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 Forex Trading Corner V2

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hitokiri_maniac
post Feb 7 2008, 11:19 PM

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QUOTE(normeck @ Feb 7 2008, 01:39 AM)
today only got $8....floating -$21...zzzz.....G/J sucks!....buy at 210.06..zzzz....@@....i thought it will swing back uptrend..but go down trend...
"tapau" also cukup cukup makan....haizzzz...

anyway...Gong Xi Fa Chai....to all chinese members and Happy Holiday to all...may this year will bring prosperous in our trading...huhuhuh!!
*
i dunno u use wut for pair gj.. but im using elliot wave for gj.. and surprisingly... i already profit 100 pips from gj today.. and still on 45 pips right now in gj pair..my tp 50 pips only for gj..

already close juz now.. so i already profit 150 pips juz from gj today.. thumbup.gif thumbup.gif

im using timeframe 1 hour for elliot wave..
whistling.gif whistling.gif

This post has been edited by hitokiri_maniac: Feb 7 2008, 11:26 PM
hitokiri_maniac
post Feb 8 2008, 12:17 AM

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if u ask me.. nope.. it will go down after this..ehhee.. juz my prediction laa..but dun worry laa.. it go up againn..ehehe thumbup.gif

i dunno wut ur guys opinion...

that my opinion laaa..judging from my elliot wave tf1 hour..

This post has been edited by hitokiri_maniac: Feb 8 2008, 01:54 AM
hitokiri_maniac
post Feb 8 2008, 03:49 PM

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QUOTE(billytong @ Feb 8 2008, 10:28 AM)
Dont be so happy first, you have to hope the stock market go up strong enough to let GJ 210. But in my opinion after what the Trichet said, I think the europe stock will not be so happy today.

Base on what the news report that will come out today, I think today we will see more euro sell off, it is a good plan to take another long @ bottom soon.
*
trichet does said that got possiblity ECB will cut interest rate.... wink.gif so ppl will sell more euro... whistling.gif whistling.gif



hitokiri_maniac
post Feb 11 2008, 05:22 PM

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not juz yen go downnn.. even rite now.. FTSE 100, DAX ,CAC 40 also down...hehehe..

till now.. already profit 150+ pips( which are 70 pips from gj itself.. lol).. not yet rugi... still short ej pair ..hope profit later on.. hehehe..

already profit from ej juz now...eheheh thumbup.gif thumbup.gif

This post has been edited by hitokiri_maniac: Feb 11 2008, 06:12 PM
hitokiri_maniac
post Feb 14 2008, 02:46 PM

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how about oanda ???u check their spread.. thier spreads are among the lowest.. gj is 4 pips spread rite???..although oanda not offer fixed spread..
hitokiri_maniac
post Feb 15 2008, 12:23 PM

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ya ya.. like last night... dow jones got down really hard.. hence uj down giler...hehehee

plus bernanke last night.. there will high possibility bernanke of fed reserve will cut rates... i expect usd price go down more...


sometimes u win.. sometimes u lose...

This post has been edited by hitokiri_maniac: Feb 15 2008, 12:24 PM
hitokiri_maniac
post Feb 22 2008, 11:48 AM

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QUOTE(billytong @ Feb 22 2008, 08:12 AM)
I just bank in over >500pips from this euro bull earning thousands. I still have about >600pips floating waiting to pickup soon. I hope everyone here is enjoying the bull  biggrin.gif

Right now I will be looking for Short EU around 49xx, I will be going in slowly & conservatively since there is a Fed rate cut coming in March. I dont want to get myself stuck if the euro really break 1.50.
*
if u profit > 500 profit from eu bull.. mean u on the trade around end of december 2007 around 20 something of december rite???? becoz that time the price around 1.43xx... shocking.gif shocking.gif
hitokiri_maniac
post Feb 22 2008, 12:15 PM

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oohh.. i thought u were swing that so longggg...
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
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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
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..
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
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
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the no 4 for if u wiretransfer money to malaysia residence( malaysian ppl ) in oversea maaa... wink.gif

hitokiri_maniac
post Mar 28 2008, 10:04 PM

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QUOTE(low yat 82 @ Mar 28 2008, 09:58 PM)
huhuh... its my own acc ma tongue.gif so i thought send to malaysian tongue.gif
*
supposely u wiretransfer to ODL.. then after they receive.. they put in ur account.. u not direct transfer money from urself to ur account in ODL..instead u transfer money to them.. wink.gif

This post has been edited by hitokiri_maniac: Mar 28 2008, 10:10 PM
hitokiri_maniac
post Mar 29 2008, 12:03 AM

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QUOTE(low yat 82 @ Mar 28 2008, 11:04 PM)
huhuh.. jus earn my 1st 2 trades... tongue.gif  usd 5.02  damn... really quite emotion... takin profit too fast.. doh.gif  sweat.gif

1 is from GU, a bad trade.. didnt notice sign of weakest at 1st... but lucky enough to close trade wit usd 1 profit tongue.gif

another is from GJ, shud control my emotion... TP is around 198.17, but close too eartly doh.gif
*
usd 5??.. how much pips is that?? 5 pips only aar?? hmm.gif hmm.gif
hitokiri_maniac
post Mar 31 2008, 05:28 PM

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QUOTE(low yat 82 @ Mar 31 2008, 04:07 PM)
nice swing u got there... huhuhu  thumbup.gif

mayb will join u after it BO.. hmm.gif
well, jus close 2 trade... profit usd100+ .time to wait for nice pattern..
*
everyday usd 100 =.. by the end of month(20 days of coz) u got 2k usd...RM6k..woot.. thumbup.gif thumbup.gif ...even u work hard for 5 year u hardly get salary as much as that.. whistling.gif whistling.gif
hitokiri_maniac
post Mar 31 2008, 06:29 PM

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QUOTE(small-jeff @ Mar 31 2008, 06:24 PM)
1 month US$2k, 10 month saving get US$20k, then start a std acc. Wahla..earn US$20k per month...  rclxm9.gif a local MD also wont get that pay..
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are u kidding me.. even local MD also dun even close usd 10k.. .. huhuhuh... whistling.gif whistling.gif .. usd 20k permonth = RM60k+ per month... lol whistling.gif

This post has been edited by hitokiri_maniac: Mar 31 2008, 06:30 PM
hitokiri_maniac
post Apr 1 2008, 09:59 PM

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QUOTE(low yat 82 @ Apr 1 2008, 07:23 PM)
close all position d...  nett profit bcomes +ve again... uhuhuh usd238+ biggrin.gif
*
nice lowyattt... thumbup.gif thumbup.gif ..

btw which pair do u trade??? GU and GJ?
hitokiri_maniac
post Apr 1 2008, 10:35 PM

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QUOTE(low yat 82 @ Apr 1 2008, 10:10 PM)
EU... take 3 short positions...  i was lucky to spot it vry early stage.. smile.gif

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..  thumbup.gif


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

anyway, now shortin AU... ... bump n run formation.. d risk shud b low though..
*
ic.. nice lowyat... maintain that profit and for sure.. by the end of the monthh.. sure u got high income thumbup.gif thumbup.gif

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

This post has been edited by hitokiri_maniac: Apr 1 2008, 10:38 PM
hitokiri_maniac
post Apr 1 2008, 10:40 PM

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



This post has been edited by hitokiri_maniac: Apr 1 2008, 10:41 PM
hitokiri_maniac
post Apr 2 2008, 10:11 PM

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QUOTE(small-jeff @ Apr 2 2008, 09:55 PM)
hahaha...can one...just maintain what you're doing, and read the headlines of business news... smile.gif

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

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

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