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 Forex Trading Corner V2

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mphpopular
post May 20 2008, 10:07 PM

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EJ 5minTF


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mphpopular
post May 21 2008, 01:37 AM

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QUOTE(coldfusionpower @ May 20 2008, 11:46 PM)
just curious .. what currency do most of u go for and what time frame ?
*
i major on EJ and GJ. for EU and GU, i only have a browse on it whenever people is discussing it. I nvr trade EU and GU for real.

mainly my trade from 5min and 15min
mphpopular
post May 21 2008, 10:23 AM

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I think if you play EU, you should be getting a lot of pips yesterday. The market very volatile yesteraday, as you can c, in a minute,it bumps up. then it slowly go down, and today morning i was sleeping, and it goes down alot. I hate why i am sleeping.hahaha
mphpopular
post May 21 2008, 11:02 AM

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Juz wait for a moment and today is nice time to hunt. Don't miss out opportunity. Now is still in consolidation mode. Juz wait awhile and see what will happen. Should wait for further confirmation. I don't even dare to go toilet now. My opinion EJ will be going up but i still waiting,juz for safety..


11:06 ---- should be ready ...... the time is nice now.... wait for amoment and rdy to go

11:19 ---- price not moving at all.....nid patient... learn fishing now

11:20 ---- i juz went in now. whereby my dmi crosses. quite risky for me

This post has been edited by mphpopular: May 21 2008, 11:23 AM
mphpopular
post May 21 2008, 11:59 AM

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personal view : GJ is more volatile compare to EJ. Alway i saw, the GJ will move first only EJ move... But lowyat82 right about that, EJ cheaper spread. 3 only... much better than 8. but i stil prefer gj
mphpopular
post May 21 2008, 12:25 PM

bar chartist
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eur/usd more stable pair. i like it as well. but i hate it bcoz for eur/usd, u better don't keep any lots if you are losing. cause the price wont comebak. for GJ and EJ. you can keep if you have confident. cause the price too volatile. its easy to go back to you. condition : alll your indicators muz agree. Not 6th sense agree. Wao, normeck, you not working one ah?
mphpopular
post May 21 2008, 12:38 PM

bar chartist
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My GJ trade


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mphpopular
post May 21 2008, 01:19 PM

bar chartist
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lowyat82
Ya, i'm stil worying about my trade, currently in lose. But i usually looking from 15min TF as well. But it does not make big effect for me. I'm kinda take profit then run people.haha

normeck
working hard abitnow. I enter GJ too eaerly. now wif -20pips. waiting him to go bak
mphpopular
post May 21 2008, 04:22 PM

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Lose GJ gao gao. But cover back from EJ. Haiz. News coming out... All watch out. GbP is the next. Watch the price movement


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mphpopular
post May 21 2008, 04:24 PM

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wat is PO man?
mphpopular
post May 21 2008, 04:26 PM

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i got it. Pending order.hahaha...getting pips juz now lowyat?
mphpopular
post May 21 2008, 04:32 PM

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Oic. today seem like 2 big news coming out. 2 also good news. Both GJ and EJ all up up up... but my GJ i throw already..Make me eat shit the GJ
mphpopular
post May 21 2008, 09:45 PM

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Same as me, I wan to go short EJ pairs since it is at the resistance
But all the indicators, showing it is stilll up trend strong. Wao, the afternoon market have made the market now terrible to trade


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mphpopular
post May 21 2008, 11:46 PM

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Manage to scalp a 13 pips before i sleep. Joyness. Goodnight All

This post has been edited by mphpopular: May 21 2008, 11:46 PM


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mphpopular
post May 22 2008, 12:59 AM

bar chartist
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small jeff. Erm i just reply about what you said about SL.
I did do some trade without SL.
but only wif EJ and GU, i might skip putting SL.

Case1:
But if i open up a longer TF like 1H comparing to my trade 5M, if i feel there is one kind of danger, i will add in SL.

Case2:
to reduce the damage i might be taken. I always place the SL around daily resistance juz to make myself safe. For my case, If i did not set SL, I will never quit the position if it was a lose. So, i often set a SL, so that i wont be able to act emotionly.

Case3:
I did have trade whreby touch my SL and rebounces back. But no choice. Every trader should have lose trade. So, juz aim for next chance.


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mphpopular
post May 22 2008, 01:42 AM

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I think everyone got their comfortable point. Do you believe that i alway made a lose if i trade wif 0.04 unit. But i will profit if i trade wif 0.01 unit?

Waiting you to join us....


mphpopular
post May 22 2008, 01:59 AM

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@small-jeff
I have a pdf file, which i found out quite good for me. If you interested on it, plz pm me. Is it posible to send file thru pm?

This post has been edited by mphpopular: May 22 2008, 02:27 AM


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mphpopular
post May 22 2008, 10:12 AM

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GJ still ranging. Nothing much different. EJ yesterday midnight had drop to daily pivot area. Now is waiting it retrace or keep going down. Under the view now. It's a bit consolidation.

@lowyat
I saw that you get interest from rollover before right?
Would you mind which pair you trading? And how many unit, and how much rollover interest you get?

I found out, the rollover interest over here might be higher than bank..... Put money here, take it as fixed deposit.hahaha

This post has been edited by mphpopular: May 22 2008, 10:38 AM


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mphpopular
post May 22 2008, 11:37 AM

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I alway saw people using 30 70 interval wor

This post has been edited by mphpopular: May 22 2008, 11:38 AM


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mphpopular
post May 22 2008, 12:04 PM

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GJ TF 4H. Thanks man, you make me be aware of the general trend.


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