Forex Version XIII, Foreign Exchange Market Discussion
|
|
 Apr 23 2014, 06:46 PM
Return to original view | Post
#101
|
 
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia  
|
QUOTE(qwertyuioped @ Apr 23 2014, 06:36 PM) Thx for the comments. For now i will just "sembahyang kuat2" lol. its a demo account anyway. Oh, I see. Anyway, I don't like the trade even on demo or real. I don't trade © and I don't use trend line as guideline.    |
|
|
|
|
|
Apr 23 2014, 06:50 PM
Return to original view | Post
#102
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(qwertyuioped @ Apr 23 2014, 06:47 PM) yeah. I still have alot to learn in this field. I also still learning. Just learn on it together.  |
|
|
Apr 24 2014, 02:36 PM
Return to original view | Post
#103
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
AUD/USD best to SELL now.
 |
|
|
Apr 24 2014, 03:35 PM
Return to original view | Post
#104
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(chaiychong @ Apr 24 2014, 03:30 PM) can i know why u say so? It is important to create your very own system or strategy to become a profitable trader. So, I can't explain how my reading or interpret work does, because you don't fully understand how my strategy and reading works. Sorry!  |
|
|
Apr 24 2014, 03:39 PM
Return to original view | Post
#105
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(chaiychong @ Apr 24 2014, 03:30 PM) can i know why u say so? 1 explanation probably it is easy to give you a picture. 1st Trend Occurs, a Pullback, so now comes a continuous. Trend=Breakout Pullback= Other retail traders on TPt Continuous=Most experience trader enter. Hope it helps.  This post has been edited by tdoptions1689: Apr 24 2014, 03:39 PM |
|
|
Apr 24 2014, 03:44 PM
Return to original view | Post
#106
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(chaiychong @ Apr 24 2014, 03:40 PM) lol. why sorry.. i meant no offense..  i am fresh to forex.. and just want to learn something from here   Maybe some of them will thought I am cocky and don't want to teach others how my reading works. This is all on experience, not on tutorial. So, it is hard for me to explain. I always ask myself WHY I do this? But I can give the answer to myself, because I know how my strategy works. Apologize because I can't explain to others WHY.  |
|
|
|
|
|
Apr 24 2014, 03:54 PM
Return to original view | Post
#107
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(chaiychong @ Apr 24 2014, 03:43 PM) thx for this explanation No problem. This is more on how the Wave Analysis works. 1 more maybe you can digest slowly. but i think i need time to digest it.. haha seriously lack of experience.. anyway. thank you  Trend Breakout = Newbie trader enter with no direction hoping for breakout. Pullback= Most novice, scare money trader will TP from here, it is a very big mistake because it only minimize profit and maximize losses. Continuous = Here normally the most experience trader came in. Conclusion = Read more on Elliot Principle and and how 12345 and ABC works. You will get clearer picture there. |
|
|
Apr 24 2014, 04:37 PM
Return to original view | Post
#108
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
30 mins to go for ECB DRAGHI DRAMA. I don't believe much on Fundamental, but according to Technical maybe not much difference on his speech. I believe EUR will not gain more strength if the Cable don't move. We have lagging Cable to EUR now.
 |
|
|
Apr 24 2014, 04:45 PM
Return to original view | Post
#109
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(kekayo @ Apr 24 2014, 04:38 PM) Hi guys, i was planning to open a forex account in SG bank. Need you guys opinion Which bank is good in term of minimum deposits & levarage follow by Spread/charges/ reputation. I am not sure on SG. If broker, probably Oanda works the best for SG customer. If deal with bank, I think Citibank might be the best bank to choose. Minimum deposit are USD 50K, everybody know Citibank so of course is good, DMA access so spread might be the best price This post has been edited by tdoptions1689: Apr 24 2014, 04:52 PM |
|
|
Apr 24 2014, 06:18 PM
Return to original view | Post
#110
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(zDarkForceSz @ Apr 24 2014, 06:05 PM) Is not about cocky or not. Thanks mate. But we don't know how other people think, so probably they will think this guy is so cocky and don't want to teach or answer other person question. I am really happy and willing to share my tutorial or even some of the trades here for free (You have to pay me if in Zulu), but experience for what I have been through cannot be share in typing or conversation. They have to went through those days.I think spoon fed is really a dislike part in every sectors. Cheers. Cheers |
|
|
Apr 24 2014, 07:18 PM
Return to original view | Post
#111
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(goleng2001 @ Apr 24 2014, 07:00 PM) Test long AU.. What do you guy think? I am still on SELL and I believe this AUD/USD will directly go 0.921x or even lower probably to 0.913x if it breaks the major there. No point to BUY on this pair now, whole momentum is on SELL. Just my 2 cents view, and might go wrong and failed too.  |
|
|
Apr 24 2014, 08:55 PM
Return to original view | Post
#112
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(bulkbiz @ Apr 24 2014, 08:42 PM) Boring week ....... not sure for all of you. No trend at all.... I am still OK this week. Including floating, so far 5.6% growth include current floating. Almost holiday, NFP week coming soon, hate that a lot. |
|
|
Apr 24 2014, 09:00 PM
Return to original view | Post
#113
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(denver1347 @ Apr 24 2014, 08:58 PM) Yeah. Me too. I will close most of my floating before it arrival. Cheers Mate... The whipsaw is XXXX. Firstly, I don't believe those FUNDAMENTAL DRAMA. Secondly, I don't like LUCK TRADING. Sometime, I don't even open a single trade on NFP week, and normally will go holiday on that boring week. |
|
|
|
|
|
Apr 25 2014, 09:18 AM
Return to original view | Post
#114
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(9kingsir @ Apr 25 2014, 07:28 AM) Hmmm... since quite along time din share anything here.. Frankly to say, I will never call or treat this kind of move as TREND. It is an absolutely ranging market. Or probably if you need more accurate to describe with this kind of pattern, we will call it as Consolidation Down move instead of TREND. So where will we count as TREND if according to the chart? After the last 3, it rose approach and break the consolidation. That's where I will treat as 1st TREND after it breaks the major somewhere 1.369x. After it broke, the 1st BEARISH candles indicate a pullback occurs, there is the place you should look for ENTRY.sorry to all bros.. quite busy on forex academy these few weeks.. and i am searching way to do live setup feed to those ppl not in selangor & KL areas.. tried 2 so called live but still lag.. skype for audio.. ustream.tv for audio and video.. but still lag for 15 sec... 15 sec for scalping is almost impossible because price can change from profit to lost.. So if any bros here know how to setup a live feed close to 1-2 sec delay.. i m all ears to listen.. i dunno how to setup cos i aint IT guy ok.. sharing part... let's see... some one say 2 top & 2 bottom.. when the third bottom lower than 2nd bottom = short trend 3bottom higher than 2nd bottom = retractment.. is this statement correct?? I would say not necessary.. becos have to look at the strength it contain.. mean how far is the 2nd & 3rd bottom.. and this scenario will come ONCE IN A BLUE MOON..[attachmentid=3945054] No offense, just sharing how actually wave works. |
|
|
Apr 25 2014, 09:44 AM
Return to original view | Post
#115
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
By the way, for you guys who are keen to learn how wave analysis works or when does a consolidation move occurs, here are some information for you guys to digest with. According to Elliot Principle and Wave Analysis, a TREND occurs with 12345 and ABC. 1, 3, 5, represent a bias move, 2 and 4 represents a pullback entry. So after a complete of 12345, it will come with ABC, and those ABC are the consolidation move or the situation I always describe as correction. It is only matter a big correction or a small correction. So once after correction breakout, thats indicate the new directional TREND has came.
Hope it helps. |
|
|
Apr 25 2014, 12:20 PM
Return to original view | Post
#116
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
I am quite surprise to Lowyat Communities here. Normally I will only trade for investor with a decent amount, and I thought there are not kind of market here in Lowyat or Malaysia. Surprisingly, I receives a PM from an investor willing to put all the amount to start running the PAMM. I am still not sure whether this investor will close the deal. If he really does, I will open a new PAMM name as Imusing Lowyat specially for only Lowyat Communities. (Imusing is my nick on Zulu, myfxbook, RapaCap, ForexBoys, all of my manage account will be have an IMUSING in front). So, if there are still someone who interested if the PAMM have open, please let me know so I could provide the PASSWORD.
 |
|
|
Apr 25 2014, 12:58 PM
Return to original view | Post
#117
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(Doggystyle @ Apr 25 2014, 12:44 PM) Hi bro tdoption, No prob mate. As you know, we all sign NDA there. So we can't expose our identity on public. I have sent you how it works and everything there. Will join you on zulu once I top up my acc. Mine explain your style a bit? Thanks. |
|
|
Apr 25 2014, 01:03 PM
Return to original view | Post
#118
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(chaiychong @ Apr 25 2014, 12:23 PM) http://stockcharts.com/school/doku.php?id=...ott_wave_theory Yes, those rules are the most basic on Elliot. Try to understand the whole concepts, including big wave, sub wave and it might have 128 wave in a single complete move. That's reading need to move to more advance. You will be good if you can get know how 128 waves move. Are the three rules which stated in the website above correct? or as they said these are unbreakable? Eg. Rule 3: Wave 4 can never overlap Wave 1. i found that this case not usually happens. |
|
|
Apr 25 2014, 01:38 PM
Return to original view | Post
#119
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
QUOTE(johnnywzm @ Apr 25 2014, 01:20 PM) can share link to your myfxbook? Sorry mate. All of myfxbook account are private viewing only. If you wanna see public account for someone to view, I will only public my account on ForexFactory during I am analyzing my trade. So the only way you see my performance either on Zulu or ForexFactory. You can search user kimisiow83, and go to Trade Explorer for my public viewer. By the way, I don't like using myfxbook anymore as it is able to edit there, and many inaccurate information there. FYI, myfxbook doesn't show difference on a DEMO or REAL or am I the real person who trade on it. So I can easily show you other person myfxbook. That's make me don't like to use myfxbook at all.This post has been edited by tdoptions1689: Apr 25 2014, 01:47 PM |
|
|
Apr 25 2014, 03:40 PM
Return to original view | Post
#120
|
|
Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
|
1 hour to go for GBP Retail Sales m/m. A forecast of -0.4% are pretty conservative. Hopefully it come out something now and drag back to heads up against EURO. Not bad on my guess yesterday on ECB Draghi Drama, as I estimate it won't put too much lagging pressure to the Cable, Cable should run the marathon with heads up.
|
|
Topic ClosedOptions
|
| Change to: |  0.0277sec
 0.62
 7 queries
 GZIP Disabled
Time is now: 5th December 2025 - 02:16 AM |
Quote