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 Forex V6

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TSpenanghomes
post Aug 6 2009, 07:10 PM

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what a ride...did u saw the movements??
NirukaKL
post Aug 6 2009, 07:12 PM

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Sure got la biggrin.gif you leh? Make alot la?
TSpenanghomes
post Aug 6 2009, 07:14 PM

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any more info...didnt catch the ride


Added on August 6, 2009, 7:17 pmso how will usd effect later...ecb news?


This post has been edited by penanghomes: Aug 6 2009, 07:17 PM
NirukaKL
post Aug 6 2009, 07:18 PM

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Got got, 15minute lagi ECB announce rate, but before announcement is best, but buy little only a

Light a, no guarantee a...

Short: EUR/USD - EUR/GBP - AUD/USD
Long: USD/JPY - USD/CHF - USD/CAD

But if announce differ, like raise rates, siam straight
TSpenanghomes
post Aug 6 2009, 07:20 PM

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if they raise rates..then upside down la...?
autoforexgroup
post Aug 6 2009, 07:25 PM

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GBPUSD fall about 120 pips from PP to S2 in the first 5 minutes. Sell when break PP support. That's pretty cool hehe. I was chatting on MSN and YM while trading smile.gif


Added on August 6, 2009, 7:39 pmi'm done with GU. took my profits already. let it retrace up a bit and stop the shorties. Will short again at the Fibs
Now concentrating on EU 5 mins more to go.....

This post has been edited by autoforexgroup: Aug 6 2009, 07:39 PM
NirukaKL
post Aug 6 2009, 07:41 PM

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QUOTE(penanghomes @ Aug 6 2009, 07:20 PM)
if they raise rates..then upside down la...?
*
If they up rates, very volatile, very dangerous to get in, but quick in and out okay okay la..


Added on August 6, 2009, 8:03 pmAiya not much movement....have to wait...hmm

This post has been edited by NirukaKL: Aug 6 2009, 08:03 PM
autoforexgroup
post Aug 6 2009, 08:45 PM

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haha not much movement on EURUSD. Luckily just now I close my trade on GBPUSD at S2. Enough profit for today smile.gif because greed kills.

Just now GBPUSD chart pattern shows a 'selling climax', an up rebound is sure to happen. Now they squeezing out the shorties stops before moving again.
NirukaKL
post Aug 7 2009, 03:16 PM

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why so quiet de today? no one says anything ...hmmmmm

nvm la, i say something first....Stocks around the world declines while most investors are waiting for labor report from US
tachlio
post Aug 7 2009, 04:11 PM

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All waiting NFP result at 8.30pm later, so quiet today
TSpenanghomes
post Aug 7 2009, 04:33 PM

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want to ask....if nfp results is better..what it means to the currency??
NirukaKL
post Aug 7 2009, 04:39 PM

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QUOTE(penanghomes @ Aug 7 2009, 04:33 PM)
want to ask....if nfp results is better..what it means to the currency??
*
Like this la, give you some counter to choose IF results are better than expected, but i see that the forecast figure is way too optimistic, so i think results will be slightly worse...so careful..

Anyway, if results is indeed better, can choose following counter

Short: USD/CAD - EUR/CAD
Long: GBP/JPY - EUR/JPY - GBP/USD - EUR/USD - AUD/USD - GBP/CHF (Volatility by ascending order)

This post has been edited by NirukaKL: Aug 7 2009, 04:41 PM
tachlio
post Aug 7 2009, 06:03 PM

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QUOTE(penanghomes @ Aug 7 2009, 04:33 PM)
want to ask....if nfp results is better..what it means to the currency??
*
Maybe you can try your luck later, Long before News but with SL, if it go up then you will had great win but if reverse you only lose the SL you set.

p/s: MUST PUT S/L bruce.gif
maxi
post Aug 7 2009, 10:28 PM

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Very down now, lost 50+ pips. Learned a good lesson through hardway. Hope everyone here have a happy trade.
Niruka
post Aug 7 2009, 10:44 PM

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QUOTE(maxi @ Aug 7 2009, 10:28 PM)
Very down now, lost 50+ pips. Learned a good lesson through hardway. Hope everyone here have a happy trade.
*
Dont give up smile.gif
maxi
post Aug 7 2009, 10:49 PM

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Why the NFP result turned the market into bearish?
TSpenanghomes
post Aug 8 2009, 12:19 AM

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QUOTE(maxi @ Aug 7 2009, 11:49 PM)
Why the NFP result turned the market into bearish?
*
the results was better than before.so obvious the usd will strengthen.

when the results was out,eu went up very high for a minute,then it went downhill after that.....
mphpopular
post Aug 8 2009, 01:09 AM

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Perfect when take LONG at green TL, and TP at blue TL


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Niruka
post Aug 8 2009, 03:06 AM

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QUOTE(maxi @ Aug 7 2009, 10:49 PM)
Why the NFP result turned the market into bearish?
*
What market you mean o? If you mean stocks, no ark, all goes up ark....
maxi
post Aug 8 2009, 09:00 AM

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QUOTE(Niruka @ Aug 8 2009, 03:06 AM)
What market you mean o? If you mean stocks, no ark, all goes up ark....
*
Not until this morning when i woke up i realized that i have made a noob mistake. To all the new trader out there, myself too, what we are selling or buying is based on the left side of the currency (the base currency) not the right side of the currency (the quote currency). I want to cry ledi T_T.

I have changed EU to UE. Learned a lesson here.

This post has been edited by maxi: Aug 8 2009, 09:08 AM

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