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Help needed in OANDA + users from Malaysia 105 replies

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  • #181
  • Oct 18, 2007 8:06am Oct 18, 2007 8:06am
Seems like everyone is making lots of pips tonight. Good to hear that. It's about time to see the markets with some action like this
  • #182
  • Oct 18, 2007 8:14am Oct 18, 2007 8:14am
Quoting oghe-klate
Anyone dares to BUY EUR/USD and hold it for 1.4350 other than me?

By the way, my LONG GBP/USD just hit the TP at 2.0510 a few minutes ago...
i'm still holding my E/U... wondering whether it will go to 1.4320
  • #183
  • Oct 18, 2007 8:18am Oct 18, 2007 8:18am
The bull seem exhausted at the moment... trying to catch some breath I guess.... before ramping the 2.0500 again. It did pierced the resistance line but unsuccessful. Let see another try. Anyway... tomorrow is Friday... profit taking day Be ready for some wild action!
  • #184
  • Oct 18, 2007 8:19am Oct 18, 2007 8:19am
Quoting zankuha
i'm still holding my E/U... wondering whether it will go to 1.4320
Let's pray so that the WHOLE BULL CS body stays above EMA7 at TF4H, or better still at TF Daily...

Should the situation stays as this, I PERSONALLY believe another HIGH will be recorded.
  • #185
  • Oct 18, 2007 8:22am Oct 18, 2007 8:22am
Quoting Malaysia
The bull seem exhausted at the moment... trying to catch some breath I guess.... before ramping the 2.0500 again. It did pierced the resistance line but unsuccessful. Let see another try. Anyway... tomorrow is Friday... profit taking day Be ready for some wild action!
is it a good time to buy g/u? or sell perhaps?
  • #186
  • Oct 18, 2007 8:24am Oct 18, 2007 8:24am
Hopefully everybody happy with today GBP/USD bull. below GBP/USD daily chart. (update from my post #28)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDdailychart.jpg Size: 94 KB
  • #187
  • Oct 18, 2007 8:26am Oct 18, 2007 8:26am
Quoting Malaysia
The bull seem exhausted at the moment... trying to catch some breath I guess.... before ramping the 2.0500 again. It did pierced the resistance line but unsuccessful. Let see another try. Anyway... tomorrow is Friday... profit taking day Be ready for some wild action!
Yup! So tired after hitting HIGH of the month just now. Hope that the BULL doesnt take its breath away lol...

I'm hoping the price doesnt cross my EMA150 at TF5M today.

May the BULL not give up in the battle lol...
  • #188
  • Oct 18, 2007 8:28am Oct 18, 2007 8:28am
Quoting zankuha
is it a good time to buy g/u? or sell perhaps?
Dude.... don't go against the trend. If Cable retrace... let it be... at least until 50% retracement. Then you buy from dip. Patience.....
  • #189
  • Oct 18, 2007 8:32am Oct 18, 2007 8:32am
Quoting zankuha
is it a good time to buy g/u? or sell perhaps?
I think this depend on the style of your trading.

As for me, I closely monitor the price before entering any position at TF5M, TF1H n TF4H as well.

At the moment I found that the BEAR is trying to penetrate EMA25, but the STOCH seems 'does not allow' this to happen since it is in the OB area.

Well, just my 1 pips anaysis...
  • #190
  • Oct 18, 2007 8:33am Oct 18, 2007 8:33am
Quoting Malaysia
Dude.... don't go against the trend. If Cable retrace... let it be... at least until 50% retracement. Then you buy from dip. Patience.....
was wondering since i'm new. what is dip? what is cable?...
  • #191
  • Oct 18, 2007 8:33am Oct 18, 2007 8:33am
Watch out for tomorrow news on Gbp!
4:30 Malaysia time >>> GDP quarterly announcement. If bad.... we might see 2.03xx again
  • #192
  • Oct 18, 2007 8:36am Oct 18, 2007 8:36am
Quoting zankuha
was wondering since i'm new. what is dip? what is cable?...
Hi Buddy, cable stand for GBP/USD pair. Be patient, wait for next retracement.
  • #193
  • Oct 18, 2007 8:38am Oct 18, 2007 8:38am
Quoting zankuha
was wondering since i'm new. what is dip? what is cable?...


Cable >>> Gbp/Usd pair

Dip >>> when the market is exhausted meaning Oversold or Overbought (Refer to your RSI Indicator) ... it will retrace (go to opposite side) a bit (catch some breath like the bull is doing now) ... normally up to 50% fibbo retracement. Then it will continue its original journey direction.
  • #194
  • Oct 18, 2007 8:38am Oct 18, 2007 8:38am
Quoting mattrader
Hi Buddy, cable stand for GBP/USD pair. Be patient, wait for next retracement.

i see, thanks mate
  • #195
  • Oct 18, 2007 8:43am Oct 18, 2007 8:43am
Quoting Malaysia
Watch out for tomorrow news on Gbp!
4:30 Malaysia time >>> GDP quarterly announcement. If bad.... we might see 2.03xx again
Hi Sham, do you think is bad?
  • #196
  • Oct 18, 2007 8:48am Oct 18, 2007 8:48am
any opinion on U/J?
  • #197
  • Oct 18, 2007 8:49am Oct 18, 2007 8:49am
Quoting mattrader
Hi Sham, do you think is bad?
I am not good at forecasting the fundamental. Even FF forecast figure were wrong most of the time. Like just now... 335k unemployment rate in the US!!! Shocking!!! I dare not to say anything about this Just wait and see... patience...
  • #198
  • Oct 18, 2007 8:49am Oct 18, 2007 8:49am
Quoting oghe-klate
I think this depend on the style of your trading.

As for me, I closely monitor the price before entering any position at TF5M, TF1H n TF4H as well.

At the moment I found that the BEAR is trying to penetrate EMA25, but the STOCH seems 'does not allow' this to happen since it is in the OB area.

Well, just my 1 pips anaysis...
Hi Klate,

the price well above ema25 ( hehehe i also using ema25 and ema50). Right now facing daily resistance at 2.0500. Just my own analysis.
  • #199
  • Oct 18, 2007 8:54am Oct 18, 2007 8:54am
Quoting Malaysia
Dude.... don't go against the trend. If Cable retrace... let it be... at least until 50% retracement. Then you buy from dip. Patience.....
Patience is the KEY.

It is not neccessarily you trade a lot, you shall win a lot.
  • #200
  • Oct 18, 2007 8:56am Oct 18, 2007 8:56am
Quoting Malaysia
I am not good at forecasting the fundamental. Even FF forecast figure were wrong most of the time. Like just now... 335k unemployment rate in the US!!! Shocking!!! I dare not to say anything about this Just wait and see... patience...
Well say Sham.
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