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forexlion replied Aug 22, 2008everything fails whem it comes to the BIG BOSS of weekly chart trends. we try catching every pip on a 5 min chart, whereas practically we earn more consistently only on week;ly charts. when GJ said 192.52 on weekly, it means business. i am just ...
Trading in India
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forexlion replied Aug 21, 2008we are all fools who are legally trading since 3+ years and paying taxes.
Trading in India
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forexlion replied Aug 21, 2008I am testing a new indicator based on a concept on GJ 5 min charts. Its pretty simple, red line is where the SL should be and green line is where the TP should be. It will work correctly only on a 5 min chart.
Trading in India
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forexlion replied Aug 20, 2008GBPUSD is currently located on a strategic support level of 1.8620 On daily, i will be looking forward to seeing it retest 1.9100 based on some news event, sometime next week. On GJ I will be expecting a range of 203 to 206, during this move. UJ ...
Trading in India
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forexlion replied Aug 20, 2008From 2001 onwards we saw a gradual rate increase by FED, which inturn led to slow dollar weakness. This in turn resulted in weakening of the housing sector in us. and snoballed into the failure of sub-prime bets by banks. The sudden reduction of ...
Trading in India
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forexlion replied Aug 19, 2008Alright folks, here is a task and a challenge to fellow Indians on who gets the correct answer first. I will add my comments last. Question: Why did USD get so strong across the board, what events led to this strength? I need the exact economic ...
Trading in India
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forexlion replied Aug 19, 2008It is xpma.mq4 from forex-tsd Settings: MA_PERIOD: 13 MA_TYPE 6 So this emulates the T3 Triple Exponential Moving Average
Trading in India
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forexlion replied Aug 18, 2008Oanda accepts paypal, and you can use cc through paypal, so that resolves any money transfer issues. Interbankfx uses cc, so again no money transfer problem. I personally use marketiva and interbankfs. Marketiva because I never had to deposit ...
Trading in India
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forexlion replied Aug 17, 2008Foreign exchange earned in any form is fully taxable, there is no percentage.
Trading in India
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forexlion replied Aug 17, 2008now for the fun part of it, come down to weekly and see what we have here. we have a trend down to 192 area with 206.33 holding as resistance, thats over +1000 pips to go. The trades on weekly may take one or two weeks to complete, sometimes more, ...
Trading in India
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forexlion replied Aug 17, 2008Trading GJ or GBPJPY. My trading style is longterm, on weekly charts, since I consider smaller time frames as just waste of time and mental peace. First draw Fibonacci retracement from top 251.07 to bottom 192.52 as shown in the chart below.
Trading in India
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forexlion replied Aug 15, 2008EU follows the exact trade pattern as discussed in this post earlier. url We head down to 4356 support now. I will discuss GU if requested. ***edited because the the font was too big.
EUR/USD Trading Room