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Help needed in OANDA + users from Malaysia 105 replies

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  • #13,041
  • May 26, 2008 9:33pm May 26, 2008 9:33pm
Quoting Malaysia
I don't think it will be that easy... unless you already got the "leaking" News about this Somehow... I just have the gut feeling that the data gonna be green. Huh... that is just the Gut Feeling... nothing to do with prediction or speculation. I might stay out for the time being. Oh well... let see what comes next.

10:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif New Home Sales ??? 522K 526K
I also agree that it's not so simple as shorting USD all the way. There will be a mixed bag of news from today for the rest of the week. The major pairs will be pulled all different directions, some quite against the logic.
Expected the unexpected
  • #13,042
  • May 26, 2008 9:35pm May 26, 2008 9:35pm
Quoting wakli
Morning guys!!!Didn't trade at all yesterday since Uk & US market closed for holiday....Hopefully can gain some pips today....UJ formed nice flag formation on 1hrTF.....Will ride on flag breakout.....
Morning Wakli ... good choice not to trade yesterday as I got cheated with the ranging market yesterday.

Here is your FLAG

Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart1344.PNG Size: 75 KB
Click to Enlarge Name: chart1343.PNG Size: 72 KB
  • #13,043
  • May 26, 2008 9:50pm May 26, 2008 9:50pm
Quoting Malaysia
To Eneloop.... since I can't attach this on the PM... I do it over here. This is the reference you are looking for. Click directly on the image to ZOOM IN.


Thanks Brother,

I have examined it.

I am afraid it means Thread-Starter can moderate his own thread, rather,

http://www.forexfactory.com/images/b...ort_action.gif Immediate Action Needed Suspend cyan's and Delete This Post
This feature is not available because you don't have 365 days seniority and 100 more posts and than cyan's.

It should mean that, if one is a member for at least 365 days and also have 100 more posts than the person one tried to report, then one is entitled to demand IMMEDIATE ACTION from the Moderator team to act.
  • #13,044
  • May 26, 2008 9:57pm May 26, 2008 9:57pm
Quoting eneloop
Thanks Brother,

I have examined it.

I am afraid it means Thread-Starter can moderate his own thread, rather,

http://www.forexfactory.com/images/b...ort_action.gif Immediate Action Needed Suspend cyan's and Delete This Post
This feature is not available because you don't have 365 days seniority and 100 more posts and than cyan's.

It should mean that, if one is a member for at least 365 days and also have 100 more posts than the person one tried to report, then one is entitled to demand IMMEDIATE ACTION from the Moderator team to act.
Once you reach that state... as the thread starter... The IMMEDIATE ACTION means... no need to wait for moderator approval anymore. The post will immediately be deleted instantly. I haven't reach that status yet. So far the MODERATORS still policing this thread.
  • #13,045
  • May 26, 2008 10:18pm May 26, 2008 10:18pm
Quoting scyang
I also agree that it's not so simple as shorting USD all the way. There will be a mixed bag of news from today for the rest of the week. The major pairs will be pulled all different directions, some quite against the logic.
i mean intraday. dont cloud ur mind too much.
  • #13,046
  • May 26, 2008 10:29pm May 26, 2008 10:29pm
Quoting arinforex
i mean intraday. dont cloud ur mind too much.
I also mean intraday. I only trade longer-term if I am forced into it, i.e. I am stuck in a position that went a different way. Still with the intraday in view, I am not convinced yet that USD will be down against all majors. Would like more experienced members to chirp in.
Expected the unexpected
  • #13,047
  • May 26, 2008 10:30pm May 26, 2008 10:30pm
Quoting Malaysia
Once you reach that state... as the thread starter... The IMMEDIATE ACTION means... no need to wait for moderator approval anymore. The post will immediately be deleted instantly. I haven't reach that status yet. So far the MODERATORS still policing this thread.
Bro,

I think that IMMEDIATE ACTION is usable for every member, not just the Thread-Starter. Well, we will know later, when the time comes, but let pray that we need not use it at all. :-)
  • #13,048
  • Edited 11:05pm May 26, 2008 10:46pm | Edited 11:05pm
Candlestick Forecast for 27 May 2008

Based on Daily Candlestick on 26 May (Monday) [Note: Sunday bar is ignored, save that the opening data is taken as Monday opening data]

Personally, the data is weak because Monday was a holiday for USA & UK.

USDCHF
- Black Spinning Top – No direction, Neutral
- Homing Pigeon (similar to Harami pattern): Reversal signal

PREVIOUS DAY CANDLESTICK SIGNAL
- Last Engulfing Bearish: Possible bottom. This is considered a reversal pattern that might indicate a bottom. Look for higher opening to buy. + Oversold.
- Bearish Trending Candle takes over: Bearish continuation.

USDJPY
- White Spinning: Top No direction, Neutral
- Thrusting Pattern: Bearish or Bullish [In down trend, bearish, unless 2 of these patterns appear – Steve Nison]

PREVIOUS DAY CANDLESTICK SIGNAL
- Bearish Harami Line: Indecision in market. “Inside Day”, wait for next signal/confirmation and look for reversal.


EURUSD
- White Spinning: Top No direction, Neutral
- Piercing Line Confirmation: Weakening market
- Market overbought
- Stochastic Oscillator crossing down: look out for bearish signal

PREVIOUS DAY CANDLESTICK SIGNAL
- Engulfing Bullish Line Continuation: suggest market is overbought. Look to cover long position.
- Stochastic oscillator also suggests overbought.


GBPUSD
- White Spinning Top: No direction, Neutral

PREVIOUS DAY CANDLESTICK SIGNAL
- White Doji Line: possible reversal + OVerbought
  • #13,049
  • May 26, 2008 11:42pm May 26, 2008 11:42pm
Quoting Malaysia
Morning Wakli ... good choice not to trade yesterday as I got cheated with the ranging market yesterday.

Here is your FLAG
Hi bro!!!Expecting things were ranging yesterday.....Hopefully it will breakout today and we will ride the wave....
  • #13,050
  • May 27, 2008 12:11am May 27, 2008 12:11am
Expecting Geppy bullish taking over..it;s just my TA point of view.
Don;t follow blindly do your due diligence!

Cheers..
Yesterday is history. Tomorrow is a mystery. Today is a gift
  • #13,051
  • May 27, 2008 12:47am May 27, 2008 12:47am
USD can't bear the selling force. We'll see.
  • #13,052
  • May 27, 2008 12:55am May 27, 2008 12:55am
Quoting himurasemi
Expecting Geppy bullish taking over..it;s just my TA point of view.
Don;t follow blindly do your due diligence!

Cheers..
In fact it is bullish now....Already 60 pips on the green....
  • #13,053
  • May 27, 2008 12:55am May 27, 2008 12:55am
Quoting arinforex
USD can't bear the selling force. We'll see.
Out of synchronization... decoupled... correlation madness... UsdChf down.... EU up... but Usd Jpy shooting UP. Crazy

Euro news coming up in a few minute time... we'll see.
  • #13,054
  • May 27, 2008 12:57am May 27, 2008 12:57am
yen very weak.
  • #13,055
  • May 27, 2008 12:58am May 27, 2008 12:58am
Quoting arinforex
yen very weak.
Yen is even weaker now... spiralling down with USD. Careful with a sudden bounce.
  • #13,056
  • May 27, 2008 1:06am May 27, 2008 1:06am
Quoting Malaysia
Out of synchronization... decoupled... correlation madness... UsdChf down.... EU up... but Usd Jpy shooting UP. Crazy

Euro news coming up in a few minute time... we'll see.
Not a good news for Euro Chf New coming up... expecting RED as well.
  • #13,057
  • May 27, 2008 1:08am May 27, 2008 1:08am
OMG!!! That was a killing SPIKE on CABLE and GEPPY.... madness!!! USD Rebouncing now!
  • #13,058
  • May 27, 2008 1:10am May 27, 2008 1:10am
Quoting Malaysia
Morning Wakli ... good choice not to trade yesterday as I got cheated with the ranging market yesterday.

Here is your FLAG

USD seems gaining strength as right at this moment ... Breakout upperside of the FLAG.

Synchronization / Correlation seems back to normal.
Attached Image (click to enlarge)
Click to Enlarge Name: chart1345.PNG Size: 75 KB
  • #13,059
  • May 27, 2008 1:12am May 27, 2008 1:12am
USd will not strengthen..wil not..
  • #13,060
  • May 27, 2008 1:16am May 27, 2008 1:16am
Quoting arinforex
USd will not strengthen..wil not..
As for this moment... Usd/Chf and Usd/Jpy are shooting up... how do you explain that? Perhaps... just a retracement. Arghhh.... another tough day to trade Switching to SCALPING mode.
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