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 Forex Version XIV, Foreign Exchange Market Discussion

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SUShighlowyat
post Jul 22 2014, 02:08 AM

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From: Fairtex Bangplee


still paper trade
SUShighlowyat
post Jul 31 2014, 01:42 AM

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QUOTE(W.Vern @ Jul 30 2014, 10:19 PM)
Hi all,

I have just started today  rclxms.gif looking forward to trading and sharing information here.

Just curious, are there any long term fundamental trader here?
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how? fundamental is a bit tricky
good data doesnt mean market will go up.. most of the time it will go upside down
i prefer read chart and follow the trend
SUShighlowyat
post Aug 10 2014, 02:35 AM

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Well it would be good to trade crosses cause they lack much volatility so they are not as much noisier as majors and technical analysis works pretty good on them
SUShighlowyat
post Aug 10 2014, 03:14 PM

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QUOTE(Seng_Kiat @ Aug 10 2014, 05:16 AM)
guys,

is the money earned from Forex is taxable for malaysian?
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yes but not necessary.. unless u earn hundred thousand dollars every month

QUOTE(Seng_Kiat @ Aug 10 2014, 12:05 PM)
guys,

i just started in forex. Registered account but not even approved yet ..

by the way, what is the chart software you using for candlestick?
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all chart software got candlestick. since u r newbie, better stick to MT4 or MT5
SUShighlowyat
post Aug 10 2014, 09:29 PM

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QUOTE(Seng_Kiat @ Aug 10 2014, 07:30 PM)
thanks for suggestion.

By the way, I just open FBS account. Funded a small fund for trial. Do I need to submit any document before I can trade? or I can straight trade? Thanks.
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you can start trade. submit your document before u request withdrawal
but some brokers got different policy
SUShighlowyat
post Aug 11 2014, 11:28 AM

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QUOTE(UbuntuClient @ Aug 11 2014, 10:53 AM)
What is indicator do you use to spot trade reverse?
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semafor level 3
SUShighlowyat
post Aug 11 2014, 05:26 PM

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QUOTE(9kingsir @ Aug 11 2014, 04:27 PM)
Nowadays semafor 3 will fail u..
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semafor is to detect reversal. sometimes it repaints bcoz thats how it works. its not for entry/signal

SUShighlowyat
post Aug 11 2014, 05:55 PM

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QUOTE(UbuntuClient @ Aug 11 2014, 05:44 PM)
I analysis on D1 and W1. Entry on H4.
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exit will determined whether u r profit or not. u can enter anytime anywhere doesnt matter, market will going upside down. work hard on exit
SUShighlowyat
post Aug 13 2014, 05:23 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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the best guru is experience. rarely see ppl give their winning system for free.
most of them sell system or join their affiliate
SUShighlowyat
post Aug 13 2014, 05:27 PM

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QUOTE(9kingsir @ Aug 13 2014, 01:50 PM)
prediction of news?

have u encounter when the market direction go against news?
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most of the time smart money will play this game. they create spike to hunt ppl SL and accumulate their position
and then go with news direction
SUShighlowyat
post Aug 18 2014, 06:37 PM

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QUOTE(9kingsir @ Aug 18 2014, 06:23 AM)
u will burst account
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he is trying to say that fundamental is better than technical
SUShighlowyat
post Aug 18 2014, 07:50 PM

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QUOTE(9kingsir @ Aug 18 2014, 07:45 PM)
Even Phd in economic pun kalah... rclxub.gif
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PHD in economic only good in paper. let put their knowledge into action
SUShighlowyat
post Aug 19 2014, 11:26 PM

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QUOTE(9kingsir @ Aug 19 2014, 09:39 PM)
i m not prefect...

but i gain most of the time..

No perfect strategy.. only mindset...

Gamble on news is a dead wish..

clear your mind.. dun do silly mistake... too close pips dun enter 2 twice..

point a n b must be 15 pips minimum..
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what are you? scalper, intraday? position, swinger or long term trader?
SUShighlowyat
post Aug 19 2014, 11:31 PM

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QUOTE(frontier008 @ Aug 19 2014, 04:45 PM)
i have a micro account but i dare not exercise first because still lack of confidence...
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ive been paper trading since 2007. take your time
SUShighlowyat
post Aug 22 2014, 09:30 PM

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QUOTE(mariochuah @ Aug 22 2014, 08:52 PM)
Seriously, do any Malaysian get rich by trading forex. Excluding those mlm scammer( rcfx , inti makmur, etc)

Anyone really earn n gain dollars purely from forex trading ? Just wondering
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QUOTE(MNet @ Aug 22 2014, 09:08 PM)
so far none get rich by forex
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yes they are ppl really make money from forex as a main source income.. drive Mercs and and got hot secretary/PA

SUShighlowyat
post Aug 22 2014, 11:52 PM

On my way
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QUOTE(qwertyuioped @ Aug 22 2014, 10:57 PM)
just now eurusd move like siao hhahaha. scalp sikit. couldve earn more but i chicken out. lol. anybody caught it just now?
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mine all saying SELL from early July. whoever get caught on the wrong side must be playing with smaller timeframe

user posted image

This post has been edited by highlowyat: Aug 22 2014, 11:53 PM
SUShighlowyat
post Aug 23 2014, 08:45 PM

On my way
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From: Fairtex Bangplee


QUOTE(devin90 @ Aug 23 2014, 04:22 PM)
Bro mind to share what is that line indicator you using for ur main chart? thx  smile.gif
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QUOTE(demolationz @ Aug 23 2014, 04:47 PM)
» Click to show Spoiler - click again to hide... «


Custom ZZ Semafor (BOLOSO in FF)
Custom Kijun Sen
MACD with setting as shown

Correct ?  hmm.gif  hmm.gif
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user posted image
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?
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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

user posted image
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

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