600% profit in a day on eur/usd !!! yes it is possible see this one. 
http://www.forexfactory.com/showthre...86#post7941386
http://www.forexfactory.com/showthre...86#post7941386
don't predict direction, but dance with flow of water
- #943,561
- Dec 12, 2014 12:22pm Dec 12, 2014 12:22pm
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
- #943,563
- Dec 12, 2014 12:34pm Dec 12, 2014 12:34pm
- Joined Sep 2014 | Status: Don't make me use this! | 1,214 Posts
- #943,564
- Dec 12, 2014 12:38pm Dec 12, 2014 12:38pm
Guys, thought I would drop by to say Hi. Had problems with scammy broker here (had to alert authorities), tested and opened with new brokers, so far so good. I didnt dare drop by the forum too much because I didnt want to be too dependent on the awesome traders here (will become too complacent, lazy and reliant on calls which is not good for developing one's trading skills)
UPDATE:
1. Gator, your advice was good. I have been using the EMA with success mostly... It works most of the time
2. FxTyrant, I learnt a lot on how to read data from you... realised we been reading the figures wrongly most of the time (actual vs expected instead of actual vs previous). And realise now how fundamental news/data does play a role in price action
3. Pedro, your advice on Fibos is useful. Still trying to see the patterns for a few pairs, though it works really good on USDCAD and AUDUSD at least for me.
For some reason, I do get some of the same targets as Gator and the others here but not always... I think you got 1.2125 or something while I get 1.2116 maybe the difference is due to rates quoted by brokers? Another odd thing, I noticed the EMA I used (same settings) draw differently on the brokers... very strange indeed.
But thanks people, and to the others who shared input. Learned a lot
UPDATE:
1. Gator, your advice was good. I have been using the EMA with success mostly... It works most of the time
2. FxTyrant, I learnt a lot on how to read data from you... realised we been reading the figures wrongly most of the time (actual vs expected instead of actual vs previous). And realise now how fundamental news/data does play a role in price action
3. Pedro, your advice on Fibos is useful. Still trying to see the patterns for a few pairs, though it works really good on USDCAD and AUDUSD at least for me.
For some reason, I do get some of the same targets as Gator and the others here but not always... I think you got 1.2125 or something while I get 1.2116 maybe the difference is due to rates quoted by brokers? Another odd thing, I noticed the EMA I used (same settings) draw differently on the brokers... very strange indeed.
But thanks people, and to the others who shared input. Learned a lot
- #943,566
- Dec 12, 2014 12:45pm Dec 12, 2014 12:45pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
Guys, thought I would drop by to say Hi. Had problems with scammy broker here (had to alert authorities), tested and opened with new brokers, so far so good. I didnt dare drop by the forum too much because I didnt want to be too dependent on the awesome traders here (will become too complacent, lazy and reliant on calls which is not good for developing one's trading skills) UPDATE: 1. Gator, your advice was good. I have been using the EMA with success mostly... It works most of the time
those who can, do. those who cant, talk about those who can
- #943,567
- Dec 12, 2014 12:48pm Dec 12, 2014 12:48pm
{quote} Seriously, I will save this quote. Next week is FOMC, if you think all week will be bearish, during a FOMC week, you must be trading a demo account and this must be your first month of trading forex.
Everyone has a plan 'till they get punched in the mouth.
- #943,568
- Edited 12:57pm Dec 12, 2014 12:56pm | Edited 12:57pm
{quote} exactly.. many are giving bad #s.. and its screwing a lot of traders. a trustworthy broker is essential. integrated
You are so right. Had problems with getting orders filled (order rejected?), and having take profit done. Even when price went past my TP for 40+ minutes, it would not close on EURUSD... I tried manually closing and always get error saying I am queue #1374 (whatever the hell that means) although broker supposed to be "ecn." Made it difficult for me to withdraw too... had to report to FOS Australia and got some money back.
Been a volatile week, I guess next week will be more due to the futures market rolling over and FOMC coming up. Hopefully we all continue making green pips
Ps: I find drawing trendline pretty useful for certain pairs, like EURGBP especially. So far, over here it does look like EURUSD rises seems capped by the EMA200. Pretty interesting... though gotta wait for better bearish signal again
- #943,569
- Dec 12, 2014 1:02pm Dec 12, 2014 1:02pm
- Joined Sep 2014 | Status: Don't make me use this! | 1,214 Posts
- #943,571
- Dec 12, 2014 1:07pm Dec 12, 2014 1:07pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #943,573
- Dec 12, 2014 1:10pm Dec 12, 2014 1:10pm
** Markets also claimed to be the only true ECN broker in the world... yup they wrote that to me. 
Very dishonest bunch of people. Later while speaking to other reputable aussie brokers, I found out ** Markets was their neighbor in the same building, and they were surprised ** Markets claims to be the only ECN broker lol. Well... I learnt to be careful now and check registry records before selecting brokers.
ps: I also suspect a lot of the positive reviews u see on them are fake. almost all are from Sydney Australia (where their office is, and they speak same style).
Very dishonest bunch of people. Later while speaking to other reputable aussie brokers, I found out ** Markets was their neighbor in the same building, and they were surprised ** Markets claims to be the only ECN broker lol. Well... I learnt to be careful now and check registry records before selecting brokers.
ps: I also suspect a lot of the positive reviews u see on them are fake. almost all are from Sydney Australia (where their office is, and they speak same style).
- #943,575
- Dec 12, 2014 1:20pm Dec 12, 2014 1:20pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #943,577
- Dec 12, 2014 1:25pm Dec 12, 2014 1:25pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
{quote} I didnt even know of that rule actually >< lol who should I contact just to check?
do some calisthenics and post the video on youtube
those who can, do. those who cant, talk about those who can
- #943,579
- Dec 12, 2014 1:30pm Dec 12, 2014 1:30pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
{quote} Actually I didnt even know whats calisthenics... had to google it
those who can, do. those who cant, talk about those who can
- #943,580
- Dec 12, 2014 1:35pm Dec 12, 2014 1:35pm
{quote} say "your a bad girl" and promise not to do it again.
I am cute and innocentBut alright, if I can escape the punishment...
then "I'm a bad girl" and promise not to do it again
ps: did i escape the punishment now?