Lowyat.NET: Latest posts in Forex Trading Corner

Post #2508

firedauz — Mon, 04 Feb 2008 12:27:27 +0800

We've reached over 2500 posts for V1.

V2 --> http://forum.lowyat.net/topic/625840

Post #2507

normeck — Mon, 04 Feb 2008 12:25:04 +0800

report from me... sharing is caring...
what is swing trader?....

Post #2506

low yat 82 — Mon, 04 Feb 2008 12:18:45 +0800

QUOTE(Quincy @ Feb 4 2008, 12:07 PM)

Yeah, Im swing trader/medium term.

using ATR indicator for stoploss also can be good for short term trading.
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hmm... yar.. 1 of the way also... turtle trader? ^.^

Post #2505

Quincy — Mon, 04 Feb 2008 12:07:56 +0800

QUOTE(low yat 82 @ Feb 4 2008, 11:53 AM)

ooo... so i guess u r swing trader?

btw, tight stop loss is usually used by them doin short term tradin..
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Yeah, Im swing trader/medium term.

using ATR indicator for stoploss also can be good for short term trading.

Post #2504

low yat 82 — Mon, 04 Feb 2008 11:53:42 +0800

QUOTE(Quincy @ Feb 4 2008, 11:35 AM)

There is a different between you and billytong playing without stoploss. From billytong post, considering he can withstand large drawdown, that mean he is using sound money management or he have large capital. Thats why he can trade without using stoploss.

As for me, im using stoploss alright, but not the usual stoploss that most people use. Mostly they are using small stoploss (around 30 pips or so) and is a constant stoploss (every trade set SL to 30 pips.) Mine have large stoploss (or I could say as hardstop) and the value depends on what the market tells me.
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ooo... so i guess u r swing trader?

btw, tight stop loss is usually used by them doin short term tradin..

Post #2503

Quincy — Mon, 04 Feb 2008 11:35:56 +0800

QUOTE(normeck @ Feb 4 2008, 10:21 AM)

PO = pending order....
about stop lost...i also dont play that s/L...i take profit and in my term "tapau"....i always tapau back when it goes negative ...seldom used stop lost...like billy said...
i just said S/L because almost everybody playing S/L...

for now i "tapau" GJ from 209.xx.....2 lot somemore...wakakakak!!!
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Post #2502

jack2 — Mon, 04 Feb 2008 10:48:37 +0800

QUOTE(normeck @ Feb 4 2008, 10:21 AM)

You short GJ ka?

Post #2501

normeck — Mon, 04 Feb 2008 10:21:52 +0800

Post #2500

billytong — Mon, 04 Feb 2008 09:28:44 +0800

QUOTE(normeck @ Feb 3 2008, 11:21 PM)

u can thread during news..but using SL or PO....is it correct billy?
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First of all, I dont use stop loss, because I can easily make back the money I loss should I take wrong direction trades. I have close a few trades that go -negative 100 to 600 pips then come back with profits when EU come back down. But then thats my style of playing. I only take loss when I think I should. For news, it is either I take a trade @ good price b4 the news or when I see some opportunity 5-30minutes after the news, I usually dont take a trade WHEN the news come out. And what is PO?

QUOTE(low yat 82 @ Feb 3 2008, 11:25 PM)

@billytong, mind giv us ur 2cents for GU? need to noe wats really goin on for GU
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Like I said in Long term GU is going down.BOE will be cutting rates. But I dont play GU much + the USD is still crap, FED also cutting rates so both GBP & USD is weak.
So @ 1.96xx I wasnt confident to short it. But if above 2.00 YES, GU isnt worth more than 1.97

QUOTE(jack2 @ Feb 4 2008, 08:11 AM)

IF not mistaken = $250
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It is 300 not 250.

Post #2499

normeck — Mon, 04 Feb 2008 09:17:06 +0800

mini = $300

Post #2498

jack2 — Mon, 04 Feb 2008 08:11:55 +0800

QUOTE(jenny03 @ Feb 4 2008, 06:02 AM)

how much need to deposit inside FXCM before i can start trade?
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IF not mistaken = $250

Post #2497

jenny03 — Mon, 04 Feb 2008 06:02:03 +0800

how much need to deposit inside FXCM before i can start trade?

Post #2496

low yat 82 — Sun, 03 Feb 2008 23:25:01 +0800

QUOTE(normeck @ Feb 3 2008, 11:21 PM)

u can thread during news..but using SL or PO....is it correct billy?
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bkful if u trade durin news.. u might get fill diffrent from d price u wan also d spreads might b higher...

QUOTE

btw, it is forecasted there shud got 1 buyin opportunity around 6 february2008... but i dunno how strong this 1 will b...

hmm... seems like i need to revise d buyin point... it looks like less than 6february...

@billytong, mind giv us ur 2cents for GU? need to noe wats really goin on for GU

Post #2495

normeck — Sun, 03 Feb 2008 23:21:47 +0800

u can thread during news..but using SL or PO....is it correct billy?

Post #2494

low yat 82 — Sun, 03 Feb 2008 23:18:19 +0800

QUOTE(jack2 @ Feb 3 2008, 11:12 PM)

Hmmmm.... it can be seen from the report. Btw, I do not trade during news. Risky.
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since u said its new method for u, then i think it might b good if u noe wat is d moment ur method does d best performance

Post #2493

jack2 — Sun, 03 Feb 2008 23:12:38 +0800

QUOTE(low yat 82 @ Feb 3 2008, 10:46 PM)

mind tell me more ab it? got islamic also ka?? can show me d link?

[addedon]February 3, 2008, 10:48 pm[/addedon]
u might wan to write down d time n date u do d trade.. n also d announcement at that time... it can b usefull next time
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Hmmmm.... it can be seen from the report. Btw, I do not trade during news. Risky.

Post #2492

low yat 82 — Sun, 03 Feb 2008 22:46:51 +0800

QUOTE(normeck @ Feb 3 2008, 07:00 PM)

i just talk with FXCM live chat....
its have Islamic account...no swap and no rollover...

billy...FXCM got trade 0.1 lot aaa?...FXCM said 1 pip = $1...i think with $300..i dont have a chance to used my method....hmmm
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mind tell me more ab it? got islamic also ka?? can show me d link?

[addedon]February 3, 2008, 10:48 pm[/addedon]

QUOTE(jack2 @ Feb 3 2008, 08:30 PM)

Last week I tested one new method, out of the 26 trades traded, all were in profits with no loss. Closed and earned total 124 pips.
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u might wan to write down d time n date u do d trade.. n also d announcement at that time... it can b usefull next time

Post #2491

normeck — Sun, 03 Feb 2008 21:24:49 +0800

QUOTE

Define what your 0.1 lot is? if 0.1 lot = 10000 = 1 mini lot, then it is 1 pip = $1. So whats the problem there? Unless you mean micro lot.

hmmm....maybe micro lot...cause im open Fxopen micro account...can trade 0.1 lot...

Post #2490

jack2 — Sun, 03 Feb 2008 20:30:06 +0800

Last week I tested one new method, out of the 26 trades traded, all were in profits with no loss. Closed and earned total 124 pips.

Post #2489

Quincy — Sun, 03 Feb 2008 19:37:14 +0800

QUOTE(normeck @ Feb 3 2008, 07:00 PM)

Define what your 0.1 lot is? if 0.1 lot = 10000 = 1 mini lot, then it is 1 pip = $1. So whats the problem there? Unless you mean micro lot.

[addedon]February 3, 2008, 7:38 pm[/addedon]

QUOTE(kambing_hebat @ Feb 3 2008, 03:35 PM)

hm.....would like to no which broker accept debit card n using metatrader.

n also....i hav tried the fxcm demo..... the problem is..
wen i open the fxcm and the metatrader platform, and while comparing it side to side,
the value of the currency are not same.
the fxcm demo is linked to the live trading or not??

newbie.........
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Of course it is not the same. Try comparing other broker as well.
This because of the spread and price data feed they get are a bit different.