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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #18,421
  • Sep 15, 2008 9:21pm Sep 15, 2008 9:21pm
Due to the current downside movement, this indicated that subwave c in wave b (magenta or white) still in progress. Therefore, I'm looking forward for a confirmation that wave b is already completed. A valid triple bottom pattern and a further breakout to the upper green trendline would bolster this scenario. Otherwise a true breakout to the magenta/white critical line would favour to the alt count in yellow, but please be extra careful for any "Bearish Trap" scenario. Good luck.
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  • #18,422
  • Sep 16, 2008 3:15am Sep 16, 2008 3:15am
Quoting Malaysia
Bank of America just bought Merrill Lynch for $50Bln.

Lehman... kaput

Stock Exchange.... plunged.

Forex... Crazy volatility and uncertainty to come... hard to predict. Providing high opportunity that comes with high risk.

p/s: In an exclusive interview with CNBC.com, Wilbur Ross, chairman and CEO of WL Ross & Co., says he sees possibly as many as a thousand bank closures in the coming months.

Ooo... Ooooo... now concern being focus on AIG. It has been downgrade. Let see how NYSE react today...

If Lehman is an Earthquake... AIG will be the Tsunami!!!!

Still watching the market without anticipation.... just watch.

Bumpy ride ahead... fasten your seatbelt.
  • #18,423
  • Sep 16, 2008 3:54am Sep 16, 2008 3:54am
Hi R00m,

I'm doing live scalping now. Manage 20green today and 20green last nite.
It's kinda hard to predict the market. My two entry was all way down to -50 after entry. And rebounce to capture profit. Luckily I didnt stick to monitor.
I go sn00ker for fun. If not, I would have cut lost and cabut ....

Sui Market... US was abit BAD, but hence still strong. What in the world is happening.

So target hit today. Call it a day better. Hope tomorrow better trading day.
Banker please return my pipins.
  • #18,424
  • Sep 16, 2008 4:23am Sep 16, 2008 4:23am
Too many uncertainty in the market.....Everybody is in the panic state....It's really not good....The only good news so far is the oil tumbling to usd 92 per barrel....
  • #18,425
  • Sep 16, 2008 4:32am Sep 16, 2008 4:32am
Quoting wakli
Too many uncertainty in the market.....Everybody is in the panic state....It's really not good....The only good news so far is the oil tumbling to usd 92 per barrel....
Yo Br0,

It's good new for Oil price tumbling. But we are not enjoying the benefits yet over here. We're still suffering from 2.55cents ..
Banker please return my pipins.
  • #18,426
  • Sep 16, 2008 7:48am Sep 16, 2008 7:48am
Quoting Mcdegoh
Hi Bro,

How's your trade yesterday. Me , i lost 235usd and made back 120 this morning. Crazy market and i missed the double top. hehe
yo bro !
lost abit to the market in AU, morning 2day due to stops too tight but managed to gain back all + some gd profits later in the AM... well, market quite wild with super crazy moves... watch out for a rollercoaster ride ahead... might be staying up for the 2.00am FED rate decesion... might be anticipating an emergency cut
  • #18,427
  • Sep 16, 2008 8:03am Sep 16, 2008 8:03am
2:15pm USD http://www.forexfactory.com/images/m...mpact_high.gif FOMC Statement
2:15pm USD http://www.forexfactory.com/images/m...mpact_high.gif Federal Funds Rate ??? 2.00% 2.00%

I would say 50-50 for the FED to cut IR... might leave it unchanged.

Even if the FED cut the IR... UK and Euro economy still in the uncertainty zone. Not doing any better.

Ripple effect or Domino effect can't be ruled out. What happened and happening in the USA surely affecting other regions of the world as well.

USD might losing value... bear in mind... Pound Sterling and Euro also can lose it value... which one falling at a higher rate will determine the direction of Cable and Fibre. Very tricky and confusing.

Anyway... I am staying out with this turmoil.

p/s: Kalau was-was... jangan.
  • #18,428
  • Sep 16, 2008 8:05am Sep 16, 2008 8:05am
TIC transaction = 6.1 B only ? is that a typo or for real??
  • #18,429
  • Sep 16, 2008 8:14am Sep 16, 2008 8:14am
Quoting spathi
TIC transaction = 6.1 B only ? is that a typo or for real??
9:00am USD http://www.forexfactory.com/images/m...mpact_high.gif TIC Net Long-Term Transactions 6.1B 55.0B 53.4B

Quote
Treasury International Capital (TIC) Net Long-Term Transactions measures the monthly difference in cross-border foreign and domestic purchases of long-term securities (i.e., bonds with an original maturity longer than one year). For example, if foreigners purchased $100 billion in US securities, and the US purchased $30 billion in foreign securities, the net reading would be $70 billion. A rising trend has a positive effect on the nation's currency because foreigners must first convert their domestic currency before they can purchase the nation's assets. This can dramatically elevate currency demand. Traders watch this indicator closely as it provides several insights into international currency flows.

I think that is no typo... lesser foreigners purchased US securities. Everyone SELLING I guess. Keep on clicking those SELL buttons....

http://i11.photobucket.com/albums/a1...razytyping.gif

Anyway... the News giving not much impact to Cable and Fibre... everyone waiting for the IR Announcement I guess... or waiting for NYSE to starting Bell.
  • #18,430
  • Sep 16, 2008 8:17am Sep 16, 2008 8:17am
Gee...

In that case, we better quickly sell out USD cash tomorrow... No point holding... . Is there any money changer open during midnight ...

I've got tons of it...
Banker please return my pipins.
  • #18,431
  • Sep 16, 2008 8:19am Sep 16, 2008 8:19am
Hi all,

Surprised to see such a huge Malaysian thread in FF. Good forex coverage as well. Well done.

Malaysia Boleh!!
  • #18,432
  • Sep 16, 2008 8:30am Sep 16, 2008 8:30am
Quote
FOREX-Dollar briefly erases gains vs euro ahead of stocks open

NEW YORK, Sept 16 (Reuters) - The U.S. dollar briefly erased gains versus the euro on Tuesday before edging higher again in choppy trading, as nervous investors awaited the opening of the U.S. stock market.

The euro edged up to $1.4267, from about $1.4245 10 minutes earlier. It was last at $1.4255, slightly down on the day.

'We have a very nervous market today. People are just cautious about the stock market opening,' said David Watt, senior currency strategist, at RBC Capital Markets in Toronto.

U.S. stock futures are currently indicating a sharply lower open on Tuesday.
Starting Bell around the corner... I am just gonna watch the drama.
  • #18,433
  • Sep 16, 2008 8:31am Sep 16, 2008 8:31am
Quoting enthran
Hi all,

Surprised to see such a huge Malaysian thread in FF. Good forex coverage as well. Well done.

Malaysia Boleh!!
Welcome to the club Please feel free to share what you know with us... so that we can evolve together
  • #18,434
  • Sep 16, 2008 8:33am Sep 16, 2008 8:33am
Quoting enthran
Hi all,

Surprised to see such a huge Malaysian thread in FF. Good forex coverage as well. Well done.

Malaysia Boleh!!
Welcome aboard. Looks like another new one in the house.
Banker please return my pipins.
  • #18,435
  • Sep 16, 2008 8:39am Sep 16, 2008 8:39am
Three letters... WTF !!!


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  • #18,436
  • Sep 16, 2008 8:44am Sep 16, 2008 8:44am
Relax Br0 Sh@m,

We just being audience here.... Let's enjoy.

At the same time, I'm too. My heidging on EU and UC stuck ... Most probably leave it at it is... Guess the gang also facing the same situation...
Banker please return my pipins.
  • #18,437
  • Sep 16, 2008 9:11am Sep 16, 2008 9:11am
Quoting enthran
Hi all,

Surprised to see such a huge Malaysian thread in FF. Good forex coverage as well. Well done.

Malaysia Boleh!!
Welcome my friend.....
  • #18,438
  • Sep 16, 2008 9:19am Sep 16, 2008 9:19am
Quoting Babyboy
Relax Br0 Sh@m,

We just being audience here.... Let's enjoy.

At the same time, I'm too. My heidging on EU and UC stuck ... Most probably leave it at it is... Guess the gang also facing the same situation...
Enjoy the watching too....No trade for me in this crazy market today.....Will see what will happen tomorrow.....
  • #18,439
  • Sep 16, 2008 9:25am Sep 16, 2008 9:25am
Quoting wakli
Enjoy the watching too....No trade for me in this crazy market today.....Will see what will happen tomorrow.....
Hehe as usual, watching always boring.
Banker please return my pipins.
  • #18,440
  • Sep 16, 2008 9:27am Sep 16, 2008 9:27am
I was considering buy dip GJ ... It's kinda good bargain...
200pips nano only 20 buck. It's a nice deal ...

What u think Br0 ?
Banker please return my pipins.
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