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 FOREX | v se7en, the market is very SucKy

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billytong
post Mar 24 2010, 07:00 PM

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QUOTE(rstusa @ Mar 24 2010, 06:28 PM)
Now seems like few major euro countries didn't give support to Greece, some country ask greece seek help from IMF. Germany never give support to greece.
*

If your friend owe someone else a lot of money by his own mistake, will you help him? I guess it is pretty logical for Germany not to help them. They dont gain anything from them, Greece is not their main export country, a great downfall of Greece does not affect Germany by any large scale, besides bad news from all these is in favor of Germany, as cheap Euro is helping their export, which is what they need right now.

As long as these Greece problem haven't solve the EUR will give back every gain he had.

Long, there is only few reason to long, *long on support for retrace or USA to screw up.
rstusa
post Mar 24 2010, 07:03 PM

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The greece problem seems haven't solve, is it the time to long?

If other euro members don't help greece, it looks like eurozone brothers & sisters don't help each others when one of them in the trouble, then will euro going more deep?

This post has been edited by rstusa: Mar 24 2010, 07:06 PM
billytong
post Mar 24 2010, 07:07 PM

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QUOTE(rstusa @ Mar 24 2010, 07:03 PM)
The greece problem seems haven't solve, is it the time to long?
*

No, as I said, it is either u long for small retrace or USA have some really bad news that is far worst than Greece problem. There are little reason to long Euro now.

But shorting here risky too, any retrace or small good news about Greece, Euro can shoot up 50-100pips

ur mini Greece is not gonna kill Euro as a whole. Greece is not big enough.

This post has been edited by billytong: Mar 24 2010, 07:12 PM
thomas
post Mar 24 2010, 07:12 PM

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Ok... awake now... still got bout 500 USD to fight on... advice to myself, not too greedy... ,said to myself :
follow own forecast, when positif in profit , close deal. trade with small lot size, like 0.5 lot to 0.7 lot ,0.7lot to 1 lot.. 1 lot to 1.3 lot..

will post cun forecast and share with all of you.hope you all huat !!
Hope i can get back my 5k in 2 weeks time.. i need to go to HongKong.. (i think some of you know why) hehe...

smile.gif cheers...


Added on March 24, 2010, 7:14 pmin short word... money management VERY IMPORTANT..

This post has been edited by thomas: Mar 24 2010, 07:14 PM
kevler
post Mar 24 2010, 07:17 PM

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Attached Image

My current entry for all major currency

this is for minor TF (1min,5min,30min,1hour)

it will changed accordingly based on currency strength and momentum :-)
thomas
post Mar 24 2010, 07:21 PM

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i going to enter OIL field very soon... gonna hit my SMA line..
TSInvince_Z
post Mar 24 2010, 07:46 PM

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QUOTE(bulkbiz @ Mar 24 2010, 06:12 PM)
LOL, or this: Forex very sucky

HAHAH
*

lololol...i shall put that on thread title rclxms.gif


QUOTE(sleepwalker @ Mar 24 2010, 06:17 PM)
Those were just minor news in comparison to the bigger issue at hand. Greece and IMF is making EU fly like humans... yes..humans can fly... DOWN that is....

Until the day they have a firm resolution for Greece or the day Greece gives up waiting and go straight to the IMF, EU will be under pressure. Talks of 1.31 by end of March is looming ahead.. and getting louder...
*

so thats the culprit. i wish eur/usd just raise a little t0 1.34 b4 sinking to the endless hell. but that didn't happen even with all those good news. sigh. didn't thought that the issues with greece n imf give those terrible effect at such time. al this while its effect not that much.

even the gbp/usd sinking rclxms.gif
Volatile369
post Mar 24 2010, 07:53 PM

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QUOTE(thomas @ Mar 24 2010, 07:12 PM)
Ok... awake now... still got bout 500 USD to fight on... advice to myself, not too greedy... ,said to myself :
follow own forecast, when positif in profit  , close deal. trade with small lot size, like 0.5 lot to 0.7 lot ,0.7lot to 1 lot.. 1 lot to 1.3 lot..

will post cun forecast  and share with all of you.hope you all huat !!
Hope i can get back my 5k in 2 weeks time.. i need to go to HongKong.. (i think some of you know why) hehe...

smile.gif cheers...


Added on March 24, 2010, 7:14 pmin short word... money management VERY IMPORTANT..
*
Haiz, whatever ur endeavour, gud luck..

TSInvince_Z
post Mar 24 2010, 07:57 PM

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let him be.

btw, is it confirm already that greece is calling for IMF? i hv bad feeling that no one will help greece.


Added on March 24, 2010, 8:04 pmgood insight: http://www.fxtechstrategy.com/index.php?op...id=58&Itemid=29

This post has been edited by Invince_Z: Mar 24 2010, 08:04 PM
thomas
post Mar 24 2010, 08:18 PM

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Entered 80.70 for OIL... it will drop 120-170 pips... place stop loss for 2:1 .. 60-70


Added on March 24, 2010, 8:24 pmtonite , EUR/USD will fall, oil will fall, as well as gold will fall...

oil fall up to 150-180 pips



This post has been edited by thomas: Mar 24 2010, 08:24 PM
TSInvince_Z
post Mar 24 2010, 08:54 PM

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good luck everyone. happy trading


thomas: i would recommend for u (everyone n of course me myself too) to not set a precise goal. like how much to gain today. how many pips per week. just took anything n everything profiting. keep it general...i.e. to recover back, but no time constraint. it would be better cuz no pressure. so we could enter n out of market precisely. we r not rushing. trading is for long term. fast in could also mean fast out too.

i would be better if one could just enjoy trading. whatever happens, so be it. trading just for the thrills n fun, which what all of us should be aiming for.

as one trader said here b4, just my 2 pips.

This post has been edited by Invince_Z: Mar 24 2010, 09:44 PM
bluffy83
post Mar 24 2010, 09:45 PM

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hai just wanna ask sifu? can i scalp wih IBFX, my friend told me u will be banned if u doing so..
john123x
post Mar 24 2010, 10:01 PM

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QUOTE(bluffy83 @ Mar 24 2010, 09:45 PM)
hai just wanna ask sifu? can i scalp wih IBFX, my friend told me u will be banned if u doing so..
*
http://www.ibfx.com/Trade/

they allowed scalps.



TSInvince_Z
post Mar 24 2010, 10:02 PM

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anyone watches the Britain parliament session now? 70-80% seats empty. papers all over the places. what happen?

http://www.parliamentlive.tv/Main/Player.aspx?meetingId=6134

This post has been edited by Invince_Z: Mar 24 2010, 10:05 PM
bulkbiz
post Mar 24 2010, 11:41 PM

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gold, I am still holding my short smile.gif
john123x
post Mar 24 2010, 11:43 PM

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thomas.... do u know ur broker's margin call policy?

i see ur longing eu together with oil...
ur margin exceeded ur balance

This post has been edited by john123x: Mar 24 2010, 11:46 PM
thomas
post Mar 24 2010, 11:46 PM

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it's in range (EUR/USD) ... draw a box, bouncing up and down..


Added on March 24, 2010, 11:47 pm
QUOTE(john123x @ Mar 24 2010, 11:43 PM)
thomas.... do u know ur broker's margin call policy?

i see ur longing eu together with oil...
ur margin exceeded ur balance
*
i got bonus of 500 USD, by my broker... can use ,canot withdraw 1..

This post has been edited by thomas: Mar 24 2010, 11:47 PM
john123x
post Mar 24 2010, 11:59 PM

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QUOTE(thomas @ Mar 24 2010, 11:46 PM)
it's in range (EUR/USD) ... draw a box, bouncing up and down..


Added on March 24, 2010, 11:47 pm
i got bonus of 500 USD, by my broker... can use ,canot withdraw 1..
*
i calculated for u already, ur account can withstand max floating -828.42 (166pips).

and i notice ur in an imperfect hedge condition

This post has been edited by john123x: Mar 25 2010, 12:00 AM
Sham903n
post Mar 25 2010, 12:52 AM

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QUOTE(bulkbiz @ Mar 24 2010, 05:35 PM)
Can share the book?
*
QUOTE(rstusa @ Mar 24 2010, 05:36 PM)
Yeah, if got PDF, pls pm me, thanx!
*
sorry guys its hard copy bought from Amazon.com..
latest book I got from Amazon arrived on Monday is "Expert Advisor Programming - creating Automated Trading System in MQL for MetaTrader4" by Adrew R.Young.. so far so good...


Added on March 25, 2010, 1:02 am
QUOTE(rstusa @ Mar 24 2010, 05:50 PM)
Maybe he is one of the billionaire's son in Malaysia, usd$1k for him maybe just like buying a char siew pao.
*
lol

This post has been edited by Sham903n: Mar 25 2010, 01:02 AM
visioncored
post Mar 25 2010, 01:20 AM

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Hey, i heard that the forex expo that held every year, its a scam. Dunno its true or not, i read from here:
http://forum.mt5.com/showthread.php?t=897

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