It mean USD will up to the level like end of 2008 economy crysis time, EURUSD maybe will downtrend to near 1.24xx again.
Forex V6
Forex V6
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Feb 7 2010, 01:10 PM
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Senior Member
1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
It mean USD will up to the level like end of 2008 economy crysis time, EURUSD maybe will downtrend to near 1.24xx again.
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Feb 7 2010, 02:41 PM
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116 posts Joined: Jan 2010 |
QUOTE(sleepwalker @ Feb 3 2010, 09:09 AM) I'm sorry but we are not here to give free advice. This is not forex tips and hints. This is not a computer game where you can get a walkthrough guide all way to end game. No. This is real life. We learn by asking questions. This is not Malaysian high school where you sit there and get spoonfed with information. Nothing annoys us more than leeches who hangs around forums contributing nothing but expecting everything. sifus , here is my statement. may be you can give some advice. i m still learning and lots of things in forex that are new to me.You ask the right questions and you'd get your answers. If you want to tell people of your success, then share it or shut-up. There's plenty of forex wannabes around and the problem is not restricted to this forum only. If you want to share your first few days of trade that made you hundreds of pips, post your statement here and only then people can help you analyse and then give advice on where you went wrong on the entries that you lost. Added on February 3, 2010, 9:21 am The leverage is getting higher but I think at this moment 700:1 is the highest. The 1000:1 was a figure of speech to highlight the fact that the higher the leverage you have, the easier it is on your margin. Then again, he could have found a 1000:1 broker and not telling us about it.
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Feb 7 2010, 02:54 PM
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491 posts Joined: Apr 2006 From: KL - KK |
for god sake isnt this a public forum where you suppose to leech all the info you can get (Enter Keywords) ? wannabies yes everyone wants to be a millionaire.. we have to start some where why not start here.. besides fx is one of the last few places where with small sum of money you "can" grew it to be millions... not like futures your lost can be unlimited.. here is just limited to your margin which is safer..... plus its their money.. they lose it,... they learn from it or die.. isnt that in the disclaimer of the trading account.. this is a very high risk investment.. better than giving it to the local "boiler room"... atleast you get your hands dirty and you learn if you have the stamina and money to go on...who knows you might be the next gorge soros.. dream on.. and continue dreaming or take action..
This post has been edited by Sham903n: Feb 7 2010, 04:39 PM |
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Feb 7 2010, 08:27 PM
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116 posts Joined: Jan 2010 |
QUOTE(Sham903n @ Feb 7 2010, 02:54 PM) for god sake isnt this a public forum where you suppose to leech all the info you can get (Enter Keywords) ? wannabies yes everyone wants to be a millionaire.. we have to start some where why not start here.. besides fx is one of the last few places where with small sum of money you "can" grew it to be millions... not like futures your lost can be unlimited.. here is just limited to your margin which is safer..... plus its their money.. they lose it,... they learn from it or die.. isnt that in the disclaimer of the trading account.. this is a very high risk investment.. better than giving it to the local "boiler room"... atleast you get your hands dirty and you learn if you have the stamina and money to go on...who knows you might be the next gorge soros.. dream on.. and continue dreaming or take action.. kind of agree with you. that is why i am still here no matter what...got lots of things to learn |
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Feb 7 2010, 10:20 PM
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1,527 posts Joined: Jan 2008 |
QUOTE(forexjr @ Feb 7 2010, 02:41 PM) sifus , here is my statement. may be you can give some advice. i m still learning and lots of things in forex that are new to me. Bro u open a USD100 micro account? Nice progress.
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Feb 8 2010, 04:47 PM
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219 posts Joined: Dec 2009 From: penang |
E/U back up, anybody bullish on this?
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Feb 8 2010, 05:06 PM
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70 posts Joined: Mar 2009 |
I don't trade EU but long EY and made nice pips today
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Feb 8 2010, 05:55 PM
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219 posts Joined: Dec 2009 From: penang |
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Feb 8 2010, 08:20 PM
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2 posts Joined: Jan 2007 |
GREECE: Comes back under pressure following comment from Finiish FinMin Katainen who says that no EU or IMF aid should be given.
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Feb 8 2010, 10:54 PM
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4,522 posts Joined: Jan 2003 From: Mordor, Middle Earth. |
As long as there is issue of this Greece and Portugal etc. the Euro will always be under pressure, because it doesnt smell better than the USD from traders point of view.
Right now the market is looking @ how ECB dealing with Greece. for USD to fall, unless the US come out another huge red report, most worst than expected or next month come out a super bad NFP/ unemployment, which is not the case right now. the US are not good, but not soo bad at all. |
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Feb 9 2010, 07:49 AM
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1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur |
QUOTE(billytong @ Feb 8 2010, 10:54 PM) As long as there is issue of this Greece and Portugal etc. the Euro will always be under pressure, because it doesnt smell better than the USD from traders point of view. Tak faham boss.Right now the market is looking @ how ECB dealing with Greece. for USD to fall, unless the US come out another huge red report, most worst than expected or next month come out a super bad NFP/ unemployment, which is not the case right now. the US are not good, but not soo bad at all. |
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Feb 9 2010, 01:25 PM
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3,158 posts Joined: Dec 2006 |
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Feb 9 2010, 02:47 PM
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2,939 posts Joined: Oct 2004 From: localhost |
QUOTE(mphpopular @ Feb 6 2010, 04:52 PM) On the weekly dollar index chart, prices found the their lows around the 74.00 support region, where a Short C), sub-wave of a corrective blue wave B is complete. The market has already advanced by more than 500 points since the 74.19 lows were reached, which suggests that a new bullish trend is in progress with an impulsive start. Traders should see a bullish continuation over the coming weeks, towards the minimum 81.00-82.00 objective. credit to TheLFB |
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Feb 9 2010, 06:32 PM
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491 posts Joined: Apr 2006 From: KL - KK |
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Feb 9 2010, 06:55 PM
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
QUOTE(kevler @ Feb 9 2010, 03:47 PM) On the weekly dollar index chart, prices found the their lows around the 74.00 support region, where a Short C), sub-wave of a corrective blue wave B is complete. The market has already advanced by more than 500 points since the 74.19 lows were reached, which suggests that a new bullish trend is in progress with an impulsive start. Traders should see a bullish continuation over the coming weeks, towards the minimum 81.00-82.00 objective. credit to TheLFB |
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Feb 9 2010, 07:07 PM
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1,227 posts Joined: Sep 2004 |
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Feb 10 2010, 01:50 AM
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23 posts Joined: Jan 2010 |
» Click to show Spoiler - click again to hide... « yo kevler, your chart stated the elliott wave number, did u write it yourself or u got the elliott wave counter? if it is the counter/indicator, i want that also! |
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Feb 10 2010, 06:17 AM
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Senior Member
2,549 posts Joined: Dec 2004 From: Sungai Petani, Kedah |
I heard many people get burn in forex. Is it true?
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Feb 10 2010, 08:03 AM
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1,527 posts Joined: Jan 2008 |
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Feb 10 2010, 08:59 AM
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1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur |
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