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  • #625,961
  • Apr 15, 2012 11:34pm Apr 15, 2012 11:34pm
Quoting Lattepips
Do you have evidence to support that it'll hit 1.27 i'll really like to know.
Please do not over-react to the Spain News. ECB will eventually bail spain out. The US will not seat there and let europe crash, if europe does eventually crash it'll go recession mode.
http://www.fxstreet.com/rates-charts/live-charts/

look at green line at the chart on weekly period
  • #625,962
  • Apr 15, 2012 11:35pm Apr 15, 2012 11:35pm
Quoting Lattepips
Do you have evidence to support that it'll hit 1.27 i'll really like to know.
Please do not over-react to the Spain News. ECB will eventually bail spain out. The US will not seat there and let europe crash, if europe does eventually crash the whole world would eventually go into recession which is what the US doesn't want.
Have you taken look at the € index ? (this is an outdated shot)
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  • #625,963
  • Apr 15, 2012 11:40pm Apr 15, 2012 11:40pm
Quoting MyPips
I'll check on Oanda what is ib? ty Sidhujag
If you a your own boss and a successful businessman, I would advise you to drop your money with IRC and claim a tax relief of 3X your deposit for the time being.
In this case you will be making a killing of 2 birds with 1 throw by being both charitable and using the tax relief to invest in some useful forex educations.
You are strongly advised not to believe in ANYBODY here in FF(well mabbe Mohan is ok for some useful infos)including this goodself.

I strongly believe if you are like Mohan and other good souls, someday someone will just drop you a line for you to trade successfully.

Good luck and you will not hear from me again.

Ask 5 economists/analyst and you will get 5 different answers AND 6 more new questions. Thats why they are never out of job............


GS
  • #625,964
  • Apr 15, 2012 11:40pm Apr 15, 2012 11:40pm
Quoting Lattepips
Indeed the 1.3000 is indeed strong, what are the chances that it it will go below 1.30? Does it require a huge amount of volume?
To me, there is just too much political influence right now for it to fall below 1.30. It might fall slightly below it for stop hunting, though.
Time turns trend. - W.D. Gann
  • #625,965
  • Apr 15, 2012 11:44pm Apr 15, 2012 11:44pm
gold looks heavy
  • #625,966
  • Apr 15, 2012 11:47pm Apr 15, 2012 11:47pm
Quoting sidhujag
gold looks heavy

Sunday, April 15, 2012 9:35:09 PM (UK) Ernst & Young Item Club forecasts dismal economic growth for remainder of the year (update) - Guardian- It forecastsed 2012 GDP at 0.4% (vs the 0.8% estimated by the OBR) - The economy narrowly avoided a double-dip recession, however, it will struggle for the remainder of 2012 unless businesses stop hoarding cash and start investing. - It also forecasted 2013 GDP at 1.5%, 2014 at 2.6%.

Have Market Intel? TradeTheNews.com Tip Line -> Click Here

  • #625,967
  • Apr 15, 2012 11:48pm Apr 15, 2012 11:48pm
Todays economists were called witches in the good old days and we would have lots of fun dunking them in ponds and then setting fire to them.

Now they have formed large coverns (called ratings agencies) and sell evil AAA rated junk bonds (modern day curses) and cast a pox (downgrades) on those they think ill of.
  • #625,968
  • Apr 15, 2012 11:49pm Apr 15, 2012 11:49pm
Quoting sidhujag
gold looks heavy
I think FED is planning brent petrol 110usd
it means 1.27 or 1.25... eur-usd

No QE3 than all should go down after the deep can go up

I am dreaming
  • #625,969
  • Apr 15, 2012 11:49pm Apr 15, 2012 11:49pm
Quoting MyPips
what would u recommend Mohan?
find a broker with regulated USA , UK or Australia they should be fine ,
Mohan
  • #625,970
  • Apr 15, 2012 11:56pm Apr 15, 2012 11:56pm
Quoting sidhujag
gold looks heavy
1596?? target
  • #625,971
  • Apr 15, 2012 11:57pm Apr 15, 2012 11:57pm
Quoting sidhujag
gold looks heavy
Heavier than yesterday? I doubt it.
It's 1206 pounds per cubic foot. As it was yesterday and will be tomorrow
New voice message: Why are you calling me? If I need you, I'll call you!
  • #625,972
  • Apr 15, 2012 11:59pm Apr 15, 2012 11:59pm
Don't know how I got the guts but I just bought more EU @ 1.3014
And I was already loaded
New voice message: Why are you calling me? If I need you, I'll call you!
  • #625,973
  • Apr 16, 2012 12:01am Apr 16, 2012 12:01am
Week resistance is 1.3100,1.3124,1.3134 We should short there to find price at 1.2970,1.2950 and even 1.2700. Presently it is in the bullish mode.
  • #625,974
  • Apr 16, 2012 12:04am Apr 16, 2012 12:04am
Quoting KiwiTrada
Breach ltl and hold bears in control, up same 5845 - 5849 bull in control, rr is long, risky quick harvest short, target 200 pip

Typical wait wait wait cable and geppy is plop
If you are new to Forex? Say Goodbye to your account!!
  • #625,975
  • Apr 16, 2012 12:05am Apr 16, 2012 12:05am
Quoting sidhujag
oanda or ib
Thats is quiet a bit to start with $30,000.What is the hurry,why not start with a $1000US micro account that you can hedge.Ask any off the 98% people in here that lose everyday if they could have all there money.Look start very small and place the smallest trades,EUR/US moves the most an will gives lots of action.The main goal would be not to blow your $1000US,you need to try an last the distance.Just make $10 or $20 a day everyday.
You need to try them before you feel good about your decision
A lot of trading platforms have glitchs,closing out the wrong trades,margin calls pip spreads changes.
A while back i had $300 an got up to $8700 then blew the lot in a day,it can happen ouch.
Try an fix money problems with any brokers,you have to prove that they made the mistake,very difficult to get them to give any money back.
I have account FXCM UK Apari UK CMC markets,Go Markets,
Good Luck
  • #625,976
  • Apr 16, 2012 12:05am Apr 16, 2012 12:05am
Quoting MyPips
need good advice guy, gonna start my $30,000, which broker should I deal with? I'm in Indonesia btw. ty in advance
http://www.forexpeacearmy.com/public...broker_reviews

This may help.
  • #625,977
  • Apr 16, 2012 12:06am Apr 16, 2012 12:06am
Quoting HDA
@Xandi:

I clearly stated that as of April 6, 2012 - Good Friday - I will no longer be posting my trades in the forum.

it is unfortunate that...
  • #625,978
  • Apr 16, 2012 12:06am Apr 16, 2012 12:06am
Thats ok. The confluence power zone is 1.3003 - 1.3010 where S1 and fib clusters overlap.

Quoting KillerWhale
Don't know how I got the guts but I just bought more EU @ 1.3014
And I was already loaded
  • #625,979
  • Apr 16, 2012 12:09am Apr 16, 2012 12:09am
Quoting KiwiTrada
Typical wait wait wait
Yes, agree ...............wait wait wait
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  • #625,980
  • Apr 16, 2012 12:10am Apr 16, 2012 12:10am
Quoting thevadd
Thats ok. The confluence power zone is 1.3003 - 1.3010 where S1 and fib clusters overlap.
I know but I was already at the limits I have set myself for leverage which is 1:10
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