Malaysia | Page 46 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help needed in OANDA + users from Malaysia 105 replies

Attachments: Malaysia
Exit Attachments

Malaysia

  • #901
  • Oct 31, 2007 3:54pm Oct 31, 2007 3:54pm
Quoting Malaysia
Tricky question that is Until now I am still searching for the best broker. Never satisfied with what I am dealing with right now and before. This is another one ... A MATTER OF PREFERENCE.

There is a good broker... fair customer service... low spread... easy transaction... BUT... its trading platform not really friendly.

There is a broker that is very reputable and BIG. Good customer service and everything... BUT... sucks big time during NEWS ANNOUNCEMENT.

There is one good broker.... but only deal with FULL LOT and Gigantic Account. Micro/mini... not in service.

There is a broker which promised low spread no matter how... BUT... unreliable platform.

... and so on... Every brokers got pro and cons... try each one one with micro or mini acc. Then you'll know which one better
tq so much bro,i am really interested in this profitable but must be wise job...and i salute u bro sham for being so friendly and nice to all,thanks again for your advise bro
money is for living
  • #902
  • Oct 31, 2007 4:46pm Oct 31, 2007 4:46pm
Quoting msmsms
shamx77, zul, gmos, matsalleh.... etc,

where else to go, 2.1000 next ? gimme your ideas .

closed all at 2.0661 on 3 counters of my mini account. i am new. need your input. please.
2.1000 going to be psychological level for GBP/USD for this year price action to the upside. But if the price going to this level we expect the price will passing a few key level around 2.0826, 2.0850,2.090 and 2.0955.Trade position can be implement on fail or break of those level based on individual trading strategy. But long position on deep correction and short on fail new key level are recommended to reduce the trade risk.

Disclaimer-Please Read

All resources are for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. Before deciding to invest or trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Investors and Traders should consult with a professional financial advisor for the effects of active investing.
Any opinions, news, research, analyses, prices, or other information is provided as general market commentary and does not constitute investment advice. No acceptance of liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Do Your Due Diligence and take responsibility.
  • #903
  • Oct 31, 2007 7:05pm Oct 31, 2007 7:05pm
oh! i didnt get the chance to look at the war this early morning. after big fight, green pack will bear bear bear so that will not be weak, right?
  • #904
  • Oct 31, 2007 8:19pm Oct 31, 2007 8:19pm
Quoting lvvyyy
oh! i didnt get the chance to look at the war this early morning. after big fight, green pack will bear bear bear so that will not be weak, right?
Don't quite well understanding that question. Green pack will bear will not be weak? Please explain a little bit more... I just don't wanna answer it wrongly... 1st gotta comprehend the question
  • #905
  • Oct 31, 2007 8:28pm Oct 31, 2007 8:28pm
sorry, i rephrase it.
green pack will stand up and be bit stronger than last night.
  • #906
  • Oct 31, 2007 8:29pm Oct 31, 2007 8:29pm
Quoting Zul
2.1000 going to be psychological level for GBP/USD for this year price action to the upside. But if the price going to this level we expect the price will passing a few key level around 2.0826, 2.0850,2.090 and 2.0955.Trade position can be implement on fail or break of those level based on individual trading strategy. But long position on deep correction and short on fail new key level are recommended to reduce the trade risk.
Yeah totally agree with that There is somewhere in this thread I talked about PSYCHOLOGICAL thinggy. Please be advice that out of TA and FA... PA also might get involved. That is the ROUND NUMBERS. If you say that this PA is not important... think again... why most people put TP and SL on round numbers. I will get back to this PSYCHOLOGICAL topic to make everyone understand what I am trying to convey here.

As right now... watch out for those ROUND NUMBERS in CABLE; 800, 850, 900, 950, 1000
  • #907
  • Oct 31, 2007 8:39pm Oct 31, 2007 8:39pm
Quoting lvvyyy
sorry, i rephrase it.
green pack will stand up and be bit stronger than last night.
Refer back to post #897 on the page before this. IMHO... this is just the RETRACEMENT... price correction... or to understand it in a simple way.... try to pull a THICK rubber band apart... can you experience the pull back?

Normally this price correction thinggy will occur whenever the market move suddenly out of important news or panic or surprise.

Unless if there is News saying USD gonna be stronger... or GBP gonna be weaker...... It is wise NOT to go against the TREND... which is BULLISH right now with some RETRACEMENT. To be save... BUY FROM DIP.
  • #908
  • Oct 31, 2007 8:47pm Oct 31, 2007 8:47pm
Bro, today GU analysis?
  • #909
  • Oct 31, 2007 8:47pm Oct 31, 2007 8:47pm
Hi Malaysia,

I am responding to your request for feedback on trading the US interest rate statement. All I can share with you is what I did and thought. For one thing, going into the report, an interest rate cut was priced in, meaning the price on USD had decreased in prior weeks due to seemingly imminent rate cuts. Therefore the rate cut did not cause an immediate surge of USD shorts. Instead, we saw some carry trade weakness/dollar strength, which is typical currency movement of a rate cut that is priced in. However, my thought is that it would be very temporary, as the rate cut was positive for the carry trade and bad for the US dollar. I closed all my positions before the trade and I was in and out quite a bit and I will tell you the trades I remember. I bought twice for a 100+ pip total profit on gbp/jpy at 239.00 with a stop loss of 60 pips (each trade) - I wanted the stop loss to cover at least one psychological level @238.50. Also after the spike down on eur/usd I saw a shelf at 1.4450 so I put a buy limit order in with a 10 pip stop and 15 pip take profit figuring if it broke down through that level I wanted to get out quick as I would not know where it is going short term. Also I saw some profit taking and other action probably might occur at some of the whole numbers that would be hit so I put in a short at 240 on gbp/jpy for 10 pip s/l and incremental t/p averaging about 15 pips and also the same on eur/usd at 1.4500 (only the first hit - very important). My thinking behind the trades I took was always simply carry trade strength and dollar weakness. All in all an event like this must be traded calmly and carefully with no expectations and when things start to happen -wait for the market to force you to trade because the opportunity looks so good, and also very important, be smart about your take profits and stop losses.

Take Care
-- Catch the market with it's pants down - Trim away the fat --
  • #910
  • Oct 31, 2007 8:51pm Oct 31, 2007 8:51pm
Quoting mangZX7L
tq so much bro,i am really interested in this profitable but must be wise job...and i salute u bro sham for being so friendly and nice to all,thanks again for your advise bro
Welcome mangZX7L Aren't we MALAYSIAN are friendly society? :

p/s: I am not advising... I am just giving info about what is in my mind regarding any topic I discuss here. I also don't know whether I am right or wrong That's why I am here so that people can pint point my mistakes... and I will learn more.
Filter all the information you got here. Take whatever good... scrap away whatever bad. Don't just follow blindly without any reasoning. Trade wise A>Y>O>R ..... At your own risk.
  • #911
  • Edited 9:52pm Oct 31, 2007 9:32pm | Edited 9:52pm
Salam...
hye geng , hows your trading yesterday nice kan

here i drop some possibilities for gbpJpy h4.

comment, GbpJpy looking for temporary slide for retracement wave iv in small degree. But the whole trend still up to complete wave 3 in larger degree.

alternate and recount are welcome. Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh4.JPG Size: 53 KB
Artist lead and hacks ask for a show of hands.
  • #912
  • Oct 31, 2007 9:54pm Oct 31, 2007 9:54pm
Quoting al_yaqen
Salam...
hye geng , hows your trading yesterday nice kan

here i drop some possibilities for gbpJpy h4.

comment, GbpJpy looking for temporary slide for retracement wave iv in small degree.

alternate and recount are welcome. Thank you
power ar analisis abang...abang ada ym tak ?...saya nak blajar dgn abang...

ym saya :

[email protected]

terima kasih bang
  • #913
  • Oct 31, 2007 9:55pm Oct 31, 2007 9:55pm
Quoting al_yaqen
Salam...
hye geng , hows your trading yesterday nice kan

here i drop some possibilities for gbpJpy h4.

comment, GbpJpy looking for temporary slide for retracement wave iv in small degree. But the whole trend still up to complete wave 3 in larger degree.

alternate and recount are welcome. Thank you
cool counting al-yaqen. Correct me if i'm wrong, this iv wave will have 3 subwave in it, am i right?
  • #914
  • Oct 31, 2007 10:23pm Oct 31, 2007 10:23pm
Any comments?
Attached Image (click to enlarge)
Click to Enlarge Name: Bearish Butterfly.jpg Size: 77 KB
  • #915
  • Oct 31, 2007 10:26pm Oct 31, 2007 10:26pm
Quoting Zul
2.1000 going to be psychological level for GBP/USD for this year price action to the upside. But if the price going to this level we expect the price will passing a few key level around 2.0826, 2.0850,2.090 and 2.0955.Trade position can be implement on fail or break of those level based on individual trading strategy. But long position on deep correction and short on fail new key level are recommended to reduce the trade risk.

Disclaimer-Please Read

All resources are for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. Before deciding to invest or trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Investors and Traders should consult with a professional financial advisor for the effects of active investing.
Any opinions, news, research, analyses, prices, or other information is provided as general market commentary and does not constitute investment advice. No acceptance of liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Do Your Due Diligence and take responsibility.

I concur too. Again cable didnt let me down, it passed the 700 mark within 2 days as i mentioned in earlier post. I think we could see the 950 mark within next 2 weeks or so. 730 will be a nice spot to buy in and wait it to hit 820 within 1 or 2 days. Good Luck guys. GO GO GO CABLE!
Monthly Profit & Lost :- May - +85 pips
  • #916
  • Oct 31, 2007 10:32pm Oct 31, 2007 10:32pm
Quoting Croftshire
cool counting al-yaqen. Correct me if i'm wrong, this iv wave will have 3 subwave in it, am i right?
ya correct croftshire

Wave iv as known as corrective wave. In ew rules and guideline their are identify 3 type of correction.

i. Zizag = 5 subwave in A,3 subwave in B and 5 subwave in C. So the biggest wave only has 3 subwave. Example A B C ( IV ).

ii. Flat = 3 subwave in A,3 subwave in B and 5 subwave in C. Also has a 3 main subwave ABC in larger degree.

iii. Triangle = 3 subwave in A , 3 subwave in B and 3 subwave in C.Still has a 3 subwave A B and C.

Conclusion.
Yes in corrective wave it only has a 3 subwave. And A B and C (lettered phase ) is like a sons for corrective wave inside motive wave.

mekasih heehe
Artist lead and hacks ask for a show of hands.
  • #917
  • Oct 31, 2007 10:36pm Oct 31, 2007 10:36pm
last interest rate cut, gu melambung gila lepas tu meloncat jatuh baru naik balik..

kali ni? dia meloncat naik ke tak masa interest rate announcement ? tengok le sendiri...nilai2x kan...pastu amik action...

saya dah duduk sideway dah. bulan ni baru start.
caiyo
  • #918
  • Edited 11:59pm Oct 31, 2007 10:45pm | Edited 11:59pm
Maybe
Attached Images
  • #919
  • Edited 11:27pm Oct 31, 2007 11:24pm | Edited 11:27pm
I am back... just wake up Woke up earlier on to take a peep to the market... as expected... RETRACEMENT / PRICE CORRECTION. I was worried about the REVERSAL... who knows... Naaaa not gonna happen soon.

Now back to business... hmmm many questions and discussion got to reply. Lots of PM too. Bear with me for a while ok

p/s: Please find out the difference between RETRACEMENT and TREND REVERSAL.
  • #920
  • Oct 31, 2007 11:34pm Oct 31, 2007 11:34pm
Hi Everyone,
Can you please ensure all your posts are in English?
It makes it very hard for us to moderate as we cannot understand what you are posting.
Thanks
Antra


Quoting bujal38
last interest rate cut, gu melambung gila lepas tu meloncat jatuh baru naik balik..

kali ni? dia meloncat naik ke tak masa interest rate announcement ? tengok le sendiri...nilai2x kan...pastu amik action...

saya dah duduk sideway dah. bulan ni baru start.
caiyo
21 traders viewing now