QUOTE(Supreme1394 @ Jan 13 2016, 07:53 PM)
masuk when the market open just now. then kena S/L because rebound masuk again just now. hope continue go down.
Forex version XVII, Foreign Exchange Market Discussion
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Jan 13 2016, 08:08 PM
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Jan 13 2016, 09:24 PM
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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 |
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Jan 13 2016, 10:13 PM
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Jan 13 2016, 10:38 PM
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Jan 14 2016, 01:18 PM
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Jan 15 2016, 12:47 AM
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AUDUSD rebound?
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Jan 15 2016, 01:51 PM
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Jan 15 2016, 08:12 PM
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Jan 18 2016, 02:02 PM
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Jan 18 2016, 02:11 PM
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Jan 18 2016, 02:56 PM
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Jan 18 2016, 03:27 PM
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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?? |
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Jan 18 2016, 05:24 PM
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Jan 18 2016, 07:40 PM
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Jan 18 2016, 07:50 PM
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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. 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 |
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Jan 18 2016, 08:33 PM
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QUOTE(hujimy @ Jan 18 2016, 07:54 PM) fxcitizen. it's MM or ECN??QUOTE(Supreme1394 @ Jan 18 2016, 07:56 PM) 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? |
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Jan 18 2016, 08:56 PM
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Jan 18 2016, 11:22 PM
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QUOTE(Supreme1394 @ Jan 18 2016, 09:01 PM) wow, it means 20 pipettes? That's HUGE QUOTE(hujimy @ Jan 18 2016, 11:14 PM) ya cent micro account. most basic one. so spread is fixed at 2 pips. |
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Jan 19 2016, 11:17 AM
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QUOTE(9kingsir @ Jan 19 2016, 04:40 AM) 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. lol. thanks for the explanation 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. QUOTE(duplicated @ Jan 19 2016, 09:27 AM) |
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Jan 19 2016, 03:36 PM
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