reports for this weekend....sharing is caring
what is swing trading?>

Swing trading sits in the middle of the continuum between day trading and trend following. Swing traders hold a particular stock for a period of time, generally between a few days and two or three weeks, and trade the stock on the basis of its intra-week or intra-month oscillations between optimism and pessimism.

poltekfx is from Belize. seem like a small company. i wonder they have physical office location or not. But the micro lots seem attractive. And they ask people to use Skype to contact them?

many people says FxOpen is a scam company...when it goes for big amount,..spikes...and poltek i think one its partnership???( dunno la..please check it out..)....

but I'm in Fxopen....after open Live account there, then someone here give info about this company scam...but when i go into their forum, got people say they still can withdraw money..maybe in small amount..hmmm...

then its up to you to choose....

ooo..like that aaa....thats mean im a swing trader!!...hahahah!!....

Yes my friend,you hit the nail head.  and I also agree with you that tight/small SL is bad and really bad.

Last time when I first trading many months ago, whenever i use stoploss, the market seems like to keep hitting my Stoploss then turn around leave you with losses without profit where you suppose to be profit if ur stop loss didnt get hit.   

Those with small/tight stoploss, you better be careful on the market whipsaws. If you got small capitals, you can trade micro lots, it is the same.

And of cause, a tip here to set your stoploss @ strange numbers if you really want to use stop loss (for example in EU 1.4943, 1.4376, 1.4578.) Try to avoid round numbers or numbers 5, quarter of 100 points ( for ex in EU 1.48[b]00, 1.4570, 1.4665, 1.4775, 1.4625) Check your Fx chart of top/bottoms on each pairs, u often see the market didnt hit those round or numbers 5 and turn around.

for EU, if you watch carefully, they often hit 1.xx04, 1.xx09, 1.xx11, 1.xx19.....22, 28, 33, 67, 74, 88, 98 there are hardly any round or fix numbers. This is just my observations.
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anyone got profit tonight???

nothing much today...
lowyat...open Live la....

now if u guys remember I said yest that Eur/usd likes to hit certain numbers.

Yest right after the drop euro go back up 4698 then come back down <---the numbers I said in previous post, the it go down and hit the bottom 4622 and bounce back. (Using FXCM broker, Sell price)

If you guys watch a pair, look for the behind numbers, see where it bounce and where to turn down. The more often it turn around or bounce at that number the more likely it will do the same next time. This is just my observation. I could be wrong, but I hope this help some of you guys.

GJ had been dropping since morning, and I'm lovin it

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  

It is the fundamentals the move the market, this is why I was always right in GU. There is no rocket science here.

As for Yen, Yen is always being use as carry trades, people borrow money from Yen to buy stocks because of low interest rates, when the stocks plummet, traders panic and sell stocks and demand for Yen to cover their LOAN. So it is Very obvious that the correlation between Yen and stock market is VERY TIGHT.

And there is the 4611 bounce I am looking for.  Miss by 2 pips which is 4613 Still holding a couples of euro longs, planing to TP @ 1.4800

GJ is killing me right now....will it go up to 213??...please dont...enough is enough!!!

how you know it show strength?

What can you expect? The Taiko --> Dow Jones is up over 178points, then the Nikkie following it now is +up 338 points as I type now, fueling more upside strength. Not to mention we still have HangSeng coming in later on. But Asian stock only move Yen pairs a little compare to Dow Jones.

How many times I told you guys, forget about all the tech indicators,it is useless. Your best indicators is Dow Jones.

Please have one Live Stock index chart when u are trading Yen pairs.

come down more babeh..! i hope DJ will negative too..(i think so cause the news say so is'nt?)...

thankz for teach me looking at Stock Market.....lets buy BMW together..kekek!

i'm familiar with the stock market but not forex....

im interested in learning forex, mind to recommend any gd books? thx !

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 

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.

Euro 485x top, I closed one of the 2 remaining EU longs banking another >300++pips + euro roll interest for holding since CNY.

Left one long open which was Longed from 4469. Time to look for a short.

Regarding GU, it should be coming back down.