Do you know what is sharpe ratio?

No, i don't know.

Do you mind explaining?

You don't know but you say sharpe ratio=0?

he is trying to say that fundamental is better than technical

Even Phd in economic pun kalah...

PHD in economic only good in paper. let put their knowledge into action

my knowledge pale in comparison of your brilliant question, apparently you would know of a wiser insight, so be my guest, shoot the answer (that you wish to tell) to your question right away.

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...

no signal put here oredi.. only in whatsapp group..

building port folio..

hehe

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...

still unclear whats the difference between buy and sell....

for example, let say the economics depicts that US is good but Japan is otherwise...

Should i take buy or sell for USD/JPY??

care to share the signal of the day??

thomson reuters. 2mins before major release and more.

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...

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

ohhh... thanks for the explanation...
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

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...

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

People like fundamental because it sounds more professional. Hedge fund that claim to use fundamental analysis, is actually pooling a lot of "big data" based on fundamental, assign a value for each data collected , quantifying it, and the end result is BUY or SELL, TAKE PROFIT, STOP LOSS.

By just reading fundamental, you will never know when to buy/sell, TP and SL.

USD/JPY

if you press SELL, means you selling USD and buying JPY. When you close your position, bought USD and ssold JPY.
if you press BUY, means you buying USD and selling JPY. When you close your position, sold USD and bought JPY.

In simplest way, Sell A & Buy B. When you closed, you Bought A & Sold B. and vice versa.


Spread is the the gap between asking price and bidding price.
Bank earn from that.

USD/MYR (Maybank exchange rate)
Like we go local bank eg. Maybank exchange rate: 1 US Dollar Buying 3.1155 MYR Selling 3.1945 MYR
Spread = 0.079 MYR = 790pips

This post has been edited by zDarkForceSz: Aug 19 2014, 01:54 PM

and also when your r BUY u close with SELL price
and when u SELL u close with BUY price

this is where the spread diff from all of us depends which broker did we use

using your example,
USD/MYR (Maybank exchange rate)
Like we go local bank eg. Maybank exchange rate: 1 US Dollar Buying 3.1155 MYR Selling 3.1945 MYR
Spread = 0.079 MYR = 790pips

does that means when US market is strong and Malaysia market is weak, we should go for buy?

this means we are buying 3.1155 MYR at during the open... then when close... probably 1 US is sold for > 3.1945 MYR... then we earn the differences?