Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Help needed in OANDA + users from Malaysia 105 replies

Attachments: Malaysia
Exit Attachments

Malaysia

Quoting Malaysia
Uh Macroeconomics topic again. I love it! Let me explain this in a simple term.

Just imagine USD is seriously loosing value and Ringgit Malaysia strengthening so much. As we know... USA is our BIGGEST trade partner. Let say we are exporting "cincalok/belacan" over there. What would the price be? Of cause getting more expensive isn't it? Thus... lead to less demand. At the end hurting the factory producing "cincalok/belacan". One more thing... imagine what gonna cost US Investor to open up a factory here in Malaysia? With rising Currency rate against them... more expensive labour... They would think twice to make a business here.

Since Malaysia has no significant impact to the world economy scope. Take JAPAN for an example. The CAR manufacturing business. Can US consumer later on afford to buy Mitshubishi OR Nissan OR Toyota with the rising price? Thus... can't see much "drifting" action in USA :. Surplus and expensive is a recepy for disaster. Demand will deteriorate significantly. Japan will suffer.

It's a VISCOUS CYCLE / CIRCLE.
Owh okay.... Now i get a better picture, I do understand about supply and demand concept but when it comes to currency exchange and in how they should react in market condition sometimes make me confius.... I need to know a lil bit about FA as well since im not really focusing in it and even it wasnt effect my trade that much but i believe its good for my learning process..

Bdw, drawing a channel.. i think, supposedly the price projection for cable shoot be way to the north...

Take a look on this geepy 4H chart...

Attached Image (click to enlarge)
Click to Enlarge Name: gu tf4h.gif Size: 26 KB
no need to do charting lah today. market directionless (awaiting G7 result).. all ur t.a will end up in mess.. relax time today.
Quoting arinforex
no need to do charting lah today. market directionless (awaiting G7 result).. all ur t.a will end up in mess.. relax time today.
Im not bothering you i guess?
Quoting johnbaem
Owh okay.... Now i get a better picture, I do understand about supply and demand concept but when it comes to currency exchange and in how they should react in market condition sometimes make me confius.... I need to know a lil bit about FA as well since im not really focusing in it and even it wasnt effect my trade that much but i believe its good for my learning process..

Bdw, drawing a channel.. i think, supposedly the price projection for cable shoot be way to the north...

Take a look on this geepy 4H chart...
That's why I am so confuse now However... positions still at tolerable levels. Will decide to HEDGE if Cable manage to penetrate 50% Fibbo or 61.8% Fibbo from Yesterday HIGH LOW. That's depending on later PRICE ACTION.

After all... it's Friday today. Can be UP and Down with no reason... just Reflective Factor and profit taking. Looking at Medium and Long Term... I am still expecting BEARISH Market for CABLE based on my Fundamental Analysis so far.

p/s: With Inflation Report next week... Should be a very weak inflation or no inflation in the UK. Food Price report this week already shown NO INCREMENT at all. First time since... I don't know when.
p/s: With Inflation Report next week... Should be a very weak inflation or no inflation in the UK. Food Price report this week already shown NO INCREMENT at all. First time since... I don't know when.


Weak / no inflation..very good news for pound. Up we go.
Geepy on 4H...

Seems price incapable for breaking 50 fibo... strong price projection over the 61.8fibo will lead to the south...

Attached Image (click to enlarge)
Click to Enlarge Name: gj tf4h.gif Size: 24 KB
Quoting arinforex
p/s: With Inflation Report next week... Should be a very weak inflation or no inflation in the UK. Food Price report this week already shown NO INCREMENT at all. First time since... I don't know when.


Weak / no inflation..very good news for pound. Up we go.
Oppsss... weak / no inflation showing problem in economics growth. Thus more reason to cut Interest Rate further. Inflation should be at a healthy level. Not so much not so weak. Even worse is Deflation. Pound should fall down.

p/s: Inflation combine with deteriorating Economic growth (housing Bubble) ... caused STAGFLATION. This one also BAD.
I dont wanna take any risk and close all the position with 1 pip profits for cable after geepy hit SL at 30pips green. See ya on Monday...
Hi Malaysia..
My system was Bringin Sexy Stochastic , I got from Boxingislife thread. The system not the best, but my team trade only with that system, and only GU. So.. maybe we all have remembered the character (GU and Sexy). In my team I act as a system searcher .. so I will always find the best way to make profit. Now I just backtest old system that call BunnyGirl ( maybe u have heard? ).. Its indicator was only 3 lwMA , that cross each other (lwMA 5,20,and 100), RSI(14). I have backtest it for a week.. and it seems good for me.. now. I want to test it for 1-2 month before try to trading with it.
That all..

Assalamu'alaikum..

-Madito-
Quoting johnbaem
I dont wanna take any risk and close all the position with 1 pip profits for cable after geepy hit SL at 30pips green. See ya on Monday...
That's the best way....If you're not sure just stay out of the trade.....
Quoting Madito Mecha
Hi Malaysia..
My system was Bringin Sexy Stochastic , I got from Boxingislife thread. The system not the best, but my team trade only with that system, and only GU. So.. maybe we all have remembered the character (GU and Sexy). In my team I act as a system searcher .. so I will always find the best way to make profit. Now I just backtest old system that call BunnyGirl ( maybe u have heard? ).. Its indicator was only 3 lwMA , that cross each other (lwMA 5,20,and 100), RSI(14). I have backtest it for a week.. and it seems good for me.. now. I want to test it for 1-2 month before try to trading with it.
That all..

Assalamu'alaikum..

-Madito-
Go to this link to view poll about various type trading method. The Mauteki Trading Method being voted the best one. BunnyGirl also very popular.

http://www.forexfactory.com/showthread.php?t=8477

p/s: As for me... I am using my own method combining certain ideas given by members in here. Customized everything to suites my trading style.
Let the FALL begun?

http://www.fiendbear.com/SuperBear.jpg
Attached Image (click to enlarge)
Click to Enlarge Name: chart1070.PNG Size: 45 KB
Quoting Malaysia
Uh Macroeconomics topic again. I love it! Let me explain this in a simple term.

Just imagine USD is seriously loosing value and Ringgit Malaysia strengthening so much. As we know... USA is our BIGGEST trade partner. Let say we are exporting "cincalok/belacan" over there. What would the price be? Of cause getting more expensive isn't it? Thus... lead to less demand. At the end hurting the factory producing "cincalok/belacan". One more thing... imagine what gonna cost US Investor to open up a factory here in Malaysia? With rising Currency rate against them... more expensive labour... They would think twice to make a business here.

Since Malaysia has no significant impact to the world economy scope. Take JAPAN for an example. The CAR manufacturing business. Can US consumer later on afford to buy Mitshubishi OR Nissan OR Toyota with the rising price? Thus... can't see much "drifting" action in USA :. Surplus and expensive is a recepy for disaster. Demand will deteriorate significantly. Japan will suffer.

It's a VISCOUS CYCLE / CIRCLE.
8:30pm USD http://www.forexfactory.com/images/m...act_medium.gif Import Price Index m/m ??? 1.9% 0.2%

Related link regarding Import Export >>>

http://www.bls.gov/mxp/home.htm#publications

This is what I am talking about... see the expected Import Price Index... big change from 0.2% to 1.9%.
Hi everyone. how many of us are showing up at Sham's place tomorrow. At least have an idea how much food to bring and what time are most of you going to be there? Don't want to show up too early and bother our host
hi guys..today is HAPPY day to me. Just open LIVE mini account yesterday to test my ROBOT. Nearly 100% returned within 2 days.. Floating still got 70 pips in green. Maybe "kena belanjer u all nie". After this will try to LIVE normal account...
Attached Image (click to enlarge)
Click to Enlarge Name: EA new LIVE account.GIF Size: 34 KB
Quoting codox
hi guys..today is HAPPY day to me. Just open LIVE mini account yesterday to test my ROBOT. Nearly 100% returned within 2 days.. Floating still got 70 pips in green. Maybe "kena belanjer u all nie". After this will try to LIVE normal account...
Hi,
Yes that show again that robot dont have emotions Nice profit! Respect.
Quoting codox
hi guys..today is HAPPY day to me. Just open LIVE mini account yesterday to test my ROBOT. Nearly 100% returned within 2 days.. Floating still got 70 pips in green. Maybe "kena belanjer u all nie". After this will try to LIVE normal account...
Outstanding result! IF your robot can survive making profit for more than 2 years... you'll break the WORLD RECORD!!! So far I've never seen any robot can make profit constantly for a year the most. I've tested several of them... and only survive for a few months. I've heard that the longest surviving robot so far... survived for 2 years... then "kaput"... need re-modification.

You know why? When is the time you create that robot and testing it? What is market psychology environment that time? Where is the market turmoil coming from? Which country is in trouble? Which country is thriving strong? ... and all other factors to be considered that creating the movement of the market as we see now.... and as you creating the Robot.

What will happen next year... year after that... after that? Environment will change... market psychology will evolve accordingly.

Yes ROBOT don't have emotion. However... robot also can't detect environmental change and adapt itself to the change. Unless the robot is ... SUPER ROBOT... equipped with AI >>> Artificial Intelligent.

One thing I notice from that ROBOT is... SL 50pips and TP 15pips Hmmmmm...... 2 consecutive loss will wipe out 6 winnings.

Sorry Codox... not my intention to give a bad comment... just wanna make you more successful. As long as the robot is making money... Keep on using it. Once the robot is broken (start loosing money)... try to modify the parameter so that the Robot can adapt to the new environment.

I am speaking based on my experience... they all looks nice in the beginning.
Quoting cappalz
http://i107.photobucket.com/albums/m...x/gj110408.jpg

http://i107.photobucket.com/albums/m...forex/tt-2.gif

just want move my journey in learning.... the more comment... the more i learn.....http://www.forexfactory.com/images/icons/icon10.gif
the bottom come out... close already all position with 267 pip on green...

just wait the candle n confirmation to swing back.. if s1 on daily pivot break we gonna see surprise point b4 we go back to uptrend again... just my 2 cent opinion....
Quoting cappalz
the bottom come out... close already all position with 267 pip on green...

just wait the candle n confirmation to swing back.. if s1 on daily pivot break we gonna see surprise point b4 we go back to uptrend again... just my 2 cent opinion....
Nice one
Quoting Malaysia
Outstanding result! IF your robot can survive making profit for more than 2 years... you'll break the WORLD RECORD!!! So far I've never seen any robot can make profit constantly for a year the most. I've tested several of them... and only survive for a few months. I've heard that the longest surviving robot so far... survived for 2 years... then "kaput"... need re-modification.

You know why? When is the time you create that robot and testing it? What is market psychology environment that time? Where is the market turmoil coming from? Which country is in trouble? Which country is thriving strong? ... and all other factors to be considered that creating the movement of the market as we see now.... and as you creating the Robot.

What will happen next year... year after that... after that? Environment will change... market psychology will evolve accordingly.

Yes ROBOT don't have emotion. However... robot also can't detect environmental change and adapt itself to the change. Unless the robot is ... SUPER ROBOT... equipped with AI >>> Artificial Intelligent.

One thing I notice from that ROBOT is... SL 50pips and TP 15pips Hmmmmm...... 2 consecutive loss will wipe out 6 winnings.

Sorry Codox... not my intention to give a bad comment... just wanna make you more successful. As long as the robot is making money... Keep on using it. Once the robot is broken (start loosing money)... try to modify the parameter so that the Robot can adapt to the new environment.

I am speaking based on my experience... they all looks nice in the beginning.
thanks for your advise.. yup i also agree with u. Normally i also still prefer manual trading as give me good life.. ROBOt is not a human which can thinking at different environment. I just designed it for my friend that always lost . Although he's have experience & knowledge but greedy is the main problem.
Since my ROBOT give me good profit I'll use it for mini account only.
0 traders viewing now