nice to see u guys again...don't know what to post now...hi to new traders hang in here...make urself at home...i'm short at uj now...some pips around..
Patience is virtue
- #4,502
- Dec 28, 2007 8:27am Dec 28, 2007 8:27am
nice to see u guys again...don't know what to post now...hi to new traders hang in here...make urself at home...i'm short at uj now...some pips around..
. Maybe I join you diving .... later . BTW ... me named BABYBOY the NKOTB FF.H@ppy Tr@ding...
Banker please return my pipins. 
- #4,503
- Dec 28, 2007 8:31am Dec 28, 2007 8:31am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
nice to see u guys again...don't know what to post now...hi to new traders hang in here...make urself at home...i'm short at uj now...some pips around..
Will wait for the BULL wave from the 11 O Clock News... if there's any. Might be testing today HIGH again if RED News come out. That is around 61.8% Fibbo from 19th High to 24th Low. Very STRONG resistance there. 
- #4,504
- Dec 28, 2007 8:39am Dec 28, 2007 8:39am
Hi S@v@nt,
Thx for your advise... I'm practising a 30mins TA with SL30, TP40... on GU/EU/UJ on building up my capital.
Coz, today I'm evaluating on GJ, that's has some question raised... Frankly, I dont expect such volatile GJ... luckily fried abit .... at least a punishment to myself... haha BTW, I got afraid cos the letter to BIG .... gimme a scary look BRO....
ok, this is what i always do. sl is always at 101 pips. honest, don't worry, you loose 100 pips now, but later you can recover later another 100 pips. or 200 pips daily, that wont be difficult. i trade gj now. i concentrate only on this pair. trail every movement. i use 7 sma, 20 wma and 50 ema. analyse using 4 hr and daily chart. entry is always 15 and 30 min chart.
discipline. it can be done. thank you.
- #4,505
- Dec 28, 2007 8:42am Dec 28, 2007 8:42am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
If today CABLE close around the current price right now which is 1.9930. A SHOOTING STAR CS will be formed at the DAILY chart... which means... next week HIGH possibility gonna be BEARISH BIAS. That if it closes at this price... Nothing certain yet until the market close. For CS signal... has to wait the next CS formation to reconfirm REVERSAL. Study H1 Cable chart now... you'll see a shooting star CS with bearish CS next to it conforming REVERSAL/RETRACEMENT.
This is TA... FA is another thing to look out for. Next FRIDAY we will have NFP!!!
This is TA... FA is another thing to look out for. Next FRIDAY we will have NFP!!!
- #4,506
- Dec 28, 2007 8:46am Dec 28, 2007 8:46am
According to my TA, bearish UJ ... Just waiting for entry now ...
H@ppy Tr@ding...
Cable dropped... I missed the opportunity to UNHEDGE just now
Patience is virtue
- #4,509
- Dec 28, 2007 9:07am Dec 28, 2007 9:07am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
10:45pm USD http://www.forexfactory.com/images/m...act_medium.gif Chicago PMI 56.6 52.0 52.9
This came out first and CABLE retrace HEAVILY until 1.9901.
11:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif New Home Sales 647K 718K 728K
Then this came out... UP WE GO!!! Really CRAZY FRIDAY!!! Let see... will the BULL test today HIGH?
- #4,513
- Dec 28, 2007 9:20am Dec 28, 2007 9:20am
Well, I guess US will face a recession..just a guess...and many expert says..double top will be made on daily for eurusd...cable might be too...
Mon
Dec 31
11:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif Existing Home Sales
http://www.forexfactory.com/images/m...dar_detail.gif
4.97M
we'll see for next week...and expert says(not me..)
ps: i have O blood type too..and must keep the pressure low..
Mon
Dec 31
11:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif Existing Home Sales
http://www.forexfactory.com/images/m...dar_detail.gif
4.97M
we'll see for next week...and expert says(not me..)
What Are The Markets Facing?
On Monday, the National Association of Realtors is expected to report that existing home sales held at 4.97 million - the lowest reading since record-keeping began in 1999. Sales of existing homes account for nearly 85 percent of the market, according to NAR, so this particular release serves as a good indicator of the status of the sector as a whole. Traders will also be looking at the inventory component, as signs that supplies continue to build while demand wanes will suggest that prices have much further to fall. This news will not be entirely surprising as everyone from US Treasury Secretary Henry Paulson to Fed Chairman Ben Bernanke has acknowledged the dismal prospects for the housing sector. Still, worse-than-expected readings may only lead the markets to price in sharper rate cuts for January 30. However, Richmond Fed President Jeffrey Lack, an alternate voting member on the FOMC, said recently: “I have to say that I am uncomfortable with the inflation picture, and disappointed that the improvement we saw earlier this year was not more lasting.” Nevertheless, despite such commentary that suggests the Fed will not reduce the federal funds rate next month, fed fund futures now price in an 76 percent chance of a 25bp cut – up from 68 percent a day ago but down from 92 percent a week ago. As a result, a worse-than-expected existing home sales report could exacerbate market speculation that the Fed will indeed cut rates. Thanx dailyfx
ps: i have O blood type too..and must keep the pressure low..
Patience is virtue
- #4,514
- Dec 28, 2007 9:22am Dec 28, 2007 9:22am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Cable dropped... I missed the opportunity to UNHEDGE just now
- #4,515
- Dec 28, 2007 9:23am Dec 28, 2007 9:23am
I'm O +ve, but the doctor don't allow me to donate blood because I'm underweight. Sorry.
Monthly Profit & Lost :-
May - +85 pips
- #4,516
- Dec 28, 2007 9:29am Dec 28, 2007 9:29am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Its good to donate blood, but i dont think this is the blood donation thread...btw im O -.
GREAT!!!
I am O -Ve too... I guess. We can count on each other p/s: Releasing some stress by discussing other thing... no harm
How about we go fishing tomorrow night at the Salt Water Pond nearby my house? Can catch SIAKAP or PRAWNS. - #4,517
- Dec 28, 2007 9:37am Dec 28, 2007 9:37am
ok, this is what i always do. sl is always at 101 pips. honest, don't worry, you loose 100 pips now, but later you can recover later another 100 pips. or 200 pips daily, that wont be difficult. i trade gj now. i concentrate only on this pair. trail every movement. i use 7 sma, 20 wma and 50 ema. analyse using 4 hr and daily chart. entry is always 15 and 30 min chart.
discipline. it can be done. thank you.
Let me try out using DEMO...
... I'll give average 2 week result ... .Arigato ....
Banker please return my pipins.
- #4,519
- Dec 28, 2007 9:40am Dec 28, 2007 9:40am
Good night, Malaysia.
So tired after running here and there looking for BLOOD.
One of my uncle was down with dengue fever and he need O+ type of blood.
It is very hard to find Blood Type O. Learn the importance of voluntary blood donation today.
BTW, the signal is to short CADCHF at 1.1564.
Profits until D1 trend reverse or hit SL at 1.1664. Use 3% of equity
According to statistic, O+ Blood are easily get... except 0- Blood. this is the toughest.....
Banker please return my pipins.
- #4,520
- Dec 28, 2007 9:44am Dec 28, 2007 9:44am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Well, I guess US will face a recession..just a guess...and many expert says..double top will be made on daily for eurusd...cable might be too...
we'll see for next week...and expert says(not me..)Mon
Dec 31
11:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif Existing Home Sales ??? ??? 4.97M
ps: i have O blood type too..and must keep the pressure low..What Are The Markets Facing?
On Monday, the National Association of Realtors is expected to report that existing home sales held at 4.97 million - the lowest reading since record-keeping began in 1999. Sales of existing homes account for nearly 85 percent of the market, according to NAR, so this particular release serves as a good indicator of the status of the sector as a whole. Traders will also be looking at the inventory component, as signs that supplies continue to build while demand wanes will suggest that prices have much further to fall. This news will not be entirely surprising as everyone from US Treasury Secretary Henry Paulson to Fed Chairman Ben Bernanke has acknowledged the dismal prospects for the housing sector. Still, worse-than-expected readings may only lead the markets to price in sharper rate cuts for January 30. However, Richmond Fed President Jeffrey Lack, an alternate voting member on the FOMC, said recently: “I have to say that I am uncomfortable with the inflation picture, and disappointed that the improvement we saw earlier this year was not more lasting.” Nevertheless, despite such commentary that suggests the Fed will not reduce the federal funds rate next month, fed fund futures now price in an 76 percent chance of a 25bp cut – up from 68 percent a day ago but down from 92 percent a week ago. As a result, a worse-than-expected existing home sales report could exacerbate market speculation that the Fed will indeed cut rates. Thanx dailyfx
Today NEW HOME SALES realy realy RED... therefore... very likely the EXISTING HOME SALES data this coming Monday gonna be RED too
In addition to that... Bhutto Assassination... perfect timing to put more trouble to the US. Does the person behind the assassination trade FOREX too?
So much trouble in the US now... I wonder how the NFP next Friday gonna be like. Some people really wanna see US on RECESSION. Urghhhh... will it affect the rest of the world... especially Malaysia? The ALARM just triggered in my mind.