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- 27 Results (1 Thread , 26 Replies )
- MurongYan replied Feb 10, 2019
I think the bottom for the day has been set; we're going up from here. GLTA bulls! Only a break of 1.1310 should worry the bulls, with other defence coming in at 1.1280-1.13 region.
- MurongYan replied Feb 10, 2019
Trade idea: Buy with TP 1 at 1.14. SL @ 1.1300-1.1310 if you like tight SLs, SL @ 1.1280 if you are alright with wider SLs. Euro has been under pressure the last week; I expect some relief rally. On the EU chart, triple bottom forming a base for a ...
- MurongYan replied Feb 10, 2019
I use Pepperstone and it stops gold trading earlier than the usual market hours. This could be the reason why there could be a discrepancy between your Oanda closing price and the real market price. Just putting in a guess here. I always have a good ...
- MurongYan replied Feb 9, 2019
Indeed...For instance, I do not trade AUD pairs anymore. This stems from my belief that it is extremely sensitive to the US-China trade deal and news there can easily move it; unlike the Brexit issue, I think it is nowhere near resolved. Should I ...
- MurongYan replied Feb 8, 2019
1.1320 held, I believe next week will be a bull week for EU. Buying here would be a good entry price, with SL 1.13 or 1.1310 if you prefer tight SLs. Just a potential trade idea; enjoy the weekend everyone!
- MurongYan replied Feb 8, 2019
Hopefully February will be a really really good month!
- MurongYan replied Feb 8, 2019
Good entry imo....Good luck...Very certain you will get green pips.
- MurongYan replied Feb 8, 2019
I am with Pepperstone, fingers crossed, so far so good.
- MurongYan replied Feb 8, 2019
I already mentioned (not in this thread though) that euro is weak. I was away from the terminal, but GBP seems to be sold at the moment (perhaps some Brexit news) and that will evitably drag down EUR as well. EU is sitting at a double bottom base ...
- MurongYan replied Feb 8, 2019
AUD is like a punching bag ever since Trump mentioned that trade talks are not progressing as smoothly. Looks like 2019 will be the same story for the AUD...very suspectible, slow rallies, fast selldowns. Personally, I won't be taking any long ...
- MurongYan replied Feb 8, 2019
I am expecting UJ to rally as well, a breach of 110.23 can pave the way for a new bullish trend towards 113.
- MurongYan replied Feb 8, 2019
Seems to be holding up well, I expect a rally in this pair after London close. In my opinion, a break of 110.23 could signal a new bull trend.
- MurongYan replied Feb 8, 2019
EUR/USD and GBP/USD are both at resistance levels at the moment; we will have to see if we break through and have a breakout or will this be a bearish rejection.
- MurongYan replied Feb 8, 2019
Totally agree with you. Hate these scums.
- MurongYan replied Feb 8, 2019
Let's watch this area now...1.2975-1.2980 can turn out to be a breakout zone...
- MurongYan replied Feb 8, 2019
Bullish case will be re-established if we can close above 143.
- MurongYan replied Feb 8, 2019
Yes, expecting a strong surge up if cable is able to take out 1.2975-1.2980 with momentum.. Let's see..
- MurongYan replied Feb 8, 2019
I believe GBP news will affect EUR as well, to an extent; and vice versa. AUD and NZD probably works the same manner as well. Some people believe that news are the stimulus that move pairs in the direction, others believe that news will only have ...
- MurongYan replied Feb 8, 2019
Do you mind sharing what book is this? What was the context?
- MurongYan replied Feb 8, 2019
Last night, cable rose strongly during the NY session, so we might see the same when NY opens in 15 minutes time. I think we will make another run for 1.3; as to whether we breach it and hold above is another matter. But I'm darn sure we will make a ...