Forex Cryptocurrency General Chit Chat Thread 2019

[Mr. Wood]

best advise
but for army guys

 

[Mr.Canberra]

best advise
but for army guys

Inside army if you act blur + hao lian you will get your karma one day.

 

[soiheardyouwanttobefamous]

Looks like someone lost money from FOMC event that he dulan and spam with multiple posts taking it out on me hahaha.

Someone condoning conning is ok wor!

Snake oil salesman por snake oil salesmen's lanpa.

If any persons receive unsolicted PMs from snake oil salesmen please expose and flag it on the Warning about stocks/forex guru trading courses in the market thread. Cheers.



Adios, make sure you keep your word and don't prata like uncle Trump hor!

lol hope that fomc will teach people not to blindly go against retail sentiment thinking its some sort of holy grail they just discovered

 

[havetheveryfun]

Many times when traders throw number here, sometimes I told them to be careful. There was this guy something like Hairytitaniumball - I caution him that EURUSD will touch 105.xxx. He insulted me. Raynor a trend trader, I told him careful but he stick his gun and took the loss. Happymilk a newbie in forex followed blindly to the honest guru here and was wondering should he cut loss. I saw his position and told him he was saved.Many others. Not boasting, none of my post is deleted or edited to suit me.

EURUSD touch 105.xxx? wow! how ???

 

[edwardZ]

BTC pump past 10k!

this week was abit of roller coaster due to all the news and tweets, next week not so much interesting news...which is good since we can trade with more certainty

 

[Trader11]

Aussie can short horyisi

 

[edwardZ]

Aussie can short horyisi

looking to short AUD again too, i think another day or 2 for its retracement to complete before resuming downtrend let's see what the market says next week

 

[Mr. Wood]

Mon Jun 24
7:30am AUD RBA Gov Lowe Speaks

Tue Jun 25
10:00pm USD ** Consumer Confidence

Wed Jun 26
1:00am USD Fed Chair Powell Speaks about the economic outlook and monetary policy at the Council on Foreign Relations
10:00am NZD Official Cash Rate
NZD RBNZ Rate Statement
5:15pm GBP Inflation Report Hearings
8:30pm USD Core Durable Goods Orders m/m

Thu Jun 27
9:00am NZD ANZ Business Confidence
8:30pm USD Final GDP q/q

Fri Jun 28
4:30pm GBP Current Account
8:30pm CAD GDP m/m
10:30pm CAD BOC Business Outlook Survey

 

[Mr. Wood]

Tuesday OPEC meeting
Friday G20 meeting

are u ready for the Trump tweets?

 

[strangerjun]

Take out any H4 chart, look at all the swings.

Ask this question - Why did price stop and swing from there?

I guess you're like me clueless as to why and when price might stop and reverse to form the swing.

Now may I suggest you place line on all the swings and scroll the chart to the LEFT. Can you see almost all the swings connect to a previous price.
The level I posted, have a reference point, I don't pluck it from thin air.

We are told by guru that M1 is full of noise. It is tiring to stare at M1 to trade.

May I humbly suggest that beside those lines you draw on the HTF (H4, D1),
M1 is the most important key for trading Forex.

We only look at M1 when price is near those HTF line. Here in M1 you will see all the action of stop hunt. You will see spike, extreme candle formed. This is when I will put a buy/sell limit above/below those lines.

Sometime I might even pull the trigger and the top/bottom of the spike.

Always be ready to know how much you're willing to give market if the trade go against you.

Never, never, never trade during news, Forever, forever, forever place a stop loss or mental stop loss.

The second links I posted on 7 june talk about a very good strategy which I don't really followed. BUT there is one particular way an indicator was used that clicked everything together. For this you do your homework.

Trading is that simple. But we are sold to the idea of MA cross, overbought oversold, etc, etc

For me I use multiple timeframe analysis.. Go with the trend/swing on the higher timeframe and find entry on lower timeframe on retracement and breakout. I will be cautious on entry when prices are approaching support/resistance of higher timeframe.

Is this the right approach?

 

[edwardZ]

For me I use multiple timeframe analysis.. Go with the trend/swing on the higher timeframe and find entry on lower timeframe on retracement and breakout. I will be cautious on entry when prices are approaching support/resistance of higher timeframe.

Is this the right approach?

based on his last post, i dont think he is going to reply already man haha

from my noob knowledge, your approach generally fine for longer-term swing trader as long as you dont enter too big entry and have ample margin to tank (but of course we should be worrying about margin if entered right)

2 questions that might help refine your approach will be 1. how do you confirm that the trend is still going or is the trend reversing and 2. how do you confirm that the particular support/resistance level is correct?

 

[Mr.Canberra]

For me I use multiple timeframe analysis.. Go with the trend/swing on the higher timeframe and find entry on lower timeframe on retracement and breakout. I will be cautious on entry when prices are approaching support/resistance of higher timeframe.

Is this the right approach?

Haha you want act blur hao lian trader to eat back his own words by posting again after vowing not to ever post here again?

By the way EUR tio pump again. Maybe tonight will Niagra Falls when New York opens.

 

[strangerjun]

Haha you want act blur hao lian trader to eat back his own words by posting again after vowing not to ever post here again?

By the way EUR tio pump again. Maybe tonight will Niagra Falls when New York opens.

I don't know what happened and what he said

I long eurusd leh

 

[strangerjun]

based on his last post, i dont think he is going to reply already man haha

from my noob knowledge, your approach generally fine for longer-term swing trader as long as you dont enter too big entry and have ample margin to tank (but of course we should be worrying about margin if entered right)

2 questions that might help refine your approach will be 1. how do you confirm that the trend is still going or is the trend reversing and 2. how do you confirm that the particular support/resistance level is correct?

I got use position size calculator... Stop loss at 2.5ATR

Trend I usually see MA, HH and HL (LH, LL), size of candle sticks

 

[Mr.Canberra]

EUR/USD

London traders lip lai liao!

Event risk this week is G20 meeting.

I believe the USD lao sai is temporary. However the turning point is always in Apr or Jun judging from my positions that are stucked.

Hope better days ahead for me hahaha.

EUR/USD short stucked at 1.1276.

Tuesday OPEC meeting
Friday G20 meeting

are u ready for the Trump tweets?

Trump tweets getting less and less effective and mostly influence stock markets and less on forex.

For Forex currently only Mario bro and Turkey (EM currencies) can move markets.

 

[Trader11]

London traders lip lai liao!

Event risk this week is G20 meeting.

I believe the USD lao sai is temporary. However the turning point is always in Apr or Jun judging from my positions that are stucked.

Hope better days ahead for me hahaha.

EUR/USD short stucked at 1.1276.



Trump tweets getting less and less effective and mostly influence stock markets and less on forex.

For Forex currently only Mario bro and Turkey (EM currencies) can move markets.

Yen looking to move strongly

 

[Trader11]

Kiwi longs kena played out for those with stop losses... Big boys manipulation

 

[edwardZ]

Kiwi longs kena played out for those with stop losses... Big boys manipulation

ya the 40pips+ wick on 15m NzdUsd
i think both NU AU should head abit more higher to claim stops before giving another good short

 

[edwardZ]

I got use position size calculator... Stop loss at 2.5ATR

Trend I usually see MA, HH and HL (LH, LL), size of candle sticks

ah okok, what are your MAs periods? tiagong banks use 13 50 200 EMAs to trap traders, i use these to assist my entry exit too

 

[Trader11]

ya the 40pips+ wick on 15m NzdUsd
i think both NU AU should head abit more higher to claim stops before giving another good short

Short squeeze gao gao.....now is bultrap