No SL point?

Using EA for SL.

I see. Just begin to try on forex. Need expert advice from high level sifu-sifu here.

USD menyambung2 power dia..

anyone here scalping 5-10 pips willing to share your technique?

Wise choice for long-term ;-)

gbpusd resistance level at 1.6223 is not so strong, it could be retest back at least to 1.6230 soon.

On Wednesday (07:00) ECB President Draghi will be speaking at a press conference about the European economy. This is highly likely to produce volatility in the Euro as traders try to determine what he is saying. If you want to trade at this time you need to understand that you will be up against the professionals! They are able to disseminate information very quickly (and have machines to do it for them) so the likelihood is that you are going to be behind the curve. However, this is not necessarily a disadvantage - if you can pick up a trend quickly then it may be profitable. But don’t hang around for too long!!

how many people here actually earning in forex?
I heard most of friends actually saying earning forex is through downline commission, most people who tradings are 80% losing

Thanks bro. People rather talk bull sh!t than giving evidence.

Only 1 trade for yesterday, because is friday (infamous stop-hunt) close early too.


-DFS

Go forexfactory.com alot technique shared.

I will say 85% losing.
10% Win > Lose.
5% Really the pro aka the Smart Money aka the Bank aka Hedge Fund aka Central Bank aka RICH RICH GUY.

Down-line commission is pyramid. Those bloody cheater appears in the market.
Guaranty you xx% return per month, give you bloody signal, end up losing your money~
Before you want withdraw 30% of your deposit is absorb by them.
Never join those A.hole because their broker is not even real decent broker.

The other is "Forex Guru", tell you I manage fund. Good result.
End up losing money for ya.

The best thing is learn it yourself become a skill, and if you success you will have extra income to curb this inflation rate in Malaysia.
The journey is long, pain, and no turning back.

-DFS

thank you mate!

Try at your own risk~

-DFS

so will the 3rd party aka broker may actually set us up?
for example, the charts is acting different from the official just to con our money

duplicated.. -delete-

This post has been edited by lyrilmaki: Oct 11 2014, 02:03 PM

All broker(s) contract with different liquidity provider.
i) Different broker(s) do have some different chart.

Same broker also may provide some very very small difference in chart.
i) You chart and my chart might be slightly different.
ii) Connection speed to the broker server is also a factor.

Some broker implied weird rules on trading.
i) eg. i_staforex, you cannot close when you trade hold within xx mins etc.
and a lot more...

-DFS

Do you know anything about STP, ECN, market maker etc ?

Ya no doubt. Some even declare themself as fund manager too. End up losing people money. Aiya. Nowadays many way to manipulate people.

I heard Japan hit by typhoon ? JPY weak ?