i think he meant 3 hours ago mayb?

GU reached the laz friday low. But I still looking and waiting for it to closed below the laz friday low which will be acting similiarly to EU.

This week no need see la, more bloodshed for euro

@adam
what is causing the more bloodshed for euro? i know the USD is gaining due to the government taking over freddie and fannie.. but why more bloodshed speciffically for euro?

The chart for nymex crude oil is giving us a very big hint. With all these bullish news, it can't even maintain the high. IT's making lower high; but not yet lower low. So it be interesting if we break 102. IF it does, expect more bloodshed for euro.

Warning price action from my side shows the potential of 50-100pips falls from here. next key lvls 4260s if the 4230s expired.

yes we have dropped 260 pips but if there is no buyers, u can guess where it will go. I am not surprise another drop will happen tomorrow morning Asian hours. But certainly u dont see another kind of big drop like today.


Added :

There is also a possibilities that Shorters could TP ahead of housing tomorrow. Housing tmr is for Aug 2008, so most likely it will print red, unless US gov Edited the numbers last minute to support their recent move on the FNM,FDM bail out. U know politician like to do all sorts of lies to make them look good.

This post has been edited by billytong: Sep 8 2008, 09:11 PM

lol bro i think u read wrongly

cuzi agree with u to trade ler not invest -.-

lol

so what currency is good to get now? which is low and would seem to go high

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

no such thing hypoppers or we would all be so rich counting our money... y not u start off at www.babypips.com/school

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.

This post has been edited by small-jeff: Sep 8 2008, 11:34 PM


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sorry, u come to d wrong place.. no best indicator..lol

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Added on September 8, 2008, 11:41 pmgood commentin ^.^

mayb u shud start write these kind of things... huhu

edited:

m sdtill waitin for EU to arrive near or touch d blue line ^.^

http://forum.lowyat.net/index.php?act=Atta...=post&id=578281

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Added on September 9, 2008, 12:15 ammind to tell me wats dat yellow line?

This post has been edited by low yat 82: Sep 9 2008, 12:15 AM

Hey white.lion.clan

It's not an investment, it's just a deposit to start up a FCY account. As for Current Account(CA), there are no fixed interest for our benefit because CA mainly uses for daily in/out activities, so in a Bank's point-of-view, there's no way of putting such benefits into a CA.

Whether or not the CA is under who's name, as long as you have given the account number, I guess it will automatically credit into it. Remember, it's an insecured account with no returns.

Hint: Maybank is offering USD1k for deposits instead of foreign banks... try searching for better options and services.
Hope this help.

I will be looking for a short again. yest USD Slaughter everyone else.

USA economy is collapsing, the world economy is slow down only. Growth Slowed > collapsing. I wonder what fuel all this USD BULL. As much as Illogical it is I am shorting like mad

get a remiser

hi how are ur guy lately?
Lately i just give up since get burn and now left 100 in my acct.

Hope to good news from urs.

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.. ^^

This post has been edited by kelvin_tan: Sep 9 2008, 03:13 PM

all the best bro...

tried demo till feel confident d?

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?

i guess they had to transfer money to US

if look bc, it starts from US, then Europe & GBP, mayb after this asia??

not really, with 6.1% unemployment the US is not really smell like rose. what happen FNM, FDM is not the last bank the collapse? we got Bear Stearns collapse earlier, now we have these 2 bigger ones. Whos next? It is not like US gov have unlimited amount of cash to cover those debt. The root problem is to solve all these issue is to get all the bank "generous" a bit to start LOANing money and fix the over supply housing. When the buying of housing start, then where the recovery come, and everything else will follow after then.

tbh the best place to put right now is JPY.


This post has been edited by billytong: Sep 9 2008, 08:10 PM