seems my GJ trade mess already...i dont know want to short or long...totally blind in fundemental....

@normeck get ready for short lor... hu hu... (tembak jer)

EU = long till friday nite
GU = goin long till friday

#hu hu tembak2 from "sengal calculation"

anyone can make a poll by surveying how many is already trading full time or can make more than their salary already?

Thanks bro, Now only i know the fxcm provide micro... OMG. It's too late..... I love the spread offer by fxcm.... They offer a logic and reasonable spread

my 2cents, believe your chart bro. Fundamentals of trading is one of the important part, but your charts does make the most important roles. If you wish to become a full time trader, therre is no way to succeed by juz trading on others idea.

We are sharing idea out so that we could notice out some point whereby we have miss out. He might saw something you don't and you might saw something I dont. SO, thru here, we can realise those unrealisable point...

Juz my advice....

it seems my short term is correct, but the firm is correct too in long term

im teaching profitable forex too..but i dont promise 100% profit..only 5%-10% per month..its all depends on ur skills..some ppl prefer trading by news..some ppl prefer trading by indicator..some dpends on luck..well let me tell u sumthing..60% chances for winning trade ,dpends on their luck...even George Soros himself..well my teaching method is sharing and trading together..

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Added on July 30, 2008, 7:21 pmwatchout for US open market at 8.15pm ADP Nonfarm Employment Change...be prepare by 7.30 pm to enter position..GU might facing bearish market..

This post has been edited by rayzs: Jul 30 2008, 07:22 PM

sorry but george soros doesnt trade with luck.....he trade with precision planning n execution

people like u want to charge people money for a system that depends so much on luck...then whats the diff with gamble, is ur system teach them flip a coin n trade?? sounds like it to me....coz coin got 2 side....so chances r 50% 50%

u still haven proof ur that profitable n u already started to scam people

This post has been edited by dr2k3: Jul 30 2008, 07:58 PM

@rayz hey u good man.

had a boom at GU here.

but duno it will continue or not

lol..relax bro..i dun charge ppl for system that dpends on luck..i charge ppl who looking for knowledge n skills..well like joker said "if u good at something, dont do it for free!"...huhu..did i scam ppl? lol..anybody here got scammed by me? well..refer to previous pls bout my teaching mothod "sharing and trading TOGETHER"..yup george soros do trade with precision planning and execution..and do u think every position he trade always in profit by using precusion planning and execution?LUCK doesnt mean gamble..LUCK doesnt mean flip a coin.. have u ever heard quote by H. Jackson Brown Jr. saying ""Luck marches with those who give their very best""..yup thats wut i mean it about LUCK..

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Added on July 30, 2008, 8:45 pmthx bro..but i think i loss my trading position..i put 40 pips stop loss and it does cross it..lol..anyway happy trading...luckily i loss 15.60 ...well thats enough for testing market..see yaa tomorrow for my signal..those who really want to follow my signal, i do really appreciate... =)

This post has been edited by rayzs: Jul 30 2008, 08:45 PM

crude oil continue to fall, and USD continue to goes up..
burnt my hand since yesterday, as din realize it earlier..

and only set TP and not setting SL..
whole demo account kaboom~~ a good lesson for me

This post has been edited by firecrac: Jul 30 2008, 08:48 PM

hm...caught about 20pips on EU shorting...enough for today... but the bouncing of EU and GU is surely strong...cant really see where the tick goes..

sigh..sometimes setting SL is sure a dilemma...to tight or to loose, that is the question..

This post has been edited by small-jeff: Jul 30 2008, 08:56 PM

This is why I play both sides, I had give up long time ago on trying to predict the market and expect myself to be right and expect the market to listen to me, which the market dont work like that.

Instead, I play both sides, when u have a coin that shows winning trade on both sides, u win eventually.

Fundamentals are important, so are technicals. But one thing u should be in mind. Fundamentals plays the major important role in the market. Technicals are base on price action. So u watch the fundamentals and then watch ur technicals then calculate the potential risk involve, what possibilities of the up and down. (do both) then only u make a trade.

For example the last EUR/USD is @ 1.60xx and a fundamental news about EUR is Rate Hike. But the EU is already @ all time high. So from the technical point of view, it is Not attractive to long @ 1.60xx even we know ECB is rate Hike which is Euro supportive but it is wrong to long @ all time high. Instead shorting would be a wiser choice after that all time high cannot be recreate again. And the possibility of retracement from all time high is about 80%. So ur Trade is a high winning % trade.

if things turn bad from worst turn around and go the other side. This is how I play my trades.

billy,

nicely said. IMO trend formation can be broken simply by a news release. like most text books say, fundamental tells the sentiment, hence the trend, while technical tells where to enter and exit, while showing the history of the sentiment.

anyway, billy, wanted to ask you something. Do you set limit entry on both long and short just for safeguard?

dont argue here la. Nothing earn one.

We all here juz sharing opinion and learning ma.

Nthg in the world is sure right

sorry for noob asking,
mind asking what indicator are mostly use ?
few common one ? atleast can study them for a beginner like me

you can try to start with RSI, Stochastic and Moving Average. babypips should tell you what are those and giving you a better understanding.

No, I long or short when I think the market turn around. Limit entry is not my style of trading. And I already said the ADP is gonna bring this euro down a few post ago.

instead of phrases from a book author or whatever author why dont u get phrases from real trader........real successful trader...i wanna see if they depends on luck

Yea this guy is good.. he called the top by I think less than 40 pips. Learnt a lot from him

small trader like us canot move the market......big player can....for a while

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Added on July 30, 2008, 9:45 pmi dun belief in news nemore.......good news can move market up also can move market down n i dont mean short term move....medium to long term

This post has been edited by dr2k3: Jul 30 2008, 09:46 PM