Not yet a UT for EU and GU yet. Still need wait and see.

But as I can see, JPY is gaining strength in this early morning

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Added on August 29, 2008, 9:26 amGuess EU is showing a UT already.... Pai seh

This post has been edited by mphpopular: Aug 29 2008, 09:26 AM

UP trend.
All trade closed

GJ short closed with +18
GU long closed with -10
EU long closed with +4

I at first aiming for 1.4770 from this EU uptrend. But I juz too coward to continue. SO I juz exit off like that

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Added on August 29, 2008, 9:48 amNow I guess EU is retest on the trendline then will bump up again. Shouldn't fall lower than 1.4715

This post has been edited by mphpopular: Aug 29 2008, 09:48 AM

This one is the current one price meter. I juz love this


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Usually I will do this when I have more than 0.10lot. What I did saw by today morning is JPY is gaining a lot of strength against others.

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Added on August 29, 2008, 9:52 amIt is a price meter, But I juz not sure how it measure the trend. It keep changing. But It is quite nice for me if I use it together with my M15 and M30. If trading a longer TF. then it would be useless.

This post has been edited by mphpopular: Aug 29 2008, 09:52 AM

No, only use that to measure the curent strength of each currency...

I have search in google many time about how it work (the behind theory of this indicator), but I nvr found it. Plz do let me know if anyone can find how the indicators measure the strength.

Here is the two link that got relation with this indicators:
http://www.forex-tsd.com/harmonic-trading/...zigzags-34.html
http://www.forex-tsd.com/suggestions-tradi...-xmeter-28.html

And this is not an independent indicators that work for buy and sell entry. I only used that on smaller TF to determine the strength of the currency

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Added on August 29, 2008, 10:01 amThe higher value of the currency. So the stronger the currency is.

For example now, JPY is 9.0 and GBP is 2.0. Means JPY is stronger than GBP which brings to mean that GBPJPY is dropping.

But still the same, it is a time lag indicators.

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Added on August 29, 2008, 10:04 am Too faz letting go EU and GU.... LOL

This post has been edited by mphpopular: Aug 29 2008, 10:04 AM

GJ long close for 20pips.

Now finding a good entry for GJ short.... Loking and hutning

Which position makes you such big -ve floating? Still holding?


What dead?

I use that when I doing my weekly analysis. Usually in trading GJ, i also using 4H Tf in order to know what is happen in LOnger TF.

@all
Juz finish busy for the weekend. So juz reach house. NOw only wanna start to do the weekly analysis. Let's see what's I miss out over the weekend.

Wish you were right. Coz I didn't hold any trades, Now still doing analysis and still on going process.

I'm not sure about that. BUt I juz open a short in around 10mins ago. And closed 0.10 at +31pips. ANother 0.10 still floating with +75pips.

Short at 195.71

EDIT:
FLoat +122pips.

This post has been edited by mphpopular: Sep 1 2008, 03:54 PM

EJ weekly analysis.

Aiming for 156.00 as next TP


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EJ in EW count

This post has been edited by mphpopular: Sep 1 2008, 04:32 PM


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MY GJ count.

@normeck
Must learn cut losses bro. You are very good in taking pips. But still, always let your losses run bigger and bigger like a snow ball.

I also not sure for now. Coz, I didn't hold such a big -ve floating before.. Wish you luck bro.

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Added on September 1, 2008, 4:42 pmFloating GJ short wif +139pips now.

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Added on September 1, 2008, 4:49 pmJuz shorted GU at 1.8023. Aim for 1.8005

This post has been edited by mphpopular: Sep 1 2008, 04:49 PM


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MY GU for now. NO weekly yet. Cause cant find any good point in Longer TF.

The ... (I forgotten what is called, plz anyone tell me what it called, the two red trendline, is it descending triangle?) is broken. Now retest of the trendline and shall goes down again.


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MY EU

Current open trades:
GJ short +147pips
GU short -15pips


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GU is heading towards my SL. Guess I made the wrong decision on GU.

THinking today is US holiday. SO GJ down, GU should be able to down as well. Guess I take the wrong move.

Dont want open trades already. Already have 2 open trades on hand. Juz dont like to see all margin get used up....

GU one goes up more than 1.8072, then I will be out.

Currently floating:
GU -28pips
GJ +128pips

I guess I got what you meant.

In usual case, Oil down, USD up.

So, now EU should be down since USD is upping

Edit: This is the reasonn Y I still holding on my GU short. (Attached Image)

This post has been edited by mphpopular: Sep 1 2008, 06:21 PM


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NONONO... So sad, see ing the EU is down-ing... Guess juz now that point is the best point for short?

MIss it out I guess

Ya, EU I'm not sure. BUt in EURCHF H4, I on hold a short position in demo...

It breaks the trading range and going down...

SO, I believe EUR is down.