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 Forex Version XIV, Foreign Exchange Market Discussion

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frontier008
post Aug 27 2014, 12:49 PM

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QUOTE(demolationz @ Aug 27 2014, 12:47 PM)
Its all about Actual, Forecast and Previous bro. Are you looking towards Actual Value only ?  sweat.gif
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yes yes... you are right... from the forexfactory... it sometimes indicate if actual > forecast = good economy... or vice versa... doesn't it means as it is?
snake4168
post Aug 27 2014, 02:09 PM

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Time to buy Gold now?


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9kingsir
post Aug 27 2014, 03:14 PM

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QUOTE(ironmanfren @ Aug 27 2014, 10:20 AM)
Hi newbie here, hope get help from all sifu here. Currently trading EU , GU in demo.  rclxms.gif
Read thru this thread, 9kingsir do u still take student ?  icon_question.gif
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I only take ppl with money..

No money no need talk investment..

kita orang cari makan type... haha drool.gif


maraippo
post Aug 27 2014, 03:14 PM

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QUOTE(snake4168 @ Aug 27 2014, 02:09 PM)
Time to buy Gold now?
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for gold i dont think i will go for buy. i will look a window to go short. seems like gold in major downtrend. if scalp or intraday i think is ok to buy.
9kingsir
post Aug 27 2014, 03:22 PM

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QUOTE(frontier008 @ Aug 27 2014, 12:49 PM)
yes yes... you are right... from the forexfactory... it sometimes indicate if actual > forecast = good economy... or vice versa... doesn't it means as it is?
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if u based on what is forecasted.. then u r just guessing...

even a PHd in economic cant tell u the direction of each sentiment news...

news can be correct.. but market maker can push the other way direction...

example... let say u see that ppl predict USD good news .... before the good news come .. marketmaker push the EU up up up before 2-3 hours before the news out... then the good news come out.. but the effect cant cover the spike up.. making the psychological pricing come in..

it even worst if the news doesnt carry weight as expected...

u might expect at least 50 pips down.. but in the end.. 20 pips only...

Just my 2 cent observation
9kingsir
post Aug 27 2014, 03:25 PM

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i got zulu... but don watch it.. not my style...

go to forexacademy2014

its just blast only...
ironmanfren
post Aug 27 2014, 04:27 PM

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QUOTE(9kingsir @ Aug 27 2014, 03:14 PM)
I only take ppl with money..

No money no need talk investment..

kita orang cari makan type... haha drool.gif
*
Now still in the learning process,enter without any confidence has no difference than gambling. Looking for sifu to guide, currently almost done 80% of babypips. laugh.gif How much min deposit is good for flexibility of pips? Have about 800usd ready to invest.
zDarkForceSz
post Aug 27 2014, 05:11 PM

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QUOTE(frontier008 @ Aug 27 2014, 11:50 AM)
understood... good illustration there...

do you normally trade after the news?

sometimes when i observe... news showing good economic report but the currency is heading the opposite direction... why ar?
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because the trillion market is manipulated.
mariochuah
post Aug 27 2014, 06:08 PM

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I just deposit 15k usd into the account. Wish me luck
ironmanfren
post Aug 27 2014, 06:16 PM

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QUOTE(mariochuah @ Aug 27 2014, 06:08 PM)
I just deposit 15k usd into the account. Wish me luck
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Wow, planning to deposit too but not even 10% of urs deposit. cry.gif
frontier008
post Aug 27 2014, 06:31 PM

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QUOTE(mariochuah @ Aug 27 2014, 06:08 PM)
I just deposit 15k usd into the account. Wish me luck
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damn you are rich...!!!
SUShighlowyat
post Aug 27 2014, 07:18 PM

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QUOTE(frontier008 @ Aug 27 2014, 11:50 AM)
understood... good illustration there...

do you normally trade after the news?

sometimes when i observe... news showing good economic report but the currency is heading the opposite direction... why ar?
*
read about smart money
SUShighlowyat
post Aug 27 2014, 07:25 PM

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QUOTE(snake4168 @ Aug 27 2014, 02:09 PM)
Time to buy Gold now?
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still on SELL. Gold is difficult to predict nowadays since 2011

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SUShighlowyat
post Aug 27 2014, 07:32 PM

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QUOTE(maraippo @ Aug 27 2014, 03:14 PM)
for gold i dont think i will go for buy. i will look a window to go short. seems like gold in major downtrend. if scalp or intraday i think is ok to buy.
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IMO not good to trade against major trend. if Daily is downtrend then scalp sell at smaller TF
maraippo
post Aug 27 2014, 08:14 PM

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QUOTE(highlowyat @ Aug 27 2014, 07:32 PM)
IMO not good to trade against major trend. if Daily is downtrend then scalp sell at smaller TF
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true. i'm just pointing if he ever consider to go for buy, or to risk buy, make it small. thus go for scalp or intraday. me myself i will only look for sell.
csong60
post Aug 27 2014, 08:27 PM

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QUOTE(snake4168 @ Aug 27 2014, 02:09 PM)
Time to buy Gold now?
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Not yet .... still can wait.

qwertyuioped
post Aug 27 2014, 10:37 PM

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was shorting eu just now for a quick scalp then this come out. wadefak. moves so fast. luckily got sl.
» Click to show Spoiler - click again to hide... «


This post has been edited by qwertyuioped: Aug 27 2014, 10:38 PM
zul_sur
post Aug 27 2014, 10:51 PM

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seems like SL hunts from marketmaker.
boyvai
post Aug 27 2014, 11:40 PM

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not really.
from your chart i assume that chart tf1 hour.
clearly euro/usd got nice divergence for bull.wrong move bud.
kuzco
post Aug 27 2014, 11:51 PM

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26/8/2014
result
total =185pips profit

eurjpy sell tp1 hit 50pips
gbpaud sell tp 1 hit 75pips, some still running
usdjpy buy tp1 hit 30pips
audusd buy tp1 and tp2 hit 35pips



This post has been edited by kuzco: Aug 27 2014, 11:52 PM


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