Surjya Gogoi's Friends

  • Oasis
  • Alan Hill From Sarrafx Trading
  • talisman
  • 2ndSkiesForex
  • Peter jcp
  • Dr. Sivaraman
  • Haitham653
  • Lisa
  • Marius Ghisea
  • Francesc Riverola
 

Surjya Gogoi's Page

Latest Activity

Surjya Gogoi commented on Andrius's photo
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"Head and shoulder formation with weak support at neckline :-)"
Apr 22
Surjya Gogoi commented on Haitham653's blog post EURUSD - Intraday Strategy (11 Apr 2013)
"Thanks a lot Haitham for the link."
Apr 15
Surjya Gogoi commented on Haitham653's blog post EURUSD - Intraday Strategy (11 Apr 2013)
"Hi Haitham, I already use the RSI with a setting of 14 close but I need to further tweak it. So, if you could blog post the RSI lesson or send it in my inbox. Also, I needed to clarify that in you intraday strategies, when you mention "daily…"
Apr 13
Surjya Gogoi commented on Peter jcp's blog post Leading Indicators for Forex Trading
"Thanks Peter, Appreciate your comments a lot. Going off to sleep now, as it is almost 1 am in my state. Regards, Surjya"
Apr 11
Surjya Gogoi commented on Peter jcp's blog post Leading Indicators for Forex Trading
"Thanks a lot for your guidance Peter. I will try tuning my indicators to work better. Today, although there were some good moves in the market, I did not fare well.  I sold the AUD/USD at 1.0511 in the morning when AUD employment data was…"
Apr 11
Surjya Gogoi commented on Peter jcp's blog post Leading Indicators for Forex Trading
"Hi Peter, Thank you for the information.I also use the RSI. But I have seen that with the RSI a setting of 2 seems to be quite small as it gives many false signals. I use 14 close. So, how do you use the setting of 2, (open, high, low or close)?As…"
Apr 11
Surjya Gogoi commented on pandora's blog post Best Inspirational text to struggling forextraders Chinese Bambo Three
"I am not just watering my bamboo tree but also putting manure in it :-)"
Apr 11
Surjya Gogoi commented on Keith Shaw's blog post Three Market Idiots - Do YOU Recognise Them ?
"Hi Rajan, I haven't bought any kind of system from Rob Booker or any other person. I did and am still doing as much of reading as possible on whatever I can lay my hands on and on the internet. But regarding Rob Booker recommendations, here are…"
Apr 8
Surjya Gogoi commented on Haitham653's blog post How to trade my intraday strategies successfully!
"Thanks Haitham."
Apr 4
Surjya Gogoi posted a status
"Why isn't anyone talking about AUD/USD?"
Apr 2
Surjya Gogoi commented on Jyotiprakash Pal's photo
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"Beautiful......which place."
Apr 1
Surjya Gogoi commented on Jim Mathis's blog post Happiness is wide ranges in Asia
"Hi Lisa, first of all congrats for the award of most valuable network member. Then thanks a lot for your opinion on candlesticks. They were very welcomed. I have seen quite a few of your beautiful charts with candlesticks which you analyse quite…"
Feb 23
Surjya Gogoi commented on Jim Mathis's blog post Happiness is wide ranges in Asia
"Thanks Jim for your help, I use the bollinger bands as they tend to give a range and may show where a price may reverse, sma's shows whether price is above or below average, fibonacci shows S&R areas, RSI shows me overbrought-oversold…"
Feb 22
Surjya Gogoi commented on Jim Mathis's blog post Happiness is wide ranges in Asia
"The indicators that I use are the Bollinger bands, sma, RSI and MACD Histogram. Then I also put fibonnaci lines and S&R lines. I usually use the 1 min chart for entry and check out the 15 min and above charts also. Will check out some of the…"
Feb 22
Surjya Gogoi commented on Jim Mathis's blog post Happiness is wide ranges in Asia
"Hi Jim, You have got around 8-9 indicators on your charts. Does it help with that much? Regards, Surjya"
Feb 22

Profile Information

About Myself
I am learning to trade and have still a long way to go.
Trading style
Intraday, scalping
Current Broker
Forex.com

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Surjya Gogoi's Blog

Capitalisation Matters

Posted on December 1, 2012 at 7:07am 8 Comments

I have done quite a few intraday trades and have well noticed that Capitalisation Matters.Here is an instance:

I had sold the EUR/USD pair at 1.2994 after it was overbrought with RSI at 80 and a bearish divergence on the RSI. The pair was at an area of resistance and was very likely…

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