Monday, October 29, 2007

Friday, October 26, 2007

eur/usd ahead of fomc 29/10/07

........the Euro might consolidate some of its gains and this would be for a totally different reason. As the market is turning its focus toward the Fed meeting on next Monday, there should be some waves of profit taking as Euro bulls might liquidate some of their positions to adjust ahead of the rate decision.

potentially true, risk is still to the upside.

Wednesday, October 24, 2007

uptrend or downtrend

market tengah uptrend ke downtrend? TF mana yang nak dirujuk? H1 tunjuk down, H4 tunjuk up. Trend boleh berubah bila-bila masa. News boleh beri kesan kuat pada trend.

Siapa boleh predict trend? Ramai, tapi tak mungkin 100% tepat. Majoriti 70-80% ketepatan. 20-30% error boleh loss juga.

my trade using my own version of Blessing Strategy 71024


market ranging, H1 & H4 awalnya menunjukkan slow down up. jangkaan naik, tapi turun lepas news usd 10pm.

stop loss

berapa setting stop loss anda? 15 pip ? 30 pip ?

buy eur/usd @ 1.4222 0.1lot , take profit 1.4282, stop loss = ?

berapa kerap stop loss hit?

dikatakan ada broker sering ada "spike palsu" untuk hit stop loss