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paj1985

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Posts posted by paj1985

  1. Did this come from PD?? They were discussing the extra cash in bank vaults a while back....and the lower denoms are distributed??? Haha that nullifies this post almost instantly,thanks for the humour.

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  2. Hi Magic Chris, I would start out with studying the economic events that are going on in Japan and China. Those are the most recent revaluations and devaluations that have happened. I say use those b/c those are the ones that are going to affect the future of forex trading. With the action that has been going on over there in the past month and the currency revaluations that have shaped up over there it is very much so a gamble to invest in the Asian currencies right now in my opinion. Yet they will play a big role in the near future as they will affect other currencies in a big way. It is just my thoughts but I believe that the yuan and yen are tied very heavily to the Dinar r.v . with all of the investing that has been going on in Iraq.I would expect a RV of the yuan and yen very soon to the Dinar RV as they are under pressure to bring their currency to a level playing field. Also if just getting started I would concentrate on the majors. Those are the easiest to find information on. Stay away from the exotics until you have mastered the majors. I would only invest in one or two currency pairs at a time until you get very comfortable. Don't always expect a 100 pip gain as well. You will start learning how to spot them as you start seeing the patterns that lead up to major movements. Study the 1,2,3, method. Also get familiar with how the resistance works. This is the base for which measurement starts for major movements. Good Luck and Great trading.

    Striker thanks for the useful info here bud,nice to see we have helpful people on our forum. Big thanks for the post sunglass.

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  3. I do not wish or intend to offend anyone, Im still new here and want to know what to make of this chat by Night11. Sound info or a "Pumper"

    Thank you

    Barry

    Not so sure about night barry to be honest,he sounds well groomed on dinar,but pumpers are good at there job so who knows?

    There only pumpers if they make you run out to buy more,stick wirh your original plan and you wont go far wrong buddy. :)

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