*Official* Forex Trading thread.

[awful999]

USDJPY shooting star forming...

 

[Daimon]

USDJPY shooting star forming...

What does it mean?

I haven't study technical analysis before.

 

[Mr.Canberra]

This week itchy for action but all 8 positions still stuck so can only watch from the sidelines.

Saving grace of this week is closing a jinxed GBP/SGD position yesterday at a loss of US$0.50. Position opened since 19/9/2016.

 

[awful999]

What does it mean?

I haven't study technical analysis before.

you serious ? you are the one who told me if cant read chart should quit investing ? haha

but never mind, just kidding, you can refer to the link below for reference. I am still learning too


http://www.onlinetradingconcepts.com/TechnicalAnalysis/Candlesticks/ShootingStar.html

 

[awful999]

This week itchy for action but all 8 positions still stuck so can only watch from the sidelines.

Saving grace of this week is closing a jinxed GBP/SGD position yesterday at a loss of US$0.50. Position opened since 19/9/2016.

But is good that at least you clear your stuck positon now, Just now saw a shooting star and trigger low, thinking to short JPY, but luckily busy with my home staff then never enter, end up is a sala sala signal, u turn back to up , heng at

 

[Mr.Canberra]

USD/JPY

But is good that at least you clear your stuck positon now, Just now saw a shooting star and trigger low, thinking to short JPY, but luckily busy with my home staff then never enter, end up is a sala sala signal, u turn back to up , heng at

The shooting star that you are refering to is at 5:28pm SGT right?

Very hard to say as once entering New York session the price may plunge again. Deja vu like yesterday. Look to OPEC's decision and US economic data at 9:30pm SGT for direction.

 

[awful999]

The shooting star that you are refering to is at 5:28pm SGT right?

Very hard to say as once entering New York session the price may plunge again. Deja vu like yesterday. Look to OPEC's decision for direction.

I saw on mobile phone so I think you are right, yesterday most of people think is long but end up kena down, haha

 

[[M]aiev]

EG look interesting atm.

 

[Mr.Canberra]

USD/JPY

I saw on mobile phone so I think you are right, yesterday most of people think is long but end up kena down, haha

Yesterday heading into New York session I also thought will chiong up but US traders boh lat lah!

 

[awful999]

Yesterday heading into New York session I also thought will chiong up but US traders boh lat lah!

worst is trigger my stop loss

but lucky this morning position cover back, but is a good expierence

 

[Daimon]

you serious ? you are the one who told me if cant read chart should quit investing ? haha

but never mind, just kidding, you can refer to the link below for reference. I am still learning too


http://www.onlinetradingconcepts.com/TechnicalAnalysis/Candlesticks/ShootingStar.html

I don't use technical.

I trade by price actions in the candle chart

 

[Daimon]

I saw on mobile phone so I think you are right, yesterday most of people think is long but end up kena down, haha

Forex traders like to squeeze people off. Then chiong

 

[awful999]

I don't use technical.

I trade by price actions in the candle chart

huh candle pattern chart is one of the reference to look at price action leh ?
sorry huh my trainer taught me and said so

 

[Daimon]

I am trading demand and supply.

USD in demand. Good to hold them for a while for the overheating.

 

[Daimon]

huh candle pattern chart is one of the reference to look at price action leh ?
sorry huh my trainer taught me and said so

Don't know what theory.

Just watch price action and know what people want to do.

 

[awful999]

I am trading demand and supply.

USD in demand. Good to hold them for a while for the overheating.

different people use different method may be, be it what as long as can win can already

 

[[M]aiev]

huh candle pattern chart is one of the reference to look at price action leh ?
sorry huh my trainer taught me and said so

Obviously he is toking cock.

 

[awful999]

Don't know what theory.

Just watch price action and know what people want to do.

eg. if see shooting star, meaning the demand is getting lesser and lesser compare to open, so is a signal of trend reserve

Just my understanding.

 

[Mr.Canberra]

Best rally this week is not oil but MasterLeong thread!

43,700 views within 3 days! If I am HWZ chief I will seriously invite MasterLeong to SPH Tower to interview for Secretary of Media job.

 

[Daimon]

Make Forex great again