*Official* Forex Trading thread.

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Knight_Rider

Knight_Rider

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Mr.Canberra said:
USD/JPY position stucked since 16/12/2016. Jin sian no trigger action for almost 2 weeks liao! Only trades these past 2 weeks are "show hand" at UOB to buy physical gold. :D

Going Johor Bahru now to eat KFC and drink duty free beer at Ferry Terminal! No puke no come back Singapore! :s13:
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Today gap down return to resistance why never triple lot sell? Today low liquidity means big move. Big move then can huat. Mkt straight line some people think more safe to trade. I dun understand that logic.
 
Knight_Rider

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[M]aiev said:
Knight Rider, are you trained at Six Capital ?

:s22:
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For awhile yes. PT is very well train in EURUSD. His dukascopy spread very low so we can't use the same strategy. But his training on naked chart very good. It's a skill you can use anywhere. I only do Aussie Kiwi and Audjpy. News maybe USDJPY. My mentor only do Yen pair and Gold (including options)
 
Knight_Rider

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Mr.Canberra said:
Your USD/JPY position still stucked? :s13:
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Aiyah can buy small lot size at bottom and wait for the flow up then cancel off. Many methods you can use. 1 stuck trade no big deal. Important dun let the gap move too big before you hedge ( like 200 pips) or else you got too big a negative and the move might not hit target. Martingale 5 stuck trades I took 2 months to clear.
 
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Knight_Rider

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Actually leaving 1 stuck trade or 2 can be a good idea. This is a good indicator of where the market is going. 50 pip below you long 50 pip above you short no need to wait for trigger. Like my human martingale concept. 1 week see 1 time and continue eat KFC.
 
Knight_Rider

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rayzzzz82 said:
Usually the broker get their pricing from the liquidity pool. Financial institution such as bank are closed today. Its not weird that the broker close shop today too, especially for ecn and stp ( singapore one tho are market maker). Beside very seldom people will trade today. The liquidity is so thin. Price is subjected to high spread and slippage.
Click to expand...

Can means can cannot means cannot. Need the big fluctuation to trade

ry%3D400


Down I long up I short jiak both ways. Market straight line no movement I jiak simi? KFC arh?
 
awful999

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Knight_Rider said:
Actually leaving 1 stuck trade or 2 can be a good idea. This is a good indicator of where the market is going. 50 pip below you long 50 pip above you short no need to wait for trigger. Like my human martingale concept. 1 week see 1 time and continue eat KFC.
Click to expand...

already did that, today just clear one lot @117.42, long last week @117.06, but overall still stuck at 117.65.

I read somewhere that actually to average down for futures is a no,no, so I don't know am I doing the wrong move. My first position at 118.1, then I average down all the way to 117 and now average is 117.6
 
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