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 Forex Version XII, Foreign Exchange Market Discussion

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zDarkForceSz
post Sep 19 2013, 11:06 AM

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QUOTE(sebastian.twz @ Sep 19 2013, 10:03 AM)
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?
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Mine still floating, but the "current" lost beyond my imagination.
zDarkForceSz
post Sep 19 2013, 11:52 AM

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QUOTE(sebastian.twz @ Sep 19 2013, 11:13 AM)
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"
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my SL on the far side~
zDarkForceSz
post Sep 19 2013, 08:07 PM

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Lose some money due to FOMC, but not until "burning my account".
Money management always come in first no matter what.

Finger crossed, Gotta take a rest to continue the journey~
zDarkForceSz
post Sep 22 2013, 09:42 PM

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Hey peeps, Hope for a great head start for coming week!
Good luck guys~
zDarkForceSz
post Sep 23 2013, 11:49 AM

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AUD & NZD looks like going to put up a bull fight with USD.
zDarkForceSz
post Sep 23 2013, 08:03 PM

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QUOTE(shamsul_LP @ Sep 23 2013, 07:35 PM)
Sure?
Btw, how much your target for a day.how many pips?this is my second live trading  sweat.gif
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bro, monday = wait & see mode.
I target 100 per week. Sometimes yes, sometimes no.
zDarkForceSz
post Sep 24 2013, 09:20 AM

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QUOTE(shamsul_LP @ Sep 23 2013, 10:58 PM)
100 pip per week?how much size?1 dollar for 1 pip?
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it depends.
In forex, just work for pips, keep pips, earn pips.
zDarkForceSz
post Sep 24 2013, 12:19 PM

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QUOTE(shamsul_LP @ Sep 24 2013, 10:25 AM)
I try with 0.4 lot/size. Can give me heart attack
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Slow and steady~

Forex is a chase pips game rather than a chase $$$ game.

You can earn pips means you can earn money.

Don't set your mind, I want earn $$$; But set, I want make pips.

That's why most trader burn their account.
zDarkForceSz
post Sep 24 2013, 01:17 PM

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QUOTE(Alissa_1989 @ Sep 24 2013, 12:43 PM)
From the picture, he tested on Oil. Can this survive 2 months in Oil as the tuned parameters may not suitable for future ?
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Martingale robot got 1 weakness, do you have enough margin?
If you settle Margin problem, then nothing for you to worry, as long as the pair you trading is not something like USDMYR.
zDarkForceSz
post Sep 24 2013, 01:19 PM

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QUOTE(oopet @ Sep 24 2013, 01:15 PM)
hi,

how to invest in forex?
how much it cost?
how to play?

sorry..im new in forex..but want to know..

thanks
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1. Find yourself a suitable REGULATED broker.
2. From Micro lot. (Recommend 500usd & above)
3. Is an investment, not for playing.

In the end, THIS IS NOT A CEPAT KAYA SCHEME!

more info, read up babypips.com, dun understand don't feel shy to ask member here, they all willing to help/guide you.
zDarkForceSz
post Sep 24 2013, 01:55 PM

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QUOTE(nicefriendly @ Sep 24 2013, 01:31 PM)
may i ask can we earn some "salary" from forex so that enough for us to buy food every month?
Like we treat forex like working and earn for survive our life not get rich.
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if you have the skill, knowledge and enough margin. definitely a yes.
zDarkForceSz
post Sep 24 2013, 02:07 PM

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QUOTE(oopet @ Sep 24 2013, 02:01 PM)
sorry for the word.. i try to contact 1 of my friend who investing in  forex.. unfortunately, he dont want to share the knowledge about it.. i planning to invest and learn about it.. im just want to try for a while.. to gain experience in it.. it is legal to invest in forex?

thanks
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Forex broker provide free demo. So you can try and learn.
babypips.com school is the best source to get your knowledge, even a number of us here still dig up sometimes for reference.

not legal nor illegal.

Malaysia got NO LEGAL broker.
So we join overseas broker.
Why regulated broker, because your fund will be return incase of broker fail.

In the end, you didn't break any Malaysia Law.
zDarkForceSz
post Sep 24 2013, 02:17 PM

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QUOTE(oopet @ Sep 24 2013, 02:01 PM)
sorry for the word.. i try to contact 1 of my friend who investing inĀ  forex.. unfortunately, he dont want to share the knowledge about it.. i planning to invest and learn about it.. im just want to try for a while.. to gain experience in it.. it is legal to invest in forex?

thanks
*
BTW, don't join US broker. Because of the FIFO Rules.
UK is okay.

My own experience,
don't join INSTAFOREX too~

This post has been edited by zDarkForceSz: Sep 24 2013, 02:18 PM
zDarkForceSz
post Sep 24 2013, 02:36 PM

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QUOTE(khai.hunters86 @ Sep 24 2013, 02:31 PM)
INSTAFOREX dont join ??why bro
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Market Maker.
High spread, no scalping, 4digit broker, weird rules. End of Story.
zDarkForceSz
post Sep 24 2013, 02:39 PM

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QUOTE(khai.hunters86 @ Sep 24 2013, 02:38 PM)
the best broker for forex bro?
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There's is no BEST BROKER for Forex.

Is the matter of own preferences.

But instaforex, is definitely a NO from me.
zDarkForceSz
post Sep 24 2013, 02:41 PM

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QUOTE(oopet @ Sep 24 2013, 02:34 PM)
interesting in this platform iktrust.my.. planning to invest few $.. it is ok? how about the payment? maybe u can suggest few tip for newbies like me..  icon_question.gif

thanks
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alamak kawan, I don't want spoil people business.

Try look around FIRST!
zDarkForceSz
post Sep 24 2013, 02:42 PM

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QUOTE(Alissa_1989 @ Sep 24 2013, 02:36 PM)
It is more than that. Oil margin is high (for example, USD20 for 0.01 lot) and has (normally) contract date which means the server will auto close all trades when such date arrives every month. Such condition does not allow continuous trading in real life but only in simulation.
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Thats for that info!
I never trade commodities(Sometimes hand itch trade Gold only), thats for that update!
zDarkForceSz
post Sep 24 2013, 02:50 PM

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QUOTE(oopet @ Sep 24 2013, 02:45 PM)
ok..still googling for malaysia company..found few company but im not sure about it..
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Told you... Those are IB.
http://www.bnm.gov.my/microsites/fraudalert/0203_forex.htm

check the legal investment bank yourself.

Dealers authorised to conduct foreign currency trading in Malaysia are as follows:

All commercial banks
All Islamic banks
Bank Islam Malaysia Berhad
Bank Muamalat Malaysia Berhad
Clearing houses authorised to conduct foreign currency trading with authorised dealers in Malaysia are as follows:

BIMB Foreign Currency Clearing Agency Sdn Bhd
RMEX Trading Sdn Bhd

This post has been edited by zDarkForceSz: Sep 24 2013, 02:52 PM
zDarkForceSz
post Sep 24 2013, 05:34 PM

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QUOTE(qwertyuioped @ Sep 24 2013, 04:43 PM)
i think i kinda get the gist of it now, its not about finding the holy grail trading sytem, its all about money management and risk reward ratio! simple trendline and support and resistance would be enough to make profits if you have good money management. gonna demo trade few months more to really test my findings.
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I agree with your statement!
zDarkForceSz
post Sep 24 2013, 10:11 PM

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QUOTE(qwertyuioped @ Sep 24 2013, 07:54 PM)
When it's floating positively like this, so tempting to close all. But sadly havent reached my set tp.
» Click to show Spoiler - click again to hide... «

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hehe, mind share your indicator? lol

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