25 June 2009 @ 9.15 AM (Malaysia)..
Fun-the-mental..
Red News -
US Dollar - Positive (8.30 PM).
UnCle Ben - 10.00 PM
So we can use purely technical untuk Trade Hari nie..
Technical..
4Hr Trend - Masih UP walaupun berdepan dengan pelbagai News semalam..
So trend direction untuk trade sehingga 12.00 Noon ialah UP..
Will look for Swing Trade untuk Buy only till 12.00 Noon..
Will look Scalp trade will start after 11.00 AM today..
Note: Descending Patterns in 4Hr is still not complete yet.. This pattern simply means undecision from buyer and seller, and i don't know who will win the battle, it can either Bulls or Bears.. so if i want to play with this chart pattern; then i need to wait for this pattern to complete and then see the breakout.. most of the time price will continue in direction of breakout..
Update 12.00 Noon
4Hr Trend: Still Up.. 1Hr follow the same direction..
Swing Trade BUY on : Aim for 200 pips..
Let the market decide; Hit TP or SL.
Money Management Within Emotional Level...
No scalp trade..
Update 4.15 PM
4Hr Trend: Still Up.. 1Hr Follow the same direction..
Swing Trade BUY: Still intact..
Price may hit my SL.. but i don't care because the MM within my emotional level.
Let the market decide..
I will keep this trade until i see 4hr trend change...
No scalp trade...
Update 8.00 PM
4Hr Trend - Uncertain.. Possible Bearish Turning (only can be confirmed 12.00 MN).. However 1Hr Down - expect rangebound.. Awaiting for Next Possible Breakout if 4Hr & 1Hr Lined Up again..
However, price may Hit my Stop Loss Soon (Swing Trade)..
No opportunity to enter Scalp Trade - Away from computer..
4Hr Trend Direction only can be confirmed @ 12.00 MN..
Looking for Scalp Trade - Favor Down..
Reminder:
"Always assume the underlying trend to continue unless proven otherwise"..
By Owner of Caripips Blog.
Fun-the-mental..
Red News -
US Dollar - Positive (8.30 PM).
UnCle Ben - 10.00 PM
So we can use purely technical untuk Trade Hari nie..
Technical..
4Hr Trend - Masih UP walaupun berdepan dengan pelbagai News semalam..
So trend direction untuk trade sehingga 12.00 Noon ialah UP..
Will look for Swing Trade untuk Buy only till 12.00 Noon..
Will look Scalp trade will start after 11.00 AM today..
Note: Descending Patterns in 4Hr is still not complete yet.. This pattern simply means undecision from buyer and seller, and i don't know who will win the battle, it can either Bulls or Bears.. so if i want to play with this chart pattern; then i need to wait for this pattern to complete and then see the breakout.. most of the time price will continue in direction of breakout..
Update 12.00 Noon
4Hr Trend: Still Up.. 1Hr follow the same direction..
Swing Trade BUY on : Aim for 200 pips..
Let the market decide; Hit TP or SL.
Money Management Within Emotional Level...
No scalp trade..
Update 4.15 PM
4Hr Trend: Still Up.. 1Hr Follow the same direction..
Swing Trade BUY: Still intact..
Price may hit my SL.. but i don't care because the MM within my emotional level.
Let the market decide..
I will keep this trade until i see 4hr trend change...
No scalp trade...
Update 8.00 PM
4Hr Trend - Uncertain.. Possible Bearish Turning (only can be confirmed 12.00 MN).. However 1Hr Down - expect rangebound.. Awaiting for Next Possible Breakout if 4Hr & 1Hr Lined Up again..
However, price may Hit my Stop Loss Soon (Swing Trade)..
No opportunity to enter Scalp Trade - Away from computer..
4Hr Trend Direction only can be confirmed @ 12.00 MN..
Looking for Scalp Trade - Favor Down..
Reminder:
"Always assume the underlying trend to continue unless proven otherwise"..
By Owner of Caripips Blog.
2 comments:
Bro, bleh explain skit dak nnti, cmne nk tahu tren b'tukar dr bull ke bear, saje nk bljr naked trde bro..TQ
Salam Bro Rafi..
Baca kat caripips best link.. tajuk Bar Chart Basic..
Then bayangkan setiap single bar sebagai satu wave yang menghubungkan antara satu swing point to swing point..
Post a Comment