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Help needed in OANDA + users from Malaysia 105 replies

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  • #16,161
  • Jul 24, 2008 10:14pm Jul 24, 2008 10:14pm
Quoting winston
pick some small cherries...
stopped... but gave me 20p. Nice.

Here's a method I employ for scalping...

1. Entry on pullback.
2. SL on prev swing. Calculate your risk.
3. Target swing high/low or S/R.
4. If price moves on your way by 20+, take half the lot and move to B/E.
5. The rest let it run to reach your target...

How about you? Care to share?

Let's get more interactive when market is in sleepy mode...
  • #16,162
  • Jul 24, 2008 10:20pm Jul 24, 2008 10:20pm
Look at this nice pullbacks.. Ain't they cool? Yeah!!
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  • #16,163
  • Jul 24, 2008 10:29pm Jul 24, 2008 10:29pm
Hi guys,

sorry to butt in, again im being off topic....but i really need some help.

I've tried to do some searching on the internet but i seem to be getting unreliable information.

I have a few qns on land purchase in msia. Interested in buying land in Cameron, Brinchang area.

If anyone of you can help, please advise,

1. Who do i look for help, real estate agent?
2. How do i get the valuation? If any of you knows how much 1 hectare costs there, i would be very thankful.
3. How do i know if its state own or owned by someone else?
4. What are the procedures and clauses of purchase?

many thanks & deepest regards
jest
  • #16,164
  • Jul 24, 2008 10:51pm Jul 24, 2008 10:51pm
jest, this is all that i can find,

you may ask the district and land office of cameron highland at this number,

05-490 1700

hope this helps.
  • #16,165
  • Jul 24, 2008 11:30pm Jul 24, 2008 11:30pm
Quoting jest1081
Hi guys,

sorry to butt in, again im being off topic....but i really need some help.

I've tried to do some searching on the internet but i seem to be getting unreliable information.

I have a few qns on land purchase in msia. Interested in buying land in Cameron, Brinchang area.

If anyone of you can help, please advise,

1. Who do i look for help, real estate agent?
Don't go to them just yet,..they will stick to you like leeches.

2. How do i get the valuation? If any of you knows how much 1 hectare
costs there, i would be very thankful.
I cannot answer that question,.. that one u have to refer to
property evaluator.

3. How do i know if its state own or owned by someone else?
All you do is get the lot number and do search on the tittle 'carian hakmilik' at Land & district Office (Pejabat Tanah & Daerah) cost u about +/- RM60 per search. (the name & address of the owner will appear on the search and if there is any caveat on that particular land)
state land or federal land don't have any ownership paper (it already cover under national constitution act.)

4. What are the procedures and clauses of purchase?
here is the summary
Foreigner or non-citizens wishing to invest or buy properties in Malaysia have to refer to the Foreign Investment Committee (FIC), which is a section of the Economic Planning Unit (EPU) of the Prime Minister's Department. The official Foreign Investment Committee webpage features guideline on the acquisition of properties by local and foreign interests; guidelines on the acquisition of interests, mergers and take-overs by local and foreign interests; Bumiputera controlled public listed companies; members of the FIC; computation on company's effective equity; application form for the acquisition of residential unit, commercial unit and industrial property by foreign interests; application form for the acquisition of interests, mergers and take-over by local and foreign interests; and appeal form.

here is the link : http://www.epu.jpm.my/New%20Folder/f...tCommittee.htm

many thanks & deepest regards
jest
my personal advice,.. before you start engage any broker,.. please do this first.

rule no.1

visit surveyor office (Jabatan Ukur & Pemetaan Malaysia-JUPEM).
a) buy C.P (certified plan) of brinchang area (wont cost much)
b) pin point exact preferable area on the plan and look for the lot number on that plan

rule no.2
a) pick up that lot number do searching at land office to check on land status and owner data,. then you have two option:-

a) contact directly to the owner
b) use broker service or directly to lawyer (this quite good because they will do the negotiating and if pass through documentation straight away, no need to find lawyer anymore)
"A smooth sea never made a skilled mariner"
  • #16,166
  • Jul 24, 2008 11:42pm Jul 24, 2008 11:42pm
AWIE & sorsurus

thanks guys, i will do as told.

AWIE as usual ur a great help!

regards
jest
  • #16,167
  • Jul 24, 2008 11:50pm Jul 24, 2008 11:50pm
The sequence:

Quoting Malaysia
Anyone LONG?
Quoting Malaysia
Hopefully this hourly CS will confirming the previous CS as HAMMER and Morning Star ... If not... My SL is waiting below today's LOW.
T.A.Y.O.R.
Quoting Malaysia
Just a tiny pips away to touch my LONG SL ... then it bounce back a bit. Will this LONG survive?
Quoting Malaysia
Luck is not the factor... it's all how we perceived the market by our own analysis and observation than take action on it... that's what matter.

Wrong judgement happen from time to time... then... it's all how we handle the mistakes and deal with the wrong side situation ... gonna determine how much we lose or survive the situation.

I don't believe in LUCK... I believe in Hard Work and GOD's will.
Quoting Malaysia
10:00am USD http://www.forexfactory.com/images/m...mpact_high.gif Existing Home Sales ??? 4.93M 4.99M

I don't think "The Worst is behind us" yet I could be wrong and pay for the price of speculating.
Quoting Malaysia
10:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif Existing Home Sales 4.86M 4.93M 4.99M

So... it's true then "The Worst is not behind US yet". The fundamental fact already on the field... it's now how the mass PERCEIVED the data gonna determine the market direction. I already took action prior to the News.
Quoting Malaysia
DJI plunging down... Oil and Gold still INDECISIVE.
Quoting Malaysia
Looking good 50% Retracement should be good to TP.

T.A.Y.O.R.
Quoting Malaysia
LONG added... SL revised below 161.8% Fibbo extension which is also below 1.9800 psychological Support. I might TP all if the top Buy get BE and call off the day.

Do not follow my CRAZY move... I can take heavy loses since my overall profit for this week still can cover it.
Quoting Malaysia
Looking at M15 chart... because I am considering myself in the scalping mode now... the STOCH start to curve up.

NORMALLY... When Price reach support line and the STOCH also at the bottom... the bear need to take a rest first... meaning... shoot up a bit in order to break that support... as right now... not enough momentum to go lower.

That is NORMALLY... sometimes Market can act ABNORMAL as it wish.
Before I slept last night... I Revised SL and placed TP. Out of 4 multiples LONGs... 3 already reached TP. Still got 1 LONG floating with SL on the green and TP targeting the CHANNEL RESISTANCE Which is just right below the Weekly Pivot and also at Daily R1.
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  • #16,168
  • Jul 24, 2008 11:53pm Jul 24, 2008 11:53pm
Quoting Malaysia
Why you guys so quiet tonight? Maybe many already called off the day after the FAT PROFIT from SHORTING CABLE earlier on.

Tell you what... no trade from me tomorrow if all of my multiple LONGs successfully closed on the GREEN on CABLE. Calling off the weekend early.

Quoting jdhj1
you earned vacation
Calling off the weekend early.
  • #16,169
  • Jul 24, 2008 11:58pm Jul 24, 2008 11:58pm
Tell me? Was that CRAZY Multiple Longs secured on the green because of LUCKY shot or Strategic shot?
  • #16,170
  • Jul 25, 2008 12:00am Jul 25, 2008 12:00am
Quoting Malaysia
Welcome back my neighbour,
 [Sometimes it's good to take a rest or vacation from trading... come back with fresh and clear mind. Which remind me... I need a vacation soon.
Quoting Malaysia
Why you guys so quiet tonight? Maybe many already called off the day after the FAT PROFIT from SHORTING CABLE earlier on.

Tell you what... no trade from me tomorrow if all of my multiple LONGs successfully closed on the GREEN on CABLE. Calling off the weekend early.

I thought you already in langkawi, fishing or boating,..
"A smooth sea never made a skilled mariner"
  • #16,171
  • Jul 25, 2008 1:34am Jul 25, 2008 1:34am
hellooo traders.....anybody short?
  • #16,172
  • Jul 25, 2008 1:42am Jul 25, 2008 1:42am
Quoting awol
hellooo traders.....anybody short?
short what? cable?
  • #16,173
  • Jul 25, 2008 1:48am Jul 25, 2008 1:48am
Quoting sorsurus
short what? cable?
yes bro
  • #16,174
  • Jul 25, 2008 2:03am Jul 25, 2008 2:03am
Anybody in trade already?
  • #16,175
  • Jul 25, 2008 2:09am Jul 25, 2008 2:09am
Quoting master_zul
Anybody in trade already?
i think many of us in trade already master_zul that is if you're referring to GU.
"A smooth sea never made a skilled mariner"
  • #16,176
  • Jul 25, 2008 2:11am Jul 25, 2008 2:11am
Quoting master_zul
Anybody in trade already?
already short at 1.9865
  • #16,177
  • Jul 25, 2008 2:11am Jul 25, 2008 2:11am
Quoting awol
yes bro
Looking at cable in more distance.. 4H. Decide their whether you want to go long or short... sometimes, i would risk the other way but it all depends on your plan...
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  • #16,178
  • Jul 25, 2008 2:14am Jul 25, 2008 2:14am
sham, please come back!!!! i know you're watching as guest. No life & excitement at all here,... now i know how it feels like to be full time trader.
really lonely,...
"A smooth sea never made a skilled mariner"
  • #16,179
  • Jul 25, 2008 2:16am Jul 25, 2008 2:16am
still holding long from yesterday @9823 @9866 @9874
  • #16,180
  • Jul 25, 2008 2:18am Jul 25, 2008 2:18am
Quoting AWIE
sham, please come back!!!! i know you're watching as guest. No life & excitement at all here,... now i know how it feels like to be full time trader.
really lonely,...
Hohohoho!!! It's Friday!! Sham must have met his quota for the week!! Tons of pips, baby!!

As for me, Kopi time!! See you guys, next week..
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