y GBP so strong...
until When???
Forex Version XIII, Foreign Exchange Market Discussion
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Jun 13 2014, 06:57 PM
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Senior Member
1,299 posts Joined: Nov 2010 |
Hu kena GBP???
y GBP so strong... until When??? |
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Jun 13 2014, 07:34 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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Jun 13 2014, 07:39 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
SL and TP in my opinion are Phycology rather than MATHS.
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Jun 13 2014, 07:40 PM
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Junior Member
128 posts Joined: May 2014 |
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Jun 13 2014, 08:24 PM
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Staff
12,089 posts Joined: Dec 2004 From: Malaysia |
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Jun 13 2014, 09:46 PM
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Senior Member
1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur |
QUOTE(tdoptions1689 @ Jun 13 2014, 05:11 PM) Let's take some Live example. EUR/JPY just created a long spikes. Actual my setup will failed on 138.30. But usually I will add up another 30 pips for YEN pair so my SL putting it on 138.60. So we can see a very long spikes there almost hitting my 138.60. But does it close above 138.30 on 4H. It didn't and closed on 138.2x. My setup still hasn't failed yet but if I put the actual of 138.30, I will gotten stop out already. Of course we yet to know its outcome, but if it turn to my way now? I didn't loss the trade and regain everything with profit. It is not about text book or what. It is about fact. If your expectancy is less than 0, you have no point trading, unless you aim to earn commission from trading, like IB.Probably many people wouldn't agree because text book didn't teach you this, but they will never know how much trade I have save with this kind of strategy. Anyway, I am not speaking from no where, but I am not going to prove anyone how profitable I am. I was in this forum since 2007, so call traders come and go So bro tdoptions1689, prove to me I am wrong, hope to see you here in the future for many many years But one thing for sure, I am a friendly guy, I don't have any intention to hurt anyone, apologize if what I type here offended you |
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Jun 14 2014, 12:37 AM
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Junior Member
167 posts Joined: Jan 2010 |
Bulkbiz is always the sifu, I'd been following this thread for almost 5 years.
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Jun 14 2014, 01:32 AM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(bulkbiz @ Jun 13 2014, 09:46 PM) It is not about text book or what. It is about fact. If your expectancy is less than 0, you have no point trading, unless you aim to earn commission from trading, like IB. No worry mate. It is indeed a good question regarding RR. I can't tell too much on how profitable I am now, but what I can show you are everything by live how my strategy work actually. I am just trying to explain that you won't have this kind of strategy written on some sort of text book. Even myself also struggling on RR for some time, and till today still I am trying to implement for getting better and better on my entry. I even dare to admit the biggest problem I am facing now are also phycological and this problem needs a lot of time for getting better.Anyway, I am not speaking from no where, but I am not going to prove anyone how profitable I am. I was in this forum since 2007, so call traders come and go So bro tdoptions1689, prove to me I am wrong, hope to see you here in the future for many many years But one thing for sure, I am a friendly guy, I don't have any intention to hurt anyone, apologize if what I type here offended you Yeah, a lot of people did say trading are all about maths. Did it mean we use a lot of maths on trading? Nope, I don't think so since we have a lot of convenient with MT4. You know the figures, you know the value, everything by automatic calculations. Since we have such convenient, to me nothing much about maths anymore but phycological on those figures. I dare to bring some live explanation on those trade that hasn't happen, because I know how my strategy works and the ratio of successful rate but it won't have 100% exact figures but at least nearby on expectation. We have the Aussie earlier, I can't remember to which member I was trying to explained on when he says SELL. I could do some explanation on exponential movement figures and it did happen. But with 100% of accurate on those figures, of course not but at least we have something nearby. We have EJ again just now. Entry with a SL of possible setup fail for estimated 35 pips, but to put some spaces of 30 pips on spikes. Does it went far from the distance on my expectation? So I can't take in account for spike spaces, but actual RR are just only 35 pips to put on 1:1. But if let's say I put on 35 pips without spike spaces, I had been gotten stop out and loss everything. Although we are near somewhere break even now, but I still stay on the trade with a potential of GREEN position, right? Maybe someone will says you should take the 30 pips into the account too because you might gotten SL for that. If an actual of 35 pips give you a 40% of successful rate, but another 30 pips you don't take to account give you a successful rate on 80% above, what will be your choice, with or without 30 pips? That's why what I have tried to let someone knows earlier, never take too much mistake on those RR because I have went through on those days. I had good intention on the explanation, it is depends on someone acceptance only. I am ready to share my successful trade and even failure trade, I am ready to share what I have learnt and had went through. Of course, there will be someone find it is valuable, and someone will find it is useless. But still, it depends on someone himself how he adapt on it. This post has been edited by tdoptions1689: Jun 14 2014, 01:37 AM |
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Jun 14 2014, 01:46 AM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
Someone might be laughing on my GBP failure, but I don't mind because as I mentioned, I am not a perfect 100% trader. I believe the outcome of Carney speaks wouldn't only surprise me, it will surprise a lot of traders too. A single speaks could change the whole movement of chart with a single candle without some signs of it. It is already out of my control area, and I have done my best job on it. Of course I have to accept the losses, the unexpected movement losses. What I have read on technical, everything went right on previous 12 hours before the speech, but 30 mins to change the whole chart. So nothing much I can do about it. If someone telling me it was a BUY on technical analysis before the speech, to me it is just some kind of lucks. 8 hours before CANDLESTICK was a HANGER MAN, 4 hours before it added a confirmation BEARISH candle. Everything were still good 3 hours before speech, the FINAL MINS it change the chart, so absolutely it is unpredictable at all and no signs of it gonna change the game pattern. I had learnt to accept loss, especially unpredictable losses. What I am more concern now are on my recovery of losses, and I know I can recover it.
This post has been edited by tdoptions1689: Jun 14 2014, 02:08 AM |
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Jun 14 2014, 10:47 AM
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Junior Member
128 posts Joined: May 2014 |
QUOTE(tdoptions1689 @ Jun 14 2014, 01:46 AM) Someone might be laughing on my GBP failure, but I don't mind because as I mentioned, I am not a perfect 100% trader. I believe the outcome of Carney speaks wouldn't only surprise me, it will surprise a lot of traders too. A single speaks could change the whole movement of chart with a single candle without some signs of it. It is already out of my control area, and I have done my best job on it. Of course I have to accept the losses, the unexpected movement losses. What I have read on technical, everything went right on previous 12 hours before the speech, but 30 mins to change the whole chart. So nothing much I can do about it. If someone telling me it was a BUY on technical analysis before the speech, to me it is just some kind of lucks. 8 hours before CANDLESTICK was a HANGER MAN, 4 hours before it added a confirmation BEARISH candle. Everything were still good 3 hours before speech, the FINAL MINS it change the chart, so absolutely it is unpredictable at all and no signs of it gonna change the game pattern. I had learnt to accept loss, especially unpredictable losses. What I am more concern now are on my recovery of losses, and I know I can recover it. Well someone had tell me its a buy from 8pm.. n thx to him |
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Jun 14 2014, 10:47 AM
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Senior Member
4,821 posts Joined: Mar 2009 |
QUOTE(bulkbiz @ Jun 13 2014, 09:46 PM) It is not about text book or what. It is about fact. If your expectancy is less than 0, you have no point trading, unless you aim to earn commission from trading, like IB. Look forward to your trade analysis in future Anyway, I am not speaking from no where, but I am not going to prove anyone how profitable I am. I was in this forum since 2007, so call traders come and go So bro tdoptions1689, prove to me I am wrong, hope to see you here in the future for many many years But one thing for sure, I am a friendly guy, I don't have any intention to hurt anyone, apologize if what I type here offended you |
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Jun 14 2014, 11:13 AM
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Senior Member
1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur |
QUOTE(lowya @ Jun 14 2014, 10:47 AM) I don't plan to do that, as I have no analysis at all. Besides, i don't see anyone here give analysis too, only buy and sell signal tips so call. I never plan to contribute anything here, I am here to kill my time. Please ignore my post. |
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Jun 14 2014, 12:10 PM
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
gbpusd mesti turun punya, from technical view can go down but we must wait
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Jun 14 2014, 12:15 PM
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Senior Member
4,821 posts Joined: Mar 2009 |
Here some contribution... do you know how zulutrade calculation of ROI is totally wrong?
from their support... » Click to show Spoiler - click again to hide... « |
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Jun 14 2014, 12:54 PM
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Senior Member
636 posts Joined: Jan 2003 From: One puppy a day... yum |
Bro lowya... Dunno why you're so intent on proving zulu is scummy or whatever. It goes with out saying that a roi figure for a SP with less than a year is going to be a projected figure. And the figure fluctuate non stop to reflect current value. Else those guys won't have a figure for a year.
Go check first eagle, bird65, hellboy, anyone from top 50 with at least 52 weeks. Then you tell me their roi is correct or not. |
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Jun 14 2014, 01:11 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(pai3355 @ Jun 14 2014, 12:10 PM) I don't know whether it will down or not, but currently view the whole chart has change to BULLISH. It is currently tested on 2009 highs. Current pullback doesn't bring any special at all, because it was lack of demand anymore since a lot of people STOP OUT and TP at 1.698x. It should be a long press down maybe, but can't really view which side it will go.This post has been edited by tdoptions1689: Jun 14 2014, 02:39 PM |
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Jun 14 2014, 01:13 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(floccrc @ Jun 14 2014, 10:47 AM) Congrats to you and him because every trader got their own read. Probably there are some function on MT4 you can get used such as NEWS. Some broker do provide some important message, even Hedge Fund, Technical Analyst Person, those TOP are on SELLING and surprise with CARNEY speaks.http://www.forexfactory.com/news.php?do=news&id=489840 Read those comment. No trader will find it make sense behind GBP. This post has been edited by tdoptions1689: Jun 14 2014, 02:38 PM |
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Jun 14 2014, 01:19 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(lowya @ Jun 14 2014, 12:15 PM) Here some contribution... do you know how zulutrade calculation of ROI is totally wrong? I know you are just an absolute donk. Asking a General Support for a Technical Question. You have what to says people wrong since there are Billion of Funds there? Blame here blame there, but got nothing. Those are proven, and register on USA regulatory. If he provide something fake to scam, they have already being investigated and closed down by Interpol or FBI. Do you know why a lot of broker doesn't accept USA, JAPAN and CANADA client? Because of worrying they can't get through on Interpol and FBI due to their strict regulatory.from their support... » Click to show Spoiler - click again to hide... « Secondly, as I says a thousand million of time. SP doesn't help you guys to do your Money Management and even ZULU didn't. You are the followers, you have to do your own MONEY MANAGEMENT. Follower A uses USD 500 for 0.01 Lots to follow as you mentioned with support, Follower B uses USD 300 to follow 0.01 lots. Do you think the outcome of initial capital + profit will be the same percentages? You are totally confusing with your own maths, don't blame on other person wrong. Go home and study your maths. It is not contribution, something making yourself shame on your SIMPLE maths. This post has been edited by tdoptions1689: Jun 14 2014, 01:50 PM |
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Jun 14 2014, 02:52 PM
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
QUOTE(tdoptions1689 @ Jun 14 2014, 01:11 PM) I don't know whether it will down or not, but currently view the whole chart has change to BULLISH. It is currently tested on 2009 highs. Current pullback doesn't bring any special at all, because it was lack of demand anymore since a lot of people STOP OUT and TP at 1.698x. It should be a long press down maybe, but can't really view which side it will go. it will go up for sure, as to make highest point in this year. Thats all. But it has a lot of bookmarks down below. Dont put stoploss because i'm sure it will going down at least in few weeks. Swing style is the best for now.*trader should target to 6880, not 6980 |
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Jun 14 2014, 03:09 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(pai3355 @ Jun 14 2014, 02:52 PM) it will go up for sure, as to make highest point in this year. Thats all. But it has a lot of bookmarks down below. Dont put stoploss because i'm sure it will going down at least in few weeks. Swing style is the best for now. Yeah. I mean it is on 1.6980 now after Carney speech. I was arguing with the market after the news and made another loss of 50 pips on final 1.6950 when the top of Cable expectation are only 1.6880. 1.6980 are 2009 resistance and it should be movement a probably of 1.7050 before it collapse a hard one, a very hard one. But it is hard to analyze now because it is really out of expectation chart and I am trying to keep away from it 1st. We can say it is best for swings now. But need to be extra careful now because this rose could leads a 100 pips of pullback before approaching making years high, then only collapse.*trader should target to 6880, not 6980 This post has been edited by tdoptions1689: Jun 14 2014, 03:12 PM |
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