trading801's Koala Forex Articles and EUR/USD views

whats up pal!!!

Tell me something Trading801, why is so easy to let run SL, and so difficult to let run TP??

I'm having problems with this thing, I want to let it run, but I can't

Guys can you tell me what happen here with this down bar? I wasn't trading gold, but if I were, I will probably lose my position with that thing, is this an error from my broker? is this legal or if something like this happen when I'm trading, can I open a claim?

lol if i have this answer, i will be richhhhhhhhhhhhhh but seriously hee do u use trailing stop?

wow how low is that candle?

Latest EUR/USD Views 3 Nov 09 released at TheGeekKnows.com

EUR/USD slips

thank you actionforex

S3------S2------S1------PP------R1------R2------R3
1.4444--1.4535--1.4629--1.4720--1.4814--1.4905--1.4999

Nov. 4 (Bloomberg) -- The yen rose against the euro for a second day as an unexpected drop in Australia’s retail sales stoked concerns about the global economic recovery, boosting demand for Japan’s currency as a refuge.
The yen rose against 15 of its 16 major counterparts on speculation the European Central Bank tomorrow will refrain from raising interest rates to cement an economic recovery. The U.S. dollar fell against the yen on speculation the Federal Reserve will today repeat its pledge to keep the benchmark interest rate near zero for an “extended period.”

But ... but ... that's my life !!

i think forex4 buddy needs to identify small ranges.. i often get this problem too.. i wan to hold thinking that the next test will be the break out.. but fail.. so instead of 30 why not collect 20 will do? harvest more only when it is a trend.. for example when koala system is all parallel

Very strange I don't have this candle in the 1h TF ... Maybe call your broker for informations ...

At 30 pips I normally put a SL to protect around 10 pips ... or I take profits !!

thank you forelive

Japan to issue more bonds to cover tax shortfall
Written by Sam Diakou
November 4, 2009 at 01:31 GMT

Japan’s FinMin Hirohisa Fujii has said that the government is to issue more bonds to cover a tax revenue shortfall in 2009-10. It would seem that Japan’s fiscal state looks to be worsening.

Sorry, My Parents in law need some help, so I left for about 4hrs, I close the MT4, open it again and it disappear, the candle wasn't there, it was so rare....

Read up on forex articles like money management, The US Dollar, EUR/USD Views and more at

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Nov. 4 (Bloomberg) -- Asian stocks rose for the first time in three days, led by banks and mining companies, as Korea Exchange Bank reported better-than-estimated profit and gold prices climbed to a record.

I use trailing, but there are some times, than even 3 or 4 pips and I closed the position, to be honest today I did it more frequently, this usually happen to me when I see the price moving too slow. Sometimes I have luck and this early close, was seconds before a reversal.

Hey by the way before I left, I left exactly when the Asian Markets open, Both EUR/JPY and USD/JPY was on top of a pivot, so I open 2 shorts, one on each, 30 pips each, and I collect them , It was easy money as Asian Market where closed yesterday, I was expecting a retrace as soon as the market open, and it did. Collect 60 pips on that 2 runs.

Thanks Forex Instructor.

EURUSD Forecast: Trendline support broken but not convincingly. Eyes on FOMC today

We have a significant technical event yesterday. As you can see in my daily chart below, the trendline support has been violated to the downside, bottomed at 1.4625. This fact should trigger further weakness for the Euro with 1.4450 as technical target, but we need to be very careful here since the pair closed much higher at 1.4716 indicating limited bearish. Every time a trendline support is broken, oftenly price retreat to the upside and testing the trendline area, which is now become a resistance. So, as long as the pair stay below the trendline, expect further bearish scenario.



From h4 chart point of view, as you can see below, indecisive market indicated by range area of 1.4850 – 1.4680 since last week was broken to the downside, but price retreat to the upside and now back inside the range area. This should be seen as a false breakdown for now which is usually trigger significant upside pullback, so please be very patient at this situation. Technically, we need a consistent move below 1.4680 to confirm bearish scenario towards 1.4450 area.



Like I said yesterday, we will have some key fundamental numbers this week. Although it looks like technical movement already a step ahead of fundamental events, we know that these news will be the market mover. Today the FOMC is going to announce the interest rate. While it’s more likely that they will leave funds rate unchanged at <0.25%, investor’s focus will be at the statement about economic condition. If they give an optimistic view about economic recovery progress, the Dollar should be weaken as risk appetite increase. On the other hand, if they give a pessimistic view, Dollar should gain as risk aversion increase.

Read up on forex articles like money management, The US Dollar, EUR/USD Views and more at

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Nov. 4 (Bloomberg) -- China’s policy makers must avert stock and property market bubbles after lending swelled to a record $1.27 trillion this year, the World Bank said.

The Washington-based lender raised China’s economic growth forecast for this year to 8.4 percent from 7.2 percent and Beijing-based senior economist Louis Kuijs said the central bank will “eventually” have to rein in credit to ensure resources are properly allocated.

Hi King Koala.
Sorry to see you’re in gaol. I hope your surviving. I just wanted to pop in and thank you for your simple but effective teachings on the geek knows site.
I appreciate the work you do and read it from time to time.
Hope you get out of Gaol (sorry Jail) soon.
A51

Good morning Koalas !!

November 4, 2009

9:30 GMT UK services PMI is published with the expected 52.3.

if Services PMI >= 53.3 then GBPUSD go Up 40 pips
if Services PMI <= 51.3 then GBPUSD go Down 40 pips