Yeah, I been there too. Most of the brokers from Russia, saw they speak english like very suffering, haha. So far the AxisODL given me quite good impression on their reviews. Australia regulated, claimed that partnership with US ODL.

Short GU just now...
and please use English...i also dunno how to write/speak in English..but i'll try...here some charts...critics and discussion are welcome




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Waiting for a clean break below the yellow line


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short gu meaning sell gbpound???

Yup, sell GBP buy USD.

ok..manage short gbp..at 1.6380...now it 1.6346...gud analysis..

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Added on June 15, 2009, 2:17 pmok..manage short gu at 1.6380...now its 1.6345...very gud analysis bro normeck..

This post has been edited by penanghomes: Jun 15 2009, 02:17 PM

GU - attention on the black line

Red:
-ve macd divergence with the target on 1.6250

Green:
UT TL broken

Black:
H&S broken with the target of H&S included in the chart.
But be reminded it might be a good place to take profit during the SR zone


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For example, GBP/JPY = 162.45

GBP is the base currency whereby JPY is the quote currency. This means that u need 162.45Yen in exchange of 1 british pound.
'
If you think GBP will goes strong, then u "Buy or Long" that currency. And you "Short or Sell" it if Yen is stronger than pound.

U got to noe the basic before trade. And most of these info can be obtained from babypips.

thanks for the explanation..but i guess we can based on feelings..how to predict up or down???

just my few cents, u won't last long if u based on feelings to do ur trade...

sorry..typo...i mean to say we CANT based on feelings rite...if base on feelings sure k.o....so how to predict?

any clues or tips..please please share.

yeah... if based on feelings.. we'll be greed/fear/revenge trade

Fundamental such as news, talk etc
Technical such as TL, indicators etc

Waiting for the sifu's prediction on GJ.
Still learning
3 demo account thrash to 49 already.
4 month training to go.
hehe

Actually u can short GJ today cause got pin bar on friday (D1 TF)....
SL as usual, look at your money management....but prefer at HIGH PIN BAR...

here some chart, feel free to comment...

This post has been edited by normeck: Jun 15 2009, 11:52 PM


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Yeah Axis ODL is pretty great regualted, yeap yeap lots of russian base brokers there.

very mind opening for begineers and maybe some oppurtunities for veterans.

GU h1 red line SUPPORT.
I on bias SHORT where the redline will break soon.


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EU h4 : Close below the SUPPORT line. Bias SHORT
EU weekly : Look out for 1.3740 as it is previous HIGH and might act as support


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my AUDCAD just trigger...


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@penanghome (if you still lurk this corner of the forums)
RM1.5k earn rm1k-2k a month? i have a friend that made his account grow from USD600 to USD1800... in forex its possible.. but based on what you know, please donate the rm1.5k to charity instead rather then trying out forex because when ur mindset is wrong, u will lose all your trades. the "basic" stuff that you covered I would say is only 2% of forex and no I am not exaggerating. Ask elite members here and they would tell you that (AdamG, mphpopular,bulkbiz and so on)