QUOTE(shajack @ Feb 1 2011, 09:10 AM)
Holiday mood i guess....5 out of 7 was profitable tho yesterday(mine tho 
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waaa... consider ang pau la... what u think of gu today )Forex | Version 8, Foreign Exchange Market Discussion
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 Feb 1 2011, 10:25 AM
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116 posts Joined: Jan 2010 
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Feb 1 2011, 11:01 AM
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Senior Member
872 posts Joined: Jun 2007 From: Kuala Lumpur(juz my body,LOl) 
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QUOTE(forexjr @ Feb 1 2011, 11:25 AM) waaa... consider ang pau la... what u think of gu today Small time lol,still building up...better ask veteran ere  ...big noob ere  |
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Feb 1 2011, 12:22 PM
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Senior Member
2,185 posts Joined: Oct 2005
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Hello all ...
A lot of hot news today .... so much profit opportunity ... lets wait for the GU news at 3 pm ... |
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Feb 1 2011, 12:28 PM
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Senior Member
872 posts Joined: Jun 2007 From: Kuala Lumpur(juz my body,LOl)
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Huhuhu,been holding -ve since yesterday...wanna close trade today,@hometown cant trade
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Feb 1 2011, 12:40 PM
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116 posts Joined: Jan 2010
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QUOTE(luqmanz @ Feb 1 2011, 12:22 PM) Hello all ... sifu is back.... any hint la....A lot of hot news today .... so much profit opportunity ... lets wait for the GU news at 3 pm ... |
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Feb 1 2011, 12:50 PM
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Senior Member
2,185 posts Joined: Oct 2005
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QUOTE(forexjr @ Feb 1 2011, 12:40 PM) sifu is back.... any hint la.... Still too early to tell ... need to see more price action ... |
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Feb 1 2011, 09:09 PM
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26 posts Joined: Aug 2010
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QUOTE(luqmanz @ Jan 29 2011, 09:24 PM) Its better if u use Metatrader 4 ... but anyway since you arent using that .... I notice that the formulas used in the calculator you gave us are different from the ordinary ones i found in the internet.Open your Daily chart ... Jot down Yesterdays Highest and Lowest Yesterday closing price and open price Goto to this site for the calculator ... choose Classic formula http://www.mypivots.com/calculators/pivot-...calculator.aspx Key-in the prices to calculate pivots In Oanda ... draw the lines yourself ...  The formulas i know are Resistance 3 = High + 2*(Pivot - Low) Resistance 2 = Pivot + (R1 - S1) Resistance 1 = 2 * Pivot - Low Pivot Point = ( High + Close + Low )/3 Support 1 = 2 * Pivot - High Support 2 = Pivot - (R1 - S1) Support 3 = Low - 2*(High - Pivot) and from here http://www.babypips.com/school/how-to-calc...vot-points.html Would you mind explain to us what are the difference they made and which one should we follow? Thanks in advance.. |
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Feb 1 2011, 09:27 PM
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2,185 posts Joined: Oct 2005
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QUOTE(ctleong @ Feb 1 2011, 09:09 PM) I notice that the formulas used in the calculator you gave us are different from the ordinary ones i found in the internet. Have u tried calculating them? ... I think they give the same value ... The formulas i know are Resistance 3 = High + 2*(Pivot - Low) Resistance 2 = Pivot + (R1 - S1) Resistance 1 = 2 * Pivot - Low Pivot Point = ( High + Close + Low )/3 Support 1 = 2 * Pivot - High Support 2 = Pivot - (R1 - S1) Support 3 = Low - 2*(High - Pivot) and from here http://www.babypips.com/school/how-to-calc...vot-points.html Would you mind explain to us what are the difference they made and which one should we follow? Thanks in advance.. |
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Feb 1 2011, 09:44 PM
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Junior Member
26 posts Joined: Aug 2010
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QUOTE(luqmanz @ Feb 1 2011, 10:27 PM) Have u tried calculating them? ... I think they give the same value ... PP, S1, S2, R1 and R2 are the same. Only S3 and R3 are different. S4 and R4 i dont know, cause those sites i read only give formulas till S3 and R3.it allows us to choose between formulas. for S3 and R3, the default formulas are PP+Range*2 and PP-Range*2. but if i select the formulas below them, they give the S3 and R3 according to the ones calculated from babypips.com. u know wat the differences? and which one to use?? This post has been edited by ctleong: Feb 1 2011, 09:51 PM |
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Feb 1 2011, 09:48 PM
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Senior Member
2,185 posts Joined: Oct 2005
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QUOTE(ctleong @ Feb 1 2011, 09:44 PM) PP, S1, S2, R1 and R2 are the same. Only S3 and R3 are different. S4 and R4 i dont know, cause those sites i read only give formulas till S3 and R3. I use mypivots.com version |
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Feb 1 2011, 09:53 PM
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Junior Member
26 posts Joined: Aug 2010
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QUOTE(luqmanz @ Feb 1 2011, 10:48 PM) I use mypivots.com version i see..follow the sifu then "no die" la |
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Feb 1 2011, 09:57 PM
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Senior Member
2,185 posts Joined: Oct 2005
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QUOTE(ctleong @ Feb 1 2011, 09:44 PM) PP, S1, S2, R1 and R2 are the same. Only S3 and R3 are different. S4 and R4 i dont know, cause those sites i read only give formulas till S3 and R3. My R3 for GU is 1.6330 .... choose the one that matches that ...it allows us to choose between formulas. for S3 and R3, the default formulas are PP+Range*2 and PP-Range*2. but if i select the formulas below them, they give the S3 and R3 according to the ones calculated from babypips.com. u know wat the differences? and which one to use?? I dont use R4 and S4... This post has been edited by luqmanz: Feb 1 2011, 09:57 PM |
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Feb 2 2011, 01:09 PM
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Junior Member
116 posts Joined: Jan 2010
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sifus... one question??... what is the best chart to use ? 5, 15, 0r 1 hr.... any suggestion?? why so quiet one... wish every one happy new year...
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Feb 2 2011, 01:16 PM
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Senior Member
2,939 posts Joined: Oct 2004 From: localhost
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trading update
all my trading already in green pips ..for all pairs below GU GJ EJ EU and i'm waiting for next pending trade for all pairs below , as i'm testing new correlation on some potential pairs below AUD = buy NZUSD = buy EURAUD = sell will update my next trade setup |
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Feb 2 2011, 01:49 PM
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Junior Member
116 posts Joined: Jan 2010
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QUOTE(kevler @ Feb 2 2011, 01:16 PM) trading update me.... still red... always make wrong move... now dont know where to head on alsoall my trading already in green pips ..for all pairs below GU GJ EJ EU and i'm waiting for next pending trade for all pairs below , as i'm testing new correlation on some potential pairs below AUD = buy NZUSD = buy EURAUD = sell will update my next trade setup |
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Feb 2 2011, 02:48 PM
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Senior Member
2,939 posts Joined: Oct 2004 From: localhost
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QUOTE(forexjr @ Feb 2 2011, 01:49 PM) me.... still red... always make wrong move... now dont know where to head on also your situation as same as my trade during my early days on trading..need more patience on market analysis . plan your trade ..and then , trade your plan . usually , if i have problem with technical analysis , i will check with those guys in forexfactory , forex-tsd and fxfisherman...those are hardcore's in trading and stocks |
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Feb 2 2011, 02:59 PM
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Senior Member
2,185 posts Joined: Oct 2005
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My GU area of interest for today is between 1.6107 and 1.6049 (Pivot - S1)
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Feb 2 2011, 04:21 PM
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Junior Member
116 posts Joined: Jan 2010
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QUOTE(luqmanz @ Feb 2 2011, 02:59 PM) My GU area of interest for today is between 1.6107 and 1.6049 (Pivot - S1) funny... i use mypivot.com but my s1 is different.. maybe my reading from oanda chart is different.. is it possible??Added on February 2, 2011, 4:26 pmfrom my chart gu is ranging between mid point and r1...sakit hati lorrrrr Added on February 2, 2011, 5:48 pmgu break s1 on my chart... Added on February 2, 2011, 5:49 pmr1.. not s1 This post has been edited by forexjr: Feb 2 2011, 05:49 PM |
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Feb 2 2011, 06:15 PM
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Junior Member
491 posts Joined: Apr 2006 From: KL - KK
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QUOTE(Sham903n @ Jan 22 2011, 01:35 PM) Im looking at GU to possibly hit 1.6200 or some where near it.. next week or 2.. and then goodbye bull... hello bear-around 750pip or 370pip down then bull again.. ( trade with your own risk guess it took 1 week... let see if its dropping soon... )Not as long term as above chart thou.... *but doesnt really matter to me cause which way it choose to go.. its $$* This post has been edited by Sham903n: Feb 2 2011, 06:51 PM |
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Feb 2 2011, 06:21 PM
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Senior Member
2,185 posts Joined: Oct 2005
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QUOTE(luqmanz @ Feb 2 2011, 02:59 PM) My GU area of interest for today is between 1.6107 and 1.6049 (Pivot - S1) I looking to Tp at 6143 or 6259 |
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