one thing that i realise when i trade,smoke more than normal,cant keep my eye off the screen..haish..

hahaha...u smoke...i nid a punching bag...

NY open in 24 min

updated

still holding EJ and GJ ...with 30-80 pips

and nevertheless , trailing stop activated to prevent any unexpected event :-)

already calculate my stop loss wont kena margin call 1 .. so no need scare margin call. lol.but it onli takes around 4 straight losses to wipe out all my acc... coz tradin wit BIG contract size comparin to my capital..lol! love d challenge though. makes me more alert n every trade wont simply open contract


ooo..mayb dats reason different from MT4...lol...

kevler,whats the main strategy u use ? scalping ? long term ?

i'm more into long term .. i love to do scalping , but not satisfy me at all ...

for other people : waiting is suffering
for me : waiting is a bless

happy pipping..... UT dapat makan DT makan tepi... all can eat..

GREED is my most feared enemy in trading.
ok now how can i avoid dat??
lost usd200 in 3hours yesterday liao..
haihzz..

use multiple lot strategy. 3 lots, when hit 20pips, scale out 2 lot, the other 1lot set stop loss to break even and use trailing stop or higher TP level.

the other method which is more advanced and needs more training. MUST ENDURE the FLUCTUATION

Align all trades with LONG TERM direction. use multiple lots strategy. some for long term and some for short term scalping.
but you must be able to hold the losses for quite sometime before the long term will turn green again.




i made about $700 yesterday but wasnt too happy coz i couldnt get good sleep.
then had to go out for supper coz stayed up till 2am, pants getting tighter every month
this money is killing my health ,

i have to find a solution for it...

---

Added on March 10, 2011, 8:31 amNZD broken weekly chart TL, can short it
AUD looks like heading south very soon

This post has been edited by AllnGap: Mar 10 2011, 08:31 AM

GBPUSD is still a sell for me .. hmm ....

yup i saw that sell signal at M30

but for daily chart ..still bullish ..

i saw got bearish divergence on daily chart, if it touch 1.63 again, i'll short from there.

tonight and tomorrow should be very interesting

trying to close tis week's trade...5 -ve trade left

my crystall balls says GU in d mid of makin d moves. its still in d states of equilibrium...

EU no comment... d pullbacks so strong....

waiting for breakout



This post has been edited by kevler: Mar 10 2011, 02:55 PM

I LOLed, I got ~RM1.9K in 22mins what a beautiful drop. I just wish everyday is like this fast

Intermarket Analysis for today ... GBPUSD

US Dollar Index - Daily Trend USD is Buy.
GBPUSD futures - Buy
Gold (USD) - Sell
Gold (GBP) - Buy
Crude Oil - Sell
E-mini S&P 500- Sell
T-Notes (2 Years) - Buy

Conclusion GBPUSD is Sell today for me ...

well they are de-leveraging the USD short, this is more like profit taking. Euro summit is coming by tomorrow, nobody want a surprise bad news like Portugal bailout.

I think if the bailout comes true, it will be a 1-2 more weeks of bearish. I am still wondering will ECB gonna hike rate, its like killing Greece/Portugal/Irish and other debt countries if they wish to do it.

The FED seems to be smarter these days.

you think it is a coincidence they cough out the interest rate hike ?

it rallied to 1.400 and nose dive from there, someone had to liquidate their position

yet ..i'm still holding EJ ..though it is red pips ..wahakakaka