It means that you buy/sell particular currency today, and tomorrow, or day after tomorrow, or more than that, then you take profit (tapau if you prefer ).

Im waiting for my Oanda acc to be confirmed, then i can start deposit and trading.

Edited: Just received my confirmation email from Oanda

This post has been edited by Quincy: Feb 5 2008, 08:06 AM

That probably will eat a lot of LYN server resource if everyone use the chatroom.

Theres plenty chatroom we can use, YM conference, skype, ventrilo (need a server), teamspeak( need a server), gotomeeting, etc.

But will you guys participate in the live discussion? Yes? No?

For me, I already change to daily timeframe trader(medium term trader?). Dont have the time to monitor the market every hours. So as for discussion, i dont think i can discuss anything except for higher timeframe. Or we can discuss strategy or learn something from each other. (But i wont teach my main strategy. )

Edited: well if most of you really want a discussion, just head to ForexFactory malaysia thread instead. Theres plenty of discussion there.

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Added on February 13, 2008, 2:48 pmMight as well be a stock trader then if always watch the stock but dont know what stock affect the forex market . I still blur on this fundamental thingy.

Theres other method by analyzing the COT report. Do you know how to read it?

This post has been edited by Quincy: Feb 13 2008, 02:51 PM

IF it go to 214.00 , Then my daily term analysis say it is uptrend. And if look at the PA, theres Pin bar and hammer showing reversal to uptrend as well. But we just have to wait what the market gonna tell us. It still possible that right now is ranging in daily, who knows.

This post has been edited by Quincy: Feb 13 2008, 11:43 PM

I think what normeck mean is that apply to close/open/high/low? of candlestick.

Learn swing trading then. Trade on daily timeframe like me . Only need to monitor once a day.

Normal chit chat can with me, but since Im trading daily theres practically nothing to chat everyday

But since you play stock also, can ask you about opening acc, setting, and trade the stock

What do you mean for limit?

Is it Pending Order Buy/Sell limit?

or

Take Profit?

If take profit, it does not matter about your connection, since once you put the take profit value, it already been input into the server.

But for trailing stoploss is a diffrent story, since the input is in your metatrader client, so your client have to be connected to the internet for the trailing stoploss to work.

Yeah my FA also sucks....

Add point no 4 there

NFP = Non Farm Payroll, happens on friday of first week every month.

Nope you wrong, with 250usd I trade on the daily with no problem some more already reach 20% ROI. It depends on your Money Management(how much are you willing to risk) and the broker account type. Newbies with low capital should open a broker with micro account first. Dont be to greedy la .

I think babypips is wrong la.

1 standard lot = 100,000 , 1 mini lot = 10,000 , 1 micro lot = 1000.

Less than micro lot so far I know only Oanda and Marketiva provide that acc.

For micro lot, Interbankfx.

Your capital and money management style.

Taken from forex factory (forgot what thread is it)

The capital:
1000usd = micro acc
10000usd = mini acc
100000usd = standard acc

But still it depend on how much you are willing to risk (Money Management). Im trading live on Daily timeframe with starting 250usd with no problem since using micro lot and less (Oanda). Else if using mini acc with that kind of capital sure will get margin call. Imagine with more than 300pips stoploss, 1 pip = 1 usd, i will get margin call easily if hit stoploss.

kuskus system is in forex-tsd forum, not in forexfactory

Even manual TT at bank also fast already now.

Last time do the TT a CIMB bank to my broker, Morning transfer, in evening got already in my acc.

What hold strategy? Swing trading?

Ive been holding Eur/Usd and Usd/Chf for a week now, and have no problem with it.

If want to use hold strategy, have to make sure you are with the trend and of course use proper MM

I agree on the small capital part, but if using broker with micro lot and less, shouldn't be any problem.

Im holding on EU. Expecting it to go up but there is a sign of reversal on daily (double top?). So if it goes above previous high on daily, can say still uptrend.

What is BO? BE I know break even.

nice profit you have there. Hope you will be getting profit consistently.

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Added on March 31, 2008, 5:28 pmPerghh muda lagi dah trade forex ye dik? Baru 15 tahun kan? (taken from your blog, sorry if im wrong)

This post has been edited by Quincy: Mar 31 2008, 05:28 PM

I too can get every day 5 to 15%(max that i can risk) from my capital if I daytrading. But the main problem is consistency. Tried and failed due to lazyness to monitor the market (hey i got a life you know such as playing games )