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kingfisher replied Mar 8, 2010May be 1.51 till 1.34 was a 61.8% retracement of last year 1.24 to 1.51 movement
If thats the case, then are we seeing E/U at 1.60 !!!!EURUSD
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kingfisher replied Mar 8, 2010Mate, baby trader is one of the best performing traders here at FF with 1000% returns achieved in real account. Yes, it is tough to earn money from forex. Hence your statement of earning money from tangible economy is quite right but keep working on ...
Cable Update (GBPUSD)
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kingfisher replied Mar 8, 2010I am long at 1.5140... bullish candle appering on 5 min and 15 min. Forex trading is a video game..play it like a video game

Cable Update (GBPUSD)
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kingfisher replied Mar 7, 2010Global trading going on in sydney. Time in Tokyo = 7 AM GLOBAL TRADING PRIVATE LIMITED.
Cable Update (GBPUSD)
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kingfisher replied Mar 7, 2010and what if gold and oil goes up and make new highs this month? Oil is poised to go up to 85 this month That alone should depreciate US dollar
EURUSD
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kingfisher replied Mar 6, 2010If oil and gold moves up, then eur/usd moves up. If eur/usd moves up, it will pull gbp/usd and aud/usd up. I dont see any thing bearish on aud/usd yet.
AUD/USD
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kingfisher replied Mar 6, 2010To buy 100 standard lots, you need $ 40,000 as a margin in your account (leverage 1:250 in FXCM) If you apply MM rules of risking 1% of account size on each trade, then your account size should be $ 400,000 so that you can pay $ 40,000 as a margin ...
Invest 10 billion dollar with 1:500 leverage, possible or not?
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kingfisher replied Mar 6, 2010CTIC, do you use volume spread analysis to trade forex?
Cable Update (GBPUSD)
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kingfisher replied Mar 6, 2010Superb analysis malcolmb14. You understand and analyse the professional market maker behaviour and thats a leading technical indicator. E/U 2009 low was aroun 1.24 and high was 1.51. As you rightly said, the move had stopped at 61.8% retracement at ...
EURUSD
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kingfisher replied Mar 5, 2010Long on E/U- looks a hammer for today on daily candle. Long on G/U- Rising from monthly support 1 (pivot) with bullish engulfing. Both trades are counter trend trades.
EURUSD
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kingfisher replied Mar 5, 2010Yup mate..indecision and strong fight between buyers and sellers- up, down, up down, up , down... Porn is a better business then zero sum forex business.
EURUSD
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kingfisher replied Mar 5, 2010Many accounts will be wiped off today. Play safe....tsunami is coming in 4 minutes
EURUSD
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kingfisher replied Mar 5, 2010I have shorted E/U at 1.3582 and G/U at 1.5043. I will keep them for next few weeks/months, so not worried about DD.
EURUSD
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kingfisher replied Mar 5, 20105-10 minutes before NFP, passing urine helps to soothe nerves

Cable Update (GBPUSD)
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kingfisher replied Mar 5, 2010So in this case due to less risk appetitie, USD will strengthen?? On dec 4, NFP data came out good...USD also strengthen?? Are we looking for USD strengthen irrespective of data???
EURUSD
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kingfisher replied Mar 5, 2010Volatility finances profits — Look at top 10 global currency traders like UBS, deustche, barclays, citibank, JP Morgan, bank of america etc. They are all making money. From where money comes? Inflating and deflating currency prices = ...
95% losers - Fact or Fiction?
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kingfisher replied Mar 5, 2010If EUR/USD go does to 1.27, then it will drag aud/usd down as well. If RBA pauses rate increase for a while, it will add fuel to fire. But last year rally was mind blowing- 0.60 to 0.93 = 3300 pips 3300 pips X 100 standard lots = 3.3 Million US ...
AUD/USD