Wazua
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Can we apply this vodoo to n.s.e and see when it'll bottom ?
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Rank: Hello Joined: 10/9/2011 Posts: 1 Location: Nairobi
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@Elder,QW25081985,hisah,fxtech,Ceinz Guyz help me out id like training in forex.kindly inbox me any details at aluru82(at)gmail(dot)com good work you guys are doing.
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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How about you give it a go with one of theses brokers who offers no deposit bonus ... You open an account with them they credit your a/c free of charge them you can start trading ASAP !!!!!!!!!! if you are serious about starting to trade . start with small lots AND REMEMBER NEVER RISK 3% OF YOUR ACCOUNT ON ANY SINGLE TRADE...
@ HISAH. now you can put your bear cap on coz euro is in a very nice downtrend channel on 4hr . hope u spotted it
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@Qw - I'm watching this Dexia drama for it will determine how greece will be handled... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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hisah wrote:@Qw - I'm watching this Dexia drama for it will determine how greece will be handled... yeah ! this is what i mean..a test and fail of that upper downward sloping trendline and eurodollar will be pointing to 1.3000 http://chart.ly/uploads/...e_d7efilq.png?1318167341
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@QW - My EURUSD target is 1.25. It will close that gap it left last year on Greece bailout... But I avoid trading this ugly sisters pair. Will look for a different euro cross short. With Dexia nationalized, let's see what we have this week as bank stocks get hammered again... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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QW25081985 wrote:[quote=hisah]@Qw - I'm watching this Dexia drama for it will determine how greece will be handled... yeah ! this is what i mean..a test and fail of that upper downward sloping trendline and eurodollar will be pointing to 1.3000 http://chart.ly/uploads/..._d7efilq.png?1318167341[/quote] Same channel on G/U, A/U. “small step for man”
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Rank: Member Joined: 4/17/2009 Posts: 194
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Seems like short covering on the EUR has led to a nice rally on the EUR/USD pair from the close on Friday carried forward to the London session this morning.
When do you guys expect this to unwind?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Iborian wrote:Seems like short covering on the EUR has led to a nice rally on the EUR/USD pair from the close on Friday carried forward to the London session this morning.
When do you guys expect this to unwind? Rally fumes on Merkel & Sarkozy promise of promises of more promise of a solid rescue plan...
Unless EURUSD breaks above 1.3750 level, it is still bearish. Fundamentally PIIGS debt drama is yet to be priced in as well.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Wow !!!!!!!!!!! what happened euro rallying +200 pips even before newyork session open ????? Oh boy . you just cannt make this stuff up.. lol
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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More on FXCM fines as CFTC sues 14 retail fx brokers... The money masters are fighting one another http://www.cftc.gov/Pres...PressReleases/pr6119-11
http://www.cftc.gov/Pres...Releases/pr5974-11.html
http://ir.fxcm.com/phoen...=1612849&highlight=
For those new to this fx world, learning the ropes were the land mines are is important. Stop hunting and slippages are illegal practices that most fx brokerage firms practice against their clients and somehow 'escape' without getting caught. But it seems the trend is now changing... This slippage & stop-hunting practice is similar to what Goldman sucks, eh, sachs, did by selling 'shitty' deals it clients - those infamous CDOs that crashed out in 2008. http://www.youtube.com/watch?v=skqU_a51TWk
http://www.youtube.com/watch?v=1_NtV6Rptd4
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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aluru82 wrote:@Elder,QW25081985,hisah,fxtech,Ceinz Guyz help me out id like training in forex.kindly inbox me any details at aluru82(at)gmail(dot)com good work you guys are doing. Drop Mail:ceinz1@gmail.com “small step for man”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Interesting to see EURUSD up almost 800pips in a week on hope... Perfect  I'm seeing AUD, NZD, ZAR and SGD are on recovery  From the week of Oct 23rd things will start moving... Stay tuned. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Interesting to see EURUSD up almost 800pips in a week on hope... Perfect  I'm seeing AUD, NZD, ZAR and SGD are on recovery  From the week of Oct 23rd things will start moving... Stay tuned. And there you have it about the Oct 23rd date. It will be a Sunday. That day track the TASE25 index...
http://t.co/iGoNxMRn
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@QW - euro bull where thou art... I'll start shorting the EURUSD cross tomorrow and anything euro. I've seen something interesting on the French bonds spreads. Some french fries downgrade is imminent and bond vigilantes can smell it. If the spread difference is correct, the EURUSD should fall at least by 1200pips from the current spot price. Those will be massive big figs of profits  I'm seeing some failed to launch scenario... http://www.youtube.com/watch?v=qz3TcxTblyg$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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just taken a long on eurodollar !!!! Tp at 1.3780 . But will short from there...
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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[quote=hisah]@QW - euro bull where thou art... I'll start shorting the EURUSD cross tomorrow and anything euro. I've seen something interesting on the French bonds spreads. Some french fries downgrade is imminent and bond vigilantes can smell it. If the spread difference is correct, the EURUSD should fall at least by 1200pips from the current spot price. Those will be massive big figs of profits  I'm seeing some failed to launch scenario... http://www.youtube.com/watch?v=qz3TcxTblyg[/quote] i have a feeling we are just correcting that HUGE 800 pip move ...i still believe this euro debt issue has been already been factored in and the trend is now up...
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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QW25081985 wrote:[quote=hisah]@QW - euro bull where thou art... I'll start shorting the EURUSD cross tomorrow and anything euro. I've seen something interesting on the French bonds spreads. Some french fries downgrade is imminent and bond vigilantes can smell it. If the spread difference is correct, the EURUSD should fall at least by 1200pips from the current spot price. Those will be massive big figs of profits  I'm seeing some failed to launch scenario... http://www.youtube.com/watch?v=qz3TcxTblyg[/quote] i have a feeling we are just correcting that HUGE 800 pip move ...i still believe this euro debt issue has been already been factored in and the trend is now up... Im also bullish, however euro problems are nowhere near the end just to quote a few eu leaders. A long as we remain above 1.315 on euro then am bull and this will also be a boost to risk appetite. “small step for man”
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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just entered e/u long for 50 pips . Lets Go!
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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@wazua, Why not start a fantasy for forex so some amateurs like myself try our hands on it since this is the ultimate investment site in the region... Thank you for your consideration. BBI will solve it :)
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Wazua
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Realities of Forex Investment
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