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Forex version XVIII, Foreign Exchange Market Discussion
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scyther
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Oct 19 2016, 04:41 PM
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New Member
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Hi all~
I am new to Forex, just want to know that is there any good site/place that i can learn about forex / read chart before i joining this family ? =)
try to do some google search but don't know which is best to learn...
thanks in advance~
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sharpshooter85
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Oct 19 2016, 04:49 PM
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Getting Started

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QUOTE(demolationz @ Oct 19 2016, 03:30 PM) Haha. Typical setup for SND trader.  Yeahh.. If combined with real time news service, the news trading strategy can be rewarding. You'll know the right timing to enter post once you get real time news result. FF calendar can be delayed sonetimes
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demolationz
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Oct 19 2016, 04:54 PM
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QUOTE(scyther @ Oct 19 2016, 04:41 PM) Hi all~ I am new to Forex, just want to know that is there any good site/place that i can learn about forex / read chart before i joining this family ? =) try to do some google search but don't know which is best to learn... thanks in advance~ Check First Page.
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mc_kambeng
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Oct 19 2016, 04:55 PM
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QUOTE(scyther @ Oct 19 2016, 04:41 PM) Hi all~ I am new to Forex, just want to know that is there any good site/place that i can learn about forex / read chart before i joining this family ? =) try to do some google search but don't know which is best to learn... thanks in advance~ Come join me studying from babypips.com/school hahaha.. Been few weeks already learning from here..
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hehe86
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Oct 19 2016, 05:18 PM
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what is MC that is used here?
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kevler
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Oct 19 2016, 05:24 PM
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QUOTE(sharpshooter85 @ Oct 19 2016, 04:49 PM) Yeahh.. If combined with real time news service, the news trading strategy can be rewarding. You'll know the right timing to enter post once you get real time news result. FF calendar can be delayed sonetimes  I called SnD : Mission to scam broker That technique is lethal. Because broker didn't know when is the best time to manipulate the market.
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sharpshooter85
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Oct 19 2016, 05:31 PM
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Getting Started

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QUOTE(kevler @ Oct 19 2016, 05:24 PM) I called SnD : Mission to scam broker That technique is lethal. Because broker didn't know when is the best time to manipulate the market. Agreed. Market maker brokers dun like such technique as their client always on the right side of market (typical market maker always trade against their clients).
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Alissa_1989
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Oct 19 2016, 06:01 PM
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Getting Started

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Do you know roughly how many pips in max they can manipulate ?
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kevler
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Oct 19 2016, 07:09 PM
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QUOTE(Alissa_1989 @ Oct 19 2016, 06:01 PM) Do you know roughly how many pips in max they can manipulate ? We didn't know . The broker aka market maker will do whatever it takes to get the market to their way.
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Alissa_1989
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Oct 19 2016, 07:48 PM
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Getting Started

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QUOTE(kevler @ Oct 19 2016, 07:09 PM) We didn't know . The broker aka market maker will do whatever it takes to get the market to their way. Ya, I did observe that sometime real time bid/ask different from standard price. But the Day high and Day low by broker almost same as the data in news channel. I also heard that broker can combine with other brokers to form a temporary alliance and pump in cash or loan into market to manipulate the market (in legal way), so that it creates a new spike price in real market. At the end, big lot size player hit their SL.
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tzmon
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Oct 19 2016, 09:25 PM
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Getting Started

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QUOTE(Alissa_1989 @ Oct 19 2016, 07:48 PM) Ya, I did observe that sometime real time bid/ask different from standard price. But the Day high and Day low by broker almost same as the data in news channel. I also heard that broker can combine with other brokers to form a temporary alliance and pump in cash or loan into market to manipulate the market (in legal way), so that it creates a new spike price in real market. At the end, big lot size player hit their SL. That's very surprising
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tzmon
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Oct 19 2016, 09:27 PM
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Getting Started

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QUOTE(kevler @ Oct 19 2016, 07:09 PM) We didn't know . The broker aka market maker will do whatever it takes to get the market to their way. That's mean they can hit our SL very easily, is it? especially in support/resistance ! TQ
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kevler
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Oct 19 2016, 09:29 PM
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QUOTE(tzmon @ Oct 19 2016, 09:27 PM) That's mean they can hit our SL very easily, is it? especially in support/resistance ! TQ yes they can do that ...since we trade in their "game" ...thus we have to prep ourselves before we "play" with them ..
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kevler
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Oct 19 2016, 09:30 PM
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anyway , andrewcha
please open new thread :-)
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demolationz
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Oct 20 2016, 01:45 AM
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