cs is wat?
GJ I not dare taking any trades now, unless I saw something lor. The spike up on EU GU EJ GJ, making me reconsidering to entering any trades. Hehe

Rather play safe.

Ya, same here, BEar sleeping awhile, but seems like DT going to resume soon....I on hold again for UJ short, idiot UJ dont keep up 1 candle down 1 candle le... I will die one... But I thinking to get UJ down to the end.

GU short already closed due to spike up juz now, nvr thought such a huge spike up, hit my SL.

EU stilll got one short on hand.

EDIT:
Gonna use 4H TF to trade UJ now, see ing the 15m candlestick will make me vomit blood... Use big big big TF.

This post has been edited by mphpopular: Oct 7 2008, 01:22 PM

I forgotten where I have read this article about. But it something like this.

Trading with overleverage. Trading is juz gambling, you always have 50/50 in winning and losing. So, spread increase your percentage of losing, but TA and FA increase your percentage of winning.

So now, if you dare and want to win back, take out a 1000usd, use 100usd to open the very first account.
Calculate what is the largest position you can open, need to add in for draw down as well, if not you'll get MC, trade with all you have, is either win or lose. Only take those trade with risk reward 1:3 above

Report shows that, our luck is around 70% lose 30% win. So juz calculate the math, at the final you will win, but you might have get 9 MC, but 1 time, you got back your 1000usd + alot of profit.

LOL, our government very cute one mah, when wan increase oil price, then say, we use floating. But when the international oil price decrease, he say, we still cannot let it float yet. OMG, up then use float, down then use fixed, clever government.

Even that time oil price drop from 140 to 110, our beloved neighbour already drop oil price for the fourth time, but we still havent drop even 1 cent.

Worse case is, drop only drop 15cent, up then up 70cent. Kuat lor dia makan. Patutlah semakin gemuk. Sakit hati I tengok ini government.

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Added on October 7, 2008, 4:15 pmJackpot Hitto

This post has been edited by mphpopular: Oct 7 2008, 04:15 PM

Do I look insane if I said I wan set a TP of 700pips???

Will it be this one? Not really sure.


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5m chart.

The market is super boring. Guess I will go sleep in 1 or 2 minute. Really eye cant stand jor. Want to lelap jor.

This post has been edited by mphpopular: Oct 7 2008, 07:04 PM


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SHort for UJ closed, the price juz stall at there, nvr move. Rather than risking my pips, so I closed it off for 98pips. But juz now afternoon lose UJ 50pips, and just now lose another 20pips, left 28pips gain for today. Dont want trade jor. No movement de market.

Triple TOP in GU jor. Not even dare to open my live trading account mt4. The market consolidate in a wide range. But insense, it suppose to be a good pips to catch from down to up,then from up to down.

Not yet kelvin, they're juz trying to cover over the gap by monday. Now the EU have cover over the gap, I believe there is alot of sell order at the gap there, they're waiting the best price to go in for a short for EU.

While for GU, the triple top formation havent been broken out, so it still lock inside the consolidation mode. GJ and EJ I not sure jor, even UJ I also not sure.

I already shorted both EU and GU. But unlucky, GU hit my new SL at +1, so tonight lazy to care GU jor...

I currently act abit insane, trying to pick at top. LOL, but it risk me lesser, once go -20pips. I out, but if i waited for those line to broken only i enter, i nid a bigger SL 40pips - 60pips. So i trying to pick top, but with alot of condition inside la for sure.

EJ GJ.

Both should able to break at the same side to make the trades valid. Which mean, if EJ break top while GJ break down. So better staying out of the trades.


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Triple top in GU. So watch out.


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UJ, a DT channel in m15 + H&S neckline broken formation in daily TF (Retested neckline already)

Now I myself also finding a good entry point. Regret for closing out my short too early.

Edit:
Starting to fall in love in oanda, bcoz there is no such word as "requote". I hate during a fast trend, I wan to enter market in mt4, they keep give me out requote requote requote. I rather to pay more spread in oanda to get a direct hit and deal price. Maybe during price running fast, spread such as GU goes until 5, but if the trend is fast, the 5pips is just nothing.

Besides, juz finish take a 52pips from GJ small short.

This post has been edited by mphpopular: Oct 8 2008, 03:57 AM


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All plz check out your EJ shorter TF 15m, but we might catch a small retracement jor. If cant get wat i meant, I willl try post chart later if i free.I closed out all my EUR short jor.

@kelvin
I getting blur to see oanda statement, dunno what it write. Wanna keep record of my transaction also hard.

This post has been edited by mphpopular: Oct 8 2008, 08:23 AM

Closed below 137.19, we go down. If not, we go up. Easy for EJ now.

Currenthly for EJ

PS: Trade with your own way, I juz trying to alert you guys with where is posible Suport and resistance whereby you might didn't notice it. Take those you love and leave those you dislike.


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No, actuallly you have an account on the broker there, when you get profit, then your balance of your account at your broker there increased.

Only when we say payout, or take out fund, then only is take it into our bank.

It juz a similiar way of trading stocks in malaysia, you place money in the OSK first, then only you trade, you win, the money still inside OSK account.

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Added on October 8, 2008, 10:36 amDepends which broker de micro account.
If for Fxopen , liteforex, 0.10lot, 1pips = USD 0.01.

So you're using which broker?

This post has been edited by mphpopular: Oct 8 2008, 10:38 AM

What is moolah??? You mean money?
Depends on your broker actually, if you using oanda, then you request payout thru paypal, maybe juz take you 2 days I guess.
If you using ibfx, alpari, fxcm, they only allow TT transfer, so might wait for 5days for the whole process to be settled.
If you using fxopen or liteforex that offer us a local bank transfer, you request, then I guess also nid 2 days, they need to process it as well.

EDit:
Nothing much to trade, I go take nap la, very tired. Nitez.

This post has been edited by mphpopular: Oct 8 2008, 10:45 AM