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FOREX Corner v 5.0, FAQ|Technique Sharing|News|Broker
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dr2k3
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Dec 20 2008, 10:31 AM
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adam ur dow failed  not even slight spike to 9500, now is at 8500-8600 level and 11days (- alot holiday and weekend =thin volume) left till the deadline, what i think now is that the chances of it reach or break and stay above 9500(atleast one day) is very slim and near 0% u can treat small jeff 2 teh ice
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dr2k3
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Jan 6 2009, 08:47 AM
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QUOTE(mphpopular @ Jan 5 2009, 05:46 PM) But that is demo wor. I on ride wif GJ long, how about you? lol~ talk so big only to be demo account nothing is absolute......EA can be good also can be bad.... just like some people say scalping is bad but there is still people who manage to make big profit from scalping This post has been edited by dr2k3: Jan 6 2009, 08:48 AM
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dr2k3
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Jan 6 2009, 10:30 AM
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thats because u try someone else ea (u were just hoping for profit instead of knowing how it trade n what his money management like).....not something created or research by u
i've seen people with good EA(created n developed by themself)....manage to profit 3 month continuously, ofcoz that doesnt mean he will profit all the way...nothing is absolute
one thing for sure is that....GOOD EA will never surface on internet for sell, they can make more profit trading themself than selling the EA
except for selling it to bank/investment institutional ( heard this case before )
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dr2k3
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Mar 20 2009, 11:07 AM
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QUOTE(AdamG1981 @ Mar 19 2009, 07:59 PM) Thanks kelvin. Like i said, one day usd will melt. And this is only the beginning. Where's my good friend TXI? GU to 1.30? LOL.....bring it on buddy. You ain no match for my skills. u were just merely stating the obvious.....
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dr2k3
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Mar 20 2009, 11:33 AM
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QUOTE(kelvin_tan @ Mar 20 2009, 11:29 AM) Nope dr2k3.. He speculated that before the fomc statement and told us.. he knew it was going up and he predicted all of it before the meltdown. I wouldn't say thats stating the obvious. if have watch all of those financial news....and i do mean from US.........u will know what i mean one thing very obvious i know is that what comes up must come down...especially move that are very fast... i also know it will come down the question is WHEN....if the person know "WHEN" he will be a billionaire already This post has been edited by dr2k3: Mar 20 2009, 11:36 AM
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dr2k3
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Mar 20 2009, 11:38 AM
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QUOTE(AdamG1981 @ Mar 20 2009, 11:33 AM) Haha, well our buddy TXI said going down to 1.30.  when it's our date to the mamak... haha still owe you teh ais.  Added on March 20, 2009, 11:34 amBut my friend, actions speak louder than words. How many people willing to trade before FOMC? lol.......i forgot about the teh ice d.... xD for me....those who trade the news release is just like gambling....since u dono whats the outcome....unless u have insider information....then that's a different story This post has been edited by dr2k3: Mar 20 2009, 11:41 AM
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dr2k3
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Mar 20 2009, 11:42 AM
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QUOTE(kelvin_tan @ Mar 20 2009, 11:40 AM) yeap drk3 i agree usd is goign to melt sooner or later but when i say speculating, G mentioned EU to 1.33 like 12 hours before fomc statement when it was like 1.2950 only.. not everyone can speculate that way and give us a figure so high up and hit it. It hit 1.3490 that night itself. just curious.....did he bet himself...or just rather speculate on words
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dr2k3
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Mar 20 2009, 11:46 AM
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right now the market is very volatile.....300 pips move is nothing
those who have low stop loss just becarefull
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dr2k3
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Mar 20 2009, 11:48 AM
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QUOTE(AdamG1981 @ Mar 20 2009, 11:43 AM) Dr2, i graduated as an economist, so it gave me an upper hand in forecasting what the fed will or not do. That day, Ben went and gave live interview and said he sees green shoots of the economy recovering. No one expected FOMC to come out with purchasing 300 billion T bills. ya....no one expect them to buy 300b t bills......shock n awe.....i was expecting slow down movement for UJy...but that news just bring UJ down in couple hour = =" Added on March 20, 2009, 12:00 pmQUOTE(kelvin_tan @ Mar 20 2009, 11:43 AM) anyway trading news releases is speculating. Forex moves based on speculation anyway. Your title = speculator  . well....im speculating on chart.... he is speculating on one person or one institution decision......that is very scary for me....just take the 300b tbill purchase for example i have seen news movement that go different direction on a large scale then retrace back to original intended movement This post has been edited by dr2k3: Mar 20 2009, 12:00 PM
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dr2k3
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Mar 21 2009, 06:49 PM
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if you are not confidence with the trade...close....and i do mean CLOSE IT
right now market is so damn volatile......100-200pips is nothing....it can occur within 1 or 2h.....so just becarefull
average 30 pips movement on euro
60 pips occasional
100 - 200 pips....if they decide to trend....
This post has been edited by dr2k3: Mar 21 2009, 06:50 PM
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dr2k3
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Mar 26 2009, 02:28 PM
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QUOTE(mphpopular @ Mar 26 2009, 02:15 PM) Trade using daily weekly chart, that suppose to be a long term trade longer time frame oso means have to prepare for drawdown
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dr2k3
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Apr 11 2009, 09:51 PM
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QUOTE(AdamG1981 @ Apr 11 2009, 12:20 PM) Minimize trades to maximize profits. My advise for you guys. The more you trade, the more likely you will LOSE. This has already been proven many many times. For those who work @ investment banks, at least they have more tools than a regular trader; that's why their chances increase greatly due to bigger capital and very comprehensive FA reports. u should also say...the capital is not yours....altho it still a burden....but not as emotional as your own capital This post has been edited by dr2k3: Apr 11 2009, 09:51 PM
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dr2k3
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May 6 2009, 04:07 PM
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QUOTE(dsugums @ May 6 2009, 09:38 AM) I use Celcom BB for my FXCM. Streamyx is hopeless and too risky if you want to close the trades immediately. The Celcom BB is quite fast in opening and closing trades on the chart. Celcom only cost RM68/month. I think it is worth the money, at least for trading purpose. I still use streamyx for everyday use. if u serious about trading forex(realtime/permenant forex trader)....get 2-3 broadband as backup as you all know how bad our broadband provider is if ur successful those money for 2-3 broadband is nothing
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dr2k3
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May 20 2009, 11:46 AM
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QUOTE(rstusa @ May 20 2009, 10:41 AM) Who know? Maybe TXI is one of the terrorist going to attack UK next month, already placed a bomb there, LOL!!! terrorist attack is not going to bring GU down to 1.3, unless one of the big giant financial institution goes "DOWN"
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dr2k3
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May 23 2009, 01:35 PM
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who is TXI........i look back previous couple day i see no one with this name
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