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Help needed in OANDA + users from Malaysia 105 replies

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  • #14,921
  • Jun 30, 2008 3:14am Jun 30, 2008 3:14am
Like I said... Jpy Pairs will just keep UNWINDING. EJ broke the strong support.... broke the RBS... and Cha Chenggggg.... just covering the GAP!!!

GJ and UJ also keep on Unwinding!!!

RISK AVERSION psychology. People took out investment from Currency and Equity and place the risk on Oil and Gold and other commodities.

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  • #14,922
  • Jun 30, 2008 3:15am Jun 30, 2008 3:15am
Quoting b1ackmambo
Thxs, dont hv much experience in trading GJ or UJ. haha, like wat u said its better for me to wait US market to open. Thxs n best of luck.
Go Euro...gbp volatility still in question.
Dun bother abt gj or ej.

You hit double whammy if you were long EURO and short the YEN

http://www.forexfactory.com/showthre...35#post2076435
  • #14,923
  • Jun 30, 2008 3:17am Jun 30, 2008 3:17am
eu just made a charge on uk..
  • #14,924
  • Jun 30, 2008 3:27am Jun 30, 2008 3:27am
Quoting jest1081
Latest news suggested that Temasek has dumped another 1B into Barclays Bank. This news can be taken with mixed response. I wont deny that GBP now has issues.

I would not wanna speculate it at the moment. Multiple pin bars on the monhtly already suggested that this currency is having trouble finding its direction. Caveat.
I am with you on this. When in doubt... STAY OUT. Best trade for now... SELL FROM BOUNCE on Jpy Pairs. I don't think it's bottom out yet. If tonight DJ gonna drop some more confirming BEAR MARKET... that's it... could be 1000 pips drop on GJ in one single day... like last time.

T.A.Y.O.R.
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  • #14,925
  • Jun 30, 2008 3:29am Jun 30, 2008 3:29am
200+ move if shorted uk/yn.. i think it might reverse (short term) here but hard to say. i'm sure there's some profit taking.
  • #14,926
  • Jun 30, 2008 3:35am Jun 30, 2008 3:35am
Quoting Trader Neal
200+ move if shorted uk/yn.. i think it might reverse (short term) here but hard to say. i'm sure there's some profit taking.
Could be heavy profit taking in the middle of the year... perfect timing since the World Economy still full of UNCERTAINTY. Tomorrow already JULY.
  • #14,927
  • Jun 30, 2008 3:39am Jun 30, 2008 3:39am
The month gonna end soon... that Monthly CS either gonna pierce UP or fall back down as Doji.
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  • #14,928
  • Jun 30, 2008 3:39am Jun 30, 2008 3:39am
Quoting jest1081
Go Euro...gbp volatility still in question.
Dun bother abt gj or ej.

You hit double whammy if you were long EURO and short the YEN

http://www.forexfactory.com/showthre...35#post2076435

thxs jest, looking for chance to long EU. It is a good choice for long?
  • #14,929
  • Jun 30, 2008 3:45am Jun 30, 2008 3:45am
Alongside with the Oil and Gold surging UP.... EU will keep on climbing.

World Currency Reserve had changed from Pound Sterling to GreenBack... perhaps now changing to Euro? or Yuen?
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  • #14,930
  • Jun 30, 2008 3:53am Jun 30, 2008 3:53am
Quoting Malaysia
Alongside with the Oil and Gold surging UP.... EU will keep on climbing.

World Currency Reserve had changed from Pound Sterling to GreenBack... perhaps now changing to Euro? or Yuen?




Some analyst said oil price might hit USD150~170 within few weeks time It took me RM108(32USD) for a full tank of petrol
  • #14,931
  • Jun 30, 2008 3:55am Jun 30, 2008 3:55am
Quoting b1ackmambo
thxs jest, looking for chance to long EU. It is a good choice for long?
Bro, i dun really chase the breakouts. i like to wait for the pull backs. Dun be scared of buying pull backs coz even if you're wrong, it will usually re-test before it fails. Of course as the price gets cheaper it will only become more atttractive.

Sham, Yuan i think just undervalued. It will reach a certain point where it may find equilibrium.

At the end of the day, i may still be wrong. Fundamentally the direction is right but technically....the monthly pinbar is still in play. Technicians may lookg for exhaustion areas but the light is getting dimmer for them....lol
  • #14,932
  • Edited 4:11am Jun 30, 2008 3:59am | Edited 4:11am
Quoting b1ackmambo
Some analyst said oil price might hit USD150~170 within few weeks time It took me RM108(32USD) for a full tank of petrol
I've seen people stock piling Petrol last night. Quietly filling up lots of bottles at the back of their car. That could save hundreds of Ringgit when the government will announce another OIL PRICE surge next month. If you wanna do it... do it quietly at night... have your friend's car que at the back. Search for Pump Station that is easy to do such thing. Don't get caught. I dunno what will happen if you get caught.

And use Credit Card to pay.. swipe it yourself at the pump.... don't pay at the counter... that will alarm the operator with more than normal order.

p/s: Huhuhuhu... I am advising a bad thing here. Please don't arrest me. Nature at work for survival.
  • #14,933
  • Jun 30, 2008 4:01am Jun 30, 2008 4:01am
Quoting jest1081
Bro, i dun really chase the breakouts. i like to wait for the pull backs. Dun be scared of buying pull backs coz even if you're wrong, it will usually re-test before it fails. Of course as the price gets cheaper it will only become more atttractive.

Sham, Yuan i think just undervalued. It will reach a certain point where it may find equilibrium.

At the end of the day, i may still be wrong. Fundamentally the direction is right but technically....the monthly pinbar is still in play. Technicians may lookg for exhaustion areas but the light is getting dimmer for them....lol

Agree with u bro, lets wait for the pull back. I used to chase for breakouts, tats y i ald blow 2 a/c..haha... thxs for the advice
  • #14,934
  • Jun 30, 2008 4:12am Jun 30, 2008 4:12am
Quoting Malaysia
I've seen people stock piling Petrol last night. Quietly filling up lots of bottles at the back of their car. That could save hundreds of Ringgit when the government will announce another OIL PRICE surge next month. If you wanna do it... do it quietly at night... have your friend's car que at the back. Search for Pump Station that is easy to do such thing. Don't get caught. I dunno what will happen if you get caught.

is that true governtment will announce another oil price surge next month? I dont understand y malaysia export petrol, but we dont benefit from it? heard that if u get caught, the compound is 5k per litre....so gay
  • #14,935
  • Jun 30, 2008 4:15am Jun 30, 2008 4:15am
Have to wait to sell from bounce for geppy since I missed the boat already....Seems GU is heading nowhere....
  • #14,936
  • Jun 30, 2008 4:16am Jun 30, 2008 4:16am
Quoting b1ackmambo
is that true governtment will announce another oil price surge next month? I dont understand y malaysia export petrol, but we dont benefit from it? heard that if u get caught, the compound is 5k per litre....so gay
We still benefit from it what... Our OIL price still one of the cheapest. True or not... if Oil Price surge up to USD150... that will leave the government with no choice.

Wow... RM5K per litre if get caught. Better don't do it then. The R&R ratio is bad
  • #14,937
  • Jun 30, 2008 4:20am Jun 30, 2008 4:20am
salamz and hi to all
just wanna say hi to all .. and
sham ... still remember me ?? from kulim ..
how r u bro ???
be at your gathering last 2 month i think
actually start to trade again today ..
since my daughter not feeling well
now already become better after the operation ..
today .. not bad for my 1st day ..
761 pip scalping GJ ... huhu
c ya geng ..


p/s: bila lagi nak kumpul2 sham ..
  • #14,938
  • Jun 30, 2008 4:24am Jun 30, 2008 4:24am
Quoting Malaysia
We still benefit from it what... Our OIL price still one of the cheapest. True or not... if Oil Price surge up to USD150... that will leave the government with no choice.

Wow... RM5K per litre if get caught. Better don't do it then. The R&R ratio is bad

Ya, although we benefit from it, but not much ler.. not like other country that export petrol, a friend of mine forward this to me..haha, their oil price is cheaper than a bottle of mineral water
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  • #14,939
  • Jun 30, 2008 4:26am Jun 30, 2008 4:26am
Quoting pip_scalper
salamz and hi to all
just wanna say hi to all .. and
sham ... still remember me ?? from kulim ..
how r u bro ???
be at your gathering last 2 month i think
actually start to trade again today ..
since my daughter not feeling well
now already become better after the operation ..
today .. not bad for my 1st day ..
761 pip scalping GJ ... huhu
c ya geng ..


p/s: bila lagi nak kumpul2 sham ..
Welcome back my friend.

Sorry to hear about your daughter... hope she get well soon.

Gathering will be held soon. Maybe on my Birthday on July. Click on my Avatar to see my profile for the date.... and please leave a comment for me in there.... either good or bad. If good... will give the feel good factor for me. If bad... that will make me review myself (Muhasabah) ... and do something on my weakness.
  • #14,940
  • Jun 30, 2008 4:32am Jun 30, 2008 4:32am
Quoting b1ackmambo
Ya, although we benefit from it, but not much ler.. not like other country that export petrol, a friend of mine forward this to me..haha, their oil price is cheaper than a bottle of mineral water
Mate... don't compare with Arabs or Middle East country... How many barrels they export? Just compare with our region. I think we are below Brunei (Cheapest).

Did you watch the conference/Forum with PETRONAS on the teli last time. That had answered so many questions about the OIL price in Malaysia.

When dealing with Economic trickiness... it's not straight forward as 1 2 3. Why all our export cars are cheaper outside than what we buy here in Malaysia?
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