Just curious.

For mini-lot, 5 lot at 3% risk required at least 8K in your account. At 5% risk, you still need 5K in your balance. I really admire your posture every time you post your trade.

Anyway, great results. I got in quite late but still get 50 pips for 1 lot.

Cheers

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Added on August 22, 2008, 12:35 am

I have 10,000 usd in my account. Thank you.


Mind to share how you see that? Oil and gold are retracing from their high tonight. The RSI on all timeframe below 4H are pointing down. If it break 1.49 then it might reach the previous high and form a double top. Would that be a good place to short?

I love your point from both TA and FA sides... Thinking and digesting what you've wrote juz now. Thanks

Thanks for the explanation.

I have shorted after it bounce off the highest high today and looking at retracement to 61.8% with a very tight stop (just above 1.49). Let see if this work out.

My EU. It showing a big enough confirmation as it is from H4 chart.

Juz close out my EJ wif 13 + 16 = +29pips

GJ close with +40pips

Today all closed wif (+)... Glad to see that...

But still covering on losses... 

Juz hold it on bro. I juz went in wif a TP of 1.4927

EDIT:
Enter 1.4883.SL 1.4861 TP 1.4927

I not very profesion in the inverted H&S. As i remember in normal H&S, the right shoulder cannot higher than left shoulder, but for inverted H&S, plz do correct me if I were wrong.... I not sure as well.. I guess lowyat82 is a lot better in H&S stuff. Might nid to wait him tomoro morning to explain abit to me, cause i cant find the inverted H&S in my book now.

EDIT 2:
My old trade all is closed.. Juz open this EU and see how it goes. SEtting a tight SL bcoz I afraid I was wrong....

EDIT 3:
1.49 will be the 1st TP and it is also the first resistance. Might close the trade around the area if saw something I dont like. Is time to slep, already set up all the trail SL stuff, is time to bed. Goodnight adam.

EDIT 4:
Juz brush my teeth. It is really a slow movement. Almost is US close and Sydney open, I guess it might boost up Eur abit(during sydney open) and might able to hit the TP out. Expect a small bear in Asean session for EU and it might be a good time to find a good entry for the EU bull (mid term strategy).
Adam, price at ur breakeven now, and +5 for me.. WIsh you and me luck.. Alot lot luck...

WHat i mostly worrying is the posible of double top in EU... 1.4895 - 1.49 might be a key point o might be an exit for me. I guesss I wont sleep and will wait until sydney open to see how its goes. I believe during Asean session, the EU will down again, so i mostly wont let the trade goes until Asean open.

EDIT:
SL at breakeven +1.. Juz dun want to take any risk. I juz wanna play safe.. Worrying the double top

Congrats, Now is finding exit time... 1.4920  - 1.4925 for me.... Not sure about you. BUt my methodology is exit around that area. And you're right about the double top. Hehe...

Digesting...   Precious advice...

If the candle didn't have higher price than the previous candle in 15m, then i wil out, cause tomoro i have appointment on 11 am... Guess I really need to sleep...

fuyoo!!..USD 1,103 x 3.5 = RM3860.50 wow...standard acc aaa? how much capital?

He's good lol.. and he caught the tail end of the EUR/USD downtrend   and besides, that's not a salary. trade enough and losses will cut into some of it

demo or realife

u singaporian or malaysian........

whats the spread on GJ on Phillip securities