(takes another serving of patience pill waffles)
Edit: arezab's chart is here: http://www.forexfactory.com/showpost...stcount=123352
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Quoting AuslancoDislikedLet me answer you Wacky Guy,
Here is the Technical reason why it will reach 200 and above in the coming weeks. Now , I do not know how long you have been trading Forex. But Let me remind you something, You do not need the support of the fundamentals to get this pair to 200. Fundamentals only gives spikes. Fundamentals are like a fart without a smell. Only the noise. Technically the price points towards 200+. Atleast according to my charts. So.. Even if all the top 10 US banks file for bankruptcy within the next 24hrs, this will only spike down and next day it will retrace back to where it all started. Thats because usually the technical moves are much, much stronger than the fundamentals.Ignored
DislikedFunny, As soon as market goes down 10 pips everybody scream short short short ... And if it goes up 20 pips then I hear screams long long long ....
Just Amazing
Wait for correct setup to enter the proper trade to make green pipsIgnored
DislikedFunny, As soon as market goes down 10 pips everybody scream short short short ... And if it goes up 20 pips then I hear screams long long long ....
Just Amazing
Wait for correct setup to enter the proper trade to make green pipsIgnored
Dislikedso ya know why?
it s because no one has a clue about the right direction short term so it s just bluffing a gameIgnored
DislikedFunny, As soon as market goes down 10 pips everybody scream short short short ... And if it goes up 20 pips then I hear screams long long long ....
Just Amazing
Wait for correct setup to enter the proper trade to make green pipsIgnored
DislikedForex is not the gambling game. You can bluff in casino not in forex. Unless you are tending to blow up your account...
Do not play forex, make it work to make pipsIgnored
Dislikedwell I stopped out with GJ for +15 pips ... closed my long with AU for a +180 and my shorts with EA (2 positions) for 450 + 380 = +830 pips.
I think GJ might fall into range mode again as a long term maturing triangle or something which may take weeks to complete ... just my view ... though I might be totally wrong
CheersIgnored
DislikedI agree. If it not break out one way or the other we will have a daily
hanging man or harami pattern (http://www.candlesticker.com/Cs41.asp) on sunday opening. Both a less reliable bearish pattern, which need confirmation.
The weekly might end as a nearly perfect high wave candle.
http://www.candlesticker.com/Cs12.asp
Its a neutral candle without direction, showing perfect indicision in the market.Ignored
DislikedI do not know who gave the name \"harami pattern\"
because the word \"harami\" has a meaning in IndiaIgnored