*Official* Forex Trading thread.

[Knight_Rider]

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

UJ no hope liao

 

[ExtremeWays]

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

How r u brother? Still trade index?

 

[awful999]

UJ no hope liao

no hope as in which way ? may be stay sideline now better

 

[awful999]

How r u brother? Still trade index?

I am fine, how about you ? Yes I still trade Simsci and taiwan index and main income from both of them

 

[lovesleeping1981]

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

How long have you been trading full time?

 

[xersion]

Long UJ.. No fear

Sent from OPPO X9079 using GAGT

 

[awful999]

Long UJ.. No fear

Sent from OPPO X9079 using GAGT

wa bro come to here too liao

 

[lovesleeping1981]

Long UJ.. No fear

Sent from OPPO X9079 using GAGT

I can't see any indication of where it would go.

Please share what you see that made you decide to go long. I like to learn.

 

[Knight_Rider]

Long UJ.. No fear

Sent from OPPO X9079 using GAGT

Weekly 3 black crow at 101.47

Be afraid be very afraid.

 

[edwardZ]

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.

i support No stop loss ...i still remember last time when i started forex earlier this year april, i always set stop loss and at night didnt sleep well ...now i level up abit and all my trades just run without stop loss haha just dont open too many positions and keep good amount of margin in the account

 

[Mr.Canberra]

Long UJ.. No fear

Wow long time no see!

 

[Mr.Canberra]

How long have you been trading full time?

Many years for physical cash trading. Specialising in USD/SGD and SGD/CNY. Doing the old school way by learning Forex fundamentals before crossed over to electronic trading.

Just over a year for electronic trading and loving it learning how to short. Physical cash trading you cannot short haha. Picked up rather quickly due to years of learning how Forex works via physical cash trading.

 

[Mr.Canberra]

i support No stop loss ...i still remember last time when i started forex earlier this year april, i always set stop loss and at night didnt sleep well ...now i level up abit and all my trades just run without stop loss haha just dont open too many positions and keep good amount of margin in the account

Good to see a no stop loss fan around here haha. Are you a GBP/USD flash crash survivor like me?

Yes in the beginning you will have some sleepless nights. But once you understand how Forex behaves you will put this behind your worries.

Maintain used margin of 50% is pretty conservative and safe.

Stops hunters love triggering stop loss positions. I am sure you guys have come across sudden price spikes or crashes especially at intraday low or high levels. Those are stops being triggered.

Once stops are triggered you quickly open a position that is opposite of price movement. High chance to make some quick pips but you must close hastily once you catch a few pips. For standard lot a 5 pips profit = US$50. This is how you earn a fast KFC profit. I love it when stops are triggered haha.

Remember this Forex punting is the same as fishing. Sometimes you catch nothing or only ikan bilis for hours on end. Small or big fish just kio because your pail will start to pile up eventually. Consistency is the key.

 

[Mr.Canberra]

USD/CHF

Unable to scalp today as limited access to wifi. Set a buy/sell stop order and made another 11 pips profit. Quick US$110 in 4 hours haha. Good call.

Buy 0.9689
Sell 0.97

Total gains for today is currently US$135.76 Din Tai Fung profit.

 

[xersion]

Run with 5pips profit... Just long again

Sent from OPPO X9079 using GAGT

 

[Perisher]

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

 

[xersion]

Mop clock post by posting smiley.... Ban ban ban

Sent from OPPO X9079 using GAGT

 

[lovesleeping1981]

Many years for physical cash trading. Specialising in USD/SGD and SGD/CNY. Doing the old school way by learning Forex fundamentals before crossed over to electronic trading.

Just over a year for electronic trading and loving it learning how to short. Physical cash trading you cannot short haha. Picked up rather quickly due to years of learning how Forex works via physical cash trading.

Physical cash trading? Meaning you bring your wads of cash to **** money exchange shops in Chinatown to change currency???

 

[Mr.Canberra]

Physical cash trading? Meaning you bring your wads of cash to **** money exchange shops in Chinatown to change currency???

Yes the days of non leveraging are tough.

 

[lovesleeping1981]

Yes the days of non leveraging are tough.

Wtf.... salute you.