*Official* Forex Trading thread.

[awful999]

My long term target of GU reaching 1.33 coming soon

Posted with LG-H815 via PCWX

that mean you huat big liao

 

[ExtremeWays]

Anyone trading sing dollar? The pair strengthening soon?

 

[subprimelive]

Last night started to price in already. Dollar demand coming back.

By the time during data release the impact is limited.

Remember this all bets are forward looking. Few days before dig trench and take position liao.

Price in means the big boys know how good Or bad the NFP? How they know?

 

[ExtremeWays]

Price in means the big boys know how good Or bad the NFP? How they know?

Banks have their own network mah. U first day trading fx?

 

[ExtremeWays]

Forex is my passion. Want to do something do it all the way. Not half baked.

Reason I chose Forex rather than stocks because I can arbitrage with Forex and maintain my lifestyle and purchasing power. It drives me harder when I know my next frequent vacation is round the corner.

You can see the timings of my posts and can ask the regular posters here on my trading habits and strategy.
Very consistent with what I have presented.



Yes it helps if you are well versed in 3rd person shooter games such as Counterstrike.

For those who want to play no stop loss strategy. You must pass the -1000 pips (US$1000) test. See your heart strong enough or not.

I slowly train for 1 year then have today's appetite. As of now I am down with -US$4207.



You need to train your heart first. Once the zen sets in. Smooth sailing. Any big storm come your boat rocking steady but will not sink.

Have ample margin and survive more flash spikes/crashes. What does not kill you will make you stronger haha!



Every individual needs to find their own strategy that works for them.

I guess your trick is to make sure your losses are unrealized in hope you have enough margin to tide through?

 

[lovesleeping1981]

Which currency pair?

Maybe I can offer my 2 cents opinion haha.

Aud/jpy long. Entered at 12pm yesterday.

 

[subprimelive]

Banks have their own network mah. U first day trading fx?

yes i am newbie. didn't know there are such networks where big boys can gain information advantage over retail people. any other things which big boys have advantage over I neeed to know for fx trading?

 

[awful999]

prata lai liao, USD bull for a while then suddenly become bear...trump again !!

 

[lovesleeping1981]

prata lai liao, USD bull for a while then suddenly become bear...trump again !!

Market always prata here and there to makan your stop losses.

 

[only_lonely]

Have! Bloomberg Terminal subscription if you can afford!

I got Bloomberg account. but not terminal. can.login apps and view data and news.
is that same? teach me where to dig best info.

 

[only_lonely]

which broker or platform u guys use for trading?

 

[ExtremeWays]

yes i am newbie. didn't know there are such networks where big boys can gain information advantage over retail people. any other things which big boys have advantage over I neeed to know for fx trading?

Offshore rates and onshore rates......

They are different

 

[ExtremeWays]

Offshore rates and onshore rates......

They are different

Banks make money from good spread

Better to do longer term trade fof good profit.

 

[Mr.Canberra]

I have mentioned many times. You have to understand how the market works and then act accordingly. Price action will come full circle in the process of hunting all the stops for liquidity. This is why I do the following.

1) Arbitrage
2) No stop loss

Learn how the big boys make money and in the process try to earn a bit of KFC/Din Tai Fung profits by swimming along with the big sharks. With safety buffer zone of course.

 

[lovesleeping1981]

I have mentioned many times. You have to understand how the market works and then act accordingly. Price action will come full circle in the process of hunting all the stops for liquidity. This is why I do the following.

1) Arbitrage
2) No stop loss

Learn how the big boys make money and in the process try to earn a bit of KFC/Din Tai Fung profits by swimming along with the big sharks. With safety buffer zone of course.

How much is your "big win" amount?

I know your KFC amount is $100+/-.

Or your targetted win is always $100+/-?

 

[Mr.Canberra]

How much is your "big win" amount?

I know your KFC amount is $100+/-.

Or your targetted win is always $100+/-?

Cai Png profit US$1-9
KFC profit US$10-99
Din Tai Fung profit US$100-499
2 Star Michelin profit US$500-999
3 Star Micelin profit US$1000 & above

 

[awful999]

Cai Png profit US$1-9
KFC profit US$10-99
Din Tai Fung profit US$100-499
2 Star Michelin profit US$500-999
3 Star Micelin profit US$1000 & above

Wa, that mean today just got one 2 Star Michelin from Taiwan future index due to a lucky flash crash this morning, very heng

 

[Mr.Canberra]

USD/CHF

Scalping USD/CHF.

Total gains for today is currently US$25.76 KFC profit.

Scalping is inconvenient when I am away from my trading desk.

 

[Mr.Canberra]

I got Bloomberg account. but not terminal. can.login apps and view data and news.

is that same? teach me where to dig best info.

Different lah. The paid subscription one is very expensive. Only million dollar traders, trading houses and banks can afford.

Can. One KFC jumbo meal as course fee.

 

[Mr.Canberra]

AUD/JPY

Aud/jpy long. Entered at 12pm yesterday.

Upside is limited. AUD strength is fading.