Malaysia

Don't blame me if Fiber break the Triangle Support Right now... strong retaliation by the bull... perhaps the BEAR need to take a rest for a while.

Can place PO Sell under the support line and also can LONG from here with TIGHT SL below the support... but FALSE breakout ... SPIKE... WHIPSAW can kill the breakout strategy like what happened yesterday. Be careful.

T.A.Y.O.R.

I am planning to move down my SHORT SL to about 20pips from the current price at 3:57... securing some green pips already if Fiber decided to turn around out of the Bulletin.

4:00pm EUR http://www.forexfactory.com/images/m...act_medium.gif ECB Bulletin


T.A.Y.O.R.

support at 19520 looks firm as now,waiting for euro data.

good to hear u guys happy with all the profits.. well i missed the train, it always when im not around da good things happens, well what can i do, got classes..:nerd:student maa.. but at least secured 28 pips on cable, managed to grab the train's tail..

Those H1 CS on Cable and Fiber make me Chiken out Taking out all my profit manually NOW!!! More than 100pips on CABLE... more than 100pips on FIBER. I am done for today

Good Luck... Good Trade!

T.A.Y.O.R.

There is always another perfect trade waiting for you. Now (at the time of posting) the 4 majors are searching for direction.

E.g. GBPUSD, the Bearish Trending Candle has taken over, meaning a strong bearish trend that may continue lower. Look at weekly and other longer charts for signal indicating a major top or bottom, or the continuation of an existing trend. Often, markets established a trend and move substantially over a period of time. But beware of Retracement.

Nonetheless,
EURUSD - the RSI is oversold and turning up. This pair may continue to go down to a support and then rebound.
GBPUSD - the RSI is oversold and turning up. This pair may continue to go down to a support and then rebound.
USDCHF - The RSI has banged against a major resistance around 70% and is reversing down. Key ST resistance at 1.044
USDJPY - The RSI is capped by a bearish trend line.

USE your SL!

Good job and well done, Sham!

Can't trade much just now during office hour (only got 58 pips and miss the last dive). But I am also done for the day, will let the market rest and find its course before going in again.

i am observing cable now, i also thinks the same but currently staying aside.. learn tha hard way that patience is important.

yup agreed on that,... got one proverb for you,.

For want of a nail the shoe was lost.
For want of a shoe the horse was lost.
For want of a horse the rider was lost.
For want of a rider the battle was lost.
For want of a battle the kingdom was lost.
And all for the want of a horseshoe nail.


if youre tokyo drift movie fan u will remember this proverb.

http://www.tradingcentral.com/chart/...0612094008.GIF

wait till 10775

thank you shamm. see you tomorrow. good day

A Copy and Paste from "Knowledge Is Power"

Trying Hard To Show The Way !!!

Nothing Personal for those not willing to look the TRUTH in the face and get your EDGE for the Next 3 Years !!!

Copy and Paste :

Warrenforex
Member Since Sep 2006
Posts: 727


http://www.forexfactory.com/images/icons/icon14.gif Ignore At Your Financial Peril !!!
Since G7 obligations are DENOMINATED in domestic currencies the solution they will take and have taken to date is they will “print the money”. It is as simple as that. They will substitute another IOU (G7 currencies) for the existing ones. Default is unthinkable as they won’t be able borrow anymore, or print money and exchange them for REAL things like imports and energy supplies. It is inflate or die, so they will inflate.
These realities are hard to accept, but the one bright spot is that YOU are aware of them. You can organize yourself in such a manner as to not be victim of them, and in fact benefit from them. Investors are in general confused as the assumptions they have been taught are NO LONGER true. BONDS and paper investments are POISON to your future. Learn how to SHORT CURCUIT the unfolding monetary debasement and confiscation of your wealth by your SOCIALIST, COLLECTIVIST public serpents and their banking masters. Markets must constantly REPRICE UP and Down to reflect the unfolding situation, creating volatility in all market sectors. VOLATILITY is OPPORTUNITY and it will unfold in spades over the coming years. You learn to make money in up and down markets, short circuit the debasement of your holdings. Its quite simple to do
Inflation will rear its ugly head over and over again in the coming years, but the public will not understand the altered relationship of their money. The day of recognition by the general public is YEARS away. They have no idea what is transpiring, nor do they know the source of the inflation problem--public servants and their banking masters. The mainstream media, public schools and your public servants have made sure you never get the straight story and that most people and their children don’t have the ability to recognize a lie said straight to their faces.
How do we know recognition is years away? Try and explain this to your friends. They will stare at you blankly! When they don’t return a blank stare you KNOW the “Crack up Boom” is at hand, at which point you must be out of all paper currencies and in GOLD or something that can’t be printed. In the meantime, inflation will continue as private and central banks pile infinite amounts of new currencies into their economies to service unpayable old debts, maturing obligations, support inflated asset values, and confiscate wealth from the citizens they are sworn to protect —to protect the value of their balance sheets and get more people onto the debt slavery rat wheel. The “Crack up Boom” looms directly ahead.
Flash: I don’t know what is transpiring but everyone at the fed and treasury are TALKING up the dollar, Richard Fisher, Tim Geithner, Helicopter Ben Bernanke, Hank Paulson. Smoke is in the air, I wonder where the fire is? I am sure we will soon find out!

Link:

http://www.financialsense.com/fsu/ed...2008/0611.html


Folks

I strongly suggest you read and understand this great informative article. Regardless of your opinion, you cannot change the facts. We are entering a new period of our life because of the greed and lunacy of the financial rocket scientists. The charts cannot and will not educate you. Ignorance is Bliss !!!

Bruce

Until this moment, the upper green trendline still intact as a strong resistance. Price already made a small breakout to the lower trendline of the teal triangle and bounce back. I'm looking forward for a further downtrend movement soon to bolster the bearish reversal scenario. Otherwise if the price make a breakout to the upper green trendline and later to the bullish continuation line 3, this scenario would be invalid. Goodluck.

Sydney, June 13: Sydney, June 13: The EUR/USD has been pretty whippy in Asia this morning. Stops above 1.5460 were triggered to a high of 1.5484 before investment bank sellers emerged and took it down to 1.5428. Hourly support has formed at 1.5415 and the key 100- day MA comes in around 1.5395 today. The EUR/USD dipped below the 100-day MA yesterday for the first time since breaking above on Feb 12 this year and technical traders say that a daily close below that reading would be a bearish event. -- Thomson.com

欧元兑日元：受多头清仓打压

交易商称可能是多头清仓所致。支持在166.00，下有买盘。

欧元兑美元：亚洲央行动态引起市场关注

亚市有传言，至少有部分欧元/美元卖盘与亚洲央行有关。亚洲央行近期通过卖出美元捍卫本币，此前很长一段时期，他们买入美元，以使本币贬值。当他们买入美 元兑本币时，往往将美元转换成其他货币，特别是欧元。目前他们卖出美元兑本币，也引发欧元/美元卖盘。交易商称市场将关注亚洲央行的动态。

EURUSD
At the time of posting
- Doji: No direction
- Look for possible Reversal

YESTERDAY CANDLESTICK SIGNAL
- Bearish Trending Candle takes over
- Engulfing Bearish Line: Bearish

2 DAYS AGO CANDLESTICK SIGNAL
-- Piercing Line: Possible Reversal

3 DAYS AGO CANDLESTICK SIGNAL
--- Dark Cloud Cover Confirmation: Sell Signal


GBPUSD
At the time of posting
- White Spinning Top: no direction/neutral
- Appeared to be bearish

YESTERDAY CANDLESTICK SIGNAL
- Engulfing Bearish Candle: Bearish Signal
- Bearish Trending Candle takes over

2 DAYS AGO CANDLESTICK SIGNAL
- Piercing line: possible reversal

3 DAYS AGO CANDLESTICK SIGNAL
-- Black Inside Out Down: Sell Signal


GBPJPY
At the time of posting
- White Spinning Top: no direction/neutral
- Market overbought

YESTERDAY CANDLESTICK SIGNAL
- White Spinning Top: no direction/neutral
- Engulfing Bullish Confirmation: Bullish & Overbought

2 DAYS AGO CANDLESTICK SIGNAL
-- Double Doji Lines: possible reversal
-- Last Engulfing Bullish: possible Top
--Stochastic Oscillator: Overbought

3 DAYS AGO CANDLESTICK SIGNAL
--- Black Doji Star Reversal: possible top
--- Incomplete Dark Cloud Cover: Sell on confirmation

I'm looking forward for any breakout again to the teal expansion triangle today. Expecting to see a strong bearish breakout to be happen today. Advisable to protect your short entry by putting SL according to the upper green trendline of the teal expansion triangle. Otherwise we may see a breakout to the bullish continuation line 3. Good luck and happy weekends.

guys,

does anybody have Expert Advisor based on QQE ?

thanks

Morning Guys... It's FRIDAY!!!

Friday the 13th.