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Help needed in OANDA + users from Malaysia 105 replies

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  • #1,901
  • Nov 15, 2007 1:55am Nov 15, 2007 1:55am
5 mins to LONDON OPEN... Dejavoooo... like yesterday tragedy! DROP HEAVILY as soon as it touched 50% Fibbo!!!
  • #1,902
  • Nov 15, 2007 1:56am Nov 15, 2007 1:56am
USD/JPY Intraday London Session
1st sup.
111.05
2nd sup.
110.75
3rd sup.
110.52
1st res.
111.75
2nd res.
112.16
3rd res.
112.25

Long positions can be considered for buy from dip strategy on bounce at initial resistance of 11105 with 111.75 & 112.11 in sight. Counter trend strategy for short positions can be applied on fail of resistance at 111.75 with target at 111.05.

Alternative scenario, the downside breakout of 111.05 will open the way to 110.75.

Comment: the pair stands in a bullish channel.

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  • #1,903
  • Nov 15, 2007 2:05am Nov 15, 2007 2:05am
Quoting Malaysia
5 mins to LONDON OPEN... Dejavoooo... like yesterday tragedy! DROP HEAVILY as soon as it touched 50% Fibbo!!!
sham, r u open short position??
  • #1,904
  • Nov 15, 2007 2:09am Nov 15, 2007 2:09am
Quoting tkh33
sham, r u open short position??
:
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  • #1,905
  • Nov 15, 2007 2:13am Nov 15, 2007 2:13am
Quoting Malaysia
:
i open at 551, r u TP and SL manually?
  • #1,906
  • Nov 15, 2007 2:13am Nov 15, 2007 2:13am
Oh I hate this kind of market psychology!!! And I hate myself for NOT being PATIENCE enough just now. We might playing PING PONG until the NEWS
  • #1,907
  • Nov 15, 2007 2:16am Nov 15, 2007 2:16am
Quoting Malaysia
Oh I hate this kind of market psychology!!! And I hate myself for NOT being PATIENCE enough just now. We might playing PING PONG until the NEWS
yup, now like not much moving, ding dong only. he he sometime u r FA sometime u r TA ma....... no right or wrong
  • #1,908
  • Nov 15, 2007 2:18am Nov 15, 2007 2:18am
Quoting tkh33
i open at 551, r u TP and SL manually?
I am Bleeding badly from my last 2 lots Long that hit SL. Now on this 2 lot short... I intended to hold it until the News Release. Forecast to be RED... but nothing certain yet. If RED... might break that 2.0500 psychological support. Then heading South to 2.03xx area

That if... RED news plus if the BULL don't have enough power to penetrate 50% Fibbo.

Since PING PONG psychology right now... I better SL and TP manually.
  • #1,909
  • Nov 15, 2007 2:22am Nov 15, 2007 2:22am
Quoting Malaysia
I am Bleeding badly from my last 2 lots Long that hit SL. Now on this 2 lot short... I intended to hold it until the News Release. Forecast to be RED... but nothing certain yet. If RED... might break that 2.0500 psychological support. Then heading South to 2.03xx area

That if... RED news plus if the BULL don't have enough power to penetrate 50% Fibbo.

Since PING PONG psychology right now... I better SL and TP manually.
noted. tq
  • #1,910
  • Nov 15, 2007 2:27am Nov 15, 2007 2:27am
I am seeing this right now Possible breakout both way... the NEWS will decide that.
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  • #1,911
  • Nov 15, 2007 2:27am Nov 15, 2007 2:27am
Quoting tkh33
noted. tq
dont know what market, going up so fast now. should take the profit just now, greedy....
  • #1,912
  • Nov 15, 2007 2:30am Nov 15, 2007 2:30am
ow man....I'm starting to hate forex.....:
Patience is virtue
  • #1,913
  • Nov 15, 2007 2:36am Nov 15, 2007 2:36am
I am new here and I am from Malaysia. Just want to say hi to all fellow Malaysians. Apa khabar semua?

Anyway, I have been visiting FF for quite some time and have been slowly digesting all great information on this site.

I have been demo trading for a while and I want to go live trading soon. But I am not sure which broker to use. Can all the Malaysian traders tell me which brokers you are using?

Thanks.
  • #1,914
  • Nov 15, 2007 2:41am Nov 15, 2007 2:41am
Quoting tkh33
dont know what market, going up so fast now. should take the profit just now, greedy....
Can you survive it it breakout 50% Fibbo? Careful with your margin ok. I am holding until 50% Fibbo.

p/s: That TRIANGLE still holding strong.
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  • #1,915
  • Nov 15, 2007 2:43am Nov 15, 2007 2:43am
Quoting archsage
I am new here and I am from Malaysia. Just want to say hi to all fellow Malaysians. Apa khabar semua?

Anyway, I have been visiting FF for quite some time and have been slowly digesting all great information on this site.

I have been demo trading for a while and I want to go live trading soon. But I am not sure which broker to use. Can all the Malaysian traders tell me which brokers you are using?

Thanks.
How many times I have to remind this... this is not the place for BROKER discussion! Find the specific Thread discussing Broker. Sorry mate! Read FF Rules again.
  • #1,916
  • Nov 15, 2007 2:51am Nov 15, 2007 2:51am
Difficult to trade.
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  • #1,917
  • Nov 15, 2007 2:54am Nov 15, 2007 2:54am
Quoting archsage
I am new here and I am from Malaysia. Just want to say hi to all fellow Malaysians. Apa khabar semua?

Anyway, I have been visiting FF for quite some time and have been slowly digesting all great information on this site.

I have been demo trading for a while and I want to go live trading soon. But I am not sure which broker to use. Can all the Malaysian traders tell me which brokers you are using?

Thanks.
Hi archsage,

Welcome to Malaysia thread. This tread mainly for discuss trading strategy. If you visited FF regularly, you will find that's a thread for broker's discussion.
  • #1,918
  • Nov 15, 2007 2:57am Nov 15, 2007 2:57am
Quoting mattrader
Hi archsage,

Welcome to Malaysia thread. This tread mainly for discuss trading strategy. If you visited FF regularly, you will find that's a thread for broker's discussion.
Thanks. I will head over to the broker section then.

Happy trading!
  • #1,919
  • Nov 15, 2007 2:57am Nov 15, 2007 2:57am
Quoting mattrader
Difficult to trade.
Yep... with this kind of environment... the 20 wma and 30 sma technique is FAILED to perform. That's why I have mentioned that NO SYSTEM last long without correction or upgrading. There is NO SYSTEM works on ALL CONDITION as well. The MARKET is NATURE. Forever Changing.
  • #1,920
  • Nov 15, 2007 3:00am Nov 15, 2007 3:00am
Quoting Malaysia
How many times I have to remind this... this is not the place for BROKER discussion! Find the specific Thread discussing Broker. Sorry mate! Read FF Rules again.
Sorry if I intruded your thread. Didn't mean to as the thread was too long to read thru.

Anyway, good luck with your trading.
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