Forex version XVII, Foreign Exchange Market Discussion
Forex version XVII, Foreign Exchange Market Discussion
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Jan 12 2016, 11:02 PM
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#21
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Senior Member
864 posts Joined: Oct 2011 From: planet earth |
GBP continues to go down the drain
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Jan 13 2016, 12:15 PM
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#22
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864 posts Joined: Oct 2011 From: planet earth |
QUOTE(vergil88 @ Jan 13 2016, 12:28 AM) Dunno, seems to be retracing heavily now QUOTE(lowya @ Jan 13 2016, 08:19 AM) because, most successful traders spent years of hardwork and tens of thousands of screen time before they could achieve it, in the end its a probability game. I agree If you don't have time to learn forex but are really good in probability calculation, suggest you just play roulette for fast action, with a good money management, you could win much faster than trading as it takes only 1 hour to see the game play results as compared to 1 session (about 8 hours) in forex. |
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Jan 13 2016, 07:53 PM
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#23
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864 posts Joined: Oct 2011 From: planet earth |
I sense GBP going down the drain again, sudah masuk short?
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Jan 13 2016, 09:10 PM
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#24
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864 posts Joined: Oct 2011 From: planet earth |
QUOTE(vergil88 @ Jan 13 2016, 08:08 PM) masuk when the market open just now. then kena S/L because rebound There's a way to avoid getting hit by rebound. Wait for price to retrace, then wait for price to confirm that it want to resume momentum. Sometimes price also can go reverse-momentum, which is the opposite direction. Main thing is wait for price to drop hints masuk again just now. hope continue go down. |
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Jan 13 2016, 09:25 PM
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#25
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 13 2016, 10:33 PM
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#26
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 13 2016, 11:28 PM
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#27
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 14 2016, 03:42 PM
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#28
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 14 2016, 05:03 PM
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#29
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Senior Member
864 posts Joined: Oct 2011 From: planet earth |
Massive price movements now. If all goes well, prepare to short AUDUSD
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Jan 14 2016, 05:20 PM
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#30
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864 posts Joined: Oct 2011 From: planet earth |
Not yet missed, wait for 5.30p.m reconfirmation on M30 whether the bar ends weak or not
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Jan 14 2016, 05:30 PM
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#31
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 15 2016, 01:29 PM
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#32
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 15 2016, 03:30 PM
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#33
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864 posts Joined: Oct 2011 From: planet earth |
Looks like AUDUSD is having a tough time breaking the resistance at the bottom. Expecting a heavy retracement if price really still wants to go down...
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Jan 15 2016, 04:31 PM
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#34
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 15 2016, 07:02 PM
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#35
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 18 2016, 03:49 PM
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#36
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864 posts Joined: Oct 2011 From: planet earth |
QUOTE(OmiCatFace @ Jan 18 2016, 03:25 PM) sorry to hear that but that is quite a sad case to see... but I am using the Demo account now and has been with it for almost a month now while doing some research and studies on chart analysis. usually can get 10-20pips whenever I try the Demo in that day. I still havent really got the full confidence yet but I would like to know what is the choices I have now. Hopefully in the next 2-3months, I can start an account. I'm using ICMarkets. Don't start a live account after a few months of demo trading. Because the market changes and you can't possibly know how the market works in that short timeframe.So, any ideas on the broker guys?? I was like you, demo traded and grew my account up to 100% after a few months of trading. Thought I knew what I was doing then jumped to live trading. That's when my losing streak began, unfamiliar market environments got the better of me. Thankfully now I've found the light at the end of the tunnel. |
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Jan 18 2016, 05:47 PM
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#37
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864 posts Joined: Oct 2011 From: planet earth |
QUOTE(OmiCatFace @ Jan 18 2016, 05:09 PM) I see... Thanks for the info. I do understand n heard some of the story that many did successfully in Demo but then failed when doing it Live. Maybe is due to the emotions when v r playing with real money that is why.... that's why many of them says that come out with the capital which you are ready to loss; not thinking on how much you are going to loss... Yes, I agree some people find it harder to manage their emotions when trading live. But even while I was trading demo, I treated it in all seriousness as if I was dealing with real money. Had sleepless nights trading demo too, that's how serious I was Any tips on how and when i should starts? And then again, any good suggestion on Forex brokers in Malaysia? In my opinion, you should at least try demo trading for 1 year, at least at the end of it if you're still profitable consistently then you can go live. Or if you really have money you're willing to lose, then there's nothing stopping you from trading live as well. I don't know about forex brokers in Malaysia, mine is based in australia. But XM seems to be the favorite here in this forum. |
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Jan 18 2016, 07:56 PM
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#38
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864 posts Joined: Oct 2011 From: planet earth |
QUOTE(Pinnacle1295 @ Jan 18 2016, 07:48 PM) Correct! Prices are normally quoted in 5 decimal places. For YEN associated pairs, they are quoted in 3 decimal places. Betul!QUOTE(vergil88 @ Jan 18 2016, 07:50 PM) Time to change broker then |
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Jan 18 2016, 08:16 PM
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#39
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864 posts Joined: Oct 2011 From: planet earth |
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Jan 18 2016, 09:01 PM
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#40
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