Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
4 Pages < 1 2 3 4 >Bottom

Outline · [ Standard ] · Linear+

 Forex version XVII, Foreign Exchange Market Discussion

views
     
vergil88
post Jan 13 2016, 08:08 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(Supreme1394 @ Jan 13 2016, 07:53 PM)
I sense GBP going down the drain again, sudah masuk short?  brows.gif
*
masuk when the market open just now. then kena S/L because rebound doh.gif
masuk again just now. hope continue go down. icon_rolleyes.gif
vergil88
post Jan 13 2016, 09:24 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(Supreme1394 @ Jan 13 2016, 09:10 PM)
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 brows.gif
*
doh.gif it cun cun hit my S/L then move resume downtrend. I should put stop lost up abit
vergil88
post Jan 13 2016, 10:13 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(Supreme1394 @ Jan 13 2016, 09:25 PM)
Which pair? Where was your SL?
*
Attached Image
GBPUSD at 1.4475
vergil88
post Jan 13 2016, 10:38 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(Supreme1394 @ Jan 13 2016, 10:33 PM)
In my opinion, actually your SL is not the problem, but your entry is the one which is not at the right time.
*
too early? because i put my entry thinking that is the short term support level.
vergil88
post Jan 14 2016, 01:18 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(cmk96 @ Jan 14 2016, 11:46 AM)
Nice to see screenshot... this tread too much words....  rclxms.gif
*
doh.gif fail trade
vergil88
post Jan 15 2016, 12:47 AM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


AUDUSD rebound? ohmy.gif
vergil88
post Jan 15 2016, 01:51 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


icon_question.gif #Pray for oil price rebound
vergil88
post Jan 15 2016, 08:12 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


http://oilprice.com/Energy/Energy-General/...Domination.html

end of dollar ohmy.gif
vergil88
post Jan 18 2016, 02:02 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(aviera @ Jan 18 2016, 01:57 PM)
Hi,

Gold going down this week? Any thought??
*
why so?
vergil88
post Jan 18 2016, 02:11 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(dembaba9000 @ Jan 18 2016, 02:05 PM)
Y not go up? Oil Investors have to go some where?
*
cry.gif oil going to go down tonight once US market open
vergil88
post Jan 18 2016, 02:56 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(13aby @ Jan 18 2016, 02:38 PM)
How u know?
*
because US lifted Iran sanction yesterday. And this morning asian market open, the price dropped a fair bit already.
when the rest of the world market open, most probably will have even more reaction to that no? hmm.gif


vergil88
post Jan 18 2016, 03:27 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


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.

So, any ideas on the broker guys??
*
rclxms.gif rclxms.gif wow great job if consistently profiting in demo account
vergil88
post Jan 18 2016, 05:24 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(jack2 @ Jan 18 2016, 05:13 PM)
US king day la.. holiday abang
*
sweat.gif oh my. didn't check calendar.
bank no open but they can still trade using electronic trading platform ma hmm.gif

This post has been edited by vergil88: Jan 18 2016, 05:27 PM
vergil88
post Jan 18 2016, 07:40 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(hujimy @ Jan 18 2016, 06:57 PM)
user posted image

floatin floatin floating  rclxms.gif  rclxms.gif  rclxms.gif
*
icon_question.gif noob question here
why your price got 5 decimal points ?
vergil88
post Jan 18 2016, 07:50 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


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.
*
icon_question.gif why mine is 4 decimal point and for YEN pair is 2 decimal places?
related to lot size?
how about your pip? it's 0.0001 or 0.00001

This post has been edited by vergil88: Jan 18 2016, 07:56 PM
vergil88
post Jan 18 2016, 08:33 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(hujimy @ Jan 18 2016, 07:54 PM)
ure using what broker n which pair
*
fxcitizen. it's MM or ECN??

QUOTE(Supreme1394 @ Jan 18 2016, 07:56 PM)
Betul!
Time to change broker then brows.gif
*
lol. i still trading demo. wait till trade live account.

QUOTE(zDarkForceSz @ Jan 18 2016, 07:57 PM)
we call it pipettes.
i think you using a MM broker.
you trading against your broker.

did you finish reading babypips school?
*
sweat.gif haven't finish reading. haha. a lot to read.
vergil88
post Jan 18 2016, 08:56 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(zDarkForceSz @ Jan 18 2016, 08:36 PM)
check your spread. EURUSD 0.0-0.5 / 1.0++
then finish read it. have doubt re-read.
*
EURUSD spread 2 pips ohmy.gif
vergil88
post Jan 18 2016, 11:22 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(Supreme1394 @ Jan 18 2016, 09:01 PM)
wow, it means 20 pipettes? That's HUGE shakehead.gif I think you should change broker man, cause even your demo experience might be bad.
*
doh.gif i go try other broker demo see see

QUOTE(hujimy @ Jan 18 2016, 11:14 PM)
r u using cent micro acc ? hmm.gif
*
ya cent micro account. most basic one. so spread is fixed at 2 pips.
ohmy.gif cent micro account no good?

vergil88
post Jan 19 2016, 11:17 AM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(9kingsir @ Jan 19 2016, 04:40 AM)
3 acct can be chose...

Fixed , variable, ecn

in short, ecn spread is lowest
*
ya. i checked the website. my account is the basic fixed one.

QUOTE(sleepwalker @ Jan 19 2016, 09:01 AM)
That is how the PIP is calculated based on 4 decimal for most pairs and 2 decimal for some. Nothing wrong with yours as it was the Original way of doing it. Even until today, when we refer to 1 pip, we refer to 4 decimal points.

For example on a 4 decimal system the EUR/USD is 1.0880 and each pip is the 4th decimal. So 1.0880 to 1.0881 is considered 1 pip.

A few years years ago most brokers adopted the 5th decimal and you see 1.08800 and the 5th decimal is considered as a pipette which is 0.1 pip. Even with 5th decimal, when we say 1 pip, we mean 10 pipettes (1.08800 to 1.08810).

This is why sometimes you see some new players saying they made 400 pips in one day but actually made 400 pipettes which is only 40 pips.
*
lol. thanks for the explanation thumbup.gif


QUOTE(duplicated @ Jan 19 2016, 09:27 AM)
why you care? even the banks trade is 4 decimal.
*
sweat.gif
vergil88
post Jan 19 2016, 03:36 PM

Getting Started
**
Junior Member
110 posts

Joined: Jul 2011


QUOTE(Pinnacle1295 @ Jan 19 2016, 03:04 PM)
USD/CAD ..... I am in since mid-Nov 2015  rclxm9.gif
*
rclxms.gif care to share how you decided to enter there?

4 Pages < 1 2 3 4 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0398sec    0.48    7 queries    GZIP Disabled
Time is now: 5th December 2025 - 08:34 AM