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- scyang replied May 8, 2008
I am living in Singapore right now so I don't have the luxury to take such courses. I have gone through babypips.com and learned a few things here and there. Very much in the try and learn stage. Will probably get burnt a lot of times before seeing ...
EURUSD
- scyang replied May 7, 2008
I use use the crossing of MA lines, candlestick patterns and news. As you notice that I am a newbie, I am just learning to see which combination of these indicators are most reliable. So far, my conclusion is none of them. The market changes ...
EURUSD
- scyang replied May 7, 2008
USDJPY is not going down any more. Actually it's come back up a bit.
USD/JPY Discussion
- scyang replied May 7, 2008
We are definitely not at 1.5212 yet - far from it. We are somewhere in between 1.5212 and 1.5445. So it's a critical to forecast if the pair is headed up or down, taking the upcoming ECB statement into consideration.
EURUSD
- scyang replied May 7, 2008
Any chance cable can rebound and you get out the red? They say the later MPC rate statement might send cable up, the typical sell the rumor, buy the news scenario. What other pairs do you see got bearish signals?
Malaysia
- scyang replied May 7, 2008
Just think if enough people follow you, you will decide the trend!

Malaysia
- scyang replied May 7, 2008
Are you long euro now? That was a scary drop. Think it's dropped enough and on its way of recovery?
EURUSD
- scyang replied May 7, 2008
Hi Sham, I thought you said you were going long on euro. Did you take profit at some point or got stopped out? Euro had a violent drop just now.
Malaysia
- scyang replied May 7, 2008
I don't know if this euro downtrend is the big dealers trying to clear the way before sending the pair up or it truly denotes another wave of downward madness.
Trade the Curve
- scyang replied May 7, 2008
Was busted many hours ago. Was just recovering back up 1.54 but got taken lower again. Now at the lowest point 1.5330 something. What do you guys think? Up or down from here? I know many people are long on the pair, and I wonder how they are faring.
EURUSD
- scyang replied May 7, 2008
Wow!! All the way from here? Don't think there will be retracement back above 1.55 or 1.56 first?
EURUSD
- scyang replied May 7, 2008
I don't see any bull sign in this pair. Does anybody see anything in the chart that might indicate a move upward?
EURUSD
- scyang replied May 7, 2008
Non-farm productivity is up while Unit Labor Cost is down. So they even each other out. The news is neutral so the currency pair is just going to go where it's set out to go before the news. More US news coming in a little over 1 hour.
Cable Update (GBPUSD)