i dont want to be crazy ...but i have set some pending orders for all trade below ..

i long aud again at 1.005...target 1.01....no SL...will leave it cz entering small orders..jus to test my prediction as evy1 aiming down....

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Added on November 17, 2011, 10:45 ameventually...i takebprofit at 1.0078...+28pips within a cofee vreak is good enouugh...looking forward whatvwill the market heading to today...if aud realli go below 1.000,i will fullforce long from there...

This post has been edited by mr.rime: Nov 17 2011, 10:45 AM

i'm still positive that aud will bearish ...anyway TAYOR ...i'm still looking into the trend and it still positive bear ...for now ...i reckon

u can go for scalping or short-term trade ...within 20-30 pips and control it ..close it whenever u got chances ..

i like to go for long-term trade ...and i will put more trade post if the trend on my side

This post has been edited by kevler: Nov 17 2011, 10:52 AM

Hi guys, may I know which forex trading website is the most reliable for malaysian?

i reckon wat u say as well..but somehow it almost bear bottom line...anythimg below 1.000 would b good long...im waiting..but i wouldnt short anything for nw...will onli long if i see the target i want...

yup...see ...from my perspective ...got minor corrective mode here and there ...in the chart .

so..u can stay put with current trade (if green pips) ...also trailing stop activated to avoid the market against you.

else you can check first H1 or H4 chart to confirm your trade .

p/s me myself still using weekly chart as i'm longterm trader :-)

the best part is , all of my post trade above , already activated this morning ..damned i like this part ...this is it

more dramas ...more psychology ...

Gold down 10 dollars in 1 minute??!!!

i long aud at 1.0035....target 1.01... looking at the graph, a double bottom graph is on the way!

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Added on November 17, 2011, 8:56 pmhaha...closed +30pips..within 30min.....waiting for anther rigth time ...update again later!

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Added on November 18, 2011, 1:39 amaud goes below 1.000..... time to go long for me....for a long term!!...goodnite!


This post has been edited by mr.rime: Nov 18 2011, 01:39 AM

more downside for Eur/Jpy


Eur/Jpy moved significantly lower from start of November, as three-wave of recovery from 100.70 found the pick at 111.50 region, where "C" wave was equal to wave "A" almost on pip!

When an impulsive decline occurred two weeks back from top and then price action slowed down for a few days, we warned our subscribers that this is just a first leg of three down, which were our minimum expectations at that time, and that Eur/Jpy will fall deeper.

Since then pair fell nicely, another 340 pips into the 104.70 region. But notice that this level was broken, so now we actually have five legs down from November highs, so we count the move as one-two one-two extremely bearish set-up.

But even if you count the move corrective way from the top, the downtrend is incomplete! Why? Because corrections are never structured in five waves, so even if we count it as a double zig-zag the bearish trend is incomplete!

Anybody has a copy of TheStar paper today? I cant get my hand on 1... those who read, can share whats the idea of it?

http://thestar.com.my/news/story.asp?file=...0922&sec=nation

Anyone know which broker company involve in this ?

I dunno which broker company.. But I do know they mostly swindled people mostly in Kuching and KK. Timber money.

But their office is in KL tho.

omg...i put a trade profit for aud at 1.0055.....i reach 1-2pips below my target n down back....=sad sad....but still positive now...all in for aud below 1.00000

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Added on November 18, 2011, 6:43 pmomg...i put a trade profit for aud at 1.0055.....i reach 1-2pips below my target n down back....=sad sad....but still positive now...all in for aud below 1.00000

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Added on November 18, 2011, 7:48 pmfinally...target reach for short term...due to large long amount.....great day!!

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Added on November 18, 2011, 8:32 pmIF.............haha.....how r u guys out there?


This post has been edited by mr.rime: Nov 18 2011, 08:32 PM

Can anyone explain how does the channel and trend line works? How to differentiate sideways from up or down? And most of all not forcing the line on the market? Don't get it on baby pips. A lot more for me to learn.

long aud!....target 1.008

preferred short ...until 0.98xx

You need time to learn how to draw, identify and trade a valid TL.
Of course have to be prepared of scenario where you have an invalid TL drawn.

An example of TL on today EU chart.
Long @ breakout of TL (of course with some other supporting TA + proper money management).

You may want to try checkout at AU m15 chart. Very similiar TL to this EU, which yet to be broken.

This post has been edited by mphpopular: Nov 18 2011, 11:47 PM


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closed 1.0065....
i dont think aud will drop til that lvl for now..
hardly can go below 0.995...supporting lvl vy strong

ok noted ...i'm also still analyzing the trend now :-)