reversal 100 pips enough for me....

Here is my GU.

GJ currently i see ing a bearish formation. Still not sure yet.

Currently GU in +103 pips. Still hunting for more.


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very nice explaination mph

Thanks man... Thanks for your praising. . Currently still on hold wif +110 pips. Locks my profit 60 pips up first. OThers juz let us how it goes.

Edit :
Juz went to +125 pips. Lock 70pips.

Juz finish my funding to fxmalay. Shall see how long it takes to fund into my trading account. So, let's make all my experiment in fxmalay. Micro is safe.

This post has been edited by mphpopular: Jul 7 2008, 05:51 PM

are u trading real acc ah bro?

Real. But i trade small. Stilll eating experience. Only trade wif 1 pips = USD 0.10 now

This still under floating. Seems like tonight i have my dinner already.

Juz delete all of the SL and TP. Cause handle-ing over by manual now. Cause my CCI telling me is about time to go out.

Edit:
Thanks normeck for your info. I shall open up my fxmalay MT 4 at 8 tonight.... Haha. But i expect a quite market for GU after a dip fall.

This post has been edited by mphpopular: Jul 7 2008, 06:07 PM


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around 8pm ur fund will be there...

what do u guys think of the next few days regarding GU? would love to hear some opinion... see whether mine is align with u guys... im quite new in forex... keke

this what i see in GJ
weekly chart...

This post has been edited by normeck: Jul 7 2008, 06:30 PM


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GU downfall.. i missed the ride...too busy today

Feel like ranging area going take over GU. Feel uncomfort wif the situation.
So juz exit the position wif +115pips when the candle is closed. Juz hunt again and wait for a clearer picture

I think Jebonen will say the same as well? Nvr mind. Still got next wave. I still waiting for next wave of GU fall.

This post has been edited by mphpopular: Jul 7 2008, 07:37 PM

yeah... wait till US market open.. hopefully see clear signall..

hmm...another day of US$ bull run?

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Added on July 7, 2008, 8:28 pm2 more minutes

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Added on July 7, 2008, 9:04 pmis there some sort of major news coming out? market aint moving!

This post has been edited by small-jeff: Jul 7 2008, 09:04 PM

no news more todayy.. except CAD news.. that's all..

Dont want trade already. The market doesn't move as i expected. Wait for tomorrow Asean open session. Juz let it goes like that. Wish i did not miss out any train.

4 hours & daily GU shows the pair is still free falling..see whether Gu will find support at 1.9635 or not.... still too early to predict..same like Eu see whether it will find support at 1.56 area... this is what i see

I only worry is it any bear trap for GU. GU muz not breach over 1.9691 and 1.9734 in order to make it bear. Once over 1.9734, then this shall be a bear trap for me.

Majorly. Still a bear trend for me.

GJ still walking in the ranging area. Not sure where will it go. For me, it is under the middle of a channel.

EDit:
This might helpful for some newbies. Juz a trading methodology. I did not test it but i saw it is quite useful. Juz a simple and go trading method. But normeck, you don't use this lor. Stick to your methodology. Don't angry me normeck... Haha.

http://www.forexfactory.com/showthread.php?t=91789

This post has been edited by mphpopular: Jul 7 2008, 10:31 PM

what do u mean by bear trap? thanks

izit something like price are moving upwards but in reality its to trap those who think its going up when real movement is down?

This post has been edited by bafukie: Jul 7 2008, 10:24 PM

Ya, you got it right. MOre specifically, if we having a channel or a trendline. But the price break thru the trendline and channel, making a false phenomenan whereby we called bull/bear trap whereby we thought it is going up or down. But in the fact, we get cheated. Haha

GU, like its usual trend, after a strong move in a certain direction, it reached to its consolidation level, and that's what's its doing now. By means of reversal, it doesnt necessarily means from bear turn to bull, just the end of the current trend. USDI showing a +0.5x% move, yet, we still seeing consolidation in most USD pairs. If i'm right, as stated earlier, USD pairs will make a reversal by tonight, that is now.

EU is moving back up after a 3 bars down, which were succeeded by a hanging man on the 3 bar up trend (6pm 1H Chart).

Hm..already set my entries with TP and SL. Hopefully will only reach my TP (Already got my gain from GU). Its RSI has already confirmed the reversal.