i learned forex all from forums too.. it's all about risk and money management.. i trade purely on technical.. i dont read news.. But what concerns me is that in the event that my trade is trap in the news time and its is against me.. any advise? Anyway.. are you guys sharing techniques here? Is there a chatroom for malaysians? how nice if there is...
- #9,683
- Apr 8, 2008 4:53am Apr 8, 2008 4:53am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Also good friends in this thread who are willing to guide you for free....Except for Sham which the 'pengeras' is a pack of cigarette (Dunhill Brand to be precise)....
I don't mind. Just injecting some fun in this thread to make it lively 
However, If you bring one to me that should be nice 
We live in the world of GIVE and TAKE. The "pengeras"/ pack of cigarettes just as a symbol that the person really serious about learning and willing to sacrifice something in order to gain more.
p/s: I had an offer from a new trader to teach him everything I know and he will pay me RM5k... but I refused to take. I just teach him for free.
- #9,685
- Apr 8, 2008 5:01am Apr 8, 2008 5:01am
We live in the world of GIVE and TAKE. The "pengeras"/ pack of cigarettes just as a symbol that the person really serious about learning and willing to sacrifice something in order to gain more.
- #9,686
- Apr 8, 2008 5:07am Apr 8, 2008 5:07am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Never let the guard off... always wear safety equipment when doing hazardous job. I am still wearing the "life jacket"... just in case. Already moved down all SL to the Green side to LOCK profit.
Will make an Entry again SELL FROM BOUNCE once CABLE retrace up and touch 20wma on H1 chart. Depending on market psychology at that time. 
- #9,688
- Apr 8, 2008 5:17am Apr 8, 2008 5:17am
After seeing some Bullish CS on H1 on Geppy and Cable... I just CLOSED all trades manually. Total profit banked in 300 pips for today
Wanna carry the feel good factor until early this morning 2.45 a.m.....Liverpool vs Arsenal
......Football time.... - #9,689
- Apr 8, 2008 5:19am Apr 8, 2008 5:19am
thanks so much sham...
it's fall down again or start to bullish?
- #9,691
- Apr 8, 2008 5:45am Apr 8, 2008 5:45am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
- #9,692
- Apr 8, 2008 5:46am Apr 8, 2008 5:46am
Watch out IF the Retracement managed to get to the 50% Median... that is around the Daily Pivot as well. For me SIMPLE... Below Daily Pivot >>> Bear Bias. Above Daily Pivot >>> Bull Bias. Things to consider when US Session start... watch out the Equities Market as well. If you've got DJI chart... that would be helpful.
To complete the package... have GOLD and OIL charts turn on too. This is my Style when trading JPY pairs. A bit complicated. Don't follow blindly.
between what above daily pivot?
i cannot see ur chart coz my internet line to slow...
currently i enter long USDJPY by refert charting at TF30M..
im not familiar using daily time frame..
what daily pivot at TF30M chart..
thankz malaysia
- #9,693
- Apr 8, 2008 5:47am Apr 8, 2008 5:47am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
After seeing some Bullish CS on H1 on Geppy and Cable... I just CLOSED all trades manually. Total profit banked in 300 pips for today
I was waiting for 20wma (yellow Moving Average) on H1 chart to be touched by CABLE retracement to SELL FROM BOUNCE... it turn out to be that the BULL quickly exhausted ... only up to M30 20wma before the BEAR is taking over again. Duh! Nevermind... let it passed by. Waiting for opportunity to SELL FROM BOUNCE again... meanwhile... I am out of here.... SWIMMING Time.
- #9,694
- Apr 8, 2008 5:49am Apr 8, 2008 5:49am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
thankz malaysia,
between what above daily pivot?
i cannot see ur chart coz my internet line to slow...
currently i enter long USDJPY by refert charting at TF30M..
im not familiar using daily time frame..
what daily pivot at TF30M chart..
thankz malaysia
- #9,695
- Apr 8, 2008 6:06am Apr 8, 2008 6:06am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
anyone can show me some charts from geepy???
- #9,697
- Apr 8, 2008 6:19am Apr 8, 2008 6:19am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
thankz malaysia,
if break above daily target ( 102.33 )
that mean bull bias on USDJPY isn't
- #9,698
- Apr 8, 2008 6:24am Apr 8, 2008 6:24am
Still holding my GJ since 204.60 on last friday...looking at the price around 198.
As for UJ, im waiting holding since 102.60 .. waiting for 99 ...swing it all within this week. Good luck
As for UJ, im waiting holding since 102.60 .. waiting for 99 ...swing it all within this week. Good luck
Monthly Profit & Lost :-
May - +85 pips
- #9,699
- Apr 8, 2008 6:32am Apr 8, 2008 6:32am
Still holding my GJ since 204.60 on last friday...looking at the price around 198.
As for UJ, im waiting holding since 102.60 .. waiting for 99 ...swing it all within this week. Good luck
savant isn't u long USDJPY until 102.60?
correct me if im wrong