*Official* Forex Trading thread. (DYODD advised) - Part 2

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Mr.Canberra

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Stop Loss

bank got holding power and play no stop loss like Mr Canberra, even they wrong eventually they still will be correct :s13:

Institutions do have stop loss. Just that their stop loss threshold is more generous than retail traders. :s13:
 

Mr.Canberra

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AUD/USD

Scalping AUD/USD.

Total gains for today is currently US$114.00 Din Tai Fung profit.
 

Knight_Rider

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bank got holding power and play no stop loss like Mr Canberra, even they wrong eventually they still will be correct :s13:

Bank got no holding power. They dun have titanium hairy balls. They trade within that 90 sec window because big lot size they cannot answer a 10 pip move against the trade. That's how UBS trade not sure about the rest.
 

Mr. Wood

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continue short aud/usd eur/usd.
D1 20ma crossing 50ma and rsi down.
huat ah! :s12:
 

Mr.Canberra

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AUD/USD

Scalping AUD/USD.

Total gains for today is currently US$149.00 Din Tai Fung profit.
 

Mr.KYAM

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Sold Aud/Usd at 0.7815 and 0.78174.

Bought Eur/Jpy at 113.085.

Bought Usd/Jpy at 113.085.

Hope can huat.
 

Mr.Canberra

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Mr Canberra, do u know how institutions trade?
economic data, charts, indicators, buy/sell orders? :s11:

Sorry but this question above my pay grade.

When I meet my ex-investment manager friend again I shall ask him. He does not stay in Singapore and I get to see him only once a year abroad.
 

Mr.Canberra

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aud/usd near support level. if short, have to be careful

RBA interest rate decision just release and AUD/USD dipped a bit. Down by -20 pips. Can go take a nap first liao. Only slept for 4 hours. :s13:

Wa, today so fast reach so much liao everyday like that really huat ar

Today is one of those on form days. Right currency pair with right timing. Most of the time during early Asia session is easier to scalp as the direction will usually follow previous US session. :D
 
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