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 Forex Trading Corner V2

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hitokiri_maniac
post Jun 30 2008, 07:43 PM

Yes..No..Maybe..I Don't Know...
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QUOTE(mphpopular @ Jun 30 2008, 05:52 PM)
I will start wif 2k USD i think. BUt i wil get this 2k USD from this market. Now slowly gaining my capital.. climb slowly... feel like duit sedang jatuh dari langit. but i duno pick it up now.

Same as you. working no take trade. Sad betul.

Wish this is mine.First one is mine. But second one no no.


Added on June 30, 2008, 6:58 pmMay i wish for something? I wish GU break thru 1.9898. Currently +20pips. Many people fighting in GU pivot point. very scary. The pips is like 25 pips. then 20 pips. then 25 pips again. I only wish for a short term. short term bear bear is enough for me.... My chart telling me right. But i afraid......  sad.gif
Edit:
Is it anyone know there is any script that help me to enter the market by next candle? Cause i always been slow enter the market correctly by next candle. I wish i can get the first price of the next candle. Anyone can give me a hand on this? Thanks...
*
10 lot??? demo or micro??.. 10 lot equal to around 100 dollar per pip rite in standard account?? sweat.gif

hitokiri_maniac
post Jun 30 2008, 09:10 PM

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6 month?? mean u must sent 6 month of scanned bills to them?
hitokiri_maniac
post Jul 1 2008, 03:10 PM

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WTF with UJ pair.... sudden up... even without any news or wuteva... arrghhhhhh...i feel wanna cursinggggg.. vmad.gif vmad.gif

This post has been edited by hitokiri_maniac: Jul 1 2008, 03:12 PM
hitokiri_maniac
post Jul 1 2008, 03:15 PM

Yes..No..Maybe..I Don't Know...
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i dunno aaa.. currently UJ pair.. i think it safe to sell coz.. no news or else related bothh usd or yen news.. thenn elol elok down trendd.. go bursttt up around 50 pips... shittttttt.. like thatt i dunnoo cluelesss wut hell happenn.. vmad.gif rugii 47 dollar.. vmad.gif


Added on July 1, 2008, 3:37 pm
QUOTE(normeck @ Jul 1 2008, 03:14 PM)
GJ also.....bull trap???
*
yeahhh maybee...

lesson learnt... always remember when the market close.. jpy close at 3 pm not 2 pm... don't to open trade 30 minutes before market close..30 minutes anything can happen from bear to bull in a snap.. doh.gif doh.gif

This post has been edited by hitokiri_maniac: Jul 1 2008, 03:37 PM
hitokiri_maniac
post Jul 2 2008, 10:34 AM

Yes..No..Maybe..I Don't Know...
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i found this chartpartern website..useful for chart partern lover

http://www.candlesticker.com/Default.asp


Added on July 2, 2008, 10:38 am
QUOTE(billytong @ Jul 2 2008, 10:33 AM)
I repeat, there is no way the ECB will drop rate for this time. It is not even in their mind to drop rate. Oil 143USD and u except them to cut rate?

They will lose their job for causing an even higher inflation.

i am running at least 50% probability they will hike the rate to 4.25%. Oil 143USD. Thats alone have enough reason to hike rate.
*
i agree with u.. the oil price already bad enoughh.. wanna add cut rates summore.. gile laaa doh.gif doh.gif

This post has been edited by hitokiri_maniac: Jul 2 2008, 10:38 AM
hitokiri_maniac
post Jul 2 2008, 02:30 PM

Yes..No..Maybe..I Don't Know...
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QUOTE(billytong @ Jul 2 2008, 01:54 PM)
It is call carry Trades. I'll try explain in a quite layman term.

Because Yen have low interest 0.5%, so their "BLR" is low too, it is good to borrow the money fron Yen Banks and put into Stocks or high FD currency like AUD or NZD.

Most people will borrow to buy stocks,

for example, a local unit trust stock Fund manager took ur money and put into high interest FD like AUD or NZD, and he will use that money to borrow money from Yen Banks, *(hey I have xx amount of AUD or NZD how much I can borrow Yen).

Then AUD NZD is like 7-8% FD, vs Yen 0.5%, even u factor in the BLR rate. U still earn money. So most hedge fund or big guys borrow yen to buy stocks.

When stocks go UP, more demand to borrow Yen, Because when U buy Stock with Yen, u are actually selling Yen at the same time. In this case the Yen will depreciate, Hence all xxx/Jpy pairs goes up with stocks.

When stock crash, everyone scared, they sell their stocks and demand for Yen. When u sell ur stocks u need to demand for Yen so u can settle ur LOAN from bank earlier. When demand of Yen increase, Yen goes up, Hence xxx/Jpy pairs crash. It is better for me sell my stock take small loss and buy back expensive Yen than Holding my stock for bigger loss + having bank to charge me LOAN interest over time.

Stocks like Dow Jones, FTSE, DAX has a huge effects on Jpy. Because Americans and Europeans have bigger pockets tongue.gif
*
so in short word

when japan stock exchange goes up... the pair xx/JPY will go up.. when the stock goes down.. the pairs xx/JPY will go down also..

rite?

how about stocks like Dow Jones ,FTSE,DAX effect to pairs XX/JPY?
hitokiri_maniac
post Jul 2 2008, 02:46 PM

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QUOTE(dr2k3 @ Jul 2 2008, 01:17 PM)
usually when stock decline yen rise....aka gbp,usd/jpy drop

i heard something about buy yen to pay debt or something liddat, because yen rate is very low
*
if refer to billy tong explaination.. when stock decline.. yen will appreciate thus ..pair with XX/JPY will decrease

stock increase-> more ppl will borrow yen --> yen will depreciate --> XX/JPY will increase

stock decline -->more ppl demand for yen --> yen will appreciate --> XX/JPY will decrease

rclxub.gif rclxub.gif

This post has been edited by hitokiri_maniac: Jul 2 2008, 02:55 PM
hitokiri_maniac
post Jul 3 2008, 09:22 PM

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QUOTE(small-jeff @ Jul 3 2008, 09:02 PM)
wow...such big effect...scary...

btw..i've gone live! just got my first pips.. biggrin.gif


Added on July 3, 2008, 9:04 pm100% crazy shit on EU
*
EU hit rock bottom... doh.gif doh.gif


Added on July 3, 2008, 9:24 pm
QUOTE(dr2k3 @ Jul 3 2008, 08:34 PM)
lol.....i will short usd/jpy...its spiking high now

i might be wrong....
*
still got red news at 10 pm..ISM Non-Manufacturing Composite

wink.gif wink.gif

This post has been edited by hitokiri_maniac: Jul 3 2008, 09:24 PM
hitokiri_maniac
post Jul 4 2008, 05:40 PM

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market so sloww todayyy.. sad.gif. really bored..
hitokiri_maniac
post Jul 4 2008, 06:09 PM

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US today independence day maa...market close....
hitokiri_maniac
post Jul 4 2008, 08:27 PM

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it seems today nothing to enter the market... monday i guess thenn..sad.gif

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