Nothing in da news 
Except i saw Warren Bu$$er giving speech 
Except i saw Warren Bu$$er giving speech Monthly Profit & Lost :-
May - +85 pips
- #3,602
- Dec 11, 2007 11:03am Dec 11, 2007 11:03am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Seems like those big players must be in action.
- #3,603
- Dec 11, 2007 11:08am Dec 11, 2007 11:08am
Now that POUND STERLING is easily can be manipulated. I might change preferred PAIR to trade.
Monthly Profit & Lost :-
May - +85 pips
- #3,604
- Dec 11, 2007 11:45am Dec 11, 2007 11:45am
Man I'd love to try this one to. Superb simple. I'll let u know the result later. Right now I'm experimenting on other system. Good night everyone!
i remember reading in your past post that you suffered a blow up and told others about your experience during the news hour and currently have shown a lot of willingness to learn. I admire your spirit. keep it up. a few words of wisdom, not mine, but from people before me and those better than me, its the person behind it that make it happens. its not about the method you use. learn about yourself.
this are among a few of questions that you may want to answer honestly...have ever felt twice or triple the pain of losing $10 or $100 compared to losing a chance of getting $20 or $200 or 20000? when you have a winning streak you are over confident but when you lose 4 to 5 times in a row then you felt the method you use are wrong and useless and forgetting that previously the similar method has earned you a lot of money? do you think it will give you a pot of gold when there is a bunch of people says that doing this will land you a pot of gold? dont you feel that at some point in time, you should start believing in yourself and stop listening to others? have you ever linger to you loses and you dont want to let go despite of your inner sense telling you that this is wrong and i need to get out and because i saw another great setup which will make me money? or when in good times you feel that this could last forever? have you ever experienced that you are closing your mind that this should not go far because previously it was something like this, so this so be the limit and forget about the potential of it becoming worst or better? have you ever considered apart from the stoploss being hit, you yourself are your biggest risk to your trade?do you sometimes instead of blaming your weakness, you blame it to the market, the method or even your broker? do know when you are about to trigger your trade or looking at your chart or trade balance or open position, do you know what is your tendency and bias and how many do you have? again the list of questions can go on for a mile or two. its the most easiest thing to do is to tell someone to buy when it goes here and sell when it goes there. but i have experienced this and think that learning a method can be an overnight matter but overcome the psychological tenderness and bias will take sometime.
try to make some investment (not necessary money but time) to enhance the knowledge and skill. paper trade or demo a lot (many had said it before like an athlete, it takes a lot of practice to win a medal) is a nice beginning to build discipline and help to make us remember the setup like the back of our hand. another thing is take it slow. it does not matter how much you get today but what matters is how sustainable you are. "size does matter" because your portion of risk increase with the size.
enough saying, again i would like to say that i admire your spirit, and because of that i tried to convey this to you. hope you could appreciate what i am want to tell you. so keep up the good spirit
. remember human psychological or cognitive issue makes a lot of different. dont take lightly.best wishes,
G33maroon
I am bored..
- #3,606
- Dec 11, 2007 12:09pm Dec 11, 2007 12:09pm
Can anyone find a concrete reason why POUND STERLING is weakening out of the bloom?No news no nothing. Other currencies are stable and intact. I am clueless.
p/s - trade sesikit jer masa nih sebab market mmg giler dekat2 christmas nih... dapat lepas gian cukup ler...
- #3,607
- Dec 11, 2007 1:35pm Dec 11, 2007 1:35pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
3:15am USD http://www.forexfactory.com/images/m...mpact_high.gif Interest Rate Statement 4.25% 4.25% 4.50%
3:15am USD http://www.forexfactory.com/images/m...act_medium.gif Discount Rate 4.75% 4.75% 5.00%
FED cut the rate by 25bp... CHAOS!!! :surprised UP and Down. Initial Reaction. USD GAINING STRENGTH. Down to that 50% Fibbo. Aftermath effect... still UNKNOWN
UP should be good. 
- #3,610
- Dec 11, 2007 7:04pm Dec 11, 2007 7:04pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
UP CABLE UP!
- #3,611
- Dec 11, 2007 7:20pm Dec 11, 2007 7:20pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
5:30pm GBP http://www.forexfactory.com/images/m...mpact_high.gif Average Earnings Index +Bonus q/y ??? 4.2% 4.1%
5:30pm GBP http://www.forexfactory.com/images/m...act_medium.gif Claimant Count Change ??? -5.0K -9.9K
5:30pm GBP http://www.forexfactory.com/images/m...impact_low.gif Unemployment Rate ??? 5.4% 5.4%
If these news come out GREEN... then 2.0500 shall be seen again today
- #3,612
- Dec 11, 2007 7:25pm Dec 11, 2007 7:25pm
Just for the record, I don't have a strong background in Economics. I graduated in B.Eng. Hons Electromechanical Engineering from Southampton University, UK. I was an Engineer before and gave up my career for Forex Trading. However, I am planning to further my study in MBA next year
if the pitch and putt still there....
if rumah high road still there.......
if rumah mead crescent still there....
i knew that the southampton municipal golf course been upgraded.....
montefiore house area is crowded now.......
eric cooke is malaysian.......
it is a lovely place....i have a fond memories of southampton....
i just went long on cable....
- #3,613
- Dec 11, 2007 7:41pm Dec 11, 2007 7:41pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
and a lot of fond memories.....it's rings a few memories....and it makes me wonder...
if the pitch and putt still there....
if rumah high road still there.......
if rumah mead crescent still there....
i knew that the southampton municipal golf course been upgraded.....
montefiore house area is crowded now.......
eric cooke is malaysian.......
it is a lovely place....i have a fond memories of southampton....
i just went long on cable....
So we've got another Soton Univ Alumnus in here 
I stayed at Broadlands Road.... closer to the Engineering Department. - #3,614
- Dec 11, 2007 9:40pm Dec 11, 2007 9:40pm
experience is indeed expensive.....
. after all these years, there goes my writing ability, maybe its a good time to re-develop the forsaken writing skill.
I am bored..
- #3,615
- Dec 11, 2007 10:53pm Dec 11, 2007 10:53pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Looking at 4 hrs chart I can see 2 DOJIs at the bottom Can anyone decipher that? 
Can anyone decipher that? 
- #3,616
- Dec 11, 2007 11:04pm Dec 11, 2007 11:04pm
the truth is that i myslef is quite a burn-out lately. so while i am re-gaining my composure, it would be one of my greater joy if a colleague of the market could benefit from what i said. However, re-read, what i wrote and then realise how many grammatical mistake i made
Dont worry my friend, language after all is just a universal tool for ppl to understand each other, as long we understand what u talking about, no harm making grammy mistake
Keep the story comin, and so nice to c so many ppl r willing to share in here Monthly Profit & Lost :-
May - +85 pips
- #3,617
- Dec 11, 2007 11:06pm Dec 11, 2007 11:06pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
(RTTNews) - After some erratic and low-volume trade, analysts are calling for Malaysia''s Kuala Lumpur Composite Index to follow the rest of the global market to the downside Wednesday on negative cues from Wall Street.After much anticipation, the U.S. Federal Reserve did indeed cut rates by 25 basis points on Tuesday - but the markets responded with distinct negativity since the cut wasn''t as much as investors had hoped.Investors also worry about the Fed''s lingering concerns over inflation and economic slowing ahead of Wednesday''s market open.The KLCI finished marginally higher on Tuesday, adding 9.03 points or 0.63 percent to close at 1,434.16 after trading between 1904.21 and 1929.71. Volume was 739.744 million shares worth 1.455 billion ringgit. There were 394 decliners and 383 gainers, with 316 stocks remaining unchanged.Among the gainers, Telekom, Sime Darby and Maybank all finished higher, as did PINGAN-C1, Apple-C1, EXMOBIL-C, TM-CE, Genting and IOI Corp. Bucking the trend, Tenaga finished slightly lower.Wall Street offers a weak lead. After showing a lack of direction throughout much of the trading session on Tuesday, the U.S. stock markets fell sharply following the Fed''s interest rate decision. The Fed also cut the discount rate by a quarter point to 4.75 percent.While the Fed was widely expected to cut interest rates, some traders appeared disappointed in the accompanying statement. In the statement, the Fed indicated that it remained concerned about inflation, offsetting some of the recent optimism about further interest rate cuts. The major averages saw some further downside going into the close, ending the session near their worst levels of the day. The Dow closed down 294.26 or 2.1 percent at 13,432.77, while the Nasdaq fell 66.60 or 2.5 percent to 2,652.35 and the S&P 500 fell 38.31 or 2.5 percent to 1,477.65.In corporate news, state oil company Petronas has signed a series of agreements with Uzbekistan, the company said. The agreements include an exploration deal and a preliminary agreement for a production sharing deal at a variety of sites in the country. Petronas Carigali is already actively involved in the Aral Sea production sharing agreement with a 20 percent stake.Also, Bursa Malaysia is in preliminary talks with the Chicago Mercantile Exchange about a possible partnership that could include an equity stake. Bursa Malaysia seeks to expand its business after watching the Singapore Exchange use options trading as a main source of growth in recent years.Finally, TM Asia Life Malaysia Bhd. saw 40 percent growth in new business premiums as at end-October 2007 on new products, the company said. TM Asia Life is the first Japanese owned life insurance company in Malaysia after the acquisition of Asia General Holdings by Japan''s largest insurer, Millea Holdings.
- #3,619
- Dec 11, 2007 11:37pm Dec 11, 2007 11:37pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
muhaha..cable should go to 2.0550
- #3,620
- Dec 11, 2007 11:57pm Dec 11, 2007 11:57pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Testing 38.2% Fibbo now from Thursday Low to Yesterday High. Break that one... reduce the obstacle and it'll become strong support.
Break that one... reduce the obstacle and it'll become strong support.