Forex Version XIII, Foreign Exchange Market Discussion
Forex Version XIII, Foreign Exchange Market Discussion
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May 6 2014, 10:52 AM
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#221
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
Sick…. Aussie is just too weak to go furthermore. All asian currencies are strong, only the useless Aussie.
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May 6 2014, 11:03 AM
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#222
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(Doggystyle @ May 6 2014, 11:00 AM) Ya thanks for the info. No more random investigation into other systems for me now that I'm committed with zulu. Just saying if I have to take a pick between the bot and the site membership. Bro, help me take some fire and burn that Aussie bad smelly axx… It is just too weak to go further. All those Asian are strong mate, only the Aussie extremely useless. No choice now, shifting to another.Only system which I still study now days are 4h macd (inventor don't really use the macd anymore)... And Hector trade, which is more or less the same. Hector commercial video are much structured though and easy for beginners. |
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May 6 2014, 11:36 AM
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#223
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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May 6 2014, 12:18 PM
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#224
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(Doggystyle @ May 6 2014, 12:00 PM) Philip nel originally used macd in his system in the early days, to help followers with finding an entry point. Then as his system evolved he never talk about it anymore. His focus was on the rhythm of the price movement as it pullback into his moving averages and continue on trend. Actually, I don't really familiar with MACD and doesn't understand at all how they find entry by those. Finding entry are really a difficult task actually. I went through a lot on those days, but yet to find 1 perfect entry indicator that can find better entry. So by the end, I think the most useful to me for looking at entry now are CANDLESTICK. It works more perfect than others. Another thing I love to use are STOCHASTIC, it shows and allow me to predict how well and what strength of the current waves.In my early days of practice trade, I too find the relying on macd was no more accurate than me 'feeling' if the pullback was deep enough. Of course I could be wrong on both reading due to noob Ness. Then I chanced upon Hector trade. It seems to straight away describe the final form of 4 macd, without the macd. I think I can work with that. Though I have to say I have a fondness for macd divergence because I have yet to understand the math behind it. This post has been edited by tdoptions1689: May 6 2014, 12:21 PM |
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May 6 2014, 12:33 PM
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#225
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
At last, fire burning Koala.
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May 6 2014, 12:48 PM
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#226
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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May 6 2014, 12:59 PM
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#227
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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May 6 2014, 01:06 PM
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#228
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(Doggystyle @ May 6 2014, 12:48 PM) Hmm saw some greens then move away. Gotta wait till US session? I expect to see WEEKLY candle and DAILY candle keeping on BEARISH. A bit rough sea out there now, Only closing 1 just now during on green, regret now. LoL. But so far so good, swap earning, not much to worry about.Ah yes, like you explained. Gotta fully understand the math behind indicator else it's just as random as flipping a coin. |
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May 6 2014, 01:33 PM
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#229
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(tdoptions1689 @ May 6 2014, 01:06 PM) I expect to see WEEKLY candle and DAILY candle keeping on BEARISH. A bit rough sea out there now, Only closing 1 just now during on green, regret now. LoL. But so far so good, swap earning, not much to worry about. DAMx regret actually. I am already considering and decided to shift everything earlier from those Koala. Koala are just too weak and lazy, only know how to eat. But the PA still running great actually, hard to decide to leave it or not. This post has been edited by tdoptions1689: May 6 2014, 01:38 PM |
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May 6 2014, 01:44 PM
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#230
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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May 6 2014, 01:59 PM
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#231
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(9kingsir @ May 6 2014, 01:52 PM) i have ECN account... so scalping and getting right signal price in and out... but i do hedge sometimes if i know the price will go up or down in within 6 hours time frame.. Probably I know not much about scalps, but price fluctuation just now touches 80 pips on last hour. I though it is hard to scalp. Even my DMA shows a spread of 1.8 - 2.5, I bet your ECN won't lower than my DMA. With commission, it still touches around 4 pips. Probably I really doesn't understand how scalping works. I though max is 20 pips. |
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May 6 2014, 02:12 PM
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#232
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
Boring to day, I think hard to hit my target this week. If I can't hit target this week, I think it is hard for me to slot in TOP 200.
Come on Koala bear, run for your life. |
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May 6 2014, 02:28 PM
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#233
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(9kingsir @ May 6 2014, 02:25 PM) mate...firstly u are right on the spread with commission ... around 3pip plus.. lower than 4pips... You just click my link, I am still trading on GA, how come ZULU have no GA? You ask Doggystyle bro, how many times he has follow from my GA? It is on trade page, on the upper right to add instrument. scalping is a very good and exciting than hedge... scalping doesnt mean 20pips but thats the usually what other ppl meant and do.. so even when the scalping, we also see opportunity for longer profits... scalping can do both ways..both profits ways.. scalp can get LONG or Short profit plus right after long profit you can get Short profits.. so 50 pips a day is very much possible and easy.. On the Zulu trade+ i tried, really no GA pair... because they say its BETA... |
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May 6 2014, 02:50 PM
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#234
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
Many people asking me why if you wanna me to help you manage your fund, I don't manage small fund. Here are the best answer.
“Attitude produces better total outcomes than analysis or technique.” ― Mark Douglas, Trading in the Zone http://www.dailyfx.com/forex/education/tra...nt-Balance.html |
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May 6 2014, 03:11 PM
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#235
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(Doggystyle @ May 6 2014, 03:07 PM) Great wisdom. Tons of system out there 4h, James 16,sonic r... Wouldn't know if its good without relentlessly trying it. Probably all of em are equally as good. Hahaha, if small fund, I prefer to push everything to ZULU. Even big, I also lazy now. Too many MT4, cTrader, Ninja already open now. ZULU the best. No matter what fund, go there and nothing to worry. But ZULU better, worldwide and now even Germany and USA are there. Earning not much on ZULU as manage, but free from headache. As to having you manage fund... You already have the perfect answer to it hahah. Small, big, everyone is welcome. Come one come all! This post has been edited by tdoptions1689: May 6 2014, 03:12 PM |
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May 6 2014, 03:54 PM
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#236
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
Boring today, I am just a bit unlucky. If I don't shift just now, I will be laughing out now. Sick with those DD.
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May 6 2014, 04:54 PM
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#237
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(Doggystyle @ May 6 2014, 04:23 PM) Oh well, since we r stuck for a while. Care to elaborate more on Vladimir's strategy where it can go down to 3k dd? Is that a one to one strategy? Yes, sometime his long term trading can leads to miraculous drawdown. Even medium term trading take probably months. So I don't really like his strategy on trading. Just curious, cause majority of zulu traders from a populous country seems to enjoy a one profit to at least 5 risk ratio. . Yeah, sometime it is hard to see or find a perfect entry. Some of them 1 position even hit to 400 DD, so it doesn't make sense on a position not counted as failure setup to me on such amount of DD. As you see my trade, mostly my single position will hit to a max of 60-80 DD, that's already consider setup failure to me. So I will just cut loss there and wait for new setup. I treat most of my trade this way on Intraday or a 2-3 days trade. |
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May 6 2014, 04:57 PM
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#238
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(9kingsir @ May 6 2014, 04:40 PM) Usually it takes 4 weeks if your DD and profit are legit. All depends on how you perform your session. If you have occasionally less than 10 pips profit, not many will follow you. You have to consider there are slippage too.This post has been edited by tdoptions1689: May 6 2014, 05:09 PM |
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May 6 2014, 07:02 PM
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#239
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
So so so so sad…. Make a very bad bad bad decision.
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May 6 2014, 07:10 PM
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#240
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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