I dun reali understand what u want..u means about the scam or trading strategy? Coz u mention newbie..or u means about the class?

If about the class:
Lately,there are many scams using forex trading..just like one of our member posted (give RM10K to start etc)..so one of the reason my team organize this class is to expose what is forex trading to newbie so they wont kena scam etc..beside that,we will guide them how to use simple analysis tools in mt4 so they can start doing analysis on their own..and we will guide the audiences on how to earn passive income in forex (affiliate,commission,bonus,autocopy trade) coz beside trade,we can generate income in other ways..and of coz,we have our advance class for individuals that willing to pay..RM2500 per session (life time support in telegram group including analysis,signal etc)..so far most of our advance students are really satisfied and they did recommend us to their friends..

If about trading strategy:
I use basic tools such as trendline,support and resistance (marking from weekly until H1)..then i will recognize the chart pattern to predict what will happen in the future..coz as we all know,trading is about probability..and i am using several basic indicators (the setting cannot be exposed to protect our advanced technique "sorry guys") to identify the entry point and our cutloss point..

I hope i make it clear to everyone here..hehehe..sori for bad english..

anyone here knows mt4 programming?? i need your help to create a simple indicatorless martingale EA, please

it's martingale so 100% win until you blow up your account in ranging market but with good MO and lots of capital you can prevent that

it's like EA in this thread but there are many differences, refer to post 1452

http://www.forexfactory.com/showthread.php?t=109589

I think a simple EA should be created with this logic .... the EA need not have any benchmark indicator.

1. The EA set up 1 BUYSTOP order and the 1 SELLSTOP order away in equal increments from a middle starting point.

2. When price triggers one level,
Example: When the price is at 1333.00, BUY is triggered 0.01 lot with TP at 1343.00 & SL at 1317.
Having a BUY open position, the EA shall immediately open a pending Sellstop 500 points below ie open a SELLSTOP at 1328.00 with 0.02 lot (2x the lot of the last Buy position) with TP at 1317.50 & SL at 1343.50 (Spread added assuming that the spread on Gold is 50).
Suppose the price goes down to 1328 then it will trigger the pending SELL sellstop 0.02 lot.

3. When the sellstop order of 0.02 lot gets triggered, the EA mustagain immediately open a pending BUYSTOP with 0.04 lots (2x the last trigerred order), 500 points above the sale level at 1333.00 with same TP at 1343.00 & SL at 1317.
Suppose the price rose to 1333.00 then pending BUYSTOP will get triggered with 0.04 lot.

4. When this happens then again the EA must make SELLSTOP of 0.08 lots at 1328.00 (2x open buy lot earlier) ... this countinues till the basket hits either the TOP TARGET PRICE OF 1343.00 or the BOTTOM TARGET PRICE OF 1317.00.

Suppose the price rises & hits the TP of the BUY positions @1343, at the same time simultaneously, it will also hit the SL of the SELL positions @ 1343.50 (50 spread included).

Similarly in case the price falls & hits the TP of the SELL positions @ 1317.50 (50 spread included), at the same time simultaneously, it will hit the SL of the BUY positions @ 1317.

This way all the BUY & SELL positions will close simultaneously resulting in sure profit no matter where the market moves, when one of the top or the bottom targeted prices is hit, profit will be made. in fact the longer it takes to reach such point, the more money it will make!

it's martingale so 100% win until you blow up your account in ranging market but with good MO and lots of capital you can prevent that

it's like EA in this thread but there are many differences, refer to post 1452

http://www.forexfactory.com/showthread.php?t=109589

I think a simple EA should be created with this logic .... the EA need not have any benchmark indicator.

1. The EA set up 1 BUYSTOP order and the 1 SELLSTOP order away in equal increments from a middle starting point.

2. When price triggers one level,
Example: When the price is at 1333.00, BUY is triggered 0.01 lot with TP at 1343.00 & SL at 1317.
Having a BUY open position, the EA shall immediately open a pending Sellstop 500 points below ie open a SELLSTOP at 1328.00 with 0.02 lot (2x the lot of the last Buy position) with TP at 1317.50 & SL at 1343.50 (Spread added assuming that the spread on Gold is 50).
Suppose the price goes down to 1328 then it will trigger the pending SELL sellstop 0.02 lot.

3. When the sellstop order of 0.02 lot gets triggered, the EA mustagain immediately open a pending BUYSTOP with 0.04 lots (2x the last trigerred order), 500 points above the sale level at 1333.00 with same TP at 1343.00 & SL at 1317.
Suppose the price rose to 1333.00 then pending BUYSTOP will get triggered with 0.04 lot.

4. When this happens then again the EA must make SELLSTOP of 0.08 lots at 1328.00 (2x open buy lot earlier) ... this countinues till the basket hits either the TOP TARGET PRICE OF 1343.00 or the BOTTOM TARGET PRICE OF 1317.00.

Suppose the price rises & hits the TP of the BUY positions @1343, at the same time simultaneously, it will also hit the SL of the SELL positions @ 1343.50 (50 spread included).

Similarly in case the price falls & hits the TP of the SELL positions @ 1317.50 (50 spread included), at the same time simultaneously, it will hit the SL of the BUY positions @ 1317.

This way all the BUY & SELL positions will close simultaneously resulting in sure profit no matter where the market moves, when one of the top or the bottom targeted prices is hit, profit will be made. in fact the longer it takes to reach such point, the more money it will make!

Comparing Forex to trading Binaries; from my experience, trading Binary (e.g. playing 60 seconds trade) is capable to yield much more profit in a shorter period of time as compared to Forex; but trading Binaries is also quite a lot more risky IMO... In comparison, Forex is rather slow-paced most of the time IMO (exciting sudden ups & downs are rare & only last very briefly)... Trading Binaries certainly makes me far more tense with far more anticipation than Forex (because the win or loses are much bigger under a much shorter period of time)...

For example, just now I was trying a more extreme scalping tactic in Forex (by buying/selling 100,000 units & using 1-2 tick charts), but it was still slow paced compared to trading Binaries IMO... I generally made or lose around $10 only in Forex around couple minutes or so, but in Binaries trading, I was making & losing more than $100 per one minute trades (it was my very 1st time trading Binaries though)...

Forex is now considered to be "very safe" when compared to trading Binaries IMO (before that, Forex was thought to be risky to me, but now it becomes the more conservative option for me; much slower in profit making but also much safer than trading Binaries)...

But of course, if one wants to talk about being the safest, then putting all your money into bank FD (& getting just that few bucks of interest per month) is going to be the absolute safest of all then...

u forget about the tikus king.. biting cheese

I wonder is there a way to check the "volume" of a currency (how often it is being brought & sold) in Forex? Is there an indicator to show an increase/decrease in "volume" of a specific currency in Forex? For example, an indicator that can show a specific currency losing/gaining interest from investors in the Forex market at a given period of time...? (e.g., a higher "volume" means there is more interest...)

EDIT: I think I have found the answer(s) to my own questions;

http://fxtrade.oanda.com/learn/intro-to-cu...is/candlesticks

http://www.babypips.com/school/elementary/...andlestick.html

Happy trading everyone.

Depo 500usd on 22th nov.

any naked chart trader here?

my win rate is hehehe

Hey forex sifus,

I recently made a beginner guide to forex, touching more on my own experiences.

I believe the information is correct, but I can never be too sure. So if anyone have time, do you mind looking at it and see if there's anything wildly wrong?

Link: http://ringgitohringgit.com/2015/12/19/no-...it-forex-guide/

Thanks!

may i know what broker are you guys using?

im using oanda when i called maybank/asked rhb they said transfers to gaming/forex/gambling is banned.  :stars

im using debit card if that makes a difference

Hi all, noob here. Do I need to provide utility bill for registering with brokers? Bcoz I'm still living with my parents. How can I tackle this?

EDIT - Clarity

are you using Maybank to deposit funds into the brokers you mentioned?

my problem now is im wondering if i should open account with another bank so i can contiinue trading with oanda

or change broker so i can use my current maybank account. thanks!

Hi Everyone , I am new here although traded demo for 4 year, below is a link that a pro trader from broker,hedge fund, bank etc?

He shared the information that we retail trader cant get and information that we don't know and what broker and banker hide from us , thanks a lot to him sharing us all these.

LOL sorry about that, <<<<<<http://www.forexfactory.com/showthread.php?t=545132>>>>>>

Or search ForexFactory Forexpervert

But as a swing trader i know no fund/bank( foreign country)  want swing trader, they want scalper only

I just want to get into the enviroment knowing what others and what they doing, what advantage they have.

Carrer , not sure you have stopped on his info or not but try get to skype and his youtube video the info he get was much much more than what we can see, althought i dont know much about that order flow or level 2 things

but he said

normally people can see until 5 level or more? he can see way much, he can see the volume, he can see who is trading with who( big player ) hope you can send me your fb page so that we can have more effective chat haha

<<<https://www.youtube.com/watch?v=uit-_CSHpko>>>

see how he trade <<<https://www.youtube.com/watch?v=0PQCnYwUPeA>>>
around 50lots

Please comment more about what he is doing for those who know exactly

He was some sort of FRONT RUNNER which have the same info as bank or less maybe , and he can outrun bank or join them with their movement ( scalper ) or before them

I am very new to these info , still learning more about it

Anyway i dont wish to make him expose too much , as i think he dont want as well
i only share his info on this forum

Sound like you want to play swing and earn more pips from your trade... I never set stop loss.  Most ppl will not agree on this. Forex is tough... it will shake up those who are not confident enough in their trade... and the trend resume to your initial direction after awhile. My advise is...be patience.

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Oh I see. I'm not sure how to word my explanation properly. But my calculation for stop loss is the same for take profit.



I find a pattern as the same in screenshot (H1 audusd). Draw fibo from point A to B (high low), if price reach C (138% fibo ext), i wait H1 close break the Close price near point A (0.6967) entry at that price. SL an TP is amount of pips move from A to B (64pip). TP i always deduct the spread. so SL & TP is 64 pips away from 0.6967.