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- scyang replied Aug 26, 2008
I see there might be strategy change here finally. No more long. Change to short. Let me know. Thanks.
Trading Aussie Jacko Style
- scyang replied Aug 26, 2008
Raz, What to do with AUDUSD? Just sitting out forever? No sign of this thing coming back up.
Trading Aussie Jacko Style
- scyang replied Aug 26, 2008
These analyses are fine and dandy, but do you have any of your OWN opinions and trades you have taken or plan to take?
EURUSD
- scyang replied Aug 26, 2008
Warren Forex, Your prediction of credit crisis deepening and DOW plunge all panned out yesterday, but dollar is still going strong despite these negative factors. When do you think your dollar bears are going to come out?
EURUSD
- scyang replied Aug 25, 2008
If you have been watching price actions for some time, you will have noticed that prices are not always going where "logically" they should go based on news or what not. Frequently it's because a particular piece of news has already been priced in, ...
EURUSD
- scyang replied Aug 25, 2008
Was a joke back to you. — Realize you were trying to lighten up the atmosphere in this otherwise intense place.
EURUSD
- scyang replied Aug 25, 2008
All of that is pretty simple and straightforward and I think most everybody is aware of that. The flip side of your scenario can also be true, i.e. somebody with a 10 million sell order for euro waiting for the US open. As it is filled, oil ...
EURUSD
- scyang replied Aug 25, 2008
UK controls the largest portion of the forex market so without it, the movements might be distorted.
EURUSD
- scyang replied Aug 23, 2008
The UK and US government are so much alike. Neither would say the "R" word. They will beat around the bush to avoid calling it like it is.
Cable Update (GBPUSD)
- scyang replied Aug 23, 2008
I doubled my demo account in less than 2 weeks so I decided forex trading was so easy and got on with the live account. But things were very different. I lost left and right as soon as I started. Not until recently did I start slowly winning back. ...
EURUSD
- scyang replied Aug 23, 2008
Not only do they change their positions, they also have conflicting opinions on the same page, depending on which analyst wrote which piece. For example, they have a piece that says USDCAD is set to go higher, and at the same time, another says that ...
EURUSD
- scyang replied Aug 22, 2008
From my personal experience, it's impossible to do. The reason is simple - people put so much emphasis on money. When it's real money involved, people feel very differently and that changes your whole outlook and behavior. You can pretend all you ...
EURUSD
- scyang replied Aug 22, 2008
I agree with Salah K that GDP is a very important piece of economic news as it helps directly with the rate decision. Retail sales yesterday was also important because retail sales is a large part of GDP in most countries. Although UK retail sales ...
Cable Update (GBPUSD)
- scyang replied Aug 22, 2008
There may not be such a thing as safe in forex trading.
Cable Update (GBPUSD)
- scyang replied Aug 22, 2008
Good that it's bouncing back. Hope it holds and moves up.
Cable Update (GBPUSD)
- scyang replied Aug 22, 2008
Hope those who loaded up long had stoploss. Cable dropped like a ton of lead on bad data.
Cable Update (GBPUSD)