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Help needed in OANDA + users from Malaysia 105 replies

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  • #10,741
  • Apr 18, 2008 2:00am Apr 18, 2008 2:00am
Quoting Malaysia
Perhaps towards the MONTHLY Pivot 1st which is also around Daily R1 area. Then Retracement... then only up to 2.0040 Retracement is overdue

Once 1.9935/40 was breached, the topside is more favourable and I expect cable to trade 2.11/12 by the end of the year.
  • #10,742
  • Apr 18, 2008 2:05am Apr 18, 2008 2:05am
As for eur/usd 1.60/1.6050 will be seen very shortly. Also watch out for eur/gbp a long term top si quite possible at 0.82/0.84, so maybe a good trade for long term, I mean short eur/gbp.
  • #10,743
  • Apr 18, 2008 2:09am Apr 18, 2008 2:09am
Quoting Malaysia
Wait for LONDON Session... opening at 3pm Malaysia time for real action.... more volatility. Just hawk eyes on the Price Action. Possible Shooting Star
Yes, it was reported that:

Most local traders choose be the bystanders or stand by on the sidelines waiting for the European market to open, and gauge the market's direction.
  • #10,744
  • Apr 18, 2008 2:11am Apr 18, 2008 2:11am
Quoting vijayshantid
Once 1.9935/40 was breached, the topside is more favourable and I expect cable to trade 2.11/12 by the end of the year.
If only there will be No INTERVENTION to strengthened USD. The pressure is there IF EU above 1.6xxx. Oh well... just speculation. Nothing certain yet. Like predicting the weather.
  • #10,745
  • Apr 18, 2008 2:17am Apr 18, 2008 2:17am
Quoting vijayshantid
As for eur/usd 1.60/1.6050 will be seen very shortly. Also watch out for eur/gbp a long term top si quite possible at 0.82/0.84, so maybe a good trade for long term, I mean short eur/gbp.
Hope 1.6 will come soon... I'm long at 1.5910.
Like Sham said the only worries now is ECB intervention.
Happy trading!
  • #10,746
  • Apr 18, 2008 2:17am Apr 18, 2008 2:17am
Quoting Malaysia
If only there will be No INTERVENTION to strengthened USD. The pressure is there IF EU above 1.6xxx. Oh well... just speculation. Nothing certain yet. Like predicting the weather.

On USD weakness there will be no intervention as the officials are not really concerned about because if they were then they will not be slashing interest rates as for the ECB if there is any intervention it will be probably around 1.73 and above.
  • #10,747
  • Apr 18, 2008 2:30am Apr 18, 2008 2:30am
Quoting Malaysia
If only there will be No INTERVENTION to strengthened USD. The pressure is there IF EU above 1.6xxx. Oh well... just speculation. Nothing certain yet. Like predicting the weather.

i think no intervention for the USD for the moment as the US favors a weak dollar. The reason many multinational US companies previously reported positive gains the past days inspite of economic slowdown is because of a weak dollar as their overseas sales soared high. they deperately need a weak dollar to stimulate growth. just my 2 cents
  • #10,748
  • Apr 18, 2008 2:32am Apr 18, 2008 2:32am
Quoting Malaysia
Perhaps towards the MONTHLY Pivot 1st which is also around Daily R1 area. Then Retracement... then only up to 2.0040 Retracement is overdue

Binggo! Touched the Daily R1 area... and halted... so far tiny tiny retracement. In half an hour time that CS might forming a SHOOTING STAR Just Speculation. Retracement is due... NOW perhaps?

With strong Bullish Bias... BFD >>> Buy From Dip... having less risk to enter.

T.A.Y.O.R.
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  • #10,749
  • Apr 18, 2008 2:49am Apr 18, 2008 2:49am
Quoting PIPoy
i think no intervention for the USD for the moment as the US favors a weak dollar. The reason many multinational US companies previously reported positive gains the past days inspite of economic slowdown is because of a weak dollar as their overseas sales soared high. they deperately need a weak dollar to stimulate growth. just my 2 cents
That is the Basic of SUPPLY and DEMAND curve In the end... it's NOT just about the Currency rate... It's actually about stimulating economic growth.

Sometimes Violent is needed to chance the course of Nature. We can't change Nature... But CHANGE is part of Nature. Uh... I'm feeling wiser now
  • #10,750
  • Apr 18, 2008 3:04am Apr 18, 2008 3:04am
Quoting Malaysia
Binggo! Touched the Daily R1 area... and halted... so far tiny tiny retracement. In half an hour time that CS might forming a SHOOTING STAR Just Speculation. Retracement is due... NOW perhaps?

With strong Bullish Bias... BFD >>> Buy From Dip... having less risk to enter.

T.A.Y.O.R.
good Moorning

  • #10,751
  • Apr 18, 2008 3:08am Apr 18, 2008 3:08am
Do yuo remember yesterday my post E/G!??!??!....Bingo!!

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  • #10,752
  • Apr 18, 2008 3:08am Apr 18, 2008 3:08am
Quoting Finsbury
good Moorning

Buon Giorno Sinyor Finsbury Share with us your colorful chart again please
  • #10,753
  • Apr 18, 2008 3:10am Apr 18, 2008 3:10am
Quoting Finsbury
Do yuo remember yesterday my post E/G!??!??!....Bingo!!
"Anche tu giochi Binggo" : Anyway my turn
  • #10,754
  • Apr 18, 2008 3:10am Apr 18, 2008 3:10am
Quoting vijayshantid
As for eur/usd 1.60/1.6050 will be seen very shortly. Also watch out for eur/gbp a long term top si quite possible at 0.82/0.84, so maybe a good trade for long term, I mean short eur/gbp.
hi vijay, looks like hard resistance at 1.5965,
did u agree EURUSD will drop soon to 1.5861,
since EU go high yesterday..
i thought EU will drop..
or need to wait new york open or what?
i'm just scalp only..
  • #10,755
  • Apr 18, 2008 3:15am Apr 18, 2008 3:15am
Quoting Malaysia
That is the Basic of SUPPLY and DEMAND curve In the end... it's NOT just about the Currency rate... It's actually about stimulating economic growth.

Sometimes Violent is needed to chance the course of Nature. We can't change Nature... But CHANGE is part of Nature. Uh... I'm feeling wiser now

hi sham,

do you have any recommendation for start to understand at least half of what you guys are talking about, like the economics stuff, risk appetite, etc...?

what i basically know is thru the ff calender, if actual better than projection - good; if actual worse than projection - bad (down).
  • #10,756
  • Apr 18, 2008 3:21am Apr 18, 2008 3:21am
Quoting Malaysia
Binggo! Touched the Daily R1 area... and halted... so far tiny tiny retracement. In half an hour time that CS might forming a SHOOTING STAR Just Speculation. Retracement is due... NOW perhaps?

With strong Bullish Bias... BFD >>> Buy From Dip... having less risk to enter.

T.A.Y.O.R.
We've got a nice SPINNING TOP CS on H1... same effect as Shooting Star. Except we still have to wait this current CS to complete forming for CONFIRMATION.

So far the long due RETRACEMENT already touched 38.2% RED Fibbo. Close attention IF it touched 50% Median or 61.8% Fibbo. Break that... possible 100% Retracement that can lead to 161.8% Fibbo extension for REVERSAL. TECHNICALLY speaking. This scenario is less likely gonna happen since vast majority of MASS Traders favoring BULL Bias on CABLE. Just prepared with BFD Entry... Tight SL.

FUNDAMENTALLY... No News... Just alert with rumors and Unexpected Surprised News come out from nowhere.
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  • #10,757
  • Apr 18, 2008 3:25am Apr 18, 2008 3:25am
Quoting thirdeye76
hi sham,

do you have any recommendation for start to understand at least half of what you guys are talking about, like the economics stuff, risk appetite, etc...?

what i basically know is thru the ff calender, if actual better than projection - good; if actual worse than projection - bad (down).
That is why... read from page 1 : You'll have a clear understanding on what are we mumbling about in here. It's a choice.... For those who are hardworking... the reward is GUARANTEED.
  • #10,758
  • Apr 18, 2008 3:28am Apr 18, 2008 3:28am
Quoting Malaysia
That is why... read from page 1 : You'll have a clear understanding on what are we mumbling about in here. It's a choice.... For those who are hardworking... the reward is GUARANTEED.
i did go thru from page 1.

looks like need to go again.
  • #10,759
  • Apr 18, 2008 3:32am Apr 18, 2008 3:32am
Hayya'alal Solah.... Hayya'alal Falah!!!
  • #10,760
  • Apr 18, 2008 4:11am Apr 18, 2008 4:11am
G/J.......Stoch is ok, but laguerre/Histogram it's not Ok.......Patiece...in this moment the trend is Up...

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