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

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normeck
post Jul 21 2008, 10:22 PM

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u can turn your short term to mid term..like what i did now...huhuhu!!....but have to be patient and control your emo for sure...huhuhuh!! and u must know the trend also la....
mphpopular
post Jul 21 2008, 10:25 PM

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Ya, i thinking on it as well. Seems like 4H TF works better for the short term approach. I have been testing it again and again, found out 5m works the worse, 15m still OK. 30m still in testing. 4H confirm is OK, wif the condition, you must know when to cut loss. Daily nvr try, cause too long to wait.

Still hunting around. Haha
normeck
post Jul 21 2008, 10:31 PM

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QUOTE(mphpopular @ Jul 21 2008, 10:25 PM)
Ya, i thinking on it as well. Seems like 4H TF works better for the short term approach. I have been testing it again and again, found out 5m works the worse, 15m still OK. 30m still in testing. 4H confirm is OK, wif the condition, you must know when to cut loss. Daily nvr try, cause too long to wait.

Still hunting around. Haha
*
erk...i thought u know that 5m to 30m always give false signal....the best for Intraday i thought was 1H and 4H is the best...
BUT if u are a scalper...5 minute was good...but you have to play with tight SL....

30m- 50 pip
1H - 50 - 100 pip
4h - 100 - 200 pip

please choose what suit u... icon_rolleyes.gif
mphpopular
post Jul 21 2008, 10:35 PM

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Erm, I also know 5m many false signal. I have been facing trouble whereby i cant set a proper SL and follows it. I love 15m and 5m bcoz i can trade oftenly. But the same happens : die oftenly as well.

Currently trying to build up my patient by only looking on 15m TF. I skip out the 5m. If 15m still cannot, i shall jump to 30m and keep on jumping until 4H...

4H is too less signal for me. 1H still quite acceptable for me, whereby i trying GJ 1H on demo now. Real account still using 15m.

Edit:
Currently hunting for a good entry for GU and EJ. Still hunting a good entry. Still havent get it yet.

Edit:
This is the smallest pips gain i get from my Long Term strategy. 2 pips. OMG. 2pips? I risking 70pips to get 2 pips. Really unbelievable. But at least still got 2 pips. Still happy abit. icon_rolleyes.gif

QUOTE(Zack Styler @ Jul 21 2008, 08:14 PM)
Hmm any specific good books on Forex to recommend?
*
I not sure on this. I jzu go to Borders and read thru every book that i found out interested.

This post has been edited by mphpopular: Jul 22 2008, 12:49 AM
wodenus
post Jul 21 2008, 11:46 PM

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QUOTE(normeck @ Jul 21 2008, 10:31 PM)
erk...i thought u know that 5m to 30m always give false signal....the best for Intraday i thought was 1H and 4H is the best...
BUT if u are a scalper...5 minute was good...but you have to play with tight SL....

30m- 50 pip
1H - 50 - 100 pip
4h - 100 - 200 pip

please choose what suit u... icon_rolleyes.gif
*
You can do breakout as well.. 5-30 is good for channel breakouts. Sometimes you barely finish putting your stops in before the market jumps smile.gif



This post has been edited by wodenus: Jul 21 2008, 11:52 PM


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Zack Styler
post Jul 22 2008, 08:55 AM

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QUOTE(maiself @ Jul 21 2008, 07:59 PM)
obviously, u shld go n read/learn about forex trading 1st. just a lil' answer - SL = Stop Loss TP = Target Price/Point  rclxub.gif
edit:

opss.. mphpopular beat me on replying the post hehe
*
Sure will read more guys..Thanks..

laugh.gif laugh.gif
truzoids
post Jul 22 2008, 09:54 AM

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can some1 tell me which credit card i should have to play forex? i heard credit card from maybank cannot withdraw money from forex. Which bank u can suggest me to apply credit card.

Also i heard there is different in credit card and debit card....what the different?

mphpopular
post Jul 22 2008, 10:22 AM

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Firstly,plz refer the Credit card problem to credit card thread, so as debit card.
As I can see, most of the credit card does no problem in withdraw-ing and deposit-ing.

If not, you can choose to transfer money thru TT. Does not really heard before that any credit card cannot withdraw and deposit.

ONly debit card will face problem in deposit and withdraw due to recognition.
If you able to deposit, then it wont facing much problem in withdraw-ing.

Even you face the problem in withdraw, you can always request them by e-mail-ing them to withdraw to another account.
normeck
post Jul 22 2008, 11:41 AM

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i just short at 213.15 yesterday...seems green pip now..




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mphpopular
post Jul 22 2008, 12:37 PM

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For me GJ is still inside the range. I cant see any clear cloud yet. GJ keep on back to this range for what, i also not sure. Haha, luckily i stopped out trading GJ. safe for me.
normeck
post Jul 22 2008, 02:54 PM

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i will buy after break 213.80




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billytong
post Jul 22 2008, 04:43 PM

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Banked 200pips on short and long. For EU, I will and having high probability to reshort here 593x-595x or 1.60xx.

no one @ europe region is Good except German, and German economy alone does not mean whole economy of europe.

and there is simply zero reason to long euro above 5850.
howszat
post Jul 22 2008, 05:20 PM

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Seems to be quite a few platforms where trailing stop-loss don't work unless the client is connected.

Which ones DO work without the client connected?
wodenus
post Jul 22 2008, 08:23 PM

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QUOTE(billytong @ Jul 22 2008, 04:43 PM)
Banked 200pips on short and long. For EU, I will and having high probability to reshort here 593x-595x or 1.60xx.

no one @ europe region is Good except German, and German economy alone does not mean whole economy of europe.

and there is simply zero reason to long euro above 5850.
*
Well he's done it again.. wish I saw that earlier smile.gif

This post has been edited by wodenus: Jul 22 2008, 11:03 PM
normeck
post Jul 22 2008, 10:14 PM

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lolz...what GJ doing?....minum teh aaa?
mphpopular
post Jul 22 2008, 10:38 PM

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Haha.i only manage to get 2 pips from GJ. SO scary GJ. already too long not trading on GJ. Now currently in GU wif +60pips. But the most scary case is, i yesterday lose GU 80pips. GOne into wrong ways and hit my SL.
low yat 82
post Jul 22 2008, 10:59 PM

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gbpchf usually follow which pairs??


Added on July 22, 2008, 11:00 pmwhere is small jeff? no sound 1.... havin losses? hmm.... jus hang on there... dun gamble... dats my advice..

belief in d end u can cover all ur losses...

This post has been edited by low yat 82: Jul 22 2008, 11:00 PM
low yat 82
post Jul 22 2008, 11:15 PM

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m goin long ongbpchf... quite volatile pairs.. jump up n down so fast...huhuhu

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normeck
post Jul 22 2008, 11:17 PM

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QUOTE(billytong @ Jul 22 2008, 04:43 PM)
Banked 200pips on short and long. For EU, I will and having high probability to reshort here 593x-595x or 1.60xx.

no one @ europe region is Good except German, and German economy alone does not mean whole economy of europe.

and there is simply zero reason to long euro above 5850.
*
u get 200 pip in one day or several day?
low yat 82
post Jul 22 2008, 11:19 PM

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QUOTE(normeck @ Jul 22 2008, 11:17 PM)
u get 200 pip in one day or several day?
*
i belief he open multiple positions..

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