Good morning... how it the market today?

Can share a new QR code ? Or can u pm me your ID?

Hi, recently know this site from myfxbook called paybackfx which supposedly collecting rebate from your broker and refund to you part of the rebate should you link your account through them to your existing broker. They also offering usd10 per account registered to the earliest subscriber.

Anyone tried their services? Can really trust them?

It is a cost averaging strategy but there are much more in depth then that. The program itself has been running for more then 2 year plus and we have been able to help investor get 30%++ per annum

I not so greed, just asking ...
Any method use TP distance is larger than SL distance and has the win rate more than 60% ?

So far, I saw most of the system (which ppl show) has high win rate, but SL distance is far larger than TP distance. If lose one time, need to trade many times to recover back (if using same lot size).

It doesn't matter actually if a system has a high winning rate or risk reward ratio. The most important thing is it's expectancy.
Even if a system has low average reward-risk ratio, it will perform well with higher average wining rate (expectancy > 0). Vice versa.

You have to look on a system by system basis. So, our job is to find a system which has a positive expectancy (>0).

Regarding your question on TP>SL and winning rate >60%, it is very hard to achieve. If someone has it, I don't think they will share.

what about bill williams trading chaos strategy? anyone back test it?

http://www.daytradingforexlive.com/forex-d...ading-articles/

A good place to get good info about forex

I am guessing eurusd gona hit 1.15, any opinions?

AUDUSD H4



AUDUSD H1

audusd buy limit 0.7424, sl0.7398 tp0.7441.

My trade my own risk.

Whats with the sudden spike in GU, zzzz

Most likely caused by HFT / black box trading activities.. there was no high impact news around that time

This spike a.k.a flash crash was not a sustainable move, only lasted for less than a minute if you take a look at 1 minute chart

Never underestimate the power of HFT / algo trading, they have the means in terms of capital size & superior market access than us too..

'Yea other than this reason i thought got other news or something. Can't see this coming.

Yup, and these HFT only stay in the market for short period of time, mostly few seconds then get out of the market as soon as possible.

HFT = more advanced type of scalping with huge capital that able to move the market in short period of time (spike and flash crash)

Disclaimer: No guarantee that this trade will work.


audusd h4


audusd h1


buy limit audusd 0.7429, sl0.7403 tp0.7446

EDIT:
buy limit audusd 0.7438, sl0.7412 tp0.7455

This post has been edited by CallOfLegend: May 19 2017, 09:00 PM

look like USD become a bit weak now adays. By the way how to buy houseor condo using Forex income? becoz my fix salary only RM1100 basic only..

Guys, is there any simulator for forex ? Im learning forex right now. Still on demo account. But when market close, i cant do anything.

rest is something you can do

You can create own simulator... just scroll back the chart randomly and decide the market's direction.