today seems like ej and uj having the same pattern, any explaination?

juz now.. manage to get +30 pips from GU downtrend.. i have learnt my lesson.. always close at lines...

I just focus on UCAD and EU, other than that i didnt touch. Seems unstable to me.

aah...got $22.94 from EJ and GU reversal...regained some confidence

it tooks a huge confidence to trade in forex... damn...

today nett profit is +usd19...lol...

jus added positions for EJ...

has been holdin 0.2lots since 3july2008

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Added on July 10, 2008, 10:33 pm@small jeff... wa... nice oo u... how many pips issit?

This post has been edited by low yat 82: Jul 10 2008, 10:33 PM

Bit of a dip in USD, wats the news?

This post has been edited by howszat: Jul 10 2008, 10:36 PM

was 23.3 ...chickened out half way through profit eventually it hit the TP i set...but positions were closed...still better than nothing.

hm...this made me reconsider my risk/reward ratio...i think i need to draw a candlestick chart on my trading...maybe can help to avoid being emotional

ya lor...need huge confidence. too used to scalp small pips..suddenly change back to larger pips...scared to place positions...lol

how was your EJ swing? wah..the rollover should be good also ya?

ehhehe......today everyone seemed to gain goody

lol... same here... chicken out... now take profit less than 100pips.. last time, confident damn high can hold for 100-150pips..

now its tradin in triangles... if everythings accordin to plan, it shud move up.. OBV looks nice also

now 0.2lots got usd 18.34 = rm50 for around 10daysswap but like usual, holdin long will effect emotions.. actually i open 0.3lots, but too scare cut loss 0.1lots... kanasai...

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Added on July 10, 2008, 10:50 pmLOL.... guess there will b some goodies for euro soon!!

@mIssfROGY

m still coverin losses...

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Added on July 10, 2008, 11:07 pmdunno... mayb some big guns actually transfer money bc to europe for investment i think


IMHO, its not important y it dips, jus trade wat u see...



This post has been edited by low yat 82: Jul 10 2008, 11:09 PM

lowyat82...no prob ler...we gain some we lose some. I m still 3 mths into this thing.....after 3 months...i m back to where i was when i 1st started with a few dollars profits :/ but one thing i noticed....its better to go live straight away then going on demo 1st. I have neva been on demo, therefore i guess i didnt get to get the shock of suddenly trading live. Go sikit sikit on live...i think its better on the heart, makes one more prepared, i feel la. (dun knock my head people...hehe)

Hope u guys make tor tor money

This post has been edited by mIssfROGY: Jul 10 2008, 11:47 PM

Sigh, that's good for you..

But bad for me, I still don't know how to read the chart after having so much reading...

Any help i can offer for you?

I am bad in analyzing graphs..

Sigh..

Maybe you can show me some charts with some explanation..Just like a simple summary..

Thanks a lot..

How about you post over a chart here, then i try explain to you. Cause i dunno which part you dun understand. Like that mroe easier for me to help.

hm...tomorrow US Trade Balance report coming out...might need to watch out during that hour...

weird...today US indices are moving up, but USID is slightly down. Maybe most index speculators cashed out today...

anyway, lowyat...it's good to watch out on 168.94, or somewhere that area. It's the high on Jun 2007. Previous BO on this price rested firmly as support before heading back down. just my 2 cents..

Yoo!! hehe.....guess wat i didnt bothered reading charts at 1st, no idea wat was pips, no idea wat was forex and all its terms and etc...i learned as i go, coz when i started trading, learning about forex got interesting....read loads of forums...guess here n there.... I read alot on others theories and trade on their ideas to see which one suits me best. Now all i know is when something goes UP alot or Down alot, its time to set positions. (actually i started to get interested on my bf's trade......got itchy...HAHA..) dont so stress...its not as hard as you think.

This post has been edited by mIssfROGY: Jul 11 2008, 12:40 AM

I did - it kept going the wrong way! Just as well it's demo money...

i just start to learnnnnnnnnnnn... anyone can help?

What we can help?

we should direct new players to babypips.com.