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Showing posts with label pepperstone malaysia. Show all posts
Showing posts with label pepperstone malaysia. Show all posts

MY SWING STRATEGIES





WHY I SOLD XAGUSD
FOREX STRATEGIES
FOREX STRATEGIES


Why i Sold EURAUD (H4)
FOREX STRATEGIES



Why i Sold USDJPY (H4)
 


WHY I BUY AUDUSD


WHY I SELL EURAUD
euraud


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FX IB Pepperstone.my

SWIFT KOD BANK MALAYSIA

SWIFT KOD
SWIFT KOD BANK MALAYSIA UNTUK TRANSAKSI


NoBank or InstitutionCityBranch NameSwift Code
1AFFIN BANK BERHADKUALA LUMPURPHBMMYKL
2AFFIN ISLAMIC BANK BERHADKUALA LUMPURAIBBMYKL
3AL RAJHI BANKING AND INVESTMENT CORPORATION (MALAYSIA) BHDKUALA LUMPURRJHIMYKL
4ALLIANCE BANK MALAYSIA BERHADKUALA LUMPURMFBBMYKL
5AMBANK (M) BERHADKUALA LUMPURARBKMYKL
6AMISLAMIC BANK BERHADKUALA LUMPURAISLMYKL
7BANK ISLAM MALAYSIA BERHADKUALA LUMPURBIMBMYKL
8BANK KERJASAMA RAKYAT MALAYSIABERHAD (BANK RAKYAT)KUALA LUMPURBKRMMYKL
9BANK MUAMALAT MALAYSIA BERHAD (6175 W)KUALA LUMPURBMMBMYKL
10BANK PERTANIAN MALAYSIA BERHAD AGROBANKKUALA LUMPURAGOBMYKL
11CIMB BANK BERHADKUALA LUMPUR(SECURITIES BORROWING AND LENDING)CIBBMYKLSBL
12CIMB BANK BERHADKUALA LUMPURCIBBMYKL
13HONG LEONG BANK BERHADKUALA LUMPUR(ISLAMIC BANKING UNIT)HLBBMYKLIBU
14HONG LEONG BANK BERHADKUALA LUMPURHLBBMYKL
15HONG LEONG ISLAMIC BANK BERHADKUALA LUMPURHLIBMYKL
16HSBC BANK MALAYSIA BERHAD MALAYSIAKUALA LUMPURHBMBMYKL
17MALAYAN BANKING BERHAD (MAYBANK)KUALA LUMPURMBBEMYKL
18MAYBANK INTERNATIONAL LABUAN BRANCHLABUANMBBEMY2L
19OCBC BANK (MALAYSIA) BERHADKUALA LUMPUROCBCMYKL
25PUBLIC BANK (L) LTDLABUANPBLLMYKA
26PUBLIC BANK BERHADKUALA LUMPURPBBEMYKL
27RHB BANK (L) LTDLABUANRHBBMYKA
28RHB BANK BERHADKUALA LUMPURRHBBMYKL
29RHB ISLAMIC BANK BERHADKUALA LUMPURRHBAMYKL
30STANDARD CHARTERED BANK MALAYSIA BERHADKUALA LUMPUR(ALL OFFICES IN MALAYSIA)SCBLMYKX
31STANDARD CHARTERED BANK MALAYSIA BERHADLABUAN(LABUAN OFFSHORE BANKING UNIT ONLY)SCBLMYK
XLAB

ELLIOTT WAVE BASIC


ELLIOTT WAVE BASIC
Elliott Wave Basic

Elliott Wave Basic interprets market actions in terms of recurrent price structures obedient to the Fibonacci sequence. Basically, Market cycles are composed of two major types of Wave : Impulse Wave and Corrective Wave. For every impulse wave, it can be sub-divided into 5 - wave structure (1-2-3-4-5), while for corrective wave, it can be sub-divided into 3 - wave structures (a-b-c).

Surfer's Waves within Wave
ELLIOTT WAVE BASIC

An important feature of Elliott Wave is that they are fractal in nature. 'Fractal' means market structure are built from similar patterns on a larger or smaller scales. Therefore, we can count the wave on a long-term yearly market chart as well as short-term hourly market chart.

See waves within wave:
ELLIOTT WAVE BASIC

Rules for Wave Count

Based on the market pattern, we can identify ' where we are' in term of wave count. Nevertheless, as the market pattern is relatively simplistic, there are several rules for valid counts:
Wave 2 should not break below the beginning of Wave 1;
Wave 3 should not be the shortest wave among Wave 1, 3 and 5;
Wave 4 should not overlap with Wave 1, except for wave 1, 5, a or c of a higher degree.
Rule of Alternation : Wave 2 and 4 should unfold in two different wave forms.
Wave forms in Impulse Wave

There are three major types of wave form in Impulse Wave:
(a) Extended Wave

Among Wave 1, 3 and 5, only one should unfolded into extended wave. 'Extension' means the wave is elongated in nature and sub-waves are conspicuous in relation to waves of higher degree.
See extension pattern:
ELLIOTT WAVE BASIC













(b) Diagonal Triangle at Wave 5

Sometimes, the momentum at Wave 5 is so weak that the 2nd and 4th sub-waves overlap with each other and evolved into diagonal triangle.
(c) 5th Wave Failure

In some other circumstances, the Wave 5 is so weak than it even cannot surpass the top of the wave 3, causing a double top at the end of the trend.
See diagonal triangle and failure fifth pattern:
ELLIOTT WAVE BASIC













Wave Forms in Corrective Wave

Corrective Wave forms are rather complicated, but basically we can categorize them into six major wave forms:

Zig-Zag : abc pattern composed of 5-3-5 sub-wave structure.
Flat : abc pattern composed of 3-3-5 sub-wave structure, with b equals a.
Irregular : abc pattern composed of 3-3-5 sub-wave structure, with b longer than a.
Horizontal Triangle : 5-wave triangular pattern composed of 3-3-3-3-3 sub-wave structure.
Double Three : abcxabc pattern composed of any two from above, linked by x wave.
Triple Three : abcxabcxabc pattern composed of any three from above, linked by two x waves.
See Six Corrective patterns:
ELLIOTT WAVE BASIC













Conclusion

The attractiveness of Elliott Wave Analysis is : Three impulse wave forms and six corrective wave forms are conclusive. All we have to do is to identify which wave form is going to unfold in order to predict future market actions. This is a bold statement, needless to say, knowledge of market historical wave patterns and experiences in wave count are of paramount importance

Nak Belajar TEKNIK SWING - FOREX???