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 Forex Version XV, Foreign Exchange Market Discussion

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pai3355
post Feb 11 2015, 10:30 AM

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wow new thread/version here biggrin.gif biggrin.gif
pai3355
post Feb 12 2015, 12:21 PM

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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
pai3355
post Feb 12 2015, 07:49 PM

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QUOTE(Life_House @ Feb 12 2015, 04:17 PM)
can help enlighten why the pips movement follow 3 / 6 / 9 ...  and not the rest like 2 / 4/ 8 ..  ?  thx..
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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 smile.gif
pai3355
post Feb 17 2015, 10:31 AM

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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.
pai3355
post Feb 17 2015, 03:53 PM

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QUOTE(KeroroQ @ Feb 17 2015, 11:09 AM)
You'll never know how much they are going to push the price up
before letting it fall laugh.gif , Waiting for London now, speculation mode laugh.gif
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ya, i'm waiting for it too, 530pm

smile.gif
pai3355
post Mar 2 2015, 03:12 PM

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Lets wait for GBP and EUR news then we will know where these pairs heading to
pai3355
post Apr 15 2015, 11:44 AM

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i have a few friends that can trade around 300-500lot per order. During fx tournament not along ago, there was a woman won the competition and she's also put up to 200lot per order.
pai3355
post Apr 15 2015, 01:38 PM

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QUOTE(oreomambo @ Apr 15 2015, 11:46 AM)
But those fx tournament isn't real money, correct? you can stick in all the lot you can, lose also won't cry over it. Just create another acct wink.gif
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it's a real money smile.gif
pai3355
post Apr 16 2015, 09:17 AM

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QUOTE(Alissa_1989 @ Apr 15 2015, 10:26 PM)
Is that consistently earn profit win every month until today using large lot size ?
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not sure, it happen a few years ago when our broker introduced a 3-month contest. I'm not managing any withdrawal process or account manager right now, so i dont know what happen to her and to the others.

But there are a few people out there willing to enter order in huge lot.

smile.gif
pai3355
post Apr 16 2015, 12:27 PM

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QUOTE(andrewcha @ Apr 16 2015, 12:13 PM)
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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sure, all traders here very kind la

biggrin.gif
pai3355
post Apr 20 2015, 03:14 PM

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eurusd definitely will going back to 1.05 line
pai3355
post Apr 20 2015, 04:53 PM

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QUOTE(cliffang83 @ Apr 20 2015, 03:57 PM)
rclxms.gif  rclxms.gif
Yea.... and the question is when?? brows.gif
*
i dont know, good trader mesti boleh tahan sabar lor biggrin.gif
pai3355
post Apr 23 2015, 05:23 PM

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so far so good for this month:


Attached Image


smile.gif
pai3355
post Apr 24 2015, 09:32 AM

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QUOTE(Pinnacle1295 @ Apr 24 2015, 03:09 AM)
Very impressive & consistent results  rclxms.gif  rclxms.gif
Is this your live account?
*
ya, live account, mini acc only smile.gif

pai3355
post Apr 27 2015, 02:08 PM

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False breakout, sometime occurs when the highest or lowest price nearly 00 or 50 line. Another one if last friday highest price is the highest price of the week, then on monday if price trying to break sometimes it will be a false breakout.

If friday has the highest/lowest price, we should put pending orders on saturday. But since the market is off on weekend, better dont put order on monday. Try to put pending order if there is good reason on it.
pai3355
post Apr 27 2015, 04:28 PM

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QUOTE(Supreme1394 @ Apr 27 2015, 04:19 PM)
I don't get it, why some of you guys keep on saying monday and friday trading is dangerous? hmm.gif
*
for me monday and wednesday is a bit dangerous
pai3355
post May 8 2015, 12:22 PM

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QUOTE(Supreme1394 @ May 8 2015, 06:15 AM)
Eh, how does cameron winning affect eur? and actually how does election results affect the pound?
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Normally price moving against the currency about 1 week before the election. After the election result price will strengthen the currency, no matter which party won the election. Moments later traders will sell the currency to gain profit. So it is what we seen here at GBPUSD graph, price moved upward last night and later we should see price moving down
pai3355
post May 9 2015, 07:13 AM

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gbpusd still intact to move upwards next week, but eurusd is hard to say. It can go up and if hit 1.14 normally next target is 1.15. Also eurusd can go down too, the downtrend momentum is growing
pai3355
post May 18 2015, 12:16 PM

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QUOTE(TheGreatBahamut @ May 17 2015, 03:48 PM)
Just noticed this thread today. I also a forex trader but only have 1 year experience, hope can exchange more idea over here in future. Cheers wink.gif
*
hi there, welcome to LYN forex club biggrin.gif we always exchange idea here, buy and sell despite nobody can guarantee profits tongue.gif
pai3355
post May 19 2015, 11:53 AM

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QUOTE(ObeLIsK @ May 18 2015, 07:00 PM)
hmm, you guys using ea ke?
*
im not using it. If i use it i cant go pro as a fx trader. Good trader dont depends on robot

rolleyes.gif

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