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 Forex Version XIII, Foreign Exchange Market Discussion

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9kingsir
post Jun 10 2014, 03:57 PM

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QUOTE(tdoptions1689 @ Jun 10 2014, 03:54 PM)
I will prefer "Shi Bai" de Man. SUPERMAN sot sot de, wear underwear outside. No good.
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flex.gif wear underwear nevermind...

no everyone can do that.. haha

forex now is peanut..lol
Doggystyle
post Jun 10 2014, 04:04 PM

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QUOTE(tdoptions1689 @ Jun 10 2014, 03:56 PM)
Regret now. Changing from EXOTIC to Kiwi. Aussie Harmonic Wave are just too steep to follow and risky, but it still has so much of strength. Couple hundred of pips there. Pufff….. cry.gif  cry.gif  cry.gif
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Eh, pipchart breakout over already? Some great action yesterday since 2 week.
tdoptions1689
post Jun 10 2014, 04:04 PM

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QUOTE(lowya @ Jun 10 2014, 01:11 PM)
LONG CHF/JPY.
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Thanks for your post. If weren't your post, I won't notice there is some opportunity on Selling all against YEN.
tdoptions1689
post Jun 10 2014, 04:06 PM

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QUOTE(Doggystyle @ Jun 10 2014, 04:04 PM)
Eh, pipchart breakout over already? Some great action yesterday since 2 week.
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Not yet lar. Need 6,200 to breakout. tongue.gif
PAMM breakout already. USD 7400++ Balance resistance. brows.gif

This post has been edited by tdoptions1689: Jun 10 2014, 04:13 PM
tdoptions1689
post Jun 10 2014, 04:18 PM

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Very nice GBP/USD chart on 4H. We call this 3 SOLDIERS CANDLE PATTERN.
WHITE ACE
post Jun 10 2014, 04:40 PM

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QUOTE(WHITE ACE @ Jun 10 2014, 10:39 AM)
Here is my 2cents idea. Hope it will be practical for you to ponder upon or to try out.

Example: My favorite pair is EURUSD
Expected Daily movement is around 80~300 pips.
If your Account size is USD300 or below. You may just use lot size 0.01~0.03
Use 1Hr or 4Hr as your Time Frame. Execute your desire position by 15 or 30mins Time Frame. After executed your trade ....modify your TP set 200 pips from your executed price. Switch off computer, no psychological torture.Check few times a day if you like.
If it goes against  you, is ok. Just wait 2 or 3 days. Usually it hits your TP within 48 hours.
Ya....no SL. Cause SL makes you lose money in long run. Brokers love killing SL.

Happy trying out. Better result better emotion better time management. Forget all funky Indicators or news.
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If you had read the above before. The good news is.... Yesterday I made 200 pips per trade(I usually only do one trade). Today is 280 pips still counting....ya...let the profit flow. Set TP point at 250 if it drops bck. It works for me. Hope it works for u too. Ya...i got it SHORT. Wanna know why I SHORT EURUSD? The history will reflects the future in a good possibility.

Good luck n God bless.
9kingsir
post Jun 10 2014, 05:12 PM

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QUOTE(WHITE ACE @ Jun 10 2014, 04:40 PM)
If you had read the above before. The good news is.... Yesterday I made 200 pips per trade(I usually only do one trade). Today is 280 pips still counting....ya...let the profit flow. Set TP point at 250 if it drops bck. It works for me. Hope it works for u too. Ya...i got it SHORT. Wanna know why I SHORT EURUSD? The history will reflects the future in a good possibility.

Good luck n God bless.
*
200 pip? in a day??


WHITE ACE
post Jun 10 2014, 05:49 PM

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QUOTE(9kingsir @ Jun 10 2014, 05:12 PM)
200 pip? in a day??
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Why? Sounds impossible or what? Does it surprise you?
tdoptions1689
post Jun 10 2014, 05:59 PM

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QUOTE(WHITE ACE @ Jun 10 2014, 05:49 PM)
Why? Sounds impossible or what? Does it surprise you?
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Of course even to me. Because it just move 130 pips for the last 3 days including FRIDAY. Don't tell me you are a trader that doesn't even understand the difference between 5 decimals and 4 decimals.

This post has been edited by tdoptions1689: Jun 10 2014, 06:03 PM
Doggystyle
post Jun 10 2014, 06:23 PM

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QUOTE(tdoptions1689 @ Jun 10 2014, 04:18 PM)
Very nice GBP/USD chart on 4H. We call this 3 SOLDIERS CANDLE PATTERN.
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Does the doji that comes after the 3 soldier signify anything?
tdoptions1689
post Jun 10 2014, 06:27 PM

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QUOTE(Doggystyle @ Jun 10 2014, 06:23 PM)
Does the doji that comes after the 3 soldier signify anything?
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Nope. It should be actually 3 soldiers earlier and the 4th Bearish Candle. Due to 4.30 pm High Impact speculation, it created a DOJI on the 4th Candle. Otherwise, it should be BEARISH just as earlier another 3 soldiers. Sometime you can see I will have some mistake move too. If I didn't shift those exotic, I think we are already holding almost 1000 pips on the 2nd day of the week.

This post has been edited by tdoptions1689: Jun 10 2014, 06:31 PM
WHITE ACE
post Jun 10 2014, 06:47 PM

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QUOTE(tdoptions1689 @ Jun 10 2014, 05:59 PM)
Of course even to me. Because it just move 130 pips for the last 3 days including FRIDAY. Don't tell me you are a trader that doesn't even understand the difference between 5 decimals and 4 decimals.
*
My bad...i was accustomed to it since most brokers had 5 decimals. Lucky you, if your broker still using 4 decimals. A pip refer to the smallest number that jump. You may Google it. Usually they called mine a fraction of pip in old days when they are using 4 decimals. Look...what about JPY?
tdoptions1689
post Jun 10 2014, 07:03 PM

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QUOTE(WHITE ACE @ Jun 10 2014, 06:47 PM)
My bad...i was accustomed to it since most brokers had 5 decimals. Lucky you, if your broker still using 4 decimals. A pip refer to the smallest number that jump. You may Google it. Usually they called mine a fraction of pip in old days when they are using 4 decimals. Look...what about JPY?
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No people will call that pips. We will either describe as piplet. sweat.gif sweat.gif sweat.gif
WHITE ACE
post Jun 10 2014, 07:09 PM

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QUOTE(tdoptions1689 @ Jun 10 2014, 07:03 PM)
No people will call that pips. We will either describe as piplet. sweat.gif  sweat.gif  sweat.gif
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Well ok, anyway. As long as I made profits 😉👌
tdoptions1689
post Jun 10 2014, 07:24 PM

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QUOTE(WHITE ACE @ Jun 10 2014, 07:09 PM)
Well ok, anyway. As long as I made profits 😉👌
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notworthy.gif thumbup.gif rclxms.gif
WHITE ACE
post Jun 10 2014, 07:34 PM

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QUOTE(tdoptions1689 @ Jun 10 2014, 07:24 PM)
notworthy.gif  thumbup.gif  rclxms.gif
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Thanks bro. What do you think of this EURUSD on this week?

I guess this week gonna favor SHORT.

This post has been edited by WHITE ACE: Jun 10 2014, 07:35 PM
tdoptions1689
post Jun 10 2014, 07:44 PM

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QUOTE(WHITE ACE @ Jun 10 2014, 07:34 PM)
Thanks bro. What do you think of this EURUSD on this week?

I guess this week gonna favor SHORT.
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Not so sure. but 1.341x are more favorable for support instead of 1.352x are just too weak to hold. Might be some pullback after this and continuing until 1.341x, won't likely 1.352x can hold for long. Just 2 cents of view.

This post has been edited by tdoptions1689: Jun 10 2014, 07:51 PM
9kingsir
post Jun 10 2014, 07:45 PM

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QUOTE(WHITE ACE @ Jun 10 2014, 06:47 PM)
My bad...i was accustomed to it since most brokers had 5 decimals. Lucky you, if your broker still using 4 decimals. A pip refer to the smallest number that jump. You may Google it. Usually they called mine a fraction of pip in old days when they are using 4 decimals. Look...what about JPY?
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that y i am very surprise..

I am a trader too..

if u tell me that u can make 200pip in a day with 1 single position... then its impossible where the price does not have that kind of volatility... and now dont tell me its gold...


if u r refering to 200 piplets.. yes.. everybody can do that..



tdoptions1689
post Jun 10 2014, 08:08 PM

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Heart so pain… Looking at those EXOTIC boom boom boom non stop. Haiz… Not a single account put on that trade. cry.gif cry.gif cry.gif
WHITE ACE
post Jun 10 2014, 09:05 PM

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QUOTE(9kingsir @ Jun 10 2014, 07:45 PM)
that y i am very surprise..

I am a trader too..

if u tell me that u can make 200pip in a day with 1 single position... then its impossible where the price does not have that kind of volatility... and now dont tell me its gold...
if u r refering to 200 piplets.. yes.. everybody can do that..
*
Great! Everyone are winners n making money. :-)

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