based on physical bill trading..that y u see the strength of Yen is more to currency circulation and manufacturing orders..

nope probability is stacking the odds to your favor,
fundamentals, market sentiment, technical analysis,
all adds up together as you go, if you aren't thinking in
probabilities when you trade, you should start

Wow, more than 100+ pip short....what in the world...would it continue to go south?

This post has been edited by ObeLIsK: May 23 2015, 01:43 PM

Actually only market will be able to answer you and not anyone of us.

Stronger greenback aided by better inflation rate
from yellen's yelling yesterday, so far I can see
it to fly more, crazy market

This post has been edited by KeroroQ: May 23 2015, 04:45 PM

-double posted, deleted

This post has been edited by KeroroQ: May 23 2015, 04:45 PM

I am still shorting GBPUSD

What is the difference between forex trading and currency futures?
I looked up the definition and understand that futures is a contract, but couldn't find how trading currency futures is more beneficial than trading the spot forex market.

From the brokers that I can found, forex trading executes immediately when u click buy/sell button and close immediately when u click "close" button. No time limitation for most brokers. This means you can open a trade now and close it next years.

For future, obviously from the word "future", u enter the trade(BUY OR SELL) in future but not now, but you can put a pending trade now. the pending trade will not execute immediately. In some condition, there is a time limitation that ur trade can be automatic closed because of time expiration in the contract. Such thing can be considered as classical method and has appeared since long time ago, because that time they don't have broadband, that is why they have to trade in the "future" price.

It is depend on ppl preference. Some ppl like fast game, some ppl like slow game.

Yeap, I told my friends about liquidity makers and stop lost hunting,
he just told me that's crap lol

Considering the amount they profit out of it and it not being the first...guess it's a cycle thing?

Anyway, Fly USD Fly~

yeah, market giving back? hahahah

EU jatuh lagi...1.0870...4days drop 600pips

It is supposed to drop further cos' it is in long-term downtrend!

what is the limit to withdraw from our forex broker so that bnm won't kacau us?

Lol... let me share my pov.

I'm refering japan earth quake because during that period chf was defended by the central bank (cb). We have seen many cases that whenever cb start to defend currency they tend to give up. Ie: pound vs soros & our RM vs the short... i think from these cases we can clearly see chf defending will fall short sooner or later.

There are few occasions from there on that the cb of chf given out statement that they will defend chf and the movements were hectic, only to return to it's previous move. I just can be surprised with the recent moves.. lol...

As for jpy, i believe it is manipulated/defended and i'm not gonna get myself in for any suprises

Yes it is true technically.
fundamentally, here's what i think; there have been news of usd interest rate increase. Last friday i think the usd cpi is in good position if not better, that will be a fuel for the move as the fed might increase interest as being said earlier. This is sign of good economic of US, demand of usd will soar. But do be careful of suprises

That's why i don't have stop loss. I only take certain amount as loss. When it reach that amount, i close all trades and go plant some vege

haha, must be very very disciplined that way mental stop
hopefully today free money from EU and UJ again, let's wait for london

Untung la those who'd enter usd train. Move so far away already. No luck for me