: maybe
Help needed in OANDA + users from Malaysia 105 replies
DislikedAs right now... the markets are still finding its EQUILIBRIUM ground. Now the perfect example to prove that the FA is actually move the market... not TA. That is why very important to have some sounds knowledge in FUNDAMENTAL as well to be tip top in TRADING.
Follow the TREND... don't go against it unless there is NEWS indicating so.
This is just my 2cents. Open for discussion and constructive critics.
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DislikedI was surprise to see how people are going SHORT and chart being paste everywhere indicating REVERSAL movement. Eventually, that BIG BEAR will come into scene. But NOT yet. Not now... The Bull is still in control. Nothing Fundamental supporting those Bearish movement yet. Maybe later... but not now. As I said... i am waiting for the EQUILIBRIUM. Then... news will come out eventually to offset that Equilibrium... that is when I take necessary action. Now I can see that the markets are retracing everywhere for the price CORRECTION after the important news.
When I was a newbie... time like this is very convincing to lure me to trade AGAINST the TREND. I know the feeling... sliding down from TIP of the mountain... It is IRRESISTIBLE!!! I've made lots of mistakes that time. Even so... I am not 100% correct on this. What if the market suddenly drop 1000 pips? For me, I'll catch the next train.
TA... FA.... Think Which is more risk? Short or Long? Think again accept now with RISK MANAGEMENT into consideration. Sure of the final decision... click to BUY or SELL... after that... THE MONEY MANAGEMENT.... SL?... TP?.... TS? .... overnight swap?.... etc....
I AM HOLDING THE PRINCIPLE OF FOLLOW THE TREND.
Therefore, I only BUY FROM DIP. But... help meeee pleaseeee can't resist to click the SELL button right now! Oh well... as I said earlier today... I am just gonna watch the market today... NOT TRADING.
Points to ponder: What move the market? TA or FA? Which one is tools/indicators? Which one is hard facts? If you are driving a car... which one move the car? The engine? or the speedometer?
p/s: This principle doesn't apply to scalpers or for those who trade with less than H1 Chart. This is just one out of thousands principles for Position Trader, Long Term Trader, Swinger, News Trader. Don't follow if it doesn't suite your style.Ignored
DislikedWhat a NICE Channel Resistance that is Failed to break it today. IMHO... too many LONGs being ordered here on EU compared to GU before the FED IR Announcement... maybe from days or weeks back... traders already placed the bet to anticipate the inevitable RATE CUT. That is why we see the PRICE CORRECTION is more on EU compare to GU. What will happen next? I am still 50-50Ignored
DislikedRefer to my CABLE chart I attached earlier on. Now still the same... that 50% Fibbo was touched only once today. Price went up and successfully breaching the highest point since yesterday and making the new ALL TIME HIGH since 20 something years back! However, soon after the price gonna shoot some more... the STARTING BELL started... NYSE activated... DJI activated and straight away drop down like nobody business. These create panic to CARRY TRADES Trades and we saw astonishing UNWINDING meaning BIG LONG BEARISH CS. This surprise bearish movement from GJ somehow affecting GU as well... and we saw GJ was dragging GU down with it. But not so much.
After all price stabilized... IMHO... GU or CABLE gonna be on the back of the BULL to continue the journey to the NORTH. However, if that 50% fibbo being break by the strong BEAR... that's gonna add probability of BEARISH movement to the SOUTH.
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DislikedEnglish please Quote:
Originally Posted by Antra http://www.forexfactory.com/images/buttons/viewpost.gif
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
The reply I got from PM of the FF Moderator.
Re: Malaysia thread Dear Shamsul
Thank you for your PM. I know it is probably easier for you all to post in your native language and I am sorry but it is a forum rule.
No one will be upset if you keep the main content in English and have the odd phrases in Malay language.
Good trading.
Antra
Moderator.
Quote:
Quote:
Originally Posted by Malaysia
Dear Antra,
I am Shamsul aka Malaysia, the MALAYSIA thread starter. Already taken serious action on your reminder about the ENGLISH language.
I am already remind every member in that thread to use ENGLISH from now on. However, may I ask for small exception in MALAY language in "p/s:" if they can't resist to use MALAY Language. The main Content of the post... of course gonna be in ENGLISH.
Thank you for reminding us and I am sorry for the inconveniency.
Dear ASGABAN,
You must be from MFG right? Welcome
p/s: Kita punya Forum ni dah kena warning supaya menggunakan ENGLISH. Kalau boleh campur2 pun tak apa. Cuma banyakkan English... sebab INTERNATIONAL FORUM. Harap2... asgaban faham ok. Saya tak kisah... tapi MODERATOR sedang pantau.
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Dislikedok my bro.. i try my best.. to share my skill 4 discuss.. thank
i follow this thread from beginning but not relly good in Inglish but i need 2 ..Ignored
DislikedThank you bro for respecting the rules You haven't answer my question yet? Are you ASGABAN that I saw in the MFG website? I think your avatar was a guy with a black mask in front of a screen displaying FX chart. Nice
p/s: Kalau nak borak2 Forex dalam bahasa Melayu @ rojak... joinlaaa CLUB yang baru nak ditubuhkan ni. Ahad ni mungkin buat perjumpaan kat rumah aku kat Sentul. Ada berani?
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Dislikedyerhh. that right bro.. b4 this i lepak at MFG .. hehehe
p/s : sekarang nie masih belum ada masa lagi bro. best jugak tu sebenarnya insyallah ada rezeki kita jumpa. no prob..Ignored