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Help needed in OANDA + users from Malaysia 105 replies

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  • #11,281
  • Apr 23, 2008 10:05pm Apr 23, 2008 10:05pm
Quoting vijayshantid
Malaysia,

First of all as a Forex trader one must keep themselves updated with many fundamental and technical things. Most of the resources are in English, you may not like it but that is the fact. So what is wrong in learning that language. Unless you try you wont know. As you said nobody cares about your grammar, so just post in whatever little English you know. I think they will only gain. You as the starter should encourage it pal.
I said enough of this One more post about Languages ... I'll put the person in my IGNORE list... like I did on SHARON.

I said I encourage participation. Most members are learning ENGLISH just by reading this Forum... especially all the economic terms. I said... just participate and don't be shy or scared to use BROKEN English... or grammatically wrong... or spelling mistakes. Some members don't know the particular words in English... and used mixed English and Malay... Soon after that another member giving out the words in English.

I did ENCOURAGE them... didn't I ???
  • #11,282
  • Apr 23, 2008 10:07pm Apr 23, 2008 10:07pm
Yeah... let's talk about trade..

Take a look at EUR... Looks like doing some action to go back to main trend.
  • #11,283
  • Apr 23, 2008 10:07pm Apr 23, 2008 10:07pm
Quoting Malaysia
Enough of this. Lets TRADE
Yes, can't we just move on. Concentrating on TRADING instead!
  • #11,284
  • Apr 23, 2008 10:09pm Apr 23, 2008 10:09pm
Quoting winston
Yeah... let's talk about trade..

Take a look at EUR... Looks like doing some action to go back to main trend.
RETRACEMENT time now... most pairs are doing RETRACEMENT now. Can it be REVERSAL? Trading this week was very tough so far... with WHIPSAW up and down. Must hit SL first then go to the favorable direction
  • #11,285
  • Apr 23, 2008 10:13pm Apr 23, 2008 10:13pm
by Brisbane Flip 03:07 GMT April 24, 2008


Valdez the Fed cutting 25Bps is not a shock it is expected.
With inflation data surprsiing on upside, US equities paring losses back to only down 5% YTD the Fed has done its job and now is down to master time to do some healing. The only consensus between shallow or deep slowdowns is that it will be longer than we have become used to due to bank's setting tighter credit condition (margins and availability) as they need to rebuild balance sheets. There will be downside surprises in the future and Ben needs to keep some powder dry and much sub 2% FF makes him pretty much a spent force. The surprise (I think) will be that FOMC expectation will be wound back and eventually we'll be convinced "no change" is actually a position of strength as it suggests the immediate market gyrations have subsided. Given all the euro-phoria another weekly close within touching distance of 1.58 (a fifth in a row if occurs) suggests in pretty clear terms (to me at least) that we have reached a major distribuition level and the focus will be shifting towards Europe's fall shortcomings.
  • #11,286
  • Apr 23, 2008 10:16pm Apr 23, 2008 10:16pm
[Dow Jones] GBP/JPY now weak, may extend losses to 204.00 as players on guard against further falls in GBP following bearish remarks from BOE official overnight, says trader at Tokyo bank; "many investors already anticipate that the pound would fall further given economic and financial conditions in the UK." Notes BOE MPC member Sentance echoed view, suggesting BOE policy steps to ease mortgage market jitters announced this week may be ineffective; "now, it's difficult to buy back the pound." Tips resistance at 205.20 for now
  • #11,287
  • Apr 23, 2008 10:18pm Apr 23, 2008 10:18pm
DJ MARKET TALK: AUD/USD Drop May Be Accelerated - Suncorp

AUD/USD to soften in Asian session, and drop could be accelerated ahead of public holiday tomorrow, exacerbated by a "possible generalized firming" of USD, says Suncorp strategist Peter Pontikis. Notes failed attempt by AUD/USD to sustain new highs points to sub-0.9450 close. Adds European data due offshore could impact EUR/USD, and by extension AUD/USD. Expects AUD/USD range on day of 0.9420-0.9480; pair now 0.9476.
  • #11,288
  • Apr 23, 2008 10:19pm Apr 23, 2008 10:19pm
Quoting winston
Yeah... let's talk about trade..

Take a look at EUR... Looks like doing some action to go back to main trend.
PA missed my PO @ 1.5825, shot up after it touched 1.5833.Already missed 30 pip ride.

Stoch right now start to move up at TF M30,TF H1 but TF H4 still not yet head up.

maybe BFD, what you think?
  • #11,289
  • Apr 23, 2008 10:19pm Apr 23, 2008 10:19pm
Quoting Finsbury
Cable and Euro….they are with in of triangolo(I don't in english...please help me!!!!)......looked the Graph… to wait for the escape of these and to follow step by step.....In the stoch the down trend is no finish...only if exit over 23.6 go Up......but the price is in triangolo....I think the first step..is a weak long.....no very strong!!!.....I don't if in this morning for you (Nigh for me)....is a news of cable?!?!?!?!..News is a good Gas for the Car!!!

But remember..don't start with your mind,you start only after the trend!
Italian - Triangolo
English - Triangle
Malay - Segi Tiga

Don't worry we understand you Finsbury. The chart alone speaks thousand words.
  • #11,290
  • Apr 23, 2008 10:26pm Apr 23, 2008 10:26pm
Quoting Malaysia
Italian - Triangolo
English - Triangle
Malay - Segi Tiga

Don't worry we understand you Finsbury. The chart alone speaks thousand words.

I dont think we need the translation for Finsbury, his english was very clear as so was his analysis
  • #11,291
  • Apr 23, 2008 10:26pm Apr 23, 2008 10:26pm
We are all to abide by the rules and regulations that is stated for this thread.
1. We must use the English Language.
2. We must have patience and tolerance at all times with other people's
views even if we do not agree to it.
3. We should focus our comments related to the trade and not other personal
comments that is irrelevant.

Sham has done a very good job here and I will not stand to see anybody trying to ridicule him or argue on irrelevant issues or trying to destroy the
harmonious atmosphere we have here.
  • #11,292
  • Apr 23, 2008 10:28pm Apr 23, 2008 10:28pm
DJ RBNZ Rate Cut Most Likely In September - GSJBW

RBNZ mention of risks from strains in financial system in today's statement, coupled with risk of imminent recession argues for monetary policy "moving to a less restrictive stance" by September, says Goldman Sachs JBWere economist Shamubeel Eaqub; "we see little reason to maintain interest rates at 8.25% when it is increasingly evident that the impact of any easing will be felt with considerable lag and monetary policy will continue to lean against the economy and inflation if a gradual easing path is adopted." But thinks given RBNZ's still hawkish stance on rates, chances of June rate cut slim, September looks better bet
  • #11,293
  • Apr 23, 2008 10:31pm Apr 23, 2008 10:31pm
[quote=Malaysia;1967112]

I guess u do forex for living right, sham?

Anywhere guys, what is the best time frame?
Most of the time I prefer 1H and 4H, sometime, sometie 30Min to check the movement. Those days in my early days, I always got trapped as I used 15Min and 30Min , sometime 5min..
  • #11,294
  • Apr 23, 2008 10:34pm Apr 23, 2008 10:34pm
Quoting fxcritic
We are all to abide by the rules and regulations that is stated for this thread.
1. We must use the English Language.
2. We must have patience and tolerance at all times with other people's
views even if we do not agree to it.
3. We should focus our comments related to the trade and not other personal
comments that is irrelevant.

Sham has done a very good job here and I will not stand to see anybody trying to ridicule him or argue on irrelevant issues or trying to destroy the
harmonious atmosphere we have here.

Would really like to read some views on trading from you.
  • #11,295
  • Apr 23, 2008 10:37pm Apr 23, 2008 10:37pm
I am posting some excellent views from some very experience traders, read it and if there is anything good, learn from it.



Quito Valdez 02:42 GMT April 24, 2008
Syd 1:55, well, tell you one thing, if they want to see a 1.62 USD all Fed has to do is do a "shock rate cut" and we're home.

Was out of the office all day, ECB & others' comments apparently rallied USD + weighed on EUR.

I ask this, <I>what exactly does ECB or "France's minister" plan TO DO about a $1.60+ Euro
  • #11,296
  • Apr 23, 2008 10:38pm Apr 23, 2008 10:38pm
Quito Valdez 02:42 GMT April 24, 2008
Syd 1:55, well, tell you one thing, if they want to see a 1.62 USD all Fed has to do is do a "shock rate cut" and we're home.

Was out of the office all day, ECB & others' comments apparently rallied USD + weighed on EUR.

I ask this, <I>what exactly does ECB or "France's minister" plan TO DO about a $1.60+ Euro
  • #11,297
  • Apr 23, 2008 10:40pm Apr 23, 2008 10:40pm
Cant post the entire view. Sorry
  • #11,298
  • Apr 23, 2008 10:41pm Apr 23, 2008 10:41pm
It's a Inverted FLAG Formation. Break Upside... my target will be the 50% Retracement. Break Downside... I'll just gonna let the profit runs.
Attached Image (click to enlarge)
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  • #11,299
  • Apr 23, 2008 10:44pm Apr 23, 2008 10:44pm
[quote=Nisda_;1967131]
Quoting Malaysia

I guess u do forex for living right, sham?

Anywhere guys, what is the best time frame?
Most of the time I prefer 1H and 4H, sometime, sometie 30Min to check the movement. Those days in my early days, I always got trapped as I used 15Min and 30Min , sometime 5min..
I use this

p/s: Yes TRADING Full Time.
Attached Image (click to enlarge)
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  • #11,300
  • Apr 23, 2008 10:45pm Apr 23, 2008 10:45pm
USD could go up as there are rumors of speculative buyers.
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