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

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mphpopular
post Jul 18 2008, 12:46 AM

bar chartist
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QUOTE(normeck @ Jul 17 2008, 08:57 PM)
2 or 3 trades enough for me....
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But, the script unable to function well as i keep on testing.

Example:
I set take 3 trades,
Sometimes, it only able to take 1, but sometime 3, sometime 2. Quite confusing. I rather to delete this script. Cause it will cause alot problem to user. As i recommend, juz modify the script that i posted earlier, adjust the SL TP and lot size in the metaquotes, then juz save it.

Every time you wan to put a multi-trade, juz keep on drag the script into the chart. (USE THE scalp option one). It might be a bit differ in price entry. But at least it wont buggy as i saw. And still no one report any buggy to me about the script. Wish there is some one using it.


QUOTE(hitokiri_maniac @ Jul 18 2008, 12:21 AM)
y must pm u???.. y dun juz explain it at here...???? doh.gif  doh.gif
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biggrin.gif


Added on July 18, 2008, 2:13 amThis is what we called as GJ.
Yesterday 24 hours, drop 400pips.
Today 24 hours, go up 550 pips.

While GU juz sitting there and ranging whole day.

GJ has resume his volatility since few weeks of quiet. Quite nice to have GJ back into this mode.

This post has been edited by mphpopular: Jul 18 2008, 02:13 AM
mphpopular
post Jul 19 2008, 02:25 PM

bar chartist
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There are some broker which offer the paypal funding method as well. But I'm not sure which one.

If you wish to start wif small equity like USD 20, we can funding thru maybank2u as well for some broker.
mphpopular
post Jul 19 2008, 03:04 PM

bar chartist
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Mostly is like this one. You use local bank to deposit. Then mostly they will ask you to use back same method to withdraw as well.

Ya, you need utilities bill for sure. Is to ensure your information is correct and so on. Credit card is NOT a must in broker.
mphpopular
post Jul 19 2008, 04:17 PM

bar chartist
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Mine. For both acc.

I see someone got big floating oh tongue.gif


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mphpopular
post Jul 20 2008, 08:31 PM

bar chartist
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GU


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mphpopular
post Jul 20 2008, 09:00 PM

bar chartist
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QUOTE(jack2 @ Jul 20 2008, 11:54 AM)
GJ is good to short next week
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Posible to show us some chart??? hmm.gif

QUOTE(wodenus @ Jul 20 2008, 05:06 PM)

Added on July 20, 2008, 6:48 pm

Where do you put your stop loss ? I don't understand how you do it, you're making money, but you seem to go against every rule. You risk 4000 to make 200, instead of the other way around. Normally the S/L is tight and the P/T is loose right ? Unless your stop loss is very wide, and you take profit almost immediately after you make money, your max profit can't be 200 and your drawdown 4900, can it? I don't understand how you do it smile.gif you let your losses run and run, and somehow they all turn into profits ? that's got to be odd. Yo've got to tell us how you do it, it doesn't seem logical smile.gif
*
Erm, based on your trading methodology. FOr my Long term, i does put a stop loss for 200pips and plus according to the pair and chart. Using a DAily or monthly TF, if you did not put enough SL, it wont be easy to gain big pips.

Juz my 2cents


Added on July 20, 2008, 9:10 pm@normeck, saw your point over tehre. Wish you lucks....

This post has been edited by mphpopular: Jul 20 2008, 09:10 PM


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mphpopular
post Jul 21 2008, 12:35 PM

bar chartist
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QUOTE(spammenotspam @ Jul 21 2008, 10:44 AM)
erm... seeems dumb question..
any1 willing to guide me on forex trading? i m looking to set up an account, get a software to help with analyst... n starts trading... details PM to me..thanks thanks
*
PM me your msn or yahoo messenger or skype. I can give you some guide, dont wish to spam whole LYN forex forum wif this info again and again.

Here's some beginner guide. REad one or two books about forex, to know at least how forex is working. Or go over babypips.com to read the tutorial to understand better about what is forex and how to trade those basics.

Then other we did it abit by abit thru msn / skype / yahoomessenger.

Tonight i will be free, juz look for me tonight if you want.
mphpopular
post Jul 21 2008, 03:29 PM

bar chartist
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QUOTE(normeck @ Jul 21 2008, 02:48 PM)
14 pip wan closed or not????!! smile.gif

something that we have ...why i can hold -ve pip till -500 but 14 +ve pip so nervous till want to close the trade???? mad.gif
*
Normeck, as i can see from your statement and the price now. You having 3 unclose position. Currently only 1 of your position is in +ve pips which the another 2 still in -ve territory.

Now is based on your prediction, if the trades was taken under your prediction and you believe it will still go bear, so start worry for a few +pips while you can stand there and see your acc floating wif -ve big pips.

But you muz understand the risk and profit. That means, your mind now is clear and under your charts, you saw really bear trend, there is no reason for you to exit market now. So if this is the case, juz carry on it.
mphpopular
post Jul 21 2008, 03:39 PM

bar chartist
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Juz believe on your charts, no matter what things come first, your chart will be in your priority.

Note: This applied for me whereby I'm a chartist. Hehe. Chartist --> sounds pro.
mphpopular
post Jul 21 2008, 07:38 PM

bar chartist
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signal provider is depends on the company. If the company provide a good signal, then you're safe. I've started to notice 1 or 2 signal provider company since half year ago. But as i notice, they start wif a good profit margin. But when times goes for half year, their performance keep dropping without any reason.
Juz my 2cents.

Anyway, you can give it a try if you found it profitable for you. Juz make sure it wont cause you for around USD200 or something crazy.
mphpopular
post Jul 21 2008, 07:41 PM

bar chartist
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Wait ya, i now google-ing about it and looking thru the site. This is some opinion. If you're trading on USD 1 per pips. That means they must at least provide you wif one month +99pips in order to cover the expenses.

Firstly, can they provide 99 pips per month?
Second, your equity can stand for their DD?

I will go thru the site now and reply over here by tonight, cause now wan go take dinner.


Added on July 21, 2008, 7:52 pmHere my opinion, sorry if i done mistake on interpret the website, and this is only based on my own opinion:

1) They wrote they earn USD 46,205 in a weeks, but we cant see any live statement or proof.
2) No past statement for us to browse thru.
3) How many currency pair did they trade? If they trade 36pairs, does we have such high equity to run the margin in our acc?
4) No table of result, means there is no real result posted, they did not post up a result such that, May --> earn 160pips , June --> earn 200pips.
They did not provide this on.
5) Did not tell us the drawdown and others details.

But there is the posiblities that this is really profitable, i dunno it and not sure, cause there is no one can show us any proof.

Here is a site to another signal provider. fxspotdesk.com
They're real and not scam, you can get many info from their website. They did it in profesionally way, and i does tried their free testing period, and i can prove that their signal is as shown in the statement, exactly the same.

You can try compare how this both difference. fxspotdesk get a 3/5 rating from me.

This is all i could provide bro. The maximum of my knowledge i think.

This post has been edited by mphpopular: Jul 21 2008, 07:52 PM
mphpopular
post Jul 21 2008, 07:57 PM

bar chartist
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QUOTE(Zack Styler @ Jul 21 2008, 07:52 PM)
Hi Guys,

This is my first time trying out a demo account..

There are a fews things that I do not quite understand..

The bar on the lower part of the graph, where its shows S/L, T/P, Price,  Profit..

1. What does S/L means?

2. Also what does T/P stands for?

3. Price is refers to the buy/sell price?

4. Profit - why is it showing a negative value? Is it means trading at a loss?

5. The graph is there any way to analyze it?

Thanks a lot guys..

rclxub.gif  rclxub.gif  rclxub.gif

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Bro, you're really joking wif me, luckily you telling me you're trying on demo not live.
Go thru this and you will get alot of info and benefit, i guarantee it for you, it answer all your 5 question
http://www.babypips.com/school/

SL means stop loss
TP means target profit
Price means the price you enter the market
Profit means how much you earn / loss (so there is of course a negative value)

Analyse -> all have their own idea on analyse their graph, you can get some idea over the sites i post juz now.
The most basic ways is to learn draw trendlines by manually.

Juz post here if you've further question. We will try to help if we are free and able to answer it out.

This post has been edited by mphpopular: Jul 21 2008, 07:58 PM
mphpopular
post Jul 21 2008, 08:03 PM

bar chartist
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Actually juz want to let you know, this is all basic, make sure you read thru the pages, it does help you. I guarantee you'll have alot of benefits after reading those. But juz to let you know, the sites i shown you is juz a kind of shortcut to learn forex.

Still my advice, go read more books about forex or sites. I did not really believe that forum can provide you wif adequate info, bcoz mostly they're discuss on analysis stuff.

mphpopular
post Jul 21 2008, 09:51 PM

bar chartist
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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
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tongue.gif Next time i wont, i promise hehe. Juz this few day free from work, so keep on jalan jalan in LYN

QUOTE(low yat 82 @ Jul 21 2008, 09:13 PM)
brothaa!!! how's every1 doin... i jus came bc from meetin in kelantan.... EU kena my SL... -usd 53  tongue.gif


Added on July 21, 2008, 9:23 pm
volume refer s to d tickers... coz dreal volume or 'lots' is not available... so its extremely depends on ur broker server...
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Not bad llor. First day real account win 13pips.

My mid term strategy on demo-ing juz win 33 pips. How come always demo win more than real.....ZZZ. I this week so free, I'm so happy that i able to do trade from home.

Starting to miss Jebonen and Kevler. Jebonen seems busy, Kevler juz like always, disappeared???
mphpopular
post Jul 21 2008, 10:05 PM

bar chartist
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My chart telling me no more trading opportunities for me tonight. Haiz. WHy WHy WHy, and juz to let you know normeck, i juz put aside my short term for a moment and try to develop it further as i found out there is tons of problem to deal wif it... Now stick hard to my mid term, but kinda like wait wait wait, especially i only looking at 3 pairs.
mphpopular
post Jul 21 2008, 10:25 PM

bar chartist
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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
mphpopular
post Jul 21 2008, 10:35 PM

bar chartist
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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
mphpopular
post Jul 22 2008, 10:22 AM

bar chartist
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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.
mphpopular
post Jul 22 2008, 12:37 PM

bar chartist
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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.
mphpopular
post Jul 22 2008, 10:38 PM

bar chartist
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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.

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