Malaysia

Quoting Malaysia

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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

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Quoting arinforex

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Me long eu tomorrow.

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Quoting Malaysia

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Here is the scenario tomorrow. Just my prediction not recommendation. For EU... highly expected HAWKISH and hiking IR. Tomorrow Euro News will cause Fiber to pricing in meaning Bullish and might go up higher during the News release. The thing is... how HIGH it can go? What happen if everything already PRICED IN?

What happen if ECB suddenly change their mind and decided to hold IR the same?... that is another story. Possibility is there since the culprit of high INFLATION not because of booming economy situation but rather the high cost of OIL.

However, after that... NFP will be announced. If GOOD NFP... wow weee... I can see the GIGANTIC WHIPSAW already whereby Fiber will FREE FALL with the surprising GOOD NFP. If BAD NFP... Fiber will continue the journey up depending on how much it has been PRICING IN.

For CABLE... I am still CLUELESS. Bias a bit on the BEAR for CABLE since I don't see yet UK Economy is doing OK. As long as CABLE below the psychological Resistance at 2.0000... the bear still having influence. Above that... another story.

Anyone else wanna share scenario possibility for tomorrow? Big Day!!!

Trade At Your Own Risk.

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Quoting AmeriTrini

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From a technical standpoint Malaysia, if the cable does not go higher than the previous high which is 1.9972 then I will look to go short. However, if it crosses 1.9972, I would look for it to retrace to that point and then initiate a long position. As I type I am looking for lower highs and lower lows or higher highs and higher lows on any of the charts to spot a resumption or a change in the trend.

Just my opinion, I will be trading with you!!

Jamie.

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Quoting Malaysia

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Thank you for bringing up the HiLo strategy. I can see CABLE starts making Lower High and Lower Low on H1 today. Meaning The BEAR might take over the control and it's good to short if this movement up is making a Lower High ... for the LOWER LOW.

On the other hand... like you said... If CABLE bull manage to go up HIGHER than the last HIGHEST Peak which was yesterday... then it should be good to wait for the retracement to BUY FROM DIP for the HIGHER HIGH.

The tricky part here is... CABLE is actually still RANGING between Friday's LOW and Yesterday's HIGH. Stuck between this band. Tomorrow NEWS will for sure make CABLE break away from this RANGE.

p/s: As I am typing this... OIL just rocketing UP and making a new record HIGH!!!

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Quoting AmeriTrini

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BREAKOUT!! on the horizon for sure buddy!!........be ready......

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Quoting Malaysia

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I am not ready yet It's 3am here... better go to sleep 1st and get a good rest for tomorrow battle. BIG DAY!!! BIG MOVEMENT EXPECTED!!! Hopefully no breakout while I am sleeping

Good night buddy

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Quote

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Bear market

A bear market is described as being accompanied by widespread pessimism. Investors anticipating further losses are motivated to sell, with negative sentiment feeding on itself in a vicious circle. The most famous bear market in history was after the Wall Street Crash of 1929 and lasted from 1930 to 1932, marking the start of the Great Depression.[5] A milder, low-level long-term bear market occurred from about 1973 to 1982, encompassing the stagflation economy, energy crises in the 1970s, and high unemployment in the early 1980s.
Prices fluctuate constantly on the open market; a bear market is not a simple decline, but a substantial drop in the prices of a range of issues over a defined period of time. According to The Vanguard Group, "While there’s no agreed-upon definition of a bear market, one generally accepted measure is a price decline of 20% or more over at least a two-month period."[6] However, no consensual definition of a bear market exists to clearly differentiate a primary market trend from a secondary market trend.
Investors frequently confuse bear markets with corrections. Corrections are much shorter lived, whereas bear markets occur over a longer period with typically greater magnitudes of loss from top to bottom.

Source: Wikipedia

Quoting Malaysia

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Thank you for bringing up the HiLo strategy. I can see CABLE starts making Lower High and Lower Low on H1 today. Meaning The BEAR might take over the control and it's good to short if this movement up is making a Lower High ... for the LOWER LOW.

On the other hand... like you said... If CABLE bull manage to go up HIGHER than the last HIGHEST Peak which was yesterday... then it should be good to wait for the retracement to BUY FROM DIP for the HIGHER HIGH.

The tricky part here is... CABLE is actually still RANGING between Friday's LOW and Yesterday's HIGH. Stuck between this band. Tomorrow NEWS will for sure make CABLE break away from this RANGE.

p/s: As I am typing this... OIL just rocketing UP and making a new record HIGH!!!

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Quoting Jebatfx

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p/s : Untuk pengetahuan semua, allahyarhamah Maslinda Ismail iaitu isteri kepada Saudara Naseer (kuasaforex) baru saja pulang ke rahmatullah pada jam 11.30 malam tadi kerana sesak nafas. Marilah kita semua memanjatkan doa dan sedekah al-fatihah kepada allahyarhamah semoga roh beliau dicucuri rahmat dan di golongkan ke dalam orang-orang yang beriman dan soleh, al-fatihah.....amin.

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Quoting redbean

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Malaysian KLSE also fell into bear market! maybe a lot of foreign investor sold their shares.

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Quoting Malaysia

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Noticed that CABLE did made a LOWER HIGH early in the morning here... I took that SHORT with very tight SL. Continued my sleep... when I woke up now... my SHORT already on the GREEN Moved down my SL to 1pip on the green already. Expecting a LOWER LOW... technically.

Fundamentally... can't tell... so many important news today!!!

T.A.Y.O.R.

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