Cable Update (GBPUSD)

this list is for the best ppl in our room

lion another 40pips to go the target will be hit

Now I am embrassed


Folks, please don't mind my sentence, now we have few good traders on this thread and I have vouched for some of them as well, but to me the list tops with wormie, simply because he posts all of his trades with SL defined and "most imp", tight SL not expanded one's (I often do that, 100 pip SL etc). This habit of his puts him in the league of very good day traders.

Thanks mate. This helps me in setting a right track for myself as well.



quote=marcus1rex;3530517]cool one ams[/quote]

agree bro use no sl befor below so many acc. now the most sl is 50 no more its easy to get it back

You can do that type of performance only on a DEMO account my friend...

Good luck while playing with your real money...

Otherwise you coud be just one of those marketers trying to draw newbees into the forex market to steal their money. You sound like one, no legitimate trader who made 1000% sound like you, why dont you tell the truth about 1000% or is it just bull shit....you know what, why dont list your trading account in here to prove yourself

You can do that type of performance only on a DEMO account my friend...

Good luck while playing with your real money...

Otherwise you coud be just one of those marketers trying to draw newbees into the forex market to steal their money. You sound like one, no legitimate trader who made 1000% sound like you, why dont you tell the truth about 1000% or is it just bull shit....you know what, why dont list your trading account in here to prove yourself

well i am not try or advice any body in this forum or other its forex and its toooo darn risky but with out a SL and good MM for sure u will loss u azzzz i will advice every body in here or any where not to deal with forex fine u someting elss to play with it . learn master then trade

So, you want to make money by selling it to me? or is the comission you are after ?

You are right, it is the riskiest tool ever created, and there is no trading concept to it...A trade is when there is a buy-own- sell....In forex, there is NO own, hence it is not a trade....The word trading is a bubble in forex...its highly leveraged and the set up of the forex market is to steal the money from the Newbees...so dont fool yourself by calling yourself Traders or Investors...My AZZZZ

There is one Add that says, if you are a skilled poker player, shift your strength into a valuable trading skill in Forex...Now, thats a real RED FLAG...now they want to draw all the gamblers into Forex, thats a sure way of making a lot of money by making them gamble in the forex shit

I would rather lose play poker or black jack than forex gambling...at least you hav a lot of blast in a casino

Greek economic woes unlikely to spread, says IMF head


http://newsimg.bbc.co.uk/media/image...08658812-1.jpg
Mr Strauss-Kahn says Greece is a unique case

Greece's financial crisis is unlikely to spread to other eurozone countries with high debt levels, the head of the International Monetary Fund has said.

IMF managing director Dominique Strauss-Kahn said "there's no reason" to expect that Spain and Portugal would also need to call for external support.

Mr Strauss-Kahn's comments came after the Greek prime minister met French president Nicolas Sarkozy.
Mr Sarkozy pledged French support for Greece, which helped lift the euro.
Although the French president stopped short of detailing what support

France will offer, he said it would stand "resolute" behind Greece.
German Chancellor Angela Merkel made similar comments on Friday.

The euro - which has fallen due to concerns about the impact of Greece's plight - was up 0.3% to $1.3669 in early Monday trading.

'No spillover'

Mr Strauss-Kahn told the Reuters news agency: "We have a problem with Greece. We don't have a problem with Spain to date.


http://newsimg.bbc.co.uk/shared/img/o.gif
French president Nicolas Sarkozy

"The eurozone has to deal with the Greek problem. They are doing this.
"No one knows what's going to happen tomorrow morning but there's no reason why the spillover to Portugal or to Spain will take place."
Mr Strauss-Kahn added that while the IMF would be prepared to help Greece, "so far I think that the Europeans will be able to deal with the problem".

'Concrete methods'

Greece is trying to reduce its public deficit this year from the current 12.7% - more than four times eurozone rules - to 8.7%.

The country's Prime Minster George Papandreou says he does not want direct financial aid from other countries, merely assistance to make it cheaper for Greece to borrow funds from the international markets.

At present concern about the state of the nation's finances make it more expensive it for it to borrow compared with most other European countries.
It has been widely speculated that France and Germany will assist Greece through their leading banks buying up Greek government bonds, but so far nothing has been confirmed.

Mr Sarkozy said "concrete, precise methods exist" to assist Greece, but declined to reveal them.

"They will allow us - when the time comes - to show that Greece isn't just supported politically but supported in all the aspects of its eventual requests," he added.

Mr Sarkozy also suggested that there may be moves to clamp down on financial speculators exacerbating Greece's problems.

"If Greece needs them [the measures], we'll be there. Speculators...must know that 'solidarity' means something."

European fund suggestion

Mr Papandreou - who is meeting President Obama on Tuesday - has also suggested that the 16 nations that make up the eurozone should consider establishing a European Monetary Fund that could support a member state in times of financial crisis.

Greece is cutting civil servants' pay, freezing pensions and raising some taxes, including sales, fuel, cigarettes and alcohol taxes.

Strikes and violent demonstrations have erupted since the measures were announced, with two more general strikes called for 15 and 16 March.

Greek tax collectors walked out on Monday.

>> http://news.bbc.co.uk/2/hi/business/8554899.stm

did you see my live trades before???
Ask members in this room

Struggling with 1.5112 it seems. Any reason for this particular number?

Ok..,Kill already throw his bear pic...,so it's time to bull action...,

(kidding Kill.. )

becarefull in the next support..,(this one not kidding..,run as fast as possible to protect your profit )

here you go mr jassim and plzz keep your advise for your self stop posting bull $$

one question way are you following fx if you think its all scam?

scan back on the posts on this thread or access my profile to see my live account.

New Normal Becomes Old Normal as Exports Propel U.S. Recovery
By Rich Miller


http://www.bloomberg.com/apps/data?p...d=in6pcSveW8Fo

March 8 (Bloomberg) -- The “new mix” is out to topple the “new normal” as the paradigm for America’s economic future.

The 5.9 percent annualized surge in fourth-quarter growth -- the fastest since 2003 -- was powered more by exports and business investment than the traditional drivers of consumption and housing. This new mix of demand will boost the economy by 3.7 percent in 2010 and pave the way for 3.5 percent annual average increases thereafter, said Joseph Carson, an economist at AllianceBernstein in New York, who coined the phrase.

His forecast contrasts with the 2 percent rate penciled in for later this year and the longer term by new-normal proponent Mohamed El-Erian, chief executive officer of Newport Beach, California-based Pacific Investment Management Co., who argues that growth will be depressed by consumer retrenchment and financial regulation.

“What’s going to change is how we generate growth, not how fast we can grow,” Carson said in an interview. “That’s how I come up with a new mix rather than a new normal.”

The outcome of the debate has ramifications for policy makers and investors. El-Erian and his colleagues at Pimco predict the Federal Reserve will keep its benchmark interest rate near zero through 2010, and they warn that stock prices may be too high, based on their outlook for the economy. The Standard & Poor’s 500 Index closed at 1,138.70 Friday, up 68 percent since March 9, 2009.

Higher Fed Funds Rate

Carson sees the central bank increasing the federal funds rate for overnight loans among banks to 2 percent by the end of the year. The S&P 500 will hit 1,325 by Dec. 31, as the new mix of demand propels the economy and corporate earnings higher, Joseph LaVorgna, chief U.S. economist for Deutsche Bank Securities in New York, said in an interview. He joined the bank in 1997 when he was hired by Carson, then head of U.S. economic research.

Some international companies, including Caterpillar Inc., United Parcel Service Inc. and Parker Hannifin Corp., are already benefitting from stronger overseas sales. Parker Hannifin, the world’s largest manufacturer of hydraulic equipment, raised its forecast Jan. 19 for earnings from continuing operations to between $2.40 and $2.80 a share for the year ending June 30, from $1.55 to $2.05.

“We’re coming off the bottom,” Donald E. Washkewicz, chairman and chief executive officer of the Cleveland-based company, told analysts. “Asia is extremely strong.”

Restrained Consumption

Advocates of both camps agree consumption will be restrained as households struggle with an unemployment rate that remained at 9.7 percent in February and a $12.6 trillion reduction in their net worth during the recession. They also agree that emerging markets, not the U.S., will lead the world economy in the recovery. Where they differ is on the extent that U.S. companies can tap into expansion overseas, boosting domestic growth in the process.

Emerging-market and developing economies will expand 6 percent as a group this year, compared with 2.1 percent for developed nations, according to a Jan. 26 report by the Washington-based International Monetary Fund.

“The U.S. is well positioned to take advantage of the strength in the emerging markets because the U.S. manufacturing sector has been generating big productivity gains and improving its competitive position,” Carson said. U.S. employee output per hour grew 3.8 percent last year, the largest gain since 2002, according to the Labor Department.

Rising Machinery Sales

Caterpillar, the world’s largest maker of bulldozers and excavators, said Feb. 23 that its dealers reported a 1 percent increase in Asia/Pacific machinery sales for the three months through January from the year-earlier period. The increase is the first since November 2008 and compares with a 40 percent drop in North America, according to data from the Peoria, Illinois, company.

The strength in manufacturing is leading to some hiring. Factory payrolls increased 1,000 last month after rising 20,000 in January, according to the Labor Department. Employers added workers for a second straight month, the first back-to-back gain since 2006.

Shipping companies are also benefitting from faster growth overseas. Atlanta-based UPS, the world’s biggest package- delivery company, saw the volume of its international business grow 11.8 percent in the fourth quarter from a year earlier, while domestic volume fell 1.9 percent.

President Barack Obama is perhaps the biggest proponent of the new-mix model, arguing the U.S. needs to shift the locus of its growth away from the bubble-driven consumption of the past toward exports and investment. He plans to increase government- backed export financing for small businesses by 50 percent, to $6 billion a year.

Alternative Energy

Obama, 48, is also using some of the original $787 billion stimulus program Congress passed last year to encourage investment, including more than $90 billion directed toward alternative energy. Some $524 billion of the package hadn’t been spent by the end of last year.

The lift to the economy from exports and government support is starting to help housing, the tripwire for the financial crisis. Home Depot Inc., the largest U.S. home-improvement retailer, raised its dividend on Feb. 23 for the first time since 2006 after reporting a fourth-quarter profit that topped analysts’ estimates.

“This gives us some cause for optimism in 2010,” Frank Blake, chairman and chief executive officer of the Atlanta-based company, told analysts.

XHB, an exchange-traded fund that tracks homebuilder, construction and home-improvement companies including Home Depot, has risen 9.7 percent this year, although it is down 64 percent from an April 5, 2006, high as the housing bubble began to burst.

UBS, Merrill Lynch

Carson has worked for a variety of financial-services firms since 1981, including Zurich-based UBS AG and New York-based Merrill Lynch & Co., which Bank of America Corp. bought in January 2009.

Prior to that, he served as a senior economist at Detroit automaker General Motors Co. and a staff economist at the Commerce Department, where he represented the department at the Council of Wage and Price Stability during Jimmy Carter’s presidency.

While working at Deutsche Bank in 1997, Carson developed a broad index that consists of consumer, producer, housing and equity prices after then-Fed Chairman Alan Greenspan questioned whether the stock market might be infected by “irrational exuberance.” The aim of the index was to give greater weight to asset prices in assessing the forces at work in the economy.

Sustainable Recovery

Carson, 57, also uses a proprietary liquidity index that focuses on credit and money to chart the future. Gains in this index led him to conclude last March that the economy was on course for a sustainable recovery later in the year, even as it contracted by 6.4 percent in the first quarter, the biggest decline in almost 30 years.

Exports accounted for 2.32 percentage points of the fourth quarter’s 5.9 percent advance in gross domestic product, according to the Commerce Department -- its biggest contribution in 13 years and almost twice the 1.23 point share for consumption. Housing contributed 0.13 percentage point.

Investment in software and equipment climbed at an 18.2 percent pace in the period, the most since 2000, and accounted for 1.09 percentage points of GDP growth, its largest in almost four years based on Commerce data. Such spending is a “critical indicator” of businesses’ “animal spirits,” Maury Harris, chief economist at UBS Securities in New York, said in a Feb. 19 report, predicting it will rise 5.7 percent in 2010 and 7.1 percent in 2011.

Temporary Boost

Advocates of the new-normal paradigm argue the economy was boosted in the fourth quarter by temporary factors such as fiscal stimulus and inventory rebuilding and say growth will ebb later this year as consumers, companies and banks conserve cash.

Investment did cool off in January, with bookings for capital goods excluding aircraft falling 4.1 percent after rising 3 percent in December, Commerce figures show.

“Recoveries following financial crisis are more moderate and disappointing compared to traditional economic recoveries,” Richard Clarida, global strategic adviser at Pimco, the world’s largest bond-fund manager, said in a

Feb. 23 Bloomberg Radio interview. “And I think that’s what’s in store.”

Carson said he doesn’t dispute many of the details of the new-normal paradigm, just its conclusion: that the U.S. economy will be saddled with 2 percent annual average growth for an extended period. The economy has grown on average by more than 3 percent a year since 1948, and Carson sees no reason why that can’t continue.

“The surprise will not be in the raw numbers for growth but rather in their composition, which will be transformed forever by companies and industries that probably don’t even exist now,” he said.

To contact the reporter on this story: Rich Miller in Washington [email protected]

Last Updated: March 7, 2010 17:01 EST

>> http://www.bloomberg.com/apps/news?p...d=aD4bfK4chwcU

mmmm seems you blown your account.

anyway this is my my live account on 24 feb 2010.
Guss?? how much it become now ???

http://www.forexfactory.com/showthre...19#post3493919

that was a low put in before most brokers were open for the week

Its a demo account