I made 70 pips yesterday to recover from a mistake for my silly fingers....sigh.

USD got weakened, but was strengthened after HP and Home Depot announce profit gained, it'll not be the major trend. Just follow where the money goes or at least, for the time being, there's no reason for USD go continue its bullish run.

i made 80 pips on EU and 50 pips on UJ last night.. adam thought me to look at djia before trading

I think thats the problem. They don't want to go lower but there is also no reason to go higher.. so it just waiting there. All major investors taking wait and see attitude. So no major movement .. haihz

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Added on November 19, 2008, 2:14 pmWhich pair u made 70 pips ar? Care to share? Thanks...

This post has been edited by WhitE LighteR: Nov 19 2008, 02:14 PM

whitelighter.. adam made on EU with me heh we trade together..

Hello everyone, wondering if theresanybody who can help: is there anybody here who is familiar with the Navigator trading platform from MB Trading group? Having some difficulty with the program.

can someone explain to me what factors affect UJ? what to look out for when i trade in this pair

cool... didnt know u both trade together..

so is it like a private club? can join ar?

For UJ: you can look for monetary policy(FED meeting), employment data, trade balance, housing data. These all data are very important in determining rise and down of UJ pairing.
CPI & PPI are not so important for now as currently crude oil has been drop. So expected that PPI & CPI gonna drop as well.

This post has been edited by dreams_achiever: Nov 19 2008, 08:56 PM

Been a while din post chart here.
Short GU @ 1.5072

Evening star seem appearing at top and forming double top. Hope my prediction is right.

This post has been edited by dreams_achiever: Nov 19 2008, 08:58 PM


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sideway!!!.. i hate sideway

http://sukehatiaku.blogspot.com/

It almoz the end for GJ sideways.


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how about EJ ?

hm..finally, EU made the up move....hope it's sustainable..

It's same. Just monitor all the EURO data that coming out.
ECB policy, trade balance, GDP , employment, etc..

today TP hit ...



thanks ...

But does UJ work like other major currency pairs? Since both USD and JPY are low-yielding currencies, when good news about the US appear, does UJ rise or fall?

Because when bad news about US occur, doesn't USD strengthen against other currencies instead of falling because investors ultimately have more faith in USD than the other currencies, since a falling US economy would affect the global economy in large.

anyone knows any auto target EA ? it doesnt trade .. just automaticly put the stoploss,trailing and take profit after i make an entry ...

Today kena whipsaw kau kau, sienz


Anyway, Dow closed below 8k, making it the lowest since march 2003, FKLI becareful.

Ya, yesterday EUR and GBP pairing got big swing coz EC announced USD160billion stimulus plan so it went up like crazy.
However in late US trading, it shoot down back. Really big swing...