The retracement gj to 1 hr has completed. Maybe gj will retrace more depend on the momentum, if pointing north... 10C (Auslanco strategy)
- #1,522
- Nov 9, 2007 11:57am Nov 9, 2007 11:57am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
I guess the Gathering can be held next weekend. This weekend, ppl are still having open house for raya.
What say you?
Next week let's focus on GU and EU going south. To all winners today, congratulations. To all losers, it is a lesson learnt. People lose in forex is normal. I did before. Now more wiser.
Do remember this thread is for learning and having fun, while making money. Even if you are making US 50 per day, a week u will earn US 250.
have a good weekend. study this week's mistakes, plan for next week trade and execute the plan.
Furthermore, I heard the police gonna be on guard tomorrow around KL area regarding some illegal gathering. What is it about? 
Campaign?
To everybody, The CLUB GATHERING next weekend will be... plan your schedule from now. PLAN the gathering... GATHERING the plan.
- #1,525
- Nov 9, 2007 12:10pm Nov 9, 2007 12:10pm
- Joined Sep 2006 | Status: Trader | 2,163 Posts
"Invest With The Insiders, Not The Masses"
George Muzea
- #1,527
- Nov 9, 2007 12:25pm Nov 9, 2007 12:25pm
- Joined Sep 2006 | Status: Trader | 2,163 Posts
"Invest With The Insiders, Not The Masses"
George Muzea
- #1,528
- Nov 9, 2007 12:29pm Nov 9, 2007 12:29pm
- Joined Sep 2006 | Status: Trader | 2,163 Posts
"Invest With The Insiders, Not The Masses"
George Muzea
- #1,529
- Nov 9, 2007 12:29pm Nov 9, 2007 12:29pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
hehe..its looks like your strategy still in a try&error stage am I right?
what if we start to look at 20years+ time proven strategy? huhu
After all... there is nothing to be proven over here. As long as it makes GREEN PIPS... that's ALL that matters
p/s: This is not my strategy... been proposed by msmsms and developed further by zul... and I am doing all the testing and improvising.
- #1,530
- Nov 9, 2007 12:39pm Nov 9, 2007 12:39pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
I think we might see another long and make another new high next week.
If this really gonna happen.... I see BUY FROM a very deep DIP Anything possible. After all... only 2 choices... down or up?p/s: Actually 3 choices... add ranging to the east
: The short term for BFD now gonna be BFVDD Can't wait for that. - #1,531
- Nov 9, 2007 12:43pm Nov 9, 2007 12:43pm
- Joined Sep 2006 | Status: Trader | 2,163 Posts
"Invest With The Insiders, Not The Masses"
George Muzea
- #1,532
- Nov 9, 2007 12:45pm Nov 9, 2007 12:45pm
so did your strategy not discussed on this thread?
Just saw some newbie got blur-blur on your tested strategy came up from others forum member..bukan apa..I just kesihan tengok diorang ni pening2 lalat ..hehe
anyway..good luck on helping others finding the best strategy..
Still we needed a good strategy to enter market on this Psychology = Nature = Evolving Forex Market rite?
Just saw some newbie got blur-blur on your tested strategy came up from others forum member..bukan apa..I just kesihan tengok diorang ni pening2 lalat ..hehe
anyway..good luck on helping others finding the best strategy..
Still we needed a good strategy to enter market on this Psychology = Nature = Evolving Forex Market rite?
- #1,533
- Nov 9, 2007 12:58pm Nov 9, 2007 12:58pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
so did your strategy not discussed on this thread?
Just saw some newbie got blur-blur on your tested strategy came up from others forum member..bukan apa..I just kesihan tengok diorang ni pening2 lalat ..hehe
anyway..good luck on helping others finding the best strategy..
Still we needed a good strategy to enter market on this Psychology = Nature = Evolving Forex Market rite?
Ask ourselves ... How many years we've been trading?
How many strategies we've been using?
How many strategy out there works on any condition?
After all ... if the market so systematic... there would be NO market at all. Ceased to exist.
p/s: 20 wma & 30 sma not originally from me. I improvised on the BFD discipline and money management. Putting CHANNEL TREND lines... Fibbo... BB... etc. Did you not been following the whole thread... and making such statement.
- #1,534
- Nov 9, 2007 1:07pm Nov 9, 2007 1:07pm
hehe..
Yup Trading market its not Easy..
and I saw you keep on highlight few words that "market is not systematic" , its all about Psychology = Nature = Evolving..
and I also did read one of senior trader that focus on trading psychology ,and that is Bill Williams..and he did came up with strategy to tackle that kind of market tho..
Yup Trading market its not Easy..
and I saw you keep on highlight few words that "market is not systematic" , its all about Psychology = Nature = Evolving..
and I also did read one of senior trader that focus on trading psychology ,and that is Bill Williams..and he did came up with strategy to tackle that kind of market tho..
- #1,536
- Nov 9, 2007 1:36pm Nov 9, 2007 1:36pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
hehe..
Yup Trading market its not Easy..
and I saw you keep on highlight few words that "market is not systematic" , its all about Psychology = Nature = Evolving..
and I also did read one of senior trader that focus on trading psychology ,and that is Bill Williams..and he did came up with strategy to tackle that kind of market tho..
Anyway... this is what this forum is all about... to discuss and share any strategy that profiting us all. I know I was benefited from the last strategy while the trend is still up. I know some members did too Now that the market is doing quite significant REVERSAL... I am looking for some other possibility since the BFD can't be used at this moment. That's called ANTICIPATING. All are welcome to discuss about it. It's all about sharing. Did you read somewhere in this thread actually mentioning me asking people to follow me? A.Y.O.R 
The best way to learn and grow is to experimenting ourselves... trial and error not just following what Bill Williams says.
p/s: When I was a little boy... my mama warned me not to touch the fire. I did touched the fire anyway... and I've learned
- #1,537
- Nov 9, 2007 1:47pm Nov 9, 2007 1:47pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Many people said there is no such thing as correlation between the JPY pairs and US stocks. I've got a perfect prove over here. The GJ and UJ was stabilizing before 10:30pm. When 10:30pm start... DJI drop tremendously.... followed by GJ and UJ even though they've already OVERSOLD!!! Why?
By PFXGlobal, Today 1:48am, Topic Market Insights Does the USD/JPY really follow stocks?
Why does the USD/JPY seem to follow stocks? There are several reasons that this is the case but two stand out to me. It is important to understand that this correlation is not as predictive in the long term as it can be in the short term. In fact, in the long term, there is a very limited correlation factor between the two markets. I bring this up today as the USD/JPY reaches exaggerated lows against the US stock open, which may lead to an adjustment in the short term.
First, both stocks and short JPY positions are considered good risk-meters for global investors. There are currently a lot of short JPY positions out there. How often do you see traders equating the "carry trade" with the GBP/JPY? The JPY is cheap to borrow and can be used to fund other investments but that increases leverage and can be risky. With so many outstanding short JPY positions the market can get a little volatile anytime traders get jumpy about risk in general. Traders will want to cover those short positions and they have to do that by buying the JPY. Stocks are similar. They are higher risk assets so when the risk environment looks scary, they drop and bond prices tend to rise. Its important to realize that a falling rising JPY does not cause stocks to fall or the other way around. They are correlated only.
One of the second important correlations relates to the fact that Japanese investors, including the BoJ are major liquidity providers in the global capital markets. If assets are losing value in the US, those investors may seek to exit their positions and covert their USD into JPY domestically. This happens around the globe but may add to the perceived correlation right now.
Fortunately, we can do something about this information...
For the rest of the article, please click this link: http://www.pfxglobal.com/index.php?o...215&Itemid=188
__________________
Analysis by Profiting With Forex (PFX)
Since you guyz might not noticing the latest News Topic that just been post on the main FF website... I just cut and paste this. Just to clarify something.
- #1,538
- Nov 9, 2007 2:03pm Nov 9, 2007 2:03pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Testing the 20 wma strategy on Down Trend. Even though from my opinion... it seems like the BULL gonna retrace further up... I entered SELL from Bounce exactly when the CS touched that Yellow Line (20 wma)
Intended for scalping only with SL 20 pips and TP 25 pips.
Going to sleep now... nite nite everyone
Intended for scalping only with SL 20 pips and TP 25 pips.
Going to sleep now... nite nite everyone
- #1,540
- Nov 10, 2007 2:40am Nov 10, 2007 2:40am
Testing the 20 wma strategy on Down Trend. Even though from my opinion... it seems like the BULL gonna retrace further up... I entered SELL from Bounce exactly when the CS touched that Yellow Line (20 wma)
Intended for scalping only with SL 20 pips and TP 25 pips.
Going to sleep now... nite nite everyone
The DJI Index that I've seen you using in your chart ..... does MT4 & VT Trader has it? How to go about it? If I remember correctly (I started reading from page 1 of this thread) you have not mentioned it before. Can you teach us?
Thanks.