meaning the GU will bounce back? a bull?

anyone heard about binary trading or option? what is lai?

Oh how great, my 2 USD last time lost 50 cent now profit only freaking 9 cents >.<

Oh yesss, GJ you rock

If u guys trading exotic pair there is also a good signal in CADCHF daily chart.. pinbar reversal towards direction of the trend. Nearest resistance is 1.0377

This post has been edited by myvi5949: Feb 25 2010, 02:54 PM

so far so good for EJ and GU ...TP-ed with short ...+- 500 pips ..

as usual my observation

EJ=bear
GU=bear
EU=bear
GJ= bear

like what Holmes said , "...the game's afoot.."

to all newbies, piece of experience to share. i started fores with usd100. within two days i make usd50. the second week i lost 40 usd because of my greed and emotion. thought i can recover but i lost further usd 52. i left only usd 65 for me to use to trade. theres so many mistake that i learned and the most important is patience. i am not good in fundamentals but i learned through experienced and charts. few mistakes that we newbies tend to make :-
1) we want profit very fast.
2) we dont have patience
3) we think we know better than others
4) we dont learn from mistakes
i got stuck in the trade every tuesday, because of wrong entry and i have to wait till it reverse that i can trade back. by the the time it happen it is already end of the week. i took me 2 weeks to trade to get back my usd 100 back. but i learned a lot.
tuesday is the day the market is aggresive, be patient and make a right entry so you wont get stuck due to your limited capital.
till now i am still stuck but no more like few days waiting, the most is few hours...
only to share my experience and happy trading..

Prices moved lower recently after a red wave B)/II) top was established at 1.3625. The pair fell very close to the 1.3443 zone, where a possible break-out will confirm that a corrective black wave IV is finished (1.3691) and Short wave V in process.

Any near-term turning point on the long side of the pair, while the market trades above 1.3443 will suggest that a complex correction is not over yet. In this case we will wait for a possible triangle formation



-credit to thelfb

argghh!!!...when is eur/usd gonna gone bearish? i lost 29 usd already

wait for your signal to turn blue? haha, that is what I am waiting!

lol.if according to H1 MACD, its about time. in 30 min to 1 hour time

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Added on February 26, 2010, 9:04 pmit s gonna start soon. probably w8ing for usd news.

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Added on February 26, 2010, 9:20 pmsumore stochastic rsi (14) on overbought alert already

This post has been edited by Invince_Z: Feb 26 2010, 09:20 PM

Yay, i gained 73 cent, here is my statement, and btw, its not in dollar, its in cents, micro account...

http://visioncored.mt4stats.com/

http://en.wikipedia.org/wiki/Patient

Something changed from a downhill to an uphill slope. Is this a scalping EA?

And no SL/TP?

nah, its my manual trading, yes, no Sl and TP, i dunno how to use them anyway...

Im a beginner so only 1 month experience..

lemme share another 1 of many "mind/emotion tools" that you can use in your trading plan to reduce greed affect; our mind can see and filter info.. but our subconcious mind will take everything as it is.. like a little kid so gullible..
What you can do to maintain your sane trading decision is by taking out profit and leave your original balance. Your subconcious mind will think your acct never grow and will not let you think that you're superman. Move the profit to another account or withdraw..
This is not suitable for someone who is already steady with their trading mind/decision or using EA.. but good for new trader who is struggling with growing his account.. once you reach a certain amt in the safe keep account you may use it to double your deposit.. that way your mind think its not profit made but money earn being risk to trade and will be more careful
*its an Art because you have to use Experience and Judgement to make decision.
*its Science because youre using Mathematical Process from past history to make decision.
its balancing both to reach your goal..

This post has been edited by Sham903n: Feb 27 2010, 07:35 AM

How bout for those who have yet to recover their losses

if you have no open position..
start fresh.. take a long holiday..
after that go thru what went wrong,
put it on paper and look at it like a picture painted by someone else hanging on the wall.. detached
its a lesson paid.. lesson learnt.. move on, start fresh with what you learn
*why they call law firm or klinik a practice.... because they never stop learning.. so do trader should never stop learning..*

This post has been edited by Sham903n: Feb 27 2010, 12:24 PM

101% agree with you......

Hi,
Recently I heard my friend say there is a company located at AmBank jalan yap kwan seng that offer service to trade FOREX for clients, they claimed to be the servicing agent for Capital Group International Limited in Malaysia. And if u look at the Capital Group Limited ( CGL)'s website, to open account is at least USD 100K, so to do it in malaysia , it is also USD 100K. Each trading they make for u cost USD400. apparently they are making nice return with the strategy and system in trading.

Just wanto ask, anyone got experienced with this company ?

WIll it be another scam where the account is genuine but the trade they make for u is fake, then they claimed ur money is loss in forex but it is still around ?

I just wanto be sure so that my fren don't simply invest n lose her life savings.
thanks!