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 Forex Version 19, Foreign Exchange Market Discussion

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Johnhun
post Jan 6 2017, 09:07 PM

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thumbup.gif thumbup.gif

nfp 23minits more bruce.gif
good luck to all of u remember to put handbreak


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Johnhun
post Jan 6 2017, 11:28 PM

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blur rclxub.gif rclxub.gif rclxub.gif

Anyone using justforex? what is the difference between mastercard (SP) and mastercard(RP)?

This post has been edited by Johnhun: Jan 6 2017, 11:33 PM


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Johnhun
post Jan 10 2017, 04:31 PM

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QUOTE(AllnGap @ Jan 9 2017, 08:27 PM)
waiting to short AU at that big engulfing down bar with tail last friday.

woops, breakout....wait for pullback for LONG
*
this morning i long au at 0.73416 tp already smile.gif
Johnhun
post Jan 12 2017, 12:00 AM

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trumph is starting his speech...
Johnhun
post Jan 16 2017, 11:15 PM

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QUOTE(hehe86 @ Jan 16 2017, 05:13 PM)
Just found out that although most of the brokers closed during weekend, the interbanks still trade during the weekend. Can check the pairs in yahoo finance during weekend though is delayed by 15mins.

e.g: http://finance.yahoo.com/quote/GBPUSD=X?p=GBPUSD=X

Just for sharing since i just found out bout this. :slowpoke:
*
thumbup.gif nice sharing
Johnhun
post Jan 19 2017, 07:34 AM

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QUOTE(AllnGap @ Jan 18 2017, 01:25 PM)
split into 2 lot. TP 1st lot. 2nd lot no trail just let it go.

or u may want to triple lot whack near ur entry when it really pullback to that area because sometimes might retest a few times.
especially if that area never got pullback before.

sometimes it just engulfing fly up, those are the ones that will retest because big banks never got the chance to buy at low or at breakout
*
yep this is what i use last time for trend trading 1:1 SL:TP and then 1 more just let it go.. thumbup.gif
Johnhun
post Jan 19 2017, 08:55 PM

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haha this pic trump


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Johnhun
post Feb 1 2017, 11:52 PM

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I take one week holiday for cny just back on track today. rclxm9.gif
Later 3A.M. FOMC doh.gif


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Johnhun
post Feb 2 2017, 10:25 PM

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QUOTE(Manz2912 @ Feb 2 2017, 11:28 AM)
Hi all sifu,

I am new to forex.. I got a forex account open with instaforex.

Can I know this will be safe? in the future if transfer the money out will be smooth?

Thanks.
*
high spreads chart "cacat" withdrawal trough local ib quite fast... but for me i will recommend other broker....
my 1st broker is insta->XM->Pepperstone->JustForex(currently using) dry.gif
Johnhun
post Feb 3 2017, 04:54 PM

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QUOTE(greenpips @ Feb 3 2017, 12:27 AM)
Pepperstone is good and any reasons you changed to Justforex?
*
pepperstone is good... withdrawal need 3-4days for me...
JF fastest withdrawal i have experience is 15minit after 4pm (on open market hours) to netteller, longest time is 1-2days.
maybe i will open another account at ic market.
Johnhun
post Feb 6 2017, 01:32 PM

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QUOTE(AllnGap @ Feb 6 2017, 01:22 PM)
i've created a groupchat on Telegram

id : JibFX

only for signals only
*
follow full margin haha
Johnhun
post Feb 7 2017, 04:31 PM

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QUOTE(AllnGap @ Feb 7 2017, 04:18 PM)
on the page is jibFX

try find that group
*
pm me telegram group link
Johnhun
post Feb 7 2017, 09:28 PM

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QUOTE(AllnGap @ Feb 7 2017, 05:39 PM)
ops.. 10 people only awkward.... laugh.gif
Johnhun
post Feb 9 2017, 05:37 PM

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thumbup.gif Nyum Nyum

This post has been edited by Johnhun: Feb 9 2017, 05:40 PM


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Johnhun
post Feb 9 2017, 09:08 PM

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QUOTE(jack2 @ Feb 9 2017, 06:47 PM)
?? blink.gif
Johnhun
post Feb 13 2017, 12:52 PM

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QUOTE(chinti @ Feb 13 2017, 12:01 PM)
question guys, just starting out. when u guys use fxcm, do u head to their malaysia page or just use the .com page? r they the same?
*
use this FXCM

This post has been edited by Johnhun: Feb 13 2017, 12:53 PM
Johnhun
post Apr 6 2017, 09:50 AM

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QUOTE(lyrilmaki @ Apr 5 2017, 11:39 PM)
how long did you guy play/experience in Forex to actually start profiting?

I burn my account twice now.. dilemma whether to continue
*
its normal... don scare or worry. keep it up u will make it.
in forex mental took 50% money management 30% experience, news,your strategy 20%
good luck for your next deposit.
Johnhun
post Apr 8 2017, 07:47 PM

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---warning & disclaimer---
* this posting is for general knowledge only
*im not responsible for anything
* this method is banned by almost all brokers
* THIS IS NOT AN ENCOURAGEMENT FOR ANY NEWBIES TO TRY ON LIVE ACCOUNT.
----------------------------------------------
History
----------------------------------------------
some groups of traders in indonesia begin this method back in 2008 when russian brokers started SPOILING THE REAL FX industry by giving Bonus that supported margin during trading drawdown. brought into malaysia by traders from eastcoast and slowly make its way all over malaysia.
it was kept secret until intelfx went under due to this "abusive" of bonus. EVEN NOW SOME TRADERS ARE STILL USING THIS METHOD. (im not responsible for anything, just sharing for general knowledge)

1. Assuming we pick NFP with average spike and movement of 50pips. it will take place next week.
2.Account A is 1000. account B is 1000. both getting bonus 50% and hence both has 1500 margin, and remember we have some small trades running which might take few dollars off the margin.
3.expected movement is 50 pips. we need to calculate what is the lot size that will make one of the account go bust in 50 pips for equity of 1500usd.
leverage of the account is 1:500
SO level is 10% of margin use.
means for every 1standard lot EURUSD, margin use is 200.
10% of 200 is 20usd.

10% margin call level and 20% stop-out level. Your balance is $1500 and you open a trading position with $400 margin = 2standard Lot. 10% of the margin is $40. If the loss on a position reaches $1460, your account equity becomes $1500 — $1460 = $40, which is 10% of your used margin, the stop-out level will be triggered and the broker will automatically close your losing position.

How many pips is 1450 for 2lots?
each pips worth $20 hence it will take 72.5pips to get to SO.... we need bigger lot.

for 3lot, margin use is 600 and 10% is 60usd.
max equity floating = 1500-60 = 1440.
each pip worth $30 hence it will take 48pip to StopOut.
now we need to calculate Take Profit.
Place the BUY and SELL at the same time.

take note of entry price.
Sell Price will take BID price and we need to include spread for TP.
Buy will take ASK price and we can use price appear on the chart (BID)

example Buy at 1.0500, add 48 pips become 1.0548. thats the TP.
Sell at 1.04980 (BID price no spread),deduct (48 pips + 2 pips spread) = 1.04480

(credit lukpayat)

This post has been edited by Johnhun: Apr 9 2017, 02:03 PM


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Johnhun
post Apr 13 2017, 05:03 PM

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QUOTE(jack2 @ Apr 12 2017, 10:13 AM)
Anyone who invested in Sentratama Investor Future, need to be careful as this broker or investment is scam
*
thanks for sharing smile.gif
Johnhun
post Apr 18 2017, 01:23 PM

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QUOTE(Goodboy92 @ Apr 17 2017, 07:13 PM)
Just created account for FxPro, Neteller ,Maybank

Found stated that got 3.99% of exchange rate fees

Which mean transfer RM2k = RM80 charges @.@

Then the rate on neteller were 4.6+++ but i found on internet current rate were 4.4

What!!! Damn expensive?

Suggestion please  cry.gif

While DEPOSIT were not a big problem

Withdrawal were going to deduct alot of profit! - i think they give back 4.2 with current 4.4

and they have a limit of 2850usd for unverified and normal account ( neteller )
( not sure 2850usd accumulated or single transaction )

What should i do  doh.gif 

By the way - how to post image up here?
*
deposit SMALL withdrawal BIG should be not a problem
u can try withdrawal direct to banks or try other brokers

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