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Investment Forex Version 21, Foreign Exchange Market Discussion

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paogeh
post Dec 8 2019, 10:50 PM

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@hansel,

Just wondering , have u considered carry trade through 2 broker .

1st broker == pick the higest swap pair .
2nd broker == pick no SWAP account , open opposite direction of the 1st pair.

collect interest daily.
balance the 2 acc once a while.




paogeh
post Dec 11 2019, 02:50 PM

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QUOTE(Hansel @ Dec 11 2019, 12:19 PM)
Sorry bro,...missed this post earlier,... been very busy over wife and children who came back for holidays and preparation for driving adventure in Europe.

I did consider this earlier,.. but effectively, the two positions will cancel out each other at any point in time. You can collect interest in one direction but you will need to pay interest for the same pair in the opposite direction. I can't envisage how to collect interest from the same pair in both directions,... egs,...

Buy AUDJPY and Sell AUDJPY.
*
Hansel,
no problem.


it';s 1 pair , 2 trades at 2 brokers.

Eg AUDJPY


Open same time :
Broker A that pay swap - LONG AUDJPY
Broker B swap free acc - SHORT AUDJPY

Once a while do balancing for both trades.

In teory , collect swap .




paogeh
post Dec 12 2019, 12:54 AM

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QUOTE(ched6560 @ Dec 11 2019, 08:07 PM)
Good idea.

I have friend work with broker. He tell me that a lot trader try to do this method.

Normally they'll know. But after a few month, etc. So, that trader can make a profit for that time. Once they detect, they will advise that trader to stop trade with them.
*
which broker asked to stop ?
Broker that pay swap ?
Broker that NO swap ?


USDTRY is good pair for juicy SWAP .



paogeh
post Dec 12 2019, 10:31 AM

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today UK major news.
got email warning from IC market
paogeh
post Jan 8 2020, 10:02 AM

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QUOTE(mrbigggyyy @ Jan 8 2020, 09:09 AM)
nope.. can extend invite? tongue.gif
*
free for all?
need invitation ?
paogeh
post Jan 16 2020, 10:18 AM

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QUOTE(hft @ Jan 16 2020, 01:57 AM)
Which PAMM is the best? I want to become trader.
*
u trade for PAMM ?
got myfxbook ?

paogeh
post Jan 28 2020, 12:03 AM

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Shorting EU ..... 4 lot ..... avg price 1.1040.


TP= 1.06 ,
or 1.0000 .......

Strategy :: Pyramid .....
might add more shot every 100 pip down .





paogeh
post Jan 29 2020, 02:34 PM

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QUOTE(Feliex @ Jan 29 2020, 01:59 PM)
Brexit & FOMC on 1/31.

Price Compress (bearish) on the Weekly chart.
*
what;s the expectation for Brexit/FOMC ?

paogeh
post Jan 30 2020, 12:56 AM

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QUOTE(dwRK @ Jan 29 2020, 06:37 PM)
both non-event imho

you started playing stocks?
*
Shorting eu .
Initial , 4 lot
Added more . Total 7 lot

Tp 1.06
May be 1.00

Why?
Coronavirus
Eu long term downtrend

user posted image
paogeh
post Feb 22 2020, 06:37 PM

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i have encounteretd lots of MC , till i lost count ...

last friday , the sudden SHOT UP of EU ~70 pips.....
MC again ....

from this
1. acc build up
2. acc growing nicely
3. acc MC ....

repeat 1-2-3 ----

really sick and tired .....

moving next week ....
will reset acc weekly ....
eg ....start with USD2K ....

by Thursday , reset acc back to USD2K ....... and the rest , keep in separate acc , and WIRE back ....

*why Thursday ? ===> From experience most of my MC happen at FRIDAY .

**Last friday , lost USD5.7K .......
***Acc started from USD600 .......
****Wired back USD4.6K ......
*****After MC, acc = USD1K ......now =USD1.2K .......










paogeh
post Feb 22 2020, 06:39 PM

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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 ....



paogeh
post Feb 28 2020, 11:06 AM

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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 .


paogeh
post Mar 7 2020, 02:01 AM

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QUOTE(Goodboy92 @ Mar 6 2020, 06:23 PM)
when you see a man wearing Rolex

you ask , hi sir what you do to be rich.

he answer oh you have to work hard you know , then continue with his Rolex story.

then you say you aint answering my question.

he say what you want to know , i already told you work hard , you see how shining my rolex does't you?
*
Get out of FX while u can.
No point wasting your life+fortune.



paogeh
post Apr 22 2020, 04:42 PM

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QUOTE(Hansel @ Apr 21 2020, 07:23 PM)
Hello all bros here,.............. how are you ??

Is it time again fro my favourite pair : Long AUDJPY ????!!

Opinions pls, bros,...
*
coming back again ?

this week OIL hit negative ,
many MC accs .

even big shark like singapore hin leong also gone ....



*although i stoped playying, but i'm still in lowyat + subcribe to Forex thread.

paogeh
post Apr 24 2020, 01:45 PM

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QUOTE(m1c @ Apr 24 2020, 12:16 PM)
Good to see you here again bro.

Stopped playing, start investing 👍
*
withdrawed my last USD474.47 from IC market for March rebate .
1USD = RM4.379 bigpay conversion rate on Friday .
*going to delete all MT4/ICM apps web .


now is finanicial winter ,
conserve cash .


not doing anythiing , sometime better off .
Those keep cash , are much better off than those "invest " .

last check EURUSD , where most ppl expect USD going short due to FEB inject $ ...... USD is sky rocketing up again .
again, trading with logic/fundamental cost ppl to lose $ .
and again , without any edge , its just a matter of time grinding of capital .
wasted time , wasted $ .





paogeh
post May 28 2020, 12:27 AM

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QUOTE(Hansel @ May 27 2020, 11:52 PM)
Added another position of Buy AUD Sell JPY this evening at 71.20 Yen, bros,... this is the third AUDJPY position entered in the last few weeks.

Go Long AUDJPY, bros,... No Stop Loss, No Take Profit settings,....
*
JPY is strengthening
AUD looked weak .

Seems more like RISK OFF.

trade with cautious

This post has been edited by paogeh: May 28 2020, 12:27 AM


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paogeh
post Jun 3 2020, 10:40 AM

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QUOTE(Hansel @ May 28 2020, 01:49 PM)
Tq bros,... appreciated your updates. I'll keep a few m's to top up if kena mc,... BUT well,... I'll try.

Cutloss on this pair earlier and rugi a lot,... hopefully can make back this time,..

Maybe I shld not comment too much,.. there is this jinx that if we say it out, the pair will move in he opposite direction that we went in on.... tks again, bros,..

Sometimes, we do this for the excitement too-lar,...

My 'instincts' tell me it's RISK-ON !
*
AUD is flying off.

Congra for you handsome profit.
paogeh
post Jun 3 2020, 05:08 PM

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QUOTE(Hansel @ Jun 3 2020, 12:45 PM)
Tks for reminding me, bro,... My highest price was 71.20,... I think,... can't remember,... got another two tranches below this level,...

Now,... I'm chasing SG stocks now, soon no more chance already.... there is one counter called VIcom that is doing a share split next week, if you are keen,... see over at the 'SG Ctrs' thread,.. I have started loading-up from this morning,...

Hopefully can buy you guys a drink one day,.. a few drinks,...
*
i have stopped playing FX , and
only invest the peanuts leftover in ASNB fixed fund .
Enough for the excitement/heart attacks moments in trading.



if u managed to drop by penang,
sure,
let's go for a drink .

paogeh
post Sep 6 2020, 10:38 PM

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QUOTE(Hansel @ Sep 5 2020, 04:50 PM)
Huat to you in November then, bro,... US Elections on Tuesday, Nov 3rd ! Everybody lost money, bro,... most important is if we can make it back,... AND it does not wipe us out of our comfortable livelihood,...

Other than the above,.. so long as we are comfortable, we experienced life to the fullest with our loved ones and children,... that;s all there is to it !
*
Congra Bro ,
hope u recoup back all your losses + profit smile.gif
paogeh
post Feb 26 2021, 04:55 AM

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@hansel

looking at the AUD/JPY and AUD/USD chart ......

the safe strategy for this 2 pair , buy at the DIP ,
eg : AUD/JPY 61.00 (Mar2020) and AUDUSD 0.56(Mar2020)

Taking 1 standard lot.

Hold AUDJPY from 61.00 ===> 84.00 ===> 2300 pips x 10usd = USD23K profit just for 1 lot .

similar with AUDUSD.

last check with IC market swap ..... both long/short , have to pay swap of USD1--3+ ......

taking 365 days ===> USD2 x365 ==> USD700+

1 Lot ==> if capital USD5K to hold...
USD23K - USD700 ===> USD22k ----- not bad ...
Return = > 22k/5k = 440% return in a year

the RISK :
1. AUD crash
2. USD or JPY strengten , like 2008 ==> or major RISK OFF
3. AUD interest rate fall
4. USD or JPY interest rate rise
5. The AUD up trend might not continue


that;s what i could think off .
not many ppl would like to hold FX > 1 year ....


















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