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Help needed in OANDA + users from Malaysia 105 replies

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  • #5,641
  • Jan 23, 2008 2:52am Jan 23, 2008 2:52am
Quoting Babyboy
Y0 123,

Your chart I would say It's a big possibility of ranging till later before high break out. If you would like for entry, perhaps can go for scalping. But if the trendline being break ... analyst the momentum so then you decide to follow the trend or not ... This is from my newbie humble opinion ....
thanks very much for your opinion
change the future, not the past
  • #5,642
  • Jan 23, 2008 3:24am Jan 23, 2008 3:24am
Well... confirm trend reversal...

Hmm.... look like miss the first boat s@v@nt. Wait for second wave if there is .. Wish me LUCK Bro... tp40 enuff lor
Banker please return my pipins.
  • #5,643
  • Edited 5:57am Jan 23, 2008 5:18am | Edited 5:57am
Quoting Babyboy
Well... confirm trend reversal...

Hmm.... look like miss the first boat s@v@nt. Wait for second wave if there is .. Wish me LUCK Bro... tp40 enuff lor

Hehe, yeah.. was happy to c my TP hit, went out to fishing ,too bad didnt get any ,but at least some pips. +240 pips today, enough i think. Would call it a day, i will post my entry again if i do trade later on. Will wait till 830pm b4 i do any trade, c u guys later ok. Dinner time now.

Anyway , already set PO on NU, 0.7500 buy limit. Target is 0.7600.

Attached Image (click to enlarge)
Click to Enlarge Name: nu-7584.gif Size: 45 KB
Monthly Profit & Lost :- May - +85 pips
  • #5,644
  • Jan 23, 2008 5:35am Jan 23, 2008 5:35am
Quoting savant
Hehe, yeah.. was happy to c my TP hit, went out to fishing ,too bad didnt get any ,but at least some pips. +240 pips today, enough i think. Would call it a day, i will post my entry again if i do trade later on. Will wait till 830pm b4 i do any trade, c u guys later ok. Dinner time now.

Anyway , already set PO on NU, 0.7500 buy limit. Target is 0.7600.
D@mn S@v@nt,

Mistake again. Rush on short 207.43 on my live acct. D@mn GBP news out and retrace back 208.2x. D@mn hurting that time ..... didn't set SL thinking of dropping out.... told myself once reach 100pips -ve... Just drop . After 2-3hours ... continue bearish ... and hit my tp at 207.00 .

D@mn lucky and manage to control my emotion. My heart bipbop 2x all time... Spend time making dinner and here I am.. Sharing my experience... today... Phew what a LUCK ...

So today FR: 143pip on GJ. Thx GJ and GBP gimme a good lesson.
Banker please return my pipins.
  • #5,645
  • Jan 23, 2008 5:50am Jan 23, 2008 5:50am
Quoting anoone
hi everybody....
i really enjoy reading on this thread..
i'm still a rookie..or in other best word 'newbie'..
i only trade on demo and virtual acc before...almost a year i think
not much to share coz i think i have very little knowledge on forex..
still learning..hard..

be a man, dump some $$$$$ and show your secret weapon
  • #5,646
  • Jan 23, 2008 6:01am Jan 23, 2008 6:01am
Quoting msmsms
be a man, dump some $$$$$ and show your secret weapon
Hey msmsms ... burning pips now ... my secret weapon is just a blunt knife .... Can you help ....
Banker please return my pipins.
  • #5,647
  • Jan 23, 2008 6:03am Jan 23, 2008 6:03am
Hey Bruder,

Need your kind advice... Can I practise scalping GJ before london market ?? what do you think ???
Banker please return my pipins.
  • #5,648
  • Edited 8:12am Jan 23, 2008 8:09am | Edited 8:12am
Quoting Babyboy
Hey Bruder,

Need your kind advice... Can I practise scalping GJ before london market ?? what do you think ???
well, been practising 13ema and 26ema for 2 weeks and go live with mini account, it goes well, use 15 min chart, there will always be 2 or 3 entry point daily. if you miss the boat, there will always another one.

don;t know how to scalp.
  • #5,649
  • Jan 23, 2008 8:29am Jan 23, 2008 8:29am
Quoting msmsms
well, been practising 13ema and 26ema for 2 weeks and go live with mini account, it goes well, use 15 min chart, there will always be 2 or 3 entry point daily. if you miss the boat, there will always another one.

don;t know how to scalp.
Hmm msmsms ... ema, let me see.... I'm using BGX, . something similiar ... BTW, your entry point mainly on morning sessions before london ??? or after london...
Banker please return my pipins.
  • #5,650
  • Jan 23, 2008 8:40am Jan 23, 2008 8:40am
Hi R00m ,

Seems strong support around 205.00. Is it a good buy at the moment... ?
What do you thinking ????
Banker please return my pipins.
  • #5,651
  • Jan 23, 2008 8:49am Jan 23, 2008 8:49am
Quoting Babyboy
Hmm msmsms ... ema, let me see.... I'm using BGX, . something similiar ... BTW, your entry point mainly on morning sessions before london ??? or after london...
what is bgx ? entry point is always after the first candle close after crossing. yes seems strong support. trade what you see. if you miss then wait for the next crossing.
  • #5,652
  • Edited 7:15pm Jan 23, 2008 10:09am | Edited 7:15pm
Quoting Babyboy
Hey Bruder,

Need your kind advice... Can I practise scalping GJ before london market ?? what do you think ???

Hi, sorry for the late reply, cant post late at nite yesterday, i think something wrong with my browser. Nvm that, if u ask me, to scalp GJ is abit risky, as there are many other pairs out there with lower spread and volatile. Pairs like EU or GU should be good for scalping. GJ somehow is way too volatile for scalping but who knows, no harm for trying.

Anyway, to tell u my story, i started scalping and it was fun. I had like 1st 60 trades with 0 lost, but after that i think due to staying too long on the pc, the stress n tire bug got to me. I was tire n too confident for every trade i made . I tend to become playing in all the pairs you can name, EU,GU,UC,AU,UJ n GJ and the thing is i totally lost control at last and lose all my money in 1 day. 3000usd down the drain. So be careful if u r planning to scalp for long time, try to make a plan for your scalping and strictly follow it.
Monthly Profit & Lost :- May - +85 pips
  • #5,653
  • Jan 23, 2008 5:40pm Jan 23, 2008 5:40pm
Quoting savant
Y0, Bruder

Got good news... after yesternite bearish drop below 204.90 initially, So I decided to put entry to test the support . Apparently the GJ support is damn strong for the last 2 days . So, I decided to place long entry at 204.90 with sl40 .
Hehe .. checking just now... on the result... WALOW, BLOW ME DOWN. I took 400pips for last night on my live acct, what an unexpected result .

That's more than what I've expected. So Morning FR:400pips + 365pips DEMO.
Banker please return my pipins.
  • #5,654
  • Jan 23, 2008 5:47pm Jan 23, 2008 5:47pm
Quoting msmsms
what is bgx ? entry point is always after the first candle close after crossing. yes seems strong support. trade what you see. if you miss then wait for the next crossing.
BGX, basically it uses wma rather than ema coz, wma can make 50% more of what ema derived. That's what the trading system claimed. But I used it for entry reference. Futhermore, it's state clearly for EU,GU,UJ and EJ. Never tested on GJ.... So I took a gamble here.

By using 13 and 26 ema, I find the crossing too choppy .. Need to ENLARGE the charting ... Haha
Banker please return my pipins.
  • #5,655
  • Jan 23, 2008 7:33pm Jan 23, 2008 7:33pm
Quoting Babyboy
Y0, Bruder

Got good news... after yesternite bearish drop below 204.90 initially, So I decided to put entry to test the support . Apparently the GJ support is damn strong for the last 2 days . So, I decided to place long entry at 204.90 with sl40 .
Hehe .. checking just now... on the result... WALOW, BLOW ME DOWN. I took 400pips for last night on my live acct, what an unexpected result .

That's more than what I've expected. So Morning FR:400pips + 365pips DEMO.
Damn...I got impatient and Tp at just 75 pips...... maybe next time...well like savant says There is always Tommorrow.... Cheers
  • #5,656
  • Jan 23, 2008 7:42pm Jan 23, 2008 7:42pm
Quoting karimaero
Damn...I got impatient and Tp at just 75 pips...... maybe next time...well like savant says There is always Tommorrow.... Cheers
Coz we are human, all lot of thing do factor in our glory. Just too lucky as I've prepared the support to be broken... that's why my SL30-40. But since, I've planned to have a good nite sleep after evening hardfought battle, So I let it be as I'm think that bull will try to catch till morning session. So I left the TP as I would be monitoring during daytime....
Banker please return my pipins.
  • #5,657
  • Jan 23, 2008 8:33pm Jan 23, 2008 8:33pm
Quoting Babyboy
Coz we are human, all lot of thing do factor in our glory. Just too lucky as I've prepared the support to be broken... that's why my SL30-40. But since, I've planned to have a good nite sleep after evening hardfought battle, So I let it be as I'm think that bull will try to catch till morning session. So I left the TP as I would be monitoring during daytime....
I am now running with the bear with 50 pips....in hand. Not sure how far it can go..... bitting my nail now...whether to take it or let it run....

Cheers
  • #5,658
  • Jan 23, 2008 8:44pm Jan 23, 2008 8:44pm
Quoting karimaero
I am now running with the bear with 50 pips....in hand. Not sure how far it can go..... bitting my nail now...whether to take it or let it run....

Cheers
Yo br0,

I'm targetting a bull entry 207.60 tp 209.20 sl 207.15. I'm looking for rebounce at the moment. Then possibility to short at 209.20.
Dont know ... but that's my strategy....
Banker please return my pipins.
  • #5,659
  • Jan 23, 2008 8:47pm Jan 23, 2008 8:47pm
coz, now still bull bias... as no strong bull or bear. At the moment looking very optimistic that it's rebouncing.... hope to hit my entry point for short

This is my newbie humle opinion. Follow at your own stake....
Banker please return my pipins.
  • #5,660
  • Jan 23, 2008 8:49pm Jan 23, 2008 8:49pm
Oh another thing is ... putting tight ts to secure profit. As early resistent at this point. If cannot break ... then change strategy. But hope it break 208.90. Then go short for preparation.

Haha, this is my 2cents.
Banker please return my pipins.
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