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  • #113,981
  • Jun 24, 2009 2:50am Jun 24, 2009 2:50am
Quoting realjumper
Good evening all,

I'm out at the moment, but keeping an eye on proceedings. I'd like to short but I'm not sure that R1 @ 4181 +- isn't on the cards here
Not saying that it won't---but there is a HUGE 50% fib at approx. 1.4155. We have been hanging out betwwen the 50% and 38.2% fibs for several weeks. I will be surprised if we have a daily close above it.
  • #113,982
  • Jun 24, 2009 2:50am Jun 24, 2009 2:50am
i'm slightly overweight
  • #113,983
  • Jun 24, 2009 2:53am Jun 24, 2009 2:53am
i'm waiting...
  • #113,984
  • Jun 24, 2009 2:56am Jun 24, 2009 2:56am
Quoting FX-Petra
Not saying that it won't---but there is a HUGE 50% fib at approx. 1.4155. We have been hanging out betwwen the 50% and 38.2% fibs for several weeks. I will be surprised if we have a daily close above it.
Yep, good point. This is interesting
Doing what you like is Freedom. Liking what you do is Happiness.
  • #113,985
  • Jun 24, 2009 2:56am Jun 24, 2009 2:56am
I'm tired, hungry and horny.

And this is just a statement of fact, not a request for help.
Not all sins are created equal
  • #113,986
  • Jun 24, 2009 2:57am Jun 24, 2009 2:57am
I'm poor.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #113,987
  • Jun 24, 2009 2:57am Jun 24, 2009 2:57am
guys...i am looking to open a live account, which is the best option...till date i have tried forex.com's practie account which looks good, but i am not sure if i should open a live account with them...
also heard that some softwares provide automated trading...
help appriciated...thanks a lot
  • #113,988
  • Jun 24, 2009 3:01am Jun 24, 2009 3:01am
Quoting Jay Walker
I'm tired, hungry and horny.

And this is just a statement of fact, not a request for help.
Money will cure all of the above
Doing what you like is Freedom. Liking what you do is Happiness.
  • #113,989
  • Jun 24, 2009 3:02am Jun 24, 2009 3:02am
Quoting realjumper
Money will cure all of the above
Marriage wrecks it
Not all sins are created equal
  • #113,990
  • Jun 24, 2009 3:03am Jun 24, 2009 3:03am
Quoting prav
guys...i am looking to open a live account
It's not too late to take that money and invest it in something useful, something you can work with for money - like a pressure washer, or a monkey. You'll probably make more money that way - in the long run.

Good Luck!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #113,991
  • Jun 24, 2009 3:03am Jun 24, 2009 3:03am
Quoting prav
guys...i am looking to open a live account, which is the best option...till date i have tried forex.com's practie account which looks good, but i am not sure if i should open a live account with them...
also heard that some softwares provide automated trading...
help appriciated...thanks a lot
Look, i don't think it's time to open an account yet if you don't even know what metatrader and a EA is... my personal opinion. But if you do open an account, have one with minilots.
  • #113,992
  • Jun 24, 2009 3:06am Jun 24, 2009 3:06am
Quoting Jay Walker
Marriage wrecks it
uh huh...a trap that I have managed to avoid so far!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #113,993
  • Jun 24, 2009 3:06am Jun 24, 2009 3:06am
Quoting TheFisherman
Look, i don't think it's time to open an account yet if you don't even know what metatrader and a EA is... my personal opinion. But if you do open an account, have one with minilots.
do you mean MT4?
  • #113,994
  • Jun 24, 2009 3:08am Jun 24, 2009 3:08am
Quoting prav
guys...i am looking to open a live account, which is the best option...till date i have tried forex.com's practie account which looks good, but i am not sure if i should open a live account with them...
also heard that some softwares provide automated trading...
help appriciated...thanks a lot
First take the course @ www.babypips.com

Then go to http://www.forexfactory.com/forumdisplay.php?f=74

(I heard MANY horror stories about forex.com)
  • #113,995
  • Jun 24, 2009 3:09am Jun 24, 2009 3:09am
Waiting... Will open short positions if drop to 1.4080.
  • #113,996
  • Jun 24, 2009 3:09am Jun 24, 2009 3:09am
Quoting prav
guys...i am looking to open a live account, which is the best option...till date i have tried forex.com's practie account which looks good, but i am not sure if i should open a live account with them...
also heard that some softwares provide automated trading...
help appriciated...thanks a lot
Take care with automated trading coz that's the right way to lose your pants ...
"I will walk before they make me run" K.Richards
  • #113,997
  • Jun 24, 2009 3:13am Jun 24, 2009 3:13am
Euroland came in with -5.9 billion in their current account. Things are not as rosey as JC and the boys would have us believe.
  • #113,998
  • Jun 24, 2009 3:18am Jun 24, 2009 3:18am
Quoting prav
do you mean MT4?
Yes Metatrader is currently on version four hence the acronym MT4. The simple fact that you don't know this tells me you have a lot deal more to learn about the market and the only thing I see that you would want a live account is to experience yourself when losing money. The first account you are gonna lose. Take my work for it. I know I did when I started, but I was fully aware of the facts that I will lose those money so I had the minimum. And probably most of the people here blew out their first account.

I can still remember that guy that managed to blow his first account in hours.
Carecour or something. $2000 - a lot of money. So, open a $100 - $200 with minilots (1000K) first.
  • #113,999
  • Jun 24, 2009 3:19am Jun 24, 2009 3:19am
Quoting Beacon
Waiting... Will open short positions if drop to 1.4080.
same conclusion
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #114,000
  • Jun 24, 2009 3:21am Jun 24, 2009 3:21am
Quoting FX-Petra
Euroland came in with -5.9 billion in their current account. Things are not as rosey as JC and the boys would have us believe.
Hence why this move has all the signs of a huge pump and dump.

Only question is the pump done yet?

If so then lets get on with the dump.
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