are u a 'chartist' or news trader

current news is what makes me dont belief in news anymore i just belief in what i see

I'm a chartist, That's the reason i close all my position 15m before news, and wont take trades until the market goes back to normal mode....

It's all in the interpretation. It works well for billytong

hmm.. all these while u were praisin alot billy...

hmm... i wonder how old is billy.

billy old timer already...

im new comer... teach me how to play forex..

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Added on August 1, 2008, 3:32 ami'm a chartist prediction too.. he he..

This post has been edited by jebonen: Aug 1 2008, 03:32 AM

Juz woke up 5 min. And juz saw an opportunity in EU. Juz a faster gain. 17pips. Trade closed.

I thought this is Asean session, the movement wont be much. SO juz set a smaller TP compared to London SEssion. Unexpected faz to reach.

Whole trade only takes 9min..... I love it man...

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.

This post has been edited by billytong: Aug 1 2008, 09:45 AM

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

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

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

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

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.

im waiting for NFP this week ..

i tot u have more long than short....ur suppose to be on losses now unless have close the long position long ago

It is closed my friend

suddenly this become HOT topic....

@billy
2 way trade... mmm i also do the same thing, but in different TF..
as "contoh" 1 long at TF 1hour and short at TF5@15...
anyway all style we want also can.. the main point we want is, win in positif.
rather than win 50pip or lossing 100pip... then hampeh..

he he... NFP coming

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.

we all know that u are the best in this forum...sharing ur way of trading was good...and we all know already your "style".....

he he he... study ma... sharing is caring rite?

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

normeck, Jebo read what dr2k3 said. Something that work on me doesnt mean it work on u.