Search results

Atawil, here is my response to your second post. In the following week, I believe that we are in a Small Wave C. We might see 1.2969-70, which is 50% retracement of this move down. There is also a possibility of 1.3005, which is 61.8% retracement of this move down. The important thing is to...

Atawil, I do have a technical explanation for the three days. USD/CAD was in a 5th wave of a C wave of an X wave. I have included a chart. Hopefully, the chart is useful.

Here is another reason to go short USDCAD. http://news.yahoo.com/s/ap/20060530/ap_on_he_me/healthier_canadians I'm just being frivolous. :D Bad consumer confidence number today. Oil keeps rising. Stockmarket took a big hit today. I hear someone singing. It is the fat lady. She is...

WM, on the CFTC website you will be able to find out if the broker is registered with them, as well as any black marks that broker may have. Welcome to the forex market.

WM, I disagree with the "every" in the title of this thread. You have acknowledged that you are a neophyte in the forex market. So I can see where you are coming from. This June will mark my 11th year in the forex market. Do business with a reputable broker. The skill and talent required in...

Bull trap. I have three words for you. Summer. Oil. Gold.

Parity here we come. Since there are many who are playing for a correction, the downward trend will not abate. Those who are long are wrong.

I am doing well, young man. I see that you have been keeping the troops in line. :D Sometimes market action is like a falling knife. Would you put your hand out to catch it? :eek: Just be careful, young man.

So how have you been, young man? I come back after 4 months away from this forum and instantly like the above quote from you. Deptrai

Long USDJPY @ 116.77.

Long @ 1.3070. I love rock and roll. :p

Avalon Asset Management in Irvine, CA.

GBPUSD moved like a turtle on most days. Your question brings back memories.

Capamando, I wasn't joking about using the force. Hopefully, someday you will know what I am talking about. Welcome to forex. 99% of all forex traders will eventually fail. May the force be with you. :)

I use the force. :)

Around 12 noon EST Garbanas from the ECB said that rate expectations are reasonable. I hope that this helps.

Take a look at the USDJPY chart. You see the fall from 118.94, right? Rumor has it that those who were selling on the way down decided to take profit since they met stiff support at 116.87. So what you have here is a classic case of a short squeeze. This U.S. dollar buying spread to other...

There are some brokers who won't charge you interest, but they will adjust your entry price.

I always pictured u as some trading wizard in his 20s for some reason.

Here I am reading this thread while eating some delicious tomato beef chow fun. Preach it like it is, brother gwac. Amen! It is also cool that brother es has helped out some beginners with risk:reward and win rate concepts. hallelujah! :D