wow new thread/version here

update: had a lot till $-3++ but now currently around 2.50. mostly I'm using the moving average of oscillator to predict the trend but babypips says it is sometimes unreliable. Any sifu using the indicator had any advice?

Normally I don't "predict" trends, I just follow the trend,
predicting has blown my account to pieces
The market moves as it wants to, doesn't give a shit anyways
Zoom out of your chart and you will see more clearly of the current trend

cylaipro, spot on!

Thanks for explaining on my behalf!

Well said! Never predict the trend, just be a trend follower.

1 single pullback of 100pips.. if u r stuck with pull back every 30 pip... then u must be "hurt" alot on this technic

Remember when you trend trade ..... it's 2-steps forward 1-step backward for Uptrend & reverse for Downtrend. Don't expect the trend to move in a straight line upwards.

The scenario you mentioned above is more like "gostan-gear".

So the question arises .... how do you know the uptrend is still intact when there is a pullback? For me I look at the MA at higher timeframe.

EDIT:
I just made 58 pips profit from BUYING GBP/JPY

This post has been edited by Pinnacle1295: Feb 11 2015, 08:33 PM


Attached thumbnail(s)

AUD employment change made a killing this morning
down 50 pips raping the currency

hi guys. new here. with small 600usd in trade acc.
just got my 1st 2.59 usd in my forex life.

any advice for ultra newbie pls...

normally 30pips is either the price will go on or pullback a bit. At 60pips the price usually goes to 70pips. And at 90pips there can be a little pullback. Thats the power of 3 6 and 9

can help enlighten why the pips movement follow 3 / 6 / 9 ... and not the rest like 2 / 4/ 8 .. ? thx..

i dont know but nobody control price movement. I teach u 1 thing :

If u see price going to the peak and then turn back, after 60pips set a sellstop and take profit at 70pip from peak.

If price hit bottom then suddenly going up, set buystop after 60pips and take profit at 70pip.

Example:

See EURJPY, yesterday's peak 136.70. Then price sliding down so set a sellstop at 136.09.

Another example is EURUSD , support line at 1.1265. At 1.1326 u enter buy as the price may hit 1.1335.

Now GBPUSD wanna make a nice ressistance line (maybe higher than last week's highest price). Let it go up and then ready to put sellstop.

Well...that is the power of no.6. For number 3 and 9...u can do your own research

wow.. thx for the sharing..

How to open account to play forex If I May know?

PM you already.

is there a compiled list of forex broker's reviewed by fellow lowyat here?

looking for brokers.

appreciate it.

thanks



This post has been edited by silentsniper: Feb 14 2015, 10:26 PM

I don't really use the term "play" for it, if you want play give me money I help you
play hahaha! Either double or blow your account in one day, hey 100% return
worth it kan

I'm using XM, FXCM Both have yet to disappoint me

Previous seminar we made 175pips in the live trading session, guess how much we can earn this time?
This time we are doing a workshop so we really hope to see some existing traders to join us during the evening~
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Wow! Preview also must pay RM97!

If free then maybe can consider, lah!

Eurogroup meetings at 6.15pm, Avoid it if you trade without news,
trade with it if you do news trading, thread safe, trade safe, regards