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Forex Version XIII, Foreign Exchange Market Discussion
Forex Version XIII, Foreign Exchange Market Discussion
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Apr 29 2014, 02:35 PM
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#141
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
Received a PM asking me what is my record on Majors for Long Term. Ok, there we go. This is something how I trade on earning swapping position on EJ. My record was 9 months holding EJ and from the 1st position till the end closing was somewhere around 1900 pips. It touches on 2200++ pips, but I decide to close it on 1900++ in the end. We can't have majors with thousand of pips for 2 months, but Exotic yes.
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Apr 29 2014, 02:49 PM
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#142
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(7premium @ Apr 29 2014, 02:38 PM) GA testing previously support turned resistance as seen on H4, am expecting a reversal, waiting for 1.80700 area to enter buy. I am expecting the reversal pullback will occurs somewhere around 1.833x, so it is pretty safe to me for entering now instead for waiting on it. It has bounces earlier, so I believe it won't have any pullback by now. Just my 2 cents opinion. Additionally, if 5 PM closing candle are good enough to covered the bearish candle, I believe my theories higher possible on its way. This post has been edited by tdoptions1689: Apr 29 2014, 02:52 PM |
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Apr 29 2014, 03:13 PM
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#143
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
By the way bro Doggystyle, I hope the Breadman Chinese guy doesn't kill you. Selling on the Cable ATM was just like killing itself. Hopefully some of mine will help you to recover, but of course I have to respect other trader doing and it is just my 2 cents opinion.
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Apr 29 2014, 04:37 PM
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#144
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(Doggystyle @ Apr 29 2014, 04:30 PM) Yo, thanks for the concern. I check my phone and notice my dd with breadman jumped quite a bit. Checked your position and notice it was the opposing side. Not good. Thought I'm going to let him close since its been going on for 3 weeks. Gotta pull the trigger myself this round. Pretty bad fundamental on the Cable this time. Definitely facing a lot of choppy after this. It can't hold through 5pm, expecting choppy now. Good 1 to end on the GBP/JPY 1st.Breadman has a bias on sell position from my 4 maths with him. Especially when price reach or approach historical high. Too bad his strategy to read if it's hitting resistance is as good as mine. Took some damage, but might as well be now than later. |
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Apr 29 2014, 04:43 PM
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#145
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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Apr 29 2014, 04:51 PM
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#146
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(7premium @ Apr 29 2014, 04:43 PM) Showing sign of reversal as of now, but i believe overall trend is still up, waiting for this pullback in to be over before entering buy, will look out for pin-bar at around 1.807/808 area. Because of some shit Fundamental, it hits back some. But I expect it won't go so far maybe. I am getting ready to do another hit on the Aussie later. Maybe another couple of hours, showing some great sign it wanna go down more. Expected already, if not I won't close most of position just now. Forecasting are too high at 0.9%, it is hard to get on even at forecast with the shit fundamental drama forecast figure. This post has been edited by tdoptions1689: Apr 29 2014, 04:55 PM |
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Apr 29 2014, 04:56 PM
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#147
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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Apr 29 2014, 04:58 PM
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#148
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
Pretty angry with that fxck EUR/GBP. From today onwards, it will added on those © grouping. No more fxcking EUR/GBP on my list.
This post has been edited by tdoptions1689: Apr 29 2014, 05:01 PM |
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Apr 29 2014, 05:07 PM
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#149
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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Apr 30 2014, 01:09 AM
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#150
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(7premium @ Apr 29 2014, 08:40 PM) Yep, indeed will go down more, targeting 1.808 then 1.803 now, after that most likely will go UP UP n UP. More drama soon to move the price down drastically this week. haha. Sorry for slow reply, just back from my weekly massage session. Don't see a point it will go there actually on your expectation. No more DRAMA till Thursday Evening for both of them, but KIWI DRAMA might give some impact on AUSSIE on tomorrow morning 9am. Hopefully this IMPACT will let the AUSSIE to give way. I bet tomorrow morning when I wake up, it shall already went up above 1.82xx maybe. 4H HAMMER had already show up, so next 12 hours shall on 3 BULLISH CANDLE. Hopefully those 3 candle will bring whole thing to 1.827x there. Good night, tired now after a great session. This post has been edited by tdoptions1689: Apr 30 2014, 01:17 AM |
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Apr 30 2014, 02:21 PM
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#151
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
Shoot that Aussie and Kiwi. Very bad entry, both holding there.
I know it will come down soon, very very soon. This post has been edited by tdoptions1689: Apr 30 2014, 02:27 PM |
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Apr 30 2014, 02:44 PM
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#152
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(Doggystyle @ Apr 30 2014, 02:39 PM) Not really choppy. Just a bit time consuming since it just hold there and slow climb. I believe next couple hours probably killing long candle coming. Just both Aussie and Kiwi holding, so if killing candle came, it will cover all those BULLISH candle. |
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Apr 30 2014, 03:13 PM
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#153
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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Apr 30 2014, 03:18 PM
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#154
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
I see more mainly on CANDLESTICK to estimate how future price movement usually. So I don't believe on those 3 Fundamental Analysis. It seems crazy, but it works to me always.
So now my expectation is AUD/USD has reached on top, Kiwi are started to declining. So it is a good sign killing candle will come soon. Hopefully. This post has been edited by tdoptions1689: Apr 30 2014, 03:19 PM |
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Apr 30 2014, 03:53 PM
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#155
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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Apr 30 2014, 03:57 PM
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#156
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(9kingsir @ Apr 30 2014, 03:55 PM) So it hit my signal again... Those interested in my signal please PM...thanks... Actually i wanted to write in the beginning that the signal has a 70% accuracy.. so I gain around 50 pips on single pair... |
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Apr 30 2014, 04:07 PM
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#157
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(7premium @ Apr 30 2014, 04:05 PM) What's for sure 1.485x is a significant support, not just normal, if breached there'll be retest also. Expecting a bounce from there, PA will tell Current PA 1.486x should be the final approach there. If it goes below 1.485x, I think my trade will ended up at SL although I give another 30 pips on EXOTIC for my SL. If closing CANDLE on this hour at 5pm keeping on top of 1.486x, it will bounce, and if closing below this, very high possible I will get stop out. This post has been edited by tdoptions1689: Apr 30 2014, 04:09 PM |
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Apr 30 2014, 04:21 PM
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#158
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
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Apr 30 2014, 04:23 PM
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#159
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(7premium @ Apr 30 2014, 04:19 PM) It's not unusual for price to go past key S/R level for 3hours and retrace back up in the final hour to leave a tail behind @H4.. all sorts of scenario can happen. But EA failed to break past resistance twice as seen on H1, so the downside momentum is strong at the moment. Nothing much to do I guess except to hedge or sit tight... Yes, if it create tail and come back, of course it can. But if this is closing, to me it has already bypass, so it will change everything. So 5pm CANDLE are pretty critical to me. Only close above 1.4869 I can consider it is safe to me. Otherwise, all is threaten PA. This post has been edited by tdoptions1689: Apr 30 2014, 04:24 PM |
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Apr 30 2014, 05:04 PM
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#160
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia |
QUOTE(Doggystyle @ Apr 30 2014, 04:44 PM) The irony is that when I follow some dude with a 1.5k dd I was like... 'ah just do your stuff'. But watching you guys discussing actively about things I'm involved in but don't really understand sure get my blood pumping. I want in on this crazy cult too. All those secret handshake and pass code hmm. I will drop out again TOP 500 on IMUSING again today with such sick DD. 8 weeks TOP 100 still on sight. Again, funny DRAMA out with red, EURO rose. Ps: kingsir could be perfect deviation from zulu hiding in plain sight. Just kidding boss. Shall I be happy, or shall I be crazy for the DD? Disappointing on myself today. This post has been edited by tdoptions1689: Apr 30 2014, 05:08 PM |
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