Forex Version XII, Foreign Exchange Market Discussion
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 Feb 25 2014, 10:14 PM
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#21
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Junior Member
31 posts Joined: Feb 2014 
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GU reaching the resistance of 1.672 again!! Will it break through it?
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Feb 25 2014, 11:16 PM
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#22
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Junior Member
31 posts Joined: Feb 2014
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QUOTE(9kingsir @ Feb 25 2014, 11:10 PM) Lol good profit.. Close at 1.66915 Wow spot on Sir! Will at it again @ 1.30am before 2am for analyse .. Then enter before 2am   |
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Feb 25 2014, 11:17 PM
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#23
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Junior Member
31 posts Joined: Feb 2014
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QUOTE(9kingsir @ Feb 25 2014, 11:10 PM) Lol good profit.. Close at 1.66915 Anything on at 2am? Mind to share Sir? Will at it again @ 1.30am before 2am for analyse .. Then enter before 2am  |
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Feb 25 2014, 11:30 PM
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#24
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Junior Member
31 posts Joined: Feb 2014
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QUOTE(9kingsir @ Feb 25 2014, 11:23 PM) Wow shit. I did below 1.66000 oredi.. Now 1.66525... Mean someone is playing hard ball.. Nice... I got to agree with you Sir. Across the board, GU,GJ,EU,EJ all dipped. Sensed a big trend is coming  |
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Feb 26 2014, 11:19 AM
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#25
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Junior Member
31 posts Joined: Feb 2014
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Good morning sifus! Wow so much actions. What do i missed?
 Master Darkforce 120pips?! With ranging GU like that? You are really the man! Sir 9king you skill in trading ranging is spot on la. It did went to 1.666 and then shoot back up. Too bad i missed all the action  |
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Feb 26 2014, 11:24 AM
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#26
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Junior Member
31 posts Joined: Feb 2014
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QUOTE(zDarkForceSz @ Feb 26 2014, 12:39 AM) LOL i expected it to be like this. Master Darkforce, i really like what you said about thinking like the bank. Seems you have really mastered the psychology of trading. Which i am still very weak in this matter. Can you elaborate more on this subject? Can give us a bit of tips? Told you before, think like what the bank think. They kicking retailer off the boat. Is a 2way SL hunt. |
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Feb 26 2014, 12:07 PM
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#27
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Junior Member
31 posts Joined: Feb 2014
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QUOTE(zDarkForceSz @ Feb 26 2014, 11:41 AM) Not what sifu la. You just pay more school fees, do more research you will understand. zDarkForceSz, can i say that you are adopting the "Basket" strategy?I'm not any master.  I'm a normal trader, I do have lose in my way, not 100% win. I enter EU, GU, Uchf. So I get myself 120pips. TP stay around asia low. This is what in your mind, follow the "trend". You see the strong bearish bar you enter / strong bull bar you enter. This will bring you to hell See below! 1. Patience. 2. 1 must lose money in order for another 1 to win money. 3. Forex is manipulated market. 4. News is manipulated. Normally, when my indicators signal me to enter, i will place the order 30-50 pips away from the price signal showed. I realized the price it will pull back most of the time after the signal is triggered. If i enter exactly at the price the signal show and my SL is 30pips, i might kena whipsaw. Is this what you mean? |
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Feb 26 2014, 12:31 PM
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#28
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Junior Member
31 posts Joined: Feb 2014
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QUOTE(zDarkForceSz @ Feb 26 2014, 12:18 PM) I not really doing Basket trading strategy. Sure bro. I am happy we can exchange ideas Is more about correlating. 1 relates to another. Yes that the theory. Indicator = Lagging Big Boys, use them to trap in retailer. whipsaw is there 98% of the time. I use indicator, but each time i get a signal, I wait for candle's pattern. 1st signal always got whipsaw. Retailers never learn from mistake. Greedy is also a part of trading. Don't mind me asking what indicators you using? I like to learn everything I can haha. It would be my honour to learn from the much experience people I will PM you |
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Feb 26 2014, 12:40 PM
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#29
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Junior Member
31 posts Joined: Feb 2014
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QUOTE(zDarkForceSz @ Feb 26 2014, 12:33 PM) Check EU, GU daily tf. The UK GDP and US New Home Sales?Something big is on the way. Accumulating phase. If you trading today, 4hrs 56mins UK news 10hrs 25mins US news see how the market is manipulated with the news. |
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Feb 26 2014, 12:47 PM
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#30
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Junior Member
31 posts Joined: Feb 2014
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QUOTE(zDarkForceSz @ Feb 26 2014, 12:45 PM) Yes see how they manipulate the market with news. Roger that! Will have my eyes glued to it |
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Feb 26 2014, 11:01 PM
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#31
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Junior Member
31 posts Joined: Feb 2014
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Those who are shorting EU
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