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Help needed in OANDA + users from Malaysia 105 replies

Attachments: Malaysia
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Malaysia

CABLE broke 38.2% Fibbo but stuck at 50% Median. GEPPY shooting UP been halting the BEAR in CABLE.

FIBER nicely retraced 100% since the Bull failed to penetrate 61.8% Fibbo.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: chart1362.PNG Size: 78 KB
Quoting Malaysia
CABLE broke 38.2% Fibbo but stuck at 50% Median. GEPPY shooting UP been halting the BEAR in CABLE.

FIBER nicely retraced 100% since the Bull failed to penetrate 61.8% Fibbo.

Cable just Broke 50% Median... wanna dance like Wakli now ... and touching the 61.8% Fibbo which is the Daily Pivot as well as I am typing this.
Quoting Malaysia
Wah wah... Raya Sakan nampak

Reaching the SBR now Bro... Ehem ... ehem... Break that... Just look Up... No more looking down. Not Breaking it... You know what you should do.

T.A.Y.O.R!!!


The Chart previously is Daily Chart... when I switch it to Hourly Chart The BULL halted exactly... accurately... at the SBR white line

Should have SHORTed there for Scalping a quick Pips for the Retracement.

Attached Image (click to enlarge)
Click to Enlarge Name: chart1364.PNG Size: 67 KB
Quoting Malaysia
Planning for the next BIG GATHERING in Kuala Lumpur next month on June. I wanna see the feedback first. If many interested then I'll be more than happy to organize it.

Say YES if you are coming State the availability... weekend or weekdays?

SHAMX >>> 013-2491533
Quoting Malaysia
YES I love to join in. Weekend or weekdays... doesn't really matters because I am a FULL TIME trader.
Quoting wakli
I'm in if the gathering is on Saturday or Sunday bro...
Quoting cappalz
anytime bro...
Quoting dayniel
i'm in...
Hurmmmmm Just this many? Last time we had about hundred Traders turned up. Where are the rest? Already gave up Forex Trading?

i;m in also......
but too far...I @ Penang
my fx project always loosing so at the moment not much money left for fx project expenses.
I really appreciate you lah for knowledge sharing in this thread & willing to meet those who interested to learn from you.

May Allah pay you for your contribution ( knowledge sharing also is a part of sedekah)

TQTQ
Quoting Malaysia
Cable just Broke 50% Median... wanna dance like Wakli now ... and touching the 61.8% Fibbo which is the Daily Pivot as well as I am typing this.
It bounced off it twice now. I wonder if it will break it or not.
Expected the unexpected
weekend...
count me in... nice to know many experienced traders...
Quoting scyang
It bounced off it twice now. I wonder if it will break it or not.
Just Broke it What's next? 100% Retracement...
with all this profits..time to cash in later for some king of fruits...spikey durian..
Quoting Malaysia
Hurmmmmm Just this many? Last time we had about hundred Traders turned up. Where are the rest? Already gave up Forex Trading?


i'm in too..
Hayya'alal Solah... Hayya'alal Falah!!!
After the PRAY... Cha Chenggggggg!!!!! 100% Retracement reached!!! Alhamdulillah.....

Took out all Profit manually now... News coming out. Just don't wanna get caught empty handed. Capital appreciation is vital!!!

Phew... now I can relax a bit... no more floating position. Waiting for the US NEWS.
Attached Image (click to enlarge)
Click to Enlarge Name: chart1365.PNG Size: 82 KB
Watch the NEWS on TV3 now... Malaysia first quarter of 2008 for GDP (KDNK) is 7.1% Healthy economic growth here Buy Ringgit... BUYYYYYY!!!! Huh... can't trade Ringgit Malaysia yet.

p/s: This will lead to RM strengthened against USD. Thus, bad to withdraw profit now from US Brokers... duh!
My Take On USD/JPY

There was very strong resistance at 104.40 in this pair. As recently as this morning at 4:00 AM it was at a low of 103.87 as was EUR/JPY at 163.09

I see at the moment that Oil is down another $2.66 to $126.19 and Gold is down below $900 US at $892.1, down another $15 overnight. To understand what is occuring you need to follow the money flow. Hedge funds are bailing out of Gold and Oil and looking at the Two Year US Teasuries at 2.52% now it is very clear that the Bonds are being sold as the yield rises 52 basis points above the US Discount rate now set at 2.00%

Where is the money going for the moment. It is going into the US Dollar and that is why the Carry Trade is going back on in both EUR/JPY and USD/JPY even though Dow Futures are only up 26.

Overnight the Nikkei was down and things started to change drastically when Europe opened and after 4:00 AM the USD/JPY started it's move up based on what I have just pointed out.

Are we in a fundamental change since the New Home Sales came out very bad but because of the spin whereas a revision down in the month before even though the current month only changed by 1000 the headline after 10:00 AM all day over the mainstream media was positive because of the false perception left out that the numbers improved when they did not. If not for the revision down the headline would have been different. That was the point and day that Oil got hit as did Gold.

Now where are we now ? Durable goods at 8:30 AM might give us a clue. Personally I see a test of 105.00 and maybe 105.10 at best but a reversal again back towards 104.00 could be more likely. Of course the direction of the Dow will have a big influence. I have seen this movie many times before and I expect it to have the same ending.

My call is USD/JPY heading down though data might change it short term. Next week there is Major Data coming out including the powerful mover, NFP so stay tuned as I get ready to take a ride on the wild side. Lot's of noise but NO FUNDAMENTAL CHANGES in the US Economy except it got worse not better so Game ON !!!


Bruce
{Promotion Removed}
Quoting Warren Forex
My Take On USD/JPY

There was very strong resistance at 104.40 in this pair. As recently as this morning at 4:00 AM it was at a low of 103.87 as was EUR/JPY at 163.09

I see at the moment that Oil is down another $2.66 to $126.19 and Gold is down below $900 US at $892.1, down another $15 overnight. To understand what is occuring you need to follow the money flow. Hedge funds are bailing out of Gold and Oil and looking at the Two Year US Teasuries at 2.52% now it is very clear that the Bonds are being sold as the yield rises 52 basis points above the US Discount rate now set at 2.00%

Where is the money going for the moment. It is going into the US Dollar and that is why the Carry Trade is going back on in both EUR/JPY and USD/JPY even though Dow Futures are only up 26.

Overnight the Nikkei was down and things started to change drastically when Europe opened and after 4:00 AM the USD/JPY started it's move up based on what I have just pointed out.

Are we in a fundamental change since the New Home Sales came out very bad but because of the spin whereas a revision down in the month before even though the current month only changed by 1000 the headline after 10:00 AM all day over the mainstream media was positive because of the false perception left out that the numbers improved when they did not. If not for the revision down the headline would have been different. That was the point and day that Oil got hit as did Gold.

Now where are we now ? Durable goods at 8:30 AM might give us a clue. Personally I see a test of 105.00 and maybe 105.10 at best but a reversal again back towards 104.00 could be more likely. Of course the direction of the Dow will have a big influence. I have seen this movie many times before and I expect it to have the same ending.

My call is USD/JPY heading down though data might change it short term. Next week there is Major Data coming out including the powerful mover, NFP so stay tuned as I get ready to take a ride on the wild side. Lot's of noise but NO FUNDAMENTAL CHANGES in the US Economy except it got worse not better so Game ON !!!


Bruce
The JUDGEMENT in 10mins time... tighten your seat belt. Durable Good Orders Data will come out soon from US.

p/s: Got some LONGs on CABLE with 30pips SL. Speculating the News gonna be BAD for USD. T.A.Y.O.R!!!
Quoting Malaysia
The JUDGEMENT in 10mins time... tighten your seat belt. Durable Good Orders Data will come out soon from US.

p/s: Got some LONGs on CABLE with 30pips SL. Speculating the News gonna be BAD for USD. T.A.Y.O.R!!!

http://quotes.ino.com/chart/?s=NYBOT_DX&v=s&w=5&t=l&a=2

Bruce

P.S. The Durable Goods Number in 3 Minutes should be very bad but you never know with Statistics Central on the Job :-)
{Promotion Removed}
Quoting Malaysia
The JUDGEMENT in 10mins time... tighten your seat belt. Durable Good Orders Data will come out soon from US.

p/s: Got some LONGs on CABLE with 30pips SL. Speculating the News gonna be BAD for USD. T.A.Y.O.R!!!

Not Good!!! Closed all Longs... Switch position... SHORTTTTTTTTTTTTTT!!!!!

T.A.Y.O.R.!!!
Quoting Warren Forex
http://quotes.ino.com/chart/?s=NYBOT_DX&v=s&w=5&t=l&a=2

Bruce

P.S. The Durable Goods Number in 3 Minutes should be very bad but you never know with Statistics Central on the Job :-)
The Bonds increased the yield on the news from 2.52% to 2.56% on the spin.

Money popped into the US Dollar. The spin BETTER than expected BUT bottom line BAD...

PERCEPTION CHANGED again from REALITY.

The Dow will go to 14,000 The Recession is over Housing has bottomed and miraculously everything is great again.

Bruce
{Promotion Removed}
That is a SHOCKING NEWS... no wonder USD been strengthening all day long. Someone manipulating the data???

So GREEN for the USD!!!

8:30pm USD http://www.forexfactory.com/images/m...mpact_high.gif Core Durable Goods Orders m/m 2.5% -0.4% 0.9%
8:30pm USD http://www.forexfactory.com/images/m...act_medium.gif Durable Goods Orders m/m -0.5% -1.3% -0.3%
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