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Help needed in OANDA + users from Malaysia 105 replies

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  • #15,781
  • Jul 18, 2008 5:50am Jul 18, 2008 5:50am
Quoting VishalJ
Karmoooo how you been?
Hey Vishal bro, I'm doing just fine , how about yourself? It's been a long time since I saw you posting.

Good to see you posting again bro
Trade what you see, not what you think.
  • #15,782
  • Jul 18, 2008 5:51am Jul 18, 2008 5:51am
Quoting VishalJ
I don't see anything about intervention rumors Sham.. this was just a reaction to the Citi report, I posted earlier to watch out for it. I doubt stupid Feds will do anything to prop up the $.

Also, oil is rising due to supply concerns in Nigeria - it will be either a boring Friday or a volatile one. I think stocks should collapse today - even if citi's loss is less than expected, it is still a loss (2.5 billion $) and merrill has losses too.

But who the hell knows what crack these stock traders are on anyway..
Uh... variables keep changing opposing each other in short period of time. Market super duper SENSITIVE.

In that case... I am happy enough with whatever I got today. There's always Next Week. Never Ending Opportunity and Risk in Forex.

I am FULL OF DOUBT now... save side... I stay out. See you guys next week.

Have a great weekend!!!
  • #15,783
  • Jul 18, 2008 5:52am Jul 18, 2008 5:52am
Quoting BANDA
Hi Karmo............
Long time no see? How are you? What is your outlook for Yen crosses will you short any of USD/Jpy , EU/JPY ?Thank you for your input.........
Thankx
Hello BANDA,

I do post in Aus's thread often but not here much. I'm good n you?

I wouldnt short the Yen crosses but rather I'm bullish GJ, maybe upto 216-219 area (might reach next week)
Trade what you see, not what you think.
  • #15,784
  • Jul 18, 2008 5:55am Jul 18, 2008 5:55am
Quoting karmostaji
Hey Vishal bro, I'm doing just fine , how about yourself? It's been a long time since I saw you posting.

Good to see you posting again bro
I'm better.. my grandma passed away quite some time ago, so spent time getting over that (she raised me) Back to a little normalcy now, and you'll see me posting my financial nonsense every now and then Good to see you around too GJ master.
  • #15,785
  • Jul 18, 2008 5:56am Jul 18, 2008 5:56am
Quoting VishalJ
I'm better.. my grandma passed away quite some time ago, so spent time getting over that (she raised me) Back to a little normalcy now, and you'll see me posting my financial nonsense every now and then Good to see you around too GJ master.
I'm sorry to hear that bro, may she rest in peace.
Trade what you see, not what you think.
  • #15,786
  • Jul 18, 2008 6:00am Jul 18, 2008 6:00am
Quoting karmostaji
I'm sorry to hear that bro, may she rest in peace.
Thanks bro.

Btw, I'm bullish on GJ too based on my data
  • #15,787
  • Jul 18, 2008 6:01am Jul 18, 2008 6:01am
Quoting VishalJ
The big boys DON'T want to make oil cheaper. Check the whole OPEC cartel.. combine that with bush and cheney and rice (all oil execs) Who cares about the world.. there's 4 months more to go.. might as well squeeze every penny out of that oil drop!
I watch OBAMA speech last few days. He's stressing on RENEWABLE ENERGY and ALTERNATIVE for not being addicted to OIL anymore.

This is something about Market Supply and Demand Nature. When something so expensive and scarce >>> Eventually it will become cheap again.... because... ALTERNATIVE of similar kind of the product will be booming.

Yep... so true... BIG BOYS don't really care about the problem. Who suffer the most? Poor people. Unless when it comes to a critical MELTDOWN... then that might force those GREEDY people to start doing some thinking.
  • #15,788
  • Jul 18, 2008 6:01am Jul 18, 2008 6:01am
Quoting VishalJ
Thanks bro.

Btw, I'm bullish on GJ too based on my data
Yep, everything is looking good for longs and we should see price move higher today/next week
Trade what you see, not what you think.
  • #15,789
  • Jul 18, 2008 6:06am Jul 18, 2008 6:06am
Quoting VishalJ
Thanks bro.

Btw, I'm bullish on GJ too based on my data
In that case... DJI more likely getting inside the BULL territory back tonight. I'm loving it... that could cause OIL becoming CHEAPER

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  • #15,790
  • Jul 18, 2008 6:16am Jul 18, 2008 6:16am
I better switch off each and every computer I got NOW!!! I already said I gonna stay away.

Seeing some new opportunity... reviewing the situation....

Huh... this is GREEDY talking... not discipline. Discipline said... when in doubt, stay out.

Noooooo... No... No. Enough for today. Better chicken out now while on the green. Hit and run. Just don't wanna give it all back to the market later... market still too sensitive.

Adios Amigos

  • #15,791
  • Jul 18, 2008 6:43am Jul 18, 2008 6:43am
Quoting Malaysia
I better switch off each and every computer I got NOW!!! I already said I gonna stay away.

Seeing some new opportunity... reviewing the situation....

Huh... this is GREEDY talking... not discipline. Discipline said... when in doubt, stay out.

Noooooo... No... No. Enough for today. Better chicken out now while on the green. Hit and run. Just don't wanna give it all back to the market later... market still too sensitive.

Adios Amigos

yeah same thing with me...made 105 pips today which for me is a world record on live account....so i must stop b4 my luck, judgement change and give it back..great weekend to u all guys .have fun
  • #15,792
  • Jul 18, 2008 7:10am Jul 18, 2008 7:10am
Quoting nAVIN2007
yeah same thing with me...made 105 pips today which for me is a world record on live account....so i must stop b4 my luck, judgement change and give it back..great weekend to u all guys .have fun

wow..105pips nice..keep it going ya
  • #15,793
  • Jul 18, 2008 7:16am Jul 18, 2008 7:16am
Quoting nAVIN2007
yeah same thing with me...made 105 pips today which for me is a world record on live account....so i must stop b4 my luck, judgement change and give it back..great weekend to u all guys .have fun

Ye, itīs realee good, keep it run lik that. Nice to see others success for hard work...
  • #15,794
  • Jul 18, 2008 7:25am Jul 18, 2008 7:25am
thanks guys ...im very happy with performance over past 2 week..its all thx to people helping posting and giving input....thx to every1 of these people

loving this thread too ..excellent traders in here

god bless
  • #15,795
  • Jul 18, 2008 10:41am Jul 18, 2008 10:41am
sniffff....snoofffff.....
  • #15,796
  • Jul 18, 2008 10:48am Jul 18, 2008 10:48am
At this moment, I divided the market into 3 possible scenario (alt counts), which is :-

1) Magenta Count - a truncated wave 5 scenario and expecting to perform a corrective a, b and c later.
2) Yellow Count - another truncated of wave 5 which perform a double top to complete major corrective b.
3) White count - a strong impulsive bullish trend to perform wave 3.

Therefore, please analyse all alt counts with your trading system (BSTS) and determine which one is more preferable. Happy weekends.
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  • #15,797
  • Jul 20, 2008 2:42am Jul 20, 2008 2:42am
I am glad I stopped trading early on last Friday. Since I left... nothing much happened
  • #15,798
  • Jul 20, 2008 5:49am Jul 20, 2008 5:49am
Quoting Malaysia
In that case... DJI more likely getting inside the BULL territory back tonight. I'm loving it... that could cause OIL becoming CHEAPER
Looks like it has taken option no 1. Successfully got back in the BULL Territory. We've seen the bottom yet? Or it'll dive down again for double bottom before really going up?

p/s: I watch DJI chart as one of the indicator for how well US economy is doing.
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  • #15,799
  • Jul 20, 2008 6:17am Jul 20, 2008 6:17am
Weekly Uptrend still valid...but looks like loosing strength. This coming week CS could be the conformation for either BULL Continuation of REVERSAL and FALL back down.

On the Daily Chart... UP Trend still valid... no clear confirmed REVERSAL yet. That hammer CS showing retaliation to go lower than 50% Retracement means something However, with market so bloody sensitive with News nowadays... trade with caution. Things can turn opposite to what Technical indicate... the power of Fundamental.

I am bias with the BULL unless that 50% Median is broken... especially 61.8% Fibo. This is TECHNICAL analysis.

On the FUNDAMENTAL side... bad news from one of UK banks... DJI back inside BULL territory... OIL price falling down.... Reasoning for CABLE to fall further down. Nothing for sure yet coz' this coming week news could turned everything upside down. Critical week ahead or just a RANGING indesisive one.

Since my FUNDAMENTAL and TECNICAL is contradicting each other. I'll play it really save.

T.A.Y.O.R.
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  • #15,800
  • Jul 20, 2008 6:34am Jul 20, 2008 6:34am
Retracement is due? or just keep on spiralling down? Overall UPTREND still valid. This could be just a correction so that it can move up HIGHER.

On the contrary... this also could mark the beginning of USD strengthening... the come back of Risk Appetite psychology... The recovery of Equity market... if it keep on falling down lower and lower.

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