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Help needed in OANDA + users from Malaysia 105 replies

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  • #15,401
  • Jul 11, 2008 3:04am Jul 11, 2008 3:04am

Friday, Crude prices soared almost by $5 a barrel due to threats to production in Nigeria and Brazil.

The additional missile tests by Iran also impacted the prices. Crude is trading at $141.71 a barrel in the after hours access trading. Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights
  • #15,402
  • Jul 11, 2008 3:26am Jul 11, 2008 3:26am
Quoting manfx

Friday, Crude prices soared almost by $5 a barrel due to threats to production in Nigeria and Brazil.

The additional missile tests by Iran also impacted the prices. Crude is trading at $141.71 a barrel in the after hours access trading. Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights
Huhuhu watched that news... so many missiles being tested. Psychological war is being play right now.

OIL keep on climbing since the market opened at 2:15pm Malaysia Time. Right now testing the RESISTANCE Area. Might drop down a bit for a retracement... or ... just keep on Rocketing UP like those Iranian missiles.

If only OIL don't shoot up... my short on Cable and Fibre could have already profiting a lot.


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  • #15,403
  • Jul 11, 2008 5:27am Jul 11, 2008 5:27am
Oil and Gold update.

Oil broke that 1st resistance and keep on climbing towards the last record High as 2nd resistance.

Gold also crawling up... and now stuck at the Channel Resistance.
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  • #15,404
  • Jul 11, 2008 5:36am Jul 11, 2008 5:36am
As Gold seems wanting to Top Up at the Channel Resistance... I see Fibre also reaching last Channel SBR line. Instead of taking loss manually after the bull broke the FLAG formation... I added another SHORT.

Very bad strategy of adding more to loosing positions. It's Friday and I am Crazy. No Guts No Glory.

Don't follow me!!! I got lots of profit for this week to put at risk. I'll take out loss manually if this whole week profit depleted more than 50%. Right now... overall still OK.

T.A.Y.O.R.
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  • #15,405
  • Jul 11, 2008 5:44am Jul 11, 2008 5:44am
Fibre surging up and broke the FLAG but failed to pull Cable with it. Not many keen enough to Long Cable it seems... if the mass bias on the LONG... Cable should had penetrate the RANGE already following Fibre... but it didn't. Hurmmmm

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  • #15,406
  • Jul 11, 2008 6:11am Jul 11, 2008 6:11am
Quoting Malaysia
As Gold seems wanting to Top Up at the Channel Resistance... I see Fibre also reaching last Channel SBR line. Instead of taking loss manually after the bull broke the FLAG formation... I added another SHORT.

Very bad strategy of adding more to loosing positions. It's Friday and I am Crazy. No Guts No Glory.

Don't follow me!!! I got lots of profit for this week to put at risk. I'll take out loss manually if this whole week profit depleted more than 50%. Right now... overall still OK.

T.A.Y.O.R.
Another SHORT added for Fibre after seeing the possible SHOOTING STAR CS on H1.

Final Warning: Do Not Follow me!!! I got enough capital to sustain the drawback.
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  • #15,407
  • Jul 11, 2008 6:16am Jul 11, 2008 6:16am
Oil seems reacting to the final RESISTANCE. A drop for correction/retracement could strengthening the Greenback and should be good for my SHORT positions on Cable and Fibre.
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  • #15,408
  • Jul 11, 2008 6:20am Jul 11, 2008 6:20am
Gold is playing well with the Channel Resistance right now. Good boy!!! Now drop some more please

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  • #15,409
  • Jul 11, 2008 6:37am Jul 11, 2008 6:37am
The Looney reaction towards the NEWS... too late to react now.

7:00pm CAD http://www.forexfactory.com/images/m...mpact_high.gif Employment Change -5.0K 10.0K 8.4K
7:00pm CAD http://www.forexfactory.com/images/m...mpact_high.gif Unemployment Rate 6.2% 6.1% 6.1%

They are in trouble after BOC HIKED the IR with the worrying uncertainty of economic growth. Was it a wrong move to HIKE the IR with Inflation but no economic growth? US, UK, Euro didn't dare to hike... just kept the IR the same. We can see Canada as a good example for its Economic plan. Perhaps... too early to conclude anything. For now... UNEMPLOYMENT is rising there. The price they've got to pay if they made a wrong move. Anyway, they've got large OIL reserve... not too worry much.
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  • #15,410
  • Jul 11, 2008 6:38am Jul 11, 2008 6:38am
Hayya'alal Solah... Hayya'alal Falah!!!

  • #15,411
  • Jul 11, 2008 7:20am Jul 11, 2008 7:20am
Quoting winston
not my pair but curious if price will crack the blue line....
Haa!!! not bad Jack!! Show us the kungfu slice move!
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  • #15,412
  • Jul 11, 2008 7:45am Jul 11, 2008 7:45am
Quoting winston
Haa!!! not bad Jack!! Show us the kungfu slice move!

nice picture bro
  • #15,413
  • Jul 11, 2008 8:14am Jul 11, 2008 8:14am
just went way down why?

here is the chart
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  • #15,414
  • Jul 11, 2008 8:30am Jul 11, 2008 8:30am
Quoting winston
Haa!!! not bad Jack!! Show us the kungfu slice move!
Let's see if we can knock this down at 105, Jack!
  • #15,415
  • Jul 11, 2008 8:32am Jul 11, 2008 8:32am
Breakout!!! USD in a deep $#@%!!!
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  • #15,416
  • Jul 11, 2008 8:37am Jul 11, 2008 8:37am
Took a wrong move. Suffered a big loss... missed the big opportunity... 50% profit wiped out!!! Now I am crying like a baby Oh well... just can't win them all. There's always next week.

I think I am done for this week. To SHORT for retracement... too dangerous. To LONG... might be too late already. Staying out when in doubt.

See you guys next week
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  • #15,417
  • Jul 11, 2008 8:49am Jul 11, 2008 8:49am
Bear Market One thing I don't like from all of today markets movement.... OIL becoming more expensive!!!

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  • #15,418
  • Jul 11, 2008 8:59am Jul 11, 2008 8:59am
Quoting Malaysia
Took a wrong move. Suffered a big loss... missed the big opportunity... 50% profit wiped out!!! Now I am crying like a baby Oh well... just can't win them all. There's always next week.

I think I am done for this week. To SHORT for retracement... too dangerous. To LONG... might be too late already. Staying out when in doubt.

See you guys next week
Sorry to hear bro!!!I managed to catch the train on GU......Now might to take the profit manually.....
  • #15,419
  • Jul 11, 2008 9:08am Jul 11, 2008 9:08am
Quoting wakli
Sorry to hear bro!!!I managed to catch the train on GU......Now might to take the profit manually.....
GU short at 1.9926.. TP 1.9916.. very tight...should down a bit.. GU weekly trend is UP.

Sham, what do you think for next week ?
  • #15,420
  • Jul 11, 2008 9:13am Jul 11, 2008 9:13am
Quoting John Lo
GU short at 1.9926.. TP 1.9916.. very tight...should down a bit.. GU weekly trend is UP.

Sham, what do you think for next week ?

DONE !. Trend still weak down...
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