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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #12,581
  • May 10, 2008 1:55pm May 10, 2008 1:55pm
Ciao Daniele Ciao Francesco

Ju o Su? Aspeto Lunedi
  • #12,582
  • May 10, 2008 6:20pm May 10, 2008 6:20pm
Quoting Malaysia
I sense lots of PANIC action next week... PANIC ENVIRONMENT

Join the crowd or STAY ASIDE. I'll make a few Entries first... test the water. If SPIKY environment... a few SL hit on RED. I'll take a vacation from trading.

Not good... my system don't work well under IRRATIONAL condition. Learnt from mistakes... don't wanna repeat it.
Just found out that forex prices move during the weekend too. http://www.xe.com has the prices updated every 60 seconds, and eurusd is sitting at 1.5433 right now. Should the weekend price movements be taken into considering and will Monday's open based on what happened over the weekend? What's your take on eurusd as to its direction Monday morning?
Expected the unexpected
  • #12,583
  • May 10, 2008 6:51pm May 10, 2008 6:51pm
Quoting cappalz
if not disturbing u... can i ask u where to get all that u post on... i mean #12577 post...

thx in advance...
Please follow this link:

http://www.forexfactory.com/showthre...98#post1993498
  • #12,584
  • May 10, 2008 8:06pm May 10, 2008 8:06pm
Quoting scyang
Just found out that forex prices move during the weekend too. http://www.xe.com has the prices updated every 60 seconds, and eurusd is sitting at 1.5433 right now.
No, it does not move during the weekend. The one you quoted is mid-market rates. When there is no market, where can one trade?!

It stays at 1.54331 and does not move even I just checked.
Live rates at 2008.05.11 01:05:05 UTC

If you go to another sub-link in the same XE,
http://www.xe.com/currencytrading/?A...w.xe.com/&menu

It shows, 1.5481/3 that is our Trading rate. Not the mid-market rate traded interBank.
  • #12,585
  • May 10, 2008 9:20pm May 10, 2008 9:20pm
Quoting eneloop
No, it does not move during the weekend. The one you quoted is mid-market rates. When there is no market, where can one trade?!

It stays at 1.54331 and does not move even I just checked.
Live rates at 2008.05.11 01:05:05 UTC

If you go to another sub-link in the same XE,
http://www.xe.com/currencytrading/?A...w.xe.com/&menu

It shows, 1.5481/3 that is our Trading rate. Not the mid-market rate traded interBank.
Well that information was just given to me by ppl on the eurusd thread. They say the forex market never closes, only slows down over the weekend. Oanda administrator has also told me that their trading platform is open even on the weekend. I notice that xe.com's prices change from time to time over the weekend. What does that mean?
Expected the unexpected
  • #12,586
  • May 10, 2008 10:07pm May 10, 2008 10:07pm
Quoting scyang
Just found out that forex prices move during the weekend too. http://www.xe.com has the prices updated every 60 seconds, and eurusd is sitting at 1.5433 right now. Should the weekend price movements be taken into considering and will Monday's open based on what happened over the weekend? What's your take on eurusd as to its direction Monday morning?
I've got my S&R lines... Break upward I BUY... Break downward I SELL. FALSE Breakout... I die... and stop trading ... have a week vacation... come back next week. That is my Plan. What about your plan? Stick to the system... Improvise if needed... OR... just STAY ASIDE until market settle down from storm and turmoil.
  • #12,587
  • May 10, 2008 10:12pm May 10, 2008 10:12pm
Quoting scyang
Well that information was just given to me by ppl on the eurusd thread. They say the forex market never closes, only slows down over the weekend. Oanda administrator has also told me that their trading platform is open even on the weekend. I notice that xe.com's prices change from time to time over the weekend. What does that mean?
FOREX market never close... still fluctuate over the weekend. Only RETAILERS / BROKERS close. Last time during the G7 report... I noticed it did changed a lot over the weekend. Some Brokers... can trade 24/7. However... over the weekends... not much volume/volatility... price rarely change unless VERY IMPORTANT thing happen. That's why we see GAP on Monday... sometimes.

This is from my own understanding. Do more research and reading regarding this matters and feel free to share it over here. So that we all learn.
  • #12,588
  • May 10, 2008 10:27pm May 10, 2008 10:27pm
Quote
Why Currency Trading Is Not For Everyone?


Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Remember, you could sustain a loss of some or all of your initial investment, which means that you should not invest money that you cannot afford to lose. If you have any doubts, it is advisable to seek advice from an independent financial advisor.

Just for reminding
  • #12,589
  • May 11, 2008 12:21am May 11, 2008 12:21am
Just registering myself in the FACEBOOK Add me if you want to:

Shamsul Bin Osman
  • #12,590
  • May 11, 2008 3:00am May 11, 2008 3:00am
Hi guys this is the work....for Monday

Eur/usd.....congestion in the trianlge in H1....the yellow line is TP.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 17 KB


For the cable is possible analys only D1......

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.gif Size: 10 KB



Byeeeeee...and good job!!!
  • #12,591
  • May 11, 2008 3:17am May 11, 2008 3:17am
Quoting Finsbury
Hi guys this is the work....for Monday

Eur/usd.....congestion in the trianlge in H1....the yellow line is TP.

Attachment

Byeeeeee...and good job!!!
I am sorry - there are two yellow lines in the eurusd chart. Are you projecting the pair to go up or down to hit the top or the bottom yellow line? Thanks.
Expected the unexpected
  • #12,592
  • May 11, 2008 3:22am May 11, 2008 3:22am
Quoting Malaysia
FOREX market never close... still fluctuate over the weekend. Only RETAILERS / BROKERS close. Last time during the G7 report... I noticed it did changed a lot over the weekend. Some Brokers... can trade 24/7. However... over the weekends... not much volume/volatility... price rarely change unless VERY IMPORTANT thing happen. That's why we see GAP on Monday... sometimes.

This is from my own understanding. Do more research and reading regarding this matters and feel free to share it over here. So that we all learn.
I was also told that the movements during the weekend is considering gaps, and are usually filled before most brokerage companies are open for trading Monday. In other words, the closing price for eurusd on Friday was 1.5483, and now it's gapped down to 1.5433. But some time early morning on Monday, the price will go back up to 1.5483. If you are with a online trading company that opens very early in the morning, you can take advantage of the gap and take a few pips of profit. Does anybody have any experience in that? Or does this kind of gap indicate the potential trend of the price on Monday?
Expected the unexpected
  • #12,593
  • May 11, 2008 3:51am May 11, 2008 3:51am
Salam...

just my personal preview...for this week...look...gj play in range 198-203 [ FE61.8(198.72) - fibo retrace 38.2(203.30)]...in this week...if...GJ break...my Strong (horizontal Support..Gj down to 194.90) if...GJ break my diagonal resistance(25EMA 203.40)...maybe gj have a good momentum to go 204.50(50ema)...just my plan this week..wish me luck...
Attached Image (click to enlarge)
Click to Enlarge Name: mmm.gif Size: 42 KB
  • #12,594
  • May 11, 2008 5:55am May 11, 2008 5:55am
Quoting scyang
I am sorry - there are two yellow lines in the eurusd chart. Are you projecting the pair to go up or down to hit the top or the bottom yellow line? Thanks.
For Eur/USD..........

After the congestion of the triangle, if the price will exit towards the high the target will be high the yellow line….if the price will exit towards the low the target lowland will be the yellow line
  • #12,595
  • May 11, 2008 6:08am May 11, 2008 6:08am
I have add.....a new 2 filter for my sistem....

1)New MA color
2)Finsbury Alert

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1.gif Size: 19 KB
  • #12,596
  • May 11, 2008 6:47am May 11, 2008 6:47am
Ottimo lavoro Daniele. OK

http://img230.imageshack.us/img230/9527/xforumxy5.jpg
http://img230.imageshack.us/img230/9...20181f69d8.jpg

Chanel 1H and TP up. First test at 1.5505----down 15480 ---and after in TP to 1,5533.

Stop on Break-out magenta chanel or down 38% di Fibo.....
  • #12,597
  • May 11, 2008 7:12am May 11, 2008 7:12am
http://img207.imageshack.us/img207/2898/xforumpr2.jpg
http://img207.imageshack.us/img207/2...14c614d356.jpg

4 H

The TP in near the top of chanel down.

Hi to all
  • #12,598
  • May 11, 2008 11:48am May 11, 2008 11:48am
I don't know why... but I feel so good this weekend

The Lementations of Salahuddin Al-Ayuubi: "I asked for strength and Allah game me difficulties to make me strong. I asked for wisdom and Allah gave me problems to solve. I asked for prosperity and Allah gave me faculty and energy to work. I asked for courage and He gave me danger to overcome. I asked for love and He gave me people to help. I asked for favours and He gave me opportunities. I wanted nothing for myself, but I received everything I needed."

Prepare for the battle ahead. Together we share, grow and evolve
  • #12,599
  • May 11, 2008 4:43pm May 11, 2008 4:43pm
Ok...I'm ready...but I think the market start when the desk is green....(ASIA_USA)...

Attached Image (click to enlarge)
Click to Enlarge Name: color.gif Size: 24 KB


Attached Image (click to enlarge)
Click to Enlarge Name: color2.gif Size: 24 KB
  • #12,600
  • May 11, 2008 5:32pm May 11, 2008 5:32pm
Hi guys...my present for you.....for the future price..easy trangle and yellow tp long and short....

Attached File(s)
File Type: ex4 _TDTLModifiedBR.ex4   28 KB | 341 downloads
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