Trading/stock markets/forex markets etc :)

[Ghorzang]

give it time it will go up more

Peera, I can only give it 1-2 weeks max, not more than that.

[sahil112]

lol let it hit the 7.5-8.0 mark then sell it should be able to hit that by 2 weeks, i my self made £650 today the euro/usd went up 80 pipz, i still expect it to rise for tommorrow aswell so im in a gd bullish run :D

[Ghorzang]

lol let it hit the 7.5-8.0 mark then sell it should be able to hit that by 2 weeks, i my self made £650 today the euro/usd went up 80 pipz, i still expect it to rise for tommorrow aswell so im in a gd bullish run :D

yara if it hits the 7.5 mark, I will definitely make dua for you. so, lets see.

[Ghorzang]

By the way, how much did you invest in the forex?

[sahil112]

By the way, how much did you invest in the forex?

i buy about 3 lots so thats like 300,000
i have a leverage of 1:500 so for 3 lots i invest about £250 of my own
i started of with £300, i am now around 10k mark, i only started bout 5 months ago so

[Ghorzang]

i buy about 3 lots so thats like 300,000
i have a leverage of 1:500 so for 3 lots i invest about £250 of my own
i started of with £300, i am now around 10k mark, i only started bout 5 months ago so

so, you are set.. I will send you $10k and you double it..

[sahil112]

so, you are set.. I will send you $10k and you double it..

manana wrora, and aha you barly no me wrora jana becarefull, but i would like to teach you though mabey i can printscreen my platform and my analysis everydai to give you a feel? ow does that sound? you will slowely start to learn aswell

[sahil112]

by da way check the euro/usd its trading in direction i said this will be a good time 2 buy if any1 does trade forex

[Ghorzang]

manana wrora, and aha you barly no me wrora jana becarefull, but i would like to teach you though mabey i can printscreen my platform and my analysis everydai to give you a feel? ow does that sound? you will slowely start to learn aswell

That would be great.. If there are any hints, let me know.. Like how can a person know when to buy what.. What should they look for to determine a good penny stock..

[sahil112]

That would be great.. If there are any hints, let me know.. Like how can a person know when to buy what.. What should they look for to determine a good penny stock..

i will defiantly do this
well first of find the stock that your wanting to look into and then you want to check thier past data to check for any mergers couse this can suggest they are in trouble, you can see if it has had many splits becouse this can also mean it is in trouble and extremly volatile, check thier market data and see what they have been trading at and check for any sudden jumps and check to see what major developments happened then if any, check for any future developments they have or mergers or investments coming in as this can give you a good idea of what to expect.

[sahil112]

as you can see i am up 100 pips profit right now
the green lines mean support and red lines means resistence, so like i said i think it will reach the 1.33100 mark and thats where it will face resistence and will most probably drop again but i will have to watch for what signal i get.
i saw that this is going to be a bulling run after the green bulling engulfing candel appeared and engulfed the bearish red 1. that was pretty much the buy signal for me but i did not trade on it as i was waiting for it to close on that to be perfectly sure and as it did that gave me the go. also as it appeared near support line this puts emphasis on the power it has and makes it powerfull becouse it means the bears were not strong enough to break thru and the power was back in thr bulls hands.

[sahil112]

as you can see we got a morning star while it was trading sideways and the market had no direction but once the morning star was formed it carried on in the bullish run. the morning star acted as a breakout and thats why it had so much momentum. but as you can see it is now forming a shooting star which is signalling the end of the bullish run for today and that the bulls are losing power and the bears are gaining power. this has happened at the resitence line i quoted 2 days ago and we are going to have 2 wait till money now to see if it can break thru or not. if it can then we will see a full week of bullish run but if it dosnt break it on mondai we will be trading most probably short term pyramid style sideways. thats my profit for todai i will wait till market nears closing time before i make a decision to close or not.

[Ghorzang]

Thanks for the info peera. Do you think the price of this stock will go up if I buy it at $0.32 ? The graph has a downward trend after it went up few weeks/days ago.

By up, I mean to .34 +

Timminco Limited: TSE:TIM quotes & news - Google Finance

And how do you predict the result?

[sahil112]

Thanks for the info peera. Do you think the price of this stock will go up if I buy it at $0.32 ? The graph has a downward trend after it went up few weeks/days ago.

By up, I mean to .34 +

Timminco Limited: TSE:TIM quotes & news - Google Finance

And how do you predict the result?

no it is at support right nw of a hammer so i will wait to see if it breaks under the 0.32 price if it does its going to be goin down until 0.28 but if it holds and slowely starts to go back up then it can gop till 0.36 so you gna have to wait right nw and watch the prioce action

and what do you mean by predit resulsts? as in how do i no how much it will rise or go down ?

[sahil112]

ghorzang wrora i would defiantly buy if i were you, i think it is on the rise