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Forex Trading Corver V3, How's Your Pips Lately? ^_^
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TSfiredauz
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Jul 7 2008, 01:17 PM, updated 18y ago
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V1 --> http://forum.lowyat.net/topic/369676V2 --> http://forum.lowyat.net/topic/625840Continuing our talks and discussion on Forex here. Welcome to Forex Trading Corner!  For newcomers asking where to begin, start yourself from: - Babypips: http://www.babypips.com/- Forex Factory: http://www.forexfactory.com/forum.php
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mphpopular
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Jul 7 2008, 01:47 PM
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This is 1st page of our new home. In order to attract more people, greet all of our Forex people with a great "WELCOME" and "HI" to all of you.
I currently using IBFX demo for some demo-ing new strategy. So far, their MT4 problem is doing well. The only minor problem is their spread during news is very high. BUt if you did not participate in any news trading, that doesn't a matter for you.
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normeck
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Jul 7 2008, 01:59 PM
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repost i dont know where GJ will heading to.... Japan says its Economy will expand ..then most of the trader will buy the Yen rights? i read about US Manufacturing... » Click to show Spoiler - click again to hide... « Manufacturing output increased by 0.3 per cent in the three months to April 2008 compared with the three months to January 2008. Output increased in seven out of the 13 sub-sectors, decreased in five sub-sectors and remained unchanged in one sub-sector.
In the latest three months there were no significant increases but the largest non-significant rise was in the machinery and equipment industries, where output increased by 1.5 per cent. There were no significant decreases in the latest three month period.
Overall production output decreased by 0.1 per cent on a three-monthly basis. There was a decrease in output of 3.2 per cent in the mining and quarrying sector and a decrease of 0.4 per cent in the energy supply sector. Within the mining and quarrying sector there was a decrease in oil and gas extraction output in the latest three months, but an increase in coal extraction output with production problems of early months being resolved. Within the energy supply sector electricity supply output decreased by 1.9 per cent with a continued switch away from coal as the main fuel used in electricity generation. Offsetting this, there was an increase of 4.0 per cent in the gas supply industry with cooler average temperatures across the latest three months than during the same period last year, increasing demand for gas used for heating.
Between March and April manufacturing output increased by 0.1 per cent. Output increased in six of the 13 sub-sectors and decreased in seven sub-sectors in the latest month. There was a significant increase in the transport equipment industries, where output increased by 2.8 per cent. There were no significant decreases in the latest month.
Total production output increased by 0.2 per cent between March and April. Mining and quarrying output decreased by 0.3 per cent but energy supply output increased by 1.6 per cent. Within the energy supply sector there were increases in output of 1.9 per cent in the electricity supply industry, 1.3 per cent in the gas supply industry and 1.2 per cent in the water supply industry. and i think it will increase...and good for US..then Geppy will go up isn't? correct me please... Attached thumbnail(s)
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small-jeff
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Jul 7 2008, 02:03 PM
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@billytong: bout the US$500 for fxcm, yeah, i wouldnt recommend anyone to do the same thing as well. i put in $500 just to have a feel of it first  but anyway, provided that i dont do stupid things, $500 could bring me $100-$200 per month. When scalping for the smaller pips, dont require that much of margin, still, it's risky. edit: wrong figure This post has been edited by small-jeff: Jul 7 2008, 02:07 PM
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kevler
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Jul 7 2008, 02:03 PM
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GJ is in corrective pattern which is i believed is Flat .
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small-jeff
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Jul 7 2008, 02:11 PM
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hm..EU, within the downward channel...BO after 3rd wave? Added on July 7, 2008, 2:14 pmQUOTE(kevler @ Jul 7 2008, 02:03 PM) GJ is in corrective pattern which is i believed is Flat . it seems more like a triangle correction, should be ending soon ... This post has been edited by small-jeff: Jul 7 2008, 02:14 PM
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bafukie
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Jul 7 2008, 02:26 PM
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GU should find its support soon (based on fibo)...
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mphpopular
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Jul 7 2008, 02:27 PM
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I believe US news come out good than expected and it will helped the carries or the bull, especially the YEn crosses.Mean If USD news is thumbs up, i believe GJ will go up as well.
@bafukie If you do not mind, juz post up the chart together. Cause for me, i cant access to my MT4 during working hours. Juz wish some time there is some people to post up chart to let me know what is happening now. Hehe. Always try to memorize the chart during morning before i come out. Tiring...
Job unlimited better ? or Jobless better ?
This post has been edited by mphpopular: Jul 7 2008, 02:31 PM
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small-jeff
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Jul 7 2008, 02:36 PM
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lol..mph, just use those web based java-charts. they're good enough to make a quick view
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low yat 82
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Jul 7 2008, 02:45 PM
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r u guys ready for usd upswing???? lol
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small-jeff
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Jul 7 2008, 02:47 PM
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QUOTE(bafukie @ Jul 7 2008, 02:26 PM) GU should find its support soon (based on fibo)... at 1.9706? Attached thumbnail(s)
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bafukie
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Jul 7 2008, 02:58 PM
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my graph shows 1.9724 (daily GU) @ 38.2 fibo
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bafukie
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Jul 7 2008, 03:00 PM
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i tend not to trust the stochs alot.. they might linger for a while before going south
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low yat 82
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Jul 7 2008, 03:03 PM
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hmm... from 1hr TF... EU n GU shows same thing... break of channel... TP for GU 1.961x
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normeck
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Jul 7 2008, 03:18 PM
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QUOTE(bafukie @ Jul 7 2008, 03:00 PM) i tend not to trust the stochs alot.. they might linger for a while before going south yep..thats why i have that Fx Sniper...and read the candle...
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billytong
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Jul 7 2008, 03:36 PM
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Eu is down, I expect the same tomorrow.
This post has been edited by billytong: Jul 7 2008, 03:36 PM
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mphpopular
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Jul 7 2008, 04:42 PM
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I juz reach home and found out the GU trigger my sell limit. Currently wif +90 pips. My TArget is 1.9610. Still waiting. I shall not try to interupt the trade. And juz let it to trail wif TSL. Shall stick to my discipline. Let it be what it be.
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small-jeff
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Jul 7 2008, 04:43 PM
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hm...i believe both EU and GU might have a better chance of reversing tonight...but the reversal wouldnt be too much, should be less than or around 100 pips
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