walau why suddenly euro drop liddat one?

ok check calender stupid speech can influence the currency. luckily still can cushioned the fall

This post has been edited by andrewcha: May 15 2015, 09:57 AM

Am new to forex, looking to start invest in forex.. Anyone able to recommend me some Brokers? Hopefully they do provide some class or seminar..

Heard of t1fx / green team / O2 or something... And am totally new, so don't dare to invest my money into them.

Anyone could suggest some really safe forex broker?

PM this taiko i think he can help you

You guys entered the EU train? Are you guys still holding it? Btw fundamental sifu, what JPY gonna be later for the speech?

This post has been edited by andrewcha: May 15 2015, 10:05 AM

This is not how fundamental sifus work. We don't predict speeches. We follow the trend that the comments in the speech will set but never try to predict. It all depends on whether his comments would sound dovish or hawkish to the traders.

The worse fundamentals to trade are speeches and comments. They can swing a trade at any moment. These are not fixed figures that is released but comments than can change in a few minutes.

This post has been edited by sleepwalker: May 15 2015, 10:23 AM

That means you need to glue yourself to the internet for the latest report during their speech?

Btw consider closed all my trades already. Manage to meet my expectation and gain back what i earn during the past month usd *crazy movement*. Not sure still want to trade or not later

There is always opportunities to trade... why stop? scared ahhh

price tend to move actively with possibility going up and down cleaning trades out before settling with a trend. this is where most stop loss are burnt.

i will not trade during news except if i have an open position with 100+pips running ....lol

Im still holding my longs

Cis, suddenly kena challenged. Takpe I resist your temptation. No la after few day trades managed to gain back what i loss so syukur la. Maybe stop for today. My trading pattern atm very funny one i dunno why.

Good for you. We'll see what happen later going south or north. Started to get some mix feeling for the train so i jump off. Like they said, if feeling not right, dont trade.

That is how you can't become a good trader. You are trading on feelings with no analysis. Getting the feelings and emotions out of the way is the biggest hurdle to overcome which no training course can help. This will lead to fear of entry. If your analysis has no conclusion on the direction, then it is ok to stay out of a trade. To say feeling not right then don't trade, then you are going to be in a world of hurt.

There is always an opportunity to trade and it all depends on your timeframe. A scalper will always find something to trade on the 1 min chart. Long term traders will do more analysis and come up with trading strategies similar to those of the banks.

One thing you need to keep in mind. The people who moves the market don't trade by looking at the screen 24/7. They trade with analysis and already placed pending orders ahead of time. That is how support and resistant lines get formed when the huge pending trades are executed.

Thanks bro...For pointing out..

EU today NY market should have movement... i will play short scalping 10pips each hour...right now is ranging less than 25pips

well.... mr sleepwalker did highlight few very important points. bravo

btw, you need to develop a good trading system (i mentioned this a lot)... irrelevant of time frame; it can give you opportunities to trade. even on the thinnest market.

been scalping the market this few days, tired want to sleep...
gbpusd @5770?

This post has been edited by poks: May 15 2015, 01:57 PM

not a good price to enter.. wait NY market..

range not clear direction..mean buyer n seller waiting opportunity..

waiting waiting.....

that level was not bad... small pips also can la

This post has been edited by poks: May 15 2015, 03:23 PM

Guess you're right. When I start to trade to a bigger lot the emotions of trading is VERY different from what I am trading now. Really hard to overcome the feeling.


Ok lo. Made liao some pending order. My EC trade I thought I just make a pending also kicked in liao.

Why need to trade big lots?
why don't keep your trading style now as it is (if it is profitable)..
roll your profit... as long as you're profitable, no problem la bro....

tak cukup makan..

got big tummy.. haha

EU bear now.. hehe..

Lol... tummy big no problem.
if market greed is big problem.
now waiting for the moment.. looking at usdcad & gbpusd..

This post has been edited by poks: May 15 2015, 05:19 PM