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

hahaha...no worries...can gain back later...the important thing is...as i always said to myself (though in demo)

"FOLLOW THE DAMN RULE!!!"

close all position d... nett profit bcomes +ve again... uhuhuh usd238+

wah...superb nice!! grats man...wahlao...you look at forex while working? or you already quitted your job? lol

This post has been edited by small-jeff: Apr 1 2008, 08:13 PM

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

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...

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Added on April 1, 2008, 9:04 pmlook 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

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

nice lowyattt... ..

btw which pair do u trade??? GU and GJ?

EU... take 3 short positions... i was lucky to spot it vry early stage..

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..

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

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...

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

ic.. nice lowyat... maintain that profit and for sure.. by the end of the monthh.. sure u got high income

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

This post has been edited by hitokiri_maniac: Apr 1 2008, 10:38 PM

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

yeahh.. no need to be rushh... rushing alot can make ppl loss profit..



This post has been edited by hitokiri_maniac: Apr 1 2008, 10:41 PM

yar... dats d reason i lose for GU




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...

which was the best timeframe...?

for me im using TFm15 for my scalping...
TFm30 Breakout
TFH1 to see DT or UT

There is this 100% winning hedging strategy(at least it seem to me).

1. find 2 broker, 1 that charge rollover interest daily, and the other one doesnt charge rollover interest.

2. divide your money into half for each broker with 400:1 leverage.

3. GDP/JPY is the highest interest pair. You long it and you get rollover interest. You short it and you need pay for rollover interest

4. Long GDP/JPY on broker that charge rollover interest and short GDP/JPY on broker that doesnt charge interest. Just keep the trade and not closing it (to avoid paying for spread)

4. Long 1 lot GJ interest is $23 daily. 1 lot = 100,000/400 leverage = $250 of your actual money. Open a few lots and you earn several thousand ringgit per month.

And whether GJ rise or drop, it doesnt matter cos you took both position. If GJ rise, you will earn in long broker and lose in short broker. All you need to do then is transfer money from one broker to another.

So what do you guys think? will it work or not? opinion please.

This post has been edited by woopypooky: Apr 2 2008, 03:21 PM

dont you need to close position to get the rollover?
hmm...

1) if it goes short, your long position gets margin call, you withdraw from short position, put in for long.

2) following, it crosses over and go long, your short position gets margin call, again you withdraw fund from long to put into short.

3) each time you get a margin call, your original usable margin will become half.

hmm...from a weekly chart, GJ could fluctuate bout 1000 pips within a month...unless you could avoid margin call...IMO, not too good

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

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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

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

from 8.30 to 9.15pm..... mm just sharing... small capital small profit lo..

This post has been edited by jebonen: Apr 2 2008, 09:57 PM

hahaha...can one...just maintain what you're doing, and read the headlines of business news...

wah...say rm200 per day, 1 month can get rm4.8k!! buy everyone in this thread a drink!! envy envy...

u can also do dat later wat

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

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Added on April 2, 2008, 10:05 pmkeep it up

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

and always learn from ur mistake everytime u take loss..