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Realities of Forex Investment
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qw25041985
#591 Posted : Friday, January 07, 2011 1:29:38 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
WHO DARES TO TRADE A FEW Hours before NFP. Thats a sure way to ruin your a/c . @ fxtech . u must be a newbie or u just like to mislead people coz i am lookin at the market when you made your post and frankly you must be trading a diff. fx market. where are you getting all these opportunities ??????????????? can you show me w/ charts ???? wacha uwongo. The market is in a stand still and you fins all the above opportunities .....Lets be real.
Your future depends on your dreams so go to sleep !
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fxtech
#592 Posted : Friday, January 07, 2011 1:32:57 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
I almost forgot 2dy Fri 7TH UPDATE

SHORT GBPCHF@1.4870 TP 1.4810 SL 1.4950

SHORT EURCHF@1.2497 TP 1.2425 SL 1.2550
Discipline & sticking to your strategy even when you loosing defines great traders.
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hisah
#593 Posted : Friday, January 07, 2011 4:36:29 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
As usual the Dec thin trading volumes which cause wild volatile moves managed to stop me out on the USDCHF & USDJPY - $217 loss in total. No trades yet for now as I assess 2011 especially the commodity currencies.

For today I'm watching EURUSD - 1.2900-50 had better hold post NFP. Otherwise, it will be as bearish as it can get. I'm still euro bearish and $ bullish.

I'm also watching Dow approaching 12000. It's overbought on the daily and weekly time frames. Same applies to S&P500 and NASDAQ.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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fxtech
#594 Posted : Monday, January 10, 2011 7:27:57 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@qw25041985 I'm sori, it seems u are a very pessimist person and who always want to trample on others. If you were unable to follow my post below u must be blind: here is the post again.

@ qw25041985 here are the figures, on 4HR CHART

EURUSD btwn 14th Dec 1600hr to 23rd Dec 2000HR 2010 BEARISH move of 360 pips

EURUSD btwn 27th Dec 2010 0800hr to 4th Jan 2011 1200hr BULLISH move 310pips


EURUSD 4TH Jan 1600hr to saa hii 6th Jan 1251hr BEARISH move 259 pips,

If contrary please without attack ADVICE! N let a neutral party also vindicate whether the above is true.

I wnt to also invite you to the community n help us build winning n global fx traders from KENYA instead of pulling each other down. THANK U
Discipline & sticking to your strategy even when you loosing defines great traders.
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The Merchant
#595 Posted : Monday, January 10, 2011 9:34:58 AM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
@fxtech....Looks like yoyur trading has really picked up. I think we spoke earlier on email but never quite got round to anything. Please drop me an email on themerchant7448@gmail.com . Maybe we could work out something. I would love for all of us to actually meet including Hisah. I will also satrt posting my trades here to keep up with the good spirit.
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fxtech
#596 Posted : Monday, January 10, 2011 11:01:07 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@merchant sure I will,Yah my trading has now picked up. I like your spirit n idea of us meeting, maybe we might come up with a mega-trading room right here in KENYA.
Discipline & sticking to your strategy even when you loosing defines great traders.
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fxtech
#597 Posted : Tuesday, January 11, 2011 8:44:39 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
Im
SHORT NZDUSD@0.7584 TP 0.7524 SL 0.7645

GBPUSD I'm waiting for a clear signal Around 0.5530/0.5490 to go SHORT aiming 0.5000

USDJPY I will be LONG very soon
Discipline & sticking to your strategy even when you loosing defines great traders.
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  | | Edit by user: Tuesday, January 11, 2011 9:10 AM | Reason: Not specified
The Merchant
#598 Posted : Tuesday, January 11, 2011 9:49:33 AM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Before I begin to post I would like to make it clear that most of my trades will be based on technical reasons. My time frame is the daily chart. I will mostly use Ichimoku Clouds,MACD, Fibonacci and bollinger bands. During range trading I will use pivot points to determine the support and resistance points while confirming my fibonacci lines. I will also employ the use of chart pattern analysis to confirm my moves. This is my system and I am following @Fxtech policy on transparency. I will post my trades shortly as I am currently not in any trade. Thank you.
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fxtech
#599 Posted : Tuesday, January 11, 2011 12:39:18 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@merchant thnx for reciprocating, I'm sure you will be an asset to this community, looking forward to working with you. CHEERS!!

I have just entered

GBPUSD SHORT @1.5534 TP 1.5440 SL 1.5596

USDJPY LONG @83.09 TP 83.69 SL 82.67


Also very nice opportunities to go SHORT AUDUSD AUDCAD bt I only stick to 3 trades at a time.
Discipline & sticking to your strategy even when you loosing defines great traders.
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  | | Edit by user: Tuesday, January 11, 2011 12:41 PM | Reason: Not specified
fxtech
#600 Posted : Wednesday, January 12, 2011 7:03:37 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
USDCAD SHORT@0.9881 TP 0.9801 SL 0.9935
Discipline & sticking to your strategy even when you loosing defines great traders.
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