hehe
ok so on 15 min chart g/j whit fibo i see 3 price nice 204.41 , 201.43, 202,00 there can be bonuses prince. ?
ok so on 15 min chart g/j whit fibo i see 3 price nice 204.41 , 201.43, 202,00 there can be bonuses prince. ?
- #142
- Edited 7:55pm Apr 17, 2008 7:46pm | Edited 7:55pm
hehe
ok so on 15 min chart g/j whit fibo i see 3 price nice 204.41 , 201.43, 202,00 there can be bonuses prince. ?
might retrace to 202. 50EMA on daily chart is engaging price now!!! Also 203.05 and 202.20 are FIB and pivot's. Price is at overlapping fibs right now along with 50EMA on daily chart and Daily Pivot
Looking good Kirm.
I will be short most of next week probably, but I think GY is going up in the months to come!!
- #143
- Apr 17, 2008 10:04pm Apr 17, 2008 10:04pm
So here it is! I think price is coming down. Price on the GJ is hitting the 50 EMA on the daily chart. As well as overlapping fibs and a daily pivot. I am a little late on this by almost 60 pips. Anyways. I am seeing price going down on friday for the classic selloff. 
Maybe even into next week I think we should see some downward breathing room before we see some serious upward surge.
Put it in the bank
Piitb
Maybe even into next week I think we should see some downward breathing room before we see some serious upward surge.
Put it in the bank
Piitb
- #149
- Apr 18, 2008 12:35am Apr 18, 2008 12:35am
A few factors for consideration - U/J expected to hit 103 before massive shorts kick in and lets not forget Friday earnings reactions which will be the true market indicator for the day.
And by radar I mean the Forex Factory main page. hehe. LOL
Any predictions for the week to come? I say short but I am exceptionally good at being wrong in hindsight. I think this thing needs to blow off some steam. But I see it resuming uptrend after market correction
hopefully.
so how about EURUSD?
still uptrend,
but for near trend are u agree we go to short?
A lot of people are looking for further collapse of the dollar. I think that the problem is actually in the EURO. Germany is the strongest economy in the EU and it is becoming a problem, in that interest rates that must be set will over inflate Germanys economy or stagflate the lesser of the EU players like spain, france, italy.
I think on the other side of the coin the US is going into an election year. A lot will change for the US dollar much to the positive. What we have to consider here is the value of the dollar in foreign economies. China for instance. They do not want the dollar to fall. That would end their ability to fleece us on the trade deficit!lol The G7 conference talked about the dollar and how to support it. That is why the market gapped so hard this last weekend. And the bears sterns bail out will be a huge rebound in the long run.
Go dollar! Go dollar! Yay
or i could be totally wrong.
I covered before price action got to my 50 EMA. Here is my reason. This is a scalp!!!! I am not going to marry this trade. If it goes back on me I have to decide whether to take loss or small profit. I got out at the most profit that I had seen yet!!!!
Another reason if you look at my chart. You will see the price was engaging the 50 % fib as well as a previous high. It is only a 5 Min chart, but I do not want to be in this trade for another 30-45 minutes.
I made 8 pips.
Put it in the bank
Another reason if you look at my chart. You will see the price was engaging the 50 % fib as well as a previous high. It is only a 5 Min chart, but I do not want to be in this trade for another 30-45 minutes.
I made 8 pips.
Put it in the bank
- #159
- Apr 20, 2008 10:20pm Apr 20, 2008 10:20pm
If you have a paypal account i will pay you to talk to me!!!!!
(just kidding)
literally 5000 people look at my post and like 4 People have anything to say?
Does anybody on Forex Factory talk about scalping?
(just kidding)
literally 5000 people look at my post and like 4 People have anything to say?
Does anybody on Forex Factory talk about scalping?