Malaysia

Go to Bloomberg.com and scroll down....on your right. $92.95 USD

You are new in Forex right? RESPECT Man to have the gut to trade during NFP!!! What was the SPREAD... 20 - 50 pips :surprised

Cheers Bro Anybody know what was the HIGHEST price reached last time? Did it managed to touch USD100 per barrel?

somewhere around 96++ on nov 26

I think it hit $98.95 then dropped. It only came up today because of the explosion in the canada pipeline.

Heheh. u know what I do? I just set buy stop & sell stop. set a target profit of 20 pips. and then, on top of that, i put another buy&sell stop above the first entry order, another 20 pips. total = 40 pips. if I put 5 mini lots, I got $200 in a matter of minutes. huhu. I've done it before. feels great.

By the way Malaysia, crude oil has reached $99 before, not yet $100. hye, how many litres of oil in a barrel eh? I wanna do some calculation here. can somebody help me out? heheh. thanks

Cheers everyone for finding me the answer If I am not mistaken.... OIL PRICE has direct correlation with CAD and GOLD PRICE with AUD.

DJI chart activated. Starting BELL... huhuhuhu... dropping heavily initially but bounce back now... everybody seems confused What a confusing night I might go to sleep and battle another day.

Oil directly affects the USD/CAD and gold affects everything dollar. Wait 20 minutes before getting sleep.

How many litres of oil in a barrel? and why suddenly USD/CAD goes up? thanks my Malaysian fellows

11:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif New Home Sales 728K 750K 770K

This is really bad for US Economy And yet the market acting like nothing happen. Maybe the immediate effect still confusing. Let see the medium and long term effect.

I stay away from the CABLE... DJI dropping down... CARRY TRADE UNWINDING!!! Halting CABLE from shooting up like EU. I look for alternative... went short on UsdChf

Yeah me too - just short USDCAD at 0.9977 - already green 15pips now..http://www.forexfactory.com/images/icons/icon10.gif

"Orang tamak selalu rugi". Isk isk... my lesson for today is:
1) be alert to candlestick reversal signal esp. doji
2) look at stochastic whether the rally will continue or not
3) take away the profit when it's enough

from +$80 to only $40+ (short on EUR/USD & long on USD/CAD, 0.1 lot each). waaa... so sad nevermind, learn ur lesson mr.khalid. jia you jia you

1 hour, 36 minutes ago CLEARBROOK, Minn. - A fire at a major pipeline from Canada that feeds oil to the United States killed two workers and sent oil prices soaring before burning out Thursday morning, officials said.

The two were fixing the underground pipeline when fumes apparently escaped, igniting the blaze Wednesday in Clearbrook, about 215 miles northwest of Minneapolis, said Kristine Chapin, a spokeswoman for the Minnesota Department of Public Safety. Nearby residents were evacuated because of the thick black smoke in the sparsely populated area.
"It looks like it's out now. They're just mopping up and making sure," Blake Olson, a pipeline terminal supervisor, said Thursday morning.
Enbridge Energy Inc.'s 34-inch pipeline carries crude oil from Saskatchewan to the Chicago area, Chapin said. The pipe had leaked a few weeks ago and was being repaired, she said.
"It appears as though one of those fittings may have failed and caused fumes to leak, and it caught fire," Chapin said. She said there wasn't an explosion and described it as a "big fire."
The crude is used to make several kinds of fuel, such as gasoline and home heating oil. An average of 1.5 million barrels of oil passes through the pipeline every day, said Larry Springer, a spokesman for Houston-based Enbridge.
The U.S. consumes 20.58 million barrels of oil a day.
The pipeline that leaked and three others were shut down, Enbridge said. Two of the lines were re-started Thursday morning, Springer said. Another line will be inspected to see if it is safe to come back online, but the line with the leak will likely be out for some time, Springer said.
"Nothing is going to be re-started until we're absolutely sure it's safe to be operated," Springer said.
The fire added jitters about the markets.
Light, sweet crude for January delivery jumped $3.47 to $94.09 a barrel in electronic trading on the New York Mercantile Exchange by midday in Europe. It climbed as much as $4.55 to $95.17 in the electronic session before slipping back.
The contract had plunged $3.80 to $90.62 a barrel Wednesday in New York, adding to the previous session's drop of $3.28. That was a front-month contract's second largest two-day price decline since the Nymex introduced futures trading in 1983.
In London, January Brent crude rose $2.21 Thursday to $92.02 a barrel on the ICE Futures exchange.
The names of the workers killed were not immediately released.
___
On the Net:
http://www.enbridge.com/

That 20 wma on the DJI chart is acting like a stubborn SUPPORT Braking that one UsdCad & UsdChf and all Carry Trades will be FREE FALL Urghhhh... I hate this kind of psychology... anything could happen. Placing SL 1 pip lower than my entry price at UsdChf.

IMO,

If it is breaking 13200, then it is a sure south provided the line is "narrow" and will formed a "v".

Stock market a bit different from Forex market. The move sometimes real crazy like the the hype of the people in the Stock Exchange. SL got hit : I am off to have my beauty sleep.

Total profit for today... real acc... USD548.95

p/s: The Usd8.95 was from 1 lot hitting SL 1 pip on USDCHF

10% profit per day....... mmmmmm impressive ...

Walllaaaa weeeiiiiii.... all the market last night just ranging when I went to sleep Luckily I didn't stay up.

Cable look BULLISH now... maybe heading toward the upper resistance of the CHANNEL However... if the BEAR managed to break yesterday Low... 2.0500 easily reach.

Finally... the long awaited FRESH NEW ACC is ready and activated. The money has been transfered from the OLD ACC. I want it fresh new because don't wanna mixed it with past performance. With this NEW ACC... totally gonna follow the DYNAMICS SYSTEM being discuss over here. Therefore, easy to make conclusion later on.

With ASB... 10% per annum. With Forex... 10% per day

p/s: The risk of loosing 100% per day is always there with Forex.