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 Forex Version XIII, Foreign Exchange Market Discussion

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chaiychong
post Apr 23 2014, 09:40 AM

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QUOTE(tdoptions1689 @ Apr 23 2014, 09:35 AM)
At last, waited since last week for correction on AUD, and it arrived this morning. I though my setup will failed. Perfect profit on GBP/AUD, AUD/USD, EUR/AUD.  rclxms.gif  rclxm9.gif  cool2.gif  icon_idea.gif
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Congraz.. haha.. thanks ur advise rclxms.gif
i also earned some.. although just a demo account. haha smile.gif
still a practicing beginner.. rclxub.gif
chaiychong
post Apr 23 2014, 09:46 AM

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Here are dumb questions from beginner.
which indicators u guys are using usually?
MACD?

and u guys are usually referring to daily or hourly or weekly?
chaiychong
post Apr 24 2014, 03:30 PM

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QUOTE(tdoptions1689 @ Apr 24 2014, 02:36 PM)
AUD/USD best to SELL now.  flex.gif
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can i know why u say so? hmm.gif
chaiychong
post Apr 24 2014, 03:40 PM

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QUOTE(tdoptions1689 @ Apr 24 2014, 03:35 PM)
It is important to create your very own system or strategy to become a profitable trader. So, I can't explain how my reading or interpret work does, because you don't fully understand how my strategy and reading works.
Sorry! notworthy.gif
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lol. why sorry.. i meant no offense.. sweat.gif
i am fresh to forex.. and just want to learn something from here smile.gif
chaiychong
post Apr 24 2014, 03:43 PM

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QUOTE(tdoptions1689 @ Apr 24 2014, 03:39 PM)
1 explanation probably it is easy to give you a picture. 1st Trend Occurs, a Pullback, so now comes a continuous.
Trend=Breakout
Pullback= Other retail traders on TPt
Continuous=Most experience trader enter.

Hope it helps. cool2.gif
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thx for this explanation rclxms.gif
but i think i need time to digest it.. haha
seriously lack of experience..
anyway. thank you brows.gif
chaiychong
post Apr 25 2014, 12:23 PM

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http://stockcharts.com/school/doku.php?id=...ott_wave_theory

Are the three rules which stated in the website above correct? or as they said these are unbreakable?

Eg. Rule 3: Wave 4 can never overlap Wave 1.
i found that this case not usually happens.
chaiychong
post May 1 2014, 04:52 PM

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QUOTE(7premium @ May 1 2014, 03:41 PM)
GU & GJ gonna do the classic fake down n UP.. let's see how it unfolds..
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erm.. what is "classic fake down n UP" ?
sorry, i am still learning something smile.gif
hope can get some explanation on this smile.gif

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