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Help needed in OANDA + users from Malaysia 105 replies

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  • #2,061
  • Nov 16, 2007 2:43am Nov 16, 2007 2:43am
Quoting tkh33
it look like difficult to break thru 2.0405. may i know why GU drop? is it because of CHF news in 415pm just now
Quoting Malaysia
This is what happen when trading with MIXED NEWS... green and RED... or No Change. Really Unpredictable. The BEAR train had to reverse back to PUMP its punctured tires

I don't know how much Cable gonna RETRACE UP... but I do know that with the current situation... we will get there no matter how.... to the South Station at 2.0400... I can forecast what gonna happen... but I seriously DON"T KNOW when
Because of the current situation that haunting the air. We all know already the REPORT from BOE was indicating real economic problem that UK is facing now... suprime issues related... slow inflation... high probability of cutting Interest Rate... meaning really weakening the currency. On the other hand... USA is showing some improvement out of its last problem.

When Euro open... bear in mind that Euro is stable... backing by the news from the China Man wanna move national reserve thiggy... it shoot up bit by bit... dragging Gbp. However when London Open... the real business started... everybody predicting rate cut... meaning Gbp can't go high. That's why it drop like no body business... and this time dragging euro with it. Look at UJ... seems stable at the "panic" time.

This is my preliminary FA... there might be some NEWS that I am not aware off at this moment. Anyone know the real story?

p/s: Anyway... it's FRIDAY... profit taking day... UP DOWN with no reason.
  • #2,062
  • Nov 16, 2007 2:50am Nov 16, 2007 2:50am
Quoting Malaysia
Because of the current situation that haunting the air. We all know already the REPORT from BOE was indicating real economic problem that UK is facing now... suprime issues related... slow inflation... high probability of cutting Interest Rate... meaning really weakening the currency. On the other hand... USA is showing some improvement out of its last problem.

When Euro open... bear in mind that Euro is stable... backing by the news from the China Man wanna move national reserve thiggy... it shoot up bit by bit... dragging Gbp. However when London Open... the real business started... everybody predicting rate cut... meaning Gbp can't go high. That's why it drop like no body business... and this time dragging euro with it. Look at UJ... seems stable at the "panic" time.

This is my preliminary FA... there might be some NEWS that I am not aware off at this moment. Anyone know the real story?

p/s: Anyway... it's FRIDAY... profit taking day... UP DOWN with no reason.
thank u for your info
  • #2,063
  • Nov 16, 2007 3:11am Nov 16, 2007 3:11am
Quoting Malaysia


p/s: Anyway... it's FRIDAY... profit taking day... UP DOWN with no reason.
In other words, Friday is scalping day?? Or should we say good for intraday??
  • #2,064
  • Nov 16, 2007 3:11am Nov 16, 2007 3:11am
Watch out for the US NEWS tonight... these might change the Current MARKET PSYCHOLOGY from PING PONG to Bias one direction only. However, bear in mind that sometimes Bad news in USA is actually a Good News and vice versa... tricky
10:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif TIC Net Long-Term Transactions ??? 72.0B -69.3B
10:15pm USD http://www.forexfactory.com/images/m...mpact_high.gif Industrial Production m/m ??? 0.1% 0.1%
10:15pm USD http://www.forexfactory.com/images/m...act_medium.gif Capacity Utilization Rate ??? 82.0% 82.1%
  • #2,065
  • Nov 16, 2007 3:13am Nov 16, 2007 3:13am
Assalamualaikum,

At last, I found someone fr my own country. I am a newbie in this fx world. Been trading for the past two and a half months. Been trying a no. of trading methods & strategies. The result? Win a little, lost a lot. I guess my winning ratio is 70:30

In most if not all cases, I got hit when news broke....

I read alot of articles abt fx trading. The thing is, the more I read, the more confused I get...Which strategy just works the best???

Any advice fr you?

Wassalam.
  • #2,066
  • Nov 16, 2007 3:20am Nov 16, 2007 3:20am
Quoting wanamo
Assalamualaikum,

At last, I found someone fr my own country. I am a newbie in this fx world. Been trading for the past two and a half months. Been trying a no. of trading methods & strategies. The result? Win a little, lost a lot. I guess my winning ratio is 70:30

In most if not all cases, I got hit when news broke....

I read alot of articles abt fx trading. The thing is, the more I read, the more confused I get...Which strategy just works the best???

Any advice fr you?

Wassalam.

1- don't trade during news unless you know what you're doing

2- you have to find it yourself: people can only show you the 'door' ..


do demo until you comfortable with your trading strategies and as MONEY MANAGMENT is IMPORTANT
  • #2,067
  • Nov 16, 2007 3:47am Nov 16, 2007 3:47am
Quoting hunt17
1- don't trade during news unless you know what you're doing

2- you have to find it yourself: people can only show you the 'door' ..


do demo until you comfortable with your trading strategies and as MONEY MANAGMENT is IMPORTANT


Great advice hunt17 in addition to that... from demo move to mini or micro acc to get the hang of real money before you trade normal acc.

p/s: Do some thinking as well... don't just follow people blindly.
  • #2,068
  • Nov 16, 2007 4:00am Nov 16, 2007 4:00am

Quote
ANNOUNCEMENT

Confirmed GATHERING this SUNDAY 18th November 2007
All Club members please be in front of PIZZA HUT... near MAYBANK at SENTUL BOULEVARD... before 2pm.

Matsalleh will be waiting you all over there to show the way to my condo.

Please bring along LAPTOP if you got one... if not... share share.

Don't forget to bring munchies or fizzy drinks together.

Open to anyone here as well. It's a non profit organisation... FREE

Objective: Discussing TA and FA.
No BROKER discussion is allowed.
Anyone suspected to be a spammer or doing marketing... will be kick out of my house

Email: [email protected] for confirmation.


  • #2,069
  • Nov 16, 2007 4:05am Nov 16, 2007 4:05am
Quoting hunt17
1- don't trade during news unless you know what you're doing

2- you have to find it yourself: people can only show you the 'door' ..


do demo until you comfortable with your trading strategies and as MONEY MANAGMENT is IMPORTANT


yea... im totally agree with you hunt....

im using only 2% from my capital when i enter an order... just to be safe cause i already had bad experiences on this case... twice "cik marginah panggil"... huhuhuhu... one more, dont be so greedy, it will kill you... huhuuhuuu...
  • #2,070
  • Nov 16, 2007 4:09am Nov 16, 2007 4:09am
Broke that Psyco Support!!!! Down south we go!!! I can't imagine how "havoc" market gonna be during US open
  • #2,071
  • Nov 16, 2007 4:18am Nov 16, 2007 4:18am
Quoting Malaysia
Broke that Psyco Support!!!! Down south we go!!! I can't imagine how "havoc" market gonna be during US open
GREAT. GET SOME PROFIT JUST NOW. JUST OUT FOR A WHILE, SET TP 405, WOW IT GO TRAIGHT DOWN TO 385 , MISS SOME PIP, NOT SOME, 20 PIPS. OK START FROM NOW SFB. TONITE WILL STAY LONG AT NITE TO TAKE MORE PROFIT. THANK U SO MUCH.
  • #2,072
  • Nov 16, 2007 4:40am Nov 16, 2007 4:40am
to the south again. TS 20pips
  • #2,073
  • Nov 16, 2007 4:42am Nov 16, 2007 4:42am
Quoting Malaysia




How many of them confirmed?
  • #2,074
  • Nov 16, 2007 4:47am Nov 16, 2007 4:47am
Quoting matsaleh
How many of them confirmed?
About 10 members so far... tonight I'll reconfirm. The rest... still got rooms to join the club. Email me to confirm:
[email protected]

p/s: How many pips in total you've made? Been winning a lot huh
  • #2,075
  • Nov 16, 2007 4:56am Nov 16, 2007 4:56am
Quoting Malaysia
About 10 members so far... tonight I'll reconfirm. The rest... still got rooms to join the club. Email me to confirm:
[email protected]

p/s: How many pips in total you've made? Been winning a lot huh
Ok, tomorrow night we confirm again.
Today so far 131pips SFB method.

Just now TS got hit, BE.
  • #2,076
  • Nov 16, 2007 5:06am Nov 16, 2007 5:06am
pheeww........G/J......from +70K to -132K and closed @ 5,2K real money....i'm out now really need a good rest mentally. have a good weekend guys
  • #2,077
  • Nov 16, 2007 5:20am Nov 16, 2007 5:20am
Quoting Malaysia
Just experimenting with the drawing Have to be DYNAMIC to search for other possibilities
Just Compare the result before and after Magic Channel that is
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd357a.PNG Size: 42 KB
Click to Enlarge Name: gbpusd360a.PNG Size: 56 KB
  • #2,078
  • Nov 16, 2007 5:31am Nov 16, 2007 5:31am
helppppp... i am floating at -150 pips...helpppp
  • #2,079
  • Nov 16, 2007 5:53am Nov 16, 2007 5:53am
Quoting matsaleh
Ok, tomorrow night we confirm again.
Today so far 131pips SFB method.

Just now TS got hit, BE.
SFB @ 2.0388
  • #2,080
  • Nov 16, 2007 6:00am Nov 16, 2007 6:00am
Quoting arinforex
helppppp... i am floating at -150 pips...helpppp
Money management is important. Don't open position against the trend. That what I'm experience before.
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