Seriously it is just beginning of 1-2days, things has started. But I prefer looking to see how it plays out b4 landing into uncharted waters. Besides it is not soo attractive to Long EU @ these levels.

This post has been edited by billytong: May 22 2009, 02:45 PM

Ben and Tim will not do anything to rescue the USD. Due to internal demand is so weak, they will rather let the usd die and boost exports number. In doing so, the trade deficit will narrow against China as long as the Chinese continues its huge budget spending. That's the only way out for the USA from the economic crisis. China is now leading the way and its up to China to dictate the shape of the world economy.

Have you guys figure what will happen if China decides to liquidate its T bills and buy commodities for future stockpiling?


Yes, thats right, USD will die kau kau




TXI, even the noobs know how to trade and win money by going against the usd. So what did you say? 5000 for DOW in June. My oh my, do you think that will still happen with the government letting the usd die and helping exports number for some of the dow components. I am not surprised if Q2 for some of these Dow components will beat earnings BY FAR due to EXTERNAL DEMAND.

Txi, you ain a forex guru, you are worst than a noob.

who is TXI........i look back previous couple day i see no one with this name

haha. someone who talks kinda big.. is kinda long time ago. made alot of ppl pissed..

I also wish I can win 20pips everyday. But to bad I can't.

If you think trading FX (high risk) can be similar to investing in fixed income (low risk), then you need to pay 'school fees' :-)

if one can make 20 pips per day, everyday, he/she would be millionaire in a few years

if u are following trend,20pips is nothing. : )
but consistent is depend on u.

wow.. how i wish im at that level..

yo victor.. nbtd on weekend huh?? hahaha...

well even if u follow trend if u dont even know which direction the trend go ur screw also...

haha. sure follow major trend as well need some fundamental basics also.
y worry? its still on major trend.its only will screw when u r not know what u r doing.
currently still learning. anyhow experiences teaches all.

i can say now the major trend is a bull trend. but u wan to fight the major trend and go short meh?
it is risky u know?

This post has been edited by victor131490: May 23 2009, 09:40 PM

lol. 20 pips. 200 pips. all u need is exp.

Hi victor, long time din chat with you.

Looks like you are having good trade out there:)

haha. u no online in LYN chat room oredi?
less c u there wor. hehe. got good trade and bad trade also ma.

that is why i have digi bb for backup !

Discipline is required to trade FOREX. If you think you are very emotional, better control your emotions first before trading.

guys, plz recommend me a great broker for forex. i need a broker that is very reliable that i can trust my money to them....

This post has been edited by john123x: May 25 2009, 07:24 PM

look at post #1753

This post has been edited by henry_swk: May 25 2009, 07:38 PM

thx for the info

Trust me it is not hard.