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Forex Version XIV, Foreign Exchange Market Discussion
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SUShighlowyat
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Aug 28 2014, 05:33 PM
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QUOTE(oreomambo @ Aug 28 2014, 02:27 PM) em..FTT only get 2-3k USD? how to let go current job like that..thats not really enough with the current inflation rate, opr going up and up and up.. But anyway, he was spending his office hour doing other things like forex research....almost unofficial FTT. Day job is like side income. damn USD 3k is alot of money.. unless ur company pay u rm20k per month then no reason to become FTT
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SUShighlowyat
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Aug 30 2014, 09:59 PM
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QUOTE(qwertyuioped @ Aug 30 2014, 06:44 PM) ni dari CG forum ni....  same TS or different people? But yeah, gotta agree on that. Nowadays all broker award themselves with achievements and stuff and not from any regulated convention or some sort. Its like telling other people "hey i got a present from myself because i memorised ABC! join me!". Hahahaha any broker from Panama, Belize, Cyprus.. dont put too much money on them
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SUShighlowyat
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Aug 30 2014, 10:21 PM
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QUOTE(haziqnet @ Aug 30 2014, 10:06 PM) cyprus? if not mistaken MX forex their company based at Cyprus... what is MX. they open company in cyprus, get license and hire offshore office but they operate somewhere. broker like Alpari and FXCM they have real office and address
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SUShighlowyat
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Aug 30 2014, 10:53 PM
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nice SnR on eurusd daily
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SUShighlowyat
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Sep 2 2014, 08:08 AM
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QUOTE(9kingsir @ Sep 1 2014, 07:15 PM) What is financial freedom? last time no money buy extra food.. now can buy more abit? change from buy pasar malam clothes to departmental store? take lrt/bus ... now drive a myvi? haven been to oversea but now go holiday 2 twice a year..( thailand/singapore/indon/)? buy something without looking at price tag.. with cash or debit card
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SUShighlowyat
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Sep 6 2014, 10:31 AM
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QUOTE(pai3355 @ Sep 5 2014, 09:15 AM) if like that try read and open babypips website and if u live in kl maybe we can meet. I always guide people on how to learn online forex trading what is the best trend indicator
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SUShighlowyat
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Sep 6 2014, 12:36 PM
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QUOTE(demolationz @ Sep 6 2014, 12:23 PM) wow. Interesting question bro. So, what is the best trend indicator you use as for now ?  you know people like Nial Fuller worship Price Action. but the best indicator is Retailer Action. only smart money use this. EU is clear a downtrend. more than 60% of retailers are in buying position? This post has been edited by highlowyat: Sep 6 2014, 12:37 PM
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SUShighlowyat
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Sep 6 2014, 01:35 PM
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QUOTE(pai3355 @ Sep 6 2014, 01:27 PM) it depends, some traders maybe like to use RSI in 2 different timeframe to see clear trend. Other trader might use ichimoku or macd  For me every trader has their own style of trading RSI in default setting is overbought and oversold
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SUShighlowyat
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Sep 6 2014, 03:06 PM
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QUOTE(haziqnet @ Sep 6 2014, 02:43 PM) a tips how to trade during news time...use the pending order as your main setting for entry during news time... - before news time, set buy limit and sell limit 10pips from the last price...Set ur Stop loss on both at 5-10 pips from the buy and sell limit u set just now. Dun set any TP - during news time look where the move trend go...during this time if it reach either your sell and buy limit u set before the news u will earn profit on both way...when the news trend already show the real direction cut loss the entry that it dont go or wait for it to reach ur Stop Loss set and look at the other entry u set...here u just wait and depend to u how much of profit / pips u want to take...usually during news time u can earn more than 100pips... I already try this and it always give me profit during news time...this is what we called in Malay (makan atas bawah masa news) u just need to set the buy/sell limit and the stop loss at the both entry... Pending order is your main weapon during news time... happy trading...for more info please pm me...thank you... put in one word.. STRADDLE makan atas bawah sometime kena makan also.. SL 5-10 how about spread widening that always happen during news release
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SUShighlowyat
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Sep 6 2014, 03:43 PM
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QUOTE(haziqnet @ Sep 6 2014, 03:20 PM) thanks for the word STRADDLE...  go find merlin at FF
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SUShighlowyat
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Sep 8 2014, 01:55 PM
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QUOTE(starship1 @ Sep 8 2014, 12:53 PM) so many Sifu ,Tok Guru ,Founder and GrandMaster here at lowyat forum.i like to invest or speculate even but getting a little confused. currency trading is an extremely high volatile and never ending game of predictions with extremely high risk of burning your accounts and monies. a friend once told me ,once entered positions bodies and balls will shake and swing. i like to say ,only with a small likelihood ,profits can still be achieved but make sure you can TAHAN the losses first.you may enjoy or disgust yourself with emotional ups and downs i have no idea why would ppl predict the price movement. my advice is to go with the trend.. whoever u r.. scalper, intraday, swinger, position.. just go with the trend. why would ppl try to predict the market, its look like they have some supernatural power they can predict future. what is trend? look at Daily timeframe. higher high = uptrend. lower low = downtrend. my advice to just dance with the market, follow the rythm.
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SUShighlowyat
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Sep 8 2014, 02:35 PM
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Here the example of why trend trading is proven working and why 95% of retailer who trade against the trend is a failure. 95% is not a myth Here we have about 85% of retailer trade against the trend explain why most of us experience losses If i have 1 indicator that proven accurate most of the time is - "trade against the crowd who trade against the trend" indicator thats what broker, market maker, smart money do. they will trade against you. whenever u sell.. they buy (hedge ur position) and vice versa
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SUShighlowyat
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Sep 8 2014, 03:10 PM
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QUOTE(starship1 @ Sep 8 2014, 02:56 PM) Agreed in some way to what you said about trend trading although it sounded rather easy by looking at daily or multiple timeframe . by simply identifying a trend, the trader has noticed a bias that has shown itself in the marketplace. it is popular amongst traders and may hit a reasonable percentage of profits each time a position is taken, but am i right to say you still need to look to technical indicators to plot an entry and exit and is that not consider as making prediction. trend trading i guess could be very time consuming. pls correct me as i am inexperience in this field.i just have some experience in making business plans and make it as sensible as possible of course we need technical indicator. to make this clear, if trend is uptrend, and then your indicator is showing buy signal.. enter buy. vice versa its sound easy but not that easy. but if you follow the trend, u r heading to the right direction and will make money in long term.
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SUShighlowyat
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Sep 10 2014, 12:50 PM
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QUOTE(Nevermore91 @ Sep 9 2014, 12:32 PM) Hello everyone. I m new to the Forex and i registered at FxAcademy to try a demo account. Details was given and the Fx company called me all the way frm UK. They told me tht they can attach me to a broker and he is going to teach me all the things i need to learn. But before i get started, i must first deposit at least 1k usd into acc of my own. I pretend tht i didnt had money, so they say at least 250usd to let them show me n guide me the ways to read the market etc etc. they also mention tht if i suddenly decided im not interested in tradin, i can withdraw the money out immediately. Is it trustable? a lot sifu here. better learn face to face than from someone online in UK
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SUShighlowyat
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Sep 10 2014, 12:53 PM
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QUOTE(haziqnet @ Sep 9 2014, 09:11 PM) i want to ask an honest question...how fast is ur broker will transfer ur withdraw money to ur account and what is the min amount is require...please stated ur broker name...thank you... mine at FXRANEX the fastest withdraw had been done is in 15 minutes and the slowest is half day...however our portion of withdraw is 3.2usd while deposit is 3.4usd...no min amount is require...u can withdraw as low as 0.10usd if u want... i heard that exness is instant withdrawal
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SUShighlowyat
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Sep 18 2014, 08:23 AM
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QUOTE(Little Whisper @ Sep 17 2014, 11:38 PM) I serious want learn FOREX. I read lots website and play demo account today, EARN AROUND 5K++ TODAY (DEMO ACCOUNT) but i heard forex is illegal in malaysia. So, how can i move my first start? How to buka trading account?  HAHAHAHAHAHA
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SUShighlowyat
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Sep 20 2014, 09:26 AM
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QUOTE(starship1 @ Sep 19 2014, 07:55 PM) This thread getting so boring full of ppl looking for affiliate/commissions lets post some charts
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SUShighlowyat
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Sep 21 2014, 12:34 AM
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QUOTE(starship1 @ Sep 20 2014, 01:15 PM) The last few trading days so exciting and volatile.i trade on demo also can feel.seniors should post their predictions and expertise lah.i already burst my demo account and burnt all the heaven"s note but still exciting dance with the market. follow the flow. market uptrend u go up. downtrend u go down “You must be shapeless, formless, like water. When you pour water in a cup, it becomes the cup. When you pour water in a bottle, it becomes the bottle. When you pour water in a teapot, it becomes the teapot. Water can drip and it can crash. Become like water my friend.”
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SUShighlowyat
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Sep 21 2014, 06:48 PM
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QUOTE(starship1 @ Sep 21 2014, 04:36 PM) Beautiful.exactly what i intend and will do.one the better advise on how not to fail as a trader and if followed and executed properly should see profits have mercy to oneself but merciless with the market yet not treating the market as a revenge and quick money making platform.knowledge and experience are a must in this specialise field and those very few who make it are no ordinary being .highly educated persons who refuse to learn and adapt are no guaranteed to make money here. try not to set a stop (stop loss or take profit) stop when market is no longer at your direction
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SUShighlowyat
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Sep 22 2014, 11:38 AM
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QUOTE(9kingsir @ Sep 22 2014, 04:48 AM) dun talk like berus GIGI... haha...  bruce Lee... thats my fav quote.. since im into martial arts too
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