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what does it means???
- #9,965
- Apr 10, 2008 6:14am Apr 10, 2008 6:14am
- Joined Nov 2007 | Status: Trader | 1,158 Posts
hi guys...
just my personal preview...if gj not break lower again...GJ wanna bounce...199.12 at fibo level 23.6 maximum fibo target at 50%.. 200.31 just my opinion...i'm looking for long now...wish me luck
..
- #9,970
- Apr 10, 2008 11:28am Apr 10, 2008 11:28am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Suffered a massive loss yesterday and earlier on today. Hopefully I can recover / salvage back whatever I loss. Insya Allah. Amin. 
Patience is virtue. Finally the BEAR woke UP. All SL will be paced to the bottom SELL order at BE soon. Target a few pips above 100% Retracement.
Patience is virtue. Finally the BEAR woke UP. All SL will be paced to the bottom SELL order at BE soon. Target a few pips above 100% Retracement.
- #9,971
- Apr 10, 2008 11:48am Apr 10, 2008 11:48am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
tq bro...
about the demo i will decide after gathering coz i need more confident after i burn 3 time my live acct...
my support n resistance come from indicator n i just use it when i large it my graph....
i will try post again tomorrow until i get it bro... tq
and definitely tiring process and i just wanna share my opinion back on cappalz replied..1. Building Confidence
Its true that based on my experience the consecutive loss will make people just go crazy and at the same time the confidence level is getting bad. They start to think that this is not what they suppose to do and keep on throwing bad words in what they did and just wanna get away of all this instead by not realizing in how they can use this chances to improve themselves to the better level. We are not even start yet in this business...
2. Drawing Lines
Me, myself is glad to be known as the technical analysis trader and my experience, drawing any lines, channeling, support and resistance level is more accurate by your own drawn lines. This is based on your own prediction and from time to time you can improve the drawing suits your style and excel the way you draw the lines. This is because, every person have their own mind perspective and theres right or wrong in doing that...
You might see flag instead im seeing pennant while sham is seeing descending formation.. see the perspective on your own channel..
3. Stick To Your Plan
I bet this is hardly done by most newcomers but i believe to sustain in this industry, you need to steadily confirm with what you did. I failed, burn acc, client acc, smashing my laptops, impatient, loss appetite, get boring to my partner and many more for only to stick with my decision and yes, i didnt said that im success but i can stick to my plan..
Previously, i stick in wordings said that geepy will move up even im in the risky position, while sham is bleeding his acc with short position... At the end, i catch the move, while sham after hitting his SL, i believe is making double on the movement for the geepy to the south. Savant, stick on his words and he will reach his target. The more you confidence of yourself, the near market comes to you...
4. Proud Of Your Mistakes
It sounds boring but yeah from all your failure, you keep on learning and this learning process is something valuable that you dont even get it if you paid me, sham, savant, wakli, g33 maroon and many more with thousand of cash, double story house, dvd player, plasma screen tvd and whatever you think is valid. This is something that people cant offer you! Your mistakes is the only way to keep on learning!
5. Dont You Ever Use "Give Up"
If you ever think in your mind, just throw it away and keep on going. We might not get what we dream this year but we might seeing it on next year. Believe in your goals and dreaming as well. Keep the spirit up and yeah, we can achieve the millionaire level so soon but you might never know, who is cappalz, in the next 2 months!
cheers!
- #9,972
- Apr 10, 2008 11:51am Apr 10, 2008 11:51am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
Suffered a massive loss yesterday and earlier on today. Hopefully I can recover / salvage back whatever I loss. Insya Allah. Amin.
Patience is virtue. Finally the BEAR woke UP. All SL will be paced to the bottom SELL order at BE soon. Target a few pips above 100% Retracement.
youll get it back!
- #9,973
- Apr 10, 2008 12:07pm Apr 10, 2008 12:07pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Keep your eyes and ears open for the possible INTERVENTION 
Market seems already reacted to the rumor.
Market seems already reacted to the rumor.G7 Preview: Group of Seven to Address Financial Turmoil, FSF, FX Volatility
"Ahead of the G7, the FX market may be nervous about the prospect of coordinated FX intervention to rescue the USD following the meeting or some USD supportive statements in the G7 communiqué, which will be released on Saturday," according to Barclays' foreign exchange team. "These nerves as well as any sideline comments by officials ahead of the meeting may generate some larger (than) usual volatility in the USD this week. We see little chance of anything substantive, especially coordinated intervention, coming out of the G7 meeting, however."
http://www.forexfactory.com/news.php?do=news&id=80662
- #9,974
- Apr 10, 2008 12:44pm Apr 10, 2008 12:44pm
tq bro...
about the demo i will decide after gathering coz i need more confident after i burn 3 time my live acct...
my support n resistance come from indicator n i just use it when i large it my graph....
i will try post again tomorrow until i get it bro... tq
. my intention to ask you to throw away the demo because i think you have been doing fine. so to share my thinking..demo trading once in a while to test something new or to get rid of addict is okay. doing it non-stop for months may develop bad habit instead of good habit. reason..? you have no attachment to the money. lose $100?$200? $10K? we dont give a damn. so trade small amount of real money and strictly do it with small position. being confident is good but be careful that expectation is not a plan.ok before i go, hehe..just to share, support and resistance..you can draw whatever line but before you trade (intraday or swing trading)..remember this..who move the market? the strong hand? or the weak hand? who always win and who will be the loser? where will these losers hide? if you are the stronger one, where will you hit the hardest.. so if you are a trader what will you do? look carefully the recent past..intraday trade, look for previous sessions..8 hours to 24 hours.. long term...cerita lain.
ok good luck.
regards.
I am bored..
- #9,975
- Apr 10, 2008 12:47pm Apr 10, 2008 12:47pm
hi guys, im back after my busy daily routine...
1. Building Confidence
Its true that based on my experience the consecutive loss will make people just go crazy and at the same time the confidence level is getting bad. They start to think that this is not what they suppose to do and keep on throwing bad words in what they did and just wanna get away of all this instead by not realizing in how they can use this chances to improve themselves to the better level. We are not even start yet in this business...
2. Drawing Lines
Me, myself is glad to be known as the technical analysis trader and my experience, drawing any lines, channeling, support and resistance level is more accurate by your own drawn lines. This is based on your own prediction and from time to time you can improve the drawing suits your style and excel the way you draw the lines. This is because, every person have their own mind perspective and theres right or wrong in doing that...
You might see flag instead im seeing pennant while sham is seeing descending formation.. see the perspective on your own channel..
3. Stick To Your Plan
I bet this is hardly done by most newcomers but i believe to sustain in this industry, you need to steadily confirm with what you did. I failed, burn acc, client acc, smashing my laptops, impatient, loss appetite, get boring to my partner and many more for only to stick with my decision and yes, i didnt said that im success but i can stick to my plan..
Previously, i stick in wordings said that geepy will move up even im in the risky position, while sham is bleeding his acc with short position... At the end, i catch the move, while sham after hitting his SL, i believe is making double on the movement for the geepy to the south. Savant, stick on his words and he will reach his target. The more you confidence of yourself, the near market comes to you...
4. Proud Of Your Mistakes
It sounds boring but yeah from all your failure, you keep on learning and this learning process is something valuable that you dont even get it if you paid me, sham, savant, wakli, g33 maroon and many more with thousand of cash, double story house, dvd player, plasma screen tvd and whatever you think is valid. This is something that people cant offer you! Your mistakes is the only way to keep on learning!
5. Dont You Ever Use "Give Up"
If you ever think in your mind, just throw it away and keep on going. We might not get what we dream this year but we might seeing it on next year. Believe in your goals and dreaming as well. Keep the spirit up and yeah, we can achieve the millionaire level so soon but you might never know, who is cappalz, in the next 2 months!
cheers!
.
I am bored..
- #9,976
- Apr 10, 2008 2:21pm Apr 10, 2008 2:21pm
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
hi john.. glad to hear you did make money..continue with what you are doing.
Im so early today~~~ wakeup malaysia! its friday!
- #9,977
- Apr 10, 2008 3:33pm Apr 10, 2008 3:33pm
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
Ive got 2 positions with far TP (will consider market movement) and also SL (considering any news factor, incase)...
Geepy now in flag formation and possibly move to the south but im kinda worried since daily candle shown a very strange CS for yesterday.. a long wick that usually will lead price boost up back!
I might not holding this position too long if im seeing later on europe open or maybe a lil bit early in asian market if i can smell move to the north~
MY TF1H chart~
Geepy now in flag formation and possibly move to the south but im kinda worried since daily candle shown a very strange CS for yesterday.. a long wick that usually will lead price boost up back!
I might not holding this position too long if im seeing later on europe open or maybe a lil bit early in asian market if i can smell move to the north~
MY TF1H chart~
- #9,978
- Apr 10, 2008 4:01pm Apr 10, 2008 4:01pm
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
Ive got 2 positions with far TP (will consider market movement) and also SL (considering any news factor, incase)...
Geepy now in flag formation and possibly move to the south but im kinda worried since daily candle shown a very strange CS for yesterday.. a long wick that usually will lead price boost up back!
I might not holding this position too long if im seeing later on europe open or maybe a lil bit early in asian market if i can smell move to the north~
MY TF1H chart~
Attachment
time to rest thou...
