hi
nice trade Poks

im not familiar with aud/usd behavior.but this is my count for time frame 4 hours.for the time being please be careful at yellow fibonacci 38.2, probably a resistance or will break higher.from my Point of view i believed price will go further down to complete wave major 5.
this is just simple count.no alternative count.take note.
*do not take this as advice,this is just elliott wave calculation.trade at your own risk

This post has been edited by boyvai: Jun 26 2012, 02:49 PM


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Thanks..
note taken ..
btw ... the movement do show lack of pushing power..
might consider closing soon...
good trading you guys ...

yup
happy trading.

GVF is a scam, click the link below

http://www.forexpeacearmy.com/forex-forum/...-alerts-folder/

Anyone caught in sudden spike down at gbpusd?

This post has been edited by Hunz: Jun 28 2012, 08:46 AM

hi.. im new to forex.. im interested in investing.. but i need some information..
can anyone tell me how much izit needed minimum to open a forex account??

i tried the demo account and within 2 days i gained 500+usd.. izit really that ez to gain that much if i invest in real forex? thx!

believe me live trading vs demo is a different thing u know last time i play demo 100k usd per weeks also i can earn

yup... good advice

try this.. but at your own risk, open a instaforex account (sorry im not familiar with 5 digit point trading so might not work properly with other broker..) load bollinger bands.. then trade with USD$100, as soon as any touch outer bands go in 1 post 0.01cent, then put a pending 10 pip away at 0.02 cent, 10pips away from 2nd post pending 0.04, 10pip away from 3rd post pending 0.08 and so on (dont miss any all they way until reverse, like any business you will not be profitable some days). you might want to do a script for this. touch upper band enter sell... touch lower band enter buy... but remember the bollinger rules... alligator mouth open means dont enter... etc... remember this is not long term strategy.. profit.. get out! lemme know if you profitable (and lost too hehehe).. remember at your own risk
goodluck!

This post has been edited by Sham903n: Jun 29 2012, 09:47 AM

Market moving up ... it's friday ! TGIF!
btw... here what i'm looking at..
1.01252 will be my next target (maybe not) to add..

**seems like some good news on EU summit ... good trading guys ...


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spiking like crazy. 100 usd a pip will be awesome bonus..

For your education. How to trade with fibo levels?

http://bit.ly/NK3Ggq

This recording is from the Atlanta Meetup group where we discussed Trading with Fibonacci levels. In the meetup, we covered the following topics with Fibonacci levels:

1. What are the Fibonacci Level?
2. What are the other key levels to use with Fibonacci Level?
3. Pro/Cons with all the Key Levels.
4. Entry levels.
5. Profit Target Levels
6. Situations with Multiple Wave patterns
7. Money Management i.e Reward/Risk
8. Where to place Stops

Let's see if your brain can stand the heat or pressure when you trade with real money. I bet the money you see negative figure, your hands will be itchy in closing trades...Only to find that it bounce back later.

It's so true. When u see the negative, u will watch it every pips and hope that it can bounce back, but negative figure continues, u will close the trade. But some cases it bounce back after a minute u close ur trade.

you'll get over it after few years...
wonder how's everyone doing now?
it sure is slow around here ...

Hi Guys,

I seen recently XForex.com is promoting in FB. Just want to warn you guys it's a SCAM

http://www.forexjustice.com/Review_Section...ews/XForex.html
http://www.earnforex.com/forex-brokers/XForex

So many bad reviews.

Sorry if slowpoke

USDJPY long term will go up? thanks.

Haven't trade for the past few weeks. Real life commitments make my life hectic. Not enough time monitor market. How about you poks?

And hey, mrrime M.I.A for quite long too eh?

From what i see from H4 chart, it is in bearish, since it is overbuy.

Just because it's overbought now doesnt mean it will fall soon. I have seen some currencies in the past, lingered in overbought/oversold zone for few days, keep going up/down before really falling out of the zone....

Try look for the candlestick pattern. Dont rely too much on overbuy/oversell zone, they can be fake signals