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 Forex Trading Corver V3, How's Your Pips Lately? ^_^

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dr2k3
post Aug 13 2008, 10:06 AM

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they dont retrace at all...cannot see where is the support n resistance - -

gbp drop like hell then stop for few hour

then yen rise like hell n never stop

This post has been edited by dr2k3: Aug 13 2008, 10:07 AM
dr2k3
post Aug 13 2008, 10:37 AM

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u sure r daring to stock -800 pips

if u unlucky their forcast is wrong then u would have suffer alot of loss ~_~


Added on August 13, 2008, 10:45 amu r trading micro or mini lot?

This post has been edited by dr2k3: Aug 13 2008, 10:45 AM
dr2k3
post Aug 13 2008, 11:07 AM

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QUOTE(normeck @ Aug 13 2008, 11:06 AM)
micro...
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no wonder....$80 only.....

dr2k3
post Aug 13 2008, 11:10 AM

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what about GBP....what big event cause the pound to break below 12month low
dr2k3
post Aug 13 2008, 11:14 AM

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i don think the US long is bailing out.......yet...


Added on August 13, 2008, 11:15 am
QUOTE(AdamG1981 @ Aug 13 2008, 11:13 AM)
First, we have to the see UK economy slowing further. There's no big news that might cause the GBP to fall drastically. However, if US housing can show any signs of recovery, then we might see the dollar gain against the GBP. I think most likely the French and German GDP numbers might somewhat affect the poor business sentiment in UK.
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GU = super bear mode

GJ = just turn into super bear mode this week

This post has been edited by dr2k3: Aug 13 2008, 11:15 AM
dr2k3
post Aug 13 2008, 01:24 PM

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other non mt4 broker also have the technical indicator in mt4

mt4 is only good for auto trading

broker that offer low spread is not very good in my opinion especially broker that is mt4 and are not ECN

This post has been edited by dr2k3: Aug 13 2008, 01:25 PM
dr2k3
post Aug 13 2008, 03:47 PM

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QUOTE(GodLuvSxS @ Aug 13 2008, 02:32 PM)
1 pip is necessary for my 5 mins scalping method. Already got one 4 hours method working, getting bored thus planning to open a 5mins scalping mini account for the thrill, see how far it can goes biggrin.gif
How about Oanda? Just browsed through their website, seem quite decent, love their 0.9 spread for EUR/USD tongue.gif
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oanda is a quite ok broker

but they r using web based platform....not stand alone desktop application


Added on August 13, 2008, 3:50 pm
QUOTE(cyaoping @ Aug 13 2008, 02:35 PM)
i have the weekly pivot point.

Hmm, Lately i try to day trade. Dont know why, i try candlestick,indicator...

All -ve,only 1/12 +ve.

When i do buy it drop,i do sell  it rise.

Seem i totally cant analys
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reverse all ur analyst tongue.gif

buy when price is at bottom....and u notice lower low is higher

sell when price go up and price higher high is lower


Added on August 13, 2008, 3:53 pm
QUOTE(low yat 82 @ Aug 13 2008, 02:23 PM)
@mphpopular or any1 who hav weekly pivot, can pm me a? i didnt hav in my office leh.. tongue.gif thanks...
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metatrader is consider portable application ler...just put it in ur thumb drive and load it from there...no installation needed....no one will know tongue.gif......just maybe super pro computer user can check on registry tongue.gif

This post has been edited by dr2k3: Aug 13 2008, 03:53 PM
dr2k3
post Aug 13 2008, 06:57 PM

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GBP is like a mad dog......swing up n down like crazy
dr2k3
post Aug 13 2008, 10:51 PM

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george soros attack GBP again? tongue.gif

no stopping the pound from dropping at all - -" its like a hot knife cut through butter

ignore every indicator....support n resistance.....go down like there is no tomorrow

This post has been edited by dr2k3: Aug 13 2008, 10:53 PM
dr2k3
post Aug 16 2008, 12:05 PM

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QUOTE(cstkl1 @ Aug 16 2008, 11:47 AM)
mainly trade on futures.. dude..
but once in a while forex mainly the USD/EURO USD/JPY pairs..

up to u guys..
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just curious do we have future in msia or ur from other country?
dr2k3
post Aug 16 2008, 12:13 PM

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QUOTE(wodenus @ Aug 16 2008, 12:07 PM)
Of course we have futures. Otherwise how would producers hedge their prices smile.gif Most banks are licensed to carry out futures trading. Also there are licensed futures trading companies.
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could you give me some info on the futures in msia....i only know futures in US tongue.gif
dr2k3
post Aug 16 2008, 12:35 PM

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no clue......i trade my way


Added on August 16, 2008, 12:37 pmdont try to add too many things to ur trading strategy....just find one simply strategy then improve it


Added on August 16, 2008, 12:41 pm
QUOTE(cstkl1 @ Aug 16 2008, 11:47 AM)
mainly trade on futures.. dude..
but once in a while forex mainly the USD/EURO USD/JPY pairs..

up to u guys..
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future and forex is 2 diff thing

forex has greater volume than future......

until u can proof to us that ur future trading style is profitable in forex dun assume it will work in forex

its easier to say then to be done

This post has been edited by dr2k3: Aug 16 2008, 12:41 PM
dr2k3
post Aug 18 2008, 09:40 AM

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market never listen to anyone........forex market has over 2 trillion turnover daily year 2004....now is 2008 nearly 2009.....how many trillion turnover daily do you think?....

unless he or she has more than that then there is possible that they can affect the market

market = master

trader = slave

slave obey master =rich tongue.gif tongue.gif tongue.gif

This post has been edited by dr2k3: Aug 18 2008, 09:42 AM
dr2k3
post Aug 18 2008, 10:04 AM

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QUOTE(AdamG1981 @ Aug 18 2008, 09:44 AM)
LOL! We all know that Trichet doesn't know what he is doing at this point. He's suffocating two biggest EURO economies and i am not surprised if he has to eat his own words.

Whatca gonna do now ECB??  laugh.gif


Added on August 18, 2008, 9:45 amPS: strong resistance at 1.4739 EU.


Added on August 18, 2008, 9:47 am

LOL, that's why government is scared to do an intervention.
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big % of their intervention is phychology intervention
dr2k3
post Aug 18 2008, 01:15 PM

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QUOTE(AdamG1981 @ Aug 18 2008, 11:47 AM)
That's if they still have credibity.
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credibility o not...unless u dont trade that particular currency u will still affected by it
dr2k3
post Aug 18 2008, 01:48 PM

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Artistic Trader
Click here for a brief overview of all trader types

Being an Artistic Trader suggests that you enjoy what's going on around you and being in the "now." You like to have your own space and work within your own time frame. In this sense you enjoy the independence of trading, although not the fixed hours of the markets. One of your strengths is your ability to be open-minded, adaptable and flexible, so if you can figure out how to apply that to trading, it will improve your chances of success.

You are into the world of sensation, noticing how things look, feel, taste and sound. At the same time, you probably don't like the world of ideas, concepts and abstract reasoning. As a result, you may have lots of difficulties dealing with the idea of markets where everything tends to be abstract.

You are strongly committed to your own values and to the people that you consider important. You'll tend to work toward realizing your own value oriented goals and you'll rebel against anything that is in conflict with those goals. However, at the same time, you dislike disagreements and conflicts and you tend to keep things to yourself.

You'll probably struggle with many of the things that are necessary for trading success. You are a doer who doesn't like abstract thinking that much. Instead, you tend to just jump into things. Be very careful about being too compulsive when it comes to the markets. This could easily be your undoing.

Trading Strengths

1. You have an ability to be open minded, adaptable and flexible within your trading.
2. If you can find a long term trend, or pattern and see what's going on, you can leverage this and find other ways to make it better.
3. You can be very effective in detecting the patterns and early signs of market changes.

Trading Challenges

1. Finding and fixing mistakes are not preferred behaviors. After a string of bad choices your emotions can carry forward into your next trades.
2. Because you need tangible and concrete evidence, the markets may not be able to give you the answers you want.
3. You have a need for excitement.


Added on August 18, 2008, 1:49 pmquite accurate hahaha

This post has been edited by dr2k3: Aug 18 2008, 01:49 PM
dr2k3
post Aug 19 2008, 01:18 PM

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QUOTE(billytong @ Aug 19 2008, 10:52 AM)
I am sticking with my plan... Short EU on the rise. the ZEW gonna kill EU.
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billy how much have u loss before u start profiting ?

i mean overall trading
dr2k3
post Aug 19 2008, 02:40 PM

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QUOTE(billytong @ Aug 19 2008, 01:43 PM)
About RM9K,  i was profit about 15K(this profit is not consider profit I guess is pure luck) then I went mad go over leverage long EU madly @ 1.35 thinking to get another 15K then bang EU go down 1.32 and I close for a loss there RM9K.....then it go up without me.  doh.gif  I think that is the biggest loss I have.

B4 that i am playing very small keep on taking loss consistently like RM10-RM200.

Right now I gonna TP b4 the housing data. Lets see the housing gonna kill some USD gain and let me reshort again.  smile.gif


Added on August 19, 2008, 1:45 pmI guess the only risk of shorting EU now is having a big big bad housing data and one of the major USA bank collapse. Like end of the world in USA to send euro back up above 1.5  smile.gif
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holy cow o_O

so only 9k...after that u profit ? profit as in +ve in monthly balance



This post has been edited by dr2k3: Aug 19 2008, 02:41 PM
dr2k3
post Aug 19 2008, 05:29 PM

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the news doesnt have enough power to bring the eu up

more like a spike up move to trap long player
dr2k3
post Aug 20 2008, 10:21 AM

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if EU close breach 4782


Added on August 20, 2008, 10:23 ami think wont reach 1.49....below 1.49 above 1.48

This post has been edited by dr2k3: Aug 20 2008, 10:23 AM

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