A rising wedges.
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FOREX TRADING HQ VER 4, Speculators, scalpers and traders wanted
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Oct 9 2008, 03:07 PM
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#201
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2,214 posts Joined: Oct 2007 |
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Oct 9 2008, 03:18 PM
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#202
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I using micro lot ah. Every pips movement for 0.10lot is USD 0.01.
I now gaining experience, not going to earn money from forex yet. First aim is not to lose money first. SLowly and slowly only I built up. I juz a small ppl with poor wallet, so I dont have many money to go. Juz can gain experience now and slowly save money. |
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Oct 9 2008, 03:24 PM
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#203
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Haha, its ok. Is I confuse you jor... Should put microlot 0.10. Like this will be clearer...Hehe. Now still waiting. Nothing much to trade, GJ and EJ trade juz now hit my adjusted +ve SL. SAD.... Now juz wait and wait la. See ada apa.
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Oct 9 2008, 06:04 PM
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#204
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Now EU is around 1.3776 close out the monday gap jor. Then now we should think, either you wanna try to short at the here. Or rather wish him going up and up. I really dunno, I juz closed out my EU short for 3pips only, At first, I thought It might resist there and down again, but now I'm not sure. This range is too big.
EJ GJ undecision. Any one got any charts to give me some inspire??? Cant really found any stuff from my charts now, blank.. LOL |
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Oct 9 2008, 06:43 PM
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#205
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JPY wakening, But the GBP is tanking like hell. GBP JPY langsung dont want go down. GBP VERY geng tank.....
Added on October 9, 2008, 6:57 pmI found UT channel in EU EJ GJ. But not in GU. How come nowadays the pair not correlated anymore ah... Scary, staying away... See only. This post has been edited by mphpopular: Oct 9 2008, 06:57 PM |
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Oct 9 2008, 07:44 PM
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#206
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2,214 posts Joined: Oct 2007 |
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Oct 9 2008, 07:47 PM
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#207
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Oct 9 2008, 08:00 PM
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#208
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Oct 9 2008, 08:11 PM
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#209
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Oct 9 2008, 09:25 PM
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#210
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Didn't take any trades at all. Today langsung no feel with the market. See here see there also didn't have any nice entry price.
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Oct 9 2008, 10:47 PM
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#211
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Very uneasy feel with the market, unless you is scalping, if not I really also dont want to take a trades at all. I seldom see my meter working like this, make me uncertain with which direction to go. Act too strange already. Today juz sit here read chart la.
No any country is winning at the prior one, but all the pairs still moving insanely, which means, all pair moving without correlated to each other, how come??? I also dont understand. This post has been edited by mphpopular: Oct 9 2008, 10:48 PM Attached image(s) |
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Oct 10 2008, 12:46 AM
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#212
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QUOTE(kevler @ Oct 10 2008, 12:11 AM) thanks mate ..maybe i need to focus on smaller timeframe especially 5min ...buy from bottom , sell from top LOL, I like how you describe it, DISASTER. while we in economic turmoil ...perhaps scalping is the best solution i can use by the way .. p/s i'm looking forward for Eu/Aud currency ..the spread is more disaster then GJ ...try with your own risk .. |
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Oct 12 2008, 08:36 PM
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#213
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2,214 posts Joined: Oct 2007 |
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Oct 12 2008, 09:11 PM
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#214
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Why EU should have further down? My own TA thinking.
Added on October 12, 2008, 9:12 pm QUOTE(small-jeff @ Oct 12 2008, 08:57 PM) this i dont get it...The fed ordered freddie and fannie to purchase $40bil of troubled assets PER MONTH...dont think they'll buy at fair price. So, what are they going to with it after buying it over? WISH SOME one can explain for you, coz I not a FA. Sorry.... I only can post up TA stuff.This post has been edited by mphpopular: Oct 12 2008, 09:12 PM Attached thumbnail(s) |
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Oct 12 2008, 09:33 PM
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#215
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Oct 12 2008, 09:42 PM
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#216
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EJ
Added on October 12, 2008, 9:44 pm QUOTE(kelvin_tan @ Oct 12 2008, 09:34 PM) hahah ncie clarification on ur charts mph.. i was wondering is it still downtrend.. but be careful though.. i read an article on cnbc saying that its very close to the bottom already.. at max a further 20% decline I love to draw draw draw on charts, I juz like it, I also feeling the same, If we did see on Monthly chart on many pairs, all the pairs is just either going up / down rapidly without retracement, once the retracement come, many ppl will suffer great loss. So trade with care. I wont be holding any long term trades, but juz using the long term sight to do those intraday trades, to make sure I didn't go the wrong way. Added on October 12, 2008, 9:38 pmthere are still some pips to be made on the GU pair.. but short with caution... So trades with care guys. This post has been edited by mphpopular: Oct 12 2008, 09:44 PM Attached thumbnail(s) |
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Oct 12 2008, 10:30 PM
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#217
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Oct 12 2008, 10:44 PM
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#218
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QUOTE(kelvin_tan @ Oct 12 2008, 10:36 PM) dammit mph ur a great chartist.. i wish i could draw charts like u n take time to analyze.. i'm mostly on stoch + pivot + fibo only.. the other SR lines i get them from u.. and i'm not good in identifying charting patterns.. should reallytake some time to have a look at the websites u listed out in earlier post but i've been busy.. Myself also still learning how to draw charts, wish other could correct me as well. Gaining experience in order to draw a better chart. I draw every week since the first day I trades, So, I've drawn countless charts, guess that is what build me up.Added on October 12, 2008, 10:38 pmoh anyway from my own perspective of EJ .. from last week.. i recommend u guys not to touch it unless ur SL is about 200 pips.. last week my SL got hit so often due to the high volatility and it is really very near the bottom for the EJ pair.. careful of retracement.. Identifying chart pattern, me also havent really know how to see it, Juz sometime got luck and saw something special there. Hehe. Basically like this, For me, EU GU still have room to down. BUt not in GJ and EJ, IF monday close appear to be a bullday for GJ and EJ, I might take the GJ EJ as a long term carry trade, Juz win the interest is enough jor. Juz keep it until next year also nvr mind. Unless GJ EJ keep going down and down. |
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Oct 12 2008, 10:50 PM
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#219
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Something miss out in EU. Better to short it at higher point.
See the OLD GREEN channel. Added on October 12, 2008, 10:51 pmGJ offer a high interest for us if we put a buy. So, it is a good idea to keep it as carry trade, BUt must remember, you account must have enough equity for the pair to draw down. ONe GJ downward movement could cost you more than 400pips in nowaday. This post has been edited by mphpopular: Oct 12 2008, 10:52 PM Attached thumbnail(s) |
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Oct 12 2008, 10:53 PM
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#220
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Got your point on the "several country leader together to solve this problem u can see how serious this has become....."
I note it down already, paste it on my desktop. Thanks. EDit: Bcoz If I wanna take this as a LONg term carry trade, now I gonna find enough reason to stopped me out from entering the trade, I must know all the reason that I shouldn't take the trade in order to safe my pips. This post has been edited by mphpopular: Oct 12 2008, 10:55 PM |
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