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 Forex V6

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rstusa
post Feb 7 2010, 01:10 PM

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It mean USD will up to the level like end of 2008 economy crysis time, EURUSD maybe will downtrend to near 1.24xx again.
forexjr
post Feb 7 2010, 02:41 PM

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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.

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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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.Attached File  img005.pdf ( 515.82k ) Number of downloads: 47

Sham903n
post Feb 7 2010, 02:54 PM

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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
forexjr
post Feb 7 2010, 08:27 PM

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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..
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kind of agree with you. that is why i am still here no matter what...got lots of things to learn
myvi5949
post Feb 7 2010, 10:20 PM

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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.Attached File  img005.pdf ( 515.82k ) Number of downloads: 47

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Bro u open a USD100 micro account? Nice progress. rclxms.gif
Volatile369
post Feb 8 2010, 04:47 PM

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E/U back up, anybody bullish on this?
z2forex
post Feb 8 2010, 05:06 PM

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I don't trade EU but long EY and made nice pips today smile.gif
Volatile369
post Feb 8 2010, 05:55 PM

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QUOTE(z2forex @ Feb 8 2010, 05:06 PM)
I don't trade EU but long EY and made nice pips today smile.gif
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Gud work der man.. biggrin.gif

anybody have sentiment for E/U pair?

This post has been edited by Volatile369: Feb 8 2010, 06:57 PM
masnan84
post Feb 8 2010, 08:20 PM

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GREECE: Comes back under pressure following comment from Finiish FinMin Katainen who says that no EU or IMF aid should be given.
billytong
post Feb 8 2010, 10:54 PM

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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.
bulkbiz
post Feb 9 2010, 07:49 AM

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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.

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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Tak faham boss.
normeck
post Feb 9 2010, 01:25 PM

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learning candle stick...


Attached thumbnail(s)
Attached Image
kevler
post Feb 9 2010, 02:47 PM

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QUOTE(mphpopular @ Feb 6 2010, 04:52 PM)
DOLLAR INDEX until 92.63?  shocking.gif
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Attached Image

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
Sham903n
post Feb 9 2010, 06:32 PM

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QUOTE(normeck @ Feb 9 2010, 01:25 PM)
learning candle stick...
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looks like bar chart to me?? shakehead.gif
rstusa
post Feb 9 2010, 06:55 PM

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QUOTE(kevler @ Feb 9 2010, 03:47 PM)
Attached Image

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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Hi, this graph is until end of January?
Quinn
post Feb 9 2010, 07:07 PM

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Sharing ATIC KL. Free tickets for grab.

http://www.theatic.net/atic_reg.php?cdid=26&lang=en&aid=198
iluvinternet
post Feb 10 2010, 01:50 AM

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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! nod.gif
mynewuser
post Feb 10 2010, 06:17 AM

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I heard many people get burn in forex. Is it true?
myvi5949
post Feb 10 2010, 08:03 AM

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QUOTE(Sham903n @ Feb 9 2010, 06:32 PM)
looks like bar chart to me?? shakehead.gif
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laugh.gif

QUOTE
I heard many people get burn in forex. Is it true?


It is true because alot of beginners do not practice good money management and they lack a good trading psychology.
bulkbiz
post Feb 10 2010, 08:59 AM

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QUOTE(mynewuser @ Feb 10 2010, 06:17 AM)
I heard many people get burn in forex. Is it true?
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95% losers vs 5% winners

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