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 Forex Trading Corner, Let's discuss forex strategy

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normeck
post Jan 12 2008, 10:31 PM

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owh..ya ya... i see that....now im using stoch, volume and new added..xzMA....this one can tell u when to buy and when to sell....still trying...
normeck
post Jan 12 2008, 11:00 PM

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u can check it at forexfactory.com in Trading System indicator...just try try abit...the profit that i make was from OZfx indicator...dl tpl...and wallaaa....all in one Stoch and bla bla...

http://forexfactory.com/forumdisplay.php?f=71
check this out...

This post has been edited by normeck: Jan 12 2008, 11:07 PM
normeck
post Jan 14 2008, 12:24 PM

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i recommend my indicator at post #2245
normeck
post Jan 14 2008, 09:50 PM

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i think it refers to LOT...
normeck
post Jan 16 2008, 12:53 AM

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anybody know how to counter news?...should we closed the open trade or jsut set it Stop Lost?
normeck
post Jan 17 2008, 11:26 AM

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QUOTE(billytong @ Jan 17 2008, 09:31 AM)
Normally when u trade the news, about 1-2 minutes before the news launch ur broker will increase the spread to protect themselves.

So it is not wise to take a position right b4 the news (especially the big one) unless it is pretty obvious u are 90% correct about the direction.

Why it is not wise?
1. Spread are larger
2. Market can go 100-200pips up/down, & if u are at the wrong side = pray. doh.gif

For big news(Except Non-farm payroll),

1. If the numbers come out is VERY WAY out expectation, then u will see the market react instantly within 1sec & move at least 100-200 pips afterward.
2. If the numbers come is lower/higher than expectation. Normally it will take 15-30minutes for the market to react.
3. If the numbers come out is just a fraction/same from the expectation. Normally the market will not move much.

Warning: this is just my personal observation. There are not necessary right.

-----------------------------------------------------------------------------------------------------------------------------------------
As for the big move that the euro made yest, Just like what I said b4 days & weeks ago, euro is overbought, a better than expected USD news can push the euro down REALLY hard.
*
thankz for ur info taiko!..

taiko..
1) What is average for normal trader earn?..50 pips per day?...cause i want to benchmark my trade..




This post has been edited by normeck: Jan 17 2008, 11:32 AM
normeck
post Jan 19 2008, 12:18 PM

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hi billy

i like to invest into Forex...
but i would like to start with $50 ...

what are your suggestion?...
from what i post statement to forex forum recently...do you think im ready in Forex?

and i have read a lot about leverage...can help me give an example using this leverage...

and with $50, how long can i get $250 ...very ambitious ..heheh!!..cause i want to trade 1 pip equal $1....heheh...

sorry a little bit spoon fed and poor english
normeck
post Jan 19 2008, 10:35 PM

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QUOTE(kurtkob78 @ Jan 19 2008, 06:02 PM)
hello. i'm trying to trade forex, but until right now, I havent got any profit. Please share any information. Thank you.
*
im new too...if u know the basic LONG and SHORT..then u can go read the indicators....then start trading using Demo account...from Demo account..if got anything to ask...our sifu here can help u.....

there is a web that can help u..like babypips.com...forexfactory.com...try to search and read their forum...

@traders
one more thing...
can anyone show me calculation for leverage....
QUOTE
Let's say you use 400:1 leverage, so 1lot = 25pips,


can give me an example....tq

thankz for everyone that helping me..!

This post has been edited by normeck: Jan 19 2008, 10:35 PM
normeck
post Jan 21 2008, 07:49 PM

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i've just transfer my money...Welcome Live Trading.....
normeck
post Jan 21 2008, 10:07 PM

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im using fx open..Metatrader platform....now reporting +20 pips on LONG GU...0.5 lot...huhuhu!!

This post has been edited by normeck: Jan 21 2008, 10:07 PM
normeck
post Jan 21 2008, 10:31 PM

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OMG!!!..is it true?

www.fxmalay.com

This post has been edited by normeck: Jan 21 2008, 10:34 PM
normeck
post Jan 21 2008, 10:36 PM

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http://www.erlan.info/

please check regarding FXopen

going to sleep now...closed 10 pips for 1st trade..huhhuu!!!

This post has been edited by normeck: Jan 21 2008, 10:54 PM
normeck
post Jan 22 2008, 08:34 AM

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is it we call IB?...what is IB?
normeck
post Jan 22 2008, 09:39 PM

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arghhhhhhhhhhhhh!!!!.....help me....!! margin call!!!
normeck
post Jan 22 2008, 09:57 PM

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GJ -200 pip at 1.0 lot....GU -200 pip at 0.5 lot....
normeck
post Jan 22 2008, 10:06 PM

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when im -130 pips...i assumed that i can minimize the lost...then suddenly, all pair go down....
normeck
post Jan 22 2008, 10:11 PM

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i dont know...i cannot think....and dont have anything to say here..just staring at the chart now...
normeck
post Jan 22 2008, 10:22 PM

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now im not open any trade....its not margin call actually...but dissapointed...this my ss....i want go to sleep now....cry.gif

user posted image
normeck
post Jan 24 2008, 12:10 PM

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yesterday manage to get $3....now floating -$6... mad.gif
how to play EUR/AUD?....their candlestick very2 long one...


Added on January 24, 2008, 12:48 pmi think i cannot trade in the morning la...very suwey one la...always lose


Added on January 24, 2008, 3:44 pmUSD/CHF can go lower 1.0900?

This post has been edited by normeck: Jan 24 2008, 03:44 PM
normeck
post Jan 24 2008, 11:36 PM

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today i manage to get $1.88...try to play long term now...gtg..sleep..

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