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Help needed in OANDA + users from Malaysia 105 replies

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  • #7,001
  • Feb 12, 2008 6:08am Feb 12, 2008 6:08am
Quoting fising
http://img401.imageshack.us/img401/6...ghghghghk3.jpg

guys..my personal view...i see gj move above ema 50 at TF 15 & 30...break. maybe...can take profit about...50 pips......just my opinion..don't forget...ur SL 50 pips...from price...if gj can break 209.34?...just wait and see..for me...50 pips..'dah cukup'...trade own ur risk.
Syukur...Hit my target 50 pips...thanks Allah...hope 'Dimurahkan rezeki lagi...
  • #7,002
  • Edited 6:33am Feb 12, 2008 6:22am | Edited 6:33am
Quoting msmsms
savant, savant, savant

where are you. would it be 205.00 and below.

Hi bros, just came back fr Sunway, was having drink with Wakli. Exchange alot different view and experience. Nice meeting for us both. Looking to meeting more people and chit chat. :

Back to GJ, i was right this morning regrading the PO at 209 instead of 208.50. I made silly mistake as i was greedy and wanted to trade Ok, for the sake of it, so its another no no mistake in future. My SL 209.15 got hit earlier, if i've stick to the 209 PO , i will be still in trade now and chance to win too,but its all history, learn from mistake. NEVER EVER TRADE BECAUSE YOU WANT TO TRADE ONLY. Trade to win and patience. Follow the plan.

Ok, for GJ if you dont mind losing roll over then go for bear. I would do it. Bear still strong overall, i still think 206-205 is realistic within this week. 209 area should be good for new entry to go short.
Monthly Profit & Lost :- May - +85 pips
  • #7,003
  • Feb 12, 2008 6:43am Feb 12, 2008 6:43am
My ODLs broker is down. Not moving. Luckily not trading at all. LOL. SL comes in handy when this kind of situation happens when trade is open.
Monthly Profit & Lost :- May - +85 pips
  • #7,004
  • Feb 12, 2008 6:49am Feb 12, 2008 6:49am
Quoting savant
My ODLs broker is down. Not moving. Luckily not trading at all. LOL. SL comes in handy when this kind of situation happens when trade is open.
hai bro savant,....'jemput makan'...
  • #7,005
  • Feb 12, 2008 6:56am Feb 12, 2008 6:56am
Quoting fising
hai bro savant,....'jemput makan'...
TQ TQ. Ikan Sambal ada? haha
Monthly Profit & Lost :- May - +85 pips
  • #7,006
  • Feb 12, 2008 7:01am Feb 12, 2008 7:01am
Ikan besar takde ikan bilis pun ok!!!!!
Theres' light at the end of the tunnel....
  • #7,007
  • Feb 12, 2008 7:01am Feb 12, 2008 7:01am
Quoting savant
Hi bros, just came back fr Sunway, was having drink with Wakli. Exchange alot different view and experience. Nice meeting for us both. Looking to meeting more people and chit chat. :

Back to GJ, i was right this morning regrading the PO at 209 instead of 208.50. I made silly mistake as i was greedy and wanted to trade Ok, for the sake of it, so its another no no mistake in future. My SL 209.15 got hit earlier, if i've stick to the 209 PO , i will be still in trade now and chance to win too,but its all history, learn from mistake. NEVER EVER TRADE BECAUSE YOU WANT TO TRADE ONLY. Trade to win and patience. Follow the plan.

Ok, for GJ if you dont mind losing roll over then go for bear. I would do it. Bear still strong overall, i still think 206-205 is realistic within this week. 209 area should be good for new entry to go short.
I short again at 209.37 a small one, hopefully it goes down successfully
  • #7,008
  • Feb 12, 2008 7:07am Feb 12, 2008 7:07am
GBP/JPY Intraday NY session

1st support: 208.59
2nd support: 208.22
3rd support: 207.82

1st resistence: 209.48
2nd resistence: 209.88
3rd resistence: 210.38

Trend following strategy for short positions can be considered on fail of initial resistences between 209.48 and 209.88 with targets at 208.59 & 208.22 in extension.

Alternative scenario, above 209.88 looks for intraday further rebound and possibility of trend changing to the upside with 210.38 as target.

Comment: On 30 minutes chart the price try to move to the upside toward new resistence and the RSI rebound bullish.

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  • #7,009
  • Feb 12, 2008 7:07am Feb 12, 2008 7:07am
Quoting tkh33
I short again at 209.37 a small one, hopefully it goes down successfully
wow...very dangerous...post bro...i see true trend still bullish... 'trend is friends...'
  • #7,010
  • Feb 12, 2008 7:10am Feb 12, 2008 7:10am
Quoting fising
wow...vervy dangerous...post bro...i see true trend still bullish... 'trend is friends...'
wow, out with little bit profit, really dangerous: tq bro
  • #7,011
  • Feb 12, 2008 7:14am Feb 12, 2008 7:14am
Quoting tkh33
wow, out with little bit profit, really dangerous: tq bro
hehehe....not for big dangerous...i mean...i'm not fight trend...if trend bull i follow...if trend bear... i follow to...huhuhu... trust ur indi and analysis bro...i know....u know what u doing...good luck bro..
  • #7,012
  • Feb 12, 2008 7:16am Feb 12, 2008 7:16am
Quoting fising
hehehe....not for big dangerous...i mean...i'm not fight trend...if trend bull i follow...if trend bear... i follow to...huhuhu... trust ur indi and analysis bro...i know....u know what u doing...good luck bro..
ha ha ha. tq for your advised
  • #7,013
  • Feb 12, 2008 7:18am Feb 12, 2008 7:18am
Quoting tkh33
ha ha ha. tq for your advised
ur are welcome bro...
  • #7,014
  • Feb 12, 2008 7:54am Feb 12, 2008 7:54am
Quoting savant
Hi bros, just came back fr Sunway, was having drink with Wakli. Exchange alot different view and experience. Nice meeting for us both. Looking to meeting more people and chit chat. :
Yup bro...Nice meeting with you!!!Received a lot of fresh ideas to trade...And thanks for the drinks....
  • #7,015
  • Feb 12, 2008 9:04am Feb 12, 2008 9:04am
Quoting wakli
Yup bro...Nice meeting with you!!!Received a lot of fresh ideas to trade...And thanks for the drinks....
No problem. Woah.. what happened to GJ, super bull eh? 210.70 is a resistance again. We stay around and watch the bull, so fun to watch.:
Monthly Profit & Lost :- May - +85 pips
  • #7,016
  • Feb 12, 2008 9:25am Feb 12, 2008 9:25am
Although GJ broke out from the trend line, i still dont think its a significant bull trend for GJ. 100 pips in and out is quite normal. Unless a very significant break out bull like 200pips and above, i will still favor bear more than bull.

Attached Image (click to enlarge)
Click to Enlarge Name: gj price patternh4.gif Size: 23 KB
Monthly Profit & Lost :- May - +85 pips
  • #7,017
  • Feb 12, 2008 10:06am Feb 12, 2008 10:06am
wow..gj bull 200 pips...DJI and S&P 500 Good Open market for USd...
  • #7,018
  • Feb 12, 2008 10:12am Feb 12, 2008 10:12am
Wonder why sudden bullish on all JPY crosses? People start selling off yen after this news.

U.S. Stocks Rise After Buffett Offers to Help Bond Insurers
By Eric Martin
Feb. 12 (Bloomberg) -- U.S. stocks rose for a second day, led by financial shares, on expectations Warren Buffett's plan to take over liabilities from bond insurers will help calm credit markets.
Citigroup Inc., Bank of America Corp. and JPMorgan Chase & Co., the three largest U.S. banks, climbed after Buffett said he's willing to take on $800 billion in municipal bond obligations in an interview with CNBC. Monsanto Co., the world's biggest seed producer, advanced for a third day on an increased profit forecast.
The Standard & Poor's 500 Index added 17.39 points, or 1.3 percent, to 1,356.52 at 10:24 a.m. in New York. The Dow Jones Industrial Average advanced 177.94, or 1.5 percent, to 12,417.95. The Nasdaq Composite Index climbed 20.87, or 0.9 percent, to 2,340.93. About five stocks rose for every one that fell on the New York Stock Exchange. Shares in Europe and Asia also gained.
``It's another potential solution to some of the credit problems,'' Mark Bronzo, who helps manage $11 billion at Security Global Investors in Irvington, New York, said of Buffett's offer. ``That's why the markets are responding well.''
Concern that bond insurers don't have enough money to pay claims on the $2.4 trillion in assets they guarantee has contributed to a 8.4 percent drop in S&P 500 financial shares in 2008. MBIA Inc., the largest bond insurer, lost 80 percent of its value in the last year before today, and smaller rival Ambac Financial Group Inc. slumped 88 percent, on concern that the companies will lose their AAA credit ratings.
Buffett's Offer
Citigroup added 76 cents to $26.57. Bank of America rallied 76 cents to $42.90. JPMorgan climbed 66 cents to $44.01. Bear Stearns Cos., the fifth-biggest U.S. securities firm, increased 61 cents to $80.37.
Buffett said he offered to take on the municipal liabilities of MBIA, Ambac Financial and FGIC Corp. One company turned down the offer and the two others haven't responded, Buffett, chairman of Berkshire Hathaway Inc., told CNBC.
Financial shares also climbed on plans to help delinquent homeowners avoid foreclosure. Bank of America, Citigroup and four other U.S. lenders will announce a plan to offer a 30-day freeze on home foreclosures while loan modifications are considered, two people said on condition of anonymity.
Schlumberger, Schering Plough
Schlumberger Ltd. advanced $1.26 to $81.75 after Bear Stearns raised its recommendation on the world's largest oilfield-services provider to ``outperform'' from ``peer perform,'' saying the company's offshore drilling and exploration make it ``well positioned for the next phase of the oilfield service business cycle.''
Schering-Plough Corp. gained 96 cents to $21.58. The maker of Vytorin and Zetia cholesterol pills reported fourth-quarter profit, excluding some items, of 52 cents a share, beating the 27-cent average estimate of 17 analysts surveyed by Bloomberg.
Time Warner Inc. gained 13 cents to $15.76 after UBS AG upgraded the stock to ``buy'' from ``neutral,'' saying it is undervalued.
General Motors Corp. dropped 44 cents to $27.56. The world's largest automaker posted a fourth-quarter loss of $722 million on rising costs in North America and a loss at its partially owned GMAC LLC finance unit. The $1.28-a-share deficit compares with a profit of $1.68 a share in the same quarter a year ago. Sales fell to $47 billion.
Economy Watch
Investors may turn their attention to reports tomorrow that economists expect will show sales at U.S. retailers fell in January for a second month, signaling the biggest part of the economy may be starting to stumble. Still, William Poole, president of the Federal Reserve Bank of St. Louis, said last night that the U.S. will probably avert a recession and the Fed's interest-rate policy is appropriate for the slowing economy.
Investors anticipate the central bank will lower its benchmark interest rate by a further half point by mid-March after five reductions to 3 percent since September. Fed officials are attempting to prevent the first U.S. economic contraction since 2001, and last month lowered the overnight bank-lending rate at the fastest pace since 1990.


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Yen Sold off after Buffett Boosts Stocks


The Japanese yen is sharply lower across the board in early US session, following rally in the US stock markets. Stocks are boosted by news that Warren Buffett offered to help out troubled bond insurers. Buffett's Berkshire Hathaway has offered to reinsure $800b in municipal bonds insured by monoline firms Ambac Financial Group, MBIA, and Financial Guaranty Insurance Company. The announcement improved the general sentiments in Wall Street dramatically, sending the DOW close to 200 pts higher. The Japanese is in turned sold off on improved risk appetite. Meanwhile, most currencies, except the greenback, rise following strength in respective yen crosses.


P/S : 800bil anyone? This is what we called 'God Of Share Market'. 800bil enough to buy whole msia + singapore share market i think.



Monthly Profit & Lost :- May - +85 pips
  • #7,019
  • Feb 12, 2008 10:12am Feb 12, 2008 10:12am
hello room,

any idea on how to post charts?
do we have to upload to imageshack first?
  • #7,020
  • Feb 12, 2008 10:16am Feb 12, 2008 10:16am
This is what i called 'unpredictable'. Buffet is like... hey maybe i should donate some of my money to my fellow countrymen... ok lets do it... and pop 800bil.

This really kill off many traders out there especially those that dont watch bloomberg live. Lucky me was not trading during this time.

Seems like this is going to be a bull after all. Just break the 210.70, this 800bil bull is unstoppable now! GJ to see 212 by tmr? We shall see.
Monthly Profit & Lost :- May - +85 pips
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