Malaysia | Page 174 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help needed in OANDA + users from Malaysia 105 replies

Attachments: Malaysia
Exit Attachments

Malaysia

  • #3,461
  • Dec 10, 2007 6:25am Dec 10, 2007 6:25am
That 50% Fibbo just been poked by the BULL :surprised Will be changing SL below it if the Bull managed to FLY away from that Fibbo I am so Lucky indeed

p/s: Did anyone BFD when it touched 20 wma just now?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd537a.PNG Size: 23 KB
  • #3,462
  • Dec 10, 2007 6:34am Dec 10, 2007 6:34am
me, BFD at .4693

bought GU also from BFD at.0408
  • #3,463
  • Dec 10, 2007 6:34am Dec 10, 2007 6:34am
Quoting Malaysia
That 50% Fibbo just been poked by the BULL :surprised Will be changing SL below it if the Bull managed to FLY away from that Fibbo I am so Lucky indeed

p/s: Did anyone BFD when it touched 20 wma just now?
I did... anyway, thanks for those who gives comment on my post regarding the straddle technique of news trading. really appreciate it guys!
  • #3,464
  • Dec 10, 2007 6:35am Dec 10, 2007 6:35am

Now is the perfect time to BFD again if just wanna scalp since Stoch already curved up on M15 and the bear just touched the 20 wma and middle BB

Salam,

Where do u expect BFD will be for EUR?
  • #3,465
  • Dec 10, 2007 6:45am Dec 10, 2007 6:45am
Quoting belgravia
Salam,

Where do u expect BFD will be for EUR?
You've missed a few good entries already. Be prepared for the next one whenever you see the Bear CS touching 20 wma of middle BB with SL below 30 sma. As soon as the BULL take over... quickly change SL to BE or a few pips above Entry point.

BFD ROCKS Today Glad to see our friends here catch it as well
  • #3,466
  • Dec 10, 2007 6:52am Dec 10, 2007 6:52am
Sham,

Sorry to ask how do we set the 20 and 30 wma?
  • #3,467
  • Dec 10, 2007 6:55am Dec 10, 2007 6:55am
Quoting totally
so..who's gonna be nujum pak belalang here..waiting for us news at 11 pm malaysia time....
Another Great Job by "Ahli Nujum Pak Belalang" TP got hit at that 38.2% Fibbo. Banked in FAT PIPS already for CAPITAL APPRECIATION. Right now I am waiting for another BFD opportunity. If the BEAR managed to pass through 30 sma on H1... I'll stop BFD.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd538a.GIF Size: 20 KB
  • #3,468
  • Dec 10, 2007 7:00am Dec 10, 2007 7:00am
Quoting belgravia
Sham,

Sorry to ask how do we set the 20 and 30 wma?
Set up standard BB. 20 wma is Linear weight moving average. 30 sma is simple moving average. Set it at CLOSE. Best ENTRY signal is at M30 or H1. Use M5 and M15 for scalping... but let the profit runs if possible. Everything really OVERBOUGHT already. Some Significant Retracement might take place soon. Therefore BFD wisely. Use Standard Stoch to confirm the best entry.

A.Y.O.R
  • #3,469
  • Dec 10, 2007 7:04am Dec 10, 2007 7:04am
Quoting Malaysia
Another Great Job by "Ahli Nujum Pak Belalang" TP got hit at that 38.2% Fibbo. Banked in FAT PIPS already for CAPITAL APPRECIATION. Right now I am waiting for another BFD opportunity. If the BEAR managed to pass through 30 sma on H1... I'll stop BFD.
i'm always happy when someone quote my post...

UJ will test 50 fibo on daily...up and away...
Attached Image (click to enlarge)
Click to Enlarge Name: spider3_edited.jpg Size: 80 KB
Patience is virtue
  • #3,470
  • Dec 10, 2007 7:05am Dec 10, 2007 7:05am
Quoting belgravia
Sham,

Sorry to ask how do we set the 20 and 30 wma?
If u're using MetaTrader 4.0, on the top of the chart, click Insert -> Indicators -> Trend -> Moving Average. Then on the setting, put 20 and 30 at Period, MA Method choose Linear Weighted and then Apply to CLOSE. it means that u have to do it twice if u want to have WMA20 & WMA30. Walllaa... there goes ur WMAs
  • #3,471
  • Dec 10, 2007 7:11am Dec 10, 2007 7:11am
Quoting totally
i'm always happy when someone quote my post...

UJ will test 50 fibo on daily...up and away...
UJ has been a GOOD BOY so far. Never Break 30 sma since last Wednesday :surprised Lots and Lots of BFD opportunity at 30 sma on H1 chart
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd539a.PNG Size: 30 KB
  • #3,472
  • Dec 10, 2007 7:13am Dec 10, 2007 7:13am
Quoting Jackhalid
If u're using MetaTrader 4.0, on the top of the chart, click Insert -> Indicators -> Trend -> Moving Average. Then on the setting, put 20 and 30 at Period, MA Method choose Linear Weighted and then Apply to CLOSE. it means that u have to do it twice if u want to have WMA20 & WMA30. Walllaa... there goes ur WMAs
Correction:

20 WMA >>> Linear weight MA
30 SMA >>> Simple MA
  • #3,473
  • Dec 10, 2007 7:20am Dec 10, 2007 7:20am
Quoting Malaysia
That was my strategy to counter the SLIPAGE problem by entering the market using speculative FA... Unfortunately the speculation wasn't accurate... If you notice... lately the market psychology is adapting more to speculation and reacted beforehand. Lately Brokers also increase spread tremendously during the News. That's why I've improvised my STRADLE strategy... and there's always RISK in Opportunity.
Slippage is always there especially during news events, that is why most broker will warn their customers to avoid trading during news events. But there will be huge movements during news that it is so hard to let it go...

So, it would be better if we plan our positions early.....with the correct amount of risk...well....that that is how i beat the slippage...

p/s - Do you think cable is testing the top of the weekly tunnel?
  • #3,474
  • Dec 10, 2007 7:34am Dec 10, 2007 7:34am
Quoting papa_72
Slippage is always there especially during news events, that is why most broker will warn their customers to avoid trading during news events. But there will be huge movements during news that it is so hard to let it go...

So, it would be better if we plan our positions early.....with the correct amount of risk...well....that that is how i beat the slippage...

p/s - Do you think cable is testing the top of the weekly tunnel?
That what I was doing earlier on... by entering the market before the news release to avoid SLIPAGE. To do this FA must be fully equipped. Even I was wrong in making speculation earlier on. Thanks to the MM. That'll minimize the LOSS if the opposite occurred.

What do you mean weekly tunnel. If you can attach any chart that would be helpful. do you mean this? That would be far away from now... but highly possible if the FED gonna CUT 50bp later on
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd540a.PNG Size: 25 KB
  • #3,475
  • Dec 10, 2007 7:37am Dec 10, 2007 7:37am
[

20 WMA >>> Linear weight MA
30 SMA >>> Simple MA


Thanx a lot guys,

Another thing BB is Bolinger am i correct? any changes on its setting and properties?

My BB have Period set at 20
  • #3,476
  • Dec 10, 2007 7:46am Dec 10, 2007 7:46am
Gosh.I missed all this discussion opportunity...Trading GJ isn't easy today as I did preassumption n tried ceiling to floor kind of trading-yes...you know, the ceiling is not the top, n floating keep my head throbbing.( n I'm intraday minitraders...so this method would kill me.
And I can't concentrate on my trading as working at the other side of world(and this give headache too).See u guys.
  • #3,477
  • Dec 10, 2007 7:50am Dec 10, 2007 7:50am
Good Morn. guys, eve.? I bought GBP/US last nite before sleep. Made Salat & read alittle wisdom. Al hamdullah at least I book 37 pips.
  • #3,478
  • Dec 10, 2007 7:52am Dec 10, 2007 7:52am
Another BFD triggered on M5. The 20 wma is touched!!! I am seriously gonna scalp for 10 pips on this one. Placing SL 10 pips as well. Really hard to go up higher without significant RETRACEMENT... perhaps later on it gonna retrace until touching 20 wma on H1 chart. That would be a REAL BARGAIN for BFD. Real cheap price

p/s: Belgravia... BB is Boligger Band at standard... 20 And make sure you've got 20 wma and 30 SMA... NOT 30 wma. Scroll back to earlier pages to understand this strategy fully.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd541a.PNG Size: 20 KB
  • #3,479
  • Dec 10, 2007 7:56am Dec 10, 2007 7:56am
Quoting abbassi
Good Morn. guys, eve.? I bought GBP/US last nite before sleep. Made Salat & read alittle wisdom. Al hamdullah at least I book 37 pips.
Alhamdulillah Yar hamm kAllah.
  • #3,480
  • Dec 10, 2007 8:05am Dec 10, 2007 8:05am


p/s: Belgravia... BB is Boligger Band at standard... 20 And make sure you've got 20 wma and 30 SMA... NOT 30 wma. Scroll back to earlier pages to understand this strategy fully.

InsyaAllah if i understand it correct just now 30 shud be simple and 20 linear weighted.

Therefore u get 30 SMA and 20 WMA
BB set at 20
7 traders viewing now