Dislikedpeaches
you seem to have a pretty good handle on the technicals, do you do pretty good in your trading? I'm thinking more downside next week, but I was reading this article about on of the reasons the usd gains during the asian session. what do you think?
http://www.reutersfxhub.com/fxhub/bl...dollar_sellingIgnored
well my account grows since 3 month. 15 Month before, i lose. i tried different systems, and have found hussins daily candle thread, learned candlestick pattern, and only traded the daily. also added a few well known indicators, see chart.
Its third time usd tried to break 1,58 - 1,5850, which represent
a lot of dollar weaknis. I think eur/usd might go to 1,62, which is top (for me). Here i differ from a lot of senior traders here in the board,
which see eur/usd 2,0 longterm.
fundamental i read bloomberg.com
Also please have a look for longterm outlook
http://www.forexfactory.com/showpost...postcount=1227
and carry trade unwinding:
http://www.forexfactory.com/showpost...postcount=1232
http://www.forexfactory.com/showpost...2&postcount=12
I just took a look into the past, and the behavior of yen-crosses, gold, GBPUSD, DJI, VIX, and TNX. And I compared it with the priceaction and status of my indicators now.
Big drop aproaching IMHO.