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 Forex Version XII, Foreign Exchange Market Discussion

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sebastian.twz
post Sep 11 2013, 01:04 AM

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QUOTE(trytohelp @ Sep 10 2013, 11:41 PM)
Start from now, any evil country can use 70% of their chemical weapon to kill all their enemy, when international community blame them for using WMD and want to strike them, they just need to surrender the remaining 30% of their chemical stockpile, then things will be settled.  biggrin.gif
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By enemies you mean their own people right? I doubt they can use it on another country and get away with it
sebastian.twz
post Sep 11 2013, 11:28 AM

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QUOTE(highlowyat @ Sep 11 2013, 06:23 AM)
what price action u use or indicators
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Mix of technical and fundamentals analysis and tight money management. Dont really use any indicators, the only 1 I use occasionally is MACD/Stoch, Fibs, and pivots.
sebastian.twz
post Sep 11 2013, 11:30 AM

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hm... EU will probably push back to the previous high/ even higher before the FOMC... Will have to close my position for now....
sebastian.twz
post Sep 11 2013, 02:12 PM

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QUOTE(project68 @ Sep 11 2013, 02:08 PM)
yes i do tons of research about brokers, ic markets is currently the best  smile.gif
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Why dont just wire the money back, its easier to explain since they can trace the transaction to the brokerage company and prove that is profir from investment/trading etc
sebastian.twz
post Sep 11 2013, 02:28 PM

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QUOTE(forexcoder @ Sep 11 2013, 02:25 PM)
If I use a credit card for deposit and withrawal, can they trace that the transaction is from a brokerage company? Or it only applies to wire transfer?
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Should be able to... unless the broker use another name for their bank account and didnt tell the clients about it
sebastian.twz
post Sep 12 2013, 04:08 PM

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QUOTE(qwertyuioped @ Sep 12 2013, 02:57 PM)
i think my broker is doing funny things to my sl. price havent reach my sl but sl already triggered. lucky is on demo.
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Is the price like 2 pips away from the SL? sometimes, orders will be triggered since the chart only show the Bid price and not the Ask price.
sebastian.twz
post Sep 13 2013, 03:56 PM

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QUOTE(virgoguy @ Sep 13 2013, 03:43 PM)
any chances MYR-USD back to 3.25 or below next week?
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Fate of USD will depend on the FOMC.... Malaysia ringgit on the other hand is a very different story
sebastian.twz
post Sep 13 2013, 03:59 PM

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QUOTE(zDarkForceSz @ Sep 13 2013, 11:25 AM)
This is what I think for EU.

user posted image
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If you draw the Fibs on downtrend on the 4h chart, you can clearly see that the price got rejected at the 61.8 and then proceed to bounce at the 50.0

Very hot battle between bulls and bears, will probably be like this with slight breakout till FOMC.

Best of luck bro
sebastian.twz
post Sep 13 2013, 04:25 PM

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QUOTE(zDarkForceSz @ Sep 13 2013, 04:10 PM)
Highly depends on MYS. But I think this week 3.26 is consider low. 3.25 is abit hard from current situation.
Yea I drew, rejected 2-3times this week.
Hope it bounce back to challenge 61.8 again.
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Probably. I dunno why, but EU has the tendency to favor the Euro even though USD might be doing better. FOMC will make things clear, Good luck and dont MC
sebastian.twz
post Sep 17 2013, 12:17 PM

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QUOTE(zDarkForceSz @ Sep 17 2013, 09:04 AM)
EU pair.
Go short @ 1.33645, still floating.
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I holding 2 positions short on EU, still waiting for Big Ben tomorrow biggrin.gif

sebastian.twz
post Sep 18 2013, 02:34 PM

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QUOTE(babienn @ Sep 18 2013, 01:43 PM)
Ya I know no interest rate, but must have some down side compare to normal account?
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downside is the broker will bear the cost of the swap.... normally they dont give it out to all clients but only to muslim clients....
sebastian.twz
post Sep 19 2013, 10:03 AM

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My 2 EU positions closed, ... my winnings from early this month return to the market, amen.

Now, the future taper will be really big. Ben will be retiring end of the year, there will be a event risk as who who will succeed Mr Ben how will that person carry on the FOMC's current plans. Will the future chairman be a hawk? a Dove? that is the question !

Btw, GU has been running a bull race for quite some time now, any view on its soon to be retracement?
sebastian.twz
post Sep 19 2013, 11:13 AM

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QUOTE(zDarkForceSz @ Sep 19 2013, 11:06 AM)
Mine still floating, but the "current" lost beyond my imagination.
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Bro, why no SL.....

Go with the flow, follow the trend, stick to the plan, and always have a contingency plan... Think outside the box bro, always think, "what if"
sebastian.twz
post Sep 19 2013, 11:21 AM

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QUOTE(highlowyat @ Sep 19 2013, 11:18 AM)
100+ pips cant burn acc unless very poor money management
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Martingale? - - martingale would be hit quite hard by news as usual
sebastian.twz
post Sep 19 2013, 11:25 AM

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QUOTE(virgoguy @ Sep 19 2013, 11:23 AM)
what happen lately? these few day RM bounce like crazy. Suddenly shoot up so high
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Not RM going crazy... is USD going crazy
sebastian.twz
post Sep 19 2013, 11:40 AM

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QUOTE(highlowyat @ Sep 19 2013, 11:36 AM)
price already retrace 40% at USDJPY
BoJ governor woke up this morning and sure not happy of what US did yesterday

user posted image
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Good view, Kuroda aint gonna be happy.... thats gonna screw their exports over...
sebastian.twz
post Sep 19 2013, 11:56 AM

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QUOTE(zDarkForceSz @ Sep 19 2013, 11:52 AM)
my SL on the far side~
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It does not serve a purpose to have an SL it you have already lose too much of your capital...
sebastian.twz
post Sep 19 2013, 12:45 PM

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QUOTE(naiveboy @ Sep 19 2013, 12:22 PM)
any brokers are recommend for scalping?
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since you are gonna scalp, get a broker with low spreads on whichever pair you plan to scalp. and test their execution speed.
sebastian.twz
post Sep 19 2013, 02:11 PM

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QUOTE(naiveboy @ Sep 19 2013, 01:01 PM)
thanks pointing out that. I have test FXCM, their spread is at least 30 pips, damn not suitable for scalping. FxPrimus, is around 10 pips average, but once i have open a position which is 100 pips spread, but that time is during storm time. haha. Any brokers that give spread lower than 10 pips?
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30 pips...? Are you using an ECN account/ Pro or whatever account with variable spreads and an extra digit at the back?
sebastian.twz
post Sep 23 2013, 12:50 PM

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QUOTE(qwertyuioped @ Sep 23 2013, 12:01 AM)
yeah he said Billion with the 'B'. obvious scam is obvious, yet people still dumb enough to even messaged him. -.- he said minimum investment was 20k USD. what a joke. Alot of stupid people gonna get conned for sure.
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300 BILLION ZIMBABWE MONEY!!!!!!! possible !!!!

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