*Official* Forex Trading thread.

Status
Not open for further replies.

neoartz

Member
Joined
Mar 28, 2006
Messages
498
Reaction score
0
Today I also a bit occupied with other matters but will always try to make time for New York session.

Your total realised gains more than mine by a bit. You leading. LOL! :s13:

We turning Forex trading similar to competitive online gaming hahaha! :D

Haha no la.. where got competitive haha.. i'm still trying to learn the art. :D
Now only trading in Micro lot :s13: everyday trying to kio laska $$
 

awful999

Supremacy Member
Joined
May 1, 2008
Messages
5,899
Reaction score
0
I hope I have more time , day time don't have much time need to work, only night time but still cannot sleep late ..
 

Mr.Canberra

Supremacy Member
Joined
May 22, 2014
Messages
9,024
Reaction score
1,094
haha you all day trading and scalping; I prefer long time frame one.

:s13:

Your profit taking time frame is daily or weekly?

Haha no la.. where got competitive haha.. i'm still trying to learn the art. :D
Now only trading in Micro lot :s13: everyday trying to kio laska $$

Mini lot is $10,000 contract. So micro lot is $1000 contract?

Kio laksa or KFC money also not bad. Means food expenditure is free besides utilities, rental if any and transportation.

If monthly profit can cover groceries and utilities not bad liao leh! :D
 
Last edited:

neoartz

Member
Joined
Mar 28, 2006
Messages
498
Reaction score
0
Your profit taking time frame is daily or weekly?



Mini lot is $10,000 contract. So micro lot is $1000 contract?

Kio laksa or KFC money also not bad. Means food expenditure is free besides utilities, rental if any and transportation.

If monthly profit can cover groceries and utilities not bad liao leh! :D

Yeah man.. :s13: it's the experience and discipline that matters.
 

[M]aiev

Arch-Supremacy Member
Joined
Jan 26, 2008
Messages
11,522
Reaction score
76
Whipsawing since 12:12am. Easy to trade. Too bad my position stuck way up at $0.719. :s13:

I avoid trading when market is ranging; it's hard to trade.

It is good when it can give the user the edge of market imo
 

Mr.Canberra

Supremacy Member
Joined
May 22, 2014
Messages
9,024
Reaction score
1,094
NZD/USD

Disagree to that, i avoid ranging when market is ranging; it's hard to trade.

For scalping, whipsawing price range is easy kill but for longer time frame trading not ideal. :)

BUY SELL, SELL BUY till as long as you can.

90% of the time is I go for fast frags (pips). Only when trade moves against me I will carry trade and let it recover. Sometimes takes 2 months plus. Hahahaha. :D
 
Last edited:

[M]aiev

Arch-Supremacy Member
Joined
Jan 26, 2008
Messages
11,522
Reaction score
76
For scalping, whipsawing price range is easy kill but for longer time frame trading not ideal. :)

BUY SELL, SELL BUY till as long as you can.

90% of the time is I go for fast frags (pips). Only when trade moves against me I will carry trade and let it recover. Sometimes takes 2 months plus. Hahahaha. :D

I prefer to use stop loss; sometimes i will cut loss even if it doesn't hit stop loss depending on situation.

:s13:
 

Mr.Canberra

Supremacy Member
Joined
May 22, 2014
Messages
9,024
Reaction score
1,094
I prefer to use stop loss; sometimes i will cut loss even if it doesn't hit stop loss depending on situation.

Forex trading no need commission so can execute more trades.

For stock trading if keep using stop loss then the commission will be killer! :s13:
 

Mr.Canberra

Supremacy Member
Joined
May 22, 2014
Messages
9,024
Reaction score
1,094
USD/JPY

DOLLAR-YEN TECHS: Rally Moves Toward Top Of Next Target Zone

*RES 4: Y115.80 61.8% Fibo of Y125.82-Y99.58
*RES 3: Y115.42 1.618 swing of Y113.99-Y111.39
*RES 2: Y114.80/87 Nov 30, Feb 16 highs
*RES 1: Y114.55 Hourly resistance
*PRICE: Y114.52 @1426GMT
*SUP 1: Y113.75/85 Hourly support
*SUP 2: Y113.28/31 Previous resistance area Nov 28-29
*SUP 3: Y112.73 Initial rally high Nov 30, now support
*SUP 4: Y112.09 Nov 30 low

*COMMENTARY* Back above Y113.28-31 swings bias back in favour of the topside, further increased by the break of the month's previous Y113.88 high. This now sees the Y114.52-Y114.87 highs from early this year as the next target area. Support moves up too, Y113.75-85 and then that previous Y113.28-31 area now protects against anything more damaging. Above Y114.87 and the swing target at Y115.42, then stands in front of the next major Fibo retrace level at Y115.80.
 
Last edited:

Mr.Canberra

Supremacy Member
Joined
May 22, 2014
Messages
9,024
Reaction score
1,094
USD/JPY boh lat so far.

Coming right up.

10:45PM US Markit Manufacturing PMI Final NOV
11:00PM US ISM Manufacturing PMI NOV
 
Last edited:
Status
Not open for further replies.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top