wow thanks...... u really know ur stufff... ill try to digest the point, perhaps i can learn a thing or two on the languages. its a totally different language for somebody like me from an IT background....

i think GU will coming back down on Monday.
correct me if i m wrong. .

Yes.

For me, all the pair still have room to down. BUt wont like months before, the down trend will be very slow, wont rapidly down.

Let's put EU GU on to this analysis.

Compare to prevoius SUPPORT. You can see there is still some room down. Means the trend will go down abit some more, and consolidate there forming a reversal pattern and only go up again..

GU the support area already 8 years old, hardly to believe it will break the resistance.


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Thanks for the tips...

DT stands for wut ar?

USDCHF

Showing you there is some room there yet.

But honestly I really very happy I'm here in trading when all this happening. It is really a rare chances to see the whole market falling like a free fall star. A good experience.


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I rather its on its stable way up. Then can accumulate all those carry trade. So i'm very looking forward for this economic downturn to end. But in the mean time, just enjoy ripping short term huge movement lor... Its a bear market for now.

Yo, Guys,

Trading's gonna start in another 17 hours. Could we suggest the mod/admin to upgrada the FOREX into a new subforum?

That way we can share daily tips in a new and more organized New Topic (e.g - 24 Nov 2008 Tips & Forecast).... im sure everybody in their office can access LYN isnt it?

We put the disclaimer:

Forumers/Traders discretion and judgement is required. Following the tips and advice are at the Forumers/Traders own risk. Tips and whatsoever bla2 in this topics may not reflect the real market situation that may result to loss.
Therefore, the thread posters are not responsible to any of losses occured.

just my 2 cents ...

This post has been edited by paichow777: Nov 23 2008, 04:06 PM

I'm trying to become a mod for the finance subsection but they said i need to contribute more. LOL...

I vote 4 u if for they put up a new Forex SubForum...

Then we can all watch the topic during trading time. Share all tips and points... Kita untung sama2 elak rugi..

I don't think there are enough people here who trade in forex to justify a subforum, there are probably what, around 10 who post here regularly?

Anyway anyone trades much in AUD/USD? I'm thinking it will rebound to 0.65 before falling down again, over the past 2 weekends after sell-offs testing lows the market would pare the losses, probably with the help of RBA's intervention, so this pattern is likely to continue when trading starts tomorrow.

Furthermore after some heavy losses in Dow Jones, i'm thinking it's gonna recoup some of those tomorrow, which would favour AU.

Thus having a long position on it now, hopefully it goes my way.

This is for you orange.


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Sorry a noob here in charting tools lol, haven't finished my 5th grade in babypips, that graph with those lines and words is a support for my hypothesis right?

found a link to foenlosf free rbookd..

http://www.duitforex.com/Links/ForexE-books.html

Is this link allowed?

The chart is for my own explanation. I keep the chart on my dekstop so that I could open it and see what am i thinking during the time I made the analysis. SO that I could wait for the setup to reach my taste and I trade it off.

Wish you can understand those stuff la. Besides, the chart might wrong since every ppl have their own way of anlaysis and drawing line..

AU will rise first, and then dip, breaking the 60 cents support.

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Added on November 23, 2008, 10:26 pmLive trading today at MSN chat group along with me at 12 pm Malaysian Time.

This post has been edited by AdamG1981: Nov 23 2008, 10:26 PM

Been long time didn't post some chart here:
Be alert on USD/CAD pair. It is forming double top based on H4 TF.
Beside from fundamental point, next Saturday is OPEC meeting. I'm bet CAD will rise on speculation that crude oil price will rise if OPEC decide to cut production.



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What's your msn?

Msn chat group? how can i join the group?

GU I tooking a DOWN since FRIDAy laz week. Looking for long term 1.39, but i put it into round number 1.40 first

Retest of a bear channel in H4

Retest of the horizontal SR in daily


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