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Help needed in OANDA + users from Malaysia 105 replies

Attachments: Malaysia
Exit Attachments

Malaysia

Wah!!! Good discussion going on here... oh well... all been discussed in this thread before if you were here since page 1. What to do... and what not to do during trading. We just revisited the matters again and again to keep on reminding ourselves. It's good to remind each others... and also ourselves... sometimes I also drifted away... once a while... healthy reminders are always good

Being quite long in this business... I would like to share something else. From my observation:

1) I used to have HEDGING systems before... not really making money out of it... and I did remind people not to HEDGE because it's bad (from my experience... it's bad). However, I've seen traders really making money out of it. So... I am not right in this.

2) I've seen traders making money out of Intraday Trading and Scalping ... and then telling people that Long term trading is not that good. And yet I also seen traders using Long Term system making money and telling people that using short term time frame not good. I see... both are right as long as making that money growing.

3) I don't belive in Robot Trading and 100% relying on EA... and yet there are traders out there making money out of robot trading.

4) Some people clutered their chart with many indis... some just keep it simple... and yet both can profit and both can lose.

5) Money Management is another thing... some used strict MM and some use flexible MM. Both can profit and both can lose... it's just a matter of "how fast". I beleive this is a personal preference just like money in our wallet... different people with different ways on how to spend it.

6) etc... etc...

Conclusion: I belive there's no right or wrong in trading. As long as you know how to cut loss immidiately as soon as you realised that the market turns against you. As long as you don't turn Profit into Loss. As long as you keep banked in those green pips. Just Minimized Loss ... Maximised Profit.

You can enter anywhere in the market... your EXIT will determine either you win big or lose big... win small or lose small. Know how to enter and MUST know how to exit.

One last thing... in FOREX... I strongly belive that bad experiences and mistakes that a traders personally experinced will teach him/her to evolve. Learn from mistakes is the key. Just got to keep on improvising and perfecting whatever system you've got until you are really comfortable with it and keep on bringing in more profit than loss.

It's all a matter of PERSONAL PREFERENCE.
Who could have thought and predicted CABLE could drop more than 1000pips within a day last Friday?

No one!
Good advice Sham.
Sat
Oct 25

8:00pm CHF Daylight Saving Time Shift
8:00pm EUR Daylight Saving Time Shift
9:00pm GBP Daylight Saving Time Shift


DAY LIGHT SAVING just been changed. Please notice that LONDON open no more at 3pm Malaysian time. LONDON open now is at 4pm Malaysian time.

p/s: No trade for me on Monday... just wanna watch the action after the heavy storm. Does the storm subside yet or more to come... .... Last Friday... Price moved more than 100pips up/down in a few mins. Scary

p/s2: Normally after a big earthquake ... there will be consecutive earthquakes or tremors will follow through.
Woahh...

Its been a long not really in here and i can see G33Maroon givin insightful tot! Cayalah bro! N for all the senior thanks for the advise..

Currently ill glue on tv watching reds on action while surfin at the same time.. Good advise and stong explanation for each points mr maroon.. It takes really much effort, discipline and guts to really stick in this industry. while market in the chaotic scenarios.. much time i spent to watch the action from the big gun.. how they treat the market n how robust it can be..

I meet up with my funder back at the mall early this morning and i do advise him as well on the current scenarios while giving him some tips for the real action.. he said that his gonna be lost and his friend is only telling that forex can give you money by not telling the risk you should anticipated from it.. i do guide him from time to time where i also want him to do the trade on its own when the time comes..

its easy to here people said that its way of making money by not realizing the risk at the same time.. ill keep watching action from inside.. the japanese herbs is really doing great on me..

p:S- still confusing how cable can react robustly around this corner.. OPEC shall do something on the oil pricing..

p:s:S- dude, my title advise from senior goes to old timer in here.. not me weyh!
Quoting tokwanden
Sorry guys, I just cant stop myself too...............

p/s : Panjang nyeee macam karangan lah pulak kan, bukan abang long cuma nak tolong. Itupun kalau hendak terimalah. Kalau tak hendak apa boleh buat lah.



tokwanden...

hang mmg ziana zain tul.. i never recommends anything. just sharing my insight with everybody. anyway, you got almost everything what i want to say..mmg hang ziana zain tul... cuma satu, "be flexible, be smart". u nak guna "ent*t-ent*t lari" ke.. nak be a long term economist or fundamentalist ke.. up to you..... your monthly statement is yours.... isk, hang ni..tak puas ati tul ler...memang u ziana zain tul lah....

btw, i thank you all if you think i already helping you at least a little bit.

p/s: johnbeam, minyak dah turun ler.. the last time i saw was about 62.xx. tuh.. tokwanden... bewok!
I am bored..
Quoting Malaysia
Sat
Oct 25


DAY LIGHT SAVING just been changed. Please notice that LONDON open no more at 3pm Malaysian time. LONDON open now is at 4pm Malaysian time.
ah, thanks for the notice sham, i'm a real jelly brain in this DST thingy!
Quoting G33maroon
tokwanden...

hang mmg ziana zain tul.. i never recommends anything. just sharing my insight with everybody. anyway, you got almost everything what i want to say..mmg hang ziana zain tul... cuma satu, \"be flexible, be smart\". u nak guna \"ent*t-ent*t lari\" ke.. nak be a long term economist or fundamentalist ke.. up to you..... your monthly statement is yours.... isk, hang ni..tak puas ati tul ler...memang u ziana zain tul lah....

btw, i thank you all if you think i already helping you at least a little bit.

p/s: johnbeam, minyak dah turun ler.. the last time i saw was about 62.xx. tuh.. tokwanden... bewok!
Sorry bang.. I never mean to speak out your mind. Just sharing my insigth of yours. Hope you dont mind.

p/s: tuh... aku dah edit dah post tuh kasi nampak cantik cam Ziana Zain. O.k lah tuh...
Go figure.. Simplicity work
Quoting tokwanden
Sorry bang.. I never mean to speak out your mind. Just sharing my insigth of yours. Hope you dont mind.

p/s: tuh... aku dah edit dah post tuh kasi nampak cantik cam Ziana Zain. O.k lah tuh...
ops abg long already reply hehe

aku tak marah hang ...tuh ...johnbaem tuh... bewok!

anyway, you insight is better than mine. mine? berterabur cam juga ziana zain hehe. ops lupa patut you have to add... if got into a trade, but dont know why in a matter of few minutes, suddenly collapse..-ve..kaput.. better dont wait for your "hard stop" be hit. hard stop i mean stop we set early..tulih kat buku..kita tau dia tgh collapse, jgn dok tengok sambil berdoa and dia pelan² come and hentam stop kita. hehe tuh je..

dont worry.. G33maroon is the ziana zain. bye..boring dah main internet!

p/s:
1. i like your wise man word especially those in red----> Remember that it is fine to trade less frequently than everyone else. If 90% of forex traders will fail it is because many of these traders have ‘an itch’ to trade and feel that they need to be making many trades to make good money. Do not be like them. Select the best set up and aim for longer time frames if you want to gain money.

2. sempena bulan syawal ni, i just want to again..minta maaf minta ampun byk² sekiranya terkasar bahasa. some words may sound so vulgar etc..but its all jokes... what i said is all with good intention as i never ask for a cent from you.. only you time to think about what i said. if i happen to be in our tanahair and having free time, i have no prob to trade live and tukar² pendapat with any of you as it would be easier to question or answer which will minimise any misunderstanding.

I am bored..
morning guys, Happy Deepavali..
At this moment, I'm looking forward market to perform corrective subwave 4 (yellow or white) before expecting for another bearish continuation to complete subwave 5 in 5. Please be noted that subwave 5 in 5 later could be either a truncated wave (yellow or white) or an impulsive wave (magenta). Otherwise we may see a further bearish continuation according to the alt count in magenta. Good luck.
Attached Image (click to enlarge)
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Quoting Malaysia


Being quite long in this business... I would like to share something else. From my observation:

1) I used to have HEDGING systems before... not really making money out of it... and I did remind people not to HEDGE because it's bad (from my experience... it's bad). However, I've seen traders really making money out of it. So... I am not right in this.

2) I've seen traders making money out of Intraday Trading and Scalping ... and then telling people that Long term trading is not that good. And yet I also seen traders using Long Term system making money and telling people that using short term time frame not good. I see... both are right as long as making that money growing.

3) I don't belive in Robot Trading and 100% relying on EA... and yet there are traders out there making money out of robot trading.

4) Some people clutered their chart with many indis... some just keep it simple... and yet both can profit and both can lose.

5) Money Management is another thing... some used strict MM and some use flexible MM. Both can profit and both can lose... it's just a matter of \\\"how fast\\\". I beleive this is a personal preference just like money in our wallet... different people with different ways on how to spend it.

6) etc... etc...

Conclusion: I belive there's no right or wrong in trading. As long as you know how to cut loss immidiately as soon as you realised that the market turns against you. As long as you don't turn Profit into Loss. As long as you keep banked in those green pips. Just Minimized Loss ... Maximised Profit.

You can enter anywhere in the market... your EXIT will determine either you win big or lose big... win small or lose small. Know how to enter and MUST know how to exit.

One last thing... in FOREX... I strongly belive that bad experiences and mistakes that a traders personally experinced will teach him/her to evolve. Learn from mistakes is the key. Just got to keep on improvising and perfecting whatever system you've got until you are really comfortable with it and keep on bringing in more profit than loss.

It's all a matter of PERSONAL PREFERENCE.
Hear! Hear!

What you've said here Sham is soooooo true! What is right or wrong is entirely up to you to decide based on your preference, trading style, risk appetite etc etc

And who is the best teacher to guide you? Let me introduce you to this couple:

Mr EXPERIENCE and Ms MISTAKE
I'm a money magnet! Thank You, Thank You, Thank You!
Quoting Malaysia

p/s2: Normally after a big earthquake ... there will be consecutive earthquakes or tremors will follow through.

Wow weee... consecutive earthquake did happened on the opening of the market. About 200 pips GAP downward on my chart. It has bull up covering the GAP and then fall back down to the Low of the Day... an now shoot up again... WHIPSAW day!!!

I see that 61.8% Fibbo as temporary Resistance. Support... this beast don't really care about support when it doing its free fall

As right now... Ranging around DPP area.

p/s: Everyone were talking about a good set up. Please share with us when you've found a good set up so that we all can learn. Don't talk after the price has moves tremendously. Talk before the price move and about to move and giving reason why you take that Long or Short with reasoning. When you exit... tell us where and why. Like what I usually do in here.
Attached Image (click to enlarge)
Click to Enlarge Name: chart2174.PNG Size: 55 KB
Quoting microsuck_36
morning guys, Happy Deepavali..

Happy Deepavali

http://rakannilam.dapat.net/mms/actual/385deepavali.jpg
Quoting Malaysia
Wow weee... consecutive earthquake did happened on the opening of the market. About 200 pips GAP downward on my chart. It has bull up covering the GAP and then fall back down to the Low of the Day... an now shoot up again... WHIPSAW day!!!

I see that 61.8% Fibbo as temporary Resistance. Support... this beast don't really care about support when it doing its free fall

As right now... Ranging around DPP area.

p/s: Everyone were talking about a good set up. Please share with us when you've found a good set up so that we all can learn. Don't talk after the price has moves tremendously. Talk before the price move and about to move and giving reason why you take that Long or Short with reasoning. When you exit... tell us where and why. Like what I usually do in here.

http://www.forexfactory.com/attachme...1&d=1225080735
That was a nice set up I've given out... now Breakout downside Easy 150pips if you already banked in those profit from the breakout SHORT. If greedy... let the profit runs... and regret later if the price shoot up to BE or to negative zone... or can be very joyful if price just keep on falling down to cater your greediness.

I am out now... got lots of functions to attend today.
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Hi guys!!!Busy doing housekeeping....Hit & run yielded more than 100 pips already....Will SFB if situation permits.....Anyway nice discussions about trading from G33 and others.....Good luck to all.....
kaki makan jugak si Sham nie heheheh joking..
Is it only me? Are my eyes playing trick?
Spread as wide as 20 pips or more for GU and even CJ on the IBFX platform.

Is the FXDD platform the same?

Anyone care to comment?
Quoting paullim1268
Is it only me? Are my eyes playing trick?
Spread as wide as 20 pips or more for GU and even CJ on the IBFX platform.

Is the FXDD platform the same?

Anyone care to comment?
i heard bout that 2..my friend told me for G/J already up to 15 spread..
Many REGULATED Broker widening their spread now with this very volatile market psychology... except unregulated broker like FXDD. Go figure out.

You can have a rest today... don't trade...just watch until the storm subside... or trade with wide spread in this volatile market. It's a simple choice.

p/s: Don't talk about FXDD in here... because I just hate the broker. I got unsettled issue with them.
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