QUOTE(floccrc @ Aug 14 2014, 09:55 AM)
yup...Forex Version XIV, Foreign Exchange Market Discussion
Forex Version XIV, Foreign Exchange Market Discussion
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Aug 14 2014, 10:01 AM
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#21
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Aug 14 2014, 10:05 AM
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#22
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QUOTE(Seng_Kiat @ Aug 14 2014, 10:00 AM) Guys, for your question i think the best solution if u put buy limit...so when the certain price had reach ur target buy limit than the order will be executed...for example if u set buy limit at 1650 and the current price are at 1670....so when the price reach 1650 than ur order will be executed...What is the meaning of: Sell limit - same definition like buy limit Sell stop - meaning when the price reach ur target the sell will be stop automatically Buy limit - will be execute when the target price is reach Buy stop - same definition with sell stop Let say i hv placed and matched sell but the direction is going against my research. For hedging purpose, i want to buy at below market price. What should i put pending order, buy limit or buy order? This post has been edited by haziqnet: Aug 14 2014, 10:08 AM |
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Aug 14 2014, 12:07 PM
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#23
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Aug 15 2014, 08:35 AM
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#24
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Aug 18 2014, 08:35 AM
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#25
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to trade in news always have 50/50 risks even u r pro...but if u still new the risk is more higher
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Aug 18 2014, 09:33 PM
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#26
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for scalping usually not need advance technique for entry...just know when the time to entry and can read how the trend movement for 1 hour is enough...but for intraday it is best if can do analysis and fundamental on the news impact...and make sure ur entry vol per pip can cover ur margin management...
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Aug 19 2014, 08:08 AM
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#27
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hahah i also want to share a tips and built my folio but at my workplace i cant opened any forex website...i wil share my tips when i have time...
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Aug 19 2014, 10:45 AM
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#28
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QUOTE(frontier008 @ Aug 19 2014, 09:53 AM) still unclear whats the difference between buy and sell.... look at the currency pair...which currency comes first...for example EurJpy...Euro come first so thats mean Euro is for buy entry and JPY for Sell entry...for example, let say the economics depicts that US is good but Japan is otherwise... Should i take buy or sell for USD/JPY?? so in ur example above, if the economy impact on US is good then u should put a buy entry...but if the economy impact is strong on JPY meaning u need to entry SELL....hope u can understand... the SELL indicates u buy that currency... This post has been edited by haziqnet: Aug 19 2014, 10:55 AM |
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Aug 19 2014, 11:10 AM
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#29
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QUOTE(frontier008 @ Aug 19 2014, 11:00 AM) ohhh... thanks for the explanation... the spread indicate how much is the gap between the buy or sell entry to reach ur entry point...let say u entry at 1.310 and that currency have spread of 3 meaning actually ur entry at 1.307 so u will see ur profit at -0.03 (example if u entry at vol. 0.01/pip) so when u reach 1.310 ur entry will become 0.00 profit...more than 1.310 meaning u are gaining profit right now...hope with this explanation give u the info what is the meaning by spread...because sometimes i got confused... because in the trading station... it shows as below? currency pair | sell | buy | spread therefore it makes me assume as below SELL --> USD / JPY <-- BUY haha no...look at which currency comes first...if USD comes first that's mean the currency is for BUY...and the later for SELL... BUY--> USD / JPY <--SELL * it goes the same to the rest of currency pair... This post has been edited by haziqnet: Aug 19 2014, 11:13 AM |
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Aug 19 2014, 05:29 PM
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#30
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QUOTE(frontier008 @ Aug 19 2014, 04:45 PM) focus on scalping if u r still new...focus to trade at M5/M10 but look the average movement at H1/H4...if u dun start u will never know...install stochastic, zig zag and currency strength meter...set the stochastic at 18,5,6 for currency without Asian...like GBPUSD, EURUSD and so on...if have asian currency set the stochastic at 14,5,6 like EURJPY, GBPJPY and so on...try it first...remember this tips when do scalping - At CSM (currency strength meter) look at the currency indicator and identify this color = Red(high impact), Orange (Medium Impact), Yellow ( Low Impact) and blue (no impact) Example u are trade for currency pair GBPUSD. At CSM the meter show USD is at yellow and GBP at red. Thats mean GBP is giving more impact over USD. So with this u already have 1 signal for entry. - look at stochastic. if the line touch each other and have make cross like 'X' for example at the line 0-20 the stochastic for that pair movement already at the bottom and it will go up again. This is ur 2nd signal - take a look at the zig zag pattern. if the zig zag pattern already form 'Z' pattern look where the last line show...if the line is up meaning its for SELL entry and if the line is down meaning BUY entry...so according to the example above from the last 2 signal when the zig zag pattern already formed and the last line is up meaning this is your 3rd signal for entry. (NOTE : THE EXAMPLE OF 3 SIGNAL ABOVE ARE FOR BUY ENTRY ON PAIR GBPUSD. FOR REFERENCE ONLY) This 3 signal of entry will create a perfect entry. Means if u entry when this 3 signal occur it will be the right timing and the % to get profit are high. However even though with this 3 signal is call as perfect entry but still the risk for the movement being reprint is there. For example when u are near to the news time, this perfect entry will not become legit or when the market trend is moving sideway it will be hard or take long time for the entry to reach ur target. Try to understand my instructions above and start ur trade at the lowest vol. perpip... cheers This post has been edited by haziqnet: Aug 21 2014, 08:31 AM |
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Aug 19 2014, 05:57 PM
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#31
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QUOTE(frontier008 @ Aug 19 2014, 05:37 PM) Noted... the things that you mentioned - stochastic, zig zag and currency strength meter... is it a third party apps? stochastic and zig zag already have if u use meta4 trader (go to insert button and look for indicator button) there find stochastic and set according to my note just now and look for zig zaq no need to set anything)...for CSM u just google it currency strength meter and download it...where to get it then? This post has been edited by haziqnet: Aug 19 2014, 06:49 PM |
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Aug 20 2014, 09:20 AM
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#32
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QUOTE(frontier008 @ Aug 19 2014, 11:20 PM) Don't enter twice does that means even if we think the currency is heading to the direction that the analysis shows, we don't do buy/sell two times? if u enter at the same time how can u get profit. for example if u entry at 1.310 for buy and 1.307 for sell...if u r doing hedging yes can...but not in the same time...usually hedging when u already identify the right movement of the pair...let say at first u entry BUY...then after further analysis, fundamental on news or u identify any pattern of candle that show the movement will go from Bullish to Bearish than after this u should entry for SELL...but make sure the amount ur entry must be higher than the 1st one to gain balance from the 1st entry of BUY u did...with hedging either u can make profit at the end or to reduce loss.what if the currency really goes to that direction? then missing the opportunity right? This post has been edited by haziqnet: Aug 21 2014, 08:28 AM |
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Aug 20 2014, 09:46 PM
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#33
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QUOTE(qwertyuioped @ Aug 20 2014, 09:26 PM) my prediction on EU look at D1, the stochastic is near with the bottom line...my analysis based on the stochastic and the candle pattern + average moving, the trend is still downtrend until the stochastic reach the bottom line (below 0-20)(maybe it want to reach 1.3200 / 1.3150 before going up again) EU look bad because of Geopolitical issue...and currently USD keep strong...for safe trade if put entry on SELL will be the best option than BUY for now...if u want to take BUY entry look for engulfing pattern or hammer...set ur TP 5- 20pip only...TAYOR...Note : im giving my technical analysis based on D1, average movement, stochastic, candle pattern and news fundamental... This post has been edited by haziqnet: Aug 20 2014, 09:53 PM |
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Aug 20 2014, 10:50 PM
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#34
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QUOTE(demolationz @ Aug 20 2014, 10:02 PM) i already tell u on the note above...if u want to verified take a look at meta 4 during im making this analysis. For those who scalpe entry SELL get more than 10 pips and for those who entry BUY after that get more than 10 pip...either u want to believe or not suit u...im just sharing my analysis...u want to call it as cap ayam or what because u think u r pro than me im ok...but those who follow just now know what im talking about...This post has been edited by haziqnet: Aug 21 2014, 08:29 AM |
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Aug 21 2014, 08:14 AM
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#35
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QUOTE(demolationz @ Aug 20 2014, 11:56 PM) LOL. Chill bro. since i join with FXRANEX we all use STP technique...however my technique wasnt by FXRANEX only, it also comes from other guru...yes i never heard Cap Ayam technique maybe different master have their own name on the technique...sorry for misunderstood u brother...hehehe... I wonder you join Ranex without knowing Teknik Cap Ayam. The famous teknik from Ranex This post has been edited by haziqnet: Aug 21 2014, 02:28 PM |
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Aug 21 2014, 08:17 AM
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#36
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QUOTE(boyvai @ Aug 21 2014, 12:43 AM) ur movement prediction on EU forecast is the same like my analysis...for intraday are better use this analysis...dont look for BUY entry for now especially for Intraday...for scalper look for candle pattern and u might entry BUY with TP 5-15 pip only...note : TAYOR This post has been edited by haziqnet: Aug 21 2014, 09:40 AM |
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Aug 21 2014, 02:26 PM
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#37
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QUOTE(boyvai @ Aug 21 2014, 01:51 PM) euro/usd fall.bulleyes. yes u r rite ... btw guys that EW count not mine.but my count pretty same. EW mostly swing/mid/long term bro. This post has been edited by haziqnet: Aug 21 2014, 02:27 PM |
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Aug 21 2014, 02:38 PM
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#38
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QUOTE(frontier008 @ Aug 21 2014, 02:35 PM) alone here... still dunno which pair to trade and how to apply correct analysis... if u r still new much better if u r doing ur trade in group...one of the member should be a master or an atleast already understand the basic of forex...have u try all the note i gave u before? if u dun want to entry on real trade u can always start with a demo account first...you do in groups? physical meeting or virtual meeting? |
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Aug 21 2014, 02:49 PM
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#39
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my analysis on EJ without news fundamental (at my workplace i cant open any forex website) for long term entry SELL and for scalp entry SELL and only take TP 5-10 pip only...
Note : my technical analysis based on stochastic, zig zag, and candle pattern. Trade at your own risk. Look at CSM for an additional signal. This post has been edited by haziqnet: Aug 21 2014, 02:52 PM |
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Aug 22 2014, 09:11 AM
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#40
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