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 Forex Trading Corver V3, How's Your Pips Lately? ^_^

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dr2k3
post Jul 30 2008, 11:07 PM

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QUOTE(low yat 82 @ Jul 30 2008, 11:05 PM)
today to bz move to new house... miss d move for gbpchf...

its time to short it.. but im not takin any chances unless got nice chart pattern...
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i tot i remember u say before never to short gbpchf tongue.gif
dr2k3
post Jul 30 2008, 11:34 PM

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QUOTE(low yat 82 @ Jul 30 2008, 11:11 PM)
hmm.. u must forgot when i said it... d time i said it its in long mode.. while now, it already hit d trendline, so shortin at around this price shud b safe... but as double confirmation, we need a good chart pattern dat short reversal pattern...  smile.gif
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just my opinion, i dun think it will drop yet....maybe correction
dr2k3
post Jul 31 2008, 07:19 AM

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QUOTE(low yat 82 @ Jul 30 2008, 11:45 PM)
arrggg... i gamble again!!!


Added on July 30, 2008, 11:49 pm

correction also drop wat tongue.gif
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my mean of correction is let say current 4h bar....'dip down" but never exceed previous low n then climb back up tongue.gif

This post has been edited by dr2k3: Jul 31 2008, 07:21 AM
dr2k3
post Jul 31 2008, 04:38 PM

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QUOTE(billytong @ Jul 31 2008, 02:26 PM)
I guess those who held long from bottom 5520 is laughing to bank now.  laugh.gif

I am still holding for multiple longs below 5600 and 1 short in case EU still want to break down.
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u can spot the top n bottom?
dr2k3
post Jul 31 2008, 07:32 PM

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QUOTE(rayzs @ Jul 31 2008, 06:33 PM)
yo..check on market clash London - New York at 8 pm...GDP (Gross Domestic Product) may cause some changes on GU..it might heading south for at least 30-40 pips..so guys..juz watchout..
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north
dr2k3
post Jul 31 2008, 09:32 PM

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if EU 4h bar close below middle of that bar...high chances it will go south


dr2k3
post Jul 31 2008, 09:48 PM

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i dun so fast judge trend end until candle close fully
dr2k3
post Jul 31 2008, 09:54 PM

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QUOTE(wodenus @ Jul 31 2008, 09:49 PM)
you should believe in yourself more.. look at the chart now smile.gif it hit 5700 before dropping back smile.gif first time in my life I've actually seen a diamond reversal pattern smile.gif I should just follow you.. probably would have made much more smile.gif
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are u a 'chartist' or news trader tongue.gif

current news is what makes me dont belief in news anymore tongue.gif i just belief in what i see tongue.gif
dr2k3
post Aug 1 2008, 09:49 AM

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QUOTE(billytong @ Aug 1 2008, 09:43 AM)
Now u know why I give up trying to predict the market and EXPECT it to be right. Playing both sides is the win win situation in this market.

as for technical chart, I am very sure all those MA, EMAs got screw up with that spike move.  tongue.gif
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1h 4h chart.....if u play with 15m or less with those indicator n greedy....be ready to be burned

have no idea how u play both side....i tot both side = hedge = 0 no matter which side it goes

even if u 2 long 1 short....that is still 1 long so no both side tongue.gif

maybe ur self conscious is playing side just that u didnt notice or u refuse to admit tongue.gif

This post has been edited by dr2k3: Aug 1 2008, 09:52 AM
dr2k3
post Aug 1 2008, 09:57 AM

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QUOTE(billytong @ Aug 1 2008, 09:54 AM)
Currency dont go straight line, market retrace is my friend. I take profit on any retracement and take the opposite position. This is my way of playing.  smile.gif
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counter trend trade?

i learned my lesson never to counter trend trade......everytime i try to counter trend.....if i set sl it will always hit...if i set tp it will never hit......n they reverse way too quick
dr2k3
post Aug 1 2008, 10:24 AM

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QUOTE(billytong @ Aug 1 2008, 10:08 AM)
If u have a larger range, u will get ur money. Remember the short I took yest that I complain? now I dont complain anymore because it is making money for me.

Ur only risk when u trade this way is a Major Trend.
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i tot u have more long than short....ur suppose to be on losses now unless have close the long position long ago
dr2k3
post Aug 1 2008, 10:41 AM

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QUOTE(billytong @ Aug 1 2008, 10:35 AM)
To be honest I am revealing my style too much, I have a mutual agreement with my other partner that we should keep our profile low. I guess I gonna end about my style here.
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actually it doesnt matter....something work for u doesnt mean it will work for other

atleast for me it doesnt....well not suitable for my personality tongue.gif
dr2k3
post Aug 1 2008, 01:09 PM

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QUOTE(cyaoping @ Aug 1 2008, 01:04 PM)
hi man.

I hav no direction now.

4h chart show it still will going down.

but the figure now is low enough for EU.
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try not to trade asian session..
dr2k3
post Aug 1 2008, 01:27 PM

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QUOTE(wodenus @ Aug 1 2008, 01:19 PM)
Yea hmm.. don't reveal your style.. but tell us where the good entry/exit points are smile.gif


Added on August 1, 2008, 1:19 pm

Asian session ?
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morning till 3pm
dr2k3
post Aug 1 2008, 05:39 PM

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QUOTE(cyaoping @ Aug 1 2008, 04:09 PM)
so boring ler no chance.

streamyx damn also

cannot open youtube even
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if u think streamyx like hell dont trade....dun later trend reverse u cannot close then cry also no use tongue.gif
dr2k3
post Aug 1 2008, 08:00 PM

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UJ seems like wanna go south to me....
dr2k3
post Aug 1 2008, 08:45 PM

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QUOTE(cyaoping @ Aug 1 2008, 08:41 PM)
how urs guy going?

I UJ buy now get burn la
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u got trapped in the spike up move
dr2k3
post Aug 1 2008, 09:06 PM

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QUOTE(billytong @ Aug 1 2008, 08:59 PM)
hehe the result of playing with fire tongue.gif NFP is where u cry a lot, either Happy crying or sad crying.

As for NFP explanation.

The result of NFP come out less than Market predict, so this makes the big USD bull. but the unemployment is higher by 1%. This one is where it stop the USD bull. Now the market had digest these data and settle down a bit and they are waiting for ISM to make their final move. This move will set the trend for the rest of the hours on this week.
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where got 1%, 0.1% oni tongue.gif
dr2k3
post Aug 1 2008, 09:13 PM

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QUOTE(wodenus @ Aug 1 2008, 09:08 PM)
k thanks smile.gif


Added on August 1, 2008, 9:09 pm

Who's ISM ?
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news report

ISM Manufacturing Index


Added on August 1, 2008, 9:15 pm
QUOTE(billytong @ Aug 1 2008, 09:07 PM)
FIXED I got blinded yes it is 0.1%  tongue.gif

Anyway key support 5473.
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just curious....u base ur resistance n support on what?

This post has been edited by dr2k3: Aug 1 2008, 09:15 PM
dr2k3
post Aug 1 2008, 09:32 PM

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QUOTE(billytong @ Aug 1 2008, 09:26 PM)
Base on my numbers, because euro likes to hit the certain numbers to bounce.

For example, lately euro like to hit 1.xx10-20 to bounce, return from 1.xx80-90 and also I base on the number of pips movement it move. For example if it move normally 60,80,150pips this season it will move that again and again. it is just a consistency numbers that it likes to stop and turn around there.  smile.gif Of cause I could be wrong sometimes.

and I notice 7 out of 10 times @ 3pm euro move down. If it didnt it will go more bullish later on. then on morning around 8am out of unknown reason, most of the time euro go up by a little.
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atleast something to guide u....

i just base on my bar/candle.......no nothing until the bar tell me trend change, so i will always see my profit pips from 30-60 and then go back to 30 something like that.....always miss the extra pip tongue.gif

i think the ism wont move much coz nfp suck n trap too many trader inside tongue.gif

This post has been edited by dr2k3: Aug 1 2008, 09:37 PM

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