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 Forex Version 20, Foreign Exchange Market Discussion

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paogeh
post Nov 18 2019, 02:29 PM

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QUOTE(hft @ Nov 18 2019, 11:21 AM)
EU & GU continue to climb, any pullback is opportunity to buy again.
*
Long term trend is DOWN ...
why EU/GU are good buy ?

paogeh
post Nov 26 2019, 10:41 AM

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womdering ,

for those FULL TIME traders,


besides active trading ,
u guys diversify your $ into others ?
stock , reits, real estate, funds , etc etc ??

paogeh
post Nov 26 2019, 02:26 PM

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QUOTE(Hansel @ Nov 26 2019, 01:22 PM)
Yes bro,... ohh sorry, not a fulltime trader here,...
*
FX traders are rare breed in Malaysia.

usually when ppl hear FX in malaysia , it;s always related to SCAM , etc .



which pair are u trading now ?




paogeh
post Nov 27 2019, 02:45 PM

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QUOTE(Hansel @ Nov 26 2019, 06:00 PM)
I'm not holding any pair now, but am watching the AUDJPY closely, this is my favourite pair.  The other problem is, interest rates are all so low now, I have no chance to do a carry at all. Some bros in my circle are asking me to take up the USDEUR pair, with the view that FEds will soon start to increase interest rates.

Hmm,... to me, this would be risky,... there is talk now that the Feds may even cut again next year.

So,... no carry trade possible now,... of course, positive carry is only a side-advantage. Earning a positive differential interest rate can never save one from a pair movement against him. If the pair runs hard against him, he will be cut down badly and may even cause him to lose everything, finally reaching mc.

Well,... I have experienced this personally,...  biggrin.gif

I was busy, with other investments too, until I recalled suddenly I still had a pair-position outstanding. And,... I forgot to setup a cutloss level with my RM for this position.
*
found this on FF ,
and EURUSD rank #3 on best carry trade for 2019.

https://fxssi.com/top-10-currency-pairs-carry-trade







paogeh
post Nov 27 2019, 03:29 PM

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since we are talking what the direction of the pair.

what are the sure things going forward ?
not limited to FX .

*pls exclude death/taxes .

paogeh
post Nov 28 2019, 12:55 AM

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QUOTE(Hansel @ Nov 27 2019, 09:25 PM)
...tq again, bro,... well,... I'll manage my risks this time by staying away from this risk, for now,... I've lost almost 7 zeroes of AUD earlier, only in AUDJPY forex.... biggrin.gif  biggrin.gif

Luckily can make back many times more from other investments,... sad.gif  sad.gif 

If I keep taking chances like this,... and loose,... wives and children will not be able to makan anymore,.... biggrin.gif
*
7 ZEROES !!!

u are .......RICH !

paogeh
post Nov 28 2019, 02:19 PM

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QUOTE(Hansel @ Nov 28 2019, 12:58 PM)
Sure,... tq very much, gents,... will try to make it, bro Akib,... bro DWRK, maybe can meet in future,....

Bro akib,... I'm a loser, bro,... just wanted to say this first,... Lost a lot because never took care of my pair,... I bought the pair many times in 2014, 2013, 2015,... I think,... at levels of above 100 also,.... biggrin.gif  biggrin.gif

Then when dropped to 95, bought some more,...  biggrin.gif  biggrin.gif  then forgot abt it,....

Then this year,... 70+ only,....  biggrin.gif  biggrin.gif

CUTLOSS !!!!!!

Just sharing only,.... don't know if right to learn from me or not.
*
im one of the losers as well .
Started back in 2006 ,
till now still losing ....BIG ...


paogeh
post Nov 29 2019, 12:36 AM

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EURUSD is back to 1.10 ......


this is where i BREAKBREVEN point , when my USD76K on the line.
If managed to hold , USD76K is back home ....


again, too bad.


paogeh
post Nov 29 2019, 12:47 AM

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QUOTE(Hansel @ Nov 28 2019, 06:55 PM)
Tq bro for all replies,....  thumbup.gif

So,.. must organise a losers' gathering soon,... not winners' gathering,....  biggrin.gif

For those of us who have already lost,... $$ gone already,... nothing much can be done except to look forward to new investments,...

Bro paogeh,... if you're still holding-on to losing open positions, maybe can consider cutting loss to salvage what ever you have to fight another day,....
*
honestly,
after the LOSS of USD76K back in October,
I still hanging on , from USD4K ---> USD13K ----> USD3K ---->USD7K (now)
*managed to withdraw back USD2K for expenses.
No plan to add more own $ .
Found out, i have over commited .

Like In war , I have over commited my troops.


Hansel ,
if u drop by penang, remmeber to message me .


QUOTE(dwRK @ Nov 28 2019, 06:44 PM)
happy to meet up bro one of these days smile.gif
ok lah I share a bit my pain...

some time back bought a few hundred k myr worth of bitcoins...these went up to about 2.5 mil...then invested them in some other ventures...long story short...2.5 mil gone...hahaha

got other painful stories but one is enough lah for the day...
*
drwk,

another legend of 7 digit ....
now , my losses of 6digit seems nothing ....



QUOTE(Feliex @ Nov 28 2019, 11:44 PM)
You using fundamental, technical or indi?
*
Fundamental most .
No indicator, just volume for reference.
only trade EU .
Quick scalp .
6Standlot each trade .
can get ~USD1K--3K per week . ==>Can MC too .
*dun follow me , i have burst too many accs.









paogeh
post Nov 29 2019, 08:37 AM

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QUOTE(Feliex @ Nov 29 2019, 01:04 AM)
Thanks for sharing. Why Boss no try Technical?
*
if looking at naked chart is consider techinical == YES .



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