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 FOREX | v se7en, the market is very SucKy

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kevler
post Apr 16 2010, 05:06 PM

trading in the zone
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QUOTE(rstusa @ Apr 16 2010, 03:44 PM)
Where is Thomas? Maybe he is making the miracle now.
*
he's watching the thread ..and news , technical analysis , fundamental analysis ...expert advisor ...

damned alot of things need to observe ...
TSInvince_Z
post Apr 16 2010, 07:36 PM

!M4 !3eY0nC! 1337!!!!
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so..u is the thomas?

lol..that is too complicated.


Attached Image
credit to forexfactory.com for its live chart


week close higher than this week so far high, 1.5522 --> bullish next week

week close below 1.5390 --> bearish next week

week close in between those 2 values...i hv no idea


further reading: FOREX: 12-16 Apr GBP/USD Review | 19-23 Apr GBP/USD Forecast

This post has been edited by Invince_Z: Apr 16 2010, 09:41 PM
Quinn
post Apr 16 2010, 11:49 PM

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QUOTE(NINJIAO @ Apr 15 2010, 10:50 PM)
Arrrrr, EUR/USD suddently drop kaw kaw. the time i enter suddently drop 108pips. nearly hit my margin call. phew lucky now picking up. Goin to put there till it rise high.

Any better solution??
*
pls analyze your trading before entering market

where is your 3 golden criteria?

1. entry
2. stop loss
3. exit
kevler
post Apr 17 2010, 12:33 AM

trading in the zone
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QUOTE(Invince_Z @ Apr 16 2010, 07:36 PM)
so..u is the thomas?
no man , im a muslim ...not that Thomas
TSInvince_Z
post Apr 17 2010, 02:07 AM

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mne tau its ur dupe tongue.gif
allancth
post Apr 17 2010, 06:48 AM

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Anyone uses FXCM Trading Station?
rstusa
post Apr 17 2010, 08:08 AM

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QUOTE(kevler @ Apr 17 2010, 01:33 AM)
no man , im a muslim ...not that Thomas
*
We all know you're muslim with the anti-Israel logo, lol.


Added on April 17, 2010, 8:08 amWhat happened to CAD pairs yesterday?


Added on April 17, 2010, 8:11 amAbout Iceland volcano's ash cloud had stopped 17k flights, how this news can affect the currency pairs?

This post has been edited by rstusa: Apr 17 2010, 10:12 AM
shanelai
post Apr 17 2010, 08:55 AM

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anyone know what is gallant? im not sure whther the spelling is correct but it is quite similat as option because it has call/put
rstusa
post Apr 17 2010, 10:42 AM

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Greek Bailout in ‘Matter of Days” to Boost Euro, UBS Says

April 16 (Bloomberg) -- The euro may receive a temporary boost to $1.38 when Greece accesses a 45 billion euro ($61 billion) bailout plan before traders reestablish bets that the shared currency will decline, according to UBS AG.

“Short euro positioning looks extreme at the moment, not least on the back of speculation that the Greek package may not materialize,” Beat Siegenthaler, a foreign-exchange strategist at UBS in Zurich, wrote in a report today. “These concerns will be removed in a matter of days. As a result, we expect the likely launch of the Greek aid package to temporarily boost euro-dollar and create better levels to re-enter euro-shorts.” A short is a wager a currency will decline.

The euro has dropped more than 9 percent against the dollar in the past six months, after traders exited bets the euro would rise versus the dollar in favor of wagers the currency would fall as Greece struggled to finance the euro area’s widest budget deficit.

Europe’s common currency may rise to $1.38 “over the next one to two weeks” before dropping to $1.30, Siegenthaler said in a phone interview.

European Union finance ministers said today that Greece doesn’t have an immediate plan to trigger a rescue package even as the country’s bond yields rose to the highest since before the bailout plan was announced. Spanish Finance Minister Elena Salgado, whose government holds the rotating EU presidency, said ministers won’t decide on any further action at a two-day meeting in Madrid that began today.

“What they said was that at this point there is no request for activation,” Siegenthaler said in an interview. “They will say that until Greece actually requests it. It wouldn’t suddenly change my view.”


Added on April 17, 2010, 10:47 amBNP Paribas this week cuts its forecast for euro/dollar and now expects the pair to hit 1.19 by mid-2011, saying uncertainties about the aid package for Greece will likely keep international investors cautious about European asset markets.

This post has been edited by rstusa: Apr 17 2010, 10:47 AM
Darkmage12
post Apr 18 2010, 12:56 PM

shhhhhhhhh come i tell you something hehe
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What happens after you get margin call? They forced close ur contracts?
kelvin_tan
post Apr 18 2010, 02:53 PM

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@darkmage
all your positions will be closed.
Darkmage12
post Apr 18 2010, 06:16 PM

shhhhhhhhh come i tell you something hehe
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So it's impossible for you to lose more than ur balance right?
SUSRaymondetc
post Apr 18 2010, 07:59 PM

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QUOTE(Darkmage12 @ Apr 18 2010, 07:16 PM)
So it's impossible for you to lose more than ur balance right?
*
You'll need to read the small print of your broker. For FXCM, you are only liable to the balance on your account. Not sure about other brokers.
kelvin_tan
post Apr 19 2010, 12:03 AM

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for fx u cant lose more than u have in ur account unless u are using some unregulated broker (in this case u are super screwed cause losses in forex can be really really huge)
TSInvince_Z
post Apr 19 2010, 02:31 AM

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is there any way to monitor exchange rates on weekends?


update: http://invincez.blogspot.com/2010/04/forex...-19-23-apr.html

if someone could comment about the trend drawn. i also would like to hear your opinion.

This post has been edited by Invince_Z: Apr 19 2010, 03:13 AM
cmk96
post Apr 19 2010, 09:17 AM

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QUOTE(Darkmage12 @ Apr 18 2010, 06:16 PM)
So it's impossible for you to lose more than ur balance right?
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You cant lose more than your balance... in case of MC, you still get back your margin money.
skincladalien
post Apr 20 2010, 07:45 PM

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mind to explain abit on the instaforex thing? are they scam or something?
rstusa
post Apr 20 2010, 07:57 PM

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Why don't you guys think of the brokers regulated in UK like Alpari.co.uk?
kelvin_tan
post Apr 20 2010, 10:40 PM

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cause they dont care if their deposits go missing out of sudden.. its like putting money with an unregulated bank.. anytime they can just close shop n take ur money with them
sylv
post Apr 21 2010, 12:46 AM

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hi there. i'm new to all of this. have absolutely no idea.
a friend just asked if i wanted to invest in GBP with him and a few more ppl. is that a wise move?

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