actually i see down trend on GU n EU already....but i tot those 2 pair move too lil compare to GJ........and i tot if GU n EU down is GJ down ~i was half wrong - -"...who knows those 2 move down faster then GJ and GJ like hesitating to move down altho its still moving down at a very slow rate

This post has been edited by dr2k3: Aug 8 2008, 09:26 AM

totally lose. Yesterday i could earn many but the EU 1st hit my buy point then drop.Like it know where is my buy point.
Fortunately i did recover from other. But still lose a 30pip.

Someone can tell me why?
I always buy at the rebounce point then SL then reverse?

i think nobody knows exactly they were buying and selling at peak .....
for ur case....i think u should go for higher TF and make ur SL about 100 pips?...depends on ur trading style....

do not try counter trend trade ......

did u open pending buy on high?

on down trend sell when price rebound n buy when up trend and price dip down

today i got 59 pips int the morning due to GJ bearish...but still lose...

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Added on August 8, 2008, 9:51 amtry post ur chart will be easier all of us discuss about it...

This post has been edited by normeck: Aug 8 2008, 09:51 AM

yesterday act for EU as i said was tradin in widenin formations.. it goes punch through d upper trendline n then go punch d lower 1... its called busted chart pattern... its a formation with high probability to win..

@normeck n cyaoping,
dun worry... u can get bc those money.. good luck

u name those pattern yourself or such name pattern exist?

it sounds weird

GJ finally move down....~_~

This post has been edited by dr2k3: Aug 8 2008, 10:40 AM

I now feel headtache and give up emotion around me.
Total lost of past few month more than i can affort.
Cant see the road how to analys ler.
Like juz now i sell EU at 9.30am but it rebounce lucky i get bck my lost pips.

I should sell GU not EU else i can earn 50pips ler

@dr2k3 u mean i should do like this?
on down trend sell when price rebound n buy when up trend and price dip down

from what i've experience... when u open trade...sure got -ve...including spreads la....sometimes can go to -ve 50~60 pips....if u beleive ur chart...sure it will go the way you want too....i dont know whether this is a good open buy/sell or not....but it works for me....

SL...im slowly learn about SL....sometime my SL to tight....according to billy..u can have -ve 300 pips...but when it goes -150 then u can closed it..accept it as your lost...and by the way it goes down to -150...i hope u can make money from it....

buy or sell at the pointy area that i draw....sorry for the lousy picture






even if change trend the price will sometimes move back(touch the price lvl) to that area for the last 1 or 2 times and then spike.....at that time u can close at +1 profit or breakeven

train urself to look at 5,15,30,1h,4h and then daily weekly n monthly

5, 15 for possible small retracement

30,1h for medium

4h for long term...

then switch between candle/line chart or bar/line chart depends on what u chart base on

to me forex trading is like art.....the movement itself is like art

This post has been edited by dr2k3: Aug 8 2008, 11:16 AM

huhu... d correct name forgot liao ma

close position for EU d... 65+65+105= 235pips.. ^.^

i hate that kind of pattern.....exist alot in GJ

break up break down break up break down then break up then burst down....~_~

heart endurance weaker will get heart attack ~_~!

wow!!...lowyat makan besar this week...wonder how much lot it will be...@@

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Added on August 8, 2008, 11:17 amwhat the heck la this morning market?? Asian suppose no movement right?...heheh!!

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Added on August 8, 2008, 11:17 amSL on the green ...@@

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Added on August 8, 2008, 11:19 amGJ try to break weekly S1 211.43...@@

This post has been edited by normeck: Aug 8 2008, 11:19 AM

bear market move faster than bull market......u dun need london or newyork session to have big move

to me the 211.43 is already broken

@dr2k3 thx a lot i learning.

I only analys base on the 15,30,60 mins chart.

Hai i so jealous ur guy. If i can earn as much as ur guy is good.

My another friend(gambling football) ask me better follow him at least have 10-15% return

depends on what currency u trade.....GJ those time frame is too small, UJ still can

huhuh... all together onli usd 235 lor

now need to hedge my position for gold >.<"

u trade gold?

act for long term holdin... but from d chart pattern, it does seems its headin south..

a week ago already heading south........not yet want to bounce back on my chart

EU = Gold = Oil <---i think la