time to zzzzz.....

overslept... waiting for reverse.. in end i missed it


hopefully next week.. no more like yesterday.. if got... surely heart attack..

wah lowyat...70 pips...very strong you took the late bus ride?

you got open multiple positions, or on 1 position..? very jealous...hahaha..

@hitokiri:
you missed the 1am bus?

wow...even EJ also shot up to high...hm..would need to take some time to draw back everything...

i think not 1 am the reverse .. coz that time not sleep yet..sambil watch old chineese vampire movie on crunchyrolls...lol

thanks dude for your generous explanation
im planing all the profit im selling laptop.. I will fund for my forex trading.. money make more money..( I hope so)
now start reading www.babypips.com still in kindergarten class
any other fast way to college level?

This post has been edited by mousepad87: Jul 12 2008, 11:08 AM

Try to get this info from your broker. Cause I'm not sure whether we can use e-banking for TT transfer to US or not. I'm not a profession over ebanking. Try to get all the banking info from your broker first, then went over public bank and ask is it posible to make it thru online. If unable to go thru online, can juz go over counter to fill in form to transfer (this is what i do, cause i dunno how to ebanking ).

Besides, there is a charges when you transfer the money to fund your account.

Wish you alot of lucks.

The EJ shoot up so high. Start from the bottom of channel until the uppest level of the channel. Sweat bcoz did not chase it due to afraid.


I'm pula watching my Bleach wif my PC, if not, i sure fell asleep already. YEsterday Friday really make out a different days for me.
Let's rock n roll again on next week. Yeah, finally weekend, it's my time to enjoy.

Erm, not really have any way to jump level. You nonid to start off wif a big capital. We don't wish any people to end up crash off their acc. Try to start demo around 1 to 2 weeks, at least you muz catch the idea how to trade basically, click what to buy and sell, click what to set SL, how to setup graph and so on. IF you have mastered thru these basic, and you can proceed to next level, open up one micro acc, which is trade wif 1 pips = USD 0.01. Use this to get ride of your emotion and control discipline. use this to manage one methodology for your own. And build up your basic and so on.

Then laz level, is trading higher lots. Juz my advice, IF YOU UNABLE TO TRADE 0.01 LOT SUCCESFULLY, HOW ARE YOU GOING TO TRADE 1.00 LOT SUCCESSFULLY.

micro account can be open wif around USD 10 - 20, i have one as well.
mini account can be started wif around USD 200, differ wif differ broker.

This post has been edited by mphpopular: Jul 12 2008, 11:56 AM

haha..i was also being cautious from entering trades..worried it might form new pattern. That 3 hours break virtually almost all the R/S i drew

ya..its good to be on weekend. this week has been a hell of a week after work must go back and have a long sleep...

i actually wanna put it for longer term.. but yesterday it went up much higher than expect... so i take profit..moreover, 1hr TF OBV has hit d uppertrendline of my chart..

i open 1 positions onli..


btw, dunnoo u guys noe or not... u actually can buy i.e. 0.3lots, n close 0.1lots... dat means u got 0.2lots left.

edted: i mean in single position.

This post has been edited by low yat 82: Jul 12 2008, 07:43 PM

ooh..you mean like buying 30k, then sell 10k, which would remain 20k open? yeah..kinda notice that, but not enough money to go above 10k per trade

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Added on July 12, 2008, 8:06 pmjust now i read some news on what happened on friday. seems like the financial situation in US is getting bad. A bank just went down last night...

This post has been edited by small-jeff: Jul 12 2008, 08:06 PM

Wow, is it? US bank down??? This kind of news is super terrible man. GOnna look for it later.

@lowyat
Ya, i know, somtime i have some trade realy confident one. i wil open 0.02. so tat i can close 0.01 at first tp and 0.01 at 2nd tp.

a bank went down?? meant wut that?? the bank bankrupt??

This post has been edited by low yat 82: Jul 12 2008, 11:18 PM

Weekly from mphpopular.

GJ inside the two resistance, so i do nothing.
GU two prediction, one yellow one pink. Still the same, break fibo61.8 i Long. No break i short again.
EU again the same, 1.6000 challenge again.
EJ still under channel. I have two channel in my graph. Not sure which will do. So shall wait after monday only i will trade EJ.


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hm..for GJ, it might go further south.

1) bear flag - the down move since late Jun 07 is the pole, now forming the end of the flag.

2) 2 dojis at the top of this larger retracement.

3) EW - wave 4 (smaller wave within wave 4, 5 waves have completed)

hm..if i were to trade on GJ, it's better to draw a smaller fibo using the extreams on march 08 low and may 08 high. target to be set at 38.6 and 50.0

aih..just woke up ...later need to redraw my charts...was wondering how big of a gap will we see tommorow

Can show the GJ you mean? I cant find it... Dunno how to draw the Fibo that you mention.

Thanks...

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Added on July 13, 2008, 12:58 pmIthink this is what you mean. Ok, got it.

Erm for me, 209.00 no break, i no dare bear. If it does break, will take ur advice for the TP, TP1 over fibo38 TP2 over fibo50

Monthly chart i get from FF. Might useful as Very long term trades.



This post has been edited by mphpopular: Jul 13 2008, 03:42 PM


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just done looking at EU. The yellow lines, like usual, are the Gann retracement. The blue lines are Fibo Channels. Chances of getting into the 1.00/0.618 channel is rather slim, still possible. Depending on the oil price on Monday, I'll go long once it broke through the upper Gann retracement at 1.5950, but will be cautious at 1.9600..the price would/might bounce off at the 1.618 channel resistant


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1.6000 stilll the point to worry. But i saw your point of getting in during 1.9950. I might do the same if i trade EU.

hm..just to look at the oil price a little. seems like at the last hours of friday market, it formed a bear flag after a much bearish reversal. Though the flag is considerably long compared to the pole...the candle sticks on the flag doesnt look bullish at all. So, if this is a successful bear flag, meaning that on monday, oil price will get back down. That would ease up a little on the financial market. With thursday and friday's down move of most stocks, maybe can see S&P500, NASDAQ, DJI go up a little, along with USDI.

with the current oil price at 144.03, good chance it'll head back to 145.00 first. Perhaps then, we'll see a continuation bear move on the crude oil, and a more bullish on US dallor.


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Can't hold a position over one day can you ? the brokerage will close it and open it the next day (or at least that's what seems to happen with mine.)

a short position on GJ, the rollover rate is quite high oh...usually -$2.00++, and -$6.00++ on wednesday... carrytrade on position for 1 week = -$14++ ....but ofcourse, if one is manage to put in a right entry, weekly trading could possibly get about 200pips...but still, it's about 7% (if profit $200). If wanna do carrytrade...a long position is always better