EG sot jor, go up until tak mau stop. Today GBP keep suffering. Not EUR growing, but is GBP drowning.....

GJ

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Added on October 8, 2008, 11:58 pmA closed below 99.75 needed so that UJ can cont the DT. This is the very first requirement.

I juz set-ed a pending order sell for GU at 1.7326. Will exit the trades immediately if something gones wrong.

This post has been edited by mphpopular: Oct 8 2008, 11:58 PM


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I dunno scalp at all, some more one thing very strange on me, I nvr going bigger lot size than usual one. Coz bigger lot size, I will do all wrong....

Fixed. Either 0.1 or 0.2. More than that, lose.

Now is time for me to practising all my analysis skill and discipline first, after all this done, will train how to trade relaxly / trade calmly even with lot size 50.00

My short holding since few hour ago at 99.53, guess you get a better entry than me,right??? Now in green pips.

And for EG juz now, jackpot hitto, congratulation to you and me. LOL

Congrats, I love quite markets as well. Scalp for 10-20pips in quite market is fun...

OMG, my GU sell limit order not activated yet, juz nid 2 more pips, nvr mind la, if the GU pips run, let it run la, tired to chase pips jor... I wanna see my anime.

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Added on October 9, 2008, 12:14 amWill close my UJ when I saw a lower low. Cause when we see lower low, that is the retracement time to come... Unless the DT is super bear.

This post has been edited by mphpopular: Oct 9 2008, 12:14 AM

Why dont it hit my order first only go down? LOL, then I would have closed for GU 30pips now and slep... LOL. Today another good day....

He meant 1.7347. But now need to wait, I wish the retracement havent finish yet gua. It is so sad to have your pending order 2 pips away from price. Juz luck.... NVr mind, still got tomoro...

Still reading some books and chart formation, tiring... zzz..... kor kor kor. I slept jor.

EDIT:
EU for me yes, GU not much room to go, around another 1000pips (1.65) area. EJ I tak tau, GJ I tak tau. Cannot find the next TP. Cant get any new clue.

This post has been edited by mphpopular: Oct 9 2008, 12:29 AM

If closed below 38.2, then we aim for 61.8, sounds irrational. But might be it is right????

Edit:
Juz found out I today touch GJ once only, actually today GJ offer alot of pips today. All nice nice pips. Juz I didn't realise it. Watch too much pair until my concentration run out.

This post has been edited by mphpopular: Oct 9 2008, 12:32 AM


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98.38 first tp 97.77 2nd tp. But better adjust SL to +1 once you've chance. Safer. I now still waiting my UJ.

PS: Trade at your own risk, what you see is what you get, trade from your chart and system wisely.

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Added on October 9, 2008, 12:34 amNo ppl will say I have too much of knowledge, better learn more abit, useful or not, decide future.

This post has been edited by mphpopular: Oct 9 2008, 12:34 AM

9934 yes, 9914 can give me reason??? I cant see, or charts? I mostly will leave the trades goes overnight, reason :- I can let my trades goes against me for 100pips juz now, y must I close it when it is in +10pips now??? So I gonna take the risk. I already count the risk reward earlier, so now juz manage trade can jor.

Look for your own exit bro, it depends how long you wanna hold it. Make a safe trade.
Decision on your hands, either win small win big or lose all. It's your choice.


@kevler
Nitez

This post has been edited by mphpopular: Oct 9 2008, 12:41 AM

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


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

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

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.

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.

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

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


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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.

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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

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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

I used the smallest size I have. Thanks for the remind. I nvr trade more than 0.10lot or 0.20lot. and that is also the smallest I have.

Gonna trade carefully. Better safe rather than regret.

Once kelvin come back, he sure laughing bcoz there is alot alot of pipps floating for him jor. He did the correct thing today. Guess he nonid to trade for the night time jor gua...

This post has been edited by mphpopular: Oct 9 2008, 01:36 PM

Same here, got some losses, after I settle out this few trades, then I'm done for the day, gonna read read read first. Goes back to my chart pattern.

Kevler, always love your EW. Make it your proffesion.

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Added on October 9, 2008, 1:47 pmAnd one more thing to share out :-

NVR TRY TO RECOVER YOUR LOSSES

Why? Bcoz at the time you think you wanna recover your losses, you'll making tons of tons of wrong trades which lead you to further worse situation.

How to overcome:
1) Do other thing so that you wont concentrate on your losses, such as gaming, read newspaper, radio, sing and so on.
Calm your mood down first, then only think where to trade again.
My GJ -135ve pips was bcoz of my intention to recover my first loss -40pips. That's y I lose more.
SO juz now, I go for gaming around 2 hours and calm down and trade again

2) Train yourself to treat losses as a part of your life.
Still learning.

It's vital for traders, in my own judgement la, dunno you guys.

This post has been edited by mphpopular: Oct 9 2008, 01:47 PM