lol i adjusted my SL lower once i'm profitable as i dun want profit to turn into lost..

Not really, for my Long term trade, my risk reward ratio is always 1:2 and above.

SO if I aim for 400 pips, and my SL is 200pips, I will take the trade, if the SL is around 400pips, then I'll quit from taking the trade.

Where to find SL? above trendline, fibo or others. SO if riskrreward ratio does not suit my taste, i will just ignore.

waiting for EJ to drop by 147.700..
anyway mphpopular.. what commodities affect yen?

PMed him, this should be interesting

lol.. y bother ? nobody responded to him at all

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Added on September 16, 2008, 11:36 ambtw.. do post the reply here

This post has been edited by kelvin_tan: Sep 16 2008, 11:36 AM

He went offline but yea if I ever get one I'll post it

alhamdulillah ...GJ trend still bearish ..

i dont see any sign of bullish yet ...except if the triangle is performed.

if triangle , we can see exact sign of bullish ...expected bullish up to 198.xx

kelver what triangle? shotred EJ @148.774 and shorted GU @ 1.79360

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Added on September 16, 2008, 12:54 pmGU GU GU please go down

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Added on September 16, 2008, 1:10 pmGU closed at +3 pips.. too scary..
EJ waiting..

This post has been edited by kelvin_tan: Sep 16 2008, 01:10 PM

i'm talking more into Harmonic pattern and wave pattern ..it helps trader to check any sign of bullish/bearish ..

http://harmonictrader.com/price_patterns.htm

EJ closed at +20pips..

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Added on September 16, 2008, 1:20 pm@kevler
thanks =) do u have a chart with u? could i have a look at it?

This post has been edited by kelvin_tan: Sep 16 2008, 01:20 PM

this chart is from my friend ...kudos to him



This post has been edited by kevler: Sep 16 2008, 01:28 PM

Shorted EJ @ 148.740
@kevler thanks for the chart =)

ooh..my bad..

relax lar brother..was just asking for opinions...you mean ppl are using USD and JPY to trade just to hedge against their own currencies (i.e. Euro)?

anyway, you have any particular outlook on CHF?

CHF was quoted as a safe haven on cnbc.. lol.. thats all i can comment ><

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Added on September 16, 2008, 1:53 pmClosed EJ for +12 pips.. better play a bit safe after getting burnt yesterday

This post has been edited by kelvin_tan: Sep 16 2008, 01:53 PM

larry pesavento?

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Added on September 16, 2008, 3:34 pmhmm... jus wanna share wit whom like to read... this is 1 of d palce where i usual look for e book ^.^

http://www.bizfun.cc/forum/index.php?PHPSE...5df2c&board=8.0

This post has been edited by low yat 82: Sep 16 2008, 03:34 PM

Today my methodology juz kill me off like that in the ranging of EU and GU.

Both pair dont move,up awhile then down awhile, and keep on hit my sl. Tak tahan. So pain.

mphpopular.. focus on EJ .. see if it pierces through the FIBO S2 on ur chart

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Added on September 16, 2008, 3:53 pmn finally my platform spread cool down... duno y on monday the spread is higher.. =/ by 1-2 pips T_T

This post has been edited by kelvin_tan: Sep 16 2008, 03:53 PM

Juz now is a good price to short EJ. But my line too bad and making me keep on "invalid prices". So only manage to get a 40pips from GJ. But EJ tak dapat.

EU GU today total loss 140pips. I long it go down, I short it go up. Today dont want EU GU jor.

i've only been able to scalp EJ... about 10-25 pips.. cause yesterday get burnt and reluctlant to let it float cause it was showing a lot of resistance at the FIBO S1 u showed in ur graph

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Added on September 16, 2008, 4:01 pmScalped EU a bit more i love oanda.. the spread on EU is 0.9 ^^

This post has been edited by kelvin_tan: Sep 16 2008, 04:01 PM

huhuu... i can see some1 is touchin bc gj n comin bc wit some nice pips ^.^ goodluck.. mayb d GOD showers u wit more profit as well