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Help needed in OANDA + users from Malaysia 105 replies

  • Interactive Trading
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  • Post #21,461
  • Quote
  • May 13, 2009 12:14am May 13, 2009 12:14am
  •  Jebatfx
  • | Commercial Member | Joined May 2008 | 2,795 Posts
At this moment, market still in the bearish channel and the white critical line is still remain intact. Preferably, I'm still looking for any opportunity towards the bearish continuation trend scenario (magenta or yellow). A breakout towards the white critical line would bolster to this scenario. Otherwise, please be careful for any breakout to the upper green channel trendline. Good luck.
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  • Post #21,462
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  • May 13, 2009 12:51pm May 13, 2009 12:51pm
  •  Jebatfx
  • | Commercial Member | Joined May 2008 | 2,795 Posts
At this moment, price already break the white critical line and the bearish continuation critical line 1. Therefore, I'm looking forward for a further bearish continuation trend scenario to complete a major corrective wave B in 5 bearish wave structures (yellow). But please be extra careful for any possibility to a bullish continuation trend scenario according to the alt count in magenta or a bullish retracement trend scenario to complete subwave ii in yellow. Good luck.
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  • Post #21,463
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  • May 14, 2009 1:09am May 14, 2009 1:09am
  •  Jebatfx
  • | Commercial Member | Joined May 2008 | 2,795 Posts
At this moment, price already near the major lower red trendline and the lower channel red trendline. Therefore, please be careful for any bounce scenario, favourably to complete subwave ii either in white or yellow before expecting for another bearish continuation trend to complete major corrective wave B. Otherwise, please be careful for any bullish continuation trend scenario to complete wave 3 in magenta. Good luck.
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  • Post #21,464
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  • May 14, 2009 4:01am May 14, 2009 4:01am
  •  belief
  • | Joined Jun 2006 | Status: Member | 409 Posts
Hi Jebat, saw your chart many times.

Wonder would how important is wave count in helping your trading? Do you mind to share a little how do you analyze the wave?

On my chart it's just pure trend lines and pivots, I think its sufficient but if wave is more effective might look into in with your help. Thanks!
 
 
  • Post #21,465
  • Quote
  • May 14, 2009 8:03am May 14, 2009 8:03am
  •  dzackfx
  • | Joined Sep 2008 | Status: Member | 117 Posts
[quote=belief;2733408]Hi Jebat, saw your chart many times.

Wonder would how important is wave count in helping your trading? Do you mind to share a little how do you analyze the wave?

On my chart it's just pure trend lines and pivots, I think its sufficient but if wave is more effective might look into in with your help. Thanks![/quot


Also Jebat.. what do you mean by BSTS?
 
 
  • Post #21,466
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  • May 14, 2009 10:18pm May 14, 2009 10:18pm
  •  jdhj1
  • | Joined Nov 2007 | Status: Member | 96 Posts
Quoting Malaysia
Disliked
Looks like fun in BAHAMAS too! When will you come to MALAYSIA?

p/s: No trade for me today... Outrageous WHIPSAW yesterday especially on CABLE. Today got IMPORTANT News from UK and EURO. Tomorrow got NFP. Oh well... having my weekend early I guess . Not so confidence to trade today and tomorrow.
Ignored

it will be awhile before i can make a trip to Malaysia maybe next april
 
 
  • Post #21,467
  • Quote
  • May 15, 2009 12:06am May 15, 2009 12:06am
  •  Jebatfx
  • | Commercial Member | Joined May 2008 | 2,795 Posts
Quoting belief
Disliked
Hi Jebat, saw your chart many times.

Wonder would how important is wave count in helping your trading? Do you mind to share a little how do you analyze the wave?

On my chart it's just pure trend lines and pivots, I think its sufficient but if wave is more effective might look into in with your help. Thanks!
Ignored
hi,

I'm using an EW method to assist me as a swing trader. If u can make a profit already with ur technique now, so better just stick to it. To analyse EW, u have to look at ur choosen pair using multiple TF to determine the wave degree. Maybe u could look around at EWI(Elliot Wave International) website to find a further info abt it.
_____________________________

At this moment, I can divided market into 3 possible scenario which is :



1) Yellow - market will perform an extension of wave i in yellow which is consist of an extension of subwave v in 3(cyan).
2) White - market will perform a truncated wave i in white.
Please be noted that both alt count is expecting for a furher bearish continuation trend to complete major corrective wave B.
3) Magenta - market will perform a bullish continuation trend to complete wave 3.



Preferably, I'm looking forward for a further bearish continuation trend scenario either in alt counts in yellow or white. A further breakout towards the major lower red trendline that would bolster to this scenario is still remain to be seen. Good luck and happy weekends.
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  • Post #21,468
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  • May 17, 2009 3:36am May 17, 2009 3:36am
  •  khelemen
  • | Joined Jan 2009 | Status: Member | 124 Posts
Hi Guys,
The thread now is so quiet. May be cause there was no direction change for some of Cable trader.

I wanted to share my analysis again since I've had posted the Cable weekly chart on 2nd May here and currently it is still follow the weekly trend line after 2nd "head knock" at the same upper trend line. Lower time frame such as daily, H4 and H1 shows reversal signal. I believe atm Cable still wanted to have momentem to break the upper trend line. I've close all my trade currently and waiting for entry either:
1. The break out of utl (upper trendline)
2. The rebounce of utl
3. The rebounce of ltl (lower trenline)
4. The breakout of ltl

Here are the chart attached.
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  • Post #21,469
  • Quote
  • May 17, 2009 4:46am May 17, 2009 4:46am
  •  mattrader
  • | Joined Sep 2007 | Status: Member | 504 Posts
Quoting khelemen
Disliked
Hi Guys,
The thread now is so quiet. May be cause there was no direction change for some of Cable trader.

I wanted to share my analysis again since I've had posted the Cable weekly chart on 2nd May here and currently it is still follow the weekly trend line after 2nd "head knock" at the same upper trend line. Lower time frame such as daily, H4 and H1 shows reversal signal. I believe atm Cable still wanted to have momentem to break the upper trend line. I've close all my trade currently and waiting for entry either:
1. The break out of utl (upper...
Ignored
Thanks for sharing your analysis, keep it up.
 
 
  • Post #21,470
  • Quote
  • May 17, 2009 11:54pm May 17, 2009 11:54pm
  •  Jebatfx
  • | Commercial Member | Joined May 2008 | 2,795 Posts
At this moment, price already at the major lower red trendline. Preferably, I'm looking forward for a further breakout to complete subwave v in 3 (cyan). Otherwise, please be careful for any bounce scenario either refering to the alt count in white or magenta. Favourably, I believed market in progress to perform a major bearish retracement trend to complete wave B either in white or yellow. Good luck.
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  • Post #21,471
  • Quote
  • May 19, 2009 11:20pm May 19, 2009 11:20pm
  •  Jebatfx
  • | Commercial Member | Joined May 2008 | 2,795 Posts
Preferably, I'm looking forward for a bearish trend to be perform to complete wave iii either in white or yellow. A true breakout towards the major lower red trendline would bolster this scenario. But please be noted that, market have to perform 5 subwave structures if the scenario is valid. Otherwise, please be careful for any bullish continuation trend and any breakout towards the white/yellow critical line. Good luck.
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  • Post #21,472
  • Quote
  • May 20, 2009 4:44am May 20, 2009 4:44am
  •  akumelayu
  • | Joined Apr 2009 | Status: i am 25 years old..i am kids | 263 Posts
esk aku g commercezonekul 12...jomla g sama
 
 
  • Post #21,473
  • Quote
  • May 20, 2009 5:04am May 20, 2009 5:04am
  •  Malaysia
  • Joined Oct 2007 | Status: Member | 6,522 Posts
Quoting akumelayu
Disliked
esk aku g commercezonekul 12...jomla g sama
Ignored
Uik Seems like I gonna have guest tomorrow at my office. Will be waiting for you tomorrow. Menara TA next to KLCC. Level 27 >>> CommerceZone.

Quoting jdhj1
Disliked
it will be awhile before i can make a trip to Malaysia maybe next april
Ignored
Yeah... just gotto wait until all these flu flu thinggy settled down. See you next year
 
 
  • Post #21,474
  • Quote
  • May 20, 2009 5:16am May 20, 2009 5:16am
  •  Finsbury
  • | Joined Apr 2008 | Status: Member | 350 Posts
Quoting Malaysia
Disliked
Uik Seems like I gonna have guest tomorrow at my office. Will be waiting for you tomorrow. Menara TA next to KLCC. Level 27 >>> CommerceZone.



Yeah... just gotto wait until all these flu flu thinggy settled down. See you next year
Ignored
Hi Malaysia....how are you......i hope fine!!!

Hologram....m5

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  • Post #21,475
  • Quote
  • May 20, 2009 5:54am May 20, 2009 5:54am
  •  Malaysia
  • Joined Oct 2007 | Status: Member | 6,522 Posts
Quoting Finsbury
Disliked
Hi Malaysia....how are you......i hope fine!!!

Hologram....m5

Attachment 249029
Ignored
Hi my friend from Italy Come' stai? Long time no hear from you. Still with the NeuroNetwork?

Huh... what is that? AI (Artificial Intelligence) EA? Predicting future movement.
 
 
  • Post #21,476
  • Quote
  • May 20, 2009 6:28am May 20, 2009 6:28am
  •  Finsbury
  • | Joined Apr 2008 | Status: Member | 350 Posts
Quoting Malaysia
Disliked
Hi my friend from Italy Come' stai? Long time no hear from you. Still with the NeuroNetwork?

Huh... what is that? AI (Artificial Intelligence) EA? Predicting future movement.
Ignored

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  • Post #21,477
  • Quote
  • May 20, 2009 12:23pm May 20, 2009 12:23pm
  •  Jebatfx
  • | Commercial Member | Joined May 2008 | 2,795 Posts
At this moment, I'm looking forward for a bearish reversal trend refering to either the alt count in white or yellow. Otherwise, please be careful for any breakout toward the yellow critical line. Good luck.
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  • Post #21,478
  • Quote
  • May 21, 2009 12:03am May 21, 2009 12:03am
  •  Jebatfx
  • | Commercial Member | Joined May 2008 | 2,795 Posts
At this moment, please be careful for any horizontal triangle bullish continuation pattern scenario refering to the alt count in magenta. Favourably, I'm still looking for any bearish reversal opportunity refering towards the alt counts either in yellow or white. Good luck.
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  • Post #21,479
  • Quote
  • May 21, 2009 3:10am May 21, 2009 3:10am
  •  merxmallow
  • | Joined Sep 2008 | Status: Member | 2 Posts
Hello Malaysia. Where is cable are heading to? North or south? Is it possible to break 1.5900 / 1.6000? Anyone,comment please.
 
 
  • Post #21,480
  • Quote
  • May 21, 2009 9:08am May 21, 2009 9:08am
  •  tokwanden
  • | Joined Apr 2008 | Status: Novice Trader | 705 Posts
Quoting merxmallow
Disliked
Hello Malaysia. Where is cable are heading to? North or south? Is it possible to break 1.5900 / 1.6000? Anyone,comment please.
Ignored
I like your heading. I'll vote for long shirt rather than short shirt. Be careful buddy, dont loose your shirt
Go figure.. Simplicity work
 
 
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