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 Forex Trading Corner V2

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small-jeff
post Mar 21 2008, 08:36 PM

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hm...i'm still trying on a demo now...wanna see how many positions will i lose out of 200. now just past the 40th or so position. hm...kinda worried though..that going live is different from demo sad.gif


Added on March 21, 2008, 8:37 pmbtw...the market today is going quite sluggish though...most pairs gone sideways..some breakout might just be in the corner..

This post has been edited by small-jeff: Mar 21 2008, 08:37 PM
low yat 82
post Mar 21 2008, 09:09 PM

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QUOTE(small-jeff @ Mar 21 2008, 08:36 PM)
hm...i'm still trying on a demo now...wanna see how many positions will i lose out of 200. now just past the 40th or so position. hm...kinda worried though..that going live is different from demo sad.gif


Added on March 21, 2008, 8:37 pmbtw...the market today is going quite sluggish though...most pairs gone sideways..some breakout might just be in the corner..
*
ya lor... y so sugglish a?
normeck
post Mar 21 2008, 10:42 PM

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Good Friday?....holiday?
small-jeff
post Mar 21 2008, 10:44 PM

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it means.."its friday..go out and stop making money through the pc"
low yat 82
post Mar 21 2008, 11:10 PM

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QUOTE(normeck @ Mar 21 2008, 10:42 PM)
Good Friday?....holiday?
*
hmm.... Dow jone also no open market oo...
small-jeff
post Mar 21 2008, 11:33 PM

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deng...no wonder...
normeck
post Mar 22 2008, 01:06 AM

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monday also cuti...
Easter Day....
zzzz...boring day la....
woopypooky
post Mar 22 2008, 01:53 AM

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QUOTE(normeck @ Mar 22 2008, 01:06 AM)
monday also cuti...
Easter Day....
zzzz...boring day la....
*
but broker got open right? tongue.gif


This post has been edited by woopypooky: Mar 22 2008, 01:54 AM
DaBestOne
post Mar 22 2008, 03:24 AM

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hey guys.. one question here.. when there's holidays or during weekends? the market will move slower than usual? why is that so?

@lowyat82.. what do you mean by dow jone?

thanks in advance guys for all your explainations.. notworthy.gif

This post has been edited by DaBestOne: Mar 22 2008, 03:27 AM
small-jeff
post Mar 22 2008, 09:18 AM

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QUOTE(woopypooky @ Mar 22 2008, 01:53 AM)
but broker got open right? tongue.gif
*
most likely it'll go sideways on monday as well....zzzz....
low yat 82
post Mar 22 2008, 10:13 AM

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QUOTE(DaBestOne @ Mar 22 2008, 03:24 AM)
hey guys.. one question here.. when there's holidays or during weekends? the market will move slower than usual? why is that so?

@lowyat82.. what do you mean by dow jone?

thanks in advance guys for all your explainations..  notworthy.gif
*
holiday ma.... still wan to work meh tongue.gif


DOW JONES INDUSTRIAL AVERAGE

http://finance.yahoo.com/q?s=%5EDJI

one of d main index in US stock market..
siaokia
post Mar 22 2008, 05:36 PM

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QUOTE(DaBestOne @ Mar 22 2008, 03:24 AM)
hey guys.. one question here.. when there's holidays or during weekends? the market will move slower than usual? why is that so?

@lowyat82.. what do you mean by dow jone?

thanks in advance guys for all your explainations..  notworthy.gif
*
Depend on which country having holiday.. for this good Friday we have major country having holiday. GB NY and Sydney ..bank is close .. then market have slower move..

less ppl goin to trade as a respect toJesus Christ? smile.gif


Added on March 22, 2008, 5:43 pm@ Small-Jeff..

For me i'll keep my day job at 1st.. as During Asian Season .. the trade Volume is low.. means market move less...West country start at 4pm and 10 pm we can do it as part time after working hour.. when everything going well and expect.. then only Quit the day job.. smile.gif Thats my plan.. smile.gif

This post has been edited by siaokia: Mar 22 2008, 05:43 PM
small-jeff
post Mar 22 2008, 11:18 PM

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yeah...i noticed that too..i tried too couple of days off, and notice that during our daytime..not that good to trade as during night..and the spread is high as well..night time i could trade bout 10 positions..but during daytime could only trade 3-5 positions..
DaBestOne
post Mar 22 2008, 11:43 PM

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hey guys.. anyone of you here had trade long enough to actually come out with your own method of trading?
jack2
post Mar 23 2008, 12:13 AM

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Anyone wants to invest in forex and use TT. I have 30k USD for transfer.

Meaning, if you have USD account, I can transfer to you @ the rate lower than the rate you buy from bank.... hehe
db86
post Mar 23 2008, 12:32 AM

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QUOTE(DaBestOne @ Mar 22 2008, 11:43 PM)
hey guys.. anyone of you here had trade long enough to actually come out with your own method of trading?
*
i have a friend who had trade forex for 3 to 4 years already and he claims that he had invented a method himself and gain profit averaging from

10-20% per month.. now he is trading base on this method everyday... according to him, the way he trades is very safe instead of taking high risk, as a return the result is quite slow but steady ....

had anyone heard of this kinda method before or there any such method available in the market?

i am a forex newbie and i wonder this kinda method can be trusted? smile.gif
low yat 82
post Mar 23 2008, 02:10 AM

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QUOTE(jack2 @ Mar 23 2008, 12:13 AM)
Anyone wants to invest in forex and use TT. I have 30k USD for transfer.

Meaning, if you have USD account, I can transfer to you @ the rate lower than the rate you buy from bank.... hehe
*
hmm... can trust or not? hmm.gif hmm.gif

how much is d service charge by ur bank?


Added on March 23, 2008, 2:12 am
QUOTE(db86 @ Mar 23 2008, 12:32 AM)
i have a friend who had trade forex for 3 to 4 years already and he claims that he had invented a method himself and gain profit averaging from

10-20% per month.. now he is trading base on this method everyday... according to him, the way he trades is very safe instead of taking high risk, as a return the result is quite slow but steady ....

had anyone heard of this kinda method before or there any such method available in the market?

i am a forex newbie and i wonder this kinda method can be trusted?  smile.gif
*
d question is, do u trust ur fren?

jus tell him to show u the proof la...

This post has been edited by low yat 82: Mar 23 2008, 02:12 AM
db86
post Mar 23 2008, 02:46 AM

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yeah.. i do trust this friend of mine.... he showed me the statement before.. and average profit per month is around 15 percent of the overall capital....

but i do notice that most of the trades are only close after few days time... around 2 to 3 days....

waiting so long to close a trade is not wise isn't it? we lose out a lot of chance to trade for pairs that have more volatile movement....

would like to have some advice.. thank you guys smile.gif


small-jeff
post Mar 23 2008, 02:50 AM

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it is possible..provided that the profit limit is very low...considering you try to earn 1pip per trade..not really that difficult..currently i'm targetting on 10 pips per trade...looking good smile.gif Ofcourse, you'll need to know what you're doing...not blindly place position tongue.gif
jack2
post Mar 23 2008, 08:24 AM

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QUOTE(low yat 82 @ Mar 23 2008, 02:10 AM)
hmm... can trust or not?  hmm.gif  hmm.gif

how much is d service charge by ur bank?
Can la.. I can be trusted tongue.gif

I think the fee is charged to me and you will receive the gross amount I transferred if your bank is in Malaysia too.

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