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 Forex Trading Corner V2

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mphpopular
post Jun 26 2008, 04:25 AM

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Hre is one of example trade that got special case inside.

Wish it helpful.

Currently floating +32pips.

Edit:cLOSE trade at 30pips. Closed at 4:56am. A bit regret why i don't take the interest only close ttrade

This post has been edited by mphpopular: Jun 26 2008, 04:57 AM


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luqmanz
post Jun 26 2008, 10:42 AM

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hai all ... how are you guys trading smile.gif
mphpopular
post Jun 26 2008, 11:01 AM

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QUOTE(luqmanz @ Jun 26 2008, 10:42 AM)
hai all ... how are you guys trading smile.gif
*
You mean the way we trade? Or are we doing good right??

1)How are you guys "trading" --> ask how you trade
2)"How are you" guys trading --> ask us are we fine
billytong
post Jun 26 2008, 11:38 AM

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Look for Eu top bounce from 5719 resistant. Let see if we can top out there and bounce.

The price action shows it want to hit 5750. i probably short again there.

Added a number 5688 topside. Lets see.

This post has been edited by billytong: Jun 26 2008, 11:41 AM
fazryle
post Jun 26 2008, 11:38 AM

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emmm i just started to step into this forex world last 3 weeks.. i find out is very difficult for me to understand about the indicator, candle, shoulder, wave and others things that can be used to help me with the trade.. can do u guyz recommand any website or documents that used simple engish and easy to understand.. thanks a lot guyz.. i try to be active and share anything i gain for this forum.. thanks a lot guyz... laugh.gif laugh.gif laugh.gif laugh.gif

p/s : now i still used the demo version looking foward to join real nex week.. wish me luck.. hahaha

This post has been edited by fazryle: Jun 26 2008, 11:42 AM
jebonen
post Jun 26 2008, 11:52 AM

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EU moving UT as predict b4... hu hu
mphpopular
post Jun 26 2008, 12:06 PM

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QUOTE(fazryle @ Jun 26 2008, 11:38 AM)
emmm i just started to step into this forex world last 3 weeks.. i find out is very difficult for me to understand about the indicator, candle, shoulder, wave and others things that can be used to help me with the trade.. can do u guyz recommand any website or documents that used simple engish and easy to understand.. thanks a lot guyz.. i try to be active and share anything i gain for this forum.. thanks a lot guyz... laugh.gif  laugh.gif  laugh.gif  laugh.gif

p/s : now i still used the demo version looking foward to join real nex week.. wish me luck.. hahaha
*
Try to demo for a longer period. AT least you can understand the basic and those blar blar blar stuff first. Trade real before you have any basic knowledge is very dangerous. I learn my technical analysis thru books in border, kinokuniya. Tat's my favourite.... --> reading


QUOTE(jebonen @ Jun 26 2008, 11:52 AM)
EU moving UT as predict b4... hu hu
*
Kesian I no trade EU...

@normeck
The method i post out, not suit for GJ 15m TF. Cause the main engine --> blue line on the graph is not compatible wif GJ 15m. If will make you late signal, late around 2 to 3 candle.

This post has been edited by mphpopular: Jun 26 2008, 12:13 PM


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kevler
post Jun 26 2008, 12:07 PM

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QUOTE(luqmanz @ Jun 26 2008, 10:42 AM)
hai all ... how are you guys trading smile.gif
*
dah lama tak dengar citer bro ...wink.gif
fazryle
post Jun 26 2008, 12:30 PM

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thanks... i think i will open first my accounts but not doing any trade.. just want to know under what broker u guyz registered? i looking foward to join fxmalay... how bout that.. for me is the best.. huhuhuu because of the offer.. hehe
mphpopular
post Jun 26 2008, 12:37 PM

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You wanna trade how much? I going to open one micro acount in fxmalay wif USD 30 - 50. Use that accout to test some of my trading method and longterm trading. If you wish to open up a small account, fxmalay is ok, but be reminded, it does not regulated, so, i don't advice you to take USD 500 and open account there.


coldfusionpower
post Jun 26 2008, 01:06 PM

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tension sial .. trade on demo 80% win ... when trade on real ... percentage suddenly goes down the drain .. from 1k to 300 .. goes back to 700 .. then straight goes down to 300 goes to 290 goes to 170 .. back to 200 ..

oklah .. wanna go play bowling after this .. release some pressure ... sigh
mphpopular
post Jun 26 2008, 01:09 PM

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QUOTE(coldfusionpower @ Jun 26 2008, 01:06 PM)
tension sial .. trade on demo 80% win  ... when trade on real ... percentage suddenly goes down the drain .. from 1k to 300 .. goes back to 700 .. then straight goes down to 300 goes to 290 goes to 170 .. back to 200 ..

oklah .. wanna go play bowling after this .. release some pressure ... sigh
*
Patut la long time tak nampak you.. Busy trading oh.... Demo, kita ada capital ma... Tak payah letak SL pun tak apa.... Real money, sakit hati tengok itu value -ve... Slow and steady... Trust on you..... Tengok bila i free, sudah mau pergi buka acc dekat fxmalay... Try micro pips. Mungkin i tak sakit hati dekat duit lagi dan boleh perform good good.
billytong
post Jun 26 2008, 01:13 PM

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SL is a reason where u lose money. Check the problem, do u have very tight SL? like <100pips?

For yen pairs, it can swing up and down 200-300pips. if u take loss u must wait the counter trend or retracement to recoup what u loss or more than what u loss. This way u win.
coldfusionpower
post Jun 26 2008, 01:21 PM

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QUOTE(mphpopular @ Jun 26 2008, 02:09 PM)
Patut la long time tak nampak you.. Busy trading oh.... Demo, kita ada capital ma... Tak payah letak SL pun tak apa.... Real money, sakit hati tengok itu value -ve... Slow and steady... Trust on you..... Tengok bila i free, sudah mau pergi buka acc dekat fxmalay... Try micro pips. Mungkin i tak sakit hati dekat duit lagi dan boleh perform good good.
*
busy trading and busy for collage final exams ... sekarang dah habis .. freedom edi .. haha ..

yg sakit hatinyer .. kat demo dan real account, using the same style .. same TP value , same SL value , same lot. i made a excel based calculator so wont go wrong on the calculations ..

yeah .. totally agree .. yg bile tengok -ve tu sakit hati tu .. padahal .. sejam-2 lepas tu .. naik .. dah banyak kali macamtu .. haha bukan u dah ade live account meh ? anyway .. good luck !

QUOTE(billytong @ Jun 26 2008, 02:13 PM)
SL is a reason where u lose money. Check the problem, do u have very tight SL? like <100pips?

For yen pairs, it can swing up and down 200-300pips. if u take loss u must wait the counter trend or retracement to recoup what u loss or more than what u loss. This way u win.
*
well .. i rarely hit SL .. it does sometimes ... my SL is 40 pluss .. for 1hr scalping , daily. weekly are 60 and monthly are 80 ..
mphpopular
post Jun 26 2008, 01:32 PM

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QUOTE(billytong @ Jun 26 2008, 01:13 PM)
SL is a reason where u lose money. Check the problem, do u have very tight SL? like <100pips?

For yen pairs, it can swing up and down 200-300pips. if u take loss u must wait the counter trend or retracement to recoup what u loss or more than what u loss. This way u win.
*
notworthy.gif

QUOTE(coldfusionpower @ Jun 26 2008, 01:21 PM)
busy trading and busy for collage final exams ... sekarang dah habis .. freedom edi .. haha ..

yg sakit hatinyer .. kat demo dan real account, using the same style .. same TP value , same SL value , same lot. i made a excel based calculator so wont go wrong on the calculations ..

yeah .. totally agree .. yg bile tengok -ve tu sakit hati tu .. padahal .. sejam-2 lepas tu .. naik .. dah banyak kali macamtu .. haha bukan u dah ade live account meh ? anyway .. good luck !
*
I sudah ada satu account. Now mau buka fxmalay, try to trade wif micro lots one... I wan know what is the feel when trading 1 cent , 10cent and 1 buck for each pips. Mayb you feel stress when you trade 1 buck for eachpips, so your result not very good. But when u trade 1 cent, mayb you feel no stress, then can win alot.... Kena testing testing..... Test then we know..

@jebonen
Kedai makan sudah naik harga lagi... I tak tau sentosa la. But dekat mine, sudah naik harga...
billytong
post Jun 26 2008, 01:36 PM

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did u move ur SL from 40 to more? Just to prevent it get hit? Or Take loss b4 the SL get hit? usually a lot of trader do those stupid stunt move after that only realise the market come back up and go their direction and leave them alone.

And of coz, do not short on bottom of a range or long top of of range, it is just pure stupidity. And if u cant take a -100pips on low volatile pairs like EU, GU,CHF etc... then u are out of question to be sucessful.

For yen, it can be easily 200-300pips drawdown.

normeck
post Jun 26 2008, 01:38 PM

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QUOTE(billytong @ Jun 26 2008, 01:36 PM)
did u move ur SL from 40 to more? Just to prevent it get hit? Or Take loss b4 the SL get hit?  usually a lot of trader do those stupid stunt move after that only realise the market come back up and go their direction and leave them alone.
*
this statement really hit my face la...... sweat.gif

mphpopular
post Jun 26 2008, 01:42 PM

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QUOTE(billytong @ Jun 26 2008, 01:36 PM)
did u move ur SL from 40 to more? Just to prevent it get hit? Or Take loss b4 the SL get hit?  usually a lot of trader do those stupid stunt move after that only realise the market come back up and go their direction and leave them alone.

And of coz, do not short on bottom of a range or long top of of range, it is just pure stupidity. And if u cant take a -100pips on low volatile pairs like EU, GU,CHF etc... then u are out of question to be sucessful.

For yen, it can be easily 200-300pips drawdown.
*
Then what should we do??? Set a bigger SL will be a better method, right? Hehe biggrin.gif
fazryle
post Jun 26 2008, 01:43 PM

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thanks... i think i will open first my accounts but not doing any trade.. just want to know under what broker u guyz registered? i looking foward to join fxmalay... how bout that.. for me is the best.. huhuhuu because of the offer.. hehe
mphpopular
post Jun 26 2008, 01:46 PM

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How much you going to use in open your account? You looking for micro account , mini account, or standard account.

If mini and standard, i sure recommend you to go for those regulated one like gftforex, oanda, ibfx, alpari, fxcm, and more

If micro, i think fxmalay is ok. Juz not regulated only. So, dont fund too much lor.

Another point is, every broker have diffferent trading platform... U wish to use what trading platform? Then you should choose the broker that have the trading platform you want

Edit: Gu trade closed at breakeven.
Wait for London open session, gonna take a nap first.

This post has been edited by mphpopular: Jun 26 2008, 01:49 PM

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