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dongsky replied Mar 30, 2010when i say 50% retracement i was refering to the current candle on 5 minutes, and it did, i was filled and now it's already running down, already 10 pips

AUD/USD
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dongsky replied Mar 30, 2010don't under estimate the market for it is ALIVE! whatever she gives you, just take it and don't think twice... don't hold to long on a loosing trade, act on it, like snowballing... and honestly aud/usd is still very bullish on a long time frame, so ...
AUD/USD
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dongsky replied Mar 30, 2010remember guys when you jump into a right direction be aggresive but always preserve capital, MM! but if you're wrong, be man enough and cut your loses to minimal, there's always another battle coming

AUD/USD
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dongsky replied Mar 30, 2010too early for you to close, i will go upto 100 pips down
anywayz next time always open 2 positions atleast take profit on the first and let the other one run until it dies, but don't forget trail your stops p.s. just waiting for 40 pip mark and i ...AUD/USD
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dongsky replied Mar 30, 2010just close my 1st position and adjusted my stop to +10 pips hehehe
AUD/USD
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dongsky replied Mar 30, 2010I will liquidate 1 position at 20 pips
and trail my step, let the other position run until it retires
i can see a bearish day ahead hahahahahaAUD/USD
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dongsky replied Mar 30, 2010whoever missed the bus, you can still enter after 50% retracement on 5 minute candle
dare?AUD/USD
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dongsky replied Mar 30, 2010hahaha i'm filled, it's heading south and i'm on the bus 15 pips and counting
AUD/USD
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dongsky replied Mar 30, 2010i change one of my monitor to 5 minute time frame and 1 minute to the other...
just getting ready p.s. my entry order for gbp/usd has been filled at 1.5101 short
now its runningAUD/USD
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dongsky replied Mar 30, 2010okay its just 15 minutes away for the news release... i just placed my entry buy order @ 9220 sl of 15 pips with target profit of 40 pips entry sell order @ 9190 sl of 15 pips with target profit of 50 pips ordered 2 positions for both
after being ...AUD/USD
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dongsky replied Mar 30, 2010YES indeed
i'm residing in melbourne now. i am a heavy rice eater
breakfast, lunch and dinner and sometimes pooridge on supper, YUM! i will keep you updated my friendAUD/USD
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dongsky replied Mar 30, 2010a good and effective trader is the one who can control his fear and greed
He never thinks of hope ( holding on to a loosing trade) and must have a very strong determination. should not massage his EGO practice and practice can improve his TIMING. ...AUD/USD
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dongsky replied Mar 30, 2010you're right anung, no one is certain when it comes to market reading
the best way is to follow market behaviour and for now you're doin the right thing, stepping aside and waiting for whatever signal she will give us and take it from there. ...AUD/USD
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dongsky replied Mar 30, 2010yes my friend i'm asian, i used to live in malaysia (my wife is malaysian) for 5 years working for 6 star hotel there
entry? aud/usd... okay if there's no news released today ( which is happening in 1 hour) i will enter short anytime now
but ...AUD/USD
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dongsky replied Mar 30, 2010eu/usd looks very bearish (be careful on bear traps
) but due to less volatility i don't feel like jumping in, just watching on the side and waiting for big people to move it and i will look for an entry signal. gbp/us also bearish but still ...AUD/USD
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dongsky replied Mar 30, 2010guys, i just had breakfast
i endulge myselft with a hot & spicy mee goreng yum! alright, now i'm on my chart looking for other possible entry while waiting for the news release...AUD/USD
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dongsky replied Mar 30, 2010nice report there
i hope people can digest it and take advantage of the figure release. keep it up bro!AUD/USD