Golden Post Closed #1 BUY @ 6045

Pips: -580

Period: 21/12/2011 - 19/1/2012

Opened: 31/10/2010

BUY GU @ 5293

Just a few moment after updating prev post. Buy Limit order hit @ 5293. TP @ 5415.

BUY GU @ 5370

Trying to buy at bottom this time. Hope market didnt find a "bottomer" level than this.

UPDATE 13/1/12 10.01PM

Price created new low in 2012 @ 5278. This create enough panic in myself to act out of mind. I've opened 6 posts since then. All of them are safely closed. However the Buy order still floating though.

I have a limit order at yesterday low. just in case. The sell order is one of the golden post :p

BUY GU @ 5436

This can be considered as a suicidal move. Yesterday I set a Buy Limit at fib261 with TP at fib200. It was triggered by the NFP move. Considering the data supporting USD I forsee the chart will further south (maybe until fib423?)

I've set a Sell post to hedge my damned trade hope everything will be under cover.

UPDATE 7/1/12 12.06AM

Sell post closed at SL +3 instead of TP at Dec low @ 5361. A doji is observed at H1 and price going up now (but still lower than Buy post). So plz GU, dont look back :p

UPDATE 10/1/12 10.21PM

Still holding this post. Price has surpassed my prev TP (5489). However I've change TP as per new fibo. Now looking for fib161 (5515).

UPDATE 11/1/12 10.05PM

I know this is going to happened after I woke up this morning. A classic BO. Price break the TL first then retest before FREE FALL. I've put lock profit +3 once I saw the trend broke this morning.

However I managed to OP again and hope price is on my side this time.

SELL GU @ 1.5575

Sell @ previous high 5575. Ingatkan dia nak retrace skali lagi. Nampaknya post ni kena peram dulu.

UPDATE 5/1/2012 8.52 PM

Previous Buy post closed at 1 (prev high) while price continue to rally to hit fib423. Damn missed sweet 80 pips. Price remain in range for some times where I should easily be in +sell IF I'm a bit patient and have discipline + confidence to follow fibo level. Also missed another 80 pips (total 160pips :( )

Price is dropping now. should I target 261? or 423?

UPDATE 5/1/2012 11.26PM

Closed Sell post TP @ 5494 fib261. Cashed 80+ pips. As usual impatient. Price seems playing around at my TP area. I've revised the fibo so my TP area now is fib200. Looking for buy opportunity at fib261.

BUY GU @ 1.5474

Set buy limit @ fib 161. TP @ fib 261.

2 fibo menunjukkan level yg sama. so menambahkan keyakinan untuk open post.

Result:
hit TP 5565. edited to prev high.

UPDATE 4/1/12 12.30am
Price touch fib 423. The power of fibo.

Misi Besar 2012

Aku ada misi besar bagi tahun 2012 ni. Sembilan bulan aku trading dan hasilnya adalah seperti chart di atas. Growth = 199.54% tapi Equity = 17.4%. Maksudnya 182.14% dari profit aku masih float! Melainkan aku berjaya close semua position yang masih float, harapan untuk withdraw tinggal harapan.

So untuk tahun 2012 ni aku target untuk close semua position kalau boleh dalam Q1 ni. Total 7 post. 5 Buy 2 Sell. Post paling lama since 17/8/2011.