hmm...must work harder...2 more days till the market opens again for the time being, lets learn how to trade forex first..

the past 2 weeks not bad...out of 39 positions, lost 3...have to improve...

lets have a brief outlook of next week's price direction

how much pips u get daily? how much percent of daily capital increase u earn daily?

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Added on May 10, 2008, 7:47 pm

i already expect for that question.

its because i cant afford to look at chart every minutes. i hav to go out too. watching tv, eat, blabla

and i try to to keep at least one position opened since morning i wake up until at night before i go to sleep.

im a scalper. i dont like to waste pips that i know i can chase.

Post your results on a blog ! no point saying it here, unless you want to pat yourself on the back

that one i don't practice SL...remember last trade? i was hoping for retracement..that time i was never looking for trendline...hmm...

GJ 195...i think..i reach margin call and bankrup...then i went in again..then thats why im asking "feng shui"...i open business in a wrong day..hahhaha!!....

but now..regain it back slowly....

Gj seems down trend ...and bounce back right now...better watch out...

 

then what can i post here? 

i was saying that to someone else as i always asked how was his trading 

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Added on May 10, 2008, 10:18 pm



long time no see bro..good to have you back! 

just my little thoughts bout GJ...it might reverse and head towards 203.33

edit: after moving up to 202.27, bounce back down to 201.06, then head up to 203.33...forming last 3 waves of EW...

just my 2 cents

ahhaha...always going opposite with you lar...

maybe you post your chart...discuss what you see...

btw..i'm not trading on GJ..

i dunno wther got rebound or not... but d TP for triple tops still not hit yet..  n also d final few hours not enough to form any pattern, so therefore , i dunno wat to expect on monday... lol

waa...... jus spot another bump n run!!! can short again ooo hopefully it will not close above d yellow line for 2 bars..  i use d trendline at d most to d left side... but this bump n run vry difficult to form though... coz it was tradin vry near to d yellow trendline..

The correct method for tracking the stock market is to use semilogarithmic chart paper, since the market's history is sensibly related only on a percentage basis. The investor is concerned with percentage gain or loss, not the number of points traveled in a market average. For instance, ten points in the DJIA in 1980 meant nothing, a one percent move. In the early 1920s, ten points meant a ten percent move, quite a bit more important. For ease of charting, however, we suggest using semilog scale only for long term plots, where the difference is especially noticeable. Arithmetic scale is quite acceptable for tracking hourly waves since a 300 point rally with the DJIA at 5000 is not much different in percentage terms from a 300 point rally with the DJIA at 6000. Thus, channeling techniques work acceptably well on arithmetic scale with shorter term moves.

yeah... 1 2 3 4 5 - a b c
what's interesting most is, what'll happen after c...