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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #18,181
  • Sep 2, 2008 8:38pm Sep 2, 2008 8:38pm
Quoting Malaysia
SELL FROM BOUNCE triggered... looking at the chart... the 1st SFB Entry was at 50% Retracement... now at 61.8% Retracement... maybe...

Bad day for me... started up good but overall RED 1 acc got burned. Had to work hard for this acc to pump in deposit to that burned acc.


rilex sham, hehe u can do it maa....
john baem, rilex ar.....your horn sound is too loud ma hahaha.....
when oil become lower than 100, oil producing country (OPEC) will lower down their production to balance out between price, demand and supply. that how things work. demand and supply rules.....not a speculator.

the buble of strong USD become bigger and bigger day to day.
just wait when the EURO economy come brighter again, that time maybe 1.3, 1.2...then we hold it until 1.6 again...with big lot wahahahaha.......
asb hari tua.......

writing from onboard Atwood Hunter, trying to pull out oil from 800 m sea water level +2km down the earth...
bujal38.

- i just put sell order on GU and EU. TP 200, SL200 = MM1:1
no time to see the market.....this week, if the result from euro n gbp news is red, they are going down like hell......
  • #18,182
  • Sep 2, 2008 8:40pm Sep 2, 2008 8:40pm
Quoting AWIE
Salams to all,..

My first post in Ramadhan,..

Sorry to hear you burn one of your account sham,..but no worries, u r man full of wisdom and skill to reborn back the amount you loss.

so how is your vacation week?...superb i believe
Working hard now to cover that loss. Been doing GREAT today... so far.

Vacation... I was with my friend from Italy together with his family... tour around Malaysia. I became a tourist guide for a week Just a week... not enough to cover the whole Malaysia... we just covered the West Coast area from North to South. He and his family LOVE it... they'll come again next time for East Cost and Borneo.

Actually my friend is a lecturer at LCE, London... teaching Economic. You can guess... what kind of conversation I had for the whole week.

My Camera was accidentally dropped in the Waterfall pond at Telaga Tujuh. I am waiting for him to email me all the photos that he took from his camera. I'll attach it here.
  • #18,183
  • Sep 2, 2008 9:21pm Sep 2, 2008 9:21pm
salam to all muslem all around d world..
sorry bro...my english is broken..hopefully u guy can understand wat im writting...
anyway,"selamat menjalankan ibadah puasa"..im new at forex,so hopefully any1 can teach me d way successfull trading...
  • #18,184
  • Sep 2, 2008 9:43pm Sep 2, 2008 9:43pm
happy fasting everyone.

still waiting for good opportunity to enter the trade. market seems a bit ranging right now. will wait for higher price for a sell today. (EU or GU)

to dgreat,

one thing you should do is to spend few days to read this whole thread. read from ost 1 until this page then you will get a lot of useful knowledge. trust me. there are a lot of thing to learn from this thread. You may find many trading strategies and you'll see how the traders have evolved with the market.

Please..please..read the whole thread. Here is where the malaysians shared their knowledge. it's not just from our ketua kampung but all traders have contributed to this thread. Not to forget, other traders from other countries.

so, prepare your weapon for the battle. let's pipping!
  • #18,185
  • Sep 2, 2008 11:24pm Sep 2, 2008 11:24pm
just wondering.. on what percentage of ur capital are u guys using for your stoplosses ?

i know some professional fund managers uses stoploss that are less than 1% of current capital...

previously i was using 2% but i think dats too much loss to take. hope to hear from u guys, happy trading

btw aussie jz reacted to the GDP no. jz plunged more than 50pips!
  • #18,186
  • Sep 2, 2008 11:48pm Sep 2, 2008 11:48pm
Hi guys!!!EU & GU are diving south....Really amazed with the dollar strength....Anyway it's good for oil so hopefully next month another oil cut for us....
  • #18,187
  • Sep 2, 2008 11:53pm Sep 2, 2008 11:53pm
i got headache and sakit dada. coz not have position in gu and eu. isk2.
  • #18,188
  • Edited Sep 3, 2008 1:35am Sep 2, 2008 11:55pm | Edited Sep 3, 2008 1:35am
Quoting xeNOS
just wondering.. on what percentage of ur capital are u guys using for your stoplosses ?

i know some professional fund managers uses stoploss that are less than 1% of current capital...

previously i was using 2% but i think dats too much loss to take. hope to hear from u guys, happy trading

btw aussie jz reacted to the GDP no. jz plunged more than 50pips!
If you think 2% is too much loss to take you should decrease it then....However it also depend on how big is your account.....It doesn't make any sense if you enter trade on GU on 5 pips stop loss just because of you can't take loss more than that....The best way is to increase your account size or just open a micro account.....
  • #18,189
  • Sep 2, 2008 11:56pm Sep 2, 2008 11:56pm
Quoting spathi
i got headache and sakit dada. coz not have position in gu and eu. isk2.
Don't worry....You will get another chance.....Just wait....
  • #18,190
  • Sep 3, 2008 12:01am Sep 3, 2008 12:01am
Quoting wakli
Don't worry....You will get another chance.....Just wait....
why i dont execute sell on those fiber / gu?

why ? because thinking too much. ob os , stoch macd etc.

the trader who made the most is the one who made simplest thinking..hehe

just hit the sell button lah. walla..
  • #18,191
  • Sep 3, 2008 12:03am Sep 3, 2008 12:03am
aaaaaaaaaaaaaaaa......missed the train...again!

have to wait for another one. i was having some briefing when it happen. aaaaaaa..... put a sell limit order but it didn't touch it.

need to sharpen my skill. it's been a while since i 'visited' kinokuniya. need to do another free reading soon.

come on, give me some pips!
  • #18,192
  • Sep 3, 2008 2:13am Sep 3, 2008 2:13am
Quoting wakli
If you think 2% is too much loss to take you should decrease it then....However it also depend on how big is your account.....It doesn't make any sense if you enter trade on GU on 5 pips stop loss just because of you can't take loss more than that....The best way is to increase your account size or just open a micro account.....
yup thats what i'm doin nw.. i reduce my lot size so that i can hv smaller % of stoploss (regardless of capital size) with reasonable amount of pips for it (20-30), i found that Oanda offers more degree in risk control as the lot size is extremely flexible
so what is ur risk % appetite guys ? mind to share ?

well if u guys wan a calc to calc the stoploss/lotsize u can this, hope u guys will find it useful
note:lot size is in units e.g. 100,000 = 1 lot

cheers !
Attached File(s)
File Type: xls STOP LOSS CALC.xls   73 KB | 394 downloads
  • #18,193
  • Sep 3, 2008 3:44am Sep 3, 2008 3:44am
Hi EveryOne,

I've been scalping EU since morning. Today results 25green . I guess that's all for me today. So how's trade going ???

Maybe the PIP be with YOU.
Banker please return my pipins.
  • #18,194
  • Sep 3, 2008 3:50am Sep 3, 2008 3:50am
Quoting xeNOS
yup thats what i'm doin nw.. i reduce my lot size so that i can hv smaller % of stoploss (regardless of capital size) with reasonable amount of pips for it (20-30), i found that Oanda offers more degree in risk control as the lot size is extremely flexible
so what is ur risk % appetite guys ? mind to share ?

well if u guys wan a calc to calc the stoploss/lotsize u can this, hope u guys will find it useful
note:lot size is in units e.g. 100,000 = 1 lot

cheers !
Hi x3N0S,

Good to hear that you in MM and Risk Control. For me, I'm a scalper... Risk is 2:1 - lost 6/7pips taking 3/4pips. Just taking up 1% of my account ( Currently under demo ). Luckily winning trade is above 80%. Dont ask about my live acct. As I'm not trading live yet. More practise, patience and consistence. Once I've reach that level, I'm definately going in for small kill.

"Small knife Cutting BIG TREE"
Banker please return my pipins.
  • #18,195
  • Sep 3, 2008 3:57am Sep 3, 2008 3:57am
Hi

Anyone here using stoch for trading reference. I've found something nice just now, just to share with you all

http://www.forexfactory.com/showthread.php?t=103884

Hope it help !!!
Banker please return my pipins.
  • #18,196
  • Sep 3, 2008 4:14am Sep 3, 2008 4:14am
Quoting Babyboy
Hi EveryOne,

I've been scalping EU since morning. Today results 25green . I guess that's all for me today. So how's trade going ???

Maybe the PIP be with YOU.
Hi Babyboy....Good trade for me so far....
  • #18,197
  • Sep 3, 2008 4:20am Sep 3, 2008 4:20am
Quoting wakli
Hi Babyboy....Good trade for me so far....
Hey W@kli,

Good to hear. also. Twice I miss the EU down trend. Early morning and just now. I was too busy practising scalping, didnt notice strong bearish. If I know .... haha.... I just flow with it ... But I'm still happy with the result. Looks like another month, I'm coming back in for LIVE. Now just relax, keep on practising the timing. Make it consistent and More patient.

Wait till the signal come... dont jump in advance... hehe
Banker please return my pipins.
  • #18,198
  • Sep 3, 2008 4:25am Sep 3, 2008 4:25am
Quoting Babyboy
Hey W@kli,

Good to hear. also. Twice I miss the EU down trend. Early morning and just now. I was too busy practising scalping, didnt notice strong bearish. If I know .... haha.... I just flow with it ... But I'm still happy with the result. Looks like another month, I'm coming back in for LIVE. Now just relax, keep on practising the timing. Make it consistent and More patient.

Wait till the signal come... dont jump in advance... hehe
Managed to catch the train this afternoon for GU & EU....Still holding the short....

Johnbaem,how's trading bro!!!
  • #18,199
  • Sep 3, 2008 4:30am Sep 3, 2008 4:30am
Quoting wakli
Managed to catch the train this afternoon for GU & EU....Still holding the short....

Johnbaem,how's trading bro!!!
Wah good pips .... So envy .... . Maybe I got bullet then I trade trendy....
but now priority is making green acct.
Banker please return my pipins.
  • #18,200
  • Sep 3, 2008 4:36am Sep 3, 2008 4:36am
Quoting Babyboy
Wah good pips .... So envy .... . Maybe I got bullet then I trade trendy....
but now priority is making green acct.
Yep...The priority is to make your acc green....Just trust of your strategy....
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