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 Forex Trading Corner V2

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low yat 82
post Mar 31 2008, 08:32 PM

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QUOTE(normeck @ Mar 31 2008, 05:16 PM)
waaa....lowyat today got RM350....hahahha!!....belanja makan okek?
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huhuhu... wait till d end of d month... see d nett profit is -ve or +ve.. sweat.gif sweat.gif

QUOTE(Quincy @ Mar 31 2008, 05:26 PM)
What is BO? BE I know break even.

nice profit you have there. Hope you will be getting profit consistently.


Added on March 31, 2008, 5:28 pm

Perghh muda lagi dah trade forex ye dik? Baru 15 tahun kan? (taken from your blog, sorry if im wrong)
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BO= breakout...

well, today jus lucky can find good chart pattern... dun think can find it every day though... sweat.gif sweat.gif


low yat 82
post Mar 31 2008, 09:39 PM

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ofogogogo EU!!! dun come down!!!

fats fast BO BO BO!!!

damn... kena my SL liao.... doh.gif doh.gif

This post has been edited by low yat 82: Mar 31 2008, 09:42 PM
low yat 82
post Mar 31 2008, 10:13 PM

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QUOTE(DaBestOne @ Mar 31 2008, 09:58 PM)
how many did u set for u sl?

p/s: what do u guys mean by scalping?
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my SL change from time to time.. see wether i use system for scalpin or swing trade bla bla bla...
for scalpin, i see d MA for resistant/support n volume itself..


scalpin means take wat ever on d table tongue.gif whther big pips or small...


low yat 82
post Mar 31 2008, 10:21 PM

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let see how long GU n EU can stay above d trendline...
low yat 82
post Mar 31 2008, 10:34 PM

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QUOTE(small-jeff @ Mar 31 2008, 10:21 PM)
huh? EU was hardly moving before 10pm...like that also kena your SL?

EU just breached 1.5850...time to swing bull...dont think a major pullback anytime soon...
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yar....but i was using scalpin tactic.. so SL vry tight.. anyway, for dat trade got SL but +4pips tongue.gif
low yat 82
post Apr 1 2008, 10:22 AM

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damn, yesterday kena wit GU... yesterday nett profit -usd98... so sad T.T
from untung kau kau in d morning, at night eat shit


but today after call d women i love, i feel rejuvenated!! already forgot ab d losses..

shortin EU right now.. wish me luck..


Added on April 1, 2008, 10:30 am
QUOTE(small-jeff @ Apr 1 2008, 12:14 AM)
lowyat82...just some thought of mine. i'm kind of a scalper too. one thing i notice is...on a 1h chart scalping, try not to use SL..usually i'll close the position if limit is not reached within 2-3 hrs, regardless P/L.

i place my positions 30pips above/below the previous candlestick's high/low, depending on the pattern, i would change the entry order if it's not reached within that hour.

mind to share how you place your position?
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oo... i place my entry vry simple for scalpin... use bar close,open n also volume..,. my TP n SL is vry difficult to explain.. its self fullfillin.

i mean i really scalpin.. 1 to 20+pips. not lookin for maximum profit but take watever on d table

there r another scalpin tactic dat i use.. dat is gartly's 222 pattern.. if u lucky to found this pattern, can hantam kau kau abit tongue.gif

This post has been edited by low yat 82: Apr 1 2008, 10:30 AM
low yat 82
post Apr 1 2008, 02:51 PM

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close 1 position... still got 2 left...uhuhuh...

nett profit -usd98 -> -usd24
low yat 82
post Apr 1 2008, 05:45 PM

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@small-jeff,

yar, been trapped in GU...

shud hav cut loss... but damn!!! hate myself!!! never learn from mistake.. sad.gif
low yat 82
post Apr 1 2008, 07:23 PM

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close all position d... nett profit bcomes +ve again... uhuhuh usd238+ biggrin.gif
low yat 82
post Apr 1 2008, 09:00 PM

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QUOTE(normeck @ Apr 1 2008, 11:26 AM)
hello...can tell me what is scalping...
i think better answer with ss of ur platform more interesting i guess?
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Forex scalping is a trading strategy in which the trader makes dozens or even hundreds of trades daily, looking to capture a few pips per trade. Generally, scalpers stay in trades for less than a minute, bolting as soon as their position captures a few pips.

source : http://www.tradetnt.com/forex-scalping

QUOTE(donmou @ Apr 1 2008, 06:26 PM)
Sorry i'm newbie and really interested to join. Can I know which forex trading company the best so far? Where we can easily deposit funds and withdraw thru local bank accounts with minimum bank charges? Hope to hear more from you sifus
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u can survey ur tradin company from here based on their earnin to noe which one many people use.. http://www.cftc.gov/marketreports/financia...rfcms/index.htm

bank charges usually from 10-25... n d oversea bank charges shud b around usd 25 gua...


Added on April 1, 2008, 9:04 pm
QUOTE(small-jeff @ Apr 1 2008, 08:13 PM)
wah...superb nice!! grats man...wahlao...you look at forex while working? or you already quitted your job? lol
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look it for a while onli lar.. moreover i short it at around 7am... enterin 3 positions.. so, at work, jus take profit one by one tongue.gif

This post has been edited by low yat 82: Apr 1 2008, 09:04 PM
low yat 82
post Apr 1 2008, 10:10 PM

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QUOTE(hitokiri_maniac @ Apr 1 2008, 09:59 PM)
nice lowyattt... thumbup.gif  thumbup.gif ..

btw which pair do u trade??? GU and GJ?
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EU... take 3 short positions... i was lucky to spot it vry early stage.. smile.gif

btw, jus wanna share wit u guys... usually for symetry triangles, they BO around 3/4 from d total length.. dat is d time u can look to take ur positions.. thumbup.gif


Added on April 1, 2008, 10:13 pmtoday vry lazy to scalp d market... wanna watch movie tongue.gif

anyway, now shortin AU... ... bump n run formation.. d risk shud b low though..

close AU d... 45pips in d pocket...

hmm... need to rememb next time.. if got this formation, shud add 2-3 positions... hmm.gif

This post has been edited by low yat 82: Apr 1 2008, 10:34 PM
low yat 82
post Apr 1 2008, 10:38 PM

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hopefully lor... uhuhuh


wow... AU still goin down... seems like formin cup n handle... haizz.. but never mind la... forex is always there.. can trade other time smile.gif
low yat 82
post Apr 1 2008, 11:06 PM

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QUOTE(hitokiri_maniac @ Apr 1 2008, 10:40 PM)
yeahh.. no need to be rushh... rushing alot can make ppl loss profit.. doh.gif
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yar... dats d reason i lose for GU sweat.gif sweat.gif doh.gif


QUOTE
btw which timeframe u use??? 1 hr? 30 minutes?


any time frame actually...but most of d time is 15min/1hr/4hr/day/week. see wat tactics is in d mind.. scalpin/swing.. but for swing,usually i will use higher time frame...
low yat 82
post Apr 2 2008, 09:41 PM

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damn.. i thought i cancel d trailin stop for GU... if not profit much more than this!! ..now onli got 28pips... fcuk!!!!


Added on April 2, 2008, 9:44 pmnow total profit usd320 = 320x3=rm960... still need rm40 to get my 1st 1k in 1 week!! nop,, its 4days!! 960/4=rm210 per day... waaaaaa

if i can maintain my performance, per week 960 x4 =rm 3.8k!!

huhuhu... dreamin lah me tongue.gif

This post has been edited by low yat 82: Apr 2 2008, 09:44 PM
low yat 82
post Apr 2 2008, 10:04 PM

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QUOTE(small-jeff @ Apr 2 2008, 09:55 PM)
hahaha...can one...just maintain what you're doing, and read the headlines of business news... smile.gif

wah...say rm200 per day, 1 month can get rm4.8k!! buy everyone in this thread a drink!! tongue.gif envy envy... sad.gif
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u can also do dat later wat smile.gif

huhuhu, but 1st i need to cover losses from stock.. haizz....shud b able to cover d losses in 1-2months.. hopefully...

sorry, i didnt read news also... coz i always belief, when u follow 'smart money', ur risk is vry low.. no need to examine wats d news, jus follow their footstep... coz i dun belief im better than them in FA..

those smart money r vry good in FA n TA...so, in order to make money out of them, we must master one of it.. if can both, but i dun think im clever like dat tongue.gif


Added on April 2, 2008, 10:05 pm
QUOTE(jebonen @ Apr 2 2008, 09:53 PM)
from 8.30 to 9.15pm..... mm just sharing... biggrin.gif  biggrin.gif  biggrin.gif  small capital small profit lo..
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keep it up smile.gif

This post has been edited by low yat 82: Apr 2 2008, 10:05 PM
low yat 82
post Apr 2 2008, 10:12 PM

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QUOTE(hitokiri_maniac @ Apr 2 2008, 10:11 PM)
nothing impossible in forex...juz know when to take profit.. dun be so greedy... stick to ur money management style... trust ur indicators.. then u will consistent  profit in forex... thumbup.gif  thumbup.gif

and always learn from ur mistake everytime u take loss.. thumbup.gif  thumbup.gif
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this 1 is most difficult part...huhhuh sweat.gif sweat.gif
low yat 82
post Apr 2 2008, 10:31 PM

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it seems like UJ wanna break uppertrend line... hmmm.....


Added on April 2, 2008, 10:42 pmscalpin.. taken rm15 enough for today's lunch + ciggy+dinner,... thanks to whom giv me money tongue.gif

This post has been edited by low yat 82: Apr 2 2008, 10:42 PM
low yat 82
post Apr 3 2008, 11:14 AM

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QUOTE(normeck @ Apr 3 2008, 08:49 AM)
user posted image

this is the situation this morning

yesterday im very frustrated...don't know what im doing....afraid of the news that seems like to go for 100-200 pips.....and start keep closing on -ve pips

can someone here help me on FA...
just give me the basic..

if Nikkei +ve Euro +ve Dow -ve...what will happen to GJ..and vice versa...
i hope some one can help me on this....
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can let me see d volume n MA for 58 n 200?

for d FA sorry, cant help u much tongue.gif
low yat 82
post Apr 3 2008, 02:13 PM

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QUOTE(kevler @ Apr 3 2008, 02:02 PM)
rite now ..i'm holding long for GJ ...daily chart .
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ic... now im holdin GU... wats ur view ab it in terms of EW?
low yat 82
post Apr 3 2008, 06:47 PM

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QUOTE(normeck @ Apr 3 2008, 03:18 PM)
i can give u MA for 200
u want MA 58?...u play MA 58?
how u play with volume....?
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coz i like d no. 58. means will not b rich tongue.gif

no la... i jsu randomly select a MA and see whether it fits most of d charts n time frame...


volume r? hmm... mayb u wan read books ab tape readin or volume spread analysis...

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