Added on August 28, 2008, 4:12 pm
QUOTE(kelvin_tan @ Aug 28 2008, 04:11 PM)
which pairThis post has been edited by dr2k3: Aug 28 2008, 04:12 PM
Forex Trading Corver V3, How's Your Pips Lately? ^_^
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Aug 28 2008, 04:12 PM
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#221
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3,569 posts Joined: Sep 2006 From: Bermuda Triangle |
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Aug 28 2008, 04:15 PM
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#222
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3,569 posts Joined: Sep 2006 From: Bermuda Triangle |
average 7-8 best is 6
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Aug 28 2008, 04:18 PM
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#223
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most mt4 broker is 7-8 average....
ya i notice oanda is 4 other than oanda....ECN type broker have less spread on GJ.....but their platform usually have no chart This post has been edited by dr2k3: Aug 28 2008, 04:19 PM |
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Aug 28 2008, 04:37 PM
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#224
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maybe adam can explain...im not good with word.....
Added on August 28, 2008, 4:41 pmmt4 = market maker market maker = client ---> market maker(middleman) ---->bank--->market maker---client ECN/STP = client ----> bank ---->client This post has been edited by dr2k3: Aug 28 2008, 04:41 PM |
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Aug 28 2008, 07:04 PM
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#225
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QUOTE(kelvin_tan @ Aug 28 2008, 04:56 PM) @dr2k3 oanda is not an ECN broker...its a market maker toothanks .. i understand it now =) @mphpopular thanks to u also =) however it is not entirely true regarding the ecn requires big amount of money.. my friend opened a live account with oanda with just USD200..u can even open with just USD10.. oanda practises flexibility so i dont think thats a mini account as we are free to decide the total amount of units to buy / sell.. the lowest ECN broker is $400 USD to open.....MBTrading ECN broker dont have fixd spread....everyhour or min the spread is diff.....let say Euro/USD....can have 0-3 spread or GJ can have 3-6...depends on liquidity..... if fixed spread most of the time usually is market marker.....they only change the spread when during news time....(increase spread)some market maker dont change spread even news time Added on August 28, 2008, 7:10 pm QUOTE(AdamG1981 @ Aug 28 2008, 05:31 PM) Ok guys, holiday time tomorrow. So far this week net profit: +75 usd u lost most of ur profit?Lost alot in my AU; GU the other day Happy trading, see you guys after 8:30 pm This post has been edited by dr2k3: Aug 28 2008, 07:10 PM |
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Aug 28 2008, 07:36 PM
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#226
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mphpopular....i think u should set ur sl to breakeven whenever u have +ve float so that it doesnt suddenly reverse into a big -ve
Added on August 28, 2008, 7:37 pmholding a -ve float too long is a bad habit .... This post has been edited by dr2k3: Aug 28 2008, 07:37 PM |
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Aug 28 2008, 09:57 PM
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#227
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3,569 posts Joined: Sep 2006 From: Bermuda Triangle |
EU IS GOING DOWN!
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Aug 28 2008, 10:20 PM
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#228
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QUOTE(AdamG1981 @ Aug 28 2008, 10:03 PM) maybe it will come down after i shout if the price stay above 4773 there is chances that it will go up ( after 1 or 2 h) if the price stay below 4773 chances r it will go south ( after 1 or 2 h) Added on August 28, 2008, 10:25 pmplus....stoch 1h and 4h is turning at the top...so high chances it will go down ^^ This post has been edited by dr2k3: Aug 28 2008, 10:25 PM |
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Aug 29 2008, 12:47 AM
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#229
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QUOTE(AdamG1981 @ Aug 28 2008, 11:50 PM) Unfortunately, IEA gave a bearish comment for oil and dollar strenghtened. 4 hr stoch is pointing down. I am shorting EU tonight lol...just now u damn sure its going up n break 1.48 LOL! no more long EU, screw the ECB! Added on August 29, 2008, 12:02 am Yes, if it wasn't for IEA comments, we would have seen bigger profits. Now the dollar strengthened upon hearing the news |
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Aug 29 2008, 12:49 AM
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#230
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what IEA
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Aug 29 2008, 12:54 AM
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#231
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i dont see no IEA on FF forum
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Aug 29 2008, 12:57 AM
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#232
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lol......i think that there is possible that the news is leaked before release...coz i have no idea how to analyst news....but i know the chart is telling me the oil is going down
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Aug 29 2008, 01:05 AM
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#233
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the way GBP drop is very scary....better stay away from GBP pair.....
when market drop very fast....it also can bounce back very fast |
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Aug 29 2008, 01:10 AM
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#234
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QUOTE(AdamG1981 @ Aug 29 2008, 01:00 AM) That's right Dr2. I sense that too. When i look back at the 15 minute EU chart, i saw a shooting star @ 1.48. Too bad i was just happily eating downstairs. I Thought it was a retracement before testing new high. Oops i guess not. u n i have a same habit...open a trade and go away Added on August 29, 2008, 1:03 amGuys, what do you see on EU chart at the moment? Going further down or going to rebound a bit my bad is that i cannot get a good entry timing......my entry always bad.... well....EU is a very liquid pair.....it will move from 30-40 or 50-60 or 80-100 before retrace 30-40 = small range 50-60 medium 80-100 big range |
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Aug 29 2008, 01:13 AM
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#235
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3,569 posts Joined: Sep 2006 From: Bermuda Triangle |
well..because GBP pair drop like stone....it never retrace....so u cannot sell at retrace.......shorting at bottom is a very risky thing to do
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Aug 29 2008, 01:16 AM
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#236
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going to bed.....night ya all
good luck with ur trading...especially adam |
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Aug 29 2008, 08:59 AM
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#237
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i find that asian session is very idiotic......NY n london session push the EU and UJ down.....asian do opposite......zzzzzz
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Aug 29 2008, 09:42 AM
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#238
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EU in up move now...for how long i dont know
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Aug 29 2008, 09:48 AM
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#239
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well....u could have set a stop loss on 1 profit or trailing stop to let the profit run
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Aug 29 2008, 09:49 AM
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#240
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what kind of meter is that
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