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 Forex Version 10, Foreign Exchange Market Discussion

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poks
post May 24 2012, 01:57 PM

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i'm still on the buying side at this moment..
previous position went down the drain. did't cover that position on pullback sweat.gif ...
anyway.. 1H chart developing something good...
went in at breakout level .. let's see how long can we go biggrin.gif
poks
post May 24 2012, 03:00 PM

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you went in too early eh mr rime laugh.gif
1563.73 is the level i'm looking at to break to 158x ...
on 1D pin bar formation after trying to take last week low might just help..
anyway ... watch out your SL level .... lol

This post has been edited by poks: May 24 2012, 03:01 PM
poks
post May 24 2012, 06:27 PM

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I was in at 1555 earlier at pullback...
If price close above 156x .. I view it as buy..
Wil not add position till monday high is taken out..
poks
post May 24 2012, 07:45 PM

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QUOTE(jacktan1888 @ May 24 2012, 07:03 PM)
how do u trade is it scalping??
*
i don't actually scalp.. mr rime do...
i hold my position longer... and i trade seldom ... busy with other thing..
this is the pullback i was referring to... see the blue bold line ...
after bouncing previous low... i can only assume it to be buy + pin bar on 1D ... entry??? depends on you.
the pink line can be a good entry/support.. if it fail... then it'll be a range trading ...



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poks
post May 24 2012, 10:45 PM

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ohhh... can't see that...
just $50 ....

here's some fun reading ..
http://www.hardrightedge.com/tactics/swing/goldenrules.htm
http://www.hardrightedge.com/tactics/swing/losingmoney.htm

This post has been edited by poks: May 24 2012, 11:05 PM
poks
post May 25 2012, 03:39 PM

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QUOTE(mr.rime @ May 25 2012, 01:21 AM)
Close my 1551 trade at 1561....back to long small lil trade of 1561
careful man...
the down trend line holding really strong last night ...
there might be someone around the corner to sell tongue.gif
poks
post May 25 2012, 03:50 PM

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still holding long at 1555 and 1553 ...
will close 1 of them...
going for long holiday next week.... wachaa !!!
poks
post May 26 2012, 08:22 AM

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QUOTE(jacktan1888 @ May 26 2012, 01:33 AM)
bro u hold for how long, why u don't scared??
*
LOL ....

i've set my mind that i'll lose my money when i put in my orders...
i'm trading based on 1D to 1W chart...
i don't mind losing money ... i only get hurt when i'm wrong in my analysis....
poks
post May 26 2012, 05:25 PM

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QUOTE(jacktan1888 @ May 26 2012, 02:30 PM)
so u r doing position trading , u enter with daily chart , then u hold overnight , m i right??
*
Errr... position trading? I don't know.
As long as 1D chart allow... I'll keep my position..
Entering trade at 1H with 4H..
How bout you?
poks
post May 26 2012, 08:18 PM

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I still think gold is a buy long term..
Friday was good..
I'm depending on monday close to think what to do next... At 1H, it broke the down trend line... We might get pull back...

*someone always miss the bus.. That's why we have pull back ... Lol
poks
post May 27 2012, 04:23 PM

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gold i'm looking at ....
those 2 square areas is where i'll be waiting biggrin.gif
will be nice if price break 1600 .....


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poks
post May 29 2012, 01:06 PM

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QUOTE(on9acc @ May 28 2012, 10:41 PM)
as you can see, USD is raise against EURO
*
what will it be today sir?

mr rime... it happen all the time ... lol
**just fill in the complaint form**
poks
post Jun 2 2012, 08:16 PM

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QUOTE(Ken.B @ Jun 1 2012, 12:02 AM)
Hi Sifus. i have some questions that i want to ask.
For the chart above, the candlestick, bollinger bands and rsi indicates a bear trend.

Why does it rebound back?

Thank you thank you notworthy.gif
*
since mr Quinn mentioned me biggrin.gif

all from my experience;
1. the concept for rsi, stoc is to buy on oversold & sell on overbought ... which is on the contrary of what were done by you ..
2. BB take profit is at the 20MA.. sell on top of band & buy on bottom of band ( which is true sometime on a ranging market)
3. you are trading at major support (see 1M chart) .. always mark your S&R at bigger time frame..
5. you're trading M1 .... man... i can't do that... those are big traders' time frame... biggrin.gif


Added on June 2, 2012, 8:58 pm
QUOTE(solstice818 @ Jun 2 2012, 02:29 AM)
Whoever long GOLD will be laughing like mad now....
*
LOL like mad ....

This post has been edited by poks: Jun 2 2012, 08:58 PM
poks
post Jun 4 2012, 10:59 AM

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i won't be adding any position on gold at this moment ...
looking at audusd ... buying order at 096394+- which is 50% retrace of friday pin bar...
***missed just fraction of a pip cry.gif


Added on June 4, 2012, 11:01 am
QUOTE(Shah.Legno @ Jun 4 2012, 01:17 AM)
yes..it should explain enough..good one thumbup.gif
*
it all depends on your trading strategy / plan...
as for me, i can trade from 1H to 1W frame...
below 1H i just can't do it biggrin.gif

This post has been edited by poks: Jun 4 2012, 05:48 PM
poks
post Jun 4 2012, 06:20 PM

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i'm still waiting gold to break 1630...
scalp some at 1616..
long day since london is closed...
mr rime... where r u? biggrin.gif
poks
post Jun 4 2012, 09:11 PM

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i might go long... depending on how the price break..
at this moment.. 1H formed pin bar... nice setup but it din't fill me at support ...
another waiting game for me again...
poks
post Jun 7 2012, 09:55 PM

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uncle ben will be speaking soon... looking from side line...
let's see if there are any good news ...
poks
post Jun 7 2012, 11:00 PM

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to those who are lost in their way to find a broker ...
hopefully you guys will be saved !!


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poks
post Jun 7 2012, 11:44 PM

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QUOTE(solstice818 @ Jun 7 2012, 11:36 PM)
I see massive drop in gold and it will drop more! Been short since 1605
*
hmm.gif

i'm still holding on my long since last week at support..
still in buy mode.. price reached 50% of last week big move...
might want to be careful there...

if SL hit still profit if not still in profit .. wonderful world ...
i see another support entry ..

poks
post Jun 8 2012, 11:04 AM

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my position stopped happy.gif
no worry few thousand pips in hand...

gonna leave gold for the time being...
audusd look promising .... looonnggg.... LOL



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