nasi lemak style! wachaaa... em, nyum nyum mamam... ![](https://resources.faireconomy.media/images/emojis/64/1f910.png?v=15.1)
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Help needed in OANDA + users from Malaysia 105 replies
Dislikeddoes anyone know the correaltion between the gpb/jpy and the gpb/usd?Ignored
DislikedGood morning guys! Hm.. what a big drop yesterday, was relief my tp 211 hit. Still reading at today's chart. Nothing much to do now, big news for GBP around 3pm, seems like good news but who knows. Will make entry later on, mostly will c it retrace abit later 212-213.
For now, 210.30 weekly pivot is acting as a strong support .Ignored
DislikedI was watching this trade with you, and your analysis paid off!! Do you only use pivot points?Ignored
DislikedYeah, use them alot. I found out pivot is much better than fibbo. Reason why is everyone draw fibbo differently, as for pivot, not much different for one to calculate daily high, low and closing, so it will be the least different if we want to compare.
Slight different in pivot is bcoz, we all uses different brokers and price is different, closing time is different too but still the difference wont be too much. As for fibbo, i can be using data way back till 2006 ,2007 or last month and who knows... so hard to estimate. Thats my own opinion, still learning ,maybe some 'guru' out there have some better idea ,plz do tell us.:
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DislikedHmm ... kinda strange... AM I too get carried away ??? looking back at early stages .. all seems rebouncing from bull... from Daily, h4 and also h1. But now everything look opposite ... and what happen was sudden trend reversal took place... which was cause by the 3 in a bed.Ignored
DislikedWell, I use fibo. and apply it to the MAJOR trend on the high time frame and then use the fibo. again on smaller time frames like the 1hr, on the smaller trends to catch moves..... I'll apply pivots now though......THANKS!!Ignored
DislikedYeah, no harm trying but if u find anything wrong ,plz do tell us ok. We can discuss this out with others here. Let us know if u find fibbo better. Anything is possible. TQ!!!Ignored
DislikedI will study it and let you know what I think......
If you trade using multi-time frames, which do you find best?Ignored
DislikedUsing pivot? All the same in any time frame otherwise i uses 30m,1h,4h,1day at least 4 charts before entering. If any doubt i would just skip and wait .Ignored
DislikedGood Morning .. Bruder...
Thanks for the comment. Certainly missing something ... yeah true ... the news... I'm been missing that lately ... too focus on the trendline ... absolutely forgot about the news... hmm anything more ....
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DislikedSorry ,not me, still learning ,too much to learn. Anyway good morning. TP was hit late late late yesterday (this morning) 200 pips profit.Ignored
DislikedHi Savant,
Really impress with your confident. If i not wrong, your trade do rack more that 100 pips in the asian session, then it retrace back to -ve pips and the only at late late night or morning it hit your TP.
Is that means you don't adjust your SL once your trade is in the positive position?
Many times my profit run into loses is because of this. I still have the confident like yours to hold to the original SL. I use to adjust SL to BE or slight below BE when it gain 50 pips or so.
So this pair to me look profitable, but not profitable yet.
By the way, how you guy use pivot point in entering Trade or determine a trade.Ignored
Dislikeddoes anyone know the correaltion between the gpb/jpy and the gpb/usd?Ignored
DislikedAmeritrini,
you can go to http://www.mataf.net/en/forex/tradin...elation/table/
They have correlation for most of the pairs for different period..20 days etc. I used to play the correlation gbpjpy and chfjpy (not with gbpusd). Now i treat all pair as separate entity. It works better that way.
Savant,
Thanks you the FOMC, your slow snail nzdusd works like a charm. luckily i didnt wait till 0.8000, get out as soon as at 0.7900, if not wipe out all two days gain (entered at 0.7663). wanna join me up and down again...what do you think? hehehe.
regards.Ignored