Malaysia | Page 268 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help needed in OANDA + users from Malaysia 105 replies

Attachments: Malaysia
Exit Attachments

Malaysia

  • #5,341
  • Jan 11, 2008 2:04am Jan 11, 2008 2:04am
Quoting oghe-klate
Waaaa... good for you bro.

I still hold my SHORT GJ.
Didnt get pass the trend line that i draw, went back up again. Careful Might able to c 213.40 range. Bull still stronger than bear in my charts.
Monthly Profit & Lost :- May - +85 pips
  • #5,342
  • Jan 11, 2008 2:09am Jan 11, 2008 2:09am
GBP/JPY Intraday London session

1st sup.
211.98
2nd sup.
211.25
3rd sup.
210.89
1st res.
213.47
2nd res.
213.85
3rd res.
214.50

Trend following strategy can be considered for short positions on fail of resistances between 213.47 and 213.85 with targets at211.98 & 211.25 in extension.

Alternative scenario, above 213.85 looks for further correction upside with 214.50 as target.

Comment: The 30 minutes chart RSI is on the downside, the pair remains within a bearish channel.

Disclaimer-Please Read

All resources are for Educational Purposes Only.

Investing and Trading involves significant financial risk and is not suitable for everyone. Before deciding to invest or trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Investors and Traders should consult with a professional financial advisor for the effects of active investing.
Any opinions, news, research, analyses, prices, or other information is provided as general market commentary and does not constitute investment advice. No acceptance of liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Do Your Due Diligence and take responsibility.
  • #5,343
  • Jan 11, 2008 2:11am Jan 11, 2008 2:11am
yesterday seems a bit tricky day for me by relying more on news impact rather than technical parts that ive bee live with...

but theres always trow... (savant wordings... ) today is a great friday n will take a look for a new retracement for GU before leveraging my positions..

org klate, ur definitely big swing guys....
  • #5,344
  • Jan 11, 2008 2:12am Jan 11, 2008 2:12am
Quoting savant
Didnt get pass the trend line that i draw, went back up again. Careful Might able to c 213.40 range. Bull still stronger than bear in my charts.
Well, I just let it be bro.

Worst come to worst, I shall HEDGE the position to protect my profit.
  • #5,345
  • Jan 11, 2008 2:14am Jan 11, 2008 2:14am
Quoting john.baem
yesterday seems a bit tricky day for me by relying more on news impact rather than technical parts that ive bee live with...

but theres always trow... (savant wordings... ) today is a great friday n will take a look for a new retracement for GU before leveraging my positions..

org klate, ur definitely big swing guys....
Swing I did bro.
  • #5,346
  • Jan 11, 2008 2:16am Jan 11, 2008 2:16am
Quoting savant
Didnt get pass the trend line that i draw, went back up again. Careful Might able to c 213.40 range. Bull still stronger than bear in my charts.

i love to see retracement around this hour until 8... the best support seems at 1.9400... more to go fo GU...
  • #5,347
  • Jan 11, 2008 2:16am Jan 11, 2008 2:16am
Quoting oghe-klate
Well, I just let it be bro.

Worst come to worst, I shall HEDGE the position to protect my profit.
Yeah, just have enough fund to hold it or just hedge will do, it will down again later...just the way thing works for GJ.
Monthly Profit & Lost :- May - +85 pips
  • #5,348
  • Jan 11, 2008 2:36am Jan 11, 2008 2:36am
Quoting savant
Yeah, just have enough fund to hold it or just hedge will do, it will down again later...just the way thing works for GJ.
Yup! That's why MM is sooooooooo important to trade this beastly pair.

BTW, looks like EU is falling as well.
  • #5,349
  • Jan 11, 2008 2:43am Jan 11, 2008 2:43am
Quoting savant
Lol.. Welcome back ! Nice to c another active trader here and a mummy too! Well, market is just chaos for the last few weeks and trying to settle down within this 1 or 2 month. Ups n Downs all the same. Btw, which currency u trading?
hello there,

i usually concentrate g/u and sometime u/jpy and e/u.
  • #5,350
  • Jan 11, 2008 2:44am Jan 11, 2008 2:44am
Wow ... everybody sure happy today lot's of pips...
Envy, today no confident ... wait for next trading day ....
Banker please return my pipins.
  • #5,351
  • Jan 11, 2008 2:51am Jan 11, 2008 2:51am
Quoting Aiza_Parman
hello there,

i usually concentrate g/u and sometime u/jpy and e/u.
Good another GU trader. Im sure sham and other GU traders will be delighted.
Monthly Profit & Lost :- May - +85 pips
  • #5,352
  • Jan 11, 2008 2:57am Jan 11, 2008 2:57am
Quoting Aiza_Parman
hello there,

i usually concentrate g/u and sometime u/jpy and e/u.
GU huh... well, how about this for 'food for trade'

http://farm3.static.flickr.com/2200/...97970f6c_o.jpg
  • #5,353
  • Jan 11, 2008 3:53am Jan 11, 2008 3:53am
Wow still strong support 212.38 ....
Banker please return my pipins.
  • #5,354
  • Edited 4:15am Jan 11, 2008 4:05am | Edited 4:15am
Quoting Babyboy
Wow still strong support 212.38 ....

Yeah, short side should be better if u follow the trend (my chart) but who knows.. GJ is unpredictable. My strat still will long for long term.
Attached Image (click to enlarge)
Click to Enlarge Name: gj-212.98.gif Size: 44 KB
Monthly Profit & Lost :- May - +85 pips
  • #5,355
  • Jan 11, 2008 4:11am Jan 11, 2008 4:11am
Quoting Babyboy
Wow still strong support 212.38 ....
Might be broken today.
  • #5,356
  • Jan 11, 2008 4:19am Jan 11, 2008 4:19am
Well look like GU heading for bearish at the moment ? If there's no great support news ... then shall be one horse back down .... . Long time never follow my usual TA... Look like this is my future plan .. haha

What's your opinion ???
Banker please return my pipins.
  • #5,357
  • Jan 11, 2008 4:27am Jan 11, 2008 4:27am
Quoting Babyboy
Well look like GU heading for bearish at the moment ? If there's no great support news ... then shall be one horse back down .... . Long time never follow my usual TA... Look like this is my future plan .. haha

What's your opinion ???

Only next week we will know. Bad things will happen to USD . :
Monthly Profit & Lost :- May - +85 pips
  • #5,358
  • Jan 11, 2008 4:40am Jan 11, 2008 4:40am
Quoting savant
Only next week we will know. Bad things will happen to USD . :
I think the US situation cant be resolved until the next election comes to an end.
  • #5,359
  • Jan 11, 2008 4:40am Jan 11, 2008 4:40am
Quoting savant
Only next week we will know. Bad things will happen to USD . :
Will GJ continue bearish?
May God blessing all of you!
  • #5,360
  • Jan 11, 2008 4:50am Jan 11, 2008 4:50am
Quoting ff.alexyong
Will GJ continue bearish?
LOLz... seriously im really 'hoping' for long Still stuck in 228 position
Monthly Profit & Lost :- May - +85 pips
56 traders viewing now