heh.. normeck ur spirits are up ^^ hows ur accoutn now? the 20k back in ? ^^

I pick a long @ 4070 hopefully this will payout big time. Looking for NFP effects, unless I got stop out.



This post has been edited by billytong: Sep 30 2008, 11:33 PM

wow ur still touching the EU pair with this market conditions ><

im stuck again...haiz....
when u want to start hedging again...u will wait till it eat ur pips about 30 pips or 50 pips...3 time u do that, u just give 150 pips...aiya...cannot la...

swt... i used to do that.. and i lost once big time.. so i'll never repeat that again ><

wow...anyone got on the slide down on EU? after passing through last night's S1 pivot, never looked back...

i was monitoring EU and i was wondering was it a good choice to follow your long.. >< i thought it was too risky.. how badly u got burnt ?

me going long? i shorted...

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Added on October 1, 2008, 2:15 amooh...you mean billy?

anyway, bullish reversal seems will arrive soon, probably most appearent during the Asian's opening..


This post has been edited by small-jeff: Oct 1 2008, 02:15 AM

Yup, i closed a Short for +310pipsx4 yest and another long from 4070 for +50pipsx4 just now, I Changed my mind not to hold until NFP, Trichet is crazy I cant imaging what he can do EU b4 NFP happen. I am flat now going to scalp again tonight.

This post has been edited by billytong: Oct 1 2008, 08:52 AM

310 pips nice.. i closed my EJ position for 170 pips yesterday ^^

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Added on October 1, 2008, 1:28 pmr we going to see 1.38xx for the EU pair again ?

This post has been edited by kelvin_tan: Oct 1 2008, 01:28 PM

france, belgium, and several are doing worse by the day. watchout for a bearish move on EU...last night's small correction might be a bear flag. Another strong close below 1.4044 will confirm this.

thanks for the heads up... was nearly going to long EU...

EU guess this is what small jeff mean.


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actually it's more like this...
it's back into the consolidation zone in sept at 1.4144 to 1.4044...a rather large zone...
personally, i wont go in while it's still inside this zone...

oil is on the rise though

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Added on October 1, 2008, 3:53 pmtotally ugly...sit here for 3 hours...only get a few pips... US congress just has to pass the bill...whether it's string attached or not...

This post has been edited by small-jeff: Oct 1 2008, 03:53 PM


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Haha, i missed out Euro's DT...now long euro.

C'mon guys, you all know that FED Is going to cut IR if the credit market still seizes...

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Added on October 1, 2008, 4:29 pmBail out pass, euro goes up, dollar becomes toilet paper...

Bail out fails, investors rush to T BILLS, dollar STRONG, euro becomes toilet paper...

So funny...

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Added on October 1, 2008, 4:38 pmI'm accumulating my euro longss.......See you at 1.45 next week.


This post has been edited by AdamG1981: Oct 1 2008, 04:38 PM

NFP day ma. the trading volume usually is like this one lor. I also sit here whole day jor. Then total get 2pips only after 7 trades. Haha. Makan sini sikit, rugi sana sikit. Baik I pergi tidur...

hmm...EU aint reacting to gold and oil's rocket move

Very boring. So juz post some chart la... Market so quite

PS:
Kelvin you here? Oanda spread as we know is not fixed one, but sometime the spread goes higher than those mt4 broker such as GU EJ pair. GU can goes until 4pips spread while in mt4 only 3pips.

Comparing now and thinking apa broker is considered good...

This post has been edited by mphpopular: Oct 1 2008, 06:03 PM


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I am scalping mini gold now...heh....

From the looks of it, DJIA is going to have a bear rally in 4th quarter. Maybe it's expecting an IR cut from Fed. Anyways, i will continue to long euro and gold (buy on dips).

@mphpopular
yes the spread is not set.. i've seen GU at 5 pip spread for oanda.. EU highest i've seen is 3.0.. its mainly due to the chaotic market now.. before this it was very nice.. low spreads n all..

however i urge u to try a bigger broker.. as u know the new cftc requirement requires all brokers to have net capital of at least 9 million compared to 5 million previously..

another note is Oanda allows u to set most major currencies as ur account currency.. u can use AUD or NZD as they both yield great interest rates and oanda compounds the interest on daily basis.. and when u r trading, the interest is by per second..

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Added on October 1, 2008, 7:37 pmanyway.. i wouldn't say oanda is the best.. i use both mt4 and oanda.. mt4 for technical analysis and oanda for trades as the spread is still lower on average basis.. and there is no minimum lots to buy.. u can even buy 1 unit.. however.. to each of his own preference.. i'm a student therefore i do not have enough money to open accounts where fixed lots must be purchased to enter a trade.. oanda suits me based on my capital... weight the pros and cons =)

This post has been edited by kelvin_tan: Oct 1 2008, 07:37 PM