hi GW,
is this the pattern you talked about?
is this the pattern you talked about?
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Dislikedhi BRV friends ,
do you have any clue why eurusd did not move too much today and actually consollidated , allthough other usd pairs moved a lot , there was all reasons for it to drop like the others ...
I'll be glad to hear your opinions , since I mainlly trading this pair - which reminds me , BRV , on how many pairs do you trade ?
thanks,
BarakIgnored
DislikedGood evening to you barak,
I really don't know why it hasn't moved much.I have gotten into 2 trades with a small loss over it.But look at it now.It made a new low and looks as if it is coming back up to show resistance of this level..will it happen I don't know but I am watching it.I myself am trying to narrow my trading down to 1-2 pairs,I think this will be one of them.Ignored
Dislikedhi BRV friends ,
do you have any clue why eurusd did not move too much today and actually consollidated , allthough other usd pairs moved a lot , there was all reasons for it to drop like the others ...
I'll be glad to hear your opinions , since I mainlly trading this pair - which reminds me , BRV , on how many pairs do you trade ?
thanks,
BarakIgnored
DislikedBarak hey buddy,
I am not very sure why EU/$ didn't move that much but, I think if you check EU/GBP it has broken previous resistance and made a new high. What I noted was when EU/GBP pair make significant move in favor of EU. EU is stronger.
Maybe I am wrong, this is my dumb explanation .....Ignored
DislikedHi Tori,
I thought you might like to hear a couple of Mark "Trading in the Zone" Douglas lectures.
http://club.ino.com/trading/2008/07/...aders-mindset/
http://club.ino.com/trading/2008/10/...sonal-trading/Ignored
DislikedHi BRV people,
Read today's Blomberg:
http://www.bloomberg.com/news/markets/currencies.html
Before making any assumptions regarding directions, information at this point is valuable.
Tori my friend,
you said it yourself in a prior post "No, we can never know why, where, or when." where the market is heading. This is discipline . Do not put your "neck on the line" for any trade, as wishes do not always comes true.Ignored