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 Forex Version XII, Foreign Exchange Market Discussion

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cpleng7
post Sep 22 2013, 10:35 AM

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QUOTE(ProperTYcoon @ Sep 20 2013, 06:10 PM)
what do you guys think about USD?
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there is a huge gap havent fill up for USD at 1.32900 , resistance for EUR should be at 1.36000. Short at the 1.36100 , should be a good signal. There will be a 3000pips over there
cpleng7
post Sep 26 2013, 10:00 AM

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QUOTE(qwertyuioped @ Sep 23 2013, 07:52 PM)
guys is there a way to disable change of tp/sl when we clicked the tp/sl line on mt4? i find it frustating when i accidentally clicked those lines and my tp and sl are changed and i have to set it back properly. anyone know?
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yes you can change the tp/sl by using the modify, the modify limit depend on what broker that you use.
For me fxprimus has the minimum st/tp which set at 30pips.

have fun to play on forex .
cpleng7
post Sep 26 2013, 10:05 AM

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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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try to use this lot size trading in 1 minute chart for EUR/USD pairs
if not it other time frame chart have a lot of noise , you will get more heart attack.

cpleng7
post Sep 26 2013, 10:44 AM

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QUOTE(zDarkForceSz @ Sep 26 2013, 10:23 AM)
my broker FxPro has no limit. you can set what ever number you want =x
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haha... actually with/without limit also have their own benefit, it depend on what trading strategy that you use.

I prefer use 1:3 trading method, which is place 30 pips as stop lose, 100 pips as winning pips.


1:3 rule trading strategy
- place a stop lose 1, take profit is 3 times
- for example : I am always use put stop lose 30 pips , take profit 100 pips.

- let say in a 10 times trade, 3/10 times you win only , other 7 times you lose for it
- eventually you are the winner for this event
- calculation : win 3 times * 100pips = 300pips
loose 7 times * 30pips = 210 pips
total 10 times you still win 90 pips.


In forex 1 minute chart trading , there are no 100% sure win method, with the above strategy we can get what we need in a month.

So don't wait for it, we play forex together , share out all posible winning pips in here, if we hit 3 times , then we confirm win in this month.


cpleng7
post Sep 26 2013, 10:45 AM

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QUOTE(ProperTYcoon @ Sep 26 2013, 10:32 AM)
fx primus doesn't have any limit to set SL and TP bro
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FXprimus have the minimum SL and TP , I have encounter several times before
cpleng7
post Sep 26 2013, 01:51 PM

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QUOTE(jeanhl @ Sep 26 2013, 01:38 PM)
bro you dont need to set tp and sl when open the trade, just set them after you open them. then you wont have this problem
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Yeah JeanHL you are right man.
but because of I am playing the 1 min chart , the pips response very fast, sometimes hard to follow it.
cpleng7
post Oct 20 2013, 04:33 PM

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QUOTE(JakeYim @ Oct 19 2013, 09:53 PM)
Hi everybody,
I would like to open a forex live account! Anyone willing to teach me?  =)
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Yes , kindly check your PM please.


QUOTE(guitar8888 @ Oct 19 2013, 11:51 PM)
Hi people!

May I know what are the popular Forex Trading websites that are can used legally in Malaysia?

The ones that I think are pretty popular are Plus500 and FxPrimus.

Appreciate any sifu's opinion. smile.gif
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So far there are no forex broker in Malaysia have been legalize.
But Plus500 and FxPrimus is other country broker, you can save in Forex Trading.


QUOTE(notfair @ Oct 20 2013, 10:53 AM)
btw, among FxPrimus, FxCM, FxPro, instaforex  which one is recommended? appreciate any opinion, thank. biggrin.gif
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So far FxPrimus is the best among other forex broker.
cpleng7
post Oct 20 2013, 08:34 PM

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QUOTE(nickcct @ Oct 20 2013, 06:10 PM)
Anyone know any broker for micro forex trading?
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FxPrimus have mirco forex trading.

just put initial USD 100 , you able to play for it.

Kindly view the link below:

http://www.FXPRIMUS.com/open-an-account?r=1015181

cpleng7
post Oct 21 2013, 09:55 PM

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QUOTE(zzerosz @ Oct 20 2013, 09:09 PM)
Hi, do you know how much I need to put as deposit to play with mini lot and standard lot?  icon_question.gif
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My advice for newbie :

1) trade not more than 3 % of total funding
example :

USD 100 * 3% = USD 3 as a stop lose target

USD 500 * 3% = USD 15 as a stop lose target

2) not advice trade standard lot.

3) trade in longer time frame H1 or H4.

for mini lot minimum deposit 100 USD

for standard lot minimum deposite 500 USD


regards,
CP LENG



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