how's your fxcm broker? is there any hiccup? thinking of changing broker. keep getting no connection error + timeout.

quite ok at this moment...
sometimes execution slow... sometimes spread like hell..
overall... acceptable...
eur & gbp playing ping pong...
gold seems like facing resistance on previous low... might be pointing on to something...
gotta love gold at this moment... predictable..

This post has been edited by poks: Aug 25 2011, 09:31 PM

lol GU and EU suddenly very volatile...gonna get burned tonight again.

Im still staying at the sidelines for now. Until I finish babypips school. Gold and silver have lots of interesting movements.

Reason for silver and gold plunge last 2 days.
http://www.zerohedge.com/news/precious-met...ime-month-prepa
http://www.youtube.com/watch?v=4JmVSQMPxgM...n_order&list=UL

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Added on August 26, 2011, 5:05 amWaa... who got buy silver last night? Show me some money!

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Added on August 26, 2011, 7:05 amFive reasons for no QE3 this Friday.
http://www.fxtimes.com/fundamental-updates...t-jackson-hole/

This post has been edited by milkyboon: Aug 26 2011, 07:05 AM

TGIF
today taking leave from trading...
closed my gold mine... hehehehe

gonna use MT4 one more time for day trading..
account verified but no deposit yet... gotta work hard to squeeze money from my friend celebrating Hari Raya...

to those trading today... GOOD LUCK !

This post has been edited by poks: Aug 26 2011, 09:37 AM

Thank you.... for wishing us luck..... I am into my first week of trading. Yesterday first day of loss.... and a big one.. sigh...

darn... close worng line.... just got up fr sleep I guess.. instead of making ... now losing money in the first transaction...play catchup again..

This post has been edited by Grengo01: Aug 26 2011, 09:06 AM

ah ha !
first step is always the hardest...
careful though... major news on gbp and usd today...
play catchup?.... i recommend you to take it easy...

gbp: showing down signal @ resistance... expected to be in range till data out this afternoon

This post has been edited by poks: Aug 26 2011, 09:50 AM

Thx poks.... today breakeven liao! profit of USD0.40.... not too bad... enough for two glasses of iced chinese tea!

seriously... if Bernanke really announced QE3... then what will happen? USD go up? go down? a layman like me will say that it goes down coz you are flushing the system with more money... right? If that's the case, why would GBP face a freakish meltdown over last two days? 1.6500+ down to 1.6200+. haiz... still alot to learn.. hopefully sifu sifu here will give guidance..

seems like every thing going against usd....
fear fear.....

can't see where thing going...
fundamentalist will be nice if we have one here...

This post has been edited by poks: Aug 26 2011, 10:32 AM

but its showing strength against the GBP...... and idiots still seem to flock to a supposed "safe haven" of USD.

I give you 1 small piece of advice la.

News all are nonsense. Do not trade news and only uses technical analysis.(RM10)

i second that minus the RM10....

sit back and relax for tonight show.... err.. sleeping will be good since trading late every night...

can't help it... cad showing plenty of buying power... i think you guys notice @1D

This post has been edited by poks: Aug 26 2011, 10:46 AM

I would love to learn the fundamentals and technical analysis...but for the meantime, I want to try out my own analysis and interpretation.... so far, first 3 days been good.. . Yesterday was a hiccup and I realize I got too emotional on the GBP... after all, the charts are pointing that it would breach the all time high! Mana tau, after yesterday, it has gone bearish and may test 1.59... haizz...

if i draw my chart like this....
there are 2 types of entries.... high risk entry & medium risk entry....
low risk entry is bulls*** though..
can you see???

This post has been edited by poks: Aug 26 2011, 10:54 AM


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yup.... noted...

anatomy of why i short gold for two days....

think you guys also know this........


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duhhh... i see nothing.. just that it has gone up way too fast.. way too much....and it has dropped way too fast... way too much...

Corrected... Its a Rectangle signal.(IMO la)

But your choice makes sense oso.
Where you learn the resistance line?


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