Confirmed BROKE the 50% Yellow Fibbo and as right now the price is LOWER than yesterday CLOSE. Therefore, I will only SELL FROM BOUNCE starting from now. Whatever it is, Money Management is very important. Place SL wisely
![](https://resources.faireconomy.media/images/emojis/64/1f44d.png?v=15.1)
Help needed in OANDA + users from Malaysia 105 replies
Dislikednews are green but cable drop down...i don't understand too here...Ignored
DislikedYou are referring to the 5:30 news... what about 6:30 News? There is NO figure being update. You have to listen to the speech at BLOOMBERG. That is the BOE report regarding INFLATION. Since they are reporting the inflation is SLOW or DEFLATION... this will affect the judgment of BOE to CUT the INTEREST RATE next time. Hence, the most POWERFUL news of FOREX is INTEREST RATE. Therefore, overriding the GREEN News earlier.Ignored
DislikedConfirmed BROKE the 50% Yellow Fibbo and as right now the price is LOWER than yesterday CLOSE. Therefore, I will only SELL FROM BOUNCE starting from now. Whatever it is, Money Management is very important. Place SL wiselyIgnored
Dislikedfrom my point of view cable just completed wave b up..
and the first big fall this evening indicates that a new wave c down just begun..
expected more bearish on GU..possible to trade below last monday low for end of wave c...wave c got 5 structure wave tho..so you have few more chances to enter your positionIgnored
Dislikedalready put stop below entry for secure profit..
set a target at above 161.8% fib..trading stop near 80%fib when market reach 100%fib...Ignored
DislikedYour EW analysis is the same as mine. But I expect the b wave to be 61.8 retracement from the downfall. But it seems as price hit 50% fib, It just reverse to south again. I miss my entry due to that.Ignored
DislikedI'll execute SELL FROM BOUNCE whenever the BULL touch 20 wma on my M15 chart. No more BFD! Unless if USD really weakening out of those news.
p/s: Thank you gmos and balflear for discussing EW technique here. You guyz put some colours to MALAYSIA
Ignored
DislikedThank you Sham for creating this Malaysia Thread.
I need to learn FA from you. I still dont know anything about FA.Ignored
DislikedPerhaps you should join the CLUB gathering this weekend. We'll discuss about FAIgnored
DislikedSeems like the market psychology at this current situation is reacting well to the 20 wma on the M5 chartEverytime the Bull touches the yellow line... execute SFB. Anyone SCALPING?
Ignored
DislikedPerhaps you should join the CLUB gathering this weekend. We'll discuss about FAIgnored
DislikedUSD/JPY Intraday London Session
1st sup.
111.24
2nd sup.
110.98
3rd sup.
110.49
1st res.
111.73
2nd res.
112.16
3rd res.
112.75
Counter trend strategy can be apply for short positions on fail of initial 111.43 resistance with targets at 111.24 & 110.98
Alternative scenario, the break to the upside of 111.43 will call towards 111.73 & 112.16.
Comment: the 30-min RSI & the pair are supported by rising trend lines.Ignored