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 Forex version XVII, Foreign Exchange Market Discussion

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Goodboy92
post Jan 5 2016, 01:42 PM

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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.
Goodboy92
post Jan 5 2016, 01:44 PM

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Please bring me into group so that I can join you guys and learn from you guys
Goodboy92
post Jan 6 2016, 11:17 AM

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QUOTE(carrer @ Jan 5 2016, 09:46 PM)
Where is the link?

What kind of information bankers and hedge funds hide from us?
From what I know, most of the hedge funds can't even outperform the S&P 500.
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LOL sorry about that, <<<<<<http://www.forexfactory.com/showthread.php?t=545132>>>>>>

Or search ForexFactory Forexpervert

I have requested KeroroQ to add in whatsapp hope i get approved

By the way i am More Swing Trader ( Daily Chart )

Anyone trade the same??
Goodboy92
post Jan 6 2016, 11:22 AM

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FOR EVERY SCALPER OR INTRADAY TRADER MUST GO AND SEE WHAT HE IS DOING,

I SEEM LIKE YOU WOULD NEVER GET THE INFO AS A RETAIL TRADER,

SWING TRADER ALSO HAVE A LOOK

CAN KNOW BETTER HOW THE BANKER TRADE.

ELSE MAYBE I AM TOO NEWBIE HAHA

it was a car front screen which tell you what happen next , instead of rearview mirror trading what already happens

and the kind of front screen info , not many people get
Goodboy92
post Jan 6 2016, 11:45 AM

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One question for all,

I am 24 ( 2016 ) , Work get money stay home learn forex

I wondering any job that was more forex related to introduce so that i can work there?

Money running out soon.
Goodboy92
post Jan 6 2016, 12:40 PM

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QUOTE(poks @ Jan 6 2016, 12:29 PM)
How i wish i'm still 24..

I was at one time have the same thinking like you.
"I'm going to work as trader, I'm going to make a lot of money" etc etc

after so many years then i know... i can trade forex with just 1 or 2 (max 5 positions) per month and maintain my account green.

It's normal for newbie with adrenaline to think as such but i tell you; keep it slow...

you'll be ok in 7/8 years time .
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Wow Poks, look like you were a swing trader i have send you a message hope you can reply

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.

With my salary of 2k to max 2.7k? Diploma cert

I cant save money easily enough to stay at home to learn again.
So i hope that i can get into that enviroment and yet get salary XD

Feel like i am a part time student who works for his study haha.
Goodboy92
post Jan 6 2016, 10:49 PM

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QUOTE(carrer @ Jan 6 2016, 10:31 PM)
That guy claims to have level 2 market data. He is either lying or he is trading currency futures.

Level 2 data is available in stocks, futures, etc and most of them are still losing.

Hedge funds have to consider the liquidity constraints, therefore I would say they prefer swing traders than scalpers, except for HFTs.
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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
Goodboy92
post Jan 7 2016, 12:46 PM

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What will happen when our account goes negative? Do we need to pay back? Or go bankruptcy will do?
Goodboy92
post Jan 11 2016, 01:40 PM

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@cmk96 Look like you have your SL at your Capital, good trade
Can teach me how to pyramid/add position to trade?
I still learning that but not easy

@Pinnacle1295 Not sure you have mutiple lots or 1 , with multiple lot you can have different TP , but there must be a TP instead of letting the price run especially when intraday trading , example Normal Daily movement was around 60pips <( i not sure )
so You should have Max60pips of Profit or take half away from that because a reverse was high probability to reverse, else you can wait for a signal or pattern to quit , hope you get it ( it was just a idea, your plan should include much more things to be consider ), yes i was thinking of TAKING ALL OUT before but it was not possible and every professional will tell you that the Market are not going to Zero. not a pro here just my opinion - still demo trading

Trailing Stop was a kind of TP , and you did it with a profit. But seem like not happy with it, maybe it does not suit you. maybe because it cant/never give you the top and bottom price to quit but that was what trailing stop will do.
Goodboy92
post Jan 11 2016, 11:35 PM

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@CallOfLegend not so fast, still down or stall, not going to TP few days , SL not sure. Depend on next few candle.

ALL PRO please comment your opinion on EURUSD - swing trade

I saw BIG UPTREND anyone? very soon



Goodboy92
post Jan 18 2016, 03:00 PM

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QUOTE(OmiCatFace @ Jan 18 2016, 02:47 PM)
Em... I might start off with 2-3k and then slowly go up the chart. anyone can suggest a broker that overall is user friendly and easier to handle and also cost effective in term of cash withdrawer and etc? if there is a good broker that might need a bit extra capital, can let me know too as I dont mind to invest a little more in it since this is an investment  thumbup.gif
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DONT OPEN AN ACCOUNT UNLESS YOU ARE PROFITABLE AT DEMO ACCOUNT ATLEAST

TO TRY THEN TRY 0.01lots which need less than 100usd to trade

Not sure how long you have been in the market of forex.

I am in for nearly 5 years and still not profitable - in demo account!

Some might be better but the fastest i heard was 1 year which most likely will be not true
Goodboy92
post Jan 19 2016, 10:32 AM

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QUOTE(aviera @ Jan 18 2016, 03:23 PM)
A bit of right but nowaday there is a lot of no deposit bonus Broker around. You can just pick one to test them out. If you profit you can withdraw it, if you blow it you have nothing to lose. Search around and check out their terms of conditions.
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Hi Aviera, mind intro a few to me?
Goodboy92
post Jan 19 2016, 09:26 PM

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QUOTE(Pinnacle1295 @ Jan 19 2016, 03:04 PM)
USD/CAD ..... I am in since mid-Nov 2015  rclxm9.gif
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How about exit?
Goodboy92
post Jan 31 2016, 02:36 PM

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Question regarding Volume

MT4 provide tick volume
but i found that they were different among broker especially on Intraday Volume

So who provide the most reliable tick volume? or most Similar to REAL tick volume

FXPRO(mt4) and FXCM(tradingview.com) seem different quite alot on 22.01.16

Daily Chart

Any pro idea?

This post has been edited by Goodboy92: Jan 31 2016, 02:37 PM
Goodboy92
post Jan 31 2016, 03:28 PM

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How to register a demo account on NINJA CHART
Goodboy92
post Feb 4 2016, 09:03 PM

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QUOTE(KeroroQ @ Feb 4 2016, 08:59 PM)
Jackpot EU, TP biggrin.gif have a great day guys
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KeroroQ , It SEEM still going , whats your view , and how you deal with Take Profit "if" market continue?
Goodboy92
post Feb 4 2016, 09:16 PM

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QUOTE(KeroroQ @ Feb 4 2016, 09:13 PM)
I follow my trading plan, my trading plan tells me to take profit at 1.12,
When it hits target means it's a good trade nod.gif even if the market continues I won't care about it laugh.gif
A good trade closed is a good trade earned, end of story laugh.gif
*
ok thanks

mind add me in whatsapp group?
Goodboy92
post Feb 14 2016, 01:18 AM

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any idea trend of next weeks?

EURUSD

This post has been edited by Goodboy92: Feb 14 2016, 01:18 AM
Goodboy92
post Feb 16 2016, 04:59 PM

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QUOTE(andrewcha @ Feb 16 2016, 06:56 AM)
[/spoiler]

So you mean all those so call data/news about US economy is just merely a smokescreen for their currency? In the end is all about the buyer/seller?
*
Shall differentiate Already happen data and future data,

such as Unemployment Rate = Already happen

such as Interest Rate = Future

Goodboy92
post Feb 16 2016, 05:01 PM

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I have question about TICK VOLUME

I somehow found that alot of different TICK VOLUME provided by different broker

and i am now using FXPRO demo which show a more consistence Volume

which is more " tradable "

Previously i have been trying to use volume on mt4 but failed and now i have found the reason

Please comment on this

So for those who trade on volume please notice

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