wow...EU attempting to attack resistace at 1.5609...a rather strong resistace though..
aihs...UJ went down..see can break support at 104.65 or not...third attempt to break higher

ooh..no wonder...look at attachment-UJ..50% is congestive area..

slow slow lar friend..no need rush

nice bro...but the attempt to break resistance seems to be still going on...may reach previous high of 0.9540 (attach AU)


Good Luck, Pippers


Attached thumbnail(s)

AUD/USD . Haiz. It does go downward. But i am not sure what happen in this hour that made the pair have a such deep decline. By the way. Juz wan to say. This trade i fail already. Bcoz setting too low stop loss.. It touch my stop loss then gone down... So wish i make the stop loss more 5 pips.

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Added on May 6, 2008, 12:48 pmBy the way, one more question. Where can i have all those list of the economic calendar? I don't want get involve in any economic news. Can anyone let me know? Thanks

This post has been edited by mphpopular: May 6 2008, 12:48 PM

ok.

i guess its still a long way for me

sigh...got it all wrong today...

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Added on May 6, 2008, 6:55 pmyou can get it from most brokers' website. I use i-google for forex news

This post has been edited by small-jeff: May 6 2008, 06:55 PM

finally... today good predictions for GJ n UJ... thought wanna trade someore..but cant. my girl girl sick liao...

moreover, im still in a process to regain bc my confidence.. lol...

edited:

UJ -> inverted bump n run + double tops. = confirm go down 1..

GJ ->adam n eve + d break of trendline = kau kau confirm... moreover d downside still alot.. ^.^

This post has been edited by low yat 82: May 6 2008, 09:15 PM

nicely done

though everyday's a new chart to me...but today when i open the chart bout 4pm...looks kinda..hmmm...lost..to me..

huhuhu.... when u see alot of time n try to spot, u will able to catch it... now, i finally realise a good chart pattern, need at least 2-3 days to form... guest it is true when people say, dun overtrade..lol

k, chat later, need go to my girl girl there.. she's sick... still sleepin.. T.T

sigh...today is a bad day for me...stop trading for the day le...

I wan to know. If you having 7 currency pair. Each currency pair have 30min, 1hr. 4 hr, 1 day timeframe... Are you going to see at all?

Cause i really see each... Draw trendline on each.... And it really does cost me around half day time..... Alway make me almoz faint..

huhuuhuh... u so keng leh... go draw trendline for so many pair.., i usually draw trrendline for daily n 1hr/4hr..

i think there's something wrong with chartnexus's fibonacci fan...the retracement levels are the other way round... lol

ya kah? huhuhu... mayb u shud email to them then... ^.^

hmm..USD strong for 2 days...goes weak back for another 2 days..

sometimes when i look at the price movement following fibonacci retracement..makes me wonder..what really governs the market sentiments? fear and greed? or just that everyone is using the same retracement level?...hmm...

haizz... too bz wit my girl girl, no monitor... shud have cut lost yesterday for GU... 2 days below my caution line... today cut lost liao... usd seems like will hav short bull run.. still need confirmation from other pairs... anway, can look at chf/jpy... seems like wanna break from downtrend..

hm...lowyat...GU seems to have heading 100% retracement from 1.9360/2.0400 low/high (from 20/2 to 14/3)...but now seems like the bear run is going to reversal, perhaps to 1.9607..hmm...

eh..thought you this week time off from forex?

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Added on May 7, 2008, 9:03 pmbut anyway...looking at USD index...seems like it's going to fall for another day..hmm..it'll be interesting to use chartnexus's US Index to see USD's strength...

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Added on May 7, 2008, 10:41 pmwow...GU is like on a free fall...

This post has been edited by small-jeff: May 7 2008, 10:41 PM

yar.. i was actually off from tradin forex.. jus dat d GU i hav hold for 20 tradin days d...

huaha ha... 10Q GU, Thank for give me some extra cash.. win some "red pip" also some..

Actually what is GU? I would like to ask is it GBPJPY is a very volatile pairs? i suffer losing in Aud/usd and usd/cad. But yesterday doin well in gbp/jpy. I should add it in to my favourite pairs.


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wah...got lot of free margin huh earning on carryover?

congrats bro

GU = GBP/USD. I personally dont think GJ is that volatile...the recent patterns in GU is volatile.. but i think it has come to an end of its waves swings..wow...nice catching pips there


how's everyone's tradining this week? good?

This post has been edited by small-jeff: May 8 2008, 07:25 PM

@small jeff, i think we shud join forces to forecast good entry long positions for EU.. im lookin at it though,...

anyway, i am shortin UJ... quite confident... to get max profit, need hold quite long though.. will post later my analysis... hope u do d same too ^.^

for UJ





if its able to close below d d lows at d 'thumb sign' wit a comfortable margin it shows quite bearish, but if its close above it, take profit n wait for another tops n short it..

its actually broken d trendline d, n d min TP is d white line.. since d white line is under d strong lower trendline (yellow) i forecast it will b extreme bearish move,...

This post has been edited by low yat 82: May 8 2008, 09:10 PM