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Attachments: markpro's EUR/USD thread
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markpro's EUR/USD thread

The reply was not of the usual high quality to be found at FF. On the other hand have you looked at any of the Eur/$ threads? Lots of informed folks there and you can jump right in.

Lou
Looks like we hit 1.3500 after all.
Quoting markpro
That's not very nice.

This is a discussion thread, not anything else. Is ok for members to post what they see or feel.
Mark,

Don't take it personally. You've started 6 threads in the last two weeks that all pertain to the EUR/USD pair. They all center on your inquiry of the price reaching 1.35. Nothing wrong with that, other than cluttering an already messy thread board.

By the way, you forgot to thank me for my buy recommendation. Typical.
MM

That I have to apologise for not thanking you. Sorry buddy! No hard feeling ya!
Quoting markpro
MM

That I have to apologise for not thanking you. Sorry buddy! No hard feeling ya!
No prob Mark. Hey did you notice that Merlin merged all 6 of your threads into one super duper "Markpro's EUR/USD Thread". You're officially a FF rock star!!!

Alright, let's get down to business. Although I dislike speculation, here's what I'm thinking. USD will be getting stronger sometime this year (based on fundamental indicators). I'm not sure when exactly, but if I were a betting man, I would say sooner than later. See attached image for a possible reversal area.

MM
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 73 KB
A very huge drop for EURO! What happened? Is this usual? Every year at this time is it the same?

Guys, thanks for all your feedback!
I noticed the EUR is not moving well as we speak now. Any idea what's happening? I had a discussion with a few traders some said this will happened for the next weeks.

Any comments guys?
...i believe ecb precident trichet is due to speak in the afternoon - is this what traders are waiting for? to me, EUR/USD is looking very bearish. we might even test 3200...bad for me as i am currently long
Free

Me too. Having long waiting for the good to come. Let's put our finger cross!
...i am tempted to close my position at a loss. although the ecb might be hawkish, what is really weighing on traders' minds is the fact that the fed is definetly NOT going to cut rates for the remainder of 2007.
Can someone forecast when is the EUR/USD will be bullished?
the spread is only 2 pips, why not exit and re-enter after speech???
100% of traders are losers. Just that some win more than they lose!
I have been noticing the trend isn't moving well from this morning till now at this hour as we speak. It ranges a small pips from UT to DT and UT again.

Any comments?
I'm into an investment program for 3 years now paying very well, I mean the payouts NOT the % returned.

Last year we were paid 20% per month but early this year we were paid a very small amount of % such as 5% to 8% per month. According to them the Forex returned is no longer as good as year before this.

Is this true guys? I just started to pick up forex skills early this year
Quoting markpro
I'm into an investment program for 3 years now paying very well, I mean the payouts NOT the % returned.

Last year we were paid 20% per month but early this year we were paid a very small amount of % such as 5% to 8% per month. According to them the Forex returned is no longer as good as year before this.

Is this true guys? I just started to pick up forex skills early this year
Man, Forex has not a fixed return (in fact is not an investment place, it's a market). And as in every market, what you earn depends completely on how good you do in your trading. You may lose, you may win.

The only valid explanation would be that current market conditions are not favouring their system.

However... 5%-8% a month is not a small amount! It's just great.
Based on today's movement is it normal?

Do we have to wait for the trend to move up or trade now?
Has the movement changes it's trend??? It seems that the trend is NOT moving well. It goes down and down and down....

When is the best time to trade?
Markpro--if you are a complete newbe, check out the Cornflower system and relax.
Cornflower system....?
never heard of it. do u have this? if yes can u pls post it here?
  • Post #60
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  • Last Post: Jun 12, 2007 11:26am Jun 12, 2007 11:26am
Look at the trading systems thread and go to the cornflower hourly system. I think you will be pleased.
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