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Help needed in OANDA + users from Malaysia 105 replies

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  • #15,721
  • Jul 17, 2008 1:36pm Jul 17, 2008 1:36pm
Quoting Malaysia
Dream came true

Now I got to sleep... and having a sweet dream. Good Night

glad u stuck to yur guns....im in riding this down i suspect 1.98 area to get out for me ..we definately confirmed the bearish candle on dailly now ..welldone bro
  • #15,722
  • Jul 17, 2008 1:43pm Jul 17, 2008 1:43pm
Quoting johnbaem
Hiargh!!!! finally hit my tp around 9960 for 70pips!!! today is a very tricky battle but emotional control is getting better..

My PO hit quite good around 61.8 fibo from last low at 2.0030 and after tricky move when GU heading up until 50 and try to reach 38.2 level, they manage to get to suppose direction and perhaps daily candle today will confirm the bear move..

time to watch movie!!!
On the DAILY chart... I will go for option 2 if today CS close as bearish CS. Then review the situation and PA for either option 3 or 4. More likely option 4... DJI seems getting back into the BULL territory. OIL also dropping tremendously.

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  • #15,723
  • Jul 17, 2008 1:53pm Jul 17, 2008 1:53pm
What a gift????
I just back for some work outside...when i open my laptop.....
wooooooowww...alhamdulillah...praise be to Allah by His giving.. this is the first time i got huge profit....Hope i can control my money management properly after this.. i`m going to sleep wif smile...alhamdulillah...





p/s : jakun nyer aku...hehehe
  • #15,724
  • Jul 17, 2008 2:07pm Jul 17, 2008 2:07pm
BULLETIN: Crude closes below $130 a barrel for the first time since June 5
7/17/2008 3:00:10 PM EDT
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  • #15,725
  • Jul 17, 2008 2:25pm Jul 17, 2008 2:25pm
Quoting Malaysia
BULLETIN: Crude closes below $130 a barrel for the first time since June 5
7/17/2008 3:00:10 PM EDT
i smell $ comeback ...
  • #15,726
  • Jul 17, 2008 2:28pm Jul 17, 2008 2:28pm
Quoting Malaysia
If I only trade what I see... I would had took heavy losses from my multiple SHORTs on CABLE and Started going LONG.

But I didn't... I traded what I think.... and it just saved me and profiting for me.

I Think... I See... I Think again... then I Trade. Variables Change... I rethink and review.

People say... Trade what you see.. not what you think. Not for me. I got to think and see before I make the trade. This is just me and my style. Mainly... Not suitable for others.
agree with u bro...cayok2
  • #15,727
  • Jul 17, 2008 2:33pm Jul 17, 2008 2:33pm
Quoting tma_21
agree with u bro...cayok2
i find the same thing ..u have to trade what u think because to me theres a lot of traps to take out the inexperiencied trader.

i think if u trade this way then thats the reason u have conviction which is needed to see the trade through, if u dont trust yourself u constantly will second guess and lose ..welldone bro
this is your strength!!!!
pips were not easy today and well deserved
  • #15,728
  • Jul 17, 2008 3:16pm Jul 17, 2008 3:16pm
[quote=nAVIN2007;2115429]i find the same thing ..u have to trade what u think because to me theres a lot of traps to take out the inexperiencied trader.

i think if u trade this way then thats the reason u have conviction which is needed to see the trade through, if u dont trust yourself u constantly will second guess and lose ..welldone bro
this is your strength!!!!

only SEE not THINK =
only THINK not SEE = <--not cool but blind
SEE and then THINK =
  • #15,729
  • Jul 17, 2008 3:59pm Jul 17, 2008 3:59pm
Write Down of $9.7 Billion by Merrill Lynch just been announced (after NYSE closed)

Market is so sensitive nowadays. One of Variables changed... everything else changing.

My remaining SHORT on CABLE hit SL on the green. Luckily I'd placed SL on the green earlier.

Variable changed >>> reThink >>> Review. Hurmm FRIDAY is coming.

  • #15,730
  • Jul 17, 2008 4:14pm Jul 17, 2008 4:14pm
Quoting Malaysia
Write Down of $9.7 Billion by Merrill Lynch just been announced (after NYSE closed)

Market is so sensitive nowadays. One of Variables changed... everything else changing.

My remaining SHORT on CABLE hit SL on the green. Luckily I'd placed SL on the green earlier.

Variable changed >>> reThink >>> Review. Hurmm FRIDAY is coming.

Quote
Merrill Lynch Posts Fourth Straight Quarterly Loss (Update1)
By Josh Fineman and Bradley Keoun


July 17 (Bloomberg) -- Merrill Lynch & Co., the third- biggest U.S. securities firm, reported a fourth straight quarterly loss that was wider than analysts estimated as the firm compounded its credit-market writedowns.
The second-quarter net loss of $4.65 billion, or $4.97 a share, compared with earnings of $2.14 billion, or $2.24, a year earlier, Merrill said in a statement. Analysts' estimates ranged from a loss of 93 cents to a loss of $4.21 a share, according to a survey by Bloomberg.
Chief Executive Officer John Thain is selling assets and cut about 4,200 jobs in the first half of the year to stem record losses and a 43 percent drop in Merrill's share price during the past 12 months. The New York-based company announced $9.7 billion of writedowns today; analysts at Citigroup Inc., Oppenheimer & Co. and Wachovia Corp. had predicted the company would book charges of at least $5 billion....



.... continued....

http://www.bloomberg.com/apps/news?p...0Tw&refer=home

Wild ride huh... not an easy trade. More WHIPSAW on the markets!!! I wonder how DJI will react tomorrow More Likely... option number 2.
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  • #15,731
  • Jul 17, 2008 4:15pm Jul 17, 2008 4:15pm
Quoting Malaysia
Write Down of $9.7 Billion by Merrill Lynch just been announced (after NYSE closed)
Just digging in the trenches like everyone else!
  • #15,732
  • Jul 17, 2008 4:18pm Jul 17, 2008 4:18pm
Quoting Malaysia
On the DAILY chart... I will go for option 2 if today CS close as bearish CS. Then review the situation and PA for either option 3 or 4. More likely option 4... DJI seems getting back into the BULL territory. OIL also dropping tremendously.

Reviewing the situation... with changing variable. More likely today CS gonna close as BULLISH CS... not bearish as expected.

Hence, option no 1 on the daily CABLE chart looks more promising. Have to be very careful as well with FRIDAY market psychology.

Subjected to change from time to time depending on the VARIABLES.

T.A.Y.O.R.
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  • #15,733
  • Jul 17, 2008 4:28pm Jul 17, 2008 4:28pm
Still looking opportunity to sell dollar. Let's see how it is coming out on Friday.
  • #15,734
  • Jul 17, 2008 4:43pm Jul 17, 2008 4:43pm
Hi Folks..........
how are you all? Will you short USD/CHF or USD/YEN I decided to go with a small short of USD/CHF............any comments people?
Thank you
BANDA333
  • #15,735
  • Jul 17, 2008 10:39pm Jul 17, 2008 10:39pm
Quoting Malaysia
Touching RBS... Closing some of my multiple SHORTs. Leaving one floating for possible BREAKOUT.
Good Morning guys

I just woke up. Sleep really late last night. Urghhh... more whipsaw action!!!

Cable Bear touched that RBS area again... Took my LONG. H4... Daily... Weekly charts UP TL still valid.

T.A.Y.O.R.
  • #15,736
  • Jul 17, 2008 10:44pm Jul 17, 2008 10:44pm
Afternoon,

DOnt forget friday prayer people, bdw. earlier i had entry at 2.0007 and closed for 30 pips about few minutes ago. Ive seen price incapable to break 9965 level twice and now to rebounce.. well lets see if it was a strong rebounce and incapability to break previous high, chances to see another low for today..
  • #15,737
  • Jul 17, 2008 10:46pm Jul 17, 2008 10:46pm
Quoting BANDA
Hi Folks..........
how are you all? Will you short USD/CHF or USD/YEN I decided to go with a small short of USD/CHF............any comments people?
Thank you
Hurmmm... Thinking of doing so as well. Looks good to SHORT UJ, GJ, EJ, UsdChf....

Depending on how OIL, GOLD and Equity market reacting later. I am very curious and can't wait to see how DJI perform later. See the Chart on the link below. If Option 2 is taken.... wow weee... all carry trade (Jpy Pairs) will start UNWINDING again.

T.A.Y.O.R!!!

Quoting Malaysia
Wild ride huh... not an easy trade. More WHIPSAW on the markets!!! I wonder how DJI will react tomorrow More Likely... option number 2.
  • #15,738
  • Jul 17, 2008 10:53pm Jul 17, 2008 10:53pm
Cable at 9950 is a very good support.. Lets see if its hold while price is testing 61.8 and 50 range at M30..

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  • #15,739
  • Jul 17, 2008 10:58pm Jul 17, 2008 10:58pm
Quoting Malaysia
Reviewing the situation... with changing variable. More likely today CS gonna close as BULLISH CS... not bearish as expected.

Hence, option no 1 on the daily CABLE chart looks more promising. Have to be very careful as well with FRIDAY market psychology.

Subjected to change from time to time depending on the VARIABLES.

T.A.Y.O.R.
I am still with OPTION no 1. Although yesterday CS closed as Bearish CS... not Enough STRENGTH for good signal to SHORT. It closed above 23.6% Fibbo and didn't penetrate the UP TL yet on the Daily Chart.

I'll change my decision IF Cable bear dive lower than the RBS area I mentioned earlier and breaking H4 and D1 Up TL. Hence my LONG SL will be hit and I'll go SHORT.

As for now... I am with the BULL. Tuesday HIGH might be tested if yesterday High is broken.

T.A.Y.O.R.
  • #15,740
  • Jul 17, 2008 11:08pm Jul 17, 2008 11:08pm
Fibre just penetrate the Daily Pivot. Took my LONG with SL below yesterday LOW.

T.A.Y.O.R.
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