Nice setup.

Morning guys, managed to steal some pips on buy stop on NZDUSD, green pips and good morning

ah common fellow forex trader.dont use any math based indicator.maybe using naked chart?gauge where the action of bull and bear fight each other begin?
even that also not guarantee your winning? how come you trusted math based indicator like that?

that rsi , ema , macd , stoc or etc all bullshit lol.

like this analogy . open 2 position. minimum risk rm20 or 20pip . 1 position once hit 30pip go closed one position . second position let it run until 100pip.

find at least 1:3 - 1:5 risk reward ratio. just dont care about the small loss. u just need 1 win from 5 lose to cover all the small loss.that why dont go big or all in style rambo mode . just scaling ur risk from your total capital .

if hit stoploss just cut dont try to fight anymore. find another setup or your next supply and demand area in the chart.

try to adapt the stoploss /risk like volatility of current market trend and dont try to fight the news.maybe after 10 minute?

ahh and if u all have time. try go to the judi shop and beat monyet / pahlawan / mercedes gambling machine using the crowd pyschology and money management and risk reward ratio.

just nice for short

Wonderful... longggg

This post has been edited by poks: Jul 23 2015, 11:11 AM

Attached thumbnail(s)

Great insights bro, thumbs up, I trade naked charts, because price itself is the most leading indicator, I trade off or target price levels that the crowd "must" react

well, like one of the senior here who pointed out to me; candle stick itself is a indicator (it this is your definition of naked chart)
lagging indicators are indeed lagging, but it is useful if you know how to utilize them.
i trade candles/patterns but i do look at indicator just to get a feeling... but if the candles giving me a strong signal, i'll just ignore indicator..

it's a matter of preference...


the magic formula in my opinion which require a lot of patience is ............. good and near perfect "entry"

This post has been edited by poks: Jul 23 2015, 01:43 PM

Actually candlesticks are also lagging, because they form after price has
confirmed it, it' a past action that we use to indicate a higher probability
movement for the future, we can't always get 100% perfect entries,
managing our risk and efficient stop losses are ways to win the marathon

bro. u dont even need the candlestick. what u need are order board where the bull and bear fight each other.
All the big player today always use HFT trading to stay relevant . I am 100% believe they wont use candlestick pattern or indicator to make their trade.
but that another story .

I am just beginner myself ..

u dont need good and perfect entry since we never can predict the market bro.but still 40% chance to make 1:3 average reward much better than betting football or playing slot machine lol
what u can do is to take small lose and take a big win.if u go to conservative way of trading like take 1:1 reward or wide stoploss with breakeven profit u will never make it.

That why in judi shop people called "cari makan" always win .because they take small lose and win big plus they are very expert to control their emotion

oookay .... no worries

Hello, hows your day? waiting for CHF news later. hopre to steal some nice pips

May I know what time CHF news? How come not shown in ForexFactory calender? Thanks.

Sorry, iPhone auto correct. Is CAD retail news.

Some mistake. My apology

No problem! Thanks.

Quick grab on gold.. Nothing special today

Nice one bro. But some ppl think it's too slow. Wan as fast as casino style

Lol....
audusd building pretty good move..
this week pretty tough... not much movement...
gold is always good for quick grab..

On AC now lo.. In blue area waiting tp

Gain 110pips on GU..nice