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Realities of Forex Investment
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Passyson
#471 Posted : Wednesday, November 26, 2008 2:33:00 PM
Rank: Member

Joined: 8/8/2008
Posts: 97
Hey Tonicasert...been a little busy...am back in the fray now...

Hope you are good though.

GD.

Anyone who lives within their means suffers from a lack of imagination
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NGAATU
#472 Posted : Wednesday, November 26, 2008 3:44:00 PM
Rank: Member

Joined: 5/6/2008
Posts: 107
Welcome passyson ulikuwa umelost sana. Been looking at the comdolls and have been testing there impact,hata jana i had about 20 pips with the Kiwi/Dollar.

@tony.Sure bro,i think now it is looking for manageable pips of around 20- 50.
I woke up to look at the EUR but the signals(EMA,SMA) and the german data has not spiked the market that much. I am trying to go short with the cable looking for around 25 pips only with good lot,i suppose i will set my SL a little bit far,pending the GDP data from UK at around 12.30 kenyan time. Price:1.53806 TP 1.53781.

@NGAATU
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tonicasert
#473 Posted : Monday, December 01, 2008 6:20:00 PM
Rank: Member

Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
Hi guys,
Just read somewhere that GBPUSD closely follows the MSCI World Index. Anyone with these details. New case study for me.
Today went short cable and MSCI Index is also tumbling.

All the best
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The Merchant
#474 Posted : Wednesday, September 08, 2010 2:28:55 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
ANyone out there?
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teresap989
#475 Posted : Tuesday, September 28, 2010 12:33:10 PM
Rank: Hello

Joined: 9/28/2010
Posts: 1
Passyson wrote:
sorry guys...posted a EUR/USD short @ 1.27498 after the ZEW reading...can't see it...anyway am short and targeting a NY session profit of at least 60pips...laters...am out now

Anyone who lives within their means suffers from a lack of imagination

I also think so.



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fxtech
#476 Posted : Tuesday, September 28, 2010 2:06:14 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
wow where did mr.Alala n Ngaatu go we need u guys. after 2yrs wht's in store for us in the forex market. @merchant hwz forex for you so far?
Discipline & sticking to your strategy even when you loosing defines great traders.
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alikujia
#477 Posted : Tuesday, September 28, 2010 3:53:21 PM
Rank: Member

Joined: 5/27/2010
Posts: 324
Location: nrb
there is something seriously at stake/amiss when your bank is ready to give you a loan 400X, even though he also has, in fact a better, access to use the amount to do the business.
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The Merchant
#478 Posted : Tuesday, September 28, 2010 4:04:42 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
alikujia wrote:
there is something seriously at stake/amiss when your bank is ready to give you a loan 400X, even though he also has, in fact a better, access to use the amount to do the business.

Not really. They are in the business of lending. Trading is a small fraction of what they can do. if I had all that capital I would do the same and make a neat profit. No need to trade.smile
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The Merchant
#479 Posted : Tuesday, September 28, 2010 6:05:29 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
fxtech wrote:
wow where did mr.Alala n Ngaatu go we need u guys. after 2yrs wht's in store for us in the forex market. @merchant hwz forex for you so far?

Forex is okay. Did you practice enough?
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alikujia
#480 Posted : Wednesday, September 29, 2010 2:42:48 AM
Rank: Member

Joined: 5/27/2010
Posts: 324
Location: nrb
The Merchant wrote:
alikujia wrote:
there is something seriously at stake/amiss when your bank is ready to give you a loan 400X, even though he also has, in fact a better, access to use the amount to do the business.

Not really. They are in the business of lending. Trading is a small fraction of what they can do. if I had all that capital I would do the same and make a neat profit. No need to trade.smile

A quick one to you @merchant, how long have you been in fxtrading. sorry, it maybe contained somewhere in the long thread - but tell me please.
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