trading801's Koala Forex Articles and EUR/USD views | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Forex Articles 23 replies

The Koala System (No brainer) 127 replies

Forex Articles 1 reply

Attachments: trading801's Koala Forex Articles and EUR/USD views
Exit Attachments

trading801's Koala Forex Articles and EUR/USD views

  • #341
  • Sep 20, 2009 4:34pm Sep 20, 2009 4:34pm
Quoting cobraforex
Hi masoud

Cobra (the other one) is partly right with what he wrote, reading a lot of news can give you a bias and being biased can be poison for daytraders because those news can lead you to the wrong direction (that's what they are written for) or at the end you have no direction at all cause you get confused.

It's right that economical news can drive the market but it depends how market makers interprete them and not us.

We had many times positive important news for the USD or EUR and the reaction was completely reversed.

I ,as a...
Hi Mr. Cobra

You are right and I fully agree with you,

I am not a news trader and I am a scalper, I think market losers are always 2 groups, those who expect the market to and those who head to trade news. Those who are more successful in the trade market to move, and scalpers are in this category, I am in attempts to learn the news and move the path market, I try to learn (beside the scalp) took the long positions by news, for example daily trade.


Quoting trading801
masoud, i think you are a great supporter and i thank you sincerely..

at the end of the day, i think we are in this journey to learn together

and reading news and reports, be it correct or biased , will let us have a greater understanding of sentiments and markets which is important..

having said so, i tend to trade medium to long term.. so if you are a scalper like cobraforex buddy, then news may not be so useful

i welcome your support and comments buddy.. it means a lot to me !

Thank you my friend, I learned many things from you and Cobra, and I want still more things learn from you.


NT: I know my English is ludicrous. lol sorry
We are here to help each other... We Learn Forex Together!
  • #342
  • Sep 20, 2009 8:39pm Sep 20, 2009 8:39pm
Latest Article 19 Sep 09

EUR/USD An end in sight?

Click on link above for full article

- - - - - - - - - - - - - - -


daily pivots thank you actionforex !

S3------S2------S1------PP------R1------R2-------R3
1.4557--1.4603--1.4656--1.4702--1.4755--1.4801--1.4854
  • #343
  • Sep 20, 2009 10:03pm Sep 20, 2009 10:03pm
i am not very familiar with treasuries and i hope someone will shed some light.. but since demand for treasuries in USD is high, i presume it will put bull pressure on the USD? anyone pls?

Sept. 21 (Bloomberg) -- International investors are increasing purchases of Treasuries on a bet U.S. inflation will remain subdued, even as the dollar falls to the lowest levels of the year and the budget deficit tops $1 trillion.
  • #344
  • Sep 21, 2009 1:58am Sep 21, 2009 1:58am
Quoting Forex4pty
Trading801,

Sometimes you need to hear ppl to appreciate your works, and knowing that your posts have been of great use to others, you system looks great, I have been using one, Im very new to forex, 2 months actually, I margin call an account already, because I made every single mistake a newbie in forex can make, hehehe, your system is great for ppl who has time to watch the market, but I will try to use it at nights, that is my free time for trading, I use pendings orders often because of my job, but it has been profitable right now, I will...
thank you thank you

improvement suggestions to system is most welcome and can be done at the koala system thread !

http://www.forexfactory.com/showthread.php?t=168995
  • #345
  • Sep 21, 2009 2:56am Sep 21, 2009 2:56am
Latest Article 19 Sep 09

EUR/USD An end in sight?

Click on link above for full article

- - - - - - - - - - - - - - -

thank you fxlive
USD seeing across the board strength

The USD is seeing across the board strength this morning. One thing helping the greenback at the start of the week is the proximity of Wednesday’s FOMC meet. There is some evident caution among USD bears , just incase the Federal Reserve happens to signal unwinding of quantitative easing programme.
EUR/USD down at 1.4650, Technical suppports 1.4640 and 1.4610.

By Gerry Davies || September 21, 2009 at 06:43 GMT
  • #346
  • Sep 21, 2009 3:16am Sep 21, 2009 3:16am
perhaps the top was found?

Sept. 21 (Bloomberg) -- Stocks fell for a second day on speculation a six-month rally that drove the MSCI World Index to its most expensive level since 2003 has outpaced prospects for profit growth. The dollar gained, while oil and gold declined.
  • #347
  • Sep 21, 2009 4:14am Sep 21, 2009 4:14am
i posted a new review for koala.

http://www.thegeekknows.com/2009/09/...4-sept-09.html
  • #348
  • Sep 21, 2009 4:18am Sep 21, 2009 4:18am
thanks ! forexlive
European Morning Forex Wrap Up; USD gains across the board

Written by Gerry Davies
September 21, 2009 at 10:56 GMT

EUR/USD is down at 1.4655 from an early 1.4690. After flurry in early European trading activity in the pairing has slowed markedly. Market still seems loathed to offload the euro aggressively.
  • #349
  • Sep 21, 2009 7:40am Sep 21, 2009 7:40am
Latest Article 21 Sep 09

EUR/USD Review 21 Sep 09

"Hi all, as we start this week with a bank holiday in Japan, the EUR/USD resumed it's bearish momentum soon after the markets open.

After hitting a low of 1.4610, the currency pair is currently around 1.4640ish...."

Click on link above for full article

- - - - - - - - - - - - - - -
  • #350
  • Sep 21, 2009 7:56am Sep 21, 2009 7:56am
yap yap yap and it all falls !

Sept. 21 (Bloomberg) -- U.S. stocks fell, pulling the Dow Jones Industrial Average down from an 11-month high, on speculation a six-month rally has outpaced prospects for profit growth. European and Asian shares also dropped as the dollar gained, while oil, copper and gold retreated.
  • #351
  • Sep 21, 2009 9:32am Sep 21, 2009 9:32am
failed test of 1.4700 for now
  • #352
  • Sep 21, 2009 5:12pm Sep 21, 2009 5:12pm
Latest Article 21 Sep 09

EUR/USD Review 21 Sep 09

Click on link above for full article

- - - - - - - - - - - - - - -

Sept. 21 (Bloomberg) -- Bank of America Corp., the biggest U.S. bank, agreed to pay the government $425 million for an unused guarantee of Merrill Lynch & Co.’s assets as the bank tries to cut reliance on federal support after two bailouts.
  • #353
  • Sep 21, 2009 9:21pm Sep 21, 2009 9:21pm
thankyou actionforex!
pivots for today !

S3------S2------S1------PP------R1------R2-------R3
1.4522--1.4566--1.4624--1.4668--1.4726--1.4770--1.4828
  • #354
  • Sep 21, 2009 10:00pm Sep 21, 2009 10:00pm
Currently off R1 and around the region of the 1.4719 high... may have some resistance pressure
  • #355
  • Sep 21, 2009 11:02pm Sep 21, 2009 11:02pm
Latest Article 21 Sep 09

EUR/USD Review 21 Sep 09

Click on link above for full article

- - - - - - - - - - - - - - -

thankyou forexlive

EUR/USD having opened firmer, steady early

Written by Gerry Davies
September 22, 2009 at 05:31 GMT

EUR/USD having opened firmer is steady in early Eurpean trade. We’re presently at 1.4710, up from a North American close Monday around 1.4670.
The USD bulls just can’t catch a break at the moment. The USD has come under pressure on speculation the G20 leaders will call for gains in other currencies to help reduce global trade imbalances.
Technical resistances now at 1.4720/25 and 1.4770. Buy stops said to be gathered just above 1.4770. On downside, supports at 1.4675/80 and 1.4640.
The euro zone economic data cupboard is once again pretty much bare today.
  • #356
  • Sep 21, 2009 11:22pm Sep 21, 2009 11:22pm
Just dropping in to say hello and wishing you success in the upcoming session.

Take care with shorts like anybody is talking about and watch the USDCHF, break to the south is possible, that means E/U get up.

Anyhow watch and trade your own chart as always.

Have a good one.
  • #357
  • Sep 22, 2009 12:17am Sep 22, 2009 12:17am
Quoting cobraforex
Just dropping in to say hello and wishing you success in the upcoming session.

Take care with shorts like anybody is talking about and watch the USDCHF, break to the south is possible, that means E/U get up.

Anyhow watch and trade your own chart as always.

Have a good one.
hi cobraforex koala ... can you tell me more about y usd chf south = e/u up?
  • #358
  • Sep 22, 2009 12:20am Sep 22, 2009 12:20am
Latest Article 21 Sep 09

EUR/USD Review 21 Sep 09

Click on link above for full article

- - - - - - - - - - - - - - -

thanks forexlive

EUR/USD steadies after early rally; decent seller out of Zurich noted

Written by Gerry Davies
September 22, 2009 at 07:05 GMT

EUR/USD is presently back at 1.4730 having early topped at 1.4746. Sources report a Swiss bank out of Zurich selling decent amounts around the high.
EUR/USD has been garnering decent underpinning from speculation G20 will call for gains in certain currencies to help reduce global trade imbalances and from generally robust risk appetite.
Technical resistance at 1.4765/70, buy stops touted just above 1.4770.
  • #359
  • Sep 22, 2009 12:41am Sep 22, 2009 12:41am
When I wrote you that lines the price was about to break the red HL line. But I was short since breakout and retest of the ICCE box.

Look where it's now.

The USDCHF correlates contrary to the EURUSD and sometimes the PA is more predictable than E/U.

Hope you got something out of that.

Back to trading, see you.

Quoting trading801
hi cobraforex koala ... can you tell me more about y usd chf south = e/u up?
Attached Image (click to enlarge)
Click to Enlarge Name: 801.gif Size: 36 KB
  • #360
  • Sep 22, 2009 3:34am Sep 22, 2009 3:34am
thanks forexlive

EUR/USD continues higher

Written by Gerry Davies
September 22, 2009 at 10:09 GMT

Barrier option interest at 1.4800 has duly been blown up, EUR/USD presently at 1.4805. Technical resistances now at 1.4820 and 1.4845/50.
Guess they’ll be further barrier option interest up at 1.4850.
European stocks doing nicely, FTSE 100, DAX 30 both up around 1%. Elsewhere oil has put on about a buck. Risk appetite in good shape, all’s right with the world, unless you’re a dollar bull.
4 traders viewing now