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 Forex Trading Corner, Let's discuss forex strategy

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low yat 82
post Jan 10 2008, 03:13 PM

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QUOTE(billytong @ Jan 10 2008, 02:50 PM)
when u trade GU u can only do one thing now, short on the top.

But at this low I prefer not to do anything.

and of cause the market is waiting for the interest rate announcement from BOE & ECB 7-9pm today. Every is uncertain b4 these 2 event happen.

As for GU, I said we will see 1.95 instead of 2.05 weeks ago. And there is ur 1.95.  cool2.gif
Doing anything on EU or GU now is extremely dangerous.
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QUOTE
if GU go to 2.05 I will likely to short as heavy as I can.

GU is going down. My target breaking below 1.98 I said 10 days ago had reached. I would not be surprise to see 1.95.


wa.... billytong so keng!!! notworthy.gif notworthy.gif thumbup.gif

hmm... wonder wats d effect of d announcement hmm.gif shud i close my open trade rclxub.gif ... but from my chart, it shows end of this month or early next month is d best time to buy..dunno la..


now waitin correct time to buy USDJPY... still no nice signal to go in... today alrady cover bc 12pips.. tongue.gif


Added on January 10, 2008, 10:34 pmkanasai... USDJPY direct go down.. no pullback... haiz...

This post has been edited by low yat 82: Jan 10 2008, 10:34 PM
low yat 82
post Jan 11 2008, 11:32 AM

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QUOTE(MNet @ Jan 11 2008, 01:55 AM)
GU up
put 1000 unit
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mind share ur charts or views? i cant do anythin rite now as my office here no platform or wat so ever... haizz...
low yat 82
post Jan 12 2008, 12:44 AM

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QUOTE(woopypooky @ Jan 11 2008, 06:54 PM)
u can copy your software into pendrive, and bring to office, and straight open from the pendrive.no need install.  thats what i do. biggrin.gif
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thanks... ^.^

QUOTE(traderchan @ Jan 11 2008, 10:10 PM)
forward interest rate differential expectation.
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wat does it means?

this is last 2 days tradin... done a few mistakes again.. haizz....shud have wait for a clearer sign... doh.gif

user posted image
low yat 82
post Jan 12 2008, 05:06 PM

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QUOTE(normeck @ Jan 12 2008, 03:57 PM)
user posted image

trading in Visual...
still did same mistake....better to be extra careful when read the sign...
same like low yat 92 i think...
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wow.. icon_idea.gif icon_idea.gif

btw, how u choose ur lots to trade?


low yat 82
post Jan 12 2008, 10:07 PM

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QUOTE(woopypooky @ Jan 12 2008, 07:52 PM)
how wonderful if we were able to trade USDMYR pair.


Added on January 12, 2008, 7:58 pmi left so many positions open for the weekend. hope monday it will continue in the same direction. biggrin.gif
user posted image
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wow.. nice pips there brows.gif brows.gif

btw, GU did show some sign of strength..mayb a short lived rebound... hmm... wonder i shud close 1st n enter again when weakness show up again.. hmm.gif hmm.gif

for d meantime, there is no sign of bottomin yet..
low yat 82
post Jan 12 2008, 10:22 PM

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QUOTE(normeck @ Jan 12 2008, 10:16 PM)
what indicator u are using LY82?
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told d ma.. on last time post...

QUOTE
i onli use volume,stochastic, n price spread analysis.. this tactic still in trial n error...still need some refinement though..


n of course cant forget MA n trendline for longer term.. thumbup.gif
low yat 82
post Jan 12 2008, 10:47 PM

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QUOTE(normeck @ Jan 12 2008, 10:31 PM)
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...
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ic... rclxms.gif rclxms.gif icon_rolleyes.gif

huh? wat is xzMA?
low yat 82
post Jan 12 2008, 11:39 PM

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QUOTE(normeck @ Jan 12 2008, 11:00 PM)
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...
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ic... smile.gif good luck then...


low yat 82
post Jan 14 2008, 10:08 PM

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close short position d for GU... haiz... shud hav close earlier, but just come bc home >.<" 370pips... ^.^
low yat 82
post Jan 14 2008, 10:47 PM

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QUOTE(traderchan @ Jan 14 2008, 10:27 PM)
aussie to close above 0.90 tonight anyone?
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these few days no time to trade,.... bz wit work >.<

mayb can try swing tradin drool.gif drool.gif
low yat 82
post Jan 14 2008, 11:04 PM

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QUOTE(traderchan @ Jan 14 2008, 10:53 PM)
swing or trend needs higher capital to sustain losses, but its good for me since i work full time and cant sustain the pressure of day trading.
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oic... ^.^


im still do trial n error for volume spread analysis on day trade for GU... seems like it's difficult to work out after 12am... dunno y tongue.gif

im waitin to buy GU in 15min charts.. tongue.gif need wait for confirmation sellin pressure is easin off though... ^.^
low yat 82
post Jan 14 2008, 11:27 PM

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@rstusa, dunno tongue.gif


haizz... no time monitor.... better dun trade... do work 1st.. >.<"

low yat 82
post Jan 15 2008, 12:08 AM

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QUOTE(caspersky @ Jan 14 2008, 11:43 PM)
Hi there. I am new to FOREX and i wish to try it. Can i ask for some advice how to startup and what should i do ? Thanks in advanced.
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wat else? read babypips tongue.gif
low yat 82
post Jan 15 2008, 09:04 PM

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huhhu.. GU go up lar go up lar... ^.^ wanna short again... but certainly not today tongue.gif

tips : if u guys see clearly, it always movin in d same angle ^.^ but need to b cautious, as supply angle n demand angle r same.. can say sama power...lol
low yat 82
post Jan 15 2008, 09:54 PM

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QUOTE(traderchan @ Jan 15 2008, 09:50 PM)
shorted 1 mini lot on GU, going to build another one if it goes up to 1.9850
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wow... so fast.. @.@

still no sign of kaputin wor... hmm... coz it hits d latest upper trendline?
low yat 82
post Jan 15 2008, 10:26 PM

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QUOTE(traderchan @ Jan 15 2008, 10:06 PM)
ya this dead cat could be quite a strong one, maybe can even hit 1.99, too many shorts unwinding, sorry should be 1.9850
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ic.. goodluck to u ^.^

im waitin d sign of kaputin b4 go in

wan day trade also cannot T.T need to do work.. haiz...
low yat 82
post Jan 16 2008, 01:06 AM

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QUOTE(normeck @ Jan 16 2008, 12:53 AM)
anybody know how to counter news?...should we closed the open trade or jsut set it Stop Lost?
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wait for billy tong answer u... he is more wiser around here tongue.gif
low yat 82
post Jan 18 2008, 10:23 PM

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phew.. today then free to see forex... wink.gif any1 usin maxis wireless? damn.. these few days really unstable connection

@billytong, wat is d minimum capital u would advice newbie to put in acc n percentage of capital to use it for tradin?

This post has been edited by low yat 82: Jan 18 2008, 10:29 PM
low yat 82
post Jan 18 2008, 10:56 PM

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QUOTE(jack2 @ Jan 18 2008, 10:40 PM)
$1000, trade 0.1 lot is better.

use 1-3% margin
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use 1:10 leverage ?


low yat 82
post Jan 19 2008, 12:01 AM

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QUOTE(amenlo9 @ Jan 18 2008, 11:27 PM)
to trade 0.1 lot in 1000 account with 1:10 leverage,you will use 100% margin.

10% margin if 1:100 leverage under 1000 account.
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upps.. thanks... forgot d d basics tongue.gif

wa.. trader chan.. u must b smilin to d bank for shortin GU.... hahaha

seems like GU continue go south.. brows.gif brows.gif

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