Forex Version XV, Foreign Exchange Market Discussion
Forex Version XV, Foreign Exchange Market Discussion
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Feb 11 2015, 10:30 AM
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#1
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
wow new thread/version here
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Feb 12 2015, 12:21 PM
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#2
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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
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Feb 12 2015, 07:49 PM
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#3
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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.. 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 |
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Feb 17 2015, 10:31 AM
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#4
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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.
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Feb 17 2015, 03:53 PM
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#5
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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Mar 2 2015, 03:12 PM
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#6
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
Lets wait for GBP and EUR news then we will know where these pairs heading to
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Apr 15 2015, 11:44 AM
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#7
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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.
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Apr 15 2015, 01:38 PM
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#8
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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Apr 16 2015, 09:17 AM
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#9
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
QUOTE(Alissa_1989 @ Apr 15 2015, 10:26 PM) 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. |
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Apr 16 2015, 12:27 PM
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#10
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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Apr 20 2015, 03:14 PM
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#11
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
eurusd definitely will going back to 1.05 line
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Apr 20 2015, 04:53 PM
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#12
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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Apr 23 2015, 05:23 PM
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#13
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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Apr 24 2015, 09:32 AM
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#14
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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Apr 27 2015, 02:08 PM
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#15
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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. |
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Apr 27 2015, 04:28 PM
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#16
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210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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May 8 2015, 12:22 PM
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#17
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
QUOTE(Supreme1394 @ May 8 2015, 06:15 AM) 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 |
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May 9 2015, 07:13 AM
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#18
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210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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
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May 18 2015, 12:16 PM
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#19
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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 hi there, welcome to LYN forex club |
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May 19 2015, 11:53 AM
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#20
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210 posts Joined: Aug 2013 From: Kuala Lumpurr |
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