EURUSD

3640 on Dukascopy. Very nice job. I missed it on Friday

I just printed "Master the Markets" from the VSA-Thread and will definitely read it in depth.

So, if I understand you correctly, news are just short-term (very short) signals, because demand/supply don't really care for them anyways?

Hi Malcom,

"I was telling everyone in office to open fx account ..."

u have a job like us normal people?!?!

i thought you were filthy rich!



allways learning from u. thanks.

hapipipin

couldn't get online for last 45 minutes, good see euro again

nope,

http://fxtrade.oanda.com/campaigns/d...xtrade//spread

do you think it will reach R1 at 374x or fib 38.2 at 3750, before going down down...!!!

KUWAIT/DUBAI, Feb 7 (Reuters) - Kuwait's central bank cut on Sunday its key discount rate by 50 basis points to 2.5 percent to support growth in the Gulf country's non-oil sectors as inflation is seen staying low.
Policymakers across the world's largest oil exporting region slashed borrowing costs and embarked on a massive fiscal stimulus last year to help their economies cope with the global financial crisis.
Kuwait's central bank has cut its key rate by 200 basis points since October 2008, with the previous 50 basis-point reduction coming in May 2009.
"Central Bank Governor Sheikh Salem Abdul-Aziz al-Sabah said the cut ... is aimed at ... enhancing growth in non-oil sectors of the national economy by minimising the cost of credit," state news agency KUNA reported.
The governor said the bank was able to trim the rate as all indicators pointed to a continued reduction of inflation, whether imported or local, KUNA reported.
Sheikh Salem also said the dinar currency continued to be attractive and competitive, making it "a local savings pot" and that dinar deposits in local banks created a suitable climate for reducing the discount rate.
The central bank officials were not immediately available to confirm his comments.
Gulf Arab states are tied to the U.S.-led monetary policy through their currency pegs to the dollar. Kuwait dropped its dollar peg in favour of a basket in 2007 but analysts have estimated the greenback's weight at around 75 percent.

ECONOMIC RECOVERY
Analysts said the move could help Kuwait's economy recover from last year's downturn, while inflation was expected to stay well below record highs seen in 2008.
"The move is intended to boost growth and help private sector borrowing and overall investments whilst it has little less to worry about inflation as the dollar is strengthening and domestic price pressures are not building up," said John Sfakianakis, chief economist at Banque Saudi Fransi-Credit Agricole Group in Riyadh.
The economy of the world's fourth largest oil exporter is expected to expand 3.4 percent this year after an estimated contraction of 2.0 percent in 2009, a Reuters poll showed last month . Non-oil sectors account for around 46 percent of Kuwait's gross domestic product.
Consumer price growth slowed sharply across the Gulf last year from 2008 record peaks with some countries -- such as the United Arab Emirates and Qatar -- experiencing deflation.
Kuwait's annual inflation was seen staying at 4.3 percent this year , well down from 10.5 percent in 2008. The country has been slow in releasing inflation data for 2009 with April's 5.2 percent the latest figure available.

imagine that a exporter of commoditys cutting rates after the roos postponed their no raise. if it looks like chicken and taste like chicken. who would of thunk it!

put it this way,right now it is 3 pip,mb when it gets more active we gonna see 0.9,what leverage they give, at least 20:1?

up to 50:1

oanda seems to be a scam lots of complaints of shady things happening with them. Any REAL trading sites online? or how should i go about trading forex for real money? do i buy software? Any help greatly appreciated.
thanks,
ForexNewbie1

1.3676 OPEN (SUNDAY ROLLOVER OPEN PACIFIC SESSION)

1.3717 HIGHEST

1.3638 LOWEST

1.3640 LAST (23h42 CET)



1.3664 EX-KEY-EN
1.3626 EN-KEY-EN



INTERBANK (MID-PRICE) RATES RANGE UNTIL NOW

NO GAP THERE WAS ! ! !

FYI-IBFX just opened 6pm ESt 1.3654

Try FXOpen, Alpari UK or FX Solutions all been fine with me
randy

long 1.3650 on lva yesterday , stop 20 pip , lets see what happens

You have no idea what you're talking about...there are plenty of members here that use oanda with ZERO issues. I am one of them that PERSONALLY uses this broker.

If you are looking for a broker, maybe look on this site in the BROKER SECTION.

Another idea, click one of the "preferred brokers" right on the left side of the page that you're looking at now...

MBtrading is another good one, edit: i tried alpari also and they seemed to be fine.

DZ

got in at 49 sl at 27 will probably close at 1.37. need to sleep.

hapipipin

Checking your not so extensive 6 post history here makes me wonder how you know so much about their "scammy" practices and yet so little about how to evaluate legitimate trading sites that most of the rest of us deal with every day w/o significant problems...

State the source of your so called "complaints" or get lost... You're sounding a bit Trollish...

ADD: Of course, taking your first couple posts at face value, the alternative explanation is that you really have no business worrying about trading Live at this point anyway...

all in short against 1.37! let's see what happen

game time.. call me if something happens.

I have profitably used Oanda without ever having a problem - excellent execution. Their spread varies with the volume and volatility, meaning for example over the weekend you may see 10 pip spread for the EUR as there is minimum volume - same high spread during highly volatile times, such as high interest news releases - otherwise one of the lowest spreads, often .9 as stated above. Research their site, they are quite open about their spread at certain times.