Just started on Monday. Currently playing demo account on FXCM and focusing on EU, GU and UJ.
Hopefully can learn from all sifu here and later able to contribute.
I'm using the Isakas indicator on the metatrader software.
Forex Trading Corner V2
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 May 9 2008, 02:36 PM
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#1
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org   
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Hi guys, newbie here
Just started on Monday. Currently playing demo account on FXCM and focusing on EU, GU and UJ. Hopefully can learn from all sifu here and later able to contribute. I'm using the Isakas indicator on the metatrader software. |
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May 12 2008, 05:10 PM
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#2
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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 Hi there, first time posting my demo account How I wish that is my real account  Since I'm noob, I'm only playing GU and limit myself to 1 buy and 1 sell per day only. I really donno how to interpret the charts so I refer from others as signal. So far I based from carigold forum. |
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May 13 2008, 04:59 PM
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#3
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2,018 posts Joined: Oct 2004 From: www.amry.org
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 Haish, both buy and sell rugi today. NVM, theres always tomorrow as long as we maintain MM. The GU very volatile today due to the CPI news. Edited. Just opened a Mini Account at FXCM. Will go live next week.  This post has been edited by corez: May 13 2008, 05:00 PM |
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May 13 2008, 05:20 PM
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#4
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2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(wodenus @ May 13 2008, 05:13 PM) Keep tracking, after a year we will know whether working full-time as a professional (Rm36K/year) or trading forex full-time makes more money For me, Forex is just like an extra income (hopefully). Since I'm only doing 1 buy and 1 sell a day, it takes no more that 10 minutes daily for me.  anyone want to put up a blog with results ? I've got my money on full-time working, but I could stand to be wrong  Thanks to the signal posted in carigold forum . |
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May 13 2008, 06:10 PM
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#5
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(wodenus @ May 13 2008, 05:50 PM) Which topic are the signals posted in ? Carigold forum, Forex Subforum, Forex Signals Subsubforum. There are many threads in that subsubforum that give signals for free.  I tested the WSS signals and so far its ok for me, can get 50-100 pips per week average. Edited, www.dailyfx.com is a good website for forex news. This post has been edited by corez: May 13 2008, 06:13 PM |
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May 13 2008, 07:33 PM
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#6
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(small-jeff @ May 13 2008, 06:31 PM) hmm...corez...IMO...if you were to trade, either technically or fundamentally, you should make your own decision...and not getting tips from forums...just my 2 cents lar... Like I said before, I'm a noob in forex. I'm learning how to read graph and how to interpret news. It is a slow process.Currently I'm just trading based on other ppl signal. |
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May 13 2008, 10:02 PM
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#7
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Senior Member
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QUOTE(small-jeff @ May 13 2008, 09:46 PM) hahaha...go go corez...good luck bro.. Thanks, I'm gonna need it. Going live next week.wah..seems like everyone is making profit now...careful on UJ now ya... edit: and also on EJ Added on May 13, 2008, 10:05 pm QUOTE(hitokiri_maniac @ May 13 2008, 08:40 PM) nvm about thatt... u should analyze about the signal that ppl gives.. so in the future u no need it more... not juz simply take the signal only without analyze it( why it go up.. why it goes down.. any fundamental effect that may cause it.. etc,etc)..if u juz simply take it.. that's not learning.. Yeah, thanks for the advice. I'm learning all this slowly from forums and ebook. This post has been edited by corez: May 13 2008, 10:05 PM |
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May 16 2008, 11:46 AM
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#8
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(ijatz @ May 15 2008, 08:14 PM) corez which broker u plan to go live? I'm thinking of using FXCM, and maybe around USD 1k.how much u going to start? My colleauge has started going live this week. He mentioned that the demo and real are completely different. Im thinking of going live by the end of the month. |
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May 16 2008, 02:31 PM
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#9
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(small-jeff @ May 16 2008, 02:09 PM) hm...looking at EJ (floating on it now..actually My colleauge said that the rate quote is different. We compare my Demo and his live and the different value is 0.5 pips. ..), seems like the 14.6% level is rather a strong one. The extreams are 21/3 low and 23/4 high. Is it trying to form a Head and Shoulder after this bearish flag, or a triangle on the way?  the 23.6% seems to be a good support as well, at 161.84.. hope it'll break through 163.03 soon... it friday Looking at UJ as well...a H/S...GU...the price movement is....ugly why everyone seems so quiet this week? edit: @corez: how different is it for the live FXCM? i would like to use FXCM when i go live as well, but there are something lacking which i dont like... |
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Jun 4 2008, 02:53 PM
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#10
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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Hi guys, today is my first day as a Live Forex Trader.
My plan is. MM 10% of Capital. Daily target 10 pips. Compounding for 18 months. Hopefully I can stick to the plan above and not divert from it. Will update on the progress weekly. Wish me luck. |
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Jun 5 2008, 08:08 AM
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#11
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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Today got important news from BOE at 11GMT. Becareful on GBP.
Maybe I trade UJ today to get my 10 pips. |
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Jun 6 2008, 02:29 PM
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#12
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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My first complete week as a Live Trader report.
1. Managed to get daily 10 pips per day 2. The hardest part is within yourself. I'm too greedy and sometimes don't stick to the plan .1 week down 77 weeks to go :sweats: |
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Jun 7 2008, 01:29 AM
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#13
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(wodenus @ Jun 6 2008, 09:14 PM) No screenshots ? the winning solutions thing works ? I use the winning solution as an indicator.Based on my trading style, I planned to get only 10 pips daily. However compounding it for 18 months and playing 10% of my capital daily will yield tremendous results if stick to the plan. Using FXCM is also good as they give some good trading signals. The current one is to go short GU at 1.97. TP 1.937 and SL is 1.986. I'm monitoring their win lose ratio for this signals as it is only my third day and Im a bit scared to follow it. Attached thumbnail(s) 
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Jun 7 2008, 01:39 AM
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#14
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Senior Member
2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(mphpopular @ Jun 7 2008, 01:35 AM) @corez This is my first week and its been good to me. Noob luck I guess.You are still achieving your target everyday? If yes, you did a good job and congrats. Now is the low volume of trading, Shall wait for next week. Hunting for move In GJ I still curious on where our lowyat82 go. and small-jeff as well. Seem like cant see them around? 77 weeks to go |
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Jun 7 2008, 07:30 AM
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#15
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2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(jack2 @ Jun 7 2008, 02:17 AM) WSS is good ah? Hmm, so far this month the record is not so good. I use the indicator in line with other indicator to target small pips. |
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Jun 8 2008, 10:25 PM
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#16
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2,018 posts Joined: Oct 2004 From: www.amry.org
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If you guys have the discipline and patient, compounding is one good way.
Even 10 pips daily, if compounding to 18 months (which is not that long in my opinion) could result in significant balance in your forex account. |
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Jun 8 2008, 10:56 PM
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#17
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2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(Devilc0de @ Jun 8 2008, 10:51 PM) Getting 1000 pips perday is not so hard but to maintain it in your account is the worst part Wah? How? Ajar le We all rich together |
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Jun 8 2008, 11:02 PM
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#18
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2,018 posts Joined: Oct 2004 From: www.amry.org
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QUOTE(Devilc0de @ Jun 8 2008, 10:59 PM) Who said forex can make u rich ??  Then why we all forexing if not to find a way for financial freedom? |
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Jun 9 2008, 10:00 PM
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#19
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Daily target reached plus bit more.
Im done for today, lets hope tomorrow will be a good one Attached thumbnail(s) 
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Jun 11 2008, 12:31 AM
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#20
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2,018 posts Joined: Oct 2004 From: www.amry.org
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My trade for today.
My only regret is that when i short on GU, I close early in the morning which result in loss. Anyway, I have traded enough quota for this week (50 pips) Unless some really good indication comes around this week, I will not trade at all. 2 weeks down, 76 to go. Attached thumbnail(s) 
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