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Forex Version XV, Foreign Exchange Market Discussion
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poks
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May 15 2015, 07:02 PM
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Omg... you need to re-evaluate your strategy.. keep discipline in check...
It was a good trend down ie; eurusd gbpusd. If i didn't manage to enter, i'lll just sit back & wait for retrace..
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poks
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May 16 2015, 01:25 PM
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What is UT? I'll advise to learn trading (forex or stock) by yourself. P/s: teach a man to fish, you have feed him for a life time. Teach yourself to trade, and i think you get the point
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poks
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May 16 2015, 02:07 PM
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QUOTE(TheReaderReads @ May 16 2015, 01:48 PM) Thx! UT is unit trust. Lately i see alot of ppl posting forex group pics on their moments on wechat... so I am wondering whether to go see what they have I see. That's safe. I'll advise you then: if those people posting their forex thing, if it's free go and see. But don't put your money in. Learn. But do note that it is high probability of 'scam'. If you love learning and risk learn forex. If you are scared of losing money, UT will be gooding.
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poks
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May 16 2015, 02:08 PM
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QUOTE(andrewcha @ May 15 2015, 08:27 PM) Still longkang arr this week?
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poks
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May 16 2015, 04:29 PM
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QUOTE(TheReaderReads @ May 16 2015, 03:26 PM) Alright. Noted. Will take ur word for it. I have not started doing this sort of stock market investment. Very new. But I do know that the risk is high like in gambling I suppose... Lol... trading is no where near gambling. It is predictable.
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poks
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May 19 2015, 08:47 AM
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Careful on audusd nzdusd. looking for possibility of long..
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poks
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May 19 2015, 01:14 PM
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QUOTE(jack2 @ May 19 2015, 12:32 PM) Use it diam diam can liao.. Later kena shoot by senior here. Can mahh.. no problem... but don't blame people if money lost
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poks
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May 19 2015, 01:38 PM
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Okay... can get profit? come share share... i test my minis account
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poks
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May 21 2015, 10:51 AM
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Interest rate; In my opinion, increasing or lowering interest rate is an indicator to the current economic of particular country. One of the function on interest rate increases is to curb high inflation. you have to do extra homework on interest rate & inflation...  Conclusion, if US increase its interest rate; it is a good sign that the economy is doing good thus increase the demand of usd and it stocks. Otherwise, decreasing interest rate will show the economy is having difficulty thus lowering rate will encourage borrowing, more money to spend and in theory will stimulate growth..
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poks
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May 21 2015, 04:08 PM
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QUOTE(sleepwalker @ May 21 2015, 03:58 PM) How does one gain an education? From books with walls of text.. not a simple diagram and forex is no different. i'll agree to that
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poks
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May 21 2015, 04:49 PM
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QUOTE(taktahuLoL @ May 21 2015, 04:23 PM) ok. I'll try harder next time... it is safe to get to know fundamentals. read a lot. read everything from economic to political situations as these move market. for sure reading gossip will not give you anything .. as time goes by, sooner or later you'll catch the drift.. alamak.... should have traded gbpusd
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poks
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May 22 2015, 02:56 PM
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QUOTE(9kingsir @ May 22 2015, 01:05 PM) HAHA.. bang... if i can go further my studies in ecenomic belum tentu pass forex... kalau i dapt master or phd in economic atau belajar market sentimental/fundamental/psychological on news.. i dah kerja gaji tinggi2...  Â i budak belajar semua fail... hanya forex je ok sedikit..aiks... tak tahu pun forex sekarang boleh belajar.. LOL ..... you're getting the wrong idea. the main idea is to know fundamentals. the ultimate idea is experience. (this is to answer to your " tak tahu pun forex sekarang boleh belajar") i would really like to know if you have traded during Japan earth quake which resulted to fukushima meltdown...? p/s: if you did, you should not be surprised of recent usdchf move This post has been edited by poks: May 22 2015, 02:57 PM
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poks
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May 22 2015, 03:00 PM
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QUOTE(9kingsir @ May 22 2015, 02:20 PM) ok.. now since most ppl cant really understand fundamental and wish go for technical.. then lets talk about technical... now... newbie or not... what is the first thing in mind when u want talk about technical? candle stick, bar, moving average, oscillators, Support and resistance, stoch, parabolics, MACD, harmonic patterns, head & shoulder? or strategies like buying and selling limits? structural pattern limits? safe zone and risk management? ratio R;R? lets do a role play....state your method first.. then i ll break u in failure method... analyze me  am i wrong? should i get out? added another one.... am i right in this trade? This post has been edited by poks: May 22 2015, 03:09 PM Attached thumbnail(s)
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poks
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May 22 2015, 03:45 PM
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QUOTE(andrewcha @ May 22 2015, 03:19 PM) Guess I need to read more about candlestick. This is the only one I know so far  if this is 1D chart, i'll trade it. Attached thumbnail(s)
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poks
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May 27 2015, 07:25 AM
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QUOTE(silent_killer @ May 22 2015, 11:20 PM) Whenever theres a earth quake in japan, japanese yen, USD & Swiss CHF will rise. Lol... let me share my pov. I'm refering japan earth quake because during that period chf was defended by the central bank (cb). We have seen many cases that whenever cb start to defend currency they tend to give up. Ie: pound vs soros & our RM vs the short... i think from these cases we can clearly see chf defending will fall short sooner or later. There are few occasions from there on that the cb of chf given out statement that they will defend chf and the movements were hectic, only to return to it's previous move. I just can be surprised with the recent moves.. lol... As for jpy, i believe it is manipulated/defended and i'm not gonna get myself in for any suprises
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poks
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May 27 2015, 07:31 AM
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QUOTE(csong60 @ May 27 2015, 02:58 AM) It is supposed to drop further cos' it is in long-term downtrend! Yes it is true technically. fundamentally, here's what i think; there have been news of usd interest rate increase. Last friday i think the usd cpi is in good position if not better, that will be a fuel for the move as the fed might increase interest as being said earlier. This is sign of good economic of US, demand of usd will soar. But do be careful of suprises
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poks
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May 27 2015, 07:35 AM
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QUOTE(KeroroQ @ May 26 2015, 06:42 PM) Yeap, I told my friends about liquidity makers and stop lost hunting, he just told me that's crap lol  That's why i don't have stop loss. I only take certain amount as loss. When it reach that amount, i close all trades and go plant some vege
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poks
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May 28 2015, 01:23 PM
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 still on chf.... when you know previous movements of price/fundamentals of the currency, you know better not to get yourself involved with that pair. no matter how great is your stoploss, nothing can protect you (ie in the case of chf) still the best strategy is not to trade that pairs (before the plunge)... see, it just get back to it previous level.. lol that QUOTE(andrewcha @ May 28 2015, 11:25 AM) Just want to know again what happen actually that time chf bull so much again? just a summary. this one if really caught on fundamental news sure untung kao kao it's history repeating itself, ie; whenever a central bank defending currency, they tend to fail overtime. This post has been edited by poks: May 28 2015, 01:28 PM
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poks
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Jun 3 2015, 10:51 AM
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QUOTE(lepet @ Jun 2 2015, 09:46 PM) Close eu trade... 2 position... why close so early?  QUOTE(Zanmai0146 @ Jun 3 2015, 01:26 AM) too many scammer here. Me with some friends chipped in and start invest ourself. Don't use forex as a scheme get rich. I trade forex to cover daily expenses only, like rental, car loan or utilities bill. So far we are success. Daily $100 profit and satisfy with it. If u think forex can give u Ferrari or a lambo? Then u too naive, better go casino. More even faster. when it look too good, high chances that it is a scam in working.. This post has been edited by poks: Jun 3 2015, 10:52 AM
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poks
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Jun 3 2015, 11:27 AM
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QUOTE(lepet @ Jun 3 2015, 11:18 AM) Hurmm... then what should be the target... still a long way to go for me
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