EU

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Added on October 4, 2008, 4:32 pm@anyone
If the Eu does occur the bump and run reversal. Where should be the technical target profit for Bump and RUn incident. I cant find any info about this in google.

This post has been edited by mphpopular: Oct 4 2008, 04:32 PM


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I love the 1.32xx.

This post has been edited by mphpopular: Oct 5 2008, 01:31 PM

We need another lower low (1.7435) by the end of coming this week to cr8 a bear trend again. If not, we might have the chance to go up back again...
By the way, I biased bear.


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I not sure about that, I basically in TA only. FA I langsung dunno.... Need you guys teach me jor.

Basically GJ is juz like this for me.


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LOL, I wish I didn't do any wrong on the analysis for GU. Basically I aiming for 1.6550. Sound quite unachievable for me...

EJ, wont take any trade coz uncertainty for me....


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Something about common sense. Plz correct me.

If a bump and run did occurs in EU, then it will bring EU to lower and lower.
But is it posible to heard to EU go back to 1usd = 1euro? Sounds hard and imposible. EURO juz economic bad, but wont bring until such down.

Juz like Singapore compare with Malaysia, no matter how worse Singapore economic is, but it still wont bring RM 1 = Singapore Dollar 1.
Unless you're telling me the Singapore kena bom atom lor...

That's the reason why I will take short very carefully. But I was a TA ppl, so FA stuff, I blur.

Edit:
Latest chart for EU, forgot about those which is super confuse ppl one in the previous EU chart.

This post has been edited by mphpopular: Oct 5 2008, 08:48 PM


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Small jeff, juz calm down first. Since in his post, he nvr state any word such as selling system and so on, unlike other forumers whereby they are direct telling us that they're selling EA and so on. So juz OK wif it la.... He also trying to share what he have...

Besides, I hope he say in honest manners, whereby he is posting the analysis (nonid daily la, anytime u wan also can, we cincai one). I only afraid later he is posting out the trade history only...

In much forum, many EA seller attend to post their transaction history only instead of giving you out analysis and so on. So I respect this guy and he might be can give us some good idea in long or short le... Hehe

Sorry in advance if i say anything wrong to both small jeff and nok


I will wait... Besides, your image link tak jalan... And honestly, most of my trades now done using pure price action. I start to hate indicators jor except a few only. Indicator really will make me late and die...

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Added on October 5, 2008, 11:51 pmWe shall see, in asean session, i believe the trend will go up.
why? bcoz can sapu all the trades that have stoploss nearby the trendline there. then only go down.

@kevler and small-jeff.
I saw your point in EW. Thanks for giving me up confidence to hold my short position against EU.

small-jeff, I believe the point you say as well. and you got the point whereby I very afraid off.

money to pump into the US Treasuries has to end one day, IMO, EU would be going for a reversal and for a wide consolidation zone. If it's a reversal, i'll look at 1.4014, with some struggle at 1.3851

This post has been edited by mphpopular: Oct 5 2008, 11:52 PM

Something to mention about EU, I forgot about it in earlier post. If you did open up Daily chart and see the last candle, it was a doji. So Might have a retracement on Monday. Or mostly non-movement market.

Something to share.

How others are evaluating the trend.

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Added on October 6, 2008, 12:23 am@small jeff
Sorry to ask this stupid question. When ppl say bullish divergence, does it mean, the trend is going down. but the indicators showing up????

Or can post an image to clear my doubt? I blur in this two term, bullish divergence and bearish divergence.

This post has been edited by mphpopular: Oct 6 2008, 12:24 AM


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 Weekly_Technical_Startegist_October_06_08.PDF ( 126.77k ) Number of downloads: 2

Oanda spread during this morning. zzz

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Added on October 6, 2008, 6:31 am@kelvin
You know how those oanda platform user to have the arrow on their chart whereby indicate their every trades?

This post has been edited by mphpopular: Oct 6 2008, 06:31 AM


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GU EU 5m

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Added on October 6, 2008, 9:59 amShort open for below position:
EU , GU, NzdJpy, EJ and AudCad. EU GU for LOng term purpose.
Another three for this few day only.

This post has been edited by mphpopular: Oct 6 2008, 09:59 AM


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What does the breakout 3/4 of the apex meant???
Anyone wanna try to explain????


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You mean like this? Sorry ya, cause I not really good in english. So using image is much easier for me.... Hehe.

Edit : LOL LOL LOL Today juz like hitting jackpot. Gonna praise myself to be brave.... LOL

Edit : And forgot my manners jor bcoz too syok pipping. Thanks kevler. You clear my doubt jor.

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Added on October 6, 2008, 11:53 amLet sumarize today position. Really like hitting Jackpot. All position was open today morning except EU.

Closed position:
Short nzdjpy at 68.42 SL 69.32 TP 67.59 CLosed at 67.70 +72pips
Short eurjpy at 142.51 SL 143.77 TP 141.20 Closed at 141.48 +103pips
Short audcad at 0.8273 SL 0.8374 TP 0.8183 CLosed at 0.8185 +88pips
Short gbpusd at 1.7629 SL 1.7680 TP 1.7527 Closed at 1.7596 +33pips

Floating position (Short Term):
Short audjpy at 80.88 SL 82.03 +272pips
Short gbpjpy at 185.41 SL 187.61 +282pips
Short nzdjpy at 69.01 SL 0.00 +144pips

FLoating position (Long Term):
Short eurusd at 1.3805 SL 1.4012 TP 1.3337 +192pips (Open since laz friday)
Short gbpusd at 1.7705 SL 1.8150 TP 1.7070 +125pips

This post has been edited by mphpopular: Oct 6 2008, 11:53 AM


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Honestly is really by luck today, I do all analysis during saturday sunday, almoz spend two day full to finish off all those pair analysis. Almoz die, then I plan to open position by today afternoon one, wanna wait for market to calm down first. But today morning really see alot of nice entry price, so I take the position. Didn't expect will gain so fast one.

You envy me, I envy you also ah. Today gonna rest jor. WOnt open any trades jor. Juz monitoring my trades is enough jor. Now problem arise is when to exit...

Ok, thanks, I saw from the screenshot jor. Oanda really sux, but today morning I place the trade, I didn't realise about the spread. I always thought GU is having 3 spread only. Who know, once I place trade, I saw negative floating of 10pips, frighten me out, luckily the trade is won.

Edit:
http://forum.lowyat.net/index.php?act=ST&f...0#entry20415447
Go have a look on the thread I open up, I having 5 mt4 running and 1 oanda running in my laptop now, I juz now really busy like hell, keep on click calculator to find TP SL, then finding where's the posible SR. Then kena see some more is it I should open the trade on GU (That y I ask kevler about the apex stuff).

My laptop fan now like almost pecah, keep on zzz zzz zzz. Work overload.

Until now havent take my breakfast yet... Gonna rest a while jor...

This post has been edited by mphpopular: Oct 6 2008, 12:22 PM

GJ why I keep the trade, was juz a really super good luck

@bulkbiz, congrats.

All position closed except GU and EU long term

audjpy gbpjpy nzdjpy = 911pips



This post has been edited by mphpopular: Oct 6 2008, 12:25 PM


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H & S formation in UJ daily chart. But only trades can be taken after the close below neckline. Now gonna ask our fundamentalist over here again.

Case(1)
For example, In EU and GU, we still expecting a further Downtrend. Which means USD is getting stronger and stronger.

But in UJ, you can see the trend is DT as well. Ok, For sure, it does mean that JPY is stronger and stronger, but in opposite way, does it mean that USD is going weaker???

So, the key point will get negation result by comparing EU and UJ pair.. USD stronger in EU but USD weaker in UJ? Sounds weird.

Case(2)
Assume USD in recovering mode, whereby USD is not improving nor going behind. But in the same time JPY is getting stronger, and EUR is getting slower, then it might make sense.

EU (DT) + UJ (DT) = EJ (DT)

I also abit blur with what I'm telling, need other comments here.


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BEar Flag on GJ.

i wish the bear flag could stand and tahan until US session then only breakout... Wish only la.


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@small-jeff
see post 812, can help explain a bit.

Personally from me, I mostly wont taking the UJ short position, not really suit my taste and really abit of scared of, althought there is a H&S, i will pretend that I didn't see it.