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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #3,221
  • Dec 5, 2007 3:23am Dec 5, 2007 3:23am
Important NEWS in 10 mins time in the UK !!! Will be placing PO soon on CABLE. Never knows... CRAZY UNEXPECTED SURPRISE data would come out. Bias on the BEAR of course... hmmmm seems like PRICED IN already... 2.0400 just broke :surprised
  • #3,222
  • Dec 5, 2007 3:35am Dec 5, 2007 3:35am
Quoting Malaysia
Important NEWS in 10 mins time in the UK !!! Will be placing PO soon on CABLE. Never knows... CRAZY UNEXPECTED SURPRISE data would come out. Bias on the BEAR of course... hmmmm seems like PRICED IN already... 2.0400 just broke :surprised
I did sell 1 minute before the news... BECAUSE so sure of the BAD data. TP got hit... easily banked in USD250 in less than 5mins
  • #3,223
  • Dec 5, 2007 4:16am Dec 5, 2007 4:16am
Bad news for me, just noticed by bank account hijacked for nearly $10,000.
Very upset. Can't believe it.
  • #3,224
  • Dec 5, 2007 4:24am Dec 5, 2007 4:24am
Quoting abbassi
Bad news for me, just noticed by bank account hijacked for nearly $10,000.
Very upset. Can't believe it.
Your bank acc got hijacked How come? You are talking about BANK acc or Trading acc?

If BANK acc... surely they can trace the beneficiary acc number.
  • #3,225
  • Dec 5, 2007 5:04am Dec 5, 2007 5:04am
Azan MAGRIB.... Hayya'alal Solah.... Hayya'alal Falah I am going to pray and thank God for blessing me today
  • #3,226
  • Dec 5, 2007 5:12am Dec 5, 2007 5:12am
Quoting Malaysia
Azan MAGRIB.... Hayya'alal Solah.... Hayya'alal Falah I am going to pray and thank God for blessing me today
Can u give me some opnions on gj?I just open a long position and target 100 pips for gj do u think its relevant.Cause i saw a retrace and today is triple interest day i think someone going to m,ove the market.What do u think sry for bothering u cause i think u r quite an experience trader so just wanna seek ur opinion.
  • #3,227
  • Dec 5, 2007 5:17am Dec 5, 2007 5:17am
Quoting Malaysia
That's why I said... HAVE TO CONSIDER BID AND ASK PRICE... that's the SPREAD. If too much... I'll just stay aside... and catch the 2nd Train.
What I meant by slippage is for example, I put in a buy entry order (or buy PO as you called it) at 2.0400 but gets filled in at 2.0450. So I miss out about 50 pip profit right there. Does your broker do this as well?
I'm a money magnet! Thank You, Thank You, Thank You!
  • #3,228
  • Dec 5, 2007 5:40am Dec 5, 2007 5:40am
Quoting stan88
Can u give me some opnions on gj?I just open a long position and target 100 pips for gj do u think its relevant.Cause i saw a retrace and today is triple interest day i think someone going to m,ove the market.What do u think sry for bothering u cause i think u r quite an experience trader so just wanna seek ur opinion.
I don't trade GJ mate. The best shot I can give is... you'll need to wait until STARTING BELL for US Stocks Market to open. DJI might have influence on CARRY TRADE. If Dow Jones Drop today... further south for GJ possible. If DJI bullish... GJ might have trouble to go UP because GU halting it. This subjected to the strength of the US Dollar when US open. You better seek others advice since I haven't trade GJ for such a long time.
  • #3,229
  • Dec 5, 2007 5:57am Dec 5, 2007 5:57am
Quoting drmahathir
What I meant by slippage is for example, I put in a buy entry order (or buy PO as you called it) at 2.0400 but gets filled in at 2.0450. So I miss out about 50 pip profit right there. Does your broker do this as well?
maybe its ur spread is too big...u should try other broker...its not a big problem...
Patience is virtue
  • #3,230
  • Dec 5, 2007 6:00am Dec 5, 2007 6:00am
Quoting drmahathir
What I meant by slippage is for example, I put in a buy entry order (or buy PO as you called it) at 2.0400 but gets filled in at 2.0450. So I miss out about 50 pip profit right there. Does your broker do this as well?
The slippage is unavoidable. When news release... sudden move of the price sometimes too quick for the server to captured and triggered your pending order at the exact price. Just the same if you click BUY or SELL during the release... there will be lots of requotes because the price keep on moving fast. Even worse last time before WWW was created... order by phone!!! Can you imagine the slippage

To avoid this... sometimes I do extensive FA to speculate the NEWS. Let say tomorrow BOE gonna announce new IR. If I speculate that RATE CUT is eminent... I'll already place SHORT in advance before the release with tight SL. Then I'll set PO BUY STOP at the Short SL.
  • #3,231
  • Dec 5, 2007 6:04am Dec 5, 2007 6:04am
Quoting Malaysia
The slippage is unavoidable. When news release... sudden move of the price sometimes too quick for the server to captured and triggered your pending order at the exact price. Just the same if you click BUY or SELL during the release... there will be lots of requotes because the price keep on moving fast. Even worse last time before WWW was created... order by phone!!! Can you imagine the slippage

To avoid this... sometimes I do extensive FA to speculate the NEWS. Let say tomorrow BOE gonna announce new IR. If I speculate that RATE CUT is eminent... I'll already place SHORT in advance before the release with tight SL. Then I'll set PO BUY STOP at the Short SL.
oo...ignore my comment cek dek....this one is better...
Patience is virtue
  • #3,232
  • Dec 5, 2007 6:10am Dec 5, 2007 6:10am
Quoting Malaysia
The slippage is unavoidable. When news release... sudden move of the price sometimes too quick for the server to captured and triggered your pending order at the exact price. Just the same if you click BUY or SELL during the release... there will be lots of requotes because the price keep on moving fast. Even worse last time before WWW was created... order by phone!!! Can you imagine the slippage

To avoid this... sometimes I do extensive FA to speculate the NEWS. Let say tomorrow BOE gonna announce new IR. If I speculate that RATE CUT is eminent... I'll already place SHORT in advance before the release with tight SL. Then I'll set PO BUY STOP at the Short SL.
Thanks. At least I know that slippage happens with most brokers and not my broker alone. I doubt there's any broker where slippage doesn't happen, otherwise we'll all be millionaires by trading news alone!
I'm a money magnet! Thank You, Thank You, Thank You!
  • #3,233
  • Dec 5, 2007 6:11am Dec 5, 2007 6:11am
Quoting Malaysia
I don't trade GJ mate. The best shot I can give is... you'll need to wait until STARTING BELL for US Stocks Market to open. DJI might have influence on CARRY TRADE. If Dow Jones Drop today... further south for GJ possible. If DJI bullish... GJ might have trouble to go UP because GU halting it. This subjected to the strength of the US Dollar when US open. You better seek others advice since I haven't trade GJ for such a long time.
Thanks for ur advice hopefully there will be a bull for gj
  • #3,234
  • Dec 5, 2007 6:15am Dec 5, 2007 6:15am
This thread is Cool


Quoting Malaysia
Why border creating this thread?

I am from Malaysia and I noticed that there are many Malaysians joining FF.

The time zone here is GMT + 8hrs. As for me, hard to stay up the whole night to trade. Sometimes I do so but most of the time I trade during London open, that is at 3pm here in Malaysia. Those from neighboring countries such as Singapore, Brunei, Indonesia, Thailand, Philippine, etc are welcome to join in as we share the same time zone.

Lately, there are many Malaysians got cheated with SCAM Companies that are booming in Malaysia right now. We can use this thread to warn each other out.

The greatest of wealth is KNOWLEDGE and the worst of poverty is IGNORANCE. Therefore, lets educate each other as I find it the more I teach people the more I learn.

  • #3,235
  • Dec 5, 2007 6:20am Dec 5, 2007 6:20am
Quoting Affex
This thread is Cool
Thank you friend Really happy to receive a compliment from a CANADIAN Trader
  • #3,236
  • Dec 5, 2007 6:43am Dec 5, 2007 6:43am
As for tonight I think CABLE gonna be ranging between RED 0.0% Fibbo and Blue 161.8% Fibbo. Tomorrow might be possible to drop further to 261.8% Fibbo extension or even more South if BOE Cut the IR. If BOE fixed the IR... we might see 2.0600 or 2.0700 tomorrow.
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  • #3,237
  • Dec 5, 2007 6:56am Dec 5, 2007 6:56am
Quoting Zul
USD/JPY Intraday London session
1st sup.
110.38
2nd sup.
110.18
3rd sup.
110.04
1st res.
110.69
2nd res.
111.10
3rd res.
111.22

Counter trend strategy can be considered on for short positions on fail of initial resistance at 110.69 with 110.38 & 110.18 as next targets.

Alternative scenario, long positions on bounce off/fail initial support at 110.38 towards 110.69 & 111.10.

Comment: The 30-minutes RSI has broken above a declining trend line.


Any short positions on fail of initial resistance at 110.69 should apply 15 pips trailing stop or close with profit at current price for capital appreciation.Initial support seen at 110.12.

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  • #3,238
  • Dec 5, 2007 6:56am Dec 5, 2007 6:56am
thanx for the fibo catch malaysia....theres 15 minutes more for us open and news release....

8:15am USD http://forexfactory.com/images/misc/...mpact_high.gif ADP Nonfarm Employment Change
http://forexfactory.com/images/misc/calendar_detail.gif
50K 106K
8:30am USD http://forexfactory.com/images/misc/...act_medium.gif Nonfarm Productivity q/q (r)
http://forexfactory.com/images/misc/calendar_detail.gif
5.7% 4.9%
Patience is virtue
  • #3,239
  • Dec 5, 2007 7:25am Dec 5, 2007 7:25am
Quoting totally
thanx for the fibo catch malaysia....theres 15 minutes more for us open and news release....

9:15pm USD http://www.forexfactory.com/images/m...mpact_high.gif ADP Nonfarm Employment Change 189K 50K 106K

Shocking NEWS predicted RED but came out VERY VERY VERY GREEN!!! That 0.0%Fibbo on CABLE gonna break!!!!

p/s: I've got SHORT on EU from top
  • #3,240
  • Dec 5, 2007 7:27am Dec 5, 2007 7:27am
After the ADP news, USDJPY is shooting up, and GBPUSD shooting down, and the GBPJPY is dancing up and down. What a hard pair to trade.......
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