DIV on daily chart
.DIV for bear.
this will let me keep my short longer.
.DIV for bear.this will let me keep my short longer.
- #166
- Jun 25, 2008 12:38pm Jun 25, 2008 12:38pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
here an one-hour chart from 18.03.08, when Federal Funds Rate was cut 0.75, which was usd bullish, there was a 200 pip move up.
this time i expect up down up down and back to business, which
means down.
Hope the jen-crosses move a bit, they are all boiling hot.
Oh, if they increase the fund rate, this would be a suprise. Maybe
a lot of pairs would push trough their resistances.
this time i expect up down up down and back to business, which
means down.
Hope the jen-crosses move a bit, they are all boiling hot.
Oh, if they increase the fund rate, this would be a suprise. Maybe
a lot of pairs would push trough their resistances.
- #167
- Jun 25, 2008 1:26pm Jun 25, 2008 1:26pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
so, no suprise....back to business... 
- #170
- Jun 25, 2008 2:12pm Jun 25, 2008 2:12pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
well, that depends on the timeframe, on which you are trading.
On daily mine is 1.02, but if channel breaks, it expect much more down,
161.8 fibo extension might be nice. BUT, this might took weeks.
Ohh, i see, 3 posts, you might be a newby like me (1,5 years forex experiance). Don´t follow this blindly, make up your mind, have a good money management, less indicatores, trade small lots, don´t give up, learn to make your own decision. It took time.
And have fun
On daily mine is 1.02, but if channel breaks, it expect much more down,
161.8 fibo extension might be nice. BUT, this might took weeks.
Ohh, i see, 3 posts, you might be a newby like me (1,5 years forex experiance). Don´t follow this blindly, make up your mind, have a good money management, less indicatores, trade small lots, don´t give up, learn to make your own decision. It took time.
And have fun
- #174
- Jun 25, 2008 2:45pm Jun 25, 2008 2:45pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
My pending long just above today's high was not triggered.
No Long Gbp-Chf trade
from 2,025 trendline up, and after this we will go down (wishfull thinking).
Lets see.
- #178
- Jun 25, 2008 4:23pm Jun 25, 2008 4:23pm
- | Joined Mar 2008 | Status: Sniper | 1,001 Posts
DIV on daily chart
this will let me keep my short longer.
Am holding heavy shorts looking for more downside b4 Friday. Just shorted cable too
Money & Pain
Respect the market, protect your capital, be patient
- #179
- Jun 25, 2008 4:25pm Jun 25, 2008 4:25pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
do you notice that quadruple bottom on your chart?
a tuff nut to crack.BUT: we had a hanging man 2 days before and there will be a 3 bearish
crow. Daily pattern rules. If you look in history of japanese pattern trading, they are reliable, since a few hundert years. If I´m not right, i debt you a beer ...
- #180
- Jun 25, 2008 4:27pm Jun 25, 2008 4:27pm
From your spelling Peaches, I'd say you've already had a few beers!
yes.
BUT: we had a hanging man 2 days before and there will be a 3 bearish
crow. Daily pattern rules. If you look in history of japanese pattern trading, they are reliable, since a few hundert years. If I´m not right, i debt you a beer ...
Trade what you see - Not what you think 