Where is LION ...........?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #165,462
- Mar 12, 2009 7:24am Mar 12, 2009 7:24am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
Current price 13510
I'd say 13525 area is as high as we go. 38.2 fan fib and 38.2 fib from 14147 at 13525. Once most have been stopped out and others have gone long we should see a nice surprise to the downside...
I'd say 13525 area is as high as we go. 38.2 fan fib and 38.2 fib from 14147 at 13525. Once most have been stopped out and others have gone long we should see a nice surprise to the downside...
- #165,463
- Mar 12, 2009 7:29am Mar 12, 2009 7:29am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Beautifull market we have ladies and gentelman to those who study and learn. Remmember guys - the sky is the limit!
Hard work will pay off, relax
Hard work will pay off, relax - #165,464
- Mar 12, 2009 7:39am Mar 12, 2009 7:39am
I just made a small fortune with UJ longs. UJ is the one with a very nice uptrend. Any dip will be bought very furiously. UJ is very likely on one of those "yearly" uptrend. Because if you look at the UJ monthly chart, rallies that occur from the "bottom" usually result in full reversal. Check out the rally that started from May 1995 to August 1998. The current rally in UJ looks very similar. Buy dip UJ = automatic win. Talk about sure trades in forex. I'm gonna make millions!!
- #165,468
- Mar 12, 2009 8:19am Mar 12, 2009 8:19am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
Hard bounce, with retest the Upper TL from the top, followed by retest the Breakout..
If we break, Bull taking over, if not... this is only a simple retrace...
lets play:
Chart:
I will buy any dip @ or around the 133 level..if we get there..
waiting for daily close...baby
..will post chart with reasons then - #165,470
- Mar 12, 2009 8:21am Mar 12, 2009 8:21am
- Joined Apr 2006 | Status: Trader | 2,429 Posts
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
- #165,473
- Mar 12, 2009 8:26am Mar 12, 2009 8:26am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
even if we do not break the UTL..i am now a bull...
I will buy any dip @ or around the 133 level..if we get there..
waiting for daily close...baby
If I was you [im not] I would be waiting on that UTL to be broken before I confirm Bulls Party..
cheers bro.. hapy pipping
- #165,474
- Mar 12, 2009 8:28am Mar 12, 2009 8:28am
Hello all,
This was pure and blunt intervention by the SNB, such huge moves are only possible if a major market mover like a central bank is intervening:
1518 GMT [Dow Jones] SNB's announcement of foreign currency interventions is the first such move by a major central bank in the past 4 to 5 years, Danske Bank currency strategist Kasper Kirkegaard says. Adds there is indication the SNB already has intervened in the currency market. Doesn't believe the SNB has adopted an exchange rate target. EUR/CHF at 1.5212, USD/CHF at 1.1916. (MGE)
I hope many of you managed to get some pips out of this crazy action
cheers!
This was pure and blunt intervention by the SNB, such huge moves are only possible if a major market mover like a central bank is intervening:
1518 GMT [Dow Jones] SNB's announcement of foreign currency interventions is the first such move by a major central bank in the past 4 to 5 years, Danske Bank currency strategist Kasper Kirkegaard says. Adds there is indication the SNB already has intervened in the currency market. Doesn't believe the SNB has adopted an exchange rate target. EUR/CHF at 1.5212, USD/CHF at 1.1916. (MGE)
I hope many of you managed to get some pips out of this crazy action
cheers!
- #165,475
- Mar 12, 2009 8:34am Mar 12, 2009 8:34am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
Hello all,
This was pure and blunt intervention by the SNB, such huge moves are only possible if a major market mover like a central bank is intervening:
[font=Arial][color=navy]1518 GMT [Dow Jones] SNB's announcement of foreign currency interventions is the first such move by a major central bank in the past 4 to 5 years, Danske Bank currency strategist Kasper Kirkegaard says. Adds there is indication the SNB already has intervened in the currency market. Doesn't believe the SNB has adopted an exchange rate target. EUR/CHF at 1.5212, USD/CHF...
http://www.forexfactory.com/showpost...stcount=165263
Huge drop ahead then...
- #165,476
- Mar 12, 2009 8:35am Mar 12, 2009 8:35am
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
mate, I know you are playing big swings.. that is your style.. I collect pips Up and down.. sometimes down more then up.. but that is my style...
If I was you [im not] I would be waiting on that UTL to be broken before I confirm Bulls Party..
cheers bro.. hapy pipping
plus its crazy to go long now after 400 pips bounce in a 4 hours down trend
its like gambling now
- #165,477
- Mar 12, 2009 8:43am Mar 12, 2009 8:43am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
i agree
plus its crazy to go long now after 400 pips bounce in a 4 hours down trend
its like gambling now
but my bias has changed..so i will wait for a retrace..if and only if... it's significant ...i will enter and place stops at low...if not....then i will wait for daily close for more information..
at the mo..i've got no trades....baby
- #165,480
- Mar 12, 2009 9:02am Mar 12, 2009 9:02am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Congratulations to those who caught the bottom