Forex Forcast

Today : Dec ,13,2006
Time : 7:45 Uk
Current Price: 1.3269

From Today I Decided To Give Some Trding Forcasts With Probablity Of 90%

Sell Eru/usd @1.3305 Target 1.3240 Stop 1.3340

Tnx for your reco farhadfx110, based on your reco it is a buy limit order M I right? I have two questions in mind:

1. Why dont we buy 1st @ 1.3269 in order to profit if the market hit your 1.3305?
2. What if the market goes down and failed to reach your buy limit order do you have any alternative order?

Hoping for your swift reply tnx in advance!:-)

THX

1- u know how many tarder losing money in forex market.so i think losing opurtuninty is better than losing capital.so a succesfull trader should find best entry point and best exit point.for today i stated best entry point .
2-market is at consolidation state or in better words (forth correction wave of elliot) so i will not accept risk of buying now .just waiting .

3-break of my stop means again bullish.


best regards

Tnx for your explanation very well said keep posting ur reco farhadfx110
happy trading bro!:-)

Hi,

"From Today I Decided To Give Some Trding Forcasts With Probablity Of 90%"

What do you base this statisic on? 90% accruate is a strong number.

thanks much,
Scott

Actually 90% is a very strong number....If I have 90% probability in my forecasts I would have been the richest man in the world in the matter of a couple of months given the extreme leverage in the markets out there...

I am also interested at how you calculated this probability percentage as industry experts rarely have over 60% probability in their forecasts...


Thanks,

Nader

rip pips and be merry .. ho ho ho !