Forex Version 15 starts here




This post has been edited by kevler: Feb 6 2015, 11:24 AM

Again from the old thread and FIRST!!

open a real account on XM (same broker as demo acc) and claimed the 30$ deposit bonus but didn't show on the balance, what does it mean?

Check your equity and free margin
They don't add to your balance but they give to extra margin to trade

Yea, you should open your own topic
Enter my world on the signature below
I post my own views time to time

Advice needed: Hotforex vs Exness.

Pro and cons please?

Yeah saw it thanks!

Anytime may green pips be with you

best place to compare spread http://www.myfxbook.com/forex-broker-spreads

ikonfx and octafx best spread, anyone has experience with them?

Only if you remove all clickthru links in your signature otherwise I will consider this as advertising for XM which is not allowed. I have already warned you to remove any click thru on your signature but you have chosen to ignore me. If you want to help, do so without expecting anything in return.

yayl~new thread~new month~
not bad result for nfp (based on knowledge from mentor)
**sl to entry time to enjoy weekend
**profit counted in pips~



This post has been edited by louiehky: Feb 6 2015, 10:13 PM

green pips to you You could double or blow an account
during NFP LOL

that's why every trader must know "risk management"
even it run against my order, it will still in my affordable range~
so anyone join the nfp today?

Me Longed UJ and shorted EU
Always use NFP to pump my account haha

Newbies...

Shorted EURUSD
NFP has good risk reward its always worth it

talking about green pips, yesterday scalping on the leverage of 1:100 at major pairs, so far got $1.52 only, but still it's a small step forward.

BTW the swap rice is based on a daily basic is it, notice it during my trade on demo which eats most of the profit away

new post on 2015.... happy pipping

long holiday...start trading again...glad profit till today...only trade EJ for now...so any analysis on EJ next week...? my target it will try to reach 135/136...look at SMA800 its still on uptrend...huhu....

EURJPY...base on technical I'm looking at around 137.6 if the price able to close above 135.18, or else will look for long opportunity at 132.40
**still keen to long order for yen pair

But for USDJPY seem like there might be a short opportunity at H4, looking for opportunity to short since the price is resisted at the top of my symmetrical triangle(as the attachment showed) or if price close above then i will long.

Yet it is just Monday why so rush~just sharing my opinion *trade at your own risk

Ads attachment
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Ticket is selling on EVENTBRITE
Click on the Link and get your seats

damnnn im late for new thread.

Anyways...im asking on behalf of a fren:
There's this person has a MT4 account who let an "experienced" trader to trade on his behalf. Is this person himself able to retrieve all the history of trades made by the trader?

This friend really never traded by himself? Has he even tried to use the MT4 software? He can login himself and download the history of transactions as long as he has the primary login and username. He just needs to install the MT4 software and login to download the statements.

The broker should also be sending a statement of trades on a daily and month basis to the email that registered the MT4 account.

yup. never. zero knowledge on forex.

thx for the help

how much u guys are making in forex??

Those who concern about safety of your money while investing in forex.
I'm currently using the top regulated broker in HONG KONG where the corresponding bank is HSBC and PUBLIC bank.
PM me for more info

Very BIG BANK, gonna be pretty BIG spread too. watch out.

The spread is the same with other broker. Just the corresponding bank to the broker where your money is deposited is in HSBC bank.

Just share the broker's name

I am finally found and settled with a good broker after years of trial and error. If anyone interested can PM me.

Do share with us. I am also tired of broker eval..

yesterday i try see the 3 broker..before this use fxprimus...and but i try demo cityfxpro and exness for demo...but i see fxprimus too obvious not same with cityfxpro and exness...so this fxprimus cheat or what...but regulated.

Can you help to explain what you've observed to come to that conclusion? Fxprimus hunting your stop losses?

I would like to know some good and regulated brokers too. Please and thanks!

I don't understand about xm charges. you need to pay to use their mt4? why?

Its free bruuh

Enough to drink teh tarik

Enough to quit my job for the last 12-months

wow, how you do it? straight using big capital?

Nope, progressively add-on my capital up to 20K+.
Trust me, the amount of capital you have will affect your trading mindset greatly.

I trade very conservatively ..... even with 20K+ deposit, the max. lotsize I traded at any one time is no more than 12 miniLots (or 1.2 standard Lot).


This post has been edited by Pinnacle1295: Feb 10 2015, 01:28 PM

owh, nice one mate.... dream to be a full time trader...
can share your trading strategy... or can pm me you not comfortable with...

and errr... i hope its not a strategy that i have go to class one.....

nice. 12 minilots i presume across multi currencies. don't know where you get the time analyze so many while this is not full time.

how long do you hold your orders for? cycle daily?

Previously I used to trade on H4~D1 time frame and normally hold positions between 3~5 days.

However for the last 5 weeks I have started to use shorter time frame M30~H1 & most positions are closed within 2~3 hours.

EDITED:

I trade 100% on technical, no fundamental & I don't read news. I don't trade any specific pairs, I just studied around 10~15 pairs charts & trade the one I felt giving me strong signals.

This post has been edited by Pinnacle1295: Feb 10 2015, 05:25 PM

Hello fellow day traders, mind to explain why the TP not being triggered? Thanks.

Possibly dued to the spread.

Check your spread, which broker you using, insta?

insta has fixed spread. Btw insta main prob is the always lost connection, definitely not the spread

TP not triggered has nothing to do with 'lost connection'. Once your trade is executed, your SL & PT are registered in the broker's server, not in your PC. You can even switch off your PC after executing your trade.

TP not triggered has nothing to do with 'lost connection'. Once your trade is executed, your SL & PT are registered in the broker's server, not in your PC. You can even switch off your PC after executing your trade.

TP not triggered has nothing to do with 'lost connection'. Once your trade is executed, your SL & PT are registered in the broker's server, not in your PC. You can even switch off your PC after executing your trade.

Sorry for the triple postings. Received 'error message' during initial post so I click 'Add Reply' again twice.

Anyone going to short NZDUSD?
Spoted opportunity for this pair at H4~
For better practice please do wait for this candle as confirmation~
Technique used simple support & resistance & support by Fibonacci Retracement

Greece out from Euro?

with 20K usd and playing rate is 1.20? if everyday u can get 20pip.. then u no need work liao

Theoretically you are right if trade 1.2 std lot x 20 pips profit.

However my trading strategy is normally I start off with 3-minilot, then add another 3-minilots upon pullback & finally add another 3-minilots upon pullback, making a total of 9-minilots in play. But this strategy depends of the strength of the trend. Using this technique, at times I managed to harvest a TOTAL of 300~600 pips per day! In the longer-run my average TOTAL gain is about 65~70 pips per day.

Candlestick prices are based on SELL price. Since you sold, you TP is based on your BUY price which is SELL price + Spread. Your TP is to BUY at 1.5199 but the price action only went to 1.5197 SELL price. Unless your spread is less than 0.0002 (0.2 pips) there is no way your TP would have been triggered.

Turn on the BUY price on your MT4 indicator and watch it move with the SELL price. It gives you a much better picture of your spread.

Okay thanks

Quick correction.. it should be 0.0002 (2 pips).

3minilot =0.3 rate,
what is pullback add another 0.3??

What do you mean ..... 3minilot =0.3 rate ??? I don't understand.

Dollar cost averaging?

It's called "continuation" BUY for uptrend. Dollar cost averaging sounds more for losing trades

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~
http://unbouncepages.com/forex100/

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

Sorry, double posted Hands were too fast

This post has been edited by KeroroQ: Feb 16 2015, 12:26 AM

Thank You for being interested to our workshop
We do understand the concern but the whole team of the workshop is coming from Singapore so we need commitment form the guest, if not no one show up at the end is meaningless, we tried so we know...
So after talk with them there will be a final offer which if the guest are able to confirm the attendance by 4PM today (16th Feb2015), the guest will grant another complimentary ticket.
http://unbouncepages.com/forex100/

By the way, even it is US bank holiday today, USDJPY (H4) is showing a H&S chart pattern,
I will short if the price close below 118.30, it is a chart pattern trade so placing sl is very important & it will be a quite long terms of holding, Happy Piping


This post has been edited by louiehky: Feb 16 2015, 12:57 PM

Thanks for the invitation. Unfortunate unable to make it due to short notice ... maybe next time, ya!

Hi KeroroQ,

Bro, i am also looking at trustworthy broker to start my trading journey. I looking at FXCM right now. But i found they been some problem with their firm last month.

http://www.bloomberg.com/news/articles/201...preads-i4zeetbl

Do they affect the trader's withdrawal process or event freeze withdrawal due this major issue?

Thanks.

This post has been edited by dave185: Feb 16 2015, 04:29 PM

No problem for me on withdrawal from FXCM.

Made a withdrawal recently & it took them 2-working days for the withdrawal to be credited into my Malaysian bank account.

Hi Pinnacle1295,

Thanks for the affirmation.
Cheers.

what about XM? any problems or difficulties in withdrawing of fund?

Hi!

Any idea why I am unable to have the "Add This Attachment" function when I am in another topic, eg. Lowyat.NET -> Special Interest -> Photography, Digital Imaging & Video?

Under this forex topic have no problem. Thanks.



Attached thumbnail(s)

You withdraw using debit card or wire transfer? How about the charges?

Using wire transfer.

FXCM charges = US$40
Oversea Bank charges = US$25
Local OCBC Bank charges = RM10

Hi guys, HMMMM....
Im actually new to forex and wanted to learn more about this..
can you guys give me some tips and simplified about forex
and how to function this applications.

I have tried to apply through online is that safe?
I meant the one in FB and i register and someone from aussie call me..
Im not sure whether is it a hoax as what i know from around my friends say its actually a scam..

sorry for any inconvenience caused.

Sigh..this Greece crisis is really stalling things. It can go either direction...drastically depending on the outcome. Market tested with going north on any form of positive (but false) news of EU having mercy on Greece.

Oh well, hope this is settled soon, else my fav pair is too risky to even hold now. Right now at 12am also no solution. Looks like its gonna drag on.

In the meantime, i need to find another non EUR pair

Nope, just withdraw-ed last month, so far no complications

Nope, just withdraw-ed last week and no problems too

Go read up on babypips, scam because they join groups that shout :" pip ahhh pip ahhh!"
everyday, losers say forex is a scam, well real traders will be like

Try GBP/JPY pair, high volatility, may suit your liking

from the pattern itself we know that eurusd will go down. This morning looks like this pair in neutral area again. But eurjpy has momentum to go down again.

PM me as well