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Help needed in OANDA + users from Malaysia 105 replies

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  • #2,321
  • Nov 19, 2007 10:46am Nov 19, 2007 10:46am
Noticed 2 dojis on my M5 chart... I am going LONG with SL below the TRIANGLE Support.
Attached Image (click to enlarge)
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  • #2,322
  • Nov 19, 2007 10:53am Nov 19, 2007 10:53am
bro, whats relation between dow jones and GU? can u explain..tq..
  • #2,323
  • Nov 19, 2007 11:03am Nov 19, 2007 11:03am
Quoting Malaysia
Noticed 2 dojis on my M5 chart... I am going LONG with SL below the TRIANGLE Support.
Ouch!!! 4 pips away from my SL Breaking that Triangle Support.... let it be FALSE BREAKOUT.... please. Hit my SL i am out done for tonight. Better get away while NETT Profit still on the GREEN.
  • #2,324
  • Nov 19, 2007 11:08am Nov 19, 2007 11:08am
tonight still red result... not good...
  • #2,325
  • Nov 19, 2007 11:10am Nov 19, 2007 11:10am
Quoting arinforex
bro, whats relation between dow jones and GU? can u explain..tq..
Dragging effect... sometimes have sometimes don't have. Because DJI dragging CARRY TRADE... including GJ... if so strong... dragging GU... really tricky. Got to observe the correlation everyday to really understand it. Even now... I'm still not really understand it. Better don't border knowing it. As for me... I need to know WHY... what move the market. Certainly NOT the TA... I found the answer when I look at DJI. I might be wrong... but I've been observing this since the 1st Trade I've made.
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  • #2,326
  • Nov 19, 2007 11:19am Nov 19, 2007 11:19am
so u mean, djia down, gu may also down..
  • #2,327
  • Nov 19, 2007 11:26am Nov 19, 2007 11:26am
the center BB line seen so strong @ 5M
  • #2,328
  • Nov 19, 2007 11:27am Nov 19, 2007 11:27am
i pending order long at 2.0475
  • #2,329
  • Nov 19, 2007 11:28am Nov 19, 2007 11:28am
Quoting waverider
tonight still red result... not good...
Crazy Monday this is That's why I prefer when there's NEWS around to support FA. With that... basically I'll know which BIAS the market gonna be. This is one of those days when TA and FA just don't work out as usual. I would say... completely CHAOS and RANDOM. Just the Money Management save me so far.

There's always TOMORROW. Just ensure efficient MARGIN is preserved for the better day to fight again. You might loose the battle... but that doesn't mean you've lost the WAR.
  • #2,330
  • Nov 19, 2007 11:31am Nov 19, 2007 11:31am
Quoting arinforex
so u mean, djia down, gu may also down..
Study my chart attached earlier. See something common between them. Not always like that Bro... sometimes they move opposite ways. Better don't border knowing it... ease your pain a bit.
  • #2,331
  • Nov 19, 2007 11:41am Nov 19, 2007 11:41am
Quoting waverider
the center BB line seen so strong @ 5M
True that is.... so strong the middle BB is on M5. Could have SFB all the way... but then we don't know beforehand. I wonder what would happen if that middle BB is broken on M5... spike up?

Dang!!! This type of market psychology making me psycho already. Come on.... just HIT my SL... ease my pain a bit... just wanna go to sleep already.
  • #2,332
  • Nov 19, 2007 11:41am Nov 19, 2007 11:41am
how to put djia inside mt4?
  • #2,333
  • Nov 19, 2007 11:48am Nov 19, 2007 11:48am
Quoting arinforex
how to put djia inside mt4?

You need an MT4 broker that offers it like North Finance.
Therefore what??
  • #2,334
  • Nov 19, 2007 11:49am Nov 19, 2007 11:49am
gu price already out of the triangle...so it means its going down? sorry...im very new in forex.
  • #2,335
  • Nov 19, 2007 11:53am Nov 19, 2007 11:53am
Quoting arinforex
gu price already out of the triangle...so it means its going down? sorry...im very new in forex.
Yep... it's a confirmed BREAKOUT for M30 and lower time frame... but not on the H1 above. Watch out the US news at 2am though. That would DRIVE the market.
  • #2,336
  • Nov 19, 2007 11:59am Nov 19, 2007 11:59am
confirmed breakout for smaller time frame.? i dont understand..can u elaborate?...i thought breakout is free fall price.
  • #2,337
  • Nov 19, 2007 11:59am Nov 19, 2007 11:59am
Quoting arinforex
how to put djia inside mt4?
Try this website
http://www.livecharts.co.uk/MarketCharts/dow.php
  • #2,338
  • Nov 19, 2007 12:02pm Nov 19, 2007 12:02pm
so quiet...
  • #2,339
  • Nov 19, 2007 12:06pm Nov 19, 2007 12:06pm
Quoting arinforex
confirmed breakout for smaller time frame.? i dont understand..can u elaborate?...i thought breakout is free fall price.
Ever heard about FALSE BREAKOUT? Don't be so RIGID Bro... TA not working perfectly as it should be ALL the time. Most of the time LAGGING. Nothing perfect in forecasting. If PERFECT... there will be NO MARKET at all because if everyone win... who gonna loose?
  • #2,340
  • Nov 19, 2007 12:10pm Nov 19, 2007 12:10pm
Quoting Zul
USD/JPY Intraday NY Session

1st sup.
110.11
2nd sup.
110.01
3rd sup.
109.77
1st res.
110.47
2nd res.
110.77
3rd res.
111.06

Short positions can be considered on fail of initial resistance at 110.47 with targets at 110.11 & 110.01 in extension.

Alternative scenario long on bounce to the upside at initial support at 110.11 look for further upside with 110.47 & 110.77 as targets.

Comment: the pair stands in an intraday bearish channel.



Any short positions on fail of resistance at 110.47 should apply 15 pips trailing stop or close positions at current price for capital appreciation.
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