What do u guys think about tonight news at 9.30?my predict was to sell tonight. What do u guys think. need some advise.

ROFLLLLL!!~~~~ u thought some here r fortune teller / feng sui master?? d topic is gettin funny. i lov it XD

just pay credit card as usual after you swipe it... it doesn't matter 1 time off or pay the interest only...

let say ur account hv USD1000...your broker will keep some "deposit" as "margin" to open a position/multiple positions....example with leverage 1:50, open 0.10 lot requires USD300 as margin (will be returned to you after you close the position)...so you left USD700 to sustain the movement. if the movement goes against you...when hit -USD700... you get margin call....your position will be liquidated immediately... only the margin USD300 remain in your account.

if you win money...let say USD100....after you closed the position...it will be reflected in the "balance"..which is USD 1100. on how to made withdrawal...normally you fill up a form either online or hard copy form and email back to them... used TT transfer/ credit card/ paypal.... depends on broker.

i suggest you demo trade first before using real money... understand the in and out on forex trading...develope strategy and money management...forex is not gambling..remember that.

Im asking for some advise cause im still new in forex.

so am i, pls advise...

p/s: any momentum xXX/usd... wipe out?

This post has been edited by jebonen: Mar 4 2011, 06:43 PM

icic... okie dokie~~

every1 hav their 2 cents n nobody can predict d market everytime. there is always trader wit diffierent view. d best advice is if u dunno wat to do, then dun do. jus see. some traders r vry biased in their view as they already in d market.


its sad in lyn, there onli 1 forex topic makin all lump sump in 1..zzz

Owhh, so normally traders trade after the news release?

depends... different trader type use different approach..

like me, i jus open position..lol.......

either u can open 2 positions,long n short but d prob is how far apart between d current range u want to open/enter order...too short,both long n short can get open...too long,u minimize d potential profit...
also d risk tht d news aint moving d market either...

ur choice
still noob@work

normally , i will stick to my trading plan as what i set earlier before NFP storm. and i will put more trade to counter the trade ( if the market against me )

else , if the market looks unstable before NFP , i will close my terminal and go to sleep , and open my terminal next morning . so no stress after that :-/

I predict we'll get bad NFP data and good unemployment rate data thus mixed reaction causing the market move up and down. Probably go up at start then go down... Let's enjoy the show~

Your prediction looking good so far..

at this moment, looks like heading down liao haha

close position... not my style to let it run alone till monday. hit n run. thanks God. amen.

haha..wat happy is friday not my black day anymore XD



u see davidoff, it doesnt needs to guess correctly its head up or down. wat important is u can profit from it.

hey guys,im reading on TA now.theres so many strategy we can use to predict where is the market going.i would like to,which strategy is the most common,and accurate enough to make profit ? thanks

S&R, Support & Resistance.

all trades closed on EJ GJ , with trailing stop 85,

semua mengena

will study for next week ..especially in Eur/Aud and Gbp/Chf

but for now , buy trade are still valid for weekly and monthly chart for EJ GJ

perhaps i will start to trade EU after this ...:-/

Apprently, USD released good data which means the unemployment rate fell which strengthens the US. However, the weak USD sentiment is still there, that's why not even good NFP data can strengthen the USD.

Looking at the rate now, in fact all the pairs against USD, USD has weakened compared to prior before NFP data. All buying against USD will be floating positive.

Overall, it's a rather disappointing NFP. Those time especially on the recent one in January, the swings were so massive that it can record 80-100 pips swinging massively for the next consecutive hour to three.

Back to the basic, the trend line, MACD and stuff. Good luck in trading people!

This post has been edited by andrewckj: Mar 4 2011, 10:39 PM

thanks will focus more on that strategy..thanks!

also pivot point, daily and weekly OHLC lines too... anything else feel free to ask here