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Forex Trading Corner V2
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Forex4ff
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Jun 10 2008, 02:32 PM
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New Member
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Hi everyone, I involved in Equity trading for sometime but I am new to Forex trading. A few friends and I would like to create a small group/club in Forex trading. One of them has traded Forex for a long time and some just traded for a year and some are newbie like me. Most of us are staying around KL.
The main objective for the club is to develop our own trading strategy and have regular discussions and meetings to share among ourselves. We might regular meeting like once per week.
People that we are looking for must be:- - Serious in Forex trading - Positive (very important) - Willing to share and open minded
Please fell free to pm me if you are interested. We can yam cha together together and discuss further. Thanks.
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Forex4ff
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Jun 10 2008, 03:04 PM
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New Member
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QUOTE(normeck @ Jun 10 2008, 02:58 PM) it seems like it is still coming down. Not sure. I might be wrong. This post has been edited by Forex4ff: Jun 10 2008, 03:05 PM
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Forex4ff
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Jun 10 2008, 03:21 PM
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New Member
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It seem like 84 MA will trade above 63 MA. Bearish trend. So, It might go lower. We will see later. I am just messing with Demo Account as below.
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Forex4ff
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Jun 10 2008, 03:59 PM
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New Member
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jebonen: May I know what is TT?
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Forex4ff
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Jun 10 2008, 04:22 PM
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New Member
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QUOTE(jebonen @ Jun 10 2008, 04:03 PM) @forex4ff teh tarik time.... IC. Thanks. Demo Account : 84 MA is above 63 MA already.
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Forex4ff
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Jun 10 2008, 04:40 PM
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New Member
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QUOTE(jebonen @ Jun 10 2008, 04:32 PM) @forex4ff 84 MA is above 63 MA already.-- that mean...?newbie 1 to learn.. MA = Moving Average See my chart, There are black line, green line and also dotted blue line Black is 84 MA, Green is 63 MA and Dotted blue is 21 MA. 21 MA moves faster than 63 MA and 63 Moves faster than 84 MA. If 21 MA is moving above 63, that's mean the recent trend is Bullish trend same with if 63 Move above 84 and vice versa. Please see the attachment to understand better. This post has been edited by Forex4ff: Jun 10 2008, 04:40 PM Attached thumbnail(s)
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Forex4ff
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Jun 11 2008, 01:44 PM
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New Member
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QUOTE(normeck @ Jun 11 2008, 12:18 AM) im not always go to FF...when i go ..i just visit Malaysia thread....but one common things...they seems to shoot each other....but less in Malaysia i think....i love to go there to see chart and opinion also.....and respect others comment and views... glad to be here.... ok..i will go to see football and sleep...see ya tomorrow... Hi there, May I know what is FF? a forum or something? My profit for demo account yesterday. I just put a limit and a stop and took a nap. it hit my stop at 209.11.
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Forex4ff
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Jun 11 2008, 02:09 PM
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New Member
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QUOTE(mphpopular @ Jun 11 2008, 01:49 PM) FF is forexfactory... It is a forum as well IC. Thanks. I found something strange. I compare my chart with normeck's one. I found out that there is something wrong. Please see the attachment. FYI, I am just using chart for Demo Account.
normeck: May I know how you pick the pivot level and also the Support level? Thanks.
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Forex4ff
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Jun 13 2008, 06:34 AM
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New Member
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QUOTE(mphpopular @ Jun 11 2008, 02:18 PM) I think i still able to answer you for this. Cause two forex company have different price quote. I currently having 1 real account on alpari. 1 demo on interbankfx. 1 demo on FXDD. I alway face problem that, the indicators wif the same setting can show up different result. So, for my opinion, is the price feed different. For the pivot level. It is one of the indicators in mt4 i think. Should be able to download it from somewhere. Nid ask from normeck for this. But with condition, you are using mt4 Thanks for your answer. May I know what is MT4?
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Forex4ff
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Jun 13 2008, 06:42 PM
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New Member
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QUOTE(mphpopular @ Jun 13 2008, 07:12 AM) I currently open up one more demo account, whereby juz to enter and exit based on this pivot rules. But it is not easy to manage as well. Since we must find the valid pivot and resistance, and make sure that the resistance or the support wouldnt break. Ya, I think GJ this whole week is making people loss money. Even myself have gone 120 pips into it. I thinking to withdraw from GJ (this kind of high volatile pair) if i still trade losses at the end of this month, find a stable pair and trade slowly. Although profit slow, at least i stable and confident. For this week, luckily i have profit from GU to cover off my loss on GJ. If not, i shalll die. MT4 is a trading platform. Juz like u using fxcm, the trading platform you use got a name as well. Differences between mt4 and fxcm is juz like between mozzila firefox and internet explorer. Mozila allow you to add in alot of add-ons. And internet explorer is come wif all equipped and kinda hard to find add-ons. If you interested for mt4 trading platform, you can go thru demo from fxdd or ibfx or alpari-idc or fxmalay. I see. Thanks for your reply. Wishing to learn more from you guys. Added on June 13, 2008, 6:48 pmQUOTE(mphpopular @ Jun 13 2008, 05:21 PM) I juz closedmy GJ long trade at my breakeven. You know what i earn for the two days? interest 0.79 cent. Haha. I not really think it wil break by now as well. Since my few indicators tell me. No way for it to braeak. If you are see ing GJ on short Tf. You can see how much our bull and bear is fighting for the resistance level. ONce it break. I shall considered long again. I too worry for this GJ. It is super hard to trade with. Scary. HI MPHPOPULAR, Your are using real micro account is it? How much do you deposit to open the account? This post has been edited by Forex4ff: Jun 13 2008, 06:48 PM
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Forex4ff
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Jun 15 2008, 02:16 PM
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New Member
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QUOTE(mphpopular @ Jun 13 2008, 07:52 PM) Mine is using mini account. but the company allow me to trade wif 0.01 unit. Mean 10cent per pips movement. Ic. Thanks Added on June 15, 2008, 2:49 pmQUOTE(mphpopular @ Jun 14 2008, 08:29 PM) I think my name is devin. ID is mphpopular ??? I also not sure. I juz added you . Got saw me? Can I add you all in skype also? my id is forex4ff This post has been edited by Forex4ff: Jun 15 2008, 02:49 PM
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Forex4ff
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Jul 5 2008, 11:58 PM
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New Member
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QUOTE(mphpopular @ Jul 5 2008, 10:53 PM) For me, tips is have ur method of trading. And you shall succeed soon if and only if you stick wif it. They don't offer indexes. Only forex. I am agree with MPHpopular. You must stick with your rules and method and be disciplined to follow them. If after you follow all the things, you still lose money, count it as losing trade. Just don't turn a losing trade into a bad trade because of lack of discipline.
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