One more GU. H4


Attached thumbnail(s)

hehhe...i know that my floating was -ve like crazy...
but this is what i hope....retrace to 200.xx was enough for me to close all trade...
here is the chart from me....




Attached thumbnail(s)

Yen, well not sure yet but the I do know the Japan is having higher inflation than usual. (It is the same around the world, no big issue). Many yen trade is speculating Yen Rate hike, but I personally think they wont.

yen is weakening all the time. if Stock goes good, it will weaken. Simple as that. One thing I know I hate shorting Yen pairs, I prefer long at bottom, so if I have drawdown I can recover back with roll interest.


As for USD going strong. No I do not think USD is going strong itself. It is the world currency getting slow and drop themselves. High oil price is dragging the whole world economy.

I probably think USA gov might be behind all these oil speculation, it is like they are trying to push their subprime problem to the world. UK also got subprime but they dont cut rates crazily like FED.

EU movement is like "the market want to look how bad euro economy is, + Is the USA economy stop dropping". If u put this two together, it is equal = Euro bearish.

This post has been edited by billytong: Jul 26 2008, 10:38 PM

Billy and Small_jeff = fundemental analysis
others = technical

it was great...

Haha. Yeah. Now alot of info can gain over here. Experts giving idea out here. Wash my ear and listen carefully now...

---

Added on July 27, 2008, 1:17 pmFor those who hunting for micro account. There is another one, instaforex.com

Here some discussion on it
http://forum.lowyat.net/topic/728382

This post has been edited by mphpopular: Jul 27 2008, 01:17 PM

Hey rayzs is back

My EU

UP trend over next week in EU as shown in my charts.

It is due to retracement ( ithink need one week time for this retrce), overall is bear for me.

Juz my opinion...

What you see is what you get. Juz trade wif your charts.


Attached thumbnail(s)

hello everyone!
where can i check on web all the currency that we trading on weekend?

http://www.xe.com/

On EU, i believe the correction on 24th and 25th is over. From what i see, the 23.6 fanline shows good resistant for the correction move. albeit a strong breakout on 25th, it still wasnt able to touch the smaller retracement of 38.2...strong pressure remains at the 50.0 level. the consolidation at 50.0 should be done by now, or early of Monday's market. Monday night's US market might see another bearish move on this pair. next target fall will be at the 61.8 level, at around 1.5583


Attached thumbnail(s)

Got it from FF.. The EW analysis, i so like it.... It looks clean and clear.. Juz have a look guys and juz note it down. This is what others are having on their mind.

The market is made up by bull and bear. We shall know what;s the reason for people in bull or whether in bear. This is a good chart analysis for me....
this let's me see some good point in GU which will make me aware off.


Attached thumbnail(s)

the blue and yellow line must draw by ourself aa?...got indi can draw EW?

So sorry to let you know that. NO wor. Haha.

Cause example for EW, Fibo, Gann is something different from indicators. Indicators as we know, it is a always lag behind of time. While EW fibo gann we can get it on our chart immediately and forecasting as well.

So, EW muz be handdrawn. As there is always differnet opinion based on ppl... Even same ppl can draw 2 different EW on the same chart.

i dunno... but from my analysis, 1hr TF, i cant see anythin..lol

but 4hrTF, there is no indication from my indicator though... so,most probably wont trade EU..

You guys continue to scare me... so many lines

nice chart with oanda platform.. ^^

This post has been edited by hoon: Jul 27 2008, 11:05 PM

LONG Aud/Usd 3000 units
ALL IN

LOL

How much you guys can earn by using forex?

Actually I think they make a lot... they is scary.


This post has been edited by wodenus: Jul 28 2008, 09:34 AM