Wednesday, June 27, 2007

Kuasa Forex Seminar Gempur 2007

I attend the Forex Seminar at Berjaya Times Level 14 for Forex Trading Seminar by Mohd Nazri Yacob.

Kuasa Forex seminar




Kuasa Forex seminar

Thursday, June 07, 2007

Rahsia Orang-orang Terkaya Di Malaysia Terbongkar

Rahsia Forex adalah buku sensasi dari Fadzley,Jutawan Muda Melayu yang bakal merubah kehidupan anda sekarang.Fadzley akan membongkar rahsia menjana pendapatan yang lumayanyang selama ini digunakan oleh institusi-institusi kewangan dan orang-orang terkaya di Malaysia.

http://www.rahsiaforex.com/affiliate/?i=trader8/

Berikut adalah pengakuan salah seorang pelajar, Desmond Landing dari Lahad Datu, Sabah, yang telah mengaplikasikan teknik dan strategi yang Fadzley gunakan untuk menjana beribu-ribu setiap saat.
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"Hai Fadzley,
Saya ingin ucap terima kasih banyak-banyak sama kamu. Didikan kamu sangat berkesan serta sangat mudah di ikuti.
Selepas mempelajari dan mempraktiskan teknik rahsia kamu ini, saya telah berjaya mendapat RM3,000 hasil usaha saya dalam masa 5 hari...
Wah, bagaikan mimpi saya ketika itu. Sehingga kini pun saya masih rasa bagaikan bermimpi. Saya tahu teknik kamu bagus dan boleh mendatangkan untung pada saya, tapi saya tidak sangka sehingga begini BANYAK dalam masa yang begitu SINGKAT pula.
Jika saya tahu, sudah pasti saya melabur lebih banyak lagi dan menjadi kaya raya seperti kamu. Kamu adalah idola saya sekarang kerana kamu telah membuka mata saya kepada potensi wang yang bakal saya peroleh.
Terima kasih.
- Desmond Landing Lahad Datu, Sabah"
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Anda juga boleh mendapat hasil yang sama seperti Desmond dengan mengaplikasikanteknik dan strategi yang terdapat di dalam Rahsia Forex.
Baca pengakuan dari mereka-mereka yang telah mencubanyadan beroleh keuntungan lumayan daripada buku ini.

http://www.rahsiaforex.com/affiliate/?i=trader8

Selamat berjaya.

Wednesday, June 06, 2007

EUR/USD's

EUR/USD's rise from 1.3391 stalls after breaking short term falling trend line (now at 1.3523) briefly. Nevertheless, intraday bias will remain on the upside as long as 1.3487 holds. Since the corrective fall from 1.3681 is regarded as completed with three waves down to 1.3391 with bullish convergence condition in 4 hours MACD and RSI, further rally is expected to follow to towards 1.3609 resistance. Break will encourage a retest of 1.3681 high.

On the downside, touching of 1.3487 will turn intraday outlook consolidative first. In case of pull back, sustained trading below 1.3364 cluster support is needed to confirm underlying bearishness. Otherwise, the corrective fall from 1.3681 is still considered either ended or to be ended soon. That is, another strong rebound is likely to follow.

In the bigger picture, with 1.3364 cluster support (38.2% retracement of 1.2865 to 1.3681 at 1.3369) remains intact, the rise from 1.2865 is still expected to resume to above 1.3681. However, risk of medium term reversal is still high. As discussed before, medium term up trend from 1.1639 is interpreted as having first move completed with three waves up to 1.2978, subsequent sideway consolidation completed at 1.2483. Rise from 1.2483 is treated as resumption of the whole up trend from 1.1639. With such interpretation, we'd expect risk of medium term reversal to increase significantly after EUR/USD met resistance zone between 1.3668 and 100% projection of 1.1639 to 1.2978 from 1.2483 at 1.3822. Hence, focus is now on reversal signals.

On the downside, decisive break of 1.3364 cluster support (38.2% retracement of 1.2865 to 1.3681 at 1.3369) is needed to confirm a medium term top is made. More importantly, with bearish divergence condition in daily MACD and RSI, this will warn that the whole rally from 1.2483 has also completed, and, so is the whole up trend from 1.1639. Focus will then be back to medium term rising channel support (now at 1.3049).

Daily Pivots: (S1) 1.3489; (P) 1.3520; (R1) 1.3555

Tuesday, June 05, 2007

Dollar Sent Lower by Bernanke but Drawing Support from ISMDollar's

sell off resumes in early US session after comments from Bernanke which said that housing market's drag on the economy could persist somewhat longer than expected even though the slump has not spilled over into other parts of the economy yet. He said in his speech "The Housing Market and Subprime Lending" in the International Monetary Conference in South Africa via satellite that tighter standard is now required by investors and creditors will no doubt restrain housing demand in the subprime market and some near-prime borrowers may also be shut out. Regarding inflation, though, Bernanke still believes that risk is to the upside and economy will grow at near trend rate.

Dollar additionally pressured by speculation that the United Arab Emirates may be the next Middle Eastern country to end the dollar peg. Syria and Kuwait had recent announced that they would dump the dollar peg to curb rising import costs and inflation that was pushed up by rising costs of imports from Asia and Europe. However, much stronger than expected ISM non-manufacturing index, which rose to 59.7 in May versus expectation of 55.3, is providing some support to the greenback.

Euro, on the other hand was supported by solid Services PMI in May and IMF's raising of its forecast for the growth in the Eurozone economy from 2.3% in 2007 to around 2.5%. IMF also expects that the expansion will "continue apace" next year. Though, Apr retail sales missed expectation by growing 0.2% mom, 1.6% yoy only.

The Aussie remains firm too and took out this year high of 0.8390, reaching as high as 0.8406 so far, highest since Aug 90. Though RBA is widely expected to keep rate unchanged at 6.25% in the coming Asian session, expectation is still firm on another rate hike, probably in near term. Also, Aussie continues to draw support from carry trade. Q1 GDP will also be closely watched in the coming Asia session too and is expected to grow 1.0% qoq, 2.9% yoy.