I have both oanda + mt4. So now I really getting the experience from both.

Juz now in EJ downward movement, the price is keep jumping between 2-3 pips in mt4, Keep on getting requote requote and requote, when I'm into the market, I already late for 11pips from my expected entry jor.

In oanda, the spread goes higher, but for sure you wont get requote this word, but remember, the spread is HIGH.

Thanks for you guys advice, remember it by heart already

i also dunno wth is wrong with oanda.. their spread used to be so tight... now due to all this things happening the spread got a lot higher.. but anyway where did u enter in EJ?

Short 134.79. Exit 134.54

Edit:
Newer low achieved for EJ and GJ jor.

This post has been edited by mphpopular: Oct 8 2008, 06:46 PM

thank god for this miracle.. i kept increasing my SL just now .. was holding -70 pips and now finally its back to positive... scary... =/

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Added on October 8, 2008, 7:00 pmclosed position with +5pips.. whew ~~

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Added on October 8, 2008, 7:00 pmWOAH !! CHECK OUT THE SPIKE UP ! EJ !!!

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Added on October 8, 2008, 7:01 pmback down ><

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Added on October 8, 2008, 7:04 pmwhat a speedy retrace to the 161.8 fibo on the weekly chart... glad i got out of that one early..

This post has been edited by kelvin_tan: Oct 8 2008, 07:04 PM

@kevler
Did you realise there is red news now??? VERY RED. I guess that y the trend going insanely.

Tonight stop hunting jor, wanna sleep earlier, bye guys.

Remember one thing:-
Current market volatility very high, abit insane. So I stop out today trades, nvr greed. Even you can see juz now, a decline that built up thoughtout hours and hours have a full 100% retracement in 15m.

Wish you alot of pips.

i managed to scalp 70 pips but i only bought 300 units as i was scared.. >< earn 2usd lol.. i think i might follow ur footsteps mph... i'm overtrading today.. i think i made about 7 trades already.. mostly profitable but i have a feeling i will lose really soon..

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Added on October 8, 2008, 7:13 pmanyway the reason for the sharp increase is because global banks agreed to cut interest rates by 0.5%

This post has been edited by kelvin_tan: Oct 8 2008, 07:13 PM

Ya, my charts now is in a mess, I need to clean up my chart, and do abit working again to see any nice formation there for me. Hehe, might post chart during the midnight, since I wanna go take nap now.

Tonight still got another home sales red news.

mph
heh ur charts has thought me a lot thanks for the work.. anyway i'm going to stop trading for the day... the spread is high on nearly all pairs except GU, USD/CAD and USD/CHF..

take note for those that trade solely based on TA... double top has formed for EJ ..

DO you believe I juz downloaded a ebook which contains 1000pg to read off. Encyclopedia of chart patterns. LOL, I guess gonna use 1 year to finish read it. LOL.

spread high is also another term of requote...or slippage....any of these 3 means sway very far away from the price u wanted

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Added on October 8, 2008, 8:02 pmthats because u not yet know how market pricing works.....

couple month ago UJ use to move around 30-7x pips up and down and GJ is around 100-200 pips up and down......now UJ move around 100-250+ and GJ around 300-500 pips

This post has been edited by dr2k3: Oct 8 2008, 08:02 PM

where do you guys get the history of currency dated back till 1980?

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Added on October 8, 2008, 8:10 pmwat book is tat; mind to share?

This post has been edited by KVReninem: Oct 8 2008, 08:10 PM

next thing to look for....cut the freaking Libor!!! Rollover on EU (buy) is -20.0 for mini... lol

This post has been edited by small-jeff: Oct 8 2008, 08:15 PM

Celaka. I doing trade and my mt4 server down???? DAMN BROKER, I gonan kill u.

Ham lor my pips.

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Added on October 8, 2008, 8:46 pmGoes to 4shared.com, search encyclopedia of chart patterns. That the books. I have 2 open orders with my mt4, now manage to close one of it. And another one stuck there yet. CELAKA. I gonna go complain gao gao gao...... Pips is so susah to gain. Dont play me le broker...

This post has been edited by mphpopular: Oct 8 2008, 08:46 PM

Yesterday, i've post same question also but no reply from sifus here
Can anyone help me in answering it? Is forex gains is taxable when transfer money from US to Msia bank account?
Nvr invest in US before

LIbor? US just plan to cut to 1.75 % rates nw..

Fed and other banks including those in europe and china already cut lar

Libor is the borrowing cost from banks...since most tradings uses leverage, which borrows from banks, the leverage we use will be more expensive. On economical point, businesses will find it difficult to borrow money to expend their operations.

not too good in explaining, maybe you can google it for better understanding..

I'll nvr imagine how mess is my charts look like, trading opportunity keeps on pops up, I cant even have time to clean my charts.

EG H1
The broker disconnect juz now make me delay in posting my charts, guess its too late to show the entry jor. ZZZ. Sorry guys.

This post has been edited by mphpopular: Oct 8 2008, 09:45 PM


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what do you think of the trend now, i feel like it it changing to Short term up trend . i waiting it to come back test around 0.7797 , then i will enter a long. i think you have make a good trade , 15min / hourly and 4 hourly time frame all pointing up

This post has been edited by r326196: Oct 8 2008, 09:43 PM

with an abcde correction?