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- scyang replied May 6, 2008
That makes sense. The broker with its millions of dollars really shouldn't care about little me with my couple of thousand.
EURUSD
- scyang replied May 6, 2008
Thanks for the advice. It's very tricky to put sl. I have done it many times before and what happens is that the price will get to my sl and take me out and go the direction I wanted it to go after all. Very frustrating indeed. Somebody said they ...
EURUSD
- scyang replied May 6, 2008
Good luck my friend. Hope euro gets there because I am long usdchf position and in a big hole right now. If euro goes down, that will help me.
But from all the professional forex analysis I have seen, everybody seems to think that euro is on its ...EURUSD
- scyang replied May 5, 2008
The pip potential looks so tempting. But the problem is 1.53 and 1.57 is a very wide range for forex trading. It's very hard for one to determine which way the trend, at least the short term trend, is going. Euro has already broke 1.5530 a little ...
EURUSD
- scyang replied May 5, 2008
I think when euro was coming down a few days ago, some people were saying that 1.5555 is a strong support level and should jump in to go long at that point because euro would stop dropping from there.
EURUSD
- scyang replied May 5, 2008
What they said a couple of days ago was the euro would be going to 1.53 flat and then go further down to test 1.50. I realize nobody could predict the future even though they might be very experienced in interpreting the charts and watching the ...
EURUSD
- scyang replied May 5, 2008
Well I am not sure if they are all that accurate. Just two or three days ago, the same video was projecting for the euro to go down to 1.53 and below. Now they changed the story.
EURUSD
- scyang replied May 5, 2008
How far is euro expected to go, anybody? It's not moving much now, but that's kinda typical this time of day.
EURUSD
- scyang replied May 5, 2008
Why are people feeling like they should go long right now? Are you sure that the bad news from the US is over? Bernanke just spoke and said something to the effect that the credit crisis is still weighing things down. Supposedly his speech sent the ...
USD/JPY Discussion
- scyang replied May 5, 2008
Anybody else agrees that euro will be going up in a strong way from here?
EURUSD
- scyang replied May 5, 2008
Could you please share why you are long on usdjpy? It, as well as usdchf which typically rise and fall together, has been going down. Oil prices going up and stock market tumbling usually drive usdjpy and usdchf downward.
USD/JPY Discussion
- scyang replied May 5, 2008
USDCAD — It's dropping like a rock. Confidence in this pair going up is wavering. What do you guys think? Is it being pulled down by the broad weakening of the dollar?
Gann Analysis
- scyang replied May 5, 2008
usdcad — usdcad has been dropping. Anyone got an opinion how far it will go or if it will turn around?
Gann Analysis
- scyang replied May 5, 2008
It's just hanging around not moving. Getting impatient. So inverted head and shoulder pattern doesn't necessarily result in upward move next? Japan is closed today. How much longer do you think it will to have a clear direction? Are you still ...
EURUSD
- scyang replied May 5, 2008
Sorry about asking again. As you noted that the good news from the US didn't help usd to go strong, isn't it safer to long on euro when it retraces to a low point? More potential of gain that way.
EURUSD
- scyang replied May 5, 2008
Why do you want to go short on it again if it doesn't have any strong movements in 10 minutes? Do you expect it to have another fall? How far would it go this time? Euro has been looking like it wants to go higher all day. Is it really safe to go ...
EURUSD