Erm, Juz trade and wait lor. See how the deals goes, I not really sure about UJ will really goes down or not. Juz a test. the risk reward lucrative enough for me to risk my pips on it.

Again, mistake on not shorting GU. Juz 2pips from my order, gotta say bye bye GU, seem like we no fate. Tomoro only I come and find you GU

EDIT:
See how weak is our Gbp is? 0 rate... OMG.

JPY is currently higher than USD. I believe there is another down some more. Juz wait lor me....HEHE. Be reminded, protect your pips abit lor later

This post has been edited by mphpopular: Oct 9 2008, 12:47 AM


Attached image(s)

yes GU seem like will break the support of 17266, i will also be watching

Nitez. I will juz left it overnight. I sleep first.. Nitez

gd nite, 2morrow will be another profitable day

Today laz day trading for this week. The left of the week will be spent on studying charts instead of trading. GOnna finish read a few books and train abit first. There is no way for me to concentrate study when my mt4 is here.. LOL

oh shit kana stop out. wll rest my day

http://forum.lowyat.net/index.php?showtopi...post&p=20495009
http://forum.lowyat.net/index.php?showtopi...post&p=20492420
http://forum.lowyat.net/index.php?showtopi...post&p=20493545
http://forum.lowyat.net/index.php?showtopi...post&p=20494161
http://forum.lowyat.net/index.php?showtopi...post&p=20494766

Chart analysis is here, this is what i've for tonight. Have a glance thru, wish it helps at least abit.

recommend some books for me too. and teach me how u put the indicator?i mean where is starting point?
mayb u recommend some web link to me. i m interested to read and study. thanks.

That one isn't an indicators, juz simply a trendline, all that you've seen in my charts, all is trendline. I didn't have any recommended books for trendline. But I only have few website for you to learn the chart pattern/formation.

Besides, I reading EW book now, some trading emotion book and price pattern book lor. I can send some for you, but let me know what you want to read first.

Besides, I currently running off from indicators, trying to trade freely without indicators, feel nicer and lots smoother the trades, juz use my bare eye to catch the price movement.

thanks for the reply. i prefer to read about trendline 1st and EW also. it seems helping to predict the bear/bull of the market.
thanks ya.

I suggest u guys not to trade this market. This market is MAD market. I already taken like 2 weeks of Holiday and will continue to take holiday to enjoy my free relax time. There is no way I gonna trade this mad market. Up down Up down...Anytime get stop out continuous time.

if use fxcm, how to bank in? is it bank wire? got charges anot?

Ya, I saw that as well, the volatilitiy is extremely high. Either we lose all or win alll.

Credit card or bank wire I gues, you need to check with them. Bank wire sure got charges one. One round around USd 20 - USD 40 gua. Differ by broker cause they use different bank.

And PM me your email also.

This post has been edited by mphpopular: Oct 9 2008, 08:44 AM

aik? y so expensive 1 bank wire? oanda only took USD10 from me.. + maybank rm23 for service charge

---

Added on October 9, 2008, 10:05 amscalped EJ for +20 pips and EU for +25 pips..

---

Added on October 9, 2008, 10:19 amscalped a further +15 pips on EJ
careful guys... EJ is going to be tough to go below 136.23 as it is the daily pivot R1 and fibo 161.8 on the weekly chart..


This post has been edited by kelvin_tan: Oct 9 2008, 10:19 AM

lol...agree with you

actually this is a very nice market to trade as long as it doesnt go up and down big pip like 100-200 pips within 1 hour candle bar its still ok....seems most of ppl here is TA trader not FA trader....so this up n down move doesnt affect them much

also a nice time to train your skill( hard to find market as mad as right now.....since it comes once every 10y)........if u can survive in mad market u prob have higher chances of survivng the market even during it stabilize

This is the market where u make it or break it.. i think scalping in the morning for us is the best as the market doesn't go up and down 100-200 pips..

Doesn't make good for me in this morning. SUffering for 100pips losses juz now in GJ. Juz a minor mistake in identifying chart pattern, so, there gone my 100pips.

So GJ will pick now to aim for 170.xx , Or GJ will wait until 176.xx only aim for 170.xx


Attached thumbnail(s)

got stopped out on EJ.. re short at the top of the double top formation..

---

Added on October 9, 2008, 12:26 pmSL set to +1 .. gonna go out.. good luck pippiing guys.. hopefully the EJ will be fruitful..

This post has been edited by kelvin_tan: Oct 9 2008, 12:26 PM

You should be hitting the jackpot now.

NOTE :
DT on these pairs, GJ EJ GU EU, havent really started yet.

The only thing change from two days before is, our consolidation mode move to a lower price range to consolidate.

---

Added on October 9, 2008, 1:21 pmLet me list down today I get hurt how much ffirst.

GJ -135 - 40 = -170pips.
UJ +27pips

Total -143pips

---

Added on October 9, 2008, 1:24 pmFloating now is:
GJ short at 174.02 +ve float
EJ short at 137.69 +ve float
UJ got two short at 99.53 and 99.87 serious -ve float

Besides, all this trades are using the setup I posted on last night. Using all those SR level is juz a nice one to aim for pips.

This post has been edited by mphpopular: Oct 9 2008, 01:24 PM

the movement range on all these pair has increase by alot.....its better to reduce the lot size to compensate the wide range