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Posts by "jmx"

47 Posts Total by "jmx":
44 Posts by member
Jmx
(Singapore)
3 Posts by Anonymous "jmx":
Jmx
Singapore
Posts: 44
15 years ago
Jul 31, 2009 6:41
Guys,

Need to double confirm with you all. I saw a bullish divergence set up in GBP/USD 4hrs chart. As I am still learning thus need you guys to correct me if I am wrong.

Thks
http://www.forexfactory.com/showpost.php?p=2918592&postcount=153365
Jmx
Singapore
Posts: 44
15 years ago
Jul 30, 2009 14:58
Ashraf,

3 days ago pound got shorted heavily but euro is not moving during then and the last 2 days is the other way round.... What is the reason for it?? Is it today HPI for pound??

Jere
Jmx
Singapore
Posts: 44
15 years ago
Jul 29, 2009 19:28
Dima,

Thks for the reply. I am not use to mid term trading.

Jere
Jmx
Singapore
Posts: 44
15 years ago
Jul 29, 2009 18:59
Ashraf,

Beige book coming in in abt 3 mins. currently had shorted pound at 1.6400. is it better to lockin profit or hold for the news?? I am looking tp at 1.63
Jmx
Singapore
Posts: 44
15 years ago
Jul 9, 2009 18:21
Mojo, thks for the reply cos I am new with fibo stil trying to get it right. :)
Jmx
Singapore
Posts: 44
15 years ago
Jul 9, 2009 18:07
Mojo, I had drawn a fibo extension my wave 1 bottom from the down trend is at 1.6380 the top is at 1.6740. the wave 3 is at 1.6020 and now it hit back up guess is wave 4. Am I right??
Jmx
Singapore
Posts: 44
15 years ago
Jul 9, 2009 17:57
Ashraf, tomorrow fed buying agency debts will it further weaken the dollar??
Jmx
Singapore
Posts: 44
15 years ago
Jul 9, 2009 17:50
hi all the way i look at the price movement is tht since they (G8 and G5) dont de-value their currency might it be the china, india , russia take this opportunty to diversify their resreve??
Jmx
Singapore
Posts: 44
15 years ago
Jul 9, 2009 11:59
AshRaf yeah looks like pound going dive soon I had shorted at 1.6210. If they only use 25B ponds and keep rates unchange what will be the impact on pound??
Jmx
Singapore
Posts: 44
15 years ago
Jul 8, 2009 17:33
Ashraf,

you are right again!! :)i did not take ur call or the idealglobal call..... from ur last post you mention about the green shoot..... As I am have not study economics thus I am very confuse about the discussion tht you guys mention. I reading the fibo text and trying to use it on forex but my knowledge is limited.... Getting ur book soon hopefully i can have more in depth knowledge tht i can learn from ur book. Btw i did notice tht we are over the 89 days up trend movement and follow by 55 days corrective movement in technical wise from fibo...

Am I looking at it correctly?? tht this quarter we are seeing bearish movement??