DislikedHi hussin
eurcad and auscad maybe setting up for short at the daily closeIgnored
- #2,686
- Sep 1, 2008 9:11am Sep 1, 2008 9:11am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
forming bearish falling 3 methods in EURUSD H4
Are you saying Eur/US heading south. is there a solid confirmation according to your charts.? Please elaborate. Thanks.. I am trying to get my shirt back.....
Markets are not Random, they are designed!
- #2,689
- Sep 1, 2008 9:16am Sep 1, 2008 9:16am
- Joined Nov 2007 | Status: beginner | 7,828 Posts
Hello Hussin,
Are you saying Eur/US heading south. is there a solid confirmation according to your charts.? Please elaborate. Thanks.. I am trying to get my shirt back.....
my viewpoint for weekly is above 1.47 or 1.48 then fall below 1.42 or 1.43
- #2,690
- Sep 1, 2008 9:17am Sep 1, 2008 9:17am
- Joined Nov 2007 | Status: beginner | 7,828 Posts
Hello Hussin,
Are you saying Eur/US heading south. is there a solid confirmation according to your charts.? Please elaborate. Thanks.. I am trying to get my shirt back.....
- #2,691
- Sep 1, 2008 9:19am Sep 1, 2008 9:19am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #2,695
- Sep 1, 2008 10:09am Sep 1, 2008 10:09am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
woooh, what nice moves, especialy on the aud. I thought new york is closed because of holiday in the US ?
aud/usd my target nearly reached...
aud/usd my target nearly reached...
- #2,696
- Sep 1, 2008 10:18am Sep 1, 2008 10:18am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
it's a good question
i think we will see a close window for GBPYEN -GBPCHF
but maybe tomorrow or in the next days
i have gone A samll long GJ last night for close window .im waiting for close this window
I see a change in pound from currencys gbp/usd (seems ~1,80 seems a support), eur/gbp seems to have a top, but pound against the yen...
The yen on the other currencys is working good short (e/j, usd/jpy, aud/jpy).
How about a new low compared with the low from march ?
- #2,697
- Sep 1, 2008 10:52am Sep 1, 2008 10:52am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
hm....I`am not convinced, that selloff GU is over...
On the one 1 h chart we see on every low a kind of piercing line pattern
formed from 2 or 3 candles, then up, then a time of consolidation sideways, and then bump down again.
I`am small long, but I should have waited for 1,81 forming a new higher high.
On the one 1 h chart we see on every low a kind of piercing line pattern
formed from 2 or 3 candles, then up, then a time of consolidation sideways, and then bump down again.
I`am small long, but I should have waited for 1,81 forming a new higher high.
- #2,699
- Sep 1, 2008 11:28am Sep 1, 2008 11:28am
- | Joined Jun 2008 | Status: KISS=Keep it simple and Stupid | 131 Posts
woooh, what nice moves, especialy on the aud. I thought new york is closed because of holiday in the US ?
aud/usd my target nearly reached...
You still holding your position through RBA news or ....
???Take care
- #2,700
- Sep 1, 2008 11:56am Sep 1, 2008 11:56am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Green pips for you
You still holding your position through RBA news or ....
If there is a rate cut, it i easier for banks to lend other banks money, because there is less interest. So, this might be bullish for the aud in short term.
For example, I observed the rate decision (rate hike) of the EZB for the euro. The rate hike made lending between banks more expensive, which was bad for the euro, it turned bearish.
But in longer term the differential between high interest aud (7,25), and low interest (for example jpy 2,0) makes carry trades less attractive, so aud/jpy has to drop longterm.
I realy like to hear other opinions about the effect of the aud rate decision this night
Just found:
http://www.forexfactory.com/news.php?do=news&id=103450