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 Forex Version XIV, Foreign Exchange Market Discussion

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SUSlowya
post Oct 29 2014, 04:24 PM

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GJ 174.3, long or short?
SUSlowya
post Oct 29 2014, 05:18 PM

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Zoom to the north: GJ EC GC CJ
SUSlowya
post Oct 29 2014, 10:05 PM

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QUOTE(haziqnet @ Oct 29 2014, 08:04 PM)
ada mana2 pair yg nmpk tgh best x skrg? den slalu tgk EJ ngn GU jer..pair lain jarang2...heheh...
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Long AUD and CAD
Short GBP and JPY

e.g. Short GA GC, Long AJ CJ
(right now can wait few hours for pull back to enter)
SUSlowya
post Oct 31 2014, 03:16 PM

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Guess buying USD would be a good choice for whole day.
SUSlowya
post Oct 31 2014, 03:35 PM

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Careful on UJ might drop hard from 111.60 (monthly R1)
SUSlowya
post Nov 3 2014, 08:00 PM

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just short EA and long NU, equal exposure to Short EN and long AU. Counter trend trade for Monday.
SUSlowya
post Nov 5 2014, 11:16 AM

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My analysis points me to only these combo today prior to major news:

Long CHF, USD
Short JPY, CAD

If must bet only 1 pair, it would be long CHF/JPY.

so what's your trading plan today?
SUSlowya
post Nov 10 2014, 09:02 AM

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Long NZD/CAD 0.8800

All RSI(3) & MAs in all timeframes points up.

No SL, No TP, yet.

Let's see where it goes later.
SUSlowya
post Nov 10 2014, 01:18 PM

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QUOTE(amolaggarwal70 @ Nov 10 2014, 12:19 PM)
I started with nothing, just got RM 20 free bonus from FXREBATOR.com and made it to RM 312.
I have around RM 312.89 in my account now. Should I buy gold at this level?
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Strange statement if you ask me.

If you can increase 15x your account, continue to do what you do to 15x your RM312 to RM4680.
SUSlowya
post Nov 16 2014, 01:10 PM

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QUOTE(demolationz @ Nov 16 2014, 10:08 AM)
Prediction on next week. 161 Fibo.

user posted image
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nice curve fitting work spotted.
SUSlowya
post Nov 20 2014, 09:09 AM

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GBP/CHF 1.502 Long.
SUSlowya
post Dec 9 2014, 10:42 AM

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as of this moment,

http://screenshooter.net/5313111/wgljvtc
SUSlowya
post Dec 22 2014, 09:23 AM

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QUOTE(highlowyat @ Dec 21 2014, 09:44 PM)
i dont set TP or SL. normally i open positions on monday, hold my position and ride the trend and close on friday
sometimes hold it for a week or two.. whatever market give me for a week, i accept it.. wash, rinse and repeat.
if market change direction, i hedge it (ride the new trend). no SL
its more like "buy and hold" strategy in stock market. because i study and trade stock too
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hope you broker charge you low swap for long term hedge.
SUSlowya
post Dec 22 2014, 05:05 PM

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QUOTE(highlowyat @ Dec 22 2014, 04:29 PM)
have you heard of swap-free account?
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yes, muslims (I assume you are one) regards swap rate are haram, hence Islamic swap free accounts was provided for this group.

that brings another point, I wonder why FD interest rate is legal if swap is haram.

they are both effectively interest rates.

A paradox for some who could explain.
SUSlowya
post Dec 22 2014, 05:41 PM

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QUOTE(mhmdzz @ Dec 22 2014, 05:21 PM)
Afaik, if the interest is fixed then it is haram.  sweat.gif
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I just mentioned 'fixed deposit' interest rate, or how about 'fixed' monthly housing loan interest?
SUSlowya
post Jan 9 2015, 01:25 PM

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QUOTE(Supreme1394 @ Jan 7 2015, 12:33 PM)
Anything is bad if you blindly go into it. Forex is no different from opening a regular business, high chance of failure. Though forex might be easier in the sense that you can always improve your strategy over time by learning from your failures, though the same cannot be done for, let's say a food business. But if you managed to get a good grasp of it, you'll get many fold returns. My motto is to never jump into a trade unless I'm more than 80% sure it will succeed.
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On business, once you get the customer base, the regular income starts coming in CONSISTANTLY.

Forex, you have to always subject to probability outcome, consistent traders are rare out there.
SUSlowya
post Jan 15 2015, 05:44 PM

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if you have CHF position, by now, you should be very happy or very sad.

take a look at CHF pairs chart.
SUSlowya
post Jan 15 2015, 05:51 PM

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CHF
Libor Rate
-0.75% -0.25%

rate dropped, investors pour all in CHF.

how would it impact us here?
SUSlowya
post Jan 15 2015, 05:57 PM

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QUOTE(Supreme1394 @ Jan 15 2015, 05:56 PM)
USDCHF spreads now 100 pips, lol
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trading suspended in various broker in all CHF pairs.

they play cheat.

This post has been edited by lowya: Jan 15 2015, 05:57 PM
SUSlowya
post Jan 15 2015, 06:06 PM

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QUOTE(cylaipro @ Jan 15 2015, 06:04 PM)
how they play cheat?
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have you ever heard of forex suspended during market hour?

broker cannot claim lack of liquidity in forex market as a reason.

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