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 Forex Version XVI, Foreign Exchange Market Discussion

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DeJaV00
post Jul 10 2015, 09:58 AM

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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 biggrin.gif
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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?
poks
post Jul 10 2015, 10:11 AM

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You closing your gold short? I'm just planning to short... hehehe
jay_y
post Jul 10 2015, 10:53 AM

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QUOTE(poks @ Jul 10 2015, 10:11 AM)
You closing your gold short? I'm just planning to short... hehehe
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I'm also planning to short also..
But not now smile.gif

smile.gif smile.gif smile.gif smile.gif smile.gif
KeroroQ
post 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 laugh.gif 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
*
icon_rolleyes.gif let's see how asian session plays out, London coming laugh.gif
Zanmai0146
post 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
blah2blah
post Jul 10 2015, 02:35 PM

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Thats it for me this week. Stop liao all trade.
jay_y
post Jul 10 2015, 02:40 PM

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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.
Zanmai0146
post 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.
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Why? You scared by the market?
carrer
post Jul 10 2015, 03:22 PM

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Gold looks like losing its momentum being bearish.
kensh!!n
post Jul 10 2015, 04:04 PM

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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.
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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


poks
post 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
KeroroQ
post 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 laugh.gif
poks
post Jul 10 2015, 04:45 PM

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practice make perfect....... very very true (of course after few blown accounts)

lol
Zanmai0146
post 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.
carrer
post 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.
kensh!!n
post Jul 10 2015, 06:36 PM

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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 biggrin.gif

As Bruce Lee nailed it:

user posted image
csong60
post 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
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I have the following ebooks on Ichimoku. PM me if interested.
Zanmai0146
post Jul 10 2015, 10:00 PM

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GBPAUD BUY stop @2.0900 TP@2.0980 80pips profit
Zanmai0146
post 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
barbar554
post Jul 10 2015, 11:55 PM

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GBP crosses all very strong today.
Made some nice profits.

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