"Millionaires don't use astrology, billionaires do"
- #601
- Jun 8, 2007 10:48am Jun 8, 2007 10:48am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
- #602
- Jun 8, 2007 10:54am Jun 8, 2007 10:54am
When I buy it, it moves down.
When I sell it, it moves up.
This will make trading forex easier for you.... When you decide to go long then click on SELL button, and if you're thinking of going short then click on the BUY button. This way, the forex "ghost" will get confused and let you win the game.
LOL
This will make trading forex easier for you.... When you decide to go long then click on SELL button, and if you're thinking of going short then click on the BUY button. This way, the forex "ghost" will get confused and let you win the game.
- #606
- Jun 8, 2007 11:42am Jun 8, 2007 11:42am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
I think in next week USD/CAD will be on 1.07
- #607
- Jun 8, 2007 11:54am Jun 8, 2007 11:54am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
If there was only a way to reprogram the trading platform to switch commands with the Buy/Sell buttons... it may just actually work.
- #608
- Jun 8, 2007 11:56am Jun 8, 2007 11:56am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- #609
- Jun 8, 2007 12:08pm Jun 8, 2007 12:08pm
LOL
This will make trading forex easier for you.... When you decide to go long then click on SELL button, and if you're thinking of going short then click on the BUY button. This way, the forex "ghost" will get confused and let you win the game.
People are still going long, the only pair you should be longing at this point is CAD/JPY. Keep watching all the ***/CAD pairs. The key is to establish the Canadian strength against the market. This recent trend can clearly be seen on pairs like EUR/CAD, GBP/CAD, AUD/CAD, whereas on USD/CAD it extends for years back and appears as just more trend (as Cesar and others have displayed). However, more of that move of the past years was related more to the USD weakness than CAD strengh (although there was a lot of that too), this move starting in Feb. is attributed completely to Canada.
The market is my nation. Traders, my family. Hello, brothers and sisters!
- #613
- Jun 10, 2007 6:00pm Jun 10, 2007 6:00pm
- | Joined Aug 2006 | Status: BORED trader | 2,388 Posts
BAM BAM BOOM! -bravado
- #614
- Jun 11, 2007 1:46am Jun 11, 2007 1:46am
lets do a quick momentum study on the weekly chart
short term rsi (3) shows extremely strong negative momentum..last seen in late 2005
midterm rsi (10 + 20) shows the same extrem reading as in late 2005
rsi 20 is showing a momentum divergence for the previous low in mid 2006...then the market made a new momentum low...this is a sign of a sell climax
now anyway, draw you own conclusion....
short term rsi (3) shows extremely strong negative momentum..last seen in late 2005
midterm rsi (10 + 20) shows the same extrem reading as in late 2005
rsi 20 is showing a momentum divergence for the previous low in mid 2006...then the market made a new momentum low...this is a sign of a sell climax
now anyway, draw you own conclusion....
