i cant see d stoch headin anywhere..lol

mayb u wan to take some profit when d stoch hit d square place..


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long time no c

ya man... u gone live d?

yesterday saw in my acc still left some money inside my forex...lol

totally forgot ab forex for some time.. can any1 tell me which pairs is less volatile in thems of pips? mine were mini acc. now onli left 100-200usd in it..lolol



This post has been edited by low yat 82: Oct 7 2009, 09:11 AM

阿拉伯石油交易將棄美元

（倫敦6日訊）《獨立報》(Independent)引述中東及中國銀行業官員報導稱，阿拉伯國家已與中國、俄羅斯、日本及法國展開磋商，未來石油交易將停止使用美元，並且預定2018年開始實施。

報導稱，產油國望改採一籃貨幣，包括日圓、人民幣、歐元及黃金作為交易貨幣。

無論如何，沙烏地阿拉伯央行總裁默哈末傑沙表示，該國並未與其他產油國及中國等主要消費國舉行會談，討論不使用美元買賣石油。

默哈末傑沙目前正在出席國際貨幣基金的高峰會議，倫敦的《獨立報》今天報導稱，波斯灣的產油國和中國及巴西等消費國舉行秘密會議，討論逐漸不用美元為石油訂價。默哈末傑沙表示，該報報導「絕對不正確」，沙地阿拉伯和其他國家之間「絕對未討論這類事情。」此外，日本財務相籐井裕久今天被問及上述報導時表示，「對此毫無所悉。」

美元兌主要貨幣走低

產油國不使用美元作為結算貨幣的消息導致美元兌主要貨幣都呈現下跌的走勢。美元兌16種主要貨幣中的15種下跌。

蘇格蘭皇家銀行銀行首席中國分析師幸芬多華表示，有關原物料交易可能會不用美元，這將會是美元的一大風險。

根據倫敦當地時間上午7:28，美元跌到1歐元兌1.4738，紐約昨報1.4648。此外，美元兌日圓匯率也從89.53跌到89.01日圓。

@lowyat82:

wah..boss..long time no see..

try AU..might be good for you

Shorted the EU today...hopefully the dollar will strengthen.

What is your opinion on the EU pair guys?

hehe... au? hmm.. ok . got any other pairs?

so wats d current news? guess d robert pretcher fail big time. said, deflation.. now gold price d went up sky high,,..lol

lol...long time no see u...everything ok...just demoing after losing about rm1k ( total )
now practice new strategy... seems good for me....

thankz for what u have pointed out from my chart...i will do that...

5 Reasons Why the Dollar Could Fall

1. Don’t Expect a Fed Exit Anytime Soon – The decision by the Reserve Bank of Australia to hike interest rates last night highlights the sharp divergence between the growth and monetary policy of countries like Australia with that of the Federal Reserve. Recent comments from the Fed suggest that they intend to keep Quantitative Easing in place for as long as they can. Over the past few decades, the Fed has never raise interest rates before the unemployment rate has peaked. With the recent uptick in unemployment, there is a good chance that the Federal Reserve could be one of the slowest central banks to tighten monetary policy and the slower they are, the fewer reasons for investors to own dollars.

2. Reserve Diversification – Although not directly related to reserve diversification, speculation that the Gulf States, China, Russia and Brazil are holding secret meetings to establish non-dollar denominated oil contracts contributed to the weakness of the dollar. Qatar and Saudi Arabia denied the speculation but this should remind traders that many non Anglo-Saxon nations have a long standing desire to reduce their dependence on the dollar.

3. Strong Q3 Earnings – To get a sense of how currencies could impact earnings, just listen to the complaints coming from Japan. Toyota warned that for each one yen appreciation against the dollar, operating profit is cut by 35 billion yen or $390 million. For Canon, each one yen appreciation hurts their bottom-line by more than 4 billion yen or $45 million. No U.S. corporation will be that specific, but from these statistics, we can gage the positive impact that a weak dollar may have for U.S. exporters. Alcoa reports on Thursday so watch for more discussion about currencies and their impact on earnings

4. Twin Deficits – The U.S. trade deficit is due for release on Friday. The twin deficits have long been a drag on the dollar.

5. Price Patterns – So far, price patterns are holding. At the beginning of September we talked about how the price action of the EUR/USD and USD/JPY this month could set the tone for the rest of the year. At that time, we showed two tables illustrating how in 7 out of the last 10 years, the EUR/USD moved in the same direction between October and December as it did in September. For USD/JPY, the odds were even higher with the currency seeing follow through 8 out of the past 10 years. Therefore based upon past price patterns, we have more reasons to believe that the dollar will fall against the euro and Japanese Yen over the next 3 months.

There are no major U.S. economic reports until Friday.

rstusa, so the major news this friday will be the Twin Deficits.

How will it impact the EU pair? I know you can't predict whether it will go up or down.

I want to know different views. I'm still learning on how to see the market trend and everything. hope to learn a thing or two from you sifu rstusa.

Don't call me sifu, i just read from the news then share with the ppl here.

This post has been edited by rstusa: Oct 7 2009, 10:52 PM

Just read about the news regarding the weakening dollar.

do you trade EU ?

EU?


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from your chart, you predict EU going down south?

Since the dollar is getting weak, wouldnt the pair going up? I guess the US gov will not let the dollar to continue to weaken right..

was invested in the FOREX market and earn some money there. (mostly trade on USD, GBP, JPY, and CHN(ren ming bi)....active in USD...
So, just want to share with others those experienced in FOREX. Earn or Lose?
What your opinion towards FOREX?

As i know in Malaysia, FOREX and short selling in stock market was banned since 1997/98 Asia Financial Crisis.
So all the investment bank or company are prohibited in short selling and FOREX.
However, there are no restriction for foreign company go build up a company to do business in FOREX as long as not trade RM?
So, if there is any company(sdn.bhd) that deal with FOREX is legal in Malaysia?
Because cannot obtain license from our government for doing FOREX, only can register a company to do business.

Please share your opinion....

that's what i predict for EU..please take others opinion also into consideration...

i prefer to say that it will drop a little bit and continue to go up?

Govt only disallowed to set up forex broker firm in malaysia but as an introducing advisor, you still can set up your own company here to trade with the forex broker from oversea.

ur just lookin for confirmation on others on ur EU trade rite? so that u can feel better about ur EU short....

I'm still a newbie learning the trade.. I short EU yest...gain few pips..then i stop trading till now. Dunno whether to long or short, since the dollar is weakening. Better stay at the sidelines and see

Just want to see what your's opinion on EU. I think it is bullish ...might continue to climb further..

This post has been edited by dannyooi_84: Oct 8 2009, 11:54 AM

go to FF..and see their charts...from there u can get bigger picture where it would go...