and why price is moving against the trend coz of the news.
as you see only my post is the last one so all the traders will take long position that is why price is going down coz i said for you before that all the traders in those threads the buyers and sellers.
but it will go up with the trend sooner or later and here is my usd/chf charts prove the up trend for the usd pairs.
have fun traders.
Ignored
ever since i have been reading your posts you have been advocating for a long position but the trend has always been down .how do you read your chart.
Joined Nov 2007
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Status: the path is very well lit now
|276 Posts
i try to go long for a retrace in 95.79 (LL of 2008) only 20 pips to enter (maybe 80 pips retracement from that). i still think that this could be a DB formation in that price. if is broken, then around 80 is most probably target without any another intervention of the markets....
you can watch the analysis i made a year ago here: http://forum.fxopen.com/showthread.php?t=9410
you can see that probably target is 1º the lowest low ever and then the around 49 yens..jejeje we know that this is just a dream, because many countries will ruin.... OH MY GOD!!!! IT COULD HAPPEN NOW!!!!!
i posted yeterday forecast the the continuation
the up trend in all usd pairs like usd/yen,usd/chf
usd/chf played very well, but the usd/yen are correlated very wel lto the usd /chf the last 10 hours.
because of the (news).
as i said before all the buyers and sellers in those threads ,
so if you found everyone post focused on the up movement will happen (up trend), so the price will go down coz all the traders will take long positions & visa verse.
so the trend is up coz the usd/chf is so bullish as shown in my charts and as you know usd/chf is the one that controll all the usd pairs.
and here is my powerful weekly chart for the usd/chf to let you the big breakout of the up trend.
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Joined Feb 2008
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Status: I DEMOED WITH REAL CASH
|56 Posts
if we have a clean close under the formation of the DB line that means the down trend continues but if we end up having a reversal candle here it is a strong reversal signal.
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Joined Feb 2008
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Status: I DEMOED WITH REAL CASH
|56 Posts
if we have a clean close under the formation of the DB line that means the down trend continues but if we end up having a reversal candle here it is a strong reversal signal.
first of all i thank Allah for all that progress in Da market.
i hope you guys are doing well in that kinda aggressive market.
about usd/yen was under retrace activity for while move against the trend .
but usd/chf was playing very good with the trend
and here is my charts full of up trend breakouts in usd/chf which will drag usd/yen to complete his up trend cycle.
and dont forget the fundamental aspect guys.
as i said before all the buyers and sellers in those threads ,
so if you found most posts focused on the up movement will happen (up trend), so the price will go down coz most of the traders will take long positions & visa verse.
that is why usd/yen was move against the trend .
try to be smart my friend and dont let minority (20%) who always wins fool you, and the peter way to not be fooled is to be part of them
