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Investment Forex Version 21, Foreign Exchange Market Discussion

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dwRK
post Feb 22 2020, 09:22 AM

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QUOTE(RagingBalls @ Feb 22 2020, 08:48 AM)
Nice movement in gold.
Do you use fundamental or technical?
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100% ta
dwRK
post Feb 22 2020, 03:58 PM

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QUOTE(RagingBalls @ Feb 22 2020, 12:16 PM)
Where did you take your entry from?
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I not trading myrusd lah... just timing to get more spending money home only smile.gif
dwRK
post Feb 22 2020, 04:01 PM

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QUOTE(RagingBalls @ Feb 22 2020, 10:19 AM)
Very nice.
What pairs do you trade besides gold?
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I try everything
dwRK
post Feb 22 2020, 07:01 PM

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QUOTE(paogeh @ Feb 22 2020, 06:39 PM)
For EU ,  many weird and strange things happen at Friday .
Eg , no news , but BIG Move .....

Forexfactory ppl claims, it;s balance off acc , take profit , etc etc ....
whatever it is .....it doesnt make sense . and dun have to .
just need to avoid/minimize those losses time ....

Just bring back the bacon ....
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user posted image

drew this "reaction box" last week... expected price to hit and bounce... it's a key Fibonacci extension level... so to me everything happens as expected

could be a dead-cat bounce for 1-4 days, then continue down... or short reversal...will know next week
dwRK
post Feb 22 2020, 07:13 PM

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I also monitor stock market... last Friday market risk off big... these affects fx also imho...
dwRK
post Feb 24 2020, 10:59 AM

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QUOTE(bikerzfrenzy @ Feb 24 2020, 08:12 AM)
If capital usd2k, 1 entry of 1 lot gold? Im a bit confused on point 1a
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ok lah spoon feed you a bit...lol

2% is risk amount per trade of your account size

$2000 x 2% = $40, that you are willing to lose if stoploss

this $40, together with your entry and sl price, determines your lot size

example based on account type...say $0.1 gold price per lot = $10, then your $40 = $0.4 price...
-- long at $1600.4, stoploss at $1600.0 ($0.4), you buy 1 lot
-- long at $1600.4, stoploss at $1600.2 ($0.2), you can buy 2 lots
-- long at $1600.4, stoploss at $1599.6 ($0.8), you can only buy 0.5 lot

sl need to put at sensible levels...put too close always get hit...put too far lot size becomes 0.0000001...no sl noobs wipeout 100% guaranteed

btw...good brokers will have learning pages on these...and also lot size and leverage calculators

This post has been edited by dwRK: Feb 24 2020, 11:13 AM
dwRK
post Feb 24 2020, 11:02 AM

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QUOTE(hft @ Feb 24 2020, 10:47 AM)
Ready to short GU again.
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perfect entry... thumbsup.gif
dwRK
post Feb 25 2020, 07:23 PM

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QUOTE(hft @ Feb 25 2020, 06:18 PM)
Fishing today.

user posted image
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everyday I look forward to your reports now.... biggrin.gif

just GU again issit? looks to me you whack quite big man... respect
dwRK
post Feb 25 2020, 10:17 PM

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QUOTE(hft @ Feb 25 2020, 08:08 PM)
Just GU is enough to feed me and my family. Can make profit bigger but don’t want to erase existing profit. My shop re-open every morning and close evening with any profit can make. Fishing every is fun versus hunting for whale one short margin call then die. I’m just a fisherman.
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nice. i on the road a lot these days...seldom got a good chunk of time to scalp... re-learning to swing/position trade but hard to "let go"...lol

so you bank in say 240 pips today...looks to me you pancing with about 2 standard lots?

This post has been edited by dwRK: Feb 25 2020, 10:50 PM
dwRK
post Feb 26 2020, 09:03 AM

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QUOTE(Archemedia @ Feb 26 2020, 12:55 AM)
user posted image

Almost breakeven....

maybe next year can become good like hft

user posted image
NOV 2019 - FEB 2020
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half good as hft is good enough for me liao...hehehe

hft bro...another 3-session 20hr day?!!! balance health and wealth ya...
dwRK
post Feb 27 2020, 09:31 PM

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QUOTE(hft @ Feb 27 2020, 08:28 PM)
Wednesday salary already in account.

user posted image
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come take my money ald biggrin.gif

where you shift your funds ar? directly back to MY or park offshore somewhere?
dwRK
post Feb 27 2020, 11:09 PM

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QUOTE(hft @ Feb 27 2020, 10:18 PM)
HSBC-USD currency account, today withdraw before cutoff, next working day peanut salary already credited. Money is unlimited just from GBPUSD alone.
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thanks... well you work hard so only fair gets rewarded handsomely thumbup.gif

quick question...how long have you been trading, and you trade naked charts or with indicators?
dwRK
post Feb 28 2020, 10:07 AM

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potential GU dump coming...?

now...1.2888 smile.gif
dwRK
post Feb 28 2020, 10:19 AM

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QUOTE(Goodboy92 @ Feb 28 2020, 09:37 AM)
You aint answering the question afterall  unsure.gif

anyways , i would like to say again it make no good to anyone here if you just post the amount.

profit can be DEMO - edit: got withdraw mean not demo.
transfer can be other source of income. ( you dont need to prove this afterward , it does not matter to us really. )

No offense just hope this group maintain it purpose.
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so conclusion from recent posts is... trade forex is long hours 18~20 hrs a day, and eat sardines to be successful.... rclxm9.gif
dwRK
post Feb 28 2020, 11:33 AM

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QUOTE(paogeh @ Feb 28 2020, 11:06 AM)
I dediced to quit FX for good.

lossing good fortune of 6 digit
finally someone on FF posted some data/statistic  of FX
In short summary , after 5 years , FX winner = 0%  (or FX loser = 100%)
https://www.forexfactory.com/showthread.php?t=651547

*if u decide to go for it , get ready to learn it the hard way .
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brokers stats i eyeball about 80% of ppl lose money account wipe clean

anyways good luck man... this corona virus will be good opportunity to load up on stocks that you were thinking of moving to...
dwRK
post Feb 28 2020, 11:35 AM

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looks like SP500, Nasdaq, Crude...all ready for another leg down... wink.gif

GU moving down nicely...

ciao...good luck to us all...

This post has been edited by dwRK: Feb 28 2020, 11:36 AM
dwRK
post Feb 28 2020, 01:58 PM

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QUOTE(kuladruw @ Feb 28 2020, 11:39 AM)
dont need to have consecutive win at all, use martingale, account with 1:500 leverage. lets take a simple technical indicator, moving average.

user posted image

get in the market once 5min,15min, hourly, & daily has the same direction(ignore the monthly), if sell. just short, if all shows buy, just long. make sure have fixed amount of stop loss and take profit, never ever change this. eg 30pips SL, TP also 30 pips.

the shorter time frame, TP & SL level is also smaller, want to aim more pips need to look at higher timeframe chart(4h or daily), theres no way trying to make 100 pips if only look at 1min chart, so you get the idea and vice versa

with enough capital and use martingale lot size, doesnt matter if 9 out of 10 losing trade in a row, just need 1 win TP trade to profit back.
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QUOTE(Feliex @ Feb 28 2020, 01:47 PM)
Paogeh can share what technic you are using? I found out S&D is quite a consistency
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aiyoh... it's like asking gamblers not to quit gambling...

anyways s&d will work until it doesn't...


dwRK
post Feb 28 2020, 07:00 PM

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QUOTE(hft @ Feb 28 2020, 03:49 PM)
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Just in. Last time show percentage people dont believe, now show actual withdrawal also people doubt? Hehe not marketing anything here. Forex is easy money, for right trading style.
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not me! I saw a few of your old EU GU go up/dn calls I knew already real deal... wink.gif

with right experience & confidence... everything is easy ah...never mind lah ppl believe or not...

this 11am I said sp500 starting next move down...went 50 pts for $2500...scalp the next pullback was another $2500... if brave and counter-trend between would have netted another $2000... $7k from 1 futures contract for half a day 's work...easy $ scalping... sadly I on the road no trades.... cry.gif

This post has been edited by dwRK: Feb 28 2020, 07:01 PM
dwRK
post Feb 28 2020, 07:23 PM

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QUOTE(hft @ Feb 28 2020, 03:58 PM)
I dont do demo crap and I dont do modify/edit snapshots. Utter useless, just showing that money is real.

I have over 10 years of experience, I do this fishing game part time for fun, free easy money. Already have decent life from day paying job. Entire base trade capital now are free money for me.

Bottom line just be consistent, small money daily will accumulate to huge amount.

Indicators? No, all miss leading. I know most of them right to the very equation that made them. There is reason why many pure indicator traders failed.
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I do like my charts colorful and see how prices bounce along...lolz.. biggrin.gif

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This post has been edited by dwRK: Feb 28 2020, 07:26 PM
dwRK
post Feb 29 2020, 08:16 AM

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QUOTE(dwRK @ Feb 22 2020, 07:42 AM)
user posted image

gold tp done. look for high risk counter-trend setup next week... hehe
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nice big dump...direction predictions correct...sadly no pay attention to it...bro trademinim probably laughing all the way to the banks...

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