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  • Goldman Says To Go Long EURUSD With 1.37 Target, 1.29 Stop

    From zerohedge.com

    With the EURUSD trading rangebound in the past few months, everyone needed a catalyst for a forward direction. Today, we got it courtesy of Goldman's Tom Stolper, who just released yet another EURUSD trade recommendation with a 1.37 Target. From Goldman: As we discussed in Monday’s Global Markets Daily, we continue to expect the compression in Euro area risk premia to push EUR/$ higher. Having just closed our long EUR/CAD recommendation, and in order to maintain exposure to the theme, we recommend long EUR/$ positions with a target of 1.37 and a stop at 1.29. As always: do the opposite of what Tom Stolper, who is ... (full story)

time to short then ;-)
On my way to financial independence - if others can do it - I can do it
perfect short signal
  •  Guest
  • | IP XX.XXX.173.249
that means short
  •  Guest
  • | IP XX.XXX.193.117
But but but... Bank of America said 1.2700 Q1!
Wow this is really a global market !!! One say they will go long and market just spiked like crazy.....
what do they long 10000000 lots!!!!
If Tom Stolper say so. I should go short than.
Better do nothing, how can they come out with such a sh-t and tell everybody to go long, who pays if it goes down instead?????????????????????????????????????????????
Big MANIPULATION
  •  Guest
  • | IP XX.XXX.240.249
how come??? when goldsman says long then it is long
Quoting Eur Usd
time to short then ;-)
I think that goldman have think the same that you, everybody short the euro after our release, and then we push higher the pair in hunting stop loss. It's possible, maybe yes maybe no, it's better waint and see. I'm not believe in what GS wirte to public!
This is the fight with no rules
if everybody starts to scream short or long, its usually time to find a good place for an opposite order.
.:: your stop loss is another trader's first target ::.
Thanks Goldmans!
Tracking the Specialists.
im waiting for jona and LG. see what they have to say
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 8 Comments
Jjust wondering why would they even announced their attention...
Hindsight is useless if you never learn anything out from it
all you idiots shorting, he may have been wrong in the past but even a broken clock is right twice a day so this may be the time that he is in fact right and all you people will get burnt
Former employee said same, yesterday...
Still amazes me why anyone would trade what they think will happen or what someone says to do, instead of what price is doing.
after this announce 80% from the world traders are getting long, thats why
  •  Guest
  • | IP XX.XXX.182.28
Hang on, didnt Zwermann Financial in an interview with CNBC say that the EURUSD will Fall To 1.27 By Feb Before Rallying To 1.48 By Aug ????

whats with all the it might go up or it might go down? Sheesh...
I Bought but not because goldman told me too...was already in
And i think 3700 is way to far im aiming at 3500
Anything can happen in FOREX. There's no 100% sure
These are traders with basically no more and no less skills or knowledge of the future than the average retail trader - the comments here are to a large extent pathetic and make me feel ashamed to be a retail trader. How is it that you are not ready to take responsibility for your trades and still call yourself a trader? What do you imagine these guys have that you do not have - four balls?
sometimes rumors get true!
Wait, i didnt say the above post???
Quoting staffpro1
all you idiots shorting, he may have been wrong in the past but even a broken clock is right twice a day so this may be the time that he is in fact right and all you people will get burnt
Was wrong before and is right now? Come on, thats everyone!

I've done that in the past, be wrong sometimes and be right sometimes. Then you might as well do what i say!

And......didnt Zwermann Financial in an interview with CNBC say that the EURUSD will Fall To 1.27 By Feb Before Rallying To 1.48 By Aug ????
i want to change Your name of the Goldman to the reverseMan
1.37 is logic, we have long journey to 1.48
Buy
when ever Goldman says north i go south and when he says south i go north
Quoting hss
im waiting for jona and LG. see what they have to say
No need to wait for me buddy, if you were in the trend up then u r great. I'm just a nobody compared to GS. Let's see 1.35 first as there is always reported barrier as we go. Don't get stuck in the mentality to rely on

Among the big investment banks GS, Noobgan-Stanley, Citi, Mig etc. I tend to trust GS more than other investment banks. On my recorded journal, GS has more homerun score than the rest, success rate 61.7% so far.

Trend has definitely changed since yesterday - erased quite a big chunk of bear...... though I'm a fking bear of Euro (but traded both sides of the piano)
Quoting safdarhashmi
when ever Goldman says north i go south and when he says south i go north
I do that for Noobgan-Stanley
be careful with Goldman trap
and what he predict for euro
Quoting jonahky7
I do that for Noobgan-Stanley
goldman sucks
Quoting safdarhashmi
and what he predict for euro
SHORT (Noobgan-Stanley = Morgan Stanley) just to clarify any confusion
so ur are in buying let see what happen good luck for both of us
Quoting jonahky7
SHORT
oky

Quoting jonahky7
SHORT (Noobgan-Stanley = Morgan Stanley) just to clarify any confusion
Quoting safdarhashmi
so ur are in buying let see what happen good luck for both of us
I've already finished trading for today. I mentioned in post #30 a while ago at

http://www.forexfactory.com/news.php?do=news&id=404524#post6357767

that I've hit my TP2 and TP3 at R2 - LONG!

Done for the day buddy.

And I don't mean I'm shorting becos of Noobgan-Stanley
Who said the EURO will not reach 1.35 or beyond; in time it will. History repeats itself. For kicks check the stats for the EURO year 1999 through year 2008 - using the MONTHLY temporality - and tell me what you see...!!

We are living a MAN MADE WORLD ECONOMIC CRISES; which is subject to interpretation.
Need proof of it...? Nobody has it...! Nobody can tell.
Quoting jonahky7
No need to wait for me buddy, if you were in the trend up then u r great. I'm just a nobody compared to GS. Let's see 1.35 first as there is always reported barrier as we go. Don't get stuck in the mentality to rely on

Among the big investment banks GS, Noobgan-Stanley, Citi, Mig etc. I tend to trust GS more than other investment banks. On my recorded journal, GS has more homerun score than the rest, success rate 61.7% so far.

Trend has definitely changed since yesterday - erased quite a big chunk of bear...... though I'm a fking bear of...
thanx mate... yes im long and needed some more conformation.
I´m long since beginning of dragi press conference and not leaving for a while.. There are strong fundaments for euro move up during next weeks. after fiscal cliff problem postponed there is risk appetite and dragi yesterday clearly said that they wont cut rates or do LTRO etc. so FED is printig ECB not => EUR up

btw. Thats what moves the pair the most If you compare diference between balance sheets of ECB and FED you see it strongly coleratetion with EURUSD!!!! so if ECB is printing more then FED EUR is going down and opposite! :-)
Quoting hss
thanx mate... yes im long and needed some more conformation.
My 2 cts advise, I usually take first offer at TP at each R line or S line. It may go higher or lower but at least I keep the profit - there is always another day to win. I'm only a day trader don't tend to keep overnight trades, as they can easily turn stale.
Quoting bezruc
I´m long since beginning of dragi press conference and not leaving for a while.. There are strong fundaments for euro move up during next weeks. after fiscal cliff problem postponed there is risk appetite and dragi yesterday clearly said that they wont cut rates or do LTRO etc. so FED is printig ECB not => EUR up

btw. Thats what moves the pair the most If you compare diference between balance sheets of ECB and FED you see it strongly coleratetion with EURUSD!!!! so if ECB is printing more then FED EUR is going down and opposite! :-)
nice comment, but nothing goes as planned in markets / there is always a black swan
gap eur usd next week
gap ?
Quoting jonahky7
My 2 cts advise, I usually take first offer at TP at each R line or S line. It may go higher or lower but at least I keep the profit - there is always another day to win. I'm only a day trader don't tend to keep overnight trades, as they can easily turn stale.
yea from 3 or 4 months back i had taken up your strategy of trading with in stated risistance and support lines. once the resistance or support is broken then i follow thru. because of this i mostly in profit for the past couple of months. Thanks again
Quoting hss
yea from 3 or 4 months back i had taken up your strategy of trading with in stated risistance and support lines. once the resistance or support is broken then i follow thru. because of this i mostly in profit for the past couple of months. Thanks again
and the same i do with gold
Quoting openyoureyes
nice comment, but nothing goes as planned in markets / there is always a black swan
Thats true and so i´m watching my trade carefully :-) And usually i also don't keep trades during night But this i find as a great mid-term opportunity.


And the who´s more printing works without any questioning just put some higher timeframe and look where QE1 QE2 LTRO... started/stoped :-)
Quoting hss
yea from 3 or 4 months back i had taken up your strategy of trading with in stated risistance and support lines. once the resistance or support is broken then i follow thru. because of this i mostly in profit for the past couple of months. Thanks again
Great to know you are in profit! Well done!
Quoting jonahky7
I've already finished trading for today. I mentioned in post #30 a while ago at

http://www.forexfactory.com/news.php...24#post6357767

that I've hit my TP2 and TP3 at R2 - LONG!

Done for the day buddy.

And I don't mean I'm shorting becos of Noobgan-Stanley
Well done mate! i had meetings all day, just finished and im watching my account growing and flowering lol! Its gonna be one of these years again i think!

I think those noobs at MS have employees that regurarly post around here, do you know anything about this?
Improvise, Adapt, Overcome.
Eur, The most powerful currency on earth. Economy in the toilet and has climbed 6 straight months without a red candle and today hit an 11 month high. It is approching the 5o% 2year retracement on the EUR/USD. I know the fed keeps the dollar weak and the Zone does the opposite but what idiots are buying this garbage currency at these prices. I will sell at the first oportunity. EUR can kiss my Arse. Bye Bye Eur forever. Oh so Goldman is the idiots buying it
Jesus my Lord
In 40 years 1st time gold will not give return
remember my words gold tgt 1400$
glad you all made the GS'es reputation clear
Quoting jonahky7
Great to know you are in profit! Well done!
i had the worst week ever...lost over 400 pips..........last time i had such a loss was US elections...........missed the euro rally and did not want to join in late.........plus whatever position i took on gold..it went wrong...my timing was all wrong this week..........i hope next week i can make up for all this
Quoting Moslem.Lotfi
i want to change Your name of the Goldman to the reverseMan
nice
I think so...Euro should go south now, technically it is the way too high, and it is time...carefull guys for fiscal cliff, it may look good for buy but suddenly it drop so bad make everyone hurts...
Quoting Fx Hiflyer
i had the worst week ever...lost over 400 pips..........last time i had such a loss was US elections...........missed the euro rally and did not want to join in late.........plus whatever position i took on gold..it went wrong...my timing was all wrong this week..........i hope next week i can make up for all this
Hey buddy, I'm sure you can and you will. But at the moment, walk away for 1 or 2 days then calm down and see how it all pans out.

I had days like this when I started trading as a noob trader. Blew big account in those days - control n patience is what I learnt now (still tempted though at times)

All the best buddy!
IMHO if your edge worked in the past keep plugging it. The temptation will be v.strong to change and try to adapt. Be careful.


Quoting Fx Hiflyer
i had the worst week ever...lost over 400 pips..........last time i had such a loss was US elections...........missed the euro rally and did not want to join in late.........plus whatever position i took on gold..it went wrong...my timing was all wrong this week..........i hope next week i can make up for all this
Quoting Slurp
Well done mate! i had meetings all day, just finished and im watching my account growing and flowering lol! Its gonna be one of these years again i think!

I think those noobs at MS have employees that regurarly post around here, do you know anything about this?
Yes I think I know who u talking about, if not Noobgan-Stanley it would be an arm-length trader for Noobgan-Stanley

I love that deputy PM of Spain, in fact I have both bulls indicator with her and drag-queen on it. Merkel and Hollande have expired into the background. But Hollande will be coming back with a vengence soon with rich clowns leaving France and be a citizen of Russia!
Quoting Loadedgun
These are traders with basically no more and no less skills or knowledge of the future than the average retail trader - the comments here are to a large extent pathetic and make me feel ashamed to be a retail trader. How is it that you are not ready to take responsibility for your trades and still call yourself a trader? What do you imagine these guys have that you do not have - four balls?
Yeah I'm so with you on this. It only takes an idiot and not a trader to ride on such dictations... and frankly I think all the mumbling flying around is attributed to ignorance and total lunacy!
One of the best prediction from them.
When Scalpers win, I lose and Vice varsa...
Quoting Mr D.
Eur, The most powerful currency on earth. Economy in the toilet and has climbed 6 straight months without a red candle and today hit an 11 month high. It is approching the 5o% 2year retracement on the EUR/USD. I know the fed keeps the dollar weak and the Zone does the opposite but what idiots are buying this garbage currency at these prices. I will sell at the first oportunity. EUR can kiss my Arse. Bye Bye Eur forever. Oh so Goldman is the idiots buying it
Actually - the Euro is one of the most bearish if not the most bearish unit in the pack. It is important to understand that this is a currency traded in a market and not within the confines of some economic laboratory. The Euro has been falling heavily all this time ( i.e. over two years now) due to its inherent problems and could potentially go as low as 1.10 before the year runs out. 1.4 is actually a lower high and currencies rise steeply when they are falling steeply and fall steeply when they are rising steeply - that is why it is critical for a professional take to analyse and base statements only on the unit not its fractions.

Traders trade the fractions of a unit for all kinds of reasons - but the fractions they trade is not the unit and the market is neither stupid nor is it random - it is very accurate it in its valuations - which is why the Euro (relative to its past posts) is at its weakest now and even at my projected high for the current year of circa 1.4 it will still be extremely weak on the historical scale.
"True Knowledge is knowing what to ignore"

PS: Professional traders are the ones that get professional data feed, highest speed and largest volume...

Professional traders are the true speculators (speculators of real/true information), retail traders are just trying to speculate=guess what the professional traders will do next...
Quoting Loadedgun
and currencies rise steeply when they are falling steeply and fall steeply when they are rising steeply
Utter nonsense !
Quoting Fx Hiflyer
i had the worst week ever...lost over 400 pips..........last time i had such a loss was US elections...........missed the euro rally and did not want to join in late.........plus whatever position i took on gold..it went wrong...my timing was all wrong this week..........i hope next week i can make up for all this
We all have our losers buddy, dont worry about it. Obey your stop loss at all times and evaluate after each loss before entering again. Dont try to revenge the market, shell get you and shell get you with no mercy at all. Talking of experience here. Cheers
Improvise, Adapt, Overcome.
Quoting funske
Utter nonsense !
You would not know would you - given you not able to measure MA's correctly - so you would make a one line statement that reflects exactly such crass ignorance in broad daylight.
Quoting Slurp
We all have our losers buddy, dont worry about it. Obey your stop loss at all times and evaluate after each loss before entering again. Dont try to revenge the market, shell get you and shell get you with no mercy at all. Talking of experience here. Cheers
U forgot to quote that yellow submarine, it claimed it closed all shorts although it had deleted it's own comments about entries..... What's going on in that 2cts nutshell I wonder apart from arrogance
i know i don't have to tell you. yes, utter nonsense but what do you expect? Some sort of sane comment from the peanut gallery? You have to admit, it is entertaining though. Sometimes i laugh so hard at all the nonsense i read in here.
Quoting funske
Utter nonsense !
So, Forex runs on 'WORDS', not ECONOMY... :
Quoting Loadedgun
You would not know would you - given you not able to measure MA's correctly - so you would make a one line statement that reflects exactly such crass ignorance in broad daylight.
lol Your comment on camels in Australia was even smarter than this one.
Oh do not be such a daft - there are millions of camels in Australia and frankly I rate your IQ somewhat too low to understand my meaning along with that serial loser friend of yours of course. I wonder how he is still able to pay connectivity bills given he must be (or should be) in a poorhouse by now.
Loadedgun, My calculations say the Euro is worth about 1.10 to the usd and maybe par if China stops buying the Eur. Meaning it is junk just likr the Dollar
Jesus my Lord
Quoting Mr D.
Loadedgun, My calculations say the Euro is worth about 1.10 to the usd and maybe par if China stops buying the Eur. Meaning it is junk just likr the Dollar
Well since one must be valued relative to the other I got say they are both at their right values just now. I do not measure by so called "fundamentals" since in fact it would be illogical to do so - just by market sentiment and the market for now has determined that the Euro is worth (or will be in a short space of time) $1.35++ Cheers though.
the euro will go lower but only because of inherent problems but none of them can be fundamental because fundamentals are just noise. They don't matter. Ask the .....professional? lol

"The Euro has been falling heavily all this time ( i.e. over two years now) due to its inherent problems and could potentially go as low as 1.10 before the year runs out."

now that is funny because the eur/usd was at the exact same level it is today in january 2011. but you have to be able to read a chart to see that. There is no end to the comedy
Quoting Arav007
So, Forex runs on 'WORDS', not ECONOMY... :
the mighty scumbagness of GS has spoken.
Time to look to sell.
Keep it coming. I love you GS. Really, I do.
Quoting jonahky7
U forgot to quote that yellow submarine, it claimed it closed all shorts although it had deleted it's own comments about entries..... What's going on in that 2cts nutshell I wonder apart from arrogance
Yellow submarine? ROFL! What the hell is that? Please explain because that sounds so funny mate!

PS of course i understood who you talking about, but if i quote him all my posts will likely end up to the ff bin, so why waste my time? LOL
Improvise, Adapt, Overcome.
  •  Guest
  • | IP XX.XXX.67.50
Never you trade against the big boys.1.3750 is the next target b4 month end.
a broken clock is right twice a day. This time stolper may be right.
Quoting Slurp
Yellow submarine? ROFL! What the hell is that? Please explain because that sounds so funny mate!
O you might not know about yellow submarine, few buddies of mine here got banned from ff becos we were tackling yellow submarine on its yacking of entries. It all started in July last year, the trend was down and the yellow submarine kept doing add x4, x8 to long from .278xx area all the way down to possible .2192 for quite a while - though I was not sure if it ever survive that.

I think it's becos of that, that trader started developing a one way trade, ie short parasite. And each short entry it shouted, the market goes almost immediately at least 50pips the opposite direction........so it kept on nedging (a new word I learnt today, hedging negatively) until a miracle happen. Trust me it was indeed a miracle Time span it takes to make some pips, avg 1month, otherwise breakeven.

Have told it countless time if it want to yack entries go somewhere else. FF is for discussion and bitching - not entries shouting.

So there you have it the yellow submarine.
Quoting jaygee
the euro will go lower but only because of inherent problems but none of them can be fundamental because fundamentals are just noise. They don't matter. Ask the .....professional? lol

"The Euro has been falling heavily all this time ( i.e. over two years now) due to its inherent problems and could potentially go as low as 1.10 before the year runs out."

now that is funny because the eur/usd was at the exact same level it is today in january 2011. but you have to be able to read a chart to see that. There is no end to the comedy
I do not think you know that much about anything least of all currencies - I do not mean to be rude or anything but you have to clean up your act before showing up around here if you do not mind - thank you in advance.
Quoting jonahky7
O you might not know about yellow submarine, few buddies of mine here got banned from ff becos we were tackling yellow submarine on its yacking of entries. It all started in July last year, the trend was down and the yellow submarine kept doing add x4, x8 to long from .278xx area all the way down to possible .2192 for quite a while - though I was not sure if it ever survive that.

I think it's becos of that, that trader started developing a one way trade, ie short parasite. And each short entry it shouted, the market goes almost immediately at...
BAHAHAHAHA mate! Thanks for the laughs! i think i need to check some older posts from that individual so that i have a complete picture of what were talking about here! Not that i care, i know those arrogant kind of egos, all mouth no results. Not to mention balls to compete against someone that challenges them so openly.

I fully agree news threads should be clean of yacking entries. Especially bad, misleading and dangerous ones.

lol!
Have a nice weekend all, including you yellow submarine!
Improvise, Adapt, Overcome.
even a broken clock is right twice a day and unfortunately this time stolper is spot on
Quoting jonahky7
Great to know you are in profit! Well done!
Pls can you teach me the strategy too, really been struggling with my system of trading.
thanks
Gold man SUCKS... sorry... SACHS
From the tips to the dips, it's all about the pips
Quoting palinco
Pls can you teach me the strategy too, really been struggling with my system of trading.
thanks
Buddy, it's not too difficult though it took me sometime - I lose some pips but gain more pips too.

The trick is to start with a basic RS lines - with RS lines known, you can then plot daily R1-3 pivot and S1-3 on your chart. BTW, I wrote my own EAs - these are 2 of the basic indicators I used. But different people have different trading style

Once a trend is seen, e.g. in this case up I follow a 60-80pips long then close or lock TP at the previous R line, scalp a bit 20-30 for short then re-long again (rinse and repeat sometime) - there are indicators to help gauge 20-30 range.

But this strategy doesn't work all the time, one need to pay attention to market sentiment even though fundamental of the market is showing the opposite.
Quoting Furdean2
after this announce 80% from the world traders are getting long, thats why
No, 70% are still short EUR/USD.

And I still favor the upside.
I agree wih Goldman, but i'm targeting 1.3900. My weekly and monthly wave shows upside direction until 1.40. I have been trading forex almost 2 years and in my experience i never disrespect larger tfs. But i will wait for a retracement to reload again.
Work smarter,not harder
if they said that now wait Eur to climb little more maybe 80-120 pips and dump all you can
Goldman is not wrong on all trade calls.

If you recall back in late July 2012 they recommended long eur/usd, let's recall what happened pull up your charts to find out.

Long term, eur/usd will hit 1.40 or beyond this year no doubt. USD will continue to be funding currency as long QE exists.

It's all about who's expanding their QE balance sheets. Euro-zone is not, yet Japan and USA are.
but zerohedge is an even bigger fade...
  •  Guest
  • | IP XX.XX.209.222
Quoting erod84
Goldman is not wrong on all trade calls.

If you recall back in late July 2012 they recommended long eur/usd, let's recall what happened pull up your charts to find out.

Long term, eur/usd will hit 1.40 or beyond this year no doubt. USD will continue to be funding currency as long QE exists.

It's all about who's expanding their QE balance sheets. Euro-zone is not, yet Japan and USA are.
they called that at the bottom now eu has been rising for a while so i would say they are short here.
it is not wise if now you action when lack of understanding!?! I remember ECB also said slowly lift the EUR...
Why do we have to react to a prediction? It's just one of so many countless prediction. It could be right or wrong.

Traders should focus more on trading skills rather than rely on prediction. Remember almost all predictions are unreliable, either it is mine, yours, or theirs, yet we make our own.
They are not completely wrong you know, EUR definitely has room to move to 1.37. Look at the monthly chart and it will become quite obvious.
Quoting staffpro1
all you idiots shorting, he may have been wrong in the past but even a broken clock is right twice a day so this may be the time that he is in fact right and all you people will get burnt
I will do Goldman's call only after it reflects on my charts!
Quoting Fx Hiflyer
i had the worst week ever...lost over 400 pips..........last time i had such a loss was US elections...........missed the euro rally and did not want to join in late.........plus whatever position i took on gold..it went wrong...my timing was all wrong this week..........i hope next week i can make up for all this
Usually when i am totally wrong, this is because i am too '"in" my trading timeframe.

Take an overlook at a higher timeframe, it must help.

D1 could show a small up channel and we now are not far from its resistance. From there it can "round" a little bit and make a third wave down.

But actually my chart says we have some pips more to touch the channel resistance. There, we can see if anything is new for the two currencies.

Actually, i don't see any good reason for the EUR to go down before any fiscal cliff / US debt discussions.
Goldman Is not simple, but I think that Sell would better...may be it up, but not can not down!...^^
Quoting frx_trader
Why do we have to react to a prediction? It's just one of so many countless prediction. It could be right or wrong.

Traders should focus more on trading skills rather than rely on prediction. Remember almost all predictions are unreliable, either it is mine, yours, or theirs, yet we make our own.
Thanks for reminding us.

Never predict: plan two or more scenarios and when one confirms by a key point, go in with known risk/reward.
nothing to say but i believe my chart ..sys..n mm ....i enjoyed..AFTER LONG TIME ..long large comments ...full page....it's cool.....
Say something meaningful or Silence!!
HAH!!! That IS the golden rule!!! There are none. Cheers

Quoting Furdean2
This is the fight with no rules
Quoting Guest
how come??? when goldsman says long then it is long
You have a lot to learn about how making money works.
Quoting Loadedgun
These are traders with basically no more and no less skills or knowledge of the future than the average retail trader - the comments here are to a large extent pathetic and make me feel ashamed to be a retail trader. How is it that you are not ready to take responsibility for your trades and still call yourself a trader? What do you imagine these guys have that you do not have - four balls?
When you are trading big money and making markets, your skill as a trader means jack shit in the success equation. The only think that matters is how fast you can get information and how fast can you spread misinformation.
Quoting mfoste1
The only think that matters is how fast you can get information and how fast can you spread misinformation.
100000000000000% true.
Quoting Guest
how come??? when goldsman says long then it is long
Goldman Sachs and companies like it are scoundrels. They will still from the widow and the orphan. They are like the 16th century roman catholic church; then the church was the tallest building in town, now it's the bank. They simply want the suckers to buy so they have orders in the market to sell against. The Man wants more Gold (your gold) in his Sach (sack).
It's "steal" not "still" (:
  •  Guest
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eu rises till fiscal cliff/ceiling debt talks come back. do not forget about elections in Italy. Bunga Bunga will cause some concerns and risk to arise as the elections approach...february is gonna be negative for markets
Thanks buddy for the time to teach me this. I will use it in line with my system and see what comes out of this. Regards.
Quoting jonahky7
Buddy, it's not too difficult though it took me sometime - I lose some pips but gain more pips too.

The trick is to start with a basic RS lines - with RS lines known, you can then plot daily R1-3 pivot and S1-3 on your chart. BTW, I wrote my own EAs - these are 2 of the basic indicators I used. But different people have different trading style

Once a trend is seen, e.g. in this case up I follow a 60-80pips long then close or lock TP at the previous R line, scalp a bit 20-30 for short then re-long again (rinse and repeat sometime) - there...
Are these the same analysts who upgraded apple to 1000$ target when it was 700?
even a broken clock is right twice a day, goldman sachs will be right this time, buying eurusd is the easiest money you will ever make
and here we are todayyy.Euro at 1.3000
I have a magic cristall ball and I can say they were right ;-)
The future(s) is mine!Risiko birgt immer auch die Chance.
Traders need to apply Target Length of Time and nobody does this.
Everyone is correct! Just for how long?
In 2 months time Yes , I see the 1.37 EU
Monday, Tuesday this week - Lower.............She Blows..............
The More You Learn, The More You Earn.....
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  • Posted: Jan 11, 2013 8:20am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 112  /  Views: 22,839