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 Forex Version XI, Foreign Exchange Market Discussion

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poks
post Jan 25 2013, 08:16 AM

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boyvai... waiting will be the next logical thing to do happy.gif
going to study jpy crosses especially gbpjpy and eurjpy..
look like interesting movement which is overbulled in my view..
anyway.. good luck trading today to all.
flipflap
post Jan 25 2013, 08:31 AM

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QUOTE(poks @ Jan 24 2013, 08:12 PM)
boyvai ..
look at 4H. bounce off support.
1D indecision bar. best bet is reversal. where to enter? can't help you there biggrin.gif
draw some diamond for fun..
looking at nzdusd.. 4H  to retest 0.84391.
break that level, putting some short..
tayor..

mr flipflap, decent = good
*
Pok - thanks.

Nice ABC pattern (your diamond) on gbpjpy there.. I'm gonna stay out of JPY & crosses, JPY looks over extended but JPY has always been a weird one.. I'm just gonna stay out and keep watching..

Anyway, I'm watching Gold at the moment.. waiting for it to break the long term trend line to go short
poks
post Jan 25 2013, 08:41 AM

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flipflap,
lol, that diamond is just to point out to boyvai since he do trade patterns.

i'll be careful shorting gold at this moment. closed mine earlier last night since shorting earlier this week. atm, it seem gold having a problem diving down which i'll stay out of.. then again it's just my pov.

jpy & chf pairs are risky to trade. but when the movement says so, there are nothing i can do except to follow orders biggrin.gif

btw, is that your website (on your siggy?)
exfx
post Jan 25 2013, 10:44 AM

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try to comeback for trading
tryer with eu,au
SUSproject68
post Jan 25 2013, 03:24 PM

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just taking a nap for a while,wake up eurusd already spike,why good things have to be like this? laugh.gif
flipflap
post Jan 25 2013, 04:39 PM

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QUOTE(poks @ Jan 25 2013, 09:41 AM)
flipflap,
lol, that diamond is just to point out to boyvai since he do trade patterns.

i'll be careful shorting gold at this moment. closed mine earlier last night since shorting earlier this week. atm, it seem gold having a problem diving down which i'll stay out of.. then again it's just  my pov.

jpy & chf pairs are risky to trade. but when the movement says so, there are nothing i can do except to follow orders  biggrin.gif

btw, is that your website (on your siggy?)
*
Hi Pok,

Yup, i write a lot on Trading Psychology.

I'm in Gold now, short since it broke below the low of 22/1 daily bar. SL at BE now, so jsut going to watch. I agree with you tho.. Gold is not very clear... will see how the bar closes at the end of today.

haha.. nice one.. keep it simple.. just follow the orders thumbup.gif

I haven't looked at chf & crosses until recently..
mchicken
post Jan 25 2013, 05:12 PM

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EJ is rising 500pips... who manage to ride the trend since early? Thats so much fun.
Shah.Legno
post Jan 25 2013, 08:59 PM

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QUOTE(project68 @ Jan 25 2013, 03:24 PM)
just taking a nap for a while,wake up eurusd already spike,why good things have to be like this? laugh.gif
*
EU is breakout bullish move today...no more bearish move, focus a move to 1.3650 and 1.4150 price for long term...

today EU will make a 200 pips move!! yeah...already take a buy position a lot... icon_idea.gif

This post has been edited by Shah.Legno: Jan 25 2013, 09:00 PM
flipflap
post Jan 26 2013, 11:00 AM

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Just my thought. Not a Elliott Wave trader but I quite like this one.



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solstice818
post Jan 27 2013, 12:40 AM

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QUOTE(Shah.Legno @ Jan 25 2013, 08:59 PM)
EU is breakout bullish move today...no more bearish move, focus a move to 1.3650 and 1.4150 price for long term...

today EU will make a 200 pips move!! yeah...already take a buy position a lot...  icon_idea.gif
*
There is hidden bear div. A retrace might be on the card before further upmove. and 3480 is a strong resistance, Breaking that would see us at 3520 and breaking it again would land us at 3550/60/70
SUSproject68
post Jan 27 2013, 11:49 AM

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QUOTE(solstice818 @ Jan 27 2013, 12:40 AM)
There is hidden bear div.  A retrace might be on the card before further upmove. and 3480 is a strong resistance, Breaking that would see us at 3520 and breaking it again would land us at 3550/60/70
*
imo this week the price might not pass 3500 area,next week maybe sweat.gif

now i feel regret abit didnt take long earlier,my system already give buy signal but 'some' pro trader at forexfactory keep saying the price never reach 3400 area,next time need to make decision by myself sad.gif
Shah.Legno
post Jan 27 2013, 11:46 PM

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QUOTE(solstice818 @ Jan 27 2013, 12:40 AM)
There is hidden bear div.  A retrace might be on the card before further upmove. and 3480 is a strong resistance, Breaking that would see us at 3520 and breaking it again would land us at 3550/60/70
*
Yes...dats of cozz...retracement is a must before it move much more, i'm already beware of that...but the price target is not so far away...

i already make the analysis until Monthly timeframe.. smile.gif
flipflap
post Jan 28 2013, 08:51 AM

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QUOTE(project68 @ Jan 27 2013, 12:49 PM)
imo this week the price might not pass 3500 area,next week maybe  sweat.gif

now i feel regret abit didnt take long earlier,my system already give buy signal but 'some' pro trader at forexfactory keep saying the price never reach 3400 area,next time need to make decision by myself  sad.gif
*
Hi Project68,

Sorry, hope you don't mind me saying. I thnk you should start to learn to trust your own analysis. Its good to know how others analyse the market but its dangerous to rely on others. Instead, learn to make mistakes. Maybe demo trade them if you're not sure?

anyway, just my 2 cents. ignore me if you think its irrelevant.
SUSproject68
post Jan 28 2013, 09:49 AM

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QUOTE(flipflap @ Jan 28 2013, 08:51 AM)
Hi Project68,

Sorry, hope you don't mind me saying. I thnk you should start to learn to trust your own analysis. Its good to know how others analyse the market but its dangerous to rely on others. Instead, learn to make mistakes. Maybe demo trade them if you're not sure?

anyway, just my 2 cents. ignore me if you think its irrelevant.
*
its alright,usually i didnt trust other people too,but since last week eurusd price action is really ****ed up,i didnt have the guts to take long order since im trading with live account sweat.gif
kingkong999
post Jan 28 2013, 12:08 PM

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sharing updates for today news.

http://www.janganpeningkepala.com/forum/be...3-isnin.html#34
boyvai
post Jan 28 2013, 01:40 PM

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gbpjpy divergence tf4.
double top?maybe still in correction wave.beginning wace c structure?or wave 1 structure now,impulsive.or truncuated wave 5 at 144.xxx high?


SUSproject68
post Jan 28 2013, 04:00 PM

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close eu short,sked wan hold this long...will watch from behind
Darkmage12
post Jan 28 2013, 04:10 PM

shhhhhhhhh come i tell you something hehe
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EU ride last week was great. This week will continue any roller coaster ride man hahaha
FLampard
post Jan 29 2013, 03:55 AM

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guys...any mql4 expert here? also any threads i can read for forex beginners?
flipflap
post Jan 29 2013, 10:17 AM

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QUOTE(project68 @ Jan 28 2013, 10:49 AM)
its alright,usually i didnt trust other people too,but since last week eurusd price action is really ****ed up,i didnt have the guts to take long order since im trading with live account  sweat.gif
*
haha.. I know how that feels, yen is equally screwed... I placed an order to go long on yen on the 9 Nov but messed up the trade by changing my stop, i still haven't found a good entry.. and well.. i guess I'm still kicking myself since then..

rules are rules.. such is the life of a trader i guess.. lol..

as for EU, price is very bullish at the moment, even the COT sentiment is changing, I'll need a technical set up to go long.. none for me yet.. sigh..

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