I am done for the day
but the CHF looks interesting
cheers
TEB
i confused.
- #22
- Dec 5, 2008 12:42am Dec 5, 2008 12:42am
- Joined Mar 2007 | Status: ~~~~~~~~~ | 3,692 Posts
Another interesting and simple method, TEB!
Thanks for sharing it! It will be fun to try it out.
Brent
Thanks for sharing it! It will be fun to try it out.
Brent
- #23
- Dec 5, 2008 9:01am Dec 5, 2008 9:01am
- Joined Mar 2007 | Status: ~~~~~~~~~ | 3,692 Posts
pounds in play
yellow box is target
I marked on your chart just to make sure that I
understand this trade. Is this right? I think so.
I don't understand the effects of Carry Trades but,
I'll look at this subject this weekend.
Have a good weekend everyone!
- #24
- Dec 5, 2008 4:21pm Dec 5, 2008 4:21pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Hi TEB!
I marked on your chart just to make sure that I
understand this trade. Is this right? I think so.
I don't understand the effects of Carry Trades but,
I'll look at this subject this weekend.
Have a good weekend everyone!
But I normally only go for 1/2 or the 50% Fibb
BUT BUT BUT ONLY ONLY ONLY TRADE WITH THE TREND !!!!!!!!!!!!!!!!
1. a trend must be seen. ( the 200 & 100 & 50 emas)
2. Its the trend on the Eur.
3. The trend must be confirmed on at least one other chart
(then the yen gets back in order its better on two charts
.. but its not playing nice)
so in fact its really only the Chf or the pound you are trading
I do know people that will trade the eur when the pound & chf are in line
but I don't.
when the Jen is back in play
I might trade it if all 3 were in line & the eur is not but ...
cheers
teb
- #25
- Dec 5, 2008 9:37pm Dec 5, 2008 9:37pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Hi TEB!
I marked on your chart just to make sure that I
understand this trade. Is this right? I think so.
I don't understand the effects of Carry Trades but,
I'll look at this subject this weekend.
Have a good weekend everyone!
not the bounce off 0 Fibb
as well as the candle formation
the 0 fibb helps to give the target
cheers
teb
- #27
- Last Post: Dec 6, 2008 6:24am Dec 6, 2008 6:24am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
hour
which set of boxes are right?
It doesn't matter .. we see no trend on the euro at all
we have to clue on the hour what is going on.
the 50,100,200emas are flat!!
we see a clear trend on the swissy & the pound
but its the big dog the euro that leads the pack!!
four hour
the 4 hour we have a clear clear trend
but the euro is the one out of place & against the trend
this is likely a good trade .. but I would rather the big dog leads personally
Day
day chart looks normal... other then look how far the yen is out!!!
we have a very clear trend but it might be running out of gas
week
here is why I like the swissy!!
I think its still got a ways to caught up with the pack!!!
I think we will have some good trading will with it.
the pound may be over sold
& the yen is lost .. I think we will see a BIG turn in it soon!!
teb
cheers