@xXwasabiXx
it is legal for us to trade forex but it is however illegal to set up a forex brokerage here in malaysia.

@rstusa
Its not the japanese adjust their currency level. Its that they intervene in the forex exchange market when deemed needed. They do not "adjust" their currency price but instead perform massive buying/selling of the yen that makes it move due to the huge volume that they are able to execute

@thedoy82
i've been reading a little of your posts. Sad to say forex courses advertising here isn't really that welcomed by most members that are active in this forex disccussion..thats for one.

another point that may irk quite a number of us is when u ask why are we not millionaires yet. i think the question should be why are YOU not a millionaire yet? u are offering forex mentoring which i'm sure is to allow people to learn how to trade and if u have a good trading strategy why aren't u a millionaire yet?

i'm not looking to flame you or anything but please.. the manner that you deliver your content is bound to irk someone.

@bulkbiz
heh i agree great wednesday... 500 pips baby easily covered whatever I died on yesterday.. high 5

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Added on March 5, 2009, 1:58 amanyway bulkbiz.. managed to long AU as we discussed? excellent returns if u did

This post has been edited by kelvin_tan: Mar 5 2009, 01:58 AM

@coldfusionpower
i thought u use EA as well? should have been able to catch a few ma? but hey opportunities are everywhere lets all get more pips

an opinion from you..how reliable is andrew's pitchfork ? since ur using it in ur chart.. i've never used it

i quite agree ej is going up.. but i dont know where is the next support and i'm not totally confident in longing or shorting ej.. but if its on demo.. yes long ej

EJ AJ going up now.. muahah..

@coldfusionpower
for scalping (15 minutes chart to 1hour) is andrew pitchwork good? or preferable on longer TF?

shorting eu will be disastrous careful

depends on broker bulkbiz.. if broker supports 5 decimal then it is 5 decimal.. the extra decimal actually is helpful

@woodenus
For the time being there is no way interest rates are going to be raised at least for the G7 countries due to the economic condition they are in. In the long term say mayb 1 year or so yes there is room for increament if they get out of the mess soon enough but I dont see interest rates being increased for the next 6 months or so. Just my opinion

@mph
heh exactly what i'm doing

bad week for me, occured losses but thankfully its minor losses.

yeap i downloaded and it works fine mph..

heh welcome back billytong..

haha jeff u long how big yesterday? heard from G u entered also

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Added on March 19, 2009, 7:56 pmRIGHT ON THE MONEY ADAM ! MUAHAHA U MADE ME LOADS LAST NIGHT AND UR MAKIN ME SOME NOW !

This post has been edited by kelvin_tan: Mar 19 2009, 07:56 PM

Nope dr2k3..
He speculated that before the fomc statement and told us.. he knew it was going up and he predicted all of it before the meltdown. I wouldn't say thats stating the obvious.

yeap drk3 i agree usd is goign to melt sooner or later but when i say speculating, G mentioned EU to 1.33 like 12 hours before fomc statement when it was like 1.2950 only.. not everyone can speculate that way and give us a figure so high up and hit it. It hit 1.3490 that night itself.

anyway trading news releases is speculating. Forex moves based on speculation anyway. Your title = speculator .

yeap he traded himself.. and he traded way bigger then usual.. he was very sure of it. Tonight will be another volatile night once the clock strikes midnight bernanke will make us rich or poor tonight

to me after observing market is actually driven by speculation and not by the actual news itself. When there is rumours of an IR cut it usually prices in way before the result is announced. There may not even be an IR cut but if there is a rumour of IR cut the currency will already start moving

@babytensai
through ppls speech such as trichet, bernanke and so on. Sometimes also by reading news

@wookypooky
u going to be needing lots of luck for euro to rally back up because fed has mentioned that they are pleased with the current effects from the purchase of 300 bil t-bills from last week.. No doubt euro may rally up to ur desired point but if ur risking everything ur heck of a gambler

need more then that la... wiring fee leh? go put in 100 usd lo..