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Help needed in OANDA + users from Malaysia 105 replies

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  • #17,401
  • Aug 12, 2008 7:45am Aug 12, 2008 7:45am
That Monthly UP TL still holding but looks fragile. Just for the record... somewhere around the year 1992... monthly vertical down Free Fall non stop... 5000 pips plus!!! Anything possible in Forex.
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  • #17,402
  • Aug 12, 2008 7:49am Aug 12, 2008 7:49am
Earlier on... market react opposite way to UK News... now opposite way to US News. Fishy fishy... handle your trade with care.

4:30am GBP http://www.forexfactory.com/images/m...mpact_high.gif CPI y/y 4.4% 4.1% 3.8%

8:30am USD http://www.forexfactory.com/images/m...mpact_high.gif Trade Balance -56.8B -61.8B -59.2B
  • #17,403
  • Aug 12, 2008 7:54am Aug 12, 2008 7:54am
You are rite...anything possible in forex....to me GU should retrace at least to fibo 38.2 (1.9414) or 50.0 (1.9556) before continue south journey....but I think retracement to fibo 50.0 very hard to reach at this moment unless good support from GBP news....it better to us to concerntrating and focus for SELL mode for GU, EU, NU and AU.

Quoting Malaysia
That Monthly UP TL still holding but looks fragile. Just for the record... somewhere around the year 1992... monthly vertical down Free Fall non stop... 5000 pips plus!!! Anything possible in Forex.
  • #17,404
  • Aug 12, 2008 7:57am Aug 12, 2008 7:57am
Quoting Malaysia
Earlier on... market react opposite way to UK News... now opposite way to US News. Fishy fishy... handle your trade with care.

4:30am GBP http://www.forexfactory.com/images/m...mpact_high.gif CPI y/y 4.4% 4.1% 3.8%

8:30am USD http://www.forexfactory.com/images/m...mpact_high.gif Trade Balance -56.8B -61.8B -59.2B
Yea . Luckily I closed my geppy short.Nothing to worry now.

At the moment I'm . I refuse to give my pip back to market.
Go figure.. Simplicity work
  • #17,405
  • Aug 12, 2008 8:00am Aug 12, 2008 8:00am
Let see how DJI gonna perform today and affecting the Market. NYSE Starting Bell in half an hour time.
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  • #17,406
  • Aug 12, 2008 8:00am Aug 12, 2008 8:00am
yea, now is bit scare to mention "buy"... shXt just drop insanely breaking support, support and support... just like Japanese invade from NorthChina till singapore, WW2...non stop
  • #17,407
  • Aug 12, 2008 8:11am Aug 12, 2008 8:11am
Actually i just wonder something, let say we just blindly place trade at 20MA and short/long for 15pips. At the end of month/year/life, will we earning hill of gold? i mean according the statistic...
  • #17,408
  • Aug 12, 2008 8:21am Aug 12, 2008 8:21am
EU halted at DPP which is around 50% Minor retracement. Brave enough to SFB here? With SL a few pips above 61.8% Fibbo.

T.A.Y.O.R.
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  • #17,409
  • Aug 12, 2008 9:12am Aug 12, 2008 9:12am
Please be noted that due to the further bearish continuation trend, the previous alt count in white and the proposed corrective abcde is already invalid. I'm still looking for a bullish retracement phase to complete subwave iv once subwave iii (yellow or magenta) is completed. But please careful since there is a good possibility the market will be in bullish reversal trend according to the alt count in white. A "double bottom" pattern would bolster this scenario. Good luck.
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  • #17,410
  • Aug 12, 2008 10:05am Aug 12, 2008 10:05am
Quoting Malaysia
EU halted at DPP which is around 50% Minor retracement. Brave enough to SFB here? With SL a few pips above 61.8% Fibbo.

T.A.Y.O.R.

Really nice price to place short sir....i just made it..
  • #17,411
  • Aug 12, 2008 11:42am Aug 12, 2008 11:42am
Quoting blackhand
Actually i just wonder something, let say we just blindly place trade at 20MA and short/long for 15pips. At the end of month/year/life, will we earning hill of gold? i mean according the statistic...
depends on what tf.
errr...actually dont really understand your explanation.
  • #17,412
  • Aug 12, 2008 1:49pm Aug 12, 2008 1:49pm
gud nite guys..have a nice pips
  • #17,413
  • Aug 12, 2008 9:04pm Aug 12, 2008 9:04pm
Until this moment, market still in strong bearish continuation either to complete subwave iii in white, yellow or magenta. Therefore please be extra careful if you are plan to make a bullish retracement entry. Advisable to wait a confirmation from BSTS 2 tf 4H for any retracement entry. But also be careful for any subwave iii extension scenario. Overall trend is Bearish, therefore please analyse your trading strategy and wait for a very good entry signal later. Good luck.
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  • #17,414
  • Aug 12, 2008 9:20pm Aug 12, 2008 9:20pm
good morning and sallam too,
short usdjpy with tp at 108.24,
anyone enjoying the green pips already....
at last i`ve found a holygrail........
  • #17,415
  • Aug 12, 2008 10:22pm Aug 12, 2008 10:22pm
Quoting zurin
good morning and sallam too,
short usdjpy with tp at 108.24,
anyone enjoying the green pips already....
Today I'm going to play with daily PB on EU. If it break yesterday high which is above today daily pivot, I'll go long. (I'm a fan of PB, Especially on higher TF).

I'm shorted UJ as well as it broke the daily IB.

Too scared to play with pound cross today. It goes very,very ,very deep already.
Go figure.. Simplicity work
  • #17,416
  • Aug 12, 2008 11:09pm Aug 12, 2008 11:09pm
Hi everyone...today we`ll see G/U n E/U make a retracement at morning session.... after that i prefer SFB as well...so, now lets sit n wait for the right timing to enter from bounce...T.A.Y.O.R...

P/S: is there anyone pressing Buy Button right now?
  • #17,417
  • Aug 12, 2008 11:18pm Aug 12, 2008 11:18pm
Quoting apies84
Hi everyone...today we`ll see G/U n E/U make a retracement at morning session.... after that i prefer SFB as well...so, now lets sit n wait for the right timing to enter from bounce...T.A.Y.O.R...
Good call.....Looking forward for SFB as well for GU...As for Fiber ,looking forward for a retracement today.....Happy trading to all....
  • #17,418
  • Aug 12, 2008 11:18pm Aug 12, 2008 11:18pm
Quoting apies84
Hi everyone...today we`ll see G/U n E/U make a retracement at morning session.... after that i prefer SFB as well...so, now lets sit n wait for the right timing to enter from bounce...T.A.Y.O.R...

P/S: is there anyone pressing Buy Button right now?
Are you warning everybody not to press the buy button?
Expected the unexpected
  • #17,419
  • Aug 12, 2008 11:28pm Aug 12, 2008 11:28pm
Quoting zurin
good morning and sallam too,
short usdjpy with tp at 108.24,
anyone enjoying the green pips already....
closed position already,
currently long eurjpy although against the trend,
toying with rsi 5 crossed 14.......
at last i`ve found a holygrail........
  • #17,420
  • Aug 12, 2008 11:31pm Aug 12, 2008 11:31pm
anyone can comment bout usdcad, need opinion here
is it still bullish or oredi lost energy to push up
i'm now afraid to open post bcos not sure where's the market will be going

some say oredi exhausted, but look into daily TF still long
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