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 FOREX Corner v 5.0, FAQ|Technique Sharing|News|Broker

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maiself
post Jan 8 2009, 11:07 PM

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Joined: Jan 2003
From: Putrajaya & Siberjaya



QUOTE(rpg @ Jan 8 2009, 10:31 PM)
which broker is best for scalping? broker that allow scalping?
*
im using ibfx - no problem..

coldfusionpower
post Jan 9 2009, 12:11 AM

My Cat Like To Shoot Noobs
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ahaa.. the trade i put didnt trigger and didnt make the Buy Wave coz i was out. no pc to monitor the market .. so miss it. oh well theres always tomoro.. smile.gif

Attached Image
sorry if the indication terrible abit. im using my dad laptop. now at my parents house. no picture editing software here.. tongue.gif

p/s: anyone here using SHI Channel indicator ? i find it easier to see the price action without making the trendline manually smile.gif .. before anyone ask, yes its a repaint indicator but still ok in my opinion. i use channels crosses to set my TP ..

QUOTE(kelvin_tan @ Jan 8 2009, 09:53 PM)
i'm not angry.. but i think this topic is meant for discussions wink.gif wish us all lots of pips ! smile.gif
*
haha .. yes bos ! notworthy.gif notworthy.gif ... hope 2009 will be a great year for us ! rclxm9.gif rclxm9.gif


QUOTE(woopypooky @ Jan 8 2009, 11:18 PM)
can i ask 1 thing, what if i go outstation and didnt trade for 1 month, will the broker close my live account?
*
yup no problem. i got one account still hv money and i didnt trade that one for more than 4 months edi. still ok . but better ask your broker to be safe . thumbup.gif

This post has been edited by coldfusionpower: Jan 9 2009, 12:16 AM
HonaLulu
post Jan 9 2009, 01:28 AM

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broker will not close clients account even u didnt trade it
AdamG1981
post Jan 9 2009, 03:48 AM

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My younger brother's account that i manage for him. Zero losses in 4 weeks, flawless trades. WITHOUT EA; one month return of 30%

Initial capital: USD 985


And no, I am not MADOFF.

This post has been edited by AdamG1981: Jan 9 2009, 03:54 AM
joeee85
post Jan 9 2009, 07:29 AM

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My trade journal

5.1.2009

GBP/USD Buy
Entry : 1.4571
Stop Loss : 1.4541

-30pips hmm.gif


6.1.2009

GBP/USD Sell
Entry : 1.4567
Stop Loss : 1.4587
Trailing Stop : 20pips

+41pips rclxms.gif


Added on January 9, 2009, 7:33 am7.1.2009

GBP/USD Buy
Entry : 1.4945
Stop Loss : 1.4915
Trailing Stop : 20pips

+77pips rclxms.gif


8.1.2009 (2 trades)

GBP/USD Sell
Entry : 1.5022
Stop Loss : 1.5052
Trailing Stop : 20pips

+17pips smile.gif

GBP/USD Buy
Entry : 1.5263
Stop Loss : 1.5138
Target : 1.5308

+45pips rclxms.gif





This post has been edited by joeee85: Jan 9 2009, 07:33 AM
SUSMNet
post Jan 9 2009, 08:36 AM

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Look like you have profitable trade.
Why no you open FxManager.
I'm sure many people will join.


QUOTE(AdamG1981 @ Jan 9 2009, 03:48 AM)
My younger brother's account that i manage for him. Zero losses in 4 weeks, flawless trades. WITHOUT EA; one month return of 30%

Initial capital: USD 985
And no, I am not MADOFF.
*
normeck
post Jan 9 2009, 10:06 AM

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i hope this will help ...


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WhitE LighteR
post Jan 9 2009, 10:12 AM

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Yup... GJ is coming down....
kelvin_tan
post Jan 9 2009, 10:47 AM

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hahaha G... goonie's account being managed by you of course profit la.. soemmroe u dun take too much risk with his acc wink.gif but hell nice his profits..
silverbolt143
post Jan 9 2009, 11:34 AM

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hye sifoos,
i'm really new and noob here biggrin.gif ....my friends introduce me with this kuasaforex guys..
from my observation this guy only provide method, tips and trends analysis tools...
i've browse through on one of the forex broker platform which is FXCM.
currently playing around with FXCM trial/demo platform for micro account...

My noob questions:
1) is there any other recommended platform/broker for me to trade forex
2) please enlightened me any link which provide guide on forex for noobies like me. i dont even understand what pips is (i dont wanna irritate u guys)

i just a newbie who need guidance from u guys. notworthy.gif notworthy.gif notworthy.gif

googling around without guidance may lead me to the wrong path sweat.gif rclxub.gif

so just wishing for positive feedback from u guys

THANKS
coldfusionpower
post Jan 9 2009, 11:52 AM

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QUOTE(silverbolt143 @ Jan 9 2009, 12:34 PM)
My noob questions:
1) is there any other recommended platform/broker for me to trade forex
2) please enlightened me any link which provide guide on forex for noobies like me. i dont even understand what pips is (i dont wanna irritate u guys)
*
1) i use LiteForex (kinda louzy.. late at withdrawal. anything else ok) and IBFX .. so far so good
2) babypips.com and forexfactory.com forum...but go to babypips first and go tru their school section .. if u done.. do it again .. and make sure to try the quiz also . not read only .. it helps ..

owh .. welcome ! cheers.gif
silverbolt143
post Jan 9 2009, 12:01 PM

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From: KL - Subang - Damansara


QUOTE(coldfusionpower @ Jan 9 2009, 11:52 AM)
1) i use LiteForex (kinda louzy.. late at withdrawal. anything else ok) and IBFX .. so far so good
2) babypips.com and forexfactory.com forum...but go to babypips first and go tru their school section .. if u done.. do it again .. and make sure to try the quiz also . not read only .. it helps ..

owh .. welcome !  cheers.gif
*
thanks for the info bro...currently attending pre-schools at babypips laugh.gif laugh.gif
regarding on late withdrawal, is there any local forex broker/online platform? i mean internally from malaysia...
coldfusionpower
post Jan 9 2009, 12:07 PM

My Cat Like To Shoot Noobs
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Joined: Jun 2005
From: Planet Earth
well liteforex have a IB at kelantan . withdraw to my maybank account. on IBFX, never withdraw before. wanna accumulate that one . if not mistaken FxOpen also can . not sure tho ..


maiself
post Jan 9 2009, 12:09 PM

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From: Putrajaya & Siberjaya



one more broker is instaforex if not mistaken... maybe u can check the review on google/local forum
mphpopular
post Jan 9 2009, 12:30 PM

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QUOTE(normeck @ Jan 9 2009, 10:06 AM)
i hope this will help ...
*
Normeck I edited your chart. I now dun hav my PC wif me. So this is what I see from the chart.

PS: That maybe is a H&S formation as well. But I'm not sure on that.

This post has been edited by mphpopular: Jan 9 2009, 12:32 PM


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HonaLulu
post Jan 9 2009, 12:36 PM

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QUOTE(normeck @ Jan 9 2009, 10:06 AM)
i hope this will help ...
*
nice break from the trendline , hope u manage to grab some pips over there
AdamG1981
post Jan 9 2009, 01:00 PM

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QUOTE(MNet @ Jan 8 2009, 05:36 PM)
Look like you have profitable trade.
Why no you open FxManager.
I'm sure many people will join.
*
Nah, i only choose selective clients that can pay for my services.



QUOTE(kelvin_tan @ Jan 8 2009, 07:47 PM)
hahaha G... goonie's account being managed by you of course profit la.. soemmroe u dun take too much risk with his acc wink.gif but hell nice his profits..
*
Most importantly, 30% profit every month, consistently.


Added on January 9, 2009, 1:05 pmMy WEEKLY TF trade

Shorting Aussie, all the way down to 68.

This post has been edited by AdamG1981: Jan 9 2009, 01:05 PM
mphpopular
post Jan 9 2009, 01:52 PM

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30% is more than enough liao lor..

Beside, I believe GBP pair wil facing retracement now. GJ GU EG all will face retracement.

I will be back to my own place by tonight. But already Friday. Cant trade.
bulkbiz
post Jan 9 2009, 05:36 PM

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Joined: Dec 2007
From: Bumi Kenyalang, Kuala Lumpur



QUOTE(AdamG1981 @ Jan 9 2009, 03:48 AM)
My younger brother's account that i manage for him. Zero losses in 4 weeks, flawless trades. WITHOUT EA; one month return of 30%

Initial capital: USD 985
And no, I am not MADOFF.
*
Some interesting fact, the power of compounding, if you compound it 30% every month, you will get MYR61,784.77 by end of 2009, see below:

Compound 30% per month from forex.
month1=985
month2=1280.5
month3=1664.65
month4=2164.05
month5=2813.26
month6=3657.24
month7=4754.41
month8=6180.73
month9=8034.95
month10=10,445.44
month11=13,579.07
month12=17,652.79
Total: USD17,652.79x3.5 = MYR61,784.77


Added on January 9, 2009, 5:53 pm
QUOTE(joeee85 @ Jan 9 2009, 07:29 AM)
My trade journal

5.1.2009

GBP/USD Buy
Entry : 1.4571
Stop Loss : 1.4541

-30pips  hmm.gif
6.1.2009

GBP/USD Sell
Entry : 1.4567
Stop Loss : 1.4587
Trailing Stop : 20pips

+41pips  rclxms.gif


Added on January 9, 2009, 7:33 am7.1.2009

GBP/USD Buy
Entry : 1.4945
Stop Loss : 1.4915
Trailing Stop : 20pips

+77pips  rclxms.gif
8.1.2009 (2 trades)

GBP/USD Sell
Entry : 1.5022
Stop Loss : 1.5052
Trailing Stop : 20pips

+17pips  smile.gif

GBP/USD Buy
Entry : 1.5263 
Stop Loss : 1.5138
Target : 1.5308

+45pips  rclxms.gif
*
What is the point of this thread? Show off?

This post has been edited by bulkbiz: Jan 9 2009, 05:53 PM
kelvin_tan
post Jan 9 2009, 06:22 PM

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Joined: Nov 2006


heh yeap power of compounding is great biggrin.gif hopefully my account also can haha

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