If anyone's interested :

GBP is at the 14200 level and I think it's gonna die again , think it will pierce the 138 level .

Good luck trading to all

haha, I thought last week you said it is going to drop to 1.30 level, now u said it is gonna drop from 14200 to 13800, well I think I can trade for RHB too!! Got vacancy? Getting pissed off with my current job.

EURO/CHF, notice the support line at 1.4820, price rebounced a few times before at this level. Will it break??? or rebounce???



This post has been edited by bulkbiz: Feb 17 2009, 04:10 PM

@txi
GU cpi better then expected makign it rally to 1.43 (6.02pm) ..

guys.. want to ask sumthing basic here, attached pic is my trading today (demo acc)
so my profit is 78.71, but i want to know how many pips do i get?


forex trader wannabe

pip = (TP - Price) - spread

spread = depends on which pair u used

The difference of price on the "left" with the price on the "right" column....
example, now u sell:

the first transaction, 0.8901-0.8898= 3 pips
the last transaction, 0.8855-0.8846= 9 pips

If u buy long, "right" - " left" column. hope u r not

Is anyone here actually trading for partime income or living?

Some of them trading for living and some of them trading for part time only.
Its depend on each individual on how their liking. Not all can trade for living, i would say.

market is really unpredictable nowadays.. ><

i see, like that har

Dont understand, why?

eu now which to trust?

yellow line is broken.

but mayb the falling wedges (blue) will hold.


Attached thumbnail(s)

From the pic, its a slanted wedge in the direction of the current trend. Be wary of possible continuation. Don't think that support gonna last long.

but I might be wrong.

what currency is the best to put into broker account right now? euro or usd?

doesnt matter, you would concern more about exchange between eur <----> myr <----> usd

yalah, thats why i want to know, in 1-2 years time, usd or euro which will go up/down more comapred to MYR.

euro/usd was 1.61 a year ago..
now its 1.26.. make ur choice..

access chart on saxo bank, hopefully they have myr/usd and myr/eur monthly chart, and do your analysis.

i dont trade those pair so couldnt really tell you. i believe majority trader are the same..

i decided to go for euro. since right now it is 4.7+, i believe euro might not drop lower than that. maybe next year it will be 5.50? like that when i convert back my balance, i will get more ringgit.

EJ H4 ... last thursday already break the line but go back in creating a new triangle ..