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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #11,121
  • Apr 22, 2008 4:38am Apr 22, 2008 4:38am
Quoting arinforex
whats the daily pivot for GU ? is it 1.9828 ?
Pivot line actually is different. Some ppl calculate based on Midnight to midnight & etc.

my PIVOT fo GU is 1.9874
  • #11,122
  • Apr 22, 2008 4:39am Apr 22, 2008 4:39am
Take a break... kit kat.. catch up with you after the news.
  • #11,123
  • Apr 22, 2008 4:43am Apr 22, 2008 4:43am
if 1.9924 breaks and staying above it ... open way to test 2.0031
  • #11,124
  • Apr 22, 2008 4:44am Apr 22, 2008 4:44am
why diff? any indicator for sharing?
  • #11,125
  • Apr 22, 2008 4:45am Apr 22, 2008 4:45am
erk....

seems lot of confusing... why trade when not sure?
  • #11,126
  • Apr 22, 2008 4:52am Apr 22, 2008 4:52am
Hi all, here is how we get 1.9874 pivot daily

Thanks
Attached Image
  • #11,127
  • Apr 22, 2008 4:58am Apr 22, 2008 4:58am
Quoting arinforex
why diff? any indicator for sharing?
custom made PIVOT line especially for IBFX
Attached File(s)
File Type: mq4 PivotLinesINTERBANKv2.mq4   11 KB | 417 downloads
  • #11,128
  • Apr 22, 2008 5:29am Apr 22, 2008 5:29am
Tomorrow 4:30pm GBP http://www.forexfactory.com/images/m...mpact_high.gif MPC Meeting Minutes ??? 9-0 cut 7-2 hld

How I just HATE REFLECTIVE market Psychology. Just got to wait till tomorrow I guess... WHEN REALITY STRIKE.
  • #11,129
  • Apr 22, 2008 5:49am Apr 22, 2008 5:49am
Quoting codox
custom made PIVOT line especially for IBFX
thank codom.
  • #11,130
  • Apr 22, 2008 6:14am Apr 22, 2008 6:14am
Quoting Malaysia
Tomorrow 4:30pm GBP http://www.forexfactory.com/images/m...mpact_high.gif MPC Meeting Minutes ??? 9-0 cut 7-2 hld

How I just HATE REFLECTIVE market Psychology. Just got to wait till tomorrow I guess... WHEN REALITY STRIKE.
Sham, if you don't mind...what is the meaning of this 9-0 cut 7-2 hld...thanks...grazie anticipatamente..!
  • #11,131
  • Apr 22, 2008 6:58am Apr 22, 2008 6:58am
sham & dzuan,

just personal opinion on hedging when in losing position especially you trade intraday. if you trade for a long period and got quite a bit profit in hand, you may want to hedge to avoid drawdown/lock that profit for just in case situation. sowhy not just take the loses before it grows big, avoid hedging it. dont accumulate loser. but i know its you personal preference, carry on if it fit your style.

sorry if i said something wrong, just want to help.

p/s: remember sometime few months ago, a Malaysian trader, "Novell" (i hope i dont spell it wrong)? remember what he said?
I am bored..
  • #11,132
  • Apr 22, 2008 7:00am Apr 22, 2008 7:00am
US existing home sales are expected to drop in March a turn for the worst after February's unexpected increase. This could trigger EU and GU.
  • #11,133
  • Apr 22, 2008 7:04am Apr 22, 2008 7:04am
10:00pm USDhttp://www.forexfactory.com/images/m...mpact_high.gifExisting Home Sales
4.93M 4.90M5.03M

????No impact???Anybody can explain why?
  • #11,134
  • Apr 22, 2008 7:06am Apr 22, 2008 7:06am
Quoting G33maroon
sham & dzuan,

just personal opinion on hedging when in losing position especially you trade intraday. if you trade for a long period and got quite a bit profit in hand, you may want to hedge to avoid drawdown/lock that profit for just in case situation. sowhy not just take the loses before it grows big, avoid hedging it. dont accumulate loser. but i know its you personal preference, carry on if it fit your style.

sorry if i said something wrong, just want to help.

p/s: remember sometime few months ago, a Malaysian trader, "Novell" (i hope i dont spell it wrong)? remember what he said?
G33maroon,

Thanks for your opinion. Frankly speeking I don't like hedging because it force me to monitor the market all the time.
  • #11,135
  • Apr 22, 2008 7:30am Apr 22, 2008 7:30am
Quoting Dzuan
Sham, if you don't mind...what is the meaning of this 9-0 cut 7-2 hld...thanks...grazie anticipatamente..!

showed :

predicted
members will vote 9-0 for a cut

whereas previously
members voted 7-2 to hold
  • #11,136
  • Apr 22, 2008 7:30am Apr 22, 2008 7:30am
Alhamdulillah..just hit my 5990...50 pips...
  • #11,137
  • Apr 22, 2008 9:36am Apr 22, 2008 9:36am
Super Scalping today.........

Attached Image (click to enlarge)
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  • #11,138
  • Apr 22, 2008 9:42am Apr 22, 2008 9:42am
20 min. for close the last CS and probabily finish the up trend.......but think we go in Consolidation trend....

Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 18 KB
  • #11,139
  • Apr 22, 2008 9:46am Apr 22, 2008 9:46am
I hope for my 2 position sell........

I have 2 gain and 2 loss.....
  • #11,140
  • Apr 22, 2008 10:16am Apr 22, 2008 10:16am
Quoting eneloop
showed :

predicted
members will vote 9-0 for a cut

whereas previously
members voted 7-2 to hold
As-Salam-O-Aliakum Brothers:
My Understanding is 9-0 cut means 9 in favor of cut and 0 is not in favor of cut and since the cut was happened in the original meeting 2 weeks ago so that means Insha-Allah Tala the news shoud be red either 9-0 cut or 9-9 cut means all the 9 members agree to cut or it could be 7-2 cut but it doesn't matter what number would be with cut because it has to be bigger than the zero as the cut was actually happened.

Actually I am a little hesitant to get into the trade with short even with the high rate like 1.9970 or 1.9980 if it reaches there because I don't have any believe in Euro, it is a total different creature but I understand that tonight London Session would have a heavy pressure for this news to be in red and with the help of Allah I wouldn't be surprised by Wednesday morning it would be in 1.9680 level as the us news is almost none on Wednesday morning.

Thanks,
Alqaz Syed.
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