? i'll stay away... BOJ could be just around the corner..
poks
post Mar 21 2013, 11:52 AM

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Ahh.. usdchf ... putting that in my radar..

usdjpy.. what time frame? 1D still look good to long for me...
Quinn
post Mar 21 2013, 11:56 AM

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hi pok, doing well.

I placed a short order on usdmxn h4 yesterday and woke up with +200 pips so far. waiting for new candle to protect more profits.
poks
post Mar 21 2013, 11:56 AM

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LOL.. refers to time frame;
1M = 1 month
1W = 1 week
1D = 1 day
8H = 8 hours
4H = 4 hours and so on...

do give a brief of your trading technique biggrin.gif


QUOTE(Quinn @ Mar 21 2013, 11:56 AM)
hi pok, doing well.

I placed a short order on usdmxn h4 yesterday and woke up with +200 pips so far. waiting for new candle to protect more profits.
*
Quinn, do you trade euro bund? need some reading materials biggrin.gif

This post has been edited by poks: Mar 21 2013, 11:58 AM
Quinn
post Mar 21 2013, 12:07 PM

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just look for cloud breakout and sync with higher tf.

see the usdjpy is trap in the h4 cloud.


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joseph8
post Mar 21 2013, 12:19 PM

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QUOTE(Quinn @ Mar 21 2013, 12:07 PM)
just look for cloud breakout and sync with higher tf.

see the usdjpy is trap in the h4 cloud.
*
wow...all of you are against usdjpy...i am the only contrarian... sweat.gif ..

thanks for all your advice. i will watch out.

but anyway i already have my stops below the counterattack candlestick.
kenny5978
post Mar 21 2013, 03:47 PM

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i am planning to trade in Forex too.
Can anyone teach me on how to trade?

Quinn
post Mar 21 2013, 05:54 PM

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EURNZD is in my long term watchlist. For every retracement, i will try to find a setup to short it.

We also short the EURAUD for long term base on monthly chart at 1.3194.

This post has been edited by Quinn: Mar 21 2013, 05:58 PM
poks
post Mar 22 2013, 10:48 AM

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today taking a observer sit only..
looking at 1.0412 of audusd to long ...
looking at 0.9475 of usdchf to short...

tayor..
jcming
post Mar 22 2013, 05:41 PM

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Hi, Sorry, its not ad,
back to my question, they said its from US, and we bank in aka TT to the account, (just like buying FB credit) , if we sell the the units, the credit will appear in that website, we can claim back the money with TT charges and conversion losses.

Does it sound secure?
poks
post Mar 22 2013, 06:54 PM

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Yes. Secure but it still depends on your broker.

Lets say my broker fxcm.
I deposit with c.card, Then the amount will show in my trading platform. I trade i make profit i withdraw.
Withdrawal take 2 working days max, direct to my mbb account. I'm happy.

That is for requlated broker.
thomasfx86
post Mar 22 2013, 06:58 PM

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QUOTE(krofal @ Nov 6 2012, 06:49 PM)
I'm waiting until after the election before entering any trades.
*
thomasfx86
post Mar 22 2013, 09:16 PM

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Hello guys i am new here. Nice to meet you all

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