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Forex version XVIII, Foreign Exchange Market Discussion
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echothreealpha
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 Sep 8 2016, 05:14 PM
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Getting Started
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QUOTE(4lenAngel @ Sep 8 2016, 02:37 PM) @lowya Heres 1 trade i just went short.. [attachmentid=7487182] GOLD Rallied on NFP. I was waiting for GOLD to test 1347.70 and wait for the price action to short from that level 618. [attachmentid=7487250] Now i entered short as Price action shows 1347.70 is a good resistance level and a Doji formed. on 4H chart. But please trade based on your own analaysis if any1 was about to take this trade. Nobody can predict the future movement of the market. THis is is just based on my own chart analysis on D1 chart and entry based on 4H. Any suggestions are welcome   No, it's great! Having your analysis (even when you make mistakes) are interesting, and reminds me that there's so much more I have to learn about Forex  |
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echothreealpha
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Sep 9 2016, 05:51 PM
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Getting Started
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QUOTE(Kimmiey @ Sep 9 2016, 04:57 PM) never join mlm. trade by myself, join telegram coaching and more. forex hardly to learn and understand, but still can make a profit. maybe my depo too little i think Where can I get the telegram coaching? Interested |
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echothreealpha
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Sep 9 2016, 08:27 PM
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Getting Started
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QUOTE(4lenAngel @ Sep 9 2016, 07:47 PM) TP 1 - HIT. SL set at Breakeven while rallying for tp 2 Yeah thanks for both tips man |
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echothreealpha
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Sep 9 2016, 10:50 PM
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Getting Started
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QUOTE(4lenAngel @ Sep 9 2016, 10:44 PM) God, this will be my homework for the weekend This post has been edited by echothreealpha: Sep 9 2016, 10:50 PM |
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echothreealpha
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Sep 10 2016, 02:36 AM
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Getting Started
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QUOTE(4lenAngel @ Sep 10 2016, 01:31 AM) Just saw this At the right time!!! Im placing Long. Or Place BUY Order after @ 138.35 Dont miss this . [attachmentid=7498556] Im sure u guys see the price action @ 134.970 MY TP 1 - 144.0 TP2 - 154.20-30 SL - Tight SL.. Yeah I got this one! Getting a hang of recognizing patterns, although I'm still stupidly impulsive sometimes. 2.30am already, thankfully Bayern game is on. |
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echothreealpha
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Sep 10 2016, 03:52 AM
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Getting Started
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Anyway, thanks 4len! Reading your post helped me buck up and read the market better.
Currently just looking at the EURJPY chart, while trying to commit more understanding of it into memory.
(the pattern recognition master m4ql is helping too!)
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echothreealpha
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Sep 10 2016, 01:32 PM
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Getting Started
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QUOTE(MNet @ Sep 10 2016, 09:09 AM) weekend please go out. dont stay at home Not this weekend, me and my wife plan on just staying home and relax |
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echothreealpha
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Sep 11 2016, 06:01 PM
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Getting Started
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It's gonna be a volatile month? Damnit.
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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echothreealpha
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Sep 12 2016, 01:11 AM
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Getting Started
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QUOTE(4lenAngel @ Sep 12 2016, 01:00 AM) 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. Haha, not that it's bad news, but it's like going into a hard difficulty level now Definitely getting more prepared now, have been reading the outlooks for tips this week. What's the best place for the most dependable Forex based advice? |
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echothreealpha
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Sep 13 2016, 12:38 PM
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Getting Started
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Decided to take off all my orders offline. Made a respectable 7 dollars (lol) in total. Understanding that a volatile market can be good if made with the right insight and patience so now... just waiting for all the respective news to emerge before making my next move.
Also, I've heard that news about Euro is to be positive later this afternoon. What do you guys think?
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echothreealpha
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Sep 13 2016, 10:00 PM
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Getting Started
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Trendlines are showing that EURUSD will go very bearish. What do you guys think?
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echothreealpha
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Sep 13 2016, 11:28 PM
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Getting Started
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QUOTE(4lenAngel @ Sep 13 2016, 11:16 PM) Yoo.. whatsupp ppl.. Come on guys share your charts Im just starting my trades now.. lol What do you think about this?  |
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echothreealpha
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Sep 13 2016, 11:59 PM
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Getting Started
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QUOTE(4lenAngel @ Sep 13 2016, 11:57 PM)  Sell on breakout ? What TF is that.. its too small.. cant zoom i think its H4? H4, hehe. You need another pic? Zoom from here http://i.imgur.com/7MwiyOn.pngThis post has been edited by echothreealpha: Sep 14 2016, 12:00 AM |
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echothreealpha
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Sep 14 2016, 12:18 AM
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Getting Started
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QUOTE(4lenAngel @ Sep 14 2016, 12:08 AM) Im currently short on NZDCHF [attachmentid=7522815] Holy crap that trendline. Shortrd it too. Whats your advice on SL for both? Thats one area Im weak in. |
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echothreealpha
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Sep 14 2016, 12:34 AM
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Getting Started
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QUOTE(4lenAngel @ Sep 14 2016, 12:28 AM) 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. Thanks! |
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echothreealpha
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Sep 14 2016, 12:51 AM
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Getting Started
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Oh lord... actually I wanted to ask about TL, not SL. What a typo.
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echothreealpha
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Sep 14 2016, 01:21 AM
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Getting Started
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QUOTE(troller2 @ Sep 14 2016, 01:17 AM) 1M chart is showing bullish, 30M chart is showing bearish, 4H chart is showing bullish, 1Week chart is showing bearish. Next time give the [fill in a swearing word] timeframe. Gave a pic up top. 4h. |
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echothreealpha
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Sep 14 2016, 09:43 AM
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Getting Started
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I'm actually using XM, is that not good? Got them because I can try out Forex at a micro account.
Which should I go for when I want to go for a standard account? One that has easy withdraw and deposit access back to Malaysia.
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echothreealpha
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Sep 14 2016, 10:02 PM
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Getting Started
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Gold market is incredible volatile today. Wew.
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