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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #15,021
  • Jul 1, 2008 11:49pm Jul 1, 2008 11:49pm
Hi guys!!!Breakout opportunity on 1hr tf for GU.....Happy trading to all......
  • #15,022
  • Jul 2, 2008 12:46am Jul 2, 2008 12:46am
might be slipping we'll see but i'm not jumping in without confirmation. good luck.
  • #15,023
  • Jul 2, 2008 12:58am Jul 2, 2008 12:58am
I do have guts who said GU for at least will find some retracement level than further the move to the north.. This is based on my charts as well as the fundamental issues.. last time i saw data from US is having a good one despite overall performance is still below par.. For at least they shud focus on their dollar rather than busy investigate others country stuff!
  • #15,024
  • Jul 2, 2008 3:03am Jul 2, 2008 3:03am
Quoting johnbaem
I do have guts who said GU for at least will find some retracement level than further the move to the north.. This is based on my charts as well as the fundamental issues.. last time i saw data from US is having a good one despite overall performance is still below par.. For at least they shud focus on their dollar rather than busy investigate others country stuff!

You are right!
Where is Sham? so quiet here.
  • #15,025
  • Jul 2, 2008 3:19am Jul 2, 2008 3:19am
Cable still stuck between Psychological Resistance at 2.0000 and the Resistance Become Support Area (RBS) ... Still Ranging... Still Choppy...

Best way to handle this is quickly take out profit from any entry... either Long Or Short once it reach Support or Resistance area. Don't let the profit float for a long time because market has a great deal of tendency to Whipsaw. Then re Enter again when clear Breakout... or fail to breakout. I find it good time for SCALPING.

Looks like the BEAR gonna break that RBS area... we'll see. If Break.. I'll SHORT. No Break... I'll LONG. Careful of FALSE BREAKOUT.

T.A.Y.O.R.
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  • #15,026
  • Jul 2, 2008 3:33am Jul 2, 2008 3:33am
GJ moved a lot, 100 pips' movement in a short period is like "kacang putih".
  • #15,027
  • Jul 2, 2008 3:56am Jul 2, 2008 3:56am
Quoting johnbaem
evening people.. i closed for loss my earlier position on sell when it reach about 2nd resistance level..

The 2nd position at 1.9950, im still holding that and one PO at 2.0010 does not hit when the price is already moving down..

Im placing one PO at pivot around 1.9920 for 2nd position..

T.A.Y.O.R!!
Both position on +ve now... 80 pips and 50 pips and running.. Im waiting level 61.8 around 1.9770 for at least before they turn to the north back..
  • #15,028
  • Jul 2, 2008 3:56am Jul 2, 2008 3:56am
Quoting redbean
GJ moved a lot, 100 pips' movement in a short period is like "kacang putih".
GJ is a beast.. Careful..
  • #15,029
  • Jul 2, 2008 4:08am Jul 2, 2008 4:08am
4.30pm GBP PMI report -> Red News.
But GU dropped right before 4PM.
  • #15,030
  • Jul 2, 2008 4:26am Jul 2, 2008 4:26am
Miss the boat suddenly my Connection of MT4 dead even though the internet is working fine. It says that the MT4 "IS not CONNECTED" Do you guys experience the same phenomena?
Oh Lord! Give me more PIPs
  • #15,031
  • Jul 2, 2008 4:41am Jul 2, 2008 4:41am
Quoting iras
Miss the boat suddenly my Connection of MT4 dead even though the internet is working fine. It says that the MT4 "IS not CONNECTED" Do you guys experience the same phenomena?
I experienced this before, are you using streamyx? if so it may be streamyx's connection to some us site is down. It happenned to Muar , Seremban and Johor area last week. Try using Jaring(dial up connection) to get online and see.
  • #15,032
  • Jul 2, 2008 7:38am Jul 2, 2008 7:38am
The problem was, the internet connection was OK because I could surf the internet using the WEB Browser. Infact I was with this group during the phenomena happened. Something fishy going on. Is possible that the connection to the SERVER overloaded during that time?
Oh Lord! Give me more PIPs
  • #15,033
  • Jul 2, 2008 11:16am Jul 2, 2008 11:16am
Huh... I took the Jap's Pill... and this thread is dead. Sorry guys... when I am SCALPING... need full concentration since I am using lower TF. Need to be extra alert and vigilant. Can't spend much time doing analysis here. Since SCALPING... analysis just valid for a very short period of time. Hit and Run. Forget SWINGING with this type of market environment... just do SCALPING if you are good at it.

I am loving it!!! But very tired looorrrrr... my eyes feel like wanna pop out.
  • #15,034
  • Jul 2, 2008 11:29am Jul 2, 2008 11:29am
Quoting Malaysia
Huh... I took the Jap's Pill... and this thread is dead. Sorry guys... when I am SCALPING... need full concentration since I am using lower TF. Need to be extra alert and vigilant. Can't spend much time doing analysis here. Since SCALPING... analysis just valid for a very short period of time. Hit and Run. Forget SWINGING with this type of market environment... just do SCALPING if you are good at it.

I am loving it!!! But very tired looorrrrr... my eyes feel like wanna pop out.
aren't u overdoze by jap's pill cause u took it for several days, waiting for ur analysis
  • #15,035
  • Jul 2, 2008 12:04pm Jul 2, 2008 12:04pm
Quoting T 1 Ti
aren't u overdoze by jap's pill cause u took it for several days, waiting for ur analysis
No need analysis... just look at all markets... mostly RANGING... PING PONG... ZIG ZAG... WHIPSAW.

Scalping is the best strategy now. If it break certain major support or resistance... then I switch mode to SWING trade again.

The Dow also playing on the surface of BEAR MARKET... not diving in yet. It can bottom out from here and get strongly in the BULL MARKET again... OR... diving in confirming BEAR MARKET. Nothing certain yet. This is the period of full of INDECISIVENESS. No clear direction yet.

The GOLD also Ranging. The OIL also Ranging. How boring. One thing I know... CALM before the STORM.. the storm is brewing. Just get ready.

Enjoy your SCALPING if you are good at it.
  • #15,036
  • Jul 2, 2008 12:16pm Jul 2, 2008 12:16pm
7:45pm EUR http://www.forexfactory.com/images/m...mpact_high.gif Minimum Bid Rate

8:30pm EUR http://www.forexfactory.com/images/m...mpact_high.gif ECB Press Conference

8:30pm USD http://www.forexfactory.com/images/m...mpact_high.gif Nonfarm Employment Change

8:30pm USD http://www.forexfactory.com/images/m...mpact_high.gif Unemployment Rate

This will cause the BIG STORM tomorrow. Choose which side you are on... OR... choose not to trade until the announcement released and enter after the dust settled down. I am expecting CHAOS tomorrow... BIG GIGANTIC WHIPSAW.
  • #15,037
  • Jul 2, 2008 12:21pm Jul 2, 2008 12:21pm
Im most likely will close all my positions before NFP....
Or really need to be careful with SL...
  • #15,038
  • Jul 2, 2008 12:25pm Jul 2, 2008 12:25pm
Quoting johnbaem
Im most likely will close all my positions before NFP....
Or really need to be careful with SL...
Normally NFP on Friday eh
  • #15,039
  • Jul 2, 2008 12:29pm Jul 2, 2008 12:29pm
All Day USD http://www.forexfactory.com/images/m...ct_holiday.gif Holiday: Independence Day

That's why... USA on Holiday on Friday 4th July. Interesting
  • #15,040
  • Jul 2, 2008 12:33pm Jul 2, 2008 12:33pm
so many major news tomorrow.... geezzzz..
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