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 Forex Version XIV, Foreign Exchange Market Discussion

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demolationz
post Aug 12 2014, 03:09 AM

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QUOTE(boyvai @ Aug 11 2014, 09:25 PM)
dont forget forexwinner notworthy.gif
demolationz
post Aug 12 2014, 03:12 AM

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QUOTE(highlowyat @ Aug 11 2014, 11:28 AM)
semafor level 3
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mother of all repaint indi i guess sweat.gif . Need other indi to assist trade.

QUOTE(Seng_Kiat @ Aug 11 2014, 11:31 AM)
I read through it.

by the way, can share which link in babypip should I focus on? biggrin.gif
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Well. Straight to FF if you want to learn trading technique. thumbup.gif all the best !
haziqnet
post Aug 12 2014, 11:30 AM

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to learn forex u just need to learn the basic and understand the indicator u use...try to learn from different of guru's for better result however the better guru is actually your own self...if u already have the basic u just need to look at the market trend and make your analysis...try to learn and use news fundamental for positive / negative impact on the market trend...
for a beginner to make a lose at first actually is a common thing...after 2, 3 of failure u will get back in track...and some of the experience traders also sometimes they will get a big loss but they usually can covered back their lose in the short time...the strategy in forex is from experience it self... just to share my thought... smile.gif

This post has been edited by haziqnet: Aug 12 2014, 11:39 AM
9kingsir
post Aug 12 2014, 01:15 PM

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to all newbie...

by just reading wont get you started and far..

i dont think u want to burst your account in the beginning because we dont have much funding/capital to burst..

You have a thought of finding a better investment with small capital.. ( better than savings/mutual fund/fixed deposit/bondASB/) which only give u few % per annum...

You suddenly dont know where u click landed saying forex is a quick fast money..

Then some forumer ask u read babypips.. play demo.. ask u try burn account first...

I advise you.... this is a high mind game.. cant take the pressure.. dont be in it.

Dont waste money on course... Dun buy Robotic EA.. Indicators dun give u 100% direction and entry price..

Most important as newbie, find a good guru/mentor... invest wisely..

Good Luck



floccrc
post Aug 12 2014, 01:18 PM

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QUOTE(9kingsir @ Aug 12 2014, 01:15 PM)
to all newbie...

by just reading wont get you started and far..

i dont think u want to burst your account in the beginning because we dont have much funding/capital to burst..

You have a thought of finding a better investment with small capital.. ( better than savings/mutual fund/fixed deposit/bondASB/) which only give u few % per annum...

You suddenly dont know where u click landed saying forex is a quick fast money..

Then some forumer ask u read babypips.. play demo.. ask u try burn account first...

I advise you.... this is a high mind game.. cant take the pressure.. dont be in it.

Dont waste money on course... Dun buy Robotic EA.. Indicators dun give u 100% direction and entry price..

Most important as newbie, find a good guru/mentor... invest wisely..

Good Luck
*
rclxms.gif rclxms.gif notworthy.gif notworthy.gif
haziqnet
post Aug 12 2014, 01:41 PM

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yes forex indeed a pressure mind game...not everyone are suitable with forex trading...however if u want to get some challenge and want to get high profit in one day / month yes forex can give u that...but remember the risk always there even for some experience traders...even guru's also sometimes make losses...sometimes it isnt about our bad analysis just a small mistake like doesnt set a buy stop / sell stop / TP if u have bad internet connection, u also could lose...best result if u have good discipline and knowledgeable in forex trading...

This post has been edited by haziqnet: Aug 12 2014, 01:41 PM
qwertyuioped
post Aug 12 2014, 01:42 PM

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argh why EU very slow..
zaoldyeck
post Aug 12 2014, 02:15 PM

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Hi, can anyone tell me at what time will the market slow down cause no businesses (no ups and down).
haziqnet
post Aug 12 2014, 02:24 PM

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QUOTE(zaoldyeck @ Aug 12 2014, 02:15 PM)
Hi, can anyone tell me at what time will the market slow down cause no businesses (no ups and down).
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usually market open from 8am - 1pm, then reopen from 2pm till 4pm...7pm -12pm they will be active again...other traders how it is my time frame is correct or not?

9kingsir
post Aug 12 2014, 02:47 PM

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QUOTE(floccrc @ Aug 12 2014, 01:18 PM)
rclxms.gif  rclxms.gif  notworthy.gif  notworthy.gif
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drool.gif brows.gif thanks
9kingsir
post Aug 12 2014, 02:50 PM

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QUOTE(haziqnet @ Aug 12 2014, 02:24 PM)
usually market open from 8am - 1pm, then reopen from 2pm till 4pm...7pm -12pm they will be active again...other traders how it is my time frame is correct or not?
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to me... 8.30am to 11am... 3pm-5pm.. 7pm -12.30am 3am-4am
haziqnet
post Aug 12 2014, 02:59 PM

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QUOTE(9kingsir @ Aug 12 2014, 02:50 PM)
to me... 8.30am to 11am... 3pm-5pm.. 7pm -12.30am 3am-4am
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yes that's rite...but sometimes if there are news within the time frame it is advisable not to entry 1 hour before and after the news....u can refer to the news time at this website www.forexfactory.com...make sure u change the regional setting to singapore...the red icon news means the impact is high for the currency, orange means medium impact and yellow means low impact...to entry during news are needed experience and knowledge to get accurate result either buy or sell...if have little knowledge dun entry during news...

This post has been edited by haziqnet: Aug 12 2014, 03:02 PM
9kingsir
post Aug 12 2014, 04:10 PM

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WHO HAVE PLAY rate usd3 per piplet?
boyvai
post Aug 12 2014, 07:41 PM

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most of u suggest find guru.im talk from my experienced.
i attend various webminar,live class,lifetime support etc.
yes,all is about money.they will teach u a secret,self claiming their own system,profitable steady income etc.
most of them,i would rather say all of them actually selling the system that already on the various forum.u can get the self claiming indicator,system for free.
back in 2011,i paid 1k for 1 live class 1 on 1.i already paid 1k,at the end i must use the guru broker to get the self claiming indicator,under him so he can get more profit from me to earn commission.i search,google and i get the indi for free.
yes u can learn from many guru,but nobody can teach u the most crucial part when trading.psychology.lol

This post has been edited by boyvai: Aug 12 2014, 07:41 PM
haziqnet
post Aug 12 2014, 07:53 PM

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QUOTE(boyvai @ Aug 12 2014, 07:41 PM)
most of u suggest find guru.im talk from my experienced.
i attend various webminar,live class,lifetime support etc.
yes,all is about money.they will teach u a secret,self claiming their own system,profitable steady income etc.
most of them,i would rather say all of them actually selling the system that already on the various forum.u can get the self claiming indicator,system for free.
back in 2011,i paid 1k for 1 live class 1 on 1.i already paid 1k,at the end i must use the guru broker to get the self claiming indicator,under him so he can get more profit from me to earn commission.i search,google and i get the indi for free.
yes u can learn from many guru,but nobody can teach u the most crucial part when trading.psychology.lol
*
that's why i said the best guru actually is your self...learning from guru just to understand the basic of forex...then u need to understand all the knowledge u get and try it on the real trade...i also make a 200usd lose when im 1st in forex...use all the indicators given by gurus and he claim it is a perfect entry...actually perfect entry only happen if the trend market is stable...if not the perfect entry will not be valid...sometimes issues like geopolitical can give sudden effect to a nation currency...so there are no perfect sytem but to use it only to gather data and analysis them for the right entry...however the risk are always there...but if u are good enough to gather data from 5 or 10 years in the past u can get more clear view on the trend move...actually the trend in forex are usually to move in the same pattern from the past...try to get the data and study them...im also still learning how to read the pattern in the forex...learn and remember all the pattern on the candle can give an extra view how the trend will be moving like doji, hammer, engulfing and etc...

This post has been edited by haziqnet: Aug 12 2014, 07:57 PM
boyvai
post Aug 12 2014, 07:56 PM

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but u guys can learn from guru,a must.newbie stand alone against multi trilion market is very scary,when your own real money take part of it.
learn the basic,how to enter,exit etc2 from guru or web,forum etc.
well good luck,im sorry im talking to much lol.
haziqnet
post Aug 12 2014, 07:59 PM

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QUOTE(boyvai @ Aug 12 2014, 07:56 PM)
but u guys can learn from guru,a must.newbie stand alone against multi trilion market is very scary,when your own real money take part of it.
learn the basic,how to enter,exit etc2 from guru or web,forum etc.
well good luck,im sorry im talking to much lol.
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great smile.gif
boyvai
post Aug 12 2014, 08:03 PM

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QUOTE(haziqnet @ Aug 12 2014, 07:53 PM)
that's why i said the best guru actually is your self...learning from guru just to understand the basic of forex...then u need to understand all the knowledge u get and try it on the real trade...i also make a 200usd lose when im 1st in forex...use all the indicators given by gurus and he claim it is a perfect entry...actually perfect entry only happen if the trend market is stable...if not the perfect entry will not be valid...sometimes issues like geopolitical can give sudden effect to a nation currency...so there are no perfect sytem but to use it only to gather data and analysis them for the right entry...however the risk are always there...but if u are good enough to gather data from 5 or 10 years in the past u can get more clear view on the trend move...actually the trend in forex are likely to move in the same pattern from the past...try to get the data and study them...im also still learning how to read the pattern in the forex...learn and remember all the pattern on the candle can give an extra view how the trend will be moving like doji, hammer, engulfing and etc...
*
yep.most of us,including me think indicator is some magic ways to make easy money lol.yes,indi help a lot,but indi running on market were million human put their own faith on it,big shark manipulation,im talking real market not bucket shop where their make their own running market lol.
it took at least 6 month to trial and error the market cycle.1 pair.forex how many pair omg.maybe correlation help biggrin.gif


9kingsir
post Aug 12 2014, 09:07 PM

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QUOTE(boyvai @ Aug 12 2014, 07:41 PM)
most of u suggest find guru.im talk from my experienced.
i attend various webminar,live class,lifetime support etc.
yes,all is about money.they will teach u a secret,self claiming their own system,profitable steady income etc.
most of them,i would rather say all of them actually selling the system that already on the various forum.u can get the self claiming indicator,system for free.
back in 2011,i paid 1k for 1 live class 1 on 1.i already paid 1k,at the end i must use the guru broker to get the self claiming indicator,under him so he can get more profit from me to earn commission.i search,google and i get the indi for free.
yes u can learn from many guru,but nobody can teach u the most crucial part when trading.psychology.lol
*
then u should ask my students...

its all not about indicators or best strategy...

we teach psychological Action...



frontier008
post Aug 13 2014, 10:45 AM

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how to read market sentiments?
those economic news is very stranger to me...
i don't know what is the impact even though the news is available everywhere...

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