I think we have good news (US)..
new high oil/euro/cable/ doing well now..
yen/chf..down...
we should wait now...
just watching..
new high oil/euro/cable/ doing well now..
yen/chf..down...
we should wait now...
just watching..
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedShall we have a poll??
A) after 1000news, Sharp UP, slowly down
B) Sharp DOWN, slowly up
C) down all the way
D) up all the wayIgnored
DislikedNot thinking it will bounce off that broken neckline support/retest as resistance? Just interested in your insightIgnored
DislikedShall we have a poll??
A) after 1000news, Sharp UP, slowly down
B) Sharp DOWN, slowly up
C) down all the way
D) up all the wayIgnored
DislikedI'm only counting from latest move down (1.4706); neckline should be little higher, right?Ignored
QuoteDisliked
Aug. 26 (Bloomberg) -- Hurricane Gustav is forecast to make landfall later today in Haiti and may enter the Gulf of Mexico, home to more than a fifth of U.S. oil production.
[..]
Oil Production
``It may disrupt the production of oil next week,'' said Paul Walker, a meteorologist at AccuWeather Inc.
DislikedI will try to suggest to those that do not make money every month how to trade properly in order to win in Forex. Look at what just happened in USD/JPY just now ...
Look at where EUR/USD is going for the moment.
This was not an accident. You NEVER would get the Move in USD/JPY only on Technicals.
First of all since August 7, 2008 when Trichet spoke at 8:30 AM the Forex Markets have been in a Twilight Zone...
The EUR/USD came down from 1.5500 ! The GBP/USD came down from 2.0000 to 1.8373
Things were way too much overdone. That does not matter now.
What matters is to think that the Fundamentals have changed just because the charts are adjusting to the lower prices.
Just for the Record here is what I have done in the last 24 hours using the charts just to check what the market psychology was.
I was short USD/JPY from the Top near 110.00 and I stayed out of EUR/USD as I had said previously until after the IFO. I waited until it settled and then I bought it over 50 times and sold it over and over in blocks of 100K
All the while the EUR/USD was causing the USD/JPY to go Up. Then the Case Schiller at 9:00 AM came out and the markets moved quickly. As EUR/USD reversed it brought USD/JPY down until it broke a support level.
It was all there in the fundamentals.
Now the charts in USD/JPY are saying down but yesterday they were saying UP.
Bottom Line ...
Very Few Traders will WIN every Month only using the Technicals. If you do that is great. If you want to learn the proper way then watch the Video and learn about fundamentals.
I am starting to think there is not much hope for those who are so smart that they know it all. I have MADE Enough money for now. I am taking a Break.
I have done over 100 FX trades of 100K ... That is Ten Million Dollars. I trade in blocks of 100K I lock in profits when I have more than 10 PIPS. If it reverses I am out and get back in.
Later Folks !!!
One More Thing ! I Will Not Give Anyone Calls To Trade On. I will teach you how to do it.
My Job is to teach not to give calls. Make your own calls. Also for the last time I DO NOT NEED TO PROVE ANYTHING and I will NOT EVEN TRY in the Future.
I can teach some of you how to FISH for yourself. I will NOT catch the Fish for you.
Best Regards
BruceIgnored
DislikedShall we have a poll??
A) after 1000news, Sharp UP, slowly down
B) Sharp DOWN, slowly up
C) down all the way
D) up all the wayIgnored