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 Forex Version XV, Foreign Exchange Market Discussion

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KeroroQ
post Apr 16 2015, 09:37 AM

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QUOTE(andrewcha @ Apr 16 2015, 09:29 AM)
IMHO gbp got Friday news. After Tuesday incident of long usd during news i suggest stay out or see carefully. I hardly follow fundamental in the end kena sapu kao kao. really have to look carefully
*
If you are profitable without news, then skip it, no point risking,
(ps: use pending orders on BOTH sides to catch a sure 30 pips,
why risk when you can safely net some pips? laugh.gif )
blah2blah
post Apr 16 2015, 09:43 AM

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QUOTE(oreomambo @ Apr 16 2015, 10:32 AM)
Don't get hit by the fundamental bus. The spike could hit your SL if it wasn't in your expectation. Your broker should have event calendar. Even apps too for android.
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thank you. was really get hit hard on usd Tuesday evening. everything i trade all kena sapu 100+pips.

QUOTE(KeroroQ @ Apr 16 2015, 10:37 AM)
If you are profitable without news, then skip it, no point risking,
(ps: use pending orders on BOTH sides to catch a sure 30 pips,
why risk when you can safely net some pips? laugh.gif )
*
thank you for your technique. never thought about this also. but really need a PC/big screen to execute. my smartphone doesn't do the job pretty well

poks
post Apr 16 2015, 10:03 AM

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QUOTE(andrewcha @ Apr 16 2015, 09:43 AM)
but really need a PC/big screen to execute. my smartphone doesn't do the job pretty well
*
i trade on smart phone and investing.com %move blush.gif
smaller better hmm.gif
oreomambo
post Apr 16 2015, 10:03 AM

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QUOTE(KeroroQ @ Apr 16 2015, 09:37 AM)
If you are profitable without news, then skip it, no point risking,
(ps: use pending orders on BOTH sides to catch a sure 30 pips,
why risk when you can safely net some pips? laugh.gif )
*
Good for NFP smile.gif

I buy both side and adjust SL/TP 1 or 2 mins before. However, nowadays, 30 pips bracket is also kinda risky if at the wrong side..gotta expand further.
oreomambo
post Apr 16 2015, 10:06 AM

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QUOTE(poks @ Apr 16 2015, 10:03 AM)
i trade on smart phone and investing.com %move  blush.gif
smaller better  hmm.gif
*
yeah..i had to do that too since not a full time trader that has the luxury of PC at home, drawing lines and analysis. This is the disadvantage. But maybe you are a pro already that can trade on naked chart.
poks
post Apr 16 2015, 10:08 AM

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QUOTE(oreomambo @ Apr 16 2015, 10:06 AM)
yeah..i had to do that too since not a full time trader that has the luxury of PC at home, drawing lines and analysis. This is the disadvantage. But maybe you are a pro already that can trade on naked chart.
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no pro, still learning...

btw look out for eurusd, usdcad...
blah2blah
post Apr 16 2015, 10:20 AM

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Attached Image

I don't understand. Time announcement is 1030 but why results is already out? Gain a 50+pips here btw. This unemployment change is the data of no people working or people get back to work? Why lower number is better? Sorry as I post this kinda thing here. Trying to learn and establish myself here also.
jack2
post Apr 16 2015, 10:22 AM

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QUOTE(andrewcha @ Apr 16 2015, 10:20 AM)
Attached Image

I don't understand. Time announcement is 1030 but why results is already out? Gain a 50+pips here btw. This unemployment change is the data of no people working or people get back to work? Why lower number is better? Sorry as I post this kinda thing here. Trying to learn and establish myself here also.
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You set wrong DST. DST has been started.
blah2blah
post Apr 16 2015, 10:25 AM

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QUOTE(jack2 @ Apr 16 2015, 11:22 AM)
You set wrong DST. DST has been started.
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How/Where to set boss? On my PC or the website on its own?
KeroroQ
post Apr 16 2015, 10:26 AM

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QUOTE(oreomambo @ Apr 16 2015, 10:03 AM)
Good for NFP smile.gif

I buy both side and adjust SL/TP 1 or 2 mins before. However, nowadays, 30 pips bracket is also kinda risky if at the wrong side..gotta expand further.
*
yeap, not too tight, for news like NFP, if you missed the train,
wait for the first 15m candle to retrace and enter on the next,
the second candle follows through like.... 95 out of 100 times? laugh.gif
better use pending to catch one side sure pips, buying both sides will
eat up your profits
jack2
post Apr 16 2015, 10:27 AM

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QUOTE(andrewcha @ Apr 16 2015, 10:25 AM)
How/Where to set boss? On my PC or the website on its own?
*
Should be the website itself...
daus89
post Apr 16 2015, 10:28 AM

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QUOTE(KeroroQ @ Apr 16 2015, 10:26 AM)
yeap, not too tight, for news like NFP, if you missed the train,
wait for the first 15m candle to retrace and enter on the next,
the second candle follows through like.... 95 out of 100 times? laugh.gif
better use pending to catch one side sure pips, buying both sides will
eat up your profits
*
how many pip u put for ur pending for both side?
oreomambo
post Apr 16 2015, 10:28 AM

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QUOTE(KeroroQ @ Apr 16 2015, 10:26 AM)
yeap, not too tight, for news like NFP, if you missed the train,
wait for the first 15m candle to retrace and enter on the next,
the second candle follows through like.... 95 out of 100 times? laugh.gif
better use pending to catch one side sure pips, buying both sides will
eat up your profits
*
I would change to pend order next round. Notice that the spread is harmful to SL. half more month to go..
blah2blah
post Apr 16 2015, 10:39 AM

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Nothing to trade atm. All the train is moving already.
blah2blah
post Apr 16 2015, 10:40 AM

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QUOTE(KeroroQ @ Apr 16 2015, 11:26 AM)
yeap, not too tight, for news like NFP, if you missed the train,
wait for the first 15m candle to retrace and enter on the next,
the second candle follows through like.... 95 out of 100 times? laugh.gif
better use pending to catch one side sure pips, buying both sides will
eat up your profits
*
Will try your method on both pending side. Thanks for the golden route
blah2blah
post Apr 16 2015, 10:51 AM

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QUOTE(jack2 @ Apr 16 2015, 11:27 AM)
Should be the website itself...
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So the DST should be On or Off?
jack2
post Apr 16 2015, 11:12 AM

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QUOTE(andrewcha @ Apr 16 2015, 10:51 AM)
So the DST should be On or Off?
*
on
taktahuLoL
post Apr 16 2015, 11:18 AM

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QUOTE(andrewcha @ Apr 16 2015, 10:20 AM)
Attached Image

I don't understand. Time announcement is 1030 but why results is already out? Gain a 50+pips here btw. This unemployment change is the data of no people working or people get back to work? Why lower number is better? Sorry as I post this kinda thing here. Trying to learn and establish myself here also.
*
Not really sure myself but I think it's because the actual numbers is better than forecast numbers even though is lower than the previous one. I usually refer to forexfactory.com if i'm not sure what the news is about.
[URL=user posted image



QUOTE(andrewcha @ Apr 16 2015, 10:51 AM)
So the DST should be On or Off?
*
Turn off the DST on settings.
jack2
post Apr 16 2015, 11:32 AM

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QUOTE(taktahuLoL @ Apr 16 2015, 11:18 AM)
Not really sure myself but I think it's because the actual numbers is better than forecast numbers even though is lower than the previous one. I usually refer to forexfactory.com if i'm not sure what the news is about.
[URL=user posted image
Turn off the DST on settings.
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If he turns on the DST, it will observe the changes during DST starts or ends... If off, then it won't observe so he gets wrong time la
blah2blah
post Apr 16 2015, 12:13 PM

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can i post here often to learn more about trading? i might posting mostly irrelevant stuff. sifu sifu here please guide me ya

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