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 Forex Version XIII, Foreign Exchange Market Discussion

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WHITE ACE
post Jun 12 2014, 10:26 AM

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Attached Image

just sharing, this is fun to those who love trading EURUSD. The direction is.... which way ya sweat.gif
tdoptions1689
post Jun 12 2014, 10:29 AM

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QUOTE(Doggystyle @ Jun 11 2014, 09:35 PM)
I just checkout the forexboys.com you recommend earlier. The monthly profit are wildly different (not a complain). I guess that matches most of the high ranking zulu guys. Well, like you said, shouldnt be too hung up over monthly profit.
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Might check on rapacapintro.com too. There are a lot of ELITE TRADER there and Gleneagle Securities has run for couple of years with a very good reputation. Those are all ELITE, real ELITE with REAL ACCOUNT. So if an ELITE TRADER only with an average of 30% annually growth, I really wondering what those people dreaming when all of them are not ELITE and dream for 5% DAILY. When someone could score a 5% Monthly with consistency, they are absolutely could become an ELITE already. Many failure trader wasn't because of their strategy, it is because of their day dreaming. If I can score 5% daily ar, I terus buka MLM group, kurang kurang can sapu couple of billion oo...

This post has been edited by tdoptions1689: Jun 12 2014, 10:55 AM
tdoptions1689
post Jun 12 2014, 10:31 AM

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Walao eh… Lagi sikit kena stop out on GBP/AUD oh… What a long long spike. icon_question.gif icon_question.gif icon_question.gif
Doggystyle
post Jun 12 2014, 10:41 AM

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QUOTE(tdoptions1689 @ Jun 12 2014, 10:31 AM)
Walao eh… Lagi sikit kena stop out on GBP/AUD oh… What a long long spike.  icon_question.gif  icon_question.gif  icon_question.gif
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Yar bro.. Woke up check zulu. Aiks.. Dd banyak.
tdoptions1689
post Jun 12 2014, 10:48 AM

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QUOTE(Doggystyle @ Jun 12 2014, 10:41 AM)
Yar bro.. Woke up check zulu. Aiks.. Dd banyak.
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I also just woke up. Tengok itu spike so scary. DD tak apa, as long as tak kena stop out and seeing such spike means ada chance lor. The curse of 6K coming again. icon_question.gif icon_question.gif icon_question.gif
Doggystyle
post Jun 12 2014, 11:00 AM

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QUOTE(tdoptions1689 @ Jun 12 2014, 10:48 AM)
I also just woke up. Tengok itu spike so scary. DD tak apa, as long as tak kena stop out and seeing such spike means ada chance lor. The curse of 6K coming again. icon_question.gif  icon_question.gif  icon_question.gif
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Yeah if only the darn zulu interface can show the entry point on chart nicely like Forex factory profile. I can't see it on phone due to flash...

WHITE ACE
post Jun 12 2014, 11:01 AM

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QUOTE(tdoptions1689 @ Jun 12 2014, 10:48 AM)
I also just woke up. Tengok itu spike so scary. DD tak apa, as long as tak kena stop out and seeing such spike means ada chance lor. The curse of 6K coming again. icon_question.gif  icon_question.gif  icon_question.gif
*
Hehe...not scarry lah. It was part of the expected. When we look at the Weekly or Monthly TF we can have better gauge on the direction. Calculation of probability and money management is part of the homework. Cheers. biggrin.gif
tdoptions1689
post Jun 12 2014, 11:16 AM

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Many people doesn't know how actually MLM work or MG (Money Game) work. They only says itu MLM sahaja, tapi tanya what is MLM, they need cari downline then that's call MLM. How actually MLM or MG management work?

There are 2 differentiate on paying those leader, one is BINARY and another is Multi-Level.

So how their payout works? Collecting the initial capital, a 30% payout to referral is a must or a maxitum to run it no matter on BINARY or Multi-Level. So if you are free, go for some MLM marketing selling, make your own calculation and you will find out the max payout no matter pairing lar, ini lar, itu lar, final you will get a 30% payout from the initial capital of joining person. So don't you think it is something make sense if I can score 5% daily to open an MLM group? So I just payout for 30% over the MLM structure, I terus dapat 70% by the end of month bersih bersih on the initial investor capital.

I am wondering have you guys heard about Brig Hart, the Author, the Owner of R3Global. He is a pastor, but using the Bible words as motivation tools to become a Master of Network Marketing. R3= Restoration, Revival, Restitution.

Learn those 3 words, it will change your life. Of course, I am not recommending someone to join on MLM now. But believe me, MLM motivate type to a person are extremely valuable. icon_rolleyes.gif icon_rolleyes.gif icon_rolleyes.gif
Charizard
post Jun 12 2014, 11:56 AM

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Shorted AUDUSD after a super long pinbar on weekly resistance this morning 7am before I go to work. Just now I checked, my 0.9399 SL triggered. I checked chart online, it didn't shot up that high before went down.. this is slippage? :confuse:
tdoptions1689
post Jun 12 2014, 12:03 PM

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QUOTE(Charizard @ Jun 12 2014, 11:56 AM)
Shorted AUDUSD after a super long pinbar on weekly resistance this morning 7am before I go to work. Just now I checked, my 0.9399 SL triggered. I checked chart online, it didn't shot up that high before went down.. this is slippage? :confuse:
*
This is call KARATE. sweat.gif sweat.gif sweat.gif
Charizard
post Jun 12 2014, 12:11 PM

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Maybe when I back home, gonna printscreen and mail to them.
tdoptions1689
post Jun 12 2014, 12:21 PM

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QUOTE(Charizard @ Jun 12 2014, 12:11 PM)
Maybe when I back home, gonna printscreen and mail to them.
*
Can try. But I will help them answer you. They will answer you this way:

It happens because our BID and ASK is according to our GOOD Liquidity Provider.

Therefore, you will give them ZHA DOU and can do nothing lor. brows.gif brows.gif brows.gif

This post has been edited by tdoptions1689: Jun 12 2014, 12:22 PM
Charizard
post Jun 12 2014, 01:20 PM

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dam.... its my first time experience slippage.. sweat.gif
Rili Toma
post Jun 12 2014, 01:22 PM

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I saw audusd uptrend support broken. is it a good time to short audusd?
SUSlowya
post Jun 12 2014, 01:26 PM

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QUOTE(Charizard @ Jun 12 2014, 11:56 AM)
Shorted AUDUSD after a super long pinbar on weekly resistance this morning 7am before I go to work. Just now I checked, my 0.9399 SL triggered. I checked chart online, it didn't shot up that high before went down.. this is slippage? :confuse:
*
broker (or rather currency market makers) use news as a excuse to widen spread claiming volatility surge, aka stop hunting. Best weapon to kill accounts.

Let me try help you out...

USDAUD high before news was 0.9407 (ask price) the news push it up to 0.94147 (ask price) 0.94097 (bid price) a difference of ask price by 7.7 pips with a news spread of 5.0, your stop was less than 7.7pip from high (ask price) i believe. Please confirm if your broker has this similar observation.

By the way which broker were you referring to?
tdoptions1689
post Jun 12 2014, 01:32 PM

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QUOTE(Rili Toma @ Jun 12 2014, 01:22 PM)
I saw audusd uptrend support broken. is it a good time to short audusd?
*
A lot of minor support on AUD/USD. Major support are on 0.9362 and also with 20 EMA. Current is pullback instead of reversal. sweat.gif sweat.gif sweat.gif

Resistance are on 0.9390 -0.9400 as Major. If broken it might easily to put it on previous high at 0.943x area and we might possibly seeing 0.95 on next week as the next resistance.

BTW, on technical analysis to me, we don't take count on FUNDAMENTAL speculations of price. Usually, FUNDAMENTAL brought some what they call as FALSE BREAKS as just happened this morning on the Aussie. At this point, you can only trade BUY instead of selling it. SL putting it on 0.932 might be the safest are as just below 50 EMA. If you wanna play safe, you should enter on 0.945 after pullback somewhere around 0.9410. 2 cents of view, don't follow.

This post has been edited by tdoptions1689: Jun 12 2014, 01:55 PM
SUSlowya
post Jun 12 2014, 01:51 PM

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QUOTE(Rili Toma @ Jun 12 2014, 01:22 PM)
I saw audusd uptrend support broken. is it a good time to short audusd?
*
9 mins to short it, or long it.
Rili Toma
post Jun 12 2014, 01:57 PM

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QUOTE(tdoptions1689 @ Jun 12 2014, 01:32 PM)
A lot of minor support on AUD/USD. Major support are on 0.9362 and also with 20 EMA. Current is pullback instead of reversal. sweat.gif  sweat.gif  sweat.gif

Resistance are on 0.9390 -0.9400 as Major. If broken it might easily to put it on previous high at 0.943x area and we might possibly seeing 0.95 on next week as the next resistance.

BTW, on technical analysis to me, we don't take count on FUNDAMENTAL speculations of price. Usually, FUNDAMENTAL brought some what they call as FALSE BREAKS as just happened this morning on the Aussie. At this point, you can only trade BUY instead of selling it. SL putting it on 0.932 might be the safest are as just below 50 EMA. If you wanna play safe, you should enter on 0.945 after pullback somewhere around 0.9410. 2 cents of view, don't follow.
*
ah, thanks!

QUOTE(lowya @ Jun 12 2014, 01:51 PM)
9 mins to short it, or long it.
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hmm why? Because of new candle stick?
Charizard
post Jun 12 2014, 02:01 PM

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QUOTE(lowya @ Jun 12 2014, 01:26 PM)
broker (or rather currency market makers) use news as a excuse to widen spread claiming volatility surge, aka stop hunting. Best weapon to kill accounts.

Let me try help you out...

USDAUD high before news was 0.9407 (ask price) the news push it up to 0.94147 (ask price) 0.94097 (bid price) a difference of ask price by 7.7 pips with a news spread of 5.0, your stop was less than 7.7pip from high (ask price) i believe. Please confirm if your broker has this similar observation.

By the way which broker were you referring to?
*
Vantage fx. Gonna check with broker when back tonight. hmm.gif
tdoptions1689
post Jun 12 2014, 02:13 PM

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You can see now the big ghost coming to play on the Aussie. It pushes up and retest on 0.9390 - 0.9400 resistance. I have 80% of confidence it will break this time building another higher high. It can't create a DOUBLE TOP with such of PA and CANDLE movement.

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