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 Forex version XVII, Foreign Exchange Market Discussion

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Alex9182
post Oct 15 2015, 09:55 PM

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EU may be not able to go up. blink.gif


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SUSWhoCaresMyName
post Oct 16 2015, 01:37 AM

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QUOTE(carrer @ Oct 15 2015, 09:39 PM)
Don't you think it is a head-shoulder pattern and should be shorted?
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i been observing aj from last week, both au and aj same pattern daily.

i think the rba focus on jpy more than usd.

https://en.wikipedia.org/wiki/Economy_of_Australia

main export partners japan 19.3%
carrer
post Oct 16 2015, 02:04 AM

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QUOTE(WhoCaresMyName @ Oct 16 2015, 01:37 AM)
i been observing aj from last week, both au and aj same pattern daily.

i think the rba focus on jpy more than usd.

https://en.wikipedia.org/wiki/Economy_of_Australia

main export partners japan 19.3%
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Very nice. You did correlation analysis too.
How long have you been trading?
chrisyeap
post Oct 16 2015, 08:11 AM

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QUOTE(poks @ Sep 28 2015, 11:20 AM)
Looks like good long opportunity for USD/MYR
http://screencast.com/t/hOJkYVuNO



SUSWhoCaresMyName
post Oct 16 2015, 09:37 AM

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QUOTE(carrer @ Oct 16 2015, 02:04 AM)
Very nice. You did correlation analysis too.
How long have you been trading?
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1 year but real account just 4 month hehe. as long the au not drop below 7280 then its good.
13aby
post Oct 16 2015, 09:47 AM

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FXPro minimum deposit is $500?
turtle85
post Oct 16 2015, 10:12 AM

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QUOTE(chrisyeap @ Oct 16 2015, 08:11 AM)
Looks like good long opportunity for USD/MYR
http://screencast.com/t/hOJkYVuNO
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I'm using MetaTrader4 but cant found USDMYR... can you please teach me how to trade on these currency? Thanks..
Yun Ho9696
post Oct 16 2015, 11:02 AM

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Hey, do you guys use "buy and hold strategy"? How many of you use this strategy while trading in forex?
Alex9182
post Oct 16 2015, 11:05 AM

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QUOTE(Yun Ho9696 @ Oct 16 2015, 11:02 AM)
Hey, do you guys use "buy and hold strategy"? How many of you use this strategy while trading in forex?
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buy and hold is investing, buy and sell is trading icon_rolleyes.gif
13aby
post Oct 16 2015, 11:52 AM

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QUOTE(turtle85 @ Oct 16 2015, 10:12 AM)
I'm using MetaTrader4 but cant found USDMYR... can you please teach me how to trade on these currency? Thanks..
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There is no way u can trade USDMYR cool2.gif
9kingsir
post Oct 16 2015, 12:51 PM

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Scalping is my food..... swing is also my food...

trending is fren but fren can betray u.. However better than asshole fren betray, poke and like to see u in hell...

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Yun Ho9696
post Oct 16 2015, 01:03 PM

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QUOTE(Alex9182 @ Oct 16 2015, 11:05 AM)
buy and hold is investing, buy and sell is trading icon_rolleyes.gif
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thumbup.gif
okay
Yun Ho9696
post Oct 16 2015, 01:08 PM

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http://sorosign.com/how-to-use-forex-to-pl...or-your-future/
last time MRY/USD pair ... biggrin.gif now already up to 4.x haha
carrer
post Oct 16 2015, 01:22 PM

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QUOTE(Yun Ho9696 @ Oct 16 2015, 11:02 AM)
Hey, do you guys use "buy and hold strategy"? How many of you use this strategy while trading in forex?
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In forex we don't buy and hold because it has no directional bias. This strategy can only be applied in the stock market or indices where they are long-biased.
Yun Ho9696
post Oct 16 2015, 01:27 PM

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QUOTE(carrer @ Oct 16 2015, 01:22 PM)
In forex we don't buy and hold because it has no directional bias. This strategy can only be applied in the stock market or indices where they are long-biased.
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normally the strategy is day trading ?
Pinnacle1295
post Oct 16 2015, 02:14 PM

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QUOTE(carrer @ Oct 16 2015, 01:22 PM)
In forex we don't buy and hold because it has no directional bias. This strategy can only be applied in the stock market or indices where they are long-biased.
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For me, sometimes I do BUY & HOLD for longer-term but strictly based on W1 charts.



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Yun Ho9696
post Oct 16 2015, 02:27 PM

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QUOTE(Pinnacle1295 @ Oct 16 2015, 02:14 PM)
For me, sometimes I do BUY & HOLD for longer-term but strictly based on W1 charts.
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thumbup.gif thumbup.gif thumbup.gif wow. I'm using Sorosign chart.



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carrer
post Oct 16 2015, 03:52 PM

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QUOTE(Yun Ho9696 @ Oct 16 2015, 01:27 PM)
normally the strategy is day trading ?
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No, it should be long-term, like Warren Buffett. Hold for 10 years.
carrer
post Oct 16 2015, 03:55 PM

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QUOTE(Pinnacle1295 @ Oct 16 2015, 02:14 PM)
For me, sometimes I do BUY & HOLD for longer-term but strictly based on W1 charts.
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With some fundamental analysis on the company, buy-and-hold the company's stock is better than keeping the money in the fixed deposit. I believe that is what you are doing.
poks
post Oct 16 2015, 05:04 PM

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QUOTE(chrisyeap @ Oct 16 2015, 08:11 AM)
Looks like good long opportunity for USD/MYR
http://screencast.com/t/hOJkYVuNO
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i like the drawing thumbup.gif

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