Seems nice trendline....Long is the better option for that but better wait for bounce conformation or long with tight sl.....IMHO....
- #18,002
- Aug 27, 2008 4:34am Aug 27, 2008 4:34am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
- #18,005
- Aug 27, 2008 4:56am Aug 27, 2008 4:56am
My strategy is to buy EU and GU right at hourly tline and SL below it 30 pips. USD news tonite may move the price. Furthermore the price increase in Oil can inject more fundamental reason to weaken the USD.
- #18,007
- Aug 27, 2008 5:05am Aug 27, 2008 5:05am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #18,009
- Aug 27, 2008 5:20am Aug 27, 2008 5:20am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
selling time...
As i said earlier, price is way upper DPP and theres room for it to pick up.. watch the channel in here..
- #18,010
- Aug 27, 2008 5:26am Aug 27, 2008 5:26am
wakli,
we newbies need people like u n johbuem to post more analysis here. since master sham not around, Malaysia is in anarchy state. regards. tq.
I'm a part time trader actually....But I might be wrong as well in my analysis....There are a lot more members that are better than me such as jebat,johnbaem,awie,sham etc....Actually i'm learning a lot from them as well...If I have anything to share, I will share it with you all....Hopefully you'll do the same.....With that, "You'll Never Walk Alone"!!!
- #18,011
- Aug 27, 2008 5:29am Aug 27, 2008 5:29am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
Don't worry I'm very happy to share my thought if I'm free....
Tonight battle to enter 1st stage of Euro Champ bro! After we had a good start in EPL! Voila!
- #18,012
- Aug 27, 2008 5:29am Aug 27, 2008 5:29am
Its way contradict with market bro..
Just remember, we are just a follower so just follow the market direction....
- #18,014
- Aug 27, 2008 5:33am Aug 27, 2008 5:33am
hi guys ,
i know i in newbie mode now since most of what you are saying in the short text is unknown to me.
what is all this means:
- PA movement
-IMHO
-SFB
i will let you know as i pick it up. can some one translate it to me..
sorry guys if this slow you down.
i know i in newbie mode now since most of what you are saying in the short text is unknown to me.
what is all this means:
- PA movement
-IMHO
-SFB
i will let you know as i pick it up. can some one translate it to me..
sorry guys if this slow you down.
- #18,015
- Aug 27, 2008 5:34am Aug 27, 2008 5:34am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
Yup it's buying time actually.....
- #18,016
- Aug 27, 2008 5:41am Aug 27, 2008 5:41am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
hi guys ,
i know i in newbie mode now since most of what you are saying in the short text is unknown to me.
what is all this means:
- PA movement
-IMHO
-SFB
i will let you know as i pick it up. can some one translate it to me..
sorry guys if this slow you down.
PA - Price Action movement. It determines any factor that possible to change the way market psychology on that current situation.
IMHO - In My Humble Opinion. Shown how Malaysian is really humble in giving their taught in certain inputs. :d
SFB - Sell From Bounce. It happened when price reject to go higher. That retracement is chance for traders to place another order. It has pair which is BFD - Buy From Dip. The explanation is vice versa from the previous.
- #18,017
- Aug 27, 2008 6:28am Aug 27, 2008 6:28am
- | Joined Jun 2008 | Status: [email protected] | 222 Posts
apies, are u tahfiz eh?
i just arrive at jb few hours before...i`m preparing for terawikh here... only left for me a few days for ramadhan..so, i cannot concentrate 100% for trading next month.... today, i was traveling by bus..no chance to trade and watch the market movement... maybe tonite i`ll try to enter when there is an opportunity...
P/S: seems like going down maybe....hmm i just waiting for SFB if there is a chance...
TAYOR
- #18,018
- Aug 27, 2008 7:20am Aug 27, 2008 7:20am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #18,020
- Aug 27, 2008 9:04am Aug 27, 2008 9:04am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
I'm very sad! USD become stronger.... i'm just losing my USD200 profit... because i'm stuck in a massive jam.....uwaaaaaaaaaaa!!!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!