for all major pair

H4 sell = GU ,GJ EJ,EU
D1 sell = GU ,GJ EJ,EU
W1 sell = GU ,GJ EJ,EU

for those whom sell from last week , it's better to hold sell trade ...

for those whom trade gold (physically or using gold investment account) , just sell some gramme .

for long term gold trader , better hold your buy trade , as currently gold is in bullish mode

for scalper gold trader , better sell first some of your gold , then wait for next entry

wave count and wisemen

Why Technical Analysis Beats Out Fundamental Analysis http://bit.ly/6jG6VZ

thanks bro

i will take it as an advice , as i'm also use fundamental analysis to know what is current situation that would affect on my trade later.

For example , during NFP storm and FOMC , yerp ..i will take it as a risk .

This including news from CNN,BBC or FF forum .

if GU , for instance, dropped like wat you said , it is better to put trailing stop , better safe than never .

i can't agreed you more on technical analysis fallacy but for me , 20-30% from my trading winning comes from technical analysis view.

i'm always use this quote everytime i do my TA

Trade What You See, Not What You BELIEVE

the trend still bearish .. can maintain till next week .

mine still hold the sell trade till now ..and i saw there is no indication for all EU , EJ,GU,GJ to bolster for bullish .

Unless there is interesting movement on monthly/weekly chart ...then we can close the trade :-)

for me, IBFX gives me better charting as compared to other broker ...i found IBFX chart is much more better and more precise

FYI , i trade with Instaforex and charting with IBFX

credit to my colleague ( http://gbpjpy-analysis.blogspot.com)



gud luck for GJ trader next week ;-)

Pemahaman untuk leverage:

LEVERAGE RATE
1:100 kalau anda open 1lot bersamaan 1000usd di gunakan dr equity anda
1:200 kalau anda open 1lot bersamaan 500usd di gunakan dr equity anda
1:400 kalau anda open 1lot bersamaan 250usd di gunakan dr equity anda
1:500 kalau anda open 1lot bersamaan 200usd di gunakan dr equity anda

1:100 kalau anda open 0.1lot bersamaan 100usd di gunakan dr equity anda
1:200 kalau anda open 0.1lot bersamaan 50usd di gunakan dr equity anda
1:400 kalau anda open 0.1lot bersamaan 25usd di gunakan dr equity anda
1:500 kalau anda open 0.1lot bersamaan 20usd di gunakan dr equity anda

Pemahaman untuk nilai 1 pips..ia bergantung kepada jumlah lot yg anda masuk untuk setiap post:

1lot = 1pips = 10usd
0.1lot = 1pips = 1usd
0.01lot = 1pips = 0.10usd
0.001lot = 1pips - 0.01usd

Nilai 1pips adalah sama walaupun leverage yang berbeza


p/s: ini berdasarkan pair GU ngan EU. Nilai pips tidak sama bagi setiap pair.

Maka dengan ini, apa yang perlu anda paham ialah:

1) Penggunaan leverage adalah untuk mengurangkan atau menambah jumlah yg di gunakan untuk masuk post.
2) Leverage membolehkan anda masuk post mengikut jumlah equity yang anda ada di dalam akaun.

Formula:

MARGIN = LOT X LEVERAGE RATE X Current price


Contoh:


1. Untuk mengetahui total MARGIN yang digunakan
Anda memilih leverage 1:200
Anda ingin trade GBP/USD dengan 1 lot

Formula:

MARGIN = LOT X LEVERAGE RATE X Current price

1lot X 500usd X (1.9800 => contoh harga semasa GBP/USD)

MARGIN = 990usd

2. Untuk mengetahui total equity yang digunakan
Anda memilih leverage 1:500
Anda ingin trade USDCHF dengan 0.1 lot

Formula:

MARGIN = LOT X LEVERAGE RATE X Current price (convert to USD)

0.1lot X 200usd X (1.2400 => contoh harga semasa USD/CHF.
0.1lot X 200usd X 1.000usd
MARGIN = 20.00usd

EQUITY ialah perbezaan antara Balance dengan profit/loss

EQUITY= BALANCE +PROFIT/-LOSS

i'm still using crossover for my IBFX trading on Mac

AFAIK , apps running smooth

yerp

mt4setup.exe

i can run terminal.exe via crossover application

i dont heard anything related cab file on iPhone yet .

but u can use remote support software like logmein.com

yet, you need to pay for the service :-)

for iPhone , i use Forex OTG. we can use our MT4 account to do trading via iPhone.

Also need to pay 15 dolar for the usage

please find my post in this thread

tq

my testimonial yesterday trade, as EJ in bearish.

my technique = EW and BW chaos




p/s this posting is only to boost LYN morale . Regards

normally 85 pips ...but if i discovered any ranging , either i close the trade with 35-45 or i let it flow ...

usually , i will see monthly chart to do analysis . if monthly chart shows bearish , i will keep my trade as bear and vice-versa. but need to make sure your money management is really suits you .

but if we set your pip 4-5 dolar per pips ...then we can set trailing stop to 25-35 pips... :-)

better profit ...hehe

On the weekly dollar index chart, prices found the their lows around the 74.00 support region, where a Short C), sub-wave of a corrective blue wave B is complete. The market has already advanced by more than 500 points since the 74.19 lows were reached, which suggests that a new bullish trend is in progress with an impulsive start. Traders should see a bullish continuation over the coming weeks, towards the minimum 81.00-82.00 objective.

credit to TheLFB

yeah

For me , forex is not just trading , it is more than that .

forex trader is almost like technical analyst at OSK Securities but more low-profile .

i love forex as we able to read the market using the right instrument at the right time .

reading news , hearing market snapshot from CNN,BBC and Reuters , seems even better than fixed income job .

i wish i can be just like mr. billytong , can withdraw money anytime , anywhere in the world , then trading anytime , anywhere .



p/s trade what you see , not what you believe

i dont know how you measure this , but for me , since monthly chart for all pair below is bearish trend ..i will maintain my trade to bear .

I dont see any movement that will disturb those pair below

sell trade =GJ,EU,EJ,GU
buy trade = UJ

p/s please do check your money management before trade , it will help you in terms of controlling your capital ;-)