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  • #607,461
  • Mar 12, 2012 12:07am Mar 12, 2012 12:07am
Quoting megajester
You will find that the comment on 10% a month was a reponse to killerwhale saying that you cant make any money with low leverage, all i did was to respond to his post. Yes everyone is different have different goals and trade differently. All i posted was what i think was the most important 2 thing of my trading and then got slated for being trading for +10years. Not here to pick fights but if someone starts then i'll will fight my corner as i think most successful trades would. As Killerwhale posts are concerned on fundies im sure they are very...
Perfect example how words are read wrong and given a total wrong impression.
I actually have always promoted trading with "low leverage" and warned for the dangers of "too high leverage".
No where have I ever said that you can't make money with low leverage.

I only criticized your statement that leverage should be "as low as possible", where my statement was "leverage should be reasonable".

Better reading is a thing that is really unheard off by some people.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #607,462
  • Mar 12, 2012 12:13am Mar 12, 2012 12:13am
@killer stop tying to break the walls with your head
  • #607,463
  • Mar 12, 2012 12:20am Mar 12, 2012 12:20am
Good Morning People.... Still very early here. Was trading in my dream... Damn... Too bad. Woke up annoyed since I was winning plenty pips.. Well... Analysis. For this morning... So far, no real movement on any of these pairs ... Strongest pairs to trade against. Right now would be USD and JPY... But this is so frustrating bcos there is totally no movement... Seems it may just slide today. I need volatility to trade today... If there is none this morning I might as well leave my laptop @ home and head for business.. Have a lovely pip day friends and haters.
  • #607,464
  • Mar 12, 2012 12:26am Mar 12, 2012 12:26am
Quoting mohan76
problem is finance Mi(ni)stry of Japan, they playing soft game on Yen

edit
JAPANESE FINANCE MINISTER AZUMI SPEAKS IN PARLIAMENT
AZUMI SAYS JAPAN ALWAYS READY TO TAKE BOLD ACTION ON CURRENCY
AZUMI SAYS HE CAN'T SAY WHAT IS `CORRECT' YEN LEVEL FOR ECONOMY
AZUMI SAYS HE WON'T COMMENT ON CURRENCY LEVELS
AZUMI SAYS WELL AWARE SOME JAPAN COMPANIES HURT BY STRONG YEN
He is full of bs like his predecessor noda, the have continually tried to intervene, every time is fail, was nice short term skyrocket, but easy to trade fade, they have given up recently to wholesale manipulate, and have been passively intervening, again is fail.

This girl is good to short, but keep tight rein, with traiing stops.
This move compounded by gbp weakness.
If they try intervene, trailing will get clipped, with profits, wait and trade the fade,
Ideally currency at historical low like her and cable, are ideal long term longs, but for now, they very productive scalp / trades shorts
If you are new to Forex? Say Goodbye to your account!!
  • #607,465
  • Mar 12, 2012 12:28am Mar 12, 2012 12:28am
1. The charts are in for a continuation of the downwards movement.
2. The 4hours chart is showing some signs of weakness, so i have my eyes on this candle and the next for possible retracements
3. My primary objective for the day is 3009-2999 area.

my levels are
3051 3009 2999
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  • #607,466
  • Mar 12, 2012 12:33am Mar 12, 2012 12:33am
So finally the market is throwing signals my way on AUD and showing me sneak previews of a BUY on USDCHF which means sell on EUSD.... Here we go then... About to ride... GO! GO!
  • #607,467
  • Mar 12, 2012 12:39am Mar 12, 2012 12:39am
Quoting KiwiTrada
He is full of bs like his predecessor noda, the have continually tried to intervene, every time is fail, was nice short term skyrocket, but easy to trade fade, they have given up recently to wholesale manipulate, and have been passively intervening, again is fail.

This girl is good to short, but keep tight rein, with traiing stops.
This move compounded by gbp weakness.
If they try intervene, trailing will get clipped, with profits, wait and trade the fade,
Ideally currency at historical low like her and cable, are ideal long term longs, but for...
I need clarify, before I get growled cable is at very srong support I not suggesting short here. entry was as posted at this weeks open or higher, if prepared to hold over weekend, this is obvious long territory, but I have trailing and leaving, because will not require much more gbp weakness or usd strength to break this big support zone, if it goes it will be very violent violent I like and prepared to risk green pips to enjoy, it is critical zone, watching with much interest, would expect some major longs here, big battle big scrap
If you are new to Forex? Say Goodbye to your account!!
  • #607,468
  • Mar 12, 2012 12:39am Mar 12, 2012 12:39am
Bear Attack on AUD Today.. It should drag EUSD down with it hopefully.. Anyone know why AUD will be so weak for the next hours today? Can't. Seem to find anything???
  • #607,469
  • Mar 12, 2012 12:42am Mar 12, 2012 12:42am
Quoting pipnaija
Bear Attack on AUD Today.. It should drag EUSD down with it hopefully.. Anyone know why AUD will be so weak for the next hours today? Can't. Seem to find anything???
due to Chinese data i guess (but detail was good for auusy), also it was under selling pressure from last week
Mohan
  • #607,470
  • Mar 12, 2012 12:49am Mar 12, 2012 12:49am
Quoting mohan76
due to Chinese data i guess (but detail was good for auusy), also it was under selling pressure from last week
Thanks .... YOU THE BOSS!
  • #607,471
  • Edited 1:22am Mar 12, 2012 1:05am | Edited 1:22am
Quoting KiwiTrada
I need clarify, before I get growled cable is at very srong support I not suggesting short here. entry was as posted at this weeks open or higher, if prepared to hold over weekend, this is obvious long territory, but I have trailing and leaving, because will not require much more gbp weakness or usd strength to break this big support zone, if it goes it will be very violent violent I like and prepared to risk green pips to enjoy, it is critical zone, watching with much interest, would expect some major longs here, big battle big scrap
can euro bounce from here (i have Feb open @ 3075), cable @ Multi daily bottom , aussy near double bottom and frank around the corner

don't under estimate yen intervention , this time they doing very soft + Little ( technically + fundamental ).

edit : holding risk free gappy long - stop out
Mohan
  • #607,472
  • Mar 12, 2012 1:06am Mar 12, 2012 1:06am
Waiting to break the line
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  • #607,473
  • Mar 12, 2012 1:08am Mar 12, 2012 1:08am
1.3050 levels to be tested?

Let's see if its possible
The market will deceive you. Make your own judgement.
  • #607,474
  • Mar 12, 2012 1:12am Mar 12, 2012 1:12am
Same goes for the eu
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  • #607,475
  • Mar 12, 2012 1:13am Mar 12, 2012 1:13am
Quoting KiwiTrada
I need clarify, before I get growled cable is at very srong support I not suggesting short here. entry was as posted at this weeks open or higher, if prepared to hold over weekend, this is obvious long territory, but I have trailing and leaving, because will not require much more gbp weakness or usd strength to break this big support zone, if it goes it will be very violent violent I like and prepared to risk green pips to enjoy, it is critical zone, watching with much interest, would expect some major longs here, big battle big scrap
I feel (yes I know that is extremely reliable) that GU support could break just like that.

We'll see
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  • #607,476
  • Mar 12, 2012 1:15am Mar 12, 2012 1:15am
Personally I feel confident 1.2980 will hold, more likely somehwere in the 1.301 - 1.305 range. Expecting a fresh bull run this week. I've already started to load up some longs, will be adding plenty more in the aforementioned range.

Good luck guys, today has certainly been a slow day.. good day to catch up on other business. I'll kick back and watch some footy and come back later tonight when London opens for some action
  • #607,477
  • Mar 12, 2012 1:23am Mar 12, 2012 1:23am
Quoting KillerWhale
I feel (yes I know that is extremely reliable) that GU support could break just like that.

We'll see
Too bad I can't give you guys a decent chart. Only have Oanda available here.
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  • #607,478
  • Mar 12, 2012 1:28am Mar 12, 2012 1:28am
Quoting KillerWhale
Too bad I can't give you guys a decent chart. Only have Oanda available here.
43-53 is key
Attached Image (click to enlarge)
Click to Enlarge Name: ff gu 312.gif Size: 33 KB
  • #607,479
  • Mar 12, 2012 1:33am Mar 12, 2012 1:33am
what caused this sudden rise in eu....any positive news or just technicals?
you are the creator of your own destiny-Shivyog
  • #607,480
  • Mar 12, 2012 1:34am Mar 12, 2012 1:34am
Quoting onlyfortrade
I am getting this error, whereas I have done all the things here the messages saying
i will check here why it is coming pl provide me software link..
"We can't predict the future.But we can create it."
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