A chart drawn by some one which is 12 years old. What do you think? From some one who completely duno about chart


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You guys need to read

Market Wizards 1 & 2 - Jack Schwager

Anyone, help me pls... i need to made a decision fast..

I never gave a time frame I don't have to . I said it will go to meaning it will bottom under 4000 , in the long term.

Read the book and stop joking.

(Note: I do agreed with kelvin that i really felt discomfort with your remarks here. Please cut the personal crap , use the PM if you must and post your remarks maturely.)



This post has been edited by cherroy: Feb 10 2009, 12:00 AM

http://www.themalaysianinsider.com/index.p...-currency-swap-

@TXI
as usual you just mention it will bottom at 4k but no analysis and no fundamental reason for it. Let me give you my words then... DOW will reach 20k ! I never gave a time frame. I dont need to. I dont want to start any arguement but this is for discussion yet you are throwing all your predictions to us and are somehwat forcing us to either accept it or else we get arrogant remarks from you. Best of luck for you shorting GBP/USD.

@dreams_achiever
nice djia chart heh i myself lazy analyze

This post has been edited by kelvin_tan: Feb 9 2009, 12:38 PM

LOL
how long is ur long term?
10 years later?
100years later?
or after u die?
jus my 2cents, it is unreasonable, man.
at least give some reason lar. if no reason, i assume tat is SPAM.

hard to say. still waiting for Obama's Stimulus Plan tomolo.



let's stop the personal brawl here. it's making a mess in this thread. Txi, u have ur own wordpress/blog and you can well continue to vent out your anger there with profanities. Let's us all keep this thread clean once again.

Next version (whoever is creating it) if there's any suggestions to SHORT or LONG pls state on which indicator/TA/FA it's from as a support. That way we could check whether to agree or to concur

the mod has spoken , keep it to FX man .

make another thread for Dow if that's what u want

Thanks for luck for you shorting GBP/USD. but I already made 100 pips

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Added on February 9, 2009, 6:39 pmthe mod has spoken , keep it to FX man .



This post has been edited by cherroy: Feb 9 2009, 11:57 PM

hi there
anyone of you using mobile forex trading platform? in your opinion, which model pda phone would you suggest? i am considering an omnia.
will be used whenever inconvenien to use notebook - such as during office hours.
thanks for the help

For forex trading, i suggest you to use a notebook, instead of a pda. Sometimes pda, you cant see the chart properly, hence you might be interpreting the candles, movement inaccurately.

ya. i agree a pda may not give as clear a picture as a full fledged display. nonetheless. there are times when it is just inconvenient to power up a notebook - such as when in office and boss around
was considering a pda phone more for the order management, especially when a trade is already running or if intend to place an order.

@TXI
u made 100 pips shorting GBP/USD good for u.. i made 100 pips longing GBP/USD also.. and another 100 from EJ EU AJ while you were replying about my talk about adam and eve. Hope u took profit before it went against you.

@golddigger
notebook definately is better then pda. But pda can be your backup at times where notebook is not convenient for you to carry around maybe during your lunch breaks or so. Anyway it depends on your trading method. If you are a position trader aiming 300-500 pips u dont have to monitor it all the time

It depend on what platform that you are using. If you using oanda which is web-based platform (or specifically java based), you can use any pda phone that support web browsing.
If you using mt4 based platform such as ibfx etc, you need to use windows mobile 5 or 6 software to support mobile mt4 application.
I'm using HTC Touch 3G running on windows mobile 6.0, it work fine.

I took profit before it went against you, while you were talking about adam and eve.

There's more to short by the way , I'm waiting .

So what are your reasons for longing GBP/USD since you are so insistent on asking for reason ??

Where are your " analysis and no fundamental reason for it. " your own words.

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Added on February 9, 2009, 10:33 pm" u made 100 pips longing GBP/USD also. and another 100 from EJ EU AJ "


I would like to ask you since you always demand " serious " talk on FX so why are you saying you have done all these trades AFTER the fact , after the pairs HAVE moved ?


I , anyone can make that up , that's the oldest trick in the book.


Next time do what I did on the GBP trade , make the call BEFORE it happens , that what this is all about not history anyone can look at a chart and make it up.





This post has been edited by Txi: Feb 9 2009, 10:33 PM

reasons to long G/U

1) Sell off on Treasuries - $67bil on sales starting today, so far, aint performing well

2) Lower interest rate on GBP

reasons to short G/U:

-None- or you name it

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Added on February 9, 2009, 10:38 pmdid correct you before market start last week...

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Added on February 9, 2009, 10:41 pmThis post has been edited by small-jeff: Feb 9 2009, 10:41 PM

Given on Feb 6, DOW is start going to rally based on volume breakout and others indicators are giving bullish sign.
So why need to short any major pairs like GBP, EUR? I acknowledge DOW rally may not spark rally in GBP pairs.
But at least in historical data, it does proved it.
So for now, i rather stay long bias until DOW indicator showed me otherwise.
Anyway, my opinion is just a humble opinion from average trader @ IT guy.

This post has been edited by dreams_achiever: Feb 9 2009, 10:58 PM

zzz. non stop quarrel? non boring? leaving here liao. wasting my time reading few pages thru juz to see ppl quarrel?

moderator direct close this whole forex thread la. ppl keep arguing here. zzz

when Dow rallies, DJ Stoxx, CAC, DAX will usually rally as well

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Added on February 9, 2009, 11:00 pmwei...not just some nonsense arguement...i did point out on Treasuries and etc..

This post has been edited by small-jeff: Feb 9 2009, 11:00 PM

i trying to avoid myself from getting into this all stuff. But i juz want to say.

You have your own TimeFrame when you are talking about short so as others. So wat is the point argue-ing?

I LONG GU at the time you mention short. I allow the float of -100pips bcoz I was trading different TF from you.
Juz tats all.

haiz. see liao also upsad.

All ppl juz want make pips and make fren, not make enemy.

Juz hav a smile and let all it pass.

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Added on February 9, 2009, 11:04 pmerr. sori ya sori ya. i juz too angry a minute ago. now ok back liao. paiseh paiseh

This post has been edited by mphpopular: Feb 9 2009, 11:04 PM