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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #4,281
  • Dec 26, 2007 8:34pm Dec 26, 2007 8:34pm
Quoting Malaysia
It was a SNAIL journey indeed Cable was climbing up real slow and already at yesterday HIGH right now.

However, today is another story. Lots of News to watch out!!! Hmmm... if the News came out as forecast... CABLE should FREE FALL today. I am preparing myself to catch EXPENSIVE Price to SELL FROM BOUNCE. Patience.....

tell more why u say today cable's gonna go down. how much would it fall? would it breach 1.9750?
You better be ready for the future, for the future is NOW.
  • #4,282
  • Dec 26, 2007 8:52pm Dec 26, 2007 8:52pm
Quoting jackojacko
tell more why u say today cable's gonna go down. how much would it fall? would it breach 1.9750?
As long as CABLE below 2.0000 psycho Resistance... I am in favor of SELL FROM BOUNCE.

Fundamentally... the Pound Sterling should weaken as the Interest Rate Cut is Imminent next year. The only doubt now is the US Dollar... will the FED cut the rate or fixed it next year? To speculate all of these... have to decipher all the economic data being release.

Technically... the CABLE should retrace now... the question is... Retrace until when? Breaking certain RESISTANCE and FIBBO lines can determine either it's just a RETRACEMENT or REVERSAL. If REVERSAL... I'll change strategy from SFB to BFD.

Have a look at the Calendar today. Forecast to be BEARISH for CABLE. However, nothing certain yet until the actual release time. Just get prepared for both possibilities. My style... I always doing analysis searching for BIAS for the day to trade. BULL Bias or BEAR Bias... then I know which strategy to use... either SFB or BFD.
For CABLE... I would say BULL bias during this ASIAN SESSION. Today LONDON gonna be back for business after a long holiday. Bear in mind that in FOREX... UK hold the greatest share of it. I am expecting a very volatile market psychology today when LONDON OPEN.

I am an INTRADAY Trader and a DYNAMIC Trader. I just Follow wherever the market goes. BULL or BEAR... preparing myself for both possibilities Money Management wisely...

p/s: If CABLE really fall later on... I see 1.9650 is a good target. Tripple Bottom!!!

Quoting Malaysia
Looking at all other USD pairs... clearly seen that USDollar is weakening. Apart from Cable chart.

Explanation to this... Pound Sterling and USDollar are weakening in tandem. The only question is... Which one will fall/weaken at a greater rate? That will determine the CABLE direction
  • #4,283
  • Dec 26, 2007 9:00pm Dec 26, 2007 9:00pm
AMEN to that!
yea im looking forward to an entry to SFB. looks like its goin down soon.

happy trading!

cheers!
You better be ready for the future, for the future is NOW.
  • #4,284
  • Dec 26, 2007 9:06pm Dec 26, 2007 9:06pm
Quoting jackojacko
AMEN to that!
yea im looking forward to an entry to SFB. looks like its goin down soon.

happy trading!

cheers!
A.Y.O.R >>> At Your Own Risk

I hope you are not following me blindly as my Money Management surely differ from yours.

Nothing certain yet until the NEWS is released
  • #4,285
  • Dec 26, 2007 9:13pm Dec 26, 2007 9:13pm
yea i noe im demoing only. might hav lunch 1st. might consider goin in short when GU reaches 1.9880. u have any live acc? which broker u using?

Btw to all malaysian, anyone from kuching of sarawak? i'd be glad to hav someone from my town.

cheers and happy trading!
You better be ready for the future, for the future is NOW.
  • #4,286
  • Dec 26, 2007 9:20pm Dec 26, 2007 9:20pm
Quoting jackojacko
yea i noe im demoing only. might hav lunch 1st. might consider goin in short when GU reaches 1.9880. u have any live acc? which broker u using?
You still don't have a clue... I opened up this thread originally with DEMO acc. Reporting every entry and exit according to the Strategy being discuss over here. The Demo acc gained more than 200% return within a month. Then I opened up a fresh LIVE acc exclusive to this thread and doing the same thing... reporting every entry and exit. The LIVE acc already gained more than 100% return within 3 weeks.

Perhaps you should take your time to scroll back to understand further what is going on in this thread
  • #4,287
  • Dec 26, 2007 9:22pm Dec 26, 2007 9:22pm
sham, r u hedging rite now? SELL n BUY ?
  • #4,288
  • Dec 26, 2007 9:28pm Dec 26, 2007 9:28pm
lol cool. i read the first few thread nia so lazy to read the rest man. too much. which broker u using?
You better be ready for the future, for the future is NOW.
  • #4,289
  • Dec 26, 2007 9:29pm Dec 26, 2007 9:29pm
Quoting arinforex
sham, r u hedging rite now? SELL n BUY ?
I hedged since yesterday. Already took off my BUY position. Took off too early and Cable still shooting up. Will Hedge again if it goes more than 1.9880 Almost all TF OVERBOUGHT already... STOCH SERIOUSLY being smash at the ceiling. When it will come back down? that's the mystery. USDollar really weakening now.
  • #4,290
  • Dec 26, 2007 9:32pm Dec 26, 2007 9:32pm
Quoting jackojacko
lol cool. i read the first few thread nia so lazy to read the rest man. too much. which broker u using?
Not my intention to promote any broker here. By the way I just use any brokers my clients given to me. As for this thread... it's so simple to find out which broker I am using now. I hope you are clever enough to find out yourself.
  • #4,291
  • Dec 26, 2007 9:41pm Dec 26, 2007 9:41pm
Seems like the Aussie already rocketing to the moon Anyone trading that pair now. Congrats if your are LONG on it
  • #4,292
  • Dec 26, 2007 9:48pm Dec 26, 2007 9:48pm
not good...not good...usd showing great weakness rite now... but for AUD..its aussie itself that stronger.
  • #4,293
  • Dec 26, 2007 9:52pm Dec 26, 2007 9:52pm
Quoting arinforex
not good...not good...usd showing great weakness rite now... but for AUD..its aussie itself that stronger.
It's Asian Session... just wait till London Open to see a clearer clue of the market direction

p/s: It seems like the Aussie itself getting stronger. They are open for business now. UsdChf and EurUsd not much change.
  • #4,294
  • Dec 26, 2007 9:54pm Dec 26, 2007 9:54pm
Quoting arinforex
not good...not good...usd showing great weakness rite now... but for AUD..its aussie itself that stronger.
how do u know?

cheers!
You better be ready for the future, for the future is NOW.
  • #4,295
  • Dec 26, 2007 9:58pm Dec 26, 2007 9:58pm
Quoting jackojacko
how do u know?

cheers!
If you have multiple screens... open up different charts of USD pairs on different screens. If you only have 1 screen... tile them up vertically together.
Attached Image (click to enlarge)
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  • #4,296
  • Dec 26, 2007 10:03pm Dec 26, 2007 10:03pm
Quoting Malaysia
If you have multiple screens... open up different charts of USD pairs on different screens. If you only have 1 screen... tile them up vertically together.
dude i noe tat la juz tat i tot there're other sources den the graph alone tat im not aware of.
You better be ready for the future, for the future is NOW.
  • #4,297
  • Dec 26, 2007 10:05pm Dec 26, 2007 10:05pm
Quoting jackojacko
how do u know?

cheers!
same with GU..we will know wheter GU up or down bcoz of gbp itself become stronger or weaker or bcoz of USD factor... i normally use Euro/Gbp and USDCHF to make sure of it.
  • #4,298
  • Dec 26, 2007 10:09pm Dec 26, 2007 10:09pm
Quoting jackojacko
dude i noe tat la juz tat i tot there're other sources den the graph alone tat im not aware of.
News wise:

Quote
Australia''s All Ordinaries Index is currently advancing 43 points or 0.67% to 6,431

My SELL FROM BOUNCE on Cable just now at 1.9871 already profiting ... Will take out profit or placing SL to BE soon
  • #4,299
  • Dec 26, 2007 10:15pm Dec 26, 2007 10:15pm
haha i shorted in at 1.9872 man! when shud i get out?
You better be ready for the future, for the future is NOW.
  • #4,300
  • Dec 26, 2007 10:16pm Dec 26, 2007 10:16pm
Anybody knows when will be is the exact date for closing an account for Japanese company? US? European? Thanks & see ya all next year.
I am bored..
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