Good luck guys~
Give us a nice Profit April like March~
-DarkForceS
This post has been edited by zDarkForceSz: Mar 30 2014, 10:53 PM
Forex Version XIII, Foreign Exchange Market Discussion
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Mar 30 2014, 10:52 PM
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#21
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
New trading week & month coming!
Good luck guys~ Give us a nice Profit April like March~ -DarkForceS This post has been edited by zDarkForceSz: Mar 30 2014, 10:53 PM |
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Mar 31 2014, 08:06 AM
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#22
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(Boykidz93 @ Mar 31 2014, 06:42 AM) Bro don't guess what the market will do next.flow with the market. Trade what you see on your chart, not what you heard or what you feel. Just like the CADs trades, you think is weak but end up strong last week. Try to look back why you lose on specific trades over the weekend and think how to improve it. what you need is a strategy. you need to demo out and find a strategy that suits you. we can't blindly follow signal. for EU, what I see from my chart, I will wait for a SL hunt back to top for better pricing to short. too many bear players into the pair not a good thing for the bank to continue run down. Time will tell. -DarkForceS |
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Mar 31 2014, 09:36 AM
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#23
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(Boykidz93 @ Mar 31 2014, 08:26 AM) thanks for reply This is what happen to newbie.really help me, HAHAHAHAHA because last friday i trade (SELL) EURUSD, until now its still above my sell line Let me explain this way, Forex is the "pond" built by BigBoys (bank, hedge funds, fed & etc), and we are the "fish" that lives in the "pond". In order to win money in trading, some one has to lose money! (This is fundamental rules) BigBoys throw out their "fishing nets" everyday to catch "fish". "fishing nets" = traps. 98% Retailers fails in forex. only 2% succeed in making money. BigBoys buy low, sell high. And what happen to us is, trade during the trend / almost end of the trend. Look at all tf and build your analysis! You cannot know what BigBoys doing just by looking at 1 tf. Pippin ain't easy, I can tell you truthfully I'm just like you at the beginning and I burn myself twice. If you want earn money in the trading game. I suggest you trade demo first until you can consistently make profit. I always repeat this, 1. learn money management, risk only 1% to 4% on each trade anything beyond that is gamble. (this is the only thing that protects your account) 2. control you inner demon aka GREED. No greed is always green! 3. find a most suitable strategy for yourself! 4. demo demo demo and master every piece of the 1-3. 5. dont envy how much people made, but use that as pushing fuel for yourself to become one! I spend almost 2years to just achieve what I have today, just a small result to my target, but I'm happy with the small result from what I have been working out days and nights. Forex is not a fortune tool that makes you rich after 1 night. Those advertisement is just misleading and bringing false hope. And is not suitable for everyone. |
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Mar 31 2014, 09:04 PM
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#24
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(bulkbiz @ Mar 31 2014, 06:02 PM) Agreed with most of it other than "big boys buy low and sell high". You sure? hehehe. Anyway, good advice to novice trader. Forex is their game, they are the one manipulating the market.Is just like stock, where deals is clearly there. BigBoys can check how much of retailer short/long at certain price. In order for them to win money, we must touch SL/Close in negative. What is liquidity? Is when they deceive retailer long and they short, or they deceive retailer short and they long. The more retailer is deceived to long the better the liquidity for bank to short. The more retailer is deceived to short the better the liquidity for bank to long In order for 1 to buy, the other must sell. Hope you get the idea. This post has been edited by zDarkForceSz: Mar 31 2014, 09:06 PM |
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Mar 31 2014, 09:15 PM
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#25
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1,938 posts Joined: Nov 2009 From: Bolehland |
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Mar 31 2014, 09:46 PM
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#26
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1,938 posts Joined: Nov 2009 From: Bolehland |
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Apr 1 2014, 12:27 PM
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#27
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(bulkbiz @ Apr 1 2014, 10:36 AM) that is broker, not bank. and broker only do that to small timer. If you are trading 10 standard lots, they will pass to bank direct instead of betting against you. Micro-mini lots retail traders that is scalping or day trading the market will almost 99% fail. My broker do provide official receipt which bank took the order.Is really depends on your broker. |
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Apr 1 2014, 02:03 PM
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#28
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(bulkbiz @ Apr 1 2014, 01:04 PM) oic, means you are using ECN type. Mine is dealing desk. I use ibfx/tradestation. your broker switzerland based ke bro yes, i'm using ecn type. dealing desk technically is a bit troublesome.my broker australia based. but is a new rising broker. some traders take over the company and managed it. |
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Apr 2 2014, 03:42 PM
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#29
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(qwertyuioped @ Apr 2 2014, 10:37 AM) FXCM UK is having 1:200 leverage if im not mistaken. lower leverage is better for us anyway in a way that we wont open carzy big lots that will wipe our account. xD for a well discipline trader, even if the leverage is 1:10000 is doesn't really a matter.Money Management is the basic of trading, without MM even 1:1 also useless. |
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Apr 3 2014, 01:00 PM
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#30
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(ProperTYcoon @ Apr 3 2014, 10:17 AM) Currently using one Platform which is not quite reliable, in terms of withdrawal and all the charges. Hey bro, long time no updates how you doing?Looking for a better platform to jump ship, anyone got any recommendation? You still using FxPrimus right? My current broker only accept deposit/withdraw through Foreign TT. But in term of service and etc is really good. So far so good for me. |
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Apr 6 2014, 12:00 AM
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#31
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
haha silent mode is good
I do always advice people to demo and find your own suitable strategy until you can consistently making money then only jump in to real trading world. Build your own strategy and stop following people's signal. We can rely on people's signal forever! You need to have your own way to be in that 2%. As always you need to put in your effort and you will get a good result one day! Listen and keep in your mind can save you from blood spill. I personally met and told @9kingsir, is not easy to make money in forex, you need spend your time & energy and do research. He listen and learn, and he save himself a lot blood. No need to go through those sh!t I passed through. Those high & low time, no one understand except yourself that facing that sh!t. I hope what I taught @9kingsir that day is still useful in his trading today. Indicator is a lagging tool, don't rely too much on it. Debate on broker is just a waste of time since I got no issues with my broker and I get my profit to feed myself. And I know some member here do feed themselves from forex's profit and bought property and etc. Trading Forex is about involving yourself in a Bull & Bear war fighting each other from level to level or support to resistance & vice versa. There is a place called the "no man land" in a war because that area is bound to get bombard from both side artillery shells. If you do not aware of that, the chance of getting your SL hit is very high, even if the direction of your trade is proven right eventually. How to get the right entry timing outside the "no man land" is the only thing that what we worth debate for!!! This post has been edited by zDarkForceSz: Apr 6 2014, 12:14 AM |
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Apr 6 2014, 11:18 PM
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#32
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1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(toughproblem @ Apr 6 2014, 03:21 PM) Nice info bro. This really save me a lot of time. Is still working in forex.Appreciate your advice, master zDarkForceSz. You seem like a nice guy, since you are willing to sacrifice your time to teach others how to trade forex by meeting face to face. Trading other's people signal doesn't mean that one do not develop his own strategy and doesn't mean that one do not put in effort in his trading. Looking at other people's trade advice is a good way to improve our winning percentage. This is to find out are there any people in this world can do better than what we achieve at this moment. The world is so big and there are so many possibility. Even you can get no. 1 here, you may be the last in other places. We must prepare our-self in case the only strategy that we developed failed to work in the future. "No man land" warfare is outdated about 100 years ago since the end of world war 1, nowaday people are fighting "maneuver warfare" which focus on high mobility. Today if you still holding ground and create a front line against your enemy in between a "no man land", your enemy can simply eliminated you by airlifting one battalion of soldiers to attack your back or flanks using high mobility helicopter. So things can change, just like a broker, it can go bankrupt, spread and slippage widen, become outdated when all new brokers are start to use 5 digits quotes while your broker are still using 4 digits quote or mix 4 digit and 5 digit instruments together which make the trader feel uncomfortable. So we must prepare our-self in case our broker gone bad. It is no harm to spend a little time to look at other brokers. Don't confine yourself inside a small pool. Forget one thing, after world war 1 people are actually fighting "Trench warfare" in world war 2 before shifting to the popular "maneuver warfare" in the modern era. Note that during world war 2 people are not trading currency and currency trading is only introduced after world war 2 due to the big fluctuation in currency observed in WW2. Things are actually changing all the time. Why 98% retail traders fail because they enter their position in the "No man land" using tight SL. The broker thing I repeat quite a number of time last year. Pick yourself a regulated ECN broker will be fine. Dealing Desk will always have some problem. Maket Maker broker like INSTAFOREX is those type that can manipulate the price on different client's chart and manage their execution order. If you really want to know where is your trade is from, then use my broker Global Prime AU and request the f***ing receipt! I had enough answering the simple question over and over again years over years. BTW the signal thing. I try everything in my early days of trading and nothing is working. Lose more than what I win. Can't even cover and eventually burn~~~ Spend money here and there buying this signal that signal, all non sense -.- Trust yourself, believe what you can achieve, and you put in all your effort, so you will success. I mean no harm or lanci or what ever sh!t. I just don't wish to see people's blood flow like river, like what happen to me few years ago. @9kingsir knows what I meant hehe - DarkForceS This post has been edited by zDarkForceSz: Apr 6 2014, 11:23 PM |
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Apr 6 2014, 11:26 PM
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#33
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(tdoptions1689 @ Apr 6 2014, 07:13 AM) Hi, I just don't want to see reckless newbie jump in to the pond knowing nothing and killed by bigboys.There are some I don't really agree on you. Believe me, don't ever trade on DEMO account. Demo is absolutely not a place for NEWBIE trader, DEMO are for the people who is trying their EA or ROBOT maybe more people will know. If someone really interested treating forex as your future career, learnt it even in MICRO account or even CENTS account. REAL MONEY and EMOTIONAL come in play a big role if you are SWING or INTRADAY trader. Human being only learnt their own lesson when they feel hurt, they won't wake up when there is no hurt. I have see a lot of them doing well in DEMO, but by the end they starting to scare money when they are on real account .Own strategy actually not so hard to find. Be creative to create something suitable for you. SETUP is nice, go in. SETUP has failed, take the small loss and get out, wait for the new SETUP. When come across everything and gained all the experience needed, you will know everything is actually BACK TO THE BASIC. Automatically will awake during learning days, making it too much complicated, confusing and contradicting from a good strategy. Hope it helps. I know what is the f***ing feeling of losing all the money. everyday SL SL SL SL. I end up what I'm today after a long term of demo-ing after all those reckless day. I does have emotion trading DEMO if you are serious on what you're trying to do and achieve! hope it helps. -DarkForceS |
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Apr 7 2014, 12:05 AM
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#34
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(tdoptions1689 @ Apr 6 2014, 11:31 PM) Oh my gosh, I am absolutely agree what you have said. Following some other people signal, doesn't mean someone are just only following if they know how to ask themselves why this guy open, and why this guy close the trade. Trade advice and those experience shared by qualified trader are extremely important for updating and mastering trading skills. Instaforex is a Market Maker.One more thing I don't agree are someone saying on Lagging Indicators. Human being love to defend themselves they are always the right person in point when they can't master something in the correct way. I know many books has says those are lagging indicator, never use on it. It is the matter on how you read those indicator, and how it works for you better on future prediction or I prefer to say it as master guideline for market movement. I am fully a Tech Guy in trading, or Technical Trading. As I says earlier on my post, when you have went across all the days, you will start to understand everything actually just BACK TO THE BASIC. I have met a lot of Trader, and they are wondering on me how I trade with such simple chart or what they called Lagging Indicator without drawing a lot of Trend Line, Diagonal Trend Line, Fibonacci, Channeling or so on. Yes, that's my trading style and it makes me feel absolutely comfortable without any confusion and contradiction. When I say back to the basic, it really back to the basic. I just need couple of MA and S & R for my charts as my master guideline. With the addition of my studies on Candle Pattern and Wave Analysis, that is much more easier. It is fully depend on how you interpret and master those indicator, not the matter it is lagging or not. Technical Trading doesn't mean I feel Fundamental was useless, we do avoid the volatility of Fundamental as for us it is just kind of luck trading and speculations from the Retail Traders. But does Fundamental really useless for trading? I don't think this way. It is the matter on how you interpret and forecasting those figures on High Impact. Yes, broker need to do in depth research because no matter how good you have master trading and profiting, your broker can't pays you means you are nothing. Just an example, most of the Malaysian are using InstaForex. They though they are safe broker, just because a lot of IB is drawing a nice picture to them. So they don't know they are using an unregulated broker, getting dropped and revoked license by IFSC on November 2013, can't pay those International Trader that are really qualified and profiting, voted SCAM in most review, and the most part are on the Technical. And example they are still offering 4 Digits trading, a 3 pips spreads on the Majors, 7 pips on the Crosses, 10 pips on the Exotic, and even 60 pips on the commodities. But actually most of the Broker has already doing 5 digits trading, ECN trading, or even fixed spread 1.2-2 pips on the Majors, or 20 pips on the Commodities are already consider high spreads. So doing some research on broker before starting trade with them is a must. Is like buying toto over the phone with illegal dealer. |
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Apr 7 2014, 12:14 AM
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#35
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(tdoptions1689 @ Apr 7 2014, 12:05 AM) As I says earlier, even ECN broker are still on GREY AREA and no broker is absolutely clean. Just what I mentioned earlier, your broker doing the same thing. They will always tell you no Dealing Desk, direct dealing with BANK or so called liquidity provider, but none of them directly tell you who their liquidity provider is. I think toughproblem mentioned on signal, actually hoping looking to find some area with some true trader that could share on experience what they are trading, so he can go through slowly on their trade and learn from them. QUOTE(tdoptions1689 @ Apr 7 2014, 12:08 AM) Take my words. Even forex.com is market maker. How you avoid them from hunting you, that's the thing you need to know. Still the same, all broker are still on GREY AREA. Grey or not grey I still eat and using my profit everyday.What I can expect more? lol Is about can or cannot make money. And helping newbie stop losing money. Not like those IB buying branded and showing off. This post has been edited by zDarkForceSz: Apr 7 2014, 12:18 AM |
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Apr 7 2014, 12:50 AM
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#36
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(9kingsir @ Apr 7 2014, 12:44 AM) I straight to the point.. Be it harsh or taken softly... If u wanted to share tips..we r gladly to hear about it.. If u wanted to do recruitment a.. Please use PM... If u wanted to share that u have achieve something.. We tumpang happy for u.. And morally support it by 100000000000% plus horrraaayyyyyy.... waiting for market open a? If u need a team to build on whatever network, then advertise in a proper channel... Since u r a funder.. I believe few hundred won't hurt u a bit.. If that is the second part is referring to me.. I would like to say..I m still learning...maybe I learn faster than others.. I m not economist, I could fail in maths, I might be a school dropout, but today I m better than yesterday in forex...so b4 u know me... Please keep harsh word to yourself... Regards... plan next meet up teach me your new strategy lol |
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Apr 7 2014, 01:13 AM
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#37
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(tdoptions1689 @ Apr 7 2014, 01:08 AM) If u can advertise how good u r .. We Oso can do that.. NO need back end team....if u r a retail trader....many gurus here earning very profitly in silent mode. Relax, one step backward see everything clearer. These are the words from your side. I never meant harsh with anybody here and I think my post always shows there is some reason of my view, and I know how to respect others. From the beginning, I didn't telling or advertise how great I am. Above words are from you on the 1st post to me to challenge my team. I do have back end team and we have all of our own role. It is none of your business isn't it why I need a back end team, so what the fxxxing matters you challenging my Program and my Team? Who do you think you are? Challenge me or my team only you are qualified or just step aside if you are just those live in a small pond thinking he is good enough. So I meant to be harsh with you now since you are challenging me and don't know how to respect other person career or business or team. I won't ever says I am the best in trading, even though I am a profitable trader now, but I still recruit on more profitable trader. Just because 1 reason, I don't put all my eggs in 1 basket and I don't mind my money growth with other resources. You are too arrogant and disrespect to others, it is hard for me to explain to those living only on their own world. We share stuff here not picking up fight. Everyone is unique, and everyone has their own view. Respect each other! handshake~ -DarkForceS |
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Apr 7 2014, 01:18 AM
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#38
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(9kingsir @ Apr 7 2014, 01:14 AM) First of all, and once again.... I truthfully thank you @darkforceS for meeting me personally and for showing me forex steps, charts, indicators, the do n donts, mistakes, or whatever he might be can share within few hours.... Treat meal no need la.He explain the hardship he had gone through and for this I m grateful to him... That with his mistakes... I have not gone burst any accounts I have now... And yes... I have taken advantage of his sharing and most evolution to the trading strategies that I m having right now... To the point when he @darkforces feel that he needs to change his trading strategy after he felt boring with his old style.. I have not speak to a word to him about he should change his trading strategy earlier on bcos he is like a mentor to me... Yes.. He is the kind of sharing person and hates to see newbie jump into the wagon b4 knowing anything about forex and his advice bears something to be taken seriously... To master dark forces... Ur indicator still work in my computer and that is the basics that I share withs my others members in their computer.... Yes.. There are many philosophies out there.... As long u r improving and improvise...that will make u a better trader.. I m learning and earning each day.. Will keep learning and sometimes listen to other traders problems... About me? I m not a smart ass....and I m not a shame to admit that a student like dark force show me the secrets to forex... N I just improvise it.. That is.. All my credits goes to darkforces... By the way bro @darkforces... When can I treat u meal? Regards.. Just a meet up so share some views and help each other improve. One people strength can't do big business. A company with only CEO can't earn a dime, it needs a team to work and improve. |
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Apr 24 2014, 06:05 PM
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#39
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(tdoptions1689 @ Apr 24 2014, 03:44 PM) 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. I think spoon fed is really a dislike part in every sectors. Cheers. |
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Apr 26 2014, 10:51 AM
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#40
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(CubeLogic @ Apr 26 2014, 10:04 AM) guys i have quite a few friends joining forex in like companys or groups or firms. I thought we just do it online? and they are doing so well. One is like nineteen and just bought a beetle. O.O is it the same as what you guys do? My friend, those are illusion...Those are Pyramid type. I believe their money is more from intro people enter their group. If making money is just so easy, why there's poverty? Why 98% of retail trader fails in Forex trading? Real traders who earn real money from forex doesn't show off. eg. @tdoptions1689 he making pips all the time posting here free. did he show off he driving big cars? wearing branded? People make real money always keep quiet. Use that money to invest more money, not spending off like no tomorrow. Hope you get what I mean about "Illusion". Above statement is just my opinion, no need to bash me. This post has been edited by zDarkForceSz: Apr 26 2014, 10:54 AM |
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