Forex version XVIII, Foreign Exchange Market Discussion
Forex version XVIII, Foreign Exchange Market Discussion
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Sep 10 2016, 12:34 AM
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#41
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 10 2016, 01:31 AM
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#42
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 11 2016, 03:26 AM
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#43
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
Massive swing / technical pips expected. Be armored and ready to catch. Remember to use fundamental / economical calendar to support your technical decisions. September going to bring lots of volatility with all major traders coming back to work. Make the best use of it!
I'm going to swing the neck of this market this month... really, that's about time to stop playing and start cooking pips like master pip chief! This month gonna bring back the volatility. That's our time to conquer! |
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Sep 12 2016, 01:00 AM
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#44
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
QUOTE(echothreealpha @ Sep 11 2016, 06:01 PM) It's gonna be a volatile month? Damnit. 5% R/R Ratio would be a good idea. DOnt think volatility is a bad news... but if u trade properly in a good way.. it could be very profitable. U need to know when to enter the market so that u wouldnt have so much drawdown. For example.. when market is alrdy showing a bearish/bullish trend, wait till it pull back and on the 2nd wave is the right moment to enter and set your trailing stop.I'm actually starting out with a 100 dollar account and trying to make a respectable profit by the end of the month before I really go into Forex for real. Currently, targetting a 10-15 USD profit. Is that too high? |
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Sep 12 2016, 01:18 AM
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#45
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
Fxstreet, Fx Traders Daily.
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Sep 12 2016, 03:34 PM
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#46
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 12 2016, 04:07 PM
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#47
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
Price has completed an ABCD pattern back to a key support zone in yellow. Expecting this breakout to happen on london session.
I took a long position @1.326 hoping to ride this till 1.35 which is my TP 2 And my TP 1 @1.3445 SL 50 Pips below. Add ON : (Those who into Harmonic pattern trading.) - If price continues to ride to 1.35 it completes a Butterfly pattern to short. This is the volatility im talking about. Lets cook those bear n bull pips! This post has been edited by 4lenAngel: Sep 12 2016, 04:14 PM |
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Sep 12 2016, 05:57 PM
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#48
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 12 2016, 06:06 PM
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#49
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 12 2016, 06:41 PM
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#50
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 12 2016, 06:50 PM
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#51
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
QUOTE(koonghx @ Sep 12 2016, 06:45 PM) This is basically trading currencies without holding the physical currency it self.But yeah if u do that physically it counts as forex as well.But what we doing here is basically trading all the forex by using a platform This post has been edited by 4lenAngel: Sep 12 2016, 06:51 PM |
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Sep 13 2016, 01:44 AM
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#52
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
Ok guys as i said the volatility starting this month gonna be havoc. We are expecting quite High impact data news for Eur n USD. n CAD. So always keep an eye on news data.. before goin in a trade.
Always check with http://www.forexfactory.com/calendar.php or http://www.investing.com/news/forex-news http://www.investing.com/economic-calendar/ Market been bouncing up n down today.. with no real action.. This post has been edited by 4lenAngel: Sep 13 2016, 01:45 AM |
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Sep 13 2016, 01:56 AM
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#53
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
Any Harmonic Pattern Traders here?
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Sep 13 2016, 11:16 PM
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#54
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
Yoo.. whatsupp ppl..
Come on guys share your charts Im just starting my trades now.. lol |
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Sep 13 2016, 11:57 PM
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#55
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 14 2016, 12:02 AM
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#56
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
I see H&S there
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Sep 14 2016, 12:08 AM
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#57
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 14 2016, 12:28 AM
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#58
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
I dont usually use SL.. coz for nowdays market.. traditional SL dont work anymore.. BUt for NZD USD i can set as SL 50 pips.
As for EU i need to use the Fib levels to identify my TP n SL . or u can use the resistance as your SL. MY idea for EU is wait for the breakout and then wait for pullback. After that enter short. This post has been edited by 4lenAngel: Sep 14 2016, 12:33 AM |
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Sep 14 2016, 12:51 AM
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#59
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280 posts Joined: Apr 2008 From: Somewhere where Only I belong. Only ME! |
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Sep 14 2016, 12:58 AM
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#60
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