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Forex Version XVI, Foreign Exchange Market Discussion
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DeJaV00
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Jul 10 2015, 09:58 AM
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New Member
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QUOTE(KeroroQ @ Jul 10 2015, 09:22 AM) Gonna close gold short here, wait for better setup, patience aha, looking at UCAD, wait for it to sell, no confirmation now though  What confirmation are you expecting? I already see divergence at TF D1 and waiting for it to break 1.2680 but today news seems bleak right?
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poks
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Jul 10 2015, 10:11 AM
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You closing your gold short? I'm just planning to short... hehehe
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KeroroQ
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Jul 10 2015, 11:26 AM
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QUOTE(DeJaV00 @ Jul 10 2015, 09:58 AM) What confirmation are you expecting? I already see divergence at TF D1 and waiting for it to break 1.2680 but today news seems bleak right? Waiting for my "feel" to come  nahhh waiting for one more swing or hunt QUOTE(poks @ Jul 10 2015, 10:11 AM) You closing your gold short? I'm just planning to short... hehehe  let's see how asian session plays out, London coming
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Zanmai0146
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Jul 10 2015, 01:37 PM
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QUOTE(poks @ Jul 10 2015, 10:11 AM) You closing your gold short? I'm just planning to short... hehehe Planing to short EU until Monday.. Wonder how will it become
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blah2blah
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Jul 10 2015, 02:35 PM
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Thats it for me this week. Stop liao all trade.
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jay_y
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Jul 10 2015, 02:40 PM
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Getting Started

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QUOTE(Zanmai0146 @ Jul 10 2015, 01:37 PM) Planing to short EU until Monday.. Wonder how will it become waa.. u plan to hold it throughout the weekend.? Advise not to.
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Zanmai0146
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Jul 10 2015, 02:52 PM
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QUOTE(jay_y @ Jul 10 2015, 02:40 PM) waa.. u plan to hold it throughout the weekend.? Advise not to. Why? You scared by the market?
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carrer
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Jul 10 2015, 03:22 PM
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Gold looks like losing its momentum being bearish.
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kensh!!n
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Jul 10 2015, 04:04 PM
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Getting Started

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QUOTE(carrer @ Jul 10 2015, 04:14 AM) A few years back I was playing around with EAs. I found that Ichimoku is the best performing indicator compared to other conventional indicators. However, I do not currently use it myself. Yeah that's right.. it can give you highest probability of winning trades and isolates false breakouts if you master Ichimoku Kinko Hyo system Even institutional traders use it too along with price action strategies
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poks
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Jul 10 2015, 04:32 PM
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well.... there's a lot of different style of trading using indicators.. but it still require experience.
there is one guy inside this forex forum here trading using ichimoku. one of manes patel associates i believe.. i wonder how is he doing..
i tried ichimoku... just can't absorb.... lol
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KeroroQ
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Jul 10 2015, 04:35 PM
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QUOTE(poks @ Jul 10 2015, 04:32 PM) well.... there's a lot of different style of trading using indicators.. but it still require experience. there is one guy inside this forex forum here trading using ichimoku. one of manes patel associates i believe.. i wonder how is he doing.. i tried ichimoku... just can't absorb.... lol What I believe is just stick to one strategy and master it, there's no holy grail, only with experience with technique and a system
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poks
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Jul 10 2015, 04:45 PM
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practice make perfect....... very very true (of course after few blown accounts)
lol
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Zanmai0146
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Jul 10 2015, 05:00 PM
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QUOTE(kensh!!n @ Jul 10 2015, 04:04 PM) Yeah that's right.. it can give you highest probability of winning trades and isolates false breakouts if you master Ichimoku Kinko Hyo system Even institutional traders use it too along with price action strategies Technique and skill of trading you forever can't catch up with it. Once u mastered one, another new technique came out. So in conclusion, just stick with one.
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carrer
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Jul 10 2015, 06:01 PM
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If I am not mistaken, Jack Schwager was the one who said there are millions of ways to make money from the financial markets.
So, you can focus on one or you can diversify your strategy if you can automate them. Personally for me I only use 2 strategies. However, if you are scalping, 2 strategies would be bad, one is good.
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kensh!!n
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Jul 10 2015, 06:36 PM
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Getting Started

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QUOTE(Zanmai0146 @ Jul 10 2015, 05:00 PM) Technique and skill of trading you forever can't catch up with it. Once u mastered one, another new technique came out. So in conclusion, just stick with one. Yeah agreed As Bruce Lee nailed it:
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csong60
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Jul 10 2015, 07:35 PM
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QUOTE(kensh!!n @ Jul 10 2015, 12:27 AM) Hey guys anyone here using Ichimoku? I'm not a fond of indicators but this really attracts me I have the following ebooks on Ichimoku. PM me if interested.
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Zanmai0146
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Jul 10 2015, 10:00 PM
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GBPAUD BUY stop @2.0900 TP@2.0980 80pips profit
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Zanmai0146
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Jul 10 2015, 10:03 PM
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GA resistance very strong @2.09 if it's break then it will rocket high
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barbar554
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Jul 10 2015, 11:55 PM
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GBP crosses all very strong today. Made some nice profits.
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