To all IB(s),

Thank you for your Invitation to Treat.
I'm not going to make any offer nor consideration nor acceptance nor intention to create legal relation.
Please stop PM me about commission rebates, academy to learn forex, free account, bonus, trading advice.

I'm just a normal trader, I don't need any extra stuff.
My main concern is I profit, You profit, no people fail.

Trading advice is,
1. Be patience.
2. Keep it simple.
3. Don't guess when the market will reverse.
4. Trade what you see.
5. Never chase the High(s) nor Low(s).
6. Price is the lagging of Big boys intention, Indicator is lagging's lag.
7. God bless you.


- zDarkForceSz

This post has been edited by zDarkForceSz: Jul 2 2014, 02:02 PM

Please check your VAULT.
In your vault there will be a Transaction History, check your withdrawal status accordingly.

If you withdraw to your VISA/Mastercard, then you just wait these method need extra time to process accordingly by those company.

Chill~
We're here to discuss about Forex, exchanging ideas on trades.
Retailer fighting against retailer for what?
Lets fight Smart Money together. Cheers.

____________________________________________________________
btw, mchicken's ea is doing great.
heard of his ea last year, and he's still here. keep it up bro!
even open a zulu lol.

This post has been edited by zDarkForceSz: Jul 12 2014, 02:08 PM

Keep it simple.

what ever method it is, use what you have learn.
keep it simple.

A mentor once told me,
"Price is the lagging of SM's intention, Indicator is the lagging's lag."

Good to see you back.
Hope you recover soon.

thomson reuters. 2mins before major release and more.

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

Bank buying @ 3.1155 MYR per USD means we are Selling at 3.1155. Bank selling @ 3.1945 means we are Buying @ 3.1945 per USD.

So you Buy USD/MYR @ 3.1945 (Ask), you get 3.1155 (Bid) if you close your position now.
1 standard lot (10 USD per pips)
you lose 7900 USD
you only earn money when BID > 3.1945 (the price where you bought)


that example is too hard to understand. I take a realtime forex pair and show you
Lets use EUR/USD
EG. current price 1.33498 (Bid) & 1.33500 (Ask). Spread therefore is 0.2pips
So you currently lose 20 USD (1 standard lot = [1pip = 10 USD]) the moment you enter the market excluding commissions.

If you buying EUR/USD means you Buying Euro and Selling USD
so you long (buy) @ 1.33500, 2 situation happen:
i) 1.33000 (Bid)
You close your position here. Means you Sell Euro and Buy USD.
You long (buy) @ 1.33500 (The ask price you get that moment)
Current BID price @ 1.33000, = You lose 50 pips
1 standard lot (1pip = 10USD), you lose 500 USD exclude commissions.

ii) 1.34000 (Bid)
You close your position here. Means you Sell Euro and Buy USD.
You long (buy) @ 1.33500 (The ask price you get that moment)
Current BID price 1.34000 = You win 50 pips
1 standard lot (1pip = 10USD), you win 500 USD exclude commissions.

Why don't you open demo and try out?

This post has been edited by zDarkForceSz: Aug 19 2014, 04:25 PM

Always the best. Clean and Clear.

Who copy you lol? You copy people la.
Change name. Pegasus too normal.

pips doesn't means profit if your lot size is not consistence.
You can +100USD with +1 pip, you can -100USD with +1pip.
pips is just a measurement. 0.999x9
the x is the unit we call PIP

because the trillion market is manipulated.

If is demo, don't take the trouble to tell us.

Normal Human states of mind,
Demo earn gao gao.
Real lose gao gao.

Same strategy, Same method.

What is different?
Mindset.
You can let your lose float beyond -20%, but you hardly let your profit float beyond +10%.

"definitely".
Once in a blue moon sure we will se 1.6520 again.
But the problem is when? 1sec/1minute/1hour/1day/1month/1year/1decade/1century/1millennium

they try to secure their own business ma. 50k lol.

Just my POV, pips is nothing when your trading size is not consistent.
You can win 100pips yesterday & lose 50pips today. But your lot size is 2x of yesterday. you still lose money.

Trading is about consistency, self management and most important skills of course.

Stop firing and argue, tittle " ... Foreign Exchange Market Discussion"
Post more chart discussion rather than firing nonsense.

bro, when you gonna firing the market? you had been prepared for so long.

EURUSD very choppy right now, FOMC (2am) + Draghi (11pm) on thursday.

fomc break liao lor~