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 Forex Version XIII, Foreign Exchange Market Discussion

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mark001
post Mar 6 2014, 11:32 PM

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QUOTE(9kingsir @ Mar 6 2014, 11:29 PM)
rclxms.gif u haven went to study on forex but oredi play live..

U din read all post here b4.. Tell how many times usd 100 is not enuf...

Buang masa saja.. Duit sikit itu mesti koyak!  vmad.gif  doh.gif

Learn b4 u trade...

There is no forex academy same as mine...

U can learn from sifu here n read up at babypips.com
*
I mean fxacademy.com
MonsterPips
post Mar 7 2014, 06:35 AM

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QUOTE(mark001 @ Mar 6 2014, 10:59 PM)
Live.  Tried 100 only. Haven't open demo. Planning to study finish forex academy only think of opening.  Any suggestion whether forex academy is good for newbie?
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100 is enough to learn. trade micro account with 0.01 lot size. appreciate what you gain even it is less than $1. and take it seriously if you loss $1.

if you cant control $100, you cant control $10000.
mpips
post Mar 7 2014, 08:17 AM

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Reading local malay forum, there is one pamm account that helped traders trade.

Initial result was impressed and profitable. After 1 month, MC. Why MC?

Didn't take care of MM. USD7k account can play till 3 lots. doh.gif doh.gif
9kingsir
post Mar 7 2014, 08:18 AM

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QUOTE(MonsterPips @ Mar 7 2014, 06:35 AM)
100 is enough to learn. trade micro account with 0.01 lot size. appreciate what you gain even it is less than $1. and take it seriously if you loss $1.

if you cant control $100, you cant control $10000.
*
Yes..100 is enough to learn not earn..

If u wan to learn.. Try demo first..

Do not put in a single cent if u r a student..
Do not play live without demo..

As master dark force say.. If u r the type of set SL.. 5% risk equal to 5usd= 50pips..=0.01
I bet not everyone can resist the greed level..



9kingsir
post Mar 7 2014, 08:24 AM

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QUOTE(mpips @ Mar 7 2014, 08:17 AM)
Reading local malay forum, there is one pamm account that helped traders trade.

Initial result was impressed and profitable. After 1 month, MC. Why MC?

Didn't take care of MM. USD7k account can play till 3 lots.  doh.gif  doh.gif
*
rclxms.gif that is call luck...plus greed

If u have 7k.. It's quite impossible to lose all unless u gamble it...


greed+MM+ gamble = sure die


bruce.gif
cool2.gif
mpips
post Mar 7 2014, 08:36 AM

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QUOTE(9kingsir @ Mar 7 2014, 08:24 AM)
rclxms.gif that is call luck...plus greed

If u have 7k.. It's quite impossible to lose all unless u gamble it...
greed+MM+ gamble = sure die
bruce.gif
cool2.gif
*
But it is hard to believe that "they" are so easily to believe and join while mine one no one joins... whistling.gif whistling.gif whistling.gif
9kingsir
post Mar 7 2014, 08:52 AM

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QUOTE(mpips @ Mar 7 2014, 08:36 AM)
But it is hard to believe that "they" are so easily to believe and join while mine one no one joins...  whistling.gif  whistling.gif  whistling.gif
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Let see who is more flex.gif drool.gif ...

I Oso just started forex academy ..

Already have 3 participant...

rclxm9.gif nod.gif icon_rolleyes.gif
mpips
post Mar 7 2014, 08:56 AM

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QUOTE(9kingsir @ Mar 7 2014, 08:52 AM)
Let see who is more  flex.gif  drool.gif ...

I Oso just started forex academy ..

Already have 3 participant...

rclxm9.gif  nod.gif  icon_rolleyes.gif
*
academy is forex education center? brows.gif
9kingsir
post Mar 7 2014, 09:06 AM

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QUOTE(mpips @ Mar 7 2014, 08:56 AM)
academy is forex education center?  brows.gif
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icon_rolleyes.gif mine more to earning rather than education...

Yes, in my academy u learn abit basics but it more to how to earn..
Fast track..

Forex u learn 10years Oso can't finish..


bruce.gif
mpips
post Mar 7 2014, 09:07 AM

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QUOTE(9kingsir @ Mar 7 2014, 09:06 AM)
icon_rolleyes.gif mine more to earning rather than education...

Yes, in my academy u learn abit basics but it more to how to earn..
Fast track..

Forex u learn 10years Oso can't finish..
bruce.gif
*
Good. Any reference?
9kingsir
post Mar 7 2014, 09:12 AM

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QUOTE(mpips @ Mar 7 2014, 09:07 AM)
Good. Any reference?
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Meaning?
9kingsir
post Mar 7 2014, 10:44 AM

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Anyone notice that the over bought on any pair like GJ,EJ,EU,GU,GAud will last for within 3 hours before it have the chance to reverse?

Ema thin lining shows ranging ( swing) unless big news and sharp spike..

So dun over confidence that when u see overbought or oversell straight jump into the wagon.. From S&R Oso can boost against your direction..

This is the market maker strategy to kill recent use indicators.. Razor those SL..



mpips
post Mar 7 2014, 10:21 PM

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nice NFP, GOLD, EU, GU tongue.gif
SUSMNet
post Mar 8 2014, 10:01 AM

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US dollar claimed a 6 week high against the Yen, made good on gains from positive US employment data. Meanwhile, though both Sterling and EURUSD made gains this week with the EURUSD hitting a high of 1.3915 (before pairing back), a level not seen since October 2011.

The South African Rand was a big loser this week, falling 1.1% and the Canadian Loonie declined on worse than expected jobs data, indicating that the central bank may need to cut rates to boost economic growth.
9kingsir
post Mar 9 2014, 10:46 PM

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QUOTE(mark001 @ Mar 6 2014, 11:32 PM)
I mean fxacademy.com
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Can u let us know how u burst your usd100 account?

In details... Please ...
mark001
post Mar 9 2014, 10:55 PM

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I didn't know that it has margin level whereby it will force sell when it drop until certain percentage.
9kingsir
post Mar 9 2014, 11:51 PM

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So how many pairs did u trade on?
mark001
post Mar 10 2014, 04:29 AM

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roughly about 8 or 9? with about 60% is forced sell so it makes me burst my account. still have few bucks have in the account now.
9kingsir
post Mar 10 2014, 04:37 AM

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QUOTE(mark001 @ Mar 10 2014, 04:29 AM)
roughly about 8 or 9? with about 60% is forced sell so it makes me burst my account. still have few bucks have in the account now.
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Yes.. That is the most frequent mistake that a newbie would have done...

That is y I said b4. Those doesn't learn b4 on forex will burst account becos of these factors..

8-9 pairs sure will kill u... Margin is too small to hold that kind of pairs...

Don be greedy on pairs... Just take euro.. To me.. It can pair to usd,jpj,gbp,gold,chf,aud that is oredi 6.. The rest pairing I would not like to mention... Don think that euro let say got news for long doesn't mean all would long for euro...

I remember back in 2 years.. Some one told me that is usd drop mean all other paring will follow..
Today he still not have good result in forex...


propertymart
post Mar 10 2014, 12:59 PM

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QUOTE(MonsterPips @ Mar 7 2014, 06:35 AM)
100 is enough to learn. trade micro account with 0.01 lot size. appreciate what you gain even it is less than $1. and take it seriously if you loss $1.

if you cant control $100, you cant control $10000.
*
smile.gif

small is good

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