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  • #529,301
  • Aug 22, 2011 5:10pm Aug 22, 2011 5:10pm
Quoting mfoste1
got gold?
Could be a sell.... Then again WOW!
  • #529,302
  • Aug 22, 2011 5:11pm Aug 22, 2011 5:11pm
There's hidden bullish divergence so far on the hourly. It could negate it by going to the daily S1 pivot at 4325, or it could go up from here to the daily R1 pivot at ~4413.

Might be some odd action around 4380 though, since the daily and weekly pivots are there.

I'm long here, and will be longer if it gets to 4325.
  • #529,303
  • Aug 22, 2011 5:35pm Aug 22, 2011 5:35pm
Morningggg guys...
I am newbie in forex n wish to learn from the experts here...
  • #529,304
  • Aug 22, 2011 5:55pm Aug 22, 2011 5:55pm
Quoting Casper88
Morningggg guys...
I am newbie in forex n wish to learn from the experts here...
good morning and welcome ,

i hope you have finished baby pips if not
http://www.babypips.com/school/
Mohan
  • #529,305
  • Aug 22, 2011 5:57pm Aug 22, 2011 5:57pm
attempting short from 4375 SL 4407 TP<4260
Attached Image (click to enlarge)
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  • #529,306
  • Aug 22, 2011 5:59pm Aug 22, 2011 5:59pm
Quoting mfoste1
attempting short from 4375 SL 4407 TP<4260
as per my broker : rumors circulating that the China flash PMI data would be 44.6 if it true you can get extra mileage. my trading style long at Asian session.
Mohan
  • #529,307
  • Aug 22, 2011 6:02pm Aug 22, 2011 6:02pm
Quoting mohan76
as per my broker : rumors circulating that the China flash PMI data would be 44.6 if it true you can get extra mileage. my trading style long at Asian session.

yea im just going by my techs and options related. Barriers expired today on bearish interest rate sentiment, so I have to assume that new lower barriers are being played.
  • #529,308
  • Aug 22, 2011 6:09pm Aug 22, 2011 6:09pm
Quote
http://www.forexfactory.com/nfs/cust...ar167248_1.gif mohan76 http://www.forexfactory.com/images/s...ser_online.gif
Mohan
i hope you have finished baby pips if not http://www.babypips.com/school

Yeah... finishing babypips.
What's the next step?
  • #529,309
  • Aug 22, 2011 6:10pm Aug 22, 2011 6:10pm
good morning everyone!

second time in the week it has hit 435x.. i think it'll be a tough nut to crack. probably ride north first before coming back to this region again. meanwhile, a db forming on H1.

cheers and good luck! =)
  • #529,310
  • Aug 22, 2011 6:12pm Aug 22, 2011 6:12pm
Quoting flossbun
good morning everyone!

second time in the week it has hit 435x.. i think it'll be a tough nut to crack. probably ride north first before coming back to this region again. meanwhile, a db forming on H1.

cheers and good luck! =)
may be at end of Asian session
Mohan
  • #529,311
  • Aug 22, 2011 6:15pm Aug 22, 2011 6:15pm
Quoting mohan76
may be at end of Asian session
morning mohan.. end of asian session as in it'll be in north or back in south? haha.. i assume that's back in south.
  • #529,312
  • Aug 22, 2011 6:16pm Aug 22, 2011 6:16pm
Quoting flossbun
morning mohan.. end of asian session as in it'll be in north or back in south? haha.. i assume that's back in south.
good morning , as long as SNB leave as alone we can go south
Mohan
  • #529,313
  • Aug 22, 2011 7:16pm Aug 22, 2011 7:16pm
use what you learnt on a demo account
Quoting Casper88
Yeah... finishing babypips.
What's the next step?
  • #529,314
  • Aug 22, 2011 7:26pm Aug 22, 2011 7:26pm
Quoting Casper88
Yeah... finishing babypips.
What's the next step?
try to play 0.01 lot if it is possible, or play with the smallest lots that your broker allow you to open for your trade.
  • #529,315
  • Aug 22, 2011 7:46pm Aug 22, 2011 7:46pm
Quoting hindustani
<b>with QE3 coming this year, stop dreaming</b>
Quoting psiholog
there will be no QE3. The US hit the debt ceiling. For the US to give any more money to a plan that did not work the first or second time would raise the eyebrows of even the most clueless of people. Revolts would be at hand.....any analyst knows QE3 is not possible.
bernanke will talk about QE3 in his next speech :

source: wall street journal
  • #529,316
  • Aug 22, 2011 7:48pm Aug 22, 2011 7:48pm
LOL Surprise, Surprise!!!!

Everyone saw this coming.
  • #529,317
  • Aug 22, 2011 7:51pm Aug 22, 2011 7:51pm
gold is all set to reach $2000/oz this week ..........
  • #529,318
  • Aug 22, 2011 7:51pm Aug 22, 2011 7:51pm
Quoting mfoste1
yea im just going by my techs and options related. Barriers expired today on bearish interest rate sentiment, so I have to assume that new lower barriers are being played.

I agree, in squeeze at the moment, my bias is short, playing tight, will be alot clearer by London
If you are new to Forex? Say Goodbye to your account!!
  • #529,319
  • Aug 22, 2011 7:59pm Aug 22, 2011 7:59pm
Quoting Casper88
Yeah... finishing babypips.
What's the next step?
as Yuchen said start with affordable trading size i wish you success in this business
Mohan
  • #529,320
  • Aug 22, 2011 8:04pm Aug 22, 2011 8:04pm
ok
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