you are welcomed to post your analysis.
do not worry about what others say. trade your ideas if you believe it is correct.
do not worry about what others say. trade your ideas if you believe it is correct.
- #45
- Feb 10, 2008 6:38am Feb 10, 2008 6:38am
What about Aud/Jpy? Anyone can give comment on what is going to happen on this pair next week. Suppose if all yen crosses will fall or rise next week? According in dailyfx in technical analysis made by them, carry trade now is stablize.
From what I know, next week the best for carry trade pair is Cad/Jpy. If related to news/fundamental side, the carry trade should be unwinding for Euro/Jpy, Gbp/Jpy but unsure for Aud/Jpy because the Gold prices is likely to rise. Anybody can comment about this matter?
Thanks in advance.
It seems there is much prediction with this pair right now, maybe for those that are thinking it will go up...could you indicate why? vice versa for those who are thinking it will go down. If you could inidcate your reasoning is from a fundamental or technical perspective too, that might help others understand as things the way you see it.
My bias is up, long term trend on a monthly, weekly, and daily chart. How long will I hold on this postion? After the February candle forms, I'll post again.
One thing I find funny with many of the threads on this site is their conviction in their directional predictions. If you can agree with the fact that you are willing to expose yourself to only 2% of your trading capital - a good risk management rule - I would say with a 2% conviction that this pair is going up think about it, I'm not selling the farm nor should you...so why are some of you giving an absolute one-outcome-only scenario? To me that is screaming rookie traders that measure their successes in being right.
My bias is up, long term trend on a monthly, weekly, and daily chart. How long will I hold on this postion? After the February candle forms, I'll post again.
One thing I find funny with many of the threads on this site is their conviction in their directional predictions. If you can agree with the fact that you are willing to expose yourself to only 2% of your trading capital - a good risk management rule - I would say with a 2% conviction that this pair is going up
think about it, I'm not selling the farm nor should you...so why are some of you giving an absolute one-outcome-only scenario? To me that is screaming rookie traders that measure their successes in being right.
- #52
- Feb 11, 2008 6:14am Feb 11, 2008 6:14am
- | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
Let me begin. I think upwards beyond 1.9400 eventually. Why?
http://www.forexfactory.com/showpost...0&postcount=33
http://www.forexfactory.com/showpost...0&postcount=33
It seems there is much prediction with this pair right now, maybe for those that are thinking it will go up...could you indicate why? vice versa for those who are thinking it will go down. If you could inidcate your reasoning is from a fundamental or technical perspective too, that might help others understand as things the way you see it.
My bias is up, long term trend on a monthly, weekly, and daily chart. How long will I hold on this postion? After the February candle forms, I'll post again.
One thing I find funny with many of the threads on this site is their conviction in their directional predictions. If you can agree with the fact that you are willing to expose yourself to only 2% of your trading capital - a good risk management rule - I would say with a 2% conviction that this pair is going up
- #54
- Feb 11, 2008 7:28am Feb 11, 2008 7:28am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #55
- Edited 8:08am Feb 11, 2008 7:38am | Edited 8:08am
- | Joined Oct 2007 | Status: Technical Trader | 765 Posts
Attachment Hi All I strongly Believe in trendline's & Their break up, PP, S & R level... Well see some analysis about AUD/USD By the help of weekly and 30-Minutes chart's... Also See Euro/Usd BreakUp and My Recent successfull Trade...
- #59
- Feb 11, 2008 9:21am Feb 11, 2008 9:21am
- | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
im so crazy tonigh with AUD/USD
i have 3 position short with lot 0.1 at price 0.9026, 0.2 at price 42 a and 0.4 at 55 and succes with this martingalebut before that my brain will be die
coz price always move up
not any retrace
now i will sleep with my profit
happy trading to all