add no 5 there...

o hai guys.
i've been a little entranced by forex and i'm busy reading babypips.com now from scratch. i actually intend to put some effort in this

anyway, has the russians cutting off gas to ukraine caused any probs with the euro?

weekly report...
afraid G/J will bouce back....less trade...and aim to clear those floating..

enjoyed

well..from my indicator of a 4h chart...the price is expected to bounce a little. It might hoop and bounce on WMA20 for another 2-3 times till the next crossover. But..for it to reach 213.xx...it'll take kinda long time..assuming it does bounce back up.

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Added on March 8, 2008, 10:20 amp/s also take note that MA-s are converging on the 4h chart..good time to hedge (maybe on monday)?

This post has been edited by small-jeff: Mar 8 2008, 10:20 AM

mind show some pic.? wat 4th chart?

not 4th la...4H chart...

ooo..

i actually open 2 shorts position... wit drawdown of -125pips n -86pips...uhuhuh...

shorts on GJ aa?....don't worry la...me 206.00 still can clear...kekek!!...

low yat..u don't try other indicator aa?...just stick with one?

im not too worry about GJ goin down... jus that d rollover intrest rate r killin me softly

wat other indicator to change? no lor.. IMHO, its better u master 1 system than havin noe this system abit that system abit...

yea yea...i agree with u...

for the moment my indicator was ok...but need to add Fibo indicator...
try searching at forexfactory....got a lot...but still searching for the best one and 'eye candy' a little bit....

ever tried reading articles on www.investopedia.com? quite resourceful too...

anyone can explain about NFP?
touted as the no.1 fundamental indicator for FOREX

but i dont know how to decipher it.
the data is bullish or bearish for US dollar?
previous : -22K
forecast : 25K
actual : -63K

This post has been edited by rpg: Mar 8 2008, 09:15 PM

dunno much ab FA sorry bro... btw, wats NFP??

but, it seems like d data r unexpected due to total opposite from forecast... so,i think its a bearish thingy..


jus close 1 short position for GJ... still got another 1...

hmm...i've been testing on the difference on WMA and EMA. i used a period of 5 on each indicator (close). when the price goes bullish and bearish, both lines shows converging and diverging respectively. during reversal, both lines are seperated with greatest width. anyone interested can have a look.

NFP = Non Farm Payroll, happens on friday of first week every month.

Very good very good ur no stop loss tactic seems work flawlessly. Now u know why computerize stop losses are the reason for retail traders to lose.

Stop losses must be place inside ur mind, not in the trading platform.

I have been hugely addicted to an old online game = Anarchy Online. Its free and fun to play. Will continue to take a trade break until I get boring on this game.

This post has been edited by billytong: Mar 11 2008, 09:53 AM

i think GJ will go down. for a few days.

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Added on March 11, 2008, 11:54 amu can always change the color of the indicator that people made. Use meta editor to open the indicator. Then replace any colour name with different colour name that you like. And press the compile button.

very simple actually. i used to think its very hard, but then i tell myself if i am going to stare at this thing day after day, might as well make it look 'pleasant' for myself.

This post has been edited by woopypooky: Mar 11 2008, 11:54 AM

what good broker has free demo play and also has gold price ?

fxcm...

northfinance also have gold and silver.