LOL ... i went to www.metaquotes.net and download ><

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Added on September 2, 2008, 10:40 pmlowyat 82 do u have msn or ym ? i'm hoping to have some guidance here if u have the time..

ya...i think so too....to slow down the fall

adam....since u have financial knowledge background.......may i know why is during economy slowdown or recession.....the inflation still rising?

inflation is rise of price for things rite? if economy is in a bad shape...why would ppl increase the price rather than lower it....to make the their own business more worst?

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Added on September 3, 2008, 12:54 pmabove is reply to adam....

ya i know..............i mean when economy is bad........mean sales is bad.....if sales is bad why do people still rise the price instead of lowering it or stay? doesnt that make ur business more worst?

like supply n demand....economy bad = no demand = price drop vice versa..........how come still can hear inflation up.....blur

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Added on September 3, 2008, 1:56 pmeconomy good  =demand for commodities =commodities up = inflation up

economy bad = less demand for commodities = commodities up too?

What data?

I am stepping away from today. Too volatile, too risky.

I will focus on Malaysia's FKLI and Nasdaq for the time being. 

EU still have potential to down some more. BUt now I thinking the fundamental part, is USD strengthen up, or is EUR drowning?

@lowyat
Juz take your time. I also recovering losses, I still remember back to the time whereby you aiming for small pips in every of your trades. BY that way, you able to recover your account into your original point and make profit.

I doing the same currently, after taking in a huge losses, now aiming for small pips every day and try to recover my acc slowly. ACcording to the speed currently, I guess I might need around 2 month ++ two recover fully my account. But slow, at least safe... When I always think wanna recover my account faz, then I will end up with more losses trade, bcoz I didn't close most of the trade that in +ve pips coz I wish for more.

Wish could help you relax a bit...

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Added on September 6, 2008, 10:55 pmNext week will be handling some project, guess wont be here for trading. So this week wont be posting up any chart for weekly analysis... Wish you guys a lot of pips.

U check the Asian Stock first. 

Markets rally on Fannie Mae, Freddie Mac bailout
Asian markets rallied in early trade on Monday, as investors heaved a sigh of relief over a bailout of mortgage giants Fannie Mae and Freddie Mac.

when u guys transfer ur money into ur forex account.. do u guys take ringgit n convert to usd ? or the bank automatically does it for u?

is there a foreign currency account? i didn't know that.. how do i set up one? and which banks offer such accounts? because when funding my account.. oanda requires the funds to be transferred in the same currency as the live account.. so if i'm using USD for my fxtrade.. i have to send USD.. i can't send MYR T_T ...

@jbb_lkh
many thanks for that comfirmation.. but i dont have usd2000 T_T heh but helpful nevertheless as i was going to enquire.. Maybank needs USD1k.. i think i'll stick with maybank

hye~ i'm quite new in this field...can u guys give me some tips...wat is the best indicator for forex....how can we predict it...to gain profit...thanks

hm...a little side note..on the left of the attachment is the EU, while on the right is UJ relative to EJ, with Yen being as the base (lazy to explain ). Seems like the Euro is falling at a much faster rate than UDS, but i would expect the gap to closer once EU hits around 1.3800.

Most US reports wouldnt make much difference now, other than those sudden spikes. Previously investors are worrying about Freddie and Fannie. Now that the gov has taken over them, it's actually much of a relief to the credit market. What's US$120+bil compared to the US$500bil being suffering in the credit market? Perhaps there would be a slight retracement today and/or tomorrow. Lets see if investors would regain its confidence in Wall Street and EU will drop to 1.3800

edit: typo

added:
The early session of the US market has seen the sell-off of the treasuries and bonds, while Europeans are buying US stocks. Expect much more movement after the last european market to close.

EU

ur not going to fund ur account anymore cyaoping? mayb back to demo and later try it out again ? what platform were u using and how much have u burned?

On a side note i just funded my account with oanda today.. ^^

just imagine you're a fund manager holding a few billion dollars in Switzerland, where you wanna put your money in for now to make max profit. The US or the Europe or Asia?

ouch? they charge usd30 ?
what bank did u use for local bank ?