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 Forex Version XII, Foreign Exchange Market Discussion

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SUShighlowyat
post Nov 3 2013, 04:56 PM

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QUOTE(McHoong @ Nov 3 2013, 03:28 PM)
if in this case then we (the medium and small fish) how to get a piece of the pie in the market?
We should be looking friend which is sufficient?
You point does make sense and logic, but it also terrifies me on how to excel in this industry.
Newbie here.

Cheers
*
i am no expert but we should follow our friend (markup and markdown phase) and avoid the accumulation phase (ranging market)
in smaller TF, the accumulation/distribution phase look like a trend (thats actually a trap) and ppl jump in the opposite side of manipulators
we always read abt arguments the smaller TF is not profitable in long term, here is the reason why.
yes we can success with SnR, good indis, price action. but once Manipulators start pulling their moves, all of indis and PA will stop working

here the chart to show Manipulators activities in EU past few weeks. i believe this cycle is complete.
on Monday they will start the Accumulation phase again, thats why Mondays trading volume always low

user posted image
Dennos
post Nov 3 2013, 08:00 PM

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i place buy limit 1.3465 eurusd last friday but i didnt get it, zzz.
McHoong
post Nov 3 2013, 10:28 PM

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QUOTE(highlowyat @ Nov 3 2013, 04:56 PM)
i am no expert but we should follow our friend (markup and markdown phase) and avoid the accumulation phase (ranging market)
in smaller TF, the accumulation/distribution phase look like a trend (thats actually a trap) and ppl jump in the opposite side of manipulators
we always read abt arguments the smaller TF is not profitable in long term, here is the reason why.
yes we can success with SnR, good indis, price action. but once Manipulators start pulling their moves, all of indis and PA will stop working

here the chart to show Manipulators activities in EU past few weeks. i believe this cycle is complete.
on Monday they will start the Accumulation phase again, thats why Mondays trading volume always low

user posted image
*
Sorry, May i know what is TF and SnR?
If in this case, once we identify the markup and markdown phase, what is the indication of it?
Choose the opposite or buy in that time?
shamsul_LP
post Nov 3 2013, 11:30 PM

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QUOTE(McHoong @ Nov 3 2013, 10:28 PM)
Sorry, May i know what is TF and SnR?
If in this case, once we identify the markup and markdown phase, what is the indication of it?
Choose the opposite or buy in that time?
*
Tf is timeframe...snr is support n resistance.my TF is H4.lower than that is is a big no for me
guitar8888
post Nov 3 2013, 11:56 PM

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Am gonna go fund my first live account and gonna go BUY BUY BUY on EUR/USD. Hopefully, I won't be bye bye bye at the end of the day. biggrin.gif

Until now, is trading via FX Primus illegal in Malaysia? I know FX Primus is a legit software/platform/co but afaik trading forex is illegal? I stand corrected.
SUShighlowyat
post Nov 4 2013, 12:47 AM

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QUOTE(McHoong @ Nov 3 2013, 10:28 PM)
Sorry, May i know what is TF and SnR?
If in this case, once we identify the markup and markdown phase, what is the indication of it?
Choose the opposite or buy in that time?
*
markup is uptrend (buy) and markdown is downtrend (sell)
trend trading work best at higher timeframe, 4H and larger
Crazyallen
post Nov 4 2013, 01:14 AM

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Just want to ask before I start any account. Is it forex now legally in malaysia already? Newbie here.
SUShighlowyat
post Nov 4 2013, 01:37 AM

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QUOTE(guitar8888 @ Nov 3 2013, 11:56 PM)
Am gonna go fund my first live account and gonna go BUY BUY BUY on EUR/USD. Hopefully, I won't be bye bye bye at the end of the day. biggrin.gif

Until  now, is trading via FX Primus illegal in Malaysia? I know FX Primus is a legit software/platform/co but afaik trading forex is illegal? I stand corrected.
*
QUOTE(Crazyallen @ Nov 4 2013, 01:14 AM)
Just want to ask before I start any account. Is it forex now legally in malaysia already? Newbie here.
*
not legal. only banks can trade forex
for invidual like us, should be no problem
create forex trading company and taking deposits is illegal
sleepwalker
post Nov 4 2013, 09:18 AM

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US Daylight savings ended yesterday. Please remember to adjust your trading times and any indicator that is dependent on your broker's timing (mainly applicable to US Brokers).
McHoong
post Nov 4 2013, 09:53 AM

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QUOTE(highlowyat @ Nov 4 2013, 12:47 AM)
markup is uptrend (buy) and markdown is downtrend (sell)
trend trading work best at higher timeframe, 4H and larger
*
Currently I am enter and exit the market based on 1m graph time frame.
You TF of 4 hours if the trend or enter and market exit TF?

Sorry for noobie question.
SUShighlowyat
post Nov 4 2013, 10:53 AM

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QUOTE(McHoong @ Nov 4 2013, 09:53 AM)
Currently I am enter and exit the market based on 1m graph time frame.
You TF of 4 hours if the trend or enter and market exit TF?

Sorry for noobie question.
*
you are scalper if u use 1m
i use Daily TF to enter and exit
zDarkForceSz
post Nov 4 2013, 02:07 PM

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QUOTE(shamsul_LP @ Nov 3 2013, 11:28 AM)
i just blow 9k lol sweat.gif this week
*
QUOTE(shamsul_LP @ Nov 3 2013, 12:52 PM)
Prior to that i earn 1000usd in two day.the 3rd day i lost 3000+1000usd.my deposit 3000usd gone lol.i felll asleep during that time. The day its go down like hell  cry.gif And its live account. The sad thing its,i dont put SL vmad.gif .i sleept in front of laptop  vmad.gif
This month gonna use money first for my second house  sad.gif
Will come back with 2000usd deposit this december or january. Now gonna use my remaining 50usd  laugh.gif to be 500usd in two week time sweat.gif
*
QUOTE(shamsul_LP @ Nov 3 2013, 01:29 PM)
that alot.i can bought 4 Ps4 or some downpayment for new car.
*
QUOTE(shamsul_LP @ Nov 3 2013, 01:47 PM)
Yes. That a tough and a very hard lesson for me. Now gonna take  a deep rest n build my margin again slowly.
*
bro, everyone been through there.
I blow 2k account at first. then another 1k again.
now I just starting to accumulate back.

What I going to say is beginners luck, my first account i blow up together with 120%profit.
The 2nd 1k i blow up together with 60%profit.

Forex is a stick to plan investment, never over trade/over confidence.
This is what happen to all of us...

What I can help you is, read more. There's more to read.

Crazyallen
post Nov 4 2013, 02:45 PM

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QUOTE(highlowyat @ Nov 4 2013, 01:37 AM)
not legal. only banks can trade forex
for invidual like us, should be no problem
create forex trading company and taking deposits is illegal
*
If is it no problem for individuals like us. So where and how I'm gonna start learn all this forex. Got any website can help me started to learn n trade?
zDarkForceSz
post Nov 4 2013, 02:47 PM

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QUOTE(highlowyat @ Nov 3 2013, 03:30 AM)
Look how semaphor performing with EMA cross on daily timeframe. if u dont mind 1 trade in 1 month, this is the real deal

user posted image
*
boss got link?
i suka 1 month 1 trade lol.
stick with higher timeframe, less mistake.
zDarkForceSz
post Nov 4 2013, 02:54 PM

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QUOTE(Crazyallen @ Nov 4 2013, 02:45 PM)
If is it no problem for individuals like us. So where and how I'm gonna start learn all this forex. Got any website can help me started to learn n trade?
*
Intro is always at the first page, and google is always a friend.

Click the link below,
babypips.com SCHOOL!
then check forexfactory.com

Remember, stick to the plan.
And Buy LOW, Sell HIGH.

Find out your money management rules, is the only way to keep you safe.

Forex trading is a high risk trading activities.

Don't cheat by those group which always show you BLUE digit + sports car + travel.
Crazyallen
post Nov 4 2013, 03:19 PM

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Recently being introduce by my friend. Rcfx group. Is it reliable?
apengfx-
post Nov 4 2013, 03:27 PM

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GBP/JPY H4

user posted image

Happy Trading

This post has been edited by apengfx-: Nov 4 2013, 03:29 PM
apengfx-
post Nov 4 2013, 03:35 PM

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GBP/USD H4

user posted image

Done!
What Next..Waiting for the next hint form the market.

happy trading
zDarkForceSz
post Nov 4 2013, 04:44 PM

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QUOTE(Crazyallen @ Nov 4 2013, 03:19 PM)
Recently being introduce by my friend. Rcfx group. Is it reliable?
*
I have been repeating the same story.

If they can earn money, no need ask your join and lock your margin ma.
Don't you feel all same???
Car, Branded stuff, Alcohol, Travel, Grouping, LOCK MARGIN.

What the hell on earth they can LOCK MARGIN?
Then slowly change your, you also become their IB, tell you commission.

This post has been edited by zDarkForceSz: Nov 4 2013, 04:45 PM
zDarkForceSz
post Nov 4 2013, 04:45 PM

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QUOTE(apengfx- @ Nov 4 2013, 03:35 PM)
GBP/USD H4

user posted image

Done!
What Next..Waiting for the next hint form the market.

happy trading
*
Hi there, you also using FxPro.

What is your strategy? Mind share?

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