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bulkbiz
post Feb 15 2009, 09:36 PM

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QUOTE(dreams_achiever @ Feb 15 2009, 08:15 PM)
Wow, chart can be view horizontally.  biggrin.gif
I haven't try it before. Is it your new hdphone?

(ps: Sorry for offtopic since FX no trade today. hehe biggrin.gif)
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old phone....just installed
bulkbiz
post Feb 16 2009, 11:15 AM

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http://www.investopedia.com/articles/tradi...playinggaps.asp


This article explain about gaps and how to play gaps.
bulkbiz
post Feb 16 2009, 04:44 PM

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03:38 GMT February 16 The GBP/USD opened in Asia around 1.4345 and was
immediately clobbered lower. There was decent GBP/JPY selling flows after the G7
finance ministers neither discussed the strong JPY nor the weak GBP as some
thought they may. What really dented the GBP were articles in the UK press
highlighting the UK, Irish and Western Europe banking sector woes. The GBP/USD
charged down to 1.4200 before decent standing bids at that level discouraged
further attempts lower. The UK Rightmove House Price Index showed a 1.2% monthly
rise, the first in eight months, but had little impact on the GBP in Asia. The
Asian market went quiet in the afternoon, but GBP/USD and GBP/JPY sellers
emerged every time they tried to rally.
The market"s focus has been drawn to the woes of the global banking sector
for a week now and this has been the main weight on the GBP. Analysts are now
keeping an eye on developments in Eastern Europe debt crisis and the potential
flow through to Western European banks. Key support for the GBP/USD is found
around 1.4140 and break above 1.4265 could see a gap filled towards 1.4350. (JN)
bulkbiz
post Feb 16 2009, 10:12 PM

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LOL u guys just hantam the advertiser....
bulkbiz
post Feb 17 2009, 01:26 PM

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QUOTE(Txi @ Feb 17 2009, 12:49 PM)
If anyone's interested :

GBP is at the 14200 level and I think it's gonna die again , think it will  pierce the 138 level .

Good luck trading to all
*
haha, I thought last week you said it is going to drop to 1.30 level, now u said it is gonna drop from 14200 to 13800, well I think I can trade for RHB too!! Got vacancy? Getting pissed off with my current job.
bulkbiz
post Feb 17 2009, 03:23 PM

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EURO/CHF, notice the support line at 1.4820, price rebounced a few times before at this level. Will it break??? or rebounce???

Attached Image

This post has been edited by bulkbiz: Feb 17 2009, 04:10 PM
bulkbiz
post Feb 19 2009, 02:06 PM

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Attached Image

SHORT??
bulkbiz
post Feb 19 2009, 02:22 PM

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Attached Image


AU H1
bulkbiz
post Feb 19 2009, 07:16 PM

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QUOTE(kevler @ Feb 19 2009, 04:48 PM)
small retracement , then it will flow with bullsh i t  trend ( oops sorry , i mean bullish)

refer to monthly chart and weekly chart

huhu
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Maybe i can get the retracement pips?
bulkbiz
post Feb 19 2009, 09:30 PM

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QUOTE(Ibrahimovic @ Feb 19 2009, 09:12 PM)
Anyone do trading system that posted in ForexFactory?

http://www.forexfactory.com/forumdisplay.php?f=71

I becoming quite frantic by having 5 of the system like SonicR, Sidus, Cornflower, Force 5 minute and AshFX Daily.

What do you all think about  the best trading system used?

It's dizzying to switch 10 tabs on check everything is in order....
*
You can try out one by one and let us know how is the result.
bulkbiz
post Feb 20 2009, 10:04 AM

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QUOTE(coldfusionpower @ Feb 20 2009, 12:35 AM)
SonicR for intraday trade on M15 (only one entry a day and i close it the same day)

THV V3 for scalping on M1/M5.. usually take profit are between 5-20 depending on M15 conditions.

both has its own pro's and con's ... but i really prefer sonicR more . stress free .. tongue.gif
*
I am wondering the Sonic R system can be use in H4 chart or not, need to test it out. Anyway, the Sonic R system is from raghee book, anyone of you want her ebook can PM me, I can email it to you:)
bulkbiz
post Feb 20 2009, 12:57 PM

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Current EJ H4 chart:

Attached Image
bulkbiz
post Feb 20 2009, 01:36 PM

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QUOTE(vinching @ Feb 20 2009, 12:34 PM)
thx for the UJ...
let spend some time to have a look at it...
*
I like the advertisement in your signature.
bulkbiz
post Feb 20 2009, 05:21 PM

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UJ H4 chart: notice the resistance bounce!!!


Attached Image

This post has been edited by bulkbiz: Feb 20 2009, 05:22 PM
bulkbiz
post Feb 20 2009, 09:17 PM

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QUOTE(mphpopular @ Feb 20 2009, 07:08 PM)
That is the neckline of the double btm
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Which means It is going to break and bull?
bulkbiz
post Feb 21 2009, 10:15 AM

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QUOTE(Ibrahimovic @ Feb 20 2009, 10:30 PM)
Thanks for the chart. I suck bad on drawing it so I appreciate it.

Anyway, I found this on ForexFactory. It so good that it can solve any breakout and answers to all question when trading Forex!

http://web.ics.purdue.edu/~ssanty/cgi-bin/eightball.cgi
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LOL, in the question text field, what shuould I type? Will UJ bull?


Added on February 21, 2009, 10:17 am
QUOTE(LeonTak @ Feb 21 2009, 12:32 AM)
My opinion of the UJ:
A bull is on the way. As of my daily charts (yes , i am pure tech) the EMA has crossed upwards. A sign that it 'may' be a bull. Some of you might say it could be juz a whip, but here's what's supporting my two cents. As of the S&R indicator, it shows an upward signal. Even though it's been consecutively upwards for the past days, overall is still going up. Moving on to Bollinger Band (BB), the elasticity is growing. A trend sticking to to upper part of the band shows there is still room for the bull. If you were to refer to the MACD historgrams, yes it shows small signs of a down wave. Do take note i refer it as a wave instead of the changing trend. If you were to look a lil more, you'd see the linear lines of MACD has shot thru the 0.00 level and is still heading up. By stochs you can see the past 3 waves were getting higher highs, another sign of futher uptrends. Do take note once it is nearing overbought. Another longer term would be weekly as you can see early signs of change. While news may affect the direction, I still kinda think it's a nice bull happy.gif.

For the sifus out there and reading, please do comment. You know la, we all still wana learn more about this FX industry.

user posted image
*
Welcome, welcome smile.gif

This post has been edited by bulkbiz: Feb 21 2009, 10:17 AM
bulkbiz
post Feb 21 2009, 03:19 PM

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QUOTE(Ibrahimovic @ Feb 21 2009, 03:05 PM)
Haha. Yeah but this EA I found in ForexFactory do give out for free. made by SonicR himself!

http://www.forexfactory.com/showthread.php?t=83521

but I don't know how to use it sad.gif Anyone try it? I heard it produce good result.
*
Sonic R system is a scalping tehcnique, I have tried before and it actually works, anyway using this system requires your experience also in predicting the market movement. Read raghee book to find out how the "wave" can determine the market trend:)

This post has been edited by bulkbiz: Feb 21 2009, 03:20 PM
bulkbiz
post Feb 21 2009, 03:23 PM

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QUOTE(Ibrahimovic @ Feb 21 2009, 03:21 PM)
Oh, I think I'm gonna download Raghee book.

So only turn on this EA only when all the signal for either buy or sell is completed? How long do I have to turn it on?
*
I have tried his Sonic R system but not the EA, it is the same actually.
bulkbiz
post Feb 22 2009, 01:06 PM

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QUOTE(orangysb @ Feb 22 2009, 12:17 PM)
I don't agree, EAs are for people who do not have the time to study and monitor the charts all-day long nor do they trade full-time. You ask why waste money on something you can do manually? Lol that's exactly what you're paying for, automation, that's kinda like saying why drive the car when you can walk.

You say EA doesn't have human reflexes, that's precisely where the strength of EAs lie, it doesn't have human emotions involved and strictly does what it's programmed to do. We all know humans are prone to errors and tend to allow our greed and biases to drive us away from our strategies, EAs strip that away.

If all you do is strictly TA only, where you look at a few indicators or a few signals to make your trading decisions, an EA would do it much more reliably than you.

Of course i'm not saying you should blindly buy some EAs online and let it do all the work, you gotta understand the fundamentals first and what system an EA is using, it's best if you trade manually yourself first and create an EA yourself that automates your routine reactive trades.

Which i do not have time for yet, sigh, i borrowed a TA book for over 2 months now and haven't had time to touch it yet, i give myself one month to read it.
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There are 2 types of EA, one is fully auto and another one is half auto. Fully auto EA will trade for you whenever the indicator meet certain requirements. Half auto requires you to manually key in certain requirement, eg price, whenever the price hit your target, the EA will trade for you ONLY for that particular session. Half auto might be useful to be frank, but still I don't use it.

bulkbiz
post Feb 23 2009, 07:49 AM

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Good morning, EJ H4 chart:



Attached Image

Short again?

This post has been edited by bulkbiz: Feb 23 2009, 08:16 AM

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