HAHAHA waited for the whole day woohoooo~

120pips

This post has been edited by zDarkForceSz: Feb 26 2014, 12:06 AM

Something big is coming this Thursday / NFP.

LOL i expected it to be like this.

Told you before, think like what the bank think.
They kicking retailer off the boat. Is a 2way SL hunt.

Not what sifu la. You just pay more school fees, do more research you will understand.

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.

Understand the theory in these 4.

Read babypips.com/school.
Open a demo with broker.
Good luck n Have fun.

I not really doing Basket trading strategy.
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.

Check EU, GU daily tf.
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.

This post has been edited by zDarkForceSz: Feb 26 2014, 12:35 PM

Yes see how they manipulate the market with news.

Finally~~~

But I didn't trade the news just now

some thing big is coming.

good good. got myfxbook? keep trade your record!

I take a -28pips loss today
other trades still swimming

I hope so.

Hey friend, frankly speaking.
Forex is a HIGH RISK INVESTMENT.
$100 usd is risky.
how you gonna trade?
I risk 0.5% on each position.
With your account size, means 0.50USD.
How am I going to trade with that?
SL = -0.50USD unless your broker let you trade sen (1pips = 0.01USD) so you can get 50pips SL or etc

I'm talking about 1sen USD only suitable for your situation with maximum leverage of 1000:1.

You are using 10sen USD which means your SL only can afford 5pips for 0.5% risk, how the hell on earth I going to set my SL -5pips away from my entry.....

Do you understand Risk:Reward ratio and Money Management rules?
The SL is way too tight. Don't pull in SL hunt above previous swing high/asia high/ytd high, a simple retracement can easily wipe you out.

The max SL you can risk is 10pips /1.0% for 100USD.
Lets say SL hit, -1.0USD. You left 99USD (dont pull in commission)
Next position your SL becomes 9pips / 1.0% for 99USD.

You just lose your money bit by bit.

You're a student, you should have this mathematical theory in your mind.
I'm not talking about large account size can earn more money.
But I'm talking about with good Money Management Rules, Large account size holder can minimize their risk and maximize their profit.
NOT by risking LARGER LOT.
But can hold their position to squeeze every juice out of that wave.

This post has been edited by zDarkForceSz: Mar 1 2014, 12:56 PM

If you see what I saw...

You read(red) babypips.com school, but you're not studying/researching.
Is just like a text book during school times which covers A-Z basic.
I spend times reading over and over again, until now I still went to babypips.com school read and reflex.
Ain't easy to earn money, no effort no pay off.
In investment world, there's no spoon fed, if you don't put extra effort, you won't get your reward.
Most people selling seminar outside is non-sense. Because babypips.com school provide everything to you.
You just need to study it over and over again.
Not just by clicking next next next.

Broker wise, pick a well regulated broker.
FXCM / Alpari / Global Prime bla bla bla bla and etc etc~

Haha, i got this super long tearm bias lol



And let's see this

lol still with fxprimus?
alot of bad review i'm getting from my friend everywhere.
terrible spread during news.

i seldom care about news now, but what happen is my position still open during news haha.
Global Prime. Recently change to that from FxPro. So far good service.