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 Forex Trading Corner V2

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normeck
post Mar 27 2008, 07:59 AM

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ye la bro....
i'm using leverage 1:500....
and can tahan about 2 month with closed all profit....
and can hold until -2000 pip....

money management...thats all..
hitokiri_maniac
post Mar 27 2008, 10:20 AM

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QUOTE(normeck @ Mar 27 2008, 07:59 AM)
ye la bro....
i'm using leverage 1:500....
and can tahan about 2 month with closed all profit....
and can hold until -2000 pip....

money management...thats all..
*
becoz..u play GJ... and i saw from ur screenshot that u only play that pair... u should know when to cut loss.. doh.gif doh.gif .. not juz waiting it to turn back... and gj really volatile.. try other pair.. although it not move so fast as gj at least u get profit a little.. 20 pip TP more worth than -50 pips...

ppl always think to get faster pips.. play GJ but instead they lose while ppl that play other pair although they not gaining as many pips as GJ at least it's a profit whistling.gif whistling.gif


QUOTE(db86 @ Mar 27 2008, 02:54 AM)
why is that bro? so in this case you are suggesting the best leverage to go with is leverage 100?

from what i know, leverage 400 enables us to control a bigger market with less money, isn't that a good thing? how could we get a margin call since the money that we put in when opening a new trade is much lesser than the other leverage?

thanks alot for answering my question here bros.... blush.gif
*
with higher leverage u can open more lot la....it doesn't matter either 100:1 or 500:1.. it all about money management... if u on 100:1 u can open 5 lot only.. when u on 500:1.. u can still open 5 lot only dun be so greedy open more than that juz becoz u can open more lot... againn.. it all about money management and how greed are u whistling.gif whistling.gif

if 100:1 leverage u can open 5 lot.. maybe 500:1 u can open more lot than that.. higher leverage the lower margin it takes from ur equity for each lot u open..

example..

1:100 .. if u open 1 lot .. it will take 1000 usd from ur equity
1:200... if u open 1 lot... it will take 500 usd from ur equity
1:500 ...if u open 1 lot... it will take 200 usd from ur equity

see higher leverage more lower margin it take from ur equity for each lot u open...ppl want higher leverage becoz wanna open more lot and higher .. it juz like when ppl said.. dun buy faster car.. u can get accident more easier.. although it depend on ur style of driving..either driving bmw or proton saga..whistling.gif


Added on March 27, 2008, 10:21 am
QUOTE(penyengat @ Mar 27 2008, 12:59 AM)
I got a profitable EA dat hav been modified and tried....and also forex killer software.
I m selling it for a cheap price..usd10 each,can pay through paypal or local bank acount.
Anyone interested can email me at penyengat@yahoo.com.

icon_rolleyes.gif
*
hahaahha.. are u kidding me????.. i see from ur screeshot it show.. kuskus indicator... lol.. dude.. this EA is free.. lol.. dun try to cheat ppl laaa... vmad.gif vmad.gif


Added on March 27, 2008, 10:24 am
QUOTE(small-jeff @ Mar 27 2008, 12:10 AM)
wow..hefty 300pips man...100% good!
swing = open one position, sit back and wait for profit or lose
if you use leverage 400:1, most likely you'll get margin call within an hour..
*
no u not... u get margin call becoz u are too greedy with mindset open more lot u can get richer quicker... in leverage 100:1 also u get margin call.. in leverage 500:1 also u get margin call.. whistling.gif whistling.gif

This post has been edited by hitokiri_maniac: Mar 27 2008, 03:34 PM
normeck
post Mar 27 2008, 12:17 PM

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QUOTE(hitokiri_maniac @ Mar 27 2008, 10:20 AM)
becoz..u play GJ... and i saw from ur screenshot that u only play that pair... u should know when to cut loss.. doh.gif  doh.gif .. not juz waiting it to turn back... and gj really volatile.. try other pair.. although it not move so fast as gj at least u get profit a little.. 20 pip TP more worth than -50 pips...
i agree u on this...
but then it come to money management as well...

for me..
the more risky you playing, the more profitable it be...
when playing GJ...u must be 70% - 90 % sharp to read the FA +TA...
when it react differently....then BOOM!

when u playing standard account..with so so capital...GJ was not the right platform to trade for...unless u have big capital...
for me also..when playing standard account..definitely, i will not go for GJ...better play EU or other pair that not so volatile...
biggrin.gif



low yat 82
post Mar 27 2008, 03:23 PM

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QUOTE(penyengat @ Mar 27 2008, 12:59 AM)
I got a profitable EA dat hav been modified and tried....and also forex killer software.
I m selling it for a cheap price..usd10 each,can pay through paypal or local bank acount.
Anyone interested can email me at penyengat@yahoo.com.

icon_rolleyes.gif
*
bro.. go cari makan at else where...


QUOTE(normeck @ Mar 27 2008, 12:17 PM)
i agree u on this...
but then it come to money management as well...

for me..
the more risky you playing, the more profitable it be...
when playing GJ...u must be 70% - 90 % sharp to read the FA +TA...
when it react differently....then BOOM!

when u playing standard account..with so so capital...GJ was not the right platform to trade for...unless u have big capital...
for me also..when playing standard account..definitely, i will not go for GJ...better play EU or other pair that not so volatile...
biggrin.gif
*
hmm... no wonder my profit go up so fast...


btw, which other pairs dat got this kind of volatility?


hitokiri_maniac
post Mar 27 2008, 03:34 PM

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i think got one more pair like GJ.. i forgot already.. it start with Gbp/XX...same volatile as GJ also..
low yat 82
post Mar 27 2008, 03:46 PM

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need all those people TT b4 using maybank... need to wat option? malaysia resident TT for invesment witout domestic borrowin?

d details we fill in must correct ka?
woopypooky
post Mar 27 2008, 03:52 PM

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QUOTE(hitokiri_maniac @ Mar 27 2008, 03:34 PM)
i think got one more pair like GJ.. i forgot already.. it start with Gbp/XX...same volatile as GJ also..
*
gbp/us
i never seem to make money with this 2 pairs.

kuskus indicator, now where did i heard it before? lol tongue.gif forexfactory maybe, old thread, maybe got something to do with MACD....
Medufsaid
post Mar 27 2008, 03:55 PM

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MYR has been bleeding horribly this week. Guys. Any idea? :-\
Quincy
post Mar 27 2008, 05:09 PM

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QUOTE(woopypooky @ Mar 27 2008, 03:52 PM)
gbp/us
i never seem to make money with this 2 pairs.

kuskus indicator, now where did i heard it before? lol tongue.gif  forexfactory maybe, old thread, maybe got something to do with MACD....
*
kuskus system is in forex-tsd forum, not in forexfactory smile.gif
JavaOne
post Mar 27 2008, 07:38 PM

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QUOTE(kurtkob78 @ Mar 26 2008, 11:35 PM)
wow, what is your to open 1 lot. wow, u use ta or fa ?
*
smile.gif I based on fundamentals and get in when I see the price is wat i want
Dun really use ta

Wont go wrong if based on fundamentals

This post has been edited by JavaOne: Mar 27 2008, 07:45 PM
penyengat
post Mar 27 2008, 08:30 PM

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Sory guys if my previous post is no good in here.
The kuskus is free, i know. This EA using the kuasa forex as its indicator...that why the kuskus appear on the pic.

Anyway...happy trading guys.
ableze_joepardy
post Mar 28 2008, 01:31 AM

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wanna as basic q..

let say i make a BUY entry for GU at 1.8000, SL = 50pips (1.7950), TL = 25pips

Then the price rises up to 1.8010.. so i win 10 pips..

What will happened to my SL?

Will it be

a) shifted to 1.7960 (which is 1.7950 + 10 pips)*
b) shifted to 1.7985 (which is 1.8010 - 25 pips)

*for a), will the SL shifted based on pips won and after the SL level > entry price then the SL will shifted based on TL (current price - TL value)?
normeck
post Mar 28 2008, 08:53 AM

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if u play TP...

let say u open trade at 200.00
set TP 30 pip
it will start when u get + pip
if it touch 200.50, ur new stop lost will be 200.20..
and it will change according to your +pip
if it go to 200.70..then your SL will be at 200.40...and so on so on...

im not so sure when u placing SL....maybe someone can help us too...

heheh!

Happy Trading!
low yat 82
post Mar 28 2008, 09:14 AM

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no 1 answer me.. T.T act how does u all transfer money? go direct to bank?
normeck
post Mar 28 2008, 11:08 AM

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QUOTE(low yat 82 @ Mar 28 2008, 09:14 AM)
no 1 answer me..  T.T  act how does u all transfer money? go direct to bank?
*
ahaks!...sorry bro...
i think Maybank got TT via maybank2u...
go click click and see.... laugh.gif


hitokiri_maniac
post Mar 28 2008, 11:21 AM

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QUOTE(low yat 82 @ Mar 27 2008, 03:46 PM)
need all those people TT b4 using maybank... need to wat option? malaysia resident TT for invesment witout domestic borrowin?

d details we fill in must correct ka?
*
this one for interbank fx wiretransfer guide... hope that helps u smile.gif


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This post has been edited by hitokiri_maniac: Mar 28 2008, 11:22 AM
normeck
post Mar 28 2008, 12:10 PM

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thankz hitori...appreciate it....
now as easy as ABC.....smile.gif
DaBestOne
post Mar 28 2008, 04:17 PM

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hey bros, can anyone explain what is the meaning of rollover charges please?

as far as i know, if i play with a pair consisting usd in it, the broker will help me close the pair comes gmt 10pm (because US market closes at gmt 10, pls correct me if i m wrong)... if happens that i am having a -ve floating p/l during that particular time, then i will end up losing money rite?

can anyone explain more to me regarding rollover? does rollover exist in every broker? i asked a friend of mine, he said that only some of the brokers require rollover whilst some don't....

will appreciate much for the advice and explanations.. thanks alot guys...

This post has been edited by DaBestOne: Mar 28 2008, 05:01 PM
low yat 82
post Mar 28 2008, 08:39 PM

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@hitokiri_maniac

thanks man!!!!

btw, d declaration i choose d 4th one... sweat.gif anyway effect?


n d transaction descreption i put my name tongue.gif


waaaa!!!! maybank n ODL damn fast transfer money!!! i wiretransfer around 5pm now alrady got d.. thumbup.gif thumbup.gif

kanasai... been charged by d oversea bank usd 21.. now onli got 1979.. sweat.gif sweat.gif now askin d customer support whether i can trade or not or need to bank in at least minimum capital 2k... doh.gif
hitokiri_maniac
post Mar 28 2008, 09:02 PM

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QUOTE(low yat 82 @ Mar 28 2008, 08:39 PM)
@hitokiri_maniac

thanks man!!!!

btw, d declaration i choose d 4th one...  sweat.gif  anyway effect?
n d transaction descreption i put my name tongue.gif
waaaa!!!! maybank n ODL damn fast transfer money!!! i wiretransfer around 5pm now alrady got d.. thumbup.gif  thumbup.gif

kanasai... been charged by d oversea bank usd 21.. now onli got 1979..  sweat.gif  sweat.gif  now askin d customer support whether i can trade or not or need to bank in at least minimum capital 2k...  doh.gif
*
the no 4 for if u wiretransfer money to malaysia residence( malaysian ppl ) in oversea maaa... wink.gif


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