owrait bro. thanks for ur advise :-)
- #21,341
- Apr 20, 2009 6:53am Apr 20, 2009 6:53am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
- #21,346
- Apr 20, 2009 8:29pm Apr 20, 2009 8:29pm
good morning malaysians,
i`ve short on cable,
anyone have an idea where its going today,
yeterday was a big drop too.....
Cable showing short term reversal up on my 1hour tf chart.Check it out!
- #21,349
- Apr 20, 2009 9:56pm Apr 20, 2009 9:56pm
This going to be a great weekend....
Zurin how sure r u with cable going down.... what your rational & analysis. can you share with us.
at the moment i am looking for entry point...on GU , GJ and EU , UC. so far not a signal yet..
it is a speculation,
when daily chart open,
the pa like to go back to dpp,
and i was sl earlier.......
at last i`ve found a holygrail........
- #21,350
- Apr 21, 2009 6:22am Apr 21, 2009 6:22am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
grashid,
can you open your Private Message. I would like to send a message for u.
tq
Anyway my 2nd target of 141.55 just hit this am..and am looking for last one @ 137 area ( but doubt with new Obama stimulus ) which may make PA become another crazy...
- #21,352
- Apr 21, 2009 10:35am Apr 21, 2009 10:35am
Is GU really going up more than this level?........
Just wanted to share my 2 cent, since there was quite interesting discussion we have here in Malaysia forum recently. Good intention, bravo.
H4 Chart: the bullish movement was shown this evening and confirmed by breaking the trend line recently.
Daily Chart: atm, bullish candlestick trying to test previous trend line, now we are able to see piercing pattern in action.
Weekly Chart: the uptrend trend line still intact to confirm at this moment the weekly still in up trend direction.
At this moment, I'm long from 1.4697 with SL 1.4390 (let see if i can move the SL to the profitable place tomorrow).
This is quite risky trade as what I can say now, the real body candlestick was not above the daily trend line. I'm looking forward to see the daily close above this trend line.
regards,
- #21,353
- Apr 21, 2009 1:58pm Apr 21, 2009 1:58pm
looking for good entry, buy gbpchf. word of caution, young trend tend to collapse but if it holds, may goes up to beribu-ribu lemon pips 
.
p/s: cam tokan kat gambling den plak hehehe
.p/s: cam tokan kat gambling den plak hehehe
I am bored..
- #21,355
- Apr 21, 2009 8:29pm Apr 21, 2009 8:29pm
Hi Guys,
Just wanted to share my 2 cent, since there was quite interesting discussion we have here in Malaysia forum recently. Good intention, bravo.
H4 Chart: the bullish movement was shown this evening and confirmed by breaking the trend line recently.
Daily Chart: atm, bullish candlestick trying to test previous trend line, now we are able to see piercing pattern in action....
After reviewing several times(seriously) your chart and the time frame you use, I think you have a Valid case. Your tolerance is very high. Its very rare. hehe and I know,Its not the "Geng Bas Sekolah" type. Definitely not!
If I may ask you, if GU goes against your post, do you add positions, to
average out? or you just maintain existing positions?
- #21,356
- Apr 21, 2009 9:53pm Apr 21, 2009 9:53pm
Thanks for sharing bro,
After reviewing several times(seriously) your chart and the time frame you use, I think you have a Valid case. Your tolerance is very high. Its very rare. hehe and I know,Its not the "Geng Bas Sekolah" type. Definitely not!
If I may ask you, if GU goes against your post, do you add positions, to
average out? or you just maintain existing positions?
Hi Satni,
First thing is, I'm playing microlot. I'm using H4, cause it have only 6 candlestick a day, not so frequent I check my trade.
Ok, back to the question, if GU reverse. Yes, I maintain my position.
Atm, i had -72 pips. I will cut-loss my position if the real body candlestick close below the trend line (not to wait it touch my SL). No lot will be added to minimize current trade in -ve. (I'm still thinking if there is a way of this).
[In case of +ve trade]
If the price action move more then +100 pips and if there is good S/R area above my trade open. I will move the SL below S/R (in this case, long). Further more, at that moment, may be new trend line will be perform, I will add another microlot after the condition complete. if it is proven reverse I will close my trade and look for other opportunity.
May be you can share your call position here, Satni and some advise.
regards,
- #21,358
- Apr 21, 2009 11:50pm Apr 21, 2009 11:50pm
Hi Satni,
First thing is, I'm playing microlot. I'm using H4, cause it have only 6 candlestick a day, not so frequent I check my trade.
Ok, back to the question, if GU reverse. Yes, I maintain my position.
Atm, i had -72 pips. I will cut-loss my position if the real body candlestick close below the trend line (not to wait it touch my SL). No lot will be added to minimize current trade in -ve. (I'm still thinking if there is a way of this).
[In case of +ve trade]
If the price action move more then +100 pips and if there is good S/R area above...
Yes, I can share it here.
First and foremost, Trading is about risk taking,and ONE of the ways to reduce risk taking is by the use of charts analysis(we all know this.not bad). The other parts are Money Management and Trader Psychology.
So, come a point in time, Our trading does turn bad. After entering post,
losses start rolling..., some traders panic, sweating!
How does a trader handle this situations? Its Money Management, Its not
Chart analysis. Psychology comes in terms of Risk Tolerance profile...fast to panic or not. Cool and Steady, It all depends on one's risk tolerence.hehe
for some traders they freakout even in minus 10pips.
Trade positions strategy can coming of all sorts...but the most commonly
is to use hedging posts, if your first entry posts prove to wrong.
You reduce your floating loss instantly, stoping the losses from bleeding further. Then reevaluate further risktaking , not just looking at charts and
but also our "wallet"funds,add more post of not. so on....just sharing
sincerely.
- #21,359
- Apr 21, 2009 11:59pm Apr 21, 2009 11:59pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
4:30pm GBP MPC Meeting Minutes ?-?-? ... 0-0-9 ... 0-9-0
What gonna happen? I got LONG already at Today DPP. If price fall below DPP... will cut loss.
T.A.Y.O.R.
DPP being CABLE support for now.While for FIBRE and AUSSIE... still struggling to float above their DPP... as ringht now... FIBRE and AUSSIE are both below DPP and testing it.
Tricky day today!
- #21,360
- Apr 22, 2009 12:02am Apr 22, 2009 12:02am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
DPP being tested again
While for FIBRE and AUSSIE... still struggling to float above their DPP... as ringht now... FIBRE and AUSSIE are both below DPP and testing it.
Tricky day today!