GU,EJ,GJ,EU low volatility.... Waiting for news I think...NFP...

Get ready for spikes... 3 hrs before and after news.. 9.15pm tonight

Anyway I ain't news trader

friday's nfp.
tonight is adp nf employment change

Let but higher spread.. Just leave 100plus there.. Took 7 k out with 3 transaction..

oh. i don't really care about spread when i placed my trades.
i just set and forget, do other thing

Becos I m a scalper... Tracing and matching analysis..

I dun put SL...not to say I got deep pocket... But I can tahan the loss according to the margin and account size.

Sometimes I do stop loss myself after I have profit from martingale on same pair...

Example: GU 1.67000 short.... Against 20 pips...1.67200.. Short again... If drop till 10-15pips..1.67100-1.67050..
I ll close all position.. Treat that as even.. Sometimes this method only lose comm/swap...

Sometimes I gain a lot becos din put SL..

without SL, you have to sit in front of the computer.
i dun like to be tied with the computer.
i just set and then the market play.
SL or TP thats it haha.

Without sl u has to be a zombie in front of laptop

Convert your trading style EA and let it controls like what I am doing.

Not really... I will put Tp if I m away or the market is low volatility... Becos I only trade most 9pm, 10pm..

The rest of day I do my own things unless the alert me program show good market bull or bearish divergence..

N I have iPad along to check..

No pain no gain.. Few hours trade is ok with me...

Now with forex academy , I can chit chat with fren n earn at the same time..

Today bearish aud GDP review lasted 3 hrs only...

Can use this as guide for future trades?

Hmmm... I will cross reference this data with another source to check the data whether match or not... So that next time can use as reference and placing trades..

Hi guys, earlier you were discussing on the withdrawal limit of broker. My aaafx and ibfx is limited to 4k per month. Is that normal? Or usually other broker higher limit.

i remember FxPro got no limit.

I believe that it depends on your account type. Because as far as I know, IBFX does not limit, even if it does, it would not be that low.

I see some broker have this rule of limit up to 4k per transaction including exness...

Probably they limit withdrawal and at same time charge u processing fee..

My trading style is not EA.. No fix style....

My kungfu is not from shaolin

Flow with the water my fren said

GU RSI now is at 55.6778 level....price @ 1.66850... 7.42 pm.... Will range between 55-59...till 9pm

If this is correct, the my data is correct...

Ok.. Time to report... Now it's 8pm.. For GU...

My data show me that I m half correct half mistake count...


Now it shoot up lingering area 1.67007 which I m right but RSI is around 62..

So m I right or wrong?

I recently reached the legal age of 18 (Malaysian) and is very interested in the forex market. After years of homework and practise, I know quite a bit about the market. However, I am also fully aware and willing to accept the fact that most beginners, if not all, will fail on the first time trading. Anyways, the one thing I could not grasp on are the requirements. I would like to register on OANDA Asia Pacific. Can someone please enlighten me?

1) Do I need to have a job before I can trade? (I am a student)

2) Anything that I need to declare before I trade?

3) Generally asking, what are the (legal) requirements before I can start trading legally?


Thanks a bunch in advance!

Welcome abroad,

Which online broker that u register with is your choice...
the most important requirement is that you need capital..haha..
Even beggar Oso can trade..doesn't need occupation.
U just need bank account, proof of address, IC or passport

U can declare as virgin... joking nia..

U can start trade after u swear n take oath that u will not take deposit from ppl to trade in your account..
And that is illegal..ok...haha..

There is actually no rules of trading..as long u r not doing any money laundering..

Selamat trading

Btw, even u have research for quite long...perhaps it's a good idea to listen to some mentors here.. They r good..

Oanda is well known market maker.
pick other broker.