*Official* Forex Trading thread.

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Knight_Rider

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Evening star come at wrong timing lol. No choice wait again. 4 candles in between stars lol. Toto also not so zhun.
 

[M]aiev

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Technical analysis and Fundamental analysis.

Start a demo account and chose a major pair to trade. Avoid yen pairs because too voilatile for newbie. Choose 3 indicator that you are comfortable with. Those too lagging ones discard and replace with more accurate ones. Practice practice practice. Then start real account. Pay some tuition fees and get a mentor. That's a good start

your mentor is from Six Capital ah ?

:s22:
 

Knight_Rider

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your mentor is from Six Capital ah ?

:s22:

No I learn from a top trader (photo) using a simple formula. She teaches a lot of techniques too. Most who got scamed by Kishore goes to her. Why you like associate me with six capital?

Screen-Shot-2015-12-01-at-1.04.30-AM1.png
 

Mr.Canberra

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Gold

Gold touched US$1200/Oz. Huat arhhh! :s12:

Target take profit dates as follows. Subject to market conditions.

1) 20/01/2017
2) 27/01/2017
 

Mr.Canberra

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Gold

:s12: huat ar...lucky still kio one micro lot yesterday ( hand itchy, naughty hand )@1188 (huat huat) :s13:

hope can maintain so tonight can totally off load my gold ETF

Must use longer time frame for direction. My 2017 strategy.

RSI on daily chart is overbought 73.89%. Weekly chart 45.63%. Still have more room to run so will see daily movement and decide next course of action.

Your Gold ETF can wait for RSI to reach close to 70% on weekly chart then dump to take profit. Dump at RSI 65% level if you kisasu. :D

Gold spot rate just shoot to US$1202/Oz! :eek:
 
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Clock

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only dare to take a bet on small account, main account strictly follow the rule :s13:

still learning, may be will find a mentor if I earn the enough course fees

my finger also itchy. go and press sell usdjpy TP at 114.000 :s13:
 

Clock

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Must use longer time frame for direction.

RSI on daily chart is overbought 73.89%. Weekly chart 45.63%. Still have more room to run so will see daily movement and decide next course of action.

does the RSI indicators work on Gold ? or Gold is purely speculative due to USD ?
 

Mr.Canberra

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does the RSI indicators work on Gold ? or Gold is purely speculative due to USD ?

All forms of trading can use RSI as a reference. But overshooting is common when markets are in a frenzy mode. :s13:

Commodities and metals are all very speculative.

Commodities and metals are having a good run this week.
 
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Clock

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All forms of trading can use RSI as a reference. But overshooting is common when markets are in a frenzy mode. :s13:

Commodities and metals are all very speculative.

Commodities and metals are having a good run this week.

i see i see. thanks!
for gold, i see that it was way oversold last week based on the weekly chart... you think it will shoot up all the way till the final hour before Trump swears into office ?

Gold is very related with usd.... Follow one will do imo...

Sent from OPPO X9079 using GAGT

ya, thats why long gold short usdjpy right ?

naughty boy :vijayadmin: :s13:

heehee. i also press gold. :eek:
 
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