Tks akib,....

I think using techs or funda's depend on what type of trader (or investor,... if you can call a forex enthusiast this) you are. For myself,... I am not too keen to go in and out, hence, I would like to have a very big picture of what's happening now and how today's events will affect future events.

I have applied techs to my investing style, but I found it to be not very accurate. I have before used 'longterm' Elliott Waves, 200ma to predict. The third wave always missed,... maybe my luck then.

Then some chartists recommended other time-periods but I found these charts being highly dependant on what supports are broken and what resistances are exceeded. Again,... I found my floors and my ceilings kept getting broken and hitting my stoplosses.

I seldom set TPs,... preferred to keep riding up,...

Bro,.. on the GBPJPY, with Brexit decisions going to and fro,... you need to pullout from a position quick ! You need to have tight SLs and TPs here. With the 'stability' of the yen,... chances to loose are higher.....

This morning,... RBA Govenor Rob Lowe (can't remember his name, I only remembered 'baldy' Glenn Stevens for I've spoken with him personally a few yrs ago,..) said they may not totally remove ideas of QE in Aust..

As of this morning, target for the RBA rate is 0.25%.

I wouldn't want to short AUDJPY too with the above news. I'll just stay away,...

Better I go long SGDMYR,....

Tks bro for the comment and the invite,..

Tks bro,... I'm not so confident of the USDJPY (sorry bro,.. not JPYUSD),... the moment Feds changes direction,... mati-lor,...

Recent dipping of USDJPY because Feds reiterated again that they WILL STOP dropping rates. But if,... POTUS says 1st phase trade deal can't happen this year, one will be caught in the wrong direction if world economy tumbles. USD regains safe haven status.

JMHO, bro,... better to watch AUDJPY,... more predictable, for me at least,...

...tq again, bro,... well,... I'll manage my risks this time by staying away from this risk, for now,... I've lost almost 7 zeroes of AUD earlier, only in AUDJPY forex....

Luckily can make back many times more from other investments,...

If I keep taking chances like this,... and loose,... wives and children will not be able to makan anymore,....

Morning bros,... yo guys are sharp,... sorry for revealing the figure here, I got excited chatting with bro DWRK yesterday,...

I meant to say 7-digits yesterday, not taking into account the cent positions.

Yeah,.. I had cutlosses in my PB and outside broker platforms totalling up to 900K+ AUD when the AUDJPY dropped-down the last few years.

I kept holding cos I was busy and many a time I forgot abt the positions.

Fortunately, my investments in other instruments made many times more and I could cover, without incurring MC first. I did a cutloss before MC was called upon me.

Glad I clarified,... looks like figures are very distinctive and very visible to forummers,...

One small mistake when revealing a number and people start pinpointing possible exaggerations in such numbers. But this is good - it's called check and balance,...

I observed it's better to stay away from numbers.

Sure,... tq very much, gents,... will try to make it, bro Akib,... bro DWRK, maybe can meet in future,....

Bro akib,... I'm a loser, bro,... just wanted to say this first,... Lost a lot because never took care of my pair,... I bought the pair many times in 2014, 2013, 2015,... I think,... at levels of above 100 also,....

Then when dropped to 95, bought some more,... then forgot abt it,....

Then this year,... 70+ only,....

CUTLOSS !!!!!!

Just sharing only,.... don't know if right to learn from me or not.

Tq bro for all replies,....

So,.. must organise a losers' gathering soon,... not winners' gathering,....

For those of us who have already lost,... $$ gone already,... nothing much can be done except to look forward to new investments,...

Bro paogeh,... if you're still holding-on to losing open positions, maybe can consider cutting loss to salvage what ever you have to fight another day,....

Tq and apologies for the late reply, bros,...

Was very busy with REIT merging in SG the last few days and preparing for the Christmas Family Driving Adventure in Switzerland now.

Okay,.. will keep in mind all yuo guys said in the above,... Hoping someday can meet too. Trade safely, bros,.. protect capital !

Tq bro,.. yeah, quite liked the activity too especially when you get to ride in the open carriage up the hill and launch from there,...

What stocks are you holding,...

Bro,... I don't know what your entry price is, but macro-wise, oil output by OPEC is said to be reducing after the IPO of Aramco this mth.

With reduction of oil output, naturally oil price will increase if the fear of less-demand is low. But the most recent news is that the first phase of the US-China trade truce will probably not take place anymore this year.

Secondly, please do cover the fact that your company may have company-specific issues, for which no positive macro-element be able to overcome.

For eg,.. I bought Eagle Energy Trust (EGL.UN) back in 2011, I think,.. Averaged down throughout the years. Today,... it (EGL) has gone into receivership. This is due to company-specific issues.

Just sharing some of my bad experiences,....

Ok bro,... tq for the reply,.. sometimes, must take a break first, then the mind becomes clearer and we suddenly 'KNOW' the objectives in our mind are RIGHT !