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 Forex | Version 8, Foreign Exchange Market Discussion

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billytong
post Feb 7 2011, 05:20 PM

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New year good opening +42pips x2 , As always Peeking Daily Chart pwn. They always should u the right direction biggrin.gif

*Just that I paid 21pips on the run up to 3625 shakehead.gif .... well overall still 63+ biggrin.gif
luqmanz
post Feb 7 2011, 05:28 PM

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QUOTE(billytong @ Feb 7 2011, 05:20 PM)
New year good opening +42pips x2 , As always Peeking Daily Chart pwn. They always should u the right direction biggrin.gif

*Just that I paid 21pips on the run up to 3625 shakehead.gif .... well overall still 63+  biggrin.gif
*
Good job !! thumbup.gif
Deani_77
post Feb 7 2011, 09:29 PM

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Market not look so stable since evening. Going up and down... Any hint...
jeanhl
post Feb 7 2011, 09:41 PM

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now only can see better price action after ny open. currently holding on eu.
billytong
post Feb 7 2011, 10:31 PM

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QUOTE(Deani_77 @ Feb 7 2011, 09:29 PM)
Market not look so stable since evening. Going up and down... Any hint...
*

What not stable? a clear sign of fall from 3-4hour/daily chart after the second 3625 attempt failed. Thats 100 pips fall is pretty much classic. Sadly I only grabbed half of it tho. tongue.gif


Just pay more attention on Long timeframe chart, they will give u an idea. The only risk here is trend change right after when u look at it, which is harder to be detect, but it takes days of weeks for that to change. Fundamentally Eurozone isnt that great enough to warrant Euro to be High Value.

This post has been edited by billytong: Feb 7 2011, 10:41 PM
Deani_77
post Feb 7 2011, 10:54 PM

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QUOTE(billytong @ Feb 7 2011, 10:31 PM)
What not stable? a clear sign of fall from 3-4hour/daily chart after the second 3625 attempt failed. Thats 100 pips fall is pretty much classic. Sadly I only grabbed half of it tho.  tongue.gif
Just pay more attention on Long timeframe chart, they will give u an idea. The only risk here is trend change right after when u look at it, which is harder to be detect, but it takes days of weeks for that to change. Fundamentally Eurozone isnt that great enough to warrant Euro to be High Value.
*
Just newbie try to read the market. Always my attention goes to short period (M30). Still a lot need to learn about this things. Anyway thanks for the advice... icon_rolleyes.gif
lanusb
post Feb 8 2011, 08:37 AM

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anyway to transfer our MYR to USD into paypal??
cmk96
post Feb 8 2011, 08:42 AM

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QUOTE(lanusb @ Feb 8 2011, 08:37 AM)
anyway to transfer our MYR to USD into paypal??
*
Just register your credit card into paypal.
lkhhkl
post Feb 8 2011, 10:21 AM

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any idea which broker house offer foreign shares trading in Malaysia? Online? Phone? Rates? rclxub.gif
luqmanz
post Feb 8 2011, 10:22 AM

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GU update ...

Technicals is a bit weird this morning ... I'm going to avoid trading the range between GU Pivot -> S1 ... .. outside of those range would be splendid.
siew_faiz
post Feb 8 2011, 12:11 PM

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QUOTE(lkhhkl @ Feb 8 2011, 10:21 AM)
any idea which broker house offer foreign shares trading in Malaysia? Online? Phone? Rates? rclxub.gif
*
Try OSK188.. The rate is quite reasonable
The Corre
post Feb 8 2011, 12:20 PM

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Just wondering, if anyone is familiar with Forex GrowthBot? I've been reading bout this and its supposed to be good. Should i avoid all this Bots?

I installed Instaforex and almost done reading Babypips.
luqmanz
post Feb 8 2011, 12:41 PM

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QUOTE(The Corre @ Feb 8 2011, 12:20 PM)
Just wondering, if anyone is familiar with Forex GrowthBot? I've been reading bout this and its supposed to be good. Should i avoid all this Bots?

I installed Instaforex and almost done reading Babypips.
*
Forget about all these bots .. they are dumb biggrin.gif biggrin.gif
SUSAllnGap
post Feb 8 2011, 02:00 PM

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QUOTE(luqmanz @ Feb 8 2011, 10:22 AM)
GU update ...

Technicals is a bit weird this morning ... I'm going to avoid trading the range between GU Pivot -> S1 ... .. outside of those range would be splendid.
*
AU and GU ranging, dunno why rolleyes.gif
The Corre
post Feb 8 2011, 02:12 PM

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QUOTE(luqmanz @ Feb 8 2011, 12:41 PM)
Forget about all these bots .. they are dumb  biggrin.gif  biggrin.gif
*
Ok thanks bro. rclxms.gif
kevler
post Feb 8 2011, 02:38 PM

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QUOTE(AllnGap @ Feb 8 2011, 02:00 PM)
AU and GU ranging, dunno why rolleyes.gif
*
yesterday i'm holding negative pips on EU GU ..almost -2000 dolar ...i'm almost want to close the trading as the pressure too high on me

what i do last night ...close my Mac, and go to sleep ..

then today i'm back to the business , and i'm closing some green pips to reduce the emotion sickness

btw , London calling in 100 minutes nod.gif
SUSAllnGap
post Feb 8 2011, 02:45 PM

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QUOTE(kevler @ Feb 8 2011, 02:38 PM)
yesterday i'm holding negative pips on EU GU ..almost -2000 dolar ...i'm almost want to close the trading as the pressure too high on me

what i do last night ...close my Mac, and go to sleep ..

then today i'm back to the business , and i'm closing some green pips to reduce the emotion sickness

btw , London calling in 100 minutes  nod.gif
*
crap 2k ?? i think you should counter trade your weekly position (or martingale it) and grab some first.

I did the same on GOLD, once it goes beyond my tolerance, i'll hedge it until it really wanna go my way, yes i'll lose some on the countertrade, but better than infinite diarrhea nod.gif
kevler
post Feb 8 2011, 04:29 PM

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QUOTE(AllnGap @ Feb 8 2011, 02:45 PM)
crap 2k ?? i think you should counter trade your weekly position (or martingale it) and grab some first.

I did the same on GOLD, once it goes beyond my tolerance, i'll hedge it until it really wanna go my way, yes i'll lose some on the countertrade, but better than infinite diarrhea  nod.gif
*
yup ..i have done my countertrade and manage to maintain it

damned i need to open new journal of my own trading ...to avoid same mistakes
SUSAllnGap
post Feb 8 2011, 05:12 PM

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wow, EU and GU is heading south again, it retest at the levels and failed to break.

Deani_77
post Feb 8 2011, 05:49 PM

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QUOTE(AllnGap @ Feb 8 2011, 05:12 PM)
wow, EU and GU is heading south again, it retest at the levels and failed to break.
*
It going up now but dunno to how many points... hmm.gif

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