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Help needed in OANDA + users from Malaysia 105 replies

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  • #18,481
  • Sep 17, 2008 10:38am Sep 17, 2008 10:38am
At this moment, I'm looking forward for a completion of subwave 2 (magenta or white) before expecting for another bullish continuation to perform subwave 3 in C. Please be noted that this scenario would be invalid if there is any true breakout to the bearish continuation line 8. So please be careful for any possibility of the bearish continuation trend (yellow). Good luck.
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  • #18,482
  • Sep 17, 2008 11:24am Sep 17, 2008 11:24am
Hehe,

I just love volatility.. 32greens on my demo hedging. However, my live
still running kinda good green too. Okay guys.. See ya tomorrow.

May the PIP be with you.
Banker please return my pipins.
  • #18,483
  • Sep 17, 2008 11:37am Sep 17, 2008 11:37am
Quoting Malaysia
Originally Posted by Malaysia http://www.forexfactory.com/images/buttons/viewpost.gif
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.

FED Bailed Out AIG... still watching the DRAMA They contained the Tsunami from happening. Will they succeed?
Quote
AIG $85 BILLION BAILOUT by FED INTERVENTION

AIG Gets Up to $85 Billion Fed Loan; Cedes Control

Sept. 16 (Bloomberg) -- The U.S. government agreed to lend as much as $85 billion to American International Group Inc. in exchange for a 79.9 percent stake to save the country's biggest insurer from collapse.

http://www.forexfactory.com/news.php?do=news&id=106859
  • #18,484
  • Sep 17, 2008 12:01pm Sep 17, 2008 12:01pm
Testing the water...

I went LONG on Cable after the Weekly Pivot and DPP hold and seeing GOLD and OIL shooting UP.

Targeting that High around 50% Median/Fibbo to be tested again.

TP 200 pips... SL already securing 30pips profit... as right now floating profit is more than 60pips green

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  • #18,485
  • Sep 17, 2008 12:21pm Sep 17, 2008 12:21pm
Quoting Malaysia
Testing the water...

I went LONG on Cable after the Weekly Pivot and DPP hold and seeing GOLD and OIL shooting UP.

Targeting that High around 50% Median/Fibbo to be tested again.

TP 200 pips... SL already securing 30pips profit... as right now floating profit is more than 60pips green

congrats to u bro, must be making some hadsome profit nw with GU at the 1.8000 area... i saw it shooting up.. but did not take any action as i decided to take the backseat to study traders psychology in this crazy times... my losses had amounted to almost 1% of my ac since i started trading live.. so i guess i need to seat back n study for a while..
btw, u hv any good books on psychology to recommend ? thx !
  • #18,486
  • Sep 17, 2008 12:44pm Sep 17, 2008 12:44pm
Quoting Malaysia
Testing the water...

I went LONG on Cable after the Weekly Pivot and DPP hold and seeing GOLD and OIL shooting UP.

Targeting that High around 50% Median/Fibbo to be tested again.

TP 200 pips... SL already securing 30pips profit... as right now floating profit is more than 60pips green

Nice Shoot Up!!! TP soon... Already reaching nearly 200pips profit in less an hour Might take it out manually if the PA shows reluctant to reach my set TP at 200pips profit.

What a good trade after a long time staying aside.
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  • #18,487
  • Sep 17, 2008 12:57pm Sep 17, 2008 12:57pm
Quoting xeNOS
congrats to u bro, must be making some hadsome profit nw with GU at the 1.8000 area... i saw it shooting up.. but did not take any action as i decided to take the backseat to study traders psychology in this crazy times... my losses had amounted to almost 1% of my ac since i started trading live.. so i guess i need to seat back n study for a while..
btw, u hv any good books on psychology to recommend ? thx !

I just love reading the economic news (from internet)... and watching Bloomberg. Then I watch the market reaction... currency, Stocks, Oil and Gold....

The way I learn about the market psychology is from constant observation and on the job training... The way I see and perceived the market is from my own understanding and might differ from others.

Develop your own understanding from your own intuition and forecasting skill. Reading is one thing... to understand things easier and better... but the most important thing is the practical.

I can't recommend you any good book on psychology because I've read none of it.

Psychology is Nature. Nature have infinity/limitless variables.
  • #18,488
  • Sep 17, 2008 12:59pm Sep 17, 2008 12:59pm
Quoting Malaysia
Nice Shoot Up!!! TP soon... Already reaching nearly 200pips profit in less an hour Might take it out manually if the PA shows reluctant to reach my set TP at 200pips profit.

What a good trade after a long time staying aside.
nice trade bro ! well, it seems that price had achieved its balance area for now for GU... might be another up day for the pair if it maintance its stance for nw... nitez ! c u guys 2molo !
  • #18,489
  • Sep 17, 2008 12:59pm Sep 17, 2008 12:59pm
I am done for today... Good night
  • #18,490
  • Sep 17, 2008 1:10pm Sep 17, 2008 1:10pm
Quoting Malaysia

I just love reading the economic news (from internet)... and watching Bloomberg. Then I watch the market reaction... currency, Stocks, Oil and Gold....

The way I learn about the market psychology is from constant observation and on the job training... The way I see and perceived the market is from my own understanding and might differ from others.

Develop your own understanding from your own intuition and forecasting skill. Reading is one thing... to understand things easier and better... but the most important thing is the practical.

I can't recommend you any good book on psychology because I've read none of it.

Psychology is Nature. Nature have infinity/limitless variables.
bro, i had noticed the tremendous shoot up in gold n oil... what is the significance behind this? is it due to the fact the investors are putting $$$ into these commodities as a safe heaven for them since US econ is still not very bright ? mind to explain a little? thx !
  • #18,491
  • Sep 17, 2008 1:20pm Sep 17, 2008 1:20pm
the rally of the GU pair late 2day had managed to spark off a massive chain reaction in the market which turns out to be the main driving force for the pair to ignore most of the psychological resistance area... we can clearly see that the pair is now heading north to test once again the window GAP created at the 1.8000 and 1.8200 area... if it manages to close this window, we may see further upside for this pair...

happy trading n nitez !
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  • #18,492
  • Sep 17, 2008 1:43pm Sep 17, 2008 1:43pm
Quoting Malaysia

I just love reading the economic news (from internet)... and watching Bloomberg. Then I watch the market reaction... currency, Stocks, Oil and Gold....

The way I learn about the market psychology is from constant observation and on the job training... The way I see and perceived the market is from my own understanding and might differ from others.

Develop your own understanding from your own intuition and forecasting skill. Reading is one thing... to understand things easier and better... but the most important thing is the practical.

I can't recommend you any good book on psychology because I've read none of it.

Psychology is Nature. Nature have infinity/limitless variables.
its interesting to here your view on this bro..i have to learn the Psychological aspect of this game in realising u can have a trade and the target may be reached in 1 hr or 5 days...this constant change in volatility totally messes me up and i start taking myself out of the position.
I dont know if it possible to gain this belief/ strength from a book but i need to do something. Is this a quality u had for the beginning ..being able to stay in the trade till the desired target is reached? or is just that i need to build knowledge technically and from this i will be stronger to remain in the trade...

what can i do, from yur perpective bro? ..any help, advise is always apprecaited.

by the way, welldone on yur trade bro ....
  • #18,493
  • Sep 17, 2008 2:40pm Sep 17, 2008 2:40pm
Awesome! After a whole day tortured waiting for something good happen, finally EU and GU give us a lot of profit from Fibo movement this morning. You can grab almost 400+ pips!

Here we go!!!!!!!
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #18,494
  • Sep 17, 2008 4:20pm Sep 17, 2008 4:20pm
Rezeki Sahur Alhamdulillah

Took my SHORT for Retracement... SL already 1 pip green... as right now floating profit already exceeding 50pips. TP manually soon depending on PA.


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  • #18,495
  • Sep 17, 2008 4:27pm Sep 17, 2008 4:27pm
Quoting xeNOS
bro, i had noticed the tremendous shoot up in gold n oil... what is the significance behind this? is it due to the fact the investors are putting $$$ into these commodities as a safe heaven for them since US econ is still not very bright ? mind to explain a little? thx !
I guess it's a RISK AVERSION / RISK APPETITE psychology. In this case ... RISK AVERSION. People scared of holding USDollar plus heavy selling off STOCKS... start holding GOLD to feel more safer.
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  • #18,496
  • Sep 17, 2008 4:39pm Sep 17, 2008 4:39pm
Quoting nAVIN2007
its interesting to here your view on this bro..i have to learn the Psychological aspect of this game in realising u can have a trade and the target may be reached in 1 hr or 5 days...this constant change in volatility totally messes me up and i start taking myself out of the position.
I dont know if it possible to gain this belief/ strength from a book but i need to do something. Is this a quality u had for the beginning ..being able to stay in the trade till the desired target is reached? or is just that i need to build knowledge technically and from this i will be stronger to remain in the trade...

what can i do, from yur perpective bro? ..any help, advise is always apprecaited.

by the way, welldone on yur trade bro ....
Try this >>> FTP system.

F >>> Fundamental
T >>> Technical
P >>> Perception

Study the fundamental... aware of the NEWS around... make a guess how the market most likely gonna react.

Entry and Exit using Technical Analysis with the direction bias with the Fundamental Analysis.

Beware of Market Perception as well as it can goes opposite ways from what Fundamental says. Anticipation with overall market perception is important as well.

Example... like today... Market mainly react towards AIG Bailout News. Fundamentally... should be good for the US Economy as it's an Intervention to protect the company.

However, Market perception is the other way round... as for immediate effect... PANIC. AIG need to be Bailed Out by the Government... what that means.... Private sector (other Banks) clearly in a deep trouble as no one has the liquidity to bailed out AIG. Banks are in a deep $H%& now!!!

Click this link to learn more about FTP >>>>
http://broadcast.ino.com/education/t...eboard_6/?blog
  • #18,497
  • Sep 17, 2008 4:57pm Sep 17, 2008 4:57pm
Quoting Malaysia
Try this >>> FTP system.

F >>> Fundamental
T >>> Technical
P >>> Perception

Study the fundamental... aware of the NEWS around... make a guess how the market most likely gonna react.

Entry and Exit using Technical Analysis with the direction bias with the Fundamental Analysis.

Beware of Market Perception as well as it can goes opposite ways from what Fundamental says. Anticipation with overall market perception is important as well.

Example... like today... Market mainly react towards AIG Bailout News. Fundamentally... should be good for the US Economy as it's an Intervention to protect the company.

However, Market perception is the other way round... as for immediate effect... PANIC. AIG need to be Bailed Out by the Government... what that means.... Private sector (other Banks) clearly in a deep trouble as no one has the liquidity to bailed out AIG. Banks are in a deep $H%& now!!!

Click this link to learn more about FTP >>>>
http://broadcast.ino.com/education/t...eboard_6/?blog

thx brother...will look into that! ...god bless u
  • #18,498
  • Sep 17, 2008 5:57pm Sep 17, 2008 5:57pm
Quoting Malaysia
Rezeki Sahur Alhamdulillah

Took my SHORT for Retracement... SL already 1 pip green... as right now floating profit already exceeding 50pips. TP manually soon depending on PA.
Closed my SHORT... I am going LONG now... Buy From Dip. I hope I got the dip allright

CELEBRATING PAGE 1234
  • #18,499
  • Sep 17, 2008 6:45pm Sep 17, 2008 6:45pm
Quoting Malaysia
Closed my SHORT... I am going LONG now... Buy From Dip. I hope I got the dip allright

CELEBRATING PAGE 1234
Looking good so far Which one will get hit first... my TP or my SL?

p/s: Continuing my sleep... didn't get much sleep last night. Too exited watching the market. See ya all when I wake up.

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  • #18,500
  • Sep 17, 2008 7:32pm Sep 17, 2008 7:32pm
Quoting Malaysia
Looking good so far Which one will get hit first... my TP or my SL?

p/s: Continuing my sleep... didn't get much sleep last night. Too exited watching the market. See ya all when I wake up.

Been quite sometime since my last post..huhuhuhu I am around but just observe from bottom ..heheheh

Last night got another hit waaaaa......reason.....bco I could't get og in into my platfom bcoz the platfom claimed that there are hackers who hack their server...adesss.....huhuh although not much but..still money ..huhuh...


anyhow my trades is improving .....

p/s heheheh want to post my name in page 1234 as welll.....
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