GJ


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EJ


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mph..u should trade what u see..

i need the discipline to stop looking at my forex platform today made about 500 pips and i'm still greedy..

what a break out gu & gj..
should hv trade it

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Added on October 22, 2008, 6:37 pmmarket is crazy

This post has been edited by freakinfellow: Oct 22 2008, 06:37 PM

yup....too many suddent movement up n down... playing hard to catch! grr.......

hmm? y suddenly breakout ?

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Added on October 22, 2008, 7:30 pmwhere got breakout? or r u referring to few hours ago? (2-4pm?)

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Added on October 22, 2008, 8:38 pmshort EJ 127.808..

This post has been edited by kelvin_tan: Oct 22 2008, 08:38 PM

any forcast for aud vs myr?

holding +30 pips.. SL +1 now..

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Added on October 22, 2008, 8:42 pmwe dun forecast against the malaysia ringgit dude..

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Added on October 22, 2008, 8:46 pmshort EU 1.28703

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Added on October 22, 2008, 8:48 pmUSD/CAD is ... crazy...whole day UT only..

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Added on October 22, 2008, 8:55 pmEU set SL to +1

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Added on October 22, 2008, 8:57 pmstopped out on EU .. gonna wait for a clearer signal

This post has been edited by kelvin_tan: Oct 22 2008, 08:57 PM

use stop loss in this kind of market... see mine....



Attached File(s)
 22okt.zip ( 6.53k ) Number of downloads: 17

100k deposit? woot heh me still student.. start with 500 USD only ><

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Added on October 22, 2008, 10:24 pm1.2800 seems to be a strong support for EU... tested 3 times already today and still can't go lower then that..

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Added on October 22, 2008, 10:27 pmi still can't find any nice entry points.. =/ the market seems.. so dead during US open..

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Added on October 22, 2008, 10:32 pmanyway mph.. spreads on oanda is better already.. yesterday i saw EU with 0.5 spread only ^^.. overall the spread isn't so crazy like last 2 weeks..

This post has been edited by kelvin_tan: Oct 22 2008, 10:32 PM

[quote=kelvin_tan,Oct 22 2008, 07:26 PM]
hmm? y suddenly breakout ?

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Added on October 22, 2008, 7:30 pmwhere got breakout? or r u referring to few hours ago? (2-4pm?)

he meant the breakout at 12 noon today... hope u guys made some nice profit.

i wanna try some carry trades.. wanna look at long term on the NZD/USD ...

try GJ la.... ^^

lol..nope.. thats one of the curency pairs which i wont touch.. >< dun like getting stopped out within 2 minutes lol

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Added on October 22, 2008, 11:06 pmshort EU 1.28975

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Added on October 22, 2008, 11:12 pmSL for EU set to +1... gonna sleep .. tired .. nightz

This post has been edited by kelvin_tan: Oct 22 2008, 11:12 PM

Yeah, I saw EU with 0.9 juz now. Nice spread there. I holding EJ and GU short now. Quite afraid, coz It is not a good price entry. MY EJ SL at +1, and almost get hit for the second time jor.

NZ interest rate announcement tomorrow, could be a big drop.

GU shorted a while ago.

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Added on October 23, 2008, 7:16 amHere some quick point to refer. Juz refer back my chart and you will get it.

GJ:
The H4 posible channel (dotted line) is broken. I didn't dare to enter the trade bcoz the volatility is too high, and I cant bear the lose.
H4 channel broken show the posibility to go down further. But I dunnno until where it can goes down, bcoz it have touch the monthly TL
*But I sell GJ in my demo with 400+pips now.. LOL, Real one I didn't trade, I cant find the TP for my short... SO I Skip it.

EJ
The H4 channel broken which leads to the FIbo 61.8 in Monthly TF as TP.
I have one short on EJ at 127.88 and with a TSL of 200pips

GU
H4 channel is broken and tested. M15 bear FLAG is broken and tested. So now if we break 1.6131, the previous low, we can go down further.
MY TP is at 1.5970 and 1.5850. HOlding 2 shorts at 1.6265 and 1.6245

EU
Break 1.2736 then go dip further
I didn't enter EU short, bcoz I afraid of the posibilites of the support of dotted white TL in H4. I rather skip it off. No way risking my pips.
But if for shorts, first TP will around weekly FIBO 50.0

PS:
All the above is juz a summary from myself and shouldn't be trade as signal. Juz an advice and a key of current situation.
Besides, the market is really dipping down and down..

This post has been edited by mphpopular: Oct 23 2008, 07:16 AM


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EU.. descending triangle detected.. going to enter a short..

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Added on October 23, 2008, 10:28 amtake note.. 1.27365 is the resistance point for EU.. if it passes it and closes below it.. expect it to go down even further

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Added on October 23, 2008, 10:29 am@howszat
thanks for the heads up on NZD =)

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Added on October 23, 2008, 12:06 pmclosed EU with 70pips.. careful.. triple bottom on EU

This post has been edited by kelvin_tan: Oct 23 2008, 12:06 PM

looking to enter short on uj..what do u think guys?