*Official* Forex Trading thread.

[Knight_Rider]

Wah nzd pair today all drop.

I already said die cork stand. Very big hint already. But many fail to capitalize.

 

[marknewlife]

Scalping NZD/USD and USD/CHF.

Total gains for today is currently US$128.28 Din Tai Fung profit.

USDCHF continue up
is this the worrk of invisible hand?

almost reaching KFC profit.

 

[lovesleeping1981]

I already said die cork stand. Very big hint already. But many fail to capitalize.

Ya I capitalises half of the drop only and closed it last night. This morning 8am dropped further!!

 

[Mr.Canberra]

USDCHF continue up
is this the worrk of invisible hand?

almost reaching KFC profit.

Was out socialising last night with clients. As always they made me drunk!

Yesterday my stucked USD/CHF long position closed out with US$59.00 profit. Also this morning my stucked NZD/USD short position closed out with US$33.00 profit due to the plunge. Someone brought me luck.

Catching up with last night's news. I think huge moves last night due to Uncle Trump's government shutdown comments thingy. My call was correct as political noise will cause some volatility but the fundamentals are still right on track. Just some temporary price action.

Just open long positions for both NZD/USD and USD/CHF. NZD/USD already plunged 50 pips. No brainer long position punting.

 

[Mr.Canberra]

NZD/USD, USD/CHF

Scalping NZD/USD and USD/CHF.

Total gains for today is currently US$93.96 KFC profit.

 

[Mr.Canberra]

NZD/USD, USD/CHF

Scalping NZD/USD and USD/CHF.

Total gains for today is currently US$139.44 Din Tai Fung profit.

 

[Knight_Rider]

???????????

 

[xersion]

???????????

Heeheehee

Sent from OPPO X9079 using GAGT

 

[Knight_Rider]

Heeheehee

Sent from OPPO X9079 using GAGT

Chief whole day move 10 plus pips must be GOD to be able to scalp some profit because kiwi move 80 pips also guess wrong direction.

 

[Mr.Canberra]

NZD/USD, USD/CHF

Just open long positions for both NZD/USD and USD/CHF. NZD/USD already plunged 50 pips. No brainer long position punting.

Both positions tio stucked! No profit since last post.

 

[edwardZ]

Both positions tio stucked! No profit since last post.

same here...i managed to long position again when it fell lower so as to make up for loss profit from yesterday

 

[edwardZ]

today and tomorrow is the jackson hole event, maybe more volatility ahead

recently the gold always chiong 1290 when US wake up and buang when Asia wake up some cai png profits for those who play gold haha

 

[Mr.Canberra]

same here...i managed to long position again when it fell lower so as to make up for loss profit from yesterday

Sian mine still stucked.

today and tomorrow is the jackson hole event, maybe more volatility ahead

recently the gold always chiong 1290 when US wake up and buang when Asia wake up some cai png profits for those who play gold haha

Yes I am eager to hear Yellen jie jie making a speech tomorrow night.

25/08/2017 10:00pm SGT: Yellen jie jie
26/08/2017 03:00am SGT: Mario bro

Do update us on gold punting tips.

 

[Mr. Wood]

Hi all,
ask qn:
1 standard lot is 100k
lets say leverage 1:100, so my 1 lot is $1000 rite?

 

[Mr.Canberra]

Margin

1 standard lot is 100k

lets say leverage 1:100, so my 1 lot is $1000 rite?

Big lot = bigger profit/loss = bigger risk. So try to fast in and fast out if you can.

Yes your used margin will be US$1000 if you open a standard lot (US$100,000) contract. Take note your leverage ratio of 100:1 is on the high side.

When you play a bigger lot amount you need to conduct your own margin stress test. If you are kiasu have 3-5 times the amount of used margin. So in this case your account should maintain an amount of US$3000-5000.

FLASH SPIKE/CRASH SCENARIO

If you use an overseas based broker you may not have the privilege of margin call by broker for top up. Once your account burst it will auto close and all balance wiped out and you may still owe your broker money if any.

Unless you have a guarantee stop loss account if not when a flash crash/spike happens the broker may makan you gao gao at the lowest/highest price point it crashed/spiked and not at your stop loss limit. But if you play NO STOP LOSS like me then this is not a problem!

Currently I have a total of US$280,000 worth of contracts with used margin at around 50%. Unless WW3 happens otherwise it will be sufficient to withstand 1000-2000 pips flash crash or spike.

I have banned myself from touching GBP pairs as the chances of flash crashes are high. Lost money on GBP several times. Pui pui pui!

 

[Mr. Wood]

Big lot = bigger profit/loss = bigger risk. So try to fast in and fast out if you can.

Yes your used margin will be US$1000 if you open a standard lot (US$100,000) contract. Take note your leverage ratio of 100:1 is on the high side.

When you play a bigger lot amount you need to conduct your own margin stress test. If you are kiasu have 3-5 times the amount of used margin. So in this case your account should maintain an amount of US$3000-5000.

Then moi ish better start small. play play mini or micro 1st.

FLASH SPIKE/CRASH SCENARIO

If you use an overseas based broker you may not have the privilege of margin call by broker for top up. Once your account burst it will auto close and all balance wiped out and you may still owe your broker money if any.

Unless you have a guarantee stop loss account if not when a flash crash/spike happens the broker may makan you gao gao at the lowest/highest price point it crashed/spiked and not at your stop loss limit. But if you play NO STOP LOSS like me then this is not a problem!

Currently I have a total of US$280,000 worth of contracts with used margin at around 50%. Unless WW3 happens otherwise it will be sufficient to withstand 1000-2000 pips flash crash or spike.

I have banned myself from touching GBP pairs as the chances of flash crashes are high. Lost money on GBP several times. Pui pui pui!

Ohhh.... noted. stay away from Gbp.
thank u many many.

 

[Jedihan]

Big lot = bigger profit/loss = bigger risk. So try to fast in and fast out if you can.

Yes your used margin will be US$1000 if you open a standard lot (US$100,000) contract. Take note your leverage ratio of 100:1 is on the high side.

When you play a bigger lot amount you need to conduct your own margin stress test. If you are kiasu have 3-5 times the amount of used margin. So in this case your account should maintain an amount of US$3000-5000.

FLASH SPIKE/CRASH SCENARIO

If you use an overseas based broker you may not have the privilege of margin call by broker for top up. Once your account burst it will auto close and all balance wiped out and you may still owe your broker money if any.

Unless you have a guarantee stop loss account if not when a flash crash/spike happens the broker may makan you gao gao at the lowest/highest price point it crashed/spiked and not at your stop loss limit. But if you play NO STOP LOSS like me then this is not a problem!

Currently I have a total of US$280,000 worth of contracts with used margin at around 50%. Unless WW3 happens otherwise it will be sufficient to withstand 1000-2000 pips flash crash or spike.

I have banned myself from touching GBP pairs as the chances of flash crashes are high. Lost money on GBP several times. Pui pui pui!

Biggest win on gbp in a day. 5K on 5 lots. Biggest loss on gbp 8K on 8 lots. All real cash. No paper gain or loss. Gbp is really insane.

 

[Mr.Canberra]

GBP

Ohhh.... noted. stay away from Gbp.
thank u many many.

Biggest win on gbp in a day. 5K on 5 lots. Biggest loss on gbp 8K on 8 lots. All real cash. No paper gain or loss. Gbp is really insane.

The 7th October 2016 GBP/USD flash crash is damn epic! I still remember that day when I woke up and check my account. I thought software tio virus is it?!

Insane is an understatement.

https://www.bloomberg.com/news/arti...1-percent-in-biggest-drop-since-brexit-result

It was about 800 pips flash crash. That is why when I conduct my own margin stress test I set a generous 1000-2000 pips as thresholds. Maybe only when have WW3 the crash will be 5000 pips haha!

 

[Mr.Canberra]

All so quiet. Must be positions tio stucked.

 

[Knight_Rider]

All so quiet. Must be positions tio stucked.

If you post screenshots of your KFC profit everyday maybe more will follow. Then your entry and exit points will sound more convincing.

Oh I no need to increase post count by letting people know I scalp audjpy everyday. And HWZ first rule