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  • #31,101
  • Sep 17, 2008 5:45am Sep 17, 2008 5:45am
Quoting Chidi Richie
Please, i want to know how i can improve on my technical analysis and which of the tools for technical analysis is the best for analysing the market. i'm a new trader in forex business but right now i'm trading on demo with $5,000 deposit.

secondly how do i time my self properly in forex with regards to fundamental analysis method.

Cr
what your asking is forex in a nutshell...takes a long time to find all of this out...as far as which indicators to use try them all out and see which ones work for you best...fundamentals requires a good knowledge about the global economy and some research as to which news impact the currency markets....i suggest you start with babypips.com

also you can read books by certain authors explaining in great detail all that you ask...cant recommend any since ive never read one hehe
Different opinions highly valued, ignorant to slander.
  • #31,102
  • Sep 17, 2008 5:50am Sep 17, 2008 5:50am
come on follow aussie and break that damn 142 support
  • #31,103
  • Sep 17, 2008 5:53am Sep 17, 2008 5:53am
This might be a day worth trading after all.

http://www.forbes.com/afxnewslimited...fx5435162.html
  • #31,104
  • Sep 17, 2008 5:53am Sep 17, 2008 5:53am
Quoting Jurrasic
I believe this slow slip down will last another hour or hour and a half until NY opens and then people might start dumping dollars like crazy. lol
What I still do not understand is logic behind this, I see quite often that just short before NY sessions Europe does some radical move, then as soon as NY comes, it spikes in opposite direction.

Why would someone deliberately try to break 4200 knowing that it will shot up like nuts in a short while?
  • #31,105
  • Sep 17, 2008 6:02am Sep 17, 2008 6:02am
wow 1hour chart makes a whole lot of sense....a pattern that keeps repeating itself...based on just that this candlestick should be a huge green
Different opinions highly valued, ignorant to slander.
  • #31,106
  • Sep 17, 2008 6:04am Sep 17, 2008 6:04am
Long or Short today?
Are you or are you OUT?
  • #31,107
  • Sep 17, 2008 6:06am Sep 17, 2008 6:06am
Quoting mikkom
This might be a day worth trading after all.

http://www.forbes.com/afxnewslimited...fx5435162.html

nice article, thanks. meroune, what do you think about it?
  • #31,108
  • Sep 17, 2008 6:08am Sep 17, 2008 6:08am
Quoting merouane
Long or Short today?
LONG EURO !
Attached Image
Money often costs too much...
  • #31,109
  • Sep 17, 2008 6:10am Sep 17, 2008 6:10am
Quoting forexef
nice article, thanks. meroune, what do you think about it?
They are not going through a fraction of turmoil here, still pumping money into banks is good, keep liquidity available, So I like the Euro,

Do I sound Smart, or stupid?
Are you or are you OUT?
  • #31,110
  • Sep 17, 2008 6:10am Sep 17, 2008 6:10am
just added one more long...tight stop loss



lmao indotrader thats the best thing ive ever seen regarding forex
Different opinions highly valued, ignorant to slander.
  • #31,111
  • Sep 17, 2008 6:12am Sep 17, 2008 6:12am
Quoting psiholog
wow 1hour chart makes a whole lot of sense....a pattern that keeps repeating itself...based on just that this candlestick should be a huge green
Cup and handle pattern??

I have been observing that for a few days on EU as well as on EJ and GY
  • #31,112
  • Sep 17, 2008 6:12am Sep 17, 2008 6:12am
Quoting merouane
They are not going through a fraction of turmoil here, still pumping money into banks is good, keep liquidity available, So I like the Euro,

Do I sound Smart, or stupid?
Let me rephrase,

They are not going through a fraction of the turmoil we are going through here,
Are you or are you OUT?
  • #31,113
  • Sep 17, 2008 6:13am Sep 17, 2008 6:13am
Quoting merouane
Let me rephrase,

They are not going through a fraction of the turmoil we are going through here,
By the way I completely assumed you were from the US and not the UK or some other country

Stupid
Are you or are you OUT?
  • #31,114
  • Sep 17, 2008 6:15am Sep 17, 2008 6:15am
Quoting aalam
Cup and handle pattern??

I have been observing that for a few days on EU as well as on EJ and GY
hmm i dont know as i am self taught that name rings no bells but if your reffering to the last 17 1h candlesticks then thats what im talking about hehe
Different opinions highly valued, ignorant to slander.
  • #31,115
  • Sep 17, 2008 6:15am Sep 17, 2008 6:15am
Quoting merouane
They are not going through a fraction of turmoil here, still pumping money into banks is good, keep liquidity available, So I like the Euro,

Do I sound Smart, or stupid?

Sound smart to me!
  • #31,116
  • Sep 17, 2008 6:16am Sep 17, 2008 6:16am
Quoting psiholog
just added one more long...tight stop loss



lmao indotrader thats the best thing ive ever seen regarding forex
LOL I was bored waiting for direction.. so a little googling

edited : bulls looking good
Money often costs too much...
  • #31,117
  • Sep 17, 2008 6:17am Sep 17, 2008 6:17am
Quoting psiholog
hmm i dont know as i am self taught that name rings no bells but if your reffering to the last 17 1h candlesticks then thats what im talking about hehe
I think we are looking at the same thing, however with two different methods.
  • #31,118
  • Sep 17, 2008 6:21am Sep 17, 2008 6:21am
i think the bulls are beggining to sneak out.it could mean we are going to heaven today.1.44's
  • #31,119
  • Sep 17, 2008 6:21am Sep 17, 2008 6:21am
Quoting david_akc
Not too bad for a newbie.
May I know your take profit after a bull run is base on lower TF for a reversal candle or because of R1? Then this retracement when it will last?
http://2.bp.blogspot.com/_sj5wN7PNZB.../17+sep+08.gif

You guys are GODS!!!
http://www.vagsg.com/forums/images/s.../thumbs-up.gif
Is that a joke? on the swing TF your chart says it all. We'll talk tomorrow david, but patience is the name of the game without it you just trade everything you see on the lower TF's
All the best things in life are free.
  • #31,120
  • Sep 17, 2008 6:24am Sep 17, 2008 6:24am
Quoting oolides
i think the bulls are beggining to sneak out.it could mean we are going to heaven today.1.44's

bros are you holding out?
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