Just digging in the trenches like everyone else!
- #13,941
- Jun 11, 2008 2:13pm Jun 11, 2008 2:13pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
- #13,943
- Jun 11, 2008 2:27pm Jun 11, 2008 2:27pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Depending upon where we close out on the US Session. If I go short I'll be targeting 1.9475 and if I go long I'll be targeting 1.9750. We'll see how it sets up and go from there.
Good luck to all!
Oh well... seems I had SHORTed already... target shall be the Support line of the TRIANGLE.
If my SL got hit and I switch position to LONG... my target shall be the Resistance line of the TRIANGLE.
Ready for the BREAKOUT of the Triangle as well... either UP or Down. Might happen within this week which is 2 more days to go.
T.A.Y.O.R.
- #13,946
- Jun 11, 2008 8:04pm Jun 11, 2008 8:04pm
salam and hi everyone!!!
i'm new here... hehehe.. but have been following this thread for a loonnnggg time without posting.. huhuhu..
and i would like to congrats sham for living up this thread for all this time.. way to go malaysian traders!!!
- #13,952
- Edited 11:08pm Jun 11, 2008 10:52pm | Edited 11:08pm
50% Retracement seems holding well... took my SHORT... will be placing SL at BE and continue my sleep. See you guys tomorrow.
T.A.Y.O.R.
this is why i found trailme EA come into place for me,.. if i place a trade somewhere near my bed time, surely this is my helper, and i prefer to have good night sleep. (as a part time trader)
wake up in the morning get the result,.. it may be a good result or bad one.
last time i post this EA without any description (sorry for that)
this EA consist 2 main feature that i like most about it.
a) moving to Break even or locking some positive pips (say 20pip move lock 1 pip)
b) trailing is another good tool as it move continuously SL following market movement (what value is good value please refer chart below) as always there some drawback if you put to tight or to loose.
to activate this setting u must put '0' value at move trail every xx pips column
i hope this can bring more profitable trade for us even when we were sleeping.....or perhaps meeting
those who need to download this EA u can find it here : http://www.forexfactory.com/showpost...ostcount=13444
"A smooth sea never made a skilled mariner"
- #13,953
- Jun 11, 2008 11:28pm Jun 11, 2008 11:28pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Good Morning guys and a warm welcome to the new members.
Uhhh.. already 12:30pm here... not morning anymore... GOOD AFTERNOON Guys and Gurls.
Shame on me... woke up late. Stay up late last night because can't really sleep well. Not good... I missed the Subuh Prayer.
and a warm welcome to the new members. Uhhh.. already 12:30pm here... not morning anymore... GOOD AFTERNOON Guys and Gurls.
Shame on me... woke up late. Stay up late last night because can't really sleep well. Not good... I missed the Subuh Prayer.- #13,954
- Jun 11, 2008 11:34pm Jun 11, 2008 11:34pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
50% Retracement seems holding well... took my SHORT... will be placing SL at BE and continue my sleep. See you guys tomorrow.
T.A.Y.O.R.
That was a good SHORT. Got it right at the top 
Will be placing SL a few pips above the DAILY PIVOT. Expecting the TRIANGLE support to be tested today. If that support line still holding strong from PA... I'll take out profit straight away. However, if that support line easily broken... I'll just let the profit run.Depending also to the NEWS reaction later on.
T.A.Y.O.R.
- #13,955
- Jun 11, 2008 11:37pm Jun 11, 2008 11:37pm
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
{Promotion Removed}
- #13,957
- Jun 11, 2008 11:40pm Jun 11, 2008 11:40pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Update for the FIBER chart... found that TRIANGLE on the Daily Chart. EU reached the congestion area (many support and resistance lines previously. What do you guys think... good to SHORT now... SELL FROM BOUNCE?
T.A.Y.O.R.
I did it as well last night 
EU stumbled upon that Congestion Area as a strong Resistance area. A good place to SHORT indeed. Same as Cable... will be placing SL a few pips above the Daily Pivot.It will test the Daily TRIANGLE support lines again(click link on above quote to see the Daily Chart). Either take profit there or let the profit run if the Support line is broken.
T.A.Y.O.R.
- #13,958
- Jun 11, 2008 11:50pm Jun 11, 2008 11:50pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Uh... I forgot... TRIPLE SWAP day
Perhaps... I shall change my acc to SWAP Free acc. Been waiting for that type of acc and it's widely available now. After all... mainly I am an INTRADAY trader and SWAP/interest is prohibited in my religion.
Congratulation on your more than 100pips profit
- #13,959
- Jun 11, 2008 11:54pm Jun 11, 2008 11:54pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
good afternoon sham, nvm woke up late tonight got some important news right? so wont get sleepy tonight..
11:30pm USD http://www.forexfactory.com/images/m...mpact_high.gif Fed Chairman Bernanke Speaks
- #13,960
- Jun 12, 2008 12:12am Jun 12, 2008 12:12am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
thx shamm your analyze its help me to make decision for trading....
good luck to you
PS : jika ada waktu dan umur panjang mau datang ke malaysia. liburan di rumah sham boleh
hi shamm today i get short FIBER because break triangle on 1 hour
short @ 1.5540 Tp 1.5400 ...
thx
Remember... the decision is yours to make. Learn from others Strength and also weaknesses (I still got to improvise many of my weaknesses).As long as you don't follow others blindly and confident with your entry with reasoning either TA or FA... you'll survive long.
Advice to Newbies... STOP following others Trade Calls and start to make your own decision. Find strategies that work best with your trading style. If you keep on following others blindly... you'll never success in trading.
If you can... share your reasoning of entering the Trade in here. Share with us your TA or FA analysis. Believe me... it will make you more discipline in making the trade following your strategy. It's not a matter of RIGHT or WRONG.... because we all learn from RIGHT and WRONG. Even I made many Wrong Entries from time to time. I record it all in here... so when I review back... aaahhh.... then I know why I went the wrong way. Like yesterday... I was too focusing on the FA which was many RED NEWS from UK that made me to SHORT. I Should had realised from the PA where strong Price Rejection at the Support Line of the Triangle just right after the news... that causing long bottom shadow of H1 CS... should had Closed that SHORT quickly and went Long... But I was Clouded with the FA. Now I learnt from my mistake.
p/s: Megi dari mana sebenarnya?