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  • #12,341
  • Jun 27, 2008 1:08pm Jun 27, 2008 1:08pm
Quoting FXCapitalist
Talk about a bull run whats your target on me making it to 1000! LOL

Wow, I finally can post!!! I have been watching this forum 2 days ago and was able to make some profit on my trades. I am a noob and has been losing monies until I read from you guys! Keep up the good works guys, not alot of guys appreciate your analysis here by saying out loud (like me!) but they are benefiting from it.

Thanks a bunch!
  • #12,342
  • Jun 27, 2008 1:11pm Jun 27, 2008 1:11pm
Quoting ForexSpaz
Wow, I finally can post!!! I have been watching this forum 2 days ago and was able to make some profit on my trades. I am a noob and has been losing monies until I read from you guys! Keep up the good works guys, not alot of guys appreciate your analysis here by saying out loud (like me!) but they are benefiting from it.

Thanks a bunch!

no prob, dont take anything i say as investment advice, im not responsible for what happens to your account.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,343
  • Jun 27, 2008 1:19pm Jun 27, 2008 1:19pm
Here's OIL uptrend....

Notice the triangle break that happened this week.


Attached Image(s) (click to enlarge)
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Click to Enlarge Name: oil_h4_27_06_2008.gif Size: 16 KB
  • #12,344
  • Jun 27, 2008 1:19pm Jun 27, 2008 1:19pm
Quoting FXCapitalist
no prob, dont take anything i say as investment advice, im not responsible for what happens to your account.

Hahaha, and I read alot of that phrase too! I will sue you if your analysis went wrong! lol! But so far I leave you alone since you haven't get it wrong yet

I have been trading base on the RSI showing when it is oversold or overbought to buy or sell. It works quite few times but doesn't work when news come out or there is an obvious trend like we have right now. You guys pointed me out, so I rather wait for it to go down and trade up again than to trade down when the trend go up.
  • #12,345
  • Jun 27, 2008 1:20pm Jun 27, 2008 1:20pm
Quoting jupiter_peak
Here's OIL uptrend....


that large ascending triangle makes it look poised for another break upwards in a few months or so.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,346
  • Jun 27, 2008 1:21pm Jun 27, 2008 1:21pm
Quoting ForexSpaz
Hahaha, and I read alot of that phrase too! I will sue you if your analysis went wrong! lol! But so far I leave you alone since you haven't get it wrong yet

I have been trading base on the RSI showing when it is oversold or overbought to buy or sell. It works quite few times but doesn't work when news come out or there is an obvious trend like we have right now. You guys pointed me out, so I rather wait for it to go down and trade up again than to trade down when the trend go up.

Trust me you sue me you wont win, and if I'm wrong I usually keep it to a minimal loss.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,347
  • Jun 27, 2008 1:23pm Jun 27, 2008 1:23pm
Quoting jupiter_peak
Here's OIL uptrend....

Notice the triangle break that happened this week.


What do you think about platinum lol possibly to 4000 in 6-12 months, that looks unstoppable.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,348
  • Jun 27, 2008 1:24pm Jun 27, 2008 1:24pm
Quoting Optimum
e/u short time
you better cover your short here we go.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,349
  • Jun 27, 2008 1:29pm Jun 27, 2008 1:29pm
OIL selling !!!
crazy dayyyyyyyyyyy
  • #12,350
  • Jun 27, 2008 1:29pm Jun 27, 2008 1:29pm
Thoughs on the eu going down next week for a correction????
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  • #12,351
  • Jun 27, 2008 1:32pm Jun 27, 2008 1:32pm
Quoting emda
OIL selling !!!
crazy dayyyyyyyyyyy
don't worry about it. it's a retrace
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,352
  • Jun 27, 2008 1:39pm Jun 27, 2008 1:39pm
E/J

breakdown inevitable by sunday. reverse by weds. if i'm wrong I still win on the position, but i doubt that it will reverse before next thursday's ECB decision.
Attached Image (click to enlarge)
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"Diversification is an excuse for a lack of talent" ~FXC
  • #12,353
  • Jun 27, 2008 1:40pm Jun 27, 2008 1:40pm
FXC, would you leave your long over the weekend? Or would you close all your positions before the weekend?
  • #12,354
  • Jun 27, 2008 1:43pm Jun 27, 2008 1:43pm
I dont know I will see, I'll be paying about $40 in swaps if i do, it may be worth it. If i do I'll scale it out 10 min before close. It really depends on how I feel.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,355
  • Jun 27, 2008 1:45pm Jun 27, 2008 1:45pm
Keep talking drive down the market more. LOL he actually talked about Bloombergs magazine on CNBC
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,356
  • Jun 27, 2008 1:46pm Jun 27, 2008 1:46pm
Quoting meepatme
Thoughs on the eu going down next week for a correction????
Dow Jones. High oil prices, weak U.S. stock markets and the European Central Bank poised to raise interest rates provide a seemingly perfect storm for the dollar to drop to another record low against the euro next week.
But don't bet the farm on it.
The key factor weighing on the dollar in recent days - the likely ECB rate hike Thursday that would give the euro a sizable yield advantage over the dollar - has already been baked into the cake by currency investors. That means the euro, which Friday was trading less than three U.S. cents from its record high of $1.6020, may not gain a whole lot more even if the ECB does lift rates as expected. "I think we could see a recovery situation for the dollar next week," said Ian Stannard, currency analysts at BNP Paribas. "The ECB hike is fully priced into the market and, in fact, I think the market has gone a little too far in pricing in additional (ECB) rate hikes beyond next week."
  • #12,357
  • Jun 27, 2008 1:50pm Jun 27, 2008 1:50pm
E/J in range possibly till close since activity is fading.
Attached Image (click to enlarge)
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"Diversification is an excuse for a lack of talent" ~FXC
  • #12,358
  • Jun 27, 2008 1:51pm Jun 27, 2008 1:51pm
Any predictions on how the EUR/USD will close today before the market closes?
  • #12,359
  • Jun 27, 2008 1:55pm Jun 27, 2008 1:55pm
Quoting Godzgreatgif
Any predictions on how the EUR/USD will close today before the market closes?
My prediction: Flat to 10 pips lower.
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  • #12,360
  • Jun 27, 2008 1:56pm Jun 27, 2008 1:56pm
anywhere above 1.40
"Diversification is an excuse for a lack of talent" ~FXC
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