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 Forex Version XIII, Foreign Exchange Market Discussion

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bulkbiz
post Apr 28 2014, 09:54 PM

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Great!! It's always good to hear.

Like I said, it's just my personal opinion because I failed big time in scalping ;p, so for me scalping is like gambling, that's how I name it for myself.

Again, it's just my personal opinion because I am a total BIG failure in scalping smile.gif
7premium
post Apr 28 2014, 10:06 PM

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QUOTE(tdoptions1689 @ Apr 28 2014, 10:15 AM)
1 more tips maybe can help others.

It is obviously unhealthy trader to stay at midnight and still trading on the midnight. I also one of them and staying up at midnight that doesn't profit you at all last time. We have some best Geographic Location in Asia. Maybe GMT + 11 is the best to me, so I need not to wake up earlier. One explanation. You can just wake up at 8AM, wait for JAPAN and SYDNEY OPEN. Then on 3pm, you will have those BANKER coming in and 4PM for the UK and FRANKFURT OPEN. Then you move to 7PM for the STATES OPEN. So it is useless to stay on midnight, and it makes only unhealthy life.

Just my personal opinion. I went through those time wasting of staying up at midnight once ago.
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+1, ideal trading hours will be from 3pm onward till 10/11pm.


9kingsir
post Apr 28 2014, 10:19 PM

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So 8-9pm long back from 181410 to 181610...Scalp 20pips

GREAT profit..
cmk96
post Apr 28 2014, 11:18 PM

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GJ long since 11/4... profited 210 pips...

Normal profit. smile.gif
9kingsir
post Apr 28 2014, 11:55 PM

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QUOTE(cmk96 @ Apr 28 2014, 11:18 PM)
GJ long since 11/4... profited 210 pips...

Normal profit. smile.gif
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U must deep pocket..
9kingsir
post Apr 29 2014, 04:15 AM

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Yesterday scalp only for GA 2-3hours gain around 32 pips.. Is my signal ok?


tdoptions1689
post Apr 29 2014, 01:22 PM

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Wanna some long term trade?

Put a BUY now on GBP/AUD. SL for 200 pips, targeting above 600 pips. Estimated trading time for 3-4 weeks position. whistling.gif
Doggystyle
post Apr 29 2014, 01:56 PM

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Bro tdoption, just took your tips thanks.

tdoptions1689
post Apr 29 2014, 02:08 PM

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QUOTE(Doggystyle @ Apr 29 2014, 01:56 PM)
Bro tdoption,  just took your tips thanks.
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I also just opened on Zulu, mate. But I don't take Long Term Positions on Zulu. Probably if can, keep close it before swapping occurs. Exotic Pair are very expensive on swap. icon_rolleyes.gif
tdoptions1689
post Apr 29 2014, 02:12 PM

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Probably many people think 3-4 weeks are just joke above 600 pips. It is no joke on Exotic. This is my previous record on Exotic. 6 weeks position with easy 1000 pips bagging.


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Doggystyle
post Apr 29 2014, 02:26 PM

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Thanks for the heads up. Will check on how bad aaafx rollover vs other broker.



tdoptions1689
post Apr 29 2014, 02:35 PM

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Received a PM asking me what is my record on Majors for Long Term. Ok, there we go. This is something how I trade on earning swapping position on EJ. My record was 9 months holding EJ and from the 1st position till the end closing was somewhere around 1900 pips. It touches on 2200++ pips, but I decide to close it on 1900++ in the end. We can't have majors with thousand of pips for 2 months, but Exotic yes.


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7premium
post Apr 29 2014, 02:38 PM

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QUOTE(tdoptions1689 @ Apr 29 2014, 01:22 PM)
Wanna some long term trade?

Put a BUY now on GBP/AUD. SL for 200 pips, targeting above 600 pips. Estimated trading time for 3-4 weeks position.  whistling.gif
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GA testing previously support turned resistance as seen on H4, am expecting a reversal, waiting for 1.80700 area to enter buy.
tdoptions1689
post Apr 29 2014, 02:49 PM

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QUOTE(7premium @ Apr 29 2014, 02:38 PM)
GA testing previously support turned resistance as seen on H4, am expecting a reversal, waiting for 1.80700 area to enter buy.
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I am expecting the reversal pullback will occurs somewhere around 1.833x, so it is pretty safe to me for entering now instead for waiting on it. It has bounces earlier, so I believe it won't have any pullback by now. Just my 2 cents opinion. cool2.gif cool2.gif cool2.gif

Additionally, if 5 PM closing candle are good enough to covered the bearish candle, I believe my theories higher possible on its way. brows.gif brows.gif brows.gif

This post has been edited by tdoptions1689: Apr 29 2014, 02:52 PM
tdoptions1689
post Apr 29 2014, 03:13 PM

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By the way bro Doggystyle, I hope the Breadman Chinese guy doesn't kill you. Selling on the Cable ATM was just like killing itself. Hopefully some of mine will help you to recover, but of course I have to respect other trader doing and it is just my 2 cents opinion.
Doggystyle
post Apr 29 2014, 04:30 PM

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Yo, thanks for the concern. I check my phone and notice my dd with breadman jumped quite a bit. Checked your position and notice it was the opposing side. Not good. Thought I'm going to let him close since its been going on for 3 weeks. Gotta pull the trigger myself this round.

Breadman has a bias on sell position from my 4 maths with him. Especially when price reach or approach historical high. Too bad his strategy to read if it's hitting resistance is as good as mine. Took some damage, but might as well be now than later.
tdoptions1689
post Apr 29 2014, 04:37 PM

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QUOTE(Doggystyle @ Apr 29 2014, 04:30 PM)
Yo, thanks for the concern. I check my phone and notice my dd with breadman jumped quite a bit. Checked your position and notice it was the opposing side. Not good. Thought I'm going to let him close since its been going on for 3 weeks. Gotta pull the trigger myself this round.

Breadman has a bias on sell position from my 4 maths with him. Especially when price reach or approach historical high. Too bad his strategy to read if it's hitting resistance is as good as mine. Took some  damage, but might as well be now than later.
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Pretty bad fundamental on the Cable this time. Definitely facing a lot of choppy after this. It can't hold through 5pm, expecting choppy now. Good 1 to end on the GBP/JPY 1st.
ahmike89
post Apr 29 2014, 04:39 PM

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Sorry out topic here doh.gif

May I know what it means by breadman, cable etc? Hehe

Thanks
7premium
post Apr 29 2014, 04:43 PM

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QUOTE(tdoptions1689 @ Apr 29 2014, 02:49 PM)
I am expecting the reversal pullback will occurs somewhere around 1.833x, so it is pretty safe to me for entering now instead for waiting on it. It has bounces earlier, so I believe it won't have any pullback by now. Just my 2 cents opinion. cool2.gif  cool2.gif  cool2.gif

Additionally, if 5 PM closing candle are good enough to covered the bearish candle, I believe my theories higher possible on its way. brows.gif  brows.gif  brows.gif
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Showing sign of reversal as of now, but i believe overall trend is still up, waiting for this pullback in to be over before entering buy, will look out for pin-bar at around 1.807/808 area.
tdoptions1689
post Apr 29 2014, 04:43 PM

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QUOTE(ahmike89 @ Apr 29 2014, 04:39 PM)
Sorry out topic here doh.gif

May I know what it means by breadman, cable etc? Hehe

Thanks
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Breadman was a China SP.
Cable= GBP/USD
Kiwi=NZD
Aussie=AUD
Yen=JPY
Greenback=USD

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