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Help needed in OANDA + users from Malaysia 105 replies

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  • #19,801
  • Nov 13, 2008 7:26pm Nov 13, 2008 7:26pm
At this moment, I'm looking forward for a bullish reversal trend to be perform either referring to the alt count in white or yellow. A valid diagonal triangle pattern and a double bottom scenario would bolster this point of view. Otherwise, we may see another breakout to the white/yellow critical lines to perform wave 5 in magenta. Advisable to look for a good bullish reversal entry signal later from BSTS. Good luck.
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  • #19,802
  • Nov 13, 2008 7:51pm Nov 13, 2008 7:51pm
GOOD MORNING MY Gmt+8 traders

BULL are coming...

Price reach projected High TL and closed above it..Now price bounce from Higher High TL and it just a matter of time before price breach it, so me BULL bias today and my trading strategy will be BFD today.
Expect price will retrace up to Fib 50.0 or reach at 4HR 5sma where I might just follow BULL flying high targetting 1.3 ..
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  • #19,803
  • Edited 9:27pm Nov 13, 2008 8:56pm | Edited 9:27pm
Quoting GrodoT
GOOD MORNING MY Gmt+8 traders

BULL are coming...

Price reach projected High TL and closed above it..Now price bounce from Higher High TL and it just a matter of time before price breach it, so me BULL bias today and my trading strategy will be BFD today.
Expect price will retrace up to Fib 50.0 or reach at 4HR 5sma where I might just follow BULL flying high targetting 1.3 ..
Good morning grodot!!!!Nice analysist yesterday....Luckily I've put sl on BE last night....Agree with you....It should be bullish in the short term.....
  • #19,804
  • Nov 13, 2008 11:14pm Nov 13, 2008 11:14pm
Quoting m4nzs
oo ok, glad to hear that. kinda worry also if all the broker might go kaput as well.

by the way, what really happenf if we sell/buy in one particular pair actually?
let say for an example,GU,

if we buy : does it means we sell off usd and buy pound and vise versa?
if we sell : does it means we buy usd and sell off pound and vise versa?

because the thing is, all transaction is in usd, even if we r not in a position also our money is in usd right? so if we sell GU, how come it is consider we buy usd again where else our money already...
SORRY OLD Topic ... just my thought on above by m4nzs

I think it lies on speculative market as what we do here (Trade Forex) are leveraging .You don't buy actual amount you suppose to buy let say leverage are 1:100 meaning you can buy i.e. EURUSD - you buy 100,000 EUR so, actual you have to put for this buying only EUR1000 , but due to your account are in USD then you will pay only in USD and how they convert from EUR1000 to USD 1000 ??? the answer should go to how many pips for SL or TP in order to give you ratio 1:1 (Margin) - as above ,with EUR 1000 and leverage 1:100 you should get 100pips SL or TP to get back your EUR1000. but since your account are in USD then this EUR1000 will be converted into USD which will reflect your per pip value and your SL or TP will be adjusted accordingly accordance to this conversion . But if they maintain 1 pip = 100 then you should get or gain more SL or TP to fit 1:1 ratio .

That was my thinking ... I am not sure if it is the truth..

My goal are if I can gain profit from this leveraging trade up to USD 5million ..I will trade with leverage 1:1 meaning I buy 5million and I pay 5 million and my SL will be 10,000 pips and 1 pips = 100 and I only need 25pips a day ... I hope to do that one day ..

And now me = Friday praying ...Lets GO..
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  • #19,805
  • Nov 14, 2008 12:06am Nov 14, 2008 12:06am
Quoting KentRina_84
Hi guys, any recommendation on LR exchanger in Malaysia? planning to withdrw some fund i usually deal with 'tukargold-jack' so far so good but it seems that their service is not available currently (i visited the site few weeks back and they claimed that they are on holiday and will come back to business after their holiday i'd tried to log into their site form time to time and the msg today was "site under maintenece") i'd googled around and found this "snapgold" which is registered in Singapore & deal with them few time no problem...
try wannagold.com my past transactions were all immediate.
good service by staff name riezone.
  • #19,806
  • Nov 14, 2008 12:29am Nov 14, 2008 12:29am
Quoting cheagil
try wannagold.com my past transactions were all immediate.
good service by staff name riezone.
or u can try http://www.evogates.com/Home?ref=drunkenArmy

better rates..fast services..
  • #19,807
  • Nov 14, 2008 1:03am Nov 14, 2008 1:03am
Quoting GrodoT
GOOD MORNING MY Gmt+8 traders

BULL are coming...

Price reach projected High TL and closed above it..Now price bounce from Higher High TL and it just a matter of time before price breach it, so me BULL bias today and my trading strategy will be BFD today.
Expect price will retrace up to Fib 50.0 or reach at 4HR 5sma where I might just follow BULL flying high targetting 1.3 ..
OK - price playing on ATR line(PINK dotted) - according to my BULL bias , the lowest she can go would be Fib 50.0 then shoot back up..I may just enter short if I get correct setup on 15min TF targetting fib 50.0 then BFD from there targetting 1.3..

TAYOR
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  • #19,808
  • Nov 14, 2008 1:08am Nov 14, 2008 1:08am
same with me grodot, im bull euro today, 1 hour making bull pennant

long @ 1.2730 hope no whipsaw today
  • #19,809
  • Nov 14, 2008 1:41am Nov 14, 2008 1:41am
Quoting rfc
same with me grodot, im bull euro today, 1 hour making bull pennant

long @ 1.2730 hope no whipsaw today

duuhhh euro whipsaw again today SL HIT on BEP
find again BFD
  • #19,810
  • Nov 14, 2008 3:03am Nov 14, 2008 3:03am
Quoting rfc
duuhhh euro whipsaw again today SL HIT on BEP
find again BFD
Hit and run is the preferred technique during this current condition.....However I believe the breakout is looming.....
  • #19,811
  • Nov 14, 2008 3:28am Nov 14, 2008 3:28am
EU breached the dpp now....If it stays below it,my short on GU will look good....
  • #19,812
  • Nov 14, 2008 3:35am Nov 14, 2008 3:35am
Quoting wakli
EU breached the dpp now....If it stays below it,my short on GU will look good....
Me hope green pips for you bro , I know you already think the exit door wisely for green ...
My hit and run skills still need to be sharpened - not very good at it.. So, me will wait little bit longer..
R1 BPL R2 FA R3 CL ALL still ON
  • #19,813
  • Nov 14, 2008 3:50am Nov 14, 2008 3:50am
Quoting GrodoT
Me hope green pips for you bro , I know you already think the exit door wisely for green ...
My hit and run skills still need to be sharpened - not very good at it.. So, me will wait little bit longer..
Same to you bro!!!Just the matter of time before you master the hit and run technique.....
  • #19,814
  • Nov 14, 2008 5:32am Nov 14, 2008 5:32am
Quoting GrodoT
OK - price playing on ATR line(PINK dotted) - according to my BULL bias , the lowest she can go would be Fib 50.0 then shoot back up..I may just enter short if I get correct setup on 15min TF targetting fib 50.0 then BFD from there targetting 1.3..

TAYOR
I already shorted EU last hour base on 15min TF - TP1 Fib 50.0 - will consider TP2 up to 76.4 Fib but me will satisfy with TP1 I guess as my main trade idea was BFD (BULL bias) ..
SL 30pips - few pips above fib 61.8 at TF 15 ..
I will look exit door soon by moving SL to green..

Remember today is FRIday the 14th (exceed 1 day), so anything can happen and Bernake and Trichet about to speak tonight at the same time...

So , pls don't believe me and TAYOR
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  • #19,815
  • Nov 14, 2008 6:31am Nov 14, 2008 6:31am
best friday for me, thanks for all lessons from here,
  • #19,816
  • Nov 14, 2008 7:39am Nov 14, 2008 7:39am
Quoting GrodoT
I already shorted EU last hour base on 15min TF - TP1 Fib 50.0 - will consider TP2 up to 76.4 Fib but me will satisfy with TP1 I guess as my main trade idea was BFD (BULL bias) ..
SL 30pips - few pips above fib 61.8 at TF 15 ..
I will look exit door soon by moving SL to green..

Remember today is FRIday the 14th (exceed 1 day), so anything can happen and Bernake and Trichet about to speak tonight at the same time...

So , pls don't believe me and TAYOR
TP reached Banked +100pips - Me happy already..now me just change flag to BULL @ few pips below Fib 50.0- let see if she can flying high ..SL few pips below Fib 61.8 (+/- 50pips) - TP1 TL (green) then accordingly to FE..
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  • #19,817
  • Nov 14, 2008 7:52am Nov 14, 2008 7:52am
At this moment, I'm looking forward market either to perform corrective c (white) or a truncated subwave v in 5 (yellow) before expecting for a bullish reversal trend. Otherwise this scenario would be invalid if there is any true breakout to the white/yellow critical lines which is favourable to the alt count in magenta. But please be careful for any bearish trap scenario. Advisable to look for any bullish reversal entry signal from BSTS later. Good luck and happy weekends.
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  • #19,818
  • Nov 14, 2008 8:16am Nov 14, 2008 8:16am
I'm done this week...I will leave current trade open and see if she really can fly.. I haved added my SL and now 75pips and lets see if she can hold till next week ..and if she really fly then me but if SL been hit at least I still ended up with green today from earlier short.

Trade safe trader MY Gmt+8 ...
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  • #19,819
  • Nov 14, 2008 10:03am Nov 14, 2008 10:03am
Happy weekend guys..

Smell of BFD, Higher High nicely perform. Those love swing, just hold your position.. You gonna be fine..

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  • #19,820
  • Nov 14, 2008 8:03pm Nov 14, 2008 8:03pm
Tonight
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