Is Forex Profitable?

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ExtremeWays

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Here come the missiles, close all and run for life. :s22:

Any impact analysis?
 

blurinvestor

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Any impact analysis?

2 scenarios:

Trump's infamous bargaining chip

It could be for real

Yen - safe haven. Hence, let go of any YEN trades. Be safe than sorry. :)

People might say Trump is using this situation to water down the on going investigation.
 

blurinvestor

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40 years still have the very fun listening to his joke cos heart wooden-ed till cannot smell people smoking for 20 years. What a joke - a new story emerged - You must be extremely please in a way. :s13:
 

blurinvestor

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My money changer in Hong Kong called me and said - Good, Good, Good.
Yes, packing my bags again, be back in May. Will be visiting the 2 charging bulls.
 

VibesFXSG

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GBPCAD : The recent price drop has allowed price to approach a very nice key price region. Watch out for the approaching yellow zone at a smaller time frame, let the market direct you and follow the flow.

imageshack.com/a/img923/4431/WAc5ok.jpg
sorry cant post photo because new account
 

prudent76

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GBPCAD : The recent price drop has allowed price to approach a very nice key price region. Watch out for the approaching yellow zone at a smaller time frame, let the market direct you and follow the flow.

imageshack.com/a/img923/4431/WAc5ok.jpg
sorry cant post photo because new account

GBPCAD is a cross currency pair. It's price is a derivative of GBPUSD and USDCAD. S/R analysis tends to work better on the majors as you are working of actual and not derivative prices. I am open to be corrected on the derivation of the GBPCAD pricing.
 

VibesFXSG

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GBPCAD is a cross currency pair. It's price is a derivative of GBPUSD and USDCAD. S/R analysis tends to work better on the majors as you are working of actual and not derivative prices. I am open to be corrected on the derivation of the GBPCAD pricing.

that's quite an insight, but i normally look at charts with the highest potential RRR. but thats a great sharing, will keep a lookout for that :)
 

blurinvestor

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Forex movement is still the same, Look Left and make decision of how much you want to give market.
Year end liao, should be closing book soon and head for holiday.
Or you can use No Stop Loss, when sitting on unrealised loss and seeing stars :s22:, then tell the whole world you go jiak hong. :s13:

BTW look at EURCAD, might be a bit late to enter short, but still got room to run. :)
 

blurinvestor

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Mr C, did you follow my call this morning. Should close now if you have the very fun following my call this morning. Should be more than cai png can eat something better :s13:
 

Knight_Rider

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No, had bought and closed.

I favour Buy for this pair (buy the dip). On hold till Trump and Xi meet.

Another chance to load EURGBP, rinse and repeat.

Oh okay because day chart (I know three white soldiers) hit a wall liao. 0.72 got shooting star so I won't be buying the dip past the day resistance.
 
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